UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-21779
JOHN HANCOCK FUNDS II
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(Exact name of registrant as specified in charter)
200 BERKELEY STREET, BOSTON, MA 02116
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(Address of principal executive offices) (Zip code)
SALVATORE SCHIAVONE, 200 Berkeley Street, BOSTON, MA 02116
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(Name and address of agent for service)
Registrant's telephone number, including area code: (617) 543-9634
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Date of fiscal year end: August 31
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Date of reporting period: August 31, 2022
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ITEM 1. REPORTS TO STOCKHOLDERS.
The Registrant prepared the following annual reports to shareholders for the period ended August 31, 2022:
Alternative Asset Allocation Fund
Blue Chip Growth Fund
Emerging Markets Debt Fund
Emerging Markets Fund
Equity Income Fund
Fundamental Global Franchise Fund
Global Equity Fund
International Small Company Fund
Multi-Asset High Income Fund
New Opportunities Fund
Real Estate Securities Fund
Small Cap Growth Fund
Small Cap Value Fund
INTERNAL
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 1 |
2 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
ASSET ALLOCATION AS OF 8/31/2022 (% of net assets) | |
Affiliated investment companies | 59.8 |
Absolute return strategies | 33.9 |
Alternative investment approaches | 18.6 |
Alternative markets | 7.3 |
Unaffiliated investment companies | 39.8 |
Absolute return strategies | 24.6 |
Alternative investment approaches | 12.8 |
Alternative markets | 2.4 |
Short-term investments and other | 0.4 |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 3 |
4 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A | -7.82 | 1.35 | 1.99 | 6.94 | 21.78 |
Class C | -4.58 | 1.68 | 1.80 | 8.70 | 19.50 |
Class I1 | -2.66 | 2.71 | 2.83 | 14.28 | 32.22 |
Class R21 | -3.04 | 2.30 | 2.38 | 12.02 | 26.52 |
Class R41,2 | -2.78 | 2.56 | 2.65 | 13.48 | 29.83 |
Class R61 | -2.55 | 2.82 | 2.92 | 14.94 | 33.38 |
Index† | -3.93 | 1.99 | 1.97 | 10.37 | 21.51 |
Class A | Class C | Class I | Class R2 | Class R4 | Class R6 | |
Gross (%) | 1.88 | 2.58 | 1.58 | 1.98 | 1.83 | 1.48 |
Net (%) | 1.65 | 2.35 | 1.35 | 1.75 | 1.50 | 1.25 |
6 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C3 | 8-31-12 | 11,950 | 11,950 | 12,151 |
Class I1 | 8-31-12 | 13,222 | 13,222 | 12,151 |
Class R21 | 8-31-12 | 12,652 | 12,652 | 12,151 |
Class R41,2 | 8-31-12 | 12,983 | 12,983 | 12,151 |
Class R61 | 8-31-12 | 13,338 | 13,338 | 12,151 |
1 | For certain types of investors, as described in the fund’s prospectus. |
2 | Class R4 share was first offered on 6-27-13. Return prior to this date is that of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
3 | The contingent deferred sales charge is not applicable. |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 7 |
8 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio2 | ||
Class A | Actual expenses/actual returns | $1,000.00 | $983.60 | $3.65 | 0.73% |
Hypothetical example | 1,000.00 | 1,021.50 | 3.72 | 0.73% | |
Class C | Actual expenses/actual returns | 1,000.00 | 980.40 | 7.14 | 1.43% |
Hypothetical example | 1,000.00 | 1,018.00 | 7.27 | 1.43% | |
Class I | Actual expenses/actual returns | 1,000.00 | 985.60 | 2.15 | 0.43% |
Hypothetical example | 1,000.00 | 1,023.00 | 2.19 | 0.43% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 982.90 | 4.05 | 0.81% |
Hypothetical example | 1,000.00 | 1,021.10 | 4.13 | 0.81% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 984.30 | 2.75 | 0.55% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.80 | 0.55% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 986.20 | 1.60 | 0.32% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.63 | 0.32% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
2 | Ratios do not include fees and expenses indirectly incurred by the underlying funds and can vary based on mixed of underlying funds held by the fund. |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 9 |
Shares | Value | ||||
Affiliated investment companies (A) 59.8% | $383,396,482 | ||||
(Cost $375,180,202) | |||||
Absolute return strategies 33.9% | 217,145,966 | ||||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) (B) | 5,089,361 | 48,348,931 | |||
Credit Suisse Managed Futures Strategy Fund (C) | 2,969,668 | 34,982,689 | |||
Diversified Macro, Class NAV, JHIT (Graham) | 4,787,739 | 50,223,383 | |||
Multi-Asset Absolute Return, Class NAV, JHF II (NIMNAI) (B) | 8,486,392 | 83,590,963 | |||
Alternative investment approaches 18.6% | 119,192,098 | ||||
Seaport Long/Short, Class NAV, JHIT (Wellington) | 6,349,626 | 71,052,319 | |||
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (D) | 4,892,254 | 48,139,779 | |||
Alternative markets 7.3% | 47,058,418 | ||||
Infrastructure, Class NAV, JHIT (Wellington) | 2,315,812 | 30,221,348 | |||
Invesco DB Gold Fund (B)(C) | 349,114 | 16,837,070 | |||
Unaffiliated investment companies 39.8% | $255,683,547 | ||||
(Cost $248,388,790) | |||||
Absolute return strategies 24.6% | 158,005,547 | ||||
Calamos Market Neutral Income Fund | 2,797,712 | 38,580,445 | |||
IQ Merger Arbitrage ETF (B)(E) | 793,723 | 25,224,517 | |||
The Arbitrage Fund, Class I | 3,966,763 | 52,083,600 | |||
Victory Market Neutral Income Fund | 4,563,054 | 42,116,985 | |||
Alternative investment approaches 12.8% | 82,304,948 | ||||
JPMorgan Hedged Equity Fund | 3,273,864 | 82,304,948 | |||
Alternative markets 2.4% | 15,373,052 | ||||
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 463,052 | 8,043,213 | |||
Vanguard Real Estate ETF | 78,807 | 7,329,839 | |||
Yield (%) | Shares | Value | |||
Short-term investments 2.5% | $15,756,778 | ||||
(Cost $15,758,755) | |||||
Short-term funds 2.5% | 15,756,778 | ||||
John Hancock Collateral Trust (F) | 2.3160(G) | 1,576,719 | 15,756,778 |
Total investments (Cost $639,327,747) 102.1% | $654,836,807 | ||||
Other assets and liabilities, net (2.1%) | (13,310,213) | ||||
Total net assets 100.0% | $641,526,594 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
10 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Security Abbreviations and Legend | |
JHF II | John Hancock Funds II |
JHIT | John Hancock Investment Trust |
(A) | The underlying funds’ subadvisor is shown parenthetically. |
(B) | Non-income producing. |
(C) | The fund owns 5% or more of the outstanding voting shares of the issuer and the security is considered an affiliate of the fund. For more information on this security refer to the Notes to financial statements. |
(D) | The subadvisor is an affiliate of the advisor. |
(E) | All or a portion of this security is on loan as of 8-31-22. |
(F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Cash collateral received for securities lending amounted to $14,925,621. |
(G) | The rate shown is the annualized seven-day yield as of 8-31-22. |
Subadvisors of Affiliated Underlying Funds | |
First Quadrant, LLC | (First Quadrant) |
Graham Capital Management, L.P. | (Graham) |
Manulife Investment Management (US) LLC | (MIM US) |
Nordea Investment Management North America, Inc. | (NIMNAI) |
Wellington Management Company LLP | (Wellington) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 11 |
Assets | |
Unaffiliated investments, at value (Cost $248,388,790) including $14,631,884 of securities loaned | $255,683,547 |
Affiliated investments, at value (Cost $390,938,957) | 399,153,260 |
Total investments, at value (Cost $639,327,747) | 654,836,807 |
Dividends and interest receivable | 167,784 |
Receivable for fund shares sold | 5,002,460 |
Receivable for securities lending income | 26,499 |
Receivable from affiliates | 720 |
Other assets | 78,385 |
Total assets | 660,112,655 |
Liabilities | |
Payable for investments purchased | 3,082,934 |
Payable for fund shares repurchased | 399,430 |
Payable upon return of securities loaned | 14,943,505 |
Payable to affiliates | |
Accounting and legal services fees | 21,227 |
Transfer agent fees | 65,489 |
Distribution and service fees | 218 |
Trustees’ fees | 559 |
Other liabilities and accrued expenses | 72,699 |
Total liabilities | 18,586,061 |
Net assets | $641,526,594 |
Net assets consist of | |
Paid-in capital | $672,426,566 |
Total distributable earnings (loss) | (30,899,972) |
Net assets | $641,526,594 |
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 ($73,335,856 ÷ 4,896,624 shares)1 | $14.98 |
Class C ($10,720,436 ÷ 715,810 shares)1 | $14.98 |
Class I ($529,195,401 ÷ 35,264,928 shares) | $15.01 |
Class R2 ($1,007,700 ÷ 67,384 shares) | $14.95 |
Class R4 ($117,461 ÷ 7,825 shares) | $15.01 |
Class R6 ($27,149,740 ÷ 1,808,156 shares) | $15.02 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $15.77 |
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. |
12 | JOHN HANCOCK Alternative Asset Allocation Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends from affiliated investments | $6,263,339 |
Dividends | 4,982,847 |
Interest | 2,483 |
Securities lending | 133,563 |
Total investment income | 11,382,232 |
Expenses | |
Investment management fees | 2,233,426 |
Distribution and service fees | 355,031 |
Accounting and legal services fees | 79,504 |
Transfer agent fees | 602,610 |
Trustees’ fees | 8,182 |
Custodian fees | 26,661 |
State registration fees | 122,032 |
Printing and postage | 39,247 |
Professional fees | 62,977 |
Other | 33,106 |
Total expenses | 3,562,776 |
Less expense reductions | (986,777) |
Net expenses | 2,575,999 |
Net investment income | 8,806,233 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments | 1,970,379 |
Affiliated investments | 301,593 |
Capital gain distributions received from unaffiliated investments | 206,018 |
Capital gain distributions received from affiliated investments | 4,369,530 |
6,847,520 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (10,729,786) |
Affiliated investments | (20,284,278) |
(31,014,064) | |
Net realized and unrealized loss | (24,166,544) |
Decrease in net assets from operations | $(15,360,311) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 13 |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $8,806,233 | $3,199,428 |
Net realized gain | 6,847,520 | 6,079,191 |
Change in net unrealized appreciation (depreciation) | (31,014,064) | 30,170,429 |
Increase (decrease) in net assets resulting from operations | (15,360,311) | 39,449,048 |
Distributions to shareholders | ||
From earnings | ||
Class A | (1,158,179) | (483,892) |
Class C | (144,223) | (19,302) |
Class I | (7,749,131) | (3,660,140) |
Class R2 | (15,564) | (5,324) |
Class R4 | (1,362) | (547) |
Class R6 | (444,124) | (236,228) |
Total distributions | (9,512,583) | (4,405,433) |
From fund share transactions | 184,838,183 | (16,257,115) |
Total increase | 159,965,289 | 18,786,500 |
Net assets | ||
Beginning of year | 481,561,305 | 462,774,805 |
End of year | $641,526,594 | $481,561,305 |
14 | JOHN HANCOCK Alternative Asset Allocation Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.70 | $14.57 | $14.66 | $14.51 | $14.55 |
Net investment income1,2 | 0.23 | 0.07 | 0.09 | 0.25 | 0.13 |
Net realized and unrealized gain (loss) on investments | (0.69) | 1.17 | 0.31 | 0.17 | 0.01 |
Total from investment operations | (0.46) | 1.24 | 0.40 | 0.42 | 0.14 |
Less distributions | |||||
From net investment income | (0.24) | (0.03) | (0.27) | (0.17) | (0.11) |
From net realized gain | (0.02) | (0.08) | (0.22) | (0.10) | (0.07) |
Total distributions | (0.26) | (0.11) | (0.49) | (0.27) | (0.18) |
Net asset value, end of period | $14.98 | $15.70 | $14.57 | $14.66 | $14.51 |
Total return (%)3,4 | (2.95) | 8.55 | 2.74 | 3.05 | 0.95 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $73 | $68 | $62 | $73 | $95 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions5 | 0.90 | 0.88 | 0.88 | 0.77 | 0.72 |
Expenses including reductions5 | 0.72 | 0.66 | 0.66 | 0.64 | 0.59 |
Net investment income2 | 1.47 | 0.47 | 0.63 | 1.73 | 0.86 |
Portfolio turnover (%) | 13 | 25 | 37 | 39 | 18 |
1 | Based on average daily shares outstanding. |
2 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
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 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 15 |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.70 | $14.58 | $14.67 | $14.51 | $14.56 |
Net investment income (loss)1,2 | 0.13 | (0.03) | (0.01) | 0.15 | 0.02 |
Net realized and unrealized gain (loss) on investments | (0.69) | 1.16 | 0.31 | 0.18 | 0.01 |
Total from investment operations | (0.56) | 1.13 | 0.30 | 0.33 | 0.03 |
Less distributions | |||||
From net investment income | (0.14) | — | (0.17) | (0.07) | (0.01) |
From net realized gain | (0.02) | (0.01) | (0.22) | (0.10) | (0.07) |
Total distributions | (0.16) | (0.01) | (0.39) | (0.17) | (0.08) |
Net asset value, end of period | $14.98 | $15.70 | $14.58 | $14.67 | $14.51 |
Total return (%)3,4 | (3.62) | 7.77 | 2.04 | 2.37 | 0.19 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $11 | $17 | $31 | $42 | $57 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions5 | 1.60 | 1.58 | 1.58 | 1.47 | 1.42 |
Expenses including reductions5 | 1.41 | 1.36 | 1.36 | 1.34 | 1.29 |
Net investment income (loss)2 | 0.86 | (0.21) | (0.06) | 1.02 | 0.17 |
Portfolio turnover (%) | 13 | 25 | 37 | 39 | 18 |
1 | Based on average daily shares outstanding. |
2 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
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 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
16 | JOHN HANCOCK Alternative Asset Allocation Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.73 | $14.59 | $14.68 | $14.53 | $14.58 |
Net investment income1,2 | 0.26 | 0.12 | 0.14 | 0.29 | 0.17 |
Net realized and unrealized gain (loss) on investments | (0.67) | 1.17 | 0.30 | 0.18 | —3 |
Total from investment operations | (0.41) | 1.29 | 0.44 | 0.47 | 0.17 |
Less distributions | |||||
From net investment income | (0.29) | (0.07) | (0.31) | (0.22) | (0.15) |
From net realized gain | (0.02) | (0.08) | (0.22) | (0.10) | (0.07) |
Total distributions | (0.31) | (0.15) | (0.53) | (0.32) | (0.22) |
Net asset value, end of period | $15.01 | $15.73 | $14.59 | $14.68 | $14.53 |
Total return (%)4 | (2.66) | 8.92 | 3.04 | 3.39 | 1.18 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $529 | $374 | $347 | $423 | $510 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions5 | 0.60 | 0.58 | 0.58 | 0.49 | 0.42 |
Expenses including reductions5 | 0.42 | 0.36 | 0.36 | 0.35 | 0.30 |
Net investment income2 | 1.67 | 0.76 | 0.95 | 2.04 | 1.16 |
Portfolio turnover (%) | 13 | 25 | 37 | 39 | 18 |
1 | Based on average daily shares outstanding. |
2 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
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 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 17 |
CLASS R2 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.67 | $14.55 | $14.64 | $14.49 | $14.53 |
Net investment income1,2 | 0.22 | 0.06 | 0.08 | 0.24 | 0.11 |
Net realized and unrealized gain (loss) on investments | (0.69) | 1.16 | 0.31 | 0.17 | 0.01 |
Total from investment operations | (0.47) | 1.22 | 0.39 | 0.41 | 0.12 |
Less distributions | |||||
From net investment income | (0.23) | (0.02) | (0.26) | (0.16) | (0.09) |
From net realized gain | (0.02) | (0.08) | (0.22) | (0.10) | (0.07) |
Total distributions | (0.25) | (0.10) | (0.48) | (0.26) | (0.16) |
Net asset value, end of period | $14.95 | $15.67 | $14.55 | $14.64 | $14.49 |
Total return (%)3 | (3.04) | 8.41 | 2.65 | 2.95 | 0.85 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $1 | $2 | $3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions4 | 0.99 | 0.95 | 0.96 | 0.87 | 0.83 |
Expenses including reductions4 | 0.81 | 0.74 | 0.75 | 0.74 | 0.70 |
Net investment income2 | 1.45 | 0.38 | 0.54 | 1.67 | 0.78 |
Portfolio turnover (%) | 13 | 25 | 37 | 39 | 18 |
1 | Based on average daily shares outstanding. |
2 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
18 | JOHN HANCOCK Alternative Asset Allocation Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.73 | $14.60 | $14.69 | $14.54 | $14.58 |
Net investment income1,2 | 0.21 | 0.10 | 0.07 | 0.27 | 0.15 |
Net realized and unrealized gain (loss) on investments | (0.64) | 1.16 | 0.35 | 0.18 | 0.01 |
Total from investment operations | (0.43) | 1.26 | 0.42 | 0.45 | 0.16 |
Less distributions | |||||
From net investment income | (0.27) | (0.05) | (0.29) | (0.20) | (0.13) |
From net realized gain | (0.02) | (0.08) | (0.22) | (0.10) | (0.07) |
Total distributions | (0.29) | (0.13) | (0.51) | (0.30) | (0.20) |
Net asset value, end of period | $15.01 | $15.73 | $14.60 | $14.69 | $14.54 |
Total return (%)3 | (2.78) | 8.70 | 2.91 | 3.22 | 1.10 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—4 | $—4 | $—4 | $—4 | $1 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions5 | 0.84 | 0.83 | 0.81 | 0.73 | 0.67 |
Expenses including reductions5 | 0.56 | 0.51 | 0.50 | 0.50 | 0.44 |
Net investment income2 | 1.41 | 0.68 | 0.45 | 1.76 | 1.05 |
Portfolio turnover (%) | 13 | 25 | 37 | 39 | 18 |
1 | Based on average daily shares outstanding. |
2 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Less than $500,000. |
5 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 19 |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.74 | $14.60 | $14.69 | $14.54 | $14.58 |
Net investment income1,2 | 0.27 | 0.13 | 0.14 | 0.32 | 0.18 |
Net realized and unrealized gain (loss) on investments | (0.66) | 1.18 | 0.32 | 0.16 | 0.02 |
Total from investment operations | (0.39) | 1.31 | 0.46 | 0.48 | 0.20 |
Less distributions | |||||
From net investment income | (0.31) | (0.09) | (0.33) | (0.23) | (0.17) |
From net realized gain | (0.02) | (0.08) | (0.22) | (0.10) | (0.07) |
Total distributions | (0.33) | (0.17) | (0.55) | (0.33) | (0.24) |
Net asset value, end of period | $15.02 | $15.74 | $14.60 | $14.69 | $14.54 |
Total return (%)3 | (2.55) | 9.02 | 3.15 | 3.49 | 1.34 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $27 | $21 | $22 | $26 | $18 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions4 | 0.49 | 0.48 | 0.46 | 0.37 | 0.32 |
Expenses including reductions4 | 0.31 | 0.26 | 0.25 | 0.24 | 0.20 |
Net investment income2 | 1.74 | 0.88 | 1.01 | 2.23 | 1.26 |
Portfolio turnover (%) | 13 | 25 | 37 | 39 | 18 |
1 | Based on average daily shares outstanding. |
2 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
20 | JOHN HANCOCK Alternative Asset Allocation Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
ANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 21 |
22 | JOHN HANCOCK Alternative Asset Allocation Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 23 |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $9,512,583 | $4,405,433 |
First $5.0 billion of average net assets | Excess over $5.0 billion of average net assets | |
Assets in a fund of the Trust or JHF III | 0.100% | 0.075% |
Other assets | 0.550% | 0.525% |
24 | JOHN HANCOCK Alternative Asset Allocation Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $128,202 |
Class C | 25,615 |
Class I | 786,830 |
Class R2 | 1,746 |
Class | Expense reduction |
Class R4 | $163 |
Class R6 | 44,131 |
Total | $986,687 |
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% |
ANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 25 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $210,417 | $81,436 |
Class C | 139,542 | 16,124 |
Class I | — | 502,738 |
Class R2 | 4,758 | 87 |
Class R4 | 314 | 8 |
Class R6 | — | 2,217 |
Total | $355,031 | $602,610 |
26 | JOHN HANCOCK Alternative Asset Allocation Fund | ANNUAL REPORT |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 1,244,419 | $18,972,407 | 1,121,979 | $17,005,972 |
Distributions reinvested | 72,236 | 1,116,043 | 31,159 | 465,517 |
Repurchased | (763,300) | (11,698,023) | (1,054,756) | (15,897,317) |
Net increase | 553,355 | $8,390,427 | 98,382 | $1,574,172 |
Class C shares | ||||
Sold | 295,681 | $4,503,368 | 54,169 | $826,562 |
Distributions reinvested | 9,254 | 143,625 | 1,277 | 19,165 |
Repurchased | (686,749) | (10,496,959) | (1,072,669) | (16,159,190) |
Net decrease | (381,814) | $(5,849,966) | (1,017,223) | $(15,313,463) |
Class I shares | ||||
Sold | 18,592,993 | $283,634,391 | 6,380,955 | $96,946,750 |
Distributions reinvested | 487,798 | 7,536,474 | 239,814 | 3,582,824 |
Repurchased | (7,602,455) | (116,191,625) | (6,630,884) | (100,658,322) |
Net increase (decrease) | 11,478,336 | $174,979,240 | (10,115) | $(128,748) |
Class R2 shares | ||||
Sold | 13,996 | $213,182 | 12,863 | $195,010 |
Distributions reinvested | 882 | 13,616 | 307 | 4,586 |
Repurchased | (8,996) | (137,741) | (14,052) | (209,438) |
Net increase (decrease) | 5,882 | $89,057 | (882) | $(9,842) |
Class R4 shares | ||||
Sold | 5,136 | $78,964 | 415 | $6,349 |
Distributions reinvested | 88 | 1,361 | 37 | 547 |
Repurchased | (453) | (6,966) | (1,388) | (21,087) |
Net increase (decrease) | 4,771 | $73,359 | (936) | $(14,191) |
Class R6 shares | ||||
Sold | 1,007,464 | $15,367,183 | 476,262 | $7,256,957 |
Distributions reinvested | 28,746 | 444,124 | 15,812 | 236,228 |
Repurchased | (567,668) | (8,655,241) | (650,200) | (9,858,228) |
Net increase (decrease) | 468,542 | $7,156,066 | (158,126) | $(2,365,043) |
Total net increase (decrease) | 12,129,072 | $184,838,183 | (1,088,900) | $(16,257,115) |
ANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 27 |
Fund | Underlying fund’s net assets |
John Hancock Funds II Multi-Asset Absolute Return Fund | 14.7% |
John Hancock Funds II Absolute Return Currency Fund | 8.4% |
John Hancock Funds Seaport Long/Short Fund | 7.0% |
John Hancock Funds Diversified Macro Fund | 6.9% |
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 |
Absolute Return Currency | 5,089,361 | $31,992,526 | $22,745,233 | $(3,380,030) | $(222,452) | $(2,786,346) | — | — | $48,348,931 |
Absolute Return Opportunities | — | 20,432,695 | 368,037 | (20,826,910) | (388,651) | 414,829 | — | — | — |
Diversified Macro | 4,787,739 | 38,425,952 | 15,628,612 | (9,021,304) | 4,572 | 5,185,551 | $1,349,222 | — | 50,223,383 |
Infrastructure | 2,315,812 | 23,084,974 | 12,369,944 | (1,671,460) | 64,973 | (3,627,083) | 805,695 | $777,167 | 30,221,348 |
John Hancock Collateral Trust* | 1,576,719 | 6,545,743 | 105,967,430 | (96,736,557) | (16,306) | (3,532) | 133,877 | 3,665 | 15,756,778 |
Multi-Asset Absolute Return | 8,486,392 | 58,527,229 | 31,370,904 | (2,923,811) | 78,251 | (3,461,610) | — | — | 83,590,963 |
Seaport Long/Short | 6,349,626 | 55,845,495 | 29,083,190 | (4,171,208) | (123,433) | (9,581,725) | — | 3,588,698 | 71,052,319 |
Strategic Income Opportunities | 4,892,254 | 56,545,046 | 4,406,383 | (5,223,260) | (42,109) | (7,546,281) | 1,881,291 | — | 48,139,779 |
$(645,155) | $(21,406,197) | $4,170,085 | $4,369,530 | $347,333,501 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
28 | JOHN HANCOCK Alternative Asset Allocation Fund | ANNUAL REPORT |
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 |
Credit Suisse Managed Futures Strategy Fund | 2,969,668 | $22,257,796 | $18,526,915 | $(9,052,160) | $1,057,316 | $2,192,822 | $2,226,817 | — | $34,982,689 |
Invesco DB Gold Fund | 349,114 | 12,934,526 | 7,445,780 | (2,361,765) | (110,568) | (1,070,903) | — | — | 16,837,070 |
$946,748 | $1,121,919 | $2,226,817 | — | $51,819,759 |
ANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 29 |
30 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 31 |
32 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 33 |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
34 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 35 |
(i) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
(j) | noted that the subadvisory fees for the fund are paid by the Advisor; |
(k) | with respect to the fund, the Board noted that the advisory fee is in addition to the fees received by the Advisor and its affiliates with regard to the affiliated underlying funds in which the funds may invest; |
(l) | 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 |
(m) | 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 with respect to the John Hancock underlying funds in which the fund invests, the Advisor has contractually agreed to waive a portion of its management fee such funds and for each of the other John Hancock funds in the complex (except as discussed below) with respect to the John Hancock underlying funds in which the fund invests (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 funds that are not participating portfolios are each of the funds of funds of the Trust and John Hancock Variable Insurance Trust. The funds of funds also benefit from such overall management fee waiver through their investment in underlying funds that include certain of the participating portfolios, which are subject to reimbursement; |
(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 Trust (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 fees for the fund and to the extent available, comparable fee information prepared by an independent third party provider of fund data. |
36 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 37 |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that the subadvisory fees are paid by the Advisor not the fund. |
38 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 39 |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
40 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 41 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
42 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 43 |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
44 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Christopher Walsh, CFA
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
ANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 45 |
GOVERNANCE FUNDS
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MF2406839 | 345A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 1 |
2 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
Microsoft Corp. | 12.5 |
Amazon.com, Inc. | 10.8 |
Apple, Inc. | 10.0 |
Alphabet, Inc., Class C | 9.8 |
Tesla, Inc. | 5.1 |
UnitedHealth Group, Inc. | 4.2 |
Visa, Inc., Class A | 3.1 |
Meta Platforms, Inc., Class A | 3.1 |
NVIDIA Corp. | 2.4 |
Mastercard, Inc., Class A | 2.4 |
TOTAL | 63.4 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A1 | -34.62 | 8.09 | 12.50 | 47.56 | 224.65 |
Class C1 | -32.24 | 8.41 | 12.46 | 49.75 | 223.56 |
Class 12 | -30.93 | 9.58 | 13.34 | 57.99 | 249.66 |
Class NAV2 | -30.91 | 9.63 | 13.39 | 58.34 | 251.37 |
Index 1† | -11.23 | 11.82 | 13.08 | 74.86 | 241.73 |
Index 2† | -19.06 | 14.78 | 15.09 | 99.21 | 307.83 |
Class A | Class C | Class 1 | Class NAV | |
Gross (%) | 1.19 | 1.89 | 0.82 | 0.77 |
Net (%) | 1.14 | 1.88 | 0.81 | 0.76 |
6 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | |
Class C1,3 | 8-31-12 | 32,356 | 32,356 | 34,173 | 40,783 |
Class 12 | 8-31-12 | 34,966 | 34,966 | 34,173 | 40,783 |
Class NAV2 | 8-31-12 | 35,137 | 35,137 | 34,173 | 40,783 |
1 | Class A and Class C shares were first offered on 3-27-15. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 7 |
8 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $826.00 | $5.25 | 1.14% |
Hypothetical example | 1,000.00 | 1,019.50 | 5.80 | 1.14% | |
Class C | Actual expenses/actual returns | 1,000.00 | 823.00 | 8.59 | 1.87% |
Hypothetical example | 1,000.00 | 1,015.80 | 9.50 | 1.87% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 827.40 | 3.68 | 0.80% |
Hypothetical example | 1,000.00 | 1,021.20 | 4.08 | 0.80% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 827.50 | 3.45 | 0.75% |
Hypothetical example | 1,000.00 | 1,021.40 | 3.82 | 0.75% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 9 |
Shares | Value | ||||
Common stocks 99.5% | $3,552,879,875 | ||||
(Cost $1,854,273,607) | |||||
Communication services 16.5% | 587,762,696 | ||||
Entertainment 1.7% | |||||
Netflix, Inc. (A) | 75,022 | 16,771,918 | |||
Sea, Ltd., ADR (A) | 393,364 | 24,388,568 | |||
Spotify Technology SA (A) | 68,534 | 7,411,952 | |||
The Walt Disney Company (A) | 112,651 | 12,625,924 | |||
Interactive media and services 14.3% | |||||
Alphabet, Inc., Class A (A) | 333,600 | 36,102,192 | |||
Alphabet, Inc., Class C (A) | 3,206,356 | 349,973,757 | |||
Meta Platforms, Inc., Class A (A) | 669,452 | 109,073,814 | |||
Tencent Holdings, Ltd. | 364,900 | 15,081,589 | |||
Wireless telecommunication services 0.5% | |||||
T-Mobile US, Inc. (A) | 113,455 | 16,332,982 | |||
Consumer discretionary 21.2% | 755,127,583 | ||||
Automobiles 5.1% | |||||
Tesla, Inc. (A) | 655,938 | 180,783,072 | |||
Hotels, restaurants and leisure 1.5% | |||||
Booking Holdings, Inc. (A) | 10,319 | 19,356,483 | |||
Chipotle Mexican Grill, Inc. (A) | 21,622 | 34,526,010 | |||
Internet and direct marketing retail 11.0% | |||||
Amazon.com, Inc. (A) | 3,039,140 | 385,271,778 | |||
DoorDash, Inc., Class A (A) | 128,162 | 7,676,904 | |||
Multiline retail 1.0% | |||||
Dollar General Corp. | 144,900 | 34,402,158 | |||
Specialty retail 1.3% | |||||
Carvana Company (A)(B) | 284,608 | 9,389,218 | |||
Ross Stores, Inc. | 326,127 | 28,134,976 | |||
The TJX Companies, Inc. | 117,629 | 7,334,168 | |||
Textiles, apparel and luxury goods 1.3% | |||||
Lululemon Athletica, Inc. (A) | 74,263 | 22,275,929 | |||
NIKE, Inc., Class B | 244,029 | 25,976,887 | |||
Financials 3.4% | 122,113,525 | ||||
Capital markets 2.6% | |||||
MSCI, Inc. | 10,303 | 4,628,520 | |||
S&P Global, Inc. | 65,643 | 23,118,152 | |||
The Charles Schwab Corp. | 321,303 | 22,796,448 | |||
The Goldman Sachs Group, Inc. | 125,213 | 41,654,609 |
10 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Financials (continued) | |||||
Insurance 0.8% | |||||
Chubb, Ltd. | 72,158 | $13,641,470 | |||
Marsh & McLennan Companies, Inc. | 100,851 | 16,274,326 | |||
Health care 12.6% | 450,680,107 | ||||
Health care equipment and supplies 2.4% | |||||
Align Technology, Inc. (A) | 17,703 | 4,314,221 | |||
Intuitive Surgical, Inc. (A) | 235,098 | 48,369,063 | |||
Stryker Corp. | 131,924 | 27,070,805 | |||
Teleflex, Inc. | 34,627 | 7,834,705 | |||
Health care providers and services 5.1% | |||||
Humana, Inc. | 63,513 | 30,599,293 | |||
UnitedHealth Group, Inc. | 290,760 | 151,000,391 | |||
Health care technology 0.3% | |||||
Veeva Systems, Inc., Class A (A) | 55,210 | 11,004,457 | |||
Life sciences tools and services 2.1% | |||||
Danaher Corp. | 181,733 | 49,051,554 | |||
Thermo Fisher Scientific, Inc. | 48,587 | 26,495,463 | |||
Pharmaceuticals 2.7% | |||||
AstraZeneca PLC, ADR | 182,906 | 11,409,676 | |||
Eli Lilly & Company | 207,157 | 62,401,903 | |||
Zoetis, Inc. | 134,981 | 21,128,576 | |||
Industrials 0.6% | 21,538,514 | ||||
Commercial services and supplies 0.2% | |||||
Cintas Corp. | 13,782 | 5,607,069 | |||
Industrial conglomerates 0.3% | |||||
General Electric Company | 146,250 | 10,740,600 | |||
Professional services 0.1% | |||||
TransUnion | 70,270 | 5,190,845 | |||
Information technology 44.3% | 1,582,815,884 | ||||
Electronic equipment, instruments and components 0.2% | |||||
TE Connectivity, Ltd. | 55,813 | 7,044,159 | |||
IT services 7.5% | |||||
Adyen NV (A)(C) | 3,417 | 5,272,925 | |||
Affirm Holdings, Inc. (A)(B) | 159,229 | 3,730,735 | |||
Block, Inc. (A) | 179,711 | 12,383,885 | |||
Mastercard, Inc., Class A | 260,710 | 84,566,503 | |||
MongoDB, Inc. (A) | 66,220 | 21,379,789 | |||
PayPal Holdings, Inc. (A) | 114,536 | 10,702,244 | |||
Shopify, Inc., Class A (A) | 378,970 | 11,994,401 | |||
Snowflake, Inc., Class A (A) | 45,703 | 8,269,958 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 11 |
Shares | Value | ||||
Information technology (continued) | |||||
IT services (continued) | |||||
Visa, Inc., Class A | 553,552 | $109,996,318 | |||
Semiconductors and semiconductor equipment 6.0% | |||||
Advanced Micro Devices, Inc. (A) | 418,619 | 35,528,195 | |||
ASML Holding NV, NYRS | 66,083 | 32,376,705 | |||
Marvell Technology, Inc. | 284,486 | 13,319,635 | |||
Monolithic Power Systems, Inc. | 39,762 | 18,019,343 | |||
NVIDIA Corp. | 573,097 | 86,503,261 | |||
Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 138,001 | 11,502,383 | |||
Texas Instruments, Inc. | 115,109 | 19,017,158 | |||
Software 20.6% | |||||
Atlassian Corp. PLC, Class A (A) | 94,517 | 23,408,080 | |||
Bill.com Holdings, Inc. (A) | 127,277 | 20,603,601 | |||
Confluent, Inc., Class A (A) | 141,500 | 3,871,440 | |||
Crowdstrike Holdings, Inc., Class A (A) | 23,477 | 4,287,135 | |||
Datadog, Inc., Class A (A) | 77,452 | 8,128,587 | |||
Fortinet, Inc. (A) | 190,380 | 9,269,602 | |||
HashiCorp, Inc., Class A (A)(B) | 40,757 | 1,440,760 | |||
Intuit, Inc. | 151,324 | 65,338,677 | |||
Microsoft Corp. | 1,708,944 | 446,837,587 | |||
Paycom Software, Inc. (A) | 10,026 | 3,521,131 | |||
Roper Technologies, Inc. | 49,979 | 20,120,546 | |||
ServiceNow, Inc. (A) | 181,986 | 79,094,755 | |||
Synopsys, Inc. (A) | 143,005 | 49,482,590 | |||
Technology hardware, storage and peripherals 10.0% | |||||
Apple, Inc. | 2,263,095 | 355,803,796 | |||
Materials 0.8% | 29,590,602 | ||||
Chemicals 0.8% | |||||
Linde PLC | 56,931 | 16,103,503 | |||
The Sherwin-Williams Company | 58,109 | 13,487,099 | |||
Real estate 0.1% | 3,250,964 | ||||
Real estate management and development 0.1% | |||||
Opendoor Technologies, Inc. (A) | 750,800 | 3,250,964 | |||
Rate (%) | Maturity date | Par value^ | Value | ||
Corporate bonds 0.2% | $6,895,698 | ||||
(Cost $8,660,000) | |||||
Consumer discretionary 0.2% | 6,895,698 | ||||
Specialty retail 0.2% | |||||
Carvana Company (C) | 10.250 | 05-01-30 | 8,660,000 | 6,895,698 | |
12 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Yield (%) | Shares | Value | |||
Short-term investments 0.6% | $21,687,948 | ||||
(Cost $21,688,487) | |||||
Short-term funds 0.6% | 21,687,948 | ||||
John Hancock Collateral Trust (D) | 2.3160(E) | 1,070,849 | 10,701,419 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 2.2409(E) | 580,788 | 580,788 | ||
T. Rowe Price Government Reserve Fund | 2.3595(E) | 10,405,741 | 10,405,741 |
Total investments (Cost $1,884,622,094) 100.3% | $3,581,463,521 | ||||
Other assets and liabilities, net (0.3%) | (11,036,669) | ||||
Total net assets 100.0% | $3,570,426,852 |
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 |
NYRS | New York Registry Shares |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 8-31-22. |
(C) | These securities are 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. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(E) | The rate shown is the annualized seven-day yield as of 8-31-22. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 13 |
Assets | |
Unaffiliated investments, at value (Cost $1,873,920,136) including $11,985,261 of securities loaned | $3,570,762,102 |
Affiliated investments, at value (Cost $10,701,958) | 10,701,419 |
Total investments, at value (Cost $1,884,622,094) | 3,581,463,521 |
Foreign currency, at value (Cost $13) | 12 |
Dividends and interest receivable | 2,418,198 |
Receivable for fund shares sold | 406,564 |
Receivable for securities lending income | 10,150 |
Receivable from affiliates | 18,982 |
Other assets | 223,795 |
Total assets | 3,584,541,222 |
Liabilities | |
Payable for investments purchased | 392 |
Payable for fund shares repurchased | 2,516,176 |
Payable upon return of securities loaned | 10,714,254 |
Payable to affiliates | |
Accounting and legal services fees | 130,280 |
Transfer agent fees | 97,653 |
Trustees’ fees | 3,294 |
Other liabilities and accrued expenses | 652,321 |
Total liabilities | 14,114,370 |
Net assets | $3,570,426,852 |
Net assets consist of | |
Paid-in capital | $1,735,955,631 |
Total distributable earnings (loss) | 1,834,471,221 |
Net assets | $3,570,426,852 |
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 ($781,878,514 ÷ 20,437,978 shares)1 | $38.26 |
Class C ($56,073,020 ÷ 1,582,643 shares)1 | $35.43 |
Class 1 ($1,555,773,316 ÷ 39,389,505 shares) | $39.50 |
Class NAV ($1,176,702,002 ÷ 29,665,478 shares) | $39.67 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $40.27 |
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. |
14 | JOHN HANCOCK Blue Chip Growth Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $18,053,654 |
Interest | 358,951 |
Securities lending | 131,629 |
Less foreign taxes withheld | (123,998) |
Total investment income | 18,420,236 |
Expenses | |
Investment management fees | 33,321,972 |
Distribution and service fees | 4,798,039 |
Accounting and legal services fees | 656,044 |
Transfer agent fees | 1,238,431 |
Trustees’ fees | 79,205 |
Custodian fees | 601,927 |
State registration fees | 80,754 |
Printing and postage | 117,388 |
Professional fees | 202,466 |
Other | 140,799 |
Total expenses | 41,237,025 |
Less expense reductions | (1,804,823) |
Net expenses | 39,432,202 |
Net investment loss | (21,011,966) |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 319,107,929 |
Affiliated investments | (12,081) |
Capital gain distributions received from affiliated investments | 1,897 |
319,097,745 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (1,964,103,245) |
Affiliated investments | (830) |
(1,964,104,075) | |
Net realized and unrealized loss | (1,645,006,330) |
Decrease in net assets from operations | $(1,666,018,296) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 15 |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment loss | $(21,011,966) | $(26,180,004) |
Net realized gain | 319,097,745 | 764,908,398 |
Change in net unrealized appreciation (depreciation) | (1,964,104,075) | 347,211,244 |
Increase (decrease) in net assets resulting from operations | (1,666,018,296) | 1,085,939,638 |
Distributions to shareholders | ||
From earnings | ||
Class A | (170,511,454) | (44,997,858) |
Class C | (14,757,655) | (4,621,610) |
Class 1 | (347,785,194) | (106,252,592) |
Class NAV | (225,193,801) | (76,844,497) |
Total distributions | (758,248,104) | (232,716,557) |
From fund share transactions | 392,096,995 | (370,499,190) |
Total increase (decrease) | (2,032,169,405) | 482,723,891 |
Net assets | ||
Beginning of year | 5,602,596,257 | 5,119,872,366 |
End of year | $3,570,426,852 | $5,602,596,257 |
16 | JOHN HANCOCK Blue Chip Growth Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $65.28 | $55.94 | $40.48 | $42.40 | $38.65 |
Net investment loss1 | (0.36) | (0.45) | (0.23) | (0.12) | (0.16) |
Net realized and unrealized gain (loss) on investments | (17.44) | 12.43 | 16.33 | 0.84 | 9.76 |
Total from investment operations | (17.80) | 11.98 | 16.10 | 0.72 | 9.60 |
Less distributions | |||||
From net realized gain | (9.22) | (2.64) | (0.64) | (2.64) | (5.85) |
Net asset value, end of period | $38.26 | $65.28 | $55.94 | $40.48 | $42.40 |
Total return (%)2,3 | (31.17) | 22.34 | 40.25 | 3.14 | 27.50 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $782 | $1,190 | $943 | $579 | $477 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.19 | 1.19 | 1.21 | 1.20 | 1.20 |
Expenses including reductions | 1.14 | 1.14 | 1.14 | 1.14 | 1.14 |
Net investment loss | (0.73) | (0.79) | (0.52) | (0.30) | (0.40) |
Portfolio turnover (%) | 20 | 33 | 28 | 38 | 25 |
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 | ANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 17 |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $61.56 | $53.27 | $38.86 | $41.11 | $37.89 |
Net investment loss1 | (0.67) | (0.81) | (0.53) | (0.39) | (0.43) |
Net realized and unrealized gain (loss) on investments | (16.24) | 11.74 | 15.58 | 0.78 | 9.50 |
Total from investment operations | (16.91) | 10.93 | 15.05 | 0.39 | 9.07 |
Less distributions | |||||
From net realized gain | (9.22) | (2.64) | (0.64) | (2.64) | (5.85) |
Net asset value, end of period | $35.43 | $61.56 | $53.27 | $38.86 | $41.11 |
Total return (%)2,3 | (31.67) | 21.46 | 39.22 | 2.40 | 26.56 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $56 | $103 | $100 | $74 | $66 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.89 | 1.89 | 1.91 | 1.90 | 1.90 |
Expenses including reductions | 1.85 | 1.85 | 1.88 | 1.87 | 1.86 |
Net investment loss | (1.45) | (1.50) | (1.26) | (1.03) | (1.12) |
Portfolio turnover (%) | 20 | 33 | 28 | 38 | 25 |
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. |
18 | JOHN HANCOCK Blue Chip Growth Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS 1 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $66.87 | $57.05 | $41.13 | $42.89 | $38.92 |
Net investment income (loss)1 | (0.20) | (0.25) | (0.08) | 0.01 | (0.03) |
Net realized and unrealized gain (loss) on investments | (17.95) | 12.71 | 16.64 | 0.87 | 9.85 |
Total from investment operations | (18.15) | 12.46 | 16.56 | 0.88 | 9.82 |
Less distributions | |||||
From net realized gain | (9.22) | (2.64) | (0.64) | (2.64) | (5.85) |
Net asset value, end of period | $39.50 | $66.87 | $57.05 | $41.13 | $42.89 |
Total return (%)2 | (30.93) | 22.76 | 40.74 | 3.50 | 27.92 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1,556 | $2,621 | $2,345 | $1,804 | $1,763 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.83 | 0.82 | 0.84 | 0.84 | 0.84 |
Expenses including reductions | 0.79 | 0.79 | 0.80 | 0.81 | 0.80 |
Net investment income (loss) | (0.39) | (0.43) | (0.18) | 0.04 | (0.07) |
Portfolio turnover (%) | 20 | 33 | 28 | 38 | 25 |
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 | ANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 19 |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $67.08 | $57.20 | $41.22 | $42.95 | $38.95 |
Net investment income (loss)1 | (0.17) | (0.22) | (0.06) | 0.04 | (0.01) |
Net realized and unrealized gain (loss) on investments | (18.02) | 12.74 | 16.68 | 0.87 | 9.86 |
Total from investment operations | (18.19) | 12.52 | 16.62 | 0.91 | 9.85 |
Less distributions | |||||
From net realized gain | (9.22) | (2.64) | (0.64) | (2.64) | (5.85) |
Net asset value, end of period | $39.67 | $67.08 | $57.20 | $41.22 | $42.95 |
Total return (%)2 | (30.91) | 22.81 | 40.80 | 3.57 | 27.98 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1,177 | $1,689 | $1,732 | $1,501 | $882 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.78 | 0.77 | 0.79 | 0.79 | 0.79 |
Expenses including reductions | 0.74 | 0.74 | 0.75 | 0.76 | 0.75 |
Net investment income (loss) | (0.33) | (0.38) | (0.14) | 0.09 | (0.02) |
Portfolio turnover (%) | 20 | 33 | 28 | 38 | 25 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
20 | JOHN HANCOCK Blue Chip Growth Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
ANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 21 |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $587,762,696 | $572,681,107 | $15,081,589 | — |
Consumer discretionary | 755,127,583 | 755,127,583 | — | — |
Financials | 122,113,525 | 122,113,525 | — | — |
Health care | 450,680,107 | 450,680,107 | — | — |
Industrials | 21,538,514 | 21,538,514 | — | — |
Information technology | 1,582,815,884 | 1,577,542,959 | 5,272,925 | — |
Materials | 29,590,602 | 29,590,602 | — | — |
Real estate | 3,250,964 | 3,250,964 | — | — |
Corporate bonds | 6,895,698 | — | 6,895,698 | — |
Short-term investments | 21,687,948 | 21,687,948 | — | — |
Total investments in securities | $3,581,463,521 | $3,554,213,309 | $27,250,212 | — |
22 | JOHN HANCOCK Blue Chip Growth Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 23 |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $27,135,531 | — |
Long-term capital gains | 731,112,573 | $232,716,557 |
Total | $758,248,104 | $232,716,557 |
24 | JOHN HANCOCK Blue Chip Growth Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 25 |
Class | Expense reduction |
Class A | $523,444 |
Class C | 28,440 |
Class 1 | 743,385 |
Class | Expense reduction |
Class NAV | $509,554 |
Total | $1,804,823 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class C | 1.00% |
Class 1 | 0.05% |
26 | JOHN HANCOCK Blue Chip Growth Fund | ANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $2,980,308 | $1,147,536 |
Class C | 788,093 | 90,895 |
Class 1 | 1,029,638 | — |
Total | $4,798,039 | $1,238,431 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $11,200,000 | 2 | 0.703% | $437 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 3,431,020 | $171,420,145 | 3,801,438 | $216,126,746 |
Distributions reinvested | 3,218,519 | 170,195,268 | 823,022 | 44,978,176 |
Repurchased | (4,440,500) | (206,763,003) | (3,246,136) | (183,808,918) |
Net increase | 2,209,039 | $134,852,410 | 1,378,324 | $77,296,004 |
Class C shares | ||||
Sold | 94,743 | $4,355,179 | 154,825 | $8,336,053 |
Distributions reinvested | 299,688 | 14,750,650 | 88,999 | 4,610,139 |
Repurchased | (478,853) | (20,919,343) | (449,648) | (24,158,307) |
Net decrease | (84,422) | $(1,813,514) | (205,824) | $(11,212,115) |
ANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 27 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class 1 shares | ||||
Sold | 373,938 | $20,141,445 | 1,148,589 | $66,909,656 |
Distributions reinvested | 6,386,067 | 347,785,194 | 1,902,804 | 106,252,592 |
Repurchased | (6,558,164) | (329,839,555) | (4,976,073) | (289,586,756) |
Net increase (decrease) | 201,841 | $38,087,084 | (1,924,680) | $(116,424,508) |
Class NAV shares | ||||
Sold | 2,761,489 | $125,279,645 | 1,191,699 | $69,595,672 |
Distributions reinvested | 4,118,394 | 225,193,801 | 1,372,223 | 76,844,497 |
Repurchased | (2,398,771) | (129,502,431) | (7,660,785) | (466,598,740) |
Net increase (decrease) | 4,481,112 | $220,971,015 | (5,096,863) | $(320,158,571) |
Total net increase (decrease) | 6,807,570 | $392,096,995 | (5,849,043) | $(370,499,190) |
Fund | Affiliated Concentration |
JHF II Multimanager Lifestyle Growth Portfolio | 11.6% |
JHF II Multimanager Lifestyle Balanced Portfolio | 7.3% |
JHF II Multimanager Lifestyle Aggressive Portfolio | 5.1% |
28 | JOHN HANCOCK Blue Chip Growth Fund | ANNUAL REPORT |
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* | 1,070,849 | $1,042,968 | $182,888,618 | $(173,217,256) | $(12,081) | $(830) | $131,629 | $1,897 | $10,701,419 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
ANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 29 |
30 | JOHN HANCOCK Blue Chip Growth Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 31 |
32 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 33 |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
34 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
(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 |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 35 |
(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 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 Trust (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 Trust’s Advisor and Subadvisor. |
36 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 37 |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index over the longer term; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that 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. |
38 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 39 |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
40 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 41 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
42 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 43 |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
44 | JOHN HANCOCK BLUE CHIP GROWTH FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
ANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 45 |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406845 | 457A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 1 |
2 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 3 |
4 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
TOP 10 ISSUERS AS OF 8/31/2022 (% of net assets) | |
Petroleos Mexicanos | 4.1 |
Pertamina Persero PT | 4.0 |
Republic of Turkey | 3.3 |
Kingdom of Saudi Arabia | 2.8 |
Arab Republic of Egypt | 2.5 |
Petrobras Global Finance BV | 2.5 |
Sultanate of Oman | 2.3 |
Federative Republic of Brazil | 2.1 |
State of Qatar | 2.0 |
Mexico City Airport Trust | 2.0 |
TOTAL | 27.6 |
Cash and cash equivalents are not included. |
TOP 10 COUNTRIES AS OF 8/31/2022 (% of net assets) | |
Mexico | 11.8 |
Brazil | 7.0 |
Indonesia | 5.8 |
Luxembourg | 4.3 |
Peru | 4.0 |
Turkey | 4.0 |
Netherlands | 3.4 |
Dominican Republic | 3.2 |
India | 2.8 |
Colombia | 2.8 |
TOTAL | 49.1 |
Cash and cash equivalents are not included. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 5 |
6 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | |||||
1-year | 5-year | 10-year | 5-year | 10-year | as of 8-31-22 | as of 8-31-22 | ||
Class A | -22.74 | -2.38 | 0.98 | -11.34 | 10.22 | 6.80 | 6.79 | |
Class C1 | -20.81 | -2.25 | 0.81 | -10.74 | 8.44 | 6.31 | 6.30 | |
Class I2 | -19.30 | -1.29 | 1.72 | -6.28 | 18.61 | 7.33 | 7.33 | |
Class R21,2 | -19.32 | -1.50 | 1.48 | -7.27 | 15.86 | 7.23 | 7.22 | |
Class R61,2 | -19.04 | -1.17 | 1.72 | -5.69 | 18.59 | 7.45 | 7.44 | |
Class NAV1,2 | -19.14 | -1.17 | 1.80 | -5.73 | 19.57 | 7.47 | 7.47 | |
Index†† | -18.82 | -1.08 | 1.74 | -5.28 | 18.77 | — | — |
Class A | Class C | Class I | Class R2 | Class R6 | Class NAV | |
Gross (%) | 1.17 | 1.87 | 0.87 | 1.27 | 0.77 | 0.76 |
Net (%) | 1.16 | 1.86 | 0.86 | 1.26 | 0.76 | 0.75 |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 7 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 8-31-12 | 10,844 | 10,844 | 11,877 |
Class I2 | 8-31-12 | 11,861 | 11,861 | 11,877 |
Class R21,2 | 8-31-12 | 11,586 | 11,586 | 11,877 |
Class R61,2 | 8-31-12 | 11,859 | 11,859 | 11,877 |
Class NAV1,2 | 8-31-12 | 11,957 | 11,957 | 11,877 |
1 | Class R2 and Class R6 shares were first offered on 3-27-15. Class C and Class NAV shares were first offered on 8-28-14 and 6-20-13, respectively. Returns prior to these dates are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
8 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 9 |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $899.50 | $5.70 | 1.19% |
Hypothetical example | 1,000.00 | 1,019.20 | 6.06 | 1.19% | |
Class C | Actual expenses/actual returns | 1,000.00 | 897.30 | 8.99 | 1.88% |
Hypothetical example | 1,000.00 | 1,015.70 | 9.55 | 1.88% | |
Class I | Actual expenses/actual returns | 1,000.00 | 900.80 | 4.22 | 0.88% |
Hypothetical example | 1,000.00 | 1,020.80 | 4.48 | 0.88% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 900.10 | 4.89 | 1.02% |
Hypothetical example | 1,000.00 | 1,020.10 | 5.19 | 1.02% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 902.40 | 3.74 | 0.78% |
Hypothetical example | 1,000.00 | 1,021.30 | 3.97 | 0.78% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 901.30 | 3.64 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.40 | 3.87 | 0.76% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
10 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
Foreign government obligations 37.2% | $347,780,413 | ||||
(Cost $472,606,170) | |||||
Angola 0.2% | 2,250,000 | ||||
Republic of Angola | |||||
Bond (A) | 9.125 | 11-26-49 | 3,000,000 | 2,250,000 | |
Argentina 2.4% | 21,999,067 | ||||
Provincia de Buenos Aires | |||||
Bond (3.900% to 9-1-22, then 5.250% to 9-1-23, then 6.375% to 9-1-24, then 6.625% thereafter) (A) | 3.900 | 09-01-37 | 10,689,333 | 3,719,768 | |
Provincia de Rio Negro | |||||
Bond (4.875% to 9-10-22, then 6.625% to 9-10-23, then 6.875% thereafter) (A) | 4.875 | 03-10-28 | 2,462,111 | 1,514,198 | |
Republic of Argentina | |||||
Bond (0.500% to 7-9-23, then 0.750% to 7-9-27, then 1.750% thereafter) | 0.500 | 07-09-30 | 9,390,259 | 2,230,177 | |
Bond (1.500% to 7-9-23, then 3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.375% to 7-9-28, then 5.000% thereafter) | 1.500 | 07-09-46 | 4,300,000 | 980,337 | |
Bond (1.500% to 7-9-23, then 3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter) | 1.500 | 07-09-35 | 27,207,840 | 6,118,257 | |
Bond (3.875% to 7-9-23, then 4.250% to 7-9-24, then 5.000% thereafter) | 3.875 | 01-09-38 | 26,540,579 | 7,436,330 | |
Armenia 0.3% | 2,876,400 | ||||
Republic of Armenia | |||||
Bond (A) | 3.600 | 02-02-31 | 4,000,000 | 2,876,400 | |
Bahrain 1.8% | 17,188,994 | ||||
Kingdom of Bahrain | |||||
Bond (A) | 5.250 | 01-25-33 | 6,000,000 | 4,981,680 | |
Bond (A) | 7.000 | 10-12-28 | 3,450,000 | 3,468,930 | |
Bond (A) | 7.375 | 05-14-30 | 8,700,000 | 8,738,384 | |
Brazil 2.1% | 19,804,940 | ||||
Federative Republic of Brazil | |||||
Bond | 5.625 | 01-07-41 | 4,300,000 | 3,670,885 | |
Note | 10.000 | 01-01-27 | BRL | 88,000,000 | 16,134,055 |
Colombia 1.3% | 12,533,158 | ||||
Republic of Colombia |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Colombia (continued) | |||||
Bond (B) | 3.125 | 04-15-31 | 7,770,000 | $5,858,693 | |
Bond | 5.000 | 06-15-45 | 6,900,000 | 4,632,600 | |
Bond | 5.200 | 05-15-49 | 3,000,000 | 2,041,865 | |
Costa Rica 0.1% | 996,260 | ||||
Republic of Costa Rica | |||||
Bond | 4.250 | 01-26-23 | 1,000,000 | 996,260 | |
Dominican Republic 2.0% | 18,509,017 | ||||
Government of Dominican Republic | |||||
Bond (A) | 5.300 | 01-21-41 | 5,000,000 | 3,702,112 | |
Bond (A) | 5.875 | 01-30-60 | 5,350,000 | 3,780,784 | |
Bond | 5.875 | 01-30-60 | 1,500,000 | 1,060,033 | |
Bond (A) | 5.950 | 01-25-27 | 1,500,000 | 1,464,868 | |
Bond | 5.950 | 01-25-27 | 900,000 | 878,921 | |
Bond | 6.850 | 01-27-45 | 5,800,000 | 4,910,477 | |
Bond (A) | 6.875 | 01-29-26 | 2,650,000 | 2,711,822 | |
Egypt 2.5% | 23,204,033 | ||||
Arab Republic of Egypt | |||||
Bond (A) | 3.875 | 02-16-26 | 5,000,000 | 3,938,880 | |
Bond (A) | 5.875 | 06-11-25 | 3,000,000 | 2,617,538 | |
Bond (A) | 7.500 | 01-31-27 | 3,700,000 | 3,130,629 | |
Bond (A) | 7.903 | 02-21-48 | 9,200,000 | 5,528,538 | |
Bond | 7.903 | 02-21-48 | 2,000,000 | 1,201,856 | |
Bond | 8.500 | 01-31-47 | 4,600,000 | 2,926,612 | |
Bond (A) | 8.875 | 05-29-50 | 6,000,000 | 3,859,980 | |
El Salvador 0.2% | 1,830,653 | ||||
Republic of El Salvador | |||||
Bond | 9.500 | 07-15-52 | 5,000,000 | 1,830,653 | |
Georgia 0.1% | 864,788 | ||||
Republic of Georgia | |||||
Bond (A) | 2.750 | 04-22-26 | 1,000,000 | 864,788 | |
Ghana 0.6% | 5,480,300 | ||||
Republic of Ghana | |||||
Bond | 7.625 | 05-16-29 | 3,275,000 | 1,238,461 | |
Bond (A) | 7.875 | 02-11-35 | 1,200,000 | 423,792 | |
Bond | 8.125 | 01-18-26 | 3,150,000 | 1,933,155 | |
Bond | 8.950 | 03-26-51 | 5,300,000 | 1,884,892 | |
Honduras 0.1% | 891,717 | ||||
Republic of Honduras | |||||
Bond (A) | 6.250 | 01-19-27 | 1,050,000 | 891,717 | |
Indonesia 1.0% | 9,155,134 | ||||
Republic of Indonesia | |||||
Bond (A) | 4.750 | 01-08-26 | 6,350,000 | 6,453,737 |
12 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Indonesia (continued) | |||||
Bond | 6.625 | 02-17-37 | 2,421,000 | $2,701,397 | |
Iraq 0.7% | 6,915,954 | ||||
Republic of Iraq | |||||
Bond | 5.800 | 01-15-28 | 6,928,625 | 5,758,365 | |
Bond (A) | 6.752 | 03-09-23 | 1,200,000 | 1,157,589 | |
Ivory Coast 0.7% | 6,319,959 | ||||
Republic of Ivory Coast | |||||
Bond (A) | 4.875 | 01-30-32 | EUR | 8,350,000 | 6,319,959 |
Kenya 0.5% | 4,322,990 | ||||
Republic of Kenya | |||||
Bond (A) | 8.000 | 05-22-32 | 3,000,000 | 2,219,640 | |
Bond (A) | 8.250 | 02-28-48 | 3,100,000 | 2,103,350 | |
Mexico 1.0% | 8,927,895 | ||||
Government of Mexico | |||||
Bond | 4.600 | 01-23-46 | 11,000,000 | 8,927,895 | |
Morocco 0.5% | 4,218,500 | ||||
Kingdom of Morocco | |||||
Bond (A) | 4.000 | 12-15-50 | 6,500,000 | 4,218,500 | |
Namibia 0.3% | 3,049,647 | ||||
Republic of Namibia | |||||
Bond (A) | 5.250 | 10-29-25 | 3,400,000 | 3,049,647 | |
Nigeria 1.7% | 15,766,446 | ||||
Federal Republic of Nigeria | |||||
Bond | 7.625 | 11-28-47 | 2,550,000 | 1,559,573 | |
Bond (A) | 7.696 | 02-23-38 | 2,600,000 | 1,659,091 | |
Bond (A) | 7.875 | 02-16-32 | 2,000,000 | 1,439,109 | |
Bond | 7.875 | 02-16-32 | 4,500,000 | 3,237,995 | |
Bond (A) | 8.375 | 03-24-29 | 5,500,000 | 4,350,225 | |
Bond | 9.248 | 01-21-49 | 5,000,000 | 3,520,453 | |
Oman 2.3% | 21,925,137 | ||||
Sultanate of Oman | |||||
Bond | 5.625 | 01-17-28 | 6,000,000 | 5,903,186 | |
Bond | 6.750 | 01-17-48 | 11,500,000 | 10,262,826 | |
Bond (A) | 7.000 | 01-25-51 | 6,250,000 | 5,759,125 | |
Panama 0.5% | 4,466,878 | ||||
Republic of Panama | |||||
Bond | 6.700 | 01-26-36 | 3,050,000 | 3,281,877 | |
Bond | 8.875 | 09-30-27 | 1,000,000 | 1,185,001 | |
Peru 0.2% | 2,234,246 | ||||
Republic of Peru | |||||
Bond | 3.550 | 03-10-51 | 3,000,000 | 2,234,246 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Philippines 0.8% | $7,791,011 | ||||
Republic of the Philippines | |||||
Bond | 3.950 | 01-20-40 | 8,600,000 | 7,791,011 | |
Qatar 2.0% | 19,136,145 | ||||
State of Qatar | |||||
Bond | 4.500 | 04-23-28 | 4,100,000 | 4,270,742 | |
Bond (A) | 4.817 | 03-14-49 | 10,000,000 | 10,318,800 | |
Bond (A) | 5.103 | 04-23-48 | 4,250,000 | 4,546,603 | |
Saudi Arabia 2.8% | 25,913,756 | ||||
Kingdom of Saudi Arabia | |||||
Bond (A) | 2.250 | 02-02-33 | 7,760,000 | 6,656,885 | |
Bond (A) | 5.250 | 01-16-50 | 18,650,000 | 19,256,871 | |
Senegal 0.3% | 2,508,704 | ||||
Republic of Senegal | |||||
Bond (A) | 6.250 | 05-23-33 | 1,600,000 | 1,294,815 | |
Bond | 6.250 | 05-23-33 | 1,500,000 | 1,213,889 | |
Serbia 0.1% | 935,298 | ||||
Republic of Serbia | |||||
Bond (A) | 2.125 | 12-01-30 | 1,300,000 | 935,298 | |
South Africa 1.6% | 14,855,444 | ||||
Republic of South Africa | |||||
Bond | 4.300 | 10-12-28 | 3,300,000 | 2,922,918 | |
Bond | 5.875 | 04-20-32 | 8,000,000 | 7,120,800 | |
Bond | 7.300 | 04-20-52 | 5,800,000 | 4,811,726 | |
South Korea 1.1% | 10,630,191 | ||||
Korea Development Bank | |||||
Bond | 4.250 | 09-08-32 | 10,650,000 | 10,630,191 | |
Sri Lanka 0.3% | 2,489,501 | ||||
Republic of Sri Lanka | |||||
Bond (C) | 6.750 | 04-18-28 | 7,500,000 | 2,489,501 | |
Turkey 4.0% | 37,208,556 | ||||
Istanbul Metropolitan Municipality | |||||
Bond (A)(B) | 6.375 | 12-09-25 | 8,150,000 | 6,556,341 | |
Republic of Turkey | |||||
Bond | 4.250 | 04-14-26 | 9,000,000 | 7,469,082 | |
Bond | 5.875 | 06-26-31 | 10,000,000 | 7,373,000 | |
Bond | 5.950 | 01-15-31 | 5,000,000 | 3,734,000 | |
Bond | 6.000 | 01-14-41 | 18,650,000 | 12,076,133 | |
Ukraine 0.5% | 4,883,968 | ||||
Republic of Ukraine | |||||
Bond (A)(C) | 7.253 | 03-15-35 | 22,800,000 | 3,845,448 | |
GDP-Linked Bond (D)* | (0.304) | 08-01-41 | 3,500,000 | 1,038,520 |
14 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Uzbekistan 0.6% | $5,695,726 | ||||
Republic of Uzbekistan | |||||
Bond (A) | 3.700 | 11-25-30 | 2,700,000 | 2,095,686 | |
Bond (A) | 5.375 | 02-20-29 | 4,000,000 | 3,600,040 | |
Corporate bonds 53.2% | $496,350,715 | ||||
(Cost $602,344,025) | |||||
Argentina 0.3% | 2,557,160 | ||||
Telecom Argentina SA (A) | 8.000 | 07-18-26 | 2,830,000 | 2,557,160 | |
Austria 1.0% | 9,427,035 | ||||
Klabin Austria GmbH (A)(B) | 4.875 | 09-19-27 | 5,800,000 | 5,644,850 | |
Klabin Austria GmbH (A) | 7.000 | 04-03-49 | 4,000,000 | 3,782,185 | |
Bermuda 0.4% | 3,608,200 | ||||
Investment Energy Resources, Ltd. (A) | 6.250 | 04-26-29 | 4,000,000 | 3,608,200 | |
Brazil 4.9% | 45,809,738 | ||||
Globo Comunicacao e Participacoes SA (A) | 4.875 | 01-22-30 | 6,900,000 | 5,633,888 | |
Globo Comunicacao e Participacoes SA (A) | 5.500 | 01-14-32 | 3,000,000 | 2,451,265 | |
MC Brazil Downstream Trading SARL (A) | 7.250 | 06-30-31 | 6,000,000 | 5,017,500 | |
Odebrecht Holdco Finance, Ltd. (A)(E) | 16.732 | 09-10-58 | 1,671,394 | 5,850 | |
Odebrecht Holdco Finance, Ltd. (E) | 16.732 | 09-10-58 | 1,396,835 | 4,889 | |
Odebrecht Offshore Drilling Finance, Ltd. (A) | 6.720 | 12-01-22 | 52,259 | 51,109 | |
Odebrecht Offshore Drilling Finance, Ltd. (1.000% Cash and 6.720% PIK) (A) | 7.720 | 12-01-26 | 2,128,241 | 500,137 | |
Odebrecht Oil & Gas Finance, Ltd., Zero Coupon (A)(F) | 0.000 | 10-03-22 | 253,378 | 1,014 | |
Petrobras Global Finance BV (B) | 5.093 | 01-15-30 | 7,122,000 | 6,750,232 | |
Petrobras Global Finance BV (B) | 5.600 | 01-03-31 | 7,600,000 | 7,296,000 | |
Petrobras Global Finance BV | 6.850 | 06-05-15 | 10,376,000 | 9,042,684 | |
Vale Overseas, Ltd. | 3.750 | 07-08-30 | 3,000,000 | 2,609,190 | |
Vale Overseas, Ltd. | 6.875 | 11-21-36 | 6,210,000 | 6,445,980 | |
Cayman Islands 0.6% | 5,216,739 | ||||
Latam Finance, Ltd. (A)(C) | 7.000 | 03-01-26 | 5,350,000 | 5,101,746 | |
OEC Finance, Ltd. (A)(F) | 7.500 | 10-03-22 | 1,597,442 | 83,067 | |
OEC Finance, Ltd. (5.250% Cash or 7.875% PIK) | 7.875 | 12-27-33 | 1,277,038 | 31,926 | |
Chile 1.1% | 10,621,250 | ||||
Colbun SA | 3.950 | 10-11-27 | 4,000,000 | 3,785,000 | |
Enel Americas SA | 4.000 | 10-25-26 | 4,000,000 | 3,915,000 | |
Sociedad Quimica y Minera de Chile SA (A) | 4.250 | 05-07-29 | 3,000,000 | 2,921,250 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Colombia 1.5% | $13,592,789 | ||||
Ecopetrol SA | 5.875 | 05-28-45 | 9,700,000 | 6,694,261 | |
Empresas Publicas de Medellin ESP (A) | 4.250 | 07-18-29 | 2,300,000 | 1,887,211 | |
Grupo Energia Bogota SA ESP (A)(B) | 4.875 | 05-15-30 | 2,200,000 | 2,027,567 | |
Promigas SA ESP (A) | 3.750 | 10-16-29 | 3,500,000 | 2,983,750 | |
Costa Rica 0.9% | 8,552,923 | ||||
Instituto Costarricense de Electricidad | 6.375 | 05-15-43 | 10,980,000 | 8,552,923 | |
Dominican Republic 1.2% | 10,846,055 | ||||
Aeropuertos Dominicanos Siglo XXI SA (A) | 6.750 | 03-30-29 | 4,150,000 | 3,914,011 | |
Aeropuertos Dominicanos Siglo XXI SA | 6.750 | 03-30-29 | 7,350,000 | 6,932,044 | |
Guatemala 0.5% | 4,832,900 | ||||
CT Trust (A) | 5.125 | 02-03-32 | 5,600,000 | 4,832,900 | |
Hong Kong 0.5% | 4,273,350 | ||||
Sinochem Overseas Capital Company, Ltd. | 6.300 | 11-12-40 | 4,000,000 | 4,273,350 | |
India 2.8% | 26,400,239 | ||||
Adani Ports & Special Economic Zone, Ltd. (A) | 3.100 | 02-02-31 | 4,500,000 | 3,533,514 | |
Adani Ports & Special Economic Zone, Ltd. (A) | 4.200 | 08-04-27 | 4,100,000 | 3,767,308 | |
Adani Ports & Special Economic Zone, Ltd. (A) | 4.375 | 07-03-29 | 3,500,000 | 3,127,892 | |
Shriram Transport Finance Company, Ltd. (A) | 4.400 | 03-13-24 | 5,700,000 | 5,479,125 | |
Shriram Transport Finance Company, Ltd. (A) | 5.100 | 07-16-23 | 4,000,000 | 3,942,000 | |
Vedanta Resources, Ltd. (A) | 7.125 | 05-31-23 | 4,100,000 | 3,772,000 | |
Vedanta Resources, Ltd. (B) | 7.125 | 05-31-23 | 3,020,000 | 2,778,400 | |
Indonesia 4.8% | 44,597,293 | ||||
Cikarang Listrindo Tbk PT (A) | 4.950 | 09-14-26 | 7,750,000 | 7,249,324 | |
Pertamina Persero PT (A) | 4.700 | 07-30-49 | 7,000,000 | 6,092,237 | |
Pertamina Persero PT | 6.000 | 05-03-42 | 8,200,000 | 8,158,681 | |
Pertamina Persero PT (A) | 6.000 | 05-03-42 | 14,300,000 | 14,227,944 | |
Pertamina Persero PT (A) | 6.450 | 05-30-44 | 8,500,000 | 8,869,107 | |
Luxembourg 4.3% | 40,447,890 | ||||
Atento Luxco 1 SA (A) | 8.000 | 02-10-26 | 7,000,000 | 3,290,000 | |
Hidrovias International Finance SARL (A)(B) | 4.950 | 02-08-31 | 6,000,000 | 4,740,000 | |
Kenbourne Invest SA (A) | 4.700 | 01-22-28 | 6,800,000 | 5,470,864 | |
Kenbourne Invest SA (A) | 6.875 | 11-26-24 | 4,000,000 | 3,874,000 |
16 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Luxembourg (continued) | |||||
Millicom International Cellular SA (A) | 4.500 | 04-27-31 | 758,000 | 621,560 | |
Millicom International Cellular SA (A) | 5.125 | 01-15-28 | 5,220,000 | 4,817,434 | |
Petrorio Luxembourg Trading Sarl (A) | 6.125 | 06-09-26 | 8,750,000 | 8,178,937 | |
Rede D’or Finance Sarl (A) | 4.500 | 01-22-30 | 4,265,000 | 3,774,525 | |
Simpar Europe SA (A) | 5.200 | 01-26-31 | 7,000,000 | 5,680,570 | |
Mauritius 1.5% | $13,589,656 | ||||
HTA Group, Ltd. (A) | 7.000 | 12-18-25 | 4,900,000 | 4,591,888 | |
MTN Mauritius Investments, Ltd. (A) | 4.755 | 11-11-24 | 5,950,000 | 5,946,697 | |
MTN Mauritius Investments, Ltd. | 6.500 | 10-13-26 | 3,000,000 | 3,051,071 | |
Mexico 10.8% | 100,685,568 | ||||
Alpek SAB de CV (A) | 4.250 | 09-18-29 | 2,000,000 | 1,822,500 | |
Banco Mercantil del Norte SA (7.500% to 6-27-29, then 10 Year CMT + 5.470%) (A)(F) | 7.500 | 06-27-29 | 2,200,000 | 2,002,000 | |
Braskem Idesa SAPI (A) | 6.990 | 02-20-32 | 4,790,000 | 3,712,250 | |
Cemex SAB de CV (A) | 3.875 | 07-11-31 | 7,750,000 | 6,526,004 | |
Credito Real SAB de CV (9.125% to 11-29-22, then 5 Year CMT + 7.026%) (C)(F) | 9.125 | 11-29-22 | 3,500,000 | 37,240 | |
Credito Real SAB de CV (A)(B)(C) | 9.500 | 02-07-26 | 11,760,000 | 132,300 | |
Cydsa SAB de CV (A) | 6.250 | 10-04-27 | 7,600,000 | 6,752,334 | |
Cydsa SAB de CV | 6.250 | 10-04-27 | 943,000 | 837,823 | |
Industrias Penoles SAB de CV (A)(B) | 5.650 | 09-12-49 | 5,600,000 | 5,076,456 | |
Infraestructura Energetica Nova SAB de CV (A) | 4.750 | 01-15-51 | 5,700,000 | 4,198,050 | |
Infraestructura Energetica Nova SAB de CV (A) | 4.875 | 01-14-48 | 2,800,000 | 2,086,000 | |
Metalsa SA de CV (A) | 3.750 | 05-04-31 | 3,500,000 | 2,622,486 | |
Mexico City Airport Trust | 3.875 | 04-30-28 | 6,000,000 | 5,377,500 | |
Mexico City Airport Trust (A) | 5.500 | 10-31-46 | 7,100,000 | 5,307,250 | |
Mexico City Airport Trust (A) | 5.500 | 07-31-47 | 6,900,000 | 5,192,250 | |
Mexico City Airport Trust | 5.500 | 07-31-47 | 4,000,000 | 3,010,000 | |
Petroleos Mexicanos | 6.500 | 03-13-27 | 5,300,000 | 4,681,755 | |
Petroleos Mexicanos | 6.625 | 06-15-35 | 10,880,000 | 7,806,400 | |
Petroleos Mexicanos | 7.690 | 01-23-50 | 38,000,000 | 26,182,000 | |
Trust Fibra Uno (A) | 6.950 | 01-30-44 | 6,600,000 | 5,677,320 | |
Unifin Financiera SAB de CV (A)(B) | 8.375 | 01-27-28 | 11,500,000 | 1,645,650 | |
Mongolia 0.3% | 2,590,000 | ||||
Mongolian Mining Corp. Resources LLC (A) | 9.250 | 04-15-24 | 4,000,000 | 2,590,000 | |
Netherlands 3.4% | 32,122,799 | ||||
Braskem Netherlands Finance BV (A) | 4.500 | 01-10-28 | 11,150,000 | 10,377,305 | |
Kazakhstan Temir Zholy Finance BV | 6.950 | 07-10-42 | 4,600,000 | 4,263,134 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Netherlands (continued) | |||||
Metinvest BV | 7.750 | 10-17-29 | 6,500,000 | 3,022,500 | |
Prosus NV (A) | 4.027 | 08-03-50 | 8,870,000 | 5,585,135 | |
VEON Holdings BV (A)(B) | 4.950 | 06-16-24 | 4,350,000 | 3,121,125 | |
VEON Holdings BV (A) | 7.250 | 04-26-23 | 1,800,000 | 1,440,000 | |
VEON Holdings BV | 7.250 | 04-26-23 | 5,392,000 | 4,313,600 | |
Panama 0.8% | $7,618,784 | ||||
AES Panama Generation Holdings SRL (A) | 4.375 | 05-31-30 | 3,500,000 | 3,041,185 | |
Banco General SA (A) | 4.125 | 08-07-27 | 4,750,000 | 4,577,599 | |
Paraguay 0.3% | 2,382,925 | ||||
Telefonica Celular del Paraguay SA (A) | 5.875 | 04-15-27 | 2,500,000 | 2,382,925 | |
Peru 3.8% | 35,874,140 | ||||
Atlantica Transmision Sur SA (A) | 6.875 | 04-30-43 | 5,933,125 | 6,007,289 | |
Banco BBVA Peru SA (5.250% to 9-22-24, then 5 Year CMT + 2.750%) (A) | 5.250 | 09-22-29 | 2,300,000 | 2,237,314 | |
Cia de Minas Buenaventura SAA (A) | 5.500 | 07-23-26 | 4,000,000 | 3,520,000 | |
Consorcio Transmantaro SA (A) | 5.200 | 04-11-38 | 5,000,000 | 4,612,500 | |
InRetail Consumer (A) | 3.250 | 03-22-28 | 6,000,000 | 5,145,000 | |
Kallpa Generacion SA (A)(B) | 4.875 | 05-24-26 | 2,890,000 | 2,800,254 | |
Petroleos del Peru SA (A) | 5.625 | 06-19-47 | 9,180,000 | 6,331,446 | |
Volcan Cia Minera SAA (A) | 4.375 | 02-11-26 | 6,000,000 | 5,220,337 | |
Singapore 1.9% | 17,711,911 | ||||
LLPL Capital Pte, Ltd. (A) | 6.875 | 02-04-39 | 6,143,040 | 5,908,314 | |
Medco Bell Pte, Ltd. (A) | 6.375 | 01-30-27 | 6,800,000 | 6,008,597 | |
Medco Oak Tree Pte, Ltd. (A) | 7.375 | 05-14-26 | 6,100,000 | 5,795,000 | |
Thailand 0.9% | 8,396,252 | ||||
GC Treasury Center Company, Ltd. (A) | 5.200 | 03-30-52 | 3,000,000 | 2,645,884 | |
PTTEP Canada International Finance, Ltd. (A)(B) | 6.350 | 06-12-42 | 2,600,000 | 2,866,452 | |
Thaioil Treasury Center Company, Ltd. (A) | 3.750 | 06-18-50 | 2,000,000 | 1,339,220 | |
Thaioil Treasury Center Company, Ltd. (A) | 5.375 | 11-20-48 | 1,800,000 | 1,544,696 | |
Togo 0.4% | 3,954,305 | ||||
Banque Ouest Africaine de Developpement (A) | 5.000 | 07-27-27 | 4,200,000 | 3,954,305 | |
United Kingdom 1.8% | 17,125,174 | ||||
IHS Holding, Ltd. (A) | 6.250 | 11-29-28 | 5,800,000 | 4,908,424 | |
Liquid Telecommunications Financing PLC (A) | 5.500 | 09-04-26 | 6,000,000 | 5,118,000 |
18 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
United Kingdom (continued) | |||||
MARB BondCo PLC (A) | 3.950 | 01-29-31 | 9,000,000 | 7,098,750 | |
United States 1.8% | $16,996,056 | ||||
ATP Tower Holdings LLC (A)(B) | 4.050 | 04-27-26 | 2,000,000 | 1,755,006 | |
JBS USA LUX SA (A) | 3.625 | 01-15-32 | 5,000,000 | 4,325,050 | |
Kosmos Energy, Ltd. (A) | 7.750 | 05-01-27 | 3,200,000 | 2,768,000 | |
Sasol Financing USA LLC | 5.500 | 03-18-31 | 9,700,000 | 8,148,000 | |
Virgin Islands, British 0.7% | 6,519,584 | ||||
State Grid Overseas Investment 2014, Ltd. | 4.850 | 05-07-44 | 6,235,000 | 6,519,584 | |
Shares | Value | ||||
Common stocks 0.1% | $530,461 | ||||
(Cost $5,909,633) | |||||
Canada 0.1% | 530,461 | ||||
Frontera Energy Corp. (D) | 62,290 | 530,461 | |||
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 11.3% | $106,012,766 | ||||
(Cost $106,016,100) | |||||
U.S. Government Agency 3.9% | 36,640,000 | ||||
Federal Agricultural Mortgage Corp. Discount Note | 2.160 | 09-01-22 | 23,522,000 | 23,522,000 | |
Federal Home Loan Mortgage Corp. Discount Note | 2.000 | 09-01-22 | 13,118,000 | 13,118,000 |
Yield (%) | Shares | Value | |||
Short-term funds 2.1% | 19,322,766 | ||||
John Hancock Collateral Trust (G) | 2.3160(H) | 1,933,553 | 19,322,766 |
Par value^ | Value | ||||
Repurchase agreement 5.3% | 50,050,000 | ||||
Barclays Tri-Party Repurchase Agreement dated 8-31-22 at 2.250% to be repurchased at $50,053,128 on 9-1-22, collateralized by $50,284,800 U.S. Treasury Bills, 0.000% due 8-10-23 (valued at $48,677,698) and $2,558,400 U.S. Treasury Notes, 0.500% due 3-31-25 (valued at $2,376,544) | 50,050,000 | 50,050,000 |
Total investments (Cost $1,186,875,928) 101.8% | $950,674,355 | ||||
Other assets and liabilities, net (1.8%) | (16,752,258) | ||||
Total net assets 100.0% | $933,922,097 |
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. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 19 |
Currency Abbreviations | |
BRL | Brazilian Real |
EUR | Euro |
Security Abbreviations and Legend | |
CMT | Constant Maturity Treasury |
PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
(A) | These securities are 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. Rule 144A securities amounted to $500,131,115 or 53.6% of the fund’s net assets as of 8-31-22. |
(B) | All or a portion of this security is on loan as of 8-31-22. |
(C) | Non-income producing - Issuer is in default. |
(D) | Non-income producing security. |
(E) | Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end. |
(F) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(H) | The rate shown is the annualized seven-day yield as of 8-31-22. |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
20 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
IDR | 73,537,500,000 | USD | 4,889,136 | JPM | 9/21/2022 | $59,643 | — |
MXN | 103,430,000 | USD | 5,007,159 | JPM | 9/21/2022 | 107,707 | — |
USD | 2,438,246 | IDR | 36,768,750,000 | JPM | 9/21/2022 | — | $(36,144) |
USD | 2,461,998 | MXN | 51,715,000 | JPM | 9/21/2022 | — | (95,435) |
$167,350 | $(131,579) |
Derivatives Currency Abbreviations | |
IDR | Indonesian Rupiah |
MXN | Mexican Peso |
USD | U.S. Dollar |
Derivatives Abbreviations | |
JPM | JPMorgan Chase Bank, N.A. |
OTC | Over-the-counter |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 21 |
Assets | |
Unaffiliated investments, at value (Cost $1,167,549,828) including $18,878,607 of securities loaned | $931,351,589 |
Affiliated investments, at value (Cost $19,326,100) | 19,322,766 |
Total investments, at value (Cost $1,186,875,928) | 950,674,355 |
Unrealized appreciation on forward foreign currency contracts | 167,350 |
Cash | 69,285 |
Collateral held at broker for futures contracts | 1,600,000 |
Interest receivable | 13,966,378 |
Receivable for fund shares sold | 48,433 |
Receivable for investments sold | 4,025 |
Receivable for securities lending income | 30,904 |
Other assets | 102,971 |
Total assets | 966,663,701 |
Liabilities | |
