Fund info

John Hancock Multimanager Lifestyle Growth Fund is an open-end mutual fund designed to pursue long-term capital growth, primarily by diversifying investments across a broad array of asset classes. The fund typically allocates about 80% of its assets to underlying funds that invest in equity securities and 20% to underlying funds focused on fixed-income instruments, reflecting a growth-oriented but moderately aggressive risk profile. This structure seeks to balance growth potential with some income generation, making it well-suited to investors aiming for asset appreciation while managing volatility. A notable characteristic of the fund is its multimanager approach, leveraging both internal and external investment management teams to provide exposure to various investment styles, market sectors, and geographic regions. Major underlying holdings often include large-cap U.S. equities, international equities, value and growth strategies, and strategic sector allocations. The fund periodically adjusts its asset allocation to maintain alignment with its strategic growth objective, though its structure is considered relatively complex compared to simpler balanced funds. With assets under management in the billions and a focus on diversified exposure, the John Hancock Multimanager Lifestyle Growth Fund plays a significant role as a core holding for investors seeking growth within a professionally managed, asset allocation framework.