Presenter’s Name

TITLE PLACEHOLDER
Firm
Three things to know about asset allocation

1 Different assets play different roles

2 Markets are unpredictable

3 The mix matters

1 | Different assets play different roles

 Stocks for building wealth

 Bonds for income
 Cash for emergency reserves
 Alternatives for risk management

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2 | Markets are unpredictable
Stay diversified: there’s is no telling which asset class will be the
best performing year to year
Annual returns of asset class categories

Those who stayed invested

in a diversified portfolio
throughout the last decade
fared well, despite volatility
along the way.
Growth of $10,000
for diversified
portfolios $17.1K

$10.0K

2007

2010

2013

2016
Source: John Hancock Investments,
as of 12/31/16 .

Source: Morningstar, as of 12/31/16. Performance figures assume reinvestment of dividends and capital gains. These charts are for illustrative purposes only and do not represent
the performance of any John Hancock fund. See slides 20─21 for risk disclosure and definitions. Diversification does not guarantee a profit or eliminate the risk of a loss.
Past performance does not guarantee future results.

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3 | The mix matters

 Asset allocation selection dominates

portfolio returns
 An influential study revealed that the
mix of asset classes explains nearly 92%
of the variation in portfolio returns
(Brinson, Singer, and Beebower, 1991)

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The investment universe is expanding

Source: Morningstar, as of 12/31/16. Static categories, those currently without description and without funds, are omitted from this figure.

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A leader in multi-asset portfolios

 A pioneer in multimanager approaches to asset allocation since 1995

 Heritage of innovation, embracing alternative investments since 1997

Source: John Hancock Investments, as of9/30/17.

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Asset allocation portfolios represent
nearly half of our business today

Our asset allocation franchise represents

more than a third of the over $150 billion
Asset allocation in client assets under management.
$56 billion

Source: John Hancock Investments, as of 9/30/17.

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A better way to invest

 Over 200 professionals dedicated to investment manager research

and oversight
 Over 300 meetings each year to identify proven managers
 More than 100 in-person oversight meetings with managers annually

Our asset allocation portfolios bring together some of the best investment teams from around the world

Representative list of asset managers as of 9/30/17. All logos are the property of their respective owners.

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Our philosophy: a deeper level of diversification

Oversight
Monitoring each portfolio team for
Representative U.S. large-cap equity portion of
the repeatability of its investment John Hancock Multimanager 2030 Lifetime Portfolio
process and management of risk

Multiple asset classes

Both within and beyond traditional
equity and fixed income

Multiple styles
Continual exposure to a variety of
strategies, as different characteristics
go in and out of favor

Multiple managers
A diversity of approaches from some
of the world’s best managers

Source: John Hancock Investments, as of 9/30/17. Diversification does not guarantee a profit or eliminate the risk of a loss.

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A time-tested process

Develop global market outlook

Examine core asset markets and beyond, including alternative investment strategies
and targeted regional and sector exposures
Analyze macroeconomic and fundamental factors
Forecast expected returns to identify the best market opportunities

Select asset classes and strategies

Tailor search criteria so each underlying investment serves a specific purpose
Craft an asset roster, contingent on expected returns, risks, and correlations
Design a multimanager approach, searching worldwide for required expertise

Build portfolios
Optimize asset, strategy, and manager mix with proprietary methodology
Allocate capital to funds, aiming to maximize return per unit of risk
Create an enduring portfolio of funds, implementing the desired long-run asset mix

Review, monitor, adjust, and repeat

Manage asset mix actively to exploit short-term market dislocations
Introduce asset classes, strategies, and managers as new opportunities surface
Eliminate positions and managers as valuations wax and conviction wanes
Revisit long-term strategic asset allocation

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 1
Multimanager Lifetime Portfolios

Portfolios continue to grow

more conservative beyond
your retirement date.

Source: John Hancock Investments, as of 9/30/17.

