
| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Equity Income Fund (Class 1/JIEMX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Amazon.com, Inc. | |
| Apple, Inc. | |
| MetLife, Inc. | |
| The Charles Schwab Corp. | |
| JPMorgan Chase & Co. | |
| TotalEnergies SE | |
| The Southern Company | |
| ConocoPhillips | |
| Citigroup, Inc. | |
| Financials | |
| Information technology | |
| Health care | |
| Industrials | |
| Energy | |
| Consumer discretionary | |
| Consumer staples | |
| Utilities | |
| Materials | |
| Real estate | |
| Communication services | |
| Short-term investments and other |


MF5889498
458A-1
8/26
10/26
John Hancock Equity Income Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Equity Income Fund (Class A/JHEIX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Amazon.com, Inc. | |
| Apple, Inc. | |
| MetLife, Inc. | |
| The Charles Schwab Corp. | |
| JPMorgan Chase & Co. | |
| TotalEnergies SE | |
| The Southern Company | |
| ConocoPhillips | |
| Citigroup, Inc. | |
| Financials | |
| Information technology | |
| Health care | |
| Industrials | |
| Energy | |
| Consumer discretionary | |
| Consumer staples | |
| Utilities | |
| Materials | |
| Real estate | |
| Communication services | |
| Short-term investments and other |


MF5889498
458A-A
8/26
10/26
John Hancock Equity Income Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Equity Income Fund (Class C/JHERX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Amazon.com, Inc. | |
| Apple, Inc. | |
| MetLife, Inc. | |
| The Charles Schwab Corp. | |
| JPMorgan Chase & Co. | |
| TotalEnergies SE | |
| The Southern Company | |
| ConocoPhillips | |
| Citigroup, Inc. | |
| Financials | |
| Information technology | |
| Health care | |
| Industrials | |
| Energy | |
| Consumer discretionary | |
| Consumer staples | |
| Utilities | |
| Materials | |
| Real estate | |
| Communication services | |
| Short-term investments and other |


John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889498
458A-C
8/26
10/26
John Hancock Equity Income Fund
| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Fundamental All Cap Core Fund (Class A/JFCAX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Amazon.com, Inc. | |
| Broadcom, Inc. | |
| Alphabet, Inc., Class A | |
| Meta Platforms, Inc., Class A | |
| KKR & Company, Inc. | |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | |
| NVIDIA Corp. | |
| Roper Technologies, Inc. | |
| Cheniere Energy, Inc. | |
| Information technology | |
| Consumer discretionary | |
| Communication services | |
| Health care | |
| Financials | |
| Industrials | |
| Energy | |
| Real estate | |
| Materials | |
| Consumer staples | |
| Short-term investments and other |

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889509
376A-A
8/26
10/26
John Hancock Fundamental All Cap Core Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Fundamental All Cap Core Fund (Class C/JFCCX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Amazon.com, Inc. | |
| Broadcom, Inc. | |
| Alphabet, Inc., Class A | |
| Meta Platforms, Inc., Class A | |
| KKR & Company, Inc. | |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | |
| NVIDIA Corp. | |
| Roper Technologies, Inc. | |
| Cheniere Energy, Inc. | |
| Information technology | |
| Consumer discretionary | |
| Communication services | |
| Health care | |
| Financials | |
| Industrials | |
| Energy | |
| Real estate | |
| Materials | |
| Consumer staples | |
| Short-term investments and other |


MF5889509
376A-C
8/26
10/26
John Hancock Fundamental All Cap Core Fund
| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Fundamental All Cap Core Fund (Class I/JFCIX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Amazon.com, Inc. | |
| Broadcom, Inc. | |
| Alphabet, Inc., Class A | |
| Meta Platforms, Inc., Class A | |
| KKR & Company, Inc. | |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | |
| NVIDIA Corp. | |
| Roper Technologies, Inc. | |
| Cheniere Energy, Inc. | |
| Information technology | |
| Consumer discretionary | |
| Communication services | |
| Health care | |
| Financials | |
| Industrials | |
| Energy | |
| Real estate | |
| Materials | |
| Consumer staples | |
| Short-term investments and other |

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889509
376A-I
8/26
10/26
John Hancock Fundamental All Cap Core Fund
| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Fundamental All Cap Core Fund (Class R2/JFACX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Amazon.com, Inc. | |
| Broadcom, Inc. | |
| Alphabet, Inc., Class A | |
| Meta Platforms, Inc., Class A | |
| KKR & Company, Inc. | |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | |
| NVIDIA Corp. | |
| Roper Technologies, Inc. | |
| Cheniere Energy, Inc. | |
| Information technology | |
| Consumer discretionary | |
| Communication services | |
| Health care | |
| Financials | |
| Industrials | |
| Energy | |
| Real estate | |
| Materials | |
| Consumer staples | |
| Short-term investments and other |

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889509
376A-R2
8/26
10/26
John Hancock Fundamental All Cap Core Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Fundamental All Cap Core Fund (Class R4/JFARX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Amazon.com, Inc. | |
| Broadcom, Inc. | |
| Alphabet, Inc., Class A | |
| Meta Platforms, Inc., Class A | |
| KKR & Company, Inc. | |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | |
| NVIDIA Corp. | |
| Roper Technologies, Inc. | |
| Cheniere Energy, Inc. | |
| Information technology | |
| Consumer discretionary | |
| Communication services | |
| Health care | |
| Financials | |
| Industrials | |
| Energy | |
| Real estate | |
| Materials | |
| Consumer staples | |
| Short-term investments and other |


| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Fundamental All Cap Core Fund (Class R6/JFAIX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Amazon.com, Inc. | |
| Broadcom, Inc. | |
| Alphabet, Inc., Class A | |
| Meta Platforms, Inc., Class A | |
| KKR & Company, Inc. | |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | |
| NVIDIA Corp. | |
| Roper Technologies, Inc. | |
| Cheniere Energy, Inc. | |
| Information technology | |
| Consumer discretionary | |
| Communication services | |
| Health care | |
| Financials | |
| Industrials | |
| Energy | |
| Real estate | |
| Materials | |
| Consumer staples | |
| Short-term investments and other |

MF5889509
376A-R6
8/26
10/26
John Hancock Fundamental All Cap Core Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Global Equity Fund (Class A/JHGEX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Alphabet, Inc., Class A | |
| Taiwan Semiconductor Manufacturing Company, Ltd. | |
| Sumitomo Mitsui Trust Group, Inc. | |
| McKesson Corp. | |
| Sony Group Corp. | |
| Anheuser-Busch InBev SA/NV | |
| CRH PLC | |
| British American Tobacco PLC | |
| Bank of Ireland Group PLC | |
| Financials | |
| Information technology | |
| Industrials | |
| Health care | |
| Materials | |
| Consumer discretionary | |
| Communication services | |
| Consumer staples | |
| Energy | |
| Utilities | |
| Real estate | |
| Short-term investments and other |


MF5889487
425A-A
8/26
10/26
John Hancock Global Equity Fund
| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Global Equity Fund (Class C/JGECX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Alphabet, Inc., Class A | |
| Taiwan Semiconductor Manufacturing Company, Ltd. | |
| Sumitomo Mitsui Trust Group, Inc. | |
| McKesson Corp. | |
| Sony Group Corp. | |
| Anheuser-Busch InBev SA/NV | |
| CRH PLC | |
| British American Tobacco PLC | |
| Bank of Ireland Group PLC | |
| Financials | |
| Information technology | |
| Industrials | |
| Health care | |
| Materials | |
| Consumer discretionary | |
| Communication services | |
| Consumer staples | |
| Energy | |
| Utilities | |
| Real estate | |
| Short-term investments and other |

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889487
425A-C
8/26
10/26
John Hancock Global Equity Fund
| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Global Equity Fund (Class I/JGEFX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Alphabet, Inc., Class A | |
| Taiwan Semiconductor Manufacturing Company, Ltd. | |
| Sumitomo Mitsui Trust Group, Inc. | |
| McKesson Corp. | |
| Sony Group Corp. | |
| Anheuser-Busch InBev SA/NV | |
| CRH PLC | |
| British American Tobacco PLC | |
| Bank of Ireland Group PLC | |
| Financials | |
| Information technology | |
| Industrials | |
| Health care | |
| Materials | |
| Consumer discretionary | |
| Communication services | |
| Consumer staples | |
| Energy | |
| Utilities | |
| Real estate | |
| Short-term investments and other |

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889487
425A-I
8/26
10/26
John Hancock Global Equity Fund
| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Global Equity Fund (Class NAV) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Alphabet, Inc., Class A | |
| Taiwan Semiconductor Manufacturing Company, Ltd. | |
| Sumitomo Mitsui Trust Group, Inc. | |
| McKesson Corp. | |
| Sony Group Corp. | |
| Anheuser-Busch InBev SA/NV | |
| CRH PLC | |
| British American Tobacco PLC | |
| Bank of Ireland Group PLC | |
| Financials | |
| Information technology | |
| Industrials | |
| Health care | |
| Materials | |
| Consumer discretionary | |
| Communication services | |
| Consumer staples | |
| Energy | |
| Utilities | |
| Real estate | |
| Short-term investments and other |

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889487
425A-NAV
8/26
10/26
John Hancock Global Equity Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Global Equity Fund (Class R2/JGERX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Alphabet, Inc., Class A | |
| Taiwan Semiconductor Manufacturing Company, Ltd. | |
| Sumitomo Mitsui Trust Group, Inc. | |
| McKesson Corp. | |
| Sony Group Corp. | |
| Anheuser-Busch InBev SA/NV | |
| CRH PLC | |
| British American Tobacco PLC | |
| Bank of Ireland Group PLC | |
| Financials | |
| Information technology | |
| Industrials | |
| Health care | |
| Materials | |
| Consumer discretionary | |
| Communication services | |
| Consumer staples | |
| Energy | |
| Utilities | |
| Real estate | |
| Short-term investments and other |


MF5889487
425A-R2
8/26
10/26
John Hancock Global Equity Fund
| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Global Equity Fund (Class R4/JGETX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Alphabet, Inc., Class A | |
| Taiwan Semiconductor Manufacturing Company, Ltd. | |
| Sumitomo Mitsui Trust Group, Inc. | |
| McKesson Corp. | |
| Sony Group Corp. | |
| Anheuser-Busch InBev SA/NV | |
| CRH PLC | |
| British American Tobacco PLC | |
| Bank of Ireland Group PLC | |
| Financials | |
| Information technology | |
| Industrials | |
| Health care | |
| Materials | |
| Consumer discretionary | |
| Communication services | |
| Consumer staples | |
| Energy | |
| Utilities | |
| Real estate | |
| Short-term investments and other |

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889487
425A-R4
8/26
10/26
John Hancock Global Equity Fund
| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Global Equity Fund (Class R6/JGEMX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Microsoft Corp. | |
| Alphabet, Inc., Class A | |
| Taiwan Semiconductor Manufacturing Company, Ltd. | |
| Sumitomo Mitsui Trust Group, Inc. | |
| McKesson Corp. | |
| Sony Group Corp. | |
| Anheuser-Busch InBev SA/NV | |
| CRH PLC | |
| British American Tobacco PLC | |
| Bank of Ireland Group PLC | |
| Financials | |
| Information technology | |
| Industrials | |
| Health care | |
| Materials | |
| Consumer discretionary | |
| Communication services | |
| Consumer staples | |
| Energy | |
| Utilities | |
| Real estate | |
| Short-term investments and other |

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889487
425A-R6
8/26
10/26
John Hancock Global Equity Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Multi-Asset Absolute Return Fund (Class A/JHAAX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| ( |
|||
| ( |
|||
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Common stocks | |
| Information technology | |
| Consumer staples | |
| Health care | |
| Financials | |
| Industrials | |
| Communication services | |
| Consumer discretionary | |
| Utilities | |
| Materials | |
| U.S. Government | |
| Other assets and liabilities, net | |
| United States | |
| Japan | |
| France | |
| United Kingdom | |
| South Korea | |
| China | |
| Netherlands | |
| Taiwan | |
| Switzerland | |
| Germany | |
| Other countries | |


MF5889524
395A-A
8/26
10/26
John Hancock Multi-Asset Absolute Return Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Multi-Asset Absolute Return Fund (Class C/JHACX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| ( |
|||
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Common stocks | |
| Information technology | |
| Consumer staples | |
| Health care | |
| Financials | |
| Industrials | |
| Communication services | |
| Consumer discretionary | |
| Utilities | |
| Materials | |
| U.S. Government | |
| Other assets and liabilities, net | |
| United States | |
| Japan | |
| France | |
| United Kingdom | |
| South Korea | |
| China | |
| Netherlands | |
| Taiwan | |
| Switzerland | |
| Germany | |
| Other countries | |



| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Multi-Asset Absolute Return Fund (Class I/JHAIX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| ( |
|||
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Common stocks | |
| Information technology | |
| Consumer staples | |
| Health care | |
| Financials | |
| Industrials | |
| Communication services | |
| Consumer discretionary | |
| Utilities | |
| Materials | |
| U.S. Government | |
| Other assets and liabilities, net | |
| United States | |
| Japan | |
| France | |
| United Kingdom | |
| South Korea | |
| China | |
| Netherlands | |
| Taiwan | |
| Switzerland | |
| Germany | |
| Other countries | |


MF5889524
395A-I
8/26
10/26
John Hancock Multi-Asset Absolute Return Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Multi-Asset Absolute Return Fund (Class NAV) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| ( |
|||
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Common stocks | |
| Information technology | |
| Consumer staples | |
| Health care | |
| Financials | |
| Industrials | |
| Communication services | |
| Consumer discretionary | |
| Utilities | |
| Materials | |
| U.S. Government | |
| Other assets and liabilities, net | |
| United States | |
| Japan | |
| France | |
| United Kingdom | |
| South Korea | |
| China | |
| Netherlands | |
| Taiwan | |
| Switzerland | |
| Germany | |
| Other countries | |


John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889524
395A-NAV
8/26
10/26
John Hancock Multi-Asset Absolute Return Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Multi-Asset Absolute Return Fund (Class R2/JHARX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| ( |
|||
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Common stocks | |
| Information technology | |
| Consumer staples | |
| Health care | |
| Financials | |
| Industrials | |
| Communication services | |
| Consumer discretionary | |
| Utilities | |
| Materials | |
| U.S. Government | |
| Other assets and liabilities, net | |
| United States | |
| Japan | |
| France | |
| United Kingdom | |
| South Korea | |
| China | |
| Netherlands | |
| Taiwan | |
| Switzerland | |
| Germany | |
| Other countries | |


John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
MF5889524
395A-R2
8/26
10/26
John Hancock Multi-Asset Absolute Return Fund

| Fund (Class) | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Multi-Asset Absolute Return Fund (Class R6/JHASX) |
$ |
| AVERAGE ANNUAL TOTAL RETURN | 1 Year | 5 Years | 10 Years |
| ( |
|||
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fees paid (net) | $ |
| Portfolio turnover rate |
| Common stocks | |
| Information technology | |
| Consumer staples | |
| Health care | |
| Financials | |
| Industrials | |
| Communication services | |
| Consumer discretionary | |
| Utilities | |
| Materials | |
| U.S. Government | |
| Other assets and liabilities, net | |
| United States | |
| Japan | |
| France | |
| United Kingdom | |
| South Korea | |
| China | |
| Netherlands | |
| Taiwan | |
| Switzerland | |
| Germany | |
| Other countries | |


