A |
I |
R2 |
R4 |
R5 |
R6 | |
Multimanager
2065 Lifetime Portfolio |
JAAWX |
JABSX |
JAAZX |
JABBX |
JABDX |
JABEX |
Multimanager
2060 Lifetime Portfolio |
JJERX |
JMENX |
JVIMX |
JROUX |
JGHTX |
JESRX |
Multimanager
2055 Lifetime Portfolio |
JLKLX |
JHRTX |
JLKNX |
JLKQX |
JLKSX |
JLKTX |
Multimanager
2050 Lifetime Portfolio |
JLKAX |
JHRPX |
JLKEX |
JLKGX |
JLKHX |
JLKRX |
Multimanager
2045 Lifetime Portfolio |
JLJAX |
JHROX |
JLJEX |
JLJGX |
JLJHX |
JLJIX |
Multimanager
2040 Lifetime Portfolio |
JLIAX |
JHRDX |
JLIEX |
JLIGX |
JLIHX |
JLIIX |
Multimanager
2035 Lifetime Portfolio |
JLHAX |
JHRMX |
JLHEX |
JLHGX |
JLHHX |
JLHIX |
Multimanager
2030 Lifetime Portfolio |
JLFAX |
JHRGX |
JLFEX |
JLFGX |
JLFHX |
JLFIX |
Multimanager
2025 Lifetime Portfolio |
JLEAX |
JHRNX |
JLEEX |
JLEGX |
JLEHX |
JLEIX |
Multimanager
2020 Lifetime Portfolio |
JLDAX |
JHRVX |
JLDEX |
JLDGX |
JLDHX |
JLDIX |
Multimanager
2015 Lifetime Portfolio |
JLBAX |
JHREX |
JLBKX |
JLBGX |
JLBHX |
JLBJX |
Multimanager
2010 Lifetime Portfolio |
JLAAX |
JHRLX |
JLAEX |
JLAGX |
JLAHX |
JLAIX |
Fund
summary | ||
The
summary section is a concise look at the investment objective,
fees and expenses, principal investment strategies,
principal risks, past performance, and investment
management. |
||
Fund
details | ||
More
about topics covered in the summary section, including
descriptions of the investment strategies and various
risk factors that investors should understand before
investing. |
||
Your
account | ||
How
to place an order to buy, sell, or exchange shares, as
well as information about the business policies and any
distributions that may be paid. For more information See back cover |
||
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
1
|
1
|
1
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses2
|
|
|
|
|
|
|
Total
annual fund operating expenses3
|
|
|
|
|
|
|
Contractual
expense reimbursement4
|
-
|
-
|
-
|
-
5
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | ”Service plan fee” has been restated to reflect maximum allowable fees. |
2 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
3 |
4 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.58% of the fund’s average daily net
assets. This agreement expires on |
5 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2020 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2020 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
1
|
1
|
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses2
|
|
|
|
|
|
|
Total
annual fund operating expenses3
|
|
|
|
|
|
|
Contractual
expense reimbursement4
|
-
|
-
|
-
|
-
5
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | “Service plan fee” has been restated to reflect maximum allowable fees. |
2 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
3 |
4 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.58% of the fund’s average daily net
assets. This agreement expires on |
5 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
Since
inception
(03/30/16) |
Class
A (before
tax) |
|
|
after
tax on distributions |
|
|
after
tax on distributions, with sale |
|
|
Class
I |
|
|
Class
R2 |
|
|
Class
R4 |
|
|
Class
R5 |
|
|
Class
R6 |
|
|
S&P
Target Date 2060+ Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
John
Hancock 2060 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2018 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2016 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
|
1
|
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses2
|
|
|
|
|
|
|
Total
annual fund operating expenses3
|
|
|
|
|
|
|
Contractual
expense reimbursement4
|
-
|
-
|
-
|
-
5
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | “Service plan fee” has been restated to reflect maximum allowable fees. |
2 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
3 |
4 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.59% of the fund’s average daily net
assets. This agreement expires on |
5 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
Since
inception
(03/26/14) |
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2055 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2055 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA
Managing Director and Portfolio Manager, Asset Allocation Team Managed
the fund since 2018 |
Nathan
W. Thooft, CFA
Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed
the fund since 2014 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
|
|
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses1
|
|
|
|
|
|
|
Total
annual fund operating expenses2
|
|
|
|
|
|
|
Contractual
expense reimbursement3
|
-
|
-
|
-
|
-
4
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
2 |
3 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.60% of the fund’s average daily net
assets. This agreement expires on |
4 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
Since
inception
(04/29/11) |
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2050 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2050 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA
Managing Director and Portfolio Manager, Asset Allocation Team Managed
the fund since 2018 |
Nathan
W. Thooft, CFA
Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed
the fund since 2013 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
|
|
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses1
|
|
|
|
|
|
|
Total
annual fund operating expenses2
|
|
|
|
|
|
|
Contractual
expense reimbursement3
|
-
|
-
|
-
|
-
4
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
2 |
3 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.58% of the fund’s average daily net
assets. This agreement expires on |
4 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
10 year
|
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2045 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2045 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2018 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2013 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
|
|
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses1
|
|
|
|
|
|
|
Total
annual fund operating expenses2
|
|
|
|
|
|
|
Contractual
expense reimbursement3
|
-
|
-
|
-
|
-
4
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
2 |
3 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.58% of the fund’s average daily net
assets. This agreement expires on |
4 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
10 year
|
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2040 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2040 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2018 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2013 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
|
1
|
|
|
Additional
other expenses |
|
|
2
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses3
|
|
|
|
|
|
|
Total
annual fund operating expenses4
|
|
|
|
|
|
|
Contractual
expense reimbursement5
|
-
|
-
|
-
|
-
6
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | “Service plan fee” has been restated to reflect maximum allowable fees. |
2 |
3 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
4 |
5 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.59% of the fund’s average daily net
assets. This agreement expires on |
6 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
10 year
|
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2035 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2035 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2018 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2013 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
|
|
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses1
|
|
|
|
|
|
|
Total
annual fund operating expenses2
|
|
|
|
|
|
|
Contractual
expense reimbursement3
|
-
|
-
|
-
|
-
4
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
2 |
3 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.57% of the fund’s average daily net
assets. This agreement expires on |
4 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
10 year
|
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2030 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2030 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2018 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2013 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
1
|
1
|
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses2
|
|
|
|
|
|
|
Total
annual fund operating expenses3
|
|
|
|
|
|
|
Contractual
expense reimbursement4
|
-
|
-
|
-
|
-
5
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | “Service plan fee” has been restated to reflect maximum allowable fees. |
2 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
3 |
4 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.56% of the fund’s average daily net
assets. This agreement expires on |
5 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
10 year
|
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2025 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2025 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2018 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2013 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
1
|
1
|
1
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses2
|
|
|
|
|
|
|
Total
annual fund operating expenses3
|
|
|
|
|
|
|
Contractual
expense reimbursement4
|
-
|
-
|
-
|
-
5
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | ”Service plan fee” has been restated to reflect maximum allowable fees. |
2 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
3 |
4 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.54% of the fund’s average daily net
assets. This agreement expires on |
5 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
10 year
|
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2020 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2020 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2018 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2013 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
1
|
1
|
|
|
Additional
other expenses |
|
|
|
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses2
|
|
|
|
|
|
|
Total
annual fund operating expenses3
|
|
|
|
|
|
|
Contractual
expense reimbursement4
|
-
|
-
|
-
|
-
5
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | ”Service plan fee” has been restated to reflect maximum allowable fees. |
2 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
3 |
4 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.52% of the fund’s average daily net
assets. This agreement expires on |
5 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
10 year
|
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2015 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2015 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2018 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2013 |
|
A |
I |
R2 |
R4 |
R5 |
R6 |
Maximum
front-end sales charge (load) on purchases, as a % of purchase
price |
|
|
|
|
|
|
Maximum
deferred sales charge (load) as a % of purchase or sale price,
whichever
is less |
(on certain purchases, including those of $1 million or more) |
|
|
|
|
|
Small
account fee (for fund account balances under $1,000) ($) |
|
|
|
|
|
|
|
A
|
I
|
R2
|
R4
|
R5
|
R6
|
Management
fee |
|
|
|
|
|
|
Distribution
and service (Rule 12b-1) fees |
|
|
|
|
|
|
Other
expenses |
|
|
|
|
|
|
Service
plan fee |
|
|
1
|
|
1
|
|
Additional
other expenses |
|
|
|
2
|
|
|
Total
other expenses |
|
|
|
|
|
|
Acquired
fund fees and expenses3
|
|
|
|
|
|
|
Total
annual fund operating expenses4
|
|
|
|
|
|
|
Contractual
expense reimbursement5
|
-
|
-
|
-
|
-
6
|
-
|
-
|
Total
annual fund operating expenses after expense
reimbursements |
|
|
|
|
|
|
1 | “Service plan fee” has been restated to reflect maximum allowable fees. |
2 |
3 | “Acquired fund fees and expenses” are based on indirect net expenses associated with the fund’s investments in underlying investment companies. |
4 |
5 | The
advisor contractually agrees to reduce its management fee or, if
necessary, make payment to the fund in an amount equal to the amount by
which certain expenses,
including acquired fund fees, exceed 0.50% of the fund’s average daily net
assets. This agreement expires on |
6 | The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on December 31, 2022 unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time. |
Expenses
($) |
A |
I |
R2 |
R4 |
R5 |
R6 |
1
year |
|
|
|
|
|
|
3
years |
|
|
|
|
|
|
5
years |
|
|
|
|
|
|
10
years |
|
|
|
|
|
|
|
1 year
|
5 year
|
10 year
|
Class
A (before
tax) |
|
|
|
after
tax on distributions |
|
|
|
after
tax on distributions, with sale |
|
|
|
Class
I |
|
|
|
Class
R2 |
|
|
|
Class
R4 |
|
|
|
Class
R5 |
|
|
|
Class
R6 |
|
|
|
S&P
Target Date 2010 Index (reflects no deduction for fees, expenses, or
taxes) |
|
|
|
John
Hancock 2010 Lifetime Index (reflects no deduction for fees, expenses, or
taxes)* |
|
|
|
* | Each of the John Hancock Lifetime Indices is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg U.S. Aggregate Bond Index, Bloomberg U.S. Corporate Bond 1-5 Year Index, Bloomberg U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index. Component index weightings are adjusted semi-annually to reflect changes in the fund’s target asset allocation in accordance with the annual roll-down of the fund’s glide path. |
Robert
E. Sykes, CFA Managing Director and Portfolio Manager, Asset Allocation Team Managed the fund since 2018 |
Nathan
W. Thooft, CFA Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation Managed the fund since 2013 |
• | purchase U.S. government securities and short-term paper; |
• | purchase shares of other registered open-end investment companies (and registered unit investment trusts) within the same “group of investment companies” as that term is defined in Section 12 of the Investment Company Act of 1940, as amended; |
• | purchase shares of other registered open-end investment companies (and registered unit investment trusts) where the advisor is not the same as, or affiliated with, the advisor to the fund, including ETFs; |
• | purchase ETNs; |
• | invest in domestic and foreign equity securities, which may include common and preferred stocks of large-, mid-, and small-capitalization companies in both developed (including the United States) and emerging markets; |
• | invest in domestic and foreign fixed-income securities, which may include debt securities of governments throughout the world (including the United States), their agencies and instrumentalities, debt securities of corporations and supranationals, inflation-protected securities, convertible bonds, mortgage-backed securities, asset-backed securities, and collateralized debt securities. Investments in fixed-income securities may include securities of issuers in both developed markets (including the United States) and emerging markets, and may include fixed-income securities rated below investment grade; |
• | purchase securities of registered closed-end investment companies that are part of the same “group of investment companies” as that term is defined in Section 12 of the Investment Company Act of 1940, as amended; |
• | invest up to 15% of its net assets in illiquid securities of entities such as limited partnerships and other pooled investment vehicles, such as hedge funds; |
