About JLKZX
John Hancock Multimanager 2055 Lifetime Portfolio Class 1 is a target-date mutual fund designed to help investors accumulate and manage assets for retirement, with a projected retirement year of 2055. The fund employs a multimanager, open-architecture approach, tapping into a broad range of investment expertise both within and outside of John Hancock. Its core purpose is to deliver high total returns through diversifying across a wide spectrum of asset classes—including equities, fixed income, and alternative investments—while dynamically adjusting allocations as the target date approaches.
The portfolio's asset allocation strategy follows a 'glide path,' meaning it starts with a higher allocation to growth-oriented assets, such as stocks, and gradually shifts toward more conservative, income-focused investments, like bonds, as 2055 nears. This design aims to maximize wealth accumulation during the early years and prioritize capital preservation and income generation closer to—and beyond—retirement. The fund offers diversification potential not only across traditional asset classes, but also through nontraditional and alternative strategies. Managed by a team of experienced professionals, the portfolio is a solution for individuals seeking a simplified, comprehensive retirement investment option that evolves over time to address longevity and market risk.
Fund Family John Hancock
Category Target-Date 2055
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol JLKZX
Share Class Class 1
Index S&P Target Date 2055 TR
JLKZX had a total return of 13.71% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.61%.
