John Hancock Retirement Offers New Stable Value Guaranteed Income Fund Stable value funds post high yields with relatively low risk, and your retirement plan could already be invested in this asset class. 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. 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. Any difference between the market value and book value will be taken into consideration when setting future crediting rates. The underlying mutual fund, collective trust, or ETF has the right to restrict trade activity without prior notice if a participant's trading is determined to be in excess of their exchange policy, as stated in the prospectus or offering memorandum. Performance charts for John Hancock Stable Value Portfolio Fund (JSJWX) including intraday, historical and comparison charts, technical analysis and trend lines. Securities are offered through John Hancock Distributors LLC, member FINRA, SIPC.NOT FDIC INSURED. Examples of business or market sectors where this risk may be particularly high include: a) technology-related businesses, including Internet-related businesses, b) small-cap securities and c) foreign securities. Private Fund Risk. Consult your John Hancock representative for details. 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. **A funds investment objectives, risks, charges, and expenses should be considered carefully before investing. If the fund is new and has no portfolio history, Morningstar estimates where it will fall before giving it a permanent category assignment. Returns for any period greater than one year are annualized. 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). 166. Redemption fees or market value adjustments associated with exchanges from particular investment options are described on applicable fund sheets, which are available online. 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). Equity, or stock underlying funds may be categorized by the size of the securities in which the fund invests (market capitalization). The lowest investment-grade rating is Baa3. Manager or Sub-Adviser refers to the manager of the underlying fund, or to the sub-adviser of the underlying John Hancock Trust, John Hancock Funds II, or John Hancock Funds III fund in which the sub-account invests. Once the plan fiduciary has been notified and unless they elect otherwise, in the case of fund mergers and replacements, the affected funds that are being merged or replaced may implement the redemption of your interest by payment in cash or by distributing assets in kind. 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. For further details regarding risk and other risks that may apply please refer to the John Hancock Stable Value Guaranteed Income Fund Product Guide. John Hancock conducts business in English. Requests may be cancelled if not within our guidelines.Participants are allowed a maximum of two exchanges per calendar month. 6A. These impacts are absorbed by other fund investors, including retirement plan participants. Investment style tells you whether the underlying fund invests in securities of companies that exhibit growth-style characteristics, such as above-average revenue and earnings growth, or in securities that exhibit value-style characteristics, such as shares considered to be underpriced in relation to fundamental measures such as revenues, earnings and assets. Fund Expense Ratio or FER). The John Hancock Stable Value Fund Collective Investment Trust (the "Trust") is a bank-maintained collective trust fund ("BCT") . This investment option is deemed a 'Competing' investment option with the Reliance Trust New York Life Anchor Account and may not be available if the Reliance Trust New York Life Anchor Account is selected. Please confirm with your local John Hancock Representative if you have any questions about product, Fund or contract feature availability. Listed holdings do not represent all of the holdings in the underlying fund. 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. apply to regular allocations, loans, or withdrawalsIn addition, on an ongoing basis, participant account activity is reviewed for trading activity that, though within the monthly exchange limit, could be detrimental to an underlying fund and/or contrary to its exchange policies, as described in the funds prospectus. The interest rate is declared in advance of the semiannual rate reset period. 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. 26. Collective investment trusts (CITs) are tax-exempt, pooled investment vehicles maintained by a bank or trust company, and they're available only to ERISA-qualified retirement accounts. Although gathered from reliable sources, the information is not represented or warranted by Morningstar to be accurate, correct, complete or timely. For more information on a particular investment option, please refer to John Hancock USA's Fund sheets, available through the Web site or your John Hancock USA representative. . For example, expense ratios may be higher than those shown if a fee limitation is changed or terminated or if average net assets decrease. The risk category in which a Fund is placed is determined based on where the 10 year Standard Deviation (defined below) of the underlying fund's Morningstar Category falls on the following scale: if the 10 year Standard Deviation of the underlying fund's Morningstar Category is 15.00 or higher, the Fund is classified as "Aggressive;" between 13.00 and 14.99 as "Growth;" between 7.00 and 12.99 as "Growth & Income;" between 2.00 and 6.99 as "Income;" and 1.99 and below as "Conservative." 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). Withdrawals caused by the Plan sponsor may either be paid out immediately (subject to a market value adjustment) or at the full contract value over a period of five years. 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. All rights reserved. Why stable value? The statements in this letter represent the views of the Division of Investment Management. John Hancock Stable Value Guaranteed Income Fund Performance does not reflect any applicable contract-level or certain participant-level charges, fees for guaranteed benefits if elected by participant under the group annuity contract or redemption fees imposed by the underlying Portfolio. 