• | make short sales of securities (borrow and sell securities not owned by the fund), either to realize appreciation when a security that the fund does not own declines in value or as a hedge against potential declines in the value of a fund security; and |
• | invest in qualified publicly traded partnerships and other publicly traded partnerships that, at the time of investment, the advisor believes will primarily generate only good income for purposes of qualifying as a regulated investment company under the Internal Revenue Code of 1986, as amended, including such publicly traded partnerships that invest principally in commodities or commodity-linked derivatives (with the prior approval of the advisor’s Complex Securities Committee). |
Credit default swaps. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), interest-rate risk, risk of default of the underlying reference obligation, and risk of disproportionate loss are the principal risks of engaging in transactions involving credit default swaps. |
Foreign currency forward contracts. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), foreign currency risk, and risk of disproportionate loss are the principal risks of engaging in transactions involving foreign currency forward contracts. |
Futures contracts. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), and risk of disproportionate loss are the principal risks of engaging in transactions involving futures contracts. |
Interest-rate swaps. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), interest-rate risk, and risk of disproportionate loss are the principal risks of engaging in transactions involving interest-rate swaps. |
Options. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), and risk of disproportionate loss are the principal risks of engaging in transactions involving options. Counterparty risk does not apply to exchange-traded options. |
Growth investment style risk. Certain equity securities (generally referred to as growth securities) are purchased primarily because a manager believes that these securities will experience relatively rapid earnings growth. Growth securities typically trade at higher multiples of current earnings than other securities. Growth securities are often more sensitive to market fluctuations than other securities because their market prices are highly sensitive to future earnings expectations. At times when it appears that these expectations may not be met, growth stock prices typically fall. |
Value investment style risk. Certain equity securities (generally referred to as value securities) are purchased primarily because they are selling at prices below what the manager believes to be their fundamental value and not necessarily because the issuing companies are expected to experience significant earnings growth. The fund bears the risk that the companies that issued these securities may not overcome the adverse business developments or other factors causing their securities to be perceived by the manager to be underpriced or that the market may never come to recognize |
their fundamental value. A value security may not increase in price, as anticipated by the manager investing in such securities, if other investors fail to recognize the company’s value and bid up the price or invest in markets favoring faster growing companies. The fund’s strategy of investing in value securities also carries the risk that in certain markets, value securities will underperform growth securities. In addition, securities issued by U.S. entities with substantial foreign operations may involve risks relating to economic, political or regulatory conditions in foreign countries. |
Interest-rate risk. Fixed-income securities are affected by changes in interest rates. When interest rates decline, the market value of fixed-income securities generally can be expected to rise. Conversely, when interest rates rise, the market value of fixed-income securities generally can be expected to decline. The longer the duration or maturity of a fixed-income security, the more |
susceptible it is to interest-rate risk. Recent and potential future changes in government monetary policy may affect the level of interest rates. |
The fixed-income securities market has been and may continue to be negatively affected by the novel coronavirus (COVID-19) pandemic. As with other serious economic disruptions, governmental authorities and regulators are responding to this crisis with significant fiscal and monetary policy changes, including considerably lowering interest rates, which, in some cases could result in negative interest rates. These actions, including their possible unexpected or sudden reversal or potential ineffectiveness, could further increase volatility in securities and other financial markets and reduce market liquidity. To the extent the fund has a bank deposit or holds a debt instrument with a negative interest rate to maturity, the fund would generate a negative return on that investment. Similarly, negative rates on investments by money market funds and similar cash management products could lead to losses on investments, including on investments of the fund’s uninvested cash. |
Credit quality risk. Fixed-income securities are subject to the risk that the issuer of the security will not repay all or a portion of the principal borrowed and will not make all interest payments. If the credit quality of a fixed-income security deteriorates after a fund has purchased the security, the market value of the security may decrease and lead to a decrease in the value of the fund’s investments. An issuer’s credit quality could deteriorate as a result of poor management decisions, competitive pressures, technological obsolescence, undue reliance on suppliers, labor issues, shortages, corporate restructurings, fraudulent disclosures, or other factors. Funds that may invest in lower-rated fixed-income securities, commonly referred to as junk securities, are riskier than funds that may invest in higher-rated fixed-income securities. |
Investment-grade fixed-income securities in the lowest rating category risk. Investment-grade fixed-income securities in the lowest rating category (such as Baa by Moody’s Investors Service, Inc. or BBB by S&P Global Ratings or Fitch Ratings, as applicable, and comparable unrated securities) involve a higher degree of risk than fixed-income securities in the higher rating categories. While such securities are considered investment-grade quality and are deemed to have adequate capacity for payment of principal and interest, such securities lack outstanding investment characteristics and have speculative characteristics as well. For example, changes in economic conditions or other circumstances are more likely to lead to a weakened capacity to make principal and interest payments than is the case with higher-grade securities. |
Prepayment of principal risk. Many types of debt securities, including floating-rate loans, are subject to prepayment risk. Prepayment risk is the risk that, when interest rates fall, certain types of obligations will be paid off by the borrower more quickly than originally anticipated and the fund may have to invest the proceeds in securities with lower yields. Securities subject to prepayment risk can offer less potential for gains when the credit quality of the issuer improves. |
Emerging-market risk. Investments in the securities of issuers based in countries with emerging-market economies are subject to greater levels of risk and uncertainty than investments in more-developed foreign markets, since emerging-market securities may present market, credit, currency, liquidity, legal, political, and other risks greater than, or in addition to, the risks of investing in developed foreign countries. These risks include high currency exchange-rate fluctuations; increased risk of default (including both government and private issuers); greater social, economic, and political uncertainty and instability (including the risk of war); more substantial governmental involvement in the economy; less governmental supervision and regulation of the securities markets and participants in those markets; controls on foreign investment and limitations on repatriation of invested capital and on a fund’s ability to exchange local currencies for U.S. dollars; unavailability of currency hedging techniques in certain emerging-market countries; the fact that companies in emerging-market countries may be newly organized, smaller, and less seasoned; the difference in, or lack of, auditing and financial reporting requirements or standards, which may result in the unavailability of material information about issuers; different clearance and settlement procedures, which may be unable to keep pace with the volume of securities transactions or otherwise make it difficult to engage in such transactions; difficulties in |
obtaining and/or enforcing legal judgments against non-U.S. companies and non-U.S. persons, including company directors and officers, in foreign jurisdictions; and significantly smaller market capitalizations of emerging-market issuers. In addition, shareholders of emerging market issuers, such as the fund, often have limited rights and few practical remedies in emerging markets. Finally, the risks associated with investments in emerging markets often are significant, and vary from jurisdiction to jurisdiction and company to company. |
Currency risk. Currency risk is the risk that fluctuations in exchange rates may adversely affect the U.S. dollar value of a fund’s investments. Currency risk includes both the risk that currencies in which a fund’s investments are traded, or currencies in which a fund has taken an active investment position, will decline in value relative to the U.S. dollar and, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly for a number of reasons, including the forces of supply and demand in the foreign exchange markets, actual or perceived changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments or central banks, or currency controls or political developments in the United States or abroad. Certain funds may engage in proxy hedging of currencies by entering into derivative transactions with respect to a currency whose value is expected to correlate to the value of a currency the fund owns or wants to own. This presents the risk that the two currencies may not move in relation to one another as expected. In that case, the fund could lose money on its investment and also lose money on the position designed to act as a proxy hedge. Certain funds may also take active currency positions and may cross-hedge currency exposure represented by their securities into another foreign currency. This may result in a fund’s currency exposure being substantially different than that suggested by its securities investments. All funds with foreign currency holdings and/or that invest or trade in securities denominated in foreign currencies or related derivative instruments may be adversely affected by changes in foreign currency exchange rates. Derivative foreign currency transactions (such as futures, forwards, and swaps) may also involve leveraging risk, in addition to currency risk. Leverage may disproportionately increase a fund’s portfolio losses and reduce opportunities for gain when interest rates, stock prices, or currency rates are changing. |
Credit default swaps. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), interest-rate risk, risk of default of the underlying reference obligation, and risk of disproportionate loss are the principal risks of engaging in transactions involving credit default swaps. |
Foreign currency forward contracts. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), foreign currency risk, and risk of disproportionate loss are the principal risks of engaging in transactions involving foreign currency forward contracts. |
Futures contracts. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), and risk of disproportionate loss are the principal risks of engaging in transactions involving futures contracts. |
Interest-rate swaps. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), interest-rate risk, and risk of disproportionate loss are the principal risks of engaging in transactions involving interest-rate swaps. |
Options. Counterparty risk, liquidity risk (i.e., the inability to enter into closing transactions), and risk of disproportionate loss are the principal risks of engaging in transactions involving options. Counterparty risk does not apply to exchange-traded options. |
Risk to principal and income. Investing in lower-rated fixed-income securities is considered speculative. While these securities generally provide greater income potential than investments in higher-rated securities, there is a greater risk that principal and interest payments will not be made. Issuers of these securities may even go into default or become bankrupt. |
Price volatility. The price of lower-rated fixed-income securities may be more volatile than securities in the higher-rated categories. This volatility may increase during periods of economic uncertainty or change. The price of these securities is affected more than higher-rated fixed-income securities by the market’s perception of their credit quality, especially during times of adverse publicity. In the past, economic downturns or increases in interest rates have, at times, caused more defaults by issuers of these securities and may do so in the future. Economic downturns and increases in interest rates have an even greater effect on highly leveraged issuers of these securities. |
Liquidity. The market for lower-rated fixed-income securities may have more limited trading than the market for investment-grade fixed-income securities. Therefore, it may be more difficult to sell these securities, and these securities may have to be sold at prices below their market value in order to meet redemption requests or to respond to changes in market conditions. |
Dependence on manager’s own credit analysis. While a manager may rely on ratings by established credit rating agencies, it will also supplement such ratings with its own independent review of the credit quality of the issuer. Therefore, the assessment of the credit risk of lower-rated fixed-income securities is more dependent on the manager’s evaluation than the assessment of the credit risk of higher-rated securities. |
Additional risks regarding lower-rated corporate fixed-income securities. Lower-rated corporate fixed-income securities (and comparable unrated securities) tend to be more sensitive to individual corporate developments and changes in economic conditions than higher-rated corporate fixed-income securities. Issuers of lower-rated corporate fixed-income securities may also be highly leveraged, increasing the risk that principal and income will not be repaid. |
