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Morningstar

JHancock Multimanager 2045 Lifetime A JLJAX

Morningstar Medalist Rating
Medalist Rating as of | See John Hancock Investment Hub
  • NAV / 1-Day Return 8.71  /  0.11 %
  • Total Assets 826.7 Mil
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Target-Date 2045
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 0.89%
  • Turnover 47%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:17 PM GMT+0

Morningstar’s Analysis JLJAX

Will JLJAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JLJAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the JLJAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of JLJAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A pricey and complex target-date offering.

Analyst Stephen Margaria

Stephen Margaria

Analyst

Summary

John Hancock Multimanager Lifetime target-date series’ complex approach and above average fees make it less appealing for retirement savers. The series maintains its Morningstar Analyst Rating of Neutral across all share classes.

by Stephen Margaria
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings JLJAX

More JLJAX Holdings
  • Current Portfolio Date
  • Equity Holdings 4
  • Bond Holdings 4
  • Other Holdings 33
  • % Assets in Top 10 Holdings 68.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JHancock U.S. Sector Rotation NAV

15.06
134,235,837
—

JHancock International Stra Eq Allc NAV

12.76
113,656,264
—

JHancock Emerging Markets Equity NAV

6.44
57,371,986
—

JHancock Equity Income NAV

6.30
56,170,746
—

JHFunds2 Mid Value NAV

5.63
50,169,023
—

JHancock Blue Chip Growth NAV

5.04
44,902,312
—

JHancock Disciplined Value NAV

4.53
40,345,802
—

JHancock Disciplined Value Intl NAV

4.45
39,690,594
—

JHancock Mid Cap Growth NAV

4.35
38,745,012
—

JHancock Fundamental Large Cap Core NAV

3.67
32,686,072
—