John Hancock Funds Retirement Choices at 2040 Portfolio Class R6 (JRRSX)
| 13.69 Net Asset Value | +0.66% 1 Day | -0.15% Year-to-Date | Overall Morningstar Rating |
| Target date 2036-2040 Style or Category | No Load Sales Expenses | 0.68% Expense Ratio | Below Average Morningstar Risk Rating™ |
Investment Objective The investment seeks high total return until the fund's target retirement date, with a greater focus on income as the target date approaches.
The fund primarily invests its assets in underlying funds using an asset allocation strategy designed for investors expected to retire around the year 2040. The portfolio managers of the fund allocate assets among the underlying funds according to an asset allocation strategy that becomes increasingly conservative over time. The fund is designed for investors planning to retire around the year 2040, has a target asset allocation of 80% of its assets in underlying funds that invest primarily in equity securities.
Performance
| 1 month | -1.81% | 3 years | -- | |
| 3 months | +0.82% | 5 years | -- | |
| 1 year | +8.02% | Since inception | +12.62% |
Data through --
Peer Comparisonvs. Target date 2036-2040
| JRRSX | Category | |
|---|---|---|
| Performance 5-yr return | -- | +9.83% |
| Expense ratio | 0.68% | 1.03% |
| Risk 5 year sharpe ratio | -- | 0.82 |
| Net assets | $716.0M | $1.5B |
| Average market cap | $39.8B | $33.4B |
| Average P/E | 17.7 | 17.9 |
| Portfolio turnover | 9% | 9% |
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Fund Management and Purchase Info
| Fund family | John Hancock |
| Fund manager & tenure | Robert"Bob" Boyda / 4 Years |
| Minimal initial investment | $1,000,000.00 |
| Minimum IRA investment | -- |
Holdings
| U.S. stock | 55.54% |
| International stock | 21.21% |
| Fixed income | 19.70% |
| Cash | 3.33% |
| Other | 0.22% |
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| -- JHFunds2 Strategic Equity Allc NAV | 68.66% |
| BND Vanguard Total Bond Market ETF | 5.54% |
| JNK SPDR® Barclays High Yield Bond ETF | 5.08% |
| VIG Vanguard Dividend Appreciation ETF | 4.33% |
| VWO Vanguard FTSE Emerging Markets ETF | 3.43% |
| BKLN PowerShares Senior Loan ETF | 2.00% |
| VCIT Vanguard Intermediate-Term Corp Bd ETF | 1.94% |
| BIV Vanguard Intermediate-Term Bond ETF | 1.85% |
| VGT Vanguard Information Technology ETF | 1.44% |
| SCPB SPDR® Barclays Short Term Corp Bd ETF | 1.27% |
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