Unrealized depreciation on forward foreign currency contracts | 131,579 |
Distributions payable | 48,695 |
Payable for investments purchased | 10,634,216 |
Payable for fund shares repurchased | 2,416,654 |
Payable upon return of securities loaned | 19,359,548 |
Payable to affiliates | |
Accounting and legal services fees | 33,373 |
Transfer agent fees | 2,217 |
Trustees’ fees | 837 |
Other liabilities and accrued expenses | 114,485 |
Total liabilities | 32,741,604 |
Net assets | $933,922,097 |
Net assets consist of | |
Paid-in capital | $1,224,679,816 |
Total distributable earnings (loss) | (290,757,719) |
Net assets | $933,922,097 |
22 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | 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 ($1,583,334 ÷ 218,622 shares)1 | $7.24 |
Class C ($274,939 ÷ 37,983 shares)1 | $7.24 |
Class I ($18,726,609 ÷ 2,581,697 shares) | $7.25 |
Class R2 ($36,839 ÷ 5,087 shares) | $7.24 |
Class R6 ($1,884,928 ÷ 260,136 shares) | $7.25 |
Class NAV ($911,415,448 ÷ 125,838,720 shares) | $7.24 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 96%)2 | $7.54 |
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 $100,000. On sales of $100,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 23 |
Investment income | |
Interest | $64,364,295 |
Securities lending | 323,643 |
Total investment income | 64,687,938 |
Expenses | |
Investment management fees | 7,448,086 |
Distribution and service fees | 9,398 |
Accounting and legal services fees | 154,938 |
Transfer agent fees | 25,129 |
Trustees’ fees | 17,281 |
Custodian fees | 224,908 |
State registration fees | 87,716 |
Printing and postage | 15,806 |
Professional fees | 126,905 |
Other | 49,728 |
Total expenses | 8,159,895 |
Less expense reductions | (91,565) |
Net expenses | 8,068,330 |
Net investment income | 56,619,608 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | (11,164,770) |
Affiliated investments | (25,727) |
Capital gain distributions received from affiliated investments | 6,266 |
Futures contracts | (35,927) |
Forward foreign currency contracts | (166,490) |
Swap contracts | (31,062) |
(11,417,710) | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (273,449,585) |
Affiliated investments | (12,773) |
Futures contracts | 157,716 |
Forward foreign currency contracts | 35,771 |
Swap contracts | 175,838 |
(273,093,033) | |
Net realized and unrealized loss | (284,510,743) |
Decrease in net assets from operations | $(227,891,135) |
24 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $56,619,608 | $50,776,909 |
Net realized loss | (11,417,710) | (25,205,147) |
Change in net unrealized appreciation (depreciation) | (273,093,033) | 48,787,161 |
Increase (decrease) in net assets resulting from operations | (227,891,135) | 74,358,923 |
Distributions to shareholders | ||
From earnings | ||
Class A | (93,335) | (97,346) |
Class C | (13,814) | (14,999) |
Class I | (978,473) | (580,684) |
Class R2 | (2,108) | (4,732) |
Class R6 | (107,991) | (133,430) |
Class NAV | (54,239,103) | (46,954,529) |
Total distributions | (55,434,824) | (47,785,720) |
From fund share transactions | 19,049,779 | 136,292,122 |
Total increase (decrease) | (264,276,180) | 162,865,325 |
Net assets | ||
Beginning of year | 1,198,198,277 | 1,035,332,952 |
End of year | $933,922,097 | $1,198,198,277 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 25 |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.45 | $9.21 | $9.33 | $8.86 | $9.87 |
Net investment income1 | 0.41 | 0.37 | 0.41 | 0.43 | 0.41 |
Net realized and unrealized gain (loss) on investments | (2.22) | 0.23 | (0.11) | 0.48 | (0.96) |
Total from investment operations | (1.81) | 0.60 | 0.30 | 0.91 | (0.55) |
Less distributions | |||||
From net investment income | (0.40) | (0.36) | (0.36) | (0.44) | (0.46) |
From tax return of capital | — | — | (0.06) | — | — |
Total distributions | (0.40) | (0.36) | (0.42) | (0.44) | (0.46) |
Net asset value, end of period | $7.24 | $9.45 | $9.21 | $9.33 | $8.86 |
Total return (%)2,3 | (19.55) | 6.61 | 3.36 | 10.52 | (5.75) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2 | $2 | $3 | $2 | $3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.18 | 1.17 | 1.20 | 1.19 | 1.18 |
Expenses including reductions | 1.17 | 1.17 | 1.19 | 1.18 | 1.17 |
Net investment income | 4.87 | 4.01 | 4.54 | 4.78 | 4.34 |
Portfolio turnover (%) | 9 | 18 | 24 | 7 | 23 |
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. |
26 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.44 | $9.20 | $9.32 | $8.85 | $9.86 |
Net investment income1 | 0.35 | 0.31 | 0.35 | 0.37 | 0.35 |
Net realized and unrealized gain (loss) on investments | (2.21) | 0.22 | (0.12) | 0.48 | (0.96) |
Total from investment operations | (1.86) | 0.53 | 0.23 | 0.85 | (0.61) |
Less distributions | |||||
From net investment income | (0.34) | (0.29) | (0.30) | (0.38) | (0.40) |
From tax return of capital | — | — | (0.05) | — | — |
Total distributions | (0.34) | (0.29) | (0.35) | (0.38) | (0.40) |
Net asset value, end of period | $7.24 | $9.44 | $9.20 | $9.32 | $8.85 |
Total return (%)2,3 | (20.04) | 5.87 | 2.65 | 9.76 | (6.40) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—4 | $—4 | $1 | $1 | $1 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.88 | 1.87 | 1.90 | 1.89 | 1.88 |
Expenses including reductions | 1.87 | 1.87 | 1.89 | 1.88 | 1.87 |
Net investment income | 4.17 | 3.32 | 3.85 | 4.09 | 3.68 |
Portfolio turnover (%) | 9 | 18 | 24 | 7 | 23 |
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. |
4 | Less than $500,000. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 27 |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.46 | $9.22 | $9.34 | $8.86 | $9.88 |
Net investment income1 | 0.43 | 0.41 | 0.44 | 0.46 | 0.44 |
Net realized and unrealized gain (loss) on investments | (2.22) | 0.21 | (0.12) | 0.49 | (0.97) |
Total from investment operations | (1.79) | 0.62 | 0.32 | 0.95 | (0.53) |
Less distributions | |||||
From net investment income | (0.42) | (0.38) | (0.38) | (0.47) | (0.49) |
From tax return of capital | — | — | (0.06) | — | — |
Total distributions | (0.42) | (0.38) | (0.44) | (0.47) | (0.49) |
Net asset value, end of period | $7.25 | $9.46 | $9.22 | $9.34 | $8.86 |
Total return (%)2 | (19.30) | 6.91 | 3.67 | 10.95 | (5.56) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $19 | $18 | $14 | $15 | $14 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.88 | 0.87 | 0.90 | 0.90 | 0.89 |
Expenses including reductions | 0.87 | 0.87 | 0.89 | 0.89 | 0.88 |
Net investment income | 5.21 | 4.36 | 4.83 | 5.06 | 4.64 |
Portfolio turnover (%) | 9 | 18 | 24 | 7 | 23 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
28 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R2 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.45 | $9.21 | $9.32 | $8.85 | $9.87 |
Net investment income1 | 0.42 | 0.38 | 0.42 | 0.44 | 0.42 |
Net realized and unrealized gain (loss) on investments | (2.22) | 0.22 | (0.11) | 0.48 | (0.97) |
Total from investment operations | (1.80) | 0.60 | 0.31 | 0.92 | (0.55) |
Less distributions | |||||
From net investment income | (0.41) | (0.36) | (0.36) | (0.45) | (0.47) |
From tax return of capital | — | — | (0.06) | — | — |
Total distributions | (0.41) | (0.36) | (0.42) | (0.45) | (0.47) |
Net asset value, end of period | $7.24 | $9.45 | $9.21 | $9.32 | $8.85 |
Total return (%)2 | (19.32) | 6.52 | 3.49 | 10.62 | (5.75) |
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 | 1.02 | 1.15 | 1.18 | 1.12 | 1.08 |
Expenses including reductions | 1.01 | 1.15 | 1.17 | 1.11 | 1.07 |
Net investment income | 5.06 | 4.04 | 4.60 | 4.85 | 4.40 |
Portfolio turnover (%) | 9 | 18 | 24 | 7 | 23 |
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 | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 29 |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.44 | $9.21 | $9.33 | $8.85 | $9.87 |
Net investment income1 | 0.44 | 0.41 | 0.45 | 0.48 | 0.46 |
Net realized and unrealized gain (loss) on investments | (2.20) | 0.21 | (0.12) | 0.47 | (0.98) |
Total from investment operations | (1.76) | 0.62 | 0.33 | 0.95 | (0.52) |
Less distributions | |||||
From net investment income | (0.43) | (0.39) | (0.39) | (0.47) | (0.50) |
From tax return of capital | — | — | (0.06) | — | — |
Total distributions | (0.43) | (0.39) | (0.45) | (0.47) | (0.50) |
Net asset value, end of period | $7.25 | $9.44 | $9.21 | $9.33 | $8.85 |
Total return (%)2 | (19.04) | 6.92 | 3.79 | 11.05 | (5.48) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2 | $3 | $4 | $3 | $1 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.77 | 0.77 | 0.78 | 0.79 | 0.79 |
Expenses including reductions | 0.76 | 0.76 | 0.78 | 0.78 | 0.78 |
Net investment income | 5.28 | 4.44 | 4.96 | 5.22 | 4.83 |
Portfolio turnover (%) | 9 | 18 | 24 | 7 | 23 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
30 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.44 | $9.21 | $9.33 | $8.85 | $9.87 |
Net investment income1 | 0.44 | 0.42 | 0.45 | 0.47 | 0.45 |
Net realized and unrealized gain (loss) on investments | (2.21) | 0.20 | (0.11) | 0.49 | (0.97) |
Total from investment operations | (1.77) | 0.62 | 0.34 | 0.96 | (0.52) |
Less distributions | |||||
From net investment income | (0.43) | (0.39) | (0.40) | (0.48) | (0.50) |
From tax return of capital | — | — | (0.06) | — | — |
Total distributions | (0.43) | (0.39) | (0.46) | (0.48) | (0.50) |
Net asset value, end of period | $7.24 | $9.44 | $9.21 | $9.33 | $8.85 |
Total return (%)2 | (19.14) | 6.93 | 3.80 | 11.10 | (5.46) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $911 | $1,175 | $1,014 | $1,069 | $840 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.76 | 0.76 | 0.77 | 0.77 | 0.77 |
Expenses including reductions | 0.75 | 0.75 | 0.76 | 0.77 | 0.77 |
Net investment income | 5.31 | 4.49 | 4.97 | 5.21 | 4.79 |
Portfolio turnover (%) | 9 | 18 | 24 | 7 | 23 |
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 | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 31 |
32 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Foreign government obligations | $347,780,413 | — | $347,780,413 | — |
Corporate bonds | 496,350,715 | — | 496,350,715 | — |
Common stocks | 530,461 | $530,461 | — | — |
Short-term investments | 106,012,766 | 19,322,766 | 86,690,000 | — |
Total investments in securities | $950,674,355 | $19,853,227 | $930,821,128 | — |
Derivatives: | ||||
Assets | ||||
Forward foreign currency contracts | $167,350 | — | $167,350 | — |
Liabilities | ||||
Forward foreign currency contracts | (131,579) | — | (131,579) | — |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 33 |
34 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 35 |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $55,434,824 | $47,785,720 |
36 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 37 |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Currency | Unrealized appreciation (depreciation) on forward foreign currency contracts | Forward foreign currency contracts | $167,350 | $(131,579) |
Statement of operations location - Net realized gain (loss) on: | ||||
Risk | Futures contracts | Forward foreign currency contracts | Swap contracts | Total |
Interest rate | $(35,927) | — | — | $(35,927) |
Currency | — | $(166,490) | — | (166,490) |
Credit | — | — | $(31,062) | (31,062) |
Total | $(35,927) | $(166,490) | $(31,062) | $(233,479) |
38 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | ||||
Risk | Futures contracts | Forward foreign currency contracts | Swap contracts | Total |
Interest rate | $157,716 | — | — | $157,716 |
Currency | — | $35,771 | — | 35,771 |
Credit | — | — | $175,838 | 175,838 |
Total | $157,716 | $35,771 | $175,838 | $369,325 |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 39 |
Class | Expense reduction |
Class A | $169 |
Class C | 29 |
Class I | 1,628 |
Class R2 | 4 |
Class | Expense reduction |
Class R6 | $181 |
Class NAV | 89,554 |
Total | $91,565 |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.30% | — |
Class C | 1.00% | — |
Class R2 | 0.25% | 0.25% |
40 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $5,886 | $2,269 |
Class C | 3,406 | 393 |
Class I | — | 22,274 |
Class R2 | 106 | 4 |
Class R6 | — | 189 |
Total | $9,398 | $25,129 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $9,000,000 | 1 | 0.945% | $236 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 411,743 | $3,459,249 | 674,212 | $6,254,884 |
Distributions reinvested | 11,196 | 91,480 | 10,368 | 96,074 |
Repurchased | (450,053) | (3,773,456) | (721,800) | (6,674,715) |
Net decrease | (27,114) | $(222,727) | (37,220) | $(323,757) |
Class C shares | ||||
Sold | 2,628 | $23,499 | 7,318 | $67,997 |
Distributions reinvested | 1,681 | 13,722 | 1,617 | 14,959 |
Repurchased | (10,099) | (85,390) | (34,133) | (318,017) |
Net decrease | (5,790) | $(48,169) | (25,198) | $(235,061) |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 41 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class I shares | ||||
Sold | 3,798,726 | $31,015,064 | 1,578,907 | $14,677,163 |
Distributions reinvested | 63,916 | 522,360 | 51,567 | 477,965 |
Repurchased | (3,174,737) | (25,504,273) | (1,244,884) | (11,490,116) |
Net increase | 687,905 | $6,033,151 | 385,590 | $3,665,012 |
Class R2 shares | ||||
Sold | 1 | $9 | 934 | $8,664 |
Distributions reinvested | — | — | 194 | 1,785 |
Repurchased | (2) | (16) | (11,480) | (106,979) |
Net decrease | (1) | $(7) | (10,352) | $(96,530) |
Class R6 shares | ||||
Sold | 94,851 | $787,917 | 140,349 | $1,304,799 |
Distributions reinvested | 13,121 | 107,404 | 14,393 | 133,245 |
Repurchased | (143,587) | (1,284,479) | (291,436) | (2,720,728) |
Net decrease | (35,615) | $(389,158) | (136,694) | $(1,282,684) |
Class NAV shares | ||||
Sold | 4,787,248 | $39,380,209 | 23,359,194 | $219,494,724 |
Distributions reinvested | 6,657,118 | 54,239,103 | 5,065,154 | 46,954,529 |
Repurchased | (9,996,975) | (79,942,623) | (14,180,358) | (131,884,111) |
Net increase | 1,447,391 | $13,676,689 | 14,243,990 | $134,565,142 |
Total net increase | 2,066,776 | $19,049,779 | 14,420,116 | $136,292,122 |
42 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 31.2% |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 18.5% |
John Hancock Funds II Multimanager Lifestyle Conservative Portfolio | 14.6% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 13.3% |
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* | 1,933,553 | $43,855,044 | $204,835,606 | $(229,329,384) | $(25,727) | $(12,773) | $323,643 | $6,266 | $19,322,766 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 43 |
44 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 45 |
46 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 47 |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
48 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
(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 |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 49 |
(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 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) | 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 Trust (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. |
50 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that 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. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 51 |
52 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 53 |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
54 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 55 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
56 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 57 |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
58 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Elina Theodorakopoulou
Paolo H. Valle
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 59 |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406914 | 358A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 1 |
2 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 3.9 |
Tencent Holdings, Ltd. | 2.6 |
Samsung Electronics Company, Ltd. | 1.9 |
Infosys, Ltd. | 0.8 |
China Construction Bank Corp., H Shares | 0.8 |
Vale SA | 0.7 |
Ping An Insurance Group Company of China, Ltd., H Shares | 0.7 |
Samsung Electronics Company, Ltd., GDR | 0.7 |
Alibaba Group Holding, Ltd., ADR | 0.7 |
Reliance Industries, Ltd. | 0.7 |
TOTAL | 13.5 |
Cash and cash equivalents are not included. |
TOP 10 COUNTRIES AS OF 8/31/2022 (% of net assets) | |
China | 24.0 |
Taiwan | 16.3 |
India | 16.0 |
South Korea | 11.9 |
Brazil | 5.2 |
Saudi Arabia | 3.8 |
Hong Kong | 3.8 |
South Africa | 3.2 |
Mexico | 2.5 |
Thailand | 2.4 |
TOTAL | 89.1 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A | -22.55 | -1.20 | 1.86 | -5.86 | 20.29 |
Class C1 | -19.87 | -0.89 | 1.88 | -4.38 | 20.52 |
Class I2 | -18.20 | 0.12 | 2.71 | 0.62 | 30.67 |
Class R62 | -18.20 | 0.22 | 2.80 | 1.11 | 31.75 |
Class NAV2 | -18.15 | 0.24 | 2.84 | 1.18 | 32.30 |
Index† | -21.80 | 0.59 | 2.92 | 3.00 | 33.31 |
Class A | Class C | Class I | Class R6 | Class NAV | |
Gross (%) | 1.45 | 2.15 | 1.15 | 1.04 | 1.03 |
Net (%) | 1.44 | 2.14 | 1.14 | 1.03 | 1.02 |
6 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 8-31-12 | 12,052 | 12,052 | 13,331 |
Class I2 | 8-31-12 | 13,067 | 13,067 | 13,331 |
Class R62 | 8-31-12 | 13,175 | 13,175 | 13,331 |
Class NAV2 | 8-31-12 | 13,230 | 13,230 | 13,331 |
1 | Class C shares were first offered on 6-27-14. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 7 |
8 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $865.40 | $6.72 | 1.43% |
Hypothetical example | 1,000.00 | 1,018.00 | 7.27 | 1.43% | |
Class C | Actual expenses/actual returns | 1,000.00 | 861.70 | 10.00 | 2.13% |
Hypothetical example | 1,000.00 | 1,014.50 | 10.82 | 2.13% | |
Class I | Actual expenses/actual returns | 1,000.00 | 866.80 | 5.32 | 1.13% |
Hypothetical example | 1,000.00 | 1,019.50 | 5.75 | 1.13% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 866.60 | 4.75 | 1.01% |
Hypothetical example | 1,000.00 | 1,020.10 | 5.14 | 1.01% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 867.50 | 4.75 | 1.01% |
Hypothetical example | 1,000.00 | 1,020.10 | 5.14 | 1.01% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 9 |
Shares | Value | % of Net Assets | ||||
Common stocks 98.3% | $156,148,646 | |||||
(Cost $150,360,966) | ||||||
Australia 0.0% | 48,147 | 0.0% | ||||
Belgium 0.0% | 15,491 | 0.0% | ||||
Brazil 4.0% | 6,408,237 | 4.0% | ||||
Petroleo Brasileiro SA | 106,544 | 761,233 | 0.5% | |||
Vale SA | 93,657 | 1,161,171 | 0.7% | |||
OTHER SECURITIES | 4,485,833 | 2.8% | ||||
Canada 0.0% | 11,989 | 0.0% | ||||
Chile 0.6% | 963,781 | 0.6% | ||||
China 24.0% | 38,163,682 | 24.0% | ||||
Alibaba Group Holding, Ltd. (A) | 77,300 | 922,231 | 0.6% | |||
Alibaba Group Holding, Ltd., ADR (A) | 11,493 | 1,096,547 | 0.7% | |||
Aowei Holdings, Ltd. (A)(B) | 9,116,000 | 523,241 | 0.4% | |||
Bank of China, Ltd., H Shares | 1,556,075 | 543,021 | 0.4% | |||
China Construction Bank Corp., H Shares | 1,885,000 | 1,165,276 | 0.8% | |||
China Merchants Bank Company, Ltd., H Shares | 116,961 | 598,152 | 0.4% | |||
China Petroleum & Chemical Corp., H Shares | 704,000 | 331,053 | 0.2% | |||
CSPC Pharmaceutical Group, Ltd. | 305,680 | 310,089 | 0.2% | |||
Industrial & Commercial Bank of China, Ltd., H Shares | 1,091,000 | 554,275 | 0.4% | |||
Inner Mongolia Yitai Coal Company, Ltd., H Shares | 219,800 | 319,676 | 0.2% | |||
Kweichow Moutai Company, Ltd., Class A | 1,300 | 362,089 | 0.3% | |||
Li Ning Company, Ltd. | 41,500 | 377,995 | 0.3% | |||
NetEase, Inc. | 12,200 | 217,860 | 0.2% | |||
NetEase, Inc., ADR | 2,459 | 217,646 | 0.2% | |||
PetroChina Company, Ltd., H Shares | 696,000 | 323,652 | 0.2% | |||
Ping An Insurance Group Company of China, Ltd., H Shares | 195,000 | 1,146,921 | 0.7% | |||
Tencent Holdings, Ltd. | 97,600 | 4,033,884 | 2.6% | |||
Xiaomi Corp., Class B (A)(C) | 256,000 | 373,929 | 0.3% | |||
Yum China Holdings, Inc. | 7,523 | 376,978 | 0.3% | |||
OTHER SECURITIES | 24,369,167 | 14.6% |
10 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | % of Net Assets | ||||
Colombia 0.1% | $164,074 | 0.1% | ||||
Cyprus 0.0% | 7,267 | 0.0% | ||||
Czech Republic 0.1% | 149,690 | 0.1% | ||||
Egypt 0.0% | 29,583 | 0.0% | ||||
Greece 0.3% | 517,331 | 0.3% | ||||
Hong Kong 3.8% | 6,021,753 | 3.8% | ||||
China Overseas Land & Investment, Ltd. | 111,500 | 299,653 | 0.2% | |||
China Resources Land, Ltd. | 102,444 | 419,431 | 0.3% | |||
OTHER SECURITIES | 5,302,669 | 3.3% | ||||
Hungary 0.2% | 225,491 | 0.2% | ||||
India 16.0% | 25,382,493 | 16.0% | ||||
Adani Transmission, Ltd. (A) | 5,988 | 294,999 | 0.2% | |||
Axis Bank, Ltd. | 42,214 | 393,413 | 0.3% | |||
Axis Bank, Ltd., GDR | 309 | 14,640 | 0.0% | |||
Bharti Airtel, Ltd. | 49,113 | 444,030 | 0.3% | |||
HDFC Bank, Ltd. | 44,054 | 806,262 | 0.5% | |||
Housing Development Finance Corp., Ltd. | 12,490 | 378,233 | 0.3% | |||
ICICI Bank, Ltd. | 51,589 | 566,775 | 0.4% | |||
Infosys, Ltd. | 67,315 | 1,238,155 | 0.8% | |||
Reliance Industries, Ltd. | 31,757 | 1,041,959 | 0.7% | |||
Tata Consultancy Services, Ltd. | 13,575 | 541,199 | 0.4% | |||
Tata Steel, Ltd. | 229,380 | 308,393 | 0.2% | |||
OTHER SECURITIES | 19,354,435 | 11.9% | ||||
Indonesia 2.3% | 3,618,406 | 2.3% | ||||
Bank Central Asia Tbk PT | 547,300 | 302,232 | 0.2% | |||
OTHER SECURITIES | 3,316,174 | 2.1% | ||||
Malaysia 1.7% | 2,734,023 | 1.7% | ||||
Mexico 2.5% | 3,999,016 | 2.5% | ||||
Organizacion Soriana SAB de CV, Series B | 420,625 | 469,762 | 0.3% | |||
OTHER SECURITIES | 3,529,254 | 2.2% | ||||
Panama 0.0% | 6,987 | 0.0% | ||||
Peru 0.0% | 54,879 | 0.0% | ||||
Philippines 1.3% | 2,055,307 | 1.3% | ||||
Union Bank of the Philippines | 343,569 | 489,647 | 0.3% | |||
OTHER SECURITIES | 1,565,660 | 1.0% | ||||
Poland 0.7% | 1,011,668 | 0.7% |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 11 |
Shares | Value | % of Net Assets | ||||
Qatar 1.0% | $1,642,031 | 1.0% | ||||
Qatar National Bank QPSC | 74,352 | 420,742 | 0.3% | |||
OTHER SECURITIES | 1,221,289 | 0.7% | ||||
Romania 0.0% | 48,410 | 0.0% | ||||
Russia 0.1% | 71,225 | 0.1% | ||||
Saudi Arabia 3.8% | 6,076,950 | 3.8% | ||||
Al Rajhi Bank (A) | 18,567 | 444,490 | 0.3% | |||
Saudi Basic Industries Corp. | 15,698 | 417,021 | 0.3% | |||
Saudi Telecom Company | 34,343 | 381,288 | 0.3% | |||
OTHER SECURITIES | 4,834,151 | 2.9% | ||||
Singapore 0.1% | 85,236 | 0.1% | ||||
South Africa 3.2% | 5,125,625 | 3.2% | ||||
MTN Group, Ltd. | 48,580 | 351,624 | 0.2% | |||
OTHER SECURITIES | 4,774,001 | 3.0% | ||||
South Korea 11.9% | 18,814,759 | 11.9% | ||||
Hyundai Motor Company | 2,325 | 337,781 | 0.2% | |||
Kia Corp. | 5,037 | 301,907 | 0.2% | |||
POSCO Holdings, Inc. | 1,808 | 342,011 | 0.2% | |||
Samsung Electronics Company, Ltd. | 67,189 | 2,976,525 | 1.9% | |||
Samsung Electronics Company, Ltd., GDR | 1,005 | 1,099,037 | 0.7% | |||
Shinhan Financial Group Company, Ltd. | 11,393 | 308,676 | 0.2% | |||
SK Hynix, Inc. | 14,173 | 996,475 | 0.7% | |||
OTHER SECURITIES | 12,452,347 | 7.8% | ||||
Spain 0.0% | 10,380 | 0.0% | ||||
Taiwan 16.3% | 25,900,513 | 16.3% | ||||
Hon Hai Precision Industry Company, Ltd. | 161,352 | 574,539 | 0.4% | |||
MediaTek, Inc. | 17,000 | 367,825 | 0.3% | |||
Taiwan Semiconductor Manufacturing Company, Ltd. | 379,000 | 6,204,152 | 3.9% | |||
United Microelectronics Corp. (A) | 244,468 | 325,257 | 0.2% | |||
OTHER SECURITIES | 18,428,740 | 11.5% | ||||
Thailand 2.4% | 3,832,720 | 2.4% | ||||
Turkey 0.6% | 978,218 | 0.6% | ||||
Ukraine 0.0% | 11,972 | 0.0% | ||||
United Arab Emirates 1.2% | 1,865,196 | 1.2% | ||||
Emirates Telecommunications Group Company PJSC | 47,149 | 330,411 | 0.2% | |||
OTHER SECURITIES | 1,534,785 | 1.0% |
12 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | % of Net Assets | ||||
United States 0.1% | $96,116 | 0.1% | ||||
Preferred securities 1.3% | $2,080,427 | |||||
(Cost $1,458,112) | ||||||
Brazil 1.2% | 1,807,737 | 1.2% | ||||
Petroleo Brasileiro SA | 142,938 | 913,007 | 0.6% | |||
OTHER SECURITIES | 894,730 | 0.6% | ||||
Chile 0.1% | 186,614 | 0.1% | ||||
Colombia 0.0% | 54,454 | 0.0% | ||||
Philippines 0.0% | 8,579 | 0.0% | ||||
Taiwan 0.0% | 3,724 | 0.0% | ||||
Thailand 0.0% | 19,319 | 0.0% | ||||
Warrants 0.0% | $1,243 | |||||
(Cost $0) | ||||||
Rights 0.0% | $25 | |||||
(Cost $0) |
Yield (%) | Shares | Value | % of Net Assets | |||
Short-term investments 0.1% | $212,055 | |||||
(Cost $212,045) | ||||||
Short-term funds 0.1% | 212,055 | 0.1% | ||||
John Hancock Collateral Trust (D) | 2.3160 (E) | 21,219 | 212,055 | 0.1% |
Total investments (Cost $152,031,123) 99.7% | $158,442,396 | 99.7% | |||
Other assets and liabilities, net 0.3% | 477,399 | 0.3% | |||
Total net assets 100.0% | $158,919,795 | 100.0% |
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 |
GDR | Global Depositary Receipt |
(A) | Non-income producing security. |
(B) | 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. |
(C) | These securities are 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. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(E) | The rate shown is the annualized seven-day yield as of 8-31-22. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 13 |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
S&P 500 E-Mini Index Futures | 2 | Long | Sep 2022 | $396,528 | $395,650 | $(878) |
$(878) |
14 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $151,819,078) including $223,280 of securities loaned | $158,230,341 |
Affiliated investments, at value (Cost $212,045) | 212,055 |
Total investments, at value (Cost $152,031,123) | 158,442,396 |
Receivable for futures variation margin | 30,956 |
Foreign currency, at value (Cost $1,265,133) | 1,263,086 |
Collateral held at broker for futures contracts | 20,000 |
Dividends and interest receivable | 568,392 |
Receivable for fund shares sold | 38,206 |
Receivable for investments sold | 456,493 |
Receivable for securities lending income | 1,613 |
Receivable from affiliates | 788 |
Other assets | 41,562 |
Total assets | 160,863,492 |
Liabilities | |
Due to custodian | 245,369 |
Foreign capital gains tax payable | 825,810 |
Payable for investments purchased | 470,440 |
Payable for fund shares repurchased | 38,219 |
Payable upon return of securities loaned | 230,744 |
Payable to affiliates | |
Accounting and legal services fees | 5,582 |
Transfer agent fees | 9,091 |
Trustees’ fees | 143 |
Other liabilities and accrued expenses | 118,299 |
Total liabilities | 1,943,697 |
Net assets | $158,919,795 |
Net assets consist of | |
Paid-in capital | $153,293,532 |
Total distributable earnings (loss) | 5,626,263 |
Net assets | $158,919,795 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 15 |
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 ($42,585,247 ÷ 4,041,195 shares)1 | $10.54 |
Class C ($1,427,187 ÷ 135,461 shares)1 | $10.54 |
Class I ($38,486,062 ÷ 3,652,603 shares) | $10.54 |
Class R6 ($693,875 ÷ 65,929 shares) | $10.52 |
Class NAV ($75,727,424 ÷ 7,186,658 shares) | $10.54 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $11.09 |
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. |
16 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $6,996,996 |
Interest | 1,944 |
Securities lending | 61,185 |
Less foreign taxes withheld | (745,230) |
Total investment income | 6,314,895 |
Expenses | |
Investment management fees | 1,368,680 |
Distribution and service fees | 166,988 |
Accounting and legal services fees | 26,157 |
Transfer agent fees | 109,277 |
Trustees’ fees | 2,853 |
Custodian fees | 315,445 |
State registration fees | 76,014 |
Printing and postage | 17,528 |
Professional fees | 82,972 |
Other | 33,166 |
Total expenses | 2,199,080 |
Less expense reductions | (118,954) |
Net expenses | 2,080,126 |
Net investment income | 4,234,769 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 11,150,888 |
Affiliated investments | 391 |
Capital gain distributions received from affiliated investments | 148 |
Futures contracts | (77,013) |
11,074,414 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (50,655,209) |
Affiliated investments | (1,418) |
Futures contracts | (94,287) |
(50,750,914) | |
Net realized and unrealized loss | (39,676,500) |
Decrease in net assets from operations | $(35,441,731) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 17 |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $4,234,769 | $2,373,987 |
Net realized gain | 11,074,414 | 32,170,268 |
Change in net unrealized appreciation (depreciation) | (50,750,914) | 26,510,938 |
Increase (decrease) in net assets resulting from operations | (35,441,731) | 61,055,193 |
Distributions to shareholders | ||
From earnings | ||
Class A | (1,369,613) | (576,484) |
Class C | (34,271) | (11,190) |
Class I | (1,332,525) | (511,213) |
Class R6 | (29,921) | (1,043,870) |
Class NAV | (2,647,457) | (1,218,830) |
Total distributions | (5,413,787) | (3,361,587) |
From fund share transactions | 2,370,430 | (89,484,095) |
Total decrease | (38,485,088) | (31,790,489) |
Net assets | ||
Beginning of year | 197,404,883 | 229,195,372 |
End of year | $158,919,795 | $197,404,883 |
18 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.27 | $10.51 | $10.10 | $11.13 | $11.51 |
Net investment income1 | 0.25 | 0.11 | 0.13 | 0.14 | 0.13 |
Net realized and unrealized gain (loss) on investments | (2.65) | 2.78 | 0.50 | (1.04) | (0.39) |
Total from investment operations | (2.40) | 2.89 | 0.63 | (0.90) | (0.26) |
Less distributions | |||||
From net investment income | (0.33) | (0.13) | (0.22) | (0.13) | (0.12) |
Net asset value, end of period | $10.54 | $13.27 | $10.51 | $10.10 | $11.13 |
Total return (%)2,3 | (18.46) | 27.61 | 6.11 | (8.06) | (2.34) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $43 | $57 | $49 | $52 | $55 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.49 | 1.54 | 1.57 | 1.51 | 1.45 |
Expenses including reductions | 1.42 | 1.51 | 1.56 | 1.50 | 1.44 |
Net investment income | 2.09 | 0.87 | 1.30 | 1.38 | 1.09 |
Portfolio turnover (%) | 24 | 10 | 14 | 13 | 11 |
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 | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 19 |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.26 | $10.52 | $10.11 | $11.13 | $11.52 |
Net investment income1 | 0.16 | 0.02 | 0.06 | 0.06 | 0.04 |
Net realized and unrealized gain (loss) on investments | (2.65) | 2.78 | 0.50 | (1.03) | (0.39) |
Total from investment operations | (2.49) | 2.80 | 0.56 | (0.97) | (0.35) |
Less distributions | |||||
From net investment income | (0.23) | (0.06) | (0.15) | (0.05) | (0.04) |
Net asset value, end of period | $10.54 | $13.26 | $10.52 | $10.11 | $11.13 |
Total return (%)2,3 | (19.08) | 26.65 | 5.40 | (8.71) | (3.04) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $2 | $2 | $3 | $3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 2.19 | 2.24 | 2.27 | 2.21 | 2.15 |
Expenses including reductions | 2.12 | 2.21 | 2.26 | 2.20 | 2.14 |
Net investment income | 1.36 | 0.12 | 0.59 | 0.65 | 0.36 |
Portfolio turnover (%) | 24 | 10 | 14 | 13 | 11 |
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. |
20 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.27 | $10.51 | $10.10 | $11.12 | $11.50 |
Net investment income1 | 0.28 | 0.15 | 0.15 | 0.17 | 0.15 |
Net realized and unrealized gain (loss) on investments | (2.64) | 2.77 | 0.51 | (1.03) | (0.38) |
Total from investment operations | (2.36) | 2.92 | 0.66 | (0.86) | (0.23) |
Less distributions | |||||
From net investment income | (0.37) | (0.16) | (0.25) | (0.16) | (0.15) |
Net asset value, end of period | $10.54 | $13.27 | $10.51 | $10.10 | $11.12 |
Total return (%)2 | (18.20) | 27.93 | 6.41 | (7.72) | (2.07) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $38 | $46 | $37 | $68 | $64 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.19 | 1.24 | 1.27 | 1.22 | 1.15 |
Expenses including reductions | 1.12 | 1.21 | 1.26 | 1.21 | 1.14 |
Net investment income | 2.32 | 1.21 | 1.43 | 1.69 | 1.29 |
Portfolio turnover (%) | 24 | 10 | 14 | 13 | 11 |
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 | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 21 |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.26 | $10.49 | $10.09 | $11.11 | $11.49 |
Net investment income1 | 0.29 | 0.06 | 0.18 | 0.17 | 0.20 |
Net realized and unrealized gain (loss) on investments | (2.65) | 2.88 | 0.48 | (1.01) | (0.42) |
Total from investment operations | (2.36) | 2.94 | 0.66 | (0.84) | (0.22) |
Less distributions | |||||
From net investment income | (0.38) | (0.17) | (0.26) | (0.18) | (0.16) |
Net asset value, end of period | $10.52 | $13.26 | $10.49 | $10.09 | $11.11 |
Total return (%)2 | (18.20) | 28.20 | 6.42 | (7.56) | (1.99) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $67 | $60 | $72 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.08 | 1.13 | 1.16 | 1.11 | 1.05 |
Expenses including reductions | 1.01 | 1.10 | 1.15 | 1.10 | 1.04 |
Net investment income | 2.38 | 0.53 | 1.75 | 1.71 | 1.67 |
Portfolio turnover (%) | 24 | 10 | 14 | 13 | 11 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
22 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.28 | $10.51 | $10.10 | $11.13 | $11.51 |
Net investment income1 | 0.30 | 0.16 | 0.18 | 0.10 | 0.17 |
Net realized and unrealized gain (loss) on investments | (2.66) | 2.78 | 0.49 | (0.95) | (0.39) |
Total from investment operations | (2.36) | 2.94 | 0.67 | (0.85) | (0.22) |
Less distributions | |||||
From net investment income | (0.38) | (0.17) | (0.26) | (0.18) | (0.16) |
Net asset value, end of period | $10.54 | $13.28 | $10.51 | $10.10 | $11.13 |
Total return (%)2 | (18.15) | 28.16 | 6.53 | (7.63) | (1.97) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $76 | $91 | $75 | $68 | $962 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.07 | 1.12 | 1.14 | 1.10 | 1.04 |
Expenses including reductions | 1.00 | 1.09 | 1.14 | 1.09 | 1.03 |
Net investment income | 2.55 | 1.30 | 1.77 | 0.93 | 1.46 |
Portfolio turnover (%) | 24 | 10 | 14 | 13 | 11 |
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 | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 23 |
24 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Australia | $48,147 | — | $48,147 | — |
Belgium | 15,491 | — | 15,491 | — |
Brazil | 6,408,237 | $6,408,237 | — | — |
Canada | 11,989 | — | 11,989 | — |
Chile | 963,781 | 963,781 | — | — |
China | 38,163,682 | 3,240,763 | 34,328,921 | $593,998 |
Colombia | 164,074 | 164,074 | — | — |
Cyprus | 7,267 | — | 7,267 | — |
Czech Republic | 149,690 | — | 149,690 | — |
Egypt | 29,583 | — | 29,583 | — |
Greece | 517,331 | — | 507,296 | 10,035 |
Hong Kong | 6,021,753 | — | 5,784,152 | 237,601 |
Hungary | 225,491 | — | 225,491 | — |
India | 25,382,493 | 89,655 | 25,254,990 | 37,848 |
Indonesia | 3,618,406 | — | 3,455,489 | 162,917 |
Malaysia | 2,734,023 | — | 2,734,023 | — |
Mexico | 3,999,016 | 3,999,016 | — | — |
Panama | 6,987 | 6,987 | — | — |
Peru | 54,879 | 54,879 | — | — |
Philippines | 2,055,307 | — | 2,054,304 | 1,003 |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 25 |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Poland | $1,011,668 | — | $1,011,668 | — |
Qatar | 1,642,031 | — | 1,642,031 | — |
Romania | 48,410 | — | 48,410 | — |
Russia | 71,225 | — | — | $71,225 |
Saudi Arabia | 6,076,950 | — | 6,076,950 | — |
Singapore | 85,236 | $58,821 | 26,415 | — |
South Africa | 5,125,625 | 552,449 | 4,573,176 | — |
South Korea | 18,814,759 | 105,757 | 18,686,550 | 22,452 |
Spain | 10,380 | — | 10,380 | — |
Taiwan | 25,900,513 | 256,954 | 25,632,767 | 10,792 |
Thailand | 3,832,720 | — | 3,831,757 | 963 |
Turkey | 978,218 | — | 977,933 | 285 |
Ukraine | 11,972 | — | 11,972 | — |
United Arab Emirates | 1,865,196 | — | 1,865,196 | — |
United States | 96,116 | — | 96,116 | — |
Preferred securities | ||||
Brazil | 1,807,737 | 1,807,737 | — | — |
Chile | 186,614 | 186,614 | — | — |
Colombia | 54,454 | 54,454 | — | — |
Philippines | 8,579 | — | 8,579 | — |
Taiwan | 3,724 | — | 3,724 | — |
Thailand | 19,319 | — | 19,319 | — |
Warrants | 1,243 | 1,243 | — | — |
Rights | 25 | 25 | — | — |
Short-term investments | 212,055 | 212,055 | — | — |
Total investments in securities | $158,442,396 | $18,163,501 | $139,129,776 | $1,149,119 |
Derivatives: | ||||
Liabilities | ||||
Futures | $(878) | $(878) | — | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
26 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 27 |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $5,413,787 | $3,361,587 |
28 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 29 |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Equity | Receivable/payable for futures variation margin1 | Futures | — | $(878) |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of 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 |
Equity | $(77,013) |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |
Risk | Futures contracts |
Equity | $(94,287) |
30 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $33,005 |
Class C | 1,140 |
Class I | 28,758 |
Class | Expense reduction |
Class R6 | $631 |
Class NAV | 55,420 |
Total | $118,954 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class C | 1.00% |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 31 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $149,666 | $57,744 |
Class C | 17,322 | 2,004 |
Class I | — | 49,446 |
Class R6 | — | 83 |
Total | $166,988 | $109,277 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Borrower | $7,071,429 | 7 | 0.665% | ($914) |
32 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 250,208 | $3,024,998 | 447,599 | $5,677,563 |
Distributions reinvested | 110,051 | 1,352,525 | 46,673 | 570,348 |
Repurchased | (607,921) | (7,294,944) | (852,449) | (10,527,939) |
Net decrease | (247,662) | $(2,917,421) | (358,177) | $(4,280,028) |
Class C shares | ||||
Sold | 11,125 | $135,227 | 10,313 | $131,946 |
Distributions reinvested | 2,765 | 34,142 | 912 | 11,190 |
Repurchased | (39,945) | (488,131) | (53,918) | (679,522) |
Net decrease | (26,055) | $(318,762) | (42,693) | $(536,386) |
Class I shares | ||||
Sold | 1,950,741 | $22,374,365 | 1,575,874 | $20,341,673 |
Distributions reinvested | 108,331 | 1,329,223 | 41,934 | 511,171 |
Repurchased | (1,860,291) | (21,656,244) | (1,653,793) | (20,607,043) |
Net increase (decrease) | 198,781 | $2,047,344 | (35,985) | $245,801 |
Class R6 shares | ||||
Sold | 589 | $7,061 | 428,433 | $5,195,056 |
Distributions reinvested | 2,422 | 29,649 | 85,765 | 1,043,757 |
Repurchased | (30,439) | (374,162) | (6,774,703) | (88,195,407) |
Net decrease | (27,428) | $(337,452) | (6,260,505) | $(81,956,594) |
Class NAV shares | ||||
Sold | 791,863 | $9,556,264 | 1,005,294 | $12,785,426 |
Distributions reinvested | 216,119 | 2,647,457 | 99,986 | 1,218,830 |
Repurchased | (695,109) | (8,307,000) | (1,355,376) | (16,961,144) |
Net increase (decrease) | 312,873 | $3,896,721 | (250,096) | $(2,956,888) |
Total net increase (decrease) | 210,509 | $2,370,430 | (6,947,456) | $(89,484,095) |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 33 |
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* | 21,219 | $1,794,381 | $10,711,929 | $(12,293,228) | $391 | $(1,418) | $61,185 | $148 | $212,055 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
Issuer, Description | Original acquisition date | Acquisition cost | Beginning share amount | Shares purchased | Shares sold | Ending share amount | Value as a percentage of net assets | Ending value |
Yes Bank, Ltd., Lock-In Shares | 10-4-21 | $100,844 | — | 70,811 | — | 70,811 | 0.0%1 | $13,575 |
1 | Less than 0.05%. |
34 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 35 |
36 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 37 |
(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; |
38 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 39 |
(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 |
40 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
(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 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 Trust (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; and |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 41 |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
42 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
(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) | noted that 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. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 43 |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
44 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 45 |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
46 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 47 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
48 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 49 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Jed S. Fogdall
Mary T. Phillips, CFA
Bhanu P. Singh
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
50 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
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a diverse set of investments backed by some of the world’s best
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200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406907 | 368A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 1 |
2 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
The Southern Company | 3.4 |
Wells Fargo & Company | 3.3 |
United Parcel Service, Inc., Class B | 2.6 |
TotalEnergies SE, ADR | 2.6 |
General Electric Company | 2.5 |
Qualcomm, Inc. | 2.4 |
CF Industries Holdings, Inc. | 2.3 |
Sempra Energy | 2.2 |
Elevance Health, Inc. | 2.2 |
American International Group, Inc. | 2.1 |
TOTAL | 25.6 |
Cash and cash equivalents are not included. |
COUNTRY COMPOSITION AS OF 8/31/2022 (% of net assets) | |
United States | 89.4 |
France | 3.4 |
Switzerland | 1.8 |
Germany | 1.7 |
Canada | 1.6 |
Ireland | 1.2 |
Other countries | 0.9 |
TOTAL | 100.0 |
4 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | |||||
1-year | 5-year | 10-year | 5-year | 10-year | as of 8-31-22 | as of 8-31-22 | ||
Class A1 | -6.82 | 6.89 | 9.06 | 39.55 | 138.08 | 1.30 | 1.27 | |
Class C1 | -3.46 | 7.23 | 9.05 | 41.80 | 137.72 | 0.65 | 0.62 | |
Class 12 | -1.48 | 8.39 | 9.89 | 49.63 | 156.84 | 1.75 | 1.72 | |
Class NAV2 | -1.49 | 8.44 | 9.95 | 49.94 | 158.16 | 1.81 | 1.77 | |
Index 1†† | -6.23 | 7.86 | 10.52 | 46.01 | 171.99 | — | — | |
Index 2†† | -11.23 | 11.82 | 13.08 | 74.86 | 241.73 | — | — |
Class A | Class C | Class 1 | Class NAV | |
Gross (%) | 1.14 | 1.84 | 0.77 | 0.72 |
Net (%) | 1.13 | 1.83 | 0.76 | 0.71 |
6 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | |
Class C1,3 | 8-31-12 | 23,772 | 23,772 | 27,199 | 34,173 |
Class 12 | 8-31-12 | 25,684 | 25,684 | 27,199 | 34,173 |
Class NAV2 | 8-31-12 | 25,816 | 25,816 | 27,199 | 34,173 |
1 | Class A and Class C shares were first offered on 3-27-15. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 7 |
8 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $934.00 | $5.51 | 1.13% |
Hypothetical example | 1,000.00 | 1,019.50 | 5.75 | 1.13% | |
Class C | Actual expenses/actual returns | 1,000.00 | 930.80 | 8.91 | 1.83% |
Hypothetical example | 1,000.00 | 1,016.00 | 9.30 | 1.83% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 935.80 | 3.71 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.40 | 3.87 | 0.76% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 935.50 | 3.41 | 0.70% |
Hypothetical example | 1,000.00 | 1,021.70 | 3.57 | 0.70% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 9 |
Shares | Value | ||||
Common stocks 97.9% | $1,759,104,581 | ||||
(Cost $1,259,139,165) | |||||
Communication services 5.3% | 94,706,164 | ||||
Diversified telecommunication services 0.4% | |||||
AT&T, Inc. | 246,063 | 4,315,945 | |||
Verizon Communications, Inc. | 55,199 | 2,307,870 | |||
Entertainment 1.4% | |||||
The Walt Disney Company (A) | 213,597 | 23,939,952 | |||
Warner Brothers Discovery, Inc. (A) | 91,143 | 1,206,733 | |||
Interactive media and services 0.7% | |||||
Meta Platforms, Inc., Class A (A) | 73,100 | 11,910,183 | |||
Media 2.8% | |||||
Comcast Corp., Class A | 564,861 | 20,442,320 | |||
Fox Corp., Class B | 150,326 | 4,753,308 | |||
News Corp., Class A | 1,475,024 | 24,957,406 | |||
Paramount Global, Class B | 37,300 | 872,447 | |||
Consumer discretionary 3.9% | 70,891,090 | ||||
Automobiles 1.0% | |||||
Volkswagen AG, ADR (B) | 1,269,061 | 18,020,666 | |||
Hotels, restaurants and leisure 0.8% | |||||
Las Vegas Sands Corp. (A) | 372,010 | 13,998,736 | |||
Leisure products 0.7% | |||||
Mattel, Inc. (A) | 594,698 | 13,154,720 | |||
Multiline retail 0.4% | |||||
Kohl’s Corp. | 268,966 | 7,644,014 | |||
Specialty retail 1.0% | |||||
Best Buy Company, Inc. | 62,200 | 4,396,918 | |||
The TJX Companies, Inc. | 219,343 | 13,676,036 | |||
Consumer staples 6.8% | 121,706,912 | ||||
Beverages 0.2% | |||||
Constellation Brands, Inc., Class A | 4,200 | 1,033,410 | |||
The Coca-Cola Company | 34,204 | 2,110,729 | |||
Food and staples retailing 0.9% | |||||
Walmart, Inc. | 117,169 | 15,530,751 | |||
Food products 2.7% | |||||
Conagra Brands, Inc. | 810,503 | 27,865,093 | |||
Mondelez International, Inc., Class A | 28,726 | 1,776,990 | |||
Tyson Foods, Inc., Class A | 243,717 | 18,371,387 | |||
Household products 1.5% | |||||
Kimberly-Clark Corp. | 214,448 | 27,346,409 |
10 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Consumer staples (continued) | |||||
Tobacco 1.5% | |||||
Philip Morris International, Inc. | 289,791 | $27,672,143 | |||
Energy 7.9% | 141,032,015 | ||||
Oil, gas and consumable fuels 7.9% | |||||
Chevron Corp. | 24,493 | 3,871,364 | |||
Enbridge, Inc. (B) | 115,700 | 4,769,154 | |||
EOG Resources, Inc. | 177,083 | 21,480,168 | |||
Exxon Mobil Corp. | 250,419 | 23,937,552 | |||
Hess Corp. | 109,052 | 13,171,301 | |||
Occidental Petroleum Corp. | 7,227 | 513,117 | |||
Targa Resources Corp. | 14,769 | 1,007,689 | |||
TC Energy Corp. (B) | 512,148 | 24,685,534 | |||
The Williams Companies, Inc. | 38,400 | 1,306,752 | |||
TotalEnergies SE, ADR | 916,440 | 46,289,384 | |||
Financials 20.4% | 367,413,353 | ||||
Banks 7.4% | |||||
Bank of America Corp. | 246,134 | 8,272,564 | |||
Citigroup, Inc. | 201,375 | 9,829,114 | |||
Fifth Third Bancorp | 501,928 | 17,140,841 | |||
Huntington Bancshares, Inc. | 1,668,212 | 22,354,041 | |||
JPMorgan Chase & Co. | 92,177 | 10,483,290 | |||
The PNC Financial Services Group, Inc. | 34,858 | 5,507,564 | |||
Wells Fargo & Company | 1,362,902 | 59,572,446 | |||
Capital markets 4.0% | |||||
Franklin Resources, Inc. | 65,749 | 1,714,076 | |||
Morgan Stanley | 165,422 | 14,097,263 | |||
Raymond James Financial, Inc. | 13,771 | 1,437,279 | |||
State Street Corp. | 281,423 | 19,235,262 | |||
The Bank of New York Mellon Corp. | 22,825 | 947,922 | |||
The Charles Schwab Corp. | 137,398 | 9,748,388 | |||
The Goldman Sachs Group, Inc. | 77,262 | 25,702,750 | |||
Diversified financial services 1.8% | |||||
Apollo Global Management, Inc. | 61,400 | 3,412,612 | |||
Equitable Holdings, Inc. | 978,964 | 29,124,179 | |||
Insurance 7.2% | |||||
American International Group, Inc. | 746,518 | 38,632,307 | |||
Chubb, Ltd. | 168,735 | 31,899,352 | |||
Loews Corp. | 394,065 | 21,795,735 | |||
Marsh & McLennan Companies, Inc. | 8,299 | 1,339,210 | |||
MetLife, Inc. | 386,145 | 24,840,708 | |||
The Hartford Financial Services Group, Inc. | 160,573 | 10,326,450 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 11 |
Shares | Value | ||||
Health care 16.6% | $297,487,174 | ||||
Biotechnology 1.9% | |||||
AbbVie, Inc. | 232,224 | 31,224,839 | |||
Biogen, Inc. (A) | 18,277 | 3,570,960 | |||
Health care equipment and supplies 3.7% | |||||
Becton, Dickinson and Company | 123,424 | 31,154,686 | |||
Medtronic PLC | 223,647 | 19,663,044 | |||
Zimmer Biomet Holdings, Inc. | 140,977 | 14,988,675 | |||
Health care providers and services 6.0% | |||||
Cardinal Health, Inc. | 167,723 | 11,861,371 | |||
Centene Corp. (A) | 146,585 | 13,154,538 | |||
Cigna Corp. | 65,595 | 18,592,903 | |||
CVS Health Corp. | 249,106 | 24,449,754 | |||
Elevance Health, Inc. | 81,871 | 39,716,441 | |||
Pharmaceuticals 5.0% | |||||
AstraZeneca PLC, ADR | 149,200 | 9,307,096 | |||
GSK PLC | 33,695 | 538,615 | |||
Johnson & Johnson | 169,587 | 27,361,167 | |||
Merck & Company, Inc. | 156,452 | 13,354,743 | |||
Pfizer, Inc. | 466,666 | 21,107,303 | |||
Sanofi, ADR | 365,960 | 15,015,339 | |||
Viatris, Inc. | 254,000 | 2,425,700 | |||
Industrials 10.4% | 187,572,434 | ||||
Aerospace and defense 2.5% | |||||
L3Harris Technologies, Inc. | 131,481 | 30,002,649 | |||
The Boeing Company (A) | 89,724 | 14,378,271 | |||
Air freight and logistics 2.6% | |||||
United Parcel Service, Inc., Class B | 239,364 | 46,558,692 | |||
Airlines 0.3% | |||||
Southwest Airlines Company (A) | 131,667 | 4,832,179 | |||
Commercial services and supplies 0.7% | |||||
Stericycle, Inc. (A) | 254,868 | 12,766,338 | |||
Industrial conglomerates 3.4% | |||||
3M Company (B) | 24,700 | 3,071,445 | |||
General Electric Company | 627,351 | 46,072,657 | |||
Siemens AG, ADR | 246,993 | 12,584,293 | |||
Machinery 0.9% | |||||
Cummins, Inc. | 17,500 | 3,768,975 | |||
Flowserve Corp. | 49,106 | 1,496,260 | |||
PACCAR, Inc. | 75,476 | 6,604,905 | |||
Stanley Black & Decker, Inc. | 61,700 | 5,435,770 |
12 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Information technology 7.5% | $134,426,366 | ||||
Communications equipment 0.4% | |||||
Cisco Systems, Inc. | 172,495 | 7,713,976 | |||
Electronic equipment, instruments and components 0.3% | |||||
TE Connectivity, Ltd. | 40,235 | 5,078,059 | |||
IT services 0.9% | |||||
Accenture PLC, Class A | 5,200 | 1,499,992 | |||
Fiserv, Inc. (A) | 139,150 | 14,080,589 | |||
Semiconductors and semiconductor equipment 4.3% | |||||
Applied Materials, Inc. | 135,244 | 12,722,403 | |||
NXP Semiconductors NV | 18,283 | 3,009,016 | |||
Qualcomm, Inc. | 322,045 | 42,596,892 | |||
Texas Instruments, Inc. | 112,749 | 18,627,262 | |||
Software 1.6% | |||||
Citrix Systems, Inc. | 43,511 | 4,471,625 | |||
Microsoft Corp. | 94,185 | 24,626,552 | |||
Materials 5.4% | 97,613,984 | ||||
Chemicals 3.7% | |||||
Akzo Nobel NV | 68,980 | 4,345,833 | |||
CF Industries Holdings, Inc. | 396,813 | 41,054,273 | |||
DuPont de Nemours, Inc. | 18,647 | 1,037,519 | |||
International Flavors & Fragrances, Inc. | 143,602 | 15,865,149 | |||
RPM International, Inc. | 57,300 | 5,338,068 | |||
Containers and packaging 1.7% | |||||
International Paper Company | 720,162 | 29,973,142 | |||
Real estate 4.4% | 78,573,624 | ||||
Equity real estate investment trusts 4.4% | |||||
Equity Residential | 391,808 | 28,672,509 | |||
Rayonier, Inc. | 404,588 | 14,370,966 | |||
Vornado Realty Trust | 52,437 | 1,374,898 | |||
Welltower, Inc. | 63,280 | 4,850,412 | |||
Weyerhaeuser Company | 857,870 | 29,304,839 | |||
Utilities 9.3% | 167,681,465 | ||||
Electric utilities 4.3% | |||||
NextEra Energy, Inc. | 96,259 | 8,187,791 | |||
PG&E Corp. (A) | 147,400 | 1,817,442 | |||
The Southern Company | 803,256 | 61,906,939 | |||
Xcel Energy, Inc. | 73,787 | 5,478,685 | |||
Multi-utilities 5.0% | |||||
Ameren Corp. | 140,420 | 13,005,700 | |||
Dominion Energy, Inc. | 265,670 | 21,731,806 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 13 |
Shares | Value | ||||
Utilities (continued) | |||||
Multi-utilities (continued) | |||||
NiSource, Inc. | 534,756 | $15,780,650 | |||
Sempra Energy | 241,089 | 39,772,452 | |||
Preferred securities 1.1% | $20,740,360 | ||||
(Cost $19,469,913) | |||||
Health care 0.4% | 7,469,152 | ||||
Health care equipment and supplies 0.4% | |||||
Becton, Dickinson and Company, 6.000% | 147,904 | 7,469,152 | |||
Utilities 0.7% | 13,271,208 | ||||
Electric utilities 0.4% | |||||
NextEra Energy, Inc., 5.279% | 127,698 | 6,645,404 | |||
Multi-utilities 0.3% | |||||
NiSource, Inc., 7.750% | 58,408 | 6,625,804 | |||
Yield (%) | Shares | Value | |||
Short-term investments 1.1% | $19,984,280 | ||||
(Cost $19,984,321) | |||||
Short-term funds 1.1% | 19,984,280 | ||||
John Hancock Collateral Trust (C) | 2.3160(D) | 625,769 | 6,253,562 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 2.2409(D) | 1,065,688 | 1,065,688 | ||
T. Rowe Price Government Reserve Fund | 2.3595(D) | 12,665,030 | 12,665,030 |
Total investments (Cost $1,298,593,399) 100.1% | $1,799,829,221 | ||||
Other assets and liabilities, net (0.1%) | (2,477,357) | ||||
Total net assets 100.0% | $1,797,351,864 |
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) | All or a portion of this security is on loan as of 8-31-22. |
(C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(D) | The rate shown is the annualized seven-day yield as of 8-31-22. |
14 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $1,292,339,796) including $9,566,736 of securities loaned | $1,793,575,659 |
Affiliated investments, at value (Cost $6,253,603) | 6,253,562 |
Total investments, at value (Cost $1,298,593,399) | 1,799,829,221 |
Cash | 794,188 |
Foreign currency, at value (Cost $1,027) | 981 |
Dividends and interest receivable | 4,646,230 |
Receivable for fund shares sold | 419,924 |
Receivable for investments sold | 5,975,986 |
Receivable for securities lending income | 1,199 |
Other assets | 113,016 |
Total assets | 1,811,780,745 |
Liabilities | |
Payable for investments purchased | 7,225,926 |
Payable for fund shares repurchased | 572,890 |
Payable upon return of securities loaned | 6,253,592 |
Payable to affiliates | |
Accounting and legal services fees | 65,832 |
Transfer agent fees | 13,524 |
Trustees’ fees | 1,651 |
Other liabilities and accrued expenses | 295,466 |
Total liabilities | 14,428,881 |
Net assets | $1,797,351,864 |
Net assets consist of | |
Paid-in capital | $1,164,713,736 |
Total distributable earnings (loss) | 632,638,128 |
Net assets | $1,797,351,864 |
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 ($121,269,222 ÷ 6,084,447 shares)1 | $19.93 |
Class C ($2,369,895 ÷ 118,565 shares)1 | $19.99 |
Class 1 ($186,174,485 ÷ 9,329,177 shares) | $19.96 |
Class NAV ($1,487,538,262 ÷ 74,660,486 shares) | $19.92 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $20.98 |
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 | ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 15 |
Investment income | |
Dividends | $50,468,460 |
Interest | 102,258 |
Securities lending | 38,191 |
Less foreign taxes withheld | (1,099,702) |
Total investment income | 49,509,207 |
Expenses | |
Investment management fees | 14,200,402 |
Distribution and service fees | 430,842 |
Accounting and legal services fees | 302,335 |
Transfer agent fees | 123,231 |
Trustees’ fees | 34,774 |
Custodian fees | 263,327 |
State registration fees | 48,999 |
Printing and postage | 14,339 |
Professional fees | 107,712 |
Other | 77,437 |
Total expenses | 15,603,398 |
Less expense reductions | (648,589) |
Net expenses | 14,954,809 |
Net investment income | 34,554,398 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 175,411,482 |
Affiliated investments | (8,403) |
Capital gain distributions received from affiliated investments | 1,887 |
175,404,966 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (225,269,346) |
Affiliated investments | (2,843) |
(225,272,189) | |
Net realized and unrealized loss | (49,867,223) |
Decrease in net assets from operations | $(15,312,825) |
16 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $34,554,398 | $37,611,487 |
Net realized gain | 175,404,966 | 130,857,971 |
Change in net unrealized appreciation (depreciation) | (225,272,189) | 539,366,736 |
Increase (decrease) in net assets resulting from operations | (15,312,825) | 707,836,194 |
Distributions to shareholders | ||
From earnings | ||
Class A | (8,043,969) | (1,503,559) |
Class C | (182,321) | (35,081) |
Class 1 | (16,851,647) | (4,522,418) |
Class NAV | (169,415,986) | (46,943,668) |
Total distributions | (194,493,923) | (53,004,726) |
From fund share transactions | (246,588,248) | (286,524,813) |
Total increase (decrease) | (456,394,996) | 368,306,655 |
Net assets | ||
Beginning of year | 2,253,746,860 | 1,885,440,205 |
End of year | $1,797,351,864 | $2,253,746,860 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 17 |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $22.20 | $16.28 | $18.31 | $20.97 | $20.22 |
Net investment income1 | 0.27 | 0.27 | 0.33 | 0.36 | 0.31 |
Net realized and unrealized gain (loss) on investments | (0.64) | 6.06 | (0.90) | (0.84) | 2.22 |
Total from investment operations | (0.37) | 6.33 | (0.57) | (0.48) | 2.53 |
Less distributions | |||||
From net investment income | (0.27) | (0.30) | (0.38) | (0.36) | (0.33) |
From net realized gain | (1.63) | (0.11) | (1.08) | (1.82) | (1.45) |
Total distributions | (1.90) | (0.41) | (1.46) | (2.18) | (1.78) |
Net asset value, end of period | $19.93 | $22.20 | $16.28 | $18.31 | $20.97 |
Total return (%)2,3 | (1.91) | 39.49 | (3.96) | (0.94) | 12.83 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $121 | $90 | $59 | $51 | $43 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.14 | 1.14 | 1.17 | 1.16 | 1.18 |
Expenses including reductions | 1.11 | 1.11 | 1.14 | 1.13 | 1.14 |
Net investment income | 1.29 | 1.36 | 1.99 | 1.97 | 1.52 |
Portfolio turnover (%) | 15 | 22 | 31 | 26 | 19 |
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. |
18 | JOHN HANCOCK Equity Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $22.25 | $16.32 | $18.34 | $21.00 | $20.25 |
Net investment income1 | 0.12 | 0.14 | 0.22 | 0.24 | 0.17 |
Net realized and unrealized gain (loss) on investments | (0.63) | 6.07 | (0.90) | (0.86) | 2.22 |
Total from investment operations | (0.51) | 6.21 | (0.68) | (0.62) | 2.39 |
Less distributions | |||||
From net investment income | (0.12) | (0.17) | (0.26) | (0.22) | (0.19) |
From net realized gain | (1.63) | (0.11) | (1.08) | (1.82) | (1.45) |
Total distributions | (1.75) | (0.28) | (1.34) | (2.04) | (1.64) |
Net asset value, end of period | $19.99 | $22.25 | $16.32 | $18.34 | $21.00 |
Total return (%)2,3 | (2.56) | 38.50 | (4.60) | (1.66) | 12.00 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2 | $2 | $2 | $3 | $3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.84 | 1.84 | 1.87 | 1.86 | 1.88 |
Expenses including reductions | 1.81 | 1.81 | 1.84 | 1.83 | 1.84 |
Net investment income | 0.58 | 0.69 | 1.28 | 1.28 | 0.80 |
Portfolio turnover (%) | 15 | 22 | 31 | 26 | 19 |
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 | ANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 19 |
CLASS 1 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $22.22 | $16.30 | $18.33 | $20.99 | $20.24 |
Net investment income1 | 0.35 | 0.34 | 0.40 | 0.43 | 0.39 |
Net realized and unrealized gain (loss) on investments | (0.63) | 6.06 | (0.91) | (0.85) | 2.21 |
Total from investment operations | (0.28) | 6.40 | (0.51) | (0.42) | 2.60 |
Less distributions | |||||
From net investment income | (0.35) | (0.37) | (0.44) | (0.42) | (0.40) |
From net realized gain | (1.63) | (0.11) | (1.08) | (1.82) | (1.45) |
Total distributions | (1.98) | (0.48) | (1.52) | (2.24) | (1.85) |
Net asset value, end of period | $19.96 | $22.22 | $16.30 | $18.33 | $20.99 |
Total return (%)2 | (1.48) | 39.95 | (3.58) | (0.57) | 13.21 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $186 | $194 | $160 | $197 | $235 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.77 | 0.77 | 0.79 | 0.80 | 0.82 |
Expenses including reductions | 0.74 | 0.74 | 0.76 | 0.77 | 0.78 |
Net investment income | 1.65 | 1.74 | 2.35 | 2.32 | 1.86 |
Portfolio turnover (%) | 15 | 22 | 31 | 26 | 19 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
20 | JOHN HANCOCK Equity Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $22.19 | $16.28 | $18.31 | $20.97 | $20.22 |
Net investment income1 | 0.36 | 0.35 | 0.41 | 0.44 | 0.40 |
Net realized and unrealized gain (loss) on investments | (0.64) | 6.05 | (0.91) | (0.85) | 2.21 |
Total from investment operations | (0.28) | 6.40 | (0.50) | (0.41) | 2.61 |
Less distributions | |||||
From net investment income | (0.36) | (0.38) | (0.45) | (0.43) | (0.41) |
From net realized gain | (1.63) | (0.11) | (1.08) | (1.82) | (1.45) |
Total distributions | (1.99) | (0.49) | (1.53) | (2.25) | (1.86) |
Net asset value, end of period | $19.92 | $22.19 | $16.28 | $18.31 | $20.97 |
Total return (%)2 | (1.49) | 40.01 | (3.53) | (0.52) | 13.28 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1,488 | $1,968 | $1,664 | $1,495 | $1,344 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.72 | 0.72 | 0.74 | 0.75 | 0.77 |
Expenses including reductions | 0.69 | 0.69 | 0.71 | 0.72 | 0.73 |
Net investment income | 1.69 | 1.79 | 2.41 | 2.38 | 1.92 |
Portfolio turnover (%) | 15 | 22 | 31 | 26 | 19 |
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 | ANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 21 |
22 | JOHN HANCOCK Equity Income Fund | ANNUAL REPORT |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $94,706,164 | $94,706,164 | — | — |
Consumer discretionary | 70,891,090 | 70,891,090 | — | — |
Consumer staples | 121,706,912 | 121,706,912 | — | — |
Energy | 141,032,015 | 141,032,015 | — | — |
Financials | 367,413,353 | 367,413,353 | — | — |
Health care | 297,487,174 | 296,948,559 | $538,615 | — |
Industrials | 187,572,434 | 187,572,434 | — | — |
Information technology | 134,426,366 | 134,426,366 | — | — |
Materials | 97,613,984 | 93,268,151 | 4,345,833 | — |
Real estate | 78,573,624 | 78,573,624 | — | — |
Utilities | 167,681,465 | 167,681,465 | — | — |
Preferred securities | 20,740,360 | 20,740,360 | — | — |
Short-term investments | 19,984,280 | 19,984,280 | — | — |
Total investments in securities | $1,799,829,221 | $1,794,944,773 | $4,884,448 | — |
ANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 23 |
24 | JOHN HANCOCK Equity Income Fund | ANNUAL REPORT |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $50,531,228 | $40,509,007 |
Long-term capital gains | 143,962,695 | 12,495,719 |
Total | $194,493,923 | $53,004,726 |
ANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 25 |
Aggregate daily net assets ($) | 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% |
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. |
26 | JOHN HANCOCK Equity Income Fund | ANNUAL REPORT |
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. |
Class | Expense reduction |
Class A | $32,454 |
Class C | 747 |
Class 1 | 60,383 |
Class | Expense reduction |
Class NAV | $555,005 |
Total | $648,589 |
ANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 27 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class C | 1.00% |
Class 1 | 0.05% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $310,422 | $120,457 |
Class C | 23,880 | 2,774 |
Class 1 | 96,540 | — |
Total | $430,842 | $123,231 |
28 | JOHN HANCOCK Equity Income Fund | ANNUAL REPORT |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $19,250,000 | 2 | 1.333% | $1,426 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 2,477,487 | $51,779,220 | 1,081,793 | $21,785,112 |
Distributions reinvested | 388,574 | 8,027,170 | 82,483 | 1,501,984 |
Repurchased | (820,590) | (17,181,895) | (764,226) | (14,473,353) |
Net increase | 2,045,471 | $42,624,495 | 400,050 | $8,813,743 |
Class C shares | ||||
Sold | 35,301 | $742,669 | 16,351 | $291,635 |
Distributions reinvested | 8,786 | 182,321 | 1,975 | 35,081 |
Repurchased | (32,585) | (689,740) | (42,466) | (821,019) |
Net increase (decrease) | 11,502 | $235,250 | (24,140) | $(494,303) |
Class 1 shares | ||||
Sold | 858,706 | $18,252,736 | 550,196 | $11,206,083 |
Distributions reinvested | 814,733 | 16,851,647 | 248,130 | 4,522,418 |
Repurchased | (1,052,541) | (22,417,033) | (1,896,386) | (37,252,440) |
Net increase (decrease) | 620,898 | $12,687,350 | (1,098,060) | $(21,523,939) |
Class NAV shares | ||||
Sold | 1,214,956 | $26,270,657 | 3,610,365 | $71,477,981 |
Distributions reinvested | 8,198,722 | 169,415,986 | 2,582,451 | 46,943,668 |
Repurchased | (23,441,598) | (497,821,986) | (19,736,525) | (391,741,963) |
Net decrease | (14,027,920) | $(302,135,343) | (13,543,709) | $(273,320,314) |
Total net decrease | (11,350,049) | $(246,588,248) | (14,265,859) | $(286,524,813) |
ANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 29 |
Fund | Affiliated Concentration |
JHF II Multimanager Lifestyle Growth Portfolio | 30.5% |
JHF II Multimanager Lifestyle Balanced Portfolio | 18.5% |
JHF II Multimanager Lifestyle Aggressive Portfolio | 13.5% |
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* | 625,769 | $12,734,553 | $64,023,817 | $(70,493,562) | $(8,403) | $(2,843) | $38,191 | $1,887 | $6,253,562 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
30 | JOHN HANCOCK Equity Income Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 31 |
32 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 33 |
34 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 35 |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
36 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
(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 |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 37 |
(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 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 Trust (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 Trust’s Advisor and Subadvisor; |
38 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 39 |
(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) | noted that 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. |
40 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 41 |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
42 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 43 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
44 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 45 |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
46 | JOHN HANCOCK EQUITY INCOME FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
ANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 47 |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406916 | 458A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 1 |
2 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
Amazon.com, Inc. | 8.8 |
eBay, Inc. | 6.3 |
Danone SA | 5.6 |
Anheuser-Busch InBev SA/NV | 5.6 |
Cie Financiere Richemont SA, A Shares | 4.9 |
Ferrari NV | 4.5 |
Heineken Holding NV | 4.4 |
Alphabet, Inc., Class A | 4.4 |
Liberty Media Corp.-Liberty Formula One, Series A | 4.2 |
Walmart, Inc. | 4.2 |
TOTAL | 52.9 |
Cash and cash equivalents are not included. |
COUNTRY COMPOSITION AS OF 8/31/2022 (% of net assets) | |
United States | 55.9 |
France | 8.0 |
Netherlands | 7.5 |
Italy | 7.2 |
Switzerland | 6.6 |
Belgium | 5.6 |
United Kingdom | 4.4 |
Spain | 2.2 |
Taiwan | 1.4 |
Japan | 1.2 |
TOTAL | 100.0 |
4 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A | -25.84 | 2.77 | 7.79 | 14.61 | 111.71 |
Class I1 | -21.75 | 4.13 | 8.71 | 22.41 | 130.42 |
Class R61,2 | -21.68 | 4.24 | 8.59 | 23.06 | 127.92 |
Class NAV1 | -21.68 | 4.25 | 8.82 | 23.14 | 132.84 |
Index† | -15.08 | 7.85 | 9.47 | 45.95 | 147.05 |
Class A | Class I | Class R6 | Class NAV | |
Gross (%) | 1.31 | 1.01 | 0.90 | 0.89 |
Net (%) | 1.30 | 1.00 | 0.89 | 0.88 |
6 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class I1 | 8-31-12 | 23,042 | 23,042 | 24,705 |
Class R61,2 | 8-31-12 | 22,792 | 22,792 | 24,705 |
Class NAV1 | 8-31-12 | 23,284 | 23,284 | 24,705 |
1 | For certain types of investors, as described in the portfolio’s prospectuses. |
2 | Class R6 shares were first offered on 2-13-17. Returns prior to this date are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 7 |
8 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $856.70 | $6.13 | 1.31% |
Hypothetical example | 1,000.00 | 1,018.60 | 6.67 | 1.31% | |
Class I | Actual expenses/actual returns | 1,000.00 | 858.20 | 4.68 | 1.00% |
Hypothetical example | 1,000.00 | 1,020.20 | 5.09 | 1.00% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 858.60 | 4.22 | 0.90% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.58 | 0.90% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 858.60 | 4.17 | 0.89% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.53 | 0.89% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 9 |
Shares | Value | ||||
Common stocks 97.8% | $323,479,336 | ||||
(Cost $279,922,933) | |||||
Belgium 5.6% | 18,418,789 | ||||
Anheuser-Busch InBev SA/NV | 381,383 | 18,418,789 | |||
France 8.0% | 26,496,007 | ||||
Danone SA | 350,940 | 18,466,655 | |||
Sodexo SA | 104,986 | 8,029,352 | |||
Italy 7.2% | 23,804,036 | ||||
Ferrari NV | 76,431 | 14,878,058 | |||
Salvatore Ferragamo SpA | 554,953 | 8,925,978 | |||
Japan 1.2% | 3,912,804 | ||||
Asics Corp. | 214,000 | 3,912,804 | |||
Netherlands 7.5% | 24,843,577 | ||||
EXOR NV | 169,785 | 10,221,975 | |||
Heineken Holding NV | 206,117 | 14,621,602 | |||
Spain 2.2% | 7,180,799 | ||||
Cellnex Telecom SA (A)(B) | 184,393 | 7,180,799 | |||
Switzerland 6.5% | 21,425,135 | ||||
Cie Financiere Richemont SA, A Shares | 144,440 | 16,152,499 | |||
Dufry AG (B) | 141,310 | 5,272,636 | |||
Taiwan 1.4% | 4,727,862 | ||||
Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 56,723 | 4,727,862 | |||
United Kingdom 4.4% | 14,699,816 | ||||
Associated British Foods PLC | 363,297 | 6,416,168 | |||
GSK PLC | 419,557 | 6,706,606 | |||
Haleon PLC (B) | 524,448 | 1,577,042 | |||
United States 53.8% | 177,970,511 | ||||
Alphabet, Inc., Class A (B) | 132,912 | 14,383,737 | |||
Amazon.com, Inc. (B) | 230,058 | 29,164,451 | |||
American Tower Corp. | 36,418 | 9,251,993 | |||
Analog Devices, Inc. | 42,352 | 6,417,599 | |||
CarGurus, Inc. (B) | 216,139 | 4,041,799 | |||
CDW Corp. | 32,039 | 5,469,057 | |||
Comcast Corp., Class A | 330,439 | 11,958,587 | |||
eBay, Inc. | 473,668 | 20,902,969 | |||
Las Vegas Sands Corp. (B) | 161,830 | 6,089,663 | |||
Liberty Media Corp.-Liberty Formula One, Series A (B) | 239,332 | 13,912,369 | |||
Moderna, Inc. (B) | 67,598 | 8,941,187 |
10 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
United States (continued) | |||||
Oracle Corp. | 175,585 | $13,019,628 | |||
Post Holdings, Inc. (B) | 56,126 | 4,981,744 | |||
salesforce.com, Inc. (B) | 43,049 | 6,720,810 | |||
The Boston Beer Company, Inc., Class A (B) | 14,584 | 4,915,975 | |||
The Hain Celestial Group, Inc. (B) | 201,396 | 4,080,283 | |||
Walmart, Inc. | 103,498 | 13,718,660 | |||
Warrants 0.1% | $376,271 | ||||
(Cost $0) | |||||
Cie Financiere Richemont SA (Expiration Date: 11-22-23; Strike Price: CHF 67.00) (B) | 583,817 | 376,271 | |||
Yield (%) | Shares | Value | |||
Short-term investments 1.8% | $5,880,592 | ||||
(Cost $5,880,592) | |||||
Short-term funds 1.8% | 5,880,592 | ||||
JPMorgan U.S. Treasury Plus Money Market Fund, Institutional Class | 1.9200(C) | 5,880,592 | 5,880,592 |
Total investments (Cost $285,803,525) 99.7% | $329,736,199 | ||||
Other assets and liabilities, net 0.3% | 900,990 | ||||
Total net assets 100.0% | $330,637,189 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
Currency Abbreviations | |
CHF | Swiss Franc |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
(A) | These securities are 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 8-31-22. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 11 |
Assets | |
Unaffiliated investments, at value (Cost $285,803,525) | $329,736,199 |
Foreign currency, at value (Cost $259) | 256 |
Dividends and interest receivable | 942,013 |
Receivable for fund shares sold | 805 |
Receivable for investments sold | 9,215 |
Other assets | 47,746 |
Total assets | 330,736,234 |
Liabilities | |
Payable for fund shares repurchased | 6,202 |
Payable to affiliates | |
Accounting and legal services fees | 13,989 |
Transfer agent fees | 3,996 |
Trustees’ fees | 375 |
Other liabilities and accrued expenses | 74,483 |
Total liabilities | 99,045 |
Net assets | $330,637,189 |
Net assets consist of | |
Paid-in capital | $272,466,275 |
Total distributable earnings (loss) | 58,170,914 |
Net assets | $330,637,189 |
