Target-date funds from John Hancock Investment Management
When it comes to addressing the unprecedented challenges faced by today’s retirement savers, we believe a one-size-fits-all approach to your plan’s most important investment option just isn’t enough. Discover why our three series of target-date funds offer more ways for retirement savers to meet their goals.
Ranked #1 by top DC plan advisors for open architecture¹
John Hancock Multimanager Lifetime Portfolios
John Hancock Multi-Index Lifetime Portfolios
John Hancock Multi-Index Preservation Portfolios
Ranked #1 by top DC plan advisors for open architecture¹
John Hancock Multimanager Lifetime Portfolios
John Hancock Multi-Index Lifetime Portfolios
John Hancock Multi-Index Preservation Portfolios
Multiple glide paths
More than 75% of plan sponsors evaluated the glide path suitability of existing target-date for their participants among those who took target-date fund action with their plan.² That’s why we offer two.
Lifetime
- Designed to address longevity risk
- Equity allocation begins at 95%
- Reduced to 50% at retirement date; stabilizes at 25% 20 years into retirement
- Uses a choice of actively managed or passive underlying investments
Preservation
- Designed to address retirement “readiness zone” risk
- Equity allocation begins at 82%
- Stabilizes at 8% at retirement
- Uses ETFs and a low-cost asset allocation strategy to minimize the impact of expenses on portfolio returns
Lifetime
- Designed to address longevity risk
- Equity allocation begins at 95%
- Reduced to 50% at retirement date; stabilizes at 25% in retirement
- Uses actively managed underlying investments
- Designed to support 4% in annualized withdrawals over a multidecade retirement horizon.3
Preservation
- Designed to address retirement “readiness zone” risk
- Equity allocation begins at 82%
- Stabilizes at 8% at retirement
- Uses ETFs and a low-cost asset allocation strategy to minimize the impact of expenses on portfolio returns
Open architecture
More than 55% of all plans and nearly 70% of small plans still offer partially or fully bundled target-date structures run by their recordkeepers.³ Our target-date funds were rated #1 by top DC plan advisors for open architecture.¹
Oversight
Monitoring each portfolio team for the repeatability of its investment process and management of risk
Multiple asset classes
Both within and beyond traditional equity and fixed income
Multiple styles
Continual exposure to a variety of strategies, as different characteristics go in and out of favor
Multiple managers
A diversity of approaches from some of the world’s best managers
Over 20 specialized teams
Morningstar percentile rankings⁵
Seeking to protect in down markets with our preservation portfolios⁵
Explore our target-date funds
When it comes to addressing challenges faced by today’s retirement savers, we believe a one-size-fits-all approach to target-date funds isn't enough. That’s why our three distinct target-date fund suites empower plan fiduciaries to choose the one that serves their participants best.
Multimanager Lifetime Portfolios
Our Multimanager Lifetime Portfolios are one-stop retirement investments, emphasizing allocations to active asset class specialists
John Hancock Multimanager 2060 Lifetime Portfolio John Hancock Multimanager 2055 Lifetime Portfolio John Hancock Multimanager 2050 Lifetime Portfolio John Hancock Multimanager 2045 Lifetime Portfolio John Hancock Multimanager 2040 Lifetime Portfolio John Hancock Multimanager 2035 Lifetime Portfolio John Hancock Multimanager 2030 Lifetime Portfolio John Hancock Multimanager 2025 Lifetime Portfolio John Hancock Multimanager 2020 Lifetime Portfolio John Hancock Multimanager 2015 Lifetime Portfolio John Hancock Multimanager 2010 Lifetime PortfolioMulti-Index Preservation Portfolios
Our Multi-Index Preservation Portfolios are one-stop retirement investments, with a focus on low-cost implementation and preservation of capital when you need it most
John Hancock Multi-Index 2060 Preservation Portfolio John Hancock Multi-Index 2055 Preservation Portfolio John Hancock Multi-Index 2050 Preservation Portfolio John Hancock Multi-Index 2045 Preservation Portfolio John Hancock Multi-Index 2040 Preservation Portfolio John Hancock Multi-Index 2035 Preservation Portfolio John Hancock Multi-Index 2030 Preservation Portfolio John Hancock Multi-Index 2025 Preservation Portfolio John Hancock Multi-Index 2020 Preservation Portfolio John Hancock Multi-Index Income Preservation PortfolioMulti-Index Lifetime Portfolios
Our Multi-Index Lifetime Portfolios are one-stop retirement investments, with a focus on low-cost implementation
John Hancock Multi-Index 2060 Lifetime Portfolio John Hancock Multi-Index 2055 Lifetime Portfolio John Hancock Multi-Index 2050 Lifetime Portfolio John Hancock Multi-Index 2045 Lifetime Portfolio John Hancock Multi-Index 2040 Lifetime Portfolio John Hancock Multi-Index 2035 Lifetime Portfolio John Hancock Multi-Index 2030 Lifetime Portfolio John Hancock Multi-Index 2025 Lifetime Portfolio John Hancock Multi-Index 2020 Lifetime Portfolio John Hancock Multi-Index 2015 Lifetime Portfolio John Hancock Multi-Index 2010 Lifetime PortfolioExpenses to fit your plan’s budget
Despite expenses coming down in recent years, the average net expense ratio for target-date funds is 73 basis points. Our expenses are below average for both our actively and passively implemented target-date funds.6
Total expense ratios
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.
© 2020 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
- The #1 ranking is for John Hancock Multimanager Lifetime Portfolios and is based on a survey of 249 advisors conducted by Market Strategies International in February 2019.
- “2020 Defined Contribution Trends,” Callan Institute Survey, 2020.
- 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.
- “2020 Defined Contribution Trends,” Callan Institute Survey, 2020.
- Ranked by Morningstar as of 6/30/20 out of 683 and 1,413 target-date funds, respectively. The Multimanager Lifetime Portfolios 20 out of 90, 26 out of 103, 18 out of 91, 15 out of 103, 11 out of 94, 20 out of 95, 19 out of 48, and 19 out of 59 for the 10-year period. The Multi-Index Lifetime Portfolios ranked 36 out of 153, 33 out of 164, 38 out of 156, 24 out of 164, 23 out of 156, 21 out of 164, 20 out of 159, 19 out of 149, 19 out of 72, and 14 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.
- Based on the period from inception to 6/30/20. 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.
- Morningstar, 2020. This is the average total expense ratio of all open-end target-date funds that are tracked by Morningstar.
MF1180792