About JLAOX
John Hancock Funds II Multimanager 2010 Lifetime Portfolio is a target date mutual fund primarily designed for investors approaching or in retirement around the year 2010. The fund employs a diversified, multimanager approach by allocating its assets among a variety of underlying funds, which include both U.S. and international equities, as well as various fixed income securities. Over time, its asset allocation strategy becomes increasingly conservative, gradually shifting from a focus on capital growth to income generation to match the evolving risk tolerance and income needs of retirees.
Notable features of this portfolio are its broad exposure to multiple asset classes, including significant allocations to U.S. bonds, domestic and international equities, and alternative income strategies. Managed by a team of experienced professionals, the fund leverages the expertise of various underlying managers to balance growth potential with risk management. With over 40 holdings and the majority of its assets in U.S. securities, it plays a role in providing diversification, stability, and ongoing income within retirement portfolios. This structure supports retirees seeking systematic asset allocation adjustments without the need for hands-on rebalancing.
Fund Family John Hancock
Category Target-Date 2000-2010
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol JLAOX
Share Class Class 1
Index S&P Target Date 2010 TR
JLAOX had a total return of 7.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.59%.