MF5889524
395A-R6
8/26
10/26
John Hancock Multi-Asset Absolute Return Fund
ITEM 2. CODE OF ETHICS.
As of the end of the year, August 31, 2026, the registrant has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its Chief Executive Officer, Chief Financial Officer and Treasurer (respectively, the principal executive officer, the principal financial officer and the principal accounting officer, the "Covered Officers"). A copy of the code of ethics is filed as an exhibit to this Form N-CSR.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Frances G. Rathke and William K. Bacic are audit committee financial experts and are "independent", pursuant to general instructions on Form N-CSR Item 3.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a) Audit Fees
For Equity Income and Global Equity Funds the aggregate fees billed for professional services rendered by the principal accountant for the audits of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements amounted to $84,172 and $83,261 for the fiscal years ended August 31, 2026 and August 31, 2025, respectively. These fees were billed to the registrant and were approved by the registrant's audit committee.
For Fundamental All Cap Core and Multi-Asset Absolute Return Funds the aggregate fees billed for professional services rendered by the principal accountant for the audits of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements amounted to $155,275 for the fiscal year ended August 31, 2026, $111,119 for the fiscal period ended August 31, 2025 (fiscal year end for Fundamental All Cap Core and Multi-Asset Absolute Return Fund changed from July 31 to August 31) and $153,700 for the fiscal year ended July 31, 2025. These fees were billed to the registrant and were approved by the registrant's audit committee.
(b) Audit-Related Services
For Equity Income and Global Equity Funds the audit-related fees for assurance and related services by the principal accountant are billed to the registrant or to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser ("control affiliates") that provides ongoing services to the registrant. The nature of the services provided was affiliated service provider internal controls reviews and a software licensing fee. Amounts billed to the registrant were $1,550 and $1,532 for fiscal years ended August 31, 2026 and August 31, 2025, respectively.
For Fundamental All Cap Core and Multi-Asset Absolute Return Funds audit-related fees for assurance and related services by the principal accountant are billed to the registrant or to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser ("control affiliates") that provides ongoing services to the registrant. The nature of the services provided was affiliated service provider internal controls reviews and a software licensing fee. Amounts billed to the registrant were $1,550 for the fiscal year ended August 31, 2026, $23 for the fiscal period ended August 31, 2025 and $1,533 for the fiscal year ended July 31, 2025.
For Equity Income and Global Equity Funds the amounts billed to control affiliates were $137,100 and $137,100 for the fiscal years ended August 31, 2026 and August 31, 2025, respectively.
For Fundamental All Cap Core and Multi-Asset Absolute Return Funds the amounts billed to control affiliates were $137,100, $0 and $137,100 for the fiscal periods ended August 31, 2026, August 31,2025 and July 31, 2025, respectively.
(c) Tax Fees
For Equity Income and Global Equity Funds the aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning ("tax fees") amounted to $3,914 and $0 for the fiscal years ended August 31, 2026 and August 31, 2025, respectively. The nature of the services comprising the tax fees was the review of the registrant's tax returns and tax distribution requirements. These fees were billed to the registrant and were approved by the registrant's audit committee.
For Fundamental All Cap Core and Multi-Asset Absolute Return Funds the aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning ("tax fees") amounted to $8,970 for the fiscal year ended August 31, 2026, $0 for the fiscal period ended August 31, 2025 and $8,881 for the fiscal year ended July 31, 2025. The nature of the services comprising the tax fees was the review of the registrant's tax returns and tax distribution requirements. These fees were billed to the registrant and were approved by the registrant's audit committee.
(d) All Other Fees
For Equity Income and Global Equity Funds other fees amounted to $1,356 and $0 for the fiscal years ended August 31, 2026 and August 31, 2025, respectively. The nature of the services comprising all other fees is advisory services provided to the investment manager. These fees were approved by the registrant's audit committee.
For Fundamental All Cap Core and Multi-Asset Absolute Return Funds other fees amounted to $1,356 for the fiscal year ended August 31, 2026, $0 for the fiscal period ended August 31, 2025 and $0 for the fiscal year ended July 31, 2025. The nature of the services comprising all other fees is advisory services provided to the investment manager. These fees were approved by the registrant's audit committee.
(e)(1) Audit Committee Pre-Approval Policies and Procedures
The registrant's Audit Committee must pre-approve all audit and non-audit services provided by the independent registered public accounting firm (the "Auditor") relating to the operations or financial reporting of the funds. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.
The registrant's Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee's consideration of audit-related and non-audit services by the Auditor. The policies and procedures require that any audit-related and non-audit service provided by the Auditor and any non-audit service provided by the Auditor to a fund service provider that relates directly to the operations and financial reporting of a fund are subject to approval by the Audit Committee before such service is provided. Audit-related services provided by the Auditor that are expected to exceed $25,000 per instance/per fund are subject to specific pre-approval by the Audit Committee. Tax services provided by the Auditor that are expected to exceed $30,000 per instance/per fund are subject to specific pre-approval by the Audit Committee.
All audit services, as well as the audit-related and non-audit services that are expected to exceed the amounts stated above, must be approved in advance of provision of the service by formal resolution of the Audit Committee. At the regularly scheduled Audit Committee meetings, the Committee reviews a report summarizing the services, including fees, provided by the Auditor.
(e)(2) Services approved pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X
Audit-Related Fees, Tax Fees and All Other Fees
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception under Rule 2-01 of Regulation S-X.
(f) According to the registrant's principal accountant for the fiscal year ended August 31, 2026, the percentage of hours spent on the audit of the registrant's financial statements for the most recent fiscal year that were attributed to work performed by persons who were not full-time, permanent employees of principal accountant was less than 50%.
(g) For Equity Income and Global Equity Funds the aggregate non-audit fees billed by the registrant's principal accountant for non-audit services rendered to the registrant and rendered to the registrant's control affiliates were $1,061,493 for the fiscal year ended August 31, 2026 and $594,741 for the fiscal year ended August 31, 2025.
For Fundamental All Cap Core and Multi-Asset Absolute Return Funds the aggregate non-audit fees billed by the registrant's principal accountant for non-audit services rendered to the registrant and rendered to the registrant's control affiliates were $1,066,549 for the fiscal year ended August 31, 2026, $0 for the fiscal period ended August 31, 2025 and $603,622 for the fiscal year ended July 31, 2025.
(h) The audit committee of the registrant has considered the non-audit services provided by the registrant's principal accountant to the control affiliates and has determined that the services that were not pre-approved are compatible with maintaining the principal accountant's independence.
(i) Not applicable.
(j) Not applicable.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
The registrant has a separately-designated standing audit committee comprised of independent trustees. The members of the audit committee are as follows:
Frances G. Rathke – Chairperson
William H. Cunningham - retired effective December 31, 2025
William K. Bacic
Thomas R. Wright - effective January 1, 2026
ITEM 6. SCHEDULE OF INVESTMENTS.
(a) Refer to information included in Item 7.
(b) Not applicable.
ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.
The Registrant prepared financial statements and financial highlights for the year ended August 31, 2026 for the following funds:
John Hancock Equity Income Fund
John Hancock Fundamental All Cap Core Fund
John Hancock Global Equity Fund
John Hancock Multi-Asset Absolute Return Fund
| Shares | Value | ||||
| Common stocks 98.7% | $506,898,350 | ||||
| (Cost $375,899,800) | |||||
| Communication services 2.7% | 13,861,489 | ||||
| Entertainment 0.7% | |||||
| The Walt Disney Company | 35,860 | 3,856,743 | |||
| Interactive media and services 0.5% | |||||
| Meta Platforms, Inc., Class A | 4,236 | 2,424,432 | |||
| Media 0.8% | |||||
| News Corp., Class A | 131,362 | 4,034,127 | |||
| Wireless telecommunication services 0.7% | |||||
| T-Mobile US, Inc. | 19,653 | 3,546,187 | |||
| Consumer discretionary 7.9% | 40,633,333 | ||||
| Broadline retail 5.9% | |||||
| Amazon.com, Inc. (A) | 116,513 | 30,266,582 | |||
| Hotels, restaurants and leisure 1.1% | |||||
| Las Vegas Sands Corp. | 85,267 | 3,735,547 | |||
| McDonald’s Corp. | 8,511 | 2,242,989 | |||
| Leisure products 0.1% | |||||
| Mattel, Inc. (A) | 28,236 | 422,128 | |||
| Specialty retail 0.8% | |||||
| The Home Depot, Inc. | 12,098 | 3,966,087 | |||
| Consumer staples 6.2% | 32,057,424 | ||||
| Consumer staples distribution and retail 0.4% | |||||
| Walmart, Inc. | 21,555 | 2,260,473 | |||
| Food products 0.2% | |||||
| Tyson Foods, Inc., Class A | 16,050 | 884,997 | |||
| Household products 3.1% | |||||
| Colgate-Palmolive Company | 84,517 | 7,591,317 | |||
| Kimberly-Clark Corp. | 24,534 | 2,648,445 | |||
| The Procter & Gamble Company | 40,854 | 5,928,732 | |||
| Personal care products 1.4% | |||||
| Kenvue, Inc. | 137,303 | 2,592,281 | |||
| Unilever PLC, ADR | 67,074 | 4,349,749 | |||
| Tobacco 1.1% | |||||
| Philip Morris International, Inc. | 30,974 | 5,801,430 | |||
| Energy 9.0% | 45,957,869 | ||||
| Energy equipment and services 0.7% | |||||
| SLB, Ltd. | 58,145 | 3,494,515 | |||
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK EQUITY INCOME FUND | 2 |
| Shares | Value | ||||
| Energy (continued) | |||||
| Oil, gas and consumable fuels 8.3% | |||||
| Chevron Corp. | 23,867 | $4,919,943 | |||
| ConocoPhillips | 63,433 | 8,404,238 | |||
| EOG Resources, Inc. | 18,676 | 2,707,273 | |||
| EQT Corp. | 18,644 | 1,010,132 | |||
| Expand Energy Corp. | 28,813 | 2,828,284 | |||
| ExxonMobil Holdings Corp. | 41,585 | 6,693,106 | |||
| Kinder Morgan, Inc. | 40,051 | 1,291,244 | |||
| Phillips 66 | 2,168 | 534,585 | |||
| South Bow Corp. | 42,697 | 1,614,904 | |||
| TC Energy Corp. | 31,876 | 1,993,206 | |||
| The Williams Companies, Inc. | 17,074 | 1,281,404 | |||
| TotalEnergies SE | 104,009 | 9,185,035 | |||
| Financials 19.8% | 101,723,430 | ||||
| Banks 8.6% | |||||
| Bank of America Corp. | 86,034 | 5,328,946 | |||
| Citigroup, Inc. | 62,978 | 8,289,164 | |||
| Fifth Third Bancorp | 81,485 | 4,381,448 | |||
| Huntington Bancshares, Inc. | 321,148 | 5,358,354 | |||
| JPMorgan Chase & Co. | 26,176 | 9,319,180 | |||
| U.S. Bancorp | 117,511 | 7,236,327 | |||
| Wells Fargo & Company | 48,812 | 4,216,869 | |||
| Capital markets 2.5% | |||||
| Morgan Stanley | 4,903 | 1,045,908 | |||
| State Street Corp. | 14,300 | 2,736,734 | |||
| The Charles Schwab Corp. | 85,345 | 9,372,588 | |||
| Consumer finance 0.4% | |||||
| Capital One Financial Corp. | 9,249 | 1,984,003 | |||
| Financial services 2.0% | |||||
| Apollo Global Management, Inc. | 7,529 | 1,028,311 | |||
| Berkshire Hathaway, Inc., Class B (A) | 935 | 471,268 | |||
| Equitable Holdings, Inc. | 141,011 | 7,068,881 | |||
| Fiserv, Inc. (A) | 22,699 | 1,210,084 | |||
| Global Payments, Inc. | 4,735 | 431,122 | |||
| Insurance 6.3% | |||||
| American International Group, Inc. | 60,939 | 4,653,302 | |||
| Chubb, Ltd. | 21,289 | 7,208,455 | |||
| Loews Corp. | 53,537 | 5,797,522 | |||
| MetLife, Inc. | 118,156 | 11,244,907 | |||
| The Allstate Corp. | 12,956 | 3,340,057 | |||
| 3 | JOHN HANCOCK EQUITY INCOME FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Shares | Value | ||||
| Health care 13.5% | $69,348,823 | ||||
| Biotechnology 0.2% | |||||
| Biogen, Inc. (A) | 5,180 | 1,122,247 | |||
| Health care equipment and supplies 3.0% | |||||
| Becton, Dickinson and Company | 35,989 | 6,769,891 | |||
| Medtronic PLC | 41,045 | 3,720,729 | |||
| Zimmer Biomet Holdings, Inc. | 47,395 | 4,741,396 | |||
| Health care providers and services 4.3% | |||||
| CVS Health Corp. | 70,186 | 6,591,167 | |||
| Elevance Health, Inc. | 19,210 | 7,540,693 | |||
| The Cigna Group | 12,476 | 3,444,374 | |||
| UnitedHealth Group, Inc. | 11,326 | 4,410,458 | |||
| Life sciences tools and services 1.2% | |||||
| Revvity, Inc. | 3,300 | 424,611 | |||
| Thermo Fisher Scientific, Inc. | 4,643 | 2,865,195 | |||
| Waters Corp. (A) | 6,640 | 2,753,143 | |||
| Pharmaceuticals 4.8% | |||||
| AstraZeneca PLC | 20,234 | 3,280,538 | |||
| Bristol-Myers Squibb Company | 64,229 | 4,291,139 | |||
| Johnson & Johnson | 14,429 | 3,835,950 | |||
| Merck & Company, Inc. | 42,897 | 6,338,461 | |||
| Novo Nordisk A/S, ADR | 47,553 | 2,155,577 | |||
| Viatris, Inc. | 306,678 | 5,063,254 | |||
| Industrials 12.0% | 61,785,193 | ||||
| Aerospace and defense 2.7% | |||||
| Airbus SE | 2,830 | 645,875 | |||
| General Electric Company | 5,863 | 1,968,268 | |||
| L3Harris Technologies, Inc. | 16,866 | 4,490,573 | |||
| StandardAero, Inc. (A) | 84,840 | 2,077,732 | |||
| The Boeing Company (A) | 22,944 | 4,767,304 | |||
| Air freight and logistics 0.7% | |||||
| United Parcel Service, Inc., Class B | 34,917 | 3,639,399 | |||
| Electrical equipment 0.3% | |||||
| Rockwell Automation, Inc. | 3,512 | 1,490,598 | |||
| Ground transportation 2.1% | |||||
| CSX Corp. | 130,819 | 6,607,668 | |||
| Norfolk Southern Corp. | 2,924 | 1,002,318 | |||
| Union Pacific Corp. | 10,381 | 3,121,255 | |||
| Industrial conglomerates 1.5% | |||||
| 3M Company | 6,490 | 1,115,177 | |||
| Siemens AG | 20,047 | 6,645,747 | |||
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK EQUITY INCOME FUND | 4 |
| Shares | Value | ||||
| Industrials (continued) | |||||
| Machinery 3.3% | |||||
| AGCO Corp. | 27,339 | $3,234,477 | |||
| Fortive Corp. | 104,759 | 6,164,020 | |||
| Stanley Black & Decker, Inc. | 77,609 | 7,479,179 | |||
| The Middleby Corp. (A) | 3,458 | 383,285 | |||
| Passenger airlines 0.8% | |||||
| Southwest Airlines Company | 104,204 | 4,014,980 | |||
| Professional services 0.6% | |||||
| Booz Allen Hamilton Holding Corp. | 38,828 | 2,937,338 | |||
| Information technology 16.8% | 86,506,512 | ||||
| Communications equipment 0.9% | |||||
| Cisco Systems, Inc. | 42,900 | 4,740,021 | |||
| Electronic equipment, instruments and components 0.6% | |||||
| Ralliant Corp. | 17,045 | 1,052,188 | |||
| TE Connectivity PLC | 9,790 | 2,009,398 | |||
| Semiconductors and semiconductor equipment 3.9% | |||||
| Applied Materials, Inc. | 5,877 | 2,693,958 | |||
| Intel Corp. (A) | 77,794 | 6,963,341 | |||
| Qualcomm, Inc. | 46,257 | 7,885,893 | |||
| Skyworks Solutions, Inc. | 15,427 | 1,033,763 | |||
| Texas Instruments, Inc. | 6,282 | 1,639,037 | |||
| Software 7.1% | |||||
| Microsoft Corp. | 63,463 | 32,194,146 | |||
| Salesforce, Inc. | 16,534 | 4,258,166 | |||
| Technology hardware, storage and peripherals 4.3% | |||||
| Apple, Inc. | 69,549 | 22,036,601 | |||
| Materials 3.2% | 16,201,180 | ||||
| Chemicals 1.3% | |||||
| CF Industries Holdings, Inc. | 51,356 | 6,677,821 | |||
| Containers and packaging 1.4% | |||||
| Avery Dennison Corp. | 10,114 | 1,760,949 | |||
| International Paper Company | 138,960 | 5,270,753 | |||
| Paper and forest products 0.5% | |||||
| West Fraser Timber Company, Ltd. | 36,556 | 2,491,657 | |||
| Real estate 2.9% | 14,637,932 | ||||
| Industrial REITs 0.6% | |||||
| Rexford Industrial Realty, Inc. | 82,073 | 3,039,984 | |||
| Residential REITs 1.2% | |||||
| Sun Communities, Inc. | 6,017 | 730,584 | |||
| Vivmark Residential | 78,102 | 5,087,564 | |||
| 5 | JOHN HANCOCK EQUITY INCOME FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Shares | Value | ||||
| Real estate (continued) | |||||
| Specialized REITs 1.1% | |||||
| Public Storage | 3,277 | $1,006,006 | |||
| Rayonier, Inc. | 182,187 | 3,734,834 | |||
| Weyerhaeuser Company | 44,457 | 1,038,960 | |||
| Utilities 4.7% | 24,185,165 | ||||
| Electric utilities 3.3% | |||||
| Alliant Energy Corp. | 58,347 | 3,966,429 | |||
| NextEra Energy, Inc. | 33,605 | 2,767,036 | |||
| The Southern Company | 101,219 | 8,907,272 | |||
| Xcel Energy, Inc. | 14,709 | 1,113,324 | |||
| Multi-utilities 1.4% | |||||
| Ameren Corp. | 35,913 | 3,807,137 | |||
| Sempra | 44,357 | 3,623,967 | |||
| Preferred securities 0.6% | $3,133,911 | ||||
| (Cost $2,865,047) | |||||
| Industrials 0.4% | 2,042,979 | ||||
| Aerospace and defense 0.4% | |||||
| The Boeing Company, 6.000% | 31,508 | 2,042,979 | |||
| Utilities 0.2% | 1,090,932 | ||||
| Electric utilities 0.2% | |||||
| The Southern Company, 7.125% | 22,799 | 1,090,932 | |||
| Yield (%) | Shares | Value | |||
| Short-term investments 0.6% | $2,832,669 | ||||
| (Cost $2,832,669) | |||||
| Short-term funds 0.6% | 2,832,669 | ||||
| State Street Institutional U.S. Government Money Market Fund, Premier Class | 3.6112(B) | 1,484,268 | 1,484,268 | ||
| T. Rowe Price Government Reserve Fund | 3.7112(B) | 1,348,401 | 1,348,401 | ||
| Total investments (Cost $381,597,516) 99.9% | $512,864,930 | ||||
| Other assets and liabilities, net 0.1% | 669,562 | ||||
| Total net assets 100.0% | $513,534,492 | ||||
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
| Security Abbreviations and Legend | |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | The rate shown is the annualized seven-day yield as of 8-31-26. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK EQUITY INCOME FUND | 6 |
| 7 | JOHN HANCOCK EQUITY INCOME FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Assets | |
| Unaffiliated investments, at value (Cost $381,597,516) | $512,864,930 |
