John Hancock Multimanager Lifetime target-date series features an overly complex structure, decreasing our confidence in the approach and prompting a downgrade of its Process rating to Below Average from Average.
JHancock Multimanager 2040 Lifetime R6 JLIIX
- NAV / 1-Day Return 9.81 / −0.10 %
- Total Assets 965.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.590%
- Distribution Fee Level Above Average
- Share Class Type Retirement, Large
- Category Target-Date 2040
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 2.23%
- Turnover 19%
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0
Morningstar’s Analysis JLIIX
Will JLIIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 62.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
JHancock U.S. Sector Rotation NAV | 15.40 | 145.6 Mil | — |
JHancock International Stra Eq Allc NAV | 11.65 | 110.1 Mil | — |
JHancock Equity Income NAV | 5.15 | 48.7 Mil | — |
JHancock Blue Chip Growth NAV | 4.86 | 46.0 Mil | — |
JHancock Emerging Markets Equity NAV | 4.82 | 45.6 Mil | — |
JHFunds2 Mid Value NAV | 4.68 | 44.2 Mil | — |
JHancock Bond NAV | 4.25 | 40.2 Mil | — |
JHancock Disciplined Value Intl NAV | 3.99 | 37.7 Mil | — |
JHancock Mid Cap Growth NAV | 3.80 | 35.9 Mil | — |
JHancock Disciplined Value NAV | 3.79 | 35.8 Mil | — |