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 ($5,020,233 ÷ 491,277 shares)1 | $10.22 |
Class I ($8,471,484 ÷ 818,732 shares) | $10.35 |
Class R6 ($10,507,124 ÷ 1,012,408 shares) | $10.38 |
Class NAV ($306,638,348 ÷ 29,538,810 shares) | $10.38 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $10.76 |
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. |
12 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $5,472,329 |
Interest | 42,564 |
Less foreign taxes withheld | (446,713) |
Total investment income | 5,068,180 |
Expenses | |
Investment management fees | 3,679,438 |
Distribution and service fees | 17,830 |
Accounting and legal services fees | 66,708 |
Transfer agent fees | 101,730 |
Trustees’ fees | 7,688 |
Custodian fees | 134,909 |
State registration fees | 59,697 |
Printing and postage | 18,708 |
Professional fees | 68,891 |
Other | 31,369 |
Total expenses | 4,186,968 |
Less expense reductions | (39,565) |
Net expenses | 4,147,403 |
Net investment income | 920,777 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 23,559,164 |
23,559,164 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (128,588,435) |
(128,588,435) | |
Net realized and unrealized loss | (105,029,271) |
Decrease in net assets from operations | $(104,108,494) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 13 |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $920,777 | $123,552 |
Net realized gain | 23,559,164 | 37,567,702 |
Change in net unrealized appreciation (depreciation) | (128,588,435) | 89,807,284 |
Increase (decrease) in net assets resulting from operations | (104,108,494) | 127,498,538 |
Distributions to shareholders | ||
From earnings | ||
Class A | (566,982) | (420,778) |
Class I | (8,147,464) | (6,291,435) |
Class R6 | (1,071,842) | (904,215) |
Class NAV | (33,523,141) | (27,413,916) |
Total distributions | (43,309,429) | (35,030,344) |
From fund share transactions | (41,842,590) | (13,143,224) |
Total increase (decrease) | (189,260,513) | 79,324,970 |
Net assets | ||
Beginning of year | 519,897,702 | 440,572,732 |
End of year | $330,637,189 | $519,897,702 |
14 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $14.34 | $12.02 | $11.91 | $13.03 | $14.21 |
Net investment income (loss)1 | (0.02) | (0.05) | (0.01) | 0.02 | 0.05 |
Net realized and unrealized gain (loss) on investments | (2.86) | 3.37 | 0.86 | 0.26 | 0.84 |
Total from investment operations | (2.88) | 3.32 | 0.85 | 0.28 | 0.89 |
Less distributions | |||||
From net investment income | — | — | (0.05) | (0.02) | (0.08) |
From net realized gain | (1.24) | (1.00) | (0.69) | (1.38) | (1.99) |
Total distributions | (1.24) | (1.00) | (0.74) | (1.40) | (2.07) |
Net asset value, end of period | $10.22 | $14.34 | $12.02 | $11.91 | $13.03 |
Total return (%)2,3 | (21.96) | 28.93 | 7.34 | 4.61 | 6.80 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $5 | $7 | $5 | $5 | $3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.30 | 1.30 | 1.32 | 1.31 | 1.29 |
Expenses including reductions | 1.29 | 1.29 | 1.31 | 1.30 | 1.28 |
Net investment income (loss) | (0.18) | (0.38) | (0.09) | 0.20 | 0.41 |
Portfolio turnover (%) | 30 | 34 | 49 | 26 | 40 |
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 | ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 15 |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $14.47 | $12.08 | $11.97 | $13.10 | $14.28 |
Net investment income (loss)1 | 0.01 | (0.01) | 0.03 | 0.09 | 0.07 |
Net realized and unrealized gain (loss) on investments | (2.89) | 3.40 | 0.86 | 0.22 | 0.86 |
Total from investment operations | (2.88) | 3.39 | 0.89 | 0.31 | 0.93 |
Less distributions | |||||
From net investment income | — | — | (0.09) | (0.06) | (0.12) |
From net realized gain | (1.24) | (1.00) | (0.69) | (1.38) | (1.99) |
Total distributions | (1.24) | (1.00) | (0.78) | (1.44) | (2.11) |
Net asset value, end of period | $10.35 | $14.47 | $12.08 | $11.97 | $13.10 |
Total return (%)2 | (21.75) | 29.39 | 7.60 | 4.90 | 7.10 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $8 | $94 | $75 | $31 | $5 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.00 | 1.00 | 1.02 | 1.01 | 1.00 |
Expenses including reductions | 0.99 | 0.99 | 1.01 | 1.01 | 0.99 |
Net investment income (loss) | 0.09 | (0.08) | 0.27 | 0.77 | 0.56 |
Portfolio turnover (%) | 30 | 34 | 49 | 26 | 40 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
16 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $14.50 | $12.10 | $11.98 | $13.11 | $14.29 |
Net investment income1 | 0.03 | —2 | 0.04 | 0.08 | 0.13 |
Net realized and unrealized gain (loss) on investments | (2.91) | 3.41 | 0.87 | 0.24 | 0.81 |
Total from investment operations | (2.88) | 3.41 | 0.91 | 0.32 | 0.94 |
Less distributions | |||||
From net investment income | —2 | (0.01) | (0.10) | (0.07) | (0.13) |
From net realized gain | (1.24) | (1.00) | (0.69) | (1.38) | (1.99) |
Total distributions | (1.24) | (1.01) | (0.79) | (1.45) | (2.12) |
Net asset value, end of period | $10.38 | $14.50 | $12.10 | $11.98 | $13.11 |
Total return (%)3 | (21.68) | 29.48 | 7.80 | 5.02 | 7.19 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $11 | $13 | $11 | $7 | $4 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.89 | 0.89 | 0.90 | 0.90 | 0.89 |
Expenses including reductions | 0.88 | 0.89 | 0.90 | 0.90 | 0.89 |
Net investment income | 0.27 | 0.03 | 0.35 | 0.71 | 1.05 |
Portfolio turnover (%) | 30 | 34 | 49 | 26 | 40 |
1 | Based on average daily shares outstanding. |
2 | Less than $0.005 per share. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 17 |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $14.50 | $12.10 | $11.98 | $13.11 | $14.29 |
Net investment income1 | 0.03 | 0.01 | 0.04 | 0.07 | 0.09 |
Net realized and unrealized gain (loss) on investments | (2.91) | 3.40 | 0.87 | 0.26 | 0.85 |
Total from investment operations | (2.88) | 3.41 | 0.91 | 0.33 | 0.94 |
Less distributions | |||||
From net investment income | —2 | (0.01) | (0.10) | (0.08) | (0.13) |
From net realized gain | (1.24) | (1.00) | (0.69) | (1.38) | (1.99) |
Total distributions | (1.24) | (1.01) | (0.79) | (1.46) | (2.12) |
Net asset value, end of period | $10.38 | $14.50 | $12.10 | $11.98 | $13.11 |
Total return (%)3 | (21.68) | 29.49 | 7.81 | 5.04 | 7.21 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $307 | $406 | $349 | $444 | $425 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.88 | 0.88 | 0.89 | 0.89 | 0.88 |
Expenses including reductions | 0.88 | 0.88 | 0.88 | 0.88 | 0.87 |
Net investment income | 0.23 | 0.05 | 0.32 | 0.63 | 0.65 |
Portfolio turnover (%) | 30 | 34 | 49 | 26 | 40 |
1 | Based on average daily shares outstanding. |
2 | Less than $0.005 per share. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
18 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
ANNUAL REPORT | JOHN HANCOCK Fundamental Global Franchise Fund | 19 |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Belgium | $18,418,789 | — | $18,418,789 | — |
France | 26,496,007 | — | 26,496,007 | — |
Italy | 23,804,036 | $14,878,058 | 8,925,978 | — |
Japan | 3,912,804 | — | 3,912,804 | — |
Netherlands | 24,843,577 | — | 24,843,577 | — |
Spain | 7,180,799 | — | 7,180,799 | — |
Switzerland | 21,425,135 | — | 21,425,135 | — |
Taiwan | 4,727,862 | 4,727,862 | — | — |
United Kingdom | 14,699,816 | — | 14,699,816 | — |
United States | 177,970,511 | 177,970,511 | — | — |
Warrants | 376,271 | 376,271 | — | — |
Short-term investments | 5,880,592 | 5,880,592 | — | — |
Total investments in securities | $329,736,199 | $203,833,294 | $125,902,905 | — |
20 | JOHN HANCOCK Fundamental Global Franchise Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Fundamental Global Franchise Fund | 21 |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $15,416,448 | $8,412,490 |
Long-term capital gains | 27,892,981 | 26,617,854 |
Total | $43,309,429 | $35,030,344 |
22 | JOHN HANCOCK Fundamental Global Franchise Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $511 |
Class I | 7,025 |
Class R6 | 965 |
Class | Expense reduction |
Class NAV | $31,064 |
Total | $39,565 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
ANNUAL REPORT | JOHN HANCOCK Fundamental Global Franchise Fund | 23 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $17,830 | $6,880 |
Class I | — | 93,828 |
Class R6 | — | 1,022 |
Total | $17,830 | $101,730 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $16,300,000 | 1 | 0.540% | $245 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 76,871 | $947,119 | 75,497 | $979,384 |
Distributions reinvested | 43,347 | 566,982 | 33,875 | 419,376 |
Repurchased | (91,044) | (1,113,556) | (77,678) | (976,604) |
Net increase | 29,174 | $400,545 | 31,694 | $422,156 |
Class I shares | ||||
Sold | 1,317,234 | $16,646,200 | 1,764,098 | $22,710,826 |
Distributions reinvested | 616,765 | 8,147,464 | 504,931 | 6,291,435 |
Repurchased | (7,637,968) | (87,214,238) | (1,991,659) | (25,621,000) |
Net increase (decrease) | (5,703,969) | $(62,420,574) | 277,370 | $3,381,261 |
24 | JOHN HANCOCK Fundamental Global Franchise Fund | ANNUAL REPORT |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class R6 shares | ||||
Sold | 331,133 | $3,914,006 | 243,349 | $3,066,554 |
Distributions reinvested | 80,955 | 1,071,842 | 71,170 | 888,206 |
Repurchased | (264,679) | (3,558,752) | (360,421) | (4,528,393) |
Net increase (decrease) | 147,409 | $1,427,096 | (45,902) | $(573,633) |
Class NAV shares | ||||
Sold | 1,156,987 | $14,592,199 | 4,518,819 | $57,619,267 |
Distributions reinvested | 2,531,959 | 33,523,141 | 2,196,628 | 27,413,916 |
Repurchased | (2,174,154) | (29,364,997) | (7,528,532) | (101,406,191) |
Net increase (decrease) | 1,514,792 | $18,750,343 | (813,085) | $(16,373,008) |
Total net decrease | (4,012,594) | $(41,842,590) | (549,923) | $(13,143,224) |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 32.2% |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 30.1% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 8.9% |
John Hancock Funds II Multimanager 2025 Lifetime Portfolio | 5.2% |
ANNUAL REPORT | JOHN HANCOCK Fundamental Global Franchise Fund | 25 |
26 | JOHN HANCOCK Fundamental Global Franchise Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 27 |
28 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 29 |
(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; |
30 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 31 |
(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 |
32 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
(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 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) | 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 Trust (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. |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 33 |
(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) | noted that 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. |
34 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 35 |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
36 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 37 |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
38 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 39 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
40 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
ANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 41 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Jonathan T. White, CFA
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
42 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | ANNUAL REPORT |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406921 | 398A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 1 |
2 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
Microsoft Corp. | 6.1 |
Alphabet, Inc., Class A | 4.9 |
Corteva, Inc. | 3.4 |
TotalEnergies SE | 3.4 |
UnitedHealth Group, Inc. | 3.1 |
Philip Morris International, Inc. | 3.0 |
Johnson & Johnson | 2.9 |
Samsung Electronics Company, Ltd. | 2.6 |
Reckitt Benckiser Group PLC | 2.6 |
ConocoPhillips | 2.6 |
TOTAL | 34.6 |
Cash and cash equivalents are not included. |
COUNTRY COMPOSITION AS OF 8/31/2022 (% of net assets) | |
United States | 57.5 |
France | 11.7 |
United Kingdom | 8.0 |
Japan | 7.3 |
Switzerland | 4.3 |
Netherlands | 4.0 |
Ireland | 2.7 |
South Korea | 2.6 |
Spain | 1.0 |
Other countries | 0.9 |
TOTAL | 100.0 |
4 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | Since inception (5-16-13) | 5-year | Since inception (5-16-13) | |
Class A | -18.36 | 4.87 | 6.01 | 26.86 | 72.11 |
Class C1 | -15.36 | 5.23 | 6.02 | 29.05 | 72.18 |
Class I2 | -13.84 | 6.26 | 6.92 | 35.49 | 86.19 |
Class R21,2 | -14.12 | 5.89 | 6.59 | 33.11 | 80.94 |
Class R41,2 | -13.88 | 6.22 | 6.82 | 35.23 | 84.66 |
Class R61,2 | -13.73 | 6.39 | 6.95 | 36.30 | 86.79 |
Class NAV2 | -13.72 | 6.40 | 7.05 | 36.39 | 88.39 |
Index† | -15.08 | 7.85 | 8.08 | 45.95 | 105.84 |
Class A | Class C | Class I | Class R2 | Class R4 | Class R6 | Class NAV | |
Gross (%) | 1.28 | 1.98 | 0.98 | 1.38 | 1.23 | 0.88 | 0.87 |
Net (%) | 1.27 | 1.97 | 0.97 | 1.37 | 1.12 | 0.87 | 0.86 |
6 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 5-16-13 | 17,218 | 17,218 | 20,584 |
Class I2 | 5-16-13 | 18,619 | 18,619 | 20,584 |
Class R21,2 | 5-16-13 | 18,094 | 18,094 | 20,584 |
Class R41,2 | 5-16-13 | 18,466 | 18,466 | 20,584 |
Class R61,2 | 5-16-13 | 18,679 | 18,679 | 20,584 |
Class NAV2 | 5-16-13 | 18,839 | 18,839 | 20,584 |
1 | Class C, Class R2, Class R4, and Class R6 shares were first offered on 3-27-15. Returns prior to this date are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 7 |
8 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $896.30 | $6.21 | 1.30% |
Hypothetical example | 1,000.00 | 1,018.70 | 6.61 | 1.30% | |
Class C | Actual expenses/actual returns | 1,000.00 | 893.70 | 9.55 | 2.00% |
Hypothetical example | 1,000.00 | 1,015.10 | 10.16 | 2.00% | |
Class I | Actual expenses/actual returns | 1,000.00 | 897.20 | 4.78 | 1.00% |
Hypothetical example | 1,000.00 | 1,020.20 | 5.09 | 1.00% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 895.80 | 6.64 | 1.39% |
Hypothetical example | 1,000.00 | 1,018.20 | 7.07 | 1.39% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 897.20 | 5.07 | 1.06% |
Hypothetical example | 1,000.00 | 1,019.90 | 5.40 | 1.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 897.90 | 4.21 | 0.88% |
Hypothetical example | 1,000.00 | 1,020.80 | 4.48 | 0.88% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 897.90 | 4.21 | 0.88% |
Hypothetical example | 1,000.00 | 1,020.80 | 4.48 | 0.88% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 9 |
Shares | Value | ||||
Common stocks 95.8% | $693,440,433 | ||||
(Cost $650,024,028) | |||||
France 11.7% | 84,667,794 | ||||
Air Liquide SA | 139,460 | 17,476,204 | |||
Capgemini SE | 85,963 | 14,852,575 | |||
Carrefour SA | 661,002 | 11,032,493 | |||
Cie Generale des Etablissements Michelin SCA | 397,200 | 9,660,454 | |||
Sanofi | 91,562 | 7,485,212 | |||
TotalEnergies SE | 477,205 | 24,160,856 | |||
Germany 0.9% | 6,675,391 | ||||
Deutsche Post AG | 182,891 | 6,675,391 | |||
Ireland 2.7% | 19,370,866 | ||||
Accenture PLC, Class A | 29,980 | 8,648,031 | |||
CRH PLC | 291,874 | 10,722,835 | |||
Japan 7.3% | 52,632,957 | ||||
FANUC Corp. | 71,104 | 11,454,803 | |||
Mitsubishi Estate Company, Ltd. | 856,278 | 11,531,387 | |||
Sumitomo Mitsui Financial Group, Inc. | 439,200 | 13,247,705 | |||
Tokyo Electric Power Company Holdings, Inc. (A) | 4,199,000 | 16,399,062 | |||
Netherlands 4.0% | 28,676,487 | ||||
ING Groep NV | 969,447 | 8,496,697 | |||
Koninklijke Ahold Delhaize NV | 424,644 | 11,680,656 | |||
Stellantis NV | 638,045 | 8,499,134 | |||
Spain 1.0% | 7,072,486 | ||||
Amadeus IT Group SA (A) | 133,975 | 7,072,486 | |||
Switzerland 4.3% | 31,506,077 | ||||
Chubb, Ltd. | 68,351 | 12,921,757 | |||
Roche Holding AG | 57,672 | 18,584,320 | |||
United Kingdom 8.0% | 57,791,899 | ||||
Amcor PLC, CHESS Depositary Interest | 1,189,982 | 14,405,297 | |||
Associated British Foods PLC | 580,261 | 10,247,957 | |||
AstraZeneca PLC | 57,266 | 7,083,344 | |||
Ferguson PLC | 62,022 | 7,182,633 | |||
Reckitt Benckiser Group PLC | 244,587 | 18,872,668 | |||
United States 55.9% | 405,046,476 | ||||
Alphabet, Inc., Class A (A) | 327,365 | 35,427,440 | |||
Apple, Inc. | 94,864 | 14,914,518 | |||
Arthur J. Gallagher & Company | 70,709 | 12,838,633 | |||
AutoZone, Inc. (A) | 3,511 | 7,440,546 |
10 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
United States (continued) | |||||
Bank of America Corp. | 211,944 | $7,123,438 | |||
Cisco Systems, Inc. | 339,023 | 15,161,109 | |||
Comcast Corp., Class A | 142,032 | 5,140,138 | |||
ConocoPhillips | 171,546 | 18,775,710 | |||
Corteva, Inc. | 405,285 | 24,896,658 | |||
Electronic Arts, Inc. | 116,763 | 14,813,722 | |||
Huntington Bancshares, Inc. | 535,024 | 7,169,322 | |||
Intercontinental Exchange, Inc. | 94,522 | 9,532,544 | |||
Johnson & Johnson | 128,137 | 20,673,624 | |||
Meta Platforms, Inc., Class A (A) | 56,090 | 9,138,744 | |||
Microsoft Corp. | 169,094 | 44,213,003 | |||
Northrop Grumman Corp. | 16,047 | 7,670,306 | |||
Oracle Corp. | 228,942 | 16,976,049 | |||
Otis Worldwide Corp. | 211,976 | 15,308,907 | |||
Philip Morris International, Inc. | 230,884 | 22,047,113 | |||
T-Mobile US, Inc. (A) | 111,369 | 16,032,681 | |||
UnitedHealth Group, Inc. | 42,547 | 22,095,934 | |||
Visa, Inc., Class A | 88,459 | 17,577,688 | |||
Walmart, Inc. | 77,809 | 10,313,583 | |||
Waste Management, Inc. | 100,097 | 16,919,396 | |||
Wells Fargo & Company | 293,884 | 12,845,670 | |||
Preferred securities 2.6% | $18,944,882 | ||||
(Cost $21,262,268) | |||||
South Korea 2.6% | 18,944,882 | ||||
Samsung Electronics Company, Ltd. | 468,328 | 18,944,882 | |||
Yield (%) | Shares | Value | |||
Short-term investments 1.4% | $10,217,288 | ||||
(Cost $10,217,288) | |||||
Short-term funds 1.4% | 10,217,288 | ||||
JPMorgan U.S. Treasury Plus Money Market Fund, Institutional Class | 1.9200(B) | 10,217,288 | 10,217,288 |
Total investments (Cost $681,503,584) 99.8% | $722,602,603 | ||||
Other assets and liabilities, net 0.2% | 1,630,570 | ||||
Total net assets 100.0% | $724,233,173 |
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 | |
(A) | Non-income producing security. |
(B) | The rate shown is the annualized seven-day yield as of 8-31-22. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 11 |
Assets | |
Unaffiliated investments, at value (Cost $681,503,584) | $722,602,603 |
Foreign currency, at value (Cost $132) | 132 |
Dividends and interest receivable | 1,807,033 |
Receivable for fund shares sold | 35,289 |
Other assets | 69,097 |
Total assets | 724,514,154 |
Liabilities | |
Payable for investments purchased | 90,616 |
Payable for fund shares repurchased | 54,448 |
Payable to affiliates | |
Accounting and legal services fees | 25,793 |
Transfer agent fees | 8,581 |
Distribution and service fees | 25 |
Trustees’ fees | 672 |
Other liabilities and accrued expenses | 100,846 |
Total liabilities | 280,981 |
Net assets | $724,233,173 |
Net assets consist of | |
Paid-in capital | $834,930,683 |
Total distributable earnings (loss) | (110,697,510) |
Net assets | $724,233,173 |
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 ($47,932,403 ÷ 4,399,796 shares)1 | $10.89 |
Class C ($2,034,706 ÷ 187,755 shares)1 | $10.84 |
Class I ($20,706,918 ÷ 1,897,136 shares) | $10.91 |
Class R2 ($97,743 ÷ 8,952 shares) | $10.92 |
Class R4 ($55,623 ÷ 5,098 shares) | $10.91 |
Class R6 ($87,190,972 ÷ 7,990,044 shares) | $10.91 |
Class NAV ($566,214,808 ÷ 51,887,468 shares) | $10.91 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $11.46 |
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. |
12 | JOHN HANCOCK Global Equity Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $17,961,185 |
Interest | 68,788 |
Non-cash dividends | 978,285 |
Less foreign taxes withheld | (1,276,667) |
Total investment income | 17,731,591 |
Expenses | |
Investment management fees | 6,352,069 |
Distribution and service fees | 187,546 |
Accounting and legal services fees | 115,032 |
Transfer agent fees | 101,065 |
Trustees’ fees | 12,854 |
Custodian fees | 206,366 |
State registration fees | 97,046 |
Printing and postage | 15,089 |
Professional fees | 93,645 |
Other | 43,338 |
Total expenses | 7,224,050 |
Less expense reductions | (68,302) |
Net expenses | 7,155,748 |
Net investment income | 10,575,843 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 65,381,805 |
65,381,805 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (188,428,245) |
(188,428,245) | |
Net realized and unrealized loss | (123,046,440) |
Decrease in net assets from operations | $(112,470,597) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 13 |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $10,575,843 | $14,881,333 |
Net realized gain | 65,381,805 | 131,120,812 |
Change in net unrealized appreciation (depreciation) | (188,428,245) | 74,309,259 |
Increase (decrease) in net assets resulting from operations | (112,470,597) | 220,311,404 |
Distributions to shareholders | ||
From earnings | ||
Class A | (10,344,847) | (968,204) |
Class C | (460,316) | (41,089) |
Class I | (3,721,142) | (364,900) |
Class R2 | (18,501) | (1,413) |
Class R4 | (13,586) | (1,357) |
Class R6 | (25,127,900) | (4,755,224) |
Class NAV | (106,782,774) | (13,459,075) |
Total distributions | (146,469,066) | (19,591,262) |
From fund share transactions | 55,702,636 | (101,475,067) |
Total increase (decrease) | (203,237,027) | 99,245,075 |
Net assets | ||
Beginning of year | 927,470,200 | 828,225,125 |
End of year | $724,233,173 | $927,470,200 |
14 | JOHN HANCOCK Global Equity Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.43 | $12.36 | $11.47 | $11.92 | $12.03 |
Net investment income1 | 0.12 | 0.18 | 0.12 | 0.18 | 0.16 |
Net realized and unrealized gain (loss) on investments | (1.91) | 3.15 | 1.02 | 0.08 | 0.72 |
Total from investment operations | (1.79) | 3.33 | 1.14 | 0.26 | 0.88 |
Less distributions | |||||
From net investment income | (0.20) | (0.07) | (0.19) | (0.20) | (0.17) |
From net realized gain | (2.55) | (0.19) | (0.06) | (0.51) | (0.82) |
Total distributions | (2.75) | (0.26) | (0.25) | (0.71) | (0.99) |
Net asset value, end of period | $10.89 | $15.43 | $12.36 | $11.47 | $11.92 |
Total return (%)2,3 | (14.08) | 27.30 | 9.99 | 3.23 | 7.50 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $48 | $58 | $45 | $42 | $44 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.29 | 1.28 | 1.31 | 1.30 | 1.28 |
Expenses including reductions | 1.28 | 1.28 | 1.30 | 1.29 | 1.27 |
Net investment income | 0.98 | 1.28 | 1.01 | 1.60 | 1.36 |
Portfolio turnover (%) | 65 | 634 | 74 | 18 | 43 |
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. |
4 | Excludes in-kind transactions. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 15 |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.36 | $12.32 | $11.44 | $11.87 | $11.99 |
Net investment income1 | 0.03 | 0.05 | 0.03 | 0.10 | 0.08 |
Net realized and unrealized gain (loss) on investments | (1.90) | 3.18 | 1.03 | 0.10 | 0.71 |
Total from investment operations | (1.87) | 3.23 | 1.06 | 0.20 | 0.79 |
Less distributions | |||||
From net investment income | (0.10) | — | (0.12) | (0.12) | (0.09) |
From net realized gain | (2.55) | (0.19) | (0.06) | (0.51) | (0.82) |
Total distributions | (2.65) | (0.19) | (0.18) | (0.63) | (0.91) |
Net asset value, end of period | $10.84 | $15.36 | $12.32 | $11.44 | $11.87 |
Total return (%)2,3 | (14.65) | 26.48 | 9.22 | 2.59 | 6.69 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2 | $3 | $6 | $10 | $13 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.99 | 1.98 | 2.01 | 2.00 | 1.98 |
Expenses including reductions | 1.98 | 1.98 | 2.00 | 1.99 | 1.97 |
Net investment income | 0.27 | 0.41 | 0.27 | 0.89 | 0.66 |
Portfolio turnover (%) | 65 | 634 | 74 | 18 | 43 |
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. |
4 | Excludes in-kind transactions. |
16 | JOHN HANCOCK Global Equity Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.46 | $12.37 | $11.48 | $11.94 | $12.05 |
Net investment income1 | 0.16 | 0.21 | 0.15 | 0.21 | 0.19 |
Net realized and unrealized gain (loss) on investments | (1.92) | 3.17 | 1.03 | 0.07 | 0.72 |
Total from investment operations | (1.76) | 3.38 | 1.18 | 0.28 | 0.91 |
Less distributions | |||||
From net investment income | (0.24) | (0.10) | (0.23) | (0.23) | (0.20) |
From net realized gain | (2.55) | (0.19) | (0.06) | (0.51) | (0.82) |
Total distributions | (2.79) | (0.29) | (0.29) | (0.74) | (1.02) |
Net asset value, end of period | $10.91 | $15.46 | $12.37 | $11.48 | $11.94 |
Total return (%)2 | (13.84) | 27.78 | 10.28 | 3.52 | 7.80 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $21 | $20 | $16 | $14 | $19 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.99 | 0.98 | 1.01 | 1.01 | 0.98 |
Expenses including reductions | 0.98 | 0.98 | 1.00 | 1.00 | 0.97 |
Net investment income | 1.31 | 1.57 | 1.32 | 1.86 | 1.61 |
Portfolio turnover (%) | 65 | 633 | 74 | 18 | 43 |
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 | Excludes in-kind transactions. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 17 |
CLASS R2 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.46 | $12.38 | $11.49 | $11.93 | $12.05 |
Net investment income1 | 0.11 | 0.17 | 0.10 | 0.16 | 0.13 |
Net realized and unrealized gain (loss) on investments | (1.91) | 3.16 | 1.03 | 0.10 | 0.74 |
Total from investment operations | (1.80) | 3.33 | 1.13 | 0.26 | 0.87 |
Less distributions | |||||
From net investment income | (0.19) | (0.06) | (0.18) | (0.19) | (0.17) |
From net realized gain | (2.55) | (0.19) | (0.06) | (0.51) | (0.82) |
Total distributions | (2.74) | (0.25) | (0.24) | (0.70) | (0.99) |
Net asset value, end of period | $10.92 | $15.46 | $12.38 | $11.49 | $11.93 |
Total return (%)2 | (14.12) | 27.23 | 9.87 | 3.21 | 7.43 |
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 | 1.38 | 1.37 | 1.39 | 1.39 | 1.30 |
Expenses including reductions | 1.37 | 1.37 | 1.39 | 1.39 | 1.29 |
Net investment income | 0.91 | 1.21 | 0.86 | 1.40 | 1.10 |
Portfolio turnover (%) | 65 | 634 | 74 | 18 | 43 |
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. |
4 | Excludes in-kind transactions. |
18 | JOHN HANCOCK Global Equity Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.46 | $12.37 | $11.48 | $11.93 | $12.04 |
Net investment income1 | 0.15 | 0.21 | 0.15 | 0.21 | 0.16 |
Net realized and unrealized gain (loss) on investments | (1.91) | 3.17 | 1.02 | 0.08 | 0.75 |
Total from investment operations | (1.76) | 3.38 | 1.17 | 0.29 | 0.91 |
Less distributions | |||||
From net investment income | (0.24) | (0.10) | (0.22) | (0.23) | (0.20) |
From net realized gain | (2.55) | (0.19) | (0.06) | (0.51) | (0.82) |
Total distributions | (2.79) | (0.29) | (0.28) | (0.74) | (1.02) |
Net asset value, end of period | $10.91 | $15.46 | $12.37 | $11.48 | $11.93 |
Total return (%)2 | (13.88) | 27.71 | 10.21 | 3.54 | 7.74 |
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 | 1.15 | 1.15 | 1.16 | 1.16 | 1.13 |
Expenses including reductions | 1.04 | 1.04 | 1.05 | 1.05 | 1.02 |
Net investment income | 1.19 | 1.51 | 1.27 | 1.84 | 1.33 |
Portfolio turnover (%) | 65 | 634 | 74 | 18 | 43 |
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. |
4 | Excludes in-kind transactions. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 19 |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.46 | $12.37 | $11.48 | $11.94 | $12.04 |
Net investment income1 | 0.16 | 0.23 | 0.20 | 0.22 | 0.22 |
Net realized and unrealized gain (loss) on investments | (1.90) | 3.17 | 0.99 | 0.07 | 0.72 |
Total from investment operations | (1.74) | 3.40 | 1.19 | 0.29 | 0.94 |
Less distributions | |||||
From net investment income | (0.26) | (0.12) | (0.24) | (0.24) | (0.22) |
From net realized gain | (2.55) | (0.19) | (0.06) | (0.51) | (0.82) |
Total distributions | (2.81) | (0.31) | (0.30) | (0.75) | (1.04) |
Net asset value, end of period | $10.91 | $15.46 | $12.37 | $11.48 | $11.94 |
Total return (%)2 | (13.73) | 27.90 | 10.38 | 3.63 | 7.99 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $87 | $234 | $197 | $7 | $7 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.88 | 0.88 | 0.89 | 0.90 | 0.88 |
Expenses including reductions | 0.87 | 0.87 | 0.89 | 0.89 | 0.87 |
Net investment income | 1.24 | 1.68 | 1.76 | 1.99 | 1.88 |
Portfolio turnover (%) | 65 | 633 | 74 | 18 | 43 |
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 | Excludes in-kind transactions. |
20 | JOHN HANCOCK Global Equity Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.46 | $12.37 | $11.48 | $11.93 | $12.04 |
Net investment income1 | 0.18 | 0.23 | 0.16 | 0.22 | 0.21 |
Net realized and unrealized gain (loss) on investments | (1.92) | 3.17 | 1.03 | 0.09 | 0.72 |
Total from investment operations | (1.74) | 3.40 | 1.19 | 0.31 | 0.93 |
Less distributions | |||||
From net investment income | (0.26) | (0.12) | (0.24) | (0.25) | (0.22) |
From net realized gain | (2.55) | (0.19) | (0.06) | (0.51) | (0.82) |
Total distributions | (2.81) | (0.31) | (0.30) | (0.76) | (1.04) |
Net asset value, end of period | $10.91 | $15.46 | $12.37 | $11.48 | $11.93 |
Total return (%)2 | (13.72) | 27.91 | 10.39 | 3.73 | 7.92 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $566 | $614 | $564 | $638 | $713 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.87 | 0.87 | 0.88 | 0.88 | 0.87 |
Expenses including reductions | 0.86 | 0.86 | 0.87 | 0.88 | 0.86 |
Net investment income | 1.39 | 1.71 | 1.42 | 2.00 | 1.78 |
Portfolio turnover (%) | 65 | 633 | 74 | 18 | 43 |
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 | Excludes in-kind transactions. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 21 |
22 | JOHN HANCOCK Global Equity Fund | ANNUAL REPORT |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
France | $84,667,794 | — | $84,667,794 | — |
Germany | 6,675,391 | — | 6,675,391 | — |
Ireland | 19,370,866 | $8,648,031 | 10,722,835 | — |
Japan | 52,632,957 | — | 52,632,957 | — |
Netherlands | 28,676,487 | — | 28,676,487 | — |
Spain | 7,072,486 | — | 7,072,486 | — |
Switzerland | 31,506,077 | 12,921,757 | 18,584,320 | — |
United Kingdom | 57,791,899 | — | 57,791,899 | — |
United States | 405,046,476 | 405,046,476 | — | — |
Preferred securities | 18,944,882 | — | 18,944,882 | — |
Short-term investments | 10,217,288 | 10,217,288 | — | — |
Total investments in securities | $722,602,603 | $436,833,552 | $285,769,051 | — |
ANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 23 |
24 | JOHN HANCOCK Global Equity Fund | ANNUAL REPORT |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $47,522,646 | $17,266,541 |
Long-term capital gains | 98,946,420 | 2,324,721 |
Total | $146,469,066 | $19,591,262 |
ANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 25 |
Class | Expense reduction |
Class A | $4,644 |
Class C | 209 |
Class I | 1,692 |
Class R2 | 9 |
Class | Expense reduction |
Class R4 | $6 |
Class R6 | 12,267 |
Class NAV | 49,411 |
Total | $68,238 |
26 | JOHN HANCOCK Global Equity Fund | ANNUAL REPORT |
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% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $162,468 | $62,742 |
Class C | 24,377 | 2,821 |
Class I | — | 22,970 |
Class R2 | 526 | 10 |
Class R4 | 175 | 6 |
Class R6 | — | 12,516 |
Total | $187,546 | $101,065 |
ANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 27 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 558,135 | $7,150,912 | 566,814 | $7,519,344 |
Distributions reinvested | 787,524 | 9,962,178 | 71,702 | 929,976 |
Repurchased | (678,014) | (8,410,039) | (552,556) | (7,492,737) |
Net increase | 667,645 | $8,703,051 | 85,960 | $956,583 |
Class C shares | ||||
Sold | 20,510 | $253,776 | 16,513 | $233,210 |
Distributions reinvested | 36,389 | 460,316 | 3,168 | 41,089 |
Repurchased | (47,983) | (596,163) | (338,957) | (4,364,554) |
Net increase (decrease) | 8,916 | $117,929 | (319,276) | $(4,090,255) |
Class I shares | ||||
Sold | 715,513 | $8,716,342 | 253,016 | $3,455,704 |
Distributions reinvested | 255,941 | 3,237,656 | 27,468 | 355,979 |
Repurchased | (356,705) | (4,342,825) | (274,031) | (3,652,965) |
Net increase | 614,749 | $7,611,173 | 6,453 | $158,718 |
Class R2 shares | ||||
Sold | 2,907 | $36,263 | 2,274 | $30,165 |
Distributions reinvested | 1,458 | 18,501 | 109 | 1,413 |
Repurchased | (2,059) | (25,654) | (2,039) | (26,011) |
Net increase | 2,306 | $29,110 | 344 | $5,567 |
Class R4 shares | ||||
Sold | 79 | $1,008 | 87 | $1,188 |
Distributions reinvested | 202 | 2,554 | 18 | 237 |
Repurchased | (54) | (683) | (6) | (78) |
Net increase | 227 | $2,879 | 99 | $1,347 |
Class R6 shares | ||||
Sold | 2,448,451 | $31,234,440 | 6,045,952 | $74,085,977 |
Distributions reinvested | 1,987,967 | 25,127,900 | 366,915 | 4,755,224 |
Repurchased | (11,552,105) | (159,531,307) | (7,211,540) | (90,405,942) |
Net decrease | (7,115,687) | $(103,168,967) | (798,673) | $(11,564,741) |
28 | JOHN HANCOCK Global Equity Fund | ANNUAL REPORT |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 6,698,057 | $77,692,494 | 2,683,881 | $36,176,527 |
Distributions reinvested | 8,448,004 | 106,782,774 | 1,039,311 | 13,459,075 |
Repurchased | (2,946,415) | (42,067,807) | (9,648,950) | (136,577,888) |
Net increase (decrease) | 12,199,646 | $142,407,461 | (5,925,758) | $(86,942,286) |
Total net increase (decrease) | 6,377,802 | $55,702,636 | (6,950,851) | $(101,475,067) |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 26.0% |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 23.9% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 7.7% |
John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | 6.4% |
ANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 29 |
30 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 31 |
32 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 33 |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
34 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
(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 |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 35 |
(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 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) | 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 Trust (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. |
36 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that 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. |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 37 |
38 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 39 |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
40 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 41 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
42 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 43 |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
44 | JOHN HANCOCK GLOBAL EQUITY FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Uday Chatterjee
Stephen G. Hermsdorf
Felicity Smith
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
ANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 45 |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406939 | 425A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 1 |
2 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
Rheinmetall AG | 0.4 |
PSP Swiss Property AG | 0.3 |
K+S AG | 0.3 |
Capital Power Corp. | 0.3 |
Whitehaven Coal, Ltd. | 0.3 |
ASR Nederland NV | 0.3 |
Vermilion Energy, Inc. | 0.3 |
MEG Energy Corp. | 0.3 |
Element Fleet Management Corp. | 0.3 |
Man Group PLC | 0.3 |
TOTAL | 3.1 |
Cash and cash equivalents are not included. |
TOP 10 COUNTRIES AS OF 8/31/2022 (% of net assets) | |
Japan | 24.0 |
Canada | 12.1 |
United Kingdom | 11.3 |
Switzerland | 7.1 |
Australia | 6.6 |
Germany | 5.6 |
France | 4.3 |
Italy | 3.1 |
Sweden | 2.5 |
Denmark | 2.5 |
TOTAL | 79.1 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A1 | -27.20 | -0.79 | 5.26 | -3.90 | 67.04 |
Class C1 | -24.57 | -0.52 | 5.21 | -2.57 | 66.12 |
Class I1,2 | -23.17 | 0.47 | 6.08 | 2.37 | 80.37 |
Class R61,2 | -23.06 | 0.59 | 6.19 | 2.98 | 82.36 |
Class NAV2 | -23.04 | 0.60 | 6.20 | 3.06 | 82.49 |
Index 1† | -24.53 | 1.73 | 6.54 | 8.95 | 88.50 |
Index 2† | -25.98 | 1.21 | 7.06 | 6.20 | 97.80 |
Class A | Class C | Class I | Class R6 | Class NAV | |
Gross (%) | 1.31 | 2.01 | 1.01 | 0.91 | 0.90 |
Net (%) | 1.30 | 2.00 | 1.00 | 0.90 | 0.89 |
6 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | |
Class C1,3 | 8-31-12 | 16,612 | 16,612 | 18,850 | 19,780 |
Class I1,2 | 8-31-12 | 18,037 | 18,037 | 18,850 | 19,780 |
Class R61,2 | 8-31-12 | 18,236 | 18,236 | 18,850 | 19,780 |
Class NAV2 | 8-31-12 | 18,249 | 18,249 | 18,850 | 19,780 |
1 | Class A and Class I shares were first offered on 6-27-13. Class C and Class R6 shares were first offered on 6-27-14 and 8-30-17, respectively. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 7 |
8 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $837.70 | $6.11 | 1.32% |
Hypothetical example | 1,000.00 | 1,018.60 | 6.72 | 1.32% | |
Class C | Actual expenses/actual returns | 1,000.00 | 834.70 | 9.34 | 2.02% |
Hypothetical example | 1,000.00 | 1,015.00 | 10.26 | 2.02% | |
Class I | Actual expenses/actual returns | 1,000.00 | 839.20 | 4.77 | 1.03% |
Hypothetical example | 1,000.00 | 1,020.00 | 5.24 | 1.03% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 840.10 | 4.22 | 0.91% |
Hypothetical example | 1,000.00 | 1,020.60 | 4.63 | 0.91% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 840.10 | 4.17 | 0.90% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.58 | 0.90% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 9 |
Shares | Value | % of Net Assets | ||||
Common stocks 98.5% | $601,352,308 | |||||
(Cost $606,376,658) | ||||||
Australia 6.6% | 40,221,618 | 6.6% | ||||
Whitehaven Coal, Ltd. | 304,589 | 1,622,431 | 0.3% | |||
OTHER SECURITIES | 38,599,187 | 6.3% | ||||
Austria 1.4% | 8,479,120 | 1.4% | ||||
Belgium 1.5% | 9,335,012 | 1.5% | ||||
Ackermans & van Haaren NV | 7,224 | 1,056,104 | 0.2% | |||
Euronav NV | 64,024 | 1,032,341 | 0.2% | |||
OTHER SECURITIES | 7,246,567 | 1.1% | ||||
Bermuda 0.1% | 904,423 | 0.1% | ||||
Cambodia 0.0% | 280,240 | 0.0% | ||||
Canada 12.1% | 73,835,810 | 12.1% | ||||
Aritzia, Inc. (A) | 31,038 | 1,009,589 | 0.2% | |||
Boralex, Inc., Class A | 28,367 | 1,069,149 | 0.2% | |||
Capital Power Corp. | 43,905 | 1,703,247 | 0.3% | |||
Crescent Point Energy Corp. | 175,935 | 1,336,910 | 0.2% | |||
Crescent Point Energy Corp. (New York Stock Exchange) (B) | 20,800 | 157,872 | 0.0% | |||
Element Fleet Management Corp. | 125,893 | 1,585,465 | 0.3% | |||
Enerplus Corp. | 91,948 | 1,417,008 | 0.2% | |||
Finning International, Inc. | 50,484 | 1,087,827 | 0.2% | |||
Gibson Energy, Inc. | 52,959 | 999,622 | 0.2% | |||
MEG Energy Corp. (A) | 113,678 | 1,589,164 | 0.3% | |||
Parkland Corp. | 52,112 | 1,279,241 | 0.2% | |||
Premium Brands Holdings Corp. | 13,707 | 1,018,515 | 0.2% | |||
Vermilion Energy, Inc. | 60,324 | 1,611,273 | 0.3% | |||
Whitecap Resources, Inc. | 174,179 | 1,269,192 | 0.2% | |||
Yamana Gold, Inc. | 291,703 | 1,288,215 | 0.2% | |||
OTHER SECURITIES | 55,413,521 | 8.9% | ||||
Chile 0.0% | 11,115 | 0.0% | ||||
China 0.0% | 284,589 | 0.0% |
10 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | % of Net Assets | ||||
Denmark 2.5% | $14,952,147 | 2.5% | ||||
Royal Unibrew A/S | 16,664 | 1,248,466 | 0.2% | |||
OTHER SECURITIES | 13,703,681 | 2.3% | ||||
Faeroe Islands 0.0% | 23,861 | 0.0% | ||||
Finland 2.2% | 13,361,383 | 2.2% | ||||
Huhtamaki OYJ | 29,972 | 1,049,538 | 0.2% | |||
Orion OYJ, Class A | 8,076 | 364,977 | 0.1% | |||
Orion OYJ, Class B | 32,907 | 1,492,013 | 0.3% | |||
Valmet OYJ | 46,680 | 1,183,220 | 0.2% | |||
OTHER SECURITIES | 9,271,635 | 1.4% | ||||
France 4.3% | 26,471,032 | 4.3% | ||||
Rexel SA (A) | 87,031 | 1,413,560 | 0.2% | |||
Valeo | 57,404 | 1,096,519 | 0.2% | |||
OTHER SECURITIES | 23,960,953 | 3.9% | ||||
Gabon 0.0% | 40,896 | 0.0% | ||||
Georgia 0.1% | 450,899 | 0.1% | ||||
Germany 5.3% | 32,611,817 | 5.3% | ||||
Freenet AG | 48,936 | 1,066,624 | 0.2% | |||
K+S AG | 75,632 | 1,723,024 | 0.3% | |||
Rheinmetall AG | 15,969 | 2,535,009 | 0.4% | |||
Scout24 SE (C) | 18,728 | 1,078,981 | 0.2% | |||
OTHER SECURITIES | 26,208,179 | 4.2% | ||||
Gibraltar 0.0% | 159,806 | 0.0% | ||||
Greece 0.0% | 46,671 | 0.0% | ||||
Greenland 0.0% | 25,773 | 0.0% | ||||
Hong Kong 2.3% | 13,864,517 | 2.3% | ||||
Ireland 0.7% | 4,306,875 | 0.7% | ||||
Bank of Ireland Group PLC (B) | 97,347 | 599,811 | 0.1% | |||
Bank of Ireland Group PLC (London Stock Exchange) | 215,337 | 1,297,863 | 0.2% | |||
OTHER SECURITIES | 2,409,201 | 0.4% | ||||
Isle of Man 0.1% | 662,354 | 0.1% | ||||
Israel 1.9% | 11,389,809 | 1.9% | ||||
Italy 3.1% | 19,008,512 | 3.1% | ||||
Banco BPM SpA | 532,763 | 1,322,767 | 0.2% | |||
Leonardo SpA | 144,633 | 1,183,653 | 0.2% |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 11 |
Shares | Value | % of Net Assets | ||||
Italy (continued) | 3.1% | |||||
OTHER SECURITIES | $16,502,092 | 2.7% | ||||
Japan 24.0% | 146,192,101 | 24.0% | ||||
Jersey, Channel Islands 0.1% | 545,852 | 0.1% | ||||
Liechtenstein 0.1% | 398,439 | 0.1% | ||||
Luxembourg 0.5% | 3,013,178 | 0.5% | ||||
Macau 0.0% | 74,445 | 0.0% | ||||
Malaysia 0.0% | 84,709 | 0.0% | ||||
Malta 0.0% | 32,738 | 0.0% | ||||
Monaco 0.0% | 37,423 | 0.0% | ||||
Mongolia 0.0% | 30,085 | 0.0% | ||||
Netherlands 2.2% | 13,197,232 | 2.2% | ||||
Aalberts NV | 28,555 | 1,047,116 | 0.2% | |||
ASR Nederland NV | 39,563 | 1,614,741 | 0.3% | |||
OTHER SECURITIES | 10,535,375 | 1.7% | ||||
New Zealand 0.5% | 3,033,269 | 0.5% | ||||
Norway 1.0% | 5,908,712 | 1.0% | ||||
Peru 0.0% | 81,134 | 0.0% | ||||
Philippines 0.0% | 33,176 | 0.0% | ||||
Portugal 0.4% | 2,147,015 | 0.4% | ||||
Singapore 1.3% | 7,933,257 | 1.3% | ||||
South Africa 0.2% | 1,207,417 | 0.2% | ||||
Spain 2.2% | 13,452,158 | 2.2% | ||||
Banco de Sabadell SA | 1,889,509 | 1,299,486 | 0.2% | |||
Bankinter SA | 223,987 | 1,147,891 | 0.2% | |||
Enagas SA | 72,958 | 1,332,226 | 0.2% | |||
OTHER SECURITIES | 9,672,555 | 1.6% | ||||
Sweden 2.5% | 15,443,451 | 2.5% | ||||
Switzerland 7.1% | 43,377,415 | 7.1% | ||||
Belimo Holding AG | 3,480 | 1,320,088 | 0.2% | |||
Clariant AG (A) | 80,053 | 1,478,045 | 0.2% | |||
Flughafen Zurich AG (A) | 6,753 | 1,137,099 | 0.2% | |||
Galenica AG (C) | 17,196 | 1,209,212 | 0.2% |
12 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | % of Net Assets | ||||
Switzerland (continued) | 7.1% | |||||
Georg Fischer AG | 28,748 | $1,557,647 | 0.3% | |||
Helvetia Holding AG | 12,955 | 1,427,918 | 0.2% | |||
PSP Swiss Property AG | 16,870 | 1,908,554 | 0.3% | |||
Siegfried Holding AG (A) | 1,421 | 1,133,980 | 0.2% | |||
Swiss Prime Site AG | 14,610 | 1,256,491 | 0.2% | |||
OTHER SECURITIES | 30,948,381 | 5.1% | ||||
Taiwan 0.0% | 7,860 | 0.0% | ||||
United Arab Emirates 0.0% | 152,529 | 0.0% | ||||
United Kingdom 11.3% | 68,954,906 | 11.3% | ||||
Beazley PLC | 206,218 | 1,391,487 | 0.2% | |||
Drax Group PLC | 150,318 | 1,108,827 | 0.2% | |||
Inchcape PLC | 125,230 | 1,099,661 | 0.2% | |||
Man Group PLC | 551,859 | 1,559,475 | 0.3% | |||
Meggitt PLC (A) | 160,510 | 1,487,608 | 0.3% | |||
Tate & Lyle PLC | 116,545 | 1,032,030 | 0.2% | |||
OTHER SECURITIES | 61,275,818 | 9.9% | ||||
United States 0.9% | 5,285,528 | 0.9% | ||||
Preferred securities 0.3% | $1,562,524 | |||||
(Cost $1,729,963) | ||||||
Germany 0.3% | 1,562,524 | 0.3% | ||||
Rights 0.0% | $12,972 | |||||
(Cost $0) | ||||||
Warrants 0.0% | $2,592 | |||||
(Cost $0) |
Yield (%) | Shares | Value | % of Net Assets | |||
Short-term investments 2.4% | $14,958,658 | |||||
(Cost $14,958,371) | ||||||
Short-term funds 2.4% | 14,958,658 | 2.4% | ||||
John Hancock Collateral Trust (D) | 2.3160 (E) | 1,496,854 | 14,958,658 | 2.4% |
Total investments (Cost $623,064,992) 101.2% | $617,889,054 | 101.2% | |||
Other assets and liabilities, net (1.2%) | (7,586,580) | (1.2)% | |||
Total net assets 100.0% | $610,302,474 | 100.0% |
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 | |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 8-31-22. |
(C) | These securities are 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. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 13 |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(E) | The rate shown is the annualized seven-day yield as of 8-31-22. |
14 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
Mini MSCI EAFE Index Futures | 35 | Long | Sep 2022 | $3,253,998 | $3,196,550 | $(57,448) |
$(57,448) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 15 |
Assets | |
Unaffiliated investments, at value (Cost $608,106,621) including $22,661,132 of securities loaned | $602,930,396 |
Affiliated investments, at value (Cost $14,958,371) | 14,958,658 |
Total investments, at value (Cost $623,064,992) | 617,889,054 |
Cash | 3,534,733 |
Foreign currency, at value (Cost $1,721,252) | 1,712,963 |
Collateral held at broker for futures contracts | 148,703 |
Dividends and interest receivable | 2,198,694 |
Receivable for fund shares sold | 185,734 |
Receivable for investments sold | 271,865 |
Receivable for securities lending income | 40,144 |
Other assets | 74,068 |
Total assets | 626,055,958 |
Liabilities | |
Payable for futures variation margin | 23,126 |
Payable for investments purchased | 308,520 |
Payable for fund shares repurchased | 233,389 |
Payable upon return of securities loaned | 14,986,743 |
Payable to affiliates | |
Accounting and legal services fees | 22,969 |
Transfer agent fees | 7,106 |
Trustees’ fees | 567 |
Other liabilities and accrued expenses | 171,064 |
Total liabilities | 15,753,484 |
Net assets | $610,302,474 |
Net assets consist of | |
Paid-in capital | $609,792,537 |
Total distributable earnings (loss) | 509,937 |
Net assets | $610,302,474 |
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 ($53,005,063 ÷ 5,673,835 shares)1 | $9.34 |
Class C ($726,989 ÷ 77,827 shares)1 | $9.34 |
Class I ($3,994,520 ÷ 427,520 shares) | $9.34 |
Class R6 ($61,499,720 ÷ 6,576,415 shares) | $9.35 |
Class NAV ($491,076,182 ÷ 52,523,441 shares) | $9.35 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $9.83 |
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. |
16 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $25,267,893 |
Interest | 9,642 |
Securities lending | 551,902 |
Less foreign taxes withheld | (2,219,981) |
Total investment income | 23,609,456 |
Expenses | |
Investment management fees | 6,406,565 |
Distribution and service fees | 202,976 |
Accounting and legal services fees | 112,349 |
Transfer agent fees | 84,550 |
Trustees’ fees | 12,856 |
Custodian fees | 406,766 |
State registration fees | 75,310 |
Printing and postage | 27,139 |
Professional fees | 102,794 |
Other | 46,055 |
Total expenses | 7,477,360 |
Less expense reductions | (66,711) |
Net expenses | 7,410,649 |
Net investment income | 16,198,807 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 26,170,002 |
Affiliated investments | (12,863) |
Capital gain distributions received from affiliated investments | 3,716 |
Futures contracts | (575,610) |
25,585,245 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (239,134,112) |
Affiliated investments | (9,108) |
Futures contracts | (150,390) |
(239,293,610) | |
Net realized and unrealized loss | (213,708,365) |
Decrease in net assets from operations | $(197,509,558) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK International Small Company Fund | 17 |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $16,198,807 | $10,650,900 |
Net realized gain | 25,585,245 | 68,254,249 |
Change in net unrealized appreciation (depreciation) | (239,293,610) | 178,381,635 |
Increase (decrease) in net assets resulting from operations | (197,509,558) | 257,286,784 |
Distributions to shareholders | ||
From earnings | ||
Class A | (7,301,245) | (1,449,385) |
Class C | (110,173) | (24,911) |
Class I | (206,842) | (20,078) |
Class R6 | (8,215,898) | (1,857,867) |
Class NAV | (75,854,795) | (19,892,934) |
Total distributions | (91,688,953) | (23,245,175) |
From fund share transactions | 6,759,364 | (141,938,989) |
Total increase (decrease) | (282,439,147) | 92,102,620 |
Net assets | ||
Beginning of year | 892,741,621 | 800,639,001 |
End of year | $610,302,474 | $892,741,621 |
18 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.64 | $10.38 | $10.08 | $12.51 | $12.33 |
Net investment income1 | 0.19 | 0.11 | 0.12 | 0.16 | 0.17 |
Net realized and unrealized gain (loss) on investments | (3.12) | 3.45 | 0.62 | (1.66) | 0.22 |
Total from investment operations | (2.93) | 3.56 | 0.74 | (1.50) | 0.39 |
Less distributions | |||||
From net investment income | (0.29) | (0.15) | (0.20) | (0.12) | (0.21) |
From net realized gain | (1.08) | (0.15) | (0.24) | (0.81) | — |
Total distributions | (1.37) | (0.30) | (0.44) | (0.93) | (0.21) |
Net asset value, end of period | $9.34 | $13.64 | $10.38 | $10.08 | $12.51 |
Total return (%)2,3 | (23.36) | 34.74 | 7.13 | (11.32) | 3.11 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $53 | $72 | $52 | $53 | $55 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.34 | 1.41 | 1.48 | 1.48 | 1.49 |
Expenses including reductions | 1.34 | 1.39 | 1.39 | 1.39 | 1.39 |
Net investment income | 1.71 | 0.88 | 1.17 | 1.49 | 1.31 |
Portfolio turnover (%) | 14 | 12 | 22 | 15 | 19 |
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 | ANNUAL REPORT | JOHN HANCOCK International Small Company Fund | 19 |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.63 | $10.37 | $10.09 | $12.48 | $12.31 |
Net investment income1 | 0.11 | 0.02 | 0.04 | 0.07 | 0.06 |
Net realized and unrealized gain (loss) on investments | (3.12) | 3.46 | 0.60 | (1.63) | 0.23 |
Total from investment operations | (3.01) | 3.48 | 0.64 | (1.56) | 0.29 |
Less distributions | |||||
From net investment income | (0.20) | (0.07) | (0.12) | (0.02) | (0.12) |
From net realized gain | (1.08) | (0.15) | (0.24) | (0.81) | — |
Total distributions | (1.28) | (0.22) | (0.36) | (0.83) | (0.12) |
Net asset value, end of period | $9.34 | $13.63 | $10.37 | $10.09 | $12.48 |
Total return (%)2,3 | (23.89) | 33.76 | 6.24 | (11.95) | 2.31 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $1 | $1 | $2 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 2.04 | 2.11 | 2.18 | 2.18 | 2.19 |
Expenses including reductions | 2.04 | 2.10 | 2.17 | 2.17 | 2.18 |
Net investment income | 0.97 | 0.15 | 0.39 | 0.66 | 0.44 |
Portfolio turnover (%) | 14 | 12 | 22 | 15 | 19 |
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. |
20 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.65 | $10.37 | $10.08 | $12.51 | $12.33 |
Net investment income1 | 0.21 | 0.15 | 0.13 | 0.13 | 0.09 |
Net realized and unrealized gain (loss) on investments | (3.11) | 3.45 | 0.62 | (1.60) | 0.33 |
Total from investment operations | (2.90) | 3.60 | 0.75 | (1.47) | 0.42 |
Less distributions | |||||
From net investment income | (0.33) | (0.17) | (0.22) | (0.15) | (0.24) |
From net realized gain | (1.08) | (0.15) | (0.24) | (0.81) | — |
Total distributions | (1.41) | (0.32) | (0.46) | (0.96) | (0.24) |
Net asset value, end of period | $9.34 | $13.65 | $10.37 | $10.08 | $12.51 |
Total return (%)2 | (23.17) | 35.21 | 7.24 | (11.07) | 3.32 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $4 | $2 | $1 | $2 | $6 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.05 | 1.11 | 1.18 | 1.19 | 1.19 |
Expenses including reductions | 1.04 | 1.10 | 1.17 | 1.19 | 1.18 |
Net investment income | 1.94 | 1.19 | 1.27 | 1.24 | 0.75 |
Portfolio turnover (%) | 14 | 12 | 22 | 15 | 19 |
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 | ANNUAL REPORT | JOHN HANCOCK International Small Company Fund | 21 |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.66 | $10.38 | $10.08 | $12.51 | $12.33 |
Net investment income1 | 0.24 | 0.15 | 0.15 | 0.19 | 0.28 |
Net realized and unrealized gain (loss) on investments | (3.13) | 3.46 | 0.63 | (1.65) | 0.15 |
Total from investment operations | (2.89) | 3.61 | 0.78 | (1.46) | 0.43 |
Less distributions | |||||
From net investment income | (0.34) | (0.18) | (0.24) | (0.16) | (0.25) |
From net realized gain | (1.08) | (0.15) | (0.24) | (0.81) | — |
Total distributions | (1.42) | (0.33) | (0.48) | (0.97) | (0.25) |
Net asset value, end of period | $9.35 | $13.66 | $10.38 | $10.08 | $12.51 |
Total return (%)2 | (23.06) | 35.30 | 7.45 | (10.97) | 3.41 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $61 | $78 | $63 | $61 | $68 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.94 | 1.01 | 1.07 | 1.08 | 1.10 |
Expenses including reductions | 0.93 | 1.00 | 1.06 | 1.07 | 1.09 |
Net investment income | 2.12 | 1.27 | 1.51 | 1.80 | 2.17 |
Portfolio turnover (%) | 14 | 12 | 22 | 15 | 19 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
22 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $13.66 | $10.38 | $10.08 | $12.51 | $12.33 |
Net investment income1 | 0.24 | 0.15 | 0.15 | 0.21 | 0.20 |
Net realized and unrealized gain (loss) on investments | (3.12) | 3.46 | 0.63 | (1.67) | 0.23 |
Total from investment operations | (2.88) | 3.61 | 0.78 | (1.46) | 0.43 |
Less distributions | |||||
From net investment income | (0.35) | (0.18) | (0.24) | (0.16) | (0.25) |
From net realized gain | (1.08) | (0.15) | (0.24) | (0.81) | — |
Total distributions | (1.43) | (0.33) | (0.48) | (0.97) | (0.25) |
Net asset value, end of period | $9.35 | $13.66 | $10.38 | $10.08 | $12.51 |
Total return (%)2 | (23.04) | 35.31 | 7.47 | (10.96) | 3.42 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $491 | $740 | $684 | $637 | $499 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.93 | 1.00 | 1.05 | 1.07 | 1.08 |
Expenses including reductions | 0.92 | 0.99 | 1.05 | 1.06 | 1.07 |
Net investment income | 2.13 | 1.28 | 1.53 | 1.97 | 1.56 |
Portfolio turnover (%) | 14 | 12 | 22 | 15 | 19 |
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 | ANNUAL REPORT | JOHN HANCOCK International Small Company Fund | 23 |
24 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Australia | $40,221,618 | $579,085 | $39,429,978 | $212,555 |
Austria | 8,479,120 | — | 8,479,120 | — |
Belgium | 9,335,012 | — | 9,335,012 | — |
Bermuda | 904,423 | — | 904,423 | — |
Cambodia | 280,240 | — | 280,240 | — |
Canada | 73,835,810 | 73,702,006 | 133,797 | 7 |
Chile | 11,115 | 11,115 | — | — |
China | 284,589 | — | 284,589 | — |
Denmark | 14,952,147 | — | 14,952,147 | — |
Faeroe Islands | 23,861 | — | 23,861 | — |
Finland | 13,361,383 | — | 13,361,383 | — |
France | 26,471,032 | — | 26,462,760 | 8,272 |
Gabon | 40,896 | — | 40,896 | — |
Georgia | 450,899 | — | 450,899 | — |
Germany | 32,611,817 | — | 32,611,817 | — |
ANNUAL REPORT | JOHN HANCOCK International Small Company Fund | 25 |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Gibraltar | $159,806 | — | $159,806 | — |
Greece | 46,671 | — | 46,637 | $34 |
Greenland | 25,773 | — | 25,773 | — |
Hong Kong | 13,864,517 | $26,201 | 13,700,471 | 137,845 |
Ireland | 4,306,875 | — | 4,306,875 | — |
Isle of Man | 662,354 | — | 662,354 | — |
Israel | 11,389,809 | 167,597 | 11,222,212 | — |
Italy | 19,008,512 | — | 19,008,512 | — |
Japan | 146,192,101 | — | 146,192,101 | — |
Jersey, Channel Islands | 545,852 | — | 545,852 | — |
Liechtenstein | 398,439 | — | 398,439 | — |
Luxembourg | 3,013,178 | — | 3,013,178 | — |
Macau | 74,445 | — | 74,445 | — |
Malaysia | 84,709 | — | 84,709 | — |
Malta | 32,738 | — | 32,738 | — |
Monaco | 37,423 | — | 37,423 | — |
Mongolia | 30,085 | — | 30,085 | — |
Netherlands | 13,197,232 | — | 13,197,232 | — |
New Zealand | 3,033,269 | — | 3,033,269 | — |
Norway | 5,908,712 | — | 5,908,712 | — |
Peru | 81,134 | — | 81,134 | — |
Philippines | 33,176 | — | 33,176 | — |
Portugal | 2,147,015 | — | 2,147,015 | — |
Singapore | 7,933,257 | — | 7,839,412 | 93,845 |
South Africa | 1,207,417 | — | 1,207,417 | — |
Spain | 13,452,158 | — | 13,452,158 | — |
Sweden | 15,443,451 | — | 15,443,451 | — |
Switzerland | 43,377,415 | — | 43,377,415 | — |
Taiwan | 7,860 | — | 7,860 | — |
United Arab Emirates | 152,529 | 92,647 | 59,882 | — |
United Kingdom | 68,954,906 | 22,835 | 68,893,975 | 38,096 |
United States | 5,285,528 | 2,180,049 | 3,105,479 | — |
Preferred securities | 1,562,524 | — | 1,562,524 | — |
Rights | 12,972 | — | 12,972 | — |
Warrants | 2,592 | 609 | 1,983 | — |
Short-term investments | 14,958,658 | 14,958,658 | — | — |
Total investments in securities | $617,889,054 | $91,740,802 | $525,657,598 | $490,654 |
Derivatives: | ||||
Liabilities | ||||
Futures | $(57,448) | $(57,448) | — | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
26 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK International Small Company Fund | 27 |
28 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $34,094,337 | $21,970,199 |
Long-term capital gains | 57,594,616 | 1,274,976 |
Total | $91,688,953 | $23,245,175 |
ANNUAL REPORT | JOHN HANCOCK International Small Company Fund | 29 |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Equity | Receivable/payable for futures variation margin1 | Futures | — | $(57,448) |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of 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 |
Equity | $(575,610) |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |
Risk | Futures contracts |
Equity | $(150,390) |
30 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $5,541 |
Class C | 84 |
Class I | 175 |
Class | Expense reduction |
Class R6 | $6,131 |
Class NAV | 54,780 |
Total | $66,711 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class C | 1.00% |
ANNUAL REPORT | JOHN HANCOCK International Small Company Fund | 31 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $193,255 | $74,546 |
Class C | 9,721 | 1,123 |
Class I | — | 2,425 |
Class R6 | — | 6,456 |
Total | $202,976 | $84,550 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Borrower | $3,761,111 | 18 | 0.914% | $(1,719) |
32 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 886,682 | $10,285,372 | 1,029,808 | $12,840,638 |
Distributions reinvested | 637,663 | 7,301,245 | 124,625 | 1,449,385 |
Repurchased | (1,119,663) | (12,435,507) | (942,936) | (11,320,466) |
Net increase | 404,682 | $5,151,110 | 211,497 | $2,969,557 |
Class C shares | ||||
Sold | 1,830 | $20,877 | 4,671 | $56,134 |
Distributions reinvested | 9,441 | 108,668 | 2,133 | 24,911 |
Repurchased | (23,703) | (267,149) | (38,154) | (475,292) |
Net decrease | (12,432) | $(137,604) | (31,350) | $(394,247) |
Class I shares | ||||
Sold | 400,208 | $4,066,341 | 88,300 | $1,134,817 |
Distributions reinvested | 18,097 | 206,842 | 1,729 | 20,078 |
Repurchased | (111,766) | (1,197,500) | (34,064) | (416,040) |
Net increase | 306,539 | $3,075,683 | 55,965 | $738,855 |
Class R6 shares | ||||
Sold | 1,366,621 | $15,383,276 | 1,122,369 | $13,840,179 |
Distributions reinvested | 718,801 | 8,215,898 | 159,880 | 1,857,805 |
Repurchased | (1,234,797) | (13,771,892) | (1,583,667) | (18,858,849) |
Net increase (decrease) | 850,625 | $9,827,282 | (301,418) | $(3,160,865) |
Class NAV shares | ||||
Sold | 873,610 | $10,490,898 | 543,350 | $6,756,585 |
Distributions reinvested | 6,636,465 | 75,854,795 | 1,713,431 | 19,892,934 |
Repurchased | (9,154,917) | (97,502,800) | (13,985,510) | (168,741,808) |
Net decrease | (1,644,842) | $(11,157,107) | (11,728,729) | $(142,092,289) |
Total net increase (decrease) | (95,428) | $6,759,364 | (11,794,035) | $(141,938,989) |
ANNUAL REPORT | JOHN HANCOCK International Small Company Fund | 33 |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 30.9% |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 15.4% |
John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | 14.2% |
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* | 1,496,854 | $16,515,754 | $99,226,320 | $(100,761,445) | $(12,863) | $(9,108) | $551,902 | $3,716 | $14,958,658 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
34 | JOHN HANCOCK International Small Company Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 35 |
36 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 37 |
(a) | 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; |
38 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 39 |
(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. |
40 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
(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) | 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 Trust (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 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 Trust’s Advisor and Subadvisor. |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 41 |
(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) | subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that the subadvisory fees are paid by the Advisor not the fund. |
42 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 43 |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
44 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 45 |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
46 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 47 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
48 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 49 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Arun Keswani, CFA
Joel P. Schneider
Bhanu P. Singh
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
50 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
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a diverse set of investments backed by some of the world’s best
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200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406944 | 424A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 1 |
2 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 3 |
COUNTRY COMPOSITION AS OF 8/31/2022 (% of net assets) | |
United States | 63.1 |
Japan | 2.8 |
Mexico | 2.7 |
Hong Kong | 2.5 |
Canada | 2.5 |
Luxembourg | 2.1 |
United Kingdom | 2.0 |
Singapore | 1.7 |
China | 1.7 |
Ireland | 1.7 |
Other countries | 17.2 |
TOTAL | 100.0 |
4 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
TOP 5 EQUITY HOLDINGS AS OF 8/31/2022 (% of net assets) | |
The AES Corp. | 0.7 |
Algonquin Power & Utilities Corp. | 0.6 |
Campbell Soup Company | 0.5 |
The J.M. Smucker Company | 0.5 |
Cardinal Health, Inc. | 0.4 |
TOTAL | 2.7 |
Cash and cash equivalents are not included. |
TOP 5 BOND ISSUERS AS OF 8/31/2022 (% of net assets) | |
Petroleos Mexicanos | 1.0 |
Bank of America Corp. | 0.9 |
Carnival Corp. | 0.7 |
Prudential Financial, Inc. | 0.6 |
SoftBank Group Corp. | 0.5 |
TOTAL | 3.7 |
Cash and cash equivalents are not included. |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 5 |
6 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | |||||
1-year | 5-year | Since inception (11-14-14) | 5-year | Since inception (11-14-14) | as of 8-31-22 | as of 8-31-22 | ||
Class A | -13.31 | 1.16 | 2.05 | 5.93 | 17.14 | 5.08 | 4.93 | |
Class C | -10.70 | 1.35 | 1.90 | 6.96 | 15.80 | 4.55 | 4.40 | |
Class I1 | -8.96 | 2.39 | 2.95 | 12.53 | 25.40 | 5.58 | 5.43 | |
Class R61 | -8.85 | 2.49 | 3.06 | 13.10 | 26.52 | 5.70 | 5.55 | |
Class NAV1,2 | -8.81 | 1.86 | 2.23 | 9.67 | 18.73 | 5.71 | 5.56 | |
Index 1†† | -11.52 | 0.52 | 1.31 | 2.62 | 10.69 | — | — | |
Index 2†† | -15.08 | 7.85 | 7.53 | 45.95 | 76.10 | — | — | |
Index 3†† | -11.69 | 2.53 | 3.79 | 13.33 | 33.61 | — | — | |
Index 4†† | -12.40 | 2.95 | 3.37 | 15.66 | 29.50 | — | — |
Class A | Class C | Class I | Class R6 | Class NAV | |
Gross (%) | 1.00 | 1.75 | 0.75 | 0.65 | 0.64 |
Net (%) | 0.88 | 1.63 | 0.63 | 0.53 | 0.52 |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 7 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | Index 3 ($) | Index 4 ($) | |
Class C3 | 11-14-14 | 11,580 | 11,580 | 11,069 | 17,610 | 13,361 | 12,950 |
Class I1 | 11-14-14 | 12,540 | 12,540 | 11,069 | 17,610 | 13,361 | 12,950 |
Class R61 | 11-14-14 | 12,652 | 12,652 | 11,069 | 17,610 | 13,361 | 12,950 |
Class NAV1,2 | 11-14-14 | 11,873 | 11,873 | 11,069 | 17,610 | 13,361 | 12,950 |
1 | For certain types of investors, as described in the portfolio’s prospectuses. |
2 | Class NAV shares were first offered on 6-4-20. Returns prior to this date are those of Class C shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
3 | The contingent deferred sales charge is not applicable. |
8 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 9 |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $940.70 | $4.35 | 0.89% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.53 | 0.89% | |
Class C | Actual expenses/actual returns | 1,000.00 | 936.60 | 8.01 | 1.64% |
Hypothetical example | 1,000.00 | 1,016.90 | 8.34 | 1.64% | |
Class I | Actual expenses/actual returns | 1,000.00 | 941.00 | 3.13 | 0.64% |
Hypothetical example | 1,000.00 | 1,022.00 | 3.26 | 0.64% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 942.60 | 2.60 | 0.53% |
Hypothetical example | 1,000.00 | 1,022.50 | 2.70 | 0.53% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 942.40 | 2.55 | 0.52% |
Hypothetical example | 1,000.00 | 1,022.60 | 2.65 | 0.52% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
10 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
Foreign government obligations 0.6% | $683,329 | ||||
(Cost $933,718) | |||||
Argentina 0.2% | 204,649 | ||||
Republic of Argentina Bond (3.500% to 7-9-29, then 4.875% thereafter) | 3.500 | 07-09-41 | 780,000 | 204,649 | |
Bahrain 0.1% | 170,978 | ||||
Kingdom of Bahrain Bond (A) | 5.450 | 09-16-32 | 200,000 | 170,978 | |
Colombia 0.3% | 307,702 | ||||
Republic of Colombia Bond | 6.125 | 01-18-41 | 385,000 | 307,702 | |
Corporate bonds 55.1% | $68,570,453 | ||||
(Cost $80,857,589) | |||||
Communication services 8.9% | 11,040,256 | ||||
Diversified telecommunication services 2.9% | |||||
C&W Senior Financing DAC (A) | 6.875 | 09-15-27 | 440,000 | 390,500 | |
Cable Onda SA (A) | 4.500 | 01-30-30 | 200,000 | 176,500 | |
Cellnex Telecom SA | 1.875 | 06-26-29 | EUR | 400,000 | 322,777 |
Connect Finco SARL (A) | 6.750 | 10-01-26 | 300,000 | 275,094 | |
IHS Holding, Ltd. (A) | 6.250 | 11-29-28 | 210,000 | 177,719 | |
Iliad Holding SASU (A) | 5.125 | 10-15-26 | EUR | 125,000 | 118,702 |
Iliad Holding SASU (A) | 6.500 | 10-15-26 | 315,000 | 287,841 | |
Kenbourne Invest SA | 4.700 | 01-22-28 | 200,000 | 160,908 | |
Level 3 Financing, Inc. (A) | 4.250 | 07-01-28 | 210,000 | 174,563 | |
Network i2i, Ltd. (5.650% to 1-15-25, then 5 Year CMT + 4.274%) (B) | 5.650 | 01-15-25 | 200,000 | 191,250 | |
PPF Telecom Group BV | 3.125 | 03-27-26 | EUR | 325,000 | 304,284 |
Telecom Italia Capital SA | 6.000 | 09-30-34 | 400,000 | 315,824 | |
Telesat Canada (A) | 5.625 | 12-06-26 | 315,000 | 183,641 | |
Total Play Telecomunicaciones SA de CV (A) | 6.375 | 09-20-28 | 260,000 | 204,750 | |
Total Play Telecomunicaciones SA de CV (A) | 7.500 | 11-12-25 | 300,000 | 270,000 | |
Zayo Group Holdings, Inc. (A) | 6.125 | 03-01-28 | 130,000 | 99,551 | |
Entertainment 0.7% | |||||
AMC Entertainment Holdings, Inc. (A) | 10.000 | 06-15-26 | 230,000 | 184,863 | |
Lions Gate Capital Holdings LLC (A) | 5.500 | 04-15-29 | 350,000 | 277,214 | |
ROBLOX Corp. (A) | 3.875 | 05-01-30 | 235,000 | 196,030 | |
WMG Acquisition Corp. (A) | 3.000 | 02-15-31 | 225,000 | 178,594 | |
Interactive media and services 0.7% | |||||
Arches Buyer, Inc. (A) | 6.125 | 12-01-28 | 284,000 | 222,145 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Interactive media and services (continued) | |||||
Match Group Holdings II LLC (A) | 4.125 | 08-01-30 | 270,000 | $223,410 | |
TripAdvisor, Inc. (A) | 7.000 | 07-15-25 | 390,000 | 383,015 | |
Media 3.5% | |||||
Altice Financing SA (A) | 4.250 | 08-15-29 | EUR | 100,000 | 80,982 |
Altice Financing SA (A) | 5.750 | 08-15-29 | 255,000 | 205,402 | |
Altice France Holding SA (A) | 6.000 | 02-15-28 | 550,000 | 372,952 | |
CCO Holdings LLC | 4.500 | 05-01-32 | 400,000 | 324,592 | |
CSC Holdings LLC (A) | 6.500 | 02-01-29 | 200,000 | 184,047 | |
Globo Comunicacao e Participacoes SA (A) | 4.875 | 01-22-30 | 500,000 | 408,253 | |
iHeartCommunications, Inc. | 8.375 | 05-01-27 | 250,000 | 220,195 | |
LCPR Senior Secured Financing DAC (A) | 5.125 | 07-15-29 | 245,000 | 210,700 | |
LCPR Senior Secured Financing DAC (A) | 6.750 | 10-15-27 | 378,000 | 356,772 | |
National CineMedia LLC (A) | 5.875 | 04-15-28 | 230,000 | 160,747 | |
News Corp. (A) | 5.125 | 02-15-32 | 111,000 | 102,120 | |
Paramount Global (6.375% to 3-30-27, then 5 Year CMT + 3.999%) | 6.375 | 03-30-62 | 720,000 | 662,315 | |
Radiate Holdco LLC (A) | 6.500 | 09-15-28 | 400,000 | 297,896 | |
Stagwell Global LLC (A) | 5.625 | 08-15-29 | 240,000 | 203,532 | |
Townsquare Media, Inc. (A) | 6.875 | 02-01-26 | 112,000 | 104,785 | |
Virgin Media Finance PLC (A) | 5.000 | 07-15-30 | 400,000 | 315,980 | |
VTR Comunicaciones SpA (A) | 4.375 | 04-15-29 | 220,000 | 137,775 | |
Wireless telecommunication services 1.1% | |||||
Millicom International Cellular SA (A) | 6.250 | 03-25-29 | 373,500 | 353,583 | |
SoftBank Group Corp. | 5.125 | 09-19-27 | 265,000 | 225,981 | |
SoftBank Group Corp. (6.875% to 7-19-27, then 5 Year ICE Swap Rate + 4.854%) (B) | 6.875 | 07-19-27 | 500,000 | 438,750 | |
Vmed O2 UK Financing I PLC (A) | 3.250 | 01-31-31 | EUR | 420,000 | 353,722 |
Consumer discretionary 8.1% | 10,060,817 | ||||
Automobiles 0.6% | |||||
Ford Motor Company | 3.250 | 02-12-32 | 71,000 | 55,457 | |
Ford Motor Company | 5.291 | 12-08-46 | 400,000 | 321,000 | |
Ford Motor Credit Company LLC | 4.063 | 11-01-24 | 400,000 | 388,292 | |
Diversified consumer services 1.1% | |||||
GEMS MENASA Cayman, Ltd. (A) | 7.125 | 07-31-26 | 325,000 | 308,984 | |
King Talent Management, Ltd. (5.600% to 12-4-22, then 5 Year CMT + 3.521%) (B) | 5.600 | 12-04-22 | 200,000 | 192,000 | |
Sotheby’s (A) | 7.375 | 10-15-27 | 500,000 | 471,360 | |
Stena International SA (A) | 6.125 | 02-01-25 | 400,000 | 386,000 |
12 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure 5.3% | |||||
Affinity Gaming (A) | 6.875 | 12-15-27 | 305,000 | $264,857 | |
Allwyn International AS (A) | 3.875 | 02-15-27 | EUR | 450,000 | 400,460 |
Carnival Corp. (A) | 5.750 | 03-01-27 | 230,000 | 178,825 | |
Carnival Corp. (A) | 6.000 | 05-01-29 | 662,000 | 501,895 | |
Carnival Corp. (A) | 7.625 | 03-01-26 | 110,000 | 93,649 | |
CEC Entertainment LLC (A) | 6.750 | 05-01-26 | 260,000 | 236,600 | |
Choice Hotels International, Inc. | 3.700 | 12-01-29 | 260,000 | 230,183 | |
Hilton Domestic Operating Company, Inc. (A) | 3.625 | 02-15-32 | 245,000 | 197,792 | |
Hilton Grand Vacations Borrower Escrow LLC (A) | 5.000 | 06-01-29 | 370,000 | 327,382 | |
International Game Technology PLC (A) | 4.125 | 04-15-26 | 260,000 | 238,336 | |
International Game Technology PLC (A) | 5.250 | 01-15-29 | 440,000 | 411,396 | |
Melco Resorts Finance, Ltd. | 4.875 | 06-06-25 | 200,000 | 153,040 | |
MGM Resorts International | 6.750 | 05-01-25 | 425,000 | 424,520 | |
Mohegan Gaming & Entertainment (A) | 8.000 | 02-01-26 | 490,000 | 431,078 | |
New Red Finance, Inc. (A) | 4.375 | 01-15-28 | 280,000 | 250,310 | |
Premier Entertainment Sub LLC (A) | 5.875 | 09-01-31 | 380,000 | 265,555 | |
Resorts World Las Vegas LLC (A) | 4.625 | 04-16-29 | 500,000 | 409,120 | |
Resorts World Las Vegas LLC | 4.625 | 04-16-29 | 200,000 | 163,648 | |
Sands China, Ltd. | 5.625 | 08-08-25 | 200,000 | 182,120 | |
Studio City Company, Ltd. (A) | 7.000 | 02-15-27 | 200,000 | 168,255 | |
Travel + Leisure Company (A) | 4.500 | 12-01-29 | 175,000 | 142,271 | |
Travel + Leisure Company | 6.600 | 10-01-25 | 130,000 | 130,906 | |
Travel + Leisure Company (A) | 6.625 | 07-31-26 | 280,000 | 271,340 | |
Wynn Macau, Ltd. | 4.875 | 10-01-24 | 200,000 | 159,838 | |
Yum! Brands, Inc. (A) | 4.750 | 01-15-30 | 420,000 | 382,725 | |
Household durables 0.3% | |||||
KB Home | 4.000 | 06-15-31 | 251,000 | 197,993 | |
KB Home | 7.250 | 07-15-30 | 80,000 | 76,850 | |
TopBuild Corp. (A) | 3.625 | 03-15-29 | 130,000 | 109,334 | |
Internet and direct marketing retail 0.5% | |||||
MercadoLibre, Inc. | 3.125 | 01-14-31 | 400,000 | 314,320 | |
