JHF II Disciplined Value Emerging Markets Equity Fund - Class I · NASDAQ:JEVIX
JHF II Disciplined Value Emerging Markets Equity Fund - Class I — Manulife John Hancock Investments — Investor Presentation (2025)
42 slides from JHF II Disciplined Value Emerging Markets Equity Fund - Class I's investor presentation, 2025
Slide 1: My brain made me do it
My brain made me do it Title Distribution or reproduction of the content contained in this program is prohibited without the express written permission of Manulife John Hancock Investments 1
Slide 2: Welcome to “My brain made me do it”
Welcome to “My brain made me do it” Today, you’ll have an opportunity to: Investigate how we typically make decisions Understand how our decision-making process contributes to common investment mistakes Learn how to train our brains to avoid those mistakes 2
Slide 3: Pop quiz
Pop quiz Fill in the blanks Low Buy High Low Sell High The fundamental principle of investing Practice Management Network 3
Slide 4: The battle of the brain
The battle of the brain Good investing techniques Intuitive vs. reflective 4
Slide 5: Two schools of economics
Two schools of economics Old school: classical economics Investors are rational people who have self-control New school: behavioral economics Investors are not logical and are undisciplined 5
Slide 6: How to train your brain
How to train your brain We want quick and easy decisions A new mindset When dealing with is needed your dollars, do you to overcome really want quick human nature and easy? 6
Slide 7: Six common investing mistakes
Six common investing mistakes 1 Loss aversion 2 Anchoring 3 Status quo bias 4 Procrastination 5 Hindsight bias 6 Availability 7
Slide 8: Mistake 1: loss aversion
Mistake 1: loss aversion Emotional bias People’s tendency to strongly prefer avoiding losses over acquiring gains • The psychological impact of a loss can be twice as powerful as the impact of a gain • Leads to poor investment choices 8
Slide 9: Warning signs
Warning signs “I can’t sell now—it’s down too far. It will come back eventually.” “I don’t mind staying in cash — the markets have been crazy lately! I’d rather be safe.” Sound familiar? 9
Slide 10: How to remedy loss aversion
How to remedy loss aversion Don’t just be prepared for market volatility — expect it Involve impartial people Create a disciplined plan — and stick to it! Develop an emergency fund Establish a dollar-cost-averaging plan* * Dollar cost averaging does not assure a profit or protect against loss in a d
Slide 11: Mistake 2: anchoring
Mistake 2: anchoring Cognitive bias Anchoring is how well you can concentrate and focus There’s a common human tendency to rely too heavily, or anchor, on one trait or piece of information when making decisions 11
Slide 12: Change your anchors
Change your anchors S&P 500 Index, 1993–2025 $4,000,000 $3,500,000 COVID 19 $3,000,000 downturn Dot com Great Value of investment $2,500,000 bubble recession $2,000,000 burst of 2008- 2010 $1,500,000 $1,000,000 { { $500,000 $- 8 99 903 906 910 913 917 920 924 927 931 934 938 941 945 948 952 955 959
Slide 13: It is a market of extremes
It is a market of extremes S&P 500 Index calendar year returns, 1928–2025 (%) 60 The average annual return from 1928 to 2025 is 9.8% 40 20 0 -20 -40 -60 1928 1933 1938 1943 1948 1953 1958 1963 1968 1973 1978 1983 1988 1993 1998 2003 2008 2013 2018 2023 2025 Source: Calculated by John Hancock Funds,
Slide 14: In any given year, returns may be negative
In any given year, returns may be negative Distribution of annual returns, S&P 500 Index, 1928–2025 Number of occurrences 22 Positive years 72 (73%) 2025 2020 Negative years 26 (27%) 2016 2014 18 2012 2024 2010 2023 2006 2021 14 14 2004 2017 2018 2015 1993 2009 13 2000 2011 1988 2003 2019 1990 2
Slide 15: The longer you hold stocks, the better the chance returns will be positive
The longer you hold stocks, the better the chance returns will be positive Rolling 10-year stock market returns, 1928–2025 Number of occurrences Positive years 84 (94%) Negative years 5 (6%) 15 14 2024 14 2016 13 2023 2021 2015 2017 2022 2000 2014 2006 2020 1992 2013 2005 2019 1991 2012 2002 201
Slide 16: Warning signs
Warning signs “I’m still down 10%. I just want to get back to where I started.” “Six months ago, I had $XXX, and now I have half that amount.” Have you ever said this? 16
Slide 17: How to remedy anchoring
How to remedy anchoring Keep an open mind Seek out information to give you perspective Change your anchors Let progress toward your goals be your benchmark 17
Slide 18: Mistake 3: status quo bias
Mistake 3: status quo bias Cognitive bias People tend not to change an established behavior unless the incentive to change is compelling • It’s easier to do nothing • Creatures of routine Your initial portfolio allocation is tremendously important, as it has enduring impact. 18
Slide 19: Warning signs
Warning signs “I’ve had that investment for years, and it’s been good. No need to change it now.” “More than half of my portfolio is invested in my company’s stock. I’ve heard that’s not such a good idea, but I don’t know where else to invest.” What can you do about it? 19
Slide 20: How to remedy status quo bias
How to remedy status quo bias Make a schedule Revisit your plan at regular intervals Involve others and hold yourself accountable Learn what motivates you Reward yourself for progress toward your goals 20
Slide 21: Mistake 4: procrastination
Mistake 4: procrastination Emotional bias Procrastination • Positive bias toward the present • Anxiety when starting a complex task • People want to relax today and invest (or do anything) next week Fruit or chocolate? 21
Slide 22: Warning signs
Warning signs “I really should join my company’s retirement plan. I’ll get to it next week.” “Our child just turned 10. We really should open a 529 account one of these days.” What can you do about it? 22
Slide 23: How to remedy procrastination