Additional risks regarding lower-rated foreign government fixed-income securities. Lower-rated foreign government fixed-income securities are subject to the risks of investing in foreign countries described under “Foreign securities risk.” In addition, the ability and willingness of a foreign government to make payments on debt when due may be affected by the prevailing economic and political conditions within the country. Emerging-market countries may experience high inflation, interest rates, and unemployment, as well as exchange-rate fluctuations which adversely affect trade and political uncertainty or instability. These factors increase the risk that a foreign government will not make payments when due. |
Mortgage-backed securities. Mortgage-backed securities represent participating interests in pools of residential mortgage loans, which are guaranteed by the U.S. government, its agencies, or its instrumentalities. However, the guarantee of these types of securities relates to the principal and interest payments, and not to the market value of such securities. In addition, the guarantee only relates to the mortgage-backed securities held by a fund and not the purchase of shares of the fund. |
Mortgage-backed securities are issued by lenders, such as mortgage bankers, commercial banks, and savings and loan associations. Such securities differ from conventional debt securities, which provide for the periodic payment of interest in fixed amounts (usually semiannually) with principal payments at maturity or on specified dates. Mortgage-backed securities provide periodic payments which are, in effect, a pass-through of the interest and principal payments (including any prepayments) made by the individual borrowers on the pooled mortgage loans. A mortgage-backed security will mature when all the mortgages in the pool mature or are prepaid. Therefore, mortgage-backed securities do not have a fixed maturity and their expected maturities may vary when interest rates rise or fall. |
When interest rates fall, homeowners are more likely to prepay their mortgage loans. An increased rate of prepayments on a fund’s mortgage-backed securities will result in an unforeseen loss of interest income to the fund as the fund may be required to reinvest assets at a lower interest rate. Because prepayments increase when interest rates fall, the prices of mortgage-backed securities do not increase as much as other fixed-income securities when interest rates fall. |
When interest rates rise, homeowners are less likely to prepay their mortgage loans. A decreased rate of prepayments lengthens the expected maturity of a mortgage-backed security. Therefore, the prices of mortgage-backed securities may decrease more than prices of other fixed-income securities when interest rates rise. |
The yield of mortgage-backed securities is based on the average life of the underlying pool of mortgage loans. The actual life of any particular pool may be shortened by unscheduled or early payments of principal and interest. Principal prepayments may result from the sale of the underlying property or the refinancing or foreclosure of underlying mortgages. The occurrence of prepayments is affected by a wide range of economic, demographic, and social factors and, accordingly, it is not possible to accurately predict the average life of a particular pool. The actual prepayment experience of a pool of mortgage loans may cause the yield realized by a fund to differ from the yield calculated on the basis of the average life of the pool. In addition, if a fund purchases mortgage-backed securities at a premium, the premium may be lost in the event of early prepayment, which may result in a loss to the fund. |
Prepayments tend to increase during periods of falling interest rates, while during periods of rising interest rates, prepayments are likely to decline. Monthly interest payments received by a fund have a compounding effect, which will increase the yield to shareholders as compared to debt obligations that pay interest semiannually. Because of the reinvestment of prepayments of principal at current rates, mortgage-backed securities may be less effective than U.S. Treasury bonds of similar maturity at maintaining yields during |
periods of declining interest rates. Also, although the value of debt securities may increase as interest rates decline, the value of these pass-through types of securities may not increase as much, due to their prepayment feature. |
The mortgage-backed securities market has been and may continue to be negatively affected by the novel coronavirus (COVID-19) pandemic. The U.S. government, its agencies or its instrumentalities may implement initiatives in response to the economic impacts of the COVID-19 pandemic applicable to federally backed mortgage loans. These initiatives could involve forbearance of mortgage payments or suspension or restrictions of foreclosures and evictions. The fund cannot predict with certainty the extent to which such initiatives or the economic effects of the pandemic generally may affect rates of prepayment or default or adversely impact the value of the fund’s investments in securities in the mortgage industry as a whole. |
Collateralized mortgage obligations (CMOs). A fund may invest in mortgage-backed securities called CMOs. CMOs are issued in separate classes with different stated maturities. As the mortgage pool experiences prepayments, the pool pays off investors in classes with shorter maturities first. By investing in CMOs, a fund may manage the prepayment risk of mortgage-backed securities. However, prepayments may cause the actual maturity of a CMO to be substantially shorter than its stated maturity. |
Asset-backed securities. Asset-backed securities include interests in pools of debt securities, commercial or consumer loans, or other receivables. The value of these securities depends on many factors, including changes in interest rates, the availability of information concerning the pool and its structure, the credit quality of the underlying assets, the market’s perception of the servicer of the pool, and any credit enhancement provided. In addition, asset-backed securities have prepayment risks similar to mortgage-backed securities. |
Aggregate
net assets
of the fund (%) | |
First
$7.5 billion |
0.060 |
Excess
over $7.5 billion |
0.050 |
Aggregate
net assets
of the fund (%) | |
First
$7.5 billion |
0.510 |
Excess
over $7.5 billion |
0.500 |
• | Managing Director and Portfolio Manager, Asset Allocation Team |
• | Managed each fund except for the Multimanager 2065 Lifetime Portfolio since 2018 |
• | Managed the Multimanager 2065 Lifetime Portfolio since 2020 |
• | Joined Manulife IM (US) in 2008 |
• | Began business career in 2001 |
• | Senior Managing Director, Senior Portfolio Manager and Global Head of Asset Allocation |
• | Managed each fund except for the Multimanager 2060 Lifetime Portfolio and Multimanager 2055 Lifetime Portfolio since 2013 |
• | Managed the Multimanager 2055 Lifetime Portfolio since 2014 |
• | Managed the Multimanager 2060 Lifetime Portfolio since 2016 |
• | Managed the Multimanager 2065 Lifetime Portfolio since 2020 |
• | Joined Manulife IM (US) in 2008 |
• | Began business career in 2000 |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1, 2 |
Net
realized and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3, 4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-20216
|
10.00
|
0.06
7
|
3.62
|
3.68
|
(0.05
)
|
(0.05
)
|
(0.10
)
|
13.58
|
36.98
8
|
5.26
9
|
0.42
9
|
0.51
7,
9 |
146
|
33
|
Class
I | ||||||||||||||
08-31-20216
|
10.00
|
0.13
7
|
3.59
|
3.72
|
(0.06
)
|
(0.05
)
|
(0.11
)
|
13.61
|
37.39
8
|
4.96
9
|
0.12
9
|
1.13
7,
9 |
68
|
33
|
Class
R2 | ||||||||||||||
08-31-20216
|
10.00
|
0.11
7
|
3.59
|
3.70
|
(0.06
)
|
(0.05
)
|
(0.11
)
|
13.59
|
37.14
8
|
5.11
9
|
0.26
9
|
0.98
7,
9 |
68
|
33
|
Class
R4 | ||||||||||||||
08-31-20216
|
10.00
|
0.12
7
|
3.59
|
3.71
|
(0.06
)
|
(0.05
)
|
(0.11
)
|
13.60
|
37.28
8
|
5.11
9
|
0.16
9
|
1.09
7,
9 |
68
|
33
|
Class
R5 | ||||||||||||||
08-31-20216
|
10.00
|
0.14
7
|
3.59
|
3.73
|
(0.06
)
|
(0.05
)
|
(0.11
)
|
13.62
|
37.53
8
|
4.86
9
|
0.01
9
|
1.23
7,
9 |
68
|
33
|
Class
R6 | ||||||||||||||
08-31-20216
|
10.00
|
0.11
7
|
3.62
|
3.73
|
(0.06
)
|
(0.05
)
|
(0.11
)
|
13.62
|
37.53
8
|
4.86
9
|
0.01
9
|
0.98
7,
9 |
197
|
33
|
Class
1 | ||||||||||||||
08-31-20216
|
10.00
|
0.05
7
|
3.67
|
3.72
|
(0.06
)
|
(0.05
)
|
(0.11
)
|
13.61
|
37.41
8
|
4.90
9
|
0.05
9
|
0.42
7,
9 |
10,959
|
33
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Period
from 9-23-20 (commencement of operations) to 8-31-21. |
7 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.01 and 0.11%, for the period ended
8-31-21. |
8 |
Not
annualized. |
9 |
Annualized. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
13.12
|
0.10
6
|
3.63
|
3.73
|
(0.12
)
|
(0.39
)
|
(0.51
)
|
16.34
|
29.07
|
0.71
|
0.42
|
0.69
6
|
12,113
|
19
|
08-31-2020 |
11.88
|
0.14
6
|
1.85
|
1.99
|
(0.18
)
|
(0.57
)
|
(0.75
)
|
13.12
|
17.20
|
0.84
|
0.43
|
1.20
6
|
5,383
|
27
|
08-31-2019 |
12.91
|
0.14
6
|
(0.41
)
|
(0.27
)
|
(0.16
)
|
(0.60
)
|
(0.76
)
|
11.88
|
(1.30
)
|
0.88
|
0.41
|
1.22
6
|
2,136
|
27
|
08-31-2018 |
12.12
|
0.13
6
|
1.19
|
1.32
|
(0.15
)
|
(0.38
)
|
(0.53
)
|
12.91
|
11.08
|
1.09
|
0.41
|
1.06
6
|
1,497
|
21
|
08-31-2017 |
10.61
|
0.08
6
|
1.56
|
1.64
|
(0.12
)
|
(0.01
)
|
(0.13
)
|
12.12
|
15.59
|
2.63
|
0.42
|
0.71
6
|
640
|
24
|
Class
I | ||||||||||||||
08-31-2021 |
13.16
|
0.16
6
|
3.62
|
3.78
|
(0.16
)
|
(0.39
)
|
(0.55
)
|
16.39
|
29.38
|
0.41
|
0.11
|
1.10
6
|
66
|
19
|
08-31-2020 |
11.91
|
0.22
6
|
1.82
|
2.04
|
(0.22
)
|
(0.57
)
|
(0.79
)
|
13.16
|
17.60
|
0.54
|
0.13
|
1.82
6
|
53
|
27
|
08-31-2019 |
12.95
|
0.20
6
|
(0.45
)
|
(0.25
)
|
(0.19
)
|
(0.60
)
|
(0.79
)
|
11.91
|
(1.06
)
|
0.59
|
0.13
|
1.66
6
|
47
|
27
|
08-31-2018 |
12.15
|
0.15
6
|
1.22
|
1.37
|
(0.19
)
|
(0.38
)
|
(0.57
)
|
12.95
|
11.45
|
0.79
|
0.11
|
1.20
6
|
51
|
21
|
08-31-2017 |
10.62
|
0.18
6
|
1.50
|
1.68
|
(0.14
)
|
(0.01
)
|
(0.15
)
|
12.15
|
16.04
|
2.32
|
0.11
|
1.57
6
|
121
|
24
|
Class
R2 | ||||||||||||||
08-31-2021 |
13.12
|
0.10
6
|
3.63
|
3.73
|
(0.13
)
|
(0.39
)
|
(0.52
)
|
16.33
|
29.02
|
0.78
|
0.49
|
0.65
6
|
646
|
19
|
08-31-2020 |
11.88
|
0.17
6
|
1.83
|
2.00
|
(0.19
)
|
(0.57
)
|
(0.76
)
|
13.12
|
17.24
|
0.83
|
0.41
|
1.43
6
|
156
|
27
|
08-31-2019 |
12.92
|
0.16
6
|
(0.43
)
|
(0.27
)
|
(0.17
)
|
(0.60
)
|
(0.77
)
|
11.88
|
(1.27
)
|
0.83
|
0.36
|
1.31
6
|
95
|
27
|
08-31-2018 |
12.14
|
0.13
6
|
1.20
|
1.33
|
(0.17
)
|
(0.38
)
|
(0.55
)
|
12.92
|
11.13
|
0.98
|
0.30
|
1.03
6
|
73
|
21
|
08-31-2017 |
10.61
|
0.16
6
|
1.51
|
1.67
|
(0.13
)
|
(0.01
)
|
(0.14
)
|
12.14
|
15.92
|
2.49
|
0.27
|
1.38
6
|
129
|
24
|
Class
R4 | ||||||||||||||
08-31-2021 |
13.14
|
0.14
6
|
3.63
|
3.77
|
(0.15
)
|
(0.39
)
|
(0.54
)
|
16.37
|
29.37
|
0.58
|
0.18
|
0.96
6
|
152
|
19
|
08-31-2020 |
11.90
|
0.21
6
|
1.82
|
2.03
|
(0.22
)
|
(0.57
)
|
(0.79
)
|
13.14
|
17.47
|
0.68
|
0.16
|
1.75
6
|
74
|
27
|
08-31-2019 |
12.93
|
0.19
6
|
(0.43
)
|
(0.24
)
|
(0.19
)
|
(0.60
)
|
(0.79
)
|
11.90
|
(1.00
)
|
0.73
|
0.16
|
1.59
6
|
55
|
27
|
08-31-2018 |
12.14
|
0.15
6
|
1.20
|
1.35
|
(0.18
)
|
(0.38
)
|
(0.56
)
|
12.93
|
11.33
|
0.94
|
0.16
|
1.19
6
|
56
|
21
|
08-31-2017 |
10.62
|
0.17
6
|
1.50
|
1.67
|
(0.14
)
|
(0.01
)
|
(0.15
)
|
12.14
|
15.90
|
2.48
|
0.17
|
1.51
6
|
125
|
24
|
Class
R5 | ||||||||||||||
08-31-2021 |
13.15
|
0.17
6
|
3.62
|
3.79
|
(0.16
)
|
(0.39
)
|
(0.55
)
|
16.39
|
29.53
|
0.36
|
0.06
|
1.17
6
|
424
|
19
|
08-31-2020 |
11.90
|
0.18
6
|
1.87
|
2.05
|
(0.23
)
|
(0.57
)
|
(0.80
)
|
13.15
|
17.67
|
0.48
|
0.06
|
1.55
6
|
382
|
27
|
08-31-2019 |
12.94
|
0.17
6
|
(0.41
)
|
(0.24
)
|
(0.20
)
|
(0.60
)
|
(0.80
)
|
11.90
|
(0.96
)
|
0.53
|
0.06
|
1.44
6
|
168
|
27
|
08-31-2018 |
12.16
|
0.16
6
|
1.20
|
1.36
|
(0.20
)
|
(0.38
)
|
(0.58
)
|
12.94
|
11.37
|
0.72
|
0.04
|
1.28
6
|
118
|
21
|
08-31-2017 |
10.62
|
0.18
6
|
1.52
|
1.70
|
(0.15
)
|
(0.01
)
|
(0.16
)
|
12.16
|
16.22
|
2.24
|
0.02
|
1.59
6
|
168
|
24
|
Class
R6 | ||||||||||||||
08-31-2021 |
13.17
|
0.17
6
|
3.63
|
3.80
|
(0.17
)
|
(0.39
)
|
(0.56
)
|
16.41
|
29.54
|
0.31
|
0.01
|
1.16
6
|
10,594
|
19
|
08-31-2020 |
11.92
|
0.19
6
|
1.87
|
2.06
|
(0.24
)
|
(0.57
)
|
(0.81
)
|
13.17
|
17.71
|
0.43
|
—
|
1.61
6
|
3,805
|
27
|
08-31-2019 |
12.95
|
0.22
6
|
(0.45
)
|
(0.23
)
|
(0.20
)
|
(0.60
)
|
(0.80
)
|
11.92
|
(0.86
)
|
0.48
|
—
|
1.84
6
|
1,611
|
27
|
08-31-2018 |
12.16
|
0.14
6
|
1.23
|
1.37
|
(0.20
)
|
(0.38
)
|
(0.58
)
|
12.95
|
11.47
|
0.69
|
—
|
1.10
6
|
1,402
|
21
|
08-31-2017 |
10.62
|
0.18
6
|
1.52
|
1.70
|
(0.15
)
|
(0.01
)
|
(0.16
)
|
12.16
|
16.24
|
2.23
|
—
|
1.58
6
|
142
|
24
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.02, $0.01, $0.02, $0.02 and $0.02 per share and 0.12%,
0.13%, 0.17%,
0.20% and 0.18%, for the periods ended 8-31-21, 8-31-20, 8-31-19, 8-31-18,
and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
11.72
|
0.09
6
|
3.21
|
3.30
|
(0.10
)
|
(0.41
)
|
(0.51
)
|
14.51
|
28.87
|
0.66
|
0.42
|
0.71
6
|
38,649
|
20
|
08-31-2020 |
10.83
|
0.14
6
|
1.67
|
1.81
|
(0.17
)
|
(0.75
)
|
(0.92
)
|
11.72
|
17.26
|
0.71
|
0.43
|
1.34
6
|
23,530
|
30
|
08-31-2019 |
12.19
|
0.14
6
|
(0.45
)
|
(0.31
)
|
(0.16
)
|
(0.89
)
|
(1.05
)
|
10.83
|
(1.30
)
|
0.68
|
0.41
|
1.25
6
|
13,755
|
29
|
08-31-2018 |
11.59
|
0.14
6
|
1.12
|
1.26
|
(0.16
)
|
(0.50
)
|
(0.66
)
|
12.19
|
11.09
|
0.67
|
0.41
|
1.21
6
|
11,328
|
14
|
08-31-2017 |
10.46
|
0.10
6
|
1.48
|
1.58
|
(0.13
)
|
(0.32
)
|
(0.45
)
|
11.59
|
15.73
|
0.71
|
0.42
|
0.96
6
|
7,046
|
33
|
Class
I | ||||||||||||||
08-31-2021 |
11.75
|
0.13
6
|
3.22
|
3.35
|
(0.13
)
|
(0.41
)
|
(0.54
)
|
14.56
|
29.27
|
0.36
|
0.11
|
0.95
6
|
135
|
20
|
08-31-2020 |
10.86
|
0.19
6
|
1.65
|
1.84
|
(0.20
)
|
(0.75
)
|
(0.95
)
|
11.75
|
17.57
|
0.41
|
0.13
|
1.80
6
|
69
|
30
|
08-31-2019 |
12.22
|
0.18
6
|
(0.45
)
|
(0.27
)
|
(0.20
)
|
(0.89
)
|
(1.09
)
|
10.86
|
(1.01
)
|
0.39
|
0.13
|
1.62
6
|
57
|
29
|
08-31-2018 |
11.62
|
0.15
6
|
1.14
|
1.29
|
(0.19
)
|
(0.50
)
|
(0.69
)
|
12.22
|
11.47
|
0.37
|
0.11
|
1.24
6
|
54
|
14
|
08-31-2017 |
10.49
|
0.18
6
|
1.44
|
1.62
|
(0.17
)
|
(0.32
)
|
(0.49
)
|
11.62
|
16.05
|
0.40
|
0.11
|
1.62
6
|
111
|
33
|
Class
R2 | ||||||||||||||
08-31-2021 |
11.71
|
0.10
6
|
3.19
|
3.29
|
(0.09
)
|
(0.41
)
|
(0.50
)
|
14.50
|
28.79
|
0.75
|
0.51
|
0.78
6
|
1,054
|
20
|
08-31-2020 |
10.83
|
0.14
6
|
1.65
|
1.79
|
(0.16
)
|
(0.75
)
|
(0.91
)
|
11.71
|
17.07
|
0.80
|
0.52
|
1.35
6
|
806
|
30
|
08-31-2019 |
12.19
|
0.11
6
|
(0.42
)
|
(0.31
)
|
(0.16
)
|
(0.89
)
|
(1.05
)
|
10.83
|
(1.35
)
|
0.78
|
0.51
|
1.05
6
|
602
|
29
|
08-31-2018 |
11.61
|
0.05
6
|
1.20
|
1.25
|
(0.17
)
|
(0.50
)
|
(0.67
)
|
12.19
|
10.98
|
0.72
|
0.46
|
0.41
6
|
436
|
14
|
08-31-2017 |
10.47
|
0.15
6
|
1.45
|
1.60
|
(0.14
)
|
(0.32
)
|
(0.46
)
|
11.61
|
15.94
|
0.62
|
0.33
|
1.35
6
|
166
|
33
|
Class
R4 | ||||||||||||||
08-31-2021 |
11.74
|
0.14
6
|
3.20
|
3.34
|
(0.12
)
|
(0.41
)
|
(0.53
)
|
14.55
|
29.19
|
0.50
|
0.16
|
1.05
6
|
59
|
20
|
08-31-2020 |
10.85
|
0.19
6
|
1.65
|
1.84
|
(0.20
)
|
(0.75
)
|
(0.95
)
|
11.74
|
17.53
|
0.55
|
0.16
|
1.83
6
|
48
|
30
|
08-31-2019 |
12.22
|
0.18
6
|
(0.46
)
|
(0.28
)
|
(0.20
)
|
(0.89
)
|
(1.09
)
|
10.85
|
(1.04
)
|
0.53
|
0.16
|
1.65
6
|
44
|
29
|
08-31-2018 |
11.62
|
0.14
6
|
1.14
|
1.28
|
(0.18
)
|
(0.50
)
|
(0.68
)
|
12.22
|
11.32
|
0.52
|
0.16
|
1.18
6
|
51
|
14
|
08-31-2017 |
10.48
|
0.17
6
|
1.45
|
1.62
|
(0.16
)
|
(0.32
)
|
(0.48
)
|
11.62
|
16.10
|
0.56
|
0.17
|
1.57
6
|
117
|
33
|
Class
R5 | ||||||||||||||
