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 JULAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JULAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the JULAX 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 JULAX’s parent organization’s priorities and whether they’re in line with investors’ interests.