Rated as one of the best US Stock mutual funds, JHFunds 2 Capital Appreciation 1 fund has outperformed its peers. This John Hancock fund can be used as one of the tools for asset diversification. Details about the fund review is below.
JHFunds2 Capital Appreciation 1 (MUTF: JICPX)
JHFunds2 Capital Appreciation 1 (MUTF: JICPX)
As the top large growth fund, this JHFunds2 Capital Appreciation fund is seeking long-term growth of capital. The fund invests most of total assets (>65%) in above average growth prospect companies' equity with more than $1 billion in market capitalization. It may minority of total asset (<20%) in foreign equity securities. The fund may invest in U.S. government bond issued or guaranteed by the U.S. government or by its agency. It may invest in mortgage-related securities issued or guaranteed by U.S. governmental entities. This John Hancock II fund may invest in investment grade fixed incomes or bonds.
JICPX Fund Details
JHFunds2 Capital App 1 fund |
- Fund Inception Date: October 14, 2005
- Ticker Symbol: JICPX
- CUSIP: 47803V879
- Beta (3yr): 0.90
- Rank in category (YTD): 7
- Category: Large Growth
- Yield: 0.08%
- Net Assets: $ 2.06 billion
- Sales Load: 0.0%
- Expense Ratio: 0.79%
- Capital Gains: N/A
- Number of Years Up: 4 years
- Number of Years Down: 1 year
Updated on 9/9/2011
This John Hancock fund has gotten 4-stars rating from Morningstar. It has recorded 4 years of positive return since its inception and 1 year negative return. The performance of this fund since its inception is as follow:
- Year 2010: 11.80%
- Year 2009: 42.22%
- Year 2008: -37.31%
- Year 2007: 11.60%
- Year 2006: 2.21%
This fund has returned 27.41% over the past 1 year and 6.67% over the past three years. Currently the YTD return of this JICPX fund is 8.43%.
Currently, this top fund is only available at the limited of 3 brokerages. They are Northwestern Mutual Investor Service LLC, Daily Access Corporation RTC and Trade PMR Transaction Fee. The other class of this best stock fund is the same Other Class (Ticker: JHCPX). This JHCPX fund has 0.13% dividend yield and 0.74% annual expense ratio.
The top holdings of this JICPX fund as of June 2011 are Amazon.com Inc (4.27%), Apple Inc (4.21%), Schlumberger NV (2.87%), Oracle Corporation (2.78%) and International Business Machines Corp (2.42%). These top five holdings represent 16.56% of the total portfolio. The top sectors of this fund are Technology, Consumer Cyclical, Health Care, Industrials and Energy.
Disclosure: No Position
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