The John Hancock Government Money Market Fund is a government money market mutual fund designed to provide investors with maximum current income while maintaining stability of principal and high liquidity. The fund primarily invests at least 99.5% of its total assets in cash, U.S. government securities, and repurchase agreements that are fully collateralized by U.S. government securities or cash, in alignment with Rule 2a-7 under the Investment Company Act of 1940. Its portfolio consists of high-quality, short-term, U.S. dollar-denominated instruments such as Treasury bills, notes, and obligations issued or guaranteed by government agencies and government-sponsored entities. The fund seeks to maintain a stable net asset value (NAV) of $1.00 per share and only invests in securities with maturities of 397 days or less. It plays a significant role in the financial markets as a short-term investment vehicle offering daily liquidity and preservation of capital, making it a preferred choice for parking cash or managing short-term funding needs for individuals, institutions, and retirement plans.
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