John Hancock announced portfolio construction changes on several of its multi-asset offerings that will take place on or about April 8, 2022. The firm will liquidate the John Hancock Funds Strategic Equity Allocation strategy, which is not held directly by retail shareholders but is an underlying holding on its Multi-Index Lifestyle, Multimanager Lifetime, Multi-Index Lifetime, and Multi-Index Preservation portfolios, and reallocate the proceeds to four strategies that will mirror its positioning. As such, the series’ Morningstar Analyst Ratings remain unchanged.
Will JRLLX outperform in future?
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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JRLLX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the JRLLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of JRLLX’s parent organization’s priorities and whether they’re in line with investors’ interests.