About JLKTX
John Hancock Multimanager 2055 Lifetime Portfolio Class R6 is a target-date mutual fund designed primarily for investors planning to retire around the year 2055. The fund’s main objective is to achieve high total return through a diversified investment approach, with an emphasis on capital growth during the years leading up to retirement and gradually shifting toward income-generating assets as the retirement date approaches. It accomplishes this by following a predetermined glide path, adjusting the allocation among U.S. and international equities, mid- and small-cap stocks, bonds, and other asset classes based on the investor’s time horizon and risk tolerance.
This portfolio uses a multimanager strategy, combining selections from several asset managers to tap into a broad range of investment styles and expertise. Notable characteristics include a significant allocation to large-cap equity and international equities, with exposure also to emerging markets, mid-cap and small-cap stocks, and fixed income assets. The fund is structured to help mitigate longevity risk, aiming to provide a balanced transition as investors approach and enter retirement. Its role in the financial market is to offer a professionally managed, all-in-one investment solution for retirement savers, promoting diversification and automatic risk adjustment over time.
Fund Family John Hancock
Category Target-Date 2055
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol JLKTX
Share Class Class R6
Index S&P Target Date 2055 TR
JLKTX had a total return of 18.45% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.61%.