Prosus NV (A) | 2.031 | 08-03-32 | EUR | 170,000 | 117,780 |
Prosus NV (A) | 3.832 | 02-08-51 | 200,000 | 124,680 | |
Multiline retail 0.2% | |||||
Golden Eagle Retail Group, Ltd. | 4.625 | 05-21-23 | 200,000 | 189,014 | |
Macy’s Retail Holdings LLC (A) | 5.875 | 03-15-30 | 25,000 | 21,375 | |
Macy’s Retail Holdings LLC (A) | 6.125 | 03-15-32 | 25,000 | 20,760 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Specialty retail 0.1% | |||||
Group 1 Automotive, Inc. (A) | 4.000 | 08-15-28 | 175,000 | $149,517 | |
Consumer staples 1.9% | 2,337,330 | ||||
Food and staples retailing 0.3% | |||||
Performance Food Group, Inc. (A) | 4.250 | 08-01-29 | 150,000 | 128,442 | |
U.S. Foods, Inc. (A) | 4.750 | 02-15-29 | 195,000 | 173,787 | |
Food products 1.1% | |||||
BRF SA (A) | 5.750 | 09-21-50 | 200,000 | 142,100 | |
Darling Ingredients, Inc. (A) | 6.000 | 06-15-30 | 125,000 | 125,158 | |
Lamb Weston Holdings, Inc. (A) | 4.125 | 01-31-30 | 228,000 | 205,485 | |
MARB BondCo PLC (A) | 3.950 | 01-29-31 | 215,000 | 169,581 | |
Post Holdings, Inc. (A) | 4.500 | 09-15-31 | 400,000 | 340,108 | |
Ulker Biskuvi Sanayi AS (A) | 6.950 | 10-30-25 | 505,000 | 356,793 | |
Household products 0.3% | |||||
Edgewell Personal Care Company (A) | 4.125 | 04-01-29 | 160,000 | 137,517 | |
Edgewell Personal Care Company (A) | 5.500 | 06-01-28 | 300,000 | 277,053 | |
Personal products 0.2% | |||||
Natura Cosmeticos SA (A) | 4.125 | 05-03-28 | 200,000 | 165,306 | |
Oriflame Investment Holding PLC (A) | 5.125 | 05-04-26 | 200,000 | 116,000 | |
Energy 7.3% | 9,036,896 | ||||
Energy equipment and services 0.4% | |||||
Inkia Energy, Ltd. (A) | 5.875 | 11-09-27 | 500,000 | 475,399 | |
Oil, gas and consumable fuels 6.9% | |||||
Antero Midstream Partners LP (A) | 5.375 | 06-15-29 | 190,000 | 174,213 | |
Ascent Resources Utica Holdings LLC (A) | 5.875 | 06-30-29 | 180,000 | 162,000 | |
Cheniere Energy Partners LP | 3.250 | 01-31-32 | 125,000 | 100,063 | |
Cheniere Energy Partners LP | 4.000 | 03-01-31 | 230,000 | 201,538 | |
Cheniere Energy Partners LP | 4.500 | 10-01-29 | 143,000 | 131,678 | |
Delek Logistics Partners LP (A) | 7.125 | 06-01-28 | 185,000 | 172,846 | |
Ecopetrol SA | 5.875 | 05-28-45 | 185,000 | 127,674 | |
Energean Israel Finance, Ltd. (A) | 5.375 | 03-30-28 | 100,000 | 89,504 | |
Energean Israel Finance, Ltd. (A) | 5.875 | 03-30-31 | 190,000 | 164,677 | |
Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (B) | 7.125 | 05-15-30 | 510,000 | 464,075 | |
EQM Midstream Partners LP (A) | 4.750 | 01-15-31 | 205,000 | 177,296 | |
EQM Midstream Partners LP (A) | 7.500 | 06-01-30 | 218,000 | 216,433 | |
Genesis Energy LP | 7.750 | 02-01-28 | 215,000 | 199,297 | |
Greenko Solar Mauritius, Ltd. | 5.950 | 07-29-26 | 200,000 | 175,060 | |
Hess Midstream Operations LP (A) | 5.500 | 10-15-30 | 50,000 | 45,526 | |
HPCL-Mittal Energy, Ltd. | 5.450 | 10-22-26 | 200,000 | 189,694 |
14 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Indika Energy Capital IV Pte, Ltd. | 8.250 | 10-22-25 | 300,000 | $288,009 | |
Inversiones Latin America Power, Ltda. (A) | 5.125 | 06-15-33 | 195,890 | 107,748 | |
Leviathan Bond, Ltd. (A) | 6.750 | 06-30-30 | 410,000 | 388,106 | |
MC Brazil Downstream Trading SARL (A) | 7.250 | 06-30-31 | 295,000 | 246,694 | |
Medco Bell Pte, Ltd. | 6.375 | 01-30-27 | 400,000 | 353,447 | |
MEG Energy Corp. (A) | 5.875 | 02-01-29 | 87,000 | 80,910 | |
MPLX LP | 4.950 | 09-01-32 | 120,000 | 116,265 | |
MPLX LP (6.875% to 2-15-23, then 3 month LIBOR + 4.652%) (B) | 6.875 | 02-15-23 | 525,000 | 506,333 | |
New Fortress Energy, Inc. (A) | 6.500 | 09-30-26 | 330,000 | 312,626 | |
NuStar Logistics LP | 6.375 | 10-01-30 | 235,000 | 213,850 | |
Occidental Petroleum Corp. | 3.500 | 08-15-29 | 350,000 | 321,851 | |
Occidental Petroleum Corp. | 6.375 | 09-01-28 | 135,000 | 140,997 | |
Occidental Petroleum Corp. | 6.625 | 09-01-30 | 135,000 | 144,221 | |
Parkland Corp. (A) | 5.875 | 07-15-27 | 350,000 | 338,098 | |
Petroleos Mexicanos | 6.625 | 06-15-35 | 635,000 | 455,613 | |
Petroleos Mexicanos | 6.875 | 10-16-25 | 260,000 | 252,954 | |
Petroleos Mexicanos | 7.470 | 11-12-26 | MXN | 12,562,500 | 545,028 |
Southwestern Energy Company | 4.750 | 02-01-32 | 95,000 | 84,679 | |
Sunoco LP | 4.500 | 04-30-30 | 132,000 | 112,596 | |
Talos Production, Inc. | 12.000 | 01-15-26 | 100,000 | 105,943 | |
The Oil and Gas Holding Company BSCC (A) | 7.500 | 10-25-27 | 450,000 | 458,670 | |
Venture Global Calcasieu Pass LLC (A) | 4.125 | 08-15-31 | 225,000 | 195,285 | |
Financials 6.9% | 8,636,500 | ||||
Banks 4.3% | |||||
Axis Bank, Ltd. (4.100% to 9-8-26, then 5 Year CMT + 3.315%) (A)(B) | 4.100 | 09-08-26 | 200,000 | 173,840 | |
Bank of America Corp. (6.100% to 3-17-25, then 3 month LIBOR + 3.898%) (B) | 6.100 | 03-17-25 | 650,000 | 643,905 | |
Bank of America Corp. (6.125% to 4-27-27, then 5 Year CMT + 3.231%) (B) | 6.125 | 04-27-27 | 480,000 | 472,464 | |
Barclays PLC (8.000% to 3-15-29, then 5 Year CMT + 5.431%) (B) | 8.000 | 03-15-29 | 550,000 | 532,125 | |
Credit Agricole SA (4.750% to 3-23-29, then 5 Year CMT + 3.237%) (A)(B) | 4.750 | 03-23-29 | 275,000 | 215,306 | |
Credit Agricole SA (8.125% to 12-23-25, then 5 Year U.S. Swap Rate + 6.185%) (A)(B) | 8.125 | 12-23-25 | 385,000 | 393,695 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
Freedom Mortgage Corp. (A) | 6.625 | 01-15-27 | 140,000 | $105,517 | |
Freedom Mortgage Corp. (A) | 8.250 | 04-15-25 | 254,000 | 219,742 | |
HDFC Bank, Ltd. (3.700% to 8-25-26, then 5 Year CMT + 2.925%) (A)(B) | 3.700 | 08-25-26 | 200,000 | 172,030 | |
ING Groep NV (6.500% to 4-16-25, then 5 Year U.S. Swap Rate + 4.446%) (B) | 6.500 | 04-16-25 | 440,000 | 420,332 | |
JPMorgan Chase & Co. (4.600% to 2-1-25, then SOFR + 3.125%) (B) | 4.600 | 02-01-25 | 420,000 | 369,180 | |
Nordea Bank ABP (3.750% to 3-1-29, then 5 Year CMT + 2.602%) (A)(B) | 3.750 | 03-01-29 | 735,000 | 543,120 | |
Societe Generale SA (5.375% to 11-18-30, then 5 Year CMT + 4.514%) (A)(B) | 5.375 | 11-18-30 | 400,000 | 324,000 | |
The Bank of East Asia, Ltd. (5.825% to 10-21-25, then 5 Year CMT + 5.527%) (B) | 5.825 | 10-21-25 | 250,000 | 237,500 | |
The PNC Financial Services Group, Inc. (6.000% to 5-15-27, then 5 Year CMT + 3.000%) (B) | 6.000 | 05-15-27 | 245,000 | 238,263 | |
U.S. Bancorp (3.700% to 1-15-27, then 5 Year CMT + 2.541%) (B) | 3.700 | 01-15-27 | 395,000 | 330,532 | |
Capital markets 1.1% | |||||
Deutsche Bank AG (3.742% to 10-7-31, then SOFR + 2.257%) | 3.742 | 01-07-33 | 200,000 | 142,099 | |
Deutsche Bank AG (4.875% to 12-1-27, then 5 Year ICE Swap Rate + 2.553%) | 4.875 | 12-01-32 | 425,000 | 361,028 | |
Guangxi Financial Investment Group Company, Ltd. | 3.600 | 11-18-23 | 400,000 | 366,086 | |
The Charles Schwab Corp. (5.000% to 6-1-27, then 5 Year CMT + 3.256%) (B) | 5.000 | 06-01-27 | 180,000 | 167,339 | |
The Charles Schwab Corp. (5.375% to 6-1-25, then 5 Year CMT + 4.971%) (B) | 5.375 | 06-01-25 | 300,000 | 298,125 | |
Consumer finance 0.0% | |||||
Unifin Financiera SAB de CV (A) | 9.875 | 01-28-29 | 475,000 | 66,548 | |
Insurance 1.4% | |||||
Markel Corp. (6.000% to 6-1-25, then 5 Year CMT + 5.662%) (B) | 6.000 | 06-01-25 | 400,000 | 398,111 | |
Prudential Financial, Inc. (5.125% to 11-28-31, then 5 Year CMT + 3.162%) | 5.125 | 03-01-52 | 245,000 | 227,561 |
16 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Insurance (continued) | |||||
Prudential Financial, Inc. (6.000% to 6-1-32, then 5 Year CMT + 3.234%) | 6.000 | 09-01-52 | 500,000 | $493,620 | |
SBL Holdings, Inc. (6.500% to 11-13-26, then 5 Year CMT + 5.620%) (A)(B) | 6.500 | 11-13-26 | 800,000 | 626,000 | |
Thrifts and mortgage finance 0.1% | |||||
Nationstar Mortgage Holdings, Inc. (A) | 5.125 | 12-15-30 | 125,000 | 98,432 | |
Health care 2.6% | 3,212,555 | ||||
Health care equipment and supplies 0.1% | |||||
Varex Imaging Corp. (A) | 7.875 | 10-15-27 | 133,000 | 128,345 | |
Health care providers and services 1.9% | |||||
Centene Corp. | 3.375 | 02-15-30 | 515,000 | 441,613 | |
DaVita, Inc. (A) | 3.750 | 02-15-31 | 245,000 | 180,265 | |
DaVita, Inc. (A) | 4.625 | 06-01-30 | 500,000 | 402,520 | |
HCA, Inc. | 3.500 | 09-01-30 | 435,000 | 379,600 | |
HealthEquity, Inc. (A) | 4.500 | 10-01-29 | 135,000 | 118,738 | |
Rede D’or Finance Sarl (A) | 4.500 | 01-22-30 | 419,000 | 370,815 | |
Select Medical Corp. (A) | 6.250 | 08-15-26 | 330,000 | 315,698 | |
U.S. Renal Care, Inc. (A) | 10.625 | 07-15-27 | 250,000 | 118,189 | |
Health care technology 0.2% | |||||
Change Healthcare Holdings LLC (A) | 5.750 | 03-01-25 | 230,000 | 227,270 | |
Pharmaceuticals 0.4% | |||||
Organon & Company (A) | 5.125 | 04-30-31 | 295,000 | 258,125 | |
Viatris, Inc. | 4.000 | 06-22-50 | 420,000 | 271,377 | |
Industrials 6.2% | 7,718,351 | ||||
Aerospace and defense 0.4% | |||||
Embraer Netherlands Finance BV (A) | 6.950 | 01-17-28 | 265,000 | 264,205 | |
Howmet Aerospace, Inc. | 5.950 | 02-01-37 | 15,000 | 14,546 | |
The Boeing Company | 5.705 | 05-01-40 | 275,000 | 262,295 | |
Air freight and logistics 0.4% | |||||
Simpar Europe SA (A) | 5.200 | 01-26-31 | 200,000 | 162,302 | |
Simpar Finance Sarl (A) | 10.750 | 02-12-28 | BRL | 1,190,000 | 181,447 |
XPO Logistics, Inc. (A) | 6.250 | 05-01-25 | 122,000 | 123,422 | |
Airlines 0.5% | |||||
American Airlines, Inc. (A) | 5.750 | 04-20-29 | 210,000 | 189,575 | |
United Airlines 2020-1 Class A Pass Through Trust | 5.875 | 10-15-27 | 163,723 | 161,593 | |
United Airlines, Inc. (A) | 4.375 | 04-15-26 | 295,000 | 268,966 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Building products 0.4% | |||||
Builders FirstSource, Inc. (A) | 5.000 | 03-01-30 | 500,000 | $443,125 | |
Commercial services and supplies 1.5% | |||||
Albion Financing 1 Sarl (A) | 5.250 | 10-15-26 | EUR | 100,000 | 89,354 |
Albion Financing 1 Sarl (A) | 6.125 | 10-15-26 | 200,000 | 178,118 | |
Allied Universal Holdco LLC (A) | 6.000 | 06-01-29 | 275,000 | 204,104 | |
Allied Universal Holdco LLC (A) | 6.625 | 07-15-26 | 330,000 | 308,976 | |
APX Group, Inc. (A) | 6.750 | 02-15-27 | 200,000 | 194,249 | |
Cimpress PLC (A) | 7.000 | 06-15-26 | 500,000 | 398,462 | |
Elis SA | 1.625 | 04-03-28 | EUR | 300,000 | 252,785 |
Prime Security Services Borrower LLC (A) | 3.375 | 08-31-27 | 225,000 | 193,641 | |
Construction and engineering 1.4% | |||||
Ellaktor Value PLC (A) | 6.375 | 12-15-24 | EUR | 550,000 | 554,264 |
Global Infrastructure Solutions, Inc. (A) | 5.625 | 06-01-29 | 300,000 | 239,900 | |
IEA Energy Services LLC (A) | 6.625 | 08-15-29 | 160,000 | 159,200 | |
IHS Netherlands Holdco BV (A) | 8.000 | 09-18-27 | 400,000 | 366,048 | |
Picasso Finance Sub, Inc. (A) | 6.125 | 06-15-25 | 211,000 | 211,425 | |
Tutor Perini Corp. (A) | 6.875 | 05-01-25 | 240,000 | 196,200 | |
Electrical equipment 0.2% | |||||
Atkore, Inc. (A) | 4.250 | 06-01-31 | 125,000 | 104,963 | |
Vertiv Group Corp. (A) | 4.125 | 11-15-28 | 199,000 | 172,135 | |
Machinery 0.3% | |||||
HTA Group, Ltd. (A) | 7.000 | 12-18-25 | 205,000 | 192,110 | |
Madison IAQ LLC (A) | 5.875 | 06-30-29 | 124,000 | 102,007 | |
TK Elevator Holdco GmbH (A) | 6.625 | 07-15-28 | EUR | 117,000 | 100,205 |
Road and rail 0.5% | |||||
Uber Technologies, Inc. (A) | 8.000 | 11-01-26 | 600,000 | 606,164 | |
Trading companies and distributors 0.2% | |||||
Alta Equipment Group, Inc. (A) | 5.625 | 04-15-26 | 125,000 | 108,438 | |
Ashtead Capital, Inc. (A) | 5.500 | 08-11-32 | 200,000 | 196,235 | |
Transportation infrastructure 0.4% | |||||
Adani Ports & Special Economic Zone, Ltd. | 4.375 | 07-03-29 | 200,000 | 178,737 | |
GMR Hyderabad International Airport, Ltd. | 4.250 | 10-27-27 | 200,000 | 173,500 | |
JSW Infrastructure, Ltd. (A) | 4.950 | 01-21-29 | 200,000 | 165,655 | |
Information technology 2.3% | 2,827,917 | ||||
Communications equipment 0.1% | |||||
CommScope, Inc. (A) | 8.250 | 03-01-27 | 115,000 | 98,557 | |
IT services 0.8% | |||||
Block, Inc. | 3.500 | 06-01-31 | 500,000 | 411,365 |
18 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
IT services (continued) | |||||
Sixsigma Networks Mexico SA de CV (A) | 7.500 | 05-02-25 | 650,000 | $538,994 | |
Semiconductors and semiconductor equipment 0.5% | |||||
Entegris Escrow Corp. (A) | 4.750 | 04-15-29 | 324,000 | 297,963 | |
Qorvo, Inc. (A) | 3.375 | 04-01-31 | 330,000 | 264,198 | |
Software 0.6% | |||||
Consensus Cloud Solutions, Inc. (A) | 6.000 | 10-15-26 | 141,000 | 128,382 | |
Consensus Cloud Solutions, Inc. (A) | 6.500 | 10-15-28 | 275,000 | 245,951 | |
NCR Corp. (A) | 5.125 | 04-15-29 | 95,000 | 88,708 | |
NCR Corp. (A) | 5.250 | 10-01-30 | 185,000 | 170,842 | |
Ziff Davis, Inc. (A) | 4.625 | 10-15-30 | 180,000 | 153,450 | |
Technology hardware, storage and peripherals 0.3% | |||||
Seagate HDD Cayman Company | 4.125 | 01-15-31 | 300,000 | 245,820 | |
Xerox Holdings Corp. (A) | 5.500 | 08-15-28 | 210,000 | 183,687 | |
Materials 4.9% | 6,171,132 | ||||
Chemicals 1.3% | |||||
Braskem Idesa SAPI (A) | 6.990 | 02-20-32 | 400,000 | 310,000 | |
Braskem Netherlands Finance BV (A) | 5.875 | 01-31-50 | 285,000 | 232,275 | |
Cydsa SAB de CV (A) | 6.250 | 10-04-27 | 450,000 | 399,809 | |
ICL Group, Ltd. (A) | 6.375 | 05-31-38 | 400,000 | 393,136 | |
SCIL IV LLC (A) | 5.375 | 11-01-26 | 200,000 | 166,000 | |
UPL Corp., Ltd. (5.250% to 2-27-25, then 5 Year CMT + 3.865%) (B) | 5.250 | 02-27-25 | 200,000 | 148,800 | |
Construction materials 0.9% | |||||
Cemex SAB de CV (A) | 3.875 | 07-11-31 | 400,000 | 336,826 | |
Standard Industries, Inc. (A) | 5.000 | 02-15-27 | 210,000 | 192,053 | |
West China Cement, Ltd. | 4.950 | 07-08-26 | 400,000 | 302,799 | |
Wienerberger AG | 2.750 | 06-04-25 | EUR | 300,000 | 288,897 |
Containers and packaging 0.4% | |||||
Ardagh Packaging Finance PLC (A) | 5.250 | 08-15-27 | 340,000 | 245,774 | |
Clydesdale Acquisition Holdings, Inc. (A) | 6.625 | 04-15-29 | 35,000 | 33,597 | |
Clydesdale Acquisition Holdings, Inc. (A) | 8.750 | 04-15-30 | 150,000 | 130,430 | |
Graham Packaging Company, Inc. (A) | 7.125 | 08-15-28 | 120,000 | 103,045 | |
Metals and mining 2.3% | |||||
ABJA Investment Company Pte, Ltd. | 5.950 | 07-31-24 | 300,000 | 303,534 | |
Adaro Indonesia PT | 4.250 | 10-31-24 | 250,000 | 242,457 | |
Chalieco Hong Kong Corp., Ltd. (5.000% to 5-21-23, then 3 Year CMT + 6.380%) (B) | 5.000 | 05-21-23 | 200,000 | 198,000 | |
Commercial Metals Company | 3.875 | 02-15-31 | 195,000 | 161,854 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Metals and mining (continued) | |||||
First Quantum Minerals, Ltd. (A) | 7.500 | 04-01-25 | 450,000 | $442,913 | |
Gold Fields Orogen Holdings BVI, Ltd. (A) | 6.125 | 05-15-29 | 475,000 | 480,961 | |
JSW Steel, Ltd. (A) | 5.050 | 04-05-32 | 200,000 | 156,580 | |
QVC, Inc. | 4.375 | 09-01-28 | 37,000 | 28,080 | |
Shandong Iron and Steel Xinheng International Company, Ltd. | 6.850 | 09-25-22 | 200,000 | 199,100 | |
Volcan Cia Minera SAA (A) | 4.375 | 02-11-26 | 430,000 | 374,124 | |
Yankuang Group Cayman, Ltd. | 4.000 | 07-16-23 | 300,000 | 300,088 | |
Real estate 2.8% | 3,534,297 | ||||
Equity real estate investment trusts 1.1% | |||||
American Tower Corp. | 3.800 | 08-15-29 | 200,000 | 185,150 | |
Iron Mountain Information Management Services, Inc. (A) | 5.000 | 07-15-32 | 245,000 | 203,376 | |
RHP Hotel Properties LP (A) | 4.500 | 02-15-29 | 230,000 | 198,624 | |
RLJ Lodging Trust LP (A) | 3.750 | 07-01-26 | 142,000 | 127,394 | |
RLJ Lodging Trust LP (A) | 4.000 | 09-15-29 | 200,000 | 168,858 | |
Uniti Group LP (A) | 6.500 | 02-15-29 | 130,000 | 99,044 | |
VICI Properties LP (A) | 4.625 | 12-01-29 | 465,000 | 429,544 | |
Real estate management and development 1.7% | |||||
Agile Group Holdings, Ltd. | 6.050 | 10-13-25 | 200,000 | 76,818 | |
Central China Real Estate, Ltd. | 7.250 | 07-16-24 | 200,000 | 70,927 | |
Central China Real Estate, Ltd. | 7.900 | 11-07-23 | 200,000 | 77,328 | |
China SCE Group Holdings, Ltd. | 7.375 | 04-09-24 | 200,000 | 58,150 | |
CIFI Holdings Group Company, Ltd. | 6.000 | 07-16-25 | 200,000 | 102,221 | |
Country Garden Holdings Company, Ltd. | 3.125 | 10-22-25 | 200,000 | 95,971 | |
Country Garden Holdings Company, Ltd. | 5.625 | 01-14-30 | 350,000 | 151,845 | |
Greenland Global Investment, Ltd. | 6.750 | 03-03-24 | 400,000 | 148,000 | |
Hopson Development Holdings, Ltd. | 6.800 | 12-28-23 | 250,000 | 168,188 | |
KWG Group Holdings, Ltd. | 6.000 | 09-15-22 | 250,000 | 62,500 | |
Longfor Group Holdings, Ltd. | 3.950 | 09-16-29 | 200,000 | 144,182 | |
New Metro Global, Ltd. | 6.800 | 08-05-23 | 250,000 | 176,250 | |
New World China Land, Ltd. | 4.750 | 01-23-27 | 300,000 | 280,676 | |
NWD MTN, Ltd. | 3.750 | 01-14-31 | 200,000 | 154,540 | |
Powerlong Real Estate Holdings, Ltd. | 6.250 | 08-10-24 | 200,000 | 27,100 | |
Redsun Properties Group, Ltd. | 9.700 | 04-16-23 | 200,000 | 16,000 | |
RKPF Overseas 2019 A, Ltd. | 6.000 | 09-04-25 | 200,000 | 83,883 | |
Sunac China Holdings, Ltd. | 7.500 | 02-01-24 | 200,000 | 28,136 | |
Yanlord Land HK Company, Ltd. | 6.750 | 04-23-23 | 200,000 | 192,500 | |
Zhenro Properties Group, Ltd. (C) | 7.875 | 04-14-24 | 200,000 | 7,092 |
20 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities 3.2% | $3,994,402 | ||||
Electric utilities 1.8% | |||||
Duke Energy Corp. (3.250% to 1-15-27, then 5 Year CMT + 2.321%) | 3.250 | 01-15-82 | 490,000 | 391,504 | |
Edison International (5.000% to 12-15-26, then 5 Year CMT + 3.901%) (B) | 5.000 | 12-15-26 | 350,000 | 300,239 | |
Edison International (5.375% to 3-15-26, then 5 Year CMT + 4.698%) (B) | 5.375 | 03-15-26 | 300,000 | 268,500 | |
Light Servicos de Eletricidade SA (A) | 4.375 | 06-18-26 | 395,000 | 344,107 | |
NRG Energy, Inc. (A) | 3.375 | 02-15-29 | 100,000 | 82,148 | |
NRG Energy, Inc. (A) | 3.625 | 02-15-31 | 160,000 | 127,088 | |
Southern California Edison Company (3 month LIBOR + 4.199%) (B)(D) | 6.981 | 10-03-22 | 450,000 | 425,250 | |
Vistra Operations Company LLC (A) | 5.625 | 02-15-27 | 330,000 | 317,625 | |
Gas utilities 0.5% | |||||
AmeriGas Partners LP | 5.750 | 05-20-27 | 400,000 | 376,996 | |
Superior Plus LP (A) | 4.500 | 03-15-29 | 245,000 | 216,043 | |
Independent power and renewable electricity producers 0.7% | |||||
Adani Green Energy, Ltd. (A) | 4.375 | 09-08-24 | 200,000 | 179,100 | |
India Clean Energy Holdings (A) | 4.500 | 04-18-27 | 300,000 | 227,289 | |
JSW Hydro Energy, Ltd. (A) | 4.125 | 05-18-31 | 184,000 | 148,904 | |
Vistra Corp. (7.000% to 12-15-26, then 5 Year CMT + 5.740%) (A)(B) | 7.000 | 12-15-26 | 325,000 | 299,819 | |
Multi-utilities 0.2% | |||||
Sempra Energy (4.875% to 10-15-25, then 5 Year CMT + 4.550%) (B) | 4.875 | 10-15-25 | 300,000 | 289,790 | |
Capital preferred securities 0.2% | $264,646 | ||||
(Cost $292,200) | |||||
Financials 0.2% | 264,646 | ||||
Insurance 0.2% | |||||
MetLife Capital Trust IV (7.875% to 12-15-37, then 3 month LIBOR + 3.960%) (A) | 7.875 | 12-15-37 | 240,000 | 264,646 | |
Term loans (E) 1.3% | $1,589,631 | ||||
(Cost $1,687,956) | |||||
Communication services 0.4% | 454,808 | ||||
Interactive media and services 0.1% | |||||
Dotdash Meredith, Inc., Term Loan B (1 month SOFR + 4.000%) | 6.407 | 12-01-28 | 153,838 | 142,684 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 21 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Media 0.3% | |||||
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month LIBOR + 5.500%) | 8.024 | 09-01-27 | 330,000 | $312,124 | |
Health care 0.4% | 500,720 | ||||
Health care providers and services 0.2% | |||||
Cano Health LLC, 2022 Term Loan (1 month SOFR + 4.000%) | 6.555 | 11-23-27 | 228,775 | 215,049 | |
Mamba Purchaser, Inc., 2021 Term Loan (1 month LIBOR + 3.500%) | 5.868 | 10-16-28 | 99,750 | 97,256 | |
Pharmaceuticals 0.2% | |||||
Bausch Health Companies, Inc., 2022 Term Loan B (1 month SOFR + 5.250%) | 7.662 | 02-01-27 | 237,000 | 188,415 | |
Industrials 0.3% | 417,741 | ||||
Airlines 0.3% | |||||
AAdvantage Loyalty IP, Ltd., 2021 Term Loan (3 month LIBOR + 4.750%) | 7.460 | 04-20-28 | 425,000 | 417,741 | |
Information technology 0.2% | 216,362 | ||||
Software 0.2% | |||||
Ascend Learning LLC, 2021 Term Loan (1 month LIBOR + 3.500%) | 6.024 | 12-11-28 | 104,475 | 99,438 | |
Quest Software, Inc., 2022 Term Loan (3 month SOFR + 4.250%) | 5.780 | 02-01-29 | 129,000 | 116,924 | |
Collateralized mortgage obligations 0.3% | $411,456 | ||||
(Cost $410,202) | |||||
Commercial and residential 0.3% | 411,456 | ||||
BX Commercial Mortgage Trust | |||||
Series 2019-XL, Class F (1 month LIBOR + 2.000%) (A)(D) | 4.391 | 10-15-36 | 425,000 | 411,456 | |
Asset backed securities 0.9% | $1,111,643 | ||||
(Cost $1,231,646) | |||||
Asset backed securities 0.9% | 1,111,643 | ||||
Driven Brands Funding LLC | |||||
Series 2019-1A, Class A2 (A) | 4.641 | 04-20-49 | 525,925 | 500,061 | |
Jack in the Box Funding LLC | |||||
Series 2019-1A, Class A23 (A) | 4.970 | 08-25-49 | 123,125 | 115,020 | |
Sonic Capital LLC | |||||
Series 2020-1A, Class A2II (A) | 4.336 | 01-20-50 | 197,960 | 175,445 | |
VR Funding LLC | |||||
Series 2020-1A, Class A (A) | 2.790 | 11-15-50 | 357,324 | 321,117 | |
22 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Common stocks 30.9% | $38,439,064 | ||||
(Cost $38,687,471) | |||||
Communication services 4.0% | 4,959,180 | ||||
Diversified telecommunication services 2.6% | |||||
AT&T, Inc. | 10,833 | 190,011 | |||
BCE, Inc. | 4,578 | 220,926 | |||
Deutsche Telekom AG | 11,713 | 220,758 | |||
HKT Trust & HKT, Ltd. | 173,774 | 233,132 | |||
Koninklijke KPN NV | 69,019 | 219,625 | |||
Proximus SADP | 17,378 | 221,205 | |||
Spark New Zealand, Ltd. | 78,364 | 259,221 | |||
Swisscom AG | 423 | 218,704 | |||
Telefonica SA | 49,599 | 204,696 | |||
Telia Company AB | 60,331 | 212,349 | |||
Telstra Corp., Ltd. | 87,037 | 235,369 | |||
TELUS Corp. | 10,227 | 230,338 | |||
Verizon Communications, Inc. | 12,222 | 511,002 | |||
Media 1.1% | |||||
Comcast Corp., Class A | 13,548 | 490,302 | |||
Omnicom Group, Inc. | 7,707 | 515,598 | |||
The Interpublic Group of Companies, Inc. | 13,770 | 380,603 | |||
Wireless telecommunication services 0.3% | |||||
SoftBank Corp. | 21,200 | 232,421 | |||
Tele2 AB, B Shares | 15,298 | 162,920 | |||
Consumer discretionary 0.7% | 897,821 | ||||
Distributors 0.4% | |||||
Genuine Parts Company | 3,514 | 548,219 | |||
Hotels, restaurants and leisure 0.3% | |||||
Vail Resorts, Inc. | 1,556 | 349,602 | |||
Consumer staples 6.1% | 7,627,312 | ||||
Beverages 0.8% | |||||
PepsiCo, Inc. | 3,158 | 544,029 | |||
The Coca-Cola Company | 8,323 | 513,612 | |||
Food and staples retailing 0.4% | |||||
J Sainsbury PLC | 83,951 | 198,154 | |||
Sysco Corp. | 4,007 | 329,456 | |||
Food products 2.7% | |||||
Campbell Soup Company | 11,289 | 568,740 | |||
Conagra Brands, Inc. | 15,956 | 548,567 | |||
General Mills, Inc. | 7,266 | 558,029 | |||
Kellogg Company | 7,338 | 533,766 | |||
Mondelez International, Inc., Class A | 8,502 | 525,934 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 23 |
Shares | Value | ||||
Consumer staples (continued) | |||||
Food products (continued) | |||||
The J.M. Smucker Company | 4,031 | $564,300 | |||
Household products 1.6% | |||||
Colgate-Palmolive Company | 6,521 | 510,007 | |||
Kimberly-Clark Corp. | 3,992 | 509,060 | |||
The Clorox Company | 3,666 | 529,150 | |||
The Procter & Gamble Company | 3,675 | 506,930 | |||
Personal products 0.2% | |||||
Unilever PLC | 5,034 | 228,354 | |||
Tobacco 0.4% | |||||
British American Tobacco PLC | 5,670 | 227,099 | |||
Japan Tobacco, Inc. | 13,700 | 232,125 | |||
Energy 0.7% | 803,878 | ||||
Oil, gas and consumable fuels 0.7% | |||||
Chevron Corp. | 3,551 | 561,271 | |||
ENEOS Holdings, Inc. | 64,200 | 242,607 | |||
Financials 3.8% | 4,709,152 | ||||
Banks 1.8% | |||||
Bank Leumi Le-Israel BM | 10,205 | 107,879 | |||
BOC Hong Kong Holdings, Ltd. | 67,189 | 231,251 | |||
M&T Bank Corp. | 1,097 | 199,413 | |||
Oversea-Chinese Banking Corp., Ltd. | 28,700 | 247,369 | |||
The Bank of Nova Scotia | 3,869 | 213,931 | |||
The PNC Financial Services Group, Inc. | 3,201 | 505,758 | |||
U.S. Bancorp | 11,345 | 517,445 | |||
United Overseas Bank, Ltd. | 11,800 | 230,094 | |||
Capital markets 0.3% | |||||
Daiwa Securities Group, Inc. | 49,545 | 216,275 | |||
Nomura Holdings, Inc. | 23,800 | 86,177 | |||
Diversified financial services 0.2% | |||||
Mitsubishi HC Capital, Inc. | 48,600 | 235,529 | |||
Insurance 1.5% | |||||
Cincinnati Financial Corp. | 1,986 | 192,563 | |||
Erie Indemnity Company, Class A | 2,571 | 552,585 | |||
Everest Re Group, Ltd. | 759 | 204,209 | |||
MS&AD Insurance Group Holdings, Inc. | 8,000 | 238,687 | |||
Sompo Holdings, Inc. | 4,800 | 205,806 | |||
The Allstate Corp. | 2,335 | 281,368 | |||
Zurich Insurance Group AG | 547 | 242,813 |
24 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Health care 4.3% | $5,396,745 | ||||
Biotechnology 1.3% | |||||
AbbVie, Inc. | 3,914 | 526,276 | |||
Amgen, Inc. | 2,171 | 521,691 | |||
Gilead Sciences, Inc. | 8,543 | 542,224 | |||
Health care equipment and supplies 0.4% | |||||
Medtronic PLC | 5,850 | 514,332 | |||
Health care providers and services 0.4% | |||||
Cardinal Health, Inc. | 7,959 | 562,860 | |||
Pharmaceuticals 2.2% | |||||
Bristol-Myers Squibb Company | 7,471 | 503,620 | |||
Euroapi SA (F) | 117 | 1,824 | |||
GSK PLC | 13,863 | 221,600 | |||
Johnson & Johnson | 3,352 | 540,812 | |||
Merck & Company, Inc. | 6,147 | 524,708 | |||
Orion OYJ, Class B | 4,376 | 198,408 | |||
Pfizer, Inc. | 11,192 | 506,214 | |||
Takeda Pharmaceutical Company, Ltd. | 8,400 | 232,176 | |||
Industrials 2.1% | 2,659,639 | ||||
Air freight and logistics 0.4% | |||||
United Parcel Service, Inc., Class B | 2,704 | 525,955 | |||
Building products 0.1% | |||||
Xinyi Glass Holdings, Ltd. | 77,756 | 143,607 | |||
Industrial conglomerates 0.6% | |||||
3M Company | 3,778 | 469,794 | |||
CK Hutchison Holdings, Ltd. | 34,127 | 220,380 | |||
Machinery 0.8% | |||||
Cummins, Inc. | 2,412 | 519,472 | |||
Illinois Tool Works, Inc. | 2,599 | 506,363 | |||
Marine 0.1% | |||||
SITC International Holdings Company, Ltd. | 72,579 | 184,048 | |||
Trading companies and distributors 0.1% | |||||
Sumitomo Corp. | 6,400 | 90,020 | |||
Information technology 3.1% | 3,840,896 | ||||
Communications equipment 0.5% | |||||
Cisco Systems, Inc. | 12,267 | 548,580 | |||
Electronic equipment, instruments and components 0.2% | |||||
Venture Corp., Ltd. | 19,300 | 252,151 | |||
IT services 0.9% | |||||
IBM Corp. | 4,119 | 529,086 | |||
Paychex, Inc. | 3,467 | 427,620 | |||
The Western Union Company | 12,686 | 188,007 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 25 |
Shares | Value | ||||
Information technology (continued) | |||||
Semiconductors and semiconductor equipment 1.1% | |||||
Broadcom, Inc. | 934 | $466,169 | |||
Intel Corp. | 14,130 | 451,030 | |||
Texas Instruments, Inc. | 3,016 | 498,273 | |||
Software 0.2% | |||||
Oracle Corp. Japan | 3,800 | 226,371 | |||
Technology hardware, storage and peripherals 0.2% | |||||
NetApp, Inc. | 3,516 | 253,609 | |||
Materials 0.9% | 1,072,780 | ||||
Chemicals 0.8% | |||||
Air Products & Chemicals, Inc. | 2,031 | 512,726 | |||
Sumitomo Chemical Company, Ltd. | 57,400 | 225,945 | |||
Tosoh Corp. | 18,000 | 232,737 | |||
Construction materials 0.1% | |||||
Holcim, Ltd. (F) | 2,287 | 101,372 | |||
Real estate 0.5% | 668,463 | ||||
Equity real estate investment trusts 0.3% | |||||
Ascendas Real Estate Investment Trust | 112,600 | 226,935 | |||
Mapletree Logistics Trust | 188,400 | 224,732 | |||
Real estate management and development 0.2% | |||||
CK Asset Holdings, Ltd. | 32,119 | 216,796 | |||
Utilities 4.7% | 5,803,198 | ||||
Electric utilities 1.3% | |||||
Alliant Energy Corp. | 5,865 | 358,000 | |||
CK Infrastructure Holdings, Ltd. | 34,819 | 211,735 | |||
CLP Holdings, Ltd. | 24,538 | 211,427 | |||
Endesa SA | 12,806 | 219,649 | |||
Power Assets Holdings, Ltd. | 35,535 | 212,542 | |||
Red Electrica Corp. SA | 11,658 | 213,141 | |||
The Kansai Electric Power Company, Inc. | 22,500 | 218,062 | |||
Gas utilities 0.7% | |||||
Atmos Energy Corp. | 3,965 | 449,552 | |||
Enagas SA | 10,634 | 194,178 | |||
Snam SpA | 45,963 | 218,458 | |||
Multi-utilities 2.7% | |||||
Algonquin Power & Utilities Corp. | 16,000 | 713,264 | |||
Ameren Corp. | 5,810 | 538,122 | |||
Canadian Utilities, Ltd., Class A (G) | 7,711 | 235,907 | |||
CMS Energy Corp. | 8,079 | 545,656 | |||
Dominion Energy, Inc. | 6,668 | 545,442 |
26 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Utilities (continued) | |||||
Multi-utilities (continued) | |||||
National Grid PLC | 13,394 | $166,780 | |||
WEC Energy Group, Inc. | 5,345 | 551,283 | |||
Preferred securities 3.6% | $4,481,810 | ||||
(Cost $4,679,853) | |||||
Communication services 0.3% | 438,121 | ||||
Wireless telecommunication services 0.3% | |||||
Telephone & Data Systems, Inc., 6.625% | 20,125 | 438,121 | |||
Consumer discretionary 0.1% | 144,225 | ||||
Internet and direct marketing retail 0.1% | |||||
Qurate Retail, Inc., 8.000% | 2,500 | 144,225 | |||
Financials 0.6% | 709,701 | ||||
Banks 0.6% | |||||
PacWest Bancorp, 7.750% (7.750% to 9-1-27, then 5 Year CMT + 4.820%) | 17,675 | 448,061 | |||
Wells Fargo & Company, 7.500% | 211 | 261,640 | |||
Industrials 0.1% | 158,777 | ||||
Trading companies and distributors 0.1% | |||||
Fortress Transportation and Infrastructure Investors LLC, 8.250% (8.250% 6-15-26, then 5 Year CMT + 7.378%) | 6,725 | 158,777 | |||
Real estate 0.2% | 223,379 | ||||
Equity real estate investment trusts 0.2% | |||||
Pebblebrook Hotel Trust, 6.375% | 10,275 | 223,379 | |||
Utilities 2.3% | 2,807,607 | ||||
Electric utilities 0.7% | |||||
American Electric Power Company, Inc., 6.125% | 5,291 | 291,587 | |||
NextEra Energy, Inc., 6.219% | 6,124 | 320,714 | |||
SCE Trust VI, 5.000% | 10,564 | 203,357 | |||
Gas utilities 0.6% | |||||
Spire, Inc., 7.500% | 7,643 | 381,844 | |||
UGI Corp., 7.250% | 4,500 | 409,500 | |||
Independent power and renewable electricity producers 0.7% | |||||
The AES Corp., 6.875% | 9,100 | 882,973 | |||
Multi-utilities 0.3% | |||||
NiSource, Inc., 7.750% | 2,800 | 317,632 | |||
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 27 |
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 6.5% | $8,166,447 | ||||
(Cost $8,183,229) | |||||
Commercial paper 0.6% | 748,253 | ||||
Apple, Inc. | 2.330 | 10-06-22 | 750,000 | 748,253 | |
U.S. Government 2.0% | 2,481,858 | ||||
U.S. Treasury Bill (H) | 0.242 | 12-01-22 | 2,500,000 | 2,481,858 |
Yield (%) | Shares | Value | |||
Short-term funds 3.9% | 4,936,336 | ||||
John Hancock Collateral Trust (I) | 2.3160(J) | 493,771 | 4,934,448 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 2.2409(J) | 1,888 | 1,888 |
Total investments (Cost $136,963,864) 99.4% | $123,718,479 | ||||
Other assets and liabilities, net 0.6% | 687,543 | ||||
Total net assets 100.0% | $124,406,022 |
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. | |
Currency Abbreviations | |
BRL | Brazilian Real |
EUR | Euro |
MXN | Mexican Peso |
Security Abbreviations and Legend | |
CMT | Constant Maturity Treasury |
ICE | Intercontinental Exchange |
LIBOR | London Interbank Offered Rate |
SOFR | Secured Overnight Financing Rate |
(A) | These securities are 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. Rule 144A securities amounted to $43,927,408 or 35.3% of the fund’s net assets as of 8-31-22. |
(B) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(C) | Non-income producing - Issuer is in default. |
(D) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(E) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(F) | Non-income producing security. |
(G) | All or a portion of this security is on loan as of 8-31-22. |
(H) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
(I) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Cash collateral received for securities lending amounted to $225,113. |
(J) | The rate shown is the annualized seven-day yield as of 8-31-22. |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
28 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
EUR | 780,000 | USD | 784,765 | MSCS | 9/21/2022 | $73 | — |
USD | 1,514,726 | EUR | 1,499,325 | SSB | 9/21/2022 | 6,102 | — |
USD | 848,691 | EUR | 820,000 | TD | 9/21/2022 | 23,605 | — |
USD | 17,250 | MXN | 350,000 | JPM | 9/21/2022 | — | $(61) |
USD | 520,239 | MXN | 10,990,000 | MSCS | 9/21/2022 | — | (23,313) |
$29,780 | $(23,374) |
Options on securities | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls | ||||||||
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 41.50 | Sep 2022 | 28 | 2,800 | $727 | $(140) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 42.50 | Sep 2022 | 27 | 2,700 | 377 | (716) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 41.00 | Sep 2022 | 19 | 1,900 | 455 | (276) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 41.50 | Sep 2022 | 25 | 2,500 | 744 | (400) |
Exchange-traded | iShares MSCI Japan ETF | USD | 57.00 | Sep 2022 | 12 | 1,200 | 540 | (168) |
Exchange-traded | iShares MSCI Japan ETF | USD | 59.00 | Sep 2022 | 13 | 1,300 | 338 | (150) |
Exchange-traded | iShares MSCI Japan ETF | USD | 57.00 | Sep 2022 | 18 | 1,800 | 647 | (81) |
Exchange-traded | iShares MSCI Japan ETF | USD | 55.50 | Sep 2022 | 19 | 1,900 | 949 | (665) |
$4,777 | $(2,596) | |||||||
Puts | ||||||||
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 40.00 | Sep 2022 | 50 | 5,000 | $3,148 | $(3,475) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 40.50 | Sep 2022 | 50 | 5,000 | 2,977 | (6,050) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 39.50 | Sep 2022 | 51 | 5,100 | 3,572 | (3,519) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 29 |
Options on securities (continued) | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Puts (continued) | ||||||||
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 40.00 | Sep 2022 | 51 | 5,100 | $4,043 | $(5,687) |
Exchange-traded | iShares MSCI Japan ETF | USD | 56.00 | Sep 2022 | 15 | 1,500 | 1,530 | (3,525) |
Exchange-traded | iShares MSCI Japan ETF | USD | 57.00 | Sep 2022 | 14 | 1,400 | 1,147 | (4,865) |
Exchange-traded | iShares MSCI Japan ETF | USD | 55.00 | Sep 2022 | 15 | 1,500 | 1,275 | (2,528) |
Exchange-traded | iShares MSCI Japan ETF | USD | 54.00 | Sep 2022 | 15 | 1,500 | 1,665 | (1,845) |
$19,357 | $(31,494) | |||||||
$24,134 | $(34,090) |
Options on index | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls | ||||||||
CITI | FTSE 100 Index | GBP | 7,600.00 | Sep 2022 | 4 | 4 | $121 | — |
GSI | FTSE 100 Index | GBP | 7,575.00 | Sep 2022 | 1 | 1 | 69 | $(69) |
MSI | FTSE 100 Index | GBP | 7,600.00 | Sep 2022 | 5 | 5 | 235 | (10) |
$425 | $(79) | |||||||
Exchange-traded | EURO STOXX 50 Index | EUR | 3,850.00 | Sep 2022 | 2 | 20 | 625 | (2) |
Exchange-traded | EURO STOXX 50 Index | EUR | 3,875.00 | Sep 2022 | 2 | 20 | 516 | (7) |
Exchange-traded | EURO STOXX 50 Index | EUR | 3,800.00 | Sep 2022 | 3 | 30 | 849 | (93) |
Exchange-traded | EURO STOXX 50 Index | EUR | 3,700.00 | Sep 2022 | 3 | 30 | 1,055 | (547) |
Exchange-traded | FTSE 100 Index | GBP | 7,700.00 | Sep 2022 | 1 | 10 | 469 | (38) |
Exchange-traded | S&P 500 Index | USD | 4,275.00 | Sep 2022 | 3 | 300 | 10,660 | (8) |
Exchange-traded | S&P 500 Index | USD | 4,375.00 | Sep 2022 | 3 | 300 | 10,238 | (30) |
Exchange-traded | S&P 500 Index | USD | 4,190.00 | Sep 2022 | 3 | 300 | 10,442 | (4,080) |
$34,854 | $(4,805) | |||||||
Puts | ||||||||
CITI | FTSE 100 Index | GBP | 7,475.00 | Sep 2022 | 6 | 6 | $846 | $(1,368) |
GSI | FTSE 100 Index | GBP | 7,425.00 | Sep 2022 | 6 | 6 | 837 | (834) |
MSI | FTSE 100 Index | GBP | 7,450.00 | Sep 2022 | 6 | 6 | 745 | (1,284) |
$2,428 | $(3,486) |
30 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Options on index (continued) | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Exchange-traded | EURO STOXX 50 Index | EUR | 3,775.00 | Sep 2022 | 4 | 40 | $3,143 | $(10,275) |
Exchange-traded | EURO STOXX 50 Index | EUR | 3,775.00 | Sep 2022 | 4 | 40 | 2,976 | (10,349) |
Exchange-traded | EURO STOXX 50 Index | EUR | 3,650.00 | Sep 2022 | 4 | 40 | 3,251 | (6,174) |
Exchange-traded | EURO STOXX 50 Index | EUR | 3,550.00 | Sep 2022 | 4 | 40 | 3,394 | (4,231) |
Exchange-traded | FTSE 100 Index | GBP | 7,525.00 | Sep 2022 | 1 | 10 | 1,387 | (3,067) |
Exchange-traded | S&P 500 Index | USD | 4,175.00 | Sep 2022 | 2 | 200 | 16,338 | (43,650) |
Exchange-traded | S&P 500 Index | USD | 4,265.00 | Sep 2022 | 2 | 200 | 14,998 | (61,500) |
Exchange-traded | S&P 500 Index | USD | 4,160.00 | Sep 2022 | 2 | 200 | 16,404 | (42,340) |
Exchange-traded | S&P 500 Index | USD | 4,035.00 | Sep 2022 | 2 | 200 | 20,299 | (26,570) |
$82,190 | $(208,156) | |||||||
$119,897 | $(216,526) |
Derivatives Currency Abbreviations | |
EUR | Euro |
GBP | Pound Sterling |
MXN | Mexican Peso |
USD | U.S. Dollar |
Derivatives Abbreviations | |
CITI | Citibank, N.A. |
GSI | Goldman Sachs International |
JPM | JPMorgan Chase Bank, N.A. |
MSCS | Morgan Stanley Capital Services LLC |
MSI | Morgan Stanley & Co. International PLC |
OTC | Over-the-counter |
SSB | State Street Bank and Trust Company |
TD | The Toronto-Dominion Bank |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 31 |
Assets | |
Unaffiliated investments, at value (Cost $132,029,295) including $204,931 of securities loaned | $118,784,031 |
Affiliated investments, at value (Cost $4,934,569) | 4,934,448 |
Total investments, at value (Cost $136,963,864) | 123,718,479 |
Unrealized appreciation on forward foreign currency contracts | 29,780 |
Cash | 19,397 |
Foreign currency, at value (Cost $275,035) | 260,462 |
Dividends and interest receivable | 1,406,346 |
Receivable for fund shares sold | 10,221 |
Receivable for investments sold | 30,069 |
Receivable for securities lending income | 204 |
Receivable from affiliates | 2,129 |
Other assets | 22,435 |
Total assets | 125,499,522 |
Liabilities | |
Unrealized depreciation on forward foreign currency contracts | 23,374 |
Written options, at value (Premiums received $144,031) | 250,616 |
Payable for investments purchased | 470,028 |
Payable for fund shares repurchased | 36,908 |
Payable upon return of securities loaned | 225,187 |
Payable to affiliates | |
Accounting and legal services fees | 4,485 |
Transfer agent fees | 619 |
Trustees’ fees | 113 |
Other liabilities and accrued expenses | 82,170 |
Total liabilities | 1,093,500 |
Net assets | $124,406,022 |
Net assets consist of | |
Paid-in capital | $140,916,382 |
Total distributable earnings (loss) | (16,510,360) |
Net assets | $124,406,022 |
32 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT | 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 ($3,968,236 ÷ 458,866 shares)1 | $8.65 |
Class C ($630,538 ÷ 73,306 shares)1 | $8.60 |
Class I ($1,002,408 ÷ 115,725 shares) | $8.66 |
Class R6 ($963,535 ÷ 111,154 shares) | $8.67 |
Class NAV ($117,841,305 ÷ 12,922,410 shares) | $9.12 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95.5%)2 | $9.06 |
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 | ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 33 |
Investment income | |
Interest | $5,037,508 |
Dividends | 2,087,449 |
Dividends from affiliated investments | 6,356 |
Securities lending | 7,288 |
Less foreign taxes withheld | (65,344) |
Total investment income | 7,073,257 |
Expenses | |
Investment management fees | 598,383 |
Distribution and service fees | 17,337 |
Accounting and legal services fees | 20,733 |
Transfer agent fees | 6,593 |
Trustees’ fees | 2,475 |
Custodian fees | 36,582 |
State registration fees | 62,482 |
Printing and postage | 21,308 |
Professional fees | 74,792 |
Other | 19,887 |
Total expenses | 860,572 |
Less expense reductions | (95,143) |
Net expenses | 765,429 |
Net investment income | 6,307,828 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 1,894,666 |
Affiliated investments | (121) |
Capital gain distributions received from affiliated investments | 19 |
Forward foreign currency contracts | 136,435 |
Written options | 54,583 |
2,085,582 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (21,147,960) |
Affiliated investments | (121) |
Forward foreign currency contracts | 5,098 |
Written options | (145,634) |
(21,288,617) | |
Net realized and unrealized loss | (19,203,035) |
Decrease in net assets from operations | $(12,895,207) |
34 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $6,307,828 | $6,137,772 |
Net realized gain | 2,085,582 | 8,622,921 |
Change in net unrealized appreciation (depreciation) | (21,288,617) | 4,064,233 |
Increase (decrease) in net assets resulting from operations | (12,895,207) | 18,824,926 |
Distributions to shareholders | ||
From earnings | ||
Class A | (432,946) | (245,069) |
Class C | (61,711) | (30,477) |
Class I | (61,703) | (26,789) |
Class R6 | (71,967) | (19,571) |
Class NAV | (13,698,738) | (8,113,451) |
Total distributions | (14,327,065) | (8,435,357) |
From fund share transactions | (5,489,729) | (1,548,975) |
Total increase (decrease) | (32,712,001) | 8,840,594 |
Net assets | ||
Beginning of year | 157,118,023 | 148,277,429 |
End of year | $124,406,022 | $157,118,023 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 35 |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $10.52 | $9.86 | $9.88 | $9.67 | $9.93 |
Net investment income1 | 0.39 | 0.37 | 0.30 | 0.31 | 0.32 |
Net realized and unrealized gain (loss) on investments | (1.28) | 0.84 | (0.11) | 0.21 | (0.24) |
Total from investment operations | (0.89) | 1.21 | 0.19 | 0.52 | 0.08 |
Less distributions | |||||
From net investment income | (0.44) | (0.47) | (0.21) | (0.31) | (0.34) |
From net realized gain | (0.54) | (0.08) | — | — | —2 |
Total distributions | (0.98) | (0.55) | (0.21) | (0.31) | (0.34) |
Net asset value, end of period | $8.65 | $10.52 | $9.86 | $9.88 | $9.67 |
Total return (%)3,4 | (9.20) | 12.67 | 1.96 | 5.52 | 0.80 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $4 | $5 | $5 | $5 | $5 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.95 | 1.00 | 1.595 | 3.885 | 2.285 |
Expenses including reductions | 0.89 | 0.89 | 0.905 | 0.625 | 0.625 |
Net investment income | 4.09 | 3.62 | 2.98 | 3.20 | 3.26 |
Portfolio turnover (%) | 55 | 79 | 42 | 29 | 50 |
1 | Based on average daily shares outstanding. |
2 | Less than $0.005 per share. |
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 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
36 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $10.47 | $9.81 | $9.85 | $9.64 | $9.90 |
Net investment income1 | 0.32 | 0.29 | 0.23 | 0.24 | 0.25 |
Net realized and unrealized gain (loss) on investments | (1.28) | 0.84 | (0.11) | 0.21 | (0.24) |
Total from investment operations | (0.96) | 1.13 | 0.12 | 0.45 | 0.01 |
Less distributions | |||||
From net investment income | (0.37) | (0.39) | (0.16) | (0.24) | (0.27) |
From net realized gain | (0.54) | (0.08) | — | — | —2 |
Total distributions | (0.91) | (0.47) | (0.16) | (0.24) | (0.27) |
Net asset value, end of period | $8.60 | $10.47 | $9.81 | $9.85 | $9.64 |
Total return (%)3,4 | (9.88) | 11.75 | 1.24 | 4.80 | 0.09 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $1 | $1 | $1 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.70 | 1.75 | 2.305 | 4.585 | 2.985 |
Expenses including reductions | 1.64 | 1.64 | 1.625 | 1.325 | 1.325 |
Net investment income | 3.35 | 2.87 | 2.27 | 2.51 | 2.54 |
Portfolio turnover (%) | 55 | 79 | 42 | 29 | 50 |
1 | Based on average daily shares outstanding. |
2 | Less than $0.005 per share. |
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 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 37 |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $10.54 | $9.88 | $9.89 | $9.67 | $9.93 |
Net investment income1 | 0.42 | 0.40 | 0.33 | 0.34 | 0.36 |
Net realized and unrealized gain (loss) on investments | (1.29) | 0.83 | (0.11) | 0.22 | (0.25) |
Total from investment operations | (0.87) | 1.23 | 0.22 | 0.56 | 0.11 |
Less distributions | |||||
From net investment income | (0.47) | (0.49) | (0.23) | (0.34) | (0.37) |
From net realized gain | (0.54) | (0.08) | — | — | —2 |
Total distributions | (1.01) | (0.57) | (0.23) | (0.34) | (0.37) |
Net asset value, end of period | $8.66 | $10.54 | $9.88 | $9.89 | $9.67 |
Total return (%)3 | (8.96) | 12.83 | 2.28 | 5.94 | 1.11 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $—4 | $—4 | $—4 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.70 | 0.75 | 1.305 | 3.605 | 1.985 |
Expenses including reductions | 0.64 | 0.64 | 0.625 | 0.345 | 0.325 |
Net investment income | 4.50 | 3.87 | 3.29 | 3.50 | 3.59 |
Portfolio turnover (%) | 55 | 79 | 42 | 29 | 50 |
1 | Based on average daily shares outstanding. |
2 | Less than $0.005 per share. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Less than $500,000. |
5 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
38 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $10.55 | $9.89 | $9.89 | $9.68 | $9.94 |
Net investment income1 | 0.43 | 0.41 | 0.35 | 0.34 | 0.37 |
Net realized and unrealized gain (loss) on investments | (1.29) | 0.84 | (0.11) | 0.22 | (0.25) |
Total from investment operations | (0.86) | 1.25 | 0.24 | 0.56 | 0.12 |
Less distributions | |||||
From net investment income | (0.48) | (0.51) | (0.24) | (0.35) | (0.38) |
From net realized gain | (0.54) | (0.08) | — | — | —2 |
Total distributions | (1.02) | (0.59) | (0.24) | (0.35) | (0.38) |
Net asset value, end of period | $8.67 | $10.55 | $9.89 | $9.89 | $9.68 |
Total return (%)3 | (8.85) | 12.95 | 2.46 | 5.94 | 1.20 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $—4 | $—4 | $—4 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.60 | 0.65 | 1.195 | 3.485 | 1.885 |
Expenses including reductions | 0.53 | 0.53 | 0.505 | 0.225 | 0.225 |
Net investment income | 4.60 | 3.99 | 3.45 | 3.53 | 3.69 |
Portfolio turnover (%) | 55 | 79 | 42 | 29 | 50 |
1 | Based on average daily shares outstanding. |
2 | Less than $0.005 per share. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Less than $500,000. |
5 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 39 |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-201 |
Per share operating performance | |||
Net asset value, beginning of period | $11.04 | $10.32 | $10.00 |
Net investment income2 | 0.45 | 0.43 | 0.09 |
Net realized and unrealized gain (loss) on investments | (1.35) | 0.88 | 0.28 |
Total from investment operations | (0.90) | 1.31 | 0.37 |
Less distributions | |||
From net investment income | (0.48) | (0.51) | (0.05) |
From net realized gain | (0.54) | (0.08) | — |
Total distributions | (1.02) | (0.59) | (0.05) |
Net asset value, end of period | $9.12 | $11.04 | $10.32 |
Total return (%)3 | (8.81) | 13.00 | 3.674 |
Ratios and supplemental data | |||
Net assets, end of period (in millions) | $118 | $151 | $142 |
Ratios (as a percentage of average net assets): | |||
Expenses before reductions | 0.59 | 0.64 | 1.175 |
Expenses including reductions | 0.52 | 0.52 | 0.495 |
Net investment income | 4.44 | 3.98 | 3.775 |
Portfolio turnover (%) | 55 | 79 | 426 |
1 | The inception date for Class NAV shares is 6-4-20. |
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. |
6 | The portfolio turnover is shown for the period from 9-1-19 to 8-31-20. |
40 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 41 |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Foreign government obligations | $683,329 | — | $683,329 | — |
Corporate bonds | 68,570,453 | — | 68,570,453 | — |
Capital preferred securities | 264,646 | — | 264,646 | — |
Term loans | 1,589,631 | — | 1,589,631 | — |
Collateralized mortgage obligations | 411,456 | — | 411,456 | — |
Asset backed securities | 1,111,643 | — | 1,111,643 | — |
Common stocks | 38,439,064 | $27,983,371 | 10,455,693 | — |
Preferred securities | 4,481,810 | 3,216,993 | 1,264,817 | — |
Short-term investments | 8,166,447 | 4,936,336 | 3,230,111 | — |
Total investments in securities | $123,718,479 | $36,136,700 | $87,581,779 | — |
Derivatives: | ||||
Assets | ||||
Forward foreign currency contracts | $29,780 | — | $29,780 | — |
Liabilities |
42 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Forward foreign currency contracts | $(23,374) | — | $(23,374) | — |
Written options | (250,616) | $(247,051) | (3,565) | — |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 43 |
44 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $12,311,155 | $8,435,357 |
Long-term capital gains | 2,015,910 | — |
Total | $14,327,065 | $8,435,357 |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 45 |
46 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Currency | Unrealized appreciation (depreciation) on forward foreign currency contracts | Forward foreign currency contracts | $29,780 | $(23,374) |
Equity | Written options, at value | Written options | — | (250,616) |
$29,780 | $(273,990) |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 47 |
Statement of operations location - Net realized gain (loss) on: | |||
Risk | Forward foreign currency contracts | Written options | Total |
Currency | $136,435 | — | $136,435 |
Equity | — | $54,583 | 54,583 |
Total | $136,435 | $54,583 | $191,018 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |||
Risk | Forward foreign currency contracts | Written options | Total |
Currency | $5,098 | — | $5,098 |
Equity | — | $(145,634) | (145,634) |
Total | $5,098 | $(145,634) | $(140,536) |
48 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
First $5.0 billion of net assets | Excess over $5.0 billion of net assets | |
Assets in a fund of the Trust or JHF III | 0.200% | 0.175% |
First $1.5 billion of net assets | Excess over $1.5 billion of net assets | |
Other assets | 0.420% | 0.410% |
Class | Expense reduction |
Class A | $2,837 |
Class C | 440 |
Class I | 385 |
Class | Expense reduction |
Class R6 | $470 |
Class NAV | 91,011 |
Total | $95,143 |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 49 |
Class | Rule 12b-1 Fee |
Class A | 0.25% |
Class C | 1.00% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $10,686 | $4,951 |
Class C | 6,651 | 771 |
Class I | — | 799 |
Class R6 | — | 72 |
Total | $17,337 | $6,593 |
50 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 84,515 | $797,434 | 38,590 | $399,522 |
Distributions reinvested | 44,546 | 427,604 | 23,785 | 242,236 |
Repurchased | (101,284) | (946,473) | (117,117) | (1,188,239) |
Net increase (decrease) | 27,777 | $278,565 | (54,742) | $(546,481) |
Class C shares | ||||
Sold | 4,420 | $43,124 | 14,400 | $149,217 |
Distributions reinvested | 6,442 | 61,530 | 2,963 | 30,024 |
Repurchased | (6,834) | (69,055) | (19,117) | (195,590) |
Net increase (decrease) | 4,028 | $35,599 | (1,754) | $(16,349) |
Class I shares | ||||
Sold | 99,588 | $908,217 | 1,315 | $13,675 |
Distributions reinvested | 6,523 | 61,703 | 2,625 | 26,789 |
Repurchased | (38,443) | (349,159) | (3,395) | (34,057) |
Net increase | 67,668 | $620,761 | 545 | $6,407 |
Class R6 shares | ||||
Sold | 61,171 | $580,751 | 35,785 | $363,043 |
Distributions reinvested | 7,568 | 71,967 | 1,902 | 19,571 |
Repurchased | (11,444) | (113,071) | (8,950) | (88,928) |
Net increase | 57,295 | $539,647 | 28,737 | $293,686 |
Class NAV shares | ||||
Sold | 180,242 | $1,715,000 | 204,291 | $2,176,352 |
Distributions reinvested | 1,354,715 | 13,698,738 | 759,701 | 8,113,451 |
Repurchased | (2,266,769) | (22,378,039) | (1,071,943) | (11,576,041) |
Net decrease | (731,812) | $(6,964,301) | (107,951) | $(1,286,238) |
Total net decrease | (575,044) | $(5,489,729) | (135,165) | $(1,548,975) |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 51 |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 33.4% |
John Hancock Funds II Multimanager Lifestyle Conservative Portfolio | 31.8% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 29.5% |
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* | 493,771 | — | $10,330,239 | $(5,395,549) | $(121) | $(121) | $13,644 | $19 | $4,934,448 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
52 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 53 |
54 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 55 |
56 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 57 |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
58 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 59 |
(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 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 certain 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 Trust (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. |
60 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that 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. |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 61 |
62 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 63 |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
64 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 65 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
66 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 67 |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
68 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Geoffrey Kelley, CFA
Caryn E. Rothman, CFA
Nathan W. Thooft, CFA
Christopher Walsh, CFA
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 69 |
GOVERNANCE FUNDS
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MF2406948 | 448A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 1 |
2 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
ChemoCentryx, Inc. | 3.2 |
Paylocity Holding Corp. | 3.0 |
Ritchie Brothers Auctioneers, Inc. | 2.4 |
RBC Bearings, Inc. | 2.2 |
Magnolia Oil & Gas Corp., Class A | 2.0 |
Fox Factory Holding Corp. | 2.0 |
Avient Corp. | 1.9 |
MACOM Technology Solutions Holdings, Inc. | 1.9 |
Novanta, Inc. | 1.9 |
SiteOne Landscape Supply, Inc. | 1.8 |
TOTAL | 22.3 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A1 | -24.39 | 5.41 | 8.61 | 30.15 | 128.41 |
Class C1 | -21.72 | 5.73 | 8.60 | 32.11 | 128.16 |
Class I1,2 | -20.21 | 6.80 | 9.39 | 38.92 | 145.44 |
Class R21,2 | -20.44 | 6.54 | 9.22 | 37.26 | 141.49 |
Class R41,2 | -20.28 | 6.73 | 9.34 | 38.46 | 144.34 |
Class R61,2 | -20.14 | 6.90 | 9.47 | 39.59 | 147.07 |
Class 12 | -20.16 | 6.86 | 9.43 | 39.31 | 146.19 |
Index† | -25.26 | 6.69 | 10.16 | 38.26 | 163.25 |
Class A | Class C | Class I | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.20 | 1.95 | 0.95 | 1.34 | 1.19 | 0.84 | 0.88 |
Net (%) | 1.19 | 1.94 | 0.94 | 1.33 | 1.08 | 0.83 | 0.87 |
6 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 8-31-12 | 22,816 | 22,816 | 26,325 |
Class I1,2 | 8-31-12 | 24,544 | 24,544 | 26,325 |
Class R21,2 | 8-31-12 | 24,149 | 24,149 | 26,325 |
Class R41,2 | 8-31-12 | 24,434 | 24,434 | 26,325 |
Class R61,2 | 8-31-12 | 24,707 | 24,707 | 26,325 |
Class 12 | 8-31-12 | 24,619 | 24,619 | 26,325 |
1 | Class A, Class C, Class I, Class R2, Class R4, and Class R6 shares were first offered on 5-27-15. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. Class NAV shares ceased operations on 3-13-19. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 7 |
8 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $883.40 | $5.74 | 1.21% |
Hypothetical example | 1,000.00 | 1,019.10 | 6.16 | 1.21% | |
Class C | Actual expenses/actual returns | 1,000.00 | 880.00 | 9.24 | 1.95% |
Hypothetical example | 1,000.00 | 1,015.40 | 9.91 | 1.95% | |
Class I | Actual expenses/actual returns | 1,000.00 | 884.50 | 4.56 | 0.96% |
Hypothetical example | 1,000.00 | 1,020.40 | 4.89 | 0.96% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 882.90 | 5.88 | 1.24% |
Hypothetical example | 1,000.00 | 1,019.00 | 6.31 | 1.24% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 884.00 | 4.89 | 1.03% |
Hypothetical example | 1,000.00 | 1,020.00 | 5.24 | 1.03% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 884.80 | 4.04 | 0.85% |
Hypothetical example | 1,000.00 | 1,020.90 | 4.33 | 0.85% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 884.80 | 4.18 | 0.88% |
Hypothetical example | 1,000.00 | 1,020.80 | 4.48 | 0.88% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 9 |
Shares | Value | ||||
Common stocks 98.1% | $289,548,487 | ||||
(Cost $236,339,831) | |||||
Consumer discretionary 14.0% | 41,449,187 | ||||
Auto components 2.8% | |||||
Dorman Products, Inc. (A) | 27,152 | 2,461,329 | |||
Fox Factory Holding Corp. (A) | 62,521 | 5,827,582 | |||
Diversified consumer services 1.6% | |||||
Grand Canyon Education, Inc. (A) | 58,094 | 4,727,690 | |||
Hotels, restaurants and leisure 3.3% | |||||
Churchill Downs, Inc. | 23,369 | 4,605,796 | |||
Chuy’s Holdings, Inc. (A) | 133,408 | 2,979,001 | |||
Krispy Kreme, Inc. | 198,885 | 2,336,899 | |||
Household durables 1.0% | |||||
TopBuild Corp. (A) | 15,757 | 2,895,506 | |||
Internet and direct marketing retail 1.1% | |||||
Revolve Group, Inc. (A) | 141,750 | 3,329,708 | |||
Specialty retail 3.1% | |||||
Five Below, Inc. (A) | 35,500 | 4,539,740 | |||
Lithia Motors, Inc. | 16,987 | 4,509,029 | |||
Textiles, apparel and luxury goods 1.1% | |||||
Oxford Industries, Inc. | 30,328 | 3,236,907 | |||
Consumer staples 1.9% | 5,687,016 | ||||
Food and staples retailing 1.9% | |||||
Performance Food Group Company (A) | 83,199 | 4,158,286 | |||
PriceSmart, Inc. | 24,162 | 1,528,730 | |||
Energy 6.6% | 19,358,044 | ||||
Energy equipment and services 1.2% | |||||
ChampionX Corp. | 155,863 | 3,399,372 | |||
Oil, gas and consumable fuels 5.4% | |||||
Earthstone Energy, Inc., Class A (A) | 304,472 | 4,627,974 | |||
Magnolia Oil & Gas Corp., Class A | 244,723 | 5,841,538 | |||
Matador Resources Company | 92,100 | 5,489,160 | |||
Financials 6.7% | 19,815,132 | ||||
Banks 3.6% | |||||
Ameris Bancorp | 85,773 | 4,003,884 | |||
Atlantic Union Bankshares Corp. | 63,016 | 2,044,869 | |||
Pinnacle Financial Partners, Inc. | 58,649 | 4,733,561 | |||
Capital markets 3.1% | |||||
Houlihan Lokey, Inc. | 39,555 | 3,105,068 |
10 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Financials (continued) | |||||
Capital markets (continued) | |||||
PJT Partners, Inc., Class A | 45,540 | $3,152,279 | |||
Stifel Financial Corp. | 46,796 | 2,775,471 | |||
Health care 26.7% | 78,688,232 | ||||
Biotechnology 9.5% | |||||
Albireo Pharma, Inc. (A) | 168,970 | 2,956,975 | |||
ChemoCentryx, Inc. (A) | 185,381 | 9,450,641 | |||
Halozyme Therapeutics, Inc. (A) | 92,604 | 3,771,761 | |||
Insmed, Inc. (A) | 124,727 | 3,070,779 | |||
Oyster Point Pharma, Inc. (A) | 177,931 | 1,112,069 | |||
Travere Therapeutics, Inc. (A) | 127,526 | 3,412,596 | |||
Veracyte, Inc. (A) | 67,688 | 1,380,835 | |||
Vericel Corp. (A) | 115,200 | 2,874,240 | |||
Health care equipment and supplies 6.5% | |||||
Artivion, Inc. (A) | 129,187 | 2,862,784 | |||
AtriCure, Inc. (A) | 75,979 | 3,466,162 | |||
Cardiovascular Systems, Inc. (A) | 98,226 | 1,297,565 | |||
CryoPort, Inc. (A) | 68,153 | 2,225,877 | |||
Globus Medical, Inc., Class A (A) | 64,405 | 3,812,132 | |||
ICU Medical, Inc. (A) | 15,116 | 2,403,444 | |||
Integra LifeSciences Holdings Corp. (A) | 63,744 | 3,041,226 | |||
Health care providers and services 4.3% | |||||
Acadia Healthcare Company, Inc. (A) | 51,949 | 4,256,182 | |||
Castle Biosciences, Inc. (A) | 62,594 | 1,815,226 | |||
HealthEquity, Inc. (A) | 64,237 | 4,244,781 | |||
US Physical Therapy, Inc. | 26,872 | 2,219,896 | |||
Life sciences tools and services 3.3% | |||||
Azenta, Inc. | 71,592 | 3,773,614 | |||
Medpace Holdings, Inc. (A) | 23,389 | 3,452,450 | |||
Syneos Health, Inc. (A) | 41,948 | 2,521,494 | |||
Pharmaceuticals 3.1% | |||||
Intra-Cellular Therapies, Inc. (A) | 68,959 | 3,465,879 | |||
Phathom Pharmaceuticals, Inc. (A) | 184,285 | 1,573,794 | |||
Supernus Pharmaceuticals, Inc. (A) | 123,454 | 4,225,830 | |||
Industrials 18.3% | 54,146,110 | ||||
Aerospace and defense 1.0% | |||||
Hexcel Corp. | 50,700 | 2,974,569 | |||
Building products 0.8% | |||||
Gibraltar Industries, Inc. (A) | 55,712 | 2,331,547 | |||
Commercial services and supplies 2.4% | |||||
Ritchie Brothers Auctioneers, Inc. | 101,576 | 7,043,280 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 11 |
Shares | Value | ||||
Industrials (continued) | |||||
Construction and engineering 0.8% | |||||
Dycom Industries, Inc. (A) | 20,321 | $2,278,391 | |||
Electrical equipment 1.6% | |||||
Atkore, Inc. (A) | 55,935 | 4,721,473 | |||
Machinery 6.1% | |||||
Alamo Group, Inc. | 26,716 | 3,493,384 | |||
Helios Technologies, Inc. | 50,618 | 2,764,755 | |||
RBC Bearings, Inc. (A) | 26,782 | 6,445,892 | |||
The Shyft Group, Inc. | 224,995 | 5,388,630 | |||
Professional services 3.8% | |||||
CACI International, Inc., Class A (A) | 12,990 | 3,648,501 | |||
Exponent, Inc. | 53,567 | 5,027,799 | |||
Forrester Research, Inc. (A) | 60,964 | 2,535,493 | |||
Trading companies and distributors 1.8% | |||||
SiteOne Landscape Supply, Inc. (A) | 43,883 | 5,492,396 | |||
Information technology 17.2% | 50,881,294 | ||||
Communications equipment 1.7% | |||||
Viavi Solutions, Inc. (A) | 348,157 | 4,902,051 | |||
Electronic equipment, instruments and components 1.9% | |||||
Novanta, Inc. (A) | 41,839 | 5,593,456 | |||
IT services 1.5% | |||||
Thoughtworks Holding, Inc. (A) | 344,839 | 4,538,081 | |||
Semiconductors and semiconductor equipment 4.9% | |||||
MACOM Technology Solutions Holdings, Inc. (A) | 101,833 | 5,616,090 | |||
Power Integrations, Inc. | 64,947 | 4,645,659 | |||
Silicon Laboratories, Inc. (A) | 33,742 | 4,228,885 | |||
Software 7.2% | |||||
Paycor HCM, Inc. (A) | 181,009 | 5,363,297 | |||
Paylocity Holding Corp. (A) | 36,369 | 8,764,929 | |||
Rapid7, Inc. (A) | 46,456 | 2,671,220 | |||
The Descartes Systems Group, Inc. (A) | 64,739 | 4,557,626 | |||
Materials 4.2% | 12,269,003 | ||||
Chemicals 4.2% | |||||
Avient Corp. | 129,670 | 5,683,436 | |||
Balchem Corp. | 32,097 | 4,231,027 | |||
Quaker Chemical Corp. | 13,507 | 2,354,540 | |||
Metals and mining 0.0% | |||||
Ferroglobe PLC (A)(B) | 11,041 | 0 |
12 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Real estate 2.5% | $7,254,469 | ||||
Equity real estate investment trusts 2.5% | |||||
Ryman Hospitality Properties, Inc. (A) | 43,490 | 3,575,748 | |||
STAG Industrial, Inc. | 119,439 | 3,678,721 | |||
Yield (%) | Shares | Value | |||
Short-term investments 2.1% | $6,234,790 | ||||
(Cost $6,234,790) | |||||
Short-term funds 2.1% | 6,234,790 | ||||
State Street Institutional Treasury Money Market Fund, Premier Class | 2.0953(C) | 6,234,790 | 6,234,790 |
Total investments (Cost $242,574,621) 100.2% | $295,783,277 | ||||
Other assets and liabilities, net (0.2%) | (645,821) | ||||
Total net assets 100.0% | $295,137,456 |
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 | |
(A) | Non-income producing security. |
(B) | 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. |
(C) | The rate shown is the annualized seven-day yield as of 8-31-22. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 13 |
Assets | |
Unaffiliated investments, at value (Cost $242,574,621) | $295,783,277 |
Dividends and interest receivable | 132,767 |
Receivable for fund shares sold | 163,665 |
Receivable from affiliates | 9 |
Other assets | 65,338 |
Total assets | 296,145,056 |
Liabilities | |
Due to custodian | 87 |
Payable for investments purchased | 610,999 |
Payable for fund shares repurchased | 263,646 |
Payable to affiliates | |
Accounting and legal services fees | 10,518 |
Transfer agent fees | 31,000 |
Distribution and service fees | 30 |
Trustees’ fees | 267 |
Other liabilities and accrued expenses | 91,053 |
Total liabilities | 1,007,600 |
Net assets | $295,137,456 |
Net assets consist of | |
Paid-in capital | $228,140,002 |
Total distributable earnings (loss) | 66,997,454 |
Net assets | $295,137,456 |
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 ($256,756,590 ÷ 10,390,473 shares)1 | $24.71 |
Class C ($1,955,919 ÷ 84,419 shares)1 | $23.17 |
Class I ($11,941,808 ÷ 478,226 shares) | $24.97 |
Class R2 ($222,042 ÷ 8,977 shares) | $24.742 |
Class R4 ($60,062 ÷ 2,411 shares) | $24.91 |
Class R6 ($329,944 ÷ 13,168 shares) | $25.06 |
Class 1 ($23,871,091 ÷ 944,954 shares) | $25.26 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)3 | $26.01 |
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 $24.74 is calculated using Net assets of $222,042.30 and Shares outstanding of 8,976.54. |
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. |
14 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $1,419,044 |
Interest | 22,659 |
Less foreign taxes withheld | (16,061) |
Total investment income | 1,425,642 |
Expenses | |
Investment management fees | 2,514,287 |
Distribution and service fees | 787,177 |
Accounting and legal services fees | 50,278 |
Transfer agent fees | 365,585 |
Trustees’ fees | 5,923 |
Custodian fees | 60,361 |
State registration fees | 97,826 |
Printing and postage | 29,570 |
Professional fees | 88,644 |
Other | 31,947 |
Total expenses | 4,031,598 |
Less expense reductions | (29,936) |
Net expenses | 4,001,662 |
Net investment loss | (2,576,020) |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments | 24,967,735 |
24,967,735 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (101,736,167) |
(101,736,167) | |
Net realized and unrealized loss | (76,768,432) |
Decrease in net assets from operations | $(79,344,452) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 15 |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment loss | $(2,576,020) | $(2,928,383) |
Net realized gain | 24,967,735 | 44,758,990 |
Change in net unrealized appreciation (depreciation) | (101,736,167) | 76,233,036 |
Increase (decrease) in net assets resulting from operations | (79,344,452) | 118,063,643 |
Distributions to shareholders | ||
From earnings | ||
Class A | (26,558,227) | (8,674,772) |
Class C | (240,162) | (97,689) |
Class I | (1,278,122) | (462,383) |
Class R2 | (18,904) | (5,823) |
Class R4 | (6,272) | (1,891) |
Class R6 | (30,910) | (7,847) |
Class 1 | (2,585,554) | (1,005,197) |
Total distributions | (30,718,151) | (10,255,602) |
From fund share transactions | (7,850,198) | (14,016,346) |
Total increase (decrease) | (117,912,801) | 93,791,695 |
Net assets | ||
Beginning of year | 413,050,257 | 319,258,562 |
End of year | $295,137,456 | $413,050,257 |
16 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $33.80 | $25.18 | $22.20 | $31.99 | $27.28 |
Net investment income (loss)1 | (0.22) | (0.24) | (0.16) | 0.02 | 0.01 |
Net realized and unrealized gain (loss) on investments | (6.24) | 9.69 | 3.92 | (5.49) | 6.75 |
Total from investment operations | (6.46) | 9.45 | 3.76 | (5.47) | 6.76 |
Less distributions | |||||
From net investment income | — | — | — | (0.01) | (0.03) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.32) | (2.05) |
Net asset value, end of period | $24.71 | $33.80 | $25.18 | $22.20 | $31.99 |
Total return (%)2,3 | (20.40) | 38.04 | 17.20 | (15.32) | 25.66 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $257 | $347 | $272 | $264 | $352 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.20 | 1.20 | 1.26 | 1.42 | 1.40 |
Expenses including reductions | 1.19 | 1.19 | 1.22 | 1.20 | 1.20 |
Net investment income (loss) | (0.78) | (0.81) | (0.72) | 0.08 | 0.02 |
Portfolio turnover (%) | 23 | 28 | 25 | 73 | 52 |
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 | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 17 |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $32.09 | $24.12 | $21.45 | $31.27 | $26.86 |
Net investment loss1 | (0.41) | (0.44) | (0.31) | (0.15) | (0.19) |
Net realized and unrealized gain (loss) on investments | (5.88) | 9.24 | 3.76 | (5.36) | 6.62 |
Total from investment operations | (6.29) | 8.80 | 3.45 | (5.51) | 6.43 |
Less distributions | |||||
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) |
Net asset value, end of period | $23.17 | $32.09 | $24.12 | $21.45 | $31.27 |
Total return (%)2,3 | (21.00) | 37.00 | 16.33 | (15.90) | 24.76 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2 | $3 | $4 | $4 | $9 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.95 | 1.95 | 2.01 | 2.13 | 2.10 |
Expenses including reductions | 1.94 | 1.94 | 1.97 | 1.91 | 1.90 |
Net investment loss | (1.53) | (1.56) | (1.47) | (0.63) | (0.68) |
Portfolio turnover (%) | 23 | 28 | 25 | 73 | 52 |
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. |
18 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $34.05 | $25.29 | $22.24 | $32.07 | $27.33 |
Net investment income (loss)1 | (0.15) | (0.18) | (0.10) | 0.09 | 0.09 |
Net realized and unrealized gain (loss) on investments | (6.30) | 9.77 | 3.93 | (5.51) | 6.78 |
Total from investment operations | (6.45) | 9.59 | 3.83 | (5.42) | 6.87 |
Less distributions | |||||
From net investment income | — | — | — | (0.10) | (0.11) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.41) | (2.13) |
Net asset value, end of period | $24.97 | $34.05 | $25.29 | $22.24 | $32.07 |
Total return (%)2 | (20.21) | 38.44 | 17.49 | (15.08) | 26.06 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $12 | $25 | $10 | $10 | $15 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.95 | 0.95 | 1.01 | 1.14 | 1.11 |
Expenses including reductions | 0.94 | 0.94 | 0.97 | 0.90 | 0.90 |
Net investment income (loss) | (0.52) | (0.57) | (0.46) | 0.38 | 0.32 |
Portfolio turnover (%) | 23 | 28 | 25 | 73 | 52 |
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 | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 19 |
CLASS R2 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $33.85 | $25.21 | $22.22 | $32.02 | $27.30 |
Net investment income (loss)1 | (0.23) | (0.26) | (0.15) | 0.04 | 0.04 |
Net realized and unrealized gain (loss) on investments | (6.25) | 9.73 | 3.92 | (5.49) | 6.76 |
Total from investment operations | (6.48) | 9.47 | 3.77 | (5.45) | 6.80 |
Less distributions | |||||
From net investment income | — | — | — | (0.04) | (0.06) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.35) | (2.08) |
Net asset value, end of period | $24.74 | $33.85 | $25.21 | $22.22 | $32.02 |
Total return (%)2 | (20.44) | 38.03 | 17.23 | (15.23) | 25.78 |
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 | 1.22 | 1.22 | 1.33 | 1.29 |
Expenses including reductions | 1.23 | 1.21 | 1.18 | 1.11 | 1.09 |
Net investment income (loss) | (0.81) | (0.84) | (0.67) | 0.18 | 0.14 |
Portfolio turnover (%) | 23 | 28 | 25 | 73 | 52 |
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. |
20 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $34.00 | $25.27 | $22.23 | $32.05 | $27.34 |
Net investment income (loss)1 | (0.17) | (0.19) | (0.11) | 0.08 | 0.08 |
Net realized and unrealized gain (loss) on investments | (6.29) | 9.75 | 3.93 | (5.51) | 6.75 |
Total from investment operations | (6.46) | 9.56 | 3.82 | (5.43) | 6.83 |
Less distributions | |||||
From net investment income | — | — | — | (0.08) | (0.10) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.39) | (2.12) |
Net asset value, end of period | $24.91 | $34.00 | $25.27 | $22.23 | $32.05 |
Total return (%)2 | (20.28) | 38.35 | 17.45 | (15.11) | 25.92 |
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 | 1.12 | 1.10 | 1.15 | 1.28 | 1.35 |
Expenses including reductions | 1.01 | 1.00 | 1.01 | 0.96 | 0.96 |
Net investment income (loss) | (0.60) | (0.63) | (0.51) | 0.33 | 0.27 |
Portfolio turnover (%) | 23 | 28 | 25 | 73 | 52 |
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 | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 21 |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $34.12 | $25.32 | $22.24 | $32.07 | $27.34 |
Net investment income (loss)1 | (0.12) | (0.14) | (0.08) | 0.11 | 0.12 |
Net realized and unrealized gain (loss) on investments | (6.31) | 9.77 | 3.94 | (5.51) | 6.77 |
Total from investment operations | (6.43) | 9.63 | 3.86 | (5.40) | 6.89 |
Less distributions | |||||
From net investment income | — | — | — | (0.12) | (0.14) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.43) | (2.16) |
Net asset value, end of period | $25.06 | $34.12 | $25.32 | $22.24 | $32.07 |
Total return (%)2 | (20.14) | 38.55 | 17.62 | (14.99) | 26.16 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—3 | $—3 | $—3 | $—3 | $2 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.84 | 0.84 | 0.90 | 1.03 | 1.00 |
Expenses including reductions | 0.83 | 0.83 | 0.86 | 0.81 | 0.80 |
Net investment income (loss) | (0.42) | (0.46) | (0.36) | 0.45 | 0.42 |
