Financial Industries Fund Quote
| JFIFX Fund | USD 15.83 0.03 0.19% |
Performance4 of 100
| Odds Of DistressLess than 21
|
Financial Industries is trading at 15.83 as of the 19th of April 2024; that is 0.19 percent increase since the beginning of the trading day. The fund's open price was 15.8. Financial Industries has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Financial Industries Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in equity securities of U.S. and foreign financial services companies of any size. These companies include, but are not limited to, banks, thrifts, finance and financial technology companies, brokerage and advisory firms, real estate related firms, insurance companies, and financial holding companies. More on Financial Industries Fund
Moving together with Financial Mutual Fund
| 0.97 | JQLMX | Multimanager Lifestyle | PairCorr |
| 0.97 | JQLBX | Multimanager Lifestyle | PairCorr |
| 0.97 | JQLAX | Multimanager Lifestyle | PairCorr |
| 0.92 | JQLCX | Multimanager Lifestyle | PairCorr |
| 0.97 | JQLGX | Multimanager Lifestyle | PairCorr |
Financial Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Financial Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Financial Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | John Hancock Funds, Large Funds, Financial Funds, Financial, John Hancock (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Financial Industries Fund [JFIFX] is traded in USA and was established 19th of April 2024. Financial Industries is listed under John Hancock category by Fama And French industry classification. The fund is listed under Financial category and is part of John Hancock family. This fund currently has accumulated 456.76 M in assets under management (AUM) with minimum initial investment of 250 K. Financial Industries is currently producing year-to-date (YTD) return of 4.38% with the current yeild of 0.02%, while the total return for the last 3 years was 1.48%.
Check Financial Industries Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Financial Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Financial Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Financial Industries Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Financial Industries Fund Mutual Fund Constituents
| ARES | Ares Management LP | Stock | Financials |
| PLMR | Palomar Holdings | Stock | Financials |
| STI | Solidion Technology | Stock | Banks—Regional |
| BAC | Bank of America | Stock | Financials |
| BX | Blackstone Group | Stock | Financials |
| KKR | KKR Co LP | Stock | Financials |
| TW | Tradeweb Markets | Stock | Financials |
Financial Industries Target Price Odds Analysis
Based on a normal probability distribution, the odds of Financial Industries jumping above the current price in 90 days from now is about 57.44%. The Financial Industries Fund probability density function shows the probability of Financial Industries mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Financial Industries has a beta of 0.9462. This indicates Financial Industries Fund market returns are sensitive to returns on the market. As the market goes up or down, Financial Industries is expected to follow. Additionally, financial Industries Fund has an alpha of 0.0139, implying that it can generate a 0.0139 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Financial Industries to move above the current price in 90 days from now is about 57.44 (This Financial Industries Fund probability density function shows the probability of Financial Mutual Fund to fall within a particular range of prices over 90 days) .
Financial Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Financial Industries market risk premium is the additional return an investor will receive from holding Financial Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Financial Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Financial Industries' alpha and beta are two of the key measurements used to evaluate Financial Industries' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5769 | |||
| Semi Deviation | 0.6796 | |||
| Standard Deviation | 0.7504 | |||
| Variance | 0.5631 |
Financial Industries Against Markets
Picking the right benchmark for Financial Industries mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Financial Industries mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Financial Industries is critical whether you are bullish or bearish towards Financial Industries Fund at a given time. Please also check how Financial Industries' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Financial Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
How to buy Financial Mutual Fund?
Before investing in Financial Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Financial Industries. To buy Financial Industries fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Financial Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Financial Industries fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Financial Industries Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Financial Industries Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Financial Industries Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Financial Industries Fund?
The danger of trading Financial Industries Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Financial Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Financial Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Financial Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Financial Industries Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Financial Industries information on this page should be used as a complementary analysis to other Financial Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.