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. Although the underlying portfolio seeks to preserve the value of an investment, it is possible to lose money by investing in this portfolio. What is a CIT | John Hancock Retirement Returns shown reflect the Expense Ratio of the sub-account. John Hancock Retirement Plan Services 200 Berkeley Street Boston, MA 02116. 52. 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. PDF John Hancock's ERISA 408(b)(2) Disclosure Document - SEC 166. Withdrawals for plan distributions, loans, hardship withdrawals, and transfers to other investments will be paid at full value. The ticker symbols shown are for the underlying mutual fund, collective trusts or ETFs in which sub-accounts are invested. Contact your John Hancock representative for details.An investment in the John Hancock Stable Value Fund is not an insured deposit, nor an obligation of, nor guaranteed by, John Hancock USA, the Fund's Trustee or its Advisor, The Federal Deposit Insurance Corporation (FDIC) or any government agency and is subject to certain market risks. Standard Deviation is defined by Morningstar as a statistical measurement of dispersion about an average, which, for an underlying fund, depicts how widely the returns varied over a certain period of time.The placement of each investment option's risk/return category is subject to change. Examples of business or market sectors where this risk may be particularly high include: a) technology-related businesses, including Internet-related businesses, b) small-cap securities and c) foreign securities. Stable value funds and interest rates | John Hancock Retirement Crediting Rate is set on January 1 and July 1 of each year. The fund is a stable value product that guarantees principal and accumulated interest. John Hancock Stable Value Fund . 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. Fund availability subject to regulatory approval and may vary from state to state. If the John Hancock Stable Value Guaranteed Investment Fund ('SVGIF') is selected or if the Fund selected invests in the SVGIF, John Hancock may earn more from amounts invested in its general account via SVGIF than the interest amount it credits to SVGIF contract holders, depending on investment and market conditions affecting the general account, in which case this 'spread' revenue is retained by John Hancock. Morningstar calculates monthly breakpoints using the effective duration of the Morningstar Core Bond Index in determining duration assignment. "Underlying fund" includes the underlying mutual fund, collective trust, or ETF in which a sub-account invests. Performance charts for John Hancock Stable Value Portfolio Fund (JMGWX) including intraday, historical and comparison charts, technical analysis and trend lines. Moody's appends numerical modifiers 1, 2, and 3 to each generic rating classification from Aa through Caa. John Hancock conducts business in English. Past performance is no guarantee of future results. Any difference between the Portfolios market value and book value will be taken into consideration when setting future crediting rates.For further details regarding risk and other risks that may apply please refer to the Offering Memorandum. Performance information current to the most recent month-end is available on our website myplan.johnhancock.com. Not available to defined benefit plans. 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. Learn More 142. Redemption fees or market value adjustments associated with exchanges from particular investment options are described on applicable fund sheets, which are available online. Tableofcontents 2 Your fund at a glance 4 Management's discussion of fund performance 6 A look at performance 8 Your expenses 10 Fund's investments 13 Financial statements 16 Financial highlights 21 Notes to financial statements 29 Report of independent registered public accounting firm 30 Tax information 31 Shareholder meeting 32 Evaluation of advisory and subadvisory agreements by the . John Hancock Credit Risk. The contracts provide daily liquidity at their contract value. Past performance is no guarantee of future results.Morningstar assigns categories by placing funds into peer groups based on their underlying holdings. if your plan has selected the John Hancock Stable Value Fund as an Investment Option for its Contract . The John Hancock Stable Value Guaranteed Income Fund seeks to preserve capital and provide stability of principal while earning current income that exceeds money market rates over the long term. Stable value funds are a type of principal preservation investment available to 401 (k) plans, pensions, and other institutional funds. Ratings are for John Hancock Life Insurance Company (U.S.A.) (John Hancock) and do not apply to any separate investment accounts or sub- accounts offered by John Hancock or its affiliates. This disclosure provides a brief summary of John Hancock's recordkeeping services, investment-related information including the annual operating expense (e.g. MAY LOSE VALUE. You want a fund where the primary objective is the preservation of capital, You want principal protection and steady returns regardless of the market environment, You want the security of an account value guaranteed by John Hancock. If the weighted value of certain indexes changes by more than 2%, John Hancock reserves the right to reset the crediting rate on October 1 or April 1. Crediting Rate is an Approximation. The credit quality breakdown does not give effect to the impact of any credit derivative investments made by the fund.Moody's The rating scale, running from a high of Aaa to a low of C, comprises 21 notches. 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. All other performance data is actual (except as otherwise indicated). Peer Group Performance: With respect to the Funds that display a Peer Group Performance. Interest Rate Risk for Fixed Income. These transactions qualify as party-in-interest . It is fully portable and. These charges, if included, would otherwise reduce the total return for a participant's account. For the most up-to-date semiannual crediting rates, please call 800-395-1113. 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. Although gathered from reliable sources, the information is not represented or warranted by Morningstar to be accurate, correct, complete or timely. Asset-Backed Security Risk for Fixed Income. While an insolvency of JHLH should not diminish the assets of the Separate Account, it could delay the timing of payments to plan participants. 