Portfolio turnover (%) | 23 | 28 | 25 | 73 | 52 |
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. |
22 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS 1 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $34.39 | $25.53 | $22.42 | $32.29 | $27.51 |
Net investment income (loss)1 | (0.14) | (0.15) | (0.09) | 0.11 | 0.11 |
Net realized and unrealized gain (loss) on investments | (6.36) | 9.84 | 3.98 | (5.56) | 6.82 |
Total from investment operations | (6.50) | 9.69 | 3.89 | (5.45) | 6.93 |
Less distributions | |||||
From net investment income | — | — | — | (0.11) | (0.13) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.42) | (2.15) |
Net asset value, end of period | $25.26 | $34.39 | $25.53 | $22.42 | $32.29 |
Total return (%)2 | (20.16) | 38.47 | 17.62 | (15.04) | 26.10 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $24 | $37 | $33 | $42 | $59 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.88 | 0.88 | 0.94 | 1.06 | 1.04 |
Expenses including reductions | 0.87 | 0.87 | 0.90 | 0.84 | 0.84 |
Net investment income (loss) | (0.46) | (0.50) | (0.39) | 0.44 | 0.38 |
Portfolio turnover (%) | 23 | 28 | 25 | 73 | 52 |
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 | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 23 |
24 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | $289,548,487 | $289,548,487 | — | — |
Short-term investments | 6,234,790 | 6,234,790 | — | — |
Total investments in securities | $295,783,277 | $295,783,277 | — | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 25 |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $2,386,722 | — |
Long-term capital gains | 28,331,429 | $10,255,602 |
Total | $30,718,151 | $10,255,602 |
26 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $25,697 |
Class C | 219 |
Class I | 1,314 |
Class R2 | 19 |
Class | Expense reduction |
Class R4 | $6 |
Class R6 | 32 |
Class 1 | 2,580 |
Total | $29,867 |
ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 27 |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.25% | — |
Class C | 1.00% | — |
Class R2 | 0.25% | 0.25% |
Class R4 | 0.25% | 0.10% |
Class 1 | 0.05% | — |
28 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $745,817 | $345,052 |
Class C | 25,354 | 2,928 |
Class I | — | 17,546 |
Class R2 | 886 | 20 |
Class R4 | 194 | 6 |
Class R6 | — | 33 |
Class 1 | 14,926 | — |
Total | $787,177 | $365,585 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 188,661 | $5,417,191 | 219,746 | $6,640,523 |
Distributions reinvested | 848,537 | 25,142,153 | 281,970 | 8,205,155 |
Repurchased | (911,924) | (25,997,518) | (1,029,271) | (30,654,961) |
Net increase (decrease) | 125,274 | $4,561,826 | (527,555) | $(15,809,283) |
Class C shares | ||||
Sold | 6,137 | $167,532 | 9,793 | $281,097 |
Distributions reinvested | 8,599 | 240,162 | 3,516 | 97,688 |
Repurchased | (27,868) | (735,839) | (64,426) | (1,795,418) |
Net decrease | (13,132) | $(328,145) | (51,117) | $(1,416,633) |
Class I shares | ||||
Sold | 67,940 | $2,031,379 | 483,069 | $14,440,611 |
Distributions reinvested | 41,745 | 1,247,762 | 15,416 | 451,075 |
Repurchased | (357,019) | (11,172,293) | (164,595) | (5,060,139) |
Net increase (decrease) | (247,334) | $(7,893,152) | 333,890 | $9,831,547 |
Class R1 shares | ||||
Sold | — | — | 48 | $1,177 |
Repurchased | — | — | (18,104) | (456,139) |
Net decrease | — | — | (18,056) | $(454,962) |
ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 29 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class R2 shares | ||||
Sold | 1,554 | $41,407 | 5,350 | $142,472 |
Distributions reinvested | 343 | 10,189 | 106 | 3,087 |
Repurchased | (65) | (1,854) | (530) | (16,381) |
Net increase | 1,832 | $49,742 | 4,926 | $129,178 |
Class R3 shares | ||||
Repurchased | — | — | (3,518) | $(91,251) |
Net decrease | — | — | (3,518) | $(91,251) |
Class R4 shares | ||||
Sold | — | — | 81 | $2,686 |
Distributions reinvested | 64 | $1,912 | 18 | 522 |
Repurchased | (38) | (1,096) | (70) | (1,839) |
Net increase | 26 | $816 | 29 | $1,369 |
Class R6 shares | ||||
Sold | 1,486 | $44,754 | 4,907 | $147,857 |
Distributions reinvested | 1,031 | 30,910 | 268 | 7,847 |
Repurchased | (2,016) | (64,840) | (1,415) | (40,044) |
Net increase | 501 | $10,824 | 3,760 | $115,660 |
Class 1 shares | ||||
Sold | 71,173 | $2,160,985 | 92,793 | $2,908,166 |
Distributions reinvested | 85,529 | 2,585,554 | 34,028 | 1,005,197 |
Repurchased | (301,917) | (8,998,648) | (334,494) | (10,235,334) |
Net decrease | (145,215) | $(4,252,109) | (207,673) | $(6,321,971) |
Total net decrease | (278,048) | $(7,850,198) | (465,314) | $(14,016,346) |
Redesignation | Effective date | Amount | |||||
Class R1 shares as Class R2 shares | October 23, 2020 | $32,254 | |||||
Class R3 shares as Class R2 shares | October 9, 2020 | $91,281 |
30 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 31 |
32 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 33 |
34 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 35 |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
36 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 37 |
(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 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 Trust (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 Trust’s Advisor and Subadvisor. |
38 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 39 |
(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; and |
(4) | noted that 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. |
40 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 41 |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
42 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 43 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
44 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 45 |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
46 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Daniel L. Miller, CFA
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 47 |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406977 | 452A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 1 |
2 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
Prologis, Inc. | 10.2 |
Public Storage | 6.1 |
AvalonBay Communities, Inc. | 5.9 |
Welltower, Inc. | 5.6 |
Equinix, Inc. | 4.8 |
American Tower Corp. | 4.8 |
WP Carey, Inc. | 4.1 |
VICI Properties, Inc. | 4.0 |
Sun Communities, Inc. | 3.7 |
Life Storage, Inc. | 3.6 |
TOTAL | 52.8 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A1 | -17.12 | 5.46 | 7.10 | 30.46 | 98.61 |
Class C1 | -14.23 | 6.27 | 7.51 | 35.51 | 106.25 |
Class I1,2 | -12.51 | 6.67 | 7.71 | 38.08 | 110.17 |
Class R61,2 | -12.48 | 6.68 | 7.72 | 38.19 | 110.33 |
Class 12 | -12.51 | 6.67 | 7.71 | 38.12 | 110.22 |
Index† | -10.80 | 4.70 | 6.67 | 25.82 | 90.69 |
Class A | Class C | Class I | Class R6 | Class 1 | |
Gross (%) | 1.18 | 1.93 | 0.93 | 0.82 | 0.86 |
Net (%) | 1.17 | 1.92 | 0.92 | 0.81 | 0.85 |
6 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 8-31-12 | 20,625 | 20,625 | 19,069 |
Class I1,2 | 8-31-12 | 21,017 | 21,017 | 19,069 |
Class R61,2 | 8-31-12 | 21,033 | 21,033 | 19,069 |
Class 12 | 8-31-12 | 21,022 | 21,022 | 19,069 |
1 | Class A, Class C, Class I, and Class R6 shares were first offered on 12-2-20. Returns prior to this date are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 7 |
8 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $877.10 | $5.58 | 1.18% |
Hypothetical example | 1,000.00 | 1,019.30 | 6.01 | 1.18% | |
Class C | Actual expenses/actual returns | 1,000.00 | 873.50 | 9.07 | 1.92% |
Hypothetical example | 1,000.00 | 1,015.50 | 9.75 | 1.92% | |
Class I | Actual expenses/actual returns | 1,000.00 | 878.40 | 4.50 | 0.95% |
Hypothetical example | 1,000.00 | 1,020.40 | 4.84 | 0.95% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 878.80 | 3.88 | 0.82% |
Hypothetical example | 1,000.00 | 1,021.10 | 4.18 | 0.82% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 878.20 | 4.02 | 0.85% |
Hypothetical example | 1,000.00 | 1,020.90 | 4.33 | 0.85% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 9 |
Shares | Value | ||||
Common stocks 99.7% | $308,398,037 | ||||
(Cost $271,204,738) | |||||
Consumer discretionary 0.5% | 1,589,888 | ||||
Hotels, restaurants and leisure 0.5% | |||||
Hotels, resorts and cruise lines 0.5% | |||||
Playa Hotels & Resorts NV (A) | 242,361 | 1,589,888 | |||
Industrials 0.6% | 1,886,821 | ||||
Construction and engineering 0.6% | |||||
Construction and engineering 0.6% | |||||
WillScot Mobile Mini Holdings Corp. (A) | 47,006 | 1,886,821 | |||
Real estate 98.6% | 304,921,328 | ||||
Equity real estate investment trusts 96.1% | |||||
Diversified REITs 4.1% | |||||
WP Carey, Inc. | 149,397 | 12,553,830 | |||
Health care REITs 10.7% | |||||
CareTrust REIT, Inc. | 187,252 | 4,033,408 | |||
Healthpeak Properties, Inc. | 210,302 | 5,520,428 | |||
LTC Properties, Inc. | 138,466 | 6,215,739 | |||
Welltower, Inc. | 226,231 | 17,340,606 | |||
Hotel and resort REITs 3.5% | |||||
Host Hotels & Resorts, Inc. | 350,513 | 6,228,616 | |||
Ryman Hospitality Properties, Inc. (A) | 54,414 | 4,473,919 | |||
Industrial REITs 17.0% | |||||
Americold Realty Trust, Inc. | 116,633 | 3,431,343 | |||
First Industrial Realty Trust, Inc. | 61,194 | 3,101,312 | |||
Plymouth Industrial REIT, Inc. | 154,988 | 3,141,607 | |||
Prologis, Inc. | 253,679 | 31,585,571 | |||
Rexford Industrial Realty, Inc. | 180,752 | 11,244,582 | |||
Office REITs 5.2% | |||||
Boston Properties, Inc. | 88,615 | 7,038,689 | |||
Corporate Office Properties Trust | 181,888 | 4,699,986 | |||
Douglas Emmett, Inc. | 152,279 | 2,972,486 | |||
Veris Residential, Inc. (A) | 114,441 | 1,538,087 | |||
Residential REITs 17.0% | |||||
American Homes 4 Rent, Class A | 129,334 | 4,599,117 | |||
AvalonBay Communities, Inc. | 90,833 | 18,249,258 | |||
Equity Residential | 150,506 | 11,014,029 | |||
Independence Realty Trust, Inc. | 212,122 | 4,125,773 | |||
Mid-America Apartment Communities, Inc. | 19,015 | 3,150,215 | |||
Sun Communities, Inc. | 73,910 | 11,360,706 |
10 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Real estate (continued) | |||||
Equity real estate investment trusts (continued) | |||||
Retail REITs 10.5% | |||||
Agree Realty Corp. | 92,975 | $7,002,877 | |||
Brixmor Property Group, Inc. | 355,018 | 7,625,787 | |||
Kimco Realty Corp. | 406,515 | 8,569,336 | |||
Phillips Edison & Company, Inc. | 220,921 | 7,217,489 | |||
Tanger Factory Outlet Centers, Inc. | 142,642 | 2,199,540 | |||
Specialized REITs 28.1% | |||||
American Tower Corp. | 57,826 | 14,690,695 | |||
CubeSmart | 114,685 | 5,281,244 | |||
Digital Realty Trust, Inc. | 25,500 | 3,152,565 | |||
Equinix, Inc. | 22,605 | 14,859,849 | |||
Life Storage, Inc. | 88,516 | 11,263,661 | |||
Public Storage | 57,060 | 18,877,160 | |||
SBA Communications Corp. | 19,667 | 6,396,692 | |||
VICI Properties, Inc. | 378,456 | 12,485,263 | |||
Real estate management and development 2.5% | |||||
Real estate operating companies 1.5% | |||||
Tricon Residential, Inc. | 447,725 | 4,673,781 | |||
Real estate services 1.0% | |||||
Colliers International Group, Inc. (Nasdaq Exchange) | 25,737 | 3,006,082 | |||
Yield (%) | Shares | Value | |||
Short-term investments 0.7% | $2,217,345 | ||||
(Cost $2,217,345) | |||||
Short-term funds 0.7% | 2,217,345 | ||||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 2.2409(B) | 2,217,345 | 2,217,345 |
Total investments (Cost $273,422,083) 100.4% | $310,615,382 | ||||
Other assets and liabilities, net (0.4%) | (1,342,992) | ||||
Total net assets 100.0% | $309,272,390 |
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 | |
(A) | Non-income producing security. |
(B) | The rate shown is the annualized seven-day yield as of 8-31-22. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 11 |
Assets | |
Unaffiliated investments, at value (Cost $273,422,083) | $310,615,382 |
Dividends and interest receivable | 130,876 |
Receivable for fund shares sold | 52,388 |
Receivable for investments sold | 1,553,718 |
Other assets | 27,448 |
Total assets | 312,379,812 |
Liabilities | |
Payable for investments purchased | 2,735,901 |
Payable for fund shares repurchased | 281,581 |
Payable to affiliates | |
Accounting and legal services fees | 11,384 |
Transfer agent fees | 2,091 |
Trustees’ fees | 287 |
Other liabilities and accrued expenses | 76,178 |
Total liabilities | 3,107,422 |
Net assets | $309,272,390 |
Net assets consist of | |
Paid-in capital | $253,302,008 |
Total distributable earnings (loss) | 55,970,382 |
Net assets | $309,272,390 |
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 ($7,485,856 ÷ 579,329 shares)1 | $12.92 |
Class C ($91,184 ÷ 7,061 shares)1 | $12.91 |
Class I ($11,124,642 ÷ 860,669 shares) | $12.93 |
Class R6 ($704,343 ÷ 54,563 shares) | $12.91 |
Class 1 ($289,866,365 ÷ 22,456,345 shares) | $12.91 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $13.60 |
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. |
12 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $7,280,334 |
Interest | 12,211 |
Securities lending | 45 |
Less foreign taxes withheld | (14,360) |
Total investment income | 7,278,230 |
Expenses | |
Investment management fees | 2,534,556 |
Distribution and service fees | 193,502 |
Accounting and legal services fees | 52,242 |
Transfer agent fees | 14,677 |
Trustees’ fees | 6,149 |
Custodian fees | 56,631 |
State registration fees | 30,854 |
Printing and postage | 18,817 |
Professional fees | 83,959 |
Other | 29,126 |
Total expenses | 3,020,513 |
Less expense reductions | (31,070) |
Net expenses | 2,989,443 |
Net investment income | 4,288,787 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 25,991,301 |
25,991,301 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (76,699,816) |
(76,699,816) | |
Net realized and unrealized loss | (50,708,515) |
Decrease in net assets from operations | $(46,419,728) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 13 |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $4,288,787 | $4,590,898 |
Net realized gain | 25,991,301 | 53,854,772 |
Change in net unrealized appreciation (depreciation) | (76,699,816) | 50,883,234 |
Increase (decrease) in net assets resulting from operations | (46,419,728) | 109,328,904 |
Distributions to shareholders | ||
From earnings | ||
Class A1 | (829,069) | (794) |
Class C1 | (8,795) | (435) |
Class I1 | (327,643) | (913) |
Class R61 | (67,941) | (966) |
Class 1 | (42,462,369) | (5,627,795) |
Total distributions | (43,695,817) | (5,630,903) |
From fund share transactions | 23,801,824 | (32,307,781) |
Total increase (decrease) | (66,313,721) | 71,390,220 |
Net assets | ||
Beginning of year | 375,586,111 | 304,195,891 |
End of year | $309,272,390 | $375,586,111 |
1 | The inception date for Class A, Class C, Class I and Class R6 shares is 12-2-20. |
14 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-22 | 8-31-211 |
Per share operating performance | ||
Net asset value, beginning of period | $16.60 | $12.59 |
Net investment income2 | 0.13 | 0.03 |
Net realized and unrealized gain (loss) on investments | (1.93) | 4.18 |
Total from investment operations | (1.80) | 4.21 |
Less distributions | ||
From net investment income | (0.08) | (0.20) |
From net realized gain | (1.80) | — |
Total distributions | (1.88) | (0.20) |
Net asset value, end of period | $12.92 | $16.60 |
Total return (%)3,4 | (12.77) | 33.985 |
Ratios and supplemental data | ||
Net assets, end of period (in millions) | $7 | $4 |
Ratios (as a percentage of average net assets): | ||
Expenses before reductions | 1.14 | 1.196 |
Expenses including reductions | 1.13 | 1.186 |
Net investment income | 0.88 | 0.316 |
Portfolio turnover (%) | 81 | 1227 |
1 | The inception date for Class A shares is 12-2-20. |
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. |
7 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 15 |
CLASS C SHARES Period ended | 8-31-22 | 8-31-211 |
Per share operating performance | ||
Net asset value, beginning of period | $16.63 | $12.59 |
Net investment income (loss)2 | 0.03 | (0.03) |
Net realized and unrealized gain (loss) on investments | (1.95) | 4.18 |
Total from investment operations | (1.92) | 4.15 |
Less distributions | ||
From net investment income | — | (0.11) |
From net realized gain | (1.80) | — |
Total distributions | (1.80) | (0.11) |
Net asset value, end of period | $12.91 | $16.63 |
Total return (%)3,4 | (13.46) | 33.255 |
Ratios and supplemental data | ||
Net assets, end of period (in millions) | $—6 | $—6 |
Ratios (as a percentage of average net assets): | ||
Expenses before reductions | 1.89 | 1.947 |
Expenses including reductions | 1.88 | 1.937 |
Net investment income (loss) | 0.19 | (0.28)7 |
Portfolio turnover (%) | 81 | 1228 |
1 | The inception date for Class C shares is 12-2-20. |
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 | Less than $500,000. |
7 | Annualized. |
8 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
16 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-22 | 8-31-211 |
Per share operating performance | ||
Net asset value, beginning of period | $16.60 | $12.59 |
Net investment income2 | 0.17 | 0.10 |
Net realized and unrealized gain (loss) on investments | (1.92) | 4.14 |
Total from investment operations | (1.75) | 4.24 |
Less distributions | ||
From net investment income | (0.12) | (0.23) |
From net realized gain | (1.80) | — |
Total distributions | (1.92) | (0.23) |
Net asset value, end of period | $12.93 | $16.60 |
Total return (%)3 | (12.51) | 34.304 |
Ratios and supplemental data | ||
Net assets, end of period (in millions) | $11 | $—5 |
Ratios (as a percentage of average net assets): | ||
Expenses before reductions | 0.90 | 0.946 |
Expenses including reductions | 0.89 | 0.936 |
Net investment income | 1.25 | 0.896 |
Portfolio turnover (%) | 81 | 1227 |
1 | The inception date for Class I shares is 12-2-20. |
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 | Less than $500,000. |
6 | Annualized. |
7 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 17 |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-211 |
Per share operating performance | ||
Net asset value, beginning of period | $16.59 | $12.59 |
Net investment income2 | 0.19 | 0.12 |
Net realized and unrealized gain (loss) on investments | (1.93) | 4.12 |
Total from investment operations | (1.74) | 4.24 |
Less distributions | ||
From net investment income | (0.14) | (0.24) |
From net realized gain | (1.80) | — |
Total distributions | (1.94) | (0.24) |
Net asset value, end of period | $12.91 | $16.59 |
Total return (%)3 | (12.48) | 34.374 |
Ratios and supplemental data | ||
Net assets, end of period (in millions) | $1 | $—5 |
Ratios (as a percentage of average net assets): | ||
Expenses before reductions | 0.79 | 0.836 |
Expenses including reductions | 0.78 | 0.826 |
Net investment income | 1.31 | 1.056 |
Portfolio turnover (%) | 81 | 1227 |
1 | The inception date for Class R6 shares is 12-2-20. |
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 | Less than $500,000. |
6 | Annualized. |
7 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
18 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS 1 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $16.59 | $12.05 | $14.55 | $12.97 | $13.12 |
Net investment income1 | 0.18 | 0.20 | 0.24 | 0.29 | 0.26 |
Net realized and unrealized gain (loss) on investments | (1.93) | 4.58 | (1.55) | 1.82 | 0.49 |
Total from investment operations | (1.75) | 4.78 | (1.31) | 2.11 | 0.75 |
Less distributions | |||||
From net investment income | (0.13) | (0.24) | (0.29) | (0.26) | (0.17) |
From net realized gain | (1.80) | — | (0.90) | (0.27) | (0.73) |
Total distributions | (1.93) | (0.24) | (1.19) | (0.53) | (0.90) |
Net asset value, end of period | $12.91 | $16.59 | $12.05 | $14.55 | $12.97 |
Total return (%)2 | (12.51) | 40.36 | (9.75) | 17.35 | 6.20 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $290 | $371 | $304 | $433 | $421 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.83 | 0.87 | 0.81 | 0.81 | 0.81 |
Expenses including reductions | 0.82 | 0.86 | 0.80 | 0.80 | 0.80 |
Net investment income | 1.19 | 1.45 | 1.86 | 2.25 | 2.11 |
Portfolio turnover (%) | 81 | 122 | 133 | 132 | 158 |
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 | ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 19 |
20 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 21 |
22 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $5,703,527 | $5,630,903 |
Long-term capital gains | 37,992,290 | — |
Total | $43,695,817 | $5,630,903 |
ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 23 |
Class | Expense reduction |
Class A | $612 |
Class C | 8 |
Class I | 423 |
Class | Expense reduction |
Class R6 | $51 |
Class 1 | 29,976 |
Total | $31,070 |
Class | Rule 12b-1 Fee |
Class A | 0.25% |
Class C | 1.00% |
Class 1 | 0.05% |
24 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $18,035 | $8,394 |
Class C | 967 | 112 |
Class I | — | 6,116 |
Class R6 | — | 55 |
Class 1 | 174,500 | — |
Total | $193,502 | $14,677 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $2,075,000 | 2 | 0.750% | $86 |
ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 25 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares1 | ||||
Sold | 718,479 | $11,392,866 | 305,102 | $4,627,911 |
Distributions reinvested | 52,948 | 828,102 | — | — |
Repurchased | (412,946) | (6,234,610) | (84,254) | (1,287,217) |
Net increase | 358,481 | $5,986,358 | 220,848 | $3,340,694 |
Class C shares1 | ||||
Sold | 2,506 | $37,258 | 14,441 | $204,004 |
Distributions reinvested | 104 | 1,628 | — | — |
Repurchased | (9,990) | (159,537) | — | — |
Net increase | (7,380) | $(120,651) | 14,441 | $204,004 |
Class I shares1 | ||||
Sold | 963,545 | $13,885,249 | 7,820 | $110,390 |
Distributions reinvested | 1,041 | 16,257 | — | — |
Repurchased | (111,737) | (1,567,762) | — | — |
Net increase | 852,849 | $12,333,744 | 7,820 | $110,390 |
Class R6 shares1 | ||||
Sold | 30,756 | $459,007 | 26,950 | $407,543 |
Distributions reinvested | 3,863 | 60,222 | — | — |
Repurchased | (6,785) | (98,839) | (221) | (3,278) |
Net increase | 27,834 | $420,390 | 26,729 | $404,265 |
Class 1 shares | ||||
Sold | 1,464,854 | $23,157,772 | 1,338,770 | $19,880,881 |
Distributions reinvested | 2,723,693 | 42,462,369 | 455,692 | 5,627,795 |
Repurchased | (4,103,819) | (60,438,158) | (4,660,877) | (61,875,810) |
Net increase | 84,728 | $5,181,983 | (2,866,415) | $(36,367,134) |
Total net increase (decrease) | 1,316,512 | $23,801,824 | (2,596,577) | $(32,307,781) |
1 | The inception date for Class A, Class C, Class I and Class R6 shares is 12-2-20. |
26 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT |
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* | — | — | $1,038,500 | $(1,038,500) | — | — | $45 | — | — |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 27 |
28 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 29 |
30 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 31 |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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 |
32 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
(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. |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 33 |
(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) | 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 businesses, including current subadvisory services to the Trust (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 fees 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 Trust’s Advisor and Subadvisor. |
34 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index; |
(3) | the subadvisory fees are reasonable in relation to the level and quality of services being provided; and |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 35 |
(4) | noted that 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. |
36 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 37 |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
38 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 39 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
40 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 41 |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
42 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 43 |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406984 | 488A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 1 |
2 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
Kinsale Capital Group, Inc. | 3.4 |
Chart Industries, Inc. | 3.4 |
Fox Factory Holding Corp. | 3.3 |
BJ’s Wholesale Club Holdings, Inc. | 3.2 |
Calix, Inc. | 3.1 |
AMN Healthcare Services, Inc. | 3.0 |
PTC Therapeutics, Inc. | 3.0 |
Texas Roadhouse, Inc. | 3.0 |
Halozyme Therapeutics, Inc. | 2.8 |
CryoPort, Inc. | 2.7 |
TOTAL | 30.9 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A1 | -33.33 | 4.80 | 9.55 | 26.43 | 149.06 |
Class C1 | -30.86 | 5.18 | 9.75 | 28.71 | 153.60 |
Class I1,2 | -29.69 | 6.10 | 10.23 | 34.43 | 164.87 |
Class R61,2 | -29.58 | 6.22 | 10.29 | 35.21 | 166.41 |
Class NAV2 | -29.56 | 6.23 | 10.30 | 35.28 | 166.55 |
Index† | -25.26 | 6.69 | 10.16 | 38.26 | 163.25 |
Class A | Class C | Class I | Class R6 | Class NAV | |
Gross (%) | 1.28 | 2.03 | 1.03 | 0.93 | 0.92 |
Net (%) | 1.27 | 2.02 | 1.02 | 0.92 | 0.91 |
6 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 8-31-12 | 25,360 | 25,360 | 26,325 |
Class I1,2 | 8-31-12 | 26,487 | 26,487 | 26,325 |
Class R61,2 | 8-31-12 | 26,641 | 26,641 | 26,325 |
Class NAV2 | 8-31-12 | 26,655 | 26,655 | 26,325 |
1 | Class A, Class C, Class I, and Class R6 shares were first offered on 3-27-18. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 7 |
8 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $816.30 | $6.04 | 1.32% |
Hypothetical example | 1,000.00 | 1,018.60 | 6.72 | 1.32% | |
Class C | Actual expenses/actual returns | 1,000.00 | 813.40 | 9.46 | 2.07% |
Hypothetical example | 1,000.00 | 1,014.80 | 10.51 | 2.07% | |
Class I | Actual expenses/actual returns | 1,000.00 | 817.40 | 4.86 | 1.06% |
Hypothetical example | 1,000.00 | 1,019.90 | 5.40 | 1.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 818.10 | 4.40 | 0.96% |
Hypothetical example | 1,000.00 | 1,020.40 | 4.89 | 0.96% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 818.20 | 4.31 | 0.94% |
Hypothetical example | 1,000.00 | 1,020.50 | 4.79 | 0.94% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 9 |
Shares | Value | ||||
Common stocks 95.4% | $412,896,567 | ||||
(Cost $394,164,072) | |||||
Communication services 2.3% | 10,171,647 | ||||
Media 2.3% | |||||
TechTarget, Inc. (A) | 156,728 | 10,171,647 | |||
Consumer discretionary 18.5% | 80,024,530 | ||||
Auto components 3.3% | |||||
Fox Factory Holding Corp. (A) | 150,846 | 14,060,356 | |||
Diversified consumer services 1.7% | |||||
European Wax Center, Inc., Class A (B) | 343,597 | 7,432,003 | |||
Hotels, restaurants and leisure 4.7% | |||||
Boyd Gaming Corp. | 136,552 | 7,432,525 | |||
Texas Roadhouse, Inc. | 144,010 | 12,782,328 | |||
Household durables 2.3% | |||||
Skyline Champion Corp. (A) | 175,894 | 9,967,913 | |||
Internet and direct marketing retail 0.8% | |||||
Overstock.com, Inc. (A) | 131,891 | 3,442,355 | |||
Multiline retail 1.4% | |||||
Ollie’s Bargain Outlet Holdings, Inc. (A) | 110,129 | 6,091,235 | |||
Specialty retail 4.3% | |||||
Asbury Automotive Group, Inc. (A) | 60,860 | 10,618,853 | |||
Leslie’s, Inc. (A) | 578,065 | 8,196,962 | |||
Consumer staples 9.2% | 39,735,992 | ||||
Beverages 2.2% | |||||
MGP Ingredients, Inc. | 86,365 | 9,453,513 | |||
Food and staples retailing 5.9% | |||||
BJ’s Wholesale Club Holdings, Inc. (A) | 186,379 | 13,883,372 | |||
Performance Food Group Company (A) | 230,413 | 11,516,042 | |||
Food products 1.1% | |||||
Freshpet, Inc. (A) | 112,177 | 4,883,065 | |||
Energy 4.0% | 17,206,871 | ||||
Oil, gas and consumable fuels 4.0% | |||||
Earthstone Energy, Inc., Class A (A)(B) | 516,838 | 7,855,938 | |||
Ranger Oil Corp., Class A | 239,829 | 9,350,933 | |||
Financials 9.8% | 42,661,778 | ||||
Banks 1.7% | |||||
First Financial Bankshares, Inc. | 170,108 | 7,231,291 |
10 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Financials (continued) | |||||
Capital markets 2.0% | |||||
PJT Partners, Inc., Class A | 126,171 | $8,733,557 | |||
Insurance 3.6% | |||||
Kinsale Capital Group, Inc. | 57,680 | 14,626,491 | |||
Palomar Holdings, Inc. (A) | 13,662 | 1,083,260 | |||
Thrifts and mortgage finance 2.5% | |||||
Axos Financial, Inc. (A) | 262,977 | 10,987,179 | |||
Health care 19.1% | 82,545,061 | ||||
Biotechnology 7.7% | |||||
Avid Bioservices, Inc. (A) | 488,226 | 8,407,252 | |||
Halozyme Therapeutics, Inc. (A) | 298,845 | 12,171,957 | |||
PTC Therapeutics, Inc. (A) | 257,304 | 12,849,762 | |||
Health care equipment and supplies 7.3% | |||||
CryoPort, Inc. (A) | 356,729 | 11,650,769 | |||
Inmode, Ltd. (A) | 288,412 | 9,211,879 | |||
Omnicell, Inc. (A) | 104,373 | 10,676,314 | |||
Health care providers and services 3.0% | |||||
AMN Healthcare Services, Inc. (A) | 125,486 | 12,879,883 | |||
Life sciences tools and services 1.1% | |||||
Medpace Holdings, Inc. (A) | 31,822 | 4,697,245 | |||
Industrials 15.2% | 65,963,913 | ||||
Aerospace and defense 2.2% | |||||
AeroVironment, Inc. (A) | 108,321 | 9,602,657 | |||
Air freight and logistics 2.6% | |||||
Air Transport Services Group, Inc. (A) | 379,584 | 11,436,866 | |||
Building products 1.0% | |||||
Simpson Manufacturing Company, Inc. | 44,622 | 4,133,782 | |||
Commercial services and supplies 2.1% | |||||
The Brink’s Company | 166,836 | 9,222,694 | |||
Machinery 3.4% | |||||
Chart Industries, Inc. (A) | 75,003 | 14,540,082 | |||
Professional services 1.7% | |||||
FTI Consulting, Inc. (A) | 46,380 | 7,448,628 | |||
Trading companies and distributors 2.2% | |||||
Rush Enterprises, Inc., Class A | 203,553 | 9,579,204 | |||
Information technology 16.3% | 70,360,398 | ||||
Communications equipment 5.6% | |||||
Calix, Inc. (A) | 226,622 | 13,336,705 | |||
Clearfield, Inc. (A) | 94,246 | 10,942,903 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 11 |
Shares | Value | ||||
Information technology (continued) | |||||
IT services 1.2% | |||||
Perficient, Inc. (A) | 67,221 | $5,249,960 | |||
Semiconductors and semiconductor equipment 5.9% | |||||
Onto Innovation, Inc. (A) | 161,520 | 11,466,305 | |||
SiTime Corp. (A) | 47,923 | 5,099,486 | |||
Synaptics, Inc. (A) | 76,023 | 8,789,019 | |||
Software 3.6% | |||||
Sprout Social, Inc., Class A (A) | 112,055 | 6,727,782 | |||
Workiva, Inc. (A) | 128,859 | 8,748,238 | |||
Materials 1.0% | 4,226,377 | ||||
Chemicals 1.0% | |||||
Aspen Aerogels, Inc. (A) | 324,856 | 4,226,377 | |||
Yield (%) | Shares | Value | |||
Short-term investments 6.8% | $29,292,910 | ||||
(Cost $29,294,211) | |||||
Short-term funds 6.8% | 29,292,910 | ||||
John Hancock Collateral Trust (C) | 2.3160(D) | 1,265,468 | 12,646,327 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 2.2409(D) | 16,646,583 | 16,646,583 |
Total investments (Cost $423,458,283) 102.2% | $442,189,477 | ||||
Other assets and liabilities, net (2.2%) | (9,487,604) | ||||
Total net assets 100.0% | $432,701,873 |
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 | |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 8-31-22. |
(C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(D) | The rate shown is the annualized seven-day yield as of 8-31-22. |
12 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $410,810,655) including $12,350,071 of securities loaned | $429,543,150 |
Affiliated investments, at value (Cost $12,647,628) | 12,646,327 |
Total investments, at value (Cost $423,458,283) | 442,189,477 |
Dividends and interest receivable | 112,581 |
Receivable for fund shares sold | 91,068 |
Receivable for investments sold | 4,098,693 |
Receivable for securities lending income | 9,674 |
Other assets | 58,271 |
Total assets | 446,559,764 |
Liabilities | |
Payable for investments purchased | 1,077,943 |
Payable for fund shares repurchased | 1,767 |
Payable upon return of securities loaned | 12,650,935 |
Payable to affiliates | |
Accounting and legal services fees | 15,988 |
Transfer agent fees | 2,256 |
Trustees’ fees | 416 |
Other liabilities and accrued expenses | 108,586 |
Total liabilities | 13,857,891 |
Net assets | $432,701,873 |
Net assets consist of | |
Paid-in capital | $424,927,820 |
Total distributable earnings (loss) | 7,774,053 |
Net assets | $432,701,873 |
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 ($18,455,052 ÷ 1,318,352 shares)1 | $14.00 |
Class C ($208,227 ÷ 15,567 shares)1 | $13.38 |
Class I ($856,456 ÷ 60,348 shares) | $14.19 |
Class R6 ($293,579 ÷ 20,533 shares) | $14.30 |
Class NAV ($412,888,559 ÷ 28,860,013 shares) | $14.31 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $14.74 |
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 | ANNUAL REPORT | JOHN HANCOCK Small Cap Growth Fund | 13 |
Investment income | |
Dividends | $2,727,320 |
Interest | 64,460 |
Securities lending | 26,025 |
Total investment income | 2,817,805 |
Expenses | |
Investment management fees | 4,723,046 |
Distribution and service fees | 54,515 |
Accounting and legal services fees | 77,766 |
Transfer agent fees | 25,542 |
Trustees’ fees | 9,563 |
Custodian fees | 85,245 |
State registration fees | 72,079 |
Printing and postage | 21,012 |
Professional fees | 65,933 |
Other | 29,600 |
Total expenses | 5,164,301 |
Less expense reductions | (47,104) |
Net expenses | 5,117,197 |
Net investment loss | (2,299,392) |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments | 18,101,147 |
Affiliated investments | (5,674) |
Capital gain distributions received from affiliated investments | 126 |
18,095,599 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (197,603,266) |
Affiliated investments | (1,301) |
(197,604,567) | |
Net realized and unrealized loss | (179,508,968) |
Decrease in net assets from operations | $(181,808,360) |
14 | JOHN HANCOCK Small Cap Growth Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment loss | $(2,299,392) | $(4,363,324) |
Net realized gain | 18,095,599 | 182,531,138 |
Change in net unrealized appreciation (depreciation) | (197,604,567) | 49,763,598 |
Increase (decrease) in net assets resulting from operations | (181,808,360) | 227,931,412 |
Distributions to shareholders | ||
From earnings | ||
Class A | (6,334,166) | (372,190) |
Class C | (86,563) | (9,899) |
Class I | (196,941) | (22,483) |
Class R6 | (22,284) | (2,498) |
Class NAV | (152,746,529) | (23,547,407) |
Total distributions | (159,386,483) | (23,954,477) |
From fund share transactions | 94,339,573 | (147,296,422) |
Total increase (decrease) | (246,855,270) | 56,680,513 |
Net assets | ||
Beginning of year | 679,557,143 | 622,876,630 |
End of year | $432,701,873 | $679,557,143 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Small Cap Growth Fund | 15 |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-181 |
Per share operating performance | |||||
Net asset value, beginning of period | $27.21 | $20.14 | $16.62 | $19.27 | $17.03 |
Net investment loss2 | (0.14) | (0.26) | (0.15) | (0.18) | (0.10) |
Net realized and unrealized gain (loss) on investments | (6.06) | 8.17 | 3.67 | (1.93) | 2.34 |
Total from investment operations | (6.20) | 7.91 | 3.52 | (2.11) | 2.24 |
Less distributions | |||||
From net realized gain | (7.01) | (0.84) | — | (0.54) | — |
Net asset value, end of period | $14.00 | $27.21 | $20.14 | $16.62 | $19.27 |
Total return (%)3,4 | (29.82) | 40.11 | 21.18 | (10.41) | 13.155 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $18 | $21 | $7 | $3 | $1 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.30 | 1.28 | 1.31 | 1.32 | 1.366 |
Expenses including reductions | 1.29 | 1.28 | 1.30 | 1.31 | 1.356 |
Net investment loss | (0.78) | (1.05) | (0.91) | (1.07) | (1.26)6 |
Portfolio turnover (%) | 55 | 66 | 98 | 101 | 1657 |
1 | The inception date for Class A shares is 3-27-18. |
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. |
7 | Portfolio turnover is shown for the period from 9-1-17 to 8-31-18. |
16 | JOHN HANCOCK Small Cap Growth Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-181 |
Per share operating performance | |||||
Net asset value, beginning of period | $26.48 | $19.77 | $16.44 | $19.21 | $17.03 |
Net investment loss2 | (0.28) | (0.42) | (0.27) | (0.30) | (0.16) |
Net realized and unrealized gain (loss) on investments | (5.81) | 7.97 | 3.60 | (1.93) | 2.34 |
Total from investment operations | (6.09) | 7.55 | 3.33 | (2.23) | 2.18 |
Less distributions | |||||
From net realized gain | (7.01) | (0.84) | — | (0.54) | — |
Net asset value, end of period | $13.38 | $26.48 | $19.77 | $16.44 | $19.21 |
Total return (%)3,4 | (30.36) | 39.06 | 20.26 | (11.08) | 12.805 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—6 | $—6 | $—6 | $—6 | $—6 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 2.05 | 2.03 | 2.06 | 2.07 | 2.117 |
Expenses including reductions | 2.04 | 2.03 | 2.05 | 2.06 | 2.107 |
Net investment loss | (1.53) | (1.79) | (1.67) | (1.81) | (2.01)7 |
Portfolio turnover (%) | 55 | 66 | 98 | 101 | 1658 |
1 | The inception date for Class C shares is 3-27-18. |
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 | Less than $500,000. |
7 | Annualized. |
8 | Portfolio turnover is shown for the period from 9-1-17 to 8-31-18. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Small Cap Growth Fund | 17 |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-181 |
Per share operating performance | |||||
Net asset value, beginning of period | $27.43 | $20.25 | $16.67 | $19.29 | $17.03 |
Net investment loss2 | (0.09) | (0.19) | (0.11) | (0.14) | (0.08) |
Net realized and unrealized gain (loss) on investments | (6.14) | 8.21 | 3.69 | (1.94) | 2.34 |
Total from investment operations | (6.23) | 8.02 | 3.58 | (2.08) | 2.26 |
Less distributions | |||||
From net realized gain | (7.01) | (0.84) | — | (0.54) | — |
Net asset value, end of period | $14.19 | $27.43 | $20.25 | $16.67 | $19.29 |
Total return (%)3 | (29.69) | 40.49 | 21.48 | (10.23) | 13.274 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $—5 | $—5 | $—5 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.05 | 1.03 | 1.06 | 1.08 | 1.126 |
Expenses including reductions | 1.04 | 1.03 | 1.05 | 1.07 | 1.116 |
Net investment loss | (0.54) | (0.78) | (0.65) | (0.80) | (0.99)6 |
Portfolio turnover (%) | 55 | 66 | 98 | 101 | 1657 |
1 | The inception date for Class I shares is 3-27-18. |
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 | Less than $500,000. |
6 | Annualized. |
7 | Portfolio turnover is shown for the period from 9-1-17 to 8-31-18. |
18 | JOHN HANCOCK Small Cap Growth Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-181 |
Per share operating performance | |||||
Net asset value, beginning of period | $27.55 | $20.32 | $16.70 | $19.30 | $17.03 |
Net investment loss2 | (0.06) | (0.16) | (0.09) | (0.12) | (0.07) |
Net realized and unrealized gain (loss) on investments | (6.18) | 8.23 | 3.71 | (1.94) | 2.34 |
Total from investment operations | (6.24) | 8.07 | 3.62 | (2.06) | 2.27 |
Less distributions | |||||
From net realized gain | (7.01) | (0.84) | — | (0.54) | — |
Net asset value, end of period | $14.30 | $27.55 | $20.32 | $16.70 | $19.30 |
Total return (%)3 | (29.58) | 40.60 | 21.68 | (10.12) | 13.334 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—5 | $—5 | $—5 | $—5 | $—5 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.94 | 0.93 | 0.94 | 0.97 | 1.016 |
Expenses including reductions | 0.93 | 0.92 | 0.94 | 0.96 | 1.016 |
Net investment loss | (0.36) | (0.67) | (0.54) | (0.70) | (0.92)6 |
Portfolio turnover (%) | 55 | 66 | 98 | 101 | 1657 |
1 | The inception date for Class R6 shares is 3-27-18. |
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 | Less than $500,000. |
6 | Annualized. |
7 | Portfolio turnover is shown for the period from 9-1-17 to 8-31-18. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Small Cap Growth Fund | 19 |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $27.56 | $20.33 | $16.71 | $19.30 | $20.31 |
Net investment loss1 | (0.08) | (0.16) | (0.09) | (0.12) | (0.11) |
Net realized and unrealized gain (loss) on investments | (6.16) | 8.23 | 3.71 | (1.93) | 4.54 |
Total from investment operations | (6.24) | 8.07 | 3.62 | (2.05) | 4.43 |
Less distributions | |||||
From net realized gain | (7.01) | (0.84) | — | (0.54) | (5.44) |
Net asset value, end of period | $14.31 | $27.56 | $20.33 | $16.71 | $19.30 |
Total return (%)2 | (29.56) | 40.58 | 21.66 | (10.07) | 24.87 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $413 | $657 | $615 | $560 | $360 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.93 | 0.92 | 0.93 | 0.96 | 1.00 |
Expenses including reductions | 0.92 | 0.91 | 0.93 | 0.95 | 0.99 |
Net investment loss | (0.41) | (0.66) | (0.53) | (0.70) | (0.57) |
Portfolio turnover (%) | 55 | 66 | 98 | 101 | 1653 |
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 | Excludes in-kind transactions. |
20 | JOHN HANCOCK Small Cap Growth Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
ANNUAL REPORT | JOHN HANCOCK Small Cap Growth Fund | 21 |
22 | JOHN HANCOCK Small Cap Growth Fund | ANNUAL REPORT |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $20,992,219 | — |
Long-term capital gains | 138,394,264 | $23,954,477 |
Total | $159,386,483 | $23,954,477 |
ANNUAL REPORT | JOHN HANCOCK Small Cap Growth Fund | 23 |
Class | Expense reduction |
Class A | $1,793 |
Class C | 22 |
Class I | 86 |
Class | Expense reduction |
Class R6 | $17 |
Class NAV | 45,186 |
Total | $47,104 |
24 | JOHN HANCOCK Small Cap Growth Fund | ANNUAL REPORT |
Class | Rule 12b-1 Fee |
Class A | 0.25% |
Class C | 1.00% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $51,987 | $24,063 |
Class C | 2,528 | 292 |
Class I | — | 1,168 |
Class R6 | — | 19 |
Total | $54,515 | $25,542 |
ANNUAL REPORT | JOHN HANCOCK Small Cap Growth Fund | 25 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 659,071 | $12,692,927 | 783,748 | $18,904,291 |
Distributions reinvested | 328,175 | 6,333,781 | 16,638 | 372,190 |
Repurchased | (446,318) | (7,825,477) | (350,959) | (8,640,787) |
Net increase | 540,928 | $11,201,231 | 449,427 | $10,635,694 |
Class C shares | ||||
Sold | 5,893 | $106,067 | 7,261 | $169,169 |
Distributions reinvested | 3,558 | 65,970 | 340 | 7,442 |
Repurchased | (4,911) | (83,789) | (8,182) | (197,218) |
Net increase (decrease) | 4,540 | $88,248 | (581) | $(20,607) |
Class I shares | ||||
Sold | 87,812 | $1,652,996 | 7,393 | $176,197 |
Distributions reinvested | 10,084 | 196,941 | 999 | 22,483 |
Repurchased | (62,620) | (1,084,030) | (7,978) | (191,405) |
Net increase | 35,276 | $765,907 | 414 | $7,275 |
Class R6 shares | ||||
Sold | 18,589 | $333,066 | 94 | $2,339 |
Distributions reinvested | 86 | 1,691 | 2 | 41 |
Repurchased | (1,157) | (16,556) | (56) | (1,412) |
Net increase | 17,518 | $318,201 | 40 | $968 |
Class NAV shares | ||||
Sold | 2,605,686 | $42,327,577 | 1,341,431 | $32,650,406 |
Distributions reinvested | 7,765,456 | 152,746,529 | 1,041,460 | 23,547,407 |
Repurchased | (5,358,633) | (113,108,120) | (8,814,095) | (214,117,565) |
Net increase (decrease) | 5,012,509 | $81,965,986 | (6,431,204) | $(157,919,752) |
Total net increase (decrease) | 5,610,771 | $94,339,573 | (5,981,904) | $(147,296,422) |
26 | JOHN HANCOCK Small Cap Growth Fund | ANNUAL REPORT |
Portfolio | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 29.2% |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 18.8% |
John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | 15.2% |
John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio | 8.7% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 5.0% |
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* | 1,265,468 | — | $51,489,712 | $(38,836,410) | $(5,674) | $(1,301) | $26,025 | $126 | $12,646,327 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
ANNUAL REPORT | JOHN HANCOCK Small Cap Growth Fund | 27 |
28 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 29 |
30 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
(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; |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 31 |
(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; |
(f) | the advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
32 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
(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 |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 33 |
(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 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 Trust (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 Trust’s Advisor and Subadvisor. |
34 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 35 |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that 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. |
36 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 37 |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
38 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 39 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
40 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 41 |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
42 | JOHN HANCOCK SMALL CAP GROWTH FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Michael J. Mufson, CFA
Ezra S. Samet, CFA
Jennifer K. Silver, CFA
Anthony E. Sutton
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP GROWTH FUND | 43 |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406990 | 470A 8/22 |
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 1 |
2 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2022 (% of net assets) | |
TriMas Corp. | 2.0 |
Huron Consulting Group, Inc. | 2.0 |
Visteon Corp. | 1.9 |
Belden, Inc. | 1.9 |
Element Solutions, Inc. | 1.8 |
Haemonetics Corp. | 1.7 |
Banc of California, Inc. | 1.7 |
CTS Corp. | 1.7 |
Progress Software Corp. | 1.7 |
White Mountains Insurance Group, Ltd. | 1.6 |
TOTAL | 18.0 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A1 | -10.25 | 4.19 | 7.72 | 22.77 | 110.39 |
Class I1,2 | -5.24 | 5.58 | 8.56 | 31.18 | 127.26 |
Class R61,2 | -5.16 | 5.69 | 8.67 | 31.88 | 129.58 |
Class NAV2 | -5.15 | 5.70 | 8.67 | 31.91 | 129.67 |
Index† | -10.18 | 6.56 | 9.49 | 37.37 | 147.67 |
Class A | Class I | Class R6 | Class NAV | |
Gross (%) | 1.46 | 1.16 | 1.05 | 1.04 |
Net (%) | 1.44 | 1.14 | 1.03 | 1.02 |
6 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class I1,2 | 8-31-12 | 22,726 | 22,726 | 24,767 |
Class R61,2 | 8-31-12 | 22,958 | 22,958 | 24,767 |
Class NAV2 | 8-31-12 | 22,967 | 22,967 | 24,767 |
1 | Class A, Class I, and Class R6 shares were first offered on 12-30-13. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 7 |
8 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
Account value on 3-1-2022 | Ending value on 8-31-2022 | Expenses paid during period ended 8-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $918.80 | $6.72 | 1.39% |
Hypothetical example | 1,000.00 | 1,018.20 | 7.07 | 1.39% | |
Class I | Actual expenses/actual returns | 1,000.00 | 920.30 | 5.28 | 1.09% |
Hypothetical example | 1,000.00 | 1,019.70 | 5.55 | 1.09% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 920.40 | 4.74 | 0.98% |
Hypothetical example | 1,000.00 | 1,020.30 | 4.99 | 0.98% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 920.30 | 4.70 | 0.97% |
Hypothetical example | 1,000.00 | 1,020.30 | 4.94 | 0.97% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 9 |
Shares | Value | ||||
Common stocks 97.7% | $534,875,596 | ||||
(Cost $439,093,705) | |||||
Communication services 3.0% | 16,413,054 | ||||
Interactive media and services 2.0% | |||||
Shutterstock, Inc. | 113,627 | 6,296,072 | |||
Ziff Davis, Inc. (A) | 61,342 | 4,740,510 | |||
Media 1.0% | |||||
WideOpenWest, Inc. (A) | 302,049 | 5,376,472 | |||
Consumer discretionary 8.8% | 48,146,276 | ||||
Auto components 2.5% | |||||
Gentherm, Inc. (A) | 55,586 | 3,329,601 | |||
Visteon Corp. (A) | 85,292 | 10,220,540 | |||
Hotels, restaurants and leisure 0.9% | |||||
Aramark | 52,702 | 1,881,988 | |||
Wyndham Hotels & Resorts, Inc. | 51,947 | 3,394,217 | |||
Household durables 2.1% | |||||
Century Communities, Inc. | 117,323 | 5,477,811 | |||
Tri Pointe Homes, Inc. (A) | 338,916 | 5,873,414 | |||
Specialty retail 1.6% | |||||
Five Below, Inc. (A) | 7,671 | 980,967 | |||
Monro, Inc. | 166,234 | 7,698,297 | |||
Textiles, apparel and luxury goods 1.7% | |||||
Deckers Outdoor Corp. (A) | 4,352 | 1,399,473 | |||
Kontoor Brands, Inc. | 211,925 | 7,889,968 | |||
Consumer staples 4.6% | 25,481,038 | ||||
Beverages 0.8% | |||||
C&C Group PLC (A) | 2,380,123 | 4,752,761 | |||
Food and staples retailing 1.2% | |||||
United Natural Foods, Inc. (A) | 148,943 | 6,565,407 | |||
Food products 1.2% | |||||
Cranswick PLC | 157,744 | 5,644,303 | |||
Post Holdings, Inc. (A) | 10,141 | 900,115 | |||
Household products 1.4% | |||||
Spectrum Brands Holdings, Inc. | 120,947 | 7,618,452 | |||
Energy 2.8% | 15,151,696 | ||||
Oil, gas and consumable fuels 2.8% | |||||
Brigham Minerals, Inc., Class A | 230,792 | 6,866,062 | |||
Chord Energy Corp. | 38,385 | 5,433,397 | |||
Dorian LPG, Ltd. | 196,030 | 2,852,237 |
10 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Financials 23.3% | $127,733,842 | ||||
Banks 15.9% | |||||
1st Source Corp. | 114,314 | 5,394,478 | |||
Atlantic Union Bankshares Corp. | 160,492 | 5,207,965 | |||
Banc of California, Inc. | 555,939 | 9,384,250 | |||
Berkshire Hills Bancorp, Inc. | 81,265 | 2,292,486 | |||
Cadence Bank | 264,989 | 6,751,920 | |||
Eastern Bankshares, Inc. | 348,597 | 6,762,782 | |||
First Busey Corp. | 253,386 | 5,827,878 | |||
First Citizens BancShares, Inc., Class A | 2,204 | 1,789,560 | |||
First Interstate BancSystem, Inc., Class A | 196,620 | 7,915,921 | |||
Flushing Financial Corp. | 318,410 | 6,575,167 | |||
Hancock Whitney Corp. | 159,332 | 7,684,582 | |||
International Bancshares Corp. | 177,260 | 7,397,060 | |||
National Bank Holdings Corp., Class A | 122,477 | 4,915,002 | |||
Synovus Financial Corp. | 203,260 | 8,162,922 | |||
Webster Financial Corp. | 22,624 | 1,064,459 | |||
Insurance 6.1% | |||||
Assured Guaranty, Ltd. | 118,641 | 6,058,996 | |||
Kemper Corp. | 180,283 | 8,293,018 | |||
ProAssurance Corp. | 279,106 | 5,970,077 | |||
Reinsurance Group of America, Inc. | 12,497 | 1,566,624 | |||
SiriusPoint, Ltd. (A) | 650,589 | 2,908,133 | |||
White Mountains Insurance Group, Ltd. | 6,204 | 8,499,480 | |||
Thrifts and mortgage finance 1.3% | |||||
NMI Holdings, Inc., Class A (A) | 356,117 | 7,311,082 | |||
Health care 4.4% | 24,205,693 | ||||
Health care equipment and supplies 2.9% | |||||
Haemonetics Corp. (A) | 127,510 | 9,567,075 | |||
ICU Medical, Inc. (A) | 40,727 | 6,475,593 | |||
Health care providers and services 1.2% | |||||
Owens & Minor, Inc. | 230,409 | 6,799,370 | |||
Life sciences tools and services 0.3% | |||||
Syneos Health, Inc. (A) | 22,686 | 1,363,655 | |||
Industrials 20.9% | 114,436,206 | ||||
Aerospace and defense 1.1% | |||||
Hexcel Corp. | 100,208 | 5,879,203 | |||
Building products 2.5% | |||||
American Woodmark Corp. (A) | 108,442 | 5,620,549 | |||
The AZEK Company, Inc. (A) | 134,668 | 2,457,691 | |||
Tyman PLC | 2,185,544 | 5,830,305 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 11 |
Shares | Value | ||||
Industrials (continued) | |||||
Commercial services and supplies 4.9% | |||||
ACCO Brands Corp. | 844,673 | $5,008,911 | |||
BrightView Holdings, Inc. (A) | 433,633 | 4,388,366 | |||
Clean Harbors, Inc. (A) | 12,497 | 1,467,398 | |||
SP Plus Corp. (A) | 239,350 | 7,932,059 | |||
UniFirst Corp. | 44,266 | 7,979,389 | |||
Construction and engineering 0.6% | |||||
Primoris Services Corp. | 148,882 | 3,017,838 | |||
Electrical equipment 1.0% | |||||
Thermon Group Holdings, Inc. (A) | 325,233 | 5,707,839 | |||
Machinery 2.1% | |||||
John Bean Technologies Corp. | 54,210 | 5,597,725 | |||
Luxfer Holdings PLC | 372,144 | 6,121,769 | |||
Professional services 6.1% | |||||
CBIZ, Inc. (A) | 14,202 | 620,059 | |||
Huron Consulting Group, Inc. (A) | 164,981 | 11,037,229 | |||
ICF International, Inc. | 83,470 | 8,477,213 | |||
Science Applications International Corp. | 87,343 | 7,954,327 | |||
Sterling Check Corp. (A)(B) | 254,023 | 5,405,609 | |||
Trading companies and distributors 2.6% | |||||
Air Lease Corp. | 203,304 | 7,392,133 | |||
GATX Corp. | 67,701 | 6,540,594 | |||
Information technology 10.3% | 56,496,031 | ||||
Electronic equipment, instruments and components 5.5% | |||||
Belden, Inc. | 154,095 | 10,090,141 | |||
CTS Corp. | 221,229 | 9,362,411 | |||
ePlus, Inc. (A) | 120,298 | 5,668,442 | |||
National Instruments Corp. | 129,762 | 5,159,337 | |||
IT services 1.6% | |||||
Concentrix Corp. | 8,008 | 1,007,246 | |||
WNS Holdings, Ltd., ADR (A) | 93,688 | 7,893,214 | |||
Software 3.2% | |||||
ACI Worldwide, Inc. (A) | 251,654 | 5,964,200 | |||
Digital Turbine, Inc. (A) | 123,041 | 2,272,567 | |||
Progress Software Corp. | 188,624 | 9,078,473 | |||
Materials 8.6% | 46,979,281 | ||||
Chemicals 6.2% | |||||
Axalta Coating Systems, Ltd. (A) | 235,281 | 6,058,486 | |||
Element Solutions, Inc. | 533,508 | 9,960,594 | |||
HB Fuller Company | 85,440 | 5,541,638 | |||
Mativ Holdings, Inc. | 342,969 | 8,100,928 |
12 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Materials (continued) | |||||
Chemicals (continued) | |||||
Orion Engineered Carbons SA | 255,126 | $4,301,424 | |||
Containers and packaging 2.4% | |||||
Sealed Air Corp. | 35,448 | 1,907,457 | |||
TriMas Corp. | 403,661 | 11,108,754 | |||
Real estate 9.2% | 50,134,565 | ||||
Equity real estate investment trusts 9.2% | |||||
Alexander & Baldwin, Inc. | 272,326 | 5,100,666 | |||
Brandywine Realty Trust | 335,113 | 2,690,957 | |||
Centerspace | 81,471 | 6,141,284 | |||
Global Medical REIT, Inc. | 279,464 | 3,029,390 | |||
LXP Industrial Trust | 400,487 | 4,028,899 | |||
Pebblebrook Hotel Trust | 352,391 | 6,209,129 | |||
Phillips Edison & Company, Inc. | 182,447 | 5,960,543 | |||
Piedmont Office Realty Trust, Inc., Class A | 476,555 | 5,613,818 | |||
PotlatchDeltic Corp. | 97,144 | 4,509,424 | |||
RPT Realty | 711,366 | 6,850,455 | |||
Utilities 1.8% | 9,697,914 | ||||
Gas utilities 1.8% | |||||
New Jersey Resources Corp. | 108,579 | 4,792,677 | |||
Spire, Inc. | 50,664 | 3,540,907 | |||
UGI Corp. | 34,540 | 1,364,330 | |||
Yield (%) | Shares | Value | |||
Short-term investments 2.4% | $13,514,622 | ||||
(Cost $13,515,057) | |||||
Short-term funds 0.3% | 1,914,622 | ||||
John Hancock Collateral Trust (C) | 2.3160(D) | 191,589 | 1,914,622 |
Par value^ | Value | ||||
Repurchase agreement 2.1% | 11,600,000 | ||||
Deutsche Bank Tri-Party Repurchase Agreement dated 8-31-22 at 2.250% to be repurchased at $11,600,725 on 9-1-22, collateralized by $12,106,700 U.S. Treasury Notes, 2.750% due 7-31-27 (valued at $11,832,079) | 11,600,000 | 11,600,000 |
Total investments (Cost $452,608,762) 100.1% | $548,390,218 | ||||
Other assets and liabilities, net (0.1%) | (809,795) | ||||
Total net assets 100.0% | $547,580,423 |
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. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 13 |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 8-31-22. |
(C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(D) | The rate shown is the annualized seven-day yield as of 8-31-22. |
14 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $450,693,705) including $1,878,294 of securities loaned | $546,475,596 |
Affiliated investments, at value (Cost $1,915,057) | 1,914,622 |
Total investments, at value (Cost $452,608,762) | 548,390,218 |
Cash | 18,495 |
Foreign currency, at value (Cost $55) | 54 |
Dividends and interest receivable | 986,181 |
Receivable for fund shares sold | 221,254 |
Receivable for investments sold | 179,643 |
Receivable for securities lending income | 559 |
Receivable from affiliates | 1,242 |
Other assets | 49,346 |
Total assets | 549,846,992 |
Liabilities | |
Payable for investments purchased | 126,626 |
Payable for fund shares repurchased | 61,211 |
Payable upon return of securities loaned | 1,916,736 |
Payable to affiliates | |
Accounting and legal services fees | 20,882 |
Transfer agent fees | 11,602 |
Trustees’ fees | 514 |
Other liabilities and accrued expenses | 128,998 |
Total liabilities | 2,266,569 |
Net assets | $547,580,423 |
Net assets consist of | |
Paid-in capital | $379,563,861 |
Total distributable earnings (loss) | 168,016,562 |
Net assets | $547,580,423 |
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 ($39,301,756 ÷ 1,939,935 shares)1 | $20.26 |
Class I ($61,657,843 ÷ 3,033,161 shares) | $20.33 |
Class R6 ($28,024,861 ÷ 1,377,691 shares) | $20.34 |
Class NAV ($418,595,963 ÷ 20,597,016 shares) | $20.32 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $21.33 |
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 | ANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 15 |
Investment income | |
Dividends | $12,768,439 |
Interest | 55,741 |
Securities lending | 5,749 |
Less foreign taxes withheld | (4,082) |
Total investment income | 12,825,847 |
Expenses | |
Investment management fees | 6,695,832 |
Distribution and service fees | 117,113 |
Accounting and legal services fees | 103,543 |
Transfer agent fees | 120,338 |
Trustees’ fees | 12,127 |
Custodian fees | 111,615 |
State registration fees | 64,982 |
Printing and postage | 13,030 |
Professional fees | 77,834 |
Other | 36,491 |
Total expenses | 7,352,905 |
Less expense reductions | (189,053) |
Net expenses | 7,163,852 |
Net investment income | 5,661,995 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 121,418,300 |
Affiliated investments | (1,742) |
121,416,558 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (156,006,622) |
Affiliated investments | (435) |
(156,007,057) | |
Net realized and unrealized loss | (34,590,499) |
Decrease in net assets from operations | $(28,928,504) |
16 | JOHN HANCOCK Small Cap Value Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Year ended 8-31-22 | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $5,661,995 | $4,388,671 |
Net realized gain | 121,416,558 | 66,929,103 |
Change in net unrealized appreciation (depreciation) | (156,007,057) | 226,891,898 |
Increase (decrease) in net assets resulting from operations | (28,928,504) | 298,209,672 |
Distributions to shareholders | ||
From earnings | ||
Class A | (4,219,390) | (16,630) |
Class I | (7,084,965) | (162,763) |
Class R6 | (2,957,516) | (62,306) |
Class NAV | (75,220,925) | (2,647,099) |
Total distributions | (89,482,796) | (2,888,798) |
From fund share transactions | (151,154,269) | (94,645,981) |
Total increase (decrease) | (269,565,569) | 200,674,893 |
Net assets | ||
Beginning of year | 817,145,992 | 616,471,099 |
End of year | $547,580,423 | $817,145,992 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 17 |
CLASS A SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $24.09 | $16.01 | $19.54 | $23.06 | $20.15 |
Net investment income1 | 0.10 | 0.04 | 0.04 | 0.12 | 0.03 |
Net realized and unrealized gain (loss) on investments | (1.26) | 8.05 | (2.78) | (2.83) | 4.00 |
Total from investment operations | (1.16) | 8.09 | (2.74) | (2.71) | 4.03 |
Less distributions | |||||
From net investment income | (0.03) | (0.01) | (0.12) | (0.07) | (0.11) |
From net realized gain | (2.64) | — | (0.67) | (0.74) | (1.01) |
Total distributions | (2.67) | (0.01) | (0.79) | (0.81) | (1.12) |
Net asset value, end of period | $20.26 | $24.09 | $16.01 | $19.54 | $23.06 |
Total return (%)2,3 | (5.51) | 50.56 | (15.04) | (11.28) | 20.52 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $39 | $36 | $22 | $31 | $45 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.41 | 1.41 | 1.47 | 1.46 | 1.50 |
Expenses including reductions | 1.39 | 1.39 | 1.46 | 1.46 | 1.49 |
Net investment income | 0.45 | 0.20 | 0.24 | 0.60 | 0.14 |
Portfolio turnover (%) | 41 | 34 | 46 | 29 | 25 |
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. |
18 | JOHN HANCOCK Small Cap Value Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $24.17 | $16.05 | $19.58 | $23.13 | $20.20 |
Net investment income1 | 0.16 | 0.11 | 0.09 | 0.18 | 0.09 |
Net realized and unrealized gain (loss) on investments | (1.26) | 8.07 | (2.77) | (2.86) | 4.03 |
Total from investment operations | (1.10) | 8.18 | (2.68) | (2.68) | 4.12 |
Less distributions | |||||
From net investment income | (0.10) | (0.06) | (0.18) | (0.13) | (0.18) |
From net realized gain | (2.64) | — | (0.67) | (0.74) | (1.01) |
Total distributions | (2.74) | (0.06) | (0.85) | (0.87) | (1.19) |
Net asset value, end of period | $20.33 | $24.17 | $16.05 | $19.58 | $23.13 |
Total return (%)2 | (5.24) | 51.06 | (14.77) | (11.08) | 20.93 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $62 | $61 | $72 | $93 | $108 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.11 | 1.11 | 1.17 | 1.18 | 1.20 |
Expenses including reductions | 1.09 | 1.08 | 1.16 | 1.17 | 1.20 |
Net investment income | 0.75 | 0.53 | 0.53 | 0.91 | 0.42 |
Portfolio turnover (%) | 41 | 34 | 46 | 29 | 25 |
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 | ANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 19 |
CLASS R6 SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $24.19 | $16.06 | $19.59 | $23.14 | $20.21 |
Net investment income1 | 0.19 | 0.13 | 0.11 | 0.20 | 0.11 |
Net realized and unrealized gain (loss) on investments | (1.27) | 8.08 | (2.77) | (2.85) | 4.03 |
Total from investment operations | (1.08) | 8.21 | (2.66) | (2.65) | 4.14 |
Less distributions | |||||
From net investment income | (0.13) | (0.08) | (0.20) | (0.16) | (0.20) |
From net realized gain | (2.64) | — | (0.67) | (0.74) | (1.01) |
Total distributions | (2.77) | (0.08) | (0.87) | (0.90) | (1.21) |
Net asset value, end of period | $20.34 | $24.19 | $16.06 | $19.59 | $23.14 |
Total return (%)2 | (5.16) | 51.22 | (14.69) | (10.95) | 21.03 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $28 | $25 | $12 | $10 | $14 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.01 | 1.00 | 1.05 | 1.06 | 1.10 |
Expenses including reductions | 0.98 | 0.98 | 1.04 | 1.06 | 1.09 |
Net investment income | 0.85 | 0.60 | 0.63 | 1.00 | 0.50 |
Portfolio turnover (%) | 41 | 34 | 46 | 29 | 25 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
20 | JOHN HANCOCK Small Cap Value Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $24.17 | $16.05 | $19.57 | $23.12 | $20.20 |
Net investment income1 | 0.18 | 0.13 | 0.11 | 0.21 | 0.11 |
Net realized and unrealized gain (loss) on investments | (1.25) | 8.07 | (2.76) | (2.86) | 4.02 |
Total from investment operations | (1.07) | 8.20 | (2.65) | (2.65) | 4.13 |
Less distributions | |||||
From net investment income | (0.14) | (0.08) | (0.20) | (0.16) | (0.20) |
From net realized gain | (2.64) | — | (0.67) | (0.74) | (1.01) |
Total distributions | (2.78) | (0.08) | (0.87) | (0.90) | (1.21) |
Net asset value, end of period | $20.32 | $24.17 | $16.05 | $19.57 | $23.12 |
Total return (%)2 | (5.15) | 51.20 | (14.64) | (10.95) | 21.01 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $419 | $695 | $510 | $470 | $365 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.00 | 0.99 | 1.04 | 1.05 | 1.09 |
Expenses including reductions | 0.97 | 0.97 | 1.03 | 1.04 | 1.08 |
Net investment income | 0.82 | 0.60 | 0.63 | 1.07 | 0.52 |
Portfolio turnover (%) | 41 | 34 | 46 | 29 | 25 |
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 | ANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 21 |
22 | JOHN HANCOCK Small Cap Value Fund | ANNUAL REPORT |
Total value at 8-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $16,413,054 | $16,413,054 | — | — |
Consumer discretionary | 48,146,276 | 48,146,276 | — | — |
Consumer staples | 25,481,038 | 15,083,974 | $10,397,064 | — |
Energy | 15,151,696 | 15,151,696 | — | — |
Financials | 127,733,842 | 127,733,842 | — | — |
Health care | 24,205,693 | 24,205,693 | — | — |
Industrials | 114,436,206 | 108,605,901 | 5,830,305 | — |
Information technology | 56,496,031 | 56,496,031 | — | — |
Materials | 46,979,281 | 46,979,281 | — | — |
Real estate | 50,134,565 | 50,134,565 | — | — |
Utilities | 9,697,914 | 9,697,914 | — | — |
Short-term investments | 13,514,622 | 1,914,622 | 11,600,000 | — |
Total investments in securities | $548,390,218 | $520,562,849 | $27,827,369 | — |
ANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 23 |
24 | JOHN HANCOCK Small Cap Value Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 25 |
August 31, 2022 | August 31, 2021 | |
Ordinary income | $36,519,782 | $2,888,798 |
Long-term capital gains | 52,963,014 | — |
Total | $89,482,796 | $2,888,798 |
26 | JOHN HANCOCK Small Cap Value Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $11,121 |
Class I | 17,707 |
Class R6 | 7,764 |
Class | Expense reduction |
Class NAV | $152,461 |
Total | $189,053 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
ANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 27 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $117,113 | $45,322 |
Class I | — | 72,553 |
Class R6 | — | 2,463 |
Total | $117,113 | $120,338 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Borrower | $10,600,000 | 1 | 0.54% | ($159) |
Lender | $7,500,000 | 1 | 0.665% | $139 |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 506,322 | $11,209,313 | 437,184 | $9,574,057 |
Distributions reinvested | 193,525 | 4,191,751 | 829 | 16,487 |
Repurchased | (274,921) | (6,038,393) | (324,512) | (6,418,244) |
Net increase | 424,926 | $9,362,671 | 113,501 | $3,172,300 |
28 | JOHN HANCOCK Small Cap Value Fund | ANNUAL REPORT |
Year Ended 8-31-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class I shares | ||||
Sold | 506,795 | $11,266,708 | 382,404 | $7,935,044 |
Distributions reinvested | 326,432 | 7,080,307 | 8,164 | 162,622 |
Repurchased | (305,152) | (6,694,710) | (2,386,923) | (39,754,342) |
Net increase (decrease) | 528,075 | $11,652,305 | (1,996,355) | $(31,656,676) |
Class R6 shares | ||||
Sold | 489,474 | $10,736,747 | 498,192 | $10,835,905 |
Distributions reinvested | 136,233 | 2,953,529 | 3,065 | 61,047 |
Repurchased | (272,244) | (5,980,865) | (220,743) | (4,578,495) |
Net increase | 353,463 | $7,709,411 | 280,514 | $6,318,457 |
Class NAV shares | ||||
Sold | 509,933 | $11,807,712 | 4,630,551 | $91,395,924 |
Distributions reinvested | 3,472,804 | 75,220,925 | 132,953 | 2,647,099 |
Repurchased | (12,155,845) | (266,907,293) | (7,764,839) | (166,523,085) |
Net decrease | (8,173,108) | $(179,878,656) | (3,001,335) | $(72,480,062) |
Total net decrease | (6,866,644) | $(151,154,269) | (4,603,675) | $(94,645,981) |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 27.2% |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 20.2% |
John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | 13.4% |
ANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 29 |
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* | 191,589 | — | $18,105,069 | $(16,188,270) | $(1,742) | $(435) | $5,749 | — | $1,914,622 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
30 | JOHN HANCOCK Small Cap Value Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 31 |
32 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 33 |
(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; |
34 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
(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; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | 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. |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 35 |
(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. |
36 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
(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) | 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 Trust (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 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 Trust’s Advisor and Subadvisor. |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 37 |
(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; |
38 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that 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. |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 39 |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
40 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 41 |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2005 | 192 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 192 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2005 | 192 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2012 | 192 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 192 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). | ||
Grace K. Fey, Born: 1946 | 2008 | 192 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
42 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Dean C. Garfield,* Born: 1968 | 2022 | 192 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). | ||
Deborah C. Jackson, Born: 1952 | 2012 | 192 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Patricia Lizarraga,2,* Born: 1966 | 2022 | 192 |
Trustee | ||
Founder, Chief Executive Officer, Hypatia Capital Group (advisory and asset management company) (since 2007); Independent Director, Audit Committee Chair, and Risk Committee Member, Credicorp, Ltd. (since 2017); Independent Director, Audit Committee Chair, Banco De Credito Del Peru (since 2017); Trustee, Museum of Art of Lima (since 2009). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 192 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 192 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 43 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Gregory A. Russo, Born: 1949 | 2012 | 192 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 192 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Marianne Harrison, Born: 1963 | 2018 | 192 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). | ||
Paul Lorentz,† Born: 1968 | 2022 | 192 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). |
44 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
ANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 45 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison†
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz‡
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Timothy J. McCormack, CFA1
Shaun F. Pedersen
Danielle S. Williams, CFA
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
46 | JOHN HANCOCK SMALL CAP VALUE FUND | ANNUAL REPORT |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2406991 | 439A 8/22 |
ITEM 2. CODE OF ETHICS.
(a)As of the end of the fiscal year August 31, 2022 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 is the audit committee financial expert, effective March 25, 2022, and is "independent", pursuant to general instructions on Form N-CSR Item 3.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a) Audit fees:
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 the following for the fiscal years ended August 31, 2022 and 2021. These fees were billed to the registrant and were approved by the registrant's audit committee:
2022: $567,502
2021: $537,977
(b) Audit-related services
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, security counts pursuant to Rule 17f-2 under the Investment Company Act of 1940, and reviews related to supplemental regulatory filings. Amounts billed to the registrant for the fiscal years ended August 31, 2022 and 2021 were as follows:
2022: $16,170
2021: $15,421
Amounts billed to control affiliates were $129,201 and $116,000 for the fiscal years ended August 31, 2022 and 2021, respectively.
(c) Tax Fees
The aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning ("tax fees") amounted to the following for the fiscal years ended August 31, 2022 and 2021. 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.
2022: $8,777
2021: $8,914
(d) All Other Fees
The nature of the services comprising all other fees is advisory services provided to the investment manager. Other fees amounted to the following for the fiscal years ended August 31, 2022 and 2021:
