Investment objective & strategy
As of Feb. 26, 2025 · prospectusObjective. To seek growth through capital appreciation by investing mainly in equities of companies that may benefit from global long-term market themes.
Strategy. The fund aims to achieve capital growth by investing mainly in equities and equity-related securities (including American, Global, and European Depositary Receipts (ADRs, GDRs, and EDRs)) issued by companies throughout the world. Under normal market conditions, at least 40% of the value of the funds net assets will be invested in securities of issuers domiciled outside of the United States, including in emerging markets (Foreign Companies), unless the manager deems market conditions and/or company valuations to be less favorable to Foreign Companies, in which case, the fund will invest at least 30% of its net assets in Foreign Companies. This includes securities of foreign issuers that trade on U.S. exchanges. The fund may employ a thematic investing approach, which refers … The fund aims to achieve capital growth by investing mainly in equities and equity-related securities (including American, Global, and European Depositary Receipts (ADRs, GDRs, and EDRs)) issued by companies throughout the world. Under normal market conditions, at least 40% of the value of the funds net assets will be invested in securities of issuers domiciled outside of the United States, including in emerging markets (Foreign Companies), unless the manager deems market conditions and/or company valuations to be less favorable to Foreign Companies, in which case, the fund will invest at least 30% of its net assets in Foreign Companies. This includes securities of foreign issuers that trade on U.S. exchanges. The fund may employ a thematic investing approach, which refers to the process of identifying significant macroeconomic trends and the underlying investments that stand to benefit from the materialization of those trends. The fund will invest mainly in securities anticipated to benefit from global long-term market themes resulting from changes in economic and social factors such as demographics, lifestyles, regulations, or the environment. The fund may invest in all types of equity and equity-related securities, including, without limitation, exchange-traded and over-the-counter common and preferred stocks, warrants, options, rights, convertible securities, sponsored and unsponsored depositary receipts and shares, trust certificates, participatory notes, limited partnership interests, shares of other investment companies (including exchange-traded funds (ETFs)), real estate investment trusts (REITs), and equity participations. The fund may invest in companies of any market capitalization. The manager considers environmental, social, and/or governance (ESG) factors, alongside other relevant factors, as part of its investment process. ESG factors may include, but are not limited to, matters regarding board diversity, climate change policies, and supply chain and human rights policies. The ESG characteristics utilized in the funds investment process may change over time and one or more characteristics may not be relevant with respect to all issuers that are eligible fund investments. Because ESG factors are considered alongside other relevant factors, the manager may determine that an investment is appropriate notwithstanding its relative ESG characteristics. The fund may invest in any country (including emerging market countries), in any economic sector and in any currency. However, depending on market conditions, the investments may be focused in one or more countries, sectors and/or currencies. The fund may invest in China A-shares listed and traded on the certain Chinese stock exchanges through Stock Connect programs. The funds investment process may result in a high portfolio turnover ratio and increased trading expenses. The fund may invest in or use derivatives for hedging and non-hedging purposes in a manner consistent with the investment objective of the fund. Derivatives may be used for hedging purposes in the event of significant cash flows into or out of the fund and to provide protection for the fund, and may include futures and options. Derivatives may be used for non-hedging purposes in order to invest indirectly in securities or financial markets and to gain exposure to other currencies.
Top holdings
As of Jan. 31, 2025 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL A | — | $4.46M | 3.86% |
| THERMO FISHER SCIENTIFIC INC | — | $4.42M | 3.82% |
| UNITEDHEALTH GRP | — | $4.31M | 3.73% |
| AMAZON.COM INC | — | $4.08M | 3.53% |
| MICROSOFT CORP | — | $3.60M | 3.11% |
| ASML HOLDING NV COMMON STOCK EUR.09 | ASML NA | $3.51M | 3.04% |
| ROPER TECHNOLOGIES INC | — | $3.47M | 3.00% |
| REPUBLIC SVCS | — | $3.29M | 2.84% |
| NVIDIA CORP | — | $3.23M | 2.79% |
| NEXTERA ENERGY INC | — | $3.07M | 2.65% |
Portfolio moves
Oct 31, 2024 → Jan 31, 2025How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| BlackRock Sustainable U.S. Growth Equity Fund | 29% | 0.62% |
| SA T. Rowe Price Growth Stock Portfolio | 29% | 0.87% |
| Vontobel U.S. Equity Institutional Fund | 28% | 0.65% |
Advisers
| Firm | Role |
|---|---|
| John Hancock Investment Management LLC | Adviser |
| Pictet Asset Management SA | Sub-adviser |
Footnotes
- Net assets and holdings count as of January 31, 2025, from the fund's N-PORT filing.
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