| Cash | 19,882 |
| Foreign currency, at value (Cost $19,360) | 19,414 |
| Dividends and interest receivable | 1,339,426 |
| Receivable for fund shares sold | 78,630 |
| Receivable for investments sold | 74,641 |
| Receivable for securities lending income | 48 |
| Other assets | 59,067 |
| Total assets | 514,456,038 |
| Liabilities | |
| Payable for investments purchased | 493,809 |
| Payable for fund shares repurchased | 264,356 |
| Payable to affiliates | |
| Accounting and legal services fees | 25,133 |
| Transfer agent fees | 13,669 |
| Trustees’ fees | 226 |
| Other liabilities and accrued expenses | 124,353 |
| Total liabilities | 921,546 |
| Net assets | $513,534,492 |
| Net assets consist of | |
| Paid-in capital | $325,059,508 |
| Total distributable earnings (loss) | 188,474,984 |
| Net assets | $513,534,492 |
| Net asset value per share | |
| Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
| Class A ($143,710,858 ÷ 9,008,596 shares)1 | $15.95 |
| Class C ($869,027 ÷ 54,200 shares)1 | $16.03 |
| Class 1 ($368,954,607 ÷ 23,091,630 shares) | $15.98 |
| Maximum offering price per share | |
| Class A (net asset value per share ÷ 95%)2 | $16.79 |
| 1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
| 2 | On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK EQUITY INCOME FUND | 8 |
| Investment income | |
| Dividends | $12,739,694 |
| Interest | 1,529 |
| Securities lending, net | 2,504 |
| Less foreign taxes withheld | (191,610) |
| Total investment income | 12,552,117 |
| Expenses | |
| Investment management fees | 3,970,197 |
| Distribution and service fees | 647,704 |
| Accounting and legal services fees | 100,599 |
| Transfer agent fees | 155,356 |
| Trustees’ fees | 10,614 |
| Custodian fees | 11,335 |
| State registration fees | 45,445 |
| Printing and postage | 26,112 |
| Professional fees | 100,805 |
| Other | 71,244 |
| Total expenses | 5,139,411 |
| Less expense reductions | (216,881) |
| Net expenses | 4,922,530 |
| Net investment income | 7,629,587 |
| Realized and unrealized gain (loss) | |
| Net realized gain (loss) on | |
| Unaffiliated investments and foreign currency transactions | 83,177,070 |
| Affiliated investments | (594) |
| Futures contracts | 63,358 |
| 83,239,834 | |
| Change in net unrealized appreciation (depreciation) of | |
| Unaffiliated investments and translation of assets and liabilities in foreign currencies | 32,407,671 |
| 32,407,671 | |
| Net realized and unrealized gain | 115,647,505 |
| Increase in net assets from operations | $123,277,092 |
| 9 | JOHN HANCOCK EQUITY INCOME FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Year ended 8-31-26 | Year ended 8-31-25 | |
| Increase (decrease) in net assets | ||
| From operations | ||
| Net investment income | $7,629,587 | $18,994,502 |
| Net realized gain | 83,239,834 | 518,940,311 |
| Change in net unrealized appreciation (depreciation) | 32,407,671 | (521,556,717) |
| Increase in net assets resulting from operations | 123,277,092 | 16,378,096 |
| Distributions to shareholders | ||
| From earnings | ||
| Class A | (50,084,957) | (15,739,972) |
| Class C | (279,550) | (105,568) |
| Class 1 | (159,484,570) | (18,680,431) |
| Class NAV1 | — | (133,170,301) |
| Total distributions | (209,849,077) | (167,696,272) |
| From fund share transactions | (2,924,812) | (1,007,320,520) |
| Total decrease | (89,496,797) | (1,158,638,696) |
| Net assets | ||
| Beginning of year | 603,031,289 | 1,761,669,985 |
| End of year | $513,534,492 | $603,031,289 |
| 1 | Class NAV shares were fully redeemed on 4-10-25. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK EQUITY INCOME FUND | 10 |
| CLASS A SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $20.10 | $21.09 | $18.66 | $19.93 | $22.20 |
| Net investment income1 | 0.17 | 0.26 | 0.29 | 0.33 | 0.27 |
| Net realized and unrealized gain (loss) on investments | 3.12 | 0.842 | 3.54 | 0.46 | (0.64) |
| Total from investment operations | 3.29 | 1.10 | 3.83 | 0.79 | (0.37) |
| Less distributions | |||||
| From net investment income | (0.16) | (0.34) | (0.30) | (0.35) | (0.27) |
| From net realized gain | (7.28) | (1.75) | (1.10) | (1.71) | (1.63) |
| Total distributions | (7.44) | (2.09) | (1.40) | (2.06) | (1.90) |
| Net asset value, end of period | $15.95 | $20.10 | $21.09 | $18.66 | $19.93 |
| Total return (%)3,4 | 23.48 | 6.13 | 21.58 | 4.35 | (1.91) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $144 | $152 | $159 | $140 | $121 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 1.16 | 1.16 | 1.14 | 1.16 | 1.14 |
| Expenses including reductions | 1.13 | 1.12 | 1.11 | 1.13 | 1.11 |
| Net investment income | 1.06 | 1.34 | 1.52 | 1.76 | 1.29 |
| Portfolio turnover (%) | 30 | 275 | 22 | 19 | 15 |
| 1 | Based on average daily shares outstanding. |
| 2 | The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the fund. |
| 3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 4 | Does not reflect the effect of sales charges, if any. |
| 5 | Portfolio turnover rate excludes securities delivered from in-kind transactions. |
| 11 | JOHN HANCOCK Equity Income Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS C SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $20.19 | $21.17 | $18.73 | $19.99 | $22.25 |
| Net investment income1 | 0.06 | 0.12 | 0.16 | 0.20 | 0.12 |
| Net realized and unrealized gain (loss) on investments | 3.13 | 0.852 | 3.55 | 0.46 | (0.63) |
| Total from investment operations | 3.19 | 0.97 | 3.71 | 0.66 | (0.51) |
| Less distributions | |||||
| From net investment income | (0.07) | (0.20) | (0.17) | (0.21) | (0.12) |
| From net realized gain | (7.28) | (1.75) | (1.10) | (1.71) | (1.63) |
| Total distributions | (7.35) | (1.95) | (1.27) | (1.92) | (1.75) |
| Net asset value, end of period | $16.03 | $20.19 | $21.17 | $18.73 | $19.99 |
| Total return (%)3,4 | 22.63 | 5.36 | 20.72 | 3.63 | (2.56) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $1 | $1 | $1 | $2 | $2 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 1.86 | 1.86 | 1.84 | 1.86 | 1.84 |
| Expenses including reductions | 1.83 | 1.83 | 1.81 | 1.83 | 1.81 |
| Net investment income | 0.36 | 0.62 | 0.82 | 1.07 | 0.58 |
| Portfolio turnover (%) | 30 | 275 | 22 | 19 | 15 |
| 1 | Based on average daily shares outstanding. |
| 2 | The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the fund. |
| 3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 4 | Does not reflect the effect of sales charges, if any. |
| 5 | Portfolio turnover rate excludes securities delivered from in-kind transactions. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Equity Income Fund | 12 |
| CLASS 1 SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $20.13 | $21.12 | $18.68 | $19.96 | $22.22 |
| Net investment income1 | 0.23 | 0.32 | 0.36 | 0.40 | 0.35 |
| Net realized and unrealized gain (loss) on investments | 3.12 | 0.852 | 3.55 | 0.45 | (0.63) |
| Total from investment operations | 3.35 | 1.17 | 3.91 | 0.85 | (0.28) |
| Less distributions | |||||
| From net investment income | (0.22) | (0.41) | (0.37) | (0.42) | (0.35) |
| From net realized gain | (7.28) | (1.75) | (1.10) | (1.71) | (1.63) |
| Total distributions | (7.50) | (2.16) | (1.47) | (2.13) | (1.98) |
| Net asset value, end of period | $15.98 | $20.13 | $21.12 | $18.68 | $19.96 |
| Total return (%)3 | 24.00 | 6.46 | 22.06 | 4.70 | (1.48) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $369 | $450 | $189 | $174 | $186 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 0.80 | 0.80 | 0.78 | 0.79 | 0.77 |
| Expenses including reductions | 0.77 | 0.76 | 0.75 | 0.76 | 0.74 |
| Net investment income | 1.42 | 1.62 | 1.89 | 2.12 | 1.65 |
| Portfolio turnover (%) | 30 | 274 | 22 | 19 | 15 |
| 1 | Based on average daily shares outstanding. |
| 2 | The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the fund. |
| 3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 4 | Portfolio turnover rate excludes securities delivered from in-kind transactions. |
| 13 | JOHN HANCOCK Equity Income Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| | JOHN HANCOCK Equity Income Fund | 14 |
| Total value at 8-31-26 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
| Investments in securities: | ||||
| Assets | ||||
| Common stocks | ||||
| Communication services | $13,861,489 | $13,861,489 | — | — |
| Consumer discretionary | 40,633,333 | 40,633,333 | — | — |
| Consumer staples | 32,057,424 | 32,057,424 | — | — |
| Energy | 45,957,869 | 45,957,869 | — | — |
| Financials | 101,723,430 | 101,723,430 | — | — |
| Health care | 69,348,823 | 69,348,823 | — | — |
| Industrials | 61,785,193 | 54,493,571 | $7,291,622 | — |
| Information technology | 86,506,512 | 86,506,512 | — | — |
| Materials | 16,201,180 | 16,201,180 | — | — |
| Real estate | 14,637,932 | 14,637,932 | — | — |
| Utilities | 24,185,165 | 24,185,165 | — | — |
| Preferred securities | 3,133,911 | 3,133,911 | — | — |
| Short-term investments | 2,832,669 | 2,832,669 | — | — |
| Total investments in securities | $512,864,930 | $505,573,308 | $7,291,622 | — |
| 15 | JOHN HANCOCK Equity Income Fund | |
| | JOHN HANCOCK Equity Income Fund | 16 |
| August 31, 2026 | August 31, 2025 | |
| Ordinary income | $6,828,974 | $25,830,518 |
| Long-term capital gains | 203,020,103 | 141,865,754 |
| Total | $209,849,077 | $167,696,272 |
| 17 | JOHN HANCOCK Equity Income Fund | |
| Statement of operations location - Net realized gain (loss) on: | |
| Risk | Futures contracts |
| Equity | $63,358 |
| | JOHN HANCOCK Equity Income Fund | 18 |
| Aggregate daily net assets ($) | Rate |
| First 100 million | 0.800% |
| Between 100 million and 200 million | 0.775% |
| Between 200 million and 500 million | 0.750% |
| Between 500 million and 1 billion | 0.725% |
| Between 1 billion and 1.5 billion | 0.725% |
| Between 1.5 billion and 2 billion | 0.700% |
| Between 2 billion and 3 billion | 0.695% |
| Excess over 3 billion | 0.670% |
| When aggregate net assets exceed $200 million on any day, the annual rate of advisory fee for that day is 0.775% on the first $200 million of aggregate net assets. |
| When aggregate net assets exceed $500 million on any day, the annual rate of advisory fee for that day is 0.750% on the first $500 million of aggregate net assets and 0.725% on the amount above $500 million. |
| When aggregate net assets exceed $1 billion on any day, the annual rate of advisory fee for that day is 0.725% on the first $1 billion of aggregate net assets. |
| When aggregate net assets exceed $1.5 billion on any day, the annual rate of advisory fee for that day is 0.700% on the first $1.5 billion of aggregate net assets. |
| When aggregate net assets exceed $2 billion on any day, the annual rate of advisory fee for that day is 0.695% on the first $2 billion of aggregate net assets. |
| When aggregate net assets exceed $3 billion on any day, the annual rate of advisory fee for that day is 0.670% on the first $3 billion of aggregate net assets. |
| Aggregate daily net assets ($) | Rate |
| First 100 million | 0.800% |
| Between 100 million and 200 million | 0.775% |
| Between 200 million and 500 million | 0.750% |
| Between 500 million and 1 billion | 0.725% |
| Between 1 billion and 1.5 billion | 0.725% |
| Between 1.5 billion and 2 billion | 0.700% |
| Between 2 billion and 3 billion | 0.695% |
| 19 | JOHN HANCOCK Equity Income Fund | |
| Aggregate daily net assets ($) | Rate |
| Between 3 billion and 4 billion | 0.690% |
| Between 4 billion and 5.5 billion | 0.680% |
| Between 5.5 billion and 7.5 billion | 0.675% |
| Excess over 7.5 billion | 0.670% |
| When aggregate net assets exceed $200 million on any day, the annual rate of advisory fee for that day is 0.775% on the first $200 million of aggregate net assets. | |
| When aggregate net assets exceed $500 million on any day, the annual rate of advisory fee for that day is 0.750% on the first $500 million of aggregate net assets and 0.725% on the amount above $500 million. | |
| When aggregate net assets exceed $1 billion on any day, the annual rate of advisory fee for that day is 0.725% on the first $1 billion of aggregate net assets. | |
| When aggregate net assets exceed $1.5 billion on any day, the annual rate of advisory fee for that day is 0.700% on the first $1.5 billion of aggregate net assets. | |
| When aggregate net assets exceed $2 billion on any day, the annual rate of advisory fee for that day is 0.695% on the first $2 billion of aggregate net assets. | |
| When aggregate net assets exceed $3 billion on any day, the annual rate of advisory fee for that day is 0.690% on the first $3 billion of aggregate net assets. | |
| When aggregate net assets exceed $4 billion on any day, the annual rate of advisory fee for that day is 0.680% on the first $4 billion of aggregate net assets. | |
| When aggregate net assets exceed $5.5 billion on any day, the annual rate of advisory fee for that day is 0.675% on the first $5.5 billion of aggregate net assets. | |
| When aggregate net assets exceed $7.5 billion on any day, the annual rate of advisory fee for that day is 0.670% on the first $7.5 billion of aggregate net assets. |
| | JOHN HANCOCK Equity Income Fund | 20 |
| Class | Rule 12b-1 Fee |
| Class A | 0.30% |
| Class C | 1.00% |
| Class 1 | 0.05% |
| 21 | JOHN HANCOCK Equity Income Fund | |
| Class | Distribution and service fees | Transfer agent fees |
| Class A | $423,122 | $154,500 |
| Class C | 7,815 | 856 |
| Class 1 | 216,767 | — |
| Total | $647,704 | $155,356 |
| Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
| Lender | $1,500,000 | 1 | 4.145% | $173 |
| Year Ended 8-31-26 | Year Ended 8-31-25 | |||
| Shares | Amount | Shares | Amount | |
| Class A shares | ||||
| Sold | 865,655 | $13,260,191 | 1,045,860 | $20,482,783 |
| Distributions reinvested | 3,727,183 | 50,061,731 | 837,963 | 15,727,651 |
| Repurchased | (3,130,121) | (50,623,554) | (1,896,906) | (36,953,589) |
| Net increase (decrease) | 1,462,717 | $12,698,368 | (13,083) | $(743,155) |
| Class C shares | ||||
| Sold | 10,331 | $163,868 | 4,431 | $87,756 |
| Distributions reinvested | 20,702 | 279,550 | 5,607 | 105,568 |
| Repurchased | (18,984) | (302,843) | (30,260) | (595,405) |
| Net increase (decrease) | 12,049 | $140,575 | (20,222) | $(402,081) |
| | JOHN HANCOCK Equity Income Fund | 22 |
| Year Ended 8-31-26 | Year Ended 8-31-25 | |||
| Shares | Amount | Shares | Amount | |
| Class 1 shares | ||||
| Sold | 490,151 | $7,776,317 | 14,612,924 | $285,793,3211 |
| Distributions reinvested | 11,852,692 | 159,484,570 | 993,359 | 18,680,431 |
| Repurchased | (11,629,452) | (183,024,642) | (2,173,601) | (42,786,606) |
| Net increase (decrease) | 713,391 | $(15,763,755) | 13,432,682 | $261,687,146 |
| Class NAV shares2 | ||||
| Sold | — | — | 564,484 | $11,791,595 |
| Distributions reinvested | — | — | 7,111,142 | 133,170,301 |
| Repurchased | — | — | (74,670,309) | (1,412,824,326) |
| Net decrease | — | — | (66,994,683) | $(1,267,862,430) |
| Total net increase (decrease) | 2,188,157 | $(2,924,812) | (53,595,306) | $(1,007,320,520) |
| 1 | Includes in-kind subscriptions of approximately $203,500,000 by affiliates of the fund. The cost basis of the contributed securities is equal to the market value of the securities on the date of the subscription. |
| 2 | Class NAV shares were fully redeemed on 4-10-25. |
| Dividends and distributions | |||||||||
| Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
| John Hancock Collateral Trust* | — | — | $30,788,776 | $(30,788,182) | $(594) | — | $2,504 | — | — |
| * | Refer to the Securities lending note within Note 2 for details regarding this investment. |
| 23 | JOHN HANCOCK Equity Income Fund | |
| | JOHN HANCOCK Equity Income Fund | 24 |
| 25 | JOHN HANCOCK EQUITY INCOME FUND | |
| | JOHN HANCOCK EQUITY INCOME FUND | 26 |
| 27 | JOHN HANCOCK EQUITY INCOME FUND | |
| (a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
| (b) | the background, qualifications and skills of the Advisor’s personnel; |
| (c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
| (d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
| (e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; and |
| | JOHN HANCOCK EQUITY INCOME FUND | 28 |
| (f) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
| (a) | reviewed information prepared by management regarding the fund’s performance; |
| (b) | considered the comparative performance of an applicable benchmark index; |
| (c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
| (d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
| 29 | JOHN HANCOCK EQUITY INCOME FUND | |
| (a) | reviewed financial information of the Advisor; |
| (b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
| (c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
| (d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
| (e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
| (f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
| (g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
| (h) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
| (i) | noted that the subadvisory fee for the fund is paid by the Advisor and is negotiated at arm’s length; |
| (j) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
| (k) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
| (a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is |
| | JOHN HANCOCK EQUITY INCOME FUND | 30 |
| based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; | |
| (b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
| (c) | the Board also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale. |
| (1) | information relating to the Subadvisor’s business, including current subadvisory services to the fund (and other funds in the John Hancock Fund Complex); |
| (2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; |
| (3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data; and |
| (4) | information relating to the nature and scope of any material relationships and their significant to the fund’s Advisor and Subadvisor. |
| 31 | JOHN HANCOCK EQUITY INCOME FUND | |
| (1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
| (2) | the performance of the fund is being monitored and reasonably addressed, where appropriate; |
| (3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
| (4) | the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
| | JOHN HANCOCK EQUITY INCOME FUND | 32 |
| 33 | JOHN HANCOCK EQUITY INCOME FUND | |
| | JOHN HANCOCK Equity Income Fund | 34 |
| MF5889498 | 458A 8/26 |
| 1 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | |
| Shares | Value | ||||
| Common stocks 99.6% | $431,875,833 | ||||
| (Cost $319,020,342) | |||||
| Communication services 14.5% | 62,890,694 | ||||
| Entertainment 4.0% | |||||
| Liberty Media Corp.-Liberty Formula One, Series C (A) | 100,785 | 10,073,461 | |||