2022: $4,125
2021: $1,178
(e)(1) Audit Committee Pre-Approval Policies and Procedures:
The Trust'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 Trust'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, 2022, 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)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 $801,748 for the fiscal year ended August 31, 2022 and $1,076,460 for the fiscal year ended August 31, 2021.
(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-appr,076oved are compatible with maintaining the principal accountant's independence.
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, effective March 25, 2022
Peter S. Burgess
William H. Cunningham
ITEM 6. SCHEDULE OF INVESTMENTS.
(a)This schedule is included as part of the Report to shareholders filed under Item 1 of this form, except for John Hancock Emerging Markets Fund and John Hancock International Small Company Fund which follow:
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of John Hancock Funds II and Shareholders of John Hancock Emerging Markets Fund
Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the fund's investments (summary of fund's investments), of John Hancock Emerging Markets Fund (one of the funds constituting John Hancock Funds II, referred to hereafter as the "Fund") as of August 31, 2022, the related statement of operations for the year ended August 31, 2022, the statements of changes in net assets for each of the two years in the period ended August 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended August 31, 2022 (included in Item 1 of this Form N-CSR) and the fund's investments (included in Item 6 of this Form N-CSR) as of August 31, 2022 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of August 31, 2022, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended August 31, 2022 and the financial highlights for each of the five years in the period ended August 31, 2022 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of August 31, 2022 by correspondence with the custodian, transfer agent and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
Boston, Massachusetts
October 11, 2022
We have served as the auditor of one or more investment companies in the John Hancock group of Funds since 1988.
PricewaterhouseCoopers LLP, 101 Seaport Boulevard, Suite 500, Boston, MA 02210
T: (617) 530 5000, F: (617) 530 5001, www.pwc.com/us
Shares | Value | ||||
Common stocks 98.3% | $156,148,646 | ||||
(Cost $150,360,966) | |||||
Australia 0.0% | 48,147 | ||||
MMG, Ltd. (A) | 176,000 | 48,147 | |||
Belgium 0.0% | 15,491 | ||||
Titan Cement International SA (A) | 1,302 | 15,491 | |||
Brazil 4.0% | 6,408,237 | ||||
AES Brasil Energia SA | 6,779 | 12,640 | |||
Aliansce Sonae Shopping Centers SA | 3,800 | 12,841 | |||
Alliar Medicos A Frente SA (A) | 3,900 | 15,068 | |||
Alupar Investimento SA | 7,050 | 38,554 | |||
Ambev SA, ADR | 19,208 | 55,703 | |||
Americanas SA | 13,956 | 43,834 | |||
Anima Holding SA (A) | 17,000 | 16,535 | |||
Arezzo Industria e Comercio SA | 991 | 17,601 | |||
Atacadao SA | 7,500 | 28,472 | |||
Auren Energia SA | 12,504 | 36,942 | |||
B3 SA - Brasil Bolsa Balcao | 39,034 | 88,911 | |||
Banco Bradesco SA | 15,359 | 46,764 | |||
Banco BTG Pactual SA | 6,908 | 33,794 | |||
Banco do Brasil SA | 9,337 | 74,823 | |||
Banco Modal SA | 7,300 | 11,394 | |||
Banco Santander Brasil SA | 7,100 | 40,083 | |||
BB Seguridade Participacoes SA | 8,229 | 44,732 | |||
BR Malls Participacoes SA | 28,804 | 45,678 | |||
BR Properties SA | 8,524 | 13,403 | |||
BrasilAgro - Company Brasileira de Propriedades Agricolas | 2,247 | 12,370 | |||
Braskem SA, ADR | 2,571 | 30,389 | |||
BRF SA (A) | 25,073 | 76,389 | |||
Caixa Seguridade Participacoes S/A | 6,600 | 11,557 | |||
Camil Alimentos SA | 11,340 | 21,819 | |||
CCR SA | 44,869 | 118,934 | |||
Centrais Eletricas Brasileiras SA | 6,211 | 55,049 | |||
Cia Brasileira de Aluminio | 5,000 | 12,350 | |||
Cia Brasileira de Distribuicao | 8,517 | 35,509 | |||
Cia de Saneamento Basico do Estado de Sao Paulo | 6,199 | 58,565 | |||
Cia de Saneamento de Minas Gerais-COPASA | 4,505 | 11,690 | |||
Cia de Saneamento do Parana | 35,000 | 22,403 | |||
Cia de Saneamento do Parana, Unit | 8,545 | 28,432 | |||
Cia Energetica de Minas Gerais | 11,172 | 39,385 | |||
Cia Paranaense de Energia | 12,200 | 15,384 | |||
Cia Paranaense de Energia, Unit | 3,200 | 21,252 |
1 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Brazil (continued) | |||||
Cia Siderurgica Nacional SA | 20,797 | $55,167 | |||
Cielo SA | 73,815 | 78,038 | |||
Cogna Educacao (A) | 79,561 | 37,927 | |||
Construtora Tenda SA (A) | 3,166 | 3,554 | |||
Cosan SA | 6,572 | 25,240 | |||
CPFL Energia SA | 3,200 | 21,510 | |||
Cury Construtora e Incorporadora SA | 6,327 | 10,909 | |||
Cyrela Brazil Realty SA Empreendimentos e Participacoes | 7,530 | 20,495 | |||
Dexco SA (A) | 15,551 | 29,414 | |||
Diagnosticos da America SA | 5,500 | 22,201 | |||
Dimed SA Distribuidora da Medicamentos | 6,500 | 15,443 | |||
Direcional Engenharia SA | 8,400 | 20,910 | |||
EcoRodovias Infraestrutura e Logistica SA (A) | 9,993 | 11,256 | |||
EDP - Energias do Brasil SA | 10,367 | 45,215 | |||
Embraer SA (A) | 34,400 | 91,382 | |||
Enauta Participacoes SA | 7,100 | 22,805 | |||
Energisa SA | 4,868 | 39,572 | |||
Eneva SA (A) | 18,759 | 55,890 | |||
Engie Brasil Energia SA | 3,893 | 30,306 | |||
Equatorial Energia SA | 21,587 | 100,333 | |||
Even Construtora e Incorporadora SA | 7,057 | 8,058 | |||
Ez Tec Empreendimentos e Participacoes SA | 2,411 | 8,370 | |||
Fleury SA | 4,465 | 13,526 | |||
Gerdau SA, ADR | 15,692 | 70,771 | |||
Getnet Adquirencia e Servicos para Meios de Pagamento SA | 950 | 847 | |||
GPS Participacoes e Empreendimentos SA (B) | 9,900 | 25,880 | |||
Grendene SA | 9,503 | 13,956 | |||
Grupo Mateus SA (A) | 9,496 | 11,719 | |||
Grupo SBF SA | 2,300 | 9,686 | |||
Guararapes Confeccoes SA | 5,552 | 9,818 | |||
Hapvida Participacoes e Investimentos S/A (B) | 45,498 | 63,668 | |||
Hypera SA | 4,632 | 38,348 | |||
Instituto Hermes Pardini SA | 2,600 | 9,800 | |||
Inter & Company, Inc., BDR | 0 | 1 | |||
International Meal Company Alimentacao SA (A) | 20,154 | 7,748 | |||
Iochpe Maxion SA | 8,200 | 21,436 | |||
Irani Papel e Embalagem SA | 8,200 | 11,995 | |||
IRB Brasil Resseguros S/A (A) | 27,087 | 8,539 | |||
Itau Unibanco Holding SA | 3,951 | 16,814 | |||
Jalles Machado SA | 7,000 | 10,118 | |||
JBS SA | 21,536 | 122,492 | |||
JHSF Participacoes SA | 17,839 | 21,260 | |||
Kepler Weber SA | 7,500 | 30,462 | |||
Klabin SA | 29,118 | 105,392 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 2 |
Shares | Value | ||||
Brazil (continued) | |||||
Light SA | 11,300 | $12,294 | |||
Localiza Rent a Car SA | 11,384 | 133,087 | |||
LOG Commercial Properties e Participacoes SA | 4,489 | 23,082 | |||
Lojas Quero Quero S/A | 7,821 | 10,148 | |||
Lojas Renner SA | 4,849 | 24,672 | |||
M Dias Branco SA | 2,200 | 17,875 | |||
Magazine Luiza SA (A) | 23,965 | 19,670 | |||
Mahle-Metal Leve SA | 2,100 | 9,809 | |||
Marfrig Global Foods SA | 8,700 | 21,991 | |||
Marisa Lojas SA (A) | 9,006 | 4,380 | |||
Mills Estruturas e Servicos de Engenharia SA | 5,000 | 9,582 | |||
Minerva SA | 11,500 | 34,153 | |||
Movida Participacoes SA | 7,600 | 20,072 | |||
MRV Engenharia e Participacoes SA | 13,204 | 26,066 | |||
Multilaser Industrial SA | 18,229 | 16,819 | |||
Multiplan Empreendimentos Imobiliarios SA | 8,400 | 38,913 | |||
Natura & Company Holding SA | 22,112 | 61,290 | |||
Neoenergia SA | 2,893 | 9,192 | |||
Odontoprev SA | 8,919 | 15,412 | |||
Omega Energia SA (A) | 7,070 | 15,275 | |||
Pet Center Comercio e Participacoes SA | 11,000 | 22,899 | |||
Petro Rio SA (A) | 11,300 | 59,319 | |||
Petroleo Brasileiro SA | 106,544 | 761,233 | |||
Porto Seguro SA | 12,168 | 49,375 | |||
Portobello SA | 64 | 122 | |||
Positivo Tecnologia SA | 11,300 | 25,804 | |||
Qualicorp Consultoria e Corretora de Seguros SA | 8,857 | 16,378 | |||
Raia Drogasil SA | 14,740 | 61,653 | |||
Rede D’Or Sao Luiz SA (B) | 3,000 | 19,220 | |||
Romi SA | 4,439 | 11,519 | |||
Rumo SA | 12,800 | 49,725 | |||
Santos Brasil Participacoes SA | 8,100 | 12,549 | |||
Sao Martinho SA | 7,385 | 45,226 | |||
Sendas Distribuidora SA | 16,485 | 58,273 | |||
Ser Educacional SA (B) | 3,448 | 4,142 | |||
SIMPAR SA | 7,879 | 16,205 | |||
SLC Agricola SA | 5,227 | 48,830 | |||
Sul America SA | 10,873 | 51,623 | |||
Suzano SA | 18,526 | 157,612 | |||
SYN prop e tech SA | 2,100 | 1,841 | |||
Telefonica Brasil SA | 5,999 | 47,439 | |||
TIM SA | 20,400 | 46,389 | |||
TOTVS SA | 12,293 | 67,462 | |||
Transmissora Alianca de Energia Eletrica SA | 13,511 | 108,246 |
3 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Brazil (continued) | |||||
Tupy SA | 4,722 | $24,244 | |||
Ultrapar Participacoes SA | 20,753 | 53,973 | |||
Unipar Carbocloro SA | 2,060 | 36,421 | |||
Usinas Siderurgicas de Minas Gerais SA | 5,100 | 7,960 | |||
Vale SA | 93,657 | 1,161,171 | |||
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 3,921 | 10,635 | |||
Vibra Energia SA | 18,145 | 64,036 | |||
Vivara Participacoes SA | 1,900 | 9,258 | |||
Vulcabras Azaleia SA | 5,665 | 15,637 | |||
WEG SA | 12,438 | 67,636 | |||
Wilson Sons Holdings Brasil SA | 8,300 | 14,119 | |||
XP, Inc., BDR (A) | 360 | 6,882 | |||
YDUQS Participacoes SA | 13,130 | 31,068 | |||
Zamp SA (A) | 7,220 | 10,811 | |||
Canada 0.0% | 11,989 | ||||
China Gold International Resources Corp., Ltd. | 4,200 | 11,989 | |||
Chile 0.6% | 963,781 | ||||
Aguas Andinas SA, Class A | 72,703 | 15,927 | |||
Banco de Chile | 146,860 | 13,933 | |||
Banco de Chile, ADR | 1,901 | 36,518 | |||
Banco de Credito e Inversiones SA | 915 | 26,959 | |||
Banco Santander Chile | 837,154 | 33,626 | |||
Besalco SA | 30,504 | 11,572 | |||
CAP SA | 3,915 | 31,586 | |||
Cementos BIO BIO SA | 2,795 | 2,043 | |||
Cencosud SA | 32,152 | 44,950 | |||
Cencosud Shopping SA | 10,584 | 14,998 | |||
Cia Cervecerias Unidas SA | 3,168 | 17,216 | |||
Cia Sud Americana de Vapores SA | 256,959 | 24,184 | |||
Colbun SA | 184,862 | 18,027 | |||
Cristalerias de Chile SA | 40,829 | 139,650 | |||
Empresa Nacional de Telecomunicaciones SA | 7,933 | 25,226 | |||
Empresas CMPC SA | 21,538 | 40,853 | |||
Empresas COPEC SA | 5,581 | 48,141 | |||
Enel Americas SA | 244,746 | 26,516 | |||
Engie Energia Chile SA (A) | 23,657 | 13,066 | |||
Falabella SA | 6,902 | 16,264 | |||
Forus SA | 5,056 | 7,052 | |||
Grupo Security SA | 64,841 | 10,273 | |||
Hortifrut SA | 2,899 | 2,733 | |||
Inversiones Aguas Metropolitanas SA | 29,967 | 15,146 | |||
Inversiones La Construccion SA | 2,123 | 8,291 | |||
Itau CorpBanca Chile SA | 5,398,734 | 12,047 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 4 |
Shares | Value | ||||
Chile (continued) | |||||
Molibdenos y Metales SA | 7,542 | $34,493 | |||
Multiexport Foods, Inc. (A) | 12,750 | 4,766 | |||
Parque Arauco SA | 17,834 | 18,855 | |||
PAZ Corp. SA | 60,171 | 23,162 | |||
Plaza SA | 6,102 | 6,839 | |||
Ripley Corp. SA | 79,393 | 14,528 | |||
Salfacorp SA | 20,240 | 7,215 | |||
Sigdo Koppers SA | 64,066 | 62,976 | |||
SMU SA | 80,372 | 8,734 | |||
Sociedad Matriz SAAM SA | 389,760 | 26,088 | |||
Sociedad Quimica y Minera de Chile SA, ADR | 293 | 29,206 | |||
Socovesa SA | 306,550 | 39,505 | |||
SONDA SA | 29,383 | 11,966 | |||
Vina Concha y Toro SA | 15,327 | 18,651 | |||
China 24.0% | 38,163,682 | ||||
360 DigiTech, Inc., ADR | 4,780 | 76,384 | |||
360 Security Technology, Inc., Class A | 6,800 | 7,192 | |||
361 Degrees International, Ltd. (A) | 46,000 | 23,505 | |||
37 Interactive Entertainment Network Technology Group Company, Ltd., Class A | 6,900 | 20,252 | |||
3SBio, Inc. (B) | 76,000 | 50,529 | |||
AAC Technologies Holdings, Inc. | 40,500 | 75,031 | |||
Accelink Technologies Company, Ltd., Class A | 7,200 | 18,280 | |||
Advanced Technology & Materials Company, Ltd., Class A (A) | 18,200 | 22,284 | |||
AECC Aviation Power Company, Ltd., Class A | 2,400 | 15,949 | |||
Agile Group Holdings, Ltd. | 59,250 | 20,749 | |||
Agricultural Bank of China, Ltd., H Shares | 526,000 | 171,877 | |||
Aier Eye Hospital Group Company, Ltd., Class A | 6,755 | 28,701 | |||
Air China, Ltd., H Shares (A) | 32,000 | 25,634 | |||
Airtac International Group (A) | 2,816 | 75,508 | |||
AK Medical Holdings, Ltd. (B) | 14,000 | 12,138 | |||
Alibaba Group Holding, Ltd. (A) | 77,300 | 922,231 | |||
Alibaba Group Holding, Ltd., ADR (A) | 11,493 | 1,096,547 | |||
A-Living Smart City Services Company, Ltd. (B) | 43,750 | 45,066 | |||
Aluminum Corp. of China, Ltd., H Shares | 162,000 | 59,861 | |||
Amlogic Shanghai Company, Ltd., Class A (A) | 1,382 | 17,215 | |||
Angang Steel Company, Ltd., H Shares | 70,200 | 21,936 | |||
Angel Yeast Company, Ltd., Class A | 2,600 | 18,264 | |||
Anhui Anke Biotechnology Group Company, Ltd., Class A | 11,600 | 15,651 | |||
Anhui Conch Cement Company, Ltd., H Shares | 38,500 | 146,718 | |||
Anhui Expressway Company, Ltd., H Shares | 20,000 | 14,518 | |||
Anhui Gujing Distillery Company, Ltd., Class A | 600 | 22,141 | |||
Anhui Honglu Steel Construction Group Company, Ltd., Class A | 2,860 | 11,963 |
5 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Anhui Huilong Agricultural Means of Production Company, Ltd., Class A | 13,300 | $20,699 | |||
Anhui Jiangnan Chemical Industry Company, Ltd., Class A | 25,600 | 19,566 | |||
Anhui Jinhe Industrial Company, Ltd., Class A | 1,700 | 10,565 | |||
Anhui Kouzi Distillery Company, Ltd., Class A | 2,200 | 16,089 | |||
Anhui Truchum Advanced Materials & Technology Company, Ltd., Class A | 15,600 | 21,183 | |||
Anhui Yingjia Distillery Company, Ltd., Class A | 2,700 | 20,908 | |||
Anhui Zhongding Sealing Parts Company, Ltd., Class A | 8,600 | 20,223 | |||
Anjoy Foods Group Company, Ltd., Class A | 800 | 17,946 | |||
ANTA Sports Products, Ltd. | 21,000 | 252,891 | |||
Anton Oilfield Services Group (A) | 144,000 | 8,525 | |||
Aowei Holdings, Ltd. (A)(C) | 9,116,000 | 523,241 | |||
Apeloa Pharmaceutical Company, Ltd., Class A | 1,900 | 4,959 | |||
Asia Cement China Holdings Corp. | 36,500 | 18,251 | |||
AsiaInfo Technologies, Ltd. (B) | 14,800 | 21,224 | |||
Asymchem Laboratories Tianjin Company, Ltd., Class A | 560 | 13,900 | |||
Autel Intelligent Technology Corp, Ltd., Class A | 1,143 | 4,739 | |||
Autobio Diagnostics Company, Ltd., Class A | 1,400 | 9,357 | |||
Avary Holding Shenzhen Company, Ltd., Class A | 4,100 | 17,540 | |||
AviChina Industry & Technology Company, Ltd., H Shares | 143,000 | 69,603 | |||
Bafang Electric Suzhou Company, Ltd., Class A | 900 | 19,134 | |||
BAIC Motor Corp., Ltd., H Shares (B) | 84,000 | 23,123 | |||
Baidu, Inc., ADR (A) | 1,238 | 178,235 | |||
Baidu, Inc., Class A (A) | 2,600 | 46,412 | |||
BAIOO Family Interactive, Ltd. (B) | 78,000 | 4,016 | |||
Bank of Beijing Company, Ltd., Class A | 30,400 | 18,185 | |||
Bank of Chengdu Company, Ltd., Class A | 11,400 | 25,871 | |||
Bank of China, Ltd., H Shares | 1,556,075 | 543,021 | |||
Bank of Chongqing Company, Ltd., H Shares | 37,000 | 19,145 | |||
Bank of Communications Company, Ltd., H Shares | 173,858 | 99,059 | |||
Bank of Hangzhou Company, Ltd., Class A | 9,300 | 19,288 | |||
Bank of Jiangsu Company, Ltd., Class A | 20,800 | 21,807 | |||
Bank of Nanjing Company, Ltd., Class A | 20,700 | 31,834 | |||
Bank of Ningbo Company, Ltd., Class A | 12,760 | 54,964 | |||
Bank of Shanghai Company, Ltd., Class A | 11,200 | 9,584 | |||
Bank of Zhengzhou Company, Ltd., H Shares (A)(B) | 72,600 | 12,573 | |||
Baoshan Iron & Steel Company, Ltd., Class A | 49,700 | 38,321 | |||
Baozun, Inc., ADR (A) | 1,783 | 15,156 | |||
BBMG Corp., H Shares | 115,500 | 15,567 | |||
BeiGene, Ltd. (A) | 5,400 | 70,962 | |||
Beijing Bei Mo Gao Ke Friction Material Company, Ltd., Class A | 2,210 | 15,062 | |||
Beijing Capital Eco-Environment Protection Group Company, Ltd., Class A | 35,500 | 14,428 | |||
Beijing Capital International Airport Company, Ltd., H Shares (A) | 82,415 | 51,728 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 6 |
Shares | Value | ||||
China (continued) | |||||
Beijing Chunlizhengda Medical Instruments Company, Ltd., H Shares | 2,500 | $3,636 | |||
Beijing Dabeinong Technology Group Company, Ltd., Class A (A) | 17,700 | 22,130 | |||
Beijing GeoEnviron Engineering & Technology, Inc., Class A | 12,000 | 20,790 | |||
Beijing Jetsen Technology Company, Ltd., Class A (A) | 30,600 | 24,061 | |||
Beijing Jingneng Clean Energy Company, Ltd., H Shares | 50,000 | 10,485 | |||
Beijing New Building Materials PLC, Class A | 4,400 | 16,707 | |||
Beijing North Star Company, Ltd., H Shares | 40,000 | 4,681 | |||
Beijing Originwater Technology Company, Ltd., Class A | 13,100 | 10,424 | |||
Beijing Roborock Technology Company, Ltd., Class A | 327 | 15,117 | |||
Beijing Shougang Company, Ltd., Class A | 36,100 | 21,511 | |||
Beijing Thunisoft Corp, Ltd., Class A (A) | 14,500 | 14,075 | |||
Beijing United Information Technology Company, Ltd., Class A | 1,700 | 24,365 | |||
Beijing Wantai Biological Pharmacy Enterprise Company, Ltd., Class A | 1,160 | 21,450 | |||
Beijing Yanjing Brewery Company, Ltd., Class A | 15,200 | 20,107 | |||
Beijing Yuanliu Hongyuan Electronic Technology Company, Ltd., Class A | 500 | 8,573 | |||
Bengang Steel Plates Company, Ltd., Class A | 42,600 | 20,764 | |||
BEST, Inc., ADR (A) | 2,146 | 2,554 | |||
Bethel Automotive Safety Systems Company, Ltd., Class A | 1,200 | 14,977 | |||
BGI Genomics Company, Ltd., Class A | 700 | 6,114 | |||
Biem.L.Fdlkk Garment Company, Ltd., Class A | 5,662 | 17,554 | |||
Bilibili, Inc., Class Z (A) | 1,480 | 36,810 | |||
Billion Industrial Holdings, Ltd. (A) | 12,000 | 7,245 | |||
Binjiang Service Group Company, Ltd. | 4,000 | 11,060 | |||
Blue Moon Group Holdings, Ltd. (B) | 13,000 | 9,914 | |||
Blue Sail Medical Company, Ltd., Class A (A) | 10,200 | 12,195 | |||
BOC International China Company, Ltd., Class A | 9,600 | 17,315 | |||
BOE Technology Group Company, Ltd., Class A | 72,500 | 38,782 | |||
Bohai Leasing Company, Ltd., Class A (A) | 68,300 | 22,073 | |||
Bright Dairy & Food Company, Ltd., Class A | 13,000 | 21,285 | |||
BYD Company, Ltd., H Shares | 6,500 | 200,300 | |||
BYD Electronic International Company, Ltd. | 38,483 | 101,677 | |||
By-health Company, Ltd., Class A | 6,000 | 16,182 | |||
C&D Property Management Group Company, Ltd. | 21,000 | 9,583 | |||
C&S Paper Company, Ltd., Class A | 7,300 | 11,630 | |||
Cangzhou Mingzhu Plastic Company, Ltd., Class A | 23,300 | 18,097 | |||
CanSino Biologics, Inc., H Shares (B) | 4,600 | 28,711 | |||
CECEP Solar Energy Company, Ltd., Class A | 15,000 | 17,488 | |||
CECEP Wind-Power Corp., Class A | 25,200 | 18,178 | |||
Central China Management Company, Ltd. (A) | 54,538 | 5,341 | |||
Central China New Life, Ltd. (A) | 14,000 | 6,044 | |||
Central China Real Estate, Ltd. | 56,629 | 3,741 | |||
Central China Securities Company, Ltd., H Shares | 53,000 | 8,221 |
7 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
CGN Power Company, Ltd., H Shares (B) | 163,000 | $38,766 | |||
Changchun High & New Technology Industry Group, Inc., Class A | 1,000 | 25,578 | |||
Changzhou Xingyu Automotive Lighting Systems Company, Ltd., Class A | 900 | 18,262 | |||
Chaowei Power Holdings, Ltd. | 37,000 | 8,548 | |||
Chaozhou Three-Circle Group Company, Ltd., Class A | 1,700 | 6,657 | |||
Cheetah Mobile, Inc., ADR (A) | 1,459 | 1,009 | |||
Chengdu Hongqi Chain Company, Ltd., Class A | 30,500 | 21,844 | |||
Chengdu Kanghua Biological Products Company, Ltd., Class A | 750 | 11,311 | |||
Chengdu Wintrue Holding Company, Ltd., Class A | 8,400 | 17,291 | |||
Chengtun Mining Group Company, Ltd., Class A | 13,900 | 14,394 | |||
Chengxin Lithium Group Company, Ltd., Class A | 2,600 | 19,932 | |||
Chifeng Jilong Gold Mining Company, Ltd., Class A (A) | 8,700 | 24,447 | |||
China Animal Healthcare, Ltd. (A)(C) | 182,000 | 232 | |||
China Baoan Group Company, Ltd., Class A | 12,500 | 26,617 | |||
China BlueChemical, Ltd., H Shares | 101,000 | 26,299 | |||
China Bohai Bank Company, Ltd., H Shares (B) | 119,000 | 19,710 | |||
China Cinda Asset Management Company, Ltd., H Shares | 254,000 | 34,880 | |||
China CITIC Bank Corp., Ltd., H Shares | 213,962 | 91,728 | |||
China Coal Energy Company, Ltd., H Shares | 70,000 | 62,249 | |||
China Communications Services Corp., Ltd., H Shares | 109,200 | 46,890 | |||
China Conch Environment Protection Holdings, Ltd. (A) | 71,000 | 63,373 | |||
China Conch Venture Holdings, Ltd. | 44,000 | 89,795 | |||
China Construction Bank Corp., H Shares | 1,885,000 | 1,165,276 | |||
China CSSC Holdings, Ltd., Class A | 5,400 | 19,544 | |||
China Datang Corp. Renewable Power Company, Ltd., H Shares | 108,000 | 27,046 | |||
China Development Bank Financial Leasing Company, Ltd., H Shares (B) | 72,000 | 9,069 | |||
China Dili Group (A) | 120,400 | 15,332 | |||
China Dongxiang Group Company, Ltd. (A) | 152,000 | 6,760 | |||
China East Education Holdings, Ltd. (B) | 4,500 | 1,902 | |||
China Eastern Airlines Corp., Ltd., ADR (A) | 1,460 | 25,156 | |||
China Eastern Airlines Corp., Ltd., H Shares (A) | 36,000 | 12,393 | |||
China Electronics Optics Valley Union Holding Company, Ltd. | 184,000 | 11,360 | |||
China Energy Engineering Corp., Ltd., H Shares | 172,000 | 20,310 | |||
China Everbright Bank Company, Ltd., H Shares | 96,000 | 29,430 | |||
China Feihe, Ltd. (B) | 121,000 | 100,146 | |||
China Galaxy Securities Company, Ltd., H Shares | 120,500 | 65,879 | |||
China Greatwall Technology Group Company, Ltd., Class A | 9,800 | 12,852 | |||
China Hanking Holdings, Ltd. | 54,000 | 5,768 | |||
China Harmony Auto Holding, Ltd. | 30,500 | 8,013 | |||
China Hongqiao Group, Ltd. | 88,500 | 85,815 | |||
China Huarong Asset Management Company, Ltd., H Shares (A)(B) | 493,000 | 18,158 | |||
China Huiyuan Juice Group, Ltd. (A)(C) | 141,000 | 9,072 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 8 |
Shares | Value | ||||
China (continued) | |||||
China International Capital Corp., Ltd., H Shares (B) | 42,800 | $75,298 | |||
China International Marine Containers Group Company, Ltd., H Shares | 34,830 | 28,969 | |||
China Isotope & Radiation Corp. | 3,200 | 7,211 | |||
China Jushi Company, Ltd., Class A | 12,900 | 26,889 | |||
China Kepei Education Group, Ltd. | 28,000 | 7,191 | |||
China Kings Resources Group Company, Ltd., Class A | 4,640 | 23,748 | |||
China Lesso Group Holdings, Ltd. | 62,000 | 73,693 | |||
China Life Insurance Company, Ltd., H Shares | 128,000 | 183,517 | |||
China Lilang, Ltd. | 25,000 | 12,208 | |||
China Literature, Ltd. (A)(B) | 13,600 | 55,111 | |||
China Longyuan Power Group Corp., Ltd., H Shares | 38,000 | 61,376 | |||
China Maple Leaf Educational Systems, Ltd. (A)(C) | 56,000 | 2,283 | |||
China Medical System Holdings, Ltd. | 76,800 | 113,662 | |||
China Meidong Auto Holdings, Ltd. | 26,000 | 52,872 | |||
China Merchants Bank Company, Ltd., H Shares | 116,961 | 598,152 | |||
China Merchants Securities Company, Ltd., H Shares (B) | 10,540 | 9,650 | |||
China Merchants Shekou Industrial Zone Holdings Company, Ltd., Class A | 12,900 | 27,274 | |||
China Minsheng Banking Corp., Ltd., H Shares | 94,840 | 30,168 | |||
China Modern Dairy Holdings, Ltd. | 167,000 | 22,092 | |||
China National Building Material Company, Ltd., H Shares | 164,600 | 155,427 | |||
China National Chemical Engineering Company, Ltd., Class A | 12,300 | 15,311 | |||
China National Medicines Corp, Ltd., Class A | 4,400 | 16,537 | |||
China National Nuclear Power Company, Ltd., Class A | 23,400 | 21,550 | |||
China New Higher Education Group, Ltd. (B) | 42,000 | 13,159 | |||
China Northern Rare Earth Group High-Tech Company, Ltd., Class A | 5,800 | 25,223 | |||
China Oilfield Services, Ltd., H Shares | 40,000 | 41,545 | |||
China Oriental Group Company, Ltd. | 84,000 | 15,475 | |||
China Pacific Insurance Group Company, Ltd., H Shares | 56,600 | 119,897 | |||
China Petroleum & Chemical Corp., H Shares | 704,000 | 331,053 | |||
China Railway Group, Ltd., H Shares | 100,000 | 57,249 | |||
China Railway Signal & Communication Corp., Ltd., H Shares (B) | 76,000 | 23,896 | |||
China Reinsurance Group Corp., H Shares | 156,000 | 11,494 | |||
China Renaissance Holdings, Ltd. (A)(B) | 12,200 | 13,802 | |||
China Resources Medical Holdings Company, Ltd. | 33,500 | 19,874 | |||
China Resources Microelectronics, Ltd., Class A | 2,665 | 20,149 | |||
China Resources Pharmaceutical Group, Ltd. (B) | 75,500 | 51,729 | |||
China Risun Group, Ltd. | 49,000 | 19,210 | |||
China Sanjiang Fine Chemicals Company, Ltd. | 41,000 | 8,383 | |||
China SCE Group Holdings, Ltd. | 98,000 | 8,205 | |||
China Shenhua Energy Company, Ltd., H Shares | 86,000 | 269,719 | |||
China Shineway Pharmaceutical Group, Ltd. | 17,000 | 13,040 | |||
China Silver Group, Ltd. (A) | 100,000 | 4,707 |
9 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
China South Publishing & Media Group Company, Ltd., Class A | 13,800 | $19,878 | |||
China Southern Airlines Company, Ltd., H Shares (A) | 34,000 | 18,352 | |||
China State Construction Engineering Corp., Ltd., Class A | 61,500 | 45,763 | |||
China Sunshine Paper Holdings Company, Ltd. | 42,000 | 9,862 | |||
China Suntien Green Energy Corp., Ltd., H Shares | 59,000 | 26,461 | |||
China Taifeng Beddings Holdings, Ltd. (A)(C) | 46,000 | 2,848 | |||
China Tianrui Group Cement Company, Ltd. (A) | 25,000 | 16,270 | |||
China Tianying, Inc., Class A | 26,000 | 21,479 | |||
China Tourism Group Duty Free Corp., Ltd., Class A | 1,900 | 53,682 | |||
China Tower Corp., Ltd., H Shares (B) | 1,212,000 | 151,134 | |||
China TransInfo Technology Company, Ltd., Class A (A) | 9,600 | 13,474 | |||
China Tungsten And Hightech Materials Company, Ltd., Class A (A) | 9,400 | 17,520 | |||
China Vanke Company, Ltd., H Shares | 50,281 | 98,160 | |||
China West Construction Group Company, Ltd., Class A | 18,900 | 21,225 | |||
China XLX Fertiliser, Ltd. | 50,000 | 28,492 | |||
China Yangtze Power Company, Ltd., Class A | 18,500 | 64,197 | |||
China Yongda Automobiles Services Holdings, Ltd. | 52,000 | 36,674 | |||
China Yuhua Education Corp., Ltd. (A)(B) | 88,000 | 13,828 | |||
China ZhengTong Auto Services Holdings, Ltd. (A) | 72,500 | 4,585 | |||
China Zhenhua Group Science & Technology Company, Ltd., Class A | 1,200 | 19,453 | |||
China Zhongwang Holdings, Ltd. (A)(C) | 54,200 | 11,601 | |||
Chinasoft International, Ltd. (A) | 104,000 | 81,297 | |||
Chindata Group Holdings, Ltd., ADR (A) | 1,861 | 15,707 | |||
Chlitina Holding, Ltd. | 2,000 | 11,275 | |||
Chongqing Brewery Company, Ltd., Class A | 1,100 | 17,767 | |||
Chongqing Changan Automobile Company, Ltd., Class A | 9,230 | 19,344 | |||
Chongqing Fuling Electric Power Industrial Company, Ltd., Class A | 10,680 | 20,578 | |||
Chongqing Rural Commercial Bank Company, Ltd., H Shares | 95,000 | 32,881 | |||
Chongqing Sanfeng Environment Group Corp, Ltd., Class A | 20,200 | 21,048 | |||
Chongqing Zhifei Biological Products Company, Ltd., Class A | 3,300 | 44,862 | |||
Chow Tai Seng Jewellery Company, Ltd., Class A | 5,100 | 9,414 | |||
CIFI Ever Sunshine Services Group, Ltd. | 28,000 | 17,209 | |||
CIFI Holdings Group Company, Ltd. | 192,896 | 48,821 | |||
CITIC Securities Company, Ltd., H Shares | 36,075 | 73,118 | |||
CITIC, Ltd. | 107,923 | 111,256 | |||
CMOC Group, Ltd., H Shares | 75,000 | 33,444 | |||
CNFinance Holdings, Ltd. (A) | 696 | 1,886 | |||
CNHTC Jinan Truck Company, Ltd., Class A | 8,500 | 13,059 | |||
CNNC Hua Yuan Titanium Dioxide Company, Ltd., Class A | 17,402 | 19,933 | |||
CNSIG Inner Mongolia Chemical Industry Company, Ltd. | 8,700 | 22,459 | |||
COFCO Biotechnology Company, Ltd., Class A | 14,100 | 18,013 | |||
COFCO Joycome Foods, Ltd. (A) | 124,000 | 47,468 | |||
Colour Life Services Group Company, Ltd. (A)(C) | 40,102 | 2,851 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 10 |
Shares | Value | ||||
China (continued) | |||||
Confidence Intelligence Holdings, Ltd. (A) | 2,000 | $9,242 | |||
Consun Pharmaceutical Group, Ltd. | 29,000 | 14,884 | |||
Contemporary Amperex Technology Company, Ltd., Class A | 1,200 | 83,341 | |||
COSCO SHIPPING Development Company, Ltd., H Shares | 181,000 | 27,364 | |||
COSCO SHIPPING Energy Transportation Company, Ltd., H Shares (A) | 46,000 | 34,844 | |||
COSCO SHIPPING Holdings Company, Ltd., H Shares | 112,450 | 167,872 | |||
Country Garden Holdings Company, Ltd. | 285,076 | 84,153 | |||
Country Garden Services Holdings Company, Ltd. | 46,642 | 91,659 | |||
CPMC Holdings, Ltd. | 53,000 | 22,674 | |||
CRRC Corp., Ltd., H Shares | 110,000 | 41,128 | |||
CSC Financial Company, Ltd., H Shares (B) | 31,000 | 29,139 | |||
CSG Holding Company, Ltd., Class A | 18,200 | 17,129 | |||
CSPC Pharmaceutical Group, Ltd. | 305,680 | 310,089 | |||
CT Environmental Group, Ltd. (A)(C) | 154,000 | 2,335 | |||
CTS International Logistics Corp, Ltd., Class A | 16,100 | 20,896 | |||
Dali Foods Group Company, Ltd. (B) | 76,000 | 34,744 | |||
Dalipal Holdings, Ltd. | 18,000 | 6,282 | |||
DaShenLin Pharmaceutical Group Company, Ltd., Class A | 1,920 | 9,275 | |||
Datang International Power Generation Company, Ltd., H Shares (A) | 132,000 | 27,200 | |||
DeHua TB New Decoration Materials Company, Ltd., Class A | 12,600 | 15,935 | |||
Dexin China Holdings Company, Ltd. (A) | 60,000 | 15,215 | |||
DHC Software Company, Ltd., Class A | 18,500 | 15,541 | |||
Differ Group Auto, Ltd. (A) | 146,000 | 36,802 | |||
Do-Fluoride New Materials Company, Ltd., Class A | 3,000 | 17,572 | |||
Dongfang Electric Corp., Ltd., H Shares | 18,600 | 24,708 | |||
Dongfeng Motor Group Company, Ltd., H Shares | 104,000 | 65,941 | |||
Dongyue Group, Ltd. | 86,000 | 96,522 | |||
DouYu International Holdings, Ltd., ADR (A) | 3,157 | 4,736 | |||
Dynagreen Environmental Protection Group Company, Ltd., H Shares | 26,000 | 9,542 | |||
East Money Information Company, Ltd., Class A | 6,840 | 21,871 | |||
E-Commodities Holdings, Ltd. | 44,000 | 9,827 | |||
Ecovacs Robotics Company, Ltd., Class A | 900 | 10,608 | |||
Edvantage Group Holdings, Ltd. | 24,892 | 7,408 | |||
EEKA Fashion Holdings, Ltd. | 14,000 | 20,840 | |||
ENN Energy Holdings, Ltd. | 9,900 | 143,821 | |||
ENN Natural Gas Company, Ltd., Class A | 8,000 | 23,749 | |||
Eoptolink Technology, Inc., Ltd., Class A | 6,400 | 22,656 | |||
Eve Energy Company, Ltd., Class A | 1,500 | 20,447 | |||
Everbright Securities Company, Ltd., H Shares (B) | 9,800 | 6,502 | |||
Everest Medicines, Ltd. (A)(B) | 8,000 | 12,099 | |||
Fang Holdings, Ltd., ADR (A) | 234 | 23 | |||
Fangda Special Steel Technology Company, Ltd., Class A | 16,500 | 15,432 |
11 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Fanhua, Inc., ADR | 2,956 | $16,494 | |||
FAW Jiefang Group Company, Ltd., Class A | 12,100 | 14,290 | |||
Fiberhome Telecommunication Technologies Company, Ltd., Class A | 7,700 | 16,021 | |||
Fibocom Wireless, Inc., Class A | 2,250 | 7,170 | |||
FIH Mobile, Ltd. (A) | 68,000 | 8,808 | |||
FinVolution Group, ADR | 5,100 | 25,092 | |||
First Tractor Company, Ltd., H Shares | 28,000 | 11,215 | |||
Flat Glass Group Company, Ltd., H Shares | 9,000 | 29,643 | |||
Focus Media Information Technology Company, Ltd., Class A | 32,100 | 28,085 | |||
Foshan Haitian Flavouring & Food Company, Ltd., Class A | 3,797 | 44,265 | |||
Fosun International, Ltd. | 71,693 | 52,919 | |||
Foxconn Industrial Internet Company, Ltd., Class A | 11,600 | 15,589 | |||
Fu Shou Yuan International Group, Ltd. | 72,000 | 46,002 | |||
Fufeng Group, Ltd. | 120,000 | 67,429 | |||
Fuguiniao Company, Ltd., H Shares (A)(C) | 116,600 | 5,764 | |||
Fujian Funeng Company, Ltd., Class A | 9,100 | 15,482 | |||
Fujian Star-net Communication Company, Ltd., Class A | 6,500 | 18,702 | |||
Fujian Sunner Development Company, Ltd., Class A | 5,400 | 17,438 | |||
Fuyao Glass Industry Group Company, Ltd., H Shares (B) | 20,000 | 95,437 | |||
Gan & Lee Pharmaceuticals Company, Ltd., Class A | 3,500 | 18,570 | |||
Ganfeng Lithium Company, Ltd., H Shares (B) | 5,840 | 51,307 | |||
Gansu Shangfeng Cement Company, Ltd., Class A | 7,560 | 15,976 | |||
G-bits Network Technology Xiamen Company, Ltd., Class A | 500 | 20,607 | |||
GCL Energy Technology Company, Ltd. | 9,200 | 18,867 | |||
GDS Holdings, Ltd., ADR (A) | 1,617 | 44,047 | |||
GDS Holdings, Ltd., Class A (A) | 6,100 | 20,833 | |||
Genertec Universal Medical Group Company, Ltd. (B) | 51,500 | 28,987 | |||
GF Securities Company, Ltd., H Shares | 27,800 | 36,315 | |||
Giant Network Group Company, Ltd., Class A | 17,800 | 22,133 | |||
GigaDevice Semiconductor, Inc., Class A | 1,000 | 16,710 | |||
Ginlong Technologies Company, Ltd., Class A | 900 | 29,756 | |||
Glory Health Industry, Ltd. (A) | 53,000 | 1,140 | |||
GoerTek, Inc., Class A | 6,200 | 29,109 | |||
Goke Microelectronics Company, Ltd., Class A | 1,800 | 18,611 | |||
Golden Eagle Retail Group, Ltd. | 26,000 | 18,239 | |||
GOME Retail Holdings, Ltd. (A) | 247,000 | 7,699 | |||
Grand Baoxin Auto Group, Ltd. (A) | 48,950 | 3,036 | |||
Great Wall Motor Company, Ltd., H Shares | 42,500 | 63,764 | |||
Greatview Aseptic Packaging Company, Ltd. | 54,000 | 10,312 | |||
Gree Electric Appliances, Inc. of Zhuhai, Class A | 6,400 | 29,530 | |||
Greenland Hong Kong Holdings, Ltd. | 76,250 | 7,936 | |||
Greentown China Holdings, Ltd. | 46,500 | 87,736 | |||
Greentown Management Holdings Company, Ltd. (B) | 24,000 | 20,308 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 12 |
Shares | Value | ||||
China (continued) | |||||
Greentown Service Group Company, Ltd. | 80,000 | $57,796 | |||
Guangdong Create Century Intelligent Equipment Group Corp, Ltd., Class A (A) | 13,400 | 19,432 | |||
Guangdong Haid Group Company, Ltd., Class A | 2,700 | 23,849 | |||
Guangdong Hybribio Biotech Company, Ltd., Class A | 6,800 | 19,409 | |||
Guangdong Kinlong Hardware Products Company, Ltd., Class A | 900 | 12,422 | |||
Guangdong Provincial Expressway Development Company, Ltd., Class A | 11,700 | 12,354 | |||
Guangdong Tapai Group Company, Ltd., Class A | 17,900 | 20,509 | |||
Guangdong Xinbao Electrical Appliances Holdings Company, Ltd., Class A | 5,500 | 15,227 | |||
Guanghui Energy Company, Ltd., Class A | 12,900 | 23,703 | |||
Guangshen Railway Company, Ltd., H Shares (A) | 137,200 | 21,459 | |||
Guangzhou Automobile Group Company, Ltd., H Shares | 46,000 | 39,551 | |||
Guangzhou Baiyunshan Pharmaceutical Holdings Company, Ltd., H Shares | 12,000 | 28,822 | |||
Guangzhou Kingmed Diagnostics Group Company, Ltd., Class A | 1,200 | 11,578 | |||
Guangzhou Shiyuan Electronic Technology Company, Ltd., Class A | 1,000 | 9,782 | |||
Guangzhou Tinci Materials Technology Company, Ltd., Class A | 2,000 | 13,722 | |||
Guangzhou Wondfo Biotech Company, Ltd., Class A | 3,500 | 16,522 | |||
Guizhou Panjiang Refined Coal Company, Ltd., Class A | 15,400 | 20,055 | |||
Guosen Securities Company, Ltd., Class A | 12,000 | 16,033 | |||
Guotai Junan Securities Company, Ltd., H Shares (B) | 9,000 | 10,663 | |||
H World Group, Ltd. | 9,800 | 36,584 | |||
H World Group, Ltd., ADR | 769 | 28,937 | |||
Haichang Ocean Park Holdings, Ltd. (A)(B) | 86,000 | 84,010 | |||
Haier Smart Home Company, Ltd., H Shares | 55,400 | 180,992 | |||
Hailiang Education Group, Inc., ADR (A) | 767 | 10,884 | |||
Hainan Meilan International Airport Company, Ltd., H Shares (A) | 7,000 | 16,482 | |||
Hainan Poly Pharm Company, Ltd., Class A | 5,500 | 21,527 | |||
Haitian International Holdings, Ltd. | 30,000 | 73,499 | |||
Haitong Securities Company, Ltd., H Shares | 60,000 | 39,283 | |||
Hang Zhou Great Star Industrial Company, Ltd., Class A (A) | 5,300 | 17,507 | |||
Hangcha Group Company, Ltd., Class A | 8,200 | 16,665 | |||
Hangjin Technology Company, Ltd., Class A | 2,100 | 9,550 | |||
Hangzhou First Applied Material Company, Ltd., Class A | 1,400 | 13,092 | |||
Hangzhou Oxygen Plant Group Company, Ltd., Class A | 3,300 | 16,904 | |||
Hangzhou Robam Appliances Company, Ltd., Class A | 3,800 | 13,812 | |||
Hangzhou Silan Microelectronics Company, Ltd., Class A | 2,600 | 14,862 | |||
Hangzhou Tigermed Consulting Company, Ltd., H Shares (B) | 1,600 | 15,841 | |||
Han’s Laser Technology Industry Group Company, Ltd., Class A | 1,800 | 7,737 | |||
Hansoh Pharmaceutical Group Company, Ltd. (B) | 24,000 | 47,883 | |||
Harbin Bank Company, Ltd., H Shares (A)(B) | 190,000 | 14,020 | |||
Harbin Electric Company, Ltd., H Shares (A) | 44,000 | 11,958 | |||
Harmonicare Medical Holdings, Ltd. (A)(B)(C) | 44,000 | 6,862 |
13 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
HBIS Resources Company, Ltd., Class A | 11,900 | $20,423 | |||
HC Group, Inc. (A) | 53,500 | 2,247 | |||
Hebei Construction Group Corp., Ltd., H Shares (A) | 6,500 | 834 | |||
Hefei Meiya Optoelectronic Technology, Inc., Class A | 4,420 | 15,428 | |||
Hello Group, Inc., ADR | 9,177 | 47,262 | |||
Henan Shenhuo Coal & Power Company, Ltd., Class A | 4,300 | 9,968 | |||
Henan Shuanghui Investment & Development Company, Ltd., Class A | 7,600 | 29,483 | |||
Hengan International Group Company, Ltd. | 37,000 | 177,064 | |||
Hengdian Group DMEGC Magnetics Company, Ltd., Class A | 9,600 | 29,529 | |||
Hengli Petrochemical Company, Ltd., Class A | 8,900 | 24,712 | |||
Hengtong Optic-electric Company, Ltd., Class A | 9,000 | 21,864 | |||
Hengyi Petrochemical Company, Ltd., Class A | 12,200 | 15,973 | |||
Hisense Home Appliances Group Company, Ltd., H Shares | 19,000 | 20,471 | |||
Hithink RoyalFlush Information Network Company, Ltd., Class A | 1,100 | 13,510 | |||
Hongda Xingye Company, Ltd., Class A (A) | 25,600 | 15,976 | |||
Hongfa Technology Company, Ltd., Class A | 2,940 | 16,002 | |||
Honghua Group, Ltd. (A) | 191,000 | 5,223 | |||
Honworld Group, Ltd. (A)(B)(C) | 20,500 | 7,217 | |||
Hope Education Group Company, Ltd. (B) | 298,000 | 25,688 | |||
HOSA International, Ltd. (A)(C) | 86,000 | 2,065 | |||
Hua Hong Semiconductor, Ltd. (A)(B) | 30,000 | 88,064 | |||
Huadian Power International Corp., Ltd., H Shares | 84,000 | 34,523 | |||
Huadong Medicine Company, Ltd., Class A | 2,300 | 13,996 | |||
Huafon Chemical Company, Ltd., Class A | 10,200 | 11,084 | |||
Huagong Tech Company, Ltd., Class A | 6,400 | 19,551 | |||
Huaibei Mining Holdings Company, Ltd., Class A | 10,700 | 22,928 | |||
Hualan Biological Engineering, Inc., Class A | 4,900 | 13,977 | |||
Huaneng Power International, Inc., H Shares (A) | 98,000 | 50,084 | |||
Huatai Securities Company, Ltd., H Shares (B) | 25,800 | 34,485 | |||
Huaxin Cement Company, Ltd., Class A | 6,500 | 16,332 | |||
Huayu Automotive Systems Company, Ltd., Class A | 5,700 | 15,383 | |||
Hubei Jumpcan Pharmaceutical Company, Ltd., Class A | 5,200 | 17,336 | |||
Hubei Xingfa Chemicals Group Company, Ltd., Class A | 2,700 | 15,068 | |||
Huishang Bank Corp., Ltd., H Shares | 40,200 | 12,808 | |||
Humanwell Healthcare Group Company, Ltd., Class A | 6,900 | 18,614 | |||
Hunan Gold Corp, Ltd., Class A | 12,000 | 20,429 | |||
Hunan Valin Steel Company, Ltd., Class A | 12,600 | 8,116 | |||
Hundsun Technologies, Inc., Class A | 2,860 | 13,890 | |||
HUYA, Inc., ADR (A) | 3,655 | 12,025 | |||
Hygeia Healthcare Holdings Company, Ltd. (A)(B) | 8,800 | 47,498 | |||
iDreamSky Technology Holdings, Ltd. (A)(B) | 24,800 | 16,666 | |||
Iflytek Company, Ltd., Class A | 2,300 | 12,447 | |||
IKD Company, Ltd., Class A | 8,300 | 20,094 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 14 |
Shares | Value | ||||
China (continued) | |||||
I-Mab, ADR (A) | 2,049 | $12,560 | |||
Industrial & Commercial Bank of China, Ltd., H Shares | 1,091,000 | 554,275 | |||
Industrial Bank Company, Ltd., Class A | 30,300 | 74,888 | |||
Industrial Securities Company, Ltd., Class A (A) | 20,410 | 18,296 | |||
Ingdan, Inc. (A)(B) | 44,000 | 10,108 | |||
Inner Mongolia BaoTou Steel Union Company, Ltd., Class A | 39,800 | 11,567 | |||
Inner Mongolia Dian Tou Energy Corp, Ltd., Class A | 8,400 | 16,945 | |||
Inner Mongolia ERDOS Resources Company, Ltd., Class A | 7,700 | 19,647 | |||
Inner Mongolia Junzheng Energy & Chemical Industry Group Company, Ltd., Class A | 16,800 | 10,576 | |||
Inner Mongolia Yili Industrial Group Company, Ltd., Class A | 8,900 | 46,057 | |||
Inner Mongolia Yitai Coal Company, Ltd., H Shares | 219,800 | 319,676 | |||
Inspur Electronic Information Industry Company, Ltd., Class A | 2,600 | 8,708 | |||
Intco Medical Technology Company, Ltd., Class A | 2,280 | 7,241 | |||
iQIYI, Inc., ADR (A)(D) | 7,664 | 28,050 | |||
JA Solar Technology Company, Ltd., Class A | 2,660 | 25,149 | |||
Jafron Biomedical Company, Ltd., Class A | 2,200 | 14,941 | |||
Jason Furniture Hangzhou Company, Ltd., Class A | 2,730 | 19,107 | |||
JCET Group Company, Ltd., Class A | 8,300 | 29,706 | |||
JD Health International, Inc. (A)(B) | 3,600 | 24,799 | |||
JD.com, Inc., ADR | 581 | 36,888 | |||
JD.com, Inc., Class A | 5,238 | 165,810 | |||
Jiangling Motors Corp., Ltd., Class A | 8,300 | 17,719 | |||
Jiangsu Azure Corp., Class A | 7,800 | 20,268 | |||
Jiangsu Expressway Company, Ltd., H Shares | 40,000 | 34,260 | |||
Jiangsu Guomao Reducer Company, Ltd., Class A | 7,800 | 19,465 | |||
Jiangsu Hengli Hydraulic Company, Ltd., Class A | 4,200 | 29,714 | |||
Jiangsu Hengrui Medicine Company, Ltd., Class A | 5,400 | 27,063 | |||
Jiangsu King’s Luck Brewery JSC, Ltd., Class A | 1,400 | 9,361 | |||
Jiangsu Nhwa Pharmaceutical Company, Ltd., Class A | 10,600 | 24,162 | |||
Jiangsu Shagang Company, Ltd., Class A | 31,880 | 19,496 | |||
Jiangsu Shuangxing Color Plastic New Materials Company, Ltd., Class A | 3,900 | 10,829 | |||
Jiangsu Yanghe Brewery Joint-Stock Company, Ltd., Class A | 1,560 | 37,077 | |||
Jiangsu Yangnong Chemical Company, Ltd., Class A | 600 | 9,885 | |||
Jiangsu Yuyue Medical Equipment & Supply Company, Ltd., Class A | 3,800 | 15,013 | |||
Jiangxi Copper Company, Ltd., H Shares | 31,000 | 38,073 | |||
Jiangxi Zhengbang Technology Company, Ltd., Class A (A) | 16,100 | 13,911 | |||
Jingjin Equipment, Inc., Class A | 3,220 | 13,569 | |||
Jingrui Holdings, Ltd. (A)(C) | 40,000 | 3,007 | |||
JinkoSolar Holding Company, Ltd., ADR (A) | 1,682 | 102,383 | |||
Jinmao Property Services Company, Ltd. (A) | 4,350 | 2,234 | |||
JiuGui Liquor Company, Ltd., Class A | 600 | 12,941 | |||
Jiumaojiu International Holdings, Ltd. (B) | 27,000 | 53,119 |
15 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Jizhong Energy Resources Company, Ltd., Class A | 11,400 | $11,266 | |||
JNBY Design, Ltd. | 10,500 | 11,426 | |||
Joincare Pharmaceutical Group Industry Company, Ltd., Class A | 10,800 | 17,059 | |||
Joinn Laboratories China Company, Ltd., Class A | 1,960 | 22,058 | |||
Jointown Pharmaceutical Group Company, Ltd., Class A | 4,600 | 7,914 | |||
Jonjee Hi-Tech Industrial And Commercial Holding Company, Ltd., Class A | 4,400 | 21,890 | |||
Juewei Food Company, Ltd., Class A | 2,000 | 13,501 | |||
Kangji Medical Holdings, Ltd. | 12,000 | 9,565 | |||
Kasen International Holdings, Ltd. (A) | 50,000 | 2,834 | |||
Kehua Data Company, Ltd., Class A | 3,700 | 18,551 | |||
Keshun Waterproof Technologies Company, Ltd., Class A (A) | 14,160 | 21,023 | |||
Kinetic Development Group, Ltd. | 156,000 | 13,278 | |||
Kingfa Sci & Tech Company, Ltd., Class A | 8,600 | 13,362 | |||
Kingsoft Corp., Ltd. | 31,600 | 96,041 | |||
KPC Pharmaceuticals, Inc., Class A | 12,300 | 20,611 | |||
Kunlun Tech Company, Ltd., Class A | 10,500 | 22,222 | |||
Kweichow Moutai Company, Ltd., Class A | 1,300 | 362,089 | |||
KWG Group Holdings, Ltd. (A) | 74,012 | 13,316 | |||
KWG Living Group Holdings, Ltd. | 58,006 | 10,290 | |||
Lakala Payment Company, Ltd., Class A (A) | 3,500 | 8,185 | |||
Laobaixing Pharmacy Chain JSC, Class A | 4,030 | 19,396 | |||
LB Group Company, Ltd., Class A | 7,298 | 18,532 | |||
Legend Holdings Corp., H Shares (B) | 21,600 | 24,535 | |||
Lenovo Group, Ltd. | 276,000 | 227,317 | |||
Lens Technology Company, Ltd., Class A | 15,000 | 23,512 | |||
Lepu Medical Technology Beijing Company, Ltd., Class A | 3,100 | 8,490 | |||
LexinFintech Holdings, Ltd., ADR (A) | 6,813 | 13,899 | |||
Leyard Optoelectronic Company, Ltd., Class A | 18,500 | 16,722 | |||
Li Auto, Inc., ADR (A) | 378 | 10,875 | |||
Li Ning Company, Ltd. | 41,500 | 377,995 | |||
Lifetech Scientific Corp. (A) | 130,000 | 42,395 | |||
Lingyi iTech Guangdong Company, Class A (A) | 20,100 | 15,974 | |||
Link Motion, Inc., ADR (A)(C) | 6,959 | 964 | |||
Livzon Pharmaceutical Group, Inc., H Shares | 6,300 | 17,801 | |||
Logan Group Company, Ltd. | 71,000 | 7,744 | |||
Longfor Group Holdings, Ltd. (B) | 49,500 | 160,665 | |||
LONGi Green Energy Technology Company, Ltd., Class A | 7,560 | 55,736 | |||
Lonking Holdings, Ltd. | 122,000 | 20,657 | |||
Luenmei Quantum Company, Ltd., Class A | 19,700 | 20,515 | |||
Luoniushan Company, Ltd., Class A (A) | 20,700 | 20,827 | |||
Luoyang Glass Company, Ltd., H Shares (A) | 12,000 | 16,682 | |||
Luxi Chemical Group Company, Ltd., Class A | 6,100 | 12,153 | |||
Luxshare Precision Industry Company, Ltd., Class A | 8,200 | 44,394 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 16 |
Shares | Value | ||||
China (continued) | |||||
Luye Pharma Group, Ltd. (A)(B) | 111,500 | $32,183 | |||
Luzhou Laojiao Company, Ltd., Class A | 1,300 | 44,030 | |||
Maanshan Iron & Steel Company, Ltd., H Shares | 54,000 | 14,064 | |||
Maccura Biotechnology Company, Ltd., Class A | 6,800 | 17,071 | |||
Mango Excellent Media Company, Ltd., Class A | 4,800 | 19,235 | |||
Maoyan Entertainment (A)(B) | 9,000 | 7,558 | |||
Maxscend Microelectronics Company, Ltd., Class A | 621 | 9,110 | |||
Meitu, Inc. (A)(B) | 105,500 | 11,216 | |||
Meituan, Class B (A)(B) | 6,000 | 144,103 | |||
Metallurgical Corp. of China, Ltd., H Shares | 93,000 | 17,614 | |||
Midea Group Company, Ltd., Class A | 9,900 | 75,956 | |||
Midea Real Estate Holding, Ltd. (B) | 7,200 | 7,682 | |||
Ming Yang Smart Energy Group, Ltd., Class A | 5,300 | 20,520 | |||
Minth Group, Ltd. | 34,000 | 96,209 | |||
MLS Company, Ltd., Class A | 9,400 | 13,813 | |||
Muyuan Foods Company, Ltd., Class A | 1,200 | 10,158 | |||
Nanjing Iron & Steel Company, Ltd., Class A | 35,100 | 14,985 | |||
Nanjing King-Friend Biochemical Pharmaceutical Company, Ltd., Class A | 6,890 | 17,887 | |||
Nanjing Yunhai Special Metals Company, Ltd., Class A | 6,100 | 20,114 | |||
NARI Technology Company, Ltd., Class A | 6,120 | 24,242 | |||
NAURA Technology Group Company, Ltd., Class A | 400 | 16,240 | |||
NetDragon Websoft Holdings, Ltd. | 14,000 | 30,461 | |||
NetEase, Inc. | 12,200 | 217,860 | |||
NetEase, Inc., ADR | 2,459 | 217,646 | |||
New Century Healthcare Holding Company, Ltd. (A)(B) | 31,500 | 3,732 | |||
New China Life Insurance Company, Ltd., H Shares | 26,100 | 61,431 | |||
New Hope Liuhe Company, Ltd., Class A (A) | 12,100 | 27,461 | |||
Newborn Town, Inc. (A) | 20,000 | 5,242 | |||
Newland Digital Technology Company, Ltd., Class A | 10,900 | 21,098 | |||
Ningbo Huaxiang Electronic Company, Ltd., Class A | 8,300 | 16,927 | |||
Ningbo Joyson Electronic Corp., Class A (A) | 7,800 | 17,461 | |||
Ningbo Orient Wires & Cables Company, Ltd., Class A | 2,000 | 20,721 | |||
Ningbo Ronbay New Energy Technology Company, Ltd., Class A | 774 | 11,512 | |||
Ningbo Tuopu Group Company, Ltd., Class A | 2,200 | 25,070 | |||
Ningxia Baofeng Energy Group Company, Ltd., Class A | 17,400 | 34,146 | |||
NIO, Inc., ADR (A) | 3,361 | 66,918 | |||
Niu Technologies, ADR (A) | 2,230 | 13,402 | |||
Noah Holdings, Ltd., ADR (A) | 1,009 | 17,869 | |||
NVC International Holdings, Ltd. (A) | 168,000 | 2,359 | |||
Oppein Home Group, Inc., Class A | 600 | 11,330 | |||
Opple Lighting Company, Ltd., Class A | 5,700 | 14,239 | |||
ORG Technology Company, Ltd., Class A | 28,627 | 19,185 | |||
Orient Securities Company, Ltd., H Shares (B) | 29,200 | 13,359 |
17 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Oriental Energy Company, Ltd., Class A | 12,700 | $16,187 | |||
Ovctek China, Inc., Class A | 900 | 5,545 | |||
Pangang Group Vanadium Titanium & Resources Company, Ltd., Class A (A) | 20,000 | 16,576 | |||
Pengdu Agriculture & Animal Husbandry Company, Ltd., Class A (A) | 39,200 | 17,971 | |||
PetroChina Company, Ltd., H Shares | 696,000 | 323,652 | |||
Pharmaron Beijing Company, Ltd., H Shares (B) | 3,900 | 25,797 | |||
PhiChem Corp., Class A | 7,000 | 20,311 | |||
PICC Property & Casualty Company, Ltd., H Shares | 146,894 | 158,885 | |||
Pinduoduo, Inc., ADR (A) | 731 | 52,120 | |||
Ping An Bank Company, Ltd., Class A | 29,400 | 54,140 | |||
Ping An Healthcare and Technology Company, Ltd. (A)(B) | 8,800 | 23,823 | |||
Ping An Insurance Group Company of China, Ltd., H Shares | 195,000 | 1,146,921 | |||
Pingdingshan Tianan Coal Mining Company, Ltd., Class A | 9,400 | 17,830 | |||
Poly Developments and Holdings Group Company, Ltd., Class A | 10,800 | 27,039 | |||
Poly Property Services Company, Ltd., H Shares | 5,000 | 29,286 | |||
Postal Savings Bank of China Company, Ltd., H Shares (B) | 117,000 | 69,846 | |||
Power Construction Corp. of China, Ltd., Class A | 17,500 | 19,517 | |||
Proya Cosmetics Company, Ltd., Class A | 980 | 22,710 | |||
Q Technology Group Company, Ltd. (A) | 42,000 | 23,079 | |||
Qingdao Haier Biomedical Company, Ltd., Class A | 1,837 | 18,500 | |||
Qingdao Sentury Tire Company, Ltd., Class A | 4,300 | 21,752 | |||
Qingling Motors Company, Ltd., H Shares | 34,000 | 5,405 | |||
Quectel Wireless Solutions Company, Ltd., Class A | 990 | 21,133 | |||
Qunxing Paper Holdings Company, Ltd. (A)(C) | 969,268 | 0 | |||
Red Star Macalline Group Corp., Ltd., H Shares (B) | 15,268 | 5,473 | |||
Redco Properties Group, Ltd. (A)(B) | 46,000 | 10,428 | |||
Redsun Properties Group, Ltd. (A) | 30,000 | 4,318 | |||
Remegen Company, Ltd., H Shares (A)(B) | 2,500 | 14,169 | |||
Rianlon Corp., Class A | 3,200 | 24,105 | |||
Rongsheng Petrochemical Company, Ltd., Class A | 17,000 | 34,773 | |||
SAIC Motor Corp., Ltd., Class A | 6,500 | 14,522 | |||
Sailun Group Company, Ltd., Class A | 9,200 | 15,118 | |||
Sanan Optoelectronics Company, Ltd., Class A | 4,100 | 13,916 | |||
Sanquan Food Company, Ltd., Class A | 7,100 | 18,169 | |||
Sansteel Minguang Company, Ltd., Class A | 23,000 | 17,313 | |||
Sansure Biotech, Inc., Class A | 3,253 | 12,754 | |||
Sany Heavy Equipment International Holdings Company, Ltd. | 61,000 | 63,188 | |||
Sany Heavy Industry Company, Ltd., Class A | 11,800 | 26,844 | |||
Satellite Chemical Company, Ltd., Class A | 6,716 | 21,291 | |||
Seazen Group, Ltd. (A) | 134,095 | 44,512 | |||
Seazen Holdings Company, Ltd., Class A (A) | 5,600 | 16,857 | |||
S-Enjoy Service Group Company, Ltd. (A) | 12,000 | 10,055 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 18 |
Shares | Value | ||||
China (continued) | |||||
SF Holding Company, Ltd., Class A | 4,500 | $32,126 | |||
SG Micro Corp., Class A | 300 | 6,925 | |||
Shaanxi Coal Industry Company, Ltd., Class A | 20,400 | 65,045 | |||
Shan Xi Hua Yang Group New Energy Company, Ltd., Class A | 10,700 | 28,915 | |||
Shandong Bohui Paper Industrial Company, Ltd., Class A | 20,300 | 21,426 | |||
Shandong Buchang Pharmaceuticals Company, Ltd., Class A | 6,700 | 17,427 | |||
Shandong Chenming Paper Holdings, Ltd., H Shares (A) | 19,376 | 6,361 | |||
Shandong Gold Mining Company, Ltd., H Shares (B) | 10,750 | 18,224 | |||
Shandong Head Group Company, Ltd., Class A | 4,500 | 21,447 | |||
Shandong Hualu Hengsheng Chemical Company, Ltd., Class A | 3,800 | 16,037 | |||
Shandong Humon Smelting Company, Ltd., Class A | 12,100 | 16,925 | |||
Shandong Linglong Tyre Company, Ltd., Class A | 2,000 | 6,585 | |||
Shandong Molong Petroleum Machinery Company, Ltd., H Shares (A) | 42,800 | 15,452 | |||
Shandong Nanshan Aluminum Company, Ltd., Class A | 40,700 | 19,925 | |||
Shandong Pharmaceutical Glass Company, Ltd., Class A | 3,900 | 15,851 | |||
Shandong Shida Shenghua Chemical Group Company, Ltd., Class A | 800 | 13,117 | |||
Shandong Sun Paper Industry JSC, Ltd., Class A | 12,200 | 21,146 | |||
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares | 113,200 | 153,564 | |||
Shanghai AtHub Company, Ltd., Class A | 5,600 | 19,834 | |||
Shanghai Bailian Group Company, Ltd., Class A | 10,200 | 16,697 | |||
Shanghai Bairun Investment Holding Group Company, Ltd., Class A | 3,080 | 10,374 | |||
Shanghai Baolong Automotive Corp., Class A | 2,500 | 17,740 | |||
Shanghai Baosight Software Company, Ltd., Class A | 1,300 | 7,134 | |||
Shanghai Belling Company, Ltd., Class A | 4,500 | 12,770 | |||
Shanghai Construction Group Company, Ltd., Class A | 37,800 | 14,834 | |||
Shanghai Electric Group Company, Ltd., H Shares (A) | 92,000 | 21,987 | |||
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares | 7,000 | 22,519 | |||
Shanghai Fudan Microelectronics Group Company, Ltd., H Shares | 7,000 | 32,618 | |||
Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Company, Ltd., H Shares | 28,000 | 10,622 | |||
Shanghai Haohai Biological Technology Company, Ltd., H Shares (B) | 1,700 | 5,970 | |||
Shanghai International Port Group Company, Ltd., Class A | 24,100 | 18,861 | |||
Shanghai Jahwa United Company, Ltd., Class A | 3,300 | 15,947 | |||
Shanghai Kindly Medical Instruments Company, Ltd., H Shares | 3,800 | 13,246 | |||
Shanghai Liangxin Electrical Company, Ltd., Class A (A) | 9,200 | 19,422 | |||
Shanghai M&G Stationery, Inc., Class A | 1,400 | 8,997 | |||
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares | 21,400 | 31,111 | |||
Shanghai Pudong Development Bank Company, Ltd., Class A | 34,500 | 36,308 | |||
Shanghai Putailai New Energy Technology Company, Ltd., Class A | 1,800 | 16,444 | |||
Shanghai RAAS Blood Products Company, Ltd., Class A | 25,700 | 21,731 | |||
Shanghai Waigaoqiao Free Trade Zone Group Company, Ltd., Class A | 11,700 | 20,503 |
19 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Shanghai Wanye Enterprises Company, Ltd., Class A | 5,400 | $17,274 | |||
Shanghai Yuyuan Tourist Mart Group Company, Ltd., Class A | 13,300 | 15,444 | |||
Shanxi Coking Coal Energy Group Company, Ltd., Class A | 7,200 | 13,350 | |||
Shanxi Lu’an Environmental Energy Development Company, Ltd., Class A | 10,400 | 23,887 | |||
Shanxi Meijin Energy Company, Ltd., Class A | 11,100 | 18,180 | |||
Shanxi Taigang Stainless Steel Company, Ltd., Class A | 18,300 | 12,986 | |||
Shanxi Xinghuacun Fen Wine Factory Company, Ltd., Class A | 900 | 38,181 | |||
Shengyi Technology Company, Ltd., Class A | 6,200 | 14,254 | |||
Shenzhen Aisidi Company, Ltd., Class A | 16,700 | 23,770 | |||
Shenzhen Desay Battery Technology Company, Class A | 3,400 | 24,975 | |||
Shenzhen Dynanonic Company, Ltd., Class A | 360 | 16,656 | |||
Shenzhen Everwin Precision Technology Company, Ltd., Class A (A) | 6,800 | 13,003 | |||
Shenzhen Expressway Corp, Ltd., H Shares | 20,000 | 17,510 | |||
Shenzhen Gas Corp, Ltd., Class A | 18,500 | 20,151 | |||
Shenzhen Goodix Technology Company, Ltd., Class A | 1,400 | 11,519 | |||
Shenzhen H&T Intelligent Control Company, Ltd., Class A | 8,000 | 19,704 | |||
Shenzhen Huaqiang Industry Company, Ltd., Class A | 12,100 | 23,090 | |||
Shenzhen Inovance Technology Company, Ltd., Class A | 3,100 | 26,851 | |||
Shenzhen Jinjia Group Company, Ltd., Class A | 15,600 | 22,144 | |||
Shenzhen Kaifa Technology Company, Ltd., Class A | 9,800 | 17,256 | |||
Shenzhen Kangtai Biological Products Company, Ltd., Class A | 2,720 | 13,241 | |||
Shenzhen Mindray Bio-Medical Electronics Company, Ltd., Class A | 1,200 | 51,750 | |||
Shenzhen MTC Company, Ltd., Class A (A) | 35,500 | 19,204 | |||
Shenzhen Overseas Chinese Town Company, Ltd., Class A | 19,500 | 15,077 | |||
Shenzhen Salubris Pharmaceuticals Company, Ltd., Class A | 5,100 | 18,848 | |||
Shenzhen Sunlord Electronics Company, Ltd., Class A | 5,400 | 19,415 | |||
Shenzhen Sunway Communication Company, Ltd., Class A | 9,500 | 23,183 | |||
Shenzhen Tagen Group Company, Ltd., Class A | 22,300 | 17,578 | |||
Shenzhen Topband Company, Ltd., Class A | 13,300 | 23,942 | |||
Shenzhen Transsion Holdings Company, Ltd., Class A | 1,025 | 10,102 | |||
Shenzhen Woer Heat-Shrinkable Material Company, Ltd., Class A | 17,500 | 17,860 | |||
Shenzhou International Group Holdings, Ltd. | 15,300 | 159,905 | |||
Shui On Land, Ltd. | 244,567 | 30,763 | |||
Sichuan Kelun Pharmaceutical Company, Ltd., Class A | 7,800 | 24,229 | |||
Sichuan Road & Bridge Company, Ltd., Class A | 11,900 | 18,367 | |||
Sichuan Swellfun Company, Ltd., Class A | 1,200 | 12,664 | |||
Sieyuan Electric Company, Ltd., Class A | 4,200 | 24,848 | |||
Sihuan Pharmaceutical Holdings Group, Ltd. | 164,000 | 20,798 | |||
Silergy Corp. | 2,000 | 34,287 | |||
Simcere Pharmaceutical Group, Ltd. (B) | 12,000 | 11,995 | |||
Sinco Pharmaceuticals Holdings, Ltd. (A) | 44,000 | 2,043 | |||
Sino Wealth Electronic, Ltd., Class A | 3,200 | 18,355 | |||
Sinofibers Technology Company, Ltd., Class A | 2,900 | 19,362 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 20 |
Shares | Value | ||||
China (continued) | |||||
Sinoma Science & Technology Company, Ltd., Class A | 2,600 | $8,692 | |||
Sino-Ocean Group Holding, Ltd. | 182,681 | 26,664 | |||
Sinopec Engineering Group Company, Ltd., H Shares | 82,500 | 36,859 | |||
Sinopec Oilfield Service Corp., H Shares (A) | 174,000 | 11,520 | |||
Sinopec Shanghai Petrochemical Company, Ltd., H Shares | 188,000 | 29,407 | |||
Sinopharm Group Company, Ltd., H Shares | 47,600 | 106,043 | |||
Sinosoft Company, Ltd., Class A | 3,500 | 11,373 | |||
Sinotrans, Ltd., H Shares | 114,574 | 32,739 | |||
Sinotruk Hong Kong, Ltd. | 34,055 | 33,954 | |||
Skshu Paint Company, Ltd., Class A (A) | 1,100 | 14,827 | |||
Smoore International Holdings, Ltd. (B) | 37,000 | 66,055 | |||
SOHO China, Ltd. (A) | 109,500 | 19,500 | |||
Sohu.com, Ltd., ADR (A) | 975 | 17,375 | |||
Songcheng Performance Development Company, Ltd., Class A | 9,900 | 18,141 | |||
Sun King Technology Group, Ltd. (A) | 54,000 | 15,326 | |||
Sunflower Pharmaceutical Group Company, Ltd., Class A | 9,100 | 22,486 | |||
Sungrow Power Supply Company, Ltd., Class A | 1,600 | 25,652 | |||
Suning.com Company, Ltd., Class A (A) | 30,200 | 8,981 | |||
Sunny Optical Technology Group Company, Ltd. | 17,100 | 233,457 | |||
Sunresin New Materials Company, Ltd., Class A | 2,100 | 23,440 | |||
Sunwoda Electronic Company, Ltd., Class A | 2,800 | 10,991 | |||
Suzhou Dongshan Precision Manufacturing Company, Ltd., Class A | 6,400 | 23,871 | |||
Suzhou TA&A Ultra Clean Technology Company, Ltd., Class A | 2,000 | 22,449 | |||
Taiji Computer Corp., Ltd., Class A | 7,600 | 20,019 | |||
Tangshan Jidong Cement Company, Ltd., Class A | 15,300 | 20,123 | |||
TangShan Port Group Company, Ltd., Class A | 56,300 | 21,351 | |||
Tangshan Sanyou Chemical Industries Company, Ltd., Class A | 8,800 | 8,489 | |||
TBEA Company, Ltd., Class A | 5,400 | 19,322 | |||
TCL Technology Group Corp., Class A | 51,500 | 30,874 | |||
TCL Zhonghuan Renewable Energy Technology Company, Ltd., Class A | 3,000 | 20,828 | |||
Telling Telecommunication Holding Company, Ltd., Class A | 13,500 | 24,095 | |||
Tencent Holdings, Ltd. | 97,600 | 4,033,884 | |||
Tencent Music Entertainment Group, ADR (A) | 11,162 | 57,038 | |||
Tenwow International Holdings, Ltd. (A)(C) | 177,000 | 6,427 | |||
The People’s Insurance Company Group of China, Ltd., H Shares | 131,000 | 40,487 | |||
Three Squirrels, Inc., Class A | 3,600 | 11,271 | |||
Tian Ge Interactive Holdings, Ltd. (A)(B) | 32,000 | 3,865 | |||
Tian Lun Gas Holdings, Ltd. | 15,000 | 6,774 | |||
Tian Shan Development Holding, Ltd. (A)(C) | 32,000 | 7,229 | |||
Tiangong International Company, Ltd. | 50,000 | 16,768 | |||
Tianjin 712 Communication & Broadcasting Company, Ltd., Class A | 4,300 | 18,792 | |||
Tianjin Capital Environmental Protection Group Company, Ltd., H Shares | 16,000 | 6,166 |
21 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Tianli International Holdings, Ltd. | 58,000 | $10,643 | |||
Tianma Microelectronics Company, Ltd., Class A | 11,000 | 15,007 | |||
Tianneng Power International, Ltd. | 36,700 | 39,045 | |||
Tianshui Huatian Technology Company, Ltd., Class A | 5,400 | 7,489 | |||
Tibet Summit Resources Company, Ltd., Class A (A) | 3,100 | 12,628 | |||
Times China Holdings, Ltd. | 32,000 | 4,749 | |||
Tingyi Cayman Islands Holding Corp. | 66,000 | 117,198 | |||
Titan Wind Energy Suzhou Company, Ltd., Class A | 5,000 | 9,976 | |||
Toly Bread Company, Ltd., Class A | 6,860 | 13,946 | |||
Tong Ren Tang Technologies Company, Ltd., H Shares | 19,000 | 13,431 | |||
Tongcheng Travel Holdings, Ltd. (A) | 30,400 | 62,264 | |||
Tongdao Liepin Group (A) | 4,400 | 5,490 | |||
TongFu Microelectronics Company, Ltd., Class A (A) | 7,600 | 20,354 | |||
Tongkun Group Company, Ltd., Class A | 6,000 | 12,379 | |||
Tongling Nonferrous Metals Group Company, Ltd., Class A | 29,300 | 12,248 | |||
Tongwei Company, Ltd., Class A | 5,000 | 38,213 | |||
Topchoice Medical Corp., Class A (A) | 600 | 10,082 | |||
Topsports International Holdings, Ltd. (B) | 71,000 | 56,040 | |||
Transfar Zhilian Company, Ltd., Class A | 12,300 | 9,910 | |||
TravelSky Technology, Ltd., H Shares | 31,500 | 54,901 | |||
Trigiant Group, Ltd. (A) | 82,000 | 6,146 | |||
Trip.com Group, Ltd., ADR (A) | 8,246 | 212,087 | |||
TRS Information Technology Corp, Ltd., Class A | 11,500 | 21,589 | |||
Tsaker New Energy Tech Company, Ltd. (B) | 22,500 | 4,030 | |||
Tsingtao Brewery Company, Ltd., H Shares | 14,000 | 135,954 | |||
Tuniu Corp., ADR (A) | 1,300 | 1,057 | |||
Unigroup Guoxin Microelectronics Company, Ltd., Class A | 559 | 12,604 | |||
Uni-President China Holdings, Ltd. | 95,600 | 82,307 | |||
Unisplendour Corp., Ltd., Class A | 6,100 | 15,237 | |||
Universal Scientific Industrial Shanghai Company, Ltd., Class A | 9,300 | 22,334 | |||
Vats Liquor Chain Store Management JSC, Ltd., Class A | 3,800 | 17,767 | |||
Venus MedTech Hangzhou, Inc., H Shares (A)(B) | 6,000 | 10,443 | |||
Victory Giant Technology Huizhou Company, Ltd., Class A | 8,100 | 18,907 | |||
Vipshop Holdings, Ltd., ADR (A) | 16,685 | 193,713 | |||
VNET Group, Inc., ADR (A) | 1,200 | 6,420 | |||
Walvax Biotechnology Company, Ltd., Class A | 1,900 | 11,978 | |||
Wanhua Chemical Group Company, Ltd., Class A | 6,300 | 80,639 | |||
Want Want China Holdings, Ltd. | 142,000 | 100,028 | |||
Wanxiang Qianchao Company, Ltd., Class A | 26,200 | 20,678 | |||
Weibo Corp., ADR (A) | 3,141 | 64,987 | |||
Weichai Power Company, Ltd., H Shares | 60,600 | 80,962 | |||
Weiqiao Textile Company, H Shares | 12,500 | 2,359 | |||
Wens Foodstuffs Group Company, Ltd., Class A (A) | 5,100 | 17,502 | |||
West China Cement, Ltd. | 162,000 | 19,983 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 22 |
Shares | Value | ||||
China (continued) | |||||
Will Semiconductor Company, Ltd., Class A | 1,755 | $23,728 | |||
Wingtech Technology Company, Ltd., Class A | 1,300 | 12,122 | |||
Wisdom Education International Holdings Company, Ltd. | 38,000 | 1,061 | |||
Wolong Electric Group Company, Ltd., Class A | 11,800 | 22,760 | |||
Wuchan Zhongda Group Company, Ltd., Class A | 20,600 | 13,706 | |||
Wuhan Dr Laser Technology Corp., Ltd., Class A | 960 | 27,795 | |||
Wuhan Guide Infrared Company, Ltd., Class A | 8,680 | 17,922 | |||
Wuhan Raycus Fiber Laser Technologies Company, Ltd., Class A (A) | 3,250 | 13,348 | |||
Wuhu Token Science Company, Ltd., Class A | 16,200 | 16,292 | |||
Wuliangye Yibin Company, Ltd., Class A | 4,200 | 101,412 | |||
WuXi AppTec Company, Ltd., H Shares (B) | 3,440 | 38,834 | |||
Wuxi Biologics Cayman, Inc. (A)(B) | 22,000 | 194,086 | |||
Wuxi NCE Power Company, Ltd., Class A | 1,400 | 20,797 | |||
Wuxi Shangji Automation Company, Ltd., Class A | 1,400 | 27,238 | |||
Wuxi Taiji Industry Company, Ltd., Class A | 8,400 | 7,690 | |||
XCMG Construction Machinery Company, Ltd., Class A (A) | 18,900 | 14,236 | |||
Xiabuxiabu Catering Management China Holdings Company, Ltd. (A)(B) | 26,500 | 12,477 | |||
Xiamen Faratronic Company, Ltd., Class A | 700 | 17,979 | |||
Xiamen International Port Company, Ltd., H Shares | 88,662 | 25,127 | |||
Xiamen Intretech, Inc., Class A | 4,300 | 12,636 | |||
Xiamen Kingdomway Group Company, Class A | 4,500 | 13,935 | |||
Xiamen Tungsten Company, Ltd., Class A | 5,100 | 18,645 | |||
Xiamen Xiangyu Company, Ltd., Class A | 16,000 | 21,098 | |||
Xi’an Triangle Defense Company, Ltd., Class A | 3,000 | 16,932 | |||
Xiaomi Corp., Class B (A)(B) | 256,000 | 373,929 | |||
Xinfengming Group Company, Ltd., Class A | 9,300 | 13,358 | |||
Xingda International Holdings, Ltd. | 47,899 | 9,808 | |||
Xinhua Winshare Publishing and Media Company, Ltd., H Shares | 22,650 | 15,933 | |||
Xinjiang Goldwind Science & Technology Company, Ltd., H Shares | 25,498 | 37,996 | |||
Xinjiang Xinxin Mining Industry Company, Ltd., H Shares (A) | 65,000 | 9,721 | |||
Xinte Energy Company, Ltd., H Shares | 20,800 | 54,282 | |||
Xinxing Ductile Iron Pipes Company, Ltd., Class A | 28,300 | 16,186 | |||
Xinyangfeng Agricultural Technology Company, Ltd., Class A | 7,600 | 16,860 | |||
Xinyi Energy Holdings, Ltd. | 84,000 | 33,925 | |||
Xinyi Solar Holdings, Ltd. | 128,127 | 176,203 | |||
Xinyu Iron & Steel Company, Ltd., Class A | 22,200 | 13,703 | |||
Xtep International Holdings, Ltd. | 47,304 | 65,643 | |||
Xunlei, Ltd., ADR (A) | 3,300 | 5,313 | |||
Yadea Group Holdings, Ltd. (B) | 36,000 | 68,666 | |||
Yangzhou Yangjie Electronic Technology Company, Ltd., Class A | 3,000 | 25,384 | |||
Yankuang Energy Group Company, Ltd., H Shares | 42,000 | 166,253 | |||
Yantai Eddie Precision Machinery Company, Ltd., Class A | 2,100 | 5,265 | |||
Yantai Jereh Oilfield Services Group Company, Ltd., Class A | 3,400 | 18,698 |
23 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Yantai Tayho Advanced Materials Company, Ltd., Class A | 8,300 | $19,924 | |||
Yashili International Holdings, Ltd. (A) | 114,000 | 16,845 | |||
Yealink Network Technology Corp., Ltd., Class A | 1,000 | 10,342 | |||
YiChang HEC ChangJiang Pharmaceutical Company, Ltd., H Shares (A)(B) | 27,600 | 17,522 | |||
Yida China Holdings, Ltd. (A) | 28,000 | 430 | |||
Yifan Pharmaceutical Company, Ltd., Class A (A) | 11,500 | 19,603 | |||
Yifeng Pharmacy Chain Company, Ltd., Class A | 2,700 | 20,840 | |||
Yihai International Holding, Ltd. (A) | 20,000 | 50,368 | |||
Yincheng International Holding Company, Ltd. (A) | 32,000 | 9,036 | |||
Yintai Gold Company, Ltd., Class A | 15,400 | 25,479 | |||
Yiren Digital, Ltd., ADR (A) | 1,046 | 1,140 | |||
Yixintang Pharmaceutical Group Company, Ltd., Class A | 4,100 | 15,828 | |||
YongXing Special Materials Technology Company, Ltd., Class A | 900 | 17,429 | |||
Youyuan International Holdings, Ltd. (A)(C) | 26,000 | 0 | |||
Yum China Holdings, Inc. | 7,523 | 376,978 | |||
Yum China Holdings, Inc. | 2,750 | 134,902 | |||
Yunda Holding Company, Ltd., Class A | 6,300 | 15,332 | |||
Yunnan Aluminium Company, Ltd., Class A | 7,000 | 10,182 | |||
Yunnan Baiyao Group Company, Ltd., Class A | 1,120 | 8,487 | |||
Yunnan Copper Company, Ltd., Class A | 8,600 | 13,565 | |||
Yunnan Energy New Material Company, Ltd., Class A | 700 | 19,525 | |||
Yunnan Tin Company, Ltd., Class A | 6,000 | 12,021 | |||
Zhangzhou Pientzehuang Pharmaceutical Company, Ltd., Class A | 800 | 34,810 | |||
Zhaojin Mining Industry Company, Ltd., H Shares (A) | 38,000 | 32,176 | |||
Zhefu Holding Group Company, Ltd., Class A | 19,600 | 12,247 | |||
Zhejiang Century Huatong Group Company, Ltd., Class A (A) | 19,700 | 13,014 | |||
Zhejiang Chint Electrics Company, Ltd., Class A | 5,300 | 24,208 | |||
Zhejiang Crystal-Optech Company, Ltd., Class A | 11,700 | 21,782 | |||
Zhejiang Dahua Technology Company, Ltd., Class A | 3,200 | 6,807 | |||
Zhejiang Dingli Machinery Company, Ltd., Class A | 2,000 | 11,346 | |||
Zhejiang Expressway Company, Ltd., H Shares | 42,000 | 31,967 | |||
Zhejiang Glass Company, Ltd., H Shares (A)(C) | 172,000 | 0 | |||
Zhejiang Hailiang Company, Ltd., Class A | 6,200 | 9,864 | |||
Zhejiang Huahai Pharmaceutical Company, Ltd., Class A | 6,400 | 18,474 | |||
Zhejiang Huayou Cobalt Company, Ltd., Class A | 1,690 | 18,225 | |||
Zhejiang Jiahua Energy Chemical Industry Company, Ltd., Class A | 13,100 | 19,495 | |||
Zhejiang Jingsheng Mechanical & Electrical Company, Ltd., Class A | 900 | 9,850 | |||
Zhejiang Jinke Tom Culture Industry Company, Ltd., Class A (A) | 41,600 | 22,011 | |||
Zhejiang Longsheng Group Company, Ltd., Class A | 10,700 | 14,774 | |||
Zhejiang Narada Power Source Company, Ltd., Class A (A) | 10,100 | 33,973 | |||
Zhejiang NHU Company, Ltd., Class A | 8,760 | 28,485 | |||
Zhejiang Semir Garment Company, Ltd., Class A | 18,564 | 13,949 | |||
Zhejiang Supor Company, Ltd., Class A | 2,600 | 17,245 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 24 |
Shares | Value | ||||
China (continued) | |||||
Zhejiang Tianyu Pharmaceutical Company, Ltd., Class A | 2,700 | $9,161 | |||
Zhejiang Weiming Environment Protection Company, Ltd., Class A | 5,000 | 18,432 | |||
Zhejiang Weixing New Building Materials Company, Ltd., Class A | 4,000 | 12,077 | |||
Zhejiang Windey Company, Ltd., Class A | 7,600 | 24,892 | |||
Zhejiang Wolwo Bio-Pharmaceutical Company, Ltd., Class A | 3,700 | 24,788 | |||
Zhejiang Xinan Chemical Industrial Group Company, Ltd., Class A | 7,280 | 19,866 | |||
Zhejiang Yongtai Technology Company, Ltd., Class A | 4,700 | 18,523 | |||
Zhengzhou Coal Mining Machinery Group Company, Ltd., H Shares | 15,800 | 18,319 | |||
ZhongAn Online P&C Insurance Company, Ltd., H Shares (A)(B) | 23,900 | 70,040 | |||
Zhongjin Gold Corp, Ltd., Class A | 8,100 | 8,625 | |||
Zhongsheng Group Holdings, Ltd. | 20,000 | 94,567 | |||
Zhongyuan Bank Company, Ltd., H Shares (A)(B) | 42,000 | 3,955 | |||
Zhou Hei Ya International Holdings Company, Ltd. (A)(B) | 59,000 | 29,476 | |||
Zhuzhou CRRC Times Electric Company, Ltd. | 7,900 | 38,200 | |||
Zhuzhou Hongda Electronics Corp, Ltd., Class A | 2,600 | 17,464 | |||
Zhuzhou Kibing Group Company, Ltd., Class A | 7,200 | 11,768 | |||
Zibo Qixiang Tengda Chemical Company, Ltd., Class A (A) | 4,760 | 5,035 | |||
Zijin Mining Group Company, Ltd., H Shares | 123,384 | 139,421 | |||
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares | 59,600 | 26,867 | |||
ZTE Corp., H Shares | 24,200 | 51,094 | |||
ZTO Express Cayman, Inc., ADR | 4,987 | 129,911 | |||
Colombia 0.1% | 164,074 | ||||
Banco de Bogota SA | 776 | 7,008 | |||
Bancolombia SA | 2,356 | 18,193 | |||
Celsia SA ESP | 23,575 | 17,555 | |||
Cementos Argos SA | 15,832 | 12,472 | |||
Corp. Financiera Colombiana SA (A) | 4,632 | 20,394 | |||
Ecopetrol SA | 66,214 | 33,742 | |||
Grupo Argos SA | 8,087 | 17,803 | |||
Grupo Energia Bogota SA ESP | 17,578 | 7,541 | |||
Interconexion Electrica SA ESP | 5,293 | 22,910 | |||
Mineros SA | 13,747 | 6,456 | |||
Cyprus 0.0% | 7,267 | ||||
ASBISc Enterprises PLC | 2,323 | 7,267 | |||
Czech Republic 0.1% | 149,690 | ||||
CEZ AS | 2,396 | 97,067 | |||
Komercni banka AS | 952 | 22,297 | |||
Moneta Money Bank AS (B) | 5,711 | 18,120 | |||
Philip Morris CR AS | 18 | 12,206 | |||
Egypt 0.0% | 29,583 | ||||
Commercial International Bank Egypt SAE, GDR | 16,847 | 29,583 |
25 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Greece 0.3% | $517,331 | ||||
Aegean Airlines SA (A) | 2,256 | 11,065 | |||
Alpha Services and Holdings SA (A) | 23,649 | 21,840 | |||
Athens Water Supply & Sewage Company SA | 1,181 | 9,217 | |||
Autohellas Tourist and Trading SA | 2,183 | 21,073 | |||
Bank of Greece | 1,576 | 25,208 | |||
Entersoft SA Software Development & Related Services Company | 2,018 | 8,072 | |||
Eurobank Ergasias Services and Holdings SA (A) | 33,880 | 31,434 | |||
FF Group (A)(C) | 6,657 | 10,035 | |||
Fourlis Holdings SA | 2,166 | 6,519 | |||
GEK Terna Holding Real Estate Construction SA (A) | 3,076 | 29,787 | |||
Hellenic Exchanges - Athens Stock Exchange SA | 1,960 | 6,493 | |||
Hellenic Petroleum Holdings SA | 1,399 | 9,626 | |||
Hellenic Telecommunications Organization SA | 3,641 | 57,924 | |||
Holding Company ADMIE IPTO SA | 8,138 | 14,708 | |||
JUMBO SA | 1,883 | 26,919 | |||
LAMDA Development SA (A) | 2,618 | 15,545 | |||
Motor Oil Hellas Corinth Refineries SA | 2,073 | 39,084 | |||