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Multimanager Lifetime Portfolios’ expenses
Expense ratios as of 9/30/17 (%)
Class A Class I Class R1 Class R2 Class R3 Class R4 Class R5 Class R6
John Hancock Multimanager 2010 Lifetime Portfolio JLAAX JHRLX JLADX JLAEX JLAFX JLAGX JLAHX JLAIX
Gross 1.33 1.01 1.67 1.42 1.57 1.27 0.97 0.92
Net (what you pay)1 0.93 0.61 1.25 1.00 1.15 0.75 0.55 0.50
John Hancock Multimanager 2015 Lifetime Portfolio JLBAX JHREX JLBDX JLBKX JLBFX JLBGX JLBHX JLBJX
Gross 1.30 0.99 1.64 1.39 1.54 1.24 0.94 0.89
Net (what you pay)1 0.96 0.65 1.28 1.03 1.18 0.78 0.58 0.53
John Hancock Multimanager 2020 Lifetime Portfolio JLDAX JHRVX JLDDX JLDEX JLDFX JLDGX JLDHX JLDIX
Gross 1.28 0.97 1.62 1.37 1.52 1.22 0.92 0.87
Net (what you pay)1 0.97 0.66 1.30 1.05 1.20 0.80 0.60 0.55
John Hancock Multimanager 2025 Lifetime Portfolio JLEAX JHRNX JLEDX JLEEX JLEFX JLEGX JLEHX JLEIX
Gross 1.29 0.97 1.63 1.37 1.53 1.22 0.93 0.88
Net (what you pay)1 1.00 0.68 1.32 1.07 1.22 0.82 0.62 0.57
John Hancock Multimanager 2030 Lifetime Portfolio JLFAX JHRGX JLFDX JLFEX JLFFX JLFGX JLFHX JLFIX
Gross 1.29 0.98 1.63 1.38 1.53 1.23 0.93 0.88
Net (what you pay)1 1.00 0.69 1.32 1.07 1.22 0.82 0.62 0.57
John Hancock Multimanager 2035 Lifetime Portfolio JLHAX JHRMX JLHDX JLHEX JLHFX JLHGX JLHHX JLHIX
Gross 1.30 0.99 1.64 1.39 1.54 1.24 0.94 0.89
Net (what you pay)1 1.01 0.70 1.34 1.09 1.24 0.84 0.64 0.59

1 “Net (what you pay)” represents the effect of contractual fee waivers and/or expense reimbursements through 12/31/17, and is subject to change. See the portfolios’ prospectus for details.

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Multimanager Lifetime Portfolios’ expenses
Expense ratios as of 9/30/17 (%)
Class A Class I Class R1 Class R2 Class R3 Class R4 Class R5 Class R6
John Hancock Multimanager 2040 Lifetime Portfolio JLIAX JHRDX JLIDX JLIEX JLIFX JLIGX JLIHX JLIIX
Gross 1.31 1.00 1.65 1.40 1.55 1.25 0.95 0.90
Net (what you pay)1 1.02 0.71 1.34 1.09 1.24 0.84 0.64 0.59
John Hancock Multimanager 2045 Lifetime Portfolio JLJAX JHROX JLJDX JLJEX JLJFX JLJGX JLJHX JLJIX
Gross 1.31 1.00 1.65 1.40 1.55 1.25 0.95 0.90
Net (what you pay)1 1.02 0.71 1.34 1.09 1.24 0.84 0.64 0.59
John Hancock Multimanager 2050 Lifetime Portfolio JLKAX JHRPX JLKDX JLKEX JLKFX JLKGX JLKHX JLKRX
Gross 1.36 1.05 1.70 1.45 1.60 1.30 1.00 0.95
Net (what you pay)1 1.02 0.71 1.35 1.10 1.25 0.85 0.65 0.60
John Hancock Multimanager 2055 Lifetime Portfolio JLKLX JHRTX JLKMX JLKNX JLKPX JLKQX JLKSX JLKTX
Gross 1.60 1.28 1.94 1.68 1.84 1.54 1.24 1.19
Net (what you pay)1 1.02 0.70 1.34 1.09 1.24 0.84 0.64 0.59
John Hancock Multimanager 2060 Lifetime Portfolio JJERX JMENX JTLOX JVIMX JGTHX JROUX JGHTX JESRX
Gross 3.19 2.88 3.53 3.28 3.43 3.13 2.83 2.78
Net (what you pay)1 1.01 0.70 1.33 1.08 1.23 0.83 0.63 0.58

1 “Net (what you pay)” represents the effect of contractual fee waivers and/or expense reimbursements through 12/31/17, and is subject to change. See the portfolios’ prospectus for details.

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Multi-Index Lifetime Portfolios

Portfolios continue to grow

more conservative beyond
your retirement date.

Source: John Hancock Investments, as of 9/30/17.

