John Hancock Freedom 529 Equity Portfolio Q1 2026 Commentary (JHIGX)
John Hancock Investment Management·2026-06-17·via All Articles on Seeking Alpha
Summary
Although U.S. stocks began the year with positive momentum, they declined in Q1, as the conflict in the Middle East took center stage.
Joint U.S.-Israeli strikes on Iran began on February 28, sending the price of crude oil soaring to as high as $120 per barrel, following the closing of the Strait of Hormuz.
Within the S&P 500, the growth-oriented consumer discretionary and information technology sectors were among the hardest hit, each returning -9%.
The John Hancock Equity Portfolio recorded a low single-digit loss for the quarter but outperformed its blended benchmark, comprising a 70% weighting in the Russell 3000 Index.
The Real Assets Fund (T. Rowe Price) was a strong contributor to relative performance, as real-asset equities significantly outperformed the broader equity market.
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Quarterly commentary ¹,² Highlights
Although U.S. stocks began the year with positive momentum, they declined in Q1, as the conflict in the Middle East took center stage.
Joint U.S.-Israeli strikes on Iran began on February