08-31-2021 |
11.76
|
0.16
6
|
3.21
|
3.37
|
(0.14
)
|
(0.41
)
|
(0.55
)
|
14.58
|
29.41
|
0.30
|
0.06
|
1.17
6
|
1,337
|
20
|
08-31-2020 |
10.86
|
0.17
6
|
1.69
|
1.86
|
(0.21
)
|
(0.75
)
|
(0.96
)
|
11.76
|
17.72
|
0.35
|
0.06
|
1.59
6
|
195
|
30
|
08-31-2019 |
12.23
|
0.18
6
|
(0.46
)
|
(0.28
)
|
(0.20
)
|
(0.89
)
|
(1.09
)
|
10.86
|
(0.97
)
|
0.33
|
0.06
|
1.61
6
|
97
|
29
|
08-31-2018 |
11.64
|
0.17
6
|
1.12
|
1.29
|
(0.20
)
|
(0.50
)
|
(0.70
)
|
12.23
|
11.35
|
0.31
|
0.05
|
1.43
6
|
223
|
14
|
08-31-2017 |
10.50
|
0.17
6
|
1.47
|
1.64
|
(0.18
)
|
(0.32
)
|
(0.50
)
|
11.64
|
16.24
|
0.32
|
0.03
|
1.57
6
|
157
|
33
|
Class
R6 | ||||||||||||||
08-31-2021 |
11.76
|
0.15
6
|
3.23
|
3.38
|
(0.15
)
|
(0.41
)
|
(0.56
)
|
14.58
|
29.47
|
0.25
|
0.01
|
1.11
6
|
25,449
|
20
|
08-31-2020 |
10.87
|
0.18
6
|
1.68
|
1.86
|
(0.22
)
|
(0.75
)
|
(0.97
)
|
11.76
|
17.68
|
0.30
|
—
|
1.74
6
|
10,042
|
30
|
08-31-2019 |
12.23
|
0.18
6
|
(0.44
)
|
(0.26
)
|
(0.21
)
|
(0.89
)
|
(1.10
)
|
10.87
|
(0.80
)
|
0.28
|
—
|
1.65
6
|
5,437
|
29
|
08-31-2018 |
11.63
|
0.13
6
|
1.17
|
1.30
|
(0.20
)
|
(0.50
)
|
(0.70
)
|
12.23
|
11.48
|
0.27
|
—
|
1.07
6
|
3,277
|
14
|
08-31-2017 |
10.49
|
0.17
6
|
1.47
|
1.64
|
(0.18
)
|
(0.32
)
|
(0.50
)
|
11.63
|
16.28
|
0.31
|
—
|
1.58
6
|
463
|
33
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.02, $0.01, $0.02, $0.02 and $0.02 per share and 0.11%,
0.12%, 0.16%,
0.19% and 0.19%, for the periods ended 8-31-21, 8-31-20, 8-31-19, 8-31-18,
and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
12.51
|
0.10
6
|
3.42
|
3.52
|
(0.12
)
|
(0.48
)
|
(0.60
)
|
15.43
|
28.92
|
0.63
|
0.42
|
0.75
6
|
99,779
|
19
|
08-31-2020 |
11.65
|
0.16
6
|
1.77
|
1.93
|
(0.18
)
|
(0.89
)
|
(1.07
)
|
12.51
|
17.20
|
0.66
|
0.43
|
1.42
6
|
73,101
|
31
|
08-31-2019 |
13.29
|
0.15
6
|
(0.51
)
|
(0.36
)
|
(0.16
)
|
(1.12
)
|
(1.28
)
|
11.65
|
(1.33
)
|
0.62
|
0.41
|
1.28
6
|
54,552
|
31
|
08-31-2018 |
12.73
|
0.16
6
|
1.20
|
1.36
|
(0.17
)
|
(0.63
)
|
(0.80
)
|
13.29
|
11.00
|
0.59
|
0.41
|
1.22
6
|
53,484
|
18
|
08-31-2017 |
11.65
|
0.14
6
|
1.62
|
1.76
|
(0.16
)
|
(0.52
)
|
(0.68
)
|
12.73
|
15.87
|
0.59
|
0.42
|
1.18
6
|
42,799
|
38
|
Class
I | ||||||||||||||
08-31-2021 |
12.55
|
0.09
6
|
3.48
|
3.57
|
(0.16
)
|
(0.48
)
|
(0.64
)
|
15.48
|
29.32
|
0.33
|
0.11
|
0.64
6
|
187
|
19
|
08-31-2020 |
11.68
|
0.18
6
|
1.80
|
1.98
|
(0.22
)
|
(0.89
)
|
(1.11
)
|
12.55
|
17.49
|
0.36
|
0.13
|
1.53
6
|
67
|
31
|
08-31-2019 |
13.32
|
0.27
6
|
(0.59
)
|
(0.32
)
|
(0.20
)
|
(1.12
)
|
(1.32
)
|
11.68
|
(0.96
)
|
0.33
|
0.13
|
2.33
6
|
56
|
31
|
08-31-2018 |
12.75
|
0.18
6
|
1.23
|
1.41
|
(0.21
)
|
(0.63
)
|
(0.84
)
|
13.32
|
11.29
|
0.29
|
0.11
|
1.34
6
|
61
|
18
|
08-31-2017 |
11.68
|
0.19
6
|
1.59
|
1.78
|
(0.19
)
|
(0.52
)
|
(0.71
)
|
12.75
|
16.19
|
0.28
|
0.11
|
1.59
6
|
116
|
38
|
Class
R2 | ||||||||||||||
08-31-2021 |
12.51
|
0.10
6
|
3.41
|
3.51
|
(0.12
)
|
(0.48
)
|
(0.60
)
|
15.42
|
28.78
|
0.72
|
0.51
|
0.71
6
|
5,393
|
19
|
08-31-2020 |
11.65
|
0.15
6
|
1.78
|
1.93
|
(0.18
)
|
(0.89
)
|
(1.07
)
|
12.51
|
17.12
|
0.75
|
0.51
|
1.27
6
|
1,358
|
31
|
08-31-2019 |
13.29
|
0.12
6
|
(0.49
)
|
(0.37
)
|
(0.15
)
|
(1.12
)
|
(1.27
)
|
11.65
|
(1.44
)
|
0.71
|
0.50
|
1.05
6
|
1,264
|
31
|
08-31-2018 |
12.73
|
0.14
6
|
1.21
|
1.35
|
(0.16
)
|
(0.63
)
|
(0.79
)
|
13.29
|
10.92
|
0.71
|
0.53
|
1.07
6
|
996
|
18
|
08-31-2017 |
11.65
|
0.12
6
|
1.63
|
1.75
|
(0.15
)
|
(0.52
)
|
(0.67
)
|
12.73
|
15.79
|
0.67
|
0.50
|
1.00
6
|
840
|
38
|
Class
R4 | ||||||||||||||
08-31-2021 |
12.52
|
0.14
6
|
3.41
|
3.55
|
(0.14
)
|
(0.48
)
|
(0.62
)
|
15.45
|
29.16
|
0.57
|
0.26
|
0.96
6
|
1,476
|
19
|
08-31-2020 |
11.66
|
0.19
6
|
1.76
|
1.95
|
(0.20
)
|
(0.89
)
|
(1.09
)
|
12.52
|
17.37
|
0.60
|
0.26
|
1.67
6
|
1,073
|
31
|
08-31-2019 |
13.30
|
0.18
6
|
(0.52
)
|
(0.34
)
|
(0.18
)
|
(1.12
)
|
(1.30
)
|
11.66
|
(1.13
)
|
0.57
|
0.26
|
1.50
6
|
776
|
31
|
08-31-2018 |
12.74
|
0.18
6
|
1.21
|
1.39
|
(0.20
)
|
(0.63
)
|
(0.83
)
|
13.30
|
11.17
|
0.54
|
0.26
|
1.39
6
|
665
|
18
|
08-31-2017 |
11.67
|
0.18
6
|
1.59
|
1.77
|
(0.18
)
|
(0.52
)
|
(0.70
)
|
12.74
|
15.98
|
0.51
|
0.24
|
1.52
6
|
467
|
38
|
Class
R5 | ||||||||||||||
08-31-2021 |
12.55
|
0.21
6
|
3.37
|
3.58
|
(0.16
)
|
(0.48
)
|
(0.64
)
|
15.49
|
29.36
|
0.27
|
0.06
|
1.47
6
|
863
|
19
|
08-31-2020 |
11.68
|
0.24
6
|
1.75
|
1.99
|
(0.23
)
|
(0.89
)
|
(1.12
)
|
12.55
|
17.67
|
0.30
|
0.06
|
2.06
6
|
29
|
31
|
08-31-2019 |
13.34
|
0.23
6
|
(0.56
)
|
(0.33
)
|
(0.21
)
|
(1.12
)
|
(1.33
)
|
11.68
|
(1.05
)
|
0.28
|
0.07
|
1.84
6
|
34
|
31
|
08-31-2018 |
12.77
|
0.15
6
|
1.27
|
1.42
|
(0.22
)
|
(0.63
)
|
(0.85
)
|
13.34
|
11.44
|
0.22
|
0.04
|
1.16
6
|
277
|
18
|
08-31-2017 |
11.69
|
0.20
6
|
1.60
|
1.80
|
(0.20
)
|
(0.52
)
|
(0.72
)
|
12.77
|
16.29
|
0.20
|
0.03
|
1.68
6
|
185
|
38
|
Class
R6 | ||||||||||||||
08-31-2021 |
12.56
|
0.16
6
|
3.43
|
3.59
|
(0.17
)
|
(0.48
)
|
(0.65
)
|
15.50
|
29.40
|
0.22
|
0.01
|
1.14
6
|
43,703
|
19
|
08-31-2020 |
11.69
|
0.20
6
|
1.79
|
1.99
|
(0.23
)
|
(0.89
)
|
(1.12
)
|
12.56
|
17.72
|
0.25
|
—
|
1.79
6
|
23,312
|
31
|
08-31-2019 |
13.34
|
0.18
6
|
(0.49
)
|
(0.31
)
|
(0.22
)
|
(1.12
)
|
(1.34
)
|
11.69
|
(0.90
)
|
0.22
|
—
|
1.52
6
|
15,426
|
31
|
08-31-2018 |
12.77
|
0.18
6
|
1.25
|
1.43
|
(0.23
)
|
(0.63
)
|
(0.86
)
|
13.34
|
11.48
|
0.19
|
—
|
1.40
6
|
8,508
|
18
|
08-31-2017 |
11.69
|
0.19
6
|
1.62
|
1.81
|
(0.21
)
|
(0.52
)
|
(0.73
)
|
12.77
|
16.31
|
0.18
|
—
|
1.57
6
|
3,528
|
38
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.02, $0.01, $0.02, $0.02 and $0.02 per share and 0.10%,
0.11%, 0.15%,
0.18% and 0.19%, for the periods ended 8-31-21, 8-31-20, 8-31-19, 8-31-18,
and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
11.22
|
0.10
6
|
3.05
|
3.15
|
(0.12
)
|
(0.53
)
|
(0.65
)
|
13.72
|
28.93
|
0.61
|
0.42
|
0.78
6
|
180,069
|
18
|
08-31-2020 |
10.71
|
0.15
6
|
1.61
|
1.76
|
(0.17
)
|
(1.08
)
|
(1.25
)
|
11.22
|
17.15
|
0.64
|
0.43
|
1.45
6
|
132,866
|
32
|
08-31-2019 |
12.40
|
0.14
6
|
(0.49
)
|
(0.35
)
|
(0.16
)
|
(1.18
)
|
(1.34
)
|
10.71
|
(1.29
)
|
0.60
|
0.41
|
1.32
6
|
104,554
|
33
|
08-31-2018 |
12.17
|
0.15
6
|
1.16
|
1.31
|
(0.16
)
|
(0.92
)
|
(1.08
)
|
12.40
|
11.12
|
0.56
|
0.41
|
1.26
6
|
108,685
|
19
|
08-31-2017 |
11.24
|
0.14
6
|
1.54
|
1.68
|
(0.15
)
|
(0.60
)
|
(0.75
)
|
12.17
|
15.83
|
0.56
|
0.42
|
1.24
6
|
98,637
|
30
|
Class
I | ||||||||||||||
08-31-2021 |
11.31
|
0.13
6
|
3.08
|
3.21
|
(0.15
)
|
(0.53
)
|
(0.68
)
|
13.84
|
29.28
|
0.31
|
0.12
|
1.02
6
|
268
|
18
|
08-31-2020 |
10.77
|
0.19
6
|
1.63
|
1.82
|
(0.20
)
|
(1.08
)
|
(1.28
)
|
11.31
|
17.70
|
0.34
|
0.13
|
1.85
6
|
172
|
32
|
08-31-2019 |
12.48
|
0.14
6
|
(0.48
)
|
(0.34
)
|
(0.19
)
|
(1.18
)
|
(1.37
)
|
10.77
|
(1.12
)
|
0.31
|
0.12
|
1.33
6
|
199
|
33
|
08-31-2018 |
12.25
|
0.15
6
|
1.20
|
1.35
|
(0.20
)
|
(0.92
)
|
(1.12
)
|
12.48
|
11.37
|
0.27
|
0.11
|
1.18
6
|
81
|
19
|
08-31-2017 |
11.31
|
0.19
6
|
1.54
|
1.73
|
(0.19
)
|
(0.60
)
|
(0.79
)
|
12.25
|
16.20
|
0.25
|
0.11
|
1.67
6
|
118
|
30
|
Class
R2 | ||||||||||||||
08-31-2021 |
11.27
|
0.10
6
|
3.05
|
3.15
|
(0.11
)
|
(0.53
)
|
(0.64
)
|
13.78
|
28.81
|
0.71
|
0.51
|
0.77
6
|
7,060
|
18
|
08-31-2020 |
10.75
|
0.14
6
|
1.62
|
1.76
|
(0.16
)
|
(1.08
)
|
(1.24
)
|
11.27
|
17.08
|
0.72
|
0.51
|
1.33
6
|
3,114
|
32
|
08-31-2019 |
12.43
|
0.13
6
|
(0.49
)
|
(0.36
)
|
(0.14
)
|
(1.18
)
|
(1.32
)
|
10.75
|
(1.36
)
|
0.69
|
0.51
|
1.23
6
|
2,592
|
33
|
08-31-2018 |
12.21
|
0.12
6
|
1.17
|
1.29
|
(0.15
)
|
(0.92
)
|
(1.07
)
|
12.43
|
10.90
|
0.67
|
0.51
|
0.95
6
|
2,404
|
19
|
08-31-2017 |
11.27
|
0.11
6
|
1.58
|
1.69
|
(0.15
)
|
(0.60
)
|
(0.75
)
|
12.21
|
15.80
|
0.65
|
0.50
|
0.95
6
|
1,653
|
30
|
Class
R4 | ||||||||||||||
08-31-2021 |
11.26
|
0.12
6
|
3.06
|
3.18
|
(0.13
)
|
(0.53
)
|
(0.66
)
|
13.78
|
29.17
|
0.56
|
0.26
|
0.92
6
|
262
|
18
|
08-31-2020 |
10.74
|
0.15
6
|
1.63
|
1.78
|
(0.18
)
|
(1.08
)
|
(1.26
)
|
11.26
|
17.38
|
0.57
|
0.26
|
1.47
6
|
181
|
32
|
08-31-2019 |
12.43
|
0.15
6
|
(0.48
)
|
(0.33
)
|
(0.18
)
|
(1.18
)
|
(1.36
)
|
10.74
|
(1.13
)
|
0.54
|
0.26
|
1.38
6
|
174
|
33
|
08-31-2018 |
12.20
|
0.22
6
|
1.11
|
1.33
|
(0.18
)
|
(0.92
)
|
(1.10
)
|
12.43
|
11.23
|
0.52
|
0.26
|
1.79
6
|
263
|
19
|
08-31-2017 |
11.27
|
0.15
6
|
1.55
|
1.70
|
(0.17
)
|
(0.60
)
|
(0.77
)
|
12.20
|
16.00
|
0.50
|
0.25
|
1.33
6
|
489
|
30
|
Class
R5 | ||||||||||||||
08-31-2021 |
11.34
|
0.16
6
|
3.06
|
3.22
|
(0.15
)
|
(0.53
)
|
(0.68
)
|
13.88
|
29.36
|
0.26
|
0.06
|
1.23
6
|
3,009
|
18
|
08-31-2020 |
10.80
|
0.19
6
|
1.64
|
1.83
|
(0.21
)
|
(1.08
)
|
(1.29
)
|
11.34
|
17.71
|
0.27
|
0.06
|
1.79
6
|
1,990
|
32
|
08-31-2019 |
12.50
|
0.22
6
|
(0.54
)
|
(0.32
)
|
(0.20
)
|
(1.18
)
|
(1.38
)
|
10.80
|
(0.99
)
|
0.25
|
0.06
|
1.98
6
|
1,484
|
33
|
08-31-2018 |
12.27
|
0.19
6
|
1.17
|
1.36
|
(0.21
)
|
(0.92
)
|
(1.13
)
|
12.50
|
11.42
|
0.21
|
0.06
|
1.53
6
|
2,729
|
19
|
08-31-2017 |
11.32
|
0.20
6
|
1.55
|
1.75
|
(0.20
)
|
(0.60
)
|
(0.80
)
|
12.27
|
16.35
|
0.21
|
0.05
|
1.70
6
|
1,408
|
30
|
Class
R6 | ||||||||||||||
08-31-2021 |
11.31
|
0.15
6
|
3.08
|
3.23
|
(0.16
)
|
(0.53
)
|
(0.69
)
|
13.85
|
29.50
|
0.21
|
0.01
|
1.20
6
|
60,389
|
18
|
08-31-2020 |
10.78
|
0.19
6
|
1.63
|
1.82
|
(0.21
)
|
(1.08
)
|
(1.29
)
|
11.31
|
17.72
|
0.22
|
—
|
1.84
6
|
38,164
|
32
|
08-31-2019 |
12.48
|
0.18
6
|
(0.49
)
|
(0.31
)
|
(0.21
)
|
(1.18
)
|
(1.39
)
|
10.78
|
(0.89
)
|
0.20
|
—
|
1.70
6
|
29,020
|
33
|
08-31-2018 |
12.25
|
0.18
6
|
1.18
|
1.36
|
(0.21
)
|
(0.92
)
|
(1.13
)
|
12.48
|
11.48
|
0.16
|
—
|
1.44
6
|
12,631
|
19
|
08-31-2017 |
11.31
|
0.16
6
|
1.58
|
1.74
|
(0.20
)
|
(0.60
)
|
(0.80
)
|
12.25
|
16.34
|
0.15
|
—
|
1.40
6
|
4,941
|
30
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.02, $0.01, $0.02, $0.02 and $0.02 per share and 0.12%,
0.13%, 0.16%,
0.19% and 0.19%, for the periods ended 8-31-21, 8-31-20, 8-31-19, 8-31-18,
and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
11.50
|
0.11
6
|
2.95
|
3.06
|
(0.12
)
|
(0.56
)
|
(0.68
)
|
13.88
|
27.48
|
0.62
|
0.42
|
0.85
6
|
210,327
|
21
|
08-31-2020 |
10.91
|
0.16
6
|
1.63
|
1.79
|
(0.17
)
|
(1.03
)
|
(1.20
)
|
11.50
|
17.18
|
0.64
|
0.43
|
1.50
6
|
159,569
|
33
|
08-31-2019 |
12.56
|
0.15
6
|
(0.47
)
|
(0.32
)
|
(0.17
)
|
(1.16
)
|
(1.33
)
|
10.91
|
(1.09
)
|
0.60
|
0.41
|
1.35
6
|
127,736
|
33
|
08-31-2018 |
12.29
|
0.16
6
|
1.13
|
1.29
|
(0.17
)
|
(0.85
)
|
(1.02
)
|
12.56
|
10.83
|
0.56
|
0.41
|
1.26
6
|
127,662
|
19
|
08-31-2017 |
11.35
|
0.14
6
|
1.56
|
1.70
|
(0.16
)
|
(0.60
)
|
(0.76
)
|
12.29
|
15.81
|
0.56
|
0.42
|
1.24
6
|
108,511
|
32
|
Class
I | ||||||||||||||
08-31-2021 |
11.58
|
0.13
6
|
3.00
|
3.13
|
(0.15
)
|
(0.56
)
|
(0.71
)
|
14.00
|
27.96
|
0.32
|
0.11
|
1.04
6
|
1,468
|
21
|
08-31-2020 |
10.98
|
0.20
6
|
1.64
|
1.84
|
(0.21
)
|
(1.03
)
|
(1.24
)
|
11.58
|
17.51
|
0.34
|
0.13
|
1.88
6
|
645
|
33
|
08-31-2019 |
12.64
|
0.14
6
|
(0.44
)
|
(0.30
)
|
(0.20
)
|
(1.16
)
|
(1.36
)
|
10.98
|
(0.85
)
|
0.30
|
0.12
|
1.27
6
|
325
|
33
|
08-31-2018 |
12.36
|
0.27
6
|
1.07
|
1.34
|
(0.21
)
|
(0.85
)
|
(1.06
)
|
12.64
|
11.16
|
0.26
|
0.11
|
2.15
6
|
122
|
19
|
08-31-2017 |
11.41
|
0.19
6
|
1.55
|
1.74
|
(0.19
)
|
(0.60
)
|
(0.79
)
|
12.36
|
16.18
|
0.25
|
0.11
|
1.66
6
|
104
|
32
|
Class
R2 | ||||||||||||||
08-31-2021 |
11.53
|
0.10
6
|
2.96
|
3.06
|
(0.11
)
|
(0.56
)
|
(0.67
)
|
13.92
|
27.42
|
0.72
|
0.51
|
0.78
6
|
7,442
|
21
|
08-31-2020 |
10.94
|
0.16
6
|
1.63
|
1.79
|
(0.17
)
|
(1.03
)
|
(1.20
)
|
11.53
|
17.04
|
0.73
|
0.51
|
1.50
6
|
1,108
|
33
|
08-31-2019 |
12.58
|
0.11
6
|
(0.44
)
|
(0.33
)
|
(0.15
)
|
(1.16
)
|
(1.31
)
|
10.94
|
(1.18
)
|
0.69
|
0.51
|
1.04
6
|
987
|
33
|
08-31-2018 |
12.31
|
0.22
6
|
1.06
|
1.28
|
(0.16
)
|
(0.85
)
|
(1.01
)
|
12.58
|
10.71
|
0.67
|
0.52
|
1.77
6
|
651
|
19
|
08-31-2017 |
11.37
|
0.14
6
|
1.55
|
1.69
|
(0.15
)
|
(0.60
)
|
(0.75
)
|
12.31
|
15.69
|
0.64
|
0.50
|
1.23
6
|
1,288
|
32
|
Class
R4 | ||||||||||||||
08-31-2021 |
11.51
|
0.13
6
|
2.96
|
3.09
|
(0.14
)
|
(0.56
)
|
(0.70
)
|
13.90
|
27.71
|
0.57
|
0.26
|
1.02
6
|
387
|
21
|
08-31-2020 |
10.92
|
0.18
6
|
1.63
|
1.81
|
(0.19
)
|
(1.03
)
|
(1.22
)
|
11.51
|
17.35
|
0.58
|
0.26
|
1.66
6
|
276
|
33
|
08-31-2019 |
12.57
|
0.17
6
|
(0.48
)
|
(0.31
)
|
(0.18
)
|
(1.16
)
|
(1.34
)
|
10.92
|
(0.94
)
|
0.54
|
0.26
|
1.51
6
|
224
|
33
|
08-31-2018 |
12.30
|
0.22
6
|
1.09
|
1.31
|
(0.19
)
|
(0.85
)
|
(1.04
)
|
12.57
|
10.97
|
0.50
|
0.24
|
1.72
6
|
252
|
19
|
08-31-2017 |
11.36
|
0.18
6
|
1.54
|
1.72
|
(0.18
)
|
(0.60
)
|
(0.78
)
|
12.30
|
16.00
|
0.50
|
0.25
|
1.54
6
|
345
|
32
|
Class
R5 | ||||||||||||||
08-31-2021 |
11.60
|
0.18
6
|
2.96
|
3.14
|
(0.16
)
|
(0.56
)
|
(0.72
)
|
14.02
|
27.97
|
0.27
|
0.06
|
1.34
6
|
2,404
|
21
|
08-31-2020 |
10.99
|
0.18
6
|
1.67
|
1.85
|
(0.21
)
|
(1.03
)
|
(1.24
)
|
11.60
|
17.66
|
0.28
|
0.06
|
1.73
6
|
327
|
33
|
08-31-2019 |
12.65
|
0.23
6
|
(0.52
)
|
(0.29
)
|
(0.21
)
|
(1.16
)
|
(1.37
)
|
10.99
|
(0.78
)
|
0.25
|
0.06
|
1.99
6
|
192
|
33
|
08-31-2018 |
12.37
|
0.21
6
|
1.14
|
1.35
|
(0.22
)
|
(0.85
)
|
(1.07
)
|
12.65
|
11.22
|
0.21
|
0.06
|
1.65
6
|
830
|
19
|
08-31-2017 |
11.42
|
0.20
6
|
1.55
|
1.75
|
(0.20
)
|
(0.60
)
|
(0.80
)
|
12.37
|
16.25
|
0.20
|
0.05
|
1.72
6
|
818
|
32
|
Class
R6 | ||||||||||||||
08-31-2021 |
11.57
|
0.16
6
|
2.97
|
3.13
|
(0.16
)
|
(0.56
)
|
(0.72
)
|
13.98
|
28.02
|
0.22
|
0.01
|
1.24
6
|
70,130
|
21
|
08-31-2020 |
10.97
|
0.20
6
|
1.65
|
1.85
|
(0.22
)
|
(1.03
)
|
(1.25
)
|
11.57
|
17.66
|
0.23
|
—
|
1.88
6
|
38,274
|
33
|
08-31-2019 |
12.63
|
0.20
6
|
(0.49
)
|
(0.29
)
|
(0.21
)
|
(1.16
)
|
(1.37
)
|
10.97
|
(0.71
)
|
0.19
|
—
|
1.85
6
|
28,782
|
33
|
08-31-2018 |
12.35
|
0.18
6
|
1.17
|
1.35
|
(0.22
)
|
(0.85
)
|
(1.07
)
|
12.63
|
11.29
|
0.16
|
—
|
1.43
6
|
14,476
|
19
|
08-31-2017 |
11.41
|
0.18
6
|
1.57
|
1.75
|
(0.21
)
|
(0.60
)
|
(0.81
)
|
12.35
|
16.24
|
0.15
|
—
|
1.53
6
|
4,053
|
32
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.01, $0.01, $0.02, $0.02 and $0.02 per share and 0.11%,
0.12%, 0.16%
0.19%, and 0.19%, for the periods ended 8-31-21, 8-31-20, 8-31-19,
8-31-18, and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
11.39
|
0.13
6
|
2.63
|
2.76
|
(0.12
)
|
(0.57
)
|
(0.69
)
|
13.46
|
25.10
|
0.63
|
0.42
|
1.01
6
|
243,658
|
26
|
08-31-2020 |
10.89
|
0.17
6
|
1.52
|
1.69
|
(0.19
)
|
(1.00
)
|
(1.19
)
|
11.39
|
16.21
|
0.64
|
0.43
|
1.58
6
|
188,821
|
34
|
08-31-2019 |
12.38
|
0.17
6
|
(0.40
)
|
(0.23
)
|
(0.18
)
|
(1.08
)
|
(1.26
)
|
10.89
|
(0.46
)
|
0.59
|
0.41
|
1.51
6
|
146,789
|
34
|
08-31-2018 |
12.28
|
0.17
6
|
1.02
|
1.19
|
(0.18
)
|
(0.91
)
|
(1.09
)
|
12.38
|
10.05
|
0.56
|
0.41
|
1.38
6
|
152,404
|
19
|
08-31-2017 |
11.40
|
0.16
6
|
1.46
|
1.62
|
(0.16
)
|
(0.58
)
|
(0.74
)
|
12.28
|
15.05
|
0.55
|
0.42
|
1.38
6
|
125,348
|
35
|
Class
I | ||||||||||||||
08-31-2021 |
11.45
|
0.09
6
|
2.73
|
2.82
|
(0.16
)
|
(0.57
)
|
(0.73
)
|
13.54
|
25.53
|
0.33
|
0.11
|
0.76
6
|
100
|
26
|
08-31-2020 |
10.96
|
0.09
6
|
1.64
|
1.73
|
(0.24
)
|
(1.00
)
|
(1.24
)
|
11.45
|
16.50
|
0.34
|
0.13
|
0.92
6
|
16
|
34
|
08-31-2019 |
12.46
|
0.28
6
|
(0.48
)
|
(0.20
)
|
(0.22
)
|
(1.08
)
|
(1.30
)
|
10.96
|
(0.18
)
|
0.31
|
0.13
|
2.38
6
|
2
|
34
|
08-31-2018 |
12.36
|
0.21
6
|
1.02
|
1.23
|
(0.22
)
|
(0.91
)
|
(1.13
)
|
12.46
|
10.30
|
0.26
|
0.11
|
1.72
6
|
347
|
19
|
08-31-2017 |
11.47
|
0.19
6
|
1.48
|
1.67
|
(0.20
)
|
(0.58
)
|
(0.78
)
|
12.36
|
15.41
|
0.24
|
0.11
|
1.62
6
|
273
