Please consult your own independent advisor as to any investment, tax, or legal statements made. USD | NAV as of Apr 28, 2023 | 1-Day Return as of Apr 28, 2023, 10:14 PM GMT+0. Ultrashort Bond: Ultrashort bond portfolios invest primarily in investment-grade U.S. fixed-income issues and have durations of less than one year (or, if duration is unavailable, average effective maturities of less than one year). Thus, the ability of a stable value fund to pay withdrawals at book value depends on the ability of the Stability Provider(s) to make payments under the Stabilizing Agreements. Merger and Replacement Transition Risk for Sub-Account. NOT FDIC INSURED. NOT BANK GUARANTEED. 2023 John Hancock. Performance data reflects changes in the prices of a sub-account's investments (including the shares of an underlying mutual fund, collective trust, or ETF), reinvestment of dividends and capital gains and deductions for the sub-account charges.The performance data presented represents past performance. Allocating assets to only one or a small number of the investment options (other than an asset allocation investment option such as a target date or target risk option) should not be considered a balanced investment program. BOSTON, Dec. 5, 2022 /CNW/ - John Hancock Investment Management, a company of Manulife Investment Management, today announced enhancements to the John Hancock Freedom 529 education savings plan. | 1-Day Return as of Apr 28, 2023, 10:14 PM GMT+0, Muni National Intermediate-Term Bond Funds, Transparency is our policy. Strategy and process ** Performance of the Sub-account The performance data for a sub-account for any period prior to the sub-account Inception Date is hypothetical based on the performance of the underlying portfolio.+This class was introduced May 23, 2008. Refer to the Massachusetts contract for more details about the John Hancock Stable Value Guaranteed Income Fund. Analysis of performance and other indicative facts are also considered. Source:Stable Value Investment Association Quarterly Characteristics Survey for 2Q2019, Stable Value Investment Association, 2019. John Hancock Life Insurance Company (U.S.A.) makes available a platform of investment alternatives to sponsors or administrators of retirement plans without regard to the individualized needs of any plan. Performance information current to the most recent month-end is available on our website myplan.johnhancock.com. The Net Expense Ratio represents the effect of a fee waiver and/or expense reimbursement and is subject to change. A stable value fund typically provides a participant market value protection through a "wrap contract" from an insurance company or other investment contract which guarantees the payment of plan benefits at book value, even when the market value of the stable value fund is insufficient to pay benefits. Credit and Counterparty Risk for Fixed Income. "covered service provider" is a service provider that: Returns shown reflect the Expense Ratio of the sub-account. The objective of the John Hancock Stable Value Fund is preservation of capital and returns that beat money market funds over a full interest rate cycle. Contact your John Hancock representative if you wish to obtain a copy. A.M. Best RatingAM Best's methodologies for rating is a comprehensive overview of the credit rating process, which consists of quantitative and qualitative evaluations of balance sheet strength, operating performance, business profile, and enterprise risk management.Fitch RatingsThe terms investment grade and speculative grade have established themselves over time as shorthand to describe the categories AAA to BBB (investment grade) and BB to D (speculative grade). John Hancock Disciplined Value Mid Cap Fund R6 1. Learn the basics and their unique terminology. Market Risk for Stable Value Fund Although individual securities or individual funds may outperform the market, the entire market may decline as a result of rising interest rates, regulatory developments or deteriorating economic conditions. Exclusive Reliable Empowering Stable Value is unique: Contact your John Hancock representative if you wish to obtain a copy. the John Hancock Stable Value Fund Service Provider Supplemental Disclosure under ERISA 408(b)(2), if your plan has selected the John Hancock Stable Value Fund as an Investment Option for its Contract Q2 Who would be considered a "Covered Service Provider" for our plan? Interest Rate Risk for Fixed Income. Past performance is no guarantee of future results. Fund Inception Date 01-30-81 Management Company Columbia Mgmt Investment Advisers, LLC Telephone 612-671-9557 Web Site www.ameriprise.com Issuer Columbia Threadneedle Investments Category Description: Stable Value Stable value funds seek to provide income while preventing price fluctuations. Commingled or pooled stable value fund: A commingled stable value fund is made up of a portfolio of bonds (which may be held in a commingled trust or in an insurance companys separate account) and insurance company or bank-wrap contracts. FTSE Treasury Bill 3-Month Index: An unmanaged, market capitalization weighted, index of 3-month Treasury bills. Past performance is not a guarantee of future results. The ticker symbols do not directly apply to the John Hancock sub-account and therefore any public information accessed using these symbols will not reflect the unit value of the subaccount, nor will such information reflect sub-account, contract-level or participant-level charges under your plan's group annuity contract. The effect of short-term trading may disrupt or be potentially disruptive to the management of the fund underlying an investment option and may thereby adversely impact the underlying funds performance, either by impacting fund management practices or by increasing fund transaction costs. The SEC staff