The John Hancock Multimanager Lifestyle target-risk series taps into well-resourced teams and quality underlying subadvisors, but a complex process limits its appeal. The series earns a Morningstar Analyst Rating of Neutral across all share classes.
Will JCLAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JCLAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the JCLAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of JCLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.