John Hancock Reduces Fees on TDFs

John Hancock Investments has announced immediate expense reductions of 20 to 26 BPs across its top-performing suite of Retirement Living Portfolios, providing significant cost savings for shareholders and positioning the products for the growing TDF market.

The firm's Retirement Living Portfolios are unique in that they combine up to 50 distinct investment strategies from 20 specialized managers worldwide. Active asset allocation decisions are made by the global asset allocation team at John Hancock Asset Management, managing more than $118 billion in multi-asset strategies. The Retirement Living Suite comprises 10 portfolios with target retirement dates spanning from 2010 to 2055. Each portfolio eligible to be rated by Morningstar carries a 4- or 5-star rating on its R6 share class as of Aug. 31, 2014. 

For more on John Hancock Investment’s value-adds for advisors, visit their NAPA Partner Corner page.