granting no-action relief go a bank stable value fund that accepted assets of a Puerto Rico financial plan. The performance of an Index does not include any portfolio or insurance-related charges. Extension Risk. f1. It is co-managed. An exchange is defined as the full rebalance of a participants account, or single or multiple fund-to-fund transfers that involve multiple investment options (also referred to as inter-account transfers) on one day, and may be made over the Web, by fax, courier or mail, through our toll-free participant services line, or with a client account representative.Recognizing that there may be extreme market or other circumstances requiring a participant to make a further change, John Hancock will allow a participant to move 100% of their assets to a Money Market or Stable Value Fund (as available under the contract after the exchange limit has been reached; no subsequent exchanges may be made for 30 days.Once the 30-day hold has expired, participants can trade again in accordance with the above guidelines.The guidelines do not. An investment in a sub-account will fluctuate in value to reflect the value of the underlying portfolio and, when redeemed, may be worth more or less than original cost. Learn how it impacts everything we do. The John Hancock Stable Value Fund invests a portion of its assets in a separate investment account maintained by John Hancock Life & Health Insurance Company ('John Hancock Life & Health'), an affiliate of John Hancock USA, which has claimed an exclusion from the definition of the term 'Commodity Pool Operator' under CFTC Regulation 4.5 under the Commodity Exchange Act with respect to its operation of such separate account and, therefore, John Hancock Life & Health is not subject to registration or regulation as a pool operator under Regulation 4.5 for such separate account. These investment options may be sub-accounts (pooled funds) investing directly in underlying mutual fund, collective trusts, or ETFs, or they may be Guaranteed Interest Accounts.The Funds offered on the JH Signature platform are classified into five risk categories. Profile and investment Top 5 holdings Data delayed at least 15 minutes,. To preserve capital and provide stability of principal while earning current income that exceeds money market rates over the long term.The Fund is invested primarily in diversified fixed income funds and separately managed bond accounts run by internal and external sub-managers selected by John Hancock in its capacity as advisor to the Fund and manager of the underlying separate account in which the Fund is primarily invested, and in book value stabilizing agreements offered by state or federally regulated financial institutions. Although a portfolio will seek to maintain a stable value, there is a risk that it will not be able to do so, and participants may lose their investment if both the fund's investment portfolio and the wrapper provider fail. MAY LOSE VALUE. Verify your identity, personalize the content you receive, or create and administer your account. Neither John Hancock USA nor the Trustee guarantees the performance of the Stability Provider(s). In either case, the redemption of your interest by the affected fund, as well as the investment of the redemption proceeds by the ''new'' fund, may result in transaction costs to the funds because the affected funds may find it necessary to sell securities and the ''new'' funds will find it necessary to invest the redemption proceeds. Get our overall rating based on a fundamental assessment of the pillars below. The cumulative effect of fees and expenses can substantially reduce the growth of your retirement account. In the case where an underlying fund has either waived a portion of, or capped, its fees, the FER used to determine the ER of the sub-account that invests in the underlying fund is the net expense ratio of the underlying fund. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Each entity makes available a platform of investment alternatives to sponsors or administrators of retirement plans without regard to the individualized needs of any plan. The ticker symbols shown are for the underlying mutual fund, collective trusts or ETFs in which sub-accounts are invested. 8 days ago. John Hancock Disciplined Value Mid Cap R6 . Insurance company account: An insurance company can create a stable value fund with assets in its general account. The prospectuses (or Offering Memorandum/Trust Documents) for the sub-accounts underlying funds contain complete details on investment objectives, risks, fees, charges and expenses as well as other information about the underlying funds which should be carefully considered before investing. The Plan Disclosure Document contains complete details on. Although gathered from reliable sources, the information is not represented or warranted by Morningstar to be accurate, correct, complete or timely. She has a decent % of gains in VFIAX (+60%) so maybe best to not touch it. What does this mean? For the most up-to-date monthly crediting rates, please call 800-395-1113. