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Technical Opportunities Fund (JTCAX)

Class A

Daily Price as of 9/9/10

9.84 0.02 0.20
 
POP Change ($) Change (%)
10.36 0.02 0.19

Management Team

No Photo Available
Frank L. Teixeira, CMT, CFA

Joined team in 1997
Began Career in 1989

View Commentary

Top Holdings (%)

as of 8/31/10
Apple, Inc. 2.92
Bristol-Myers Squibb Company 2.83
Medco Health Solutions, Inc. 2.62
American Tower Corp., Class A 2.60
Eli Lilly & Company 2.58
Southern Company 2.00
iPATH S&P 500 VIX Short-Term Futures ETN 1.95
Omnivision Technologies, Inc. 1.67
iPATH S&P 500 VIX Mid-Term Futures ETN 1.67
Citrix Systems, Inc. 1.64
The Fund’s holdings are subject to change at any time. Characteristics are expressed as a percentage of net assets.

All Funds (with the exception of the Money Market Fund) exclude cash and cash equivalent securities from Top holdings and Top issuers.

Goal and Strategy

To seek long-term capital appreciation. When the subadviser determines that its technical criteria are attractive, the fund will invest in equity and equity-related securities of companies located throughout the world, including the United States and emerging countries, and denominated in any currency. The subadviser employs an unconstrained investment approach driven by technical analysis. The fund is non-diversified, which means that it may invest its assets in a smaller number of issuers than a diversified fund. The fund may invest in cash and other liquid short-term fixed income securities within a wide range (0%-100% of net assets) when the subadviser believes that the fund could benefit from maintaining a higher cash exposure, including for temporary defensive purposes.

Average Annual Total Returns1

Monthly Performance (%) as of 8/31/10
QTD YTD 1YR 3YR 5YR Since Inception
(7/31/09)
(not annualized)
POP -4.50 -16.23 -5.91 NA NA -8.61
Quarterly Performance (%) as of 6/30/10
QTD YTD 1YR 3YR 5YR Since Inception
(7/31/09)
(not annualized)
POP -18.73 -16.67 NA NA NA NA

Cumulative Returns

Monthly Performance (%) as of 8/31/10
QTD YTD 1YR 3YR 5YR Since Inception
(7/31/09)
POP -4.50 -16.23 -5.91 NA NA -9.31

The performance data shown represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. See performance data current to the most recent month-end, which may be higher or lower than that cited.

Performance figures assume that all distributions are reinvested. POP (public offering price) figures reflect maximum sales charge on Class A shares of 5% for equity funds and 4.5% for fixed-income funds with the exception of the Floating Rate Income fund and the Currency Strategies fund, which have a maximum sales charge of 3%. Performance quoted without sales charges would be reduced if the sales charges were applied. Performance for other share classes will vary. For money market funds, the yield quoted more closely reflect the current earnings of the fund than the total return performance shown. Sales charges do not apply to money market funds and as a result, those funds do not quote POP performance figures. The Fund operating expenses are 2.28%.

Risk Assessment

Morningstar Rating3

Overall Rating

The fund has not yet been rated by Morningstar.

Load-Waived Rating

The fund has not yet been rated by Morningstar.

Overall Rating is based on the 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a fund's monthly performance. The overall rating includes effects of sales charges, loads and redemption fees, whereas the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase Class A shares without paying the front-end load. Other classes may be rated differently.

What You Should Know

This fund may not be appropriate for all investors. See the prospectus for more details. Funds that invest in stocks of a specific capitalization range bear certain risks. For example, large- or medium capitalization stocks as a group could fall out of favor with the market, causing a fund to underperform investments that focus on small-capitalization stocks. Small- and medium- size companies are more volatile than the market as a whole. Investments in foreign securities and multinational companies are affected by fluctuations in currency exchange rates, incomplete or inaccurate financial information on companies, social instability and political actions ranging from tax code changes to governmental collapse. These risks are more significant in emerging markets. The use of derivative instruments could produce disproportionate gains or losses and may increase the volatility and expenses of the fund. Owning ETFs generally reflect the risks of owning the underlying securities it is designed to track which may cause lack of liquidity, more volatility and increased management fees. The fund’s performance may be influenced by investments in IPOs, which are frequently volatile in price and can increase portfolio turnover.Because the Fund may from time to time focus on one or more sectors of the economy, at such times its performance will depend in large part on the performance of those sectors. As a result, at such times, the value of your investment may fluctuate more widely than it would in a fund that is invested across sectors.  When the Fund’s investments focus on one or more sectors of the economy, they are far less diversified than the broad securities markets.  This means that the Fund may be more volatile than other mutual funds, and the values of its investments may go up and down more rapidly.  In addition, when the Fund invests in particular sectors it will be particularly susceptible to the impact of market, economic, regulatory and others factors affecting those sectors. The Fund can invest up to 100% of its assets in cash which may cause the fund to not meet its investment objective. The Portfolio turnover may be high due to high trading volumes which can increase transaction costs, which may impact performance and create capital gains tax liability for shareholders in non retirement accounts.

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Copyright © 1999-2010 by John Hancock Funds, LLC and affiliated companies, Member FINRA | SIPC, 601 Congress Street, Boston, MA 02210. 

Click here to view prospectuses for Open-End, Retirement, and Institutional funds. A fund’s investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. Please read the prospectus carefully before investing or sending money. These products are available for sale only within the United States.

Please keep in mind that mutual fund shares: Are not FDIC insured | May lose value | Come with no bank guarantee | Are not insured by any government agency

1 These results reflect any applicable expense reductions, which can be terminated in the future. Without these reductions expenses increase and results would have been less favorable.
2 As of most recent month-end. Morningstar definitions: The Morningstar Style Box reveals the Fund’s investment strategy. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth).
3 Morningstar proprietary ratings reflect risk-adjusted performance through most recent month-end. The ratings are subject to change every month. For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a fund’s monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star, respectively. (Each share class is counted as a fraction of 1 fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.
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