| Spotify Technology SA (A) | 13,017 | 7,076,302 | |||
| Interactive media and services 10.5% | |||||
| Alphabet, Inc., Class A | 57,360 | 19,465,116 | |||
| CarGurus, Inc. (A) | 200,246 | 7,140,772 | |||
| Meta Platforms, Inc., Class A | 33,433 | 19,135,043 | |||
| Consumer discretionary 17.1% | 74,316,408 | ||||
| Automobile components 0.7% | |||||
| Fox Factory Holding Corp. (A) | 52,434 | 1,071,227 | |||
| Mobileye Global, Inc., Class A (A) | 213,535 | 1,821,454 | |||
| Automobiles 1.6% | |||||
| Ferrari NV | 16,869 | 7,128,839 | |||
| Broadline retail 7.5% | |||||
| Amazon.com, Inc. (A) | 125,085 | 32,493,330 | |||
| Hotels, restaurants and leisure 1.7% | |||||
| Vail Resorts, Inc. | 55,051 | 7,537,032 | |||
| Household durables 2.6% | |||||
| Lennar Corp., Class A | 131,866 | 11,091,249 | |||
| Specialty retail 3.0% | |||||
| CarMax, Inc. (A) | 164,309 | 10,077,071 | |||
| Group 1 Automotive, Inc. | 11,487 | 3,096,206 | |||
| Consumer staples 1.0% | 4,288,288 | ||||
| Food products 1.0% | |||||
| Post Holdings, Inc. (A) | 51,443 | 4,288,288 | |||
| Energy 2.8% | 12,039,505 | ||||
| Oil, gas and consumable fuels 2.8% | |||||
| Cheniere Energy, Inc. | 41,275 | 12,039,505 | |||
| Financials 8.6% | 37,121,367 | ||||
| Banks 0.7% | |||||
| First Hawaiian, Inc. | 125,004 | 3,201,352 | |||
| Capital markets 6.4% | |||||
| KKR & Company, Inc. | 171,718 | 18,840,899 | |||
| S&P Global, Inc. | 20,060 | 8,742,950 | |||
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 2 |
| Shares | Value | ||||
| Financials (continued) | |||||
| Insurance 1.5% | |||||
| Arthur J. Gallagher & Company | 24,170 | $6,336,166 | |||
| Health care 13.9% | 60,438,181 | ||||
| Biotechnology 1.7% | |||||
| Alnylam Pharmaceuticals, Inc. (A) | 30,579 | 7,360,060 | |||
| Health care equipment and supplies 2.3% | |||||
| GE HealthCare Technologies, Inc. | 49,400 | 3,518,762 | |||
| Zimmer Biomet Holdings, Inc. | 63,285 | 6,331,031 | |||
| Health care providers and services 5.0% | |||||
| Elevance Health, Inc. | 21,687 | 8,513,015 | |||
| McKesson Corp. | 11,864 | 10,503,436 | |||
| UnitedHealth Group, Inc. | 7,366 | 2,868,394 | |||
| Life sciences tools and services 2.8% | |||||
| Thermo Fisher Scientific, Inc. | 19,463 | 12,010,617 | |||
| Pharmaceuticals 2.1% | |||||
| Elanco Animal Health, Inc. (A) | 390,170 | 9,332,866 | |||
| Industrials 5.2% | 22,556,064 | ||||
| Aerospace and defense 2.1% | |||||
| TransDigm Group, Inc. | 7,812 | 9,153,633 | |||
| Electrical equipment 0.7% | |||||
| Regal Rexnord Corp. | 18,174 | 2,879,670 | |||
| Machinery 0.7% | |||||
| Fortive Corp. | 52,668 | 3,098,985 | |||
| Trading companies and distributors 1.7% | |||||
| United Rentals, Inc. | 7,152 | 7,423,776 | |||
| Information technology 32.1% | 139,466,830 | ||||
| IT services 0.4% | |||||
| Accenture PLC, Class A | 10,370 | 1,967,811 | |||
| Semiconductors and semiconductor equipment 13.1% | |||||
| Broadcom, Inc. | 52,722 | 19,525,065 | |||
| NVIDIA Corp. | 73,307 | 16,184,719 | |||
| Qualcomm, Inc. | 25,280 | 4,309,734 | |||
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 40,767 | 16,931,350 | |||
| Software 17.6% | |||||
| Adobe, Inc. (A) | 7,494 | 2,194,168 | |||
| HubSpot, Inc. (A) | 13,409 | 3,504,576 | |||
| Microsoft Corp. | 78,916 | 40,033,302 | |||
| Roper Technologies, Inc. | 32,759 | 13,910,782 | |||
| Salesforce, Inc. | 36,696 | 9,450,688 | |||
| Workday, Inc., Class A (A) | 35,855 | 7,079,570 | |||
| 3 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Shares | Value | ||||
| Information technology (continued) | |||||
| Technology hardware, storage and peripherals 1.0% | |||||
| Apple, Inc. | 13,808 | $4,375,065 | |||
| Materials 1.7% | 7,187,812 | ||||
| Construction materials 1.7% | |||||
| Vulcan Materials Company | 26,663 | 7,187,812 | |||
| Real estate 2.7% | 11,570,684 | ||||
| Real estate management and development 0.2% | |||||
| Five Point Holdings LLC, Class A (A) | 157,076 | 797,946 | |||
| Specialized REITs 2.5% | |||||
| American Tower Corp. | 20,033 | 3,519,798 | |||
| Crown Castle, Inc. | 42,486 | 3,234,884 | |||
| Millrose Properties, Inc., Class A | 132,086 | 4,018,056 | |||
| Yield (%) | Shares | Value | |||
| Short-term investments 1.0% | $4,464,727 | ||||
| (Cost $4,464,970) | |||||
| Short-term funds 1.0% | 4,464,727 | ||||
| John Hancock Collateral Trust (B) | 3.6571(C) | 446,477 | 4,464,727 | ||
| Total investments (Cost $323,485,312) 100.6% | $436,340,560 | ||||
| Other assets and liabilities, net (0.6%) | (2,605,455) | ||||
| Total net assets 100.0% | $433,735,105 | ||||
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
| Security Abbreviations and Legend | |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (C) | The rate shown is the annualized seven-day yield as of 8-31-26. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 4 |
| Assets | |
| Unaffiliated investments, at value (Cost $319,020,342) | $431,875,833 |
| Affiliated investments, at value (Cost $4,464,970) | 4,464,727 |
| Total investments, at value (Cost $323,485,312) | 436,340,560 |
| Foreign currency, at value (Cost $57) | 57 |
| Dividends and interest receivable | 123,204 |
| Receivable for fund shares sold | 185,144 |
| Receivable for investments sold | 8,493,362 |
| Receivable from affiliates | 43,545 |
| Other assets | 72,290 |
| Total assets | 445,258,162 |
| Liabilities | |
| Payable for investments purchased | 10,721,072 |
| Payable for fund shares repurchased | 570,994 |
| Payable to affiliates | |
| Accounting and legal services fees | 20,209 |
| Transfer agent fees | 34,356 |
| Distribution and service fees | 30 |
| Trustees’ fees | 179 |
| Other liabilities and accrued expenses | 176,217 |
| Total liabilities | 11,523,057 |
| Net assets | $433,735,105 |
| Net assets consist of | |
| Paid-in capital | $276,518,859 |
| Total distributable earnings (loss) | 157,216,246 |
| Net assets | $433,735,105 |
| 5 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Net asset value per share | |
| Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
| Class A ($153,960,007 ÷ 4,125,145 shares)1 | $37.32 |
| Class C ($27,290,002 ÷ 805,365 shares)1 | $33.89 |
| Class I ($171,860,902 ÷ 4,449,204 shares) | $38.63 |
| Class R2 ($124,630 ÷ 3,328 shares) | $37.45 |
| Class R4 ($41,688 ÷ 1,087 shares) | $38.362 |
| Class R6 ($80,457,876 ÷ 2,066,386 shares) | $38.94 |
| Maximum offering price per share | |
| Class A (net asset value per share ÷ 95%)3 | $39.28 |
| 1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
| 2 | Net asset value, offering price and redemption price per share of $38.36 is calculated using Net assets of $41,688.18 and Shares outstanding of 1,086.77. |
| 3 | On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 6 |
| Investment income | |
| Dividends | $5,267,534 |
| Dividends from affiliated investments | 144,197 |
| Interest | 132 |
| Less foreign taxes withheld | (64,974) |
| Total investment income | 5,346,889 |
| Expenses | |
| Investment management fees | 3,511,433 |
| Distribution and service fees | 766,404 |
| Accounting and legal services fees | 93,307 |
| Transfer agent fees | 477,651 |
| Trustees’ fees | 11,827 |
| Custodian fees | 75,548 |
| State registration fees | 138,749 |
| Printing and postage | 67,624 |
| Professional fees | 150,277 |
| Other | 27,288 |
| Total expenses | 5,320,108 |
| Less expense reductions | (355,266) |
| Net expenses | 4,964,842 |
| Net investment income | 382,047 |
| Realized and unrealized gain (loss) | |
| Net realized gain (loss) on | |
| Unaffiliated investments and foreign currency transactions | 82,550,927 |
| Affiliated investments | (826) |
| 82,550,101 | |
| Change in net unrealized appreciation (depreciation) of | |
| Unaffiliated investments | (54,533,456) |
| Affiliated investments | (408) |
| (54,533,864) | |
| Net realized and unrealized gain | 28,016,237 |
| Increase in net assets from operations | $28,398,284 |
| 7 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Year ended 8-31-26 | Period ended 8-31-251 | Year ended 7-31-25 | |
| Increase (decrease) in net assets | |||
| From operations | |||
| Net investment income (loss) | $382,047 | $(29,239) | $1,638,172 |
| Net realized gain | 82,550,101 | 16,685,671 | 17,069,618 |
| Change in net unrealized appreciation (depreciation) | (54,533,864) | 3,923,213 | 11,374,225 |
| Increase in net assets resulting from operations | 28,398,284 | 20,579,645 | 30,082,015 |
| Distributions to shareholders | |||
| From earnings | |||
| Class A | (16,477,343) | — | (103,564) |
| Class C | (3,137,468) | — | — |
| Class I | (27,076,196) | — | (821,311) |
| Class R2 | (20,571) | — | — |
| Class R4 | (3,196) | — | (67) |
| Class R6 | (9,434,319) | — | (435,847) |
| Total distributions | (56,149,093) | — | (1,360,789) |
| From fund share transactions | (151,311,688) | (5,224,926) | 27,951,535 |
| Total increase (decrease) | (179,062,497) | 15,354,719 | 56,672,761 |
| Net assets | |||
| Beginning of year | 612,797,602 | 597,442,883 | 540,770,122 |
| End of year | $433,735,105 | $612,797,602 | $597,442,883 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 8 |
| CLASS A SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $38.61 | $37.32 | $35.36 | $28.42 | $26.23 | $29.93 |
| Net investment income (loss)2 | (0.04) | (0.01) | 0.04 | 0.05 | —3 | (0.06) |
| Net realized and unrealized gain (loss) on investments | 2.52 | 1.30 | 1.94 | 6.93 | 3.36 | (2.58) |
| Total from investment operations | 2.48 | 1.29 | 1.98 | 6.98 | 3.36 | (2.64) |
| Less distributions | ||||||
| From net investment income | (0.03) | — | (0.02) | (0.04) | — | — |
| From net realized gain | (3.74) | — | — | — | (1.17) | (1.06) |
| Total distributions | (3.77) | — | (0.02) | (0.04) | (1.17) | (1.06) |
| Net asset value, end of period | $37.32 | $38.61 | $37.32 | $35.36 | $28.42 | $26.23 |
| Total return (%)4,5 | 7.10 | 3.466 | 5.60 | 24.58 | 14.00 | (9.29) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $154 | $180 | $175 | $165 | $112 | $91 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 1.19 | 1.197 | 1.17 | 1.20 | 1.24 | 1.23 |
| Expenses including reductions | 1.12 | 1.128 | 1.12 | 1.13 | 1.13 | 1.12 |
| Net investment income (loss) | (0.11) | (0.24)8 | 0.10 | 0.16 | —9 | (0.21) |
| Portfolio turnover (%) | 42 | 8 | 26 | 12 | 36 | 25 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Less than $0.005 per share. |
| 4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 5 | Does not reflect the effect of sales charges, if any. |
| 6 | Not annualized. |
| 7 | Annualized. Certain expenses are presented unannualized. |
| 8 | Annualized. |
| 9 | Less than 0.005%. |
| 9 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS C SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $35.60 | $34.43 | $32.83 | $26.54 | $24.75 | $28.48 |
| Net investment loss2 | (0.26) | (0.03) | (0.20) | (0.14) | (0.17) | (0.24) |
| Net realized and unrealized gain (loss) on investments | 2.29 | 1.20 | 1.80 | 6.43 | 3.13 | (2.43) |
| Total from investment operations | 2.03 | 1.17 | 1.60 | 6.29 | 2.96 | (2.67) |
| Less distributions | ||||||
| From net realized gain | (3.74) | — | — | — | (1.17) | (1.06) |
| Total distributions | (3.74) | — | — | — | (1.17) | (1.06) |
| Net asset value, end of period | $33.89 | $35.60 | $34.43 | $32.83 | $26.54 | $24.75 |
| Total return (%)3,4 | 6.33 | 3.405 | 4.87 | 23.70 | 13.19 | (9.88) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $27 | $30 | $30 | $21 | $12 | $10 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 1.89 | 1.896 | 1.87 | 1.90 | 1.94 | 1.93 |
| Expenses including reductions | 1.82 | 1.827 | 1.82 | 1.83 | 1.83 | 1.82 |
| Net investment loss | (0.81) | (0.94)7 | (0.61) | (0.54) | (0.71) | (0.91) |
| Portfolio turnover (%) | 42 | 8 | 26 | 12 | 36 | 25 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 4 | Does not reflect the effect of sales charges, if any. |
| 5 | Not annualized. |
| 6 | Annualized. Certain expenses are presented unannualized. |
| 7 | Annualized. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 10 |
| CLASS I SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $39.82 | $38.48 | $36.43 | $29.26 | $26.89 | $30.56 |
| Net investment income2 | 0.08 | —3 | 0.15 | 0.13 | 0.08 | 0.03 |
| Net realized and unrealized gain (loss) on investments | 2.60 | 1.34 | 2.01 | 7.15 | 3.46 | (2.64) |
| Total from investment operations | 2.68 | 1.34 | 2.16 | 7.28 | 3.54 | (2.61) |
| Less distributions | ||||||
| From net investment income | (0.13) | — | (0.11) | (0.11) | — | — |
| From net realized gain | (3.74) | — | — | — | (1.17) | (1.06) |
| Total distributions | (3.87) | — | (0.11) | (0.11) | (1.17) | (1.06) |
| Net asset value, end of period | $38.63 | $39.82 | $38.48 | $36.43 | $29.26 | $26.89 |
| Total return (%)4 | 7.39 | 3.485 | 5.94 | 24.95 | 14.33 | (9.00) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $172 | $293 | $285 | $252 | $123 | $120 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 0.89 | 0.896 | 0.87 | 0.90 | 0.94 | 0.93 |
| Expenses including reductions | 0.82 | 0.827 | 0.82 | 0.83 | 0.83 | 0.83 |
| Net investment income | 0.21 | 0.067 | 0.40 | 0.45 | 0.31 | 0.10 |
| Portfolio turnover (%) | 42 | 8 | 26 | 12 | 36 | 25 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Less than $0.005 per share. |
| 4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 5 | Not annualized. |
| 6 | Annualized. Certain expenses are presented unannualized. |
| 7 | Annualized. |
| 11 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS R2 SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $38.74 | $37.45 | $35.49 | $28.52 | $26.34 | $30.07 |
| Net investment income (loss)2 | (0.07) | (0.01) | —3 | 0.02 | (0.02) | (0.09) |
| Net realized and unrealized gain (loss) on investments | 2.52 | 1.30 | 1.96 | 6.96 | 3.37 | (2.58) |
| Total from investment operations | 2.45 | 1.29 | 1.96 | 6.98 | 3.35 | (2.67) |
| Less distributions | ||||||
| From net investment income | —3 | — | — | (0.01) | — | — |
| From net realized gain | (3.74) | — | — | — | (1.17) | (1.06) |
| Total distributions | (3.74) | — | — | (0.01) | (1.17) | (1.06) |
| Net asset value, end of period | $37.45 | $38.74 | $37.45 | $35.49 | $28.52 | $26.34 |
| Total return (%)4 | 6.97 | 3.455 | 5.49 | 24.49 | 13.89 | (9.35) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $—6 | $—6 | $—6 | $—6 | $—6 | $—6 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 1.28 | 1.287 | 1.27 | 1.29 | 1.33 | 1.32 |
| Expenses including reductions | 1.21 | 1.228 | 1.22 | 1.21 | 1.21 | 1.21 |
| Net investment income (loss) | (0.18) | (0.33)8 | 0.01 | 0.07 | (0.09) | (0.30) |
| Portfolio turnover (%) | 42 | 8 | 26 | 12 | 36 | 25 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Less than $0.005 per share. |
| 4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 5 | Not annualized. |
| 6 | Less than $500,000. |
| 7 | Annualized. Certain expenses are presented unannualized. |
| 8 | Annualized. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 12 |
| CLASS R4 SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $39.57 | $38.24 | $36.23 | $29.11 | $26.77 | $30.45 |
| Net investment income2 | 0.01 | —3 | 0.10 | 0.13 | 0.06 | 0.01 |
| Net realized and unrealized gain (loss) on investments | 2.60 | 1.33 | 2.01 | 7.09 | 3.45 | (2.63) |
| Total from investment operations | 2.61 | 1.33 | 2.11 | 7.22 | 3.51 | (2.62) |
| Less distributions | ||||||
| From net investment income | (0.08) | — | (0.10) | (0.10) | — | — |
| From net realized gain | (3.74) | — | — | — | (1.17) | (1.06) |
| Total distributions | (3.82) | — | (0.10) | (0.10) | (1.17) | (1.06) |
| Net asset value, end of period | $38.36 | $39.57 | $38.24 | $36.23 | $29.11 | $26.77 |
| Total return (%)4 | 7.27 | 3.485 | 5.81 | 24.85 | 14.28 | (9.06) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $—6 | $—6 | $—6 | $—6 | $—6 | $—6 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 1.13 | 1.137 | 1.06 | 1.06 | 1.11 | 1.08 |
| Expenses including reductions | 0.96 | 0.978 | 0.91 | 0.89 | 0.89 | 0.87 |
| Net investment income (loss) | 0.05 | (0.10)8 | 0.25 | 0.40 | 0.23 | 0.04 |
| Portfolio turnover (%) | 42 | 8 | 26 | 12 | 36 | 25 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Less than $0.005 per share. |
| 4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 5 | Not annualized. |
| 6 | Less than $500,000. |
| 7 | Annualized. Certain expenses are presented unannualized. |
| 8 | Annualized. |
| 13 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS R6 SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $40.10 | $38.75 | $36.68 | $29.45 | $27.03 | $30.68 |
| Net investment income2 | 0.11 | 0.01 | 0.19 | 0.17 | 0.10 | 0.06 |
| Net realized and unrealized gain (loss) on investments | 2.64 | 1.34 | 2.03 | 7.20 | 3.49 | (2.65) |
| Total from investment operations | 2.75 | 1.35 | 2.22 | 7.37 | 3.59 | (2.59) |
| Less distributions | ||||||
| From net investment income | (0.17) | — | (0.15) | (0.14) | — | — |
| From net realized gain | (3.74) | — | — | — | (1.17) | (1.06) |
| Total distributions | (3.91) | — | (0.15) | (0.14) | (1.17) | (1.06) |
| Net asset value, end of period | $38.94 | $40.10 | $38.75 | $36.68 | $29.45 | $27.03 |
| Total return (%)3 | 7.51 | 3.484 | 6.05 | 25.10 | 14.44 | (8.90) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $80 | $109 | $108 | $103 | $72 | $61 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 0.78 | 0.785 | 0.77 | 0.79 | 0.83 | 0.82 |
| Expenses including reductions | 0.72 | 0.726 | 0.72 | 0.72 | 0.72 | 0.72 |
| Net investment income | 0.30 | 0.176 | 0.51 | 0.57 | 0.40 | 0.20 |
| Portfolio turnover (%) | 42 | 8 | 26 | 12 | 36 | 25 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 4 | Not annualized. |
| 5 | Annualized. Certain expenses are presented unannualized. |
| 6 | Annualized. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 14 |
| 15 | JOHN HANCOCK Fundamental All Cap Core Fund | |
| | JOHN HANCOCK Fundamental All Cap Core Fund | 16 |
| August 31, 2026 | August 31, 2025 | July 31, 2025 | |
| Ordinary income | $2,552,907 | — | $1,360,789 |
| Long-term capital gains | 53,596,186 | — | — |
| Total | $56,149,093 | $— | $1,360,789 |
| 17 | JOHN HANCOCK Fundamental All Cap Core Fund | |
| | JOHN HANCOCK Fundamental All Cap Core Fund | 18 |
| Class | Rule 12b-1 Fee | Service fee |
| Class A | 0.30% | — |
| Class C | 1.00% | — |
| Class R2 | 0.25% | 0.25% |
| Class R4 | 0.25% | 0.10% |
| 19 | JOHN HANCOCK Fundamental All Cap Core Fund | |
| Class | Distribution and service fees | Transfer agent fees |
| Class A | $481,919 | $175,951 |
| Class C | 283,532 | 31,062 |
| Class I | — | 266,110 |
| Class R2 | 833 | 8 |
| Class R4 | 120 | 2 |
| Class R6 | — | 4,518 |
| Total | $766,404 | $477,651 |
| Year Ended 8-31-26 | Period Ended 8-31-251 | Year Ended 7-31-25 | ||||
| Shares | Amount | Shares | Amount | Shares | Amount | |
| Class A shares | ||||||
