The John Hancock Variable Insurance Trust Mid Value Trust Series Nav (JAGWX) is a mutual fund that invests in mid-cap value stocks. It is part of the John Hancock Variable Insurance Trust, which offers a variety of investment options for insurance policyholders. This fund aims to provide long-term capital appreciation by investing in companies with strong fundamentals and undervalued stocks. It is a variable insurance trust, meaning it is designed for tax-deferred investment accounts such as variable annuities and variable life insurance policies. The "Nav" in the name stands for "net asset value," which is the price per share of the fund's assets. Overall, JAGWX offers investors the opportunity to diversify their portfolio and potentially earn higher returns through mid-cap value stocks.
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