|
35
|
Class
R2 | ||||||||||||||
08-31-2021 |
11.44
|
0.13
6
|
2.65
|
2.78
|
(0.12
)
|
(0.57
)
|
(0.69
)
|
13.53
|
25.09
|
0.72
|
0.51
|
1.01
6
|
10,905
|
26
|
08-31-2020 |
10.93
|
0.16
6
|
1.53
|
1.69
|
(0.18
)
|
(1.00
)
|
(1.18
)
|
11.44
|
16.13
|
0.73
|
0.51
|
1.56
6
|
3,075
|
34
|
08-31-2019 |
12.42
|
0.16
6
|
(0.40
)
|
(0.24
)
|
(0.17
)
|
(1.08
)
|
(1.25
)
|
10.93
|
(0.57
)
|
0.69
|
0.51
|
1.42
6
|
2,021
|
34
|
08-31-2018 |
12.32
|
0.14
6
|
1.04
|
1.18
|
(0.17
)
|
(0.91
)
|
(1.08
)
|
12.42
|
9.91
|
0.66
|
0.51
|
1.17
6
|
2,064
|
19
|
08-31-2017 |
11.44
|
0.12
6
|
1.50
|
1.62
|
(0.16
)
|
(0.58
)
|
(0.74
)
|
12.32
|
14.91
|
0.64
|
0.50
|
1.02
6
|
1,577
|
35
|
Class
R4 | ||||||||||||||
08-31-2021 |
11.45
|
0.15
6
|
2.65
|
2.80
|
(0.14
)
|
(0.57
)
|
(0.71
)
|
13.54
|
25.33
|
0.56
|
0.24
|
1.16
6
|
128
|
26
|
08-31-2020 |
10.94
|
0.19
6
|
1.53
|
1.72
|
(0.21
)
|
(1.00
)
|
(1.21
)
|
11.45
|
16.42
|
0.58
|
0.26
|
1.79
6
|
91
|
34
|
08-31-2019 |
12.44
|
0.17
6
|
(0.39
)
|
(0.22
)
|
(0.20
)
|
(1.08
)
|
(1.28
)
|
10.94
|
(0.37
)
|
0.54
|
0.26
|
1.49
6
|
87
|
34
|
08-31-2018 |
12.34
|
0.19
6
|
1.02
|
1.21
|
(0.20
)
|
(0.91
)
|
(1.11
)
|
12.44
|
10.17
|
0.50
|
0.25
|
1.53
6
|
627
|
19
|
08-31-2017 |
11.46
|
0.20
6
|
1.44
|
1.64
|
(0.18
)
|
(0.58
)
|
(0.76
)
|
12.34
|
15.18
|
0.50
|
0.25
|
1.68
6
|
509
|
35
|
Class
R5 | ||||||||||||||
08-31-2021 |
11.48
|
0.18
6
|
2.66
|
2.84
|
(0.16
)
|
(0.57
)
|
(0.73
)
|
13.59
|
25.64
|
0.28
|
0.06
|
1.45
6
|
4,223
|
26
|
08-31-2020 |
10.96
|
0.20
6
|
1.55
|
1.75
|
(0.23
)
|
(1.00
)
|
(1.23
)
|
11.48
|
16.71
|
0.28
|
0.06
|
1.89
6
|
260
|
34
|
08-31-2019 |
12.46
|
0.21
6
|
(0.41
)
|
(0.20
)
|
(0.22
)
|
(1.08
)
|
(1.30
)
|
10.96
|
(0.13
)
|
0.24
|
0.06
|
1.79
6
|
289
|
34
|
08-31-2018 |
12.36
|
0.21
6
|
1.02
|
1.23
|
(0.22
)
|
(0.91
)
|
(1.13
)
|
12.46
|
10.36
|
0.21
|
0.06
|
1.71
6
|
1,008
|
19
|
08-31-2017 |
11.48
|
0.22
6
|
1.45
|
1.67
|
(0.21
)
|
(0.58
)
|
(0.79
)
|
12.36
|
15.39
|
0.20
|
0.05
|
1.84
6
|
796
|
35
|
Class
R6 | ||||||||||||||
08-31-2021 |
11.47
|
0.18
6
|
2.67
|
2.85
|
(0.17
)
|
(0.57
)
|
(0.74
)
|
13.58
|
25.73
|
0.23
|
0.01
|
1.40
6
|
80,488
|
26
|
08-31-2020 |
10.96
|
0.20
6
|
1.54
|
1.74
|
(0.23
)
|
(1.00
)
|
(1.23
)
|
11.47
|
16.68
|
0.23
|
—
|
1.87
6
|
46,792
|
34
|
08-31-2019 |
12.46
|
0.20
6
|
(0.39
)
|
(0.19
)
|
(0.23
)
|
(1.08
)
|
(1.31
)
|
10.96
|
(0.05
)
|
0.19
|
—
|
1.88
6
|
31,906
|
34
|
08-31-2018 |
12.35
|
0.20
6
|
1.05
|
1.25
|
(0.23
)
|
(0.91
)
|
(1.14
)
|
12.46
|
10.51
|
0.16
|
—
|
1.61
6
|
17,412
|
19
|
08-31-2017 |
11.47
|
0.20
6
|
1.47
|
1.67
|
(0.21
)
|
(0.58
)
|
(0.79
)
|
12.35
|
15.46
|
0.15
|
—
|
1.73
6
|
6,317
|
35
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.01, $0.01, $0.02, $0.02 and $0.02 per share and 0.08%
0.09%, 0.15%,
0.19%, and 0.19%, for the periods ended 8-31-21, 8-31-20, 8-31-19,
8-31-18, and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
11.10
|
0.14
6
|
2.26
|
2.40
|
(0.14
)
|
(0.52
)
|
(0.66
)
|
12.84
|
22.37
|
0.64
|
0.42
|
1.21
6
|
290,842
|
30
|
08-31-2020 |
10.64
|
0.17
6
|
1.36
|
1.53
|
(0.19
)
|
(0.88
)
|
(1.07
)
|
11.10
|
15.07
|
0.65
|
0.43
|
1.68
6
|
226,690
|
33
|
08-31-2019 |
11.87
|
0.19
6
|
(0.26
)
|
(0.07
)
|
(0.21
)
|
(0.95
)
|
(1.16
)
|
10.64
|
0.69
|
0.60
|
0.41
|
1.74
6
|
182,499
|
40
|
08-31-2018 |
11.91
|
0.19
6
|
0.83
|
1.02
|
(0.20
)
|
(0.86
)
|
(1.06
)
|
11.87
|
8.79
|
0.56
|
0.41
|
1.60
6
|
185,975
|
20
|
08-31-2017 |
11.17
|
0.18
6
|
1.28
|
1.46
|
(0.18
)
|
(0.54
)
|
(0.72
)
|
11.91
|
13.84
|
0.55
|
0.42
|
1.55
6
|
160,943
|
36
|
Class
I | ||||||||||||||
08-31-2021 |
11.07
|
0.19
6
|
2.25
|
2.44
|
(0.17
)
|
(0.52
)
|
(0.69
)
|
12.82
|
22.84
|
0.34
|
0.12
|
1.59
6
|
1,754
|
30
|
08-31-2020 |
10.61
|
0.19
6
|
1.38
|
1.57
|
(0.23
)
|
(0.88
)
|
(1.11
)
|
11.07
|
15.44
|
0.35
|
0.13
|
1.86
6
|
1,260
|
33
|
08-31-2019 |
11.85
|
0.21
6
|
(0.26
)
|
(0.05
)
|
(0.24
)
|
(0.95
)
|
(1.19
)
|
10.61
|
0.96
|
0.31
|
0.13
|
2.01
6
|
891
|
40
|
08-31-2018 |
11.90
|
0.20
6
|
0.84
|
1.04
|
(0.23
)
|
(0.86
)
|
(1.09
)
|
11.85
|
9.01
|
0.26
|
0.11
|
1.70
6
|
755
|
20
|
08-31-2017 |
11.16
|
0.21
6
|
1.28
|
1.49
|
(0.21
)
|
(0.54
)
|
(0.75
)
|
11.90
|
14.22
|
0.24
|
0.11
|
1.89
6
|
324
|
36
|
Class
R2 | ||||||||||||||
08-31-2021 |
11.01
|
0.14
6
|
2.23
|
2.37
|
(0.13
)
|
(0.52
)
|
(0.65
)
|
12.73
|
22.29
|
0.73
|
0.51
|
1.13
6
|
12,297
|
30
|
08-31-2020 |
10.56
|
0.17
6
|
1.35
|
1.52
|
(0.19
)
|
(0.88
)
|
(1.07
)
|
11.01
|
15.00
|
0.74
|
0.52
|
1.62
6
|
3,304
|
33
|
08-31-2019 |
11.79
|
0.19
6
|
(0.27
)
|
(0.08
)
|
(0.20
)
|
(0.95
)
|
(1.15
)
|
10.56
|
0.58
|
0.68
|
0.50
|
1.82
6
|
2,744
|
40
|
08-31-2018 |
11.84
|
0.18
6
|
0.82
|
1.00
|
(0.19
)
|
(0.86
)
|
(1.05
)
|
11.79
|
8.66
|
0.66
|
0.51
|
1.52
6
|
2,347
|
20
|
08-31-2017 |
11.11
|
0.16
6
|
1.28
|
1.44
|
(0.17
)
|
(0.54
)
|
(0.71
)
|
11.84
|
13.74
|
0.63
|
0.50
|
1.44
6
|
3,254
|
36
|
Class
R4 | ||||||||||||||
08-31-2021 |
11.04
|
0.16
6
|
2.26
|
2.42
|
(0.16
)
|
(0.52
)
|
(0.68
)
|
12.78
|
22.67
|
0.58
|
0.26
|
1.36
6
|
845
|
30
|
08-31-2020 |
10.59
|
0.20
6
|
1.34
|
1.54
|
(0.21
)
|
(0.88
)
|
(1.09
)
|
11.04
|
15.23
|
0.59
|
0.27
|
1.91
6
|
556
|
33
|
08-31-2019 |
11.82
|
0.22
6
|
(0.28
)
|
(0.06
)
|
(0.22
)
|
(0.95
)
|
(1.17
)
|
10.59
|
0.86
|
0.54
|
0.26
|
2.07
6
|
451
|
40
|
08-31-2018 |
11.87
|
0.22
6
|
0.80
|
1.02
|
(0.21
)
|
(0.86
)
|
(1.07
)
|
11.82
|
8.88
|
0.51
|
0.25
|
1.85
6
|
509
|
20
|
08-31-2017 |
11.14
|
0.20
6
|
1.27
|
1.47
|
(0.20
)
|
(0.54
)
|
(0.74
)
|
11.87
|
13.99
|
0.50
|
0.25
|
1.81
6
|
820
|
36
|
Class
R5 | ||||||||||||||
08-31-2021 |
11.06
|
0.20
6
|
2.25
|
2.45
|
(0.18
)
|
(0.52
)
|
(0.70
)
|
12.81
|
22.92
|
0.28
|
0.06
|
1.66
6
|
6,770
|
30
|
08-31-2020 |
10.61
|
0.25
6
|
1.31
|
1.56
|
(0.23
)
|
(0.88
)
|
(1.11
)
|
11.06
|
15.44
|
0.28
|
0.06
|
2.36
6
|
747
|
33
|
08-31-2019 |
11.85
|
0.22
6
|
(0.26
)
|
(0.04
)
|
(0.25
)
|
(0.95
)
|
(1.20
)
|
10.61
|
1.03
|
0.25
|
0.06
|
2.08
6
|
947
|
40
|
08-31-2018 |
11.89
|
0.22
6
|
0.84
|
1.06
|
(0.24
)
|
(0.86
)
|
(1.10
)
|
11.85
|
9.19
|
0.21
|
0.06
|
1.90
6
|
1,902
|
20
|
08-31-2017 |
11.16
|
0.23
6
|
1.26
|
1.49
|
(0.22
)
|
(0.54
)
|
(0.76
)
|
11.89
|
14.20
|
0.19
|
0.05
|
2.06
6
|
1,305
|
36
|
Class
R6 | ||||||||||||||
08-31-2021 |
11.06
|
0.19
6
|
2.26
|
2.45
|
(0.18
)
|
(0.52
)
|
(0.70
)
|
12.81
|
22.98
|
0.23
|
0.01
|
1.59
6
|
89,308
|
30
|
08-31-2020 |
10.61
|
0.21
6
|
1.36
|
1.57
|
(0.24
)
|
(0.88
)
|
(1.12
)
|
11.06
|
15.50
|
0.23
|
—
|
2.05
6
|
53,240
|
33
|
08-31-2019 |
11.85
|
0.22
6
|
(0.25
)
|
(0.03
)
|
(0.26
)
|
(0.95
)
|
(1.21
)
|
10.61
|
1.10
|
0.20
|
—
|
2.08
6
|
38,634
|
40
|
08-31-2018 |
11.89
|
0.21
6
|
0.85
|
1.06
|
(0.24
)
|
(0.86
)
|
(1.10
)
|
11.85
|
9.24
|
0.16
|
—
|
1.79
6
|
21,191
|
20
|
08-31-2017 |
11.16
|
0.20
6
|
1.30
|
1.50
|
(0.23
)
|
(0.54
)
|
(0.77
)
|
11.89
|
14.26
|
0.14
|
—
|
1.76
6
|
7,367
|
36
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.01, $0.01, $0.02, $0.02 and $0.02 per share and 0.09%,
0.10%, 0.16%,
0.20% and 0.20%, for the periods ended 8-31-21, 8-31-20, 8-31-19, 8-31-18,
and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
10.79
|
0.17
6
|
1.88
|
2.05
|
(0.16
)
|
(0.51
)
|
(0.67
)
|
12.17
|
19.63
|
0.66
|
0.42
|
1.49
6
|
270,307
|
30
|
08-31-2020 |
10.44
|
0.18
6
|
1.14
|
1.32
|
(0.21
)
|
(0.76
)
|
(0.97
)
|
10.79
|
13.24
|
0.66
|
0.43
|
1.75
6
|
213,868
|
35
|
08-31-2019 |
11.46
|
0.21
6
|
(0.14
)
|
0.07
|
(0.23
)
|
(0.86
)
|
(1.09
)
|
10.44
|
1.80
|
0.60
|
0.41
|
2.01
6
|
180,550
|
39
|
08-31-2018 |
11.62
|
0.21
6
|
0.63
|
0.84
|
(0.22
)
|
(0.78
)
|
(1.00
)
|
11.46
|
7.40
|
0.56
|
0.41
|
1.83
6
|
176,446
|
21
|
08-31-2017 |
11.07
|
0.20
6
|
1.08
|
1.28
|
(0.21
)
|
(0.52
)
|
(0.73
)
|
11.62
|
12.22
|
0.55
|
0.42
|
1.78
6
|
157,054
|
37
|
Class
I | ||||||||||||||
08-31-2021 |
10.76
|
0.22
6
|
1.85
|
2.07
|
(0.19
)
|
(0.51
)
|
(0.70
)
|
12.13
|
19.90
|
0.36
|
0.12
|
1.90
6
|
2,701
|
30
|
08-31-2020 |
10.41
|
0.20
6
|
1.16
|
1.36
|
(0.25
)
|
(0.76
)
|
(1.01
)
|
10.76
|
13.61
|
0.36
|
0.13
|
1.96
6
|
2,094
|
35
|
08-31-2019 |
11.43
|
0.15
6
|
(0.05
)
|
0.10
|
(0.26
)
|
(0.86
)
|
(1.12
)
|
10.41
|
2.17
|
0.31
|
0.12
|
1.55
6
|
1,502
|
39
|
08-31-2018 |
11.59
|
0.24
6
|
0.63
|
0.87
|
(0.25
)
|
(0.78
)
|
(1.03
)
|
11.43
|
7.73
|
0.27
|
0.11
|
2.09
6
|
81
|
21
|
08-31-2017 |
11.04
|
0.23
6
|
1.08
|
1.31
|
(0.24
)
|
(0.52
)
|
(0.76
)
|
11.59
|
12.61
|
0.24
|
0.11
|
2.05
6
|
165
|
37
|
Class
R2 | ||||||||||||||
08-31-2021 |
10.71
|
0.17
6
|
1.85
|
2.02
|
(0.15
)
|
(0.51
)
|
(0.66
)
|
12.07
|
19.51
|
0.72
|
0.48
|
1.46
6
|
13,021
|
30
|
08-31-2020 |
10.37
|
0.16
6
|
1.15
|
1.31
|
(0.21
)
|
(0.76
)
|
(0.97
)
|
10.71
|
13.16
|
0.75
|
0.52
|
1.62
6
|
4,775
|
35
|
08-31-2019 |
11.39
|
0.18
6
|
(0.12
)
|
0.06
|
(0.22
)
|
(0.86
)
|
(1.08
)
|
10.37
|
1.71
|
0.69
|
0.50
|
1.80
6
|
4,273
|
39
|
08-31-2018 |
11.56
|
0.20
6
|
0.62
|
0.82
|
(0.21
)
|
(0.78
)
|
(0.99
)
|
11.39
|
7.26
|
0.66
|
0.50
|
1.75
6
|
2,723
|
21
|
08-31-2017 |
11.01
|
0.16
6
|
1.11
|
1.27
|
(0.20
)
|
(0.52
)
|
(0.72
)
|
11.56
|
12.20
|
0.64
|
0.50
|
1.49
6
|
2,593
|
37
|
Class
R4 | ||||||||||||||
08-31-2021 |
10.76
|
0.19
6
|
1.86
|
2.05
|
(0.17
)
|
(0.51
)
|
(0.68
)
|
12.13
|
19.76
|
0.59
|
0.25
|
1.65
6
|
698
|
30
|
08-31-2020 |
10.41
|
0.20
6
|
1.14
|
1.34
|
(0.23
)
|
(0.76
)
|
(0.99
)
|
10.76
|
13.45
|
0.60
|
0.26
|
1.95
6
|
488
|
35
|
08-31-2019 |
11.44
|
0.23
6
|
(0.15
)
|
0.08
|
(0.25
)
|
(0.86
)
|
(1.11
)
|
10.41
|
1.91
|
0.55
|
0.26
|
2.22
6
|
736
|
39
|
08-31-2018 |
11.60
|
0.22
6
|
0.64
|
0.86
|
(0.24
)
|
(0.78
)
|
(1.02
)
|
11.44
|
7.56
|
0.52
|
0.26
|
1.96
6
|
759
|
21
|
08-31-2017 |
11.05
|
0.22
6
|
1.08
|
1.30
|
(0.23
)
|
(0.52
)
|
(0.75
)
|
11.60
|
12.45
|
0.49
|
0.25
|
1.99
6
|
785
|
37
|
Class
R5 | ||||||||||||||
08-31-2021 |
10.75
|
0.23
6
|
1.84
|
2.07
|
(0.19
)
|
(0.51
)
|
(0.70
)
|
12.12
|
19.98
|
0.30
|
0.06
|
1.98
6
|
4,855
|
30
|
08-31-2020 |
10.40
|
0.23
6
|
1.13
|
1.36
|
(0.25
)
|
(0.76
)
|
(1.01
)
|
10.75
|
13.71
|
0.30
|
0.06
|
2.25
6
|
1,251
|
35
|
08-31-2019 |
11.43
|
0.25
6
|
(0.15
)
|
0.10
|
(0.27
)
|
(0.86
)
|
(1.13
)
|
10.40
|
2.14
|
0.25
|
0.07
|
2.37
6
|
1,342
|
39
|
08-31-2018 |
11.60
|
0.23
6
|
0.64
|
0.87
|
(0.26
)
|
(0.78
)
|
(1.04
)
|
11.43
|
7.71
|
0.21
|
0.05
|
2.06
6
|
1,635
|
21
|
08-31-2017 |
11.05
|
0.27
6
|
1.05
|
1.32
|
(0.25
)
|
(0.52
)
|
(0.77
)
|
11.60
|
12.68
|
0.19
|
0.05
|
2.47
6
|
1,182
|
37
|
Class
R6 | ||||||||||||||
08-31-2021 |
10.74
|
0.21
6
|
1.87
|
2.08
|
(0.20
)
|
(0.51
)
|
(0.71
)
|
12.11
|
20.06
|
0.25
|
0.01
|
1.89
6
|
70,692
|
30
|
08-31-2020 |
10.40
|
0.21
6
|
1.15
|
1.36
|
(0.26
)
|
(0.76
)
|
(1.02
)
|
10.74
|
13.67
|
0.25
|
—
|
2.12
6
|
48,742
|
35
|
08-31-2019 |
11.42
|
0.25
6
|
(0.13
)
|
0.12
|
(0.28
)
|
(0.86
)
|
(1.14
)
|
10.40
|
2.31
|
0.20
|
—
|
2.44
6
|
38,659
|
39
|
08-31-2018 |
11.59
|
0.24
6
|
0.64
|
0.88
|
(0.27
)
|
(0.78
)
|
(1.05
)
|
11.42
|
7.77
|
0.17
|
—
|
2.14
6
|
22,698
|
21
|
08-31-2017 |
11.04
|
0.21
6
|
1.11
|
1.32
|
(0.25
)
|
(0.52
)
|
(0.77
)
|
11.59
|
12.75
|
0.14
|
—
|
1.88
6
|
8,987
|
37
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.01, $0.01, $0.02, $0.02 and $0.02 per share and 0.08%,
0.09%, 0.15%,
0.19% and 0.20%, for the periods ended 8-31-21, 8-31-20, 8-31-19, 8-31-18,
and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
10.06
|
0.19
6
|
1.39
|
1.58
|
(0.18
)
|
(0.56
)
|
(0.74
)
|
10.90
|
16.29
|
0.69
|
0.42
|
1.79
6
|
234,516
|
29
|
08-31-2020 |
9.89
|
0.18
6
|
0.89
|
1.07
|
(0.23
)
|
(0.67
)
|
(0.90
)
|
10.06
|
11.32
|
0.69
|
0.43
|
1.93
6
|
193,591
|
37
|
08-31-2019 |
10.66
|
0.22
6
|
(0.03
)
|
0.19
|
(0.24
)
|
(0.72
)
|
(0.96
)
|
9.89
|
2.89
|
0.62
|
0.41
|
2.27
6
|
171,370
|
40
|
08-31-2018 |
10.93
|
0.22
6
|
0.41
|
0.63
|
(0.23
)
|
(0.67
)
|
(0.90
)
|
10.66
|
5.92
|
0.57
|
0.41
|
2.02
6
|
171,973
|
19
|
08-31-2017 |
10.64
|
0.22
6
|
0.82
|
1.04
|
(0.23
)
|
(0.52
)
|
(0.75
)
|
10.93
|
10.42
|
0.55
|
0.42
|
2.05
6
|
144,135
|
35
|
Class
I | ||||||||||||||
08-31-2021 |
10.08
|
0.21
6
|
1.39
|
1.60
|
(0.20
)
|
(0.56
)
|
(0.76
)
|
10.92
|
16.57
|
0.39
|
0.12
|
2.04
6
|
446
|
29
|
08-31-2020 |
9.90
|
0.20
6
|
0.91
|
1.11
|
(0.26
)
|
(0.67
)
|
(0.93
)
|
10.08
|
11.75
|
0.39
|
0.12
|
2.12
6
|
477
|
37
|
08-31-2019 |
10.67
|
0.26
6
|
(0.04
)
|
0.22
|
(0.27
)
|
(0.72
)
|
(0.99
)
|
9.90
|
3.23
|
0.33
|
0.13
|
2.63
6
|
230
|
40
|
08-31-2018 |
10.94
|
0.23
6
|
0.43
|
0.66
|
(0.26
)
|
(0.67
)
|
(0.93
)
|
10.67
|
6.23
|
0.28
|
0.11
|
2.21
6
|
705
|
19
|
08-31-2017 |
10.65
|
0.24
6
|
0.83
|
1.07
|
(0.26
)
|
(0.52
)
|
(0.78
)
|
10.94
|
10.76
|
0.24
|
0.11
|
2.31
6
|
155
|
35
|
Class
R2 | ||||||||||||||
08-31-2021 |
10.01
|
0.19
6
|
1.37
|
1.56
|
(0.17
)
|
(0.56
)
|
(0.73
)
|
10.84
|
16.20
|
0.73
|
0.45
|
1.86
6
|
6,093
|
29
|
08-31-2020 |
9.84
|
0.18
6
|
0.89
|
1.07
|
(0.23
)
|
(0.67
)
|
(0.90
)
|
10.01
|
11.30
|
0.77
|
0.51
|
1.88
6
|
1,014
|
37
|
08-31-2019 |
10.61
|
0.22
6
|
(0.04
)
|
0.18
|
(0.23
)
|
(0.72
)
|
(0.95
)
|
9.84
|
2.77
|
0.71
|
0.51
|
2.23
6
|
1,098
|
40
|
08-31-2018 |
10.89
|
0.20
6
|
0.41
|
0.61
|
(0.22
)
|
(0.67
)
|
(0.89
)
|
10.61
|
5.74
|
0.67
|
0.51
|
1.86
6
|
1,440
|
19
|
08-31-2017 |
10.60
|
0.21
6
|
0.82
|
1.03
|
(0.22
)
|
(0.52
)
|
(0.74
)
|
10.89
|
10.37
|
0.65
|
0.50
|
2.02
6
|
1,778
|
35
|
Class
R4 | ||||||||||||||
08-31-2021 |
10.01
|
0.21
6
|
1.38
|
1.59
|
(0.19
)
|
(0.56
)
|
(0.75
)
|
10.85
|
16.55
|
0.63
|
0.25
|
2.04
6
|
599
|
29
|
08-31-2020 |
9.85
|
0.21
6
|
0.87
|
1.08
|
(0.25
)
|
(0.67
)
|
(0.92
)
|
10.01
|
11.45
|
0.63
|
0.27
|
2.23
6
|
144
|
37
|
08-31-2019 |
10.62
|
0.23
6
|
(0.02
)
|
0.21
|
(0.26
)
|
(0.72
)
|
(0.98
)
|
9.85
|
3.07
|
0.56
|
0.26
|
2.39
6
|
239
|
40
|
08-31-2018 |
10.89
|
0.27
6
|
0.37
|
0.64
|
(0.24
)
|
(0.67
)
|
(0.91
)
|
10.62
|
6.11
|
0.52
|
0.25
|
2.51
6
|
211
|
19
|
08-31-2017 |
10.61
|
0.25
6
|
0.80
|
1.05
|
(0.25
)
|
(0.52
)
|
(0.77
)
|
10.89
|
10.55
|
0.50
|
0.25
|
2.35
6
|
513
|
35
|
Class
R5 | ||||||||||||||
08-31-2021 |
10.06
|
0.23
6
|
1.38
|
1.61
|
(0.21
)
|
(0.56
)
|
(0.77
)
|
10.90
|
16.68
|
0.33
|
0.06
|
2.23
6
|
8,917
|
29
|
08-31-2020 |
9.89
|
0.23
6
|
0.88
|
1.11
|
(0.27
)
|
(0.67
)
|
(0.94
)
|
10.06
|
11.74
|
0.33
|
0.06
|
2.37
6
|
3,949
|
37
|
08-31-2019 |
10.66
|
0.27
6
|
(0.04
)
|
0.23
|
(0.28
)
|
(0.72
)
|
(1.00
)
|
9.89
|
3.29
|
0.27
|
0.06
|
2.71
6
|
3,778
|
40
|
08-31-2018 |
10.93
|
0.25
6
|
0.42
|
0.67
|
(0.27
)
|
(0.67
)
|
(0.94
)
|
10.66
|
6.29
|
0.22
|
0.06
|
2.37
6
|
5,384
|
19
|
08-31-2017 |
10.64
|
0.25
6
|
0.83
|
1.08
|
(0.27
)
|
(0.52
)
|
(0.79
)
|
10.93
|
10.84
|
0.20
|
0.05
|
2.40
6
|
4,687
|
35
|
Class
R6 | ||||||||||||||
08-31-2021 |
10.04
|
0.23
6
|
1.38
|
1.61
|
(0.21
)
|
(0.56
)
|
(0.77
)
|
10.88
|
16.77
|
0.29
|
0.01
|
2.24
6
|
33,944
|
29
|
08-31-2020 |
9.87
|
0.23
6
|
0.89
|
1.12
|
(0.28
)
|
(0.67
)
|
(0.95
)
|
10.04
|
11.82
|
0.28
|
—
|
2.39
6
|
28,864
|
37
|
08-31-2019 |
10.65
|
0.26
6
|
(0.03
)
|
0.23
|
(0.29
)
|
(0.72
)
|
(1.01
)
|
9.87
|
3.28
|
0.21
|
—
|
2.67
6
|
28,384
|
40
|
08-31-2018 |
10.92
|
0.25
6
|
0.42
|
0.67
|
(0.27
)
|
(0.67
)
|
(0.94
)
|
10.65
|
6.36
|
0.17
|
—
|
2.32
6
|
16,997
|
19
|
08-31-2017 |
10.63
|
0.24
6
|
0.84
|
1.08
|
(0.27
)
|
(0.52
)
|
(0.79
)
|
10.92
|
10.92
|
0.15
|
—
|
2.31
6
|
10,285
|
35
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.01, $0.01, $0.02, $0.02 and $0.02 per share and 0.07%,
0.09%, 0.15%,
0.20% and 0.21%, for the periods ended 8-31-21, 8-31-20, 8-31-19, 8-31-18,
and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
9.15