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Multi-Index Lifetime Portfolios’ expenses
Expense ratios as of 9/30/17 (%) Expense ratios as of 9/30/17 (%)
Class R4 Class R6 Class R4 Class R6
John Hancock Multi-Index 2010 Lifetime Portfolio JRLFX JRLHX John Hancock Multi-Index 2040 Lifetime Portfolio JRTVX JRTWX
Gross 1.64 1.28 Gross 1.21 0.85
Net (what you pay)1 0.64 0.37 Net (what you pay)1 0.63 0.36
John Hancock Multi-Index 2015 Lifetime Portfolio JRLKX JRTLX John Hancock Multi-Index 2045 Lifetime Portfolio JRLUX JRLVX
Gross 1.44 1.09 Gross 1.25 0.90
Net (what you pay)1 0.65 0.38 Net (what you pay)1 0.63 0.36
John Hancock Multi-Index 2020 Lifetime Portfolio JRLPX JRTAX John Hancock Multi-Index 2050 Lifetime Portfolio JRTYX JRLZX
Gross 1.19 0.84 Gross 1.41 1.06
Net (what you pay)1 0.66 0.39 Net (what you pay)1 0.63 0.36
John Hancock Multi-Index 2025 Lifetime Portfolio JRTDX JRTFX John Hancock Multi-Index 2055 Lifetime Portfolio JLKWX JLKYX
Gross 1.13 0.78 Gross 1.47 1.11
Net (what you pay)1 0.66 0.39 Net (what you pay)1 0.63 0.36
John Hancock Multi-Index 2030 Lifetime Portfolio JRTIX JRTJX John Hancock Multi-Index 2060 Lifetime Portfolio JHIKX JIEHX
Gross 1.13 0.78 Gross 4.31 3.96
Net (what you pay)1 0.65 0.38 Net (what you pay)1 0.64 0.37
John Hancock Multi-Index 2035 Lifetime Portfolio JRTMX JRTNX
Gross 1.16 0.81
Net (what you pay)1 0.63 0.36

1 “Net (what you pay)” represents the effect of contractual fee waivers and/or expense reimbursements through 12/31/17, and is subject to change. See the portfolios’ prospectus for details.

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Multi-Index Preservation Portfolios

Portfolios achieve the most

conservative mix at your
retirement date.

Source: John Hancock Investments, as of 9/30/17.

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Multi-Index Preservation Portfolios’ expenses
Expense ratios as of 9/30/17 (%)
Class R1 Class R2 Class R4 Class R6
John Hancock Multi-Index Income Preservation Portfolio JRFQX JRFNX JRFPX JRFSX
Gross 1.46 1.21 1.06 0.71
Net (what you pay)1 1.09 0.84 0.59 0.34
John Hancock Multi-Index 2020 Preservation Portfolio JRWQX JRWRX JRWPX JRWSX
Gross 1.41 1.16 1.01 0.66
Net (what you pay)1 1.08 0.83 0.58 0.33
John Hancock Multi-Index 2025 Preservation Portfolio JREQX JRERX JREPX JRESX
Gross 1.41 1.16 1.01 0.66
Net (what you pay)1 1.10 0.85 0.60 0.35
John Hancock Multi-Index 2030 Preservation Portfolio JRHQX JRHRX JRHPX JRHSX
Gross 1.42 1.17 1.01 0.66
Net (what you pay)1 1.11 0.86 0.61 0.36
John Hancock Multi-Index 2035 Preservation Portfolio JRYQX JRYRX JRYPX JRYSX
Gross 1.42 1.17 1.02 0.67
Net (what you pay)1 1.11 0.86 0.61 0.36
John Hancock Multi-Index 2040 Preservation Portfolio JRRQX JRRRX JRRPX JRRSX
Gross 1.42 1.17 1.02 0.67
Net (what you pay)1 1.11 0.86 0.61 0.36

1 “Net (what you pay)” represents the effect of contractual fee waivers and/or expense reimbursements through 12/31/17, and is subject to change. See the portfolios’ prospectus for details.

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Multi-Index Preservation Portfolios’ expenses
Expense ratios as of 9/30/17 (%)
Class R1 Class R2 Class R4 Class R6
John Hancock Multi-Index 2045 Preservation Portfolio JRVQX JRVRX JRVPX JRVSX
Gross 1.42 1.18 1.03 0.68
Net (what you pay)1 1.12 0.87 0.62 0.37
John Hancock Multi-Index 2050 Preservation Portfolio JRIQX JRINX JRIPX JRISX
Gross 1.44 1.19 1.04 0.69
Net (what you pay)1 1.13 0.88 0.63 0.38
John Hancock Multi-Index 2055 Preservation Portfolio JRITX JRIUX JRIVX JRIWX
Gross 1.57 1.32 1.17 0.82
Net (what you pay)1 1.13 0.88 0.63 0.38
John Hancock Multi-Index 2060 Preservation Portfolio JKIMX JSATX JPORX JTFOX
Gross 2.38 2.13 1.98 1.63
Net (what you pay)1 1.12 0.87 0.62 0.37

1 “Net (what you pay)” represents the effect of contractual fee waivers and/or expense reimbursements through 12/31/17, and is subject to change. See the portfolios’ prospectus for details.