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. The fund expects that the use of Stabilizing Agreements will (when combined with any benefit responsive contracts and short-term investments held as underlying investments), under most circumstances, permit the fund to pay all withdrawals from the fund at book value. Morningstar ratings are applicable to the underlying only and reflect historical risk-adjusted performance as of the most recent calendar quarter-end. Get the latest John Hancock Bond Fund Class R6 (JHBSX) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Unlock our full analysis with Morningstar Investor. Securities are offered through John Hancock Distributors LLC, member FINRA, SIPC.NOT FDIC INSURED. Stable value and money market funds both attempt to preserve capital while paying interest. Product features and availability may differ by state. Due to abnormal market conditions or redemption activity the fund may temporarily invest in cash and cash equivalents. These impacts are absorbed by other fund investors, including retirement plan participants. A market decline could adversely affect the market value of existing fixed income investments of a portfolio, as well as the yield available on investments of new cash flows. Benchmark index. The People Pillar is our evaluation of the JDVWX management teams experience and ability. The content of this document is for general information only and is believed to be accurate and reliable as of the posting date but may be subject to change. For further details, please refer to the Offering Statement and Declaration of Trust. Please try again later. Investment Policy. The funds right to receive payments for the benefit of, and its ability to distribute payments to, plan participants depends on the timely liquidation of separate account assets. Please refer to the underlying prospectus or offering documents for additional information.A. Because the fund invests in the separate account, the value of the fund and its ability to honor withdrawal requests from plan participants depends, in part, on the performance of JHLH. + When contributions are allocated to Funds under your employer's group annuity contract with John Hancock, they will be held in a sub-account (also referred to as "Fund"), which invests in shares of the specified underlying mutual fund, collective trust, ETF or a combination of these. JHancock Classic Value A PZFVX Morningstar Analyst Rating Quantitative rating as of Mar 31, 2023 | See John Hancock Investment Hub Quote Chart Fund Analysis Performance Sustainability Risk. S&PCredit ratings of AA- or better are considered to be high credit quality; credit ratings of BBB- are good credit quality and the lowest category of investment grade; credit ratings BB+ and below are lower-rated securities (junk bonds); and credit ratings of CCC+ or below have high default risk. Equity Wash Transfers from the Stable Value Fund to a competing fund are subject to a standard 90-day equity wash provision. John Hancock Tax-Advantaged. However, the default of a Stability Provider and an inability to obtain a replacement Stabilizing Agreement could render the fund unable to pay withdrawals at book value. It is divided into two sections, investment grade and speculative grade. 4A. Manager Risk for Fixed Income. The plan has recently added a stable value portfolio to its investment options and reduced fees on the John Hancock Freedom 529 education savings plan. All plan information is confidential and you agree to safeguard and protect such information in accordance with the standards required by law and use such information only for authorized plan administration purposes. NOT BANK GUARANTEED. Although individual securities or individual funds may outperform the market, the entire market may decline as a result of rising interest rates, regulatory developments or deteriorating economic conditions. The fixed income . The performance data for a sub-account for any period prior to the sub-account Inception Date is hypothetical based on the performance of the underlying investment since inception of the underlying investment. John Hancock does not provide advice regarding appropriate investment allocations. The lowest investment-grade rating is Baa3. Risks Relating to John Hancock. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. This investment option is deemed a 'Competing' investment option with the Federated Capital Preservation Fund and may not be available if the Federated Capital Preservation Fund is selected. Stable Val Guaranteed Inc Fund (John Hancock Stable Value Guaranteed Income Fund) Advisor Total Bond Fund (FBKWX) (Fidelity Advisor Total Bond Fund (Class Z) High-Yield Fund (PHYOX) (PGIM High-Yield Fund (Class R6)) 2020 Target Date Retirem Fund (RRCTX) (American Funds 2020 Target Date Retirement Fund (Class R6)) We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. 5A. Because of their focus on bonds with very short durations, these portfolios offer minimal interest-rate sensitivity and therefore low risk and total return potential. The content of this website is for general information only and is believed to be accurate and reliable as of the posting date, but may be subject to change. Although the underlying portfolio seeks to preserve the value of an investment, it is possible to lose money by investing in this portfolio. Marketing support services are provided by John Hancock Distributors LLC. Please call 800-395-1113 to obtain the Fund Sheet for the group annuity investment option sub-accounts and/or to obtain a prospectus (or Offering Memorandum/Trust Document) for the sub-accounts' underlying fund, that are available on request. JSCCX | A complete John Hancock Small Cap Value Fund;R6 mutual fund overview by MarketWatch. Investments in investment-grade securities that are not rated in the highest rating categories may lack the capacity to pay principal and interest compared with higher-rated securities and may be subject to increased credit risk. The underlying securities in each portfolio are the primary factor Morningstar uses as the investment objective and investment strategy stated in a funds prospectus may not be sufficiently detailed for our proprietary classification methodology. The obligations of each Stability Provider are general, unsecured obligations of such Stability Provider. Actively managed investments are subject to the risk that the investment managers usage of investment techniques and risk analysis to make investment decisions fails to perform as expected, which may cause the relevant portfolio to lose money or