HBANM - John Hancock Regional Bank Fund Q4 2024 Commentary
2025-03-04 07:20:00 ET
Summary
- The John Hancock Regional Bank Fund index returned 19.12% in 2024, its best showing in a calendar year since 2021.
- The fund’s secondary benchmark—the S&P Regional Banks Select Industry Index—posted a healthy gain of 7.46% in the fourth quarter, but it finished well off its November high.
- The fund outperformed its benchmark in both the quarter and the year on the strength of positive individual stock selection.
Average annual total returns 1,2 %
Qtd |
Ytd |
1 yr |
3 yr |
5 yr |
10 yr |
Life of fund |
Life of fund date |
Class I without sales charge |
7.72 |
22.74 |
22.74 |
2.03 |
6.18 |
8.84 |
10.51 |
1/4/92 |
Class A without sales charge |
7.68 |
22.38 |
22.38 |
1.74 |
5.90 |
8.59 |
10.43 |
1/4/92 |
Class A with sales charge (Maximum initial sales charge 5.00%) |
2.30 |
16.26 |
16.26 |
0.02 |
4.82 |
8.03 |
10.25 |
1/4/92 |
S&P Regional Banks Select Industry Index |
7.46 |
19.12 |
19.12 |
-2.04 |
4.09 |
6.92 |
— |
— |
Financial category |
6.44 |
25.11 |
25.11 |
6.25 |
9.56 |
9.03 |
— |
— |