JHFunds2 Real Estate Securities 1 Fund (JIREX) a Zacks Rank #1 (Strong Buy) was incepted in October 2005. The objective of JIREX is to provide long-term growth of capital as well as current income. The fund invests a large portion of its assets in equity securities issued by real estate investment trusts and companies. Not more than 10% of its assets may be invested in foreign firms.

This Sector - Real Estate product, as of the last filing, allocates their fund in five major groups; Foreign Bond, Intermediate Bond, Small Value, Large Growth and Precious Metal. Further, as of the last filing, Simon Property Group Inc, Equity Residential and Equinix Inc were the top holdings for JIREX.

The JHFunds2 Real Estate Securities 1 fund, managed by John Hancock , carries an expense ratio of 0.78%. Moreover, JIREX requires a minimal initial investment of $0.

JIREX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10.4% and 5 year 11%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .

JIREX’s performance, as of the last filing, when compared to funds in its category was in the top 7% over the past 1 year, in the top 12% over the past 3 years, and in the 16% over the past 5 years.

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