About JLEOX
John Hancock Funds II Multimanager 2025 Lifetime Portfolio Class 1 is a target-date mutual fund designed for investors planning to retire around the year 2025. Its primary function is to provide an optimal blend of growth and income by diversifying assets across various underlying funds. As the fund approaches its target date, its managers gradually shift the allocation toward more conservative investments, increasing the focus on income generation while reducing exposure to riskier assets, aligning with a typical retiree’s needs.
The portfolio is broadly diversified across asset classes and regions, holding U.S. stocks, international equities, U.S. and non-U.S. bonds, along with allocations to cash, preferred securities, and convertible instruments. Notably, the majority of its assets are concentrated in its top ten underlying holdings, which include U.S. sector rotation, core bond, and real assets strategies. With about 49 holdings and a multi-manager structure, the portfolio leverages expertise from several investment teams to balance risk and return. This fund plays a significant role in retirement planning by automatically adjusting its investment mix over time to align with the evolving risk profile of investors nearing retirement.
Fund Family John Hancock
Category Target-Date 2025
Performance Rating Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol JLEOX
Share Class Class 1
Index S&P Target Date 2025 TR
JLEOX had a total return of 2.83% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.75%.