|
0.19
6
|
1.08
|
1.27
|
(0.18
)
|
(0.51
)
|
(0.69
)
|
9.73
|
14.43
|
0.75
|
0.42
|
2.00
6
|
109,061
|
27
|
08-31-2020 |
9.12
|
0.18
6
|
0.66
|
0.84
|
(0.23
)
|
(0.58
)
|
(0.81
)
|
9.15
|
9.64
|
0.76
|
0.43
|
2.06
6
|
97,644
|
41
|
08-31-2019 |
9.75
|
0.23
6
|
0.04
|
0.27
|
(0.26
)
|
(0.64
)
|
(0.90
)
|
9.12
|
3.85
|
0.66
|
0.41
|
2.53
6
|
91,688
|
41
|
08-31-2018 |
10.13
|
0.22
6
|
0.23
|
0.45
|
(0.24
)
|
(0.59
)
|
(0.83
)
|
9.75
|
4.54
|
0.60
|
0.41
|
2.22
6
|
98,847
|
17
|
08-31-2017 |
10.02
|
0.22
6
|
0.60
|
0.82
|
(0.24
)
|
(0.47
)
|
(0.71
)
|
10.13
|
8.81
|
0.58
|
0.42
|
2.26
6
|
90,426
|
38
|
Class
I | ||||||||||||||
08-31-2021 |
9.16
|
0.22
6
|
1.07
|
1.29
|
(0.20
)
|
(0.51
)
|
(0.71
)
|
9.74
|
14.73
|
0.45
|
0.12
|
2.31
6
|
863
|
27
|
08-31-2020 |
9.13
|
0.21
6
|
0.66
|
0.87
|
(0.26
)
|
(0.58
)
|
(0.84
)
|
9.16
|
9.97
|
0.46
|
0.13
|
2.38
6
|
823
|
41
|
08-31-2019 |
9.76
|
0.25
6
|
0.05
|
0.30
|
(0.29
)
|
(0.64
)
|
(0.93
)
|
9.13
|
4.21
|
0.37
|
0.13
|
2.82
6
|
670
|
41
|
08-31-2018 |
10.14
|
0.24
6
|
0.24
|
0.48
|
(0.27
)
|
(0.59
)
|
(0.86
)
|
9.76
|
4.85
|
0.31
|
0.11
|
2.49
6
|
610
|
17
|
08-31-2017 |
10.02
|
0.22
6
|
0.65
|
0.87
|
(0.28
)
|
(0.47
)
|
(0.75
)
|
10.14
|
9.27
|
0.27
|
0.11
|
2.27
6
|
369
|
38
|
Class
R2 | ||||||||||||||
08-31-2021 |
9.09
|
0.19
6
|
1.07
|
1.26
|
(0.17
)
|
(0.51
)
|
(0.68
)
|
9.67
|
14.45
|
0.80
|
0.46
|
2.00
6
|
2,331
|
27
|
08-31-2020 |
9.07
|
0.12
6
|
0.71
|
0.83
|
(0.23
)
|
(0.58
)
|
(0.81
)
|
9.09
|
9.52
|
0.84
|
0.51
|
1.39
6
|
164
|
41
|
08-31-2019 |
9.69
|
0.23
6
|
0.04
|
0.27
|
(0.25
)
|
(0.64
)
|
(0.89
)
|
9.07
|
3.87
|
0.73
|
0.49
|
2.53
6
|
33
|
41
|
08-31-2018 |
10.09
|
0.17
6
|
0.25
|
0.42
|
(0.23
)
|
(0.59
)
|
(0.82
)
|
9.69
|
4.16
|
0.71
|
0.51
|
1.71
6
|
47
|
17
|
08-31-2017 |
9.98
|
0.19
6
|
0.63
|
0.82
|
(0.24
)
|
(0.47
)
|
(0.71
)
|
10.09
|
8.88
|
0.66
|
0.50
|
1.94
6
|
584
|
38
|
Class
R4 | ||||||||||||||
08-31-2021 |
9.12
|
0.21
6
|
1.12
|
1.33
|
(0.19
)
|
(0.51
)
|
(0.70
)
|
9.75
|
15.27
|
0.67
|
0.23
|
2.21
6
|
10
|
27
|
08-31-2020 |
9.09
|
0.19
6
|
0.67
|
0.86
|
(0.25
)
|
(0.58
)
|
(0.83
)
|
9.12
|
9.85
|
0.70
|
0.27
|
2.22
6
|
12
|
41
|
08-31-2019 |
9.72
|
0.25
6
|
0.04
|
0.29
|
(0.28
)
|
(0.64
)
|
(0.92
)
|
9.09
|
4.06
|
0.61
|
0.26
|
2.74
6
|
11
|
41
|
08-31-2018 |
10.11
|
0.24
6
|
0.22
|
0.46
|
(0.26
)
|
(0.59
)
|
(0.85
)
|
9.72
|
4.62
|
0.56
|
0.26
|
2.45
6
|
65
|
17
|
08-31-2017 |
10.00
|
0.25
6
|
0.59
|
0.84
|
(0.26
)
|
(0.47
)
|
(0.73
)
|
10.11
|
9.04
|
0.52
|
0.25
|
2.54
6
|
95
|
38
|
Class
R5 | ||||||||||||||
08-31-2021 |
9.15
|
0.22
6
|
1.08
|
1.30
|
(0.21
)
|
(0.51
)
|
(0.72
)
|
9.73
|
14.80
|
0.40
|
0.06
|
2.29
6
|
262
|
27
|
08-31-2020 |
9.12
|
0.22
6
|
0.66
|
0.88
|
(0.27
)
|
(0.58
)
|
(0.85
)
|
9.15
|
10.06
|
0.39
|
0.06
|
2.52
6
|
322
|
41
|
08-31-2019 |
9.75
|
0.28
6
|
0.03
|
0.31
|
(0.30
)
|
(0.64
)
|
(0.94
)
|
9.12
|
4.27
|
0.31
|
0.07
|
2.97
6
|
323
|
41
|
08-31-2018 |
10.14
|
0.26
6
|
0.22
|
0.48
|
(0.28
)
|
(0.59
)
|
(0.87
)
|
9.75
|
4.81
|
0.26
|
0.06
|
2.66
6
|
1,206
|
17
|
08-31-2017 |
10.02
|
0.26
6
|
0.61
|
0.87
|
(0.28
)
|
(0.47
)
|
(0.75
)
|
10.14
|
9.34
|
0.22
|
0.05
|
2.61
6
|
1,292
|
38
|
Class
R6 | ||||||||||||||
08-31-2021 |
9.16
|
0.23
6
|
1.07
|
1.30
|
(0.21
)
|
(0.51
)
|
(0.72
)
|
9.74
|
14.86
|
0.35
|
0.01
|
2.43
6
|
12,107
|
27
|
08-31-2020 |
9.12
|
0.22
6
|
0.67
|
0.89
|
(0.27
)
|
(0.58
)
|
(0.85
)
|
9.16
|
10.24
|
0.34
|
—
|
2.52
6
|
11,162
|
41
|
08-31-2019 |
9.76
|
0.26
6
|
0.04
|
0.30
|
(0.30
)
|
(0.64
)
|
(0.94
)
|
9.12
|
4.23
|
0.26
|
—
|
2.93
6
|
11,764
|
41
|
08-31-2018 |
10.14
|
0.24
6
|
0.25
|
0.49
|
(0.28
)
|
(0.59
)
|
(0.87
)
|
9.76
|
4.96
|
0.21
|
—
|
2.49
6
|
7,076
|
17
|
08-31-2017 |
10.03
|
0.23
6
|
0.64
|
0.87
|
(0.29
)
|
(0.47
)
|
(0.76
)
|
10.14
|
9.29
|
0.17
|
—
|
2.39
6
|
3,109
|
38
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.01, $0.01, $0.02, $0.02 and $0.02 per share and 0.07%,
0.09%, 0.16%,
0.21% and 0.22%, for the periods ended 8-31-21, 8-31-20, 8-31-19, 8-31-18,
and 8-31-17, respectively. |
Per
share operating performance for a share outstanding throughout each
period |
Ratios
and supplemental data |
||||||
Income
(loss) from investment operations |
Less
Distributions |
Ratios
to average net assets |
Period
ended |
Net
asset value, beginning of period ($) |
Net investment income (loss) ($)1,2 |
Net
realized
and unrealized gain (loss) on investments ($) |
Total
from investment operations ($) |
From
net investment income ($) |
From
net realized gain ($) |
Total distributions ($) |
Net
asset value, end of period ($) |
Total return (%)3,4 |
Expenses before reductions (%)5 |
Expenses including reductions (%)5 |
Net investment income (loss) (%)2 |
Net assets, end of period (in thousands) |
Portfolio turnover (%) |
Class
A | ||||||||||||||
08-31-2021 |
8.93
|
0.20
6
|
0.89
|
1.09
|
(0.19
)
|
(0.42
)
|
(0.61
)
|
9.41
|
12.62
|
0.80
|
0.42
|
2.16
6
|
52,276
|
34
|
08-31-2020 |
8.86
|
0.19
6
|
0.54
|
0.73
|
(0.23
)
|
(0.43
)
|
(0.66
)
|
8.93
|
8.50
|
0.81
|
0.43
|
2.18
6
|
45,532
|
46
|
08-31-2019 |
9.25
|
0.23
6
|
0.11
|
0.34
|
(0.26
)
|
(0.47
)
|
(0.73
)
|
8.86
|
4.50
|
0.70
|
0.41
|
2.68
6
|
45,444
|
48
|
08-31-2018 |
9.54
|
0.22
6
|
0.12
|
0.34
|
(0.23
)
|
(0.40
)
|
(0.63
)
|
9.25
|
3.65
|
0.64
|
0.41
|
2.36
6
|
46,288
|
20
|
08-31-2017 |
9.49
|
0.22
6
|
0.46
|
0.68
|
(0.24
)
|
(0.39
)
|
(0.63
)
|
9.54
|
7.71
|
0.61
|
0.42
|
2.38
6
|
47,800
|
39
|
Class
I | ||||||||||||||
08-31-2021 |
8.93
|
0.22
6
|
0.89
|
1.11
|
(0.21
)
|
(0.42
)
|
(0.63
)
|
9.41
|
12.93
|
0.50
|
0.12
|
2.46
6
|
452
|
34
|
08-31-2020 |
8.87
|
0.20
6
|
0.54
|
0.74
|
(0.25
)
|
(0.43
)
|
(0.68
)
|
8.93
|
8.70
|
0.51
|
0.13
|
2.34
6
|
503
|
46
|
08-31-2019 |
9.25
|
0.27
6
|
0.11
|
0.38
|
(0.29
)
|
(0.47
)
|
(0.76
)
|
8.87
|
4.98
|
0.42
|
0.13
|
3.03
6
|
133
|
48
|
08-31-2018 |
9.55
|
0.24
6
|
0.12
|
0.36
|
(0.26
)
|
(0.40
)
|
(0.66
)
|
9.25
|
3.84
|
0.35
|
0.11
|
2.57
6
|
158
|
20
|
08-31-2017 |
9.49
|
0.23
6
|
0.49
|
0.72
|
(0.27
)
|
(0.39
)
|
(0.66
)
|
9.55
|
8.17
|
0.30
|
0.11
|
2.51
6
|
202
|
39
|
Class
R2 | ||||||||||||||
08-31-2021 |
8.91
|
0.19
6
|
0.89
|
1.08
|
(0.18
)
|
(0.42
)
|
(0.60
)
|
9.39
|
12.60
|
0.84
|
0.45
|
2.13
6
|
568
|
34
|
08-31-2020 |
8.85
|
0.18
6
|
0.53
|
0.71
|
(0.22
)
|
(0.43
)
|
(0.65
)
|
8.91
|
8.31
|
0.90
|
0.51
|
2.10
6
|
359
|
46
|
08-31-2019 |
9.23
|
0.22
6
|
0.12
|
0.34
|
(0.25
)
|
(0.47
)
|
(0.72
)
|
8.85
|
4.51
|
0.80
|
0.51
|
2.57
6
|
491
|
48
|
08-31-2018 |
9.53
|
0.21
6
|
0.11
|
0.32
|
(0.22
)
|
(0.40
)
|
(0.62
)
|
9.23
|
3.45
|
0.75
|
0.51
|
2.21
6
|
452
|
20
|
08-31-2017 |
9.47
|
0.16
6
|
0.53
|
0.69
|
(0.24
)
|
(0.39
)
|
(0.63
)
|
9.53
|
7.75
|
0.67
|
0.48
|
1.71
6
|
522
|
39
|
Class
R4 | ||||||||||||||
08-31-2021 |
8.92
|
0.21
6
|
0.90
|
1.11
|
(0.20
)
|
(0.42
)
|
(0.62
)
|
9.41
|
12.92
|
0.74
|
0.26
|
2.32
6
|
66
|
34
|
08-31-2020 |
8.86
|
0.20
6
|
0.53
|
0.73
|
(0.24
)
|
(0.43
)
|
(0.67
)
|
8.92
|
8.57
|
0.75
|
0.26
|
2.33
6
|
52
|
46
|
08-31-2019 |
9.24
|
0.24
6
|
0.12
|
0.36
|
(0.27
)
|
(0.47
)
|
(0.74
)
|
8.86
|
4.79
|
0.65
|
0.26
|
2.78
6
|
89
|
48
|
08-31-2018 |
9.54
|
0.25
6
|
0.10
|
0.35
|
(0.25
)
|
(0.40
)
|
(0.65
)
|
9.24
|
3.70
|
0.57
|
0.23
|
2.67
6
|
73
|
20
|
08-31-2017 |
9.48
|
0.25
6
|
0.46
|
0.71
|
(0.26
)
|
(0.39
)
|
(0.65
)
|
9.54
|
8.03
|
0.56
|
0.25
|
2.71
6
|
247
|
39
|
Class
R5 | ||||||||||||||
08-31-2021 |
8.93
|
0.24
6
|
0.89
|
1.13
|
(0.22
)
|
(0.42
)
|
(0.64
)
|
9.42
|
12.99
|
0.44
|
0.05
|
2.58
6
|
701
|
34
|
08-31-2020 |
8.87
|
0.24
6
|
0.51
|
0.75
|
(0.26
)
|
(0.43
)
|
(0.69
)
|
8.93
|
8.78
|
0.45
|
0.06
|
2.76
6
|
25
|
46
|
08-31-2019 |
9.25
|
0.28
6
|
0.10
|
0.38
|
(0.29
)
|
(0.47
)
|
(0.76
)
|
8.87
|
5.03
|
0.35
|
0.06
|
3.21
6
|
34
|
48
|
08-31-2018 |
9.55
|
0.31
6
|
0.06
|
0.37
|
(0.27
)
|
(0.40
)
|
(0.67
)
|
9.25
|
3.90
|
0.30
|
0.05
|
3.20
6
|
43
|
20
|
08-31-2017 |
9.50
|
0.25
6
|
0.47
|
0.72
|
(0.28
)
|
(0.39
)
|
(0.67
)
|
9.55
|
8.13
|
0.25
|
0.05
|
2.74
6
|
364
|
39
|
Class
R6 | ||||||||||||||
08-31-2021 |
8.94
|
0.23
6
|
0.90
|
1.13
|
(0.22
)
|
(0.42
)
|
(0.64
)
|
9.43
|
13.17
|
0.40
|
0.01
|
2.57
6
|
10,913
|
34
|
08-31-2020 |
8.88
|
0.22
6
|
0.53
|
0.75
|
(0.26
)
|
(0.43
)
|
(0.69
)
|
8.94
|
8.83
|
0.40
|
—
|
2.59
6
|
8,496
|
46
|
08-31-2019 |
9.26
|
0.26
6
|
0.13
|
0.39
|
(0.30
)
|
(0.47
)
|
(0.77
)
|
8.88
|
5.09
|
0.30
|
—
|
2.97
6
|
8,356
|
48
|
08-31-2018 |
9.56
|
0.25
6
|
0.12
|
0.37
|
(0.27
)
|
(0.40
)
|
(0.67
)
|
9.26
|
3.95
|
0.25
|
—
|
2.69
6
|
3,754
|
20
|
08-31-2017 |
9.50
|
0.22
6
|
0.51
|
0.73
|
(0.28
)
|
(0.39
)
|
(0.67
)
|
9.56
|
8.29
|
0.20
|
—
|
2.40
6
|
2,044
|
39
|
1 |
Based
on average daily shares outstanding. |
2 |
Net
investment income is affected by the timing and frequency of the
declaration of dividends by the underlying funds in which the portfolio
invests. |
3 |
Total
returns would have been lower had certain expenses not been reduced and
other income not been received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies during the applicable periods. |
4 |
Does
not reflect the effect of sales charges, if any. |
5 |
Ratios
do not include expenses indirectly incurred from underlying funds and can
vary based on the mix of underlying funds held by the
portfolio. |
6 |
Net
investment income (loss) per share and net investment income (loss) ratio
reflect other income received from the Advisor for reimbursement of
indirect net expenses
associated with the portfolio’s investments in underlying investment
companies of $0.01, $0.01, $0.02, $0.02 and $0.02 per share and 0.08%,
0.09%, 0.17%,
0.23% and 0.24%, for the periods ended 8-31-21, 8-31-20, 8-31-19, 8-31-18,
and 8-31-17, respectively. |
Multimanager
2065 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Emerging
Market Index Fund |
Fidelity
Investments |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Fidelity
500 Index Fund |
Fidelity
Investments |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Index Fund |
Fidelity
Investments |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2060 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Emerging
Market Index Fund |
Fidelity
Investments |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Fidelity
500 Index Fund |
Fidelity
Investments |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Index Fund |
Fidelity
Investments |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2055 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Emerging
Market Index Fund |
Fidelity
Investments |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Fidelity
500 Index Fund |
Fidelity
Investments |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Index Fund |
Fidelity
Investments |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2050 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Emerging
Market Index Fund |
Fidelity
Investments |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Fidelity
500 Index Fund |
Fidelity
Investments |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Index Fund |
Fidelity
Investments |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2045 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Diversified
Real Assets Fund |
Manulife
Investment Management (North America) Limited; Wellington Management
Company, LLP |
Emerging
Market Index Fund |
Fidelity
Investments |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Fidelity
500 Index Fund |
Fidelity
Investments |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Index Fund |
Fidelity
Investments |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2040 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Core
Bond Fund |
Allspring
Global Investments, LLC |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Diversified
Real Assets Fund |
Manulife
Investment Management (North America) Limited; Wellington Management
Company, LLP |
Emerging
Market Index Fund |
Fidelity
Investments |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Fidelity
500 Index Fund |
Fidelity
Investments |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Global Franchise Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Global
Equity Fund |
Manulife
Investment Management (US) LLC |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Index Fund |
Fidelity
Investments |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2035 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Core
Bond Fund |
Allspring
Global Investments, LLC |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Diversified
Real Assets Fund |
Manulife
Investment Management (North America) Limited; Wellington Management
Company, LLP |
Emerging
Market Index Fund |
Fidelity
Investments |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Fidelity
500 Index Fund |
Fidelity
Investments |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Global Franchise Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Global
Equity Fund |
Manulife
Investment Management (US) LLC |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Index Fund |
Fidelity
Investments |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2030 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Core
Bond Fund |
Allspring
Global Investments, LLC |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Diversified
Real Assets Fund |
Manulife
Investment Management (North America) Limited; Wellington Management
Company, LLP |
Emerging
Market Index Fund |
Fidelity
Investments |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Floating
Rate Income Fund |
Bain
Capital Credit, LP |
Fundamental
Global Franchise Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Global
Equity Fund |
Manulife
Investment Management (US) LLC |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Short
Duration Bond Fund |
Manulife
Investment Management (US) LLC |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Index Fund |
Fidelity
Investments |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2025 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Core
Bond Fund |
Allspring
Global Investments, LLC |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Diversified
Real Assets Fund |
Manulife
Investment Management (North America) Limited; Wellington Management
Company, LLP |
Emerging
Market Index Fund |
Fidelity
Investments |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Floating
Rate Income Fund |
Bain
Capital Credit, LP |
Fundamental
Global Franchise Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Global
Equity Fund |
Manulife
Investment Management (US) LLC |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Short
Duration Bond Fund |
Manulife
Investment Management (US) LLC |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2020 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Core
Bond Fund |
Allspring
Global Investments, LLC |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Diversified
Real Assets Fund |
Manulife
Investment Management (North America) Limited; Wellington Management
Company, LLP |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Financial
Industries Fund |
Manulife
Investment Management (US) LLC |
Floating
Rate Income Fund |
Bain
Capital Credit, LP |
Fundamental
Global Franchise Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Global
Equity Fund |
Manulife
Investment Management (US) LLC |
Global
Shareholder Yield Fund |
Epoch
Investment Partners, Inc. |
Health
Sciences Fund |
T.
