John Hancock Multimanager 2045 Lifetime Portfolio Q4 2025 Commentary

John Hancock Investment Management27 FollowersFollow5ShareSavePlay(6min)CommentsSummaryThe fund posted a gain but slightly underperformed its benchmark.Global equities registered solid gains in the fourth quarter, helping the major, broad-based indexes record their third consecutive year of double-digit returns.The fund's overweight in equities versus bonds contributed to relative performance.The allocation to defensive equities was a modest detractor at a time in which more speculative stocks were in favor.We believe investors are better served by maintaining broad-based diversification rather than relying on another year of positive relative performance for a handful of companies. Lahiru Lakmal/iStock via Getty Images Quarterly commentary Most asset categories produced solid returns in the final three months of 2025, reflecting the favorable backdrop for the world financial markets. The fund posted a gain but slightly underperformed its benchmark. This article was written byJohn Hancock Investment Management27 FollowersFollowA company of Manulife Investment Management, John Hancock Investment Management serves investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship. Note: This account is not managed or monitored by John Hancock Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use John Hancock Investment Management's official channels.