The managers leading John Hancock Multimanager Lifestyle target-risk series have had a short combined tenure on the strategy and have made significant changes to the process that do not meaningfully reduce the series' complexity. They removed some quality strategies and kept funds that appear redundant or niche. The five funds in this series retain a Morningstar Analyst Rating of Neutral across all share classes.
Will JTLAX 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 JTLAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the JTLAX 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 JTLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.