John Hancock Retirement Plan Services

State Street Target Retirement 2020 Portfolio

AS OF 2023-12-31
INVESTMENT STRATEGY:

The Funds seek to offer complete, low cost investment strategies with asset allocations which become more conservative as you near retirement. Each Fund seeks to achieve its objective by investing in a set of underlying State Street collective trust funds representing various asset classes. Each Fund (other than the State Street Target Retirement Income Fund) is managed to a specific retirement year (target date) included in its name. Over time, the allocation to asset classes and funds change according to a predetermined "glide path". (The glide path represents the shifting of asset classes over time and does not apply to the Income Fund.) Once a Fund reaches its target retirement date, it will begin a five year transition period to the State Street Target Retirement Income Fund. At the end of that five year period the allocation to stocks, real estate investment trusts and commodities interests exposure will remain fixed at approximately 35% of assets. The remainder of the Fund will be invested in fixed-income securities.

Fund Category:
Balanced/Asset Allocation

PORTFOLIO DETAILS

Inception Date 2021-07-02
Gross Expense Ratiof1 (%) 0.33
Net Expense Ratiof1 (%) 0.33
Fund Total Net Assets ($M) 39.02

TOP TEN HOLDINGS AS OF 2023-12-31

% of Assets

SSGA Target Ret 2020 LS V 100.00

Average Annual Total Returns %

As of 2023-12-31
State Street Target Retirement 2020 Portfolio
YTD 10.17
1 Year 10.17
3 Year
5 Year
10 Year
Since Inception -0.38
Dow Jones Target 2020 Indexi50
YTD 7.25
1 Year 7.25
3 Year -2.21
5 Year 2.62
10 Year 2.92
Since Inception --
Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be less or higher than the figures shown. Investment return and principal value will fluctuate so that upon redemption, shares may be worth more or less than their original cost. Performance data does not reflect deduction of redemption fee, which, if such fee exists, would lower performance. For current to the most recent month-end performance information, please log onto myplan.johnhancock.com or call a John Hancock representative at (800) 294-3575.
  YTD 1 Year 3 Year 5 Year 10 Year Since Inception
State Street Target Retirement 2020 Portfolio 10.17 10.17 -- -- -- -0.38
Dow Jones Target 2020 Indexi50 7.25 7.25 -2.21 2.62 2.92 --
Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be less or higher than the figures shown. Investment return and principal value will fluctuate so that upon redemption, shares may be worth more or less than their original cost. Performance data does not reflect deduction of redemption fee, which, if such fee exists, would lower performance. For current to the most recent month-end performance information, please log onto myplan.johnhancock.com or call a John Hancock representative at (800) 294-3575.

Portfolio Snapshotb2