JHancock Multimanager Lifestyle Mod 1 JILMX

The fund normally invests approximately 60% of its assets in underlying funds that invest primarily in fixed-income securities and approximately 40% in underlying funds that invest primarily in equity securities. It may have an equity/fixed income underlying fund allocation ranging between 50%/50% and 30%/70%. The fund may invest in various actively managed underlying funds that, as a group, hold a wide range of equity-type securities. The fund is non-diversified.