| Sold | 455,146 | $16,430,496 | 57,465 | $2,163,638 | 1,473,073 | $52,923,486 |
| Distributions reinvested | 471,070 | 16,459,187 | — | — | 2,766 | 103,270 |
| Repurchased | (1,449,799) | (52,119,901) | (98,161) | (3,708,578) | (1,449,755) | (50,852,678) |
| Net increase (decrease) | (523,583) | $(19,230,218) | (40,696) | $(1,544,940) | 26,084 | $2,174,078 |
| Class C shares | ||||||
| Sold | 131,828 | $4,356,010 | 16,565 | $570,523 | 355,265 | $11,823,317 |
| Distributions reinvested | 98,340 | 3,135,092 | — | — | — | — |
| Repurchased | (274,054) | (8,900,042) | (32,377) | (1,104,383) | (118,836) | (3,919,844) |
| Net increase (decrease) | (43,886) | $(1,408,940) | (15,812) | $(533,860) | 236,429 | $7,903,473 |
| Class I shares | ||||||
| Sold | 1,701,540 | $63,048,921 | 153,347 | $5,981,886 | 3,304,909 | $121,159,539 |
| Distributions reinvested | 749,834 | 27,061,518 | — | — | 21,374 | 821,196 |
| Repurchased | (5,370,755) | (195,534,289) | (188,353) | (7,305,442) | (2,843,916) | (102,758,675) |
| Net increase (decrease) | (2,919,381) | $(105,423,850) | (35,006) | $(1,323,556) | 482,367 | $19,222,060 |
| | JOHN HANCOCK Fundamental All Cap Core Fund | 20 |
| Year Ended 8-31-26 | Period Ended 8-31-251 | Year Ended 7-31-25 | ||||
| Shares | Amount | Shares | Amount | Shares | Amount | |
| Class R2 shares | ||||||
| Sold | 810 | $30,660 | 29 | $1,108 | 338 | $12,102 |
| Distributions reinvested | 434 | 15,231 | — | — | — | — |
| Repurchased | (2,804) | (91,301) | (2) | (74) | (885) | (28,324) |
| Net increase (decrease) | (1,560) | $(45,410) | 27 | $1,034 | (547) | $(16,222) |
| Class R4 shares | ||||||
| Sold | 234 | $8,633 | 8 | $315 | 141 | $5,161 |
| Distributions reinvested | 89 | 3,196 | — | — | 2 | 67 |
| Repurchased | (4) | (148) | — | (9) | (2,642) | (105,160) |
| Net increase (decrease) | 319 | $11,681 | 8 | $306 | (2,499) | $(99,932) |
| Class R6 shares | ||||||
| Sold | 358,239 | $13,208,879 | 31,691 | $1,242,189 | 1,117,495 | $41,352,952 |
| Distributions reinvested | 259,418 | 9,429,827 | — | — | 11,220 | 433,759 |
| Repurchased | (1,279,656) | (47,853,657) | (78,346) | (3,066,099) | (1,156,238) | (43,018,633) |
| Net decrease | (661,999) | $(25,214,951) | (46,655) | $(1,823,910) | (27,523) | $(1,231,922) |
| Total net increase (decrease) | (4,150,090) | $(151,311,688) | (138,134) | $(5,224,926) | 714,311 | $27,951,535 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 21 | JOHN HANCOCK Fundamental All Cap Core Fund | |
| Dividends and distributions | |||||||||
| Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
| John Hancock Collateral Trust | 446,477 | $8,545,106 | $152,994,440 | $(157,073,585) | $(826) | $(408) | $144,197 | — | $4,464,727 |
| | JOHN HANCOCK Fundamental All Cap Core Fund | 22 |
| 23 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | |
| | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 24 |
| 25 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | |
| (a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
| (b) | the background, qualifications and skills of the Advisor’s personnel; |
| (c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
| (d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
| (e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; and |
| | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 26 |
| (f) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
| (a) | reviewed information prepared by management regarding the fund’s performance; |
| (b) | considered the comparative performance of an applicable benchmark index; |
| (c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
| (d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
| 27 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | |
| (a) | reviewed financial information of the Advisor; |
| (b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
| (c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
| (d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
| (e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
| (f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
| (g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
| (h) | noted that the fund’s Subadvisor is an affiliate of the Advisor; |
| (i) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
| (j) | noted that the subadvisory fee for the fund is paid by the Advisor; |
| (k) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
| (l) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
| | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 28 |
| (a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; |
| (b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
| (c) | also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale. |
| (1) | information relating to the Subadvisor’s business, including current subadvisory services to the fund (and other funds in the John Hancock Fund Complex); |
| (2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; and |
| (3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data. |
| 29 | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | |
| (1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
| (2) | the performance of the fund is being monitored and reasonably addressed, where appropriate; |
| (3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
| (4) | the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
| | JOHN HANCOCK FUNDAMENTAL ALL CAP CORE FUND | 30 |
| 31 | JOHN HANCOCK Fundamental All Cap Core Fund | |
| MF5889509 | 376A 8/26 |
| Shares | Value | ||||
| Common stocks 98.7% | $1,078,051,294 | ||||
| (Cost $901,369,909) | |||||
| Belgium 2.0% | 21,954,768 | ||||
| Anheuser-Busch InBev SA/NV | 277,438 | 21,954,768 | |||
| Canada 1.4% | 15,516,385 | ||||
| Agnico Eagle Mines, Ltd. | 76,394 | 15,516,385 | |||
| Denmark 1.2% | 13,350,151 | ||||
| DSV A/S | 63,534 | 13,350,151 | |||
| France 3.7% | 40,566,695 | ||||
| Air Liquide SA | 59,290 | 11,663,770 | |||
| Publicis Groupe SA | 107,139 | 12,568,036 | |||
| TotalEnergies SE | 185,384 | 16,334,889 | |||
| Germany 2.3% | 25,041,423 | ||||
| Deutsche Bank AG | 356,722 | 14,286,526 | |||
| Deutsche Telekom AG | 327,258 | 10,754,897 | |||
| Hong Kong 0.9% | 10,292,135 | ||||
| Prudential PLC | 756,716 | 10,292,135 | |||
| Ireland 7.9% | 85,681,420 | ||||
| Bank of Ireland Group PLC | 963,447 | 21,256,526 | |||
| CRH PLC | 231,694 | 21,846,427 | |||
| Medtronic PLC | 194,243 | 17,608,128 | |||
| Ryanair Holdings PLC, ADR | 250,157 | 13,851,193 | |||
| Smurfit WestRock PLC | 237,082 | 11,119,146 | |||
| Japan 7.8% | 85,386,173 | ||||
| Mitsubishi Estate Company, Ltd. | 476,900 | 11,225,954 | |||
| Seven & i Holdings Company, Ltd. | 815,300 | 10,320,050 | |||
| Sony Group Corp. | 909,000 | 22,462,260 | |||
| Sumitomo Mitsui Trust Group, Inc. | 2,083,600 | 23,066,016 | |||
| Suzuki Motor Corp. | 1,322,700 | 18,311,893 | |||
| Netherlands 6.2% | 67,221,526 | ||||
| Airbus SE | 54,133 | 12,354,462 | |||
| ASML Holding NV | 6,876 | 11,661,904 | |||
| Euronext NV (A) | 95,531 | 18,085,590 | |||
| ING Groep NV | 313,938 | 11,113,545 | |||
| NN Group NV | 154,920 | 14,006,025 | |||
| Switzerland 4.2% | 45,896,404 | ||||
| Chubb, Ltd. | 39,285 | 13,301,901 | |||
| Roche Holding AG | 48,366 | 21,083,749 | |||
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK GLOBAL EQUITY FUND | 2 |
| Shares | Value | ||||
| Switzerland (continued) | |||||
| SGS SA | 100,428 | $11,510,754 | |||
| Taiwan 2.1% | 23,221,911 | ||||
| Taiwan Semiconductor Manufacturing Company, Ltd. | 309,000 | 23,221,911 | |||
| United Kingdom 7.9% | 86,282,140 | ||||
| Anglo American PLC | 305,501 | 17,318,919 | |||
| AstraZeneca PLC | 96,752 | 15,598,099 | |||
| British American Tobacco PLC | 388,167 | 21,567,940 | |||
| Haleon PLC | 2,243,749 | 11,176,192 | |||
| National Grid PLC | 1,307,118 | 20,620,990 | |||
| United States 51.1% | 557,640,163 | ||||
| Allison Transmission Holdings, Inc. | 99,477 | 12,505,254 | |||
| Alphabet, Inc., Class A | 95,647 | 32,457,809 | |||
| Amazon.com, Inc. (B) | 63,515 | 16,499,292 | |||
| American Electric Power Company, Inc. | 171,501 | 20,996,867 | |||
| Analog Devices, Inc. | 56,983 | 20,635,824 | |||
| Arthur J. Gallagher & Company | 49,884 | 13,077,091 | |||
| AutoZone, Inc. (B) | 3,657 | 10,938,965 | |||
| Bank of America Corp. | 178,037 | 11,027,612 | |||
| Carrier Global Corp. | 252,201 | 14,683,142 | |||
| Cheniere Energy, Inc. | 42,781 | 12,478,790 | |||
| Chevron Corp. | 59,058 | 12,174,216 | |||
| Cisco Systems, Inc. | 156,764 | 17,320,854 | |||
| Citigroup, Inc. | 122,505 | 16,124,108 | |||
| Citizens Financial Group, Inc. | 237,015 | 16,323,223 | |||
| ConocoPhillips | 142,937 | 18,937,723 | |||
| Darden Restaurants, Inc. | 67,830 | 14,533,256 | |||
| DuPont de Nemours, Inc. | 82,324 | 11,079,987 | |||
| Emerson Electric Company | 70,426 | 10,735,739 | |||
| EQT Corp. | 294,757 | 15,969,934 | |||
| Intercontinental Exchange, Inc. | 85,105 | 13,676,374 | |||
| International Flavors & Fragrances, Inc. | 230,289 | 19,880,849 | |||
| Johnson & Johnson | 65,518 | 17,417,960 | |||
| L3Harris Technologies, Inc. | 45,013 | 11,984,711 | |||
| Lowe’s Companies, Inc. | 63,929 | 13,086,266 | |||
| McKesson Corp. | 25,915 | 22,943,068 | |||
| Meta Platforms, Inc., Class A | 27,064 | 15,489,810 | |||
| Micron Technology, Inc. | 11,782 | 11,295,757 | |||
| Microsoft Corp. | 130,938 | 66,423,538 | |||
| PepsiCo, Inc. | 119,406 | 16,757,438 | |||
| The Walt Disney Company | 168,881 | 18,163,152 | |||
| U.S. Foods Holding Corp. (B) | 152,195 | 15,956,124 | |||
| Wells Fargo & Company | 185,964 | 16,065,430 | |||
| 3 | JOHN HANCOCK GLOBAL EQUITY FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Yield (%) | Shares | Value | |||
| Short-term investments 1.1% | $11,509,688 | ||||
| (Cost $11,509,688) | |||||
| Short-term funds 1.1% | 11,509,688 | ||||
| JPMorgan U.S. Treasury Plus Money Market Fund, Institutional Class | 3.5314(C) | 11,509,688 | 11,509,688 | ||
| Total investments (Cost $912,879,597) 99.8% | $1,089,560,982 | ||||
| Other assets and liabilities, net 0.2% | 2,151,104 | ||||
| Total net assets 100.0% | $1,091,712,086 | ||||
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
| Security Abbreviations and Legend | |
| ADR | American Depositary Receipt |
| (A) | This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
| (B) | Non-income producing security. |
| (C) | The rate shown is the annualized seven-day yield as of 8-31-26. |
| Financials | 19.4% |
| Information technology | 13.8% |
| Industrials | 10.3% |
| Health care | 9.7% |
| Materials | 8.9% |
| Consumer discretionary | 8.8% |
| Communication services | 8.2% |
| Consumer staples | 7.9% |
| Energy | 6.9% |
| Utilities | 3.8% |
| Real estate | 1.0% |
| Short-term investments and other | 1.3% |
| TOTAL | 100.0% |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK GLOBAL EQUITY FUND | 4 |
| Assets | |
| Unaffiliated investments, at value (Cost $912,879,597) | $1,089,560,982 |
| Foreign currency, at value (Cost $1,222) | 1,230 |
| Dividends and interest receivable | 2,227,317 |
| Receivable for fund shares sold | 222,147 |
| Other assets | 80,381 |
| Total assets | 1,092,092,057 |
| Liabilities | |
| Payable for fund shares repurchased | 126,722 |
| Payable to affiliates | |
| Accounting and legal services fees | 50,298 |
| Transfer agent fees | 28,497 |
| Distribution and service fees | 12 |
| Trustees’ fees | 460 |
| Other liabilities and accrued expenses | 173,982 |
| Total liabilities | 379,971 |
| Net assets | $1,091,712,086 |
| Net assets consist of | |
| Paid-in capital | $1,000,641,985 |
| Total distributable earnings (loss) | 91,070,101 |
| Net assets | $1,091,712,086 |
| Net asset value per share | |
| Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
| Class A ($69,962,315 ÷ 5,020,983 shares)1 | $13.93 |
| Class C ($1,516,180 ÷ 109,775 shares)1 | $13.81 |
| Class I ($230,745,404 ÷ 16,516,917 shares) | $13.97 |
| Class R2 ($45,184 ÷ 3,231 shares) | $13.98 |
| Class R4 ($31,971 ÷ 2,290 shares) | $13.96 |
| Class R6 ($25,955,363 ÷ 1,860,163 shares) | $13.95 |
| Class NAV ($763,455,669 ÷ 54,690,267 shares) | $13.96 |
| Maximum offering price per share | |
| Class A (net asset value per share ÷ 95%)2 | $14.66 |
| 1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
| 2 | On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
| 5 | JOHN HANCOCK Global Equity Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| Investment income | |
| Dividends | $19,378,716 |
| Tax reclaims | 1,386,347 |
| Interest | 49,717 |
| Less foreign taxes withheld | (769,787) |
| Total investment income | 20,044,993 |
| Expenses | |
| Investment management fees | 7,462,061 |
| Distribution and service fees | 214,165 |
| Accounting and legal services fees | 163,568 |
| Transfer agent fees | 248,593 |
| Trustees’ fees | 20,189 |
| Custodian fees | 256,558 |
| State registration fees | 127,966 |
| Printing and postage | 44,565 |
| Professional fees | 124,262 |
| Other | 55,384 |
| Total expenses | 8,717,311 |
| Less expense reductions | (87,518) |
| Net expenses | 8,629,793 |
| Net investment income | 11,415,200 |
| Realized and unrealized gain (loss) | |
| Net realized gain (loss) on | |
| Unaffiliated investments and foreign currency transactions | 118,615,136 |
| 118,615,136 | |
| Change in net unrealized appreciation (depreciation) of | |
| Unaffiliated investments and translation of assets and liabilities in foreign currencies | 14,826,095 |
| 14,826,095 | |
| Net realized and unrealized gain | 133,441,231 |
| Increase in net assets from operations | $144,856,431 |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Global Equity Fund | 6 |
| Year ended 8-31-26 | Year ended 8-31-25 | |
| Increase (decrease) in net assets | ||
| From operations | ||
| Net investment income | $11,415,200 | $9,548,858 |
| Net realized gain | 118,615,136 | 53,525,796 |
| Change in net unrealized appreciation (depreciation) | 14,826,095 | 2,161,494 |
| Increase in net assets resulting from operations | 144,856,431 | 65,236,148 |
| Distributions to shareholders | ||
| From earnings | ||
| Class A | (4,916,898) | (6,661,380) |
| Class C | (102,723) | (222,505) |
| Class I | (15,188,520) | (3,158,051) |
| Class R2 | (2,984) | (37,020) |
| Class R4 | (2,085) | (2,579) |
| Class R6 | (2,189,326) | (3,531,380) |
| Class NAV | (48,455,833) | (55,649,448) |
| Total distributions | (70,858,369) | (69,262,363) |
| From fund share transactions | 284,046,635 | 138,827,396 |
| Total increase | 358,044,697 | 134,801,181 |
| Net assets | ||
| Beginning of year | 733,667,389 | 598,866,208 |
| End of year | $1,091,712,086 | $733,667,389 |
| 7 | JOHN HANCOCK Global Equity Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS A SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $13.12 | $13.74 | $11.63 | $10.89 | $15.43 |
| Net investment income1 | 0.10 | 0.13 | 0.11 | 0.10 | 0.12 |
| Net realized and unrealized gain (loss) on investments | 1.75 | 0.80 | 2.32 | 1.35 | (1.91) |
| Total from investment operations | 1.85 | 0.93 | 2.43 | 1.45 | (1.79) |
| Less distributions | |||||
| From net investment income | (0.12) | (0.12) | (0.13) | (0.06) | (0.20) |
| From net realized gain | (0.92) | (1.43) | (0.19) | (0.65) | (2.55) |
| Total distributions | (1.04) | (1.55) | (0.32) | (0.71) | (2.75) |
| Net asset value, end of period | $13.93 | $13.12 | $13.74 | $11.63 | $10.89 |
| Total return (%)2,3 | 14.87 | 8.15 | 21.27 | 14.22 | (14.08) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $70 | $64 | $61 | $52 | $48 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 1.29 | 1.30 | 1.31 | 1.31 | 1.29 |
| Expenses including reductions | 1.28 | 1.29 | 1.30 | 1.30 | 1.28 |
| Net investment income | 0.79 | 1.04 | 0.88 | 0.93 | 0.98 |
| Portfolio turnover (%) | 82 | 64 | 36 | 48 | 65 |
| 1 | Based on average daily shares outstanding. |
| 2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 3 | Does not reflect the effect of sales charges, if any. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Global Equity Fund | 8 |
| CLASS C SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $13.01 | $13.63 | $11.55 | $10.84 | $15.36 |
| Net investment income1 | 0.01 | 0.04 | 0.02 | 0.02 | 0.03 |
| Net realized and unrealized gain (loss) on investments | 1.74 | 0.80 | 2.30 | 1.34 | (1.90) |
| Total from investment operations | 1.75 | 0.84 | 2.32 | 1.36 | (1.87) |
| Less distributions | |||||
| From net investment income | (0.03) | (0.03) | (0.05) | — | (0.10) |
| From net realized gain | (0.92) | (1.43) | (0.19) | (0.65) | (2.55) |
| Total distributions | (0.95) | (1.46) | (0.24) | (0.65) | (2.65) |
| Net asset value, end of period | $13.81 | $13.01 | $13.63 | $11.55 | $10.84 |
| Total return (%)2,3 | 14.14 | 7.39 | 20.37 | 13.36 | (14.65) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $2 | $2 | $2 | $2 | $2 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 1.99 | 2.00 | 2.01 | 2.01 | 1.99 |
| Expenses including reductions | 1.98 | 1.99 | 2.00 | 2.00 | 1.98 |
| Net investment income | 0.08 | 0.29 | 0.19 | 0.21 | 0.27 |
| Portfolio turnover (%) | 82 | 64 | 36 | 48 | 65 |
| 1 | Based on average daily shares outstanding. |
| 2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 3 | Does not reflect the effect of sales charges, if any. |
| 9 | JOHN HANCOCK Global Equity Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS I SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $13.14 | $13.76 | $11.65 | $10.91 | $15.46 |
| Net investment income1 | 0.17 | 0.15 | 0.16 | 0.13 | 0.16 |
| Net realized and unrealized gain (loss) on investments | 1.74 | 0.82 | 2.30 | 1.36 | (1.92) |
| Total from investment operations | 1.91 | 0.97 | 2.46 | 1.49 | (1.76) |
| Less distributions | |||||
| From net investment income | (0.16) | (0.16) | (0.16) | (0.10) | (0.24) |
| From net realized gain | (0.92) | (1.43) | (0.19) | (0.65) | (2.55) |
| Total distributions | (1.08) | (1.59) | (0.35) | (0.75) | (2.79) |
| Net asset value, end of period | $13.97 | $13.14 | $13.76 | $11.65 | $10.91 |
| Total return (%)2 | 15.34 | 8.48 | 21.58 | 14.57 | (13.84) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $231 | $19 | $26 | $15 | $21 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 0.99 | 1.00 | 1.01 | 1.01 | 0.99 |
| Expenses including reductions | 0.98 | 0.99 | 1.00 | 1.00 | 0.98 |
| Net investment income | 1.26 | 1.19 | 1.25 | 1.20 | 1.31 |
| Portfolio turnover (%) | 82 | 64 | 36 | 48 | 65 |
| 1 | Based on average daily shares outstanding. |
| 2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Global Equity Fund | 10 |
| CLASS R2 SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $13.16 | $13.77 | $11.65 | $10.92 | $15.46 |
| Net investment income1 | 0.09 | 0.08 | 0.11 | 0.10 | 0.11 |
| Net realized and unrealized gain (loss) on investments | 1.76 | 0.85 | 2.32 | 1.33 | (1.91) |