Mytilineos SA | 2,258 | 35,310 | |||
National Bank of Greece SA (A) | 12,054 | 38,901 | |||
OPAP SA | 2,059 | 27,121 | |||
Piraeus Financial Holdings SA (A) | 6,725 | 7,038 | |||
Piraeus Port Authority SA | 458 | 7,100 | |||
Public Power Corp. SA (A) | 1,977 | 10,321 | |||
Quest Holdings SA | 1,482 | 6,592 | |||
Sarantis SA | 1,766 | 10,725 | |||
Terna Energy SA | 1,025 | 18,281 | |||
Thrace Plastics Holding and Company | 2,689 | 11,393 | |||
Hong Kong 3.8% | 6,021,753 | ||||
AAG Energy Holdings, Ltd. (B) | 72,000 | 13,592 | |||
Alibaba Health Information Technology, Ltd. (A) | 44,000 | 25,215 | |||
Alibaba Pictures Group, Ltd. (A) | 410,000 | 32,254 | |||
Anxin-China Holdings, Ltd. (A)(C) | 1,988,000 | 0 | |||
APT Satellite Holdings, Ltd. | 70,000 | 19,223 | |||
Asian Citrus Holdings, Ltd. (A) | 144,000 | 2,088 | |||
Beijing Energy International Holding Company, Ltd. (A) | 146,000 | 4,483 | |||
Beijing Enterprises Holdings, Ltd. | 25,930 | 77,127 | |||
Beijing Enterprises Water Group, Ltd. | �� | 212,000 | 54,458 | ||
Beijing Gas Blue Sky Holdings, Ltd. (A) | 904,000 | 13,821 | |||
Beijing Tong Ren Tang Chinese Medicine Company, Ltd. | 12,000 | 14,931 | |||
BOE Varitronix, Ltd. | 8,000 | 18,249 | |||
Bosideng International Holdings, Ltd. | 80,000 | 44,919 | |||
Brilliance China Automotive Holdings, Ltd. (A)(C) | 170,000 | 43,482 | |||
C C Land Holdings, Ltd. | 240,540 | 61,259 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 26 |
Shares | Value | ||||
Hong Kong (continued) | |||||
C&D International Investment Group, Ltd. | 24,718 | $49,435 | |||
Canvest Environmental Protection Group Company, Ltd. | 36,000 | 21,581 | |||
CECEP COSTIN New Materials Group, Ltd. (A)(C) | 162,000 | 0 | |||
CGN New Energy Holdings Company, Ltd. | 66,000 | 25,298 | |||
China Aircraft Leasing Group Holdings, Ltd. | 12,000 | 7,937 | |||
China Chengtong Development Group, Ltd. | 158,000 | 2,962 | |||
China Common Rich Renewable Energy Investments, Ltd. (A)(C) | 2,486,000 | 68,099 | |||
China Education Group Holdings, Ltd. | 68,000 | 59,240 | |||
China Everbright Environment Group, Ltd. | 128,111 | 63,321 | |||
China Everbright Greentech, Ltd. (B) | 31,000 | 6,467 | |||
China Everbright, Ltd. | 35,000 | 25,562 | |||
China Fiber Optic Network System Group, Ltd. (A)(C) | 419,600 | 14,969 | |||
China Foods, Ltd. | 58,000 | 18,462 | |||
China Gas Holdings, Ltd. | 109,000 | 154,246 | |||
China Glass Holdings, Ltd. | 50,000 | 7,104 | |||
China High Precision Automation Group, Ltd. (A)(C) | 74,000 | 8,768 | |||
China High Speed Transmission Equipment Group Company, Ltd. (A) | 25,000 | 14,134 | |||
China Jinmao Holdings Group, Ltd. | 288,000 | 60,645 | |||
China Lumena New Materials Corp. (A)(C) | 31,800 | 0 | |||
China Mengniu Dairy Company, Ltd. (A) | 50,000 | 226,414 | |||
China Merchants Land, Ltd. (A) | 86,000 | 6,775 | |||
China Merchants Port Holdings Company, Ltd. | 38,292 | 57,487 | |||
China Metal Recycling Holdings, Ltd. (A)(C) | 14,579,934 | 0 | |||
China New Town Development Company, Ltd. (A) | 67,832 | 607 | |||
China Oil & Gas Group, Ltd. (A) | 337,040 | 13,736 | |||
China Overseas Grand Oceans Group, Ltd. | 121,509 | 57,366 | |||
China Overseas Land & Investment, Ltd. | 111,500 | 299,653 | |||
China Overseas Property Holdings, Ltd. | 50,667 | 53,770 | |||
China Power International Development, Ltd. | 111,666 | 62,338 | |||
China Properties Group, Ltd. (A)(C) | 19,000 | 904 | |||
China Resources Beer Holdings Company, Ltd. | 29,981 | 208,998 | |||
China Resources Cement Holdings, Ltd. | 133,518 | 82,302 | |||
China Resources Gas Group, Ltd. | 38,000 | 147,950 | |||
China Resources Land, Ltd. | 102,444 | 419,431 | |||
China Resources Power Holdings Company, Ltd. | 40,882 | 81,287 | |||
China Shuifa Singyes Energy Holdings, Ltd. | 78,000 | 10,189 | |||
China South City Holdings, Ltd. | 146,000 | 9,179 | |||
China Starch Holdings, Ltd. | 345,000 | 11,387 | |||
China State Construction Development Holdings, Ltd. | 38,000 | 10,095 | |||
China State Construction International Holdings, Ltd. | 72,000 | 83,135 | |||
China Taiping Insurance Holdings Company, Ltd. | 89,310 | 91,183 | |||
China Tobacco International HK Company, Ltd. | 8,000 | 11,806 | |||
China Traditional Chinese Medicine Holdings Company, Ltd. | 150,000 | 64,685 |
27 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Hong Kong (continued) | |||||
China Travel International Investment Hong Kong, Ltd. (A) | 146,000 | $26,523 | |||
China Vered Financial Holding Corp., Ltd. (A)(C) | 360,000 | 2,353 | |||
China Water Affairs Group, Ltd. | 36,000 | 32,792 | |||
China Water Industry Group, Ltd. (A) | 60,000 | 1,375 | |||
CIMC Enric Holdings, Ltd. | 48,000 | 51,270 | |||
CITIC Resources Holdings, Ltd. | 420,000 | 26,307 | |||
Citychamp Watch & Jewellery Group, Ltd. (A) | 65,800 | 10,142 | |||
Comba Telecom Systems Holdings, Ltd. (A) | 62,000 | 11,498 | |||
Concord New Energy Group, Ltd. | 420,000 | 38,483 | |||
Continental Aerospace Technologies Holding, Ltd. (A) | 186,799 | 2,378 | |||
COSCO SHIPPING International Hong Kong Company, Ltd. | 32,000 | 9,046 | |||
COSCO SHIPPING Ports, Ltd. | 98,150 | 63,511 | |||
Crazy Sports Group, Ltd. (A) | 186,000 | 5,415 | |||
CWT International, Ltd. (A) | 680,000 | 6,589 | |||
DBA Telecommunication Asia Holdings, Ltd. (A)(C) | 32,000 | 0 | |||
Digital China Holdings, Ltd. | 38,000 | 16,951 | |||
Essex Bio-technology, Ltd. | 23,000 | 12,142 | |||
EVA Precision Industrial Holdings, Ltd. | 146,000 | 27,931 | |||
Far East Horizon, Ltd. | 107,000 | 81,058 | |||
Fullshare Holdings, Ltd. (A) | 110,000 | 1,707 | |||
GCL New Energy Holdings, Ltd. (A) | 440,000 | 4,917 | |||
GCL Technology Holdings, Ltd. (A) | 309,000 | 110,291 | |||
Geely Automobile Holdings, Ltd. | 106,000 | 212,977 | |||
Gemdale Properties & Investment Corp., Ltd. | 288,000 | 24,540 | |||
Glorious Property Holdings, Ltd. (A) | 516,000 | 9,489 | |||
Goldlion Holdings, Ltd. | 122,000 | 19,915 | |||
Grand Pharmaceutical Group, Ltd. | 56,000 | 29,897 | |||
Guangdong Investment, Ltd. | 62,000 | 56,801 | |||
Health & Happiness H&H International Holdings, Ltd. | 13,000 | 17,374 | |||
Hi Sun Technology China, Ltd. (A) | 105,000 | 11,616 | |||
Hopson Development Holdings, Ltd. | 41,140 | 56,567 | |||
Hua Han Health Industry Holdings, Ltd. (A)(C) | 1,111,910 | 30,034 | |||
Huabao International Holdings, Ltd. | 23,000 | 11,761 | |||
Huanxi Media Group, Ltd. (A) | 70,000 | 8,113 | |||
IMAX China Holding, Inc. (B) | 7,300 | 5,470 | |||
Inspur International, Ltd. (A) | 28,000 | 9,079 | |||
International Alliance Financial Leasing Company, Ltd. (A)(B) | 30,000 | 15,841 | |||
Jinchuan Group International Resources Company, Ltd. | 77,000 | 8,309 | |||
Joy City Property, Ltd. (A) | 316,000 | 10,871 | |||
Joy Spreader Group, Inc. (A) | 63,000 | 9,682 | |||
JS Global Lifestyle Company, Ltd. (B) | 71,500 | 84,742 | |||
Ju Teng International Holdings, Ltd. | 59,722 | 10,700 | |||
Kingboard Holdings, Ltd. | 39,648 | 125,197 | |||
Kingboard Laminates Holdings, Ltd. | 60,000 | 57,235 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 28 |
Shares | Value | ||||
Hong Kong (continued) | |||||
Kunlun Energy Company, Ltd. | 188,000 | $163,697 | |||
Lee & Man Chemical Company, Ltd. | 14,000 | 11,596 | |||
Lee & Man Paper Manufacturing, Ltd. | 70,000 | 25,128 | |||
Lifestyle China Group, Ltd. (A) | 9,000 | 983 | |||
LK Technology Holdings, Ltd. | 19,250 | 28,133 | |||
LVGEM China Real Estate Investment Company, Ltd. (A) | 32,000 | 3,857 | |||
Mingfa Group International Company, Ltd. (A) | 995,000 | 49,017 | |||
Minmetals Land, Ltd. | 126,000 | 10,255 | |||
Nan Hai Corp., Ltd. (A)(C) | 1,900,000 | 7,625 | |||
Nine Dragons Paper Holdings, Ltd. | 96,000 | 75,328 | |||
PAX Global Technology, Ltd. | 50,000 | 47,792 | |||
Perennial Energy Holdings, Ltd. | 20,000 | 2,744 | |||
Phoenix Media Investment Holdings, Ltd. (A) | 76,000 | 3,336 | |||
Poly Property Group Company, Ltd. | 164,870 | 33,511 | |||
Pou Sheng International Holdings, Ltd. | 144,000 | 14,476 | |||
Prinx Chengshan Holdings, Ltd. | 10,500 | 9,351 | |||
REXLot Holdings, Ltd. (A)(C) | 2,065,304 | 1,934 | |||
Road King Infrastructure, Ltd. | 9,000 | 4,707 | |||
Shandong Hi-Speed New Energy Group, Ltd. (A) | 1,342,857 | 12,971 | |||
Shanghai Industrial Holdings, Ltd. | 19,041 | 26,469 | |||
Shanghai Industrial Urban Development Group, Ltd. | 115,349 | 9,255 | |||
Shenzhen International Holdings, Ltd. | 85,083 | 73,342 | |||
Shenzhen Investment, Ltd. | 149,175 | 27,317 | |||
Shimao Group Holdings, Ltd. (C) | 79,000 | 40,040 | |||
Shoucheng Holdings, Ltd. | 81,600 | 13,873 | |||
Shougang Fushan Resources Group, Ltd. | 145,268 | 46,077 | |||
Silver Grant International Holdings Group, Ltd. (A) | 72,334 | 4,578 | |||
Sino Biopharmaceutical, Ltd. | 207,750 | 109,114 | |||
Sinofert Holdings, Ltd. (A) | 118,000 | 15,891 | |||
Sinolink Worldwide Holdings, Ltd. (A) | 576,000 | 16,122 | |||
Sinopec Kantons Holdings, Ltd. | 62,000 | 18,923 | |||
Skyworth Group, Ltd. | 75,885 | 37,702 | |||
SMI Holdings Group, Ltd. (A)(C) | 228,889 | 14,581 | |||
SSY Group, Ltd. | 80,733 | 38,017 | |||
Sun Art Retail Group, Ltd. | 111,000 | 28,586 | |||
Symphony Holdings, Ltd. | 170,000 | 21,425 | |||
TCL Electronics Holdings, Ltd. (A) | 39,600 | 18,918 | |||
Tech Pro Technology Development, Ltd. (A)(C) | 966,000 | 4,812 | |||
The Wharf Holdings, Ltd. | 28,000 | 105,447 | |||
Tian An China Investment Company, Ltd. | 202,000 | 102,804 | |||
Tianjin Port Development Holdings, Ltd. | 154,000 | 11,554 | |||
Tibet Water Resources, Ltd. (A) | 149,000 | 9,854 | |||
Tongda Group Holdings, Ltd. (A) | 405,000 | 6,169 | |||
Towngas Smart Energy Company, Ltd. (A) | 46,985 | 20,612 |
29 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Hong Kong (continued) | |||||
Truly International Holdings, Ltd. | 101,000 | $22,126 | |||
United Energy Group, Ltd. | 462,000 | 57,009 | |||
Vinda International Holdings, Ltd. | 18,000 | 50,311 | |||
Wasion Holdings, Ltd. | 32,000 | 10,766 | |||
Yuexiu Property Company, Ltd. | 79,503 | 99,440 | |||
Yuexiu Transport Infrastructure, Ltd. | 36,000 | 17,226 | |||
Zhongyu Energy Holdings, Ltd. | 20,006 | 16,421 | |||
Zhuguang Holdings Group Company, Ltd. (A) | 60,000 | 7,634 | |||
Hungary 0.2% | 225,491 | ||||
MOL Hungarian Oil & Gas PLC | 18,291 | 126,032 | |||
OTP Bank NYRT | 2,426 | 51,594 | |||
Richter Gedeon NYRT | 2,374 | 47,865 | |||
India 16.0% | 25,382,493 | ||||
Aarti Drugs, Ltd. | 1,658 | 8,937 | |||
Aarti Industries, Ltd. | 4,856 | 50,069 | |||
Aavas Financiers, Ltd. (A) | 700 | 19,739 | |||
ABB India, Ltd. | 360 | 14,646 | |||
Abbott India, Ltd. | 167 | 39,125 | |||
ACC, Ltd. | 1,699 | 48,648 | |||
Adani Enterprises, Ltd. | 959 | 38,036 | |||
Adani Green Energy, Ltd. (A) | 2,176 | 66,044 | |||
Adani Ports & Special Economic Zone, Ltd. | 10,497 | 109,545 | |||
Adani Power, Ltd. (A) | 5,478 | 27,974 | |||
Adani Total Gas, Ltd. | 2,852 | 133,189 | |||
Adani Transmission, Ltd. (A) | 5,988 | 294,999 | |||
Aditya Birla Capital, Ltd. (A) | 27,085 | 38,272 | |||
Aegis Logistics, Ltd. | 7,126 | 25,783 | |||
Ahluwalia Contracts India, Ltd. (A) | 1,486 | 8,114 | |||
AIA Engineering, Ltd. | 1,625 | 52,528 | |||
Ajanta Pharma, Ltd. | 1,365 | 23,410 | |||
Akzo Nobel India, Ltd. | 703 | 17,095 | |||
Alembic Pharmaceuticals, Ltd. | 4,003 | 32,386 | |||
Alkem Laboratories, Ltd. | 727 | 27,064 | |||
Alkyl Amines Chemicals | 763 | 28,190 | |||
Allcargo Logistics, Ltd. | 2,220 | 9,786 | |||
Alok Industries, Ltd. (A) | 29,078 | 6,982 | |||
Amara Raja Batteries, Ltd. | 2,851 | 18,127 | |||
Amber Enterprises India, Ltd. (A) | 386 | 10,875 | |||
Ambuja Cements, Ltd. | 10,422 | 53,332 | |||
APL Apollo Tubes, Ltd. | 4,314 | 50,756 | |||
Apollo Hospitals Enterprise, Ltd. | 2,009 | 107,618 | |||
Apollo Tyres, Ltd. | 12,370 | 38,823 | |||
Arvind Fashions, Ltd. (A) | 10,714 | 36,526 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 30 |
Shares | Value | ||||
India (continued) | |||||
Arvind, Ltd. (A) | 13,022 | $15,785 | |||
Asahi India Glass, Ltd. | 4,311 | 34,176 | |||
Ashok Leyland, Ltd. | 22,860 | 43,796 | |||
Ashoka Buildcon, Ltd. (A) | 9,141 | 9,107 | |||
Asian Paints, Ltd. | 5,668 | 239,137 | |||
Aster DM Healthcare, Ltd. (A)(B) | 1,438 | 4,010 | |||
Astral, Ltd. | 2,457 | 63,753 | |||
Atul, Ltd. | 343 | 39,091 | |||
AU Small Finance Bank, Ltd. (B) | 3,418 | 27,088 | |||
Aurobindo Pharma, Ltd. | 12,432 | 84,648 | |||
Avanti Feeds, Ltd. | 3,600 | 20,810 | |||
Avenue Supermarts, Ltd. (A)(B) | 586 | 33,040 | |||
Axis Bank, Ltd. | 42,214 | 393,413 | |||
Axis Bank, Ltd., GDR | 309 | 14,640 | |||
Bajaj Auto, Ltd. | 1,404 | 71,655 | |||
Bajaj Consumer Care, Ltd. | 5,535 | 11,131 | |||
Bajaj Finance, Ltd. | 2,234 | 201,780 | |||
Bajaj Finserv, Ltd. | 392 | 82,164 | |||
Bajaj Holdings & Investment, Ltd. | 767 | 52,250 | |||
Balaji Amines, Ltd. | 207 | 8,918 | |||
Balkrishna Industries, Ltd. | 1,998 | 50,804 | |||
Balmer Lawrie & Company, Ltd. | 6,237 | 9,651 | |||
Balrampur Chini Mills, Ltd. | 6,172 | 26,898 | |||
Bandhan Bank, Ltd. (A)(B) | 12,034 | 41,524 | |||
Bank of Baroda | 25,551 | 41,404 | |||
Bank of India | 16,723 | 10,745 | |||
Bannari Amman Sugars, Ltd. | 62 | 2,126 | |||
BASF India, Ltd. | 543 | 22,570 | |||
Bata India, Ltd. | 1,199 | 28,983 | |||
Bayer CropScience, Ltd. | 329 | 22,433 | |||
BEML, Ltd. | 785 | 17,976 | |||
Berger Paints India, Ltd. | 5,244 | 43,877 | |||
Bharat Dynamics, Ltd. | 1,202 | 12,264 | |||
Bharat Electronics, Ltd. | 26,768 | 102,414 | |||
Bharat Forge, Ltd. | 5,241 | 48,221 | |||
Bharat Heavy Electricals, Ltd. (A) | 35,750 | 26,206 | |||
Bharat Petroleum Corp., Ltd. | 15,189 | 62,286 | |||
Bharat Rasayan, Ltd. | 84 | 12,628 | |||
Bharti Airtel, Ltd. | 49,113 | 444,030 | |||
Biocon, Ltd. | 7,884 | 30,416 | |||
Birla Corp., Ltd. | 940 | 11,366 | |||
Birlasoft, Ltd. | 6,697 | 26,548 | |||
Blue Dart Express, Ltd. | 115 | 12,269 | |||
Blue Star, Ltd. | 1,883 | 25,711 |
31 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Bombay Burmah Trading Company | 1,501 | $17,054 | |||
Borosil Renewables, Ltd. (A) | 1,436 | 10,048 | |||
Bosch, Ltd. | 149 | 32,518 | |||
Brigade Enterprises, Ltd. | 3,433 | 21,706 | |||
Brightcom Group, Ltd. | 5,600 | 2,842 | |||
Britannia Industries, Ltd. | 1,637 | 76,460 | |||
BSE, Ltd. | 4,053 | 32,841 | |||
Can Fin Homes, Ltd. | 3,284 | 25,800 | |||
Canara Bank | 12,044 | 35,917 | |||
Capacit’e Infraprojects, Ltd. (A) | 2,705 | 5,581 | |||
Caplin Point Laboratories, Ltd. | 742 | 7,235 | |||
Carborundum Universal, Ltd. | 4,213 | 44,138 | |||
Care Ratings, Ltd. | 1,862 | 11,684 | |||
Castrol India, Ltd. | 11,199 | 15,947 | |||
CCL Products India, Ltd. | 3,414 | 20,315 | |||
Ceat, Ltd. | 1,368 | 23,698 | |||
Central Depository Services India, Ltd. | 1,657 | 25,587 | |||
Century Enka, Ltd. | 2,505 | 14,357 | |||
Century Plyboards India, Ltd. | 2,506 | 20,986 | |||
Century Textiles & Industries, Ltd. | 1,858 | 19,836 | |||
Cera Sanitaryware, Ltd. | 172 | 10,615 | |||
CESC, Ltd. | 16,270 | 16,423 | |||
CG Power & Industrial Solutions, Ltd. (A) | 7,501 | 20,877 | |||
Chambal Fertilizers & Chemicals, Ltd. | 8,291 | 36,083 | |||
Chennai Petroleum Corp., Ltd. | 3,148 | 11,435 | |||
Chennai Super Kings Cricket, Ltd. (A)(C) | 271,316 | 7,683 | |||
Cholamandalam Financial Holdings, Ltd. | 3,690 | 30,950 | |||
Cholamandalam Investment and Finance Company, Ltd. | 9,090 | 89,028 | |||
Cipla, Ltd. | 12,830 | 166,239 | |||
City Union Bank, Ltd. | 16,091 | 35,920 | |||
Coal India, Ltd. | 26,598 | 77,653 | |||
Cochin Shipyard, Ltd. (B) | 2,563 | 12,039 | |||
Coforge, Ltd. | 826 | 36,394 | |||
Colgate-Palmolive India, Ltd. | 2,924 | 61,324 | |||
Computer Age Management Services, Ltd. | 1,327 | 37,981 | |||
Container Corp. of India, Ltd. | 4,177 | 36,150 | |||
Coromandel International, Ltd. | 4,838 | 63,574 | |||
Cosmo First, Ltd. | 768 | 8,762 | |||
CreditAccess Grameen, Ltd. (A) | 2,168 | 26,684 | |||
CRISIL, Ltd. | 519 | 21,237 | |||
Crompton Greaves Consumer Electricals, Ltd. | 21,222 | 107,879 | |||
Cummins India, Ltd. | 3,376 | 50,241 | |||
Cyient, Ltd. | 3,035 | 32,102 | |||
Dabur India, Ltd. | 7,764 | 56,692 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 32 |
Shares | Value | ||||
India (continued) | |||||
Dalmia Bharat, Ltd. | 3,032 | $58,171 | |||
DCB Bank, Ltd. | 11,434 | 13,421 | |||
DCM Shriram, Ltd. | 1,679 | 21,973 | |||
Deepak Fertilisers & Petrochemicals Corp., Ltd. | 2,991 | 33,920 | |||
Deepak Nitrite, Ltd. | 2,163 | 53,064 | |||
Delta Corp., Ltd. | 8,433 | 21,971 | |||
DEN Networks, Ltd. (A) | 139 | 64 | |||
Dhampur Bio Organics, Ltd. (A)(C) | 2,251 | 1,167 | |||
Dhampur Sugar Mills, Ltd. | 2,251 | 6,473 | |||
Dhani Services, Ltd. (A) | 12,484 | 10,059 | |||
Dhanuka Agritech, Ltd. | 1,093 | 9,663 | |||
Dilip Buildcon, Ltd. (B) | 2,723 | 8,157 | |||
Dish TV India, Ltd. (A) | 46,324 | 6,959 | |||
Dishman Carbogen Amcis, Ltd. (A) | 1,354 | 1,968 | |||
Divi’s Laboratories, Ltd. | 2,696 | 121,256 | |||
Dixon Technologies India, Ltd. | 932 | 47,465 | |||
DLF, Ltd. | 6,985 | 33,737 | |||
Dr. Lal PathLabs, Ltd. (B) | 935 | 29,784 | |||
Dr. Reddy’s Laboratories, Ltd. | 1,929 | 101,640 | |||
Dr. Reddy’s Laboratories, Ltd., ADR | 1,343 | 70,225 | |||
DRC Systems India, Ltd. (A) | 40 | 15 | |||
eClerx Services, Ltd. | 747 | 19,610 | |||
Edelweiss Financial Services, Ltd. | 26,662 | 20,260 | |||
Eicher Motors, Ltd. | 2,132 | 89,013 | |||
EID Parry India, Ltd. | 5,725 | 37,848 | |||
EIH, Ltd. (A) | 9,617 | 19,123 | |||
Electrosteel Castings, Ltd. | 19,684 | 8,980 | |||
Elgi Equipments, Ltd. | 5,316 | 32,732 | |||
Emami, Ltd. | 6,514 | 39,477 | |||
Endurance Technologies, Ltd. (B) | 1,718 | 32,069 | |||
Engineers India, Ltd. | 20,066 | 16,962 | |||
EPL, Ltd. | 5,314 | 11,288 | |||
Equitas Small Finance Bank, Ltd. (A)(B) | 22,252 | 12,646 | |||
Eris Lifesciences, Ltd. (B) | 1,141 | 9,871 | |||
ESAB India, Ltd. | 249 | 10,091 | |||
Escorts Kubota, Ltd. | 704 | 17,506 | |||
Eveready Industries India, Ltd. (A) | 2,379 | 10,553 | |||
Everest Industries, Ltd. | 1,241 | 11,013 | |||
Excel Industries, Ltd. | 997 | 18,162 | |||
Exide Industries, Ltd. | 19,965 | 39,856 | |||
FDC, Ltd. (A) | 3,870 | 12,832 | |||
Federal Bank, Ltd. | 85,072 | 123,267 | |||
Filatex India, Ltd. | 14,304 | 20,026 | |||
Fine Organic Industries, Ltd. | 295 | 22,821 |
33 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Finolex Cables, Ltd. | 1,481 | $8,522 | |||
Finolex Industries, Ltd. | 22,715 | 42,972 | |||
Firstsource Solutions, Ltd. | 26,321 | 34,919 | |||
Fortis Healthcare, Ltd. (A) | 13,636 | 49,900 | |||
GAIL India, Ltd. | 50,856 | 86,417 | |||
Galaxy Surfactants, Ltd. | 192 | 7,846 | |||
Garware Technical Fibres, Ltd. | 570 | 24,983 | |||
Gateway Distriparks, Ltd. | 11,344 | 9,677 | |||
GHCL, Ltd. | 3,822 | 28,371 | |||
Gillette India, Ltd. | 409 | 28,207 | |||
GlaxoSmithKline Pharmaceuticals, Ltd. | 911 | 16,623 | |||
Glenmark Pharmaceuticals, Ltd. | 6,753 | 31,260 | |||
GMR Infrastructure, Ltd. (A) | 26,740 | 11,892 | |||
Godawari Power & Ispat, Ltd. | 1,530 | 5,622 | |||
Godfrey Phillips India, Ltd. | 824 | 11,435 | |||
Godrej Agrovet, Ltd. (B) | 1,484 | 9,673 | |||
Godrej Consumer Products, Ltd. (A) | 7,299 | 84,054 | |||
Godrej Industries, Ltd. (A) | 1,720 | 10,378 | |||
Godrej Properties, Ltd. (A) | 2,069 | 36,146 | |||
Granules India, Ltd. | 10,612 | 40,389 | |||
Graphite India, Ltd. | 3,367 | 17,160 | |||
Grasim Industries, Ltd. | 4,679 | 97,305 | |||
Greaves Cotton, Ltd. | 10,536 | 22,215 | |||
Greenpanel Industries, Ltd. | 2,085 | 11,632 | |||
Greenply Industries, Ltd. | 3,816 | 8,904 | |||
Grindwell Norton, Ltd. | 1,284 | 35,215 | |||
Gujarat Alkalies & Chemicals, Ltd. | 2,634 | 28,990 | |||
Gujarat Ambuja Exports, Ltd. (A) | 9,856 | 33,681 | |||
Gujarat Fluorochemicals, Ltd. | 595 | 24,657 | |||
Gujarat Gas, Ltd. | 4,540 | 26,682 | |||
Gujarat Mineral Development Corp., Ltd. | 12,126 | 24,959 | |||
Gujarat Narmada Valley Fertilizers & Chemicals, Ltd. | 6,514 | 60,552 | |||
Gujarat Pipavav Port, Ltd. | 8,466 | 9,193 | |||
Gujarat State Fertilizers & Chemicals, Ltd. | 6,340 | 12,412 | |||
Gujarat State Petronet, Ltd. | 14,293 | 42,978 | |||
Gulf Oil Lubricants India, Ltd. | 1,134 | 6,871 | |||
Happiest Minds Technologies, Ltd. | 1,755 | 22,371 | |||
Hatsun Agro Product, Ltd. | 2,889 | 37,256 | |||
Havells India, Ltd. | 2,687 | 46,087 | |||
HBL Power Systems, Ltd. | 13,697 | 13,804 | |||
HCL Technologies, Ltd. | 22,516 | 261,317 | |||
HDFC Asset Management Company, Ltd. (B) | 1,445 | 37,192 | |||
HDFC Bank, Ltd. | 44,054 | 806,262 | |||
HDFC Life Insurance Company, Ltd. (B) | 5,636 | 40,305 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 34 |
Shares | Value | ||||
India (continued) | |||||
HEG, Ltd. | 690 | $10,753 | |||
HeidelbergCement India, Ltd. | 5,347 | 12,757 | |||
Heritage Foods, Ltd. | 1,223 | 5,020 | |||
Hero MotoCorp, Ltd. | 3,669 | 129,653 | |||
HFCL, Ltd. | 27,725 | 25,492 | |||
Hikal, Ltd. | 4,873 | 20,748 | |||
HIL, Ltd. | 253 | 11,656 | |||
Himadri Speciality Chemical, Ltd. | 8,292 | 10,152 | |||
Hindalco Industries, Ltd. | 43,468 | 235,216 | |||
Hinduja Global Solutions, Ltd. | 1,920 | 35,701 | |||
Hindustan Aeronautics, Ltd. | 1,685 | 48,177 | |||
Hindustan Copper, Ltd. | 7,650 | 11,180 | |||
Hindustan Petroleum Corp., Ltd. | 16,548 | 50,114 | |||
Hindustan Unilever, Ltd. | 7,143 | 236,667 | |||
Hitachi Energy India, Ltd. | 187 | 8,678 | |||
Hle Glascoat, Ltd. (A) | 309 | 13,608 | |||
Honeywell Automation India, Ltd. | 22 | 11,864 | |||
Housing Development Finance Corp., Ltd. | 12,490 | 378,233 | |||
I G Petrochemicals, Ltd. | 1,432 | 10,572 | |||
ICICI Bank, Ltd. | 51,589 | 566,775 | |||
ICICI Lombard General Insurance Company, Ltd. (B) | 3,426 | 55,074 | |||
ICICI Prudential Life Insurance Company, Ltd. (B) | 4,759 | 35,174 | |||
IDFC First Bank, Ltd. (A) | 79,973 | 48,581 | |||
IDFC, Ltd. | 60,709 | 51,754 | |||
IIFL Finance, Ltd. | 6,181 | 26,410 | |||
IIFL Securities, Ltd. | 25,293 | 22,501 | |||
IIFL Wealth Management, Ltd. | 1,669 | 35,051 | |||
India Glycols, Ltd. | 1,050 | 11,642 | |||
Indiabulls Housing Finance, Ltd. (A) | 11,122 | 18,738 | |||
Indiabulls Real Estate, Ltd. (A) | 22,443 | 24,084 | |||
Indian Bank | 7,502 | 17,946 | |||
Indian Energy Exchange, Ltd. (B) | 15,714 | 31,317 | |||
Indian Oil Corp., Ltd. | 37,365 | 33,364 | |||
Indian Overseas Bank (A) | 89,244 | 19,808 | |||
Indian Railway Catering & Tourism Corp, Ltd. | 1,247 | 10,880 | |||
Indian Railway Finance Corp., Ltd. (B) | 58,425 | 15,624 | |||
Indo Count Industries, Ltd. (A) | 5,802 | 11,775 | |||
Indoco Remedies, Ltd. | 2,184 | 9,764 | |||
Indraprastha Gas, Ltd. | 4,812 | 25,153 | |||
Indus Towers, Ltd. | 22,994 | 57,180 | |||
IndusInd Bank, Ltd. | 6,140 | 83,957 | |||
Infibeam Avenues, Ltd. | 7,848 | 1,541 | |||
Info Edge India, Ltd. | 763 | 41,011 | |||
Infosys, Ltd. | 67,315 | 1,238,155 |
35 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Inox Leisure, Ltd. (A) | 1,924 | $12,058 | |||
Intellect Design Arena, Ltd. | 4,460 | 32,659 | |||
InterGlobe Aviation, Ltd. (A)(B) | 1,383 | 34,421 | |||
IOL Chemicals and Pharmaceuticals, Ltd. | 2,378 | 10,624 | |||
Ipca Laboratories, Ltd. | 4,797 | 54,272 | |||
IRB Infrastructure Developers, Ltd. | 7,984 | 23,431 | |||
ISGEC Heavy Engineering, Ltd. | 1,756 | 10,429 | |||
ITC, Ltd. | 55,148 | 220,524 | |||
Jaiprakash Power Ventures, Ltd. (A) | 246,265 | 23,183 | |||
Jamna Auto Industries, Ltd. | 8,736 | 12,694 | |||
JB Chemicals & Pharmaceuticals, Ltd. | 1,561 | 34,348 | |||
Jindal Poly Films, Ltd. | 849 | 11,112 | |||
Jindal Saw, Ltd. | 11,500 | 12,407 | |||
Jindal Stainless Hisar, Ltd. (A) | 8,000 | 24,346 | |||
Jindal Stainless, Ltd. (A) | 16,249 | 25,871 | |||
Jindal Steel & Power, Ltd. | 18,798 | 100,832 | |||
JK Cement, Ltd. | 1,185 | 39,936 | |||
JK Lakshmi Cement, Ltd. | 1,846 | 10,863 | |||
JK Paper, Ltd. | 7,345 | 38,124 | |||
JK Tyre & Industries, Ltd. | 5,594 | 9,655 | |||
JM Financial, Ltd. | 20,631 | 16,383 | |||
Johnson Controls-Hitachi Air Conditioning India, Ltd. (A) | 126 | 2,524 | |||
JSW Energy, Ltd. | 11,617 | 49,396 | |||
JSW Steel, Ltd. | 26,798 | 221,307 | |||
Jubilant Foodworks, Ltd. | 10,770 | 81,978 | |||
Jubilant Ingrevia, Ltd. | 7,891 | 45,746 | |||
Jubilant Pharmova, Ltd. | 4,250 | 18,540 | |||
Jyothy Labs, Ltd. | 3,881 | 9,190 | |||
Kajaria Ceramics, Ltd. | 2,313 | 33,444 | |||
Kalpataru Power Transmission, Ltd. | 4,585 | 23,257 | |||
Kansai Nerolac Paints, Ltd. | 2,011 | 12,765 | |||
Kaveri Seed Company, Ltd. | 1,406 | 8,007 | |||
KEC International, Ltd. | 5,101 | 25,905 | |||
KEI Industries, Ltd. | 2,534 | 46,080 | |||
Kennametal India, Ltd. | 385 | 11,393 | |||
Kesoram Industries, Ltd. (A) | 22,225 | 14,151 | |||
Kirloskar Ferrous Industries, Ltd. | 3,950 | 12,456 | |||
Kirloskar Oil Engines, Ltd. | 5,185 | 14,631 | |||
KNR Constructions, Ltd. | 10,900 | 35,454 | |||
Kotak Mahindra Bank, Ltd. | 7,330 | 173,222 | |||
KPIT Technologies, Ltd. | 7,331 | 51,006 | |||
KPR Mill, Ltd. | 7,851 | 58,874 | |||
KRBL, Ltd. | 3,905 | 15,313 | |||
KSB, Ltd. | 308 | 7,302 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 36 |
Shares | Value | ||||
India (continued) | |||||
L&T Finance Holdings, Ltd. | 29,921 | $29,350 | |||
L&T Technology Services, Ltd. (B) | 619 | 28,319 | |||
Lakshmi Machine Works, Ltd. | 116 | 17,380 | |||
Larsen & Toubro Infotech, Ltd. (B) | 1,380 | 78,990 | |||
Larsen & Toubro, Ltd. | 9,449 | 224,665 | |||
Laurus Labs, Ltd. (B) | 11,341 | 81,489 | |||
Lemon Tree Hotels, Ltd. (A)(B) | 16,559 | 14,352 | |||
LG Balakrishnan & Bros, Ltd. | 1,069 | 9,256 | |||
LIC Housing Finance, Ltd. | 15,156 | 77,019 | |||
Linde India, Ltd. | 720 | 30,767 | |||
LT Foods, Ltd. | 10,845 | 12,793 | |||
Lupin, Ltd. | 4,268 | 35,607 | |||
LUX Industries, Ltd. | 400 | 9,004 | |||
Mahanagar Gas, Ltd. | 2,409 | 26,126 | |||
Maharashtra Seamless, Ltd. | 1,309 | 13,687 | |||
Mahindra & Mahindra Financial Services, Ltd. | 31,685 | 80,561 | |||
Mahindra & Mahindra, Ltd. | 17,094 | 277,510 | |||
Mahindra CIE Automotive, Ltd. | 10,554 | 36,089 | |||
Mahindra Holidays & Resorts India, Ltd. (A) | 3,229 | 10,553 | |||
Mahindra Lifespace Developers, Ltd. | 3,324 | 21,381 | |||
Mahindra Logistics, Ltd. (B) | 2,513 | 15,097 | |||
Maithan Alloys, Ltd. | 893 | 11,518 | |||
Manappuram Finance, Ltd. | 18,276 | 23,988 | |||
Mangalam Cement, Ltd. | 2,535 | 10,830 | |||
Mangalore Refinery & Petrochemicals, Ltd. (A) | 16,715 | 15,156 | |||
Marico, Ltd. | 10,341 | 67,577 | |||
Marksans Pharma, Ltd. | 20,609 | 13,403 | |||
Maruti Suzuki India, Ltd. | 448 | 50,359 | |||
MAS Financial Services, Ltd. (B) | 338 | 3,154 | |||
Mastek, Ltd. | 812 | 19,088 | |||
Max Financial Services, Ltd. (A) | 1,846 | 18,963 | |||
Max Healthcare Institute, Ltd. (A) | 4,012 | 19,185 | |||
Mayur Uniquoters, Ltd. | 1,222 | 7,368 | |||
Meghmani Finechem, Ltd. (A) | 811 | 14,382 | |||
Meghmani Organics, Ltd. | 8,623 | 13,124 | |||
Metropolis Healthcare, Ltd. (B) | 608 | 10,834 | |||
Mindtree, Ltd. | 1,858 | 75,914 | |||
MOIL, Ltd. | 4,627 | 9,454 | |||
Motherson Sumi Wiring India, Ltd. | 27,023 | 27,269 | |||
Motilal Oswal Financial Services, Ltd. | 2,377 | 22,801 | |||
Mphasis, Ltd. | 2,590 | 68,093 | |||
MRF, Ltd. | 51 | 54,204 | |||
Multi Commodity Exchange of India, Ltd. | 573 | 9,184 | |||
Muthoot Finance, Ltd. | 4,445 | 58,067 |
37 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Narayana Hrudayalaya, Ltd. | 2,070 | $18,133 | |||
Natco Pharma, Ltd. | 2,708 | 20,770 | |||
National Aluminium Company, Ltd. | 41,880 | 41,730 | |||
Navin Fluorine International, Ltd. | 486 | 25,929 | |||
Navneet Education, Ltd. | 6,879 | 12,146 | |||
NBCC India, Ltd. | 20,368 | 8,689 | |||
NCC, Ltd. | 22,228 | 19,285 | |||
NESCO, Ltd. | 1,774 | 12,715 | |||
Nestle India, Ltd. | 671 | 166,513 | |||
Neuland Laboratories, Ltd. | 633 | 9,978 | |||
NHPC, Ltd. | 49,668 | 23,681 | |||
NIIT, Ltd. | 4,498 | 19,317 | |||
Nippon Life India Asset Management, Ltd. (B) | 4,760 | 17,876 | |||
NMDC, Ltd. | 25,624 | 38,986 | |||
NOCIL, Ltd. | 4,078 | 13,396 | |||
NTPC, Ltd. | 53,645 | 109,797 | |||
Oberoi Realty, Ltd. | 2,438 | 30,406 | |||
Oil & Natural Gas Corp., Ltd. | 33,290 | 57,504 | |||
Oil India, Ltd. | 11,025 | 26,561 | |||
Omaxe, Ltd. (A) | 3,052 | 3,773 | |||
Oracle Financial Services Software, Ltd. | 733 | 28,996 | |||
Orient Cement, Ltd. | 11,602 | 17,305 | |||
Orient Electric, Ltd. | 5,114 | 16,595 | |||
Page Industries, Ltd. | 144 | 91,757 | |||
Paisalo Digital, Ltd. | 12,720 | 11,870 | |||
Parag Milk Foods, Ltd. (B) | 3,025 | 4,198 | |||
PCBL, Ltd. | 12,844 | 21,881 | |||
Persistent Systems, Ltd. | 1,884 | 82,328 | |||
Petronet LNG, Ltd. | 31,783 | 87,582 | |||
Pfizer, Ltd. | 365 | 19,124 | |||
PI Industries, Ltd. | 1,410 | 60,361 | |||
Pidilite Industries, Ltd. | 1,608 | 54,854 | |||
Piramal Enterprises, Ltd. | 2,644 | 35,328 | |||
Piramal Pharma, Ltd. (A)(C) | 10,576 | 28,998 | |||
PNB Housing Finance, Ltd. (A)(B) | 3,296 | 14,257 | |||
PNC Infratech, Ltd. | 3,706 | 13,060 | |||
Poly Medicure, Ltd. | 1,086 | 11,646 | |||
Polycab India, Ltd. | 351 | 10,723 | |||
Polyplex Corp., Ltd. | 1,121 | 30,025 | |||
Poonawalla Fincorp, Ltd. | 5,776 | 21,849 | |||
Power Finance Corp., Ltd. | 52,704 | 78,825 | |||
Power Grid Corp. of India, Ltd. | 46,280 | 132,445 | |||
Praj Industries, Ltd. | 5,641 | 29,266 | |||
Prakash Industries, Ltd. (A) | 13,616 | 9,501 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 38 |
Shares | Value | ||||
India (continued) | |||||
Prestige Estates Projects, Ltd. | 9,831 | $56,006 | |||
Pricol, Ltd. (A) | 11,959 | 25,687 | |||
Prince Pipes & Fittings, Ltd. | 1,195 | 8,707 | |||
Prism Johnson, Ltd. (A) | 8,573 | 13,469 | |||
Privi Speciality Chemicals, Ltd. | 266 | 4,568 | |||
Procter & Gamble Health, Ltd. | 219 | 11,559 | |||
Procter & Gamble Hygiene & Health Care, Ltd. | 209 | 36,707 | |||
PTC India, Ltd. | 18,544 | 19,588 | |||
Punjab National Bank | 48,156 | 21,484 | |||
PVR, Ltd. (A) | 507 | 11,522 | |||
Quess Corp., Ltd. (B) | 3,110 | 22,124 | |||
Radico Khaitan, Ltd. | 2,854 | 37,164 | |||
Rain Industries, Ltd. | 8,295 | 20,403 | |||
Rajesh Exports, Ltd. | 2,147 | 15,844 | |||
Rallis India, Ltd. | 4,796 | 13,539 | |||
Rashtriya Chemicals & Fertilizers, Ltd. | 12,255 | 15,044 | |||
Ratnamani Metals & Tubes, Ltd. | 1,132 | 26,195 | |||
Raymond, Ltd. | 2,169 | 25,857 | |||
RBL Bank, Ltd. (A)(B) | 11,999 | 18,142 | |||
REC, Ltd. | 50,697 | 68,774 | |||
REC, Ltd., Bonus Shares (A) | 16,899 | 22,946 | |||
Redington India, Ltd. | 35,936 | 67,252 | |||
Relaxo Footwears, Ltd. | 1,337 | 16,671 | |||
Reliance Industrial Infrastructure, Ltd. (A) | 1,517 | 19,211 | |||
Reliance Industries, Ltd. | 31,757 | 1,041,959 | |||
Reliance Power, Ltd. (A) | 134,173 | 28,122 | |||
RITES, Ltd. | 3,309 | 12,270 | |||
Route Mobile, Ltd. | 484 | 9,080 | |||
RSWM, Ltd. | 2,968 | 14,306 | |||
Samvardhana Motherson International, Ltd. | 27,023 | 41,301 | |||
Sanofi India, Ltd. | 330 | 25,590 | |||
Sarda Energy & Minerals, Ltd. | 670 | 7,587 | |||
Saregama India, Ltd. | 2,286 | 11,419 | |||
SBI Cards & Payment Services, Ltd. | 1,618 | 18,488 | |||
SBI Life Insurance Company, Ltd. (B) | 1,551 | 25,649 | |||
Schaeffler India, Ltd. | 1,580 | 59,788 | |||
Sequent Scientific, Ltd. | 6,725 | 9,454 | |||
SH Kelkar & Company, Ltd. (B) | 2,917 | 5,250 | |||
Sharda Cropchem, Ltd. | 1,304 | 8,425 | |||
Sheela Foam, Ltd. (A) | 532 | 19,770 | |||
Shilpa Medicare, Ltd. | 1,871 | 9,186 | |||
Shipping Corp. of India, Ltd. | 15,670 | 23,044 | |||
Shoppers Stop, Ltd. (A) | 5,067 | 39,335 | |||
Shree Cement, Ltd. | 211 | 57,968 |
39 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Shree Renuka Sugars, Ltd. (A) | 35,331 | $20,533 | |||
Shriram City Union Finance, Ltd. | 1,314 | 31,088 | |||
Shriram Transport Finance Company, Ltd. | 7,625 | 127,966 | |||
Siemens, Ltd. | 1,221 | 43,739 | |||
SIS, Ltd. (A) | 2,444 | 13,790 | |||
Siyaram Silk Mills, Ltd. | 2,626 | 16,467 | |||
SKF India, Ltd. | 758 | 46,048 | |||
Sobha, Ltd. | 2,447 | 21,170 | |||
Solar Industries India, Ltd. | 775 | 32,214 | |||
Somany Ceramics, Ltd. (A) | 1,288 | 10,389 | |||
Sonata Software, Ltd. | 2,617 | 23,024 | |||
SRF, Ltd. | 3,300 | 103,920 | |||
State Bank of India | 21,389 | 140,758 | |||
State Bank of India, GDR | 1,310 | 86,537 | |||
Steel Authority of India, Ltd. | 52,427 | 52,710 | |||
Sterlite Technologies, Ltd. | 5,984 | 12,785 | |||
Strides Pharma Science, Ltd. (A) | 1,444 | 5,933 | |||
Subex, Ltd. (A) | 34,640 | 16,016 | |||
Sudarshan Chemical Industries, Ltd. | 1,793 | 10,297 | |||
Sun Pharmaceutical Industries, Ltd. | 15,573 | 173,516 | |||
Sun TV Network, Ltd. | 3,349 | 20,835 | |||
Sundaram Finance Holdings, Ltd. | 10,043 | 10,007 | |||
Sundaram Finance, Ltd. | 2,061 | 54,034 | |||
Sundaram-Clayton, Ltd. | 333 | 19,638 | |||
Sundram Fasteners, Ltd. | 4,560 | 47,544 | |||
Sunteck Realty, Ltd. | 3,702 | 21,888 | |||
Suprajit Engineering, Ltd. | 1,533 | 6,507 | |||
Supreme Industries, Ltd. | 1,902 | 46,739 | |||
Supreme Petrochem, Ltd. | 1,965 | 18,944 | |||
Suven Pharmaceuticals, Ltd. | 3,709 | 22,573 | |||
Suzlon Energy, Ltd. (A) | 170,834 | 17,236 | |||
Syngene International, Ltd. (B) | 5,386 | 40,673 | |||
Tamilnadu Petroproducts, Ltd. | 8,594 | 10,892 | |||
Tanla Platforms, Ltd. | 1,960 | 17,410 | |||
Tata Chemicals, Ltd. | 3,799 | 53,341 | |||
Tata Coffee, Ltd. | 3,642 | 10,602 | |||
Tata Communications, Ltd. | 2,825 | 42,099 | |||
Tata Consultancy Services, Ltd. | 13,575 | 541,199 | |||
Tata Consumer Products, Ltd. | 6,889 | 69,615 | |||
Tata Elxsi, Ltd. | 1,110 | 123,687 | |||
Tata Metaliks, Ltd. | 1,562 | 15,072 | |||
Tata Motors, Ltd. (A) | 45,265 | 263,213 | |||
Tata Motors, Ltd., ADR (A) | 670 | 19,430 | |||
Tata Steel, Ltd. | 229,380 | 308,393 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 40 |
Shares | Value | ||||
India (continued) | |||||
TCI Express, Ltd. | 501 | $11,050 | |||
Tech Mahindra, Ltd. | 11,731 | 156,320 | |||
Techno Electric & Engineering Company, Ltd. | 4,863 | 17,365 | |||
The Great Eastern Shipping Company, Ltd. | 4,812 | 34,191 | |||
The India Cements, Ltd. | 6,706 | 18,951 | |||
The Indian Hotels Company, Ltd. | 10,357 | 36,566 | |||
The Karnataka Bank, Ltd. | 11,008 | 10,250 | |||
The Karur Vysya Bank, Ltd. | 30,314 | 25,885 | |||
The Phoenix Mills, Ltd. | 3,443 | 60,021 | |||
The Ramco Cements, Ltd. | 4,331 | 40,839 | |||
The South Indian Bank, Ltd. (A) | 46,489 | 4,763 | |||
The Tata Power Company, Ltd. | 15,911 | 46,568 | |||
The Tinplate Company of India, Ltd. | 2,180 | 8,564 | |||
Thermax, Ltd. | 1,264 | 38,105 | |||
Thirumalai Chemicals, Ltd. | 5,147 | 14,980 | |||
Thomas Cook India, Ltd. (A) | 8,758 | 7,930 | |||
Thyrocare Technologies, Ltd. (B) | 792 | 6,117 | |||
Time Technoplast, Ltd. | 8,084 | 11,994 | |||
Timken India, Ltd. | 647 | 24,277 | |||
Titan Company, Ltd. | 6,672 | 215,371 | |||
Torrent Pharmaceuticals, Ltd. | 3,746 | 72,353 | |||
Torrent Power, Ltd. | 5,386 | 39,038 | |||
Transport Corp. of India, Ltd. | 1,175 | 10,442 | |||
Trent, Ltd. | 2,939 | 51,208 | |||
Trident, Ltd. | 47,028 | 21,306 | |||
Triveni Engineering & Industries, Ltd. | 7,321 | 21,398 | |||
TTK Prestige, Ltd. | 1,582 | 18,934 | |||
Tube Investments of India, Ltd. | 3,028 | 85,569 | |||
TV Today Network, Ltd. | 4,230 | 14,951 | |||
TV18 Broadcast, Ltd. (A) | 11,410 | 5,782 | |||
TVS Motor Company, Ltd. | 5,872 | 71,946 | |||
Uflex, Ltd. | 1,548 | 15,056 | |||
UltraTech Cement, Ltd. | 1,962 | 163,163 | |||
Union Bank of India, Ltd. | 18,691 | 9,777 | |||
United Breweries, Ltd. | 500 | 10,300 | |||
United Spirits, Ltd. (A) | 4,257 | 43,090 | |||
UNO Minda, Ltd. | 5,940 | 42,756 | |||
UPL, Ltd. | 16,427 | 156,879 | |||
Usha Martin, Ltd. | 10,702 | 18,958 | |||
UTI Asset Management Company, Ltd. | 1,041 | 10,675 | |||
VA Tech Wabag, Ltd. (A) | 1,854 | 6,090 | |||
Vaibhav Global, Ltd. | 4,525 | 18,814 | |||
Vakrangee, Ltd. (A) | 23,506 | 8,094 | |||
Vardhman Textiles, Ltd. | 7,427 | 30,762 |
41 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Varroc Engineering, Ltd. (A)(B) | 2,559 | $10,922 | |||
Varun Beverages, Ltd. | 5,706 | 73,278 | |||
Vedanta, Ltd. | 33,866 | 113,142 | |||
Venky’s India, Ltd. (A) | 488 | 12,711 | |||
Vesuvius India, Ltd. | 639 | 11,469 | |||
V-Guard Industries, Ltd. | 5,667 | 16,011 | |||
Vinati Organics, Ltd. | 1,364 | 37,579 | |||
Vindhya Telelinks, Ltd. | 901 | 14,855 | |||
VIP Industries, Ltd. | 2,311 | 17,015 | |||
Visaka Industries, Ltd. | 1,538 | 11,625 | |||
V-Mart Retail, Ltd. | 337 | 12,257 | |||
Vodafone Idea, Ltd. (A) | 184,086 | 20,527 | |||
Voltas, Ltd. | 1,448 | 18,008 | |||
VRL Logistics, Ltd. | 1,532 | 11,820 | |||
VST Industries, Ltd. | 252 | 10,213 | |||
VST Tillers Tractors, Ltd. | 424 | 13,374 | |||
Welspun Corp., Ltd. | 6,625 | 18,588 | |||
Welspun Enterprises, Ltd. | 5,021 | 7,060 | |||
Welspun India, Ltd. | 19,448 | 18,646 | |||
West Coast Paper Mills, Ltd. | 2,240 | 17,487 | |||
Westlife Development, Ltd. (A) | 1,598 | 12,994 | |||
Wheels India, Ltd. | 626 | 5,399 | |||
Wipro, Ltd. | 21,156 | 108,493 | |||
Wockhardt, Ltd. (A) | 3,695 | 11,035 | |||
Yes Bank, Ltd. (A) | 23,603 | 4,838 | |||
Yes Bank, Ltd., Lock-In Shares (A)(E) | 70,811 | 13,575 | |||
Zee Entertainment Enterprises, Ltd. | 36,125 | 115,205 | |||
Zee Media Corp., Ltd. (A) | 59,624 | 13,720 | |||
Zensar Technologies, Ltd. | 4,737 | 13,447 | |||
Zydus Lifesciences, Ltd. | 9,390 | 44,335 | |||
Zydus Wellnes, Ltd. | 583 | 11,691 | |||
Indonesia 2.3% | 3,618,406 | ||||
ABM Investama Tbk PT | 100,100 | 18,557 | |||
Ace Hardware Indonesia Tbk PT | 416,900 | 20,229 | |||
Adaro Energy Indonesia Tbk PT | 544,200 | 129,736 | |||
Adi Sarana Armada Tbk PT (A) | 48,100 | 4,725 | |||
AKR Corporindo Tbk PT | 325,500 | 26,307 | |||
Alam Sutera Realty Tbk PT (A) | 750,400 | 9,093 | |||
Aneka Tambang Tbk | 220,654 | 29,505 | |||
Arwana Citramulia Tbk PT | 400,400 | 24,160 | |||
Astra Agro Lestari Tbk PT | 44,600 | 27,490 | |||
Astra International Tbk PT | 404,500 | 189,799 | |||
Asuransi Maximus Graha Persada Tbk PT (A) | 277,300 | 2,304 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 42 |
Shares | Value | ||||
Indonesia (continued) | |||||
Bakrie Telecom Tbk PT (A)(C) | 22,579,900 | $38,033 | |||
Bank BTPN Syariah Tbk PT | 79,200 | 15,783 | |||
Bank Bukopin Tbk PT (A) | 1,585,300 | 19,534 | |||
Bank Central Asia Tbk PT | 547,300 | 302,232 | |||
Bank Jago Tbk PT (A) | 19,400 | 10,993 | |||
Bank Mandiri Persero Tbk PT | 355,192 | 211,369 | |||
Bank Mayapada International Tbk PT (A) | 212,800 | 8,170 | |||
Bank MNC Internasional Tbk PT (A) | 1,272,000 | 10,792 | |||
Bank Negara Indonesia Persero Tbk PT | 107,203 | 61,488 | |||
Bank Pan Indonesia Tbk PT | 191,900 | 25,799 | |||
Bank Rakyat Indonesia Persero Tbk PT | 421,627 | 123,127 | |||
Bank Syariah Indonesia Tbk PT | 275,700 | 28,182 | |||
Bank Tabungan Negara Persero Tbk PT | 190,698 | 19,320 | |||
Barito Pacific Tbk PT | 326,600 | 18,029 | |||
BFI Finance Indonesia Tbk PT | 444,100 | 37,367 | |||
BISI International Tbk PT | 323,000 | 29,473 | |||
Buana Lintas Lautan Tbk PT (A) | 605,600 | 6,896 | |||
Bukit Asam Tbk PT | 184,700 | 52,848 | |||
Bumi Resources Minerals Tbk PT (A) | 1,445,300 | 24,135 | |||
Bumi Serpong Damai Tbk PT (A) | 427,200 | 26,444 | |||
Bumi Teknokultura Unggul Tbk PT (A) | 1,489,900 | 5,019 | |||
Capital Financial Indonesia Tbk PT (A) | 369,300 | 21,392 | |||
Charoen Pokphand Indonesia Tbk PT | 70,220 | 27,794 | |||
Ciputra Development Tbk PT | 455,461 | 29,135 | |||
Citra Marga Nusaphala Persada Tbk PT (A) | 302,662 | 40,785 | |||
City Retail Developments Tbk PT (A) | 1,918,900 | 18,553 | |||
Delta Dunia Makmur Tbk PT (A) | 278,000 | 7,037 | |||
Elang Mahkota Teknologi Tbk PT (A) | 178,800 | 22,948 | |||
Erajaya Swasembada Tbk PT | 459,100 | 15,083 | |||
Garudafood Putra Putri Jaya Tbk PT | 598,700 | 21,779 | |||
Gudang Garam Tbk PT | 11,943 | 19,098 | |||
Hanson International Tbk PT (A)(C) | 4,000,200 | 13,475 | |||
Harum Energy Tbk PT | 69,500 | 7,949 | |||
Impack Pratama Industri Tbk PT | 40,000 | 10,484 | |||
Indah Kiat Pulp & Paper Tbk PT | 98,200 | 55,007 | |||
Indika Energy Tbk PT | 129,600 | 25,037 | |||
Indo Tambangraya Megah Tbk PT | 23,300 | 61,717 | |||
Indocement Tunggal Prakarsa Tbk PT | 39,800 | 25,311 | |||
Indofood CBP Sukses Makmur Tbk PT | 37,500 | 20,989 | |||
Indofood Sukses Makmur Tbk PT | 181,000 | 75,932 | |||
Indosat Tbk PT | 29,500 | 14,242 | |||
Industri Jamu Dan Farmasi Sido Muncul Tbk PT | 168,500 | 8,053 | |||
Inovisi Infracom Tbk PT (A)(C) | 671,012 | 127 | |||
Japfa Comfeed Indonesia Tbk PT | 311,000 | 33,188 |
43 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Indonesia (continued) | |||||
Jasa Marga Persero Tbk PT (A) | 38,100 | $8,825 | |||
Kalbe Farma Tbk PT | 565,000 | 63,890 | |||
Kapuas Prima Coal Tbk PT (A) | 551,200 | 2,860 | |||
Link Net Tbk PT (A) | 56,900 | 18,207 | |||
Lippo Karawaci Tbk PT (A) | 1,947,337 | 15,080 | |||
Matahari Department Store Tbk PT | 67,300 | 17,386 | |||
Mayora Indah Tbk PT | 103,900 | 12,600 | |||
Medco Energi Internasional Tbk PT | 376,992 | 21,852 | |||
Media Nusantara Citra Tbk PT | 365,800 | 22,528 | |||
Medikaloka Hermina Tbk PT | 277,500 | 27,889 | |||
Merdeka Copper Gold Tbk PT (A) | 151,844 | 43,666 | |||
Metro Healthcare Indonesia TBK PT (A) | 53,800 | 1,732 | |||
Metrodata Electronics Tbk PT | 198,500 | 9,361 | |||
Mitra Adiperkasa Tbk PT (A) | 359,500 | 24,426 | |||
Mitra Keluarga Karyasehat Tbk PT | 85,700 | 15,352 | |||
MNC Kapital Indonesia Tbk PT (A) | 1,735,900 | 13,468 | |||
MNC Vision Networks Tbk PT (A) | 520,500 | 3,264 | |||
Multipolar Tbk PT (A) | 675,100 | 6,915 | |||
Pabrik Kertas Tjiwi Kimia Tbk PT | 41,200 | 18,787 | |||
Pacific Strategic Financial Tbk PT (A) | 134,200 | 10,805 | |||
Pakuwon Jati Tbk PT | 592,000 | 19,296 | |||
Paninvest Tbk PT (A) | 379,500 | 27,845 | |||
Perusahaan Gas Negara Tbk PT | 367,300 | 45,441 | |||
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT | 237,500 | 18,873 | |||
Pool Advista Indonesia Tbk PT (A)(C) | 37,300 | 126 | |||
PP Persero Tbk PT (A) | 214,287 | 14,561 | |||
Puradelta Lestari Tbk PT | 506,700 | 6,008 | |||
Ramayana Lestari Sentosa Tbk PT | 152,300 | 6,049 | |||
Rimo International Lestari Tbk PT (A)(C) | 2,464,700 | 8,303 | |||
Sampoerna Agro Tbk PT | 618,600 | 89,078 | |||
Samudera Indonesia Tbk PT | 157,500 | 27,401 | |||
Sarana Menara Nusantara Tbk PT | 690,800 | 57,752 | |||
Sawit Sumbermas Sarana Tbk PT | 130,600 | 12,368 | |||
Semen Indonesia Persero Tbk PT | 87,000 | 38,633 | |||
Siloam International Hospitals Tbk PT | 152,000 | 10,649 | |||
Sinar Mas Multiartha Tbk PT (A) | 37,000 | 30,473 | |||
Sri Rejeki Isman Tbk PT (A)(C) | 937,100 | 9,218 | |||
Sugih Energy Tbk PT (A)(C) | 8,409,300 | 28,328 | |||
Sumber Alfaria Trijaya Tbk PT | 358,800 | 52,658 | |||
Summarecon Agung Tbk PT | 388,947 | 15,690 | |||
Surya Citra Media Tbk PT | 1,093,500 | 16,639 | |||
Surya Esa Perkasa Tbk PT | 243,800 | 18,286 | |||
Surya Semesta Internusa Tbk PT (A) | 132,900 | 3,275 | |||
Suryainti Permata Tbk PT (A)(C) | 1,802,000 | 0 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 44 |
Shares | Value | ||||
Indonesia (continued) | |||||
Telkom Indonesia Persero Tbk PT | 432,500 | $132,445 | |||
Temas Tbk PT | 64,300 | 10,536 | |||
Tempo Scan Pacific Tbk PT | 65,700 | 6,063 | |||
Timah Tbk PT | 128,900 | 12,956 | |||
Tower Bersama Infrastructure Tbk PT | 48,200 | 9,151 | |||
Trada Alam Minera Tbk PT (A)(C) | 1,919,200 | 4,526 | |||
Transcoal Pacific Tbk PT | 27,200 | 15,210 | |||
Trias Sentosa Tbk PT | 706,000 | 34,962 | |||
Truba Alam Manunggal Engineering PT (A)(C) | 19,436,000 | 0 | |||
Tunas Baru Lampung Tbk PT | 184,900 | 9,587 | |||
Tunas Ridean Tbk PT (C) | 542,200 | 56,987 | |||
Ultrajaya Milk Industry & Trading Company Tbk PT | 211,100 | 20,979 | |||
Unilever Indonesia Tbk PT | 123,800 | 38,258 | |||
United Tractors Tbk PT | 58,400 | 132,981 | |||
Vale Indonesia Tbk PT (A) | 65,100 | 26,683 | |||
Waskita Beton Precast Tbk PT (A)(C) | 592,800 | 3,794 | |||
Waskita Karya Persero Tbk PT (A) | 458,390 | 17,418 | |||
Wijaya Karya Persero Tbk PT (A) | 178,676 | 12,866 | |||
XL Axiata Tbk PT | 141,800 | 25,108 | |||
Malaysia 1.7% | 2,734,023 | ||||
7-Eleven Malaysia Holdings BHD | 7,039 | 2,460 | |||
Aeon Company M BHD | 64,000 | 20,940 | |||
AEON Credit Service M BHD | 5,700 | 17,922 | |||
Alliance Bank Malaysia BHD | 38,100 | 29,959 | |||
AMMB Holdings BHD | 46,050 | 42,801 | |||
Astro Malaysia Holdings BHD | 97,400 | 18,127 | |||
Axiata Group BHD | 52,007 | 35,268 | |||
Bank Islam Malaysia BHD | 26,000 | 15,127 | |||
Batu Kawan BHD | 12,300 | 63,075 | |||
Bermaz Auto BHD | 28,600 | 11,608 | |||
Bintulu Port Holdings BHD | 300 | 351 | |||
Boustead Holdings BHD (A) | 20,507 | 2,978 | |||
Boustead Plantations BHD | 79,560 | 13,734 | |||
British American Tobacco Malaysia BHD | 6,400 | 14,705 | |||
Bumi Armada BHD (A) | 218,000 | 20,036 | |||
Bursa Malaysia BHD | 25,300 | 36,158 | |||
Cahya Mata Sarawak BHD | 29,300 | 6,146 | |||
Carlsberg Brewery Malaysia BHD | 3,600 | 18,585 | |||
CIMB Group Holdings BHD | 68,231 | 81,595 | |||
Cypark Resources BHD (A) | 34,200 | 2,876 | |||
D&O Green Technologies BHD | 21,500 | 18,347 | |||
Dayang Enterprise Holdings BHD | 35,200 | 8,502 | |||
Dialog Group BHD | 48,660 | 26,323 |
45 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Malaysia (continued) | |||||
DiGi.Com BHD | 43,080 | $35,956 | |||
DRB-Hicom BHD | 45,900 | 14,728 | |||
Dufu Technology Corp. BHD | 12,500 | 7,871 | |||
Duopharma Biotech BHD | 29,607 | 8,180 | |||
Eco World Development Group BHD | 30,700 | 4,570 | |||
Ekovest BHD (A) | 197,200 | 16,860 | |||
Fraser & Neave Holdings BHD | 5,600 | 27,923 | |||
Frontken Corp. BHD | 29,400 | 17,820 | |||
Gamuda BHD | 41,596 | 35,442 | |||
Genting BHD | 29,800 | 31,147 | |||
Genting Malaysia BHD | 34,700 | 23,033 | |||
Genting Plantations BHD | 10,000 | 14,957 | |||
Globetronics Technology BHD | 39,686 | 11,062 | |||
Greatech Technology BHD (A) | 17,200 | 13,592 | |||
Guan Chong BHD | 16,900 | 9,022 | |||
HAP Seng Consolidated BHD | 15,839 | 24,577 | |||
Hartalega Holdings BHD | 66,700 | 24,695 | |||
Heineken Malaysia BHD | 2,100 | 11,040 | |||
Hibiscus Petroleum BHD | 88,200 | 20,664 | |||
Hong Leong Bank BHD | 5,434 | 25,293 | |||
Hong Leong Financial Group BHD | 4,961 | 21,445 | |||
Hong Seng Consolidated BHD (A) | 60,000 | 6,240 | |||
IGB BHD | 46,549 | 24,103 | |||
IHH Healthcare BHD | 21,200 | 29,260 | |||
IJM Corp. BHD | 68,160 | 25,943 | |||
Inari Amertron BHD | 43,036 | 25,614 | |||
IOI Corp. BHD | 43,100 | 40,659 | |||
IOI Properties Group BHD | 48,571 | 10,706 | |||
JAKS Resources BHD (A) | 114,140 | 6,695 | |||
Keck Seng Malaysia BHD | 65,150 | 51,867 | |||
Kim Loong Resources BHD | 27,200 | 10,248 | |||
Kossan Rubber Industries BHD | 112,900 | 25,405 | |||
KPJ Healthcare BHD | 99,900 | 19,490 | |||
Kuala Lumpur Kepong BHD | 12,205 | 63,063 | |||
Lingkaran Trans Kota Holdings BHD | 11,700 | 12,749 | |||
Lotte Chemical Titan Holding BHD (B) | 27,367 | 10,445 | |||
LPI Capital BHD | 11,020 | 32,309 | |||
Magnum BHD | 35,653 | 12,949 | |||
Mah Sing Group BHD | 64,500 | 8,763 | |||
Malakoff Corp. BHD | 78,100 | 12,080 | |||
Malayan Banking BHD | 49,862 | 99,749 | |||
Malaysia Airports Holdings BHD (A) | 22,388 | 29,255 | |||
Malaysia Building Society BHD | 76,431 | 9,852 | |||
Malaysia Smelting Corp BHD | 29,300 | 12,109 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 46 |
Shares | Value | ||||
Malaysia (continued) | |||||
Malaysian Pacific Industries BHD | 2,238 | $15,027 | |||
Malaysian Resources Corp. BHD | 124,363 | 9,658 | |||
Matrix Concepts Holdings BHD | 19,800 | 10,022 | |||
Maxis BHD | 33,685 | 28,876 | |||
Mega First Corp. BHD | 20,400 | 16,503 | |||
MISC BHD | 14,650 | 23,180 | |||
Mr. D.I.Y Group M BHD (B) | 46,700 | 22,544 | |||
Muhibbah Engineering M BHD (A) | 10,300 | 996 | |||
My EG Services BHD | 124,094 | 22,004 | |||
Nestle Malaysia BHD | 1,400 | 41,543 | |||
Oriental Holdings BHD | 7,200 | 11,469 | |||
Padini Holdings BHD | 21,500 | 16,009 | |||
Petron Malaysia Refining & Marketing BHD | 10,000 | 12,037 | |||
Petronas Chemicals Group BHD | 35,600 | 69,828 | |||
Petronas Dagangan BHD | 5,900 | 30,903 | |||
Petronas Gas BHD | 8,300 | 32,075 | |||
PPB Group BHD | 6,300 | 24,765 | |||
Press Metal Aluminium Holdings BHD | 38,700 | 41,018 | |||
Public Bank BHD | 120,600 | 126,635 | |||
QL Resources BHD | 21,735 | 24,771 | |||
RHB Bank BHD | 32,661 | 41,734 | |||
Sam Engineering & Equipment M BHD | 12,000 | 11,591 | |||
Sapura Energy BHD (A) | 592,857 | 6,594 | |||
Sarawak Oil Palms BHD | 11,700 | 7,197 | |||
Scientex BHD | 38,100 | 29,945 | |||
SEG International BHD | 33,942 | 4,818 | |||
Sime Darby BHD | 98,474 | 50,172 | |||
Sime Darby Plantation BHD | 37,614 | 37,388 | |||
Sime Darby Property BHD | 130,274 | 13,920 | |||
SKP Resources BHD | 21,625 | 8,133 | |||
SP Setia BHD Group | 53,308 | 8,889 | |||
Sports Toto BHD | 31,065 | 12,530 | |||
Sunway BHD | 29,977 | 10,950 | |||
Supermax Corp. BHD | 75,160 | 12,227 | |||
Syarikat Takaful Malaysia Keluarga BHD | 29,319 | 21,779 | |||
Ta Ann Holdings BHD | 15,400 | 13,705 | |||
Tan Chong Motor Holdings BHD | 3,800 | 952 | |||
Telekom Malaysia BHD | 15,756 | 20,946 | |||
Tenaga Nasional BHD | 17,700 | 35,532 | |||
Thong Guan Industries BHD | 18,800 | 10,687 | |||
TIME dotCom BHD | 33,120 | 35,220 | |||
Top Glove Corp. BHD | 186,400 | 33,374 | |||
Tropicana Corp. BHD (A) | 44,400 | 11,495 | |||
TSH Resources BHD | 34,100 | 8,428 |
47 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Malaysia (continued) | |||||
Uchi Technologies BHD | 30,300 | $22,557 | |||
UMW Holdings BHD | 14,100 | 9,662 | |||
Unisem M BHD | 19,000 | 11,507 | |||
United Malacca BHD | 29,750 | 35,940 | |||
United Plantations BHD | 4,900 | 16,180 | |||
UWC BHD | 20,500 | 17,667 | |||
Velesto Energy BHD (A) | 250,631 | 4,711 | |||
ViTrox Corp. BHD | 8,400 | 13,350 | |||
VS Industry BHD | 99,800 | 22,332 | |||
Westports Holdings BHD | 20,500 | 15,898 | |||
Yinson Holdings BHD | 61,880 | 29,051 | |||
YTL Corp. BHD | 152,561 | 20,046 | |||
Mexico 2.5% | 3,999,016 | ||||
ALEATICA SAB de CV (A) | 9,600 | 7,386 | |||
Alfa SAB de CV, Class A | 190,450 | 120,340 | |||
Alpek SAB de CV | 28,981 | 39,832 | |||
Alsea SAB de CV (A) | 18,670 | 33,825 | |||
America Movil SAB de CV, Series L | 235,457 | 200,436 | |||
Arca Continental SAB de CV | 6,672 | 45,159 | |||
Banco del Bajio SA (B) | 31,497 | 65,991 | |||
Becle SAB de CV | 6,635 | 13,523 | |||
Bolsa Mexicana de Valores SAB de CV | 16,163 | 29,115 | |||
Cemex SAB de CV, Series CPO (A) | 188,452 | 69,501 | |||
Coca-Cola Femsa SAB de CV | 5,951 | 36,330 | |||
Coca-Cola Femsa SAB de CV, ADR | 600 | 36,738 | |||
Controladora Vuela Cia de Aviacion SAB de CV, Class A (A) | 27,701 | 24,708 | |||
Corp. Inmobiliaria Vesta SAB de CV | 16,677 | 30,835 | |||
Dine SAB de CV | 103,700 | 110,667 | |||
El Puerto de Liverpool SAB de CV, Series C1 | 5,226 | 23,289 | |||
Fomento Economico Mexicano SAB de CV | 5,072 | 31,746 | |||
GCC SAB de CV | 5,743 | 33,002 | |||
Genomma Lab Internacional SAB de CV, Class B | 33,557 | 27,417 | |||
Gentera SAB de CV | 34,833 | 27,301 | |||
Gruma SAB de CV, Class B | 5,255 | 57,450 | |||
Grupo Aeroportuario del Centro Norte SAB de CV | 8,815 | 57,690 | |||
Grupo Aeroportuario del Pacifico SAB de CV, ADR | 436 | 62,161 | |||
Grupo Aeroportuario del Pacifico SAB de CV, B Shares | 1,500 | 21,437 | |||
Grupo Aeroportuario del Sureste SAB de CV, ADR | 221 | 46,735 | |||
Grupo Bimbo SAB de CV, Series A | 17,042 | 57,411 | |||
Grupo Carso SAB de CV, Series A1 | 10,209 | 35,041 | |||
Grupo Comercial Chedraui SA de CV | 8,445 | 23,964 | |||
Grupo Elektra SAB de CV | 611 | 31,720 | |||
Grupo Financiero Banorte SAB de CV, Series O | 33,576 | 198,324 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 48 |
Shares | Value | ||||
Mexico (continued) | |||||
Grupo Financiero Inbursa SAB de CV, Series O (A) | 26,868 | $42,089 | |||
Grupo Gigante SAB de CV (A) | 166,920 | 229,503 | |||
Grupo Herdez SAB de CV | 9,671 | 15,678 | |||
Grupo Hotelero Santa Fe SAB de CV (A) | 83,186 | 15,690 | |||
Grupo Industrial Saltillo SAB de CV | 23,930 | 35,634 | |||
Grupo KUO SAB de CV, Series B | 136,788 | 274,981 | |||
Grupo Mexico SAB de CV, Series B | 41,076 | 154,750 | |||
Grupo Rotoplas SAB de CV (A) | 7,367 | 10,063 | |||
Grupo Sanborns SAB de CV (A) | 187,200 | 220,126 | |||
Grupo Simec SAB de CV, Series B (A) | 12,062 | 120,821 | |||
Grupo Televisa SAB, Series CPO | 55,564 | 69,833 | |||
Grupo Traxion SAB de CV (A)(B) | 17,500 | 19,362 | |||
Hoteles City Express SAB de CV (A) | 17,674 | 3,228 | |||
Industrias Bachoco SAB de CV, Series B | 7,795 | 30,814 | |||
Industrias CH SAB de CV, Series B (A) | 14,379 | 154,878 | |||
Industrias Penoles SAB de CV | 4,093 | 33,841 | |||
Kimberly-Clark de Mexico SAB de CV, Class A | 26,978 | 36,624 | |||
La Comer SAB de CV | 12,689 | 21,433 | |||
Megacable Holdings SAB de CV, Series CPO | 31,270 | 65,593 | |||
Minera Frisco SAB de CV, Series A1 (A) | 554,562 | 74,321 | |||
Nemak SAB de CV (A)(B) | 93,240 | 19,669 | |||
Operadora de Sites Mexicanos SAB de CV, Class A1 | 46,039 | 45,818 | |||
Orbia Advance Corp. SAB de CV | 31,165 | 58,783 | |||
Organizacion Cultiba SAB de CV (A) | 45,332 | 24,751 | |||
Organizacion Soriana SAB de CV, Series B | 420,625 | 469,762 | |||
Promotora y Operadora de Infraestructura SAB de CV | 7,381 | 51,932 | |||
Promotora y Operadora de Infraestructura SAB de CV, L Shares | 4,040 | 18,449 | |||
Qualitas Controladora SAB de CV | 4,704 | 20,605 | |||
Regional SAB de CV | 7,096 | 38,364 | |||
Unifin Financiera SAB de CV (A) | 10,570 | 913 | |||
Vitro SAB de CV, Series A (A) | 21,684 | 21,634 | |||
Panama 0.0% | 6,987 | ||||
BAC Holding International Corp. (A) | 137,535 | 6,987 | |||
Peru 0.0% | 54,879 | ||||
Cementos Pacasmayo SAA, ADR (A) | 2,115 | 10,046 | |||
Cia de Minas Buenaventura SAA, ADR | 2,497 | 13,284 | |||
Credicorp, Ltd. | 244 | 31,449 | |||
Fossal SAA, ADR (A) | 48 | 100 | |||
Philippines 1.3% | 2,055,307 | ||||
8990 Holdings, Inc. | 111,700 | 19,268 | |||
Aboitiz Equity Ventures, Inc. | 37,540 | 37,442 | |||
Aboitiz Power Corp. | 37,100 | 20,658 |
49 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Philippines (continued) | |||||
ACEN Corp. | 57,600 | $7,671 | |||
ACR Mining Corp. (A)(C) | 3,145 | 1,003 | |||
AllHome Corp. | 67,400 | 5,298 | |||
Alliance Global Group, Inc. | 165,600 | 29,573 | |||
Ayala Corp. | 2,700 | 33,646 | |||
Ayala Land, Inc. | 54,500 | 27,666 | |||
Bank of the Philippine Islands | 28,640 | 48,355 | |||
BDO Unibank, Inc. | 32,182 | 73,589 | |||
Belle Corp. (A) | 887,000 | 18,640 | |||
Bloomberry Resorts Corp. (A) | 164,300 | 20,704 | |||
Cebu Air, Inc. (A) | 7,800 | 5,711 | |||
Century Pacific Food, Inc. | 56,050 | 24,756 | |||
China Banking Corp. | 154,535 | 77,992 | |||
COL Financial Group, Inc. | 100,000 | 6,013 | |||
Converge Information and Communications Technology Solutions, Inc. (A) | 62,000 | 19,118 | |||
Cosco Capital, Inc. | 126,900 | 9,747 | |||
D&L Industries, Inc. | 183,300 | 24,611 | |||
DMCI Holdings, Inc. | 193,100 | 32,625 | |||
Eagle Cement Corp. | 35,100 | 8,902 | |||
Emperador, Inc. (A) | 80,000 | 28,214 | |||
Filinvest Land, Inc. | 909,750 | 14,408 | |||
First Gen Corp. | 19,700 | 6,475 | |||
First Philippine Holdings Corp. | 16,990 | 19,835 | |||
Global Ferronickel Holdings, Inc. | 186,000 | 7,774 | |||
Globe Telecom, Inc. | 540 | 20,148 | |||
GT Capital Holdings, Inc. | 2,746 | 23,519 | |||
Integrated Micro-Electronics, Inc. (A) | 54,655 | 6,701 | |||
International Container Terminal Services, Inc. | 17,860 | 57,521 | |||
JG Summit Holdings, Inc. | 23,617 | 21,476 | |||
Jollibee Foods Corp. | 9,140 | 38,957 | |||
LT Group, Inc. | 87,200 | 13,690 | |||
Manila Electric Company | 5,260 | 28,171 | |||
Max’s Group, Inc. (A) | 52,200 | 5,206 | |||
Megaworld Corp. | 515,500 | 22,884 | |||
Metro Pacific Investments Corp. | 465,300 | 30,875 | |||
Metropolitan Bank & Trust Company | 53,814 | 50,296 | |||
Nickel Asia Corp. | 255,060 | 25,842 | |||
Petron Corp. (A) | 165,900 | 9,061 | |||
Philex Mining Corp. | 67,800 | 3,895 | |||
Philippine Stock Exchange, Inc. | 12,074 | 34,330 | |||
Phoenix Petroleum Philippines, Inc. (A) | 100,600 | 16,847 | |||
Pilipinas Shell Petroleum Corp. | 11,500 | 4,288 | |||
PLDT, Inc. | 1,530 | 45,606 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 50 |
Shares | Value | ||||
Philippines (continued) | |||||
Puregold Price Club, Inc. | 41,800 | $25,455 | |||
RFM Corp. | 101,000 | 6,992 | |||
Rizal Commercial Banking Corp. | 184,093 | 68,479 | |||
Robinsons Land Corp. | 107,596 | 35,927 | |||
Robinsons Retail Holdings, Inc. | 27,050 | 28,865 | |||
San Miguel Corp. | 16,534 | 28,111 | |||
San Miguel Food and Beverage, Inc. | 21,830 | 16,719 | |||
Security Bank Corp. | 17,227 | 27,537 | |||
Semirara Mining & Power Corp. | 22,520 | 16,472 | |||
SM Investments Corp. | 2,595 | 38,305 | |||
SM Prime Holdings, Inc. | 55,304 | 37,177 | |||
Top Frontier Investment Holdings, Inc. (A) | 24,482 | 45,092 | |||
Union Bank of the Philippines | 343,569 | 489,647 | |||
Universal Robina Corp. | 20,710 | 44,950 | |||
Vista Land & Lifescapes, Inc. | 295,200 | 10,582 | |||
Vistamalls, Inc. | 172,400 | 10,379 | |||
Wilcon Depot, Inc. | 66,800 | 35,611 | |||
Poland 0.7% | 1,011,668 | ||||
Alior Bank SA (A) | 5,260 | 29,044 | |||
Allegro.eu SA (A)(B) | 4,288 | 22,491 | |||
Asseco Poland SA | 1,702 | 25,947 | |||
Bank Handlowy w Warszawie SA | 1,958 | 24,710 | |||
Bank Millennium SA (A) | 25,326 | 20,355 | |||
Bank Polska Kasa Opieki SA | 1,680 | 23,241 | |||
Benefit Systems SA (A) | 45 | 6,316 | |||
Budimex SA | 366 | 19,668 | |||
CCC SA (A) | 1,168 | 9,367 | |||
CD Projekt SA | 1,263 | 22,523 | |||
Ciech SA (A) | 2,152 | 14,646 | |||
Cognor Holding SA | 12,233 | 9,725 | |||
Cyfrowy Polsat SA | 7,415 | 30,582 | |||
Dino Polska SA (A)(B) | 588 | 42,897 | |||
Dom Development SA | 481 | 8,824 | |||
Enea SA (A) | 9,798 | 15,765 | |||
Eurocash SA (A) | 3,066 | 7,506 | |||
Famur SA (A) | 18,129 | 11,308 | |||
Firma Oponiarska Debica SA | 1,550 | 20,082 | |||
Globe Trade Centre SA (A) | 16,195 | 22,528 | |||
Grupa Azoty SA (A) | 2,417 | 16,729 | |||
Grupa Kety SA | 368 | 43,264 | |||
ING Bank Slaski SA | 539 | 15,227 | |||
Inter Cars SA | 235 | 17,086 | |||
Jastrzebska Spolka Weglowa SA (A) | 2,183 | 22,052 |
51 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Poland (continued) | |||||
KGHM Polska Miedz SA | 2,913 | $54,588 | |||
KRUK SA | 617 | 39,671 | |||
LiveChat Software SA | 519 | 11,509 | |||
LPP SA | 20 | 36,012 | |||
Lubelski Wegiel Bogdanka SA | 888 | 9,336 | |||
mBank SA (A) | 266 | 12,220 | |||
Neuca SA | 55 | 8,632 | |||
Orange Polska SA | 19,328 | 24,631 | |||
PGE Polska Grupa Energetyczna SA (A) | 12,651 | 19,285 | |||
Polski Koncern Naftowy ORLEN SA | 11,034 | 142,915 | |||
Polskie Gornictwo Naftowe i Gazownictwo SA (A) | 25,583 | 30,391 | |||
Powszechna Kasa Oszczednosci Bank Polski SA | 6,409 | 31,972 | |||
Powszechny Zaklad Ubezpieczen SA | 4,915 | 29,420 | |||
Santander Bank Polska SA | 525 | 23,856 | |||
Tauron Polska Energia SA (A) | 42,147 | 20,650 | |||
Tim SA | 1,007 | 5,847 | |||
Wirtualna Polska Holding SA | 420 | 8,850 | |||
Qatar 1.0% | 1,642,031 | ||||
Aamal Company | 78,358 | 25,251 | |||
Al Meera Consumer Goods Company QSC | 4,767 | 23,927 | |||
Baladna | 74,126 | 34,173 | |||
Barwa Real Estate Company | 43,759 | 44,191 | |||
Commercial Bank PSQC | 32,552 | 65,373 | |||
Doha Bank QPSC | 37,593 | 25,995 | |||
Gulf International Services QSC (A) | 55,100 | 31,803 | |||
Gulf Warehousing Company | 16,297 | 21,359 | |||
Industries Qatar QSC | 19,001 | 94,504 | |||
Investment Holding Group (A) | 21,991 | 13,302 | |||
Mannai Corp. QSC | 13,134 | 43,982 | |||
Masraf Al Rayan QSC | 57,907 | 71,786 | |||
Mazaya Real Estate Development QPSC (A) | 25,140 | 6,084 | |||
Medicare Group | 4,460 | 9,136 | |||
Mesaieed Petrochemical Holding Company | 38,594 | 27,516 | |||
Ooredoo QPSC | 28,318 | 70,596 | |||
Qatar Aluminum Manufacturing Company | 70,387 | 36,231 | |||
Qatar Electricity & Water Company QSC | 10,668 | 55,320 | |||
Qatar First Bank (A) | 68,401 | 24,872 | |||
Qatar Fuel QSC | 7,605 | 39,690 | |||
Qatar Gas Transport Company, Ltd. | 86,634 | 94,997 | |||
Qatar Insurance Company SAQ | 47,574 | 30,288 | |||
Qatar International Islamic Bank QSC | 11,851 | 38,702 | |||
Qatar Islamic Bank SAQ | 11,446 | 80,367 | |||
Qatar National Bank QPSC | 74,352 | 420,742 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 52 |
Shares | Value | ||||
Qatar (continued) | |||||
Qatar National Cement Company QSC | 24,401 | $33,175 | |||
Qatar Navigation QSC | 18,660 | 57,049 | |||
Salam International Investment, Ltd., QSC (A) | 80,910 | 19,738 | |||
United Development Company QSC | 78,676 | 34,551 | |||
Vodafone Qatar QSC | 116,699 | 52,636 | |||
Zad Holding Company | 2,976 | 14,695 | |||
Romania 0.0% | 48,410 | ||||
NEPI Rockcastle S.A. | 9,085 | 48,410 | |||
Russia 0.1% | 71,225 | ||||
Etalon Group PLC, GDR (C) | 2,625 | 144 | |||
Gazprom PJSC, ADR (A)(C) | 30,453 | 13,003 | |||
Globaltrans Investment PLC, GDR (C) | 2,640 | 847 | |||
LUKOIL PJSC, ADR (C) | 3,474 | 14,042 | |||
Magnitogorsk Iron & Steel Works PJSC, GDR (C) | 2,363 | 607 | |||
MMC Norilsk Nickel PJSC, ADR (C) | 5,418 | 10,663 | |||
Mobile TeleSystems PJSC, ADR (C) | 7,477 | 2,774 | |||
Novatek PJSC, GDR (C) | 143 | 1,267 | |||
Novolipetsk Steel PJSC, GDR (C) | 1,198 | 1,732 | |||
PhosAgro PJSC, GDR (C) | 1,991 | 4,707 | |||
Polyus PJSC, GDR (C) | 589 | 3,482 | |||
Ros Agro PLC, GDR (C) | 1,484 | 242 | |||
Rosneft Oil Company PJSC, GDR (C) | 7,688 | 2,668 | |||
Rostelecom PJSC, ADR (A)(C) | 3,714 | 1,203 | |||
RusHydro PJSC, ADR (A)(C) | 28,619 | 1,059 | |||
Sberbank of Russia PJSC, ADR (A)(C) | 23,885 | 5,279 | |||
Severstal PAO, GDR (C) | 2,129 | 1,077 | |||
Tatneft PJSC, ADR (C) | 2,610 | 5,283 | |||
VK Company, Ltd., GDR (A)(C) | 1,119 | 351 | |||
VTB Bank PJSC, GDR (A)(C) | 23,800 | 405 | |||
X5 Retail Group NV, GDR (C) | 1,747 | 390 | |||
Saudi Arabia 3.8% | 6,076,950 | ||||
Abdullah Al Othaim Markets Company | 1,676 | 57,070 | |||
Advanced Petrochemical Company | 3,722 | 49,378 | |||
Al Hammadi Holding | 4,041 | 48,036 | |||
Al Jouf Agricultural Development Company | 889 | 11,671 | |||
Al Jouf Cement Company (A) | 8,089 | 21,726 | |||
Al Moammar Information Systems Company | 585 | 15,968 | |||
Al Rajhi Bank (A) | 18,567 | 444,490 | |||
Al Rajhi Company for Co-operative Insurance (A) | 630 | 16,761 | |||
Al Yamamah Steel Industries Company | 977 | 8,585 | |||
AlAbdullatif Industrial Investment Company (A) | 1,143 | 6,541 | |||
Alandalus Property Company | 4,585 | 20,458 |
53 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Saudi Arabia (continued) | |||||
Alaseel Company | 626 | $6,031 | |||
Aldrees Petroleum and Transport Services Company | 2,038 | 37,899 | |||
Alinma Bank | 13,904 | 140,080 | |||
Allianz Saudi Fransi Cooperative Insurance Company (A) | 1,752 | 6,746 | |||
Almarai Company JSC | 5,502 | 77,436 | |||
Alujain Corp. | 1,265 | 20,966 | |||
Arab National Bank | 8,498 | 67,743 | |||
Arabian Cement Company | 2,332 | 24,519 | |||
Arabian Centres Company, Ltd. | 1,874 | 9,958 | |||
Arriyadh Development Company | 5,023 | 30,381 | |||
Astra Industrial Group | 2,790 | 38,296 | |||
Ataa Educational Company | 1,492 | 22,043 | |||
Bank AlBilad (A) | 7,605 | 102,181 | |||
Bank Al-Jazira | 8,895 | 55,541 | |||
Banque Saudi Fransi | 10,729 | 141,586 | |||
Bawan Company | 1,965 | 20,291 | |||
Bupa Arabia for Cooperative Insurance Company | 1,049 | 45,947 | |||
City Cement Company | 1,425 | 9,159 | |||
Dallah Healthcare Company | 1,278 | 40,142 | |||
Dar Al Arkan Real Estate Development Company (A) | 25,356 | 95,067 | |||
Dr Sulaiman Al Habib Medical Services Group Company | 1,344 | 71,410 | |||
Dur Hospitality Company (A) | 2,348 | 14,393 | |||
Eastern Province Cement Company | 818 | 9,551 | |||
Electrical Industries Company | 2,157 | 15,199 | |||
Emaar Economic City (A) | 16,600 | 44,481 | |||
Etihad Etisalat Company | 17,243 | 167,715 | |||
Fawaz Abdulaziz Al Hokair & Company (A) | 2,750 | 16,201 | |||
Gulf Insurance Group | 566 | 3,896 | |||
Hail Cement Company | 5,731 | 20,362 | |||
Halwani Brothers Company | 466 | 8,792 | |||
Herfy Food Services Company (A) | 703 | 8,204 | |||
Jarir Marketing Company | 1,385 | 63,236 | |||
Jazan Energy and Development Company (A) | 1,882 | 8,007 | |||
L’Azurde Company for Jewelry | 4,437 | 19,541 | |||
Leejam Sports Company JSC | 843 | 18,745 | |||
Maharah Human Resources Company | 995 | 17,301 | |||
Mediterranean & Gulf Insurance & Reinsurance Company (A) | 2,406 | 7,370 | |||
Methanol Chemicals Company (A) | 3,350 | 33,139 | |||
Middle East Healthcare Company (A) | 2,467 | 21,316 | |||
Middle East Paper Company | 1,693 | 26,612 | |||
Mobile Telecommunications Company Saudi Arabia (A) | 25,921 | 79,648 | |||
Mouwasat Medical Services Company | 991 | 63,513 | |||
Najran Cement Company | 4,857 | 18,005 | |||
Nama Chemicals Company (A) | 2,002 | 24,626 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 54 |
Shares | Value | ||||
Saudi Arabia (continued) | |||||
National Gas & Industrialization Company | 1,152 | $17,828 | |||
National Gypsum | 1,677 | 13,480 | |||
National Industrialization Company (A) | 11,918 | 50,274 | |||
National Medical Care Company | 1,407 | 23,484 | |||
Northern Region Cement Company | 4,267 | 13,640 | |||
Rabigh Refining & Petrochemical Company (A) | 17,266 | 79,418 | |||
Riyad Bank | 20,144 | 189,699 | |||
SABIC Agri-Nutrients Company | 5,579 | 257,548 | |||
Sahara International Petrochemical Company | 13,711 | 173,180 | |||
Saudi Airlines Catering Company (A) | 1,011 | 20,345 | |||
Saudi Arabian Mining Company (A) | 13,214 | 260,737 | |||
Saudi Arabian Oil Company (B) | 27,130 | 270,241 | |||
Saudi Automotive Services Company | 1,130 | 10,177 | |||
Saudi Basic Industries Corp. | 15,698 | 417,021 | |||
Saudi Cement Company | 3,305 | 48,809 | |||
Saudi Ceramic Company | 1,342 | 15,412 | |||
Saudi Chemical Company Holding | 2,191 | 17,037 | |||
Saudi Company For Hardware CJSC (A) | 1,537 | 14,703 | |||
Saudi Electricity Company | 12,156 | 81,371 | |||
Saudi Ground Services Company (A) | 2,496 | 19,517 | |||
Saudi Industrial Investment Group | 10,633 | 72,115 | |||
Saudi Industrial Services Company | 1,613 | 10,461 | |||
Saudi Kayan Petrochemical Company (A) | 32,690 | 127,124 | |||
Saudi Marketing Company (A) | 1,952 | 12,037 | |||
Saudi Pharmaceutical Industries & Medical Appliances Corp. | 1,447 | 10,753 | |||
Saudi Public Transport Company (A) | 3,653 | 16,660 | |||
Saudi Real Estate Company (A) | 4,698 | 17,374 | |||
Saudi Reinsurance Company (A) | 5,359 | 22,692 | |||
Saudi Research & Media Group (A) | 827 | 46,357 | |||
Saudi Telecom Company | 34,343 | 381,288 | |||
Saudia Dairy & Foodstuff Company | 624 | 32,991 | |||
Seera Group Holding (A) | 7,450 | 35,570 | |||
Sinad Holding Company (A) | 1,612 | 6,839 | |||
Southern Province Cement Company | 1,999 | 30,844 | |||
Tabuk Cement Company | 2,710 | 11,644 | |||
The Company for Cooperative Insurance (A) | 2,670 | 53,840 | |||
The National Agriculture Development Company (A) | 1,158 | 9,443 | |||
The Qassim Cement Company | 1,844 | 39,322 | |||
The Saudi British Bank | 13,370 | 141,828 | |||
The Saudi Investment Bank | 12,910 | 68,641 | |||
The Saudi National Bank | 8,618 | 159,811 | |||
The Savola Group | 7,810 | 67,654 | |||
Umm Al-Qura Cement Company | 2,052 | 12,308 | |||
United Electronics Company | 1,193 | 37,908 |
55 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Saudi Arabia (continued) | |||||
United International Transportation Company | 1,703 | $20,887 | |||
Walaa Cooperative Insurance Company (A) | 1,753 | 6,650 | |||
Yamama Cement Company (A) | 3,651 | 28,650 | |||
Yanbu Cement Company | 2,788 | 29,544 | |||
Yanbu National Petrochemical Company | 5,859 | 77,856 | |||
Zamil Industrial Investment Company (A) | 3,557 | 19,979 | |||
Singapore 0.1% | 85,236 | ||||
BOC Aviation, Ltd. (B) | 3,300 | 26,415 | |||
JOYY, Inc., ADR | 1,940 | 58,821 | |||
South Africa 3.2% | 5,125,625 | ||||
Absa Group, Ltd. | 14,775 | 153,027 | |||
Adcock Ingram Holdings, Ltd. | 2,963 | 8,539 | |||
Advtech, Ltd. | 30,094 | 28,684 | |||
AECI, Ltd. | 4,099 | 19,847 | |||
African Rainbow Minerals, Ltd. | 4,271 | 58,823 | |||
Afrimat, Ltd. | 3,319 | 9,659 | |||
Alexander Forbes Group Holdings, Ltd. | 42,430 | 11,655 | |||
Alviva Holdings, Ltd. | 7,537 | 10,541 | |||
Anglo American Platinum, Ltd. | 956 | 66,738 | |||
AngloGold Ashanti, Ltd. | 7,245 | 96,755 | |||
AngloGold Ashanti, Ltd., ADR | 5,623 | 75,798 | |||
Aspen Pharmacare Holdings, Ltd. | 9,807 | 84,162 | |||
Astral Foods, Ltd. | 1,655 | 19,957 | |||
AVI, Ltd. | 10,986 | 47,187 | |||
Barloworld, Ltd. | 12,459 | 63,416 | |||
Bid Corp., Ltd. | 3,445 | 65,252 | |||
Blue Label Telecoms, Ltd. (A) | 40,650 | 14,813 | |||
Capitec Bank Holdings, Ltd. | 718 | 85,374 | |||
Cashbuild, Ltd. | 822 | 10,908 | |||
Caxton & CTP Publishers & Printers, Ltd. | 83,154 | 47,422 | |||
Clicks Group, Ltd. | 5,074 | 88,220 | |||
Coronation Fund Managers, Ltd. | 8,366 | 15,401 | |||
Curro Holdings, Ltd. | 9,885 | 6,161 | |||
DataTec, Ltd. | 9,705 | 24,037 | |||
Dis-Chem Pharmacies, Ltd. (B) | 12,218 | 25,289 | |||
Discovery, Ltd. (A) | 8,788 | 62,966 | |||
Distell Group Holdings, Ltd. (A) | 2,740 | 27,531 | |||
DRDGOLD, Ltd. | 25,471 | 13,802 | |||
Exxaro Resources, Ltd. | 5,846 | 74,479 | |||
Famous Brands, Ltd. | 2,192 | 7,277 | |||
FirstRand, Ltd. | 63,945 | 238,842 | |||
Gold Fields, Ltd., ADR (D) | 25,603 | 207,128 | |||
Harmony Gold Mining Company, Ltd., ADR | 29,967 | 78,214 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 56 |
Shares | Value | ||||
South Africa (continued) | |||||
Impala Platinum Holdings, Ltd. | 23,518 | $246,430 | |||
Investec, Ltd. | 8,259 | 38,780 | |||
Italtile, Ltd. | 28,750 | 25,635 | |||
JSE, Ltd. | 3,574 | 22,389 | |||
KAP Industrial Holdings, Ltd. | 202,376 | 53,611 | |||
Kumba Iron Ore, Ltd. | 1,308 | 28,958 | |||
Lewis Group, Ltd. | 2,550 | 7,113 | |||
Life Healthcare Group Holdings, Ltd. | 71,118 | 83,334 | |||
Massmart Holdings, Ltd. (A) | 7,381 | 25,042 | |||
Metair Investments, Ltd. | 12,087 | 18,645 | |||
MiX Telematics, Ltd., ADR | 2,273 | 18,184 | |||
Momentum Metropolitan Holdings | 57,013 | 55,304 | |||
Motus Holdings, Ltd. | 8,289 | 56,171 | |||
Mpact, Ltd. | 6,725 | 11,178 | |||
Mr. Price Group, Ltd. | 5,773 | 62,538 | |||
MTN Group, Ltd. | 48,580 | 351,624 | |||
MultiChoice Group | 11,233 | 75,859 | |||
Murray & Roberts Holdings, Ltd. (A) | 42,702 | 22,213 | |||
Naspers, Ltd., N Shares | 380 | 53,582 | |||
Nedbank Group, Ltd. | 8,348 | 98,535 | |||
Netcare, Ltd. | 43,449 | 37,227 | |||
Ninety One, Ltd. | 8,381 | 18,887 | |||
Northam Platinum Holdings, Ltd. (A) | 7,939 | 74,795 | |||
Oceana Group, Ltd. | 3,370 | 10,782 | |||
Old Mutual, Ltd. | 136,247 | 80,716 | |||
Omnia Holdings, Ltd. | 6,609 | 23,828 | |||
Pepkor Holdings, Ltd. (B) | 60,144 | 70,622 | |||
Pick n Pay Stores, Ltd. | 14,046 | 50,690 | |||
PPC, Ltd. (A) | 113,640 | 16,894 | |||
Raubex Group, Ltd. | 10,511 | 21,405 | |||
RCL Foods, Ltd. | 10,269 | 6,344 | |||
Reunert, Ltd. | 7,864 | 20,627 | |||
Royal Bafokeng Platinum, Ltd. | 9,402 | 79,702 | |||
Sanlam, Ltd. | 31,632 | 98,339 | |||
Santam, Ltd. | 2,711 | 38,481 | |||
Sappi, Ltd. (A) | 38,495 | 102,612 | |||
Sasol, Ltd. (A) | 4,761 | 91,567 | |||
Shoprite Holdings, Ltd. | 5,780 | 78,377 | |||
Sibanye Stillwater, Ltd., ADR | 19,279 | 173,125 | |||
Standard Bank Group, Ltd. | 24,761 | 220,957 | |||
Sun International, Ltd. (A) | 5,842 | 11,160 | |||
Super Group, Ltd. | 21,896 | 37,118 | |||
Telkom SA SOC, Ltd. (A) | 16,120 | 41,371 | |||
The Bidvest Group, Ltd. | 6,674 | 83,604 |
57 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Africa (continued) | |||||
The Foschini Group, Ltd. | 6,727 | $49,801 | |||
The SPAR Group, Ltd. | 8,204 | 74,871 | |||
Tiger Brands, Ltd. | 6,459 | 62,846 | |||
Transaction Capital, Ltd. | 12,485 | 27,452 | |||
Truworths International, Ltd. | 12,341 | 41,155 | |||
Tsogo Sun Gaming, Ltd. (A) | 15,051 | 11,048 | |||
Tsogo Sun Hotels, Ltd. (A) | 52,665 | 11,352 | |||