Rowe Price Associates |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Science
& Technology Fund |
Allianz
Global Investors U.S. LLC; T. Rowe Price Associates,
Inc. |
Short
Duration Bond Fund |
Manulife
Investment Management (US) LLC |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2015 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Fund |
Jennison
Associates LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Core
Bond Fund |
Allspring
Global Investments, LLC |
Disciplined
Value Fund |
Boston
Partners Global Investors, Inc. |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Diversified
Real Assets Fund |
Manulife
Investment Management (North America) Limited; Wellington Management
Company, LLP |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Floating
Rate Income Fund |
Bain
Capital Credit, LP |
Fundamental
Global Franchise Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Global
Equity Fund |
Manulife
Investment Management (US) LLC |
Global
Shareholder Yield Fund |
Epoch
Investment Partners, Inc. |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Short
Duration Bond Fund |
Manulife
Investment Management (US) LLC |
Small
Cap Growth Fund |
Redwood
Investments, LLC |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
Multimanager
2010 Lifetime Portfolio | |
Underlying
fund |
Subadvisor
or Provider |
Absolute
Return Currency Fund |
First
Quadrant, LLC |
Blue
Chip Growth Fund |
T.
Rowe Price Associates |
Bond
Fund |
Manulife
Investment Management (US) LLC |
Capital
Appreciation Value Fund |
T.
Rowe Price Associates |
Core
Bond Fund |
Allspring
Global Investments, LLC |
Disciplined
Value International Fund |
Boston
Partners Global Investors, Inc. |
Diversified
Real Assets Fund |
Manulife
Investment Management (North America) Limited; Wellington Management
Company, LLP |
Emerging
Markets Debt Fund |
Manulife
Investment Management (US) LLC |
Emerging
Markets Equity Fund |
Manulife
Investment Management (US) LLC |
Equity
Income Fund |
T.
Rowe Price Associates |
Floating
Rate Income Fund |
Bain
Capital Credit, LP |
Fundamental
Global Franchise Fund |
Manulife
Investment Management (US) LLC |
Fundamental
Large Cap Core Fund |
Manulife
Investment Management (US) LLC |
Global
Equity Fund |
Manulife
Investment Management (US) LLC |
Global
Shareholder Yield Fund |
Epoch
Investment Partners, Inc. |
High
Yield Fund |
Manulife
Investment Management (US) LLC |
International
Dynamic Growth Fund |
Axiom
International Investors LLC |
International
Growth Fund |
Wellington
Management Company, LLP |
International
Index Fund |
Fidelity
Investments |
International
Small Company Fund |
Dimensional
Fund Advisors LP |
Mid
Cap Growth Fund |
Wellington
Management Company, LLP |
Mid
Value Fund |
T.
Rowe Price Associates |
Short
Duration Bond Fund |
Manulife
Investment Management (US) LLC |
Small
Cap Value Fund |
Wellington
Management Company, LLP |
Strategic
Equity Allocation Fund |
Manulife
Investment Management (US) LLC |
Strategic
Income Opportunities Fund |
Manulife
Investment Management (US) LLC |
• | The plan currently holds assets in Class A shares of the fund or any John Hancock fund; |
• | Class A shares of the fund or any other John Hancock fund were established as an investment option under the plan prior to January 1, 2013, and the fund’s representatives have agreed that the plan may invest in Class A shares after that date; |
• | Class A shares of the fund or any other John Hancock fund were established as a part of an investment model prior to January 1, 2013, and the fund’s representatives have agreed that plans utilizing such model may invest in Class A shares after that date; and |
• | Such group retirement plans offered through an intermediary brokerage platform that does not require payments relating to the provisions of services to the fund, such as providing omnibus account services, transaction-processing services, or effecting portfolio transactions for the fund, that are specific to assets held in such group retirement plans and vary from such payments otherwise made for such services with respect to assets held in non-group retirement plan accounts. |
• | Clients of financial intermediaries who: (i) charge such clients a fee for advisory, investment, consulting, or similar services; (ii) have entered into an agreement with the distributor to offer Class I shares through a no-load program or investment platform; or (iii) have entered into an agreement with the distributor to offer Class I shares to clients on certain brokerage platforms where the intermediary is acting solely as an agent for the investor who may be required to pay a commission |
and/or other forms of compensation to the intermediary. Other share classes of the fund have different fees and expenses. |
• | Retirement and other benefit plans |
• | Endowment funds and foundations |
• | Any state, county, or city, or its instrumentality, department, authority, or agency |
• | Accounts registered to insurance companies, trust companies, and bank trust departments |
• | Any entity that is considered a corporation for tax purposes |
• | Investment companies, both affiliated and not affiliated with the advisor |
• | Fund Trustees and other individuals who are affiliated with the fund and other John Hancock funds |
• | Qualified tuition programs under Section 529 (529 plans) of the Internal Revenue Code of 1986, as amended (the Code), distributed by John Hancock or one of its affiliates |
• | Retirement plans, including pension, profit-sharing, and other plans qualified under Section 401(a) or described in Section 403(b) or 457 of the Code, and nonqualified deferred compensation plans |
• | Retirement plans, Traditional and Roth IRAs, Coverdell Education Savings Accounts, SEPs, SARSEPs, and SIMPLE IRAs where the shares are held on the books of the fund through investment-only omnibus accounts (either at the plan level or at the level of the financial service firm) that trade through the National Securities Clearing Corporation (NSCC) |
• | Qualified 401(a) plans (including 401(k) plans, Keogh plans, profit-sharing pension plans, money purchase pension plans, target benefit plans, defined benefit pension plans, and Taft-Hartley multi-employer pension plans) (collectively, qualified plans) |
• | Endowment funds and foundations |
• | Any state, county, or city, or its instrumentality, department, authority, or agency |
• | 403(b) plans and 457 plans, including 457(a) governmental entity plans and tax-exempt plans |
• | Accounts registered to insurance companies, trust companies, and bank trust departments |
• | Investment companies, both affiliated and not affiliated with the advisor |
• | Any entity that is considered a corporation for tax purposes, including corporate nonqualified deferred compensation plans of such corporations |
• | Trustees, employees of the advisor or its affiliates, employees of the subadvisor, members of the fund’s portfolio management team and the spouses and children (under age 21) of the aforementioned |
• | Financial intermediaries utilizing fund shares in certain eligible qualifying investment product platforms under a signed agreement with the distributor |
• | A front-end sales charge, as described in the section “How sales charges are calculated” |
• | Distribution and service (Rule 12b-1) fees of 0.30% |
• | A 1.00% contingent deferred sales charge (CDSC) on certain shares sold within one year of purchase |
• | No front-end or deferred sales charges; however, if you purchase Class I shares through a broker acting solely as an agent on behalf of its customers, you may be required to pay a commission to the broker |
• | No Rule 12b-1 fees |
• | No front-end or deferred sales charges; all your money goes to work for you right away |
• | Rule 12b-1 fees of 0.25% |
• | No front-end or deferred sales charges; all your money goes to work for you right away |
• | Rule 12b-1 fees of 0.15% (under the Rule 12b-1 plan, the distributor has the ability to collect 0.25%; however, the distributor has contractually agreed to waive 0.10% of these fees through December 31, 2022) |
• | No front-end or deferred sales charges; all your money goes to work for you right away |
• | No Rule 12b-1 fees |
• | No front-end or deferred sales charges; all your money goes to work for you right away |
• | No Rule 12b-1 fees |
• | directly, by the payment of sales commissions, if any; and |
• | indirectly, as a result of the fund paying Rule 12b-1 fees. |
Your
investment ($) |
As
a % of offering price* |
As
a % of your investment |
Up to
49,999 |
5.00 |
5.26 |
50,000–99,999 |
4.50 |
4.71 |
100,000–249,999 |
3.50 |
3.63 |
Your
investment ($) |
As
a % of offering price* |
As
a % of your investment |
250,000–499,999 |
2.50 |
2.56 |
500,000–999,999 |
2.00 |
2.04 |
1,000,000
and over |
See
below |
* | Offering price is the net asset value per share plus any initial sales charge. |
Years
after purchase |
CDSC
(%) |
1st
year |
1.00 |
After
1st
year |
None |
• | Accumulation privilege—lets you add the value of any class of shares of any John Hancock open-end fund you already own to the amount of your next Class A investment for purposes of calculating the sales charge. However, Class A shares of money market funds will not qualify unless you have already paid a sales charge on those shares. |
• | Letter of intention—lets you purchase Class A shares of a fund over a 13-month period and receive the same sales charge as if all shares had been purchased at once. You can use a letter of intention to qualify for reduced sales charges if you plan to invest at least to the first breakpoint level (generally $50,000 or $100,000 depending on the specific fund) in a John Hancock fund’s Class A shares during the next 13 months. Completing a letter of intention does not obligate you to purchase additional shares. However, if you do not buy enough shares to qualify for the lower sales charges by the earlier of the end of the 13-month period or when you sell your shares, your sales charges will be recalculated to reflect your actual amount purchased. It is your responsibility to tell John Hancock Signature Services Inc. or your financial professional when you believe you have purchased shares totaling an amount eligible for reduced sales charges, as stated in your letter of intention. Further information is provided in the SAI. |
• | Combination privilege—lets you combine shares of all funds for purposes of calculating the Class A sales charge. |
• | to make payments through certain systematic withdrawal plans |
• | certain retirement plans participating in PruSolutionsSM programs |
• | redemptions pursuant to the fund’s right to liquidate an account that is below the minimum account value stated below in “Dividends and account policies,” under the subsection “Small accounts” |
• | redemptions of Class A shares made after one year from the inception of a retirement plan at John Hancock |
• | redemptions made under certain liquidation, merger or acquisition transactions involving other investment companies or personal holding companies |
• | to make certain distributions from a retirement plan |
• | because of shareholder death or disability |
• | rollovers, contract exchanges, or transfers of John Hancock custodial 403(b)(7) account assets required by John Hancock as a result of its decision to discontinue maintaining and administering 403(b)(7) accounts |
• | Selling brokers and their employees and sales representatives (and their Immediate Family, as defined in the SAI) |
• | Financial intermediaries utilizing fund shares in eligible retirement platforms, fee-based, or wrap investment products |
• | Financial intermediaries who offer shares to self-directed investment brokerage accounts that may or may not charge a transaction fee to their customers |
• | Fund Trustees and other individuals who are affiliated with these or other John Hancock funds, including employees of John Hancock companies or Manulife Financial Corporation (and their Immediate Family, as defined in the SAI) |
• | Individuals exchanging shares held in an eligible fee-based program for Class A shares, provided however, subsequent purchases in Class A shares will be subject to applicable sales charges |
• | Individuals transferring assets held in a SIMPLE IRA, SEP, or SARSEP invested in John Hancock funds directly to an IRA |
• | Individuals converting assets held in an IRA, SIMPLE IRA, SEP, or SARSEP invested in John Hancock funds directly to a Roth IRA |
• | Individuals recharacterizing assets from an IRA, Roth IRA, SEP, SARSEP, or SIMPLE IRA invested in John Hancock funds back to the original account type from which they were converted |
• | Participants in group retirement plans that are eligible and permitted to purchase Class A shares as described in the “Choosing an eligible share class” section above. This waiver is contingent upon the group |
retirement plan being in a recordkeeping arrangement and does not apply to group retirement plans transacting business with the fund through a brokerage relationship in which sales charges are customarily imposed, unless such brokerage relationship qualifies for a sales charge waiver as described. In addition, this waiver does not apply to a group retirement plan that leaves its current recordkeeping arrangement and subsequently transacts business with the fund through a brokerage relationship in which sales charges are customarily imposed. Whether a sales charge waiver is available to your group retirement plan through its record keeper depends upon the policies and procedures of your intermediary. Please consult your financial professional for further information |
• | Retirement plans participating in PruSolutionsSM programs |
• | Terminating participants in a pension, profit-sharing, or other plan qualified under Section 401(a) of the Code, or described in Section 457(b) of the Code, (i) that is funded by certain John Hancock group annuity contracts, (ii) for which John Hancock Trust Company serves as trustee or custodian, or (iii) the trustee or custodian of which has retained John Hancock Retirement Plan Services (“RPS”) as a service provider, rolling over assets (directly or within 60 days after distribution) from such a plan (or from a John Hancock Managed IRA or John Hancock Annuities IRA into which such assets have already been rolled over) to a John Hancock custodial IRA or John Hancock custodial Roth IRA that invests in John Hancock funds, or the subsequent establishment of or any rollover into a new John Hancock fund account by such terminating participants and/or their Immediate Family (as defined in the SAI), including subsequent investments into such accounts, and that are held directly at John Hancock funds or at the John Hancock Personal Financial Services (“PFS”) Financial Center |
• | Participants in a terminating pension, profit-sharing, or other plan qualified under Section 401(a) of the Code, or described in Section 457(b) of the Code (the assets of which, immediately prior to such plan’s termination, were (a) held in certain John Hancock group annuity contracts, (b) in trust or custody by John Hancock Trust Company, or (c) by a trustee or custodian which has retained John Hancock RPS as a service provider, but have been transferred from such contracts or trust funds and are held either: (i) in trust by a distribution processing organization; or (ii) in a custodial IRA or custodial Roth IRA sponsored by an authorized third-party trust company and made available through John Hancock), rolling over assets (directly or within 60 days after distribution) from such a plan to a John Hancock custodial IRA or John Hancock custodial Roth IRA that invests in John Hancock funds, or the subsequent establishment of or any rollover into a new John Hancock fund account by such participants and/or their Immediate Family (as defined in the SAI), including subsequent investments into such accounts, and that are held directly at John Hancock funds or at the PFS Financial Center |
• | Participants actively enrolled in a John Hancock RPS plan account (or an account the trustee of which has retained John Hancock RPS as a service provider) rolling over or transferring assets into a new John Hancock custodial IRA or John Hancock custodial Roth IRA that invests in John Hancock funds through John Hancock PFS (to the extent such assets are otherwise prohibited from rolling over or transferring into such participant’s John Hancock RPS plan account), including subsequent investments into such accounts, and that are |
held directly at John Hancock funds or at the John Hancock PFS Financial Center |
• | Individuals rolling over assets held in a John Hancock custodial 403(b)(7) account into a John Hancock custodial IRA account |
• | Former employees/associates of John Hancock, its affiliates, or agencies rolling over (directly or indirectly within 60 days after distribution) to a new John Hancock custodial IRA or John Hancock custodial Roth IRA from the John Hancock Employee Investment-Incentive Plan (TIP), John Hancock Savings Investment Plan (SIP), or the John Hancock Pension Plan, and such participants and their Immediate Family (as defined in the SAI) subsequently establishing or rolling over assets into a new John Hancock account through the John Hancock PFS Group, including subsequent investments into such accounts, and that are held directly at John Hancock funds or at the John Hancock PFS Financial Center |
• | A member of a class action lawsuit against insurance companies who is investing settlement proceeds |
• | Exchanges from one John Hancock fund to the same class of any other John Hancock fund (see “Transaction policies” in this prospectus for additional details) |
• | Dividend reinvestments (see “Dividends and account policies” in this prospectus for additional details) |
• | In addition, the availability of certain sales charge waivers and discounts will depend on whether you purchase your shares directly from the fund or through a financial intermediary. Intermediaries may have different policies and procedures regarding the availability of front-end sales charge waivers or CDSC waivers (See Appendix 1 - Intermediary sales charge waivers, which includes information about specific sales charge waivers applicable to the intermediaries identified therein). In all instances, it is the purchaser’s responsibility to notify the fund or the purchaser’s financial intermediary at the time of purchase of any relationship or other facts qualifying the purchaser for sales charge waivers or discounts. For waivers and discounts not available through a particular intermediary, shareholders will have to purchase fund shares directly from the fund or through another intermediary to receive these waivers or discounts. |
1 | Read this prospectus carefully. |
2 | Determine if you are eligible by referring to “Choosing an eligible share class.” |
3 | Determine how much you want to invest. There is no minimum initial investment to purchase Class R2, Class R4, or Class R5 shares. The minimum initial investments for Class A, Class I, and Class R6 shares |
are described below. There are no subsequent investment requirements for these share classes. |
Share
Class |
Minimum
initial investment |
Class
A |
$1,000
($250 for group investments). However, there is no
minimum initial investment for certain group retirement
plans using salary deduction or similar group methods
of payment, for fee-based or wrap accounts of selling
firms that have executed a fee-based or wrap agreement
with the distributor, or for certain other eligible
investment product platforms. |
Class
I |
$250,000.