| Total from investment operations | 1.85 | 0.93 | 2.43 | 1.43 | (1.80) |
| Less distributions | |||||
| From net investment income | (0.11) | (0.11) | (0.12) | (0.05) | (0.19) |
| From net realized gain | (0.92) | (1.43) | (0.19) | (0.65) | (2.55) |
| Total distributions | (1.03) | (1.54) | (0.31) | (0.70) | (2.74) |
| Net asset value, end of period | $13.98 | $13.16 | $13.77 | $11.65 | $10.92 |
| Total return (%)2 | 14.88 | 8.10 | 21.22 | 13.96 | (14.12) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $—3 | $—3 | $—3 | $—3 | $—3 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 1.39 | 1.39 | 1.40 | 1.40 | 1.38 |
| Expenses including reductions | 1.38 | 1.38 | 1.39 | 1.39 | 1.37 |
| Net investment income | 0.71 | 0.59 | 0.84 | 0.94 | 0.91 |
| Portfolio turnover (%) | 82 | 64 | 36 | 48 | 65 |
| 1 | Based on average daily shares outstanding. |
| 2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 3 | Less than $500,000. |
| 11 | JOHN HANCOCK Global Equity Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS R4 SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $13.14 | $13.76 | $11.65 | $10.91 | $15.46 |
| Net investment income1 | 0.13 | 0.13 | 0.14 | 0.13 | 0.15 |
| Net realized and unrealized gain (loss) on investments | 1.75 | 0.83 | 2.31 | 1.34 | (1.91) |
| Total from investment operations | 1.88 | 0.96 | 2.45 | 1.47 | (1.76) |
| Less distributions | |||||
| From net investment income | (0.14) | (0.15) | (0.15) | (0.08) | (0.24) |
| From net realized gain | (0.92) | (1.43) | (0.19) | (0.65) | (2.55) |
| Total distributions | (1.06) | (1.58) | (0.34) | (0.73) | (2.79) |
| Net asset value, end of period | $13.96 | $13.14 | $13.76 | $11.65 | $10.91 |
| Total return (%)2 | 15.11 | 8.32 | 21.56 | 14.45 | (13.88) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $—3 | $—3 | $—3 | $—3 | $—3 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 1.24 | 1.20 | 1.18 | 1.17 | 1.15 |
| Expenses including reductions | 1.13 | 1.09 | 1.07 | 1.07 | 1.04 |
| Net investment income | 0.95 | 0.98 | 1.11 | 1.16 | 1.19 |
| Portfolio turnover (%) | 82 | 64 | 36 | 48 | 65 |
| 1 | Based on average daily shares outstanding. |
| 2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 3 | Less than $500,000. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Global Equity Fund | 12 |
| CLASS R6 SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $13.13 | $13.75 | $11.64 | $10.91 | $15.46 |
| Net investment income1 | 0.15 | 0.19 | 0.16 | 0.13 | 0.16 |
| Net realized and unrealized gain (loss) on investments | 1.76 | 0.79 | 2.31 | 1.36 | (1.90) |
| Total from investment operations | 1.91 | 0.98 | 2.47 | 1.49 | (1.74) |
| Less distributions | |||||
| From net investment income | (0.17) | (0.17) | (0.17) | (0.11) | (0.26) |
| From net realized gain | (0.92) | (1.43) | (0.19) | (0.65) | (2.55) |
| Total distributions | (1.09) | (1.60) | (0.36) | (0.76) | (2.81) |
| Net asset value, end of period | $13.95 | $13.13 | $13.75 | $11.64 | $10.91 |
| Total return (%)2 | 15.40 | 8.61 | 21.72 | 14.60 | (13.73) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $26 | $33 | $30 | $20 | $87 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 0.89 | 0.89 | 0.90 | 0.90 | 0.88 |
| Expenses including reductions | 0.88 | 0.88 | 0.89 | 0.89 | 0.87 |
| Net investment income | 1.16 | 1.47 | 1.28 | 1.23 | 1.24 |
| Portfolio turnover (%) | 82 | 64 | 36 | 48 | 65 |
| 1 | Based on average daily shares outstanding. |
| 2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 13 | JOHN HANCOCK Global Equity Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS NAV SHARES Period ended | 8-31-26 | 8-31-25 | 8-31-24 | 8-31-23 | 8-31-22 |
| Per share operating performance | |||||
| Net asset value, beginning of period | $13.14 | $13.76 | $11.65 | $10.91 | $15.46 |
| Net investment income1 | 0.17 | 0.19 | 0.16 | 0.15 | 0.18 |
| Net realized and unrealized gain (loss) on investments | 1.74 | 0.80 | 2.31 | 1.35 | (1.92) |
| Total from investment operations | 1.91 | 0.99 | 2.47 | 1.50 | (1.74) |
| Less distributions | |||||
| From net investment income | (0.17) | (0.18) | (0.17) | (0.11) | (0.26) |
| From net realized gain | (0.92) | (1.43) | (0.19) | (0.65) | (2.55) |
| Total distributions | (1.09) | (1.61) | (0.36) | (0.76) | (2.81) |
| Net asset value, end of period | $13.96 | $13.14 | $13.76 | $11.65 | $10.91 |
| Total return (%)2 | 15.39 | 8.61 | 21.71 | 14.71 | (13.72) |
| Ratios and supplemental data | |||||
| Net assets, end of period (in millions) | $763 | $616 | $480 | $498 | $566 |
| Ratios (as a percentage of average net assets): | |||||
| Expenses before reductions | 0.88 | 0.89 | 0.89 | 0.89 | 0.87 |
| Expenses including reductions | 0.87 | 0.88 | 0.89 | 0.88 | 0.86 |
| Net investment income | 1.26 | 1.51 | 1.27 | 1.34 | 1.39 |
| Portfolio turnover (%) | 82 | 64 | 36 | 48 | 65 |
| 1 | Based on average daily shares outstanding. |
| 2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Global Equity Fund | 14 |
| 15 | JOHN HANCOCK Global Equity Fund | |
| Total value at 8-31-26 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
| Investments in securities: | ||||
| Assets | ||||
| Common stocks | ||||
| Belgium | $21,954,768 | — | $21,954,768 | — |
| Canada | 15,516,385 | $15,516,385 | — | — |
| Denmark | 13,350,151 | — | 13,350,151 | — |
| France | 40,566,695 | — | 40,566,695 | — |
| Germany | 25,041,423 | — | 25,041,423 | — |
| Hong Kong | 10,292,135 | — | 10,292,135 | — |
| Ireland | 85,681,420 | 64,424,894 | 21,256,526 | — |
| Japan | 85,386,173 | — | 85,386,173 | — |
| Netherlands | 67,221,526 | — | 67,221,526 | — |
| Switzerland | 45,896,404 | 13,301,901 | 32,594,503 | — |
| Taiwan | 23,221,911 | — | 23,221,911 | — |
| United Kingdom | 86,282,140 | — | 86,282,140 | — |
| United States | 557,640,163 | 557,640,163 | — | — |
| Short-term investments | 11,509,688 | 11,509,688 | — | — |
| Total investments in securities | $1,089,560,982 | $662,393,031 | $427,167,951 | — |
| | JOHN HANCOCK Global Equity Fund | 16 |
| 17 | JOHN HANCOCK Global Equity Fund | |
| August 31, 2026 | August 31, 2025 | |
| Ordinary income | $11,932,364 | $7,308,893 |
| Long-term capital gains | 58,926,005 | 61,953,470 |
| Total | $70,858,369 | $69,262,363 |
| | JOHN HANCOCK Global Equity Fund | 18 |
| 19 | JOHN HANCOCK Global Equity Fund | |
| Class | Rule 12b-1 Fee | Service fee |
| Class A | 0.30% | — |
| Class C | 1.00% | — |
| Class R2 | 0.25% | 0.25% |
| Class R4 | 0.25% | 0.10% |
| | JOHN HANCOCK Global Equity Fund | 20 |
| Class | Distribution and service fees | Transfer agent fees |
| Class A | $198,501 | $72,504 |
| Class C | 15,362 | 1,683 |
| Class I | — | 173,006 |
| Class R2 | 203 | 2 |
| Class R4 | 99 | 1 |
| Class R6 | — | 1,397 |
| Total | $214,165 | $248,593 |
| Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
| Borrower | $12,233,333 | 3 | 4.136% | $(4,216) |
| Year Ended 8-31-26 | Year Ended 8-31-25 | |||
| Shares | Amount | Shares | Amount | |
| Class A shares | ||||
| Sold | 713,381 | $9,475,232 | 721,563 | $8,962,408 |
| Distributions reinvested | 376,052 | 4,764,581 | 549,644 | 6,447,322 |
| Repurchased | (942,405) | (12,528,788) | (826,877) | (10,441,773) |
| Net increase | 147,028 | $1,711,025 | 444,330 | $4,967,957 |
| Class C shares | ||||
| Sold | 10,703 | $139,635 | 10,732 | $138,025 |
| Distributions reinvested | 8,140 | 102,723 | 19,017 | 222,505 |
| Repurchased | (40,213) | (534,396) | (47,790) | (583,457) |
| Net decrease | (21,370) | $(292,038) | (18,041) | $(222,927) |
| 21 | JOHN HANCOCK Global Equity Fund | |
| Year Ended 8-31-26 | Year Ended 8-31-25 | |||
| Shares | Amount | Shares | Amount | |
| Class I shares | ||||
| Sold | 16,567,134 | $223,506,175 | 366,268 | $4,764,522 |
| Distributions reinvested | 1,197,601 | 15,185,584 | 268,892 | 3,154,103 |
| Repurchased | (2,661,704) | (35,602,810) | (1,088,867) | (13,198,260) |
| Net increase (decrease) | 15,103,031 | $203,088,949 | (453,707) | $(5,279,635) |
| Class R2 shares | ||||
| Sold | 330 | $4,481 | 7,582 | $102,625 |
| Distributions reinvested | 234 | 2,984 | 3,145 | 37,020 |
| Repurchased | (170) | (2,250) | (24,988) | (301,190) |
| Net increase (decrease) | 394 | $5,215 | (14,261) | $(161,545) |
| Class R4 shares | ||||
| Sold | 195 | $2,625 | 200 | $2,584 |
| Distributions reinvested | 165 | 2,085 | 220 | 2,579 |
| Repurchased | (27) | (360) | (3,967) | (54,753) |
| Net increase (decrease) | 333 | $4,350 | (3,547) | $(49,590) |
| Class R6 shares | ||||
| Sold | 393,934 | $5,309,586 | 588,037 | $7,239,209 |
| Distributions reinvested | 173,069 | 2,189,326 | 301,570 | 3,531,380 |
| Repurchased | (1,247,170) | (16,795,445) | (526,475) | (6,540,635) |
| Net increase (decrease) | (680,167) | $(9,296,533) | 363,132 | $4,229,954 |
| Class NAV shares | ||||
| Sold | 20,386,690 | $260,611,943 | 12,973,558 | $152,941,231 |
| Distributions reinvested | 3,827,475 | 48,455,833 | 4,748,246 | 55,649,448 |
| Repurchased | (16,411,335) | (220,242,109) | (5,721,143) | (73,247,497) |
| Net increase | 7,802,830 | $88,825,667 | 12,000,661 | $135,343,182 |
| Total net increase | 22,352,079 | $284,046,635 | 12,318,567 | $138,827,396 |
| | JOHN HANCOCK Global Equity Fund | 22 |
| Fund | Affiliated Concentration |
| John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 18.1% |
| John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 14.0% |
| John Hancock Variable Insurance Trust Lifestyle Growth Portfolio | 8.5% |
| John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio | 8.2% |
| John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio | 6.2% |
| 23 | JOHN HANCOCK Global Equity Fund | |
| | JOHN HANCOCK GLOBAL EQUITY FUND | 24 |
| 25 | JOHN HANCOCK GLOBAL EQUITY FUND | |
| | JOHN HANCOCK GLOBAL EQUITY FUND | 26 |
| (a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
| (b) | the background, qualifications and skills of the Advisor’s personnel; |
| (c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
| (d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
| (e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; and |
| 27 | JOHN HANCOCK GLOBAL EQUITY FUND | |
| (f) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
| (a) | reviewed information prepared by management regarding the fund’s performance; |
| (b) | considered the comparative performance of an applicable benchmark index; |
| (c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
| (d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
| | JOHN HANCOCK GLOBAL EQUITY FUND | 28 |
| (a) | reviewed financial information of the Advisor; |
| (b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
| (c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
| (d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
| (e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
| (f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
| (g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
| (h) | noted that the fund’s Subadvisor is an affiliate of the Advisor; |
| (i) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
| (j) | noted that the subadvisory fee for the fund is paid by the Advisor; |
| (k) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
| (l) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
| (a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or |
| 29 | JOHN HANCOCK GLOBAL EQUITY FUND | |
| otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; | |
| (b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
| (c) | also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale. |
| (1) | information relating to the Subadvisor’s business, including current subadvisory services to the fund (and other funds in the John Hancock Fund Complex); |
| (2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; and |
| (3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data. |
| | JOHN HANCOCK GLOBAL EQUITY FUND | 30 |
| (1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
| (2) | the performance of the fund is being monitored and reasonably addressed, where appropriate; |
| (3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
| (4) | the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
| 31 | JOHN HANCOCK GLOBAL EQUITY FUND | |
| | JOHN HANCOCK Global Equity Fund | 32 |
| MF5889487 | 425A 8/26 |
| 1 | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | |
| Shares | Value | ||||
| Common stocks 61.2% | $150,806,074 | ||||
| (Cost $114,723,413) | |||||
| Belgium 0.4% | 1,069,884 | ||||
| UCB SA | 4,274 | 1,069,884 | |||
| Brazil 0.3% | 684,572 | ||||
| Ambev SA | 35,500 | 102,974 | |||
| Cia de Saneamento Basico do Estado de Sao Paulo | 44,528 | 217,245 | |||
| Cia de Saneamento Basico do Estado de Sao Paulo, ADR | 10,020 | 48,697 | |||
| Hypera SA | 19,600 | 82,084 | |||
| Lojas Renner SA | 77,900 | 163,872 | |||
| M Dias Branco SA | 20,900 | 69,700 | |||
| Canada 0.3% | 712,242 | ||||
| Quebecor, Inc., Class B | 9,500 | 420,798 | |||
| Rogers Communications, Inc., Class B | 7,900 | 291,444 | |||
| China 1.6% | 3,819,664 | ||||
| Alibaba Group Holding, Ltd., ADR | 3,456 | 394,053 | |||
| Baidu, Inc., ADR (A) | 1,112 | 105,951 | |||
| BYD Company, Ltd., H Shares | 7,900 | 87,199 | |||
| China Construction Bank Corp., H Shares | 232,000 | 280,449 | |||
| China Resources Sanjiu Medical & Pharmaceutical Company, Ltd., Class A | 26,400 | 96,259 | |||
| Contemporary Amperex Technology Company, Ltd., Class A | 9,700 | 524,175 | |||
| Fuyao Glass Industry Group Company, Ltd., H Shares (B) | 14,000 | 97,896 | |||
| Grandblue Environment Company, Ltd., Class A | 84,298 | 381,711 | |||
| Inner Mongolia Yili Industrial Group Company, Ltd., Class A | 164,400 | 648,079 | |||
| Midea Group Company, Ltd., Class A | 7,200 | 94,022 | |||
| NetEase, Inc., ADR | 1,037 | 126,286 | |||
| PICC Property & Casualty Company, Ltd., H Shares | 46,000 | 99,633 | |||
| Ping An Insurance Group Company of China, Ltd., H Shares | 25,000 | 179,314 | |||
| Shandong Weigao Group Medical Polymer Company, Ltd., H Shares | 34,800 | 14,254 | |||
| Sinopharm Group Company, Ltd., H Shares | 27,200 | 53,596 | |||
| Tencent Holdings, Ltd. | 5,500 | 315,893 | |||
| Tianhe Chemicals Group, Ltd. (A)(B)(C) | 4,848,409 | 0 | |||
| Uni-President China Holdings, Ltd. | 24,000 | 22,721 | |||
| Yum China Holdings, Inc. | 6,684 | 298,173 | |||
| Denmark 0.3% | 711,067 | ||||
| Novo Nordisk A/S, Class B | 15,701 | 711,067 | |||
| France 3.0% | 7,339,403 | ||||
| Capgemini SE | 13,812 | 1,718,092 | |||
| Sanofi SA | 27,155 | 2,414,319 | |||
| Veolia Environnement SA | 14,937 | 564,640 | |||
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 2 |
| Shares | Value | ||||
| France (continued) | |||||
| Vinci SA | 20,154 | $2,642,352 | |||
| Germany 1.2% | 3,055,894 | ||||
| Deutsche Telekom AG | 92,987 | 3,055,894 | |||
| Greece 0.1% | 178,595 | ||||
| JUMBO SA | 5,926 | 178,595 | |||
| Hong Kong 0.1% | 294,124 | ||||
| China Metal Recycling Holdings, Ltd. (A)(C) | 1,799,400 | 0 | |||
| Geely Automobile Holdings, Ltd. | 131,000 | 293,341 | |||
| Want Want China Holdings, Ltd. | 2,000 | 783 | |||
| Hungary 0.0% | 34,099 | ||||
| Richter Gedeon NYRT | 818 | 34,099 | |||
| India 0.0% | 30,630 | ||||
| HDFC Bank, Ltd. | 4,123 | 30,630 | |||
| Indonesia 0.1% | 215,861 | ||||
| Bank Central Asia Tbk PT | 272,100 | 99,329 | |||
| Kalbe Farma Tbk PT | 155,000 | 6,859 | |||
| Telkom Indonesia Persero Tbk PT | 749,500 | 109,673 | |||
| Ireland 0.6% | 1,347,875 | ||||
| Medtronic PLC | 14,869 | 1,347,875 | |||
| Japan 4.4% | 10,932,047 | ||||
| Advantest Corp. | 12,400 | 2,595,163 | |||
| Asics Corp. | 74,400 | 2,086,394 | |||
| Daifuku Company, Ltd. | 10,100 | 364,126 | |||
| FUJIFILM Holdings Corp. | 16,800 | 354,411 | |||
| Fujikura, Ltd. | 47,000 | 1,602,486 | |||
| KDDI Corp. | 58,300 | 1,076,963 | |||
| Murata Manufacturing Company, Ltd. | 7,900 | 351,077 | |||
| Nissan Chemical Corp. | 5,300 | 271,568 | |||
| NTT, Inc. | 737,800 | 795,530 | |||
| Ryohin Keikaku Company, Ltd. | 39,900 | 1,081,326 | |||
| Terumo Corp. | 22,400 | 353,003 | |||
| Mexico 0.4% | 976,133 | ||||
| Arca Continental SAB de CV | 12,400 | 142,258 | |||
| Coca-Cola Femsa SAB de CV | 16,845 | 187,286 | |||
| Grupo Financiero Banorte SAB de CV, Series O | 28,200 | 319,739 | |||
| Kimberly-Clark de Mexico SAB de CV, Class A | 139,300 | 326,850 | |||
| Netherlands 1.5% | 3,703,836 | ||||
| ASML Holding NV | 1,286 | 2,181,095 | |||
| Heineken NV | 7,109 | 600,190 | |||
| 3 | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Shares | Value | ||||
| Netherlands (continued) | |||||
| Koninklijke Ahold Delhaize NV | 18,874 | $671,578 | |||
| Prosus NV (A) | 5,634 | 250,973 | |||
| Norway 0.5% | 1,215,701 | ||||
| Kongsberg Gruppen ASA | 35,866 | 1,215,701 | |||
| Philippines 0.0% | 56,642 | ||||
| PLDT, Inc. | 640 | 11,587 | |||
| SM Investments Corp. | 5,060 | 45,055 | |||
| South Africa 0.2% | 590,928 | ||||
| AVI, Ltd. | 11,060 | 58,584 | |||
| Naspers, Ltd., N Shares | 4,786 | 234,385 | |||
| Shoprite Holdings, Ltd. | 7,709 | 147,323 | |||
| Standard Bank Group, Ltd. | 7,646 | 150,636 | |||
| South Korea 1.6% | 3,889,422 | ||||
| Cheil Worldwide, Inc. | 7,158 | 100,339 | |||
| Coway Company, Ltd. | 4,655 | 329,348 | |||
| DB Insurance Company, Ltd. | 1,454 | 191,844 | |||
| Hyundai Glovis Company, Ltd. | 2,396 | 361,680 | |||
| Hyundai Mobis Company, Ltd. | 192 | 63,374 | |||
| NAVER Corp. | 525 | 82,985 | |||
| NongShim Company, Ltd. | 565 | 182,939 | |||
| Samsung Electronics Company, Ltd. | 10,108 | 1,908,217 | |||
| Samsung Fire & Marine Insurance Company, Ltd. | 641 | 310,267 | |||
| Samsung SDS Company, Ltd. | 218 | 38,076 | |||
| Shinhan Financial Group Company, Ltd. | 1,145 | 91,164 | |||
| SK Hynix, Inc. | 135 | 163,389 | |||
| SK Telecom Company, Ltd. | 961 | 65,800 | |||
| Spain 0.3% | 685,671 | ||||
| Iberdrola SA | 29,451 | 685,671 | |||
| Switzerland 1.2% | 3,062,882 | ||||
| Chubb, Ltd. | 2,406 | 814,672 | |||
| Novartis AG | 14,781 | 2,248,210 | |||
| Taiwan 1.3% | 3,080,206 | ||||
| Hon Hai Precision Industry Company, Ltd. | 38,000 | 299,318 | |||
| Quanta Computer, Inc. | 14,000 | 149,428 | |||
| Taiwan Semiconductor Manufacturing Company, Ltd. | 20,000 | 1,503,036 | |||
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 2,717 | 1,128,424 | |||
| Thailand 0.1% | 276,522 | ||||
| Advanced Info Service PCL | 3,900 | 41,711 | |||
| Bangkok Bank PCL | 8,900 | 51,236 | |||
| Thai Beverage PCL | 223,400 | 81,672 | |||
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 4 |
| Shares | Value | ||||
| Thailand (continued) | |||||
| Thai Union Group PCL | 268,500 | $101,903 | |||
| United Arab Emirates 0.0% | 81,395 | ||||
| Emirates Telecommunications Group Company PJSC | 14,032 | 81,395 | |||
| United Kingdom 2.7% | 6,765,040 | ||||
| Aon PLC, Class A | 480 | 154,330 | |||
| Diageo PLC | 60,995 | 1,402,261 | |||
| National Grid PLC | 83,387 | 1,315,507 | |||
