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JMENX JHancock Multimanager 2060 Lifetime I Forecast, Technical & Fundamental Analysis

Category
A.I.Advisor
published Highlights

Industry description

The investment seeks high total return through the fund's target retirement date, with a greater focus on income beyond the target date. The fund invests substantially all of its assets in underlying funds using an asset allocation strategy designed for investors expected to retire around the year 2060. The portfolio managers of the fund allocate assets among the underlying funds according to an asset allocation strategy that becomes increasingly conservative over time.
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A.I. Advisor
published General Information

General Information

Category

Profile
Fundamentals
Details
Category
Target-Date 2060
Address
John Hancock Funds601 Congress StreetBoston
Phone
N/A
Web
www.jhfunds.com
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JMENX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, JMENX has been closely correlated with FUIPX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if JMENX jumps, then FUIPX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To JMENX
1D Price
Change %
JMENX100%
+0.56%
FUIPX - JMENX
98%
Closely correlated
+0.54%
FDKVX - JMENX
98%
Closely correlated
+0.47%
FNSFX - JMENX
98%
Closely correlated
+0.47%
RBNTX - JMENX
90%
Closely correlated
+0.39%
FAWTX - JMENX
90%
Closely correlated
+0.38%
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