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John Hancock Global Absolute Return Strategies Fund (JHAAX) Crosses $1 Billion Mark Just Nine Months After Launch

Contributing significantly to the rapid asset growth of GARS has been and continues to be its addition to model portfolios or recommended lists at many of the top national investment firms, noted Mr. Arnott, while retail demand has steadily accelerated. "We are pleased that the Fund has performed well and been well-received," said Mr. Arnott. 

"Our decision to launch the Fund stemmed from our conversations with advisers who needed to offer investors ways to incorporate truly uncorrelated liquid alternatives into their portfolios. Following an extensive research and due diligence process by John Hancock Investment Management Services, our in-house group designed to identify best in class managers, we selected Standard Life Investments after numerous discussions and multiple in-person visits to their home office. What impressed us the most was the size and experience of the 27-person team that supports the strategy and how they work together to execute the approach.  Also critical is their focus on risk management.  That the Fund has attracted more than $1 billion in assets thus far we see as a validation of our process and strategy by our financial advisor partners and their firms," Mr. Arnott said.

Absolute return funds such as John Hancock GARS employ certain techniques which are intended to reduce risk and volatility in the portfolio and provide protection against a decline in the Fund's assets.  Absolute return funds are not designed to outperform stocks and bonds in strong markets; thus they are not benchmarked against the S&P 500.

About John Hancock FundsThe Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds manages more than $73.7 billion in open-end funds, closed-end funds, private accounts, college savings and retirement plans, and related party assets for individual and institutional investors as at June 30, 2012.

About Standard Life InvestmentsAs of June 30 2012, Standard Life Investments managed $247.1 billion in assets under management across the spectrum of investment capabilities spanning equities, fixed income, real estate, private equity, multi-asset solutions, fund-of-funds as well as absolute return strategies. Headquartered in Edinburgh, Standard Life Investments employs over 1000 people. Standard Life Investments has offices globally, including locations in Boston, Hong Kong, London, Beijing, Montreal, Sydney, Dublin, Paris and Seoul. In addition, Standard Life Investments has close relationships with leading domestic players in Asia, including HDFC Asset Management in India and Sumitomo Mitsui Trust Bank in Japan. Standard Life Investments was launched as an investment management company in 1998. It is a subsidiary of Standard Life Investments (Holdings) Limited, which in turn is a wholly-owned subsidiary of Standard Life plc.

In July 2012 Standard Life Investments' Multi Asset Investing Team won the Absolute Return category for GARS at Investment Week's Fund Manager of the Year Awards. In 2011 Standard Life Investments' GARS Fund won 'Best Absolute Return Fund' at the Professional Adviser Awards 2011 (UK). And in 2008, Standard Life Investments won the 'Multi-Asset Manager of the Year' Award at the UK Pensions Awards 2008. 

About John Hancock Financial and Manulife Financial Corporation John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, John Hancock celebrates 150 years of serving clients across the United States, while Manulife celebrates its 125 th anniversary. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were C$514 billion ( US$504 billion) as at June 30, 2012.  Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at  The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at .

A fund's investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus includes this and other important information about the fund. To obtain a prospectus, call your financial professional, John Hancock Funds at 1-800-225-5291 or visit our Web Site at Please read the prospectus carefully before investing or sending money.

SOURCE John Hancock Funds

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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