Target-date funds from John Hancock Investment Management

Diversification does not guarantee a profit or eliminate the risk of a loss.

Portfolio performance depends on the advisor’s skill in determining asset class allocations, the mix of underlying funds, and the performance of those underlying funds. The underlying funds’ performance may be lower than the performance of the asset class that they were selected to represent. The portfolio is subject to the same risks as the underlying funds and ETFs in which it invests: Stocks and bonds can decline due to adverse issuer, market, regulatory, or economic developments; foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability; the securities of small companies are subject to higher volatility than those of larger, more established companies; and high-yield bonds are subject to additional risks, such as increased risk of default. Owning an ETF generally reflects the risks of owning the underlying securities it is designed to track, which may cause lack of liquidity, more volatility, and increased management fees. Hedging and other strategic transactions may increase volatility of a portfolio and could result in a significant loss. Each portfolio's name refers to the approximate retirement year of the investors for whom the portfolio's asset allocation strategy is designed. The portfolios with dates further off initially allocate more aggressively to stock funds. As a portfolio approaches or passes its target date, the allocation will gradually migrate to more conservative, fixed-income funds. The principal value of each portfolio is not guaranteed and you could lose money at any time, including at, or after, the target date. Liquidity—the extent to which a security may be sold or a derivative position closed without negatively affecting its market value, if at all—may be impaired by reduced trading volume, heightened volatility, rising interest rates, and other market conditions. Please see the portfolios' prospectuses for additional risks.

1. “Opportunities in Target Date Funds,” Ignites Retirement Research, March 2016, which is the last time this survey was conducted. The #1 ranking is for John Hancock Multimanager Lifetime Portfolios and is based on a survey of 225 DC plan advisors.
2. “2017 Defined Contribution Trends,” Callan Institute Survey, 2017.
3. Based on analysis conducted by Manulife Investment Management as of 9/30/16, which relies on simulations and expectations of future outcomes and is subject to numerous limitations and biases, including subjectivity. Actual results may differ significantly from those intended.
4. “As plan sponsors realize a redesign is needed, target date funds get a second look,” SEI, July 2016.
5. Morningstar, as of 9/30/19. The placement of a particular fund in a ranking, with 1 being the highest percentile and 100 the lowest for a specific time period. Ranked by Morningstar as of 9/30/19 out of 632 and 1,337 target-date funds, respectively. The Multimanager Lifetime Portfolios ranked 22 out of 77, 28 out of 95, 23 out of 78, 21 out of 95, 13 out of 81, 16 out of 99, 14 out of 47, and 9 out of 60 for the 10-year period. The Multi-Index Lifetime Portfolios ranked 33 out of 138,  29 out of 154,  29 out of 144, 21 out of 154, 24 out of 144, 21 out of 154, 11 out of 147, 13 out of 158, 10 out of 68, and 6 out of 76 for the 5-year period. Rankings are based on total return and do not account for sales charges. The fund's absolute peer ranking may not be available for all time periods. Morningstar does not calculate an absolute peer ranking when a fund's performance has been linked to a preexisting share class. Past performance does not guarantee future results.
6. Based on the period from inception to 9/30/19. Upside capture ratio measures a manager’s performance in up markets relative to the market itself. Downside capture ratio measures a manager’s performance in down markets relative to the market itself.
7. Morningstar, 2019. This is the average total expense ratio of all open-end target-date funds that are tracked by Morningstar.

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