Vodacom Group, Ltd. | 7,695 | 56,640 | |||
Wilson Bayly Holmes-Ovcon, Ltd. | 3,159 | 16,260 | |||
Woolworths Holdings, Ltd. | 25,117 | 81,941 | |||
South Korea 11.9% | 18,814,759 | ||||
Able C&C Company, Ltd. (A) | 359 | 1,506 | |||
Advanced Nano Products Company, Ltd. | 328 | 23,592 | |||
Advanced Process Systems Corp. | 1,012 | 14,609 | |||
Aekyung Chemical Company, Ltd. | 1,138 | 8,609 | |||
AfreecaTV Company, Ltd. | 224 | 12,713 | |||
Ahnlab, Inc. | 288 | 17,924 | |||
Ajin Industrial Company, Ltd. (A) | 2,965 | 6,871 | |||
AK Holdings, Inc. | 804 | 9,531 | |||
Alteogen, Inc. (A) | 493 | 23,244 | |||
ALUKO Company, Ltd. (A) | 3,314 | 7,608 | |||
Amorepacific Corp. | 352 | 32,082 | |||
AMOREPACIFIC Group | 998 | 25,834 | |||
Ananti, Inc. (A) | 2,455 | 12,425 | |||
Aprogen Pharmaceuticals, Inc. (A) | 18,480 | 8,337 | |||
Aprogen, Inc. (A) | 16,243 | 17,308 | |||
APS Holdings Corp. | 1,060 | 10,543 | |||
Asia Cement Company, Ltd. | 1,937 | 18,156 | |||
Asia Paper Manufacturing Company, Ltd. | 151 | 4,206 | |||
Atinum Investment Company, Ltd. | 6,093 | 14,944 | |||
Austem Company, Ltd. | 1,208 | 1,775 | |||
Bcworld Pharm Company, Ltd. | 17 | 114 | |||
BGF Company, Ltd. | 2,408 | 7,244 | |||
BGF retail Company, Ltd. | 220 | 26,351 | |||
BH Company, Ltd. | 1,811 | 42,349 | |||
Binex Company, Ltd. (A) | 1,385 | 15,353 | |||
Binggrae Company, Ltd. | 278 | 9,479 | |||
Bioneer Corp. (A) | 843 | 18,813 | |||
BIT Computer Company, Ltd. | 489 | 2,501 | |||
BNK Financial Group, Inc. | 7,863 | 39,207 | |||
Boditech Med, Inc. | 681 | 5,508 | |||
Bookook Securities Company, Ltd. | 368 | 6,058 | |||
Boryung | 912 | 6,878 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 58 |
Shares | Value | ||||
South Korea (continued) | |||||
Bosung Power Technology Company, Ltd. (A) | 1,899 | $8,878 | |||
Bukwang Pharmaceutical Company, Ltd. | 919 | 6,153 | |||
Byucksan Corp. | 6,701 | 12,964 | |||
Cafe24 Corp. (A) | 605 | 5,556 | |||
Capro Corp. (A) | 6,498 | 13,364 | |||
Celltrion Healthcare Company, Ltd. | 641 | 34,303 | |||
Celltrion Pharm, Inc. (A) | 256 | 14,890 | |||
Celltrion, Inc. | 737 | 103,738 | |||
Chabiotech Company, Ltd. (A) | 1,250 | 15,846 | |||
Cheil Worldwide, Inc. | 1,133 | 18,472 | |||
Chemtronics Company, Ltd. | 1,041 | 15,481 | |||
Cheryong Electric Company, Ltd. | 496 | 3,023 | |||
Choa Pharmaceutical Company (A) | 887 | 1,869 | |||
Choil Aluminum Company, Ltd. (A) | 12,301 | 21,026 | |||
Chong Kun Dang Pharmaceutical Corp. | 415 | 26,537 | |||
Chongkundang Holdings Corp. | 208 | 9,272 | |||
Chorokbaem Media Company, Ltd. (A) | 888 | 10,340 | |||
Chosun Refractories Company, Ltd. | 99 | 5,766 | |||
Chunbo Company, Ltd. | 135 | 22,637 | |||
CJ CheilJedang Corp. | 235 | 71,284 | |||
CJ Corp. | 502 | 29,208 | |||
CJ ENM Company, Ltd. | 412 | 30,029 | |||
CJ Logistics Corp. (A) | 437 | 38,518 | |||
Cloud Air Company, Ltd. (A) | 1,085 | 1,052 | |||
CMG Pharmaceutical Company, Ltd. (A) | 4,018 | 8,407 | |||
Com2uS Corp. | 281 | 16,845 | |||
Com2uS Holdings Corp. (A) | 325 | 14,459 | |||
ContentreeJoongAng Corp. (A) | 206 | 5,776 | |||
Coreana Cosmetics Company, Ltd. (A) | 428 | 982 | |||
Cosmax, Inc. | 460 | 21,409 | |||
CosmoAM&T Company, Ltd. (A) | 491 | 23,447 | |||
Cosmochemical Company, Ltd. (A) | 1,167 | 21,059 | |||
Coway Company, Ltd. | 1,438 | 68,225 | |||
CrystalGenomics, Inc. (A) | 2,100 | 5,696 | |||
CS Wind Corp. | 504 | 25,677 | |||
CTC BIO, Inc. (A) | 644 | 3,777 | |||
Cuckoo Holdings Company, Ltd. | 645 | 8,537 | |||
Cuckoo Homesys Company, Ltd. | 761 | 17,983 | |||
D.I Corp. | 851 | 3,860 | |||
Daea TI Company, Ltd. (A) | 1,930 | 5,185 | |||
Daechang Company, Ltd. | 12,548 | 13,735 | |||
Daedong Corp. | 657 | 5,873 | |||
Daeduck Electronics Company, Ltd. | 1,054 | 23,113 | |||
Daehan Steel Company, Ltd. | 1,190 | 12,886 |
59 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Daejoo Electronic Materials Company, Ltd. | 405 | $29,445 | |||
Daesang Corp. | 1,153 | 19,408 | |||
Daesung Holdings Company, Ltd. | 331 | 21,915 | |||
Daewon Cable Company, Ltd. (A) | 2,197 | 2,527 | |||
Daewon Pharmaceutical Company, Ltd. | 733 | 8,929 | |||
Daewoo Engineering & Construction Company, Ltd. (A) | 7,816 | 30,142 | |||
Daewoong Company, Ltd. | 971 | 17,520 | |||
Daewoong Pharmaceutical Company, Ltd. | 135 | 17,607 | |||
Daihan Pharmaceutical Company, Ltd. | 428 | 8,241 | |||
Daishin Securities Company, Ltd. | 1,799 | 20,606 | |||
Danal Company, Ltd. (A) | 1,829 | 9,889 | |||
Daol Investment & Securities Company, Ltd. | 4,881 | 16,655 | |||
Daou Technology, Inc. | 1,699 | 23,756 | |||
Dasan Networks, Inc. (A) | 946 | 3,815 | |||
Dawonsys Company, Ltd. | 1,186 | 20,394 | |||
Dayou Automotive Seat Technology Company, Ltd. (A) | 21,212 | 13,707 | |||
DB Financial Investment Company, Ltd. | 3,443 | 12,758 | |||
DB HiTek Company, Ltd. | 1,632 | 56,018 | |||
DB Insurance Company, Ltd. | 1,680 | 74,817 | |||
Dentium Company, Ltd. | 535 | 34,797 | |||
Deutsch Motors, Inc. | 2,653 | 15,239 | |||
DGB Financial Group, Inc. | 6,891 | 38,193 | |||
DI Dong Il Corp. | 1,331 | 17,482 | |||
Digital Daesung Company, Ltd. | 3,558 | 20,043 | |||
DIO Corp. (A) | 618 | 12,317 | |||
DL Construction Company, Ltd. | 688 | 10,208 | |||
DL E&C Company, Ltd. | 1,770 | 53,723 | |||
DL Holdings Company, Ltd. | 706 | 35,038 | |||
Dong-A Socio Holdings Company, Ltd. | 161 | 13,028 | |||
Dong-A ST Company, Ltd. | 230 | 9,656 | |||
Dongbang Transport Logistics Company, Ltd. (A) | 7,986 | 16,717 | |||
Dongjin Semichem Company, Ltd. | 1,174 | 29,955 | |||
DongKook Pharmaceutical Company, Ltd. | 903 | 12,443 | |||
Dongkuk Steel Mill Company, Ltd. | 3,295 | 32,279 | |||
Dongsuh Companies, Inc. | 1,160 | 21,117 | |||
Dongsung Chemical Company, Ltd. | 982 | 3,424 | |||
Dongsung Finetec Company, Ltd. | 639 | 6,182 | |||
Dongwha Enterprise Company, Ltd. (A) | 429 | 21,574 | |||
Dongwon F&B Company, Ltd. | 69 | 7,973 | |||
Dongwon Industries Company, Ltd. | 102 | 17,184 | |||
Dongwon Systems Corp. | 324 | 13,021 | |||
Doosan Bobcat, Inc. | 1,640 | 42,165 | |||
Doosan Company, Ltd. | 217 | 13,280 | |||
Doosan Enerbility Company, Ltd. (A) | 2,496 | 37,512 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 60 |
Shares | Value | ||||
South Korea (continued) | |||||
Doosan Fuel Cell Company, Ltd. (A) | 821 | $23,226 | |||
DoubleUGames Company, Ltd. | 350 | 11,165 | |||
Douzone Bizon Company, Ltd. | 422 | 11,310 | |||
Dreamtech Company, Ltd. | 1,544 | 10,813 | |||
Duk San Neolux Company, Ltd. (A) | 413 | 11,034 | |||
E1 Corp. | 458 | 16,062 | |||
Easy Holdings Company, Ltd. | 6,196 | 17,035 | |||
Ecopro BM Company, Ltd. | 520 | 43,026 | |||
Ecopro Company, Ltd. | 410 | 34,750 | |||
Ecopro HN Company, Ltd. | 540 | 21,332 | |||
Ehwa Technologies Information Company, Ltd. (A) | 6,572 | 4,618 | |||
Elentec Company, Ltd. | 980 | 12,852 | |||
E-MART, Inc. | 551 | 40,002 | |||
ENF Technology Company, Ltd. | 543 | 11,711 | |||
Eo Technics Company, Ltd. | 333 | 18,553 | |||
Estechpharma Company, Ltd. | 422 | 2,709 | |||
Eugene Corp. | 3,338 | 9,643 | |||
Eugene Investment & Securities Company, Ltd. | 7,899 | 16,770 | |||
Eugene Technology Company, Ltd. | 653 | 13,243 | |||
F&F Company, Ltd. | 860 | 90,743 | |||
Fila Holdings Corp. | 1,679 | 38,781 | |||
Fine Semitech Corp. | 1,035 | 11,139 | |||
Foosung Company, Ltd. | 1,456 | 17,418 | |||
GemVax & Kael Company, Ltd. (A) | 1,519 | 15,328 | |||
Genexine, Inc. (A) | 229 | 5,166 | |||
Geumhwa PSC Company, Ltd. | 327 | 7,626 | |||
GNCO Company, Ltd. (A) | 3,240 | 1,313 | |||
GOLFZON Company, Ltd. | 153 | 15,038 | |||
Gradiant Corp. | 512 | 7,090 | |||
Grand Korea Leisure Company, Ltd. (A) | 1,534 | 18,200 | |||
Green Cross Corp. | 117 | 14,283 | |||
Green Cross Holdings Corp. | 976 | 13,657 | |||
GS Engineering & Construction Corp. | 1,359 | 30,399 | |||
GS Holdings Corp. | 1,742 | 59,806 | |||
GS Retail Company, Ltd. | 1,349 | 25,501 | |||
HAESUNG DS Company, Ltd. | 506 | 22,005 | |||
Halla Holdings Corp. | 659 | 18,833 | |||
Han Kuk Carbon Company, Ltd. | 1,873 | 20,135 | |||
Hana Financial Group, Inc. | 6,877 | 200,442 | |||
Hana Materials, Inc. | 766 | 21,532 | |||
Hana Micron, Inc. | 2,888 | 27,367 | |||
Hanall Biopharma Company, Ltd. (A) | 1,203 | 15,693 | |||
Handok, Inc. | 440 | 5,656 | |||
Handsome Company, Ltd. | 592 | 12,483 |
61 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Hanil Cement Company, Ltd. | 1,300 | $14,738 | |||
Hanil Hyundai Cement Company, Ltd. | 101 | 1,793 | |||
Hanjin Transportation Company, Ltd. | 574 | 10,995 | |||
Hankook Shell Oil Company, Ltd. | 51 | 9,670 | |||
Hankook Tire & Technology Company, Ltd. | 1,665 | 46,939 | |||
Hanmi Pharm Company, Ltd. | 123 | 28,187 | |||
Hanmi Semiconductor Company, Ltd. | 2,656 | 23,596 | |||
HanmiGlobal Company, Ltd. | 473 | 6,273 | |||
Hanon Systems | 4,596 | 35,147 | |||
Hansae Company, Ltd. | 698 | 8,187 | |||
Hansae Yes24 Holdings Company, Ltd. | 769 | 3,250 | |||
Hanshin Construction Company, Ltd. | 985 | 9,241 | |||
Hansol Chemical Company, Ltd. | 257 | 41,507 | |||
Hansol Logistics Company, Ltd. | 7,871 | 19,035 | |||
Hansol Paper Company, Ltd. | 1,635 | 19,095 | |||
Hanssem Company, Ltd. | 268 | 10,718 | |||
Hanwha Aerospace Company, Ltd. | 526 | 31,822 | |||
Hanwha Corp. | 1,297 | 30,672 | |||
Hanwha General Insurance Company, Ltd. (A) | 6,667 | 23,328 | |||
Hanwha Investment & Securities Company, Ltd. | 8,046 | 18,536 | |||
Hanwha Life Insurance Company, Ltd. (A) | 11,044 | 18,947 | |||
Hanwha Solutions Corp. (A) | 1,506 | 58,722 | |||
Hanyang Eng Company, Ltd. | 1,161 | 12,655 | |||
Hanyang Securities Company, Ltd. | 2 | 15 | |||
HB SOLUTION Company, Ltd. (A) | 209 | 2,387 | |||
HD Hyundai Company, Ltd. | 1,362 | 63,950 | |||
HDC Hyundai Development Co-Engineering & Construction, Series E | 2,487 | 22,980 | |||
HDCLabs Company, Ltd. | 262 | 1,685 | |||
Helixmith Company, Ltd. (A) | 642 | 7,898 | |||
Hite Jinro Company, Ltd. | 827 | 18,772 | |||
Hitejinro Holdings Company, Ltd. | 1,133 | 9,853 | |||
HJ Magnolia Yongpyong Hotel & Resort Corp. (A) | 1,056 | 3,051 | |||
HLB, Inc. (A) | 1,038 | 37,897 | |||
HMM Company, Ltd. | 9,406 | 155,012 | |||
Homecast Company, Ltd. (A) | 1,134 | 3,284 | |||
Hotel Shilla Company, Ltd. | 893 | 48,918 | |||
HS Industries Company, Ltd. | 3,265 | 12,122 | |||
Hugel, Inc. (A) | 171 | 15,476 | |||
Huons Global Company, Ltd. | 661 | 10,575 | |||
Huvis Corp. | 1,370 | 6,219 | |||
Huvitz Company, Ltd. | 672 | 4,960 | |||
Hwa Shin Company, Ltd. | 1,306 | 10,490 | |||
HYBE Company, Ltd. (A) | 159 | 21,307 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 62 |
Shares | Value | ||||
South Korea (continued) | |||||
Hyosung Advanced Materials Corp. | 79 | $24,764 | |||
Hyosung Chemical Corp. (A) | 80 | 10,273 | |||
Hyosung Corp. | 244 | 13,558 | |||
Hyosung Heavy Industries Corp. (A) | 67 | 3,674 | |||
Hyosung TNC Corp. | 212 | 49,302 | |||
Hyundai BNG Steel Company, Ltd. | 218 | 2,285 | |||
Hyundai Construction Equipment Company, Ltd. | 833 | 25,150 | |||
Hyundai Department Store Company, Ltd. | 380 | 17,481 | |||
Hyundai Doosan Infracore Company, Ltd. (A) | 9,440 | 43,189 | |||
Hyundai Electric & Energy System Company, Ltd. (A) | 1,095 | 25,924 | |||
Hyundai Elevator Company, Ltd. | 946 | 20,570 | |||
Hyundai Engineering & Construction Company, Ltd. | 1,374 | 49,131 | |||
Hyundai Glovis Company, Ltd. | 459 | 60,141 | |||
Hyundai Greenfood Company, Ltd. | 3,412 | 19,539 | |||
Hyundai Home Shopping Network Corp. | 441 | 16,427 | |||
Hyundai HT Company, Ltd. | 353 | 2,160 | |||
Hyundai Livart Furniture Company, Ltd. | 1,313 | 10,688 | |||
Hyundai Marine & Fire Insurance Company, Ltd. | 2,053 | 48,159 | |||
Hyundai Mipo Dockyard Company, Ltd. | 337 | 26,753 | |||
Hyundai Mobis Company, Ltd. | 735 | 117,213 | |||
Hyundai Motor Company | 2,325 | 337,781 | |||
Hyundai Rotem Company, Ltd. (A) | 807 | 18,122 | |||
Hyundai Steel Company | 3,142 | 76,617 | |||
Hyundai Wia Corp. | 378 | 21,274 | |||
Hyupjin Company, Ltd. (A)(C) | 724 | 2,425 | |||
IA, Inc. (A) | 25,761 | 14,418 | |||
IHQ, Inc. (A) | 4,680 | 2,322 | |||
Iljin Holdings Company, Ltd. | 4,893 | 21,135 | |||
Iljin Materials Company, Ltd. | 293 | 16,056 | |||
Ilyang Pharmaceutical Company, Ltd. | 639 | 10,349 | |||
iMarketKorea, Inc. | 1,567 | 12,117 | |||
Industrial Bank of Korea | 7,253 | 51,644 | |||
Innocean Worldwide, Inc. | 383 | 12,110 | |||
Innox Advanced Materials Company, Ltd. | 866 | 22,170 | |||
Inscobee, Inc. (A) | 4,497 | 6,706 | |||
Insun ENT Company, Ltd. (A) | 1,874 | 15,020 | |||
INTOPS Company, Ltd. | 657 | 14,652 | |||
Inzi Controls Company, Ltd. | 2,349 | 13,671 | |||
IS Dongseo Company, Ltd. | 614 | 16,863 | |||
i-SENS, Inc. | 526 | 14,664 | |||
ISU Chemical Company, Ltd. | 1,684 | 31,849 | |||
IsuPetasys Company, Ltd. (A) | 1,612 | 7,979 | |||
Jahwa Electronics Company, Ltd. (A) | 1,148 | 24,661 | |||
Jayjun Cosmetic Company, Ltd. (A) | 2,132 | 1,376 |
63 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
JB Financial Group Company, Ltd. | 7,275 | $41,101 | |||
Jeil Savings Bank (A)(C) | 1,850 | 0 | |||
Jeju Semiconductor Corp. (A) | 5,245 | 17,752 | |||
Jusung Engineering Company, Ltd. | 1,645 | 19,344 | |||
JVM Company, Ltd. | 218 | 3,207 | |||
JYP Entertainment Corp. | 663 | 30,016 | |||
Kakao Corp. | 389 | 21,124 | |||
Kangwon Land, Inc. (A) | 1,542 | 30,403 | |||
KAON Media Company, Ltd. | 362 | 2,089 | |||
KB Financial Group, Inc. | 7,951 | 291,873 | |||
KC Tech Company, Ltd. | 460 | 5,548 | |||
KCC Corp. | 117 | 25,548 | |||
KCC Engineering & Construction Company, Ltd. | 812 | 4,074 | |||
KCC Glass Corp. | 684 | 25,623 | |||
KEPCO Engineering & Construction Company, Inc. | 302 | 16,439 | |||
KEPCO Plant Service & Engineering Company, Ltd. | 870 | 26,701 | |||
Kespion Company, Ltd. (A) | 8,120 | 7,398 | |||
KG Chemical Corp. | 641 | 13,031 | |||
KG DONGBUSTEEL | 2,195 | 20,440 | |||
KG Eco Technology Service Company, Ltd. | 1,715 | 18,424 | |||
Kginicis Company, Ltd. | 1,735 | 17,245 | |||
KGMobilians Company, Ltd. | 1,431 | 7,478 | |||
KH Electron Company, Ltd. (A) | 1,293 | 483 | |||
KH Vatec Company, Ltd. | 1,068 | 15,038 | |||
Kia Corp. | 5,037 | 301,907 | |||
KISWIRE, Ltd. | 633 | 9,633 | |||
KIWOOM Securities Company, Ltd. | 454 | 28,849 | |||
KMW Company, Ltd. (A) | 436 | 10,354 | |||
Koh Young Technology, Inc. | 1,589 | 16,637 | |||
Kolmar BNH Company, Ltd. | 589 | 11,332 | |||
Kolmar Korea Company, Ltd. | 453 | 12,880 | |||
Kolmar Korea Holdings Company, Ltd. | 571 | 7,034 | |||
Kolon Corp. | 754 | 14,225 | |||
Kolon Industries, Inc. | 1,245 | 48,393 | |||
KoMiCo, Ltd. | 489 | 16,922 | |||
Korea Aerospace Industries, Ltd. | 707 | 32,081 | |||
Korea Circuit Company, Ltd. (A) | 877 | 12,266 | |||
Korea Electric Power Corp. (A) | 2,206 | 34,398 | |||
Korea Electric Terminal Company, Ltd. | 438 | 21,693 | |||
Korea Gas Corp. | 863 | 27,956 | |||
Korea Investment Holdings Company, Ltd. | 1,339 | 56,459 | |||
Korea Line Corp. (A) | 8,922 | 15,079 | |||
Korea Petrochemical Industrial Company, Ltd. | 150 | 13,550 | |||
Korea Real Estate Investment & Trust Company, Ltd. | 13,600 | 16,480 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 64 |
Shares | Value | ||||
South Korea (continued) | |||||
Korea Shipbuilding & Offshore Engineering Company, Ltd. (A) | 476 | $34,353 | |||
Korea United Pharm, Inc. | 348 | 6,376 | |||
Korea Zinc Company, Ltd. | 69 | 34,516 | |||
Korean Air Lines Company, Ltd. (A) | 4,261 | 84,688 | |||
Korean Reinsurance Company | 5,180 | 32,224 | |||
KPM Tech Company, Ltd. (A) | 4,649 | 1,729 | |||
KPX Chemical Company, Ltd. | 134 | 4,934 | |||
KSS LINE, Ltd. | 1,928 | 15,506 | |||
KT Corp. | 1,250 | 34,642 | |||
KT Skylife Company, Ltd. | 2,656 | 16,915 | |||
KT&G Corp. | 1,197 | 74,355 | |||
Kukdo Chemical Company, Ltd. | 337 | 12,961 | |||
Kumho HT, Inc. (A) | 18,438 | 15,043 | |||
Kumho Petrochemical Company, Ltd. | 991 | 95,589 | |||
Kumho Tire Company, Inc. (A) | 6,125 | 15,818 | |||
KUMHOE&C Company, Ltd. | 1,164 | 7,179 | |||
Kwang Dong Pharmaceutical Company, Ltd. | 1,959 | 9,718 | |||
KX Innovation Company, Ltd. (A) | 1,202 | 6,652 | |||
Kyeryong Construction Industrial Company, Ltd. | 1,232 | 21,163 | |||
Kyongbo Pharmaceutical Company, Ltd. | 455 | 2,187 | |||
Kyung Dong Navien Company, Ltd. | 334 | 10,749 | |||
Kyungdong Pharm Company, Ltd. | 2,317 | 14,346 | |||
Kyung-In Synthetic Corp. | 2,294 | 9,542 | |||
L&C Bio Company, Ltd. | 662 | 12,881 | |||
L&F Company, Ltd. (A) | 164 | 27,815 | |||
LB Semicon, Inc. | 1,498 | 10,269 | |||
LEENO Industrial, Inc. | 261 | 27,778 | |||
LF Corp. | 1,828 | 23,029 | |||
LG Chem, Ltd. | 293 | 137,152 | |||
LG Corp. | 1,242 | 75,788 | |||
LG Display Company, Ltd. | 2,310 | 26,697 | |||
LG Display Company, Ltd., ADR | 18,489 | 105,757 | |||
LG Electronics, Inc. | 3,552 | 265,796 | |||
LG H&H Company, Ltd. | 123 | 65,134 | |||
LG HelloVision Company, Ltd. | 2,843 | 10,839 | |||
LG Innotek Company, Ltd. | 294 | 74,840 | |||
LG Uplus Corp. | 6,774 | 58,012 | |||
LIG Nex1 Company, Ltd. | 395 | 31,156 | |||
Lock&Lock Company, Ltd. (A) | 920 | 5,317 | |||
Lotte Chemical Corp. | 198 | 25,709 | |||
Lotte Chilsung Beverage Company, Ltd. | 242 | 27,845 | |||
Lotte Confectionery Company, Ltd. | 206 | 19,190 | |||
Lotte Corp. | 417 | 12,864 | |||
LOTTE Fine Chemical Company, Ltd. | 703 | 36,783 |
65 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
LOTTE Himart Company, Ltd. | 604 | $7,067 | |||
Lotte Non-Life Insurance Company, Ltd. (A) | 7,292 | 8,829 | |||
Lotte Shopping Company, Ltd. | 386 | 28,333 | |||
LS Corp. | 565 | 28,155 | |||
LS Electric Company, Ltd. | 593 | 24,596 | |||
LX Hausys, Ltd. | 473 | 15,811 | |||
LX Holdings Corp. (A) | 2,817 | 17,576 | |||
LX International Corp. | 1,440 | 46,374 | |||
LX Semicon Company, Ltd. | 689 | 48,478 | |||
Macquarie Korea Infrastructure Fund | 6,502 | 62,088 | |||
Maeil Dairies Company, Ltd. | 256 | 10,943 | |||
Maeil Holdings Company, Ltd. | 480 | 3,199 | |||
Mando Corp. | 793 | 31,695 | |||
Mcnex Company, Ltd. | 678 | 18,588 | |||
Medytox, Inc. (A) | 349 | 31,784 | |||
Meerecompany, Inc. | 81 | 1,325 | |||
MegaStudyEdu Company, Ltd. | 501 | 29,143 | |||
Meritz Financial Group, Inc. | 1,469 | 33,670 | |||
Meritz Fire & Marine Insurance Company, Ltd. | 1,030 | 29,407 | |||
Meritz Securities Company, Ltd. | 7,529 | 27,135 | |||
MiCo, Ltd. | 1,727 | 10,990 | |||
Mirae Asset Life Insurance Company, Ltd. | 6,888 | 15,572 | |||
Mirae Asset Securities Company, Ltd. | 10,763 | 52,489 | |||
Mirae Asset Venture Investment Company, Ltd. | 2,606 | 11,659 | |||
Miwon Commercial Company, Ltd. | 98 | 12,888 | |||
MK Electron Company, Ltd. | 1,378 | 13,390 | |||
Multicampus Company, Ltd. | 178 | 4,779 | |||
MyungMoon Pharm Company, Ltd. (A) | 1,061 | 2,435 | |||
Namhae Chemical Corp. | 1,084 | 8,678 | |||
Namsun Aluminum Company, Ltd. (A) | 7,722 | 12,873 | |||
NAVER Corp. | 424 | 75,237 | |||
NCSoft Corp. | 137 | 38,499 | |||
Neowiz (A) | 886 | 25,851 | |||
NEOWIZ HOLDINGS Corp. | 409 | 10,441 | |||
NEPES Corp. (A) | 486 | 7,857 | |||
Netmarble Corp. (B) | 311 | 14,663 | |||
Nexen Tire Corp. | 4,056 | 20,067 | |||
NextEye Company, Ltd. (A) | 397 | 209 | |||
NEXTIN, Inc. | 476 | 20,009 | |||
NH Investment & Securities Company, Ltd. | 5,819 | 43,077 | |||
NHN Corp. (A) | 718 | 13,484 | |||
NHN KCP Corp. (A) | 1,233 | 11,590 | |||
NICE Holdings Company, Ltd. | 1,125 | 11,456 | |||
Nice Information & Telecommunication, Inc. | 598 | 11,260 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 66 |
Shares | Value | ||||
South Korea (continued) | |||||
NICE Information Service Company, Ltd. | 1,825 | $19,513 | |||
Nong Woo Bio Company, Ltd. | 564 | 4,281 | |||
NongShim Company, Ltd. | 120 | 26,827 | |||
NOROO Paint & Coatings Company, Ltd. | 430 | 2,918 | |||
OCI Company, Ltd. | 554 | 48,205 | |||
Opto Device Technology Company, Ltd. | 373 | 1,453 | |||
OPTUS Pharmaceutical Company, Ltd. | 549 | 2,483 | |||
Orion Corp. | 334 | 24,467 | |||
Orion Holdings Corp. | 1,265 | 13,756 | |||
Osstem Implant Company, Ltd. | 379 | 36,288 | |||
Osung Advanced Materials Company, Ltd. (A)(C) | 5,009 | 8,052 | |||
Ottogi Corp. | 37 | 13,239 | |||
Pan Ocean Company, Ltd. | 14,756 | 56,462 | |||
Paradise Company, Ltd. (A) | 1,307 | 15,498 | |||
Partron Company, Ltd. | 1,950 | 12,565 | |||
Pearl Abyss Corp. (A) | 412 | 17,325 | |||
People & Technology, Inc. | 844 | 31,463 | |||
PharmaResearch Company, Ltd. | 170 | 8,517 | |||
Pharmicell Company, Ltd. (A) | 1,235 | 11,510 | |||
PI Advanced Materials Company, Ltd. | 558 | 15,411 | |||
Poongsan Corp. | 1,263 | 29,168 | |||
POSCO Chemical Company, Ltd. | 317 | 39,408 | |||
POSCO Holdings, Inc. | 1,808 | 342,011 | |||
Posco International Corp. | 2,195 | 43,816 | |||
PSK, Inc. | 656 | 16,620 | |||
Pulmuone Company, Ltd. | 814 | 8,343 | |||
RFHIC Corp. | 601 | 11,287 | |||
S-1 Corp. | 411 | 17,846 | |||
Sajodaerim Corp. | 926 | 18,738 | |||
Sam Chun Dang Pharm Company, Ltd. | 567 | 14,769 | |||
Sam Young Electronics Company, Ltd. | 1,240 | 10,072 | |||
Sam Yung Trading Company, Ltd. | 901 | 8,874 | |||
Samchully Company, Ltd. | 159 | 24,692 | |||
Samick THK Company, Ltd. | 534 | 5,345 | |||
Samji Electronics Company, Ltd. | 2,081 | 15,513 | |||
Samjin Pharmaceutical Company, Ltd. | 502 | 9,273 | |||
Samkee Corp. | 5,031 | 11,813 | |||
SAMPYO Cement Company, Ltd. | 2,549 | 7,822 | |||
Samsung Biologics Company, Ltd. (A)(B) | 70 | 43,537 | |||
Samsung C&T Corp. | 744 | 66,615 | |||
Samsung Card Company, Ltd. | 1,362 | 31,839 | |||
Samsung Electro-Mechanics Company, Ltd. | 1,476 | 152,820 | |||
Samsung Electronics Company, Ltd. | 67,189 | 2,976,525 | |||
Samsung Electronics Company, Ltd., GDR | 1,005 | 1,099,037 |
67 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Samsung Engineering Company, Ltd. (A) | 3,700 | $64,332 | |||
Samsung Fire & Marine Insurance Company, Ltd. | 1,030 | 149,694 | |||
Samsung Heavy Industries Company, Ltd. (A) | 6,406 | 28,422 | |||
Samsung Life Insurance Company, Ltd. | 1,023 | 47,216 | |||
Samsung SDI Company, Ltd. | 258 | 114,062 | |||
Samsung SDS Company, Ltd. | 458 | 43,711 | |||
Samsung Securities Company, Ltd. | 1,690 | 42,546 | |||
SAMT Company, Ltd. | 6,335 | 16,486 | |||
Samwha Capacitor Company, Ltd. | 526 | 16,339 | |||
Samyang Corp. | 253 | 7,654 | |||
Samyang Foods Company, Ltd. | 292 | 24,252 | |||
Samyang Holdings Corp. | 267 | 13,649 | |||
Sangsangin Company, Ltd. | 3,162 | 20,117 | |||
SaraminHR Company, Ltd. | 326 | 8,195 | |||
Seah Besteel Holdings Corp. | 1,462 | 20,229 | |||
SeAH Holdings Corp. | 61 | 5,232 | |||
SeAH Steel Corp. | 195 | 27,687 | |||
SeAH Steel Holdings Corp. | 93 | 12,615 | |||
Sebang Company, Ltd. | 1,127 | 11,562 | |||
Sebang Global Battery Company, Ltd. | 496 | 19,171 | |||
Seegene, Inc. | 1,040 | 24,365 | |||
Sejong Industrial Company, Ltd. | 995 | 4,536 | |||
Seojin System Company, Ltd. | 1,392 | 15,601 | |||
Seoul Semiconductor Company, Ltd. | 1,598 | 13,670 | |||
SEOWONINTECH Company, Ltd. | 540 | 2,428 | |||
Seoyon Company, Ltd. | 2,013 | 10,115 | |||
Seoyon E-Hwa Company, Ltd. | 105 | 672 | |||
Sewon E&C Company, Ltd. (A) | 4,490 | 2,937 | |||
SFA Engineering Corp. | 833 | 25,431 | |||
SFA Semicon Company, Ltd. (A) | 2,349 | 8,953 | |||
SGC Energy Company, Ltd. | 730 | 20,282 | |||
SGC eTec E&C Company, Ltd. | 158 | 5,929 | |||
SH Energy & Chemical Company, Ltd. | 2,681 | 2,462 | |||
Shin Poong Pharmaceutical Company, Ltd. (A) | 207 | 4,293 | |||
Shinhan Financial Group Company, Ltd. | 11,393 | 308,676 | |||
Shinsegae Engineering & Construction Company, Ltd. | 261 | 4,970 | |||
Shinsegae Food Company, Ltd. | 221 | 9,591 | |||
Shinsegae International, Inc. | 545 | 11,299 | |||
Shinsegae, Inc. | 209 | 34,639 | |||
Shinsung Delta Tech Company, Ltd. | 2,414 | 19,235 | |||
Shinsung E&G Company, Ltd. (A) | 12,585 | 22,808 | |||
Shinyoung Securities Company, Ltd. | 377 | 16,010 | |||
SIMMTECH Company, Ltd. | 552 | 15,822 | |||
SIMPAC, Inc. | 4,651 | 22,189 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 68 |
Shares | Value | ||||
South Korea (continued) | |||||
SK Chemicals Company, Ltd. | 418 | $30,302 | |||
SK D&D Company, Ltd. | 481 | 9,587 | |||
SK Discovery Company, Ltd. | 404 | 10,909 | |||
SK Gas, Ltd. | 234 | 20,283 | |||
SK Hynix, Inc. | 14,173 | 996,475 | |||
SK Innovation Company, Ltd. (A) | 1,000 | 140,775 | |||
SK Networks Company, Ltd. | 9,038 | 30,559 | |||
SK Securities Company, Ltd. | 33,889 | 19,003 | |||
SK Telecom Company, Ltd. | 546 | 21,183 | |||
SK, Inc. | 715 | 123,673 | |||
SKC Company, Ltd. | 361 | 32,440 | |||
SL Corp. | 916 | 26,112 | |||
SM Entertainment Company, Ltd. | 668 | 34,282 | |||
S-MAC Company, Ltd. (A)(C) | 4,732 | 11,975 | |||
SNT Holdings Company, Ltd. | 302 | 3,567 | |||
SNT Motiv Company, Ltd. | 643 | 23,142 | |||
S-Oil Corp. | 1,221 | 92,613 | |||
Solid, Inc. (A) | 2,651 | 10,702 | |||
SOLUM Company, Ltd. (A) | 1,423 | 21,832 | |||
Solus Advanced Materials Company, Ltd. | 459 | 14,170 | |||
Songwon Industrial Company, Ltd. | 862 | 12,129 | |||
Soulbrain Company, Ltd. | 162 | 26,025 | |||
Soulbrain Holdings Company, Ltd. | 248 | 4,167 | |||
Spigen Korea Company, Ltd. | 296 | 8,121 | |||
SSANGYONG C&E Company, Ltd. | 4,522 | 23,008 | |||
ST Pharm Company, Ltd. | 358 | 26,135 | |||
STIC Investments, Inc. | 1,746 | 9,716 | |||
Studio Dragon Corp. (A) | 258 | 14,528 | |||
Suheung Company, Ltd. | 579 | 15,055 | |||
Sun Kwang Company, Ltd. | 390 | 29,011 | |||
Sung Kwang Bend Company, Ltd. | 1,291 | 15,719 | |||
Sungshin Cement Company, Ltd. | 1,538 | 11,944 | |||
Sungwoo Hitech Company, Ltd. | 6,093 | 23,696 | |||
Sunjin Company, Ltd. | 1,060 | 8,011 | |||
Sunny Electronics Corp. (A) | 1,058 | 2,129 | |||
Suprema, Inc. (A) | 225 | 4,484 | |||
SY Company, Ltd. (A) | 1,552 | 3,854 | |||
Systems Technology, Inc. | 946 | 10,497 | |||
Tae Kyung Industrial Company, Ltd. | 604 | 3,038 | |||
Taekwang Industrial Company, Ltd. | 15 | 9,224 | |||
Taeyoung Engineering & Construction Company, Ltd. | 2,164 | 10,287 | |||
Taihan Electric Wire Company, Ltd. (A) | 22,026 | 30,596 | |||
Taihan Fiberoptics Company, Ltd. (A) | 8,404 | 17,401 | |||
TechWing, Inc. | 2,472 | 13,594 |
69 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Telechips, Inc. | 1,208 | $13,210 | |||
TES Company, Ltd. | 818 | 12,066 | |||
Theragen Etex Company, Ltd. (A) | 1,048 | 3,475 | |||
TK Corp. | 1,251 | 18,039 | |||
TKG Huchems Company, Ltd. | 1,256 | 19,848 | |||
Tokai Carbon Korea Company, Ltd. | 189 | 15,705 | |||
Tongyang Life Insurance Company, Ltd. | 3,769 | 15,799 | |||
Toptec Company, Ltd. (A) | 1,541 | 9,267 | |||
TY Holdings Company, Ltd. (A) | 1,334 | 16,771 | |||
Uju Electronics Company, Ltd. | 578 | 9,254 | |||
Unid Company, Ltd. | 224 | 17,298 | |||
Union Semiconductor Equipment & Materials Company, Ltd. | 1,777 | 10,001 | |||
Uniquest Corp. | 1,605 | 10,605 | |||
Unison Company, Ltd. (A) | 8,470 | 17,125 | |||
Value Added Technology Company, Ltd. | 533 | 13,298 | |||
Webzen, Inc. (A) | 1,268 | 17,460 | |||
Whanin Pharmaceutical Company, Ltd. | 637 | 8,116 | |||
Winix, Inc. | 1,393 | 12,838 | |||
WiSoL Company, Ltd. | 1,676 | 10,884 | |||
WIZIT Company, Ltd. (A) | 3,288 | 2,248 | |||
WONIK CUBE Corp. (A) | 1,133 | 2,196 | |||
Wonik Holdings Company, Ltd. (A) | 3,450 | 9,709 | |||
WONIK IPS Company, Ltd. | 1,338 | 27,689 | |||
Wonik Pne Company, Ltd. (A) | 529 | 8,571 | |||
Wonik QnC Corp. | 792 | 16,058 | |||
Woori Financial Group, Inc. | 11,908 | 107,719 | |||
Woori Investment Bank Company, Ltd. | 16,599 | 10,923 | |||
Woori Technology, Inc. (A) | 3,129 | 4,847 | |||
Woorison F&G Company, Ltd. | 2,437 | 3,606 | |||
Y G-1 Company, Ltd. | 1,316 | 6,757 | |||
YG Entertainment, Inc. | 319 | 14,327 | |||
YJM Games Company, Ltd. (A) | 1,588 | 2,292 | |||
Youlchon Chemical Company, Ltd. | 1,067 | 24,974 | |||
Youngone Corp. | 961 | 31,818 | |||
Youngone Holdings Company, Ltd. | 249 | 9,811 | |||
Yuanta Securities Korea Company, Ltd. | 8,310 | 17,666 | |||
Yuhan Corp. | 870 | 36,793 | |||
Yungjin Pharmaceutical Company, Ltd. (A) | 3,547 | 8,875 | |||
Zinus, Inc. | 357 | 11,514 | |||
Spain 0.0% | 10,380 | ||||
AmRest Holdings SE (A) | 2,461 | 10,380 | |||
Taiwan 16.3% | 25,900,513 | ||||
Abico Avy Company, Ltd. | 11,089 | 8,286 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 70 |
Shares | Value | ||||
Taiwan (continued) | |||||
Ability Enterprise Company, Ltd. | 24,000 | $18,325 | |||
AcBel Polytech, Inc. | 18,000 | 17,754 | |||
Accton Technology Corp. | 7,796 | 71,790 | |||
Acer, Inc. | 116,510 | 83,680 | |||
ACES Electronic Company, Ltd. | 11,000 | 13,382 | |||
Acter Group Corp., Ltd. | 1,697 | 11,792 | |||
Addcn Technology Company, Ltd. | 2,366 | 15,283 | |||
Advanced Ceramic X Corp. | 2,000 | 12,387 | |||
Advanced Energy Solution Holding Company, Ltd. | 1,000 | 31,680 | |||
Advanced International Multitech Company, Ltd. | 8,000 | 26,544 | |||
Advanced Power Electronics Corp. | 6,000 | 22,638 | |||
Advanced Wireless Semiconductor Company | 4,000 | 10,674 | |||
Advantech Company, Ltd. | 3,738 | 39,877 | |||
Aerospace Industrial Development Corp. | 11,000 | 12,768 | |||
AGV Products Corp. | 59,000 | 19,230 | |||
Alchip Technologies, Ltd. | 3,000 | 82,967 | |||
ALI Corp. (A) | 19,000 | 15,677 | |||
Allied Supreme Corp. | 2,000 | 25,764 | |||
Allis Electric Company, Ltd. | 4,200 | 4,656 | |||
Alltek Technology Corp. | 11,446 | 14,152 | |||
Alltop Technology Company, Ltd. | 2,000 | 10,025 | |||
Altek Corp. | 10,000 | 12,206 | |||
Amazing Microelectronic Corp. | 4,740 | 16,940 | |||
AMPOC Far-East Company, Ltd. | 7,000 | 9,659 | |||
AmTRAN Technology Company, Ltd. | 18,000 | 7,514 | |||
Anpec Electronics Corp. | 3,000 | 13,718 | |||
Apex Biotechnology Corp. | 8,060 | 7,449 | |||
Apex International Company, Ltd. | 9,000 | 18,122 | |||
Arcadyan Technology Corp. | 8,898 | 33,468 | |||
Ardentec Corp. | 34,363 | 51,308 | |||
ASE Technology Holding Company, Ltd., ADR | 44,610 | 256,954 | |||
Asia Cement Corp. | 53,608 | 75,889 | |||
Asia Optical Company, Inc. | 9,710 | 20,836 | |||
Asia Pacific Telecom Company, Ltd. (A) | 116,666 | 26,803 | |||
Asia Polymer Corp. | 29,994 | 26,882 | |||
Asia Vital Components Company, Ltd. | 10,667 | 37,575 | |||
ASIX Electronics Corp. | 5,000 | 19,974 | |||
ASMedia Technology, Inc. | 1,000 | 30,184 | |||
ASPEED Technology, Inc. | 1,100 | 72,397 | |||
ASROCK, Inc. | 3,000 | 9,407 | |||
Asustek Computer, Inc. | 17,528 | 145,851 | |||
Aten International Company, Ltd. | 4,000 | 10,258 | |||
Audix Corp. | 6,000 | 9,920 | |||
AUO Corp. | 301,000 | 164,355 |
71 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
AURAS Technology Company, Ltd. | 3,000 | $15,131 | |||
Aurora Corp. | 4,000 | 11,218 | |||
Bank of Kaohsiung Company, Ltd. | 43,580 | 19,866 | |||
Basso Industry Corp. | 8,700 | 12,063 | |||
BenQ Materials Corp. | 23,000 | 23,908 | |||
BES Engineering Corp. | 45,200 | 13,850 | |||
Bizlink Holding, Inc. | 4,064 | 45,027 | |||
Bora Pharmaceuticals Company, Ltd. | 4,402 | 48,920 | |||
Brighton-Best International Taiwan, Inc. | 28,000 | 31,536 | |||
C Sun Manufacturing, Ltd. | 8,240 | 12,685 | |||
Capital Securities Corp. | 64,826 | 25,311 | |||
Career Technology MFG. Company, Ltd. (A) | 29,599 | 25,535 | |||
Castles Technology Company, Ltd. | 10,000 | 24,400 | |||
Caswell, Inc. | 3,000 | 9,771 | |||
Catcher Technology Company, Ltd. | 16,000 | 96,989 | |||
Cathay Financial Holding Company, Ltd. | 120,161 | 174,813 | |||
Cathay Real Estate Development Company, Ltd. | 19,000 | 10,773 | |||
Center Laboratories, Inc. | 16,495 | 33,959 | |||
Central Reinsurance Company, Ltd. | 17,000 | 11,878 | |||
Century Iron & Steel Industrial Company, Ltd. | 5,000 | 14,262 | |||
Chailease Holding Company, Ltd. | 24,674 | 158,425 | |||
Chang Hwa Commercial Bank, Ltd. | 79,528 | 45,936 | |||
Chang Wah Electromaterials, Inc. | 14,090 | 16,010 | |||
Chang Wah Technology Company, Ltd. | 7,000 | 20,575 | |||
Channel Well Technology Company, Ltd. | 7,000 | 7,032 | |||
Charoen Pokphand Enterprise | 12,612 | 33,322 | |||
CHC Resources Corp. | 7,000 | 10,828 | |||
Chenbro Micom Company, Ltd. | 7,000 | 18,597 | |||
Cheng Loong Corp. | 47,480 | 43,987 | |||
Cheng Mei Materials Technology Corp. (A) | 46,050 | 16,236 | |||
Cheng Shin Rubber Industry Company, Ltd. | 54,031 | 62,592 | |||
Cheng Uei Precision Industry Company, Ltd. | 16,000 | 19,509 | |||
Chia Chang Company, Ltd. | 10,000 | 12,321 | |||
Chia Hsin Cement Corp. | 17,089 | 10,154 | |||
Chicony Electronics Company, Ltd. | 12,455 | 33,251 | |||
Chicony Power Technology Company, Ltd. | 12,305 | 28,582 | |||
Chief Telecom, Inc. | 3,000 | 28,374 | |||
Chieftek Precision Company, Ltd. | 7,700 | 18,730 | |||
China Airlines, Ltd. | 119,820 | 88,634 | |||
China Bills Finance Corp. | 43,000 | 22,913 | |||
China Development Financial Holding Corp. | 392,192 | 171,346 | |||
China Electric Manufacturing Corp. | 35,000 | 19,709 | |||
China General Plastics Corp. | 13,690 | 10,580 | |||
China Man-Made Fiber Corp. | 59,001 | 15,836 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 72 |
Shares | Value | ||||
Taiwan (continued) | |||||
China Metal Products Company, Ltd. | 14,966 | $14,593 | |||
China Motor Corp. | 10,000 | 15,214 | |||
China Petrochemical Development Corp. | 171,683 | 57,492 | |||
China Steel Chemical Corp. | 6,000 | 22,956 | |||
China Steel Corp. | 217,038 | 205,549 | |||
Ching Feng Home Fashions Company, Ltd. | 11,000 | 6,659 | |||
Chin-Poon Industrial Company, Ltd. | 13,642 | 13,898 | |||
Chipbond Technology Corp. | 33,000 | 61,592 | |||
ChipMOS Technologies, Inc. | 37,638 | 43,859 | |||
Chong Hong Construction Company, Ltd. | 5,024 | 12,232 | |||
Chroma ATE, Inc. | 10,440 | 64,065 | |||
Chun Yuan Steel Industry Company, Ltd. | 33,381 | 18,197 | |||
Chung Hung Steel Corp. | 50,226 | 42,380 | |||
Chung Hwa Food Industrial Company, Ltd. | 3,000 | 10,340 | |||
Chung-Hsin Electric & Machinery Manufacturing Corp. | 22,000 | 47,540 | |||
Chunghwa Precision Test Tech Company, Ltd. | 1,000 | 15,063 | |||
Chunghwa Telecom Company, Ltd. | 34,000 | 134,915 | |||
Cleanaway Company, Ltd. | 6,000 | 34,773 | |||
Clevo Company | 17,120 | 19,356 | |||
CMC Magnetics Corp. (A) | 29,201 | 7,656 | |||
Compal Electronics, Inc. | 114,895 | 85,547 | |||
Compeq Manufacturing Company, Ltd. | 33,000 | 56,589 | |||
Concord Securities Company, Ltd. | 38,000 | 13,541 | |||
Continental Holdings Corp. | 12,950 | 12,689 | |||
Coremax Corp. | 3,990 | 17,304 | |||
Coretronic Corp. | 17,000 | 34,861 | |||
Co-Tech Development Corp. | 9,000 | 12,610 | |||
CSBC Corp. Taiwan (A) | 14,000 | 8,396 | |||
CTBC Financial Holding Company, Ltd. | 292,967 | 224,400 | |||
CTCI Corp. | 17,000 | 25,077 | |||
CyberPower Systems, Inc. | 4,000 | 14,295 | |||
CyberTAN Technology, Inc. | 23,000 | 22,377 | |||
DA CIN Construction Company, Ltd. | 11,000 | 11,097 | |||
Da-Li Development Company, Ltd. | 17,000 | 15,816 | |||
Darfon Electronics Corp. | 7,000 | 9,447 | |||
Daxin Materials Corp. | 9,000 | 21,585 | |||
Delta Electronics, Inc. | 14,253 | 122,029 | |||
Depo Auto Parts Industrial Company, Ltd. | 8,000 | 21,703 | |||
Dimerco Data System Corp. | 6,000 | 14,302 | |||
Dimerco Express Corp. | 6,000 | 15,805 | |||
D-Link Corp. (A) | 19,004 | 10,392 | |||
Dynamic Holding Company, Ltd. | 31,000 | 20,522 | |||
Dynapack International Technology Corp. | 5,000 | 13,027 | |||
E Ink Holdings, Inc. | 4,000 | 31,103 |
73 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
E.Sun Financial Holding Company, Ltd. | 123,583 | $113,871 | |||
Eastern Media International Corp. | 27,300 | 21,716 | |||
Eclat Textile Company, Ltd. | 4,532 | 65,639 | |||
ECOVE Environment Corp. | 3,000 | 26,097 | |||
Edom Technology Company, Ltd. | 10,000 | 9,540 | |||
Egis Technology, Inc. | 4,000 | 10,535 | |||
Elan Microelectronics Corp. | 16,400 | 51,866 | |||
E-LIFE MALL Corp. | 6,000 | 16,454 | |||
Elite Advanced Laser Corp. | 9,000 | 13,556 | |||
Elite Material Company, Ltd. | 10,831 | 57,010 | |||
Elite Semiconductor Microelectronics Technology, Inc. | 7,000 | 18,009 | |||
Elitegroup Computer Systems Company, Ltd. | 15,000 | 12,843 | |||
eMemory Technology, Inc. | 1,000 | 44,724 | |||
Ennoconn Corp. | 3,000 | 21,591 | |||
Ennostar, Inc. | 17,605 | 29,573 | |||
EnTie Commercial Bank Company, Ltd. | 52,000 | 25,098 | |||
Episil-Precision, Inc. | 7,000 | 20,354 | |||
Eris Technology Corp. | 3,000 | 23,404 | |||
Eternal Materials Company, Ltd. | 34,966 | 38,774 | |||
Etron Technology, Inc. (A) | 9,000 | 15,351 | |||
Eva Airways Corp. | 82,332 | 90,102 | |||
Everest Textile Company, Ltd. (A) | 50,000 | 12,895 | |||
Evergreen International Storage & Transport Corp. | 15,320 | 14,885 | |||
Evergreen Marine Corp. Taiwan, Ltd. | 74,182 | 212,585 | |||
Evergreen Steel Corp. | 12,000 | 24,134 | |||
Everlight Chemical Industrial Corp. | 26,000 | 17,917 | |||
Everlight Electronics Company, Ltd. | 16,000 | 20,556 | |||
Far Eastern Department Stores, Ltd. | 54,558 | 36,272 | |||
Far Eastern International Bank | 114,567 | 46,111 | |||
Far Eastern New Century Corp. | 74,878 | 80,236 | |||
Far EasTone Telecommunications Company, Ltd. | 35,000 | 85,840 | |||
Faraday Technology Corp. | 8,000 | 48,302 | |||
Farglory F T Z Investment Holding Company, Ltd. | 11,000 | 18,814 | |||
Farglory Land Development Company, Ltd. | 17,526 | 36,639 | |||
Federal Corp. | 21,137 | 14,830 | |||
Feng Hsin Steel Company, Ltd. | 17,000 | 37,240 | |||
Feng TAY Enterprise Company, Ltd. | 8,494 | 47,654 | |||
First Financial Holding Company, Ltd. | 159,881 | 138,709 | |||
First Hotel | 14,923 | 6,990 | |||
First Steamship Company, Ltd. (A) | 31,479 | 9,893 | |||
Fittech Company, Ltd. | 3,000 | 12,035 | |||
FLEXium Interconnect, Inc. (A) | 14,352 | 43,854 | |||
Flytech Technology Company, Ltd. | 6,125 | 17,069 | |||
Formosa Advanced Technologies Company, Ltd. | 9,000 | 11,406 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 74 |
Shares | Value | ||||
Taiwan (continued) | |||||
Formosa Chemicals & Fibre Corp. | 48,440 | $108,825 | |||
Formosa International Hotels Corp. | 4,000 | 22,730 | |||
Formosa Laboratories, Inc. | �� | 9,000 | 17,631 | ||
Formosa Petrochemical Corp. | 12,000 | 32,893 | |||
Formosa Plastics Corp. | 40,880 | 121,888 | |||
Formosa Sumco Technology Corp. | 2,000 | 11,838 | |||
Formosa Taffeta Company, Ltd. | 32,000 | 28,922 | |||
Formosan Rubber Group, Inc. | 18,180 | 13,183 | |||
Formosan Union Chemical | 26,000 | 21,033 | |||
Foxconn Technology Company, Ltd. | 21,617 | 35,740 | |||
Foxsemicon Integrated Technology, Inc. | 2,427 | 16,181 | |||
FSP Technology, Inc. | 8,000 | 10,347 | |||
Fubon Financial Holding Company, Ltd. | 136,358 | 255,678 | |||
Fulgent Sun International Holding Company, Ltd. | 8,112 | 50,193 | |||
Fulltech Fiber Glass Corp. | 34,354 | 16,157 | |||
Fusheng Precision Company, Ltd. | 7,000 | 45,233 | |||
Fwusow Industry Company, Ltd. | 21,000 | 14,860 | |||
G Shank Enterprise Company, Ltd. | 8,000 | 15,445 | |||
Gallant Precision Machining Company, Ltd. | 14,000 | 12,403 | |||
Gamania Digital Entertainment Company, Ltd. | 7,000 | 13,893 | |||
GEM Services, Inc. | 7,000 | 17,783 | |||
Gemtek Technology Corp. | 26,496 | 27,430 | |||
General Interface Solution Holding, Ltd. | 14,000 | 36,799 | |||
Genius Electronic Optical Company, Ltd. | 2,952 | 43,006 | |||
GeoVision, Inc. (A) | 1,703 | 1,640 | |||
Getac Holdings Corp. | 20,000 | 31,129 | |||
GFC, Ltd. | 6,000 | 14,828 | |||
Giant Manufacturing Company, Ltd. | 9,000 | 70,303 | |||
Gigabyte Technology Company, Ltd. | 17,719 | 49,421 | |||
Gigastorage Corp. (A) | 21,000 | 15,318 | |||
Global Brands Manufacture, Ltd. | 14,362 | 13,631 | |||
Global Mixed Mode Technology, Inc. | 7,000 | 34,007 | |||
Global PMX Company, Ltd. | 2,000 | 10,275 | |||
Global Unichip Corp. | 2,000 | 35,066 | |||
Globalwafers Company, Ltd. | 6,000 | 94,925 | |||
Globe Union Industrial Corp. (A) | 22,000 | 9,186 | |||
Gloria Material Technology Corp. | 22,000 | 20,438 | |||
Gold Circuit Electronics, Ltd. | 9,000 | 24,474 | |||
Goldsun Building Materials Company, Ltd. | 52,208 | 43,291 | |||
Gourmet Master Company, Ltd. | 4,000 | 13,264 | |||
Grand Pacific Petrochemical | 48,000 | 29,480 | |||
Grand Process Technology Corp. | 2,000 | 18,638 | |||
Grape King Bio, Ltd. | 7,000 | 34,180 | |||
Great Taipei Gas Company, Ltd. | 25,000 | 26,808 |
75 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Great Tree Pharmacy Company, Ltd. | 3,771 | $38,109 | |||
Great Wall Enterprise Company, Ltd. | 26,288 | 42,409 | |||
Greatek Electronics, Inc. | 11,000 | 21,329 | |||
Hannstar Board Corp. | 23,213 | 24,816 | |||
HannStar Display Corp. | 58,980 | 22,931 | |||
HannsTouch Solution, Inc. | 42,000 | 15,006 | |||
Hey Song Corp. | 18,250 | 20,223 | |||
Highlight Tech Corp. | 7,000 | 12,594 | |||
Highwealth Construction Corp. | 25,446 | 40,347 | |||
Hitron Technology, Inc. | 8,267 | 7,898 | |||
Hiwin Technologies Corp. | 7,083 | 47,807 | |||
Ho Tung Chemical Corp. | 55,773 | 17,085 | |||
Holtek Semiconductor, Inc. | 5,000 | 12,078 | |||
Holy Stone Enterprise Company, Ltd. | 7,000 | 20,435 | |||
Hon Hai Precision Industry Company, Ltd. | 161,352 | 574,539 | |||
Hong TAI Electric Industrial | 29,000 | 16,056 | |||
Horizon Securities Company, Ltd. | 43,460 | 16,173 | |||
Hota Industrial Manufacturing Company, Ltd. | 13,309 | 38,172 | |||
Hotai Finance Company, Ltd. | 4,000 | 13,714 | |||
Hotai Motor Company, Ltd. | 4,000 | 80,151 | |||
Hsin Kuang Steel Company, Ltd. | 9,000 | 11,216 | |||
HTC Corp. (A) | 16,700 | 33,676 | |||
Hu Lane Associate, Inc. | 3,000 | 16,220 | |||
HUA ENG Wire & Cable Company, Ltd. | 36,000 | 17,731 | |||
Hua Nan Financial Holdings Company, Ltd. | 115,399 | 87,589 | |||
Huaku Development Company, Ltd. | 12,353 | 37,613 | |||
Hung Ching Development & Construction Company, Ltd. | 14,000 | 10,180 | |||
IBF Financial Holdings Company, Ltd. | 85,548 | 37,444 | |||
Ichia Technologies, Inc. | 19,000 | 9,592 | |||
Innodisk Corp. | 2,677 | 15,005 | |||
Innolux Corp. | 360,219 | 141,888 | |||
Inpaq Technology Company, Ltd. | 6,650 | 11,642 | |||
International CSRC Investment Holdings Company | 35,797 | 24,388 | |||
International Games System Company, Ltd. | 4,000 | 48,771 | |||
Inventec Corp. | 49,705 | 37,630 | |||
ITE Technology, Inc. | 6,000 | 13,718 | |||
ITEQ Corp. | 12,626 | 27,954 | |||
Jentech Precision Industrial Company, Ltd. | 2,000 | 25,958 | |||
Johnson Health Tech Company, Ltd. | 9,000 | 16,504 | |||
Jourdeness Group, Ltd. | 3,000 | 7,328 | |||
Kaimei Electronic Corp. | 2,865 | 5,432 | |||
Kedge Construction Company, Ltd. | 7,700 | 12,736 | |||
Keding Enterprises Company, Ltd. | 5,000 | 22,143 | |||
KEE TAI Properties Company, Ltd. | 24,973 | 11,839 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 76 |
Shares | Value | ||||
Taiwan (continued) | |||||
Kenda Rubber Industrial Company, Ltd. | 17,947 | $20,475 | |||
Kenmec Mechanical Engineering Company, Ltd. (A) | 18,000 | 19,612 | |||
Kerry TJ Logistics Company, Ltd. | 9,000 | 12,078 | |||
Keystone Microtech Corp. | 2,000 | 16,041 | |||
Kindom Development Company, Ltd. | 11,000 | 10,183 | |||
King Slide Works Company, Ltd. | 2,000 | 29,829 | |||
King Yuan Electronics Company, Ltd. | 47,762 | 58,181 | |||
King’s Town Bank Company, Ltd. | 37,000 | 42,680 | |||
Kinik Company | 6,000 | 30,944 | |||
Kinpo Electronics, Inc. | 52,724 | 23,210 | |||
Kinsus Interconnect Technology Corp. | 9,000 | 35,749 | |||
KMC Kuei Meng International, Inc. | 3,000 | 16,059 | |||
KS Terminals, Inc. | 7,000 | 19,058 | |||
Kung Long Batteries Industrial Company, Ltd. | 3,000 | 13,867 | |||
Kung Sing Engineering Corp. (A) | 37,000 | 8,492 | |||
Kwong Lung Enterprise Company, Ltd. | 7,000 | 11,345 | |||
L&K Engineering Company, Ltd. | 11,000 | 11,681 | |||
LandMark Optoelectronics Corp. | 2,000 | 11,551 | |||
Largan Precision Company, Ltd. | 1,000 | 63,610 | |||
Lealea Enterprise Company, Ltd. | 28,863 | 10,840 | |||
Lelon Electronics Corp. | 10,000 | 19,058 | |||
Lian HWA Food Corp. | 7,770 | 19,185 | |||
Lida Holdings, Ltd. | 4,640 | 4,574 | |||
Lien Hwa Industrial Holdings Corp. | 14,814 | 27,627 | |||
Lingsen Precision Industries, Ltd. | 26,000 | 13,507 | |||
Lite-On Technology Corp. | 44,250 | 95,227 | |||
Long Da Construction & Development Corp. | 21,000 | 15,006 | |||
Longchen Paper & Packaging Company, Ltd. | 46,265 | 25,000 | |||
Lotes Company, Ltd. | 1,199 | 28,426 | |||
Lotus Pharmaceutical Company, Ltd. (A) | 5,000 | 28,305 | |||
Lumax International Corp., Ltd. | 6,855 | 15,583 | |||
Lung Yen Life Service Corp. | 14,000 | 19,184 | |||
Machvision, Inc. | 2,079 | 10,421 | |||
Macroblock, Inc. | 3,000 | 11,527 | |||
Macronix International Company, Ltd. | 55,706 | 59,793 | |||
Makalot Industrial Company, Ltd. | 13,247 | 77,837 | |||
Marketech International Corp. | 4,000 | 16,151 | |||
Materials Analysis Technology, Inc. | 5,000 | 20,197 | |||
Mechema Chemicals International Corp. | 5,000 | 22,241 | |||
MediaTek, Inc. | 17,000 | 367,825 | |||
Medigen Biotechnology Corp. (A) | 9,000 | 13,800 | |||
Medigen Vaccine Biologics Corp. (A) | 4,448 | 21,420 | |||
Mega Financial Holding Company, Ltd. | 104,069 | 122,066 | |||
Meiloon Industrial Company | 27,000 | 18,520 |
77 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Mercuries & Associates Holding, Ltd. | 15,000 | $8,914 | |||
Mercuries Life Insurance Company, Ltd. (A) | 79,614 | 18,572 | |||
Merida Industry Company, Ltd. | 3,162 | 23,002 | |||
Merry Electronics Company, Ltd. | 6,128 | 16,925 | |||
Micro-Star International Company, Ltd. | 27,488 | 102,905 | |||
Mildef Crete, Inc. | 4,000 | 5,774 | |||
Mirle Automation Corp. | 15,000 | 19,733 | |||
Mitac Holdings Corp. | 38,448 | 35,349 | |||
momo.com, Inc. | 1,560 | 36,991 | |||
MOSA Industrial Corp. | 12,000 | 11,982 | |||
MPI Corp. | 6,000 | 18,997 | |||
Namchow Holdings Company, Ltd. | 12,000 | 18,058 | |||
Nan Ya Plastics Corp. | 91,860 | 206,336 | |||
Nan Ya Printed Circuit Board Corp. | 5,000 | 43,621 | |||
Nantex Industry Company, Ltd. | 26,039 | 36,384 | |||
Nanya Technology Corp. | 38,985 | 67,709 | |||
National Petroleum Company, Ltd. | 9,000 | 14,489 | |||
Nichidenbo Corp. | 6,000 | 10,183 | |||
Nien Made Enterprise Company, Ltd. | 5,000 | 46,174 | |||
Nova Technology Corp./Taiwan | 6,000 | 17,682 | |||
Novatek Microelectronics Corp. | 15,000 | 128,330 | |||
Nuvoton Technology Corp. | 5,000 | 20,296 | |||
O-Bank Company, Ltd. | 100,562 | 28,541 | |||
Ocean Plastics Company, Ltd. | 10,000 | 12,137 | |||
Oneness Biotech Company, Ltd. (A) | 3,000 | 29,043 | |||
Orient Semiconductor Electronics, Ltd. | 13,000 | 7,863 | |||
Oriental Union Chemical Corp. | 36,300 | 21,708 | |||
O-TA Precision Industry Company, Ltd. | 5,000 | 20,282 | |||
Pacific Hospital Supply Company, Ltd. | 5,498 | 12,402 | |||
Pan-International Industrial Corp. | 9,443 | 10,645 | |||
PChome Online, Inc. | 7,000 | 14,190 | |||
PCL Technologies, Inc. | 3,282 | 12,838 | |||
Pegatron Corp. | 44,321 | 92,180 | |||
Pegavision Corp. | 1,000 | 13,837 | |||
PharmaEssentia Corp. (A) | 1,000 | 19,063 | |||
Pharmally International Holding Company, Ltd. (A)(C) | 3,533 | 2,299 | |||
Phison Electronics Corp. | 6,000 | 60,992 | |||
Pixart Imaging, Inc. | 4,000 | 12,332 | |||
Polytronics Technology Corp. | 4,188 | 8,654 | |||
Pou Chen Corp. | 60,448 | 57,262 | |||
Power Wind Health Industry, Inc. (A) | 3,150 | 12,770 | |||
Powerchip Semiconductor Manufacturing Corp. | 105,000 | 117,741 | |||
Powertech Technology, Inc. | 33,000 | 92,084 | |||
Poya International Company, Ltd. | 1,941 | 27,149 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 78 |
Shares | Value | ||||
Taiwan (continued) | |||||
President Chain Store Corp. | 12,000 | $105,451 | |||
President Securities Corp. | 29,515 | 16,175 | |||
Primax Electronics, Ltd. | 18,000 | 39,382 | |||
Prince Housing & Development Corp. | 37,943 | 14,887 | |||
Prodisc Technology, Inc. (A)(C) | 540,000 | 0 | |||
Promate Electronic Company, Ltd. | 7,000 | 8,959 | |||
Prosperity Dielectrics Company, Ltd. | 7,000 | 9,473 | |||
Qisda Corp. | 45,440 | 43,512 | |||
Quanta Computer, Inc. | 35,000 | 90,734 | |||
Quanta Storage, Inc. | 14,000 | 20,265 | |||
Quintain Steel Company, Ltd. | 30,740 | 13,872 | |||
Radiant Opto-Electronics Corp. | 25,343 | 83,280 | |||
Radium Life Tech Company, Ltd. | 42,476 | 13,462 | |||
RDC Semiconductor Company, Ltd. (A) | 2,000 | 21,093 | |||
Realtek Semiconductor Corp. | 9,706 | 109,063 | |||
Rechi Precision Company, Ltd. | 22,000 | 13,907 | |||
Rexon Industrial Corp, Ltd. | 9,000 | 10,092 | |||
Rich Development Company, Ltd. | 36,000 | 10,826 | |||
Ritek Corp. (A) | 29,707 | 8,246 | |||
Roo Hsing Company, Ltd. (A)(C) | 48,000 | 4,640 | |||
Ruentex Development Company, Ltd. | 20,304 | 41,868 | |||
Ruentex Engineering & Construction Company | 3,000 | 8,882 | |||
Ruentex Industries, Ltd. | 14,664 | 31,234 | |||
Run Long Construction Company, Ltd. | 5,000 | 11,946 | |||
Sampo Corp. | 16,197 | 14,994 | |||
San Shing Fastech Corp. | 7,000 | 12,193 | |||
Sanyang Motor Company, Ltd. | 19,389 | 23,080 | |||
Savior Lifetec Corp. (A) | 36,000 | 22,996 | |||
SCI Pharmtech, Inc. (A) | 4,800 | 13,796 | |||
SDI Corp. | 4,000 | 15,419 | |||
Sensortek Technology Corp. | 1,000 | 9,953 | |||
Sercomm Corp. | 8,000 | 25,346 | |||
Shan-Loong Transportation Company, Ltd. | 8,000 | 9,104 | |||
ShenMao Technology, Inc. | 11,000 | 18,522 | |||
Shih Wei Navigation Company, Ltd. | 13,000 | 11,950 | |||
Shihlin Electric & Engineering Corp. | 13,213 | 27,486 | |||
Shihlin Paper Corp. (A) | 6,000 | 11,149 | |||
Shin Foong Specialty & Applied Materials Company, Ltd. | 4,000 | 9,140 | |||
Shin Hai Gas Corp. | 2,491 | 4,247 | |||
Shin Kong Financial Holding Company, Ltd. | 247,171 | 71,008 | |||
Shin Zu Shing Company, Ltd. | 9,301 | 26,786 | |||
Shining Building Business Company, Ltd. (A) | 29,397 | 8,915 | |||
Shinkong Insurance Company, Ltd. | 9,000 | 17,034 | |||
Shinkong Synthetic Fibers Corp. | 52,287 | 30,965 |
79 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Shinkong Textile Company, Ltd. | 22,000 | $29,248 | |||
Shiny Chemical Industrial Company, Ltd. | 4,921 | 21,564 | |||
Shuttle, Inc. (A) | 28,000 | 14,491 | |||
Sigurd Microelectronics Corp. | 18,842 | 31,415 | |||
Silicon Integrated Systems Corp. | 16,500 | 10,818 | |||
Simplo Technology Company, Ltd. | 6,520 | 61,522 | |||
Sinbon Electronics Company, Ltd. | 4,043 | 37,361 | |||
Sincere Navigation Corp. | 13,930 | 9,726 | |||
Sino-American Electronic Company, Ltd. (A)(C) | 10,961 | 0 | |||
Sino-American Silicon Products, Inc. | 19,000 | 103,585 | |||
Sinon Corp. | 15,000 | 22,250 | |||
SinoPac Financial Holdings Company, Ltd. | 157,983 | 89,563 | |||
Sinphar Pharmaceutical Company, Ltd. (A) | 22,000 | 24,560 | |||
Sinyi Realty, Inc. | 20,000 | 20,374 | |||
Sitronix Technology Corp. | 3,000 | 18,549 | |||
Siward Crystal Technology Company, Ltd. | 10,000 | 13,509 | |||
Solar Applied Materials Technology Corp. | 12,000 | 15,187 | |||
Sonix Technology Company, Ltd. | 7,000 | 13,569 | |||
Speed Tech Corp. | 8,000 | 15,249 | |||
Sporton International, Inc. | 2,933 | 22,079 | |||
St. Shine Optical Company, Ltd. | 2,000 | 17,555 | |||
Standard Foods Corp. | 15,221 | 20,482 | |||
Stark Technology, Inc. | 7,000 | 19,361 | |||
Sunny Friend Environmental Technology Company, Ltd. | 3,000 | 17,858 | |||
Sunonwealth Electric Machine Industry Company, Ltd. | 11,000 | 15,092 | |||
Sunplus Technology Company, Ltd. | 15,000 | 12,842 | |||
Sunrex Technology Corp. | 11,000 | 13,869 | |||
Supreme Electronics Company, Ltd. | 25,309 | 31,139 | |||
Swancor Holding Company, Ltd. | 7,000 | 23,290 | |||
Syncmold Enterprise Corp. | 5,000 | 11,132 | |||
Synnex Technology International Corp. | 24,188 | 44,089 | |||
Systex Corp. | 5,000 | 12,001 | |||
TA Chen Stainless Pipe | 70,254 | 90,568 | |||
Ta Ya Electric Wire & Cable | 25,440 | 18,150 | |||
TA-I Technology Company, Ltd. | 10,000 | 14,828 | |||
Taichung Commercial Bank Company, Ltd. | 136,243 | 60,832 | |||
TaiDoc Technology Corp. | 4,000 | 29,214 | |||
Taiflex Scientific Company, Ltd. | 10,000 | 13,392 | |||
Tainan Spinning Company, Ltd. | 62,397 | 38,449 | |||
Taishin Financial Holding Company, Ltd. | 189,137 | 93,874 | |||
TAI-TECH Advanced Electronics Company, Ltd. | 8,000 | 23,695 | |||
Taiwan Business Bank | 126,971 | 53,218 | |||
Taiwan Cement Corp. | 100,419 | 129,268 | |||
Taiwan Cogeneration Corp. | 12,137 | 14,795 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 80 |
Shares | Value | ||||
Taiwan (continued) | |||||
Taiwan Cooperative Financial Holding Company, Ltd. | 113,358 | $102,372 | |||
Taiwan FamilyMart Company, Ltd. | 2,000 | 12,836 | |||
Taiwan Fertilizer Company, Ltd. | 13,000 | 26,733 | |||
Taiwan Fire & Marine Insurance Company, Ltd. | 19,000 | 12,556 | |||
Taiwan FU Hsing Industrial Company, Ltd. | 7,000 | 9,699 | |||
Taiwan Glass Industry Corp. | 35,894 | 20,600 | |||
Taiwan High Speed Rail Corp. | 46,000 | 43,979 | |||
Taiwan Hon Chuan Enterprise Company, Ltd. | 15,329 | 37,585 | |||
Taiwan Hopax Chemicals Manufacturing Company, Ltd. | 9,000 | 12,821 | |||
Taiwan Kolin Company, Ltd. (A)(C) | 400,000 | 0 | |||
Taiwan Land Development Corp. (A)(C) | 58,353 | 3,853 | |||
Taiwan Mask Corp. | 7,000 | 17,146 | |||
Taiwan Mobile Company, Ltd. | 25,700 | 84,004 | |||
Taiwan Navigation Company, Ltd. | 16,000 | 14,159 | |||
Taiwan Paiho, Ltd. | 15,342 | 31,853 | |||
Taiwan PCB Techvest Company, Ltd. | 14,000 | 17,574 | |||
Taiwan Sakura Corp. | 10,000 | 21,118 | |||
Taiwan Secom Company, Ltd. | 8,430 | 28,312 | |||
Taiwan Semiconductor Company, Ltd. | 8,000 | 24,859 | |||
Taiwan Semiconductor Manufacturing Company, Ltd. | 379,000 | 6,204,152 | |||
Taiwan Shin Kong Security Company, Ltd. | 13,724 | 18,109 | |||
Taiwan Styrene Monomer | 16,821 | 8,068 | |||
Taiwan Surface Mounting Technology Corp. | 16,636 | 55,443 | |||
Taiwan TEA Corp. (A) | 18,723 | 12,207 | |||
Taiwan Union Technology Corp. | 10,000 | 18,772 | |||
Taiwan-Asia Semiconductor Corp. | 23,033 | 29,397 | |||
Tatung Company, Ltd. (A) | 26,526 | 29,918 | |||
TCI Company, Ltd. | 3,977 | 19,072 | |||
Teco Electric & Machinery Company, Ltd. | 42,109 | 40,732 | |||
Test Research, Inc. | 9,000 | 17,588 | |||
The Ambassador Hotel (A) | 17,000 | 18,602 | |||
The Shanghai Commercial & Savings Bank, Ltd. | 36,000 | 58,597 | |||
Thinking Electronic Industrial Company, Ltd. | 4,000 | 18,689 | |||
Thye Ming Industrial Company, Ltd. | 14,000 | 19,746 | |||
Ton Yi Industrial Corp. | 45,000 | 29,856 | |||
Tong Hsing Electronic Industries, Ltd. | 6,913 | 47,926 | |||
Tong Yang Industry Company, Ltd. | 26,043 | 46,424 | |||
Tong-Tai Machine & Tool Company, Ltd. | 24,000 | 11,395 | |||
Topco Scientific Company, Ltd. | 5,048 | 26,961 | |||
Topkey Corp. | 2,000 | 11,627 | |||
Topoint Technology Company, Ltd. | 16,000 | 15,297 | |||
TPK Holding Company, Ltd. | 23,000 | 27,258 | |||
Trade-Van Information Services Company | 6,000 | 13,868 | |||
Transcend Information, Inc. | 4,000 | 8,667 |
81 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Tripod Technology Corp. | 20,770 | $68,194 | |||
TSRC Corp. | 25,706 | 23,656 | |||
Ttet Union Corp. | 4,000 | 20,669 | |||
TTY Biopharm Company, Ltd. | 10,094 | 25,123 | |||
Tung Ho Steel Enterprise Corp. | 15,502 | 27,408 | |||
Tung Thih Electronic Company, Ltd. | 4,000 | 23,728 | |||
TXC Corp. | 10,659 | 30,169 | |||
TYC Brother Industrial Company, Ltd. | 16,531 | 16,536 | |||
Tycoons Group Enterprise (A) | 23,000 | 6,556 | |||
Tyntek Corp. | 12,000 | 7,319 | |||
U-Ming Marine Transport Corp. | 18,000 | 22,387 | |||
Unimicron Technology Corp. | 33,855 | 165,880 | |||
Union Bank of Taiwan | 69,152 | 37,285 | |||
Uni-President Enterprises Corp. | 70,803 | 153,010 | |||
Unitech Computer Company, Ltd. | 9,000 | 9,456 | |||
Unitech Printed Circuit Board Corp. (A) | 18,444 | 13,940 | |||
United Integrated Services Company, Ltd. | 8,200 | 42,464 | |||
United Microelectronics Corp. (A) | 244,468 | 325,257 | |||
United Renewable Energy Company, Ltd. (A) | 50,337 | 37,910 | |||
Universal Cement Corp. | 20,819 | 15,320 | |||
Universal Vision Biotechnology Company, Ltd. | 3,150 | 32,800 | |||
Unizyx Holding Corp. | 10,000 | 9,106 | |||
UPC Technology Corp. | 31,164 | 14,306 | |||
USI Corp. | 27,318 | 21,183 | |||
Vanguard International Semiconductor Corp. | 40,000 | 96,701 | |||
Ve Wong Corp. | 9,450 | 10,282 | |||
Ventec International Group Company, Ltd. | 4,000 | 9,672 | |||
VIA Labs, Inc. | 3,000 | 24,638 | |||
Visual Photonics Epitaxy Company, Ltd. | 4,275 | 10,580 | |||
Voltronic Power Technology Corp. | 1,360 | 76,743 | |||
Wafer Works Corp. | 23,007 | 39,039 | |||
Wah Lee Industrial Corp. | 8,160 | 24,332 | |||
Walsin Lihwa Corp. | 56,707 | 73,233 | |||
Walsin Technology Corp. | 18,805 | 56,828 | |||
Walton Advanced Engineering, Inc. | 37,000 | 16,259 | |||
Wan Hai Lines, Ltd. | 23,503 | 66,239 | |||
WAN HWA Enterprise Company | 2,975 | 1,185 | |||
Wei Chuan Foods Corp. | 24,000 | 15,995 | |||
Weikeng Industrial Company, Ltd. | 20,000 | 17,611 | |||
Win Semiconductors Corp. | 7,582 | 44,832 | |||
Winbond Electronics Corp. | 124,519 | 89,716 | |||
Wintek Corp. (A)(C) | 819,661 | 0 | |||
WinWay Technology Company, Ltd. | 2,000 | 26,138 | |||
Wisdom Marine Lines Company, Ltd. | 14,372 | 27,083 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 82 |
Shares | Value | ||||
Taiwan (continued) | |||||
Wistron Corp. | 106,382 | $96,445 | |||
Wistron NeWeb Corp. | 13,483 | 37,390 | |||
Wiwynn Corp. | 3,000 | 75,101 | |||
Wowprime Corp. (A) | 5,000 | 20,414 | |||
WPG Holdings, Ltd. | 35,779 | 60,171 | |||
WT Microelectronics Company, Ltd. | 17,497 | 36,899 | |||
XinTec, Inc. | 7,000 | 29,968 | |||
Xxentria Technology Materials Corp. | 6,124 | 13,087 | |||
Yageo Corp. | 7,939 | 84,909 | |||
Yang Ming Marine Transport Corp. | 52,613 | 134,783 | |||
YC INOX Company, Ltd. | 19,000 | 19,136 | |||
Yem Chio Company, Ltd. | 24,000 | 11,108 | |||
YFY, Inc. | 41,614 | 33,663 | |||
Yieh Phui Enterprise Company, Ltd. | 24,041 | 12,293 | |||
Youngtek Electronics Corp. | 5,058 | 10,782 | |||
Yuanta Financial Holding Company, Ltd. | 173,723 | 115,316 | |||
Yuen Foong Yu Consumer Products Company, Ltd. | 6,000 | 7,612 | |||
Yulon Finance Corp. | 7,694 | 40,682 | |||
Yulon Motor Company, Ltd. | 21,810 | 29,386 | |||
Yungshin Construction & Development Company, Ltd. | 9,000 | 18,621 | |||
Zeng Hsing Industrial Company, Ltd. | 3,000 | 13,137 | |||
Zenitron Corp. | 16,000 | 15,499 | |||
Zero One Technology Company, Ltd. | 14,000 | 19,343 | |||
Zhen Ding Technology Holding, Ltd. | 23,050 | 85,543 | |||
Zig Sheng Industrial Company, Ltd. | 37,000 | 13,078 | |||
Zinwell Corp. (A) | 19,000 | 11,071 | |||
Zippy Technology Corp. | 11,000 | 14,868 | |||
ZongTai Real Estate Development Company, Ltd. | 17,874 | 19,031 | |||
Thailand 2.4% | 3,832,720 | ||||
AAPICO Hitech PCL | 12,870 | 8,895 | |||
Absolute Clean Energy PCL | 104,700 | 7,744 | |||
Advanced Info Service PCL | 16,091 | 84,657 | |||
Advanced Information Technology PCL | 78,900 | 13,394 | |||
AEON Thana Sinsap Thailand PCL, NVDR | 2,900 | 13,155 | |||
Airports of Thailand PCL (A) | 28,000 | 55,797 | |||
Allianz Ayudhya Capital PCL | 12,100 | 14,586 | |||
Amata Corp. PCL | 40,900 | 23,419 | |||
AP Thailand PCL | 139,778 | 38,272 | |||
Asia Plus Group Holdings PCL | 106,500 | 8,980 | |||
Asset World Corp. PCL | 161,000 | 24,659 | |||
B Grimm Power PCL | 18,300 | 18,538 | |||
Bangchak Corp. PCL | 51,000 | 49,260 | |||
Bangkok Airways PCL (A) | 63,400 | 18,404 |
83 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Thailand (continued) | |||||
Bangkok Bank PCL | 16,005 | $60,005 | |||
Bangkok Chain Hospital PCL | 43,625 | 22,329 | |||
Bangkok Commercial Asset Management PCL | 37,900 | 19,102 | |||
Bangkok Dusit Medical Services PCL | 80,600 | 64,597 | |||
Bangkok Expressway & Metro PCL | 157,225 | 37,699 | |||
Bangkok Insurance PCL | 4,870 | 36,585 | |||
Bangkok Land PCL | 480,800 | 13,303 | |||
Bangkok Life Assurance PCL, NVDR | 15,160 | 14,744 | |||
Banpu PCL | 120,666 | 47,905 | |||
Banpu Power PCL | 31,100 | 13,469 | |||
BCPG PCL | 40,400 | 11,950 | |||
BEC World PCL | 54,300 | 20,816 | |||
Berli Jucker PCL | 26,500 | 24,353 | |||
Better World Green PCL (A) | 256,000 | 5,743 | |||
BTS Group Holdings PCL | 100,400 | 23,111 | |||
Bumrungrad Hospital PCL | 6,300 | 37,304 | |||
Business Online PCL | 27,600 | 9,164 | |||
Cal-Comp Electronics Thailand PCL | 295,398 | 19,875 | |||
Carabao Group PCL | 4,100 | 11,344 | |||
Central Pattana PCL | 23,800 | 45,135 | |||
Central Retail Corp. PCL | 29,700 | 32,921 | |||
CH Karnchang PCL | 59,423 | 34,200 | |||
Charoen Pokphand Foods PCL | 90,533 | 64,505 | |||
Chularat Hospital PCL | 197,600 | 19,829 | |||
CK Power PCL | 144,900 | 20,246 | |||
Com7 PCL | 24,800 | 23,378 | |||
CP ALL PCL | 30,600 | 51,578 | |||
Delta Electronics Thailand PCL | 1,600 | 22,927 | |||
Dhipaya Group Holdings PCL | 23,600 | 40,280 | |||
Dohome PCL | 25,320 | 10,543 | |||
Dynasty Ceramic PCL | 351,500 | 26,015 | |||
Earth Tech Environment PCL (A) | 94,000 | 8,490 | |||
Eastern Polymer Group PCL | 43,500 | 11,442 | |||
Eastern Water Resources Development & Management PCL | 35,400 | 6,261 | |||
Electricity Generating PCL | 6,200 | 31,087 | |||
Energy Absolute PCL | 13,000 | 28,883 | |||
Esso Thailand PCL (A) | 79,000 | 30,515 | |||
Forth Corp. PCL | 16,900 | 26,828 | |||
GFPT PCL | 38,500 | 17,715 | |||
Global Power Synergy PCL | 17,182 | 31,984 | |||
Group Lease PCL, NVDR (A)(C) | 54,000 | 963 | |||
Gulf Energy Development PCL | 30,800 | 43,220 | |||
Gunkul Engineering PCL | 209,600 | 28,578 | |||
Hana Microelectronics PCL | 18,600 | 21,718 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 84 |
Shares | Value | ||||
Thailand (continued) | |||||
Home Product Center PCL | 94,312 | $35,928 | |||
Ichitan Group PCL | 65,300 | 16,281 | |||
Indorama Ventures PCL | 35,500 | 42,043 | |||
Intouch Holdings PCL | 3,700 | 7,370 | |||
IRPC PCL | 400,700 | 37,510 | |||
Italian-Thai Development PCL (A) | 329,300 | 17,321 | |||
Jasmine International PCL (A) | 184,138 | 12,903 | |||
Jasmine Technology Solution PCL (A) | 700 | 1,533 | |||
JMT Network Services PCL | 12,139 | 25,930 | |||
Kang Yong Electric PCL | 130 | 1,162 | |||
KCE Electronics PCL | 30,700 | 45,501 | |||
KGI Securities Thailand PCL | 132,500 | 18,080 | |||
Khon Kaen Sugar Industry PCL | 145,500 | 14,346 | |||
Kiatnakin Phatra Bank PCL | 10,300 | 20,444 | |||
Krung Thai Bank PCL | 37,450 | 17,316 | |||
Krungthai Card PCL | 20,700 | 34,131 | |||
Lalin Property PCL | 77,500 | 19,102 | |||
Land & Houses PCL | 95,300 | 23,249 | |||
Lanna Resources PCL | 39,100 | 25,621 | |||
LH Financial Group PCL | 157,800 | 5,144 | |||
LPN Development PCL | 58,200 | 7,209 | |||
MBK PCL (A) | 30,189 | 13,471 | |||
MCS Steel PCL | 53,400 | 15,065 | |||
Mega Lifesciences PCL | 11,600 | 15,641 | |||
Minor International PCL (A) | 24,400 | 21,850 | |||
MK Restaurants Group PCL | 12,000 | 19,390 | |||
Muangthai Capital PCL | 13,900 | 16,171 | |||
Northeast Rubber PCL | 79,900 | 12,811 | |||
Origin Property PCL | 40,350 | 11,375 | |||
Osotspa PCL | 35,900 | 30,738 | |||
PCS Machine Group Holding PCL | 53,400 | 7,171 | |||
Plan B Media PCL (A) | 125,064 | 22,597 | |||
Polyplex Thailand PCL | 14,100 | 8,848 | |||
Precious Shipping PCL | 24,200 | 9,405 | |||
Prima Marine PCL | 49,900 | 8,479 | |||
Pruksa Holding PCL | 26,800 | 9,460 | |||
PTG Energy PCL | 31,400 | 13,146 | |||
PTT Exploration & Production PCL | 37,628 | 174,031 | |||
PTT Global Chemical PCL | 59,392 | 77,223 | |||
PTT PCL | 248,000 | 254,801 | |||
Quality Houses PCL | 489,271 | 28,967 | |||
Rajthanee Hospital PCL | 9,500 | 9,380 | |||
Ratch Group PCL | 21,600 | 26,056 | |||
Ratchthani Leasing PCL | 163,218 | 21,275 |
85 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Thailand (continued) | |||||
Regional Container Lines PCL | 18,700 | $16,634 | |||
Rojana Industrial Park PCL | 52,700 | 8,587 | |||
RS PCL | 16,600 | 6,999 | |||
Sabina PCL | 12,700 | 9,222 | |||
Saha-Union PCL | 40,600 | 32,245 | |||
Samart Corp. PCL (A) | 27,900 | 4,815 | |||
Sansiri PCL | 773,509 | 23,306 | |||
SCB X PCL | 11,231 | 33,950 | |||
SCG Packaging PCL | 11,300 | 17,553 | |||
Sermsang Power Corp. Company, Ltd. | 25,410 | 6,682 | |||
Siam City Cement PCL | 2,541 | 11,038 | |||
Siam Global House PCL | 36,256 | 19,486 | |||
Siamgas & Petrochemicals PCL | 54,100 | 16,596 | |||
Sikarin PCL | 25,200 | 8,977 | |||
Singha Estate PCL (A) | 157,900 | 8,318 | |||
Sino-Thai Engineering & Construction PCL | 50,900 | 17,141 | |||
Somboon Advance Technology PCL | 19,007 | 10,150 | |||
SPCG PCL | 38,800 | 16,800 | |||
Sri Trang Agro-Industry PCL | 44,300 | 27,419 | |||
Sri Trang Gloves Thailand PCL | 39,100 | 15,221 | |||
Srisawad Corp. PCL | 22,700 | 30,273 | |||
Srivichai Vejvivat PCL | 60,400 | 15,881 | |||
Star Petroleum Refining PCL | 71,900 | 25,405 | |||
STARK Corp. PCL (A) | 185,900 | 21,292 | |||
Supalai PCL | 80,550 | 43,052 | |||
Super Energy Corp. PCL | 697,500 | 14,531 | |||
Tata Steel Thailand PCL | 488,800 | 13,656 | |||
Thai Oil PCL | 34,300 | 57,068 | |||
Thai Stanley Electric PCL | 4,000 | 18,805 | |||
Thai Union Group PCL | 110,500 | 52,986 | |||
Thai Vegetable Oil PCL | 25,850 | 21,633 | |||
Thaicom PCL | 15,900 | 4,525 | |||
Thaifoods Group PCL | 112,700 | 19,314 | |||
The Siam Cement PCL | 8,550 | 83,875 | |||
Thonburi Healthcare Group PCL | 9,200 | 17,208 | |||
Thoresen Thai Agencies PCL | 116,000 | 26,362 | |||
Tipco Asphalt PCL, NVDR | 31,100 | 14,235 | |||
Tisco Financial Group PCL | 8,100 | 20,808 | |||
TMBThanachart Bank PCL | 368,010 | 12,791 | |||
TOA Paint Thailand PCL | 10,900 | 9,188 | |||
Total Access Communication PCL, NVDR | 22,200 | 26,183 | |||
TPI Polene PCL | 404,300 | 18,836 | |||
TPI Polene Power PCL | 106,000 | 10,864 | |||
TQM Alpha PCL | 14,600 | 17,116 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 86 |
Shares | Value | ||||
Thailand (continued) | |||||
True Corp. PCL | 129,788 | $16,222 | |||
TTW PCL | 49,900 | 14,371 | |||
U City PCL (A) | 237,300 | 8,766 | |||
Unique Engineering & Construction PCL (A) | 61,580 | 8,201 | |||
United Power of Asia PCL (A) | 14,200 | 109 | |||
Univanich Palm Oil PCL | 42,900 | 8,697 | |||
Vanachai Group PCL | 92,900 | 16,538 | |||
Vibhavadi Medical Center PCL | 299,500 | 22,000 | |||
WHA Corp. PCL | 174,900 | 16,766 | |||
Workpoint Entertainment PCL | 11,640 | 6,150 | |||
Turkey 0.6% | 978,218 | ||||
Akbank TAS | 67,088 | 43,089 | |||
Aksa Akrilik Kimya Sanayii AS | 9,180 | 27,773 | |||
Aksa Enerji Uretim AS | 13,694 | 21,361 | |||
Anadolu Anonim Turk Sigorta Sirketi (A) | 15,271 | 6,796 | |||
Arcelik AS | 4,380 | 16,876 | |||
Aselsan Elektronik Sanayi Ve Ticaret AS | 9,214 | 13,181 | |||
Bera Holding AS | 6,956 | 6,791 | |||
BIM Birlesik Magazalar AS | 8,299 | 49,789 | |||
Borusan Yatirim ve Pazarlama AS | 11 | 259 | |||
Brisa Bridgestone Sabanci Sanayi ve Ticaret AS | 1,525 | 3,094 | |||
Coca-Cola Icecek AS | 2,666 | 23,387 | |||
Dogan Sirketler Grubu Holding AS | 80,206 | 23,263 | |||
Eczacibasi Yatirim Holding Ortakligi AS | 1 | 2 | |||
EGE Endustri VE Ticaret AS | 178 | 22,576 | |||
Enka Insaat ve Sanayi AS | 28,514 | 29,010 | |||
Eregli Demir ve Celik Fabrikalari TAS | 31,709 | 50,105 | |||
Ford Otomotiv Sanayi AS | 1,299 | 23,603 | |||
Goldas Kuyumculuk Sanayi Ithalat Ve Bagli Ortakliklari (A)(C) | 54,847 | 285 | |||
Hektas Ticaret TAS (A) | 10,817 | 24,364 | |||
Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (A) | 8,657 | 8,509 | |||
Is Yatirim Menkul Degerler AS | 9,331 | 14,567 | |||
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D (A) | 37,562 | 24,333 | |||
KOC Holding AS | 12,619 | 31,483 | |||
Koza Altin Isletmeleri AS | 997 | 8,684 | |||
Koza Anadolu Metal Madencilik Isletmeleri AS (A) | 8,796 | 13,081 | |||
Logo Yazilim Sanayi Ve Ticaret AS | 8,054 | 21,024 | |||
Migros Ticaret AS (A) | 5,109 | 22,925 | |||
Nuh Cimento Sanayi AS | 3,603 | 15,054 | |||
Otokar Otomotiv Ve Savunma Sanayi A.S. | 263 | 6,895 | |||
Oyak Cimento Fabrikalari AS (A) | 30,233 | 24,471 | |||
Pegasus Hava Tasimaciligi AS (A) | 1,333 | 15,273 | |||
Petkim Petrokimya Holding AS (A) | 35,494 | 28,189 |
87 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Turkey (continued) | |||||
Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 11,922 | $10,303 | |||
Sasa Polyester Sanayi AS (A) | 10,213 | 29,903 | |||
TAV Havalimanlari Holding AS (A) | 6,086 | 20,772 | |||
Tofas Turk Otomobil Fabrikasi AS | 4,325 | 20,867 | |||
Turk Hava Yollari AO (A) | 12,832 | 51,465 | |||
Turk Telekomunikasyon AS | 16,647 | 9,539 | |||
Turk Traktor ve Ziraat Makineleri AS | 447 | 6,001 | |||
Turkcell Iletisim Hizmetleri AS | 33,861 | 40,014 | |||
Turkiye Petrol Rafinerileri AS (A) | 3,018 | 59,502 | |||
Turkiye Sinai Kalkinma Bankasi AS (A) | 100,006 | 26,997 | |||
Turkiye Sise ve Cam Fabrikalari AS | 15,535 | 21,030 | |||
Turkiye Vakiflar Bankasi TAO, Class D (A) | 34,357 | 13,777 | |||
Ulker Biskuvi Sanayi AS (A) | 4,197 | 4,150 | |||
Vestel Elektronik Sanayi ve Ticaret AS | 3,881 | 6,350 | |||
Yapi ve Kredi Bankasi AS | 46,073 | 17,803 | |||
Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 10,687 | 9,463 | |||
Zorlu Enerji Elektrik Uretim AS (A) | 63,428 | 10,190 | |||
Ukraine 0.0% | 11,972 | ||||
Kernel Holding SA | 2,666 | 11,972 | |||
United Arab Emirates 1.2% | 1,865,196 | ||||
Abu Dhabi Commercial Bank PJSC | 39,672 | 97,867 | |||
Abu Dhabi Islamic Bank PJSC | 40,978 | 98,574 | |||
Abu Dhabi National Insurance Company PSC | 12,053 | 19,817 | |||
Abu Dhabi National Oil Company for Distribution PJSC | 59,522 | 71,920 | |||
Agthia Group PJSC | 16,010 | 21,783 | |||
Air Arabia PJSC | 91,308 | 55,064 | |||
Ajman Bank PJSC (A) | 106,389 | 21,289 | |||
Aldar Properties PJSC | 62,531 | 81,892 | |||
Amanat Holdings PJSC | 67,383 | 18,311 | |||
Amlak Finance PJSC (A) | 104,226 | 18,745 | |||
Apex Investment Company PSC (A) | 17,672 | 24,461 | |||
Aramex PJSC | 37,355 | 39,617 | |||
Arkan Building Materials Company (A) | 55,892 | 18,071 | |||
Dana Gas PJSC | 197,855 | 52,387 | |||
Deyaar Development PJSC (A) | 206,049 | 30,493 | |||
Dubai Financial Market PJSC | 68,901 | 33,428 | |||
Dubai Investments PJSC | 82,070 | 54,645 | |||
Dubai Islamic Bank PJSC | 88,689 | 141,056 | |||
Emaar Development PJSC (A) | 64,598 | 84,311 | |||
Emaar Properties PJSC | 78,753 | 133,838 | |||
Emirates Integrated Telecommunications Company PJSC | 30,997 | 51,250 | |||
Emirates NBD Bank PJSC | 18,063 | 65,527 | |||
Emirates Telecommunications Group Company PJSC | 47,149 | 330,411 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 88 |
Shares | Value | ||||
United Arab Emirates (continued) | |||||
Eshraq Investments PJSC (A) | 147,158 | $24,051 | |||
First Abu Dhabi Bank PJSC | 37,305 | 193,742 | |||
Gulf Pharmaceutical Industries PSC (A) | 43,334 | 15,445 | |||
RAK Properties PJSC (A) | 63,646 | 13,658 | |||
Ras Al Khaimah Ceramics | 21,048 | 16,885 | |||
SHUAA Capital PSC (A) | 124,409 | 16,239 | |||
Union Properties PJSC (A) | 283,533 | 20,419 | |||
United States 0.1% | 96,116 | ||||
Nexteer Automotive Group, Ltd. | 54,000 | 40,129 | |||
Parade Technologies, Ltd. | 2,000 | 55,987 | |||
Preferred securities 1.3% | $2,080,427 | ||||
(Cost $1,458,112) | |||||
Brazil 1.2% | 1,807,737 | ||||
Alpargatas SA | 4,423 | 17,548 | |||
Banco ABC Brasil SA | 5,383 | 20,063 | |||
Banco Bradesco SA | 45,495 | 165,805 | |||
Banco do Estado do Rio Grande do Sul SA, B Shares | 6,855 | 14,758 | |||
Banco Pan SA | 5,944 | 8,386 | |||
Braskem SA, A Shares | 3,500 | 20,486 | |||
Centrais Eletricas Brasileiras SA, B Shares | 3,254 | 29,961 | |||
Centrais Eletricas Santa Catarina | 900 | 10,527 | |||
Cia de Saneamento do Parana | 48,343 | 32,895 | |||
Cia de Transmissao de Energia Eletrica Paulista | 8,072 | 37,005 | |||
Cia Energetica de Minas Gerais | 21,655 | 50,367 | |||
Cia Ferro Ligas da Bahia | 1,876 | 19,025 | |||
Cia Paranaense de Energia, B Shares | 26,300 | 35,236 | |||
Gerdau SA | 18,000 | 80,686 | |||
Itau Unibanco Holding SA | 44,280 | 219,681 | |||
Marcopolo SA | 33,745 | 16,994 | |||
Petroleo Brasileiro SA | 142,938 | 913,007 | |||
Randon SA Implementos e Participacoes | 12,025 | 21,959 | |||
Taurus Armas SA | 3,300 | 11,025 | |||
Unipar Carbocloro SA, B Shares | 2,421 | 47