John Hancock Fds II, Alternative Asset Allocation Fund Class I
JAAIX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 200 Berkeley Street Boston MA United States of America 02116
- IPO Date
- Dec 30, 2010
- CIK
- 0001331971
- Website
- jhinvestments.com
- Similar Companies
- Business
- John Hancock Funds II Alternative Asset Allocation Fund Class I (JAAIX) is an open-end mutual fund that seeks long-term growth of capital by allocating its assets among affiliated and unaffiliated underlying funds, including exchange-traded funds (ETFs), emphasizing alternative or nontraditional asset categories and investment strategies. The fund invests in a diversified portfolio of strategies such as international small-cap stocks; emerging-market equity; commodities; market neutral (long/short) approaches; global real estate; natural resources; Treasury Inflation-Protected Securities (TIPS); global bonds; high yield securities; bank loans; foreign currency trading; absolute return strategies; managed futures; arbitrage; tactical investment strategies; and emerging-market debt, with top holdings including JPMorgan Hedged Equity Fund Class R6, John Hancock Multi-Asset Absolute Return Fund, Calamos Market Neutral Income Fund Institutional Class, Victory Market Neutral Income Fund Class I, and John Hancock Disciplined Value Global Long/Short Fund. Class I shares (JAAIX), designed for institutional investors with a minimum initial investment of $250,000, feature a net expense ratio reflective of the fund's structure, daily pricing, and availability primarily in the United States. John Hancock Funds II, the series trust under which the fund operates, was organized in 2005 as a Massachusetts business trust and is managed by John Hancock Investment Management, a division of Manulife Investment Management. Headquartered in Boston, Massachusetts, at 200 Berkeley Street, the broader John Hancock organization traces its roots to 1862 and serves investors through a range of mutual funds domiciled in the United States, with the fund's portfolio exhibiting allocations such as 39% U.S. stocks, 32% cash, 12% U.S. bonds, 6% non-U.S. stocks, 5% non-U.S. bonds, and 6% other assets. The fund targets multistrategy investors seeking diversification beyond traditional equities and fixed income, falling within the Morningstar Multistrategy category. In recent developments, the fund maintained its core strategy with portfolio adjustments in Q3 2025, including positions in hedged equity, multi-asset absolute return, and market neutral income funds, amid ongoing quarterly updates to investor fact sheets as of September 2025. John Hancock Investment Management has continued to emphasize alternatives expansion, building on prior launches like the 2022 Asset-Based Lending Fund, though no specific acquisitions, mergers, or major strategic shifts for JAAIX were announced in 2024-2025; the firm reported total net assets of approximately $994 million for the fund as of late 2025. Updated summary prospectuses dated October 2025 reaffirm the fund's objectives, risks, and use of derivatives like foreign currency forwards, futures, swaps, and options.