underperform investments with similar objectives and strategies or the market in general. Contact your John Hancock representative if you wish to obtain a copy. These charges, if included, would otherwise reduce the total return for a participant's account. Home Funds Stable Value Fund Seeks to deliver intermediate-bond-like returns while seeking to maintain a stable net asset value Highlights Literature Performance Expenses Objective The fund seeks to preserve principal and achieve high current income through a diversified portfolio of high-quality investment contracts. The prospectus contains this and other important information about the fund. The terms investment grade and speculative grade are market conventions and do not imply any recommendation or endorsement of a specific security for investment purposes. The availability of products, Funds and contract features may be subject to Broker-Dealer Firm approval, State approval, Broker Licensing requirements, tax law requirements, or other contract-related requirements. ***Morningstar Portfolio Ratings All Morningstar data is 2023 by Morningstar, Inc. All rights reserved. It is not intended to provide investment, tax, or legal advice (unless otherwise indicated). We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. If a 10 year Standard Deviation is not available for a Morningstar Category, then the 5 year Standard Deviation of the underlying fund's Morningstar Category is used to determine the Fund's risk category. Also, the redemption and reinvestment processes, including any transition period that may be involved in completing such mergers and replacements, could be subject to market gains or losses, including those from currency exchange rates. Asset class/Investment style : Asset class refers to the broad category of investments the portfolio, or underlying fund, currently holds. Maturity/Duration for Fixed Income. The fixed income portfolios selected for the John Hancock Stable Value Fund are structured along the yield curve with allocations to short term, intermediate term and core strategies. View mutual fund news, mutual fund market and mutual fund interest rates. GMO is not offering or placing interests in the Funds, to or with or otherwise promoting the Funds to any natural or legal persons domiciled or with a registered office in any Eur Morningstar Ratings*1 and Ticker Symbols Contract Name: WORKSMART SYSTEMS, INC. Contract Number: 23540 Prepared on Dec 17, 2015 Page 3 of 9 NOT VALID WITHOUT ALL PAGES. Stable value is a principal preservation option in a Defined Contribution Plan that provides returns comparable to intermediate duration bonds with volatility comparable to money market funds. Well send an authorization code to your email on file. vantagepoint plus fund tickeraloe vera for fungal acne. Allocation percentages may vary or be adjusted due to market or economic conditions or other reasons as set out in the prospectus. If a 5 year Standard Deviation is not available for a Morningstar Category, then the 5 year Standard Deviation of the underlying fund's Morningstar Category Index is used to determine the Fund's risk category. Fund availability subject to regulatory approval and may vary from state to state. 2A. For further details, please refer to the Offering Circular and Declaration of Trust. Stable value funds are important principal preservation vehicles. We have sent an email to {0}. 401(k) plans have to offer a diversified investment lineup, which usually includes a principal preservation option. Learn key differences between stable value and money market funds. For these services, John Hancock and its affiliates receive additional fees which are included in the underlying fund expense ratio (i.e. Some Vanguard, Fidelity, T. Rowe Price, and other mutual fund estimate big dispersals despite big losses. Stable value fund due diligence| John Hancock Retirement January 31, 2020 Stable value due diligence For decades, stable value funds have been used for principal preservation in retirement plans. Extension Risk The issuer of a security may repay principal more slowly than expected because of rising interest rates. In this event, short- and medium duration securities are effectively converted into longer-duration securities, increasing their sensitivity to interest-rate changes and causing their prices to decline. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. To preserve capital and provide stability of principal while earning current income that exceeds money market rates over the long term.The Fund is invested primarily in diversified fixed income funds and separately managed bond accounts run by internal and external sub-managers selected by John Hancock in its capacity as advisor to the Fund and How we use your information depends on the product and service that you use and your relationship with us. Plans that select the Fund may not select any "competing fund" in their plan. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. John Hancock Retirement Plan Services Codes This chart depicts the 3 letter Fund code for the subaccount, as well as the Share Class, ticker symbols and CUSIP for underlying funds in which sub-accounts are invested. Your actual costs of investing in the fund may be higher than the expenses shown in "Annual fund operating expenses" for a variety of reasons. Prepayment Risk for Fixed Income. Credit and Counterparty Risk for Stable Value Fund An investor purchasing a fixed income security (including a GIC or other benefit responsive contract) faces the risk that the value of that fixed income security may decline because the credit-worthiness of the issuer, guarantor or other counterparty may deteriorate, or such party may fail to make timely payments of interest or principal to the investor.
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