JLJHX

About JLJHX

John Hancock Funds II Multimanager 2045 Lifetime Portfolio Class R5 is a target-date mutual fund designed for investors aiming to retire around 2045. It uses a fund‑of‑funds approach, allocating across diversified underlying John Hancock strategies and external managers to pursue high total return before the target date and progressively emphasize income thereafter along a preset glide path. The portfolio blends global equities, fixed income, and cash, dynamically adjusting risk exposure as 2045 approaches to align with typical lifecycle investing objectives. Notable underlying exposures span large-cap U.S. growth and value, international developed and emerging markets equities, and core and intermediate fixed income, reflecting a broad, multimanager construction. The series’ methodology and allocations are benchmarked against target-date indices and peer groups within the Target-Date 2045 category, providing context for performance and risk over time. Class R5 shares feature institutionally oriented pricing with a net expense ratio commonly cited near the mid‑0.60% range, supporting use in retirement plans where automatic rebalancing and glide path discipline are central to participant outcomes.