Fees and expenses are only one of several factors that you should consider when making investment decisions. Securities are offered through John Hancock Distributors LLC, member FINRA, SIPC.NOT FDIC INSURED. Withdrawals or transfers initiated by participants will generally be paid at book value, except where they are the result of plan sponsor actions. A Separate Account or a portfolio related to other benefit responsive contracts may invest in asset-backed securities. Consult your John Hancock representative for details. Although there can be no assurances that all risks can be eliminated, John Hancock as manager of the underlying funds will use its best efforts to manage and minimize such risks and costs. 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. Issuer Risk for Guaranteed Fund. Our prudent approach to risk management helps protect customers' money. Depending on the Funds selected or recommended by the plan fiduciaries (and whether or not any Funds are recommended or selected), John Hancock and its affiliates may receive additional compensation from the Funds, in the form of 12b-1 fees, transfer agent fees, investment management fees, or otherwise. Funds with scores in the top 10% of each category receive 5 stars (highest); the next 22.5%, 4 stars (above average); the next 35%, 3 stars (average); the next 22.5%, 2 stars (below average); and the bottom 10%, 1 star (lowest). Due to abnormal market conditions or redemption activity the fund may temporarily invest in cash and cash equivalents. Contact your John Hancock representative if you wish to obtain a copy. PDF Prudential Stable Value Fund - Prudential Financial Fund Expense Ratio or FER). 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). December 31, 2020 and 2019 . Performance information current to the most recent month-end is available on our website myplan.johnhancock.com. Peer Group Performance: With respect to the Funds that display a Peer Group Performance. 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). All other performance data is actual (except as otherwise indicated). Such trade restrictions may be more restrictive than the above guidelinesRestricting the number of exchanges made during a defined periodRestricting the dollar amount of exchangeRestricting the method used to submit exchanges (e.g., requiring exchange requests to be submitted in writing via U.S. mail)Restricting exchanges into and out of certain investment options Participants can read about the short-term trading policy at myplan.johnhancock.com under the "modify your account - change account" feature. Allocation percentages may vary or be adjusted due to market or economic conditions or other reasons as set out in the prospectus. Withdrawals for plan distributions, loans, hardship withdrawals, and transfers to other investments will be paid at full value. * The Net expense ratio shown is for the underlying fund and reflects any fee waivers or expense reimbursements and is subject to change. Refer to the prospectus of the underlying fund for details.When calculating the Expense Ratio of the sub-account, the net expense ratio of the underlying fund is used. Credit and Counterparty Risk for Fixed Income. All performance calculations shown have been prepared solely by John Hancock USA. 1 Stable value funds have a low sensitivity to interest-rate changes PZFVX - JHancock Classic Value A Fund Stock Price | Morningstar Sub-Account Inception Date: July 24, 2020 Underlying fund Inception Date: July 24, 2020. 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. All other performance data is actual (except as otherwise indicated). 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. Stable Value Portfolio, which seeks to maintain stability of principal and maximize current income, joined John Hancock Freedom 529 education savings plan's lineup of investment options on December 1, 2022. Group annuity contracts and recordkeeping agreements are issued by John Hancock Life Insurance Company (U.S.A.), Boston, MA (not licensed in New York). Federated Hermes Capital Preservation Fund John Hancock Credit Risk. Information Concerning John Hancocks Short-Term Trading Policy The group annuity contract is not designed for short-term trading. 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. PDF Wilmington Trust Collective Investment Trust Wtna Stable Value Funds If these charges were reflected, performance would be lower. The Fund is available for 401 (k), 401 (a), governmental 457 (b) and Taft-Hartley plans. 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. Like money market, stable value pays interest and offers a fixed net asset value. The ticker symbols shown are for the underlying mutual fund, collective trusts or ETFs in which sub-accounts are invested. Principal Amount or Shares Cost Fair Value Guaranteed Investment Contracts - 94.3% Great-West Guaranteed FundingAgreement 599950-01 1,539,665,223 $ 1,539,665,223 $ 1,539,665,223 John Hancock Life Insurance Company has a more than 30-year track record of backing guaranteed interest contracts and has been a stable value asset manager since 2006, with total stable value assets under management above $2.7 billion with over 12,000 plans 1. The value of such securities depends on many factors, including, but not limited to, changes in interest rates, the structure of the pool and the priority of the securities within that structure, the credit quality of the underlying assets, the skill of the pools servicer, the market's perception of the pools servicer, and credit enhancement features (if any). The lowest investment-grade rating is Baa3. 5A. The Signature Menu was introduced December 8, 2014. 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. The performance of an Index does not include any portfolio or insurance-related charges. Past performance is no guarantee of future results and current performance may be lower or higher than the performance quoted. The John Hancock Stable Value Fund is a collective investment trust that invests in diversified fixed-income mutual funds and contract value stabilizing agreements. Peer groups are unmanaged and cannot be invested in directly. Performance data reflects changes in the prices of a sub-account's investments (including the shares of an underlying fund), reinvestment of dividends and capital gains and deductions for the Expense Ratio (ER). 26. JohnHancock Financial Industries Fund Ultrashort is defined as 25% of the three-year average effective duration of the MCBI. The information shown is based on the most recent available information for the underlying mutual fund, collective trust, or ETF (collectively referred to as underlying fund) as of the date of printing and is subject to change. Unless otherwise specifically stated in writing, John Hancock Life Insurance Company (U.S.A.) does not, and is not undertaking to, provide impartial investment advice or give advice in a fiduciary capacity. You want to preserve capital as your primary objective, You want an investment that has a low correlation to equities, You want returns similar to medium-term bond funds with less volatility, You want an investment option that provides liquidity and is generally accessible for withdrawals by participants at book value, You want the added security of an account value that is guaranteed by third parties. Returns shown reflect the Expense Ratio of the sub-account. Investment grade categories indicate relatively low to moderate credit risk, while ratings in the speculative categories either signal a higher level of credit risk or that a default has already occurred.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. : Expense Ratios), and transaction-related charges (e.g. Contact your John Hancock representative if you wish to obtain a copy. Allocation percentages may vary or be adjusted due to market or economic conditions or other reasons as set out in the prospectus. 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. These charges, if included, would otherwise reduce the total return for a participant's account. The Fund's investment objective is to provide total return with a focus on current income and gains and also consisting of long-term capital appreciation.Under normal circumstances, the Fund will invest at least 80% of its net assets (assets plus borrowings for investment purposes) in equity and equity-related securities. Moody's appends numerical modifiers 1, 2, and 3 to each generic rating classification from Aa through Caa. Asset class/Investment style : Asset class refers to the broad category of investments the portfolio, or underlying fund, currently holds. The underlying fund company has not reviewed the sub-accounts performance. In particular, allocating assets to a small number of investment options concentrated in particular business or market sectors could subject an account to increased risk and volatility.
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