About JROUX
John Hancock Funds II Multimanager 2060 Lifetime Portfolio Class R4 is a target-date mutual fund designed for investors planning to retire around 2060. It seeks high total return through its target retirement date, shifting to a greater focus on income thereafter, by investing primarily in a mix of underlying funds according to a dynamic asset allocation strategy. The portfolio starts with a higher allocation to equities for growth potential and gradually becomes more conservative, increasing fixed income exposure and reducing stocks as it approaches and passes the target date, reaching its most conservative mix about 20 years post-retirement with roughly 75% fixed income and 25% equity. This glide path supports ongoing contributions pre-retirement and potential withdrawals afterward, aiming to balance growth and income opportunities throughout retirement years. Managed through a multimanager approach, it selects asset classes, optimizes weightings, chooses managers via statistical processes, and monitors economic conditions for adjustments. The fund provides a one-stop retirement investment solution, incorporating U.S. and international stocks, bonds, and other securities across sectors like financial services, consumer cyclical, and healthcare.
Fund Family John Hancock
Category Target-Date 2060+
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol JROUX
Share Class Class R4
Index S&P Target Date 2060 TR USD
JROUX had a total return of 18.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.89%.
