About JLKNX
John Hancock Multimanager 2055 Lifetime Portfolio Class R2 is a target-date mutual fund designed to support investors planning to retire around the year 2055. Its primary function is to offer a diversified, professionally managed investment portfolio that gradually shifts its asset allocation from growth-oriented securities, such as equities, toward more income-focused and conservative investments as the target date approaches. The fund utilizes a multimanager strategy, blending a variety of underlying John Hancock funds to gain exposure across U.S. and international equities, emerging markets, and fixed income, aiming to balance risk and return throughout an investor’s career and into retirement.
This portfolio is part of a broader target-date series, commonly used within defined contribution retirement plans. With a current expense ratio of 0.50%, the fund’s holdings are concentrated in large blend equities, though it maintains diversification through significant allocations to sector rotation, international strategies, and value- and growth-oriented sub-funds. The portfolio’s top holdings reflect this balanced approach, seeking to capture capital appreciation early in the lifecycle and increase income generation closer to the retirement date. John Hancock Multimanager 2055 Lifetime Portfolio Class R2 plays a significant role in helping investors automate and simplify long-term retirement investing through a single, age-appropriate solution.
Fund Family John Hancock
Category Target-Date 2055
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol JLKNX
Share Class Class R2
Index S&P Target Date 2055 TR
JLKNX had a total return of 14.51% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.95%.
