C000198632 Fees and Costs — John Hancock Diversified Real Assets Fund, Class NAV
Data updated: 2026-08-27
The net expense ratio is 0.88%: a 0.85% management fee plus 0.09% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $727K in broker commissions, 0.0945% of average net assets, and portfolio turnover was 68%.
C000198632 Fees and Expenses
Annual operating expenses and sales charges of C000198632. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | — |
| Other expenses | 0.09% |
| Gross expense ratio | 0.94% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.88% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000198632 Costs Over Time
On $10,000 invested in C000198632, assuming 5% a year before costs, total costs come to $610 over 5 years, cutting the return by 1.02% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.88%) | $92 | $288 | $500 |
| Trading costs (broker commissions) | $10 | $31 | $54 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $335 | $610 |
| Value after costs | $10,398 | $11,241 | $12,153 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
C000198632 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0945%
- Total broker commissions: $727K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 68%
- Securities on loan, average value: $16.0M
- Net income from securities lending: $207K (0.027% of average net assets)
C000198632 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CIBC World Markets Inc. | $92K | 18.71% |
| UBS AG | $66K | 13.50% |
| Bank of Montreal | $59K | 12.00% |
| J.P. Morgan Securities LLC | $47K | 9.67% |
| Goldman Sachs & Co. LLC | $46K | 9.29% |
| Citigroup Global Markets Holdings Inc. | $38K | 7.66% |
| Royal Bank of Canada | $37K | 7.58% |
| Raymond James & Associates, Inc. | $37K | 7.46% |
| Wells Fargo Securities, LLC | $36K | 7.42% |
| Jefferies LLC | $33K | 6.71% |
C000198632 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $663.4M | 54.75% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $339.3M | 28.00% |
| TD Securities Inc. / Valeurs Mobilieres TD Inc. | $57.2M | 4.72% |
| Morgan Stanley & Co. LLC | $44.7M | 3.69% |
| UBS AG | $44.3M | 3.66% |
| TD Securities (USA) LLC | $21.9M | 1.81% |
| J.P. Morgan Securities LLC | $18.5M | 1.53% |
| Pershing LLC | $9.8M | 0.81% |
| Jefferies LLC | $8.7M | 0.72% |
| Citigroup Global Markets Holdings Inc. | $3.9M | 0.32% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.