However, the minimum initial investment requirement
may be waived, at the fund’s sole discretion, for
investors in certain fee-based, wrap, or other investment
platform programs, or in certain brokerage platforms
where the intermediary is acting solely as an agent
for the investor. The fund also may waive the minimum
initial investment for other categories of investors
at its discretion, including for: (i) Trustees, (ii) employees
of the advisor or its affiliates, and (iii) members
of the fund’s portfolio management team. |
Class
R6 |
$1
million. However, there is no minimum initial investment
requirement for: (i) qualified and nonqualified plan
investors; (ii) certain eligible qualifying investment product
platforms; or (iii) Trustees, employees of the advisor
or its affiliates, employees of the subadvisor, members
of the fund’s portfolio management team and the
spouses and children (under age 21) of the aforementioned. |
4 | All Class A, Class I, and Class R6 shareholders must complete the account application, carefully following the instructions. If you have any questions, please contact your financial professional or call Signature Services at 800-225-5291 for Class A shares or 888-972-8696 for Class I and Class R6 shares. |
5 | Eligible retirement plans generally may open an account and purchase Class R2, Class R4, or Class R5 shares by contacting any broker-dealer or other financial service firm authorized to sell Class R2, Class R4, or Class R5 shares of the fund. Additional shares may be purchased through a retirement plan’s administrator or recordkeeper. |
6 | For Class A shares, complete the appropriate parts of the account privileges application. By applying for privileges now, you can avoid the delay and inconvenience of having to file an additional application if you want to add privileges later. |
7 | For Class A, Class I, and Class R6 shares, make your initial investment using the instructions under “Buying shares.” You and your financial professional can initiate any purchase, exchange, or sale of shares. |
Opening
an account |
Adding
to an account |
By
check |
|
|
|
By
exchange |
|
|
|
By
wire |
|
|
|
By
internet |
|
|
|
By
phone |
|
|
To
add to an account using the Monthly Automatic Accumulation Program,
see
“Additional investor services.” |
Regular
mail John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 |
Express
delivery John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
Website jhinvestments.com |
EASI-Line (24/7 automated service) 800-338-8080 |
Signature
Services, Inc. 800-225-5291 |
Opening
an account |
Adding
to an account |
By
check |
|
|
|
By
exchange |
|
|
|
By
wire |
|
|
|
By
internet |
|
|
|
By
phone |
|
|
|
Regular
mail John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 |
Express
delivery John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
Website jhinvestments.com |
Signature
Services, Inc. 888-972-8696 |
Opening
an account |
Adding
to an account |
By
check |
|
|
|
By
exchange |
|
|
|
By
wire |
|
|
|
By
internet |
|
|
|
By
phone |
|
|
|
Regular
mail John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 |
Express
delivery John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
Website jhinvestments.com |
Signature
Services, Inc. 888-972-8696 |
To
sell some or all of your shares | |
By
letter |
|
|
|
By
internet |
|
|
|
By
phone |
|
|
|
By
wire or electronic funds transfer (EFT) |
|
|
|
By
exchange |
|
|
To
sell shares through a systematic withdrawal plan, see “Additional investor
services.” |
Regular
mail John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 |
Express
delivery John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
Website jhinvestments.com |
EASI-Line (24/7 automated service) 800-338-8080 |
Signature
Services, Inc. 800-225-5291 |
• | your address or bank of record has changed within the past 30 days, and you would like the payment to be sent to your new address or bank, |
• | you are selling more than $100,000 worth of shares (this requirement is waived for certain entities operating under a signed fax trading agreement with John Hancock), or |
• | you are requesting payment other than by a check mailed to the address/bank of record and payable to the registered owner(s). |
Seller |
Requirements
for written requests |
Owners
of individual, joint, or UGMA/UTMA accounts (custodial accounts
for minors) |
|
Owners
of corporate, sole proprietorship, general partner, or association
accounts |
|
Owners
or trustees of trust accounts |
|
Joint
tenancy shareholders with rights of survivorship with deceased
co-tenant(s) |
|
Executors
of shareholder estates |
|
Administrators,
conservators, guardians, and other sellers, or account types
not listed above |
|
Regular
mail John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 |
Express
delivery John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
Website jhinvestments.com |
EASI-Line (24/7 automated service) 800-338-8080 |
Signature
Services, Inc. 800-225-5291 |
To
sell some or all of your shares | |
By
letter |
|
|
|
By
internet |
|
|
|
By
phone |
|
Amounts
up to $100,000:
Amounts
up to $5 million:
|
|
By
wire or electronic funds transfer (EFT) |
|
|
|
By
exchange |
|
|
|
Regular
mail John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 |
Express
delivery John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
Website jhinvestments.com |
Signature
Services, Inc. 888-972-8696 |
• | your address or bank of record has changed within the past 30 days, and you would like the payment to be sent to your new address or bank; |
• | you are selling more than $100,000 worth of shares and are requesting payment by check (this requirement is waived for certain entities operating under a signed fax trading agreement with John Hancock); |
• | you are selling more than $5 million worth of shares from the following types of accounts: custodial accounts held by banks, trust companies, or broker-dealers; endowments and foundations; corporate accounts; group retirement plans; and pension accounts (excluding IRAs, 403(b) plans, and all John Hancock custodial retirement accounts); or |
• | you are requesting payment other than by a check mailed to the address/bank of record and payable to the registered owner(s). |
Seller |
Requirements
for written requests |
Owners
of individual, joint, or UGMA/UTMA accounts (custodial accounts
for minors) |
|
Owners
of corporate, sole proprietorship, general partner, or association
accounts |
|
Owners
or trustees of trust accounts |
|
Joint
tenancy shareholders with rights of survivorship with deceased
co-tenant(s) |
|
Executors
of shareholder estates |
|
Administrators,
conservators, guardians, and other sellers, or account types
not listed above |
|
Regular
mail John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 |
Express
delivery John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
Website jhinvestments.com |
Signature
Services, Inc. 888-972-8696 |
To
sell some or all of your shares | |
By
letter |
|
|
|
By
internet |
|
|
|
By
phone |
|
Amounts
up to $5 million:
|
|
By
wire or electronic funds transfer (EFT) |
|
|
|
By
exchange |
|
|
|
Regular
mail John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 |
Express
delivery John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
Website jhinvestments.com |
Signature
Services, Inc. 888-972-8696 |
• | your address or bank of record has changed within the past 30 days, and you would like the payment to be sent to your new address or bank; |
• | you are selling more than $100,000 worth of shares and are requesting payment by check (this requirement is waived for certain entities operating under a signed fax trading agreement with John Hancock); |
• | you are selling more than $5 million worth of shares from the following types of accounts: custodial accounts held by banks, trust companies, or broker-dealers; endowments and foundations; corporate accounts; and group retirement plans; or |
• | you are requesting payment other than by a check mailed to the address/bank of record and payable to the registered owner(s). |
Seller |
Requirements
for written requests |
Owners
of individual, joint, or UGMA/UTMA accounts (custodial accounts
for minors) |
|
Owners
of corporate, sole proprietorship, general partner, or association
accounts |
|
Owners
or trustees of trust accounts |
|
Joint
tenancy shareholders with rights of survivorship with deceased
co-tenant(s) |
|
Executors
of shareholder estates |
|
Administrators,
conservators, guardians, and other sellers, or account types
not listed above |
|
Regular
mail John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 |
Express
delivery John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
Website jhinvestments.com |
Signature
Services, Inc. 888-972-8696 |
• | A fund that invests a significant portion of its assets in small- or mid-capitalization stocks or securities in particular industries that may trade infrequently or are fair valued as discussed under “Valuation of securities” entails a greater risk of excessive trading, as investors may seek to trade fund shares in an effort to benefit from their understanding of the value of those types of securities (referred to as price arbitrage). |
• | A fund that invests a material portion of its assets in securities of foreign issuers may be a potential target for excessive trading if investors seek to engage in price arbitrage based upon general trends in the securities markets that occur subsequent to the close of the primary market for such securities. |
• | A fund that invests a significant portion of its assets in below-investment-grade (junk) bonds that may trade infrequently or are fair valued as discussed under “Valuation of securities” incurs a greater risk of excessive trading, as investors may seek to trade fund shares in an effort to benefit from their understanding of the value of those types of securities (referred to as price arbitrage). |
• | after every transaction (except a dividend reinvestment, automatic investment, or systematic withdrawal) that affects your account balance |
• | after any changes of name or address of the registered owner(s) |
• | in all other circumstances, every quarter |
• | after every transaction (except a dividend reinvestment) that affects your account balance |
• | after any changes of name or address of the registered owner(s) |
• | in all other circumstances, every quarter |
• | Make sure you have at least $5,000 worth of shares in your account. |
• | Make sure you are not planning to invest more money in this account (buying shares during a period when you are also selling shares of the same fund is not advantageous to you because of sales charges). |
• | Specify the payee(s). The payee may be yourself or any other party, and there is no limit to the number of payees you may have, as long as they are all on the same payment schedule. |
• | Determine the schedule: monthly, quarterly, semiannually, annually, or in certain selected months. |
• | Fill out the relevant part of the account application. To add a systematic withdrawal plan to an existing account, contact your financial professional or Signature Services. |
• | Employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts used to fund those plans, provided that the shares are not held in a commission-based brokerage account and shares are held for the benefit of the plan |
• | Shares purchased by a 529 Plan (does not include 529 Plan units or 529-specific share classes or equivalents) |
• | Shares purchased through a Merrill Lynch affiliated investment advisory program |
• | Shares exchanged due to the holdings moving from a Merrill Lynch affiliated investment advisory program to a Merrill Lynch brokerage (non-advisory) account pursuant to Merrill Lynch’s policies relating to sales load discounts and waivers |
• | Shares purchased by third party investment advisors on behalf of their advisory clients through Merrill Lynch’s platform |
• | Shares of funds purchased through the Merrill Edge Self-Directed platform (if applicable) |
• | Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family) |
• | Shares exchanged from Class C (i.e. level-load) shares of the same fund pursuant to Merrill Lynch’s policies relating to sales load discounts and waivers |
• | Employees and registered representatives of Merrill Lynch or its affiliates and their family members |
• | Directors or Trustees of the fund, and employees of the fund’s investment adviser or any of its affiliates, as described in the prospectus |
• | Eligible shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement). Automated transactions (i.e. systematic purchases and withdrawals) and purchases made after shares are automatically sold to pay Merrill Lynch’s account maintenance fees are not eligible for reinstatement |
• | Death or disability of the shareholder |
• | Shares sold as part of a systematic withdrawal plan as described in the fund’s prospectus |
• | Return of excess contributions from an IRA Account |
• | Shares sold as part of a required minimum distribution for IRA and retirement accounts pursuant to the Internal Revenue Code |
• | Shares sold to pay Merrill Lynch fees but only if the transaction is initiated by Merrill Lynch |
• | Shares acquired through a Right of Reinstatement |
• | Shares held in retirement brokerage accounts, that are exchanged for a lower cost share class due to transfer to certain fee based accounts or platforms (applicable to Class A and Class C shares only) |
• | Shares received through an exchange due to the holdings moving from a Merrill Lynch affiliated investment advisory program to a Merrill Lynch brokerage (non-advisory) account pursuant to Merrill Lynch’s policies relating to sales load discounts and waivers |
• | Breakpoints as described in the fund’s prospectus |
• | Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts as described in the fund’s prospectus will be automatically calculated based on the aggregated holding of fund family assets held by accounts (including 529 program holdings where applicable) within the purchaser’s household at Merrill Lynch. Eligible fund family assets not held at Merrill Lynch may be included in the ROA calculation only if the shareholder notifies his or her financial professional about such assets |
• | Letters of Intent (LOI) which allow for breakpoint discounts based on anticipated purchases within a fund family, through Merrill Lynch, over a 13-month period of time (if applicable) |
• | Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs |
• | Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the same fund family) |
• | Shares exchanged from Class C shares of the same fund in the month of or following the 7-year anniversary of the purchase date. To the extent that this prospectus elsewhere provides for a waiver with respect to exchanges of Class C shares or conversion of Class C shares following a shorter holding period, that waiver will apply |
• | Employees and registered representatives of Ameriprise Financial or its affiliates and their immediate family members |
• | Shares purchased by or through qualified accounts (including IRAs, Coverdell Education Savings Accounts, 401(k)s, 403(b) TSCAs subject to ERISA and defined benefit plans) that are held by a covered family member, defined as an Ameriprise financial advisor and/or the advisor’s spouse, advisor’s lineal ascendant (mother, father, grandmother, grandfather, great grandmother, great grandfather), advisor’s lineal descendant (son, step-son, daughter, step-daughter, grandson, granddaughter, great grandson, great granddaughter) or any spouse of a covered family member who is a lineal descendant |
• | Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (i.e. Rights of Reinstatement) |
• | Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh plans |
• | Morgan Stanley employee and employee-related accounts according to Morgan Stanley’s account linking rules |
• | Shares purchased through reinvestment of dividends and capital gains distributions when purchasing shares of the same fund |
• | Shares purchased through a Morgan Stanley self-directed brokerage account |
• | Class C (i.e., level-load) shares that are no longer subject to a contingent deferred sales charge and are converted to Class A shares of the same fund by Morgan Stanley Wealth Management pursuant to its share class conversion program |
• | Shares purchased from the proceeds of redemptions within the same fund family, provided (i) the repurchase occurs within 90 days following the redemption, (ii) the redemption and purchase occur in the same account, and (iii) redeemed shares were subject to a front-end or deferred sales charge |
• | Shares purchased in an investment advisory program |
• | Shares purchased within the same fund family through a systematic reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund |
• | Employees and registered representatives of Raymond James or its affiliates and their family members as designated by Raymond James |
• | Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement) |
• | A shareholder in the fund’s Class C shares will have their shares converted at net asset value to Class A shares (or the appropriate share class) of the fund if the shares are no longer subject to a CDSC and the conversion is in line with the policies and procedures of Raymond James |
• | Death or disability of the shareholder |
• | Shares sold as part of a systematic withdrawal plan as described in the fund’s prospectus |
• | Return of excess contributions from an IRA Account |
• | Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching the qualified age based on applicable IRS regulations as described in the fund’s prospectus |
• | Shares sold to pay Raymond James fees but only if the transaction is initiated by Raymond James |
• | Shares acquired through a right of reinstatement |
• | Breakpoints as described in the fund’s prospectus |
• | Rights of accumulation which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser’s household at Raymond James. Eligible fund family assets not held at Raymond James may be included in the calculation of rights of accumulation only if the shareholder notifies his or her financial professional about such assets |
• | Letters of intent which allow for breakpoint discounts based on anticipated purchases within a fund family, over a 13-month time period. Eligible fund family assets not held at Raymond James may be included in the calculation of letters of intent only if the shareholder notifies his or her financial professional about such assets |
• | Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family) |
• | Shares purchased by employees and registered representatives of Janney or its affiliates and their family members as designated by Janney |
• | Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within ninety (90) days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (i.e., right of reinstatement) |
• | Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh plans |
• | Shares acquired through a right of reinstatement |
• | Class C shares that are no longer subject to a contingent deferred sales charge and are converted to Class A shares of the same fund pursuant to Janney’s policies and procedures |
• | Shares sold upon the death or disability of the shareholder |
• | Shares sold as part of a systematic withdrawal plan as described in the fund’s prospectus |
• | Shares purchased in connection with a return of excess contributions from an IRA account |
• | Shares sold as part of a required minimum distribution for IRA and retirement accounts if the redemption is taken in or after the year the shareholder reaches qualified age based on applicable IRS regulations |
• | Shares sold to pay Janney fees but only if the transaction is initiated by Janney |
• | Shares acquired through a right of reinstatement |
• | Shares exchanged into the same share class of a different fund |
• | Breakpoints as described in the fund’s prospectus |
• | Rights of accumulation (ROA), which entitle shareholders to breakpoint discounts, will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser’s household at Janney. Eligible fund family assets not held at Janney may be included in the ROA calculation only if the shareholder notifies his or her financial professional about such assets |
• | Letters of intent which allow for breakpoint discounts based on anticipated purchases within a fund family, over a 13-month time |
period. Eligible fund family assets not held at Janney may be included in the calculation of letters of intent only if the shareholder notifies his or her financial professional about such assets |
• | Associates of Edward Jones and its affiliates and their family members who are in the same pricing group (as determined by Edward Jones under its policies and procedures) as the associate. This waiver will continue for the remainder of the associate’s life if the associate retires from Edward Jones in good-standing and remains in good standing pursuant to Edward Jones’ policies and procedures |
• | Shares purchased in an Edward Jones fee-based program |
• | Shares purchased through reinvestment of capital gains distributions and dividend reinvestment |
• | Shares purchased from the proceeds of redeemed shares of the same fund family so long as the following conditions are met: 1) the proceeds are from the sale of shares within 60 days of the purchase, and 2) the sale and purchase are made in the same share class and the same account or the purchase is made in an individual retirement account with proceeds from liquidations in a non-retirement account |
• | Shares exchanged into Class A shares from another share class so long as the exchange is into the same fund and was initiated at the discretion of Edward Jones. Edward Jones is responsible for any remaining CDSC due to the fund company, if applicable. Any future purchases are subject to the applicable sales charge as disclosed in the prospectus |
• | Exchanges from Class C shares to Class A shares of the same fund, generally, in the 84th month following the anniversary of the purchase date or earlier at the discretion of Edward Jones |
• | Shares sold upon the death or disability of the shareholder |
• | Shares sold as part of a systematic withdrawal plan (limited to up to 10% per year of the account value) |
• | Return of excess contributions from an Individual Retirement Account (IRA) |
• | Shares sold as part of a required minimum distribution for IRA and retirement accounts if the redemption is taken in or after the year the shareholder reaches qualified age based on applicable IRS regulations |
• | Shares sold to pay Edward Jones fees or costs in such cases where the transaction is initiated by Edward Jones |
• | Shares exchanged at Edward Jones’ discretion in an Edward Jones fee-based program. In such circumstances, Edward Jones is responsible for any remaining CDSC due to the fund company, if applicable |
• | Shares acquired through a right of reinstatement |
• | Shares redeemed at the discretion of Edward Jones for Minimum Balances, as described below |
• | Breakpoint pricing, otherwise known as volume pricing, at dollar thresholds, as described in this prospectus |
• | Rights of Accumulation (ROA). The applicable sales charge on a purchase of Class A shares is determined by taking into account all share classes (except certain money market funds and any assets held in group retirement plans) of the fund family held by the shareholder or in an account grouped by Edward Jones with other accounts for the purpose of providing certain pricing considerations (pricing groups). If grouping assets as a shareholder, this includes all share classes held on the Edward Jones platform and/or held on another platform. The inclusion of eligible fund family assets in the ROA calculation is dependent on the shareholder notifying Edward Jones of such assets at the time of calculation. The employer maintaining a SEP IRA plan and/or SIMPLE IRA plan may elect to establish or change ROA for the IRA accounts associated with the plan to a plan-level grouping as opposed to including all share classes at a shareholder or pricing group level. ROA is determined by calculating the higher of cost minus redemptions or market value (current shares x NAV). Money market funds are included only if such shares were sold with a sales charge at the time of purchase or acquired in exchange for shares purchased with a sales charge |
• | Letter of Intent (LOI). Through a LOI, shareholders can receive the sales charge and breakpoint discounts for purchases shareholders intend to make over a 13-month period from the date Edward Jones receives the LOI. The LOI is determined by calculating the higher of cost or market value of qualifying holdings at LOI initiation in combination with the value that the shareholder intends to buy over a 13-month period to calculate the front-end sales charge and any breakpoint discounts. Each purchase the shareholder makes during that 13-month period will receive the sales charge and breakpoint discount that applies to the total amount. The inclusion of eligible fund family assets in the LOI calculation is dependent on the shareholder notifying Edward Jones of such assets at the time of calculation. Purchases made before the LOI is received by Edward Jones are not adjusted under the LOI and will not reduce the sales charge previously |
paid. Sales charges will be adjusted if LOI is not met. If the employer maintaining a SEP IRA plan and/or SIMPLE IRA plan has elected to establish or change ROA for the IRA accounts associated with the plan to a plan-level grouping, LOIs will also be at the plan-level and may only be established by the employer |
• | Initial purchase minimum: $250 |
• | Subsequent purchase minimum: none |
• | Edward Jones has the right to redeem at its discretion fund holdings with a balance of $250 or less. The following are examples of accounts that are not included in this policy: |
• | A fee-based account held on an Edward Jones platform |
• | A 529 account held on an Edward Jones platform |
• | An account with an active systematic investment plan or LOI |
• | At any time it deems necessary, Edward Jones has the authority to exchange at NAV a shareholder’s holdings in a fund to Class A shares of the same fund |
• | Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund |
• | Shares purchased by employees and registered representatives of Baird or its affiliates and their family members as designated by Baird |
• | Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales charge (known as rights of reinstatement) |
• | Class C shares will be converted at net asset value to Class A shares of the same fund if the shares are no longer subject to CDSC and the conversion is in line with the policies and procedures of Baird |
• | Employer-sponsored retirement plans or charitable accounts in a transactional brokerage account at Baird, including 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans. For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs |
• | Shares sold due to death or disability of the shareholder |
• | Shares sold as part of a systematic withdrawal plan as described in the fund’s prospectus |
• | Shares bought due to returns of excess contributions from an IRA Account |
• | Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching the qualified age based on applicable IRS regulations as described in the fund’s prospectus |
• | Shares sold to pay Baird fees but only if the transaction is initiated by Baird |
• | Shares acquired through a right of reinstatement |
• | Breakpoints as described in this prospectus |
• | Rights of accumulations which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holdings of fund family assets held by accounts within the purchaser’s household at Baird. Eligible fund family assets not held at Baird may be included in the rights of accumulations calculation only if the shareholder notifies his or her financial advisor about such assets |
• | Letters of Intent (LOI) allow for breakpoint discounts based on anticipated purchases within the fund family through Baird, over a 13-month period of time |
• | Class C shares that have been held for more than seven (7) years converted to Class A shares of the same fund pursuant to Stifel’s policies and procedures. |
|
©
2022 John Hancock Investment Management Distributors LLC, Member FINRA,
SIPC
200 Berkeley Street Boston, MA 02116 800-225-5291, jhinvestments.com Manulife,
Manulife Investment Management, Stylized M Design, and Manulife Investment
Management & Stylized M Design are trademarks of The Manufacturers
Life Insurance
Company and are used by its affiliates under license. |
|
SEC
file number: 811-21779 RL0PN 1/1/22 |