How to remedy procrastination Make a schedule Revisit your plan at regular intervals Involve others and hold yourself accountable Learn what motivates you Reward yourself for progress toward your goals 23
Slide 24: Mistake 5: hindsight bias
Mistake 5: hindsight bias Emotional bias Hindsight — locking the barn door after the horse has run away • Taking action after it’s too late • The mortgage meltdown, banks tightening credit • Past performance does not guarantee future results It’s why people start to eat right and exercise after a he
Slide 25: It’s natural to feel emotional about your investments
It’s natural to feel emotional about your investments EUPHORIC “I should quit my job and do this full time! Look at the money I’m making!” Best opportunity to make money Nervous Confident “What happened? “I’ve already What is going on?” made money. This is great.” Hopeful “Things seem like they’re t
Slide 26: Emotions tend to make investors abandon and reenter stocks at the worst times
Emotions tend to make investors abandon and reenter stocks at the worst times Net fund flows ($M), 2006–2025 Equity fund flows S&P 500 Index $ 180,000 Investors move back 7,000 in as index peaks 6,500 130,000 6,000 5,500 80,000 5,000 4,500 30,000 4,000 3,500 -20,000 3,000 2,500 -70,000 Investors 2,0
Slide 27: The key is not missing the market’s best days
The key is not missing the market’s best days 20-year growth of $10,000, 2006–2025 Fully invested $80,485 Missed 10 best days $35,806 Missed 20 best days $21,141 Missed 30 best days $13,803 Missed 40 best days $9,447 Source: Bloomberg, as of 12/31/2025. This table is for illustrative purposes only.
Slide 28: U.S. equities have historically recovered
U.S. equities have historically recovered Bull markets have outlasted bear markets for more than 70 years (%) Bulls vs. bears (1955–2024) ■ Bull markets ■ Bear markets Occurrences 12 11 Average length (months) 60 13 Average return (%) 183.26 -34.64 550% 500% 450% 400% The covid bear 350% market bega
Slide 29: Warning signs
Warning signs “I don’t care what happens next. I’m moving to cash until things calm down.” “The market has done great this year. I knew I should have invested more.” Next steps? 29
Slide 30: How to remedy hindsight bias
How to remedy hindsight bias Remember that you did the best you could with the information you had Review your plan to make sure it still works for you Keep a long-term perspective Write a letter to yourself 30
Slide 31: One way to remedy hindsight bias
One way to remedy hindsight bias “ My financial professional and I have established a long-term plan. Sometime in the future, the market will correct to the point where I feel uncomfortable staying invested. I may feel scared and ask my advisor to get me out of the market. But I know that my plan is
Slide 32: Mistake 6: availability
Mistake 6: availability Cognitive bias People’s tendency to use information that’s on hand to make decisions • The prevalence of media coverage reinforces availability • Results in overestimating the probability of an event because it’s associated with a previous memory 32
Slide 33: Warning signs
Warning signs “I see people with iPads everywhere. Apple must be a good stock to own.” “This guy on TV says now is the time to buy gold. He must be right—he’s on TV!” Have you said something like this? 33
Slide 34: How to remedy availability
How to remedy availability Don’t believe everything you hear! Remember, bad news sells newspapers Experts (and your neighbors and friends) can be wrong Systematic investing works in up and down markets 34
Slide 35: Strategies to consider
Strategies to consider • Write down your plan and refer back to it • Establish what steps you will take in a crisis when you are not in a crisis • Start dollar cost averaging* • Expect that your portfolio will go down at times • Make appointments with your financial professional well in advance and
Slide 36: What have we learned?
What have we learned? We’re programmed to think intuitively When it comes to money, you should be thinking reflectively A new mindset is needed to overcome human nature It helps to have a plan and a person you can trust to help you implement your plan 36
Slide 37: Today, in “My brain made me do it,” we learned:
Today, in “My brain made me do it,” we learned: How we typically make decisions How our decision-making process contributes to common investment mistakes How to train our brains to avoid those mistakes Contact your financial professional today— don’t procrastinate! 37
Slide 38: Additional disclosure
Additional disclosure Government bonds are represented by the Bloomberg Barclays U.S. Government Bond Index, which tracks the performance of U.S. Treasury and government agency bonds. Municipal bonds are represented by the Bloomberg Barclays Municipal Bond Index, which tracks the performance of the
Slide 39: Additional disclosure
Additional disclosure Global REITs are represented by the FTSE NAREIT All REITs Index, a market-capitalization-weighted index that includes all tax-qualified real estate investment trusts (REITs). Emerging-market bonds are represented by the J.P. Morgan Emerging Markets Bond Index (EMBI) Global Inde
Slide 40: Additional disclosure
Additional disclosure Large cap is represented by the S&P 500 Index, which tracks the performance of 500 of the largest publicly traded companies in the United States. International is represented by the MSCI Europe, Australasia, and Far East (EAFE) Index, which tracks the performance of publicly tr
Slide 41: Promotion and marketing notice
This material was prepared to support the promotion and marketing of John Hancock products. John Hancock, its distributors, and their respective representatives do not provide tax, accounting, investment, or legal advice. Any tax statements contained herein were not intended or written to be used, a
Slide 42: Manulife John Hancock Investments
1) Manulife: | > Honcock, Investments
Manulife John Hancock Investments — Investor Presentation (2025) on 6ix