Boston, MA – The John Hancock Multimanager Lifestyle Conservative Portfolio generated positive returns during the third quarter of 2025, but lagged behind its benchmark index, according to a recently released commentary. The fund’s performance was primarily attributed to an intentional underweighting of U.S. large-cap stocks.

While the portfolio achieved absolute gains, the commentary indicates that the strategic decision to hold fewer U.S. large-cap stocks resulted in a relative underperformance compared to the benchmark. The specific benchmark was not detailed in the provided information. The commentary provides a detailed analysis of the portfolio's performance, outlining the factors that contributed to both the gains and the underperformance.

John Hancock, a well-known name in investment management, offers a variety of investment products designed to meet diverse financial goals. The Multimanager Lifestyle Conservative Portfolio is specifically structured for investors seeking a conservative approach with a focus on capital preservation and moderate growth. The portfolio utilizes a multi-manager strategy, allocating assets across various investment managers and asset classes.

Investors interested in a more comprehensive understanding of the portfolio’s performance and investment strategy are encouraged to review the full quarterly commentary, which is available through John Hancock’s investor relations channels. The complete commentary is expected to offer insights into the portfolio’s asset allocation, sector performance, and outlook for future investment decisions. Further details on the specific benchmark used for comparison were not provided.