The John Hancock Multi-Index Preservation series emphasizes preserving wealth rather than maximizing returns. The overt focus on downside protection results in a conservative equity glide path that isn't suitable for most retirement savers, supporting a renewed Morningstar Analyst Rating of Neutral for all its share classes.
JHancock Multi-Index Income Presv 1 JRFOX
NAV / 1-Day Return
11.61
/
0.34
%
Total Assets
738.7 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.380%
Expense Ratio
0.380%
Fee Level
Low
Longest Manager Tenure
7.80
years
Category
Target-Date Retirement
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Low / ModerateStatus
Open
TTM Yield
1.37%
Turnover
63%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will JRFOX 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 JRFOX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the JRFOX 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 JRFOX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A bond-heavy approach, even for investors playing defense.
