JLIHX

About JLIHX

John Hancock Funds II Multimanager 2040 Lifetime Portfolio Class R5 is a target-date mutual fund designed for investors planning to retire around 2040. It pursues a high total return before the target date and emphasizes income thereafter, implementing a preset glide path that steadily shifts from a higher equity allocation toward fixed income as retirement approaches. The portfolio invests primarily in a diversified mix of underlying John Hancock and subadvised funds, drawing on multiple active managers across U.S. equities, international equities, and fixed income to balance growth potential with risk management. As part of the broader Multimanager Lifetime series, it is structured as a one-stop retirement allocation that adjusts over time and considers withdrawal needs in retirement, though principal and returns are not guaranteed at any point. The strategy’s benchmark awareness is reflected in references to a custom Lifetime Index and the S&P Target Date 2040 Index for context, while periodic commentaries highlight asset allocation and underlying manager contributions to performance across market cycles.