John Hancock announced portfolio construction changes on several of its multi-asset offerings that will take place on or about April 8, 2022. The firm will liquidate the John Hancock Funds Strategic Equity Allocation strategy, which is not held directly by retail shareholders but is an underlying holding on its Multi-Index Lifestyle, Multimanager Lifetime, Multi-Index Lifetime, and Multi-Index Preservation portfolios, and reallocate the proceeds to four strategies that will mirror its positioning. As such, the series’ Morningstar Analyst Ratings remain unchanged.
JHancock Multi-Index 2015 Lifetime R6 JRLLX
NAV / 1-Day Return
10.24
/
0.00
Total Assets
67.2 Mil
Adj. Expense Ratio
0.370%
Expense Ratio
0.370%
Fee Level
Average
Longest Manager Tenure
8.77
years
Category
Target-Date 2015
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
2.56%
Turnover
58%
Morningstar’s Fund Analysis JRLLX
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Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JRLLX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the JRLLX 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 JRLLX’s parent organization’s priorities and whether they’re in line with investors’ interests.