Fund Evaluator:
John Hancock Disciplined Global L/S C (JAKTX)
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Best Performing in Long-Short Equity Over the Last Year
| 34.9% | Boston Partners Long/Short Equity Inv (BPLEX) |
| 21.1% | ABR 50/50 Volatility Investor (ABRJX) |
| 17.2% | ABR 75/25 Volatility Investor (VOLJX) |
| 13.9% | Cromwell Long Short Investor (MFADX) |
| 13.1% | Boston Partners Long/Short Rsrch Inv (BPRRX) |
Fund Details
John Hancock Disciplined Global L/S C Overview
John Hancock Disciplined Global L/S C (JAKTX) is an actively managed Nontraditional Equity Long-Short Equity fund. John Hancock launched the fund in 2024.
The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of equity and equity-related securities. It generally invests in the equity securities of issuers the manager believes are undervalued. The manager expects to maintain long and short positions so that the fund’s portfolio is approximately between 30% and 70% net long. It is non-diversified.
About John Hancock Disciplined Global L/S C (JAKTX)
There are 3 members of the management team with an average tenure of 9.07 years: Christopher Hart (2013), Joshua Jones (2013), Soyoun Song (2024). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI World NR USD index with a weighting of 100%. John Hancock Disciplined Global L/S C has 289 securities in its portfolio. The top 10 holdings constitute 29.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
John Hancock Disciplined Global L/S C is part of the Equity global asset class and is within the Nontraditional Equity fund group. John Hancock Disciplined Global L/S C has 56.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 18.0%. There is 30.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 26.0% (0.0% domestic bond, 26.0% foreign bond and 0.0% convertible bond). John Hancock Disciplined Global L/S C has 19.6% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $361 million average for the Long-Short Equity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JAKTX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The John Hancock Disciplined Global L/S C expense ratio is high compared to funds in the Long-Short Equity category. John Hancock Disciplined Global L/S C has an expense ratio of 2.66%, which is 21% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. John Hancock Disciplined Global L/S C has a portfolio turnover rate of 230%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 287% for the Long-Short Equity category.
Recently, in the month of August 2026, John Hancock Disciplined Global L/S C returned 2.1%, which earned it a grade of B, as the Long-Short Equity category had an average return of 1.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
John Hancock Disciplined Global L/S C has a trailing yield of 0.58%, which is below the 1.14% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
John Hancock Disciplined Global L/S C Grades
Year to date, the fund has returned 14.4%, 5.0 percentage points better than the category, which translates into a grade of B. The fund has returned 22.1% over the past year (grade of A), 16.4% over the past three years (grade of B) and 13.8% per year over the past five years (grade of B) and 7.7% per year over the past 10 years (grade of C).
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JAKTX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JAKTX Return (NAV) | 2.1% | 2.2% | 22.1% | 16.4% | 13.8% | 7.7% |
| JAKTX Grade | B | C | A | B | B | C |
| +/- Category | 0.3% | -1.8% | 8.6% | 3.6% | 5.0% | -0.2% |
| Long-Short Equity Avg | 1.8% | 4.0% | 13.5% | 12.7% | 8.8% | 7.9% |
| JAKTX Tax Cost Ratio | na | na | 2.5% | na | na | na |
JAKTX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JAKTX Return (NAV) | 14.4% | 28.7% | 1.1% | 7.3% | 15.0% | 16.5% | -1.5% | 3.6% | -10.1% | 6.5% | 1.3% |
| JAKTX Grade | B | A | F | D | A | C | D | F | D | F | D |
| +/- Category | 5.0% | 17.2% | -12.3% | -5.8% | 18.8% | -4.7% | -7.3% | -9.7% | -2.2% | -5.1% | -5.9% |
| Long-Short Equity Avg | 9.4% | 11.4% | 13.4% | 13.0% | -3.8% | 21.2% | 5.8% | 13.3% | -7.9% | 11.6% | 7.3% |
| Risk Measures | |
| Standard Deviation: | 8.6% |
| Total Risk Index: | 0.70 - Below Average |
| Category Risk Index: | 0.81 - Below Average |
| Category Risk Grade: | B (30% Rank) |
| Beta: | 0.27 |
| R-Squared: | 17% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 0.6% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1443 Mil |
| Fund Total Assets: | $ 3 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 230% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 12.7 years | |||
| Average Tenure: 9.1 years | |||
| Managers (Year): Hart Christopher (2013), Jones Joshua (2013), Song Soyoun (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 289 |
| % in Top 10 Holdings: | 29.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 56.5% |
Portfolio Allocation |
|
| Domestic Stock: | 18.0% |
| Foreign Stock: | 30.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 26.0% |
| Convertible Bond: | 0.0% |
| Other: | 6.0% |
| Cash: | 19.6% |
Purchase Information
| Fund Family: | John Hancock |
| Phone Number: | 800-225-5291 |
| Website: | www.jhfunds.com |
| Status: | Open |
| Inception Date: | October 21, 2024 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 2.66% ( Rating : High ) |
| Category Average Expense Ratio (%): | 2.19% |
| Share Class: | John Hancock Disciplined Global L/S I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