1 Stable value funds have a low sensitivity to interest-rate changes SEC.gov | HOME The John Hancock Stable Value Guaranteed Income Fund seeks to preserve capital and provide stability of principal while earning current income that exceeds money market rates over the long term. The fund is not a mutual fund and is privately offered. PDF Prudential Stable Value Fund - Prudential Financial John Hancock Retirement Offers New Stable Value Guaranteed Income Fund Categories may be changed based on recent changes to the portfolio. NOTE F - NEW YORK LIFE STABLE VALUE FUND . A Separate Account or a portfolio related to other benefit responsive contracts may invest in asset-backed securities. Returns for any period greater than one year are annualized. All rights reserved. PZFVX - JHancock Classic Value A Fund Stock Price | Morningstar Principal risks include:merger and replacement, asset-backed security, market risk for Fixed Income, extension, John Hancock, investment grade, stablilizing agreement/wrap provider, risk of increase expenses, interest rate Fixed Income, manager risk for Fixed Income, credit and counterparty, prepayment and maturity/duration. 239. Withdrawals or transfers initiated by participants will generally be paid at book value, except where they are the result of plan sponsor actions. Allocation percentages may vary or be adjusted due to market or economic conditions or other reasons as set out in the prospectus. An investment in this portfolio is not insured or guaranteed by The Federal Deposit Insurance Corporation or any other government agency. If the sub-account inception date is after February 23, 2007, then the class introduction date is the same as the sub-account inception date.Returns for any period greater than one year are annualized. The Expense Ratio ("ER") shown represents the total annual operating expenses for the investment options made available by John Hancock. For current ratings, please visit www.johnhancock.com/who-we-are.html and refer to the Fact Sheet. Contributions under a group annuity contract issued by John Hancock Life Insurance Company (U.S.A.) (John Hancock USA) are allocated to investment options which: (a) invest solely in shares of an underlying mutual fund, collective trust, or ETF; (b) invest in a combination of these; or (c) are Guaranteed Interest Accounts and which will be held in the John Hancock USA general account. Check John Hancock financial statements over time to gain insight into future company . This investment option is deemed a 'Competing' investment option with John Hancock Stable Value Guaranteed Income Fund and may not be available. The Plan invests in the John Hancock Stable Value Fund which is a collective investment trust fund sponsored by John Hancock. We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). 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. 3A. For further details, please refer to the Offering Circular and Declaration of Trust. Ultrashort is defined as 25% of the three-year average effective duration of the MCBI. 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. 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. Contact your John Hancock representative if you wish to obtain a copy. Not available to defined benefit plans. The obligations of each Stability Provider are general, unsecured obligations of such Stability Provider. 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. 4A. NOT BANK GUARANTEED. 2023 John Hancock. Many fixed income investments face the risk that the securities will decline in value because of changes in interest rates. MetLife says that more than eight in 10 defined contribution plan sponsors offer stable value funds as an option to preserve capital, and retirement savers would do well to consider adding this asset class to the mix if it's not already part of their portfolio. HEQ | CEF Snapshot - Fidelity 11-k - Sec 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). John Hancock Stable Value Fund - viewjhfunds.com The performance data presented represents past performance. Contributions under a group annuity contract issued by John Hancock Life Insurance Company (U.S.A.) (John Hancock USA) are allocated to investment options which: (a) invest solely in shares of an underlying mutual fund, collective trust, or ETF; (b) invest in a combination of these; or (c) are Guaranteed Interest Accounts and which will be held in the John Hancock USA general account. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination by the IRS. Unless your plan sponsor has elected the Market Value Recovery feature, there are no stated fees for investing in this fund. 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. Understanding how a stable value fund works can help you determine if it's right for your 401 (k) or other institutional plan lineup. Moody's appends numerical modifiers 1, 2, and 3 to each generic rating classification from Aa through Caa. Maturity/Duration for Fixed Income. Index performance shown is for a broad-based securities market index. Net assets represent the sum of participant balances on deposit in this plan's stable valueinvestment option. How stable value funds work | John Hancock Retirement + 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. Plans that select the Fund may not select any "competing fund" in their plan. They're concerned that inflation and rising interest rates could negatively affect capital preservation funds such as stable value. Requests may be cancelled if not within our guidelines.Participants are allowed a maximum of two exchanges per calendar month. 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. "Underlying fund" includes the underlying mutual fund, collective trust, or ETF in which a sub-account invests. 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. Peer Group Performance: With respect to the Funds that display a Peer Group Performance. Once the plan fiduciary has been notified and unless they elect otherwise, in the case of fund mergers and replacements, the affected funds that are being merged or replaced may implement the redemption of your interest by payment in cash or by distributing assets in kind.

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