| Reckitt Benckiser Group PLC | 16,709 | 1,153,942 | |||
| Smith & Nephew PLC | 18,793 | 268,773 | |||
| St. James’s Place PLC | 56,699 | 894,383 | |||
| Unilever PLC | 11,227 | 729,690 | |||
| Wise Group PLC, Class A (A) | 64,841 | 846,154 | |||
| United States 39.0% | 95,995,739 | ||||
| Advanced Micro Devices, Inc. (A) | 6,105 | 2,873,746 | |||
| Akamai Technologies, Inc. (A) | 4,028 | 437,521 | |||
| Alphabet, Inc., Class A | 7,915 | 2,685,955 | |||
| Amazon.com, Inc. (A) | 3,440 | 893,609 | |||
| Amdocs, Ltd. | 4,575 | 288,500 | |||
| Amphenol Corp., Class A | 13,490 | 2,138,840 | |||
| Appfolio, Inc., Class A (A) | 1,059 | 248,028 | |||
| Arista Networks, Inc. (A) | 15,800 | 3,091,902 | |||
| Assurant, Inc. | 6,157 | 1,735,412 | |||
| Broadcom, Inc. | 6,704 | 2,482,759 | |||
| Cardinal Health, Inc. | 1,552 | 364,130 | |||
| Cboe Global Markets, Inc. | 967 | 290,293 | |||
| Church & Dwight Company, Inc. | 17,178 | 1,714,021 | |||
| Cisco Systems, Inc. | 9,921 | 1,096,171 | |||
| Colgate-Palmolive Company | 22,040 | 1,979,633 | |||
| Comfort Systems USA, Inc. | 1,125 | 1,738,823 | |||
| Crown Holdings, Inc. | 21,423 | 2,493,423 | |||
| CVS Health Corp. | 15,263 | 1,433,348 | |||
| EMCOR Group, Inc. | 2,092 | 1,536,658 | |||
| Essential Utilities, Inc. | 9,056 | 372,836 | |||
| Federal Signal Corp. | 2,167 | 253,539 | |||
| Fortinet, Inc. (A) | 21,614 | 3,694,481 | |||
| General Electric Company | 3,037 | 1,019,551 | |||
| Global Payments, Inc. | 14,614 | 1,330,605 | |||
| Globe Life, Inc. | 3,747 | 646,994 | |||
| Howmet Aerospace, Inc. | 8,388 | 2,054,641 | |||
| Intercontinental Exchange, Inc. | 10,627 | 1,707,759 | |||
| Intuitive Surgical, Inc. (A) | 431 | 162,427 | |||
| Johnson & Johnson | 7,845 | 2,085,593 | |||
| Keysight Technologies, Inc. (A) | 3,904 | 1,259,821 | |||
| 5 | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Shares | Value | ||||
| United States (continued) | |||||
| Labcorp Holdings, Inc. | 7,019 | $2,334,941 | |||
| Lam Research Corp. | 7,864 | 2,370,917 | |||
| Marsh & McLennan Companies, Inc. | 5,784 | 1,097,803 | |||
| McDonald’s Corp. | 8,905 | 2,346,824 | |||
| McKesson Corp. | 2,105 | 1,863,599 | |||
| Meta Platforms, Inc., Class A | 3,165 | 1,811,456 | |||
| Microsoft Corp. | 12,978 | 6,583,610 | |||
| Monolithic Power Systems, Inc. | 322 | 408,222 | |||
| Morningstar, Inc. | 3,016 | 660,323 | |||
| Neurocrine Biosciences, Inc. (A) | 11,709 | 1,803,537 | |||
| PepsiCo, Inc. | 22,774 | 3,196,103 | |||
| Pfizer, Inc. | 9,651 | 274,667 | |||
| Reinsurance Group of America, Inc. | 5,533 | 1,361,339 | |||
| Service Corp. International | 11,592 | 946,371 | |||
| Sysco Corp. | 18,265 | 1,480,926 | |||
| TD SYNNEX Corp. | 2,710 | 685,224 | |||
| Teradyne, Inc. | 5,953 | 2,082,538 | |||
| The Cigna Group | 8,127 | 2,243,702 | |||
| The Coca-Cola Company | 60,465 | 5,361,432 | |||
| The Kroger Company | 33,435 | 1,923,850 | |||
| The Procter & Gamble Company | 13,151 | 1,908,473 | |||
| The Travelers Companies, Inc. | 1,489 | 544,870 | |||
| Toast, Inc., Class A (A) | 84,599 | 2,883,980 | |||
| Universal Health Services, Inc., Class B | 1,725 | 293,819 | |||
| Verizon Communications, Inc. | 15,127 | 756,653 | |||
| Vertiv Holdings Company, Class A | 6,135 | 1,587,247 | |||
| Waters Corp. (A) | 1,610 | 667,554 | |||
| Xcel Energy, Inc. | 6,514 | 493,045 | |||
| Zoetis, Inc. | 24,795 | 1,911,695 | |||
| Rate (%) | Maturity date | Par value^ | Value | ||
| U.S. Government and Agency obligations 31.1% | $76,483,896 | ||||
| (Cost $78,412,570) | |||||
| U.S. Government 31.1% | 76,483,896 | ||||
| U.S. Treasury | |||||
| Bond | 4.500 | 02-15-36 | 13,677,900 | 13,530,430 | |
| Note | 2.875 | 05-15-32 | 3,318,700 | 3,040,889 | |
| Note | 3.375 | 05-15-33 | 5,110,200 | 4,750,091 | |
| Note | 3.875 | 08-15-34 | 7,427,800 | 7,036,680 | |
| Note | 4.000 | 02-15-34 | 6,873,400 | 6,596,316 | |
| Note | 4.000 | 11-15-35 | 4,690,000 | 4,437,546 | |
| Note | 4.125 | 02-15-36 | 9,476,900 | 9,040,074 | |
| Note | 4.250 | 11-15-34 | 6,179,300 | 5,997,783 | |
| Note | 4.375 | 05-15-34 | 1,321,000 | 1,297,263 | |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 6 |
| Rate (%) | Maturity date | Par value^ | Value | ||
| U.S. Government (continued) | |||||
| Note | 4.375 | 05-15-36 | 7,850,100 | $7,626,863 | |
| Note | 4.500 | 11-15-33 | 9,651,600 | 9,575,820 | |
| Note | 4.625 | 02-15-35 | 3,571,300 | 3,554,141 | |
| Total investments (Cost $193,135,983) 92.3% | $227,289,970 | ||||
| Other assets and liabilities, net 7.7% | 19,016,685 | ||||
| Total net assets 100.0% | $246,306,655 | ||||
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | |
| Security Abbreviations and Legend | |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
| (C) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements. |
| Common stocks | 61.2% |
| Information technology | 17.3% |
| Consumer staples | 10.0% |
| Health care | 9.6% |
| Financials | 6.7% |
| Industrials | 6.3% |
| Communication services | 4.8% |
| Consumer discretionary | 4.0% |
| Utilities | 1.4% |
| Materials | 1.1% |
| U.S. Government | 31.1% |
| Other assets and liabilities, net | 7.7% |
| TOTAL | 100.0% |
| 7 | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
| 5-Year U.S. Treasury Note Futures | 125 | Long | Jan 2027 | $13,258,538 | $13,212,891 | $(45,647) |
| Amsterdam Exchange Index Futures | 19 | Long | Sep 2026 | 4,910,973 | 4,885,992 | (24,981) |
| Australian 10-Year Bond Futures | 114 | Long | Sep 2026 | 8,832,066 | 8,742,921 | (89,145) |
| Dow Jones Industrial Average E-Mini Index Futures | 21 | Long | Sep 2026 | 5,607,679 | 5,590,200 | (17,479) |
| Euro STOXX 50 Index Futures | 34 | Long | Sep 2026 | 2,512,775 | 2,542,141 | 29,366 |
| Euro-Bund Futures | 424 | Long | Sep 2026 | 62,238,452 | 60,726,977 | (1,511,475) |
| FTSE 100 Index Futures | 23 | Long | Sep 2026 | 3,304,131 | 3,377,027 | 72,896 |
| IBEX 35 Index Futures | 17 | Long | Sep 2026 | 3,983,178 | 3,953,707 | (29,471) |
| Long Gilt Futures | 81 | Long | Dec 2026 | 9,472,104 | 9,454,262 | (17,842) |
| Nasdaq 100 E-Mini Index Futures | 4 | Long | Sep 2026 | 2,386,124 | 2,361,040 | (25,084) |
| Nikkei 225 Mini Index Futures | 97 | Long | Sep 2026 | 4,099,023 | 4,034,836 | (64,187) |
| OMXS 30 Index Futures | 39 | Long | Sep 2026 | 1,334,499 | 1,349,861 | 15,362 |
| 10-Year U.S. Treasury Note Futures | 342 | Short | Dec 2026 | (36,999,596) | (36,818,438) | 181,158 |
| ASX SPI 200 Index Futures | 35 | Short | Sep 2026 | (5,580,956) | (5,658,268) | (77,312) |
| CAC40 Index Futures | 29 | Short | Sep 2026 | (2,912,790) | (2,811,847) | 100,943 |
| DAX Index Futures | 5 | Short | Sep 2026 | (3,695,060) | (3,822,364) | (127,304) |
| FTSE/MIB Index Futures | 8 | Short | Sep 2026 | (2,493,858) | (2,448,125) | 45,733 |
| Hang Seng China Enterprises Index Futures | 124 | Short | Sep 2026 | (6,673,654) | (6,708,240) | (34,586) |
| Hang Seng Index Futures | 22 | Short | Sep 2026 | (3,570,942) | (3,571,918) | (976) |
| Mini MSCI Emerging Markets Index Futures | 53 | Short | Sep 2026 | (4,693,649) | (4,534,415) | 159,234 |
| Russell 2000 E-Mini Index Futures | 29 | Short | Sep 2026 | (4,361,574) | (4,290,115) | 71,459 |
| S&P 500 E-Mini Index Futures | 2 | Short | Sep 2026 | (773,458) | (769,900) | 3,558 |
| S&P MidCap 400 E-Mini Index Futures | 10 | Short | Sep 2026 | (3,788,421) | (3,767,100) | 21,321 |
| S&P/TSX 60 Index Futures | 1 | Short | Sep 2026 | (309,353) | (307,183) | 2,170 |
| Swiss Market Index Futures | 10 | Short | Sep 2026 | (1,776,761) | (1,764,335) | 12,426 |
| $(1,349,863) |
| Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
| AUD | 39,351 | USD | 27,820 | BNP | 11/12/2026 | $345 | — |
| AUD | 49,267 | USD | 35,336 | BOA | 11/12/2026 | — | $(73) |
| AUD | 88,080 | USD | 62,225 | GSI | 11/12/2026 | 817 | — |
| AUD | 131,153 | USD | 93,786 | JPM | 11/12/2026 | 85 | — |
| CAD | 81,236 | USD | 58,909 | BARC | 11/12/2026 | — | (98) |
| CHF | 63,221 | USD | 78,742 | BARC | 11/12/2026 | 101 | — |
| CHF | 49,369 | USD | 61,907 | GSI | 11/12/2026 | — | (339) |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 8 |
| Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
| DKK | 530,153 | USD | 82,433 | BOA | 11/12/2026 | $243 | — |
| DKK | 96,561 | USD | 15,103 | GSI | 11/12/2026 | — | $(45) |
| EUR | 317,740 | USD | 369,019 | BARC | 11/12/2026 | 1,083 | — |
| EUR | 356,618 | USD | 414,604 | BOA | 11/12/2026 | 781 | — |
| EUR | 8,122,438 | USD | 9,424,404 | GSI | 11/12/2026 | 36,568 | — |
| EUR | 1,405,792 | USD | 1,642,226 | JPM | 11/12/2026 | — | (4,767) |
| GBP | 385,551 | USD | 523,255 | BARC | 11/12/2026 | — | (773) |
| GBP | 103,806 | USD | 140,794 | BNP | 11/12/2026 | — | (121) |
| HKD | 623,300 | USD | 79,697 | BARC | 11/12/2026 | 2 | — |
| HKD | 912,716 | USD | 116,681 | BOA | 11/12/2026 | 24 | — |
| HKD | 5,968,219 | USD | 763,145 | GSI | 11/12/2026 | — | (18) |
| JPY | 26,205,200 | USD | 165,609 | BARC | 11/12/2026 | — | (642) |
| JPY | 50,615,340 | USD | 320,239 | BNP | 11/12/2026 | — | (1,605) |
| JPY | 65,179,525 | USD | 410,826 | GSI | 11/12/2026 | — | (508) |
| JPY | 10,087,380 | USD | 63,907 | JPM | 11/12/2026 | — | (405) |
| JPY | 22,753,422 | USD | 143,793 | BARC | 11/13/2026 | — | (544) |
| JPY | 32,249,166 | USD | 203,919 | BNP | 11/13/2026 | — | (888) |
| JPY | 5,333,119 | USD | 33,762 | JPM | 11/13/2026 | — | (186) |
| NOK | 1,697,282 | USD | 180,951 | BARC | 11/12/2026 | 516 | — |
| SEK | 1,496,435 | USD | 155,498 | BARC | 10/5/2026 | 1,033 | — |
| SEK | 965,085 | USD | 100,829 | BOA | 10/5/2026 | 123 | — |
| SEK | 187,692 | USD | 19,754 | GSI | 10/5/2026 | — | (120) |
| SEK | 1,955,465 | USD | 206,827 | JPM | 10/5/2026 | — | (2,278) |
| USD | 147,273 | AUD | 206,603 | BARC | 11/12/2026 | — | (601) |
| USD | 36,165 | AUD | 51,310 | BOA | 11/12/2026 | — | (560) |
| USD | 539,833 | AUD | 765,119 | GSI | 11/12/2026 | — | (7,793) |
| USD | 50,619 | AUD | 71,156 | JPM | 11/12/2026 | — | (310) |
| USD | 805,509 | CAD | 1,117,694 | BARC | 11/12/2026 | — | (3,642) |
| USD | 2,346,052 | CHF | 1,876,969 | BARC | 11/12/2026 | 5,267 | — |
| USD | 51,544 | CHF | 41,091 | BNP | 11/12/2026 | 299 | — |
| USD | 61,745 | CHF | 49,031 | BOA | 11/12/2026 | 598 | — |
| USD | 17,715 | DKK | 113,047 | BOA | 11/12/2026 | 85 | — |
| USD | 785,412 | DKK | 5,054,507 | GSI | 11/12/2026 | — | (2,824) |
| USD | 17,388 | DKK | 110,692 | JPM | 11/12/2026 | 126 | — |
| USD | 78,452 | EUR | 67,574 | BARC | 11/12/2026 | — | (257) |
| USD | 392,622 | EUR | 336,812 | BOA | 11/12/2026 | 305 | — |
| USD | 34,674,077 | EUR | 29,884,230 | GSI | 11/12/2026 | — | (134,916) |
| USD | 841,054 | EUR | 719,864 | JPM | 11/12/2026 | 2,561 | — |
| USD | 7,007,562 | GBP | 5,187,336 | BARC | 11/12/2026 | — | (22,085) |
| USD | 21,374 | GBP | 15,766 | BOA | 11/12/2026 | 9 | — |
| USD | 449,908 | HKD | 3,518,387 | BNP | 11/12/2026 | 30 | — |
| USD | 4,253 | HKD | 33,263 | BOA | 11/12/2026 | —— | —— |
| 9 | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | | SEE NOTES TO FINANCIAL STATEMENTS |
| Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
| USD | 1,340,578 | HKD | 10,485,467 | GSI | 11/12/2026 | — | $(147) |
| USD | 93,221 | HKD | 729,368 | JPM | 11/12/2026 | — | (39) |
| USD | 416,509 | JPY | 66,105,248 | BNP | 11/12/2026 | $362 | — |
| USD | 10,830,479 | JPY | 1,703,492,771 | GSI | 11/12/2026 | 106,656 | — |
| USD | 852,529 | JPY | 134,693,195 | JPM | 11/12/2026 | 4,608 | — |
| USD | 29,124 | JPY | 4,622,840 | BNP | 11/13/2026 | 20 | — |
| USD | 461,055 | JPY | 72,726,652 | GSI | 11/13/2026 | 3,191 | — |
| USD | 195,688 | JPY | 30,929,429 | JPM | 11/13/2026 | 966 | — |
| USD | 105,661 | NOK | 997,163 | BARC | 11/12/2026 | — | (952) |
| USD | 30,767 | NOK | 286,928 | BOA | 11/12/2026 | 90 | — |
| USD | 1,251,539 | NOK | 11,911,481 | GSI | 11/12/2026 | — | (21,996) |
| USD | 30,108 | SEK | 287,940 | BARC | 10/5/2026 | — | (11) |
| USD | 44,340 | SEK | 423,788 | BNP | 10/5/2026 | 10 | — |
| USD | 8,935 | SEK | 85,992 | BOA | 10/5/2026 | — | (60) |
| USD | 205,650 | SEK | 1,967,787 | GSI | 10/5/2026 | — | (188) |
| USD | 305,886 | SEK | 2,926,958 | JPM | 10/5/2026 | — | (285) |
| $166,904 | $(210,076) | ||||||
| Derivatives Currency Abbreviations | |
| AUD | Australian Dollar |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | Pound Sterling |
| HKD | Hong Kong Dollar |
| JPY | Japanese Yen |
| NOK | Norwegian Krone |
| SEK | Swedish Krona |
| USD | U.S. Dollar |
| Derivatives Abbreviations | |
| BARC | Barclays Bank PLC |
| BNP | BNP Paribas |
| BOA | Bank of America, N.A. |
| GSI | Goldman Sachs International |
| JPM | JPMorgan Chase Bank, N.A. |
| OTC | Over-the-counter |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 10 |
| Assets | |
| Unaffiliated investments, at value (Cost $193,135,983) | $227,289,970 |
| Unrealized appreciation on forward foreign currency contracts | 166,904 |
| Cash | 9,054,799 |
| Foreign currency, at value (Cost $529,418) | 527,166 |
| Collateral held at broker for futures contracts | 5,070,498 |
| Dividends and interest receivable | 907,739 |
| Receivable for fund shares sold | 980,781 |
| Receivable for investments sold | 3,631,993 |
| Other assets | 42,747 |
| Total assets | 247,672,597 |
| Liabilities | |
| Unrealized depreciation on forward foreign currency contracts | 210,076 |
| Payable for futures variation margin | 14,383 |
| Payable for investments purchased | 893,184 |
| Payable for fund shares repurchased | 56,531 |
| Payable to affiliates | |
| Accounting and legal services fees | 11,624 |
| Transfer agent fees | 8,217 |
| Distribution and service fees | 114 |
| Trustees’ fees | 106 |
| Other liabilities and accrued expenses | 171,707 |
| Total liabilities | 1,365,942 |
| Net assets | $246,306,655 |
| Net assets consist of | |
| Paid-in capital | $720,560,182 |
| Total distributable earnings (loss) | (474,253,527) |
| Net assets | $246,306,655 |
| 11 | JOHN HANCOCK Multi-Asset Absolute Return Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| Net asset value per share | |
| Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
| Class A ($21,698,904 ÷ 2,022,174 shares)1 | $10.73 |
| Class C ($868,030 ÷ 85,213 shares)1 | $10.19 |
| Class I ($62,858,084 ÷ 5,716,792 shares) | $11.00 |
| Class R2 ($572,880 ÷ 53,712 shares) | $10.67 |
| Class R6 ($24,438,095 ÷ 2,209,542 shares) | $11.06 |
| Class NAV ($135,870,662 ÷ 12,273,233 shares) | $11.07 |
| Maximum offering price per share | |
| Class A (net asset value per share ÷ 95%)2 | $11.29 |
| 1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
| 2 | On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Multi-Asset Absolute Return Fund | 12 |
| Investment income | |
| Dividends | $3,586,665 |
| Tax reclaims | 3,837,200 |
| Interest | 2,722,832 |
| Less foreign taxes withheld | (116,304) |
| Total investment income | 10,030,393 |
| Expenses | |
| Investment management fees | 2,749,099 |
| Distribution and service fees | 85,032 |
| Accounting and legal services fees | 46,511 |
| Transfer agent fees | 103,316 |
| Trustees’ fees | 5,095 |
| Custodian fees | 93,806 |
| State registration fees | 105,017 |
| Printing and postage | 28,692 |
| Professional fees | 499,589 |
| Other | 19,197 |
| Total expenses | 3,735,354 |
| Less expense reductions | (24,700) |
| Net expenses | 3,710,654 |
| Net investment income | 6,319,739 |
| Realized and unrealized gain (loss) | |
| Net realized gain (loss) on | |
| Unaffiliated investments and foreign currency transactions | 37,649,754 |
| Futures contracts | (12,858,731) |
| Forward foreign currency contracts | 334,580 |
| 25,125,603 | |
| Change in net unrealized appreciation (depreciation) of | |
| Unaffiliated investments and translation of assets and liabilities in foreign currencies | (23,532,445) |
| Futures contracts | 1,493,032 |
| Forward foreign currency contracts | 302,745 |
| (21,736,668) | |
| Net realized and unrealized gain | 3,388,935 |
| Increase in net assets from operations | $9,708,674 |
| 13 | JOHN HANCOCK Multi-Asset Absolute Return Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| Year ended 8-31-26 | Period ended 8-31-251 | Year ended 7-31-25 | |
| Increase (decrease) in net assets | |||
| From operations | |||
| Net investment income | $6,319,739 | $77,425 | $1,698,233 |
| Net realized gain | 25,125,603 | 3,251,863 | 35,613,591 |
| Change in net unrealized appreciation (depreciation) | (21,736,668) | 1,428,431 | (26,511,281) |
| Increase in net assets resulting from operations | 9,708,674 | 4,757,719 | 10,800,543 |
| From earnings | |||
| Class A | — | — | (540,260) |
| Class C | — | — | (15,623) |
| Class I | — | — | (2,494,405) |
| Class R2 | — | — | (14,843) |
| Class R6 | — | — | (588,013) |
| Class NAV | — | — | (1,889,313) |
| Total distributions | — | — | (5,542,457) |
| From fund share transactions | (2,847,002) | (1,255,303) | (102,169,928) |
| Total increase (decrease) | 6,861,672 | 3,502,416 | (96,911,842) |
| Net assets | |||
| Beginning of year | 239,444,983 | 235,942,567 | 332,854,409 |
| End of year | $246,306,655 | $239,444,983 | $235,942,567 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Multi-Asset Absolute Return Fund | 14 |
| CLASS A SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $10.36 | $10.16 | $10.05 | $9.75 | $9.93 | $10.12 |
| Net investment income2 | 0.243 | —4 | 0.03 | 0.05 | 0.05 | 0.06 |
| Net realized and unrealized gain (loss) on investments | 0.13 | 0.20 | 0.24 | 0.25 | 0.07 | (0.25) |
| Total from investment operations | 0.37 | 0.20 | 0.27 | 0.30 | 0.12 | (0.19) |
| Less distributions | ||||||
| From net investment income | — | — | (0.16) | — | (0.30) | — |
| Net asset value, end of period | $10.73 | $10.36 | $10.16 | $10.05 | $9.75 | $9.93 |
| Total return (%)5,6 | 3.57 | 1.977 | 2.57 | 3.18 | 1.34 | (1.88) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $22 | $25 | $25 | $37 | $41 | $44 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 1.75 | 1.698 | 1.62 | 1.62 | 1.55 | 1.57 |
| Expenses including reductions | 1.74 | 1.659 | 1.61 | 1.61 | 1.54 | 1.56 |
| Net investment income | 2.283 | 0.069 | 0.28 | 0.47 | 0.49 | 0.65 |
| Portfolio turnover (%) | 144 | 8 | 66 | 47 | 59 | 59 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect non-recurring income received by the fund which amounted to $0.16 and 1.45%, respectively. |
| 4 | Less than $0.005 per share. |
| 5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 6 | Does not reflect the effect of sales charges, if any. |
| 7 | Not annualized. |
| 8 | Annualized. Certain expenses are presented unannualized. |
| 9 | Annualized. |
| 15 | JOHN HANCOCK Multi-Asset Absolute Return Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS C SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $9.90 | $9.72 | $9.57 | $9.38 | $9.57 | $9.82 |
| Net investment income (loss)2 | 0.183 | (0.01) | (0.04) | (0.03) | (0.03) | (0.01) |
