4 / 5 Stars
3 3 2 5 2
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 49 Target Date 2036-2040 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 18.29 percent over the past year, and 11.20 percent over the past three years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||15.3%|
|3 Years (Annualized)||11.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks high total return until the fund's target retirement date, with a greater focus on income as the target date approaches. The fund primarily invests its assets in underlying funds using an asset allocation strategy designed for investors expected to retire around the year 2040. The portfolio managers of the fund allocate assets among the underlying funds according to an asset allocation strategy that becomes increasingly conservative over time. The fund is designed for investors planning to retire around the year 2040, has a target asset allocation of 81.5% of its assets in underlying funds that invest primarily in equity securities.
Fees are Average compared to funds in the same category.
John Hancock Funds Retirement Choices at 2040 Portfolio has an expense ratio of 0.23 percent.
Risk is Low compared to funds in the same category according to Morningstar.