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A word about risk

Portfolio performance depends on the advisor’s skill in determining asset class allocations, the mix of underlying funds, and the
performance of those underlying funds. The underlying funds’ performance may be lower than the performance of the asset class
that they were selected to represent. The portfolio is subject to the same risks as the underlying funds and exchange-traded funds
(ETFs) in which it invests: Stocks and bonds can decline due to adverse issuer, market, regulatory, or economic developments;
foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and
social instability; the securities of small companies are subject to higher volatility than those of larger, more established
companies; and high-yield bonds are subject to additional risks, such as increased risk of default. Owning an ETF generally
reflects the risks of owning the underlying securities it is designed to track, which may cause lack of liquidity, more volatility, and
increased management fees. Hedging and other strategic transactions may increase volatility of a portfolio and could result in a
significant loss. Each portfolio’s name refers to the approximate retirement year of the investors for whom the portfolio’s asset
allocation strategy is designed. The portfolios with dates further off initially allocate more aggressively to stock funds. As a
portfolio approaches or passes its target date, the allocation will gradually migrate to more conservative, fixed-income funds.
The principal value of each portfolio is not guaranteed and you could lose money at any time, including at, or after, the target
date. Liquidity—the extent to which a security may be sold or a derivative position closed without negatively affecting its market
value, if at all—may be impaired by reduced trading volume, heightened volatility, rising interest rates, and other market
conditions. Please see the portfolios’ prospectuses for additional risks.

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Index definitions
Investment-grade bonds are represented by the Bloomberg Barclays U.S. Aggregate Bond Index, which tracks the performance of U.S. investment-grade
bonds in government, asset-backed, and corporate debt markets. Prior to 8/24/16, the index was named the Barclays U.S. Aggregate Bond Index. High-
yield bonds are represented by the Bank of America Merrill Lynch (BofA ML) U.S. High Yield Master II Index, which tracks the performance of globally
issued, U.S. dollar-denominated high-yield bonds. Cash is represented by the Citigroup 3-Month U.S. Treasury Bill Index, which is a market-value-weighted
index that tracks the performance of three-month U.S. Treasury debt. International equity is represented by the MSCI All Country (AC) World ex-USA
Index, which tracks the performance of publicly traded large- and mid-cap stocks of companies in developed and emerging markets outside the United
States. Total returns are calculated gross of foreign withholding tax on dividends. U.S. small-cap equity is represented by the Russell 2000 Index, which
tracks the performance of 2,000 publicly traded small-cap companies in the United States. U.S. large-cap equity is represented by the Russell 1000 Index,
which tracks the performance of 1,000 publicly traded large-cap companies in the United States. Alternatives are represented by an equally weighted
combination of the HFRI Macro Index, the HFRI Equity Market Neutral Index, the HFRI Merger Arbitrage Index, the Morningstar real estate fund category
average, the Morningstar emerging markets bond fund category average, and the Morningstar Long-Only Commodity Index. Diversified portfolio is
represented by the average return of the six asset classes in the chart, excluding cash. It does not represent any specific index. Annual returns are based
on calendar years. Indexes are unmanaged and do not take transaction costs or fees into consideration. It is not possible to invest directly in an index.
Performance figures assume reinvestment of dividends and capital gains.

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Ask your advisor

Ask your financial advisor how our multimanager

approach to asset allocation can help you pursue
a deeper level of diversification.

Disclosure
Request a prospectus or summary prospectus from your financial advisor, by visiting
jhinvestments.com, or by calling us at 800-225-5291. The prospectus includes
investment objectives, risks, fees, expenses, and other information that you should
consider carefully before investing.

John Hancock Funds, LLC ▪ Member FINRA, SIPC

601 Congress Street ▪ Boston, MA 02210-2805 ▪ 800-225-5291 ▪ jhinvestments.com
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF417917 PIAABR-RLPPT 12/17