| Net realized and unrealized gain (loss) on investments | 0.11 | 0.19 | 0.28 | 0.22 | 0.07 | (0.24) |
| Total from investment operations | 0.29 | 0.18 | 0.24 | 0.19 | 0.04 | (0.25) |
| Less distributions | ||||||
| From net investment income | — | — | (0.09) | — | (0.23) | — |
| Net asset value, end of period | $10.19 | $9.90 | $9.72 | $9.57 | $9.38 | $9.57 |
| Total return (%)4,5 | 2.93 | 1.856 | 2.47 | 2.45 | 0.63 | (2.54) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $1 | $1 | $1 | $2 | $6 | $12 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 2.45 | 2.397 | 2.32 | 2.32 | 2.25 | 2.27 |
| Expenses including reductions | 2.44 | 2.358 | 2.31 | 2.31 | 2.24 | 2.26 |
| Net investment income (loss) | 1.803 | (0.64)8 | (0.39) | (0.29) | (0.29) | (0.12) |
| Portfolio turnover (%) | 144 | 8 | 66 | 47 | 59 | 59 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect non-recurring income received by the fund which amounted to $0.16 and 1.45%, respectively. |
| 4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 5 | Does not reflect the effect of sales charges, if any. |
| 6 | Not annualized. |
| 7 | Annualized. Certain expenses are presented unannualized. |
| 8 | Annualized. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Multi-Asset Absolute Return Fund | 16 |
| CLASS I SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $10.58 | $10.37 | $10.27 | $9.92 | $10.10 | $10.27 |
| Net investment income2 | 0.283 | —4 | 0.06 | 0.08 | 0.08 | 0.10 |
| Net realized and unrealized gain (loss) on investments | 0.14 | 0.21 | 0.23 | 0.27 | 0.07 | (0.27) |
| Total from investment operations | 0.42 | 0.21 | 0.29 | 0.35 | 0.15 | (0.17) |
| Less distributions | ||||||
| From net investment income | — | — | (0.19) | — | (0.33) | — |
| Net asset value, end of period | $11.00 | $10.58 | $10.37 | $10.27 | $9.92 | $10.10 |
| Total return (%)5 | 3.88 | 2.036 | 2.82 | 3.42 | 1.73 | (1.66) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $63 | $74 | $73 | $159 | $201 | $215 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 1.45 | 1.397 | 1.32 | 1.32 | 1.25 | 1.27 |
| Expenses including reductions | 1.44 | 1.358 | 1.31 | 1.31 | 1.24 | 1.26 |
| Net investment income | 2.593 | 0.368 | 0.54 | 0.76 | 0.79 | 0.94 |
| Portfolio turnover (%) | 144 | 8 | 66 | 47 | 59 | 59 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect non-recurring income received by the fund which amounted to $0.16 and 1.45%, respectively. |
| 4 | Less than $0.005 per share. |
| 5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 6 | Not annualized. |
| 7 | Annualized. Certain expenses are presented unannualized. |
| 8 | Annualized. |
| 17 | JOHN HANCOCK Multi-Asset Absolute Return Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS R2 SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $10.30 | $10.10 | $10.00 | $9.69 | $9.87 | $10.07 |
| Net investment income2 | 0.263 | —4 | 0.03 | 0.04 | 0.05 | 0.06 |
| Net realized and unrealized gain (loss) on investments | 0.11 | 0.20 | 0.22 | 0.27 | 0.07 | (0.26) |
| Total from investment operations | 0.37 | 0.20 | 0.25 | 0.31 | 0.12 | (0.20) |
| Less distributions | ||||||
| From net investment income | — | — | (0.15) | — | (0.30) | — |
| Net asset value, end of period | $10.67 | $10.30 | $10.10 | $10.00 | $9.69 | $9.87 |
| Total return (%)5 | 3.59 | 1.986 | 2.55 | 3.20 | 1.34 | (1.99) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $1 | $1 | $1 | $1 | $1 | $1 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 1.75 | 1.757 | 1.65 | 1.63 | 1.55 | 1.60 |
| Expenses including reductions | 1.74 | 1.718 | 1.64 | 1.63 | 1.54 | 1.59 |
| Net investment income (loss) | 2.503 | (0.01)8 | 0.30 | 0.45 | 0.47 | 0.58 |
| Portfolio turnover (%) | 144 | 8 | 66 | 47 | 59 | 59 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect non-recurring income received by the fund which amounted to $0.16 and 1.45%, respectively. |
| 4 | Less than $0.005 per share. |
| 5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 6 | Not annualized. |
| 7 | Annualized. Certain expenses are presented unannualized. |
| 8 | Annualized. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Multi-Asset Absolute Return Fund | 18 |
| CLASS R6 SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $10.64 | $10.43 | $10.34 | $9.98 | $10.15 | $10.31 |
| Net investment income2 | 0.283 | —4 | 0.08 | 0.09 | 0.08 | 0.12 |
| Net realized and unrealized gain (loss) on investments | 0.14 | 0.21 | 0.21 | 0.27 | 0.09 | (0.28) |
| Total from investment operations | 0.42 | 0.21 | 0.29 | 0.36 | 0.17 | (0.16) |
| Less distributions | ||||||
| From net investment income | — | — | (0.20) | — | (0.34) | — |
| Net asset value, end of period | $11.06 | $10.64 | $10.43 | $10.34 | $9.98 | $10.15 |
| Total return (%)5 | 3.95 | 2.016 | 3.02 | 3.51 | 1.74 | (1.55) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $24 | $27 | $26 | $31 | $134 | $227 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 1.34 | 1.287 | 1.21 | 1.21 | 1.14 | 1.16 |
| Expenses including reductions | 1.33 | 1.248 | 1.21 | 1.20 | 1.13 | 1.15 |
| Net investment income | 2.573 | 0.468 | 0.72 | 0.85 | 0.81 | 1.15 |
| Portfolio turnover (%) | 144 | 8 | 66 | 47 | 59 | 59 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect non-recurring income received by the fund which amounted to $0.16 and 1.45%, respectively. |
| 4 | Less than $0.005 per share. |
| 5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 6 | Not annualized. |
| 7 | Annualized. Certain expenses are presented unannualized. |
| 8 | Annualized. |
| 19 | JOHN HANCOCK Multi-Asset Absolute Return Fund | | SEE NOTES TO FINANCIAL STATEMENTS |
| CLASS NAV SHARES Period ended | 8-31-26 | 8-31-251 | 7-31-25 | 7-31-24 | 7-31-23 | 7-31-22 |
| Per share operating performance | ||||||
| Net asset value, beginning of period | $10.65 | $10.43 | $10.33 | $9.97 | $10.15 | $10.31 |
| Net investment income2 | 0.253 | —4 | 0.08 | 0.09 | 0.09 | 0.11 |
| Net realized and unrealized gain (loss) on investments | 0.17 | 0.22 | 0.22 | 0.27 | 0.07 | (0.27) |
| Total from investment operations | 0.42 | 0.22 | 0.30 | 0.36 | 0.16 | (0.16) |
| Less distributions | ||||||
| From net investment income | — | — | (0.20) | — | (0.34) | — |
| Net asset value, end of period | $11.07 | $10.65 | $10.43 | $10.33 | $9.97 | $10.15 |
| Total return (%)5 | 3.94 | 2.116 | 2.93 | 3.61 | 1.74 | (1.46) |
| Ratios and supplemental data | ||||||
| Net assets, end of period (in millions) | $136 | $112 | $109 | $103 | $100 | $82 |
| Ratios (as a percentage of average net assets): | ||||||
| Expenses before reductions | 1.34 | 1.287 | 1.21 | 1.20 | 1.13 | 1.15 |
| Expenses including reductions | 1.33 | 1.248 | 1.20 | 1.20 | 1.12 | 1.14 |
| Net investment income | 2.283 | 0.468 | 0.74 | 0.89 | 0.93 | 1.13 |
| Portfolio turnover (%) | 144 | 8 | 66 | 47 | 59 | 59 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| 2 | Based on average daily shares outstanding. |
| 3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect non-recurring income received by the fund which amounted to $0.16 and 1.45%, respectively. |
| 4 | Less than $0.005 per share. |
| 5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| 6 | Not annualized. |
| 7 | Annualized. Certain expenses are presented unannualized. |
| 8 | Annualized. |
| SEE NOTES TO FINANCIAL STATEMENTS | | JOHN HANCOCK Multi-Asset Absolute Return Fund | 20 |
| 21 | JOHN HANCOCK Multi-Asset Absolute Return Fund | |
| Total value at 8-31-26 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
| Investments in securities: | ||||
| Assets | ||||
| Common stocks | ||||
| Belgium | $1,069,884 | — | $1,069,884 | — |
| Brazil | 684,572 | $684,572 | — | — |
| Canada | 712,242 | 712,242 | — | — |
| China | 3,819,664 | 924,463 | 2,895,201 | — |
| Denmark | 711,067 | — | 711,067 | — |
| France | 7,339,403 | — | 7,339,403 | — |
| Germany | 3,055,894 | — | 3,055,894 | — |
| Greece | 178,595 | — | 178,595 | — |
| Hong Kong | 294,124 | — | 294,124 | — |
| Hungary | 34,099 | — | 34,099 | — |
| India | 30,630 | — | 30,630 | — |
| Indonesia | 215,861 | — | 215,861 | — |
| Ireland | 1,347,875 | 1,347,875 | — | — |
| Japan | 10,932,047 | — | 10,932,047 | — |
| Mexico | 976,133 | 976,133 | — | — |
| Netherlands | 3,703,836 | — | 3,703,836 | — |
| Norway | 1,215,701 | — | 1,215,701 | — |
| Philippines | 56,642 | — | 56,642 | — |
| South Africa | 590,928 | — | 590,928 | — |
| | JOHN HANCOCK Multi-Asset Absolute Return Fund | 22 |
| Total value at 8-31-26 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
| South Korea | $3,889,422 | — | $3,889,422 | — |
| Spain | 685,671 | — | 685,671 | — |
| Switzerland | 3,062,882 | $814,672 | 2,248,210 | — |
| Taiwan | 3,080,206 | 1,128,424 | 1,951,782 | — |
| Thailand | 276,522 | — | 276,522 | — |
| United Arab Emirates | 81,395 | — | 81,395 | — |
| United Kingdom | 6,765,040 | 154,330 | 6,610,710 | — |
| United States | 95,995,739 | 95,995,739 | — | — |
| U.S. Government and Agency obligations | 76,483,896 | — | 76,483,896 | — |
| Total investments in securities | $227,289,970 | $102,738,450 | $124,551,520 | — |
| Derivatives: | ||||
| Assets | ||||
| Futures | $715,626 | $715,626 | — | — |
| Forward foreign currency contracts | 166,904 | — | $166,904 | — |
| Liabilities | ||||
| Futures | (2,065,489) | (2,065,489) | — | — |
| Forward foreign currency contracts | (210,076) | — | (210,076) | — |
| Level 3 includes securities valued at $0. Refer to Fund’s investments. | ||||
| 23 | JOHN HANCOCK Multi-Asset Absolute Return Fund | |
| | JOHN HANCOCK Multi-Asset Absolute Return Fund | 24 |
| August 31, 2026 | August 31, 2025 | July 31, 2025 | |
| Ordinary income | — | — | $5,542,457 |
| 25 | JOHN HANCOCK Multi-Asset Absolute Return Fund | |
| | JOHN HANCOCK Multi-Asset Absolute Return Fund | 26 |
| Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
| Interest rate | Receivable/payable for futures variation margin1 | Futures | $181,158 | $(1,664,109) |
| Equity | Receivable/payable for futures variation margin1 | Futures | 534,468 | (401,380) |
| Currency | Unrealized appreciation (depreciation) on forward foreign currency contracts | Forward foreign currency contracts | 166,904 | (210,076) |
| $882,530 | $(2,275,565) |
| 1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of the Fund’s investments. Only the year end variation margin receivable/payable is separately reported on the Statement of assets and liabilities. |
| Statement of operations location - Net realized gain (loss) on: | |||
| Risk | Futures contracts | Forward foreign currency contracts | Total |
| Interest rate | $(742,845) | — | $(742,845) |
| Currency | — | $334,580 | 334,580 |
| Equity | (12,115,886) | — | (12,115,886) |
| Total | $(12,858,731) | $334,580 | $(12,524,151) |
| Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |||
| Risk | Futures contracts | Forward foreign currency contracts | Total |
| Interest rate | $(1,830,658) | — | $(1,830,658) |
| Currency | — | $302,745 | 302,745 |
| Equity | 3,323,690 | — | 3,323,690 |
| Total | $1,493,032 | $302,745 | $1,795,777 |
| 27 | JOHN HANCOCK Multi-Asset Absolute Return Fund | |
| | JOHN HANCOCK Multi-Asset Absolute Return Fund | 28 |
| Class | Rule 12b-1 Fee | Service fee |
| Class A | 0.30% | — |
| Class C | 1.00% | — |
| Class R2 | 0.25% | 0.25% |
| Class | Distribution and service fees | Transfer agent fees |
| Class A | $70,437 | $25,717 |
| Class C | 11,735 | 1,285 |
| Class I | — | 74,932 |
| Class R2 | 2,860 | 35 |
| Class R6 | — | 1,347 |
| Total | $85,032 | $103,316 |
| 29 | JOHN HANCOCK Multi-Asset Absolute Return Fund | |
| Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) | |
| Borrower | $3,500,000 | 1 | 4.130% | $(402) | — |
| Year Ended 8-31-26 | Period Ended 8-31-251 | Year Ended 7-31-25 | ||||
| Shares | Amount | Shares | Amount | Shares | Amount | |
| Class A shares | ||||||
| Sold | 116,821 | $1,231,125 | 608 | $6,291 | 145,224 | $1,493,245 |
| Distributions reinvested | — | — | — | — | 51,845 | 524,674 |
| Repurchased | (508,349) | (5,364,623) | (37,079) | (381,127) | (1,392,073) | (14,375,138) |
| Net decrease | (391,528) | $(4,133,498) | (36,471) | $(374,836) | (1,195,004) | $(12,357,219) |
| Class C shares | ||||||
| Sold | 3,542 | $35,395 | 126 | $1,235 | 14,830 | $146,734 |
| Distributions reinvested | — | — | — | — | 1,559 | 15,156 |
| Repurchased | (65,272) | (659,473) | (1,462) | (14,442) | (63,746) | (623,726) |
| Net decrease | (61,730) | $(624,078) | (1,336) | $(13,207) | (47,357) | $(461,836) |
| Class I shares | ||||||
| Sold | 501,182 | $5,435,905 | 29,734 | $312,829 | 627,637 | $6,578,748 |
| Distributions reinvested | — | — | — | — | 231,446 | 2,388,521 |
| Repurchased | (1,744,237) | (18,811,584) | (143,600) | (1,511,691) | (9,263,388) | (97,569,117) |
| Net decrease | (1,243,055) | $(13,375,679) | (113,866) | $(1,198,862) | (8,404,305) | $(88,601,848) |
| Class R2 shares | ||||||
| Sold | 4,593 | $48,374 | 5,969 | $61,289 | 21,009 | $219,584 |
| Distributions reinvested | — | — | — | — | 1,349 | 13,564 |
| Repurchased | (41,624) | (436,411) | (3,322) | (33,853) | (18,563) | (189,248) |
| Net increase (decrease) | (37,031) | $(388,037) | 2,647 | $27,436 | 3,795 | $43,900 |
| Class R6 shares | ||||||
| Sold | 536,504 | $5,825,617 | 28,129 | $297,560 | 253,654 | $2,669,774 |
| Distributions reinvested | — | — | — | — | 29,423 | 304,825 |
| Repurchased | (837,301) | (9,109,495) | (12,478) | (132,777) | (820,800) | (8,610,658) |
| Net increase (decrease) | (300,797) | $(3,283,878) | 15,651 | $164,783 | (537,723) | $(5,636,059) |
| Class NAV shares | ||||||
| Sold | 6,707,391 | $72,664,800 | 13,275 | $139,383 | 3,031,709 | $31,799,475 |
| Distributions reinvested | — | — | — | — | 182,190 | 1,889,313 |
| Repurchased | (4,925,924) | (53,706,632) | — | — | (2,724,985) | (28,845,654) |
| Net increase | 1,781,467 | $18,958,168 | 13,275 | $139,383 | 488,914 | $4,843,134 |
| Total net decrease | (252,674) | $(2,847,002) | (120,100) | $(1,255,303) | (9,691,680) | $(102,169,928) |
| | JOHN HANCOCK Multi-Asset Absolute Return Fund | 30 |
| 1 | For the one-month period ended 8-31-25. The fund changed its fiscal year end from July 31 to August 31. |
| Fund | Affiliated Concentration |
| John Hancock Funds II Alternative Asset Allocation Fund | 55.2% |
| 31 | JOHN HANCOCK Multi-Asset Absolute Return Fund | |
| | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 32 |
| 33 | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | |
| | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 34 |
| (a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
| (b) | the background, qualifications and skills of the Advisor’s personnel; |
| (c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
| (d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
| (e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; and |
| 35 | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | |
| (f) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
| (a) | reviewed information prepared by management regarding the fund’s performance; |
| (b) | considered the comparative performance of an applicable benchmark index; |
| (c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
| (d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
| | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 36 |
| (a) | reviewed financial information of the Advisor; |
| (b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
| (c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
| (d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
| (e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
| (f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
| (g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
| (h) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
| (i) | noted that the subadvisory fee for the fund is paid by the Advisor and is negotiated at arm’s length; |
| (j) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
| (k) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
| (a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is |
| 37 | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | |
| based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; | |
| (b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
| (c) | also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale |
| (1) | information relating to the Subadvisor’s business, including current subadvisory services to the fund (and other funds in the John Hancock Fund Complex); |
| (2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; |
| (3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data; and |
| (4) | information relating to the nature and scope of any material relationships and their significance to the fund’s Advisor and Subadvisor. |
| | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 38 |
| (1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
| (2) | the performance of the fund is being monitored and reasonably addressed, where appropriate; |
| (3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
| (4) | the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
| 39 | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | |
| | JOHN HANCOCK MULTI-ASSET ABSOLUTE RETURN FUND | 40 |
| 41 | JOHN HANCOCK Multi-Asset Absolute Return Fund | |
| MF5889524 | 395A 8/26 |
ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 9. PROXY DISCLOSURE FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.
Information included in Item 7, if applicable.
ITEM 10. REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES.
Refer to information included in Item 7.
ITEM 11. STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT.
Information included in Item 7, if applicable.
ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
Not applicable.
ITEM 15. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
No material changes.
ITEM 16. CONTROLS AND PROCEDURES.
(a) Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-CSR, the registrant's principal executive officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.
(b) There were no changes in the registrant's internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.
Not applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
John Hancock Funds II
| By: | /s/ Kristie M. Feinberg |
| ------------------------------ | |
| Kristie M. Feinberg | |
| President, | |
| Principal Executive Officer | |
| Date: | October 15, 2026 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| By: | /s/ Kristie M. Feinberg |
| ------------------------------ | |
| Kristie M. Feinberg | |
| President, | |
| Principal Executive Officer | |
| Date: | October 15, 2026 |
| By: | /s/ Fernando A. Silva |
| --------------------------- | |
| Fernando A. Silva | |
| Chief Financial Officer, | |
| Principal Financial Officer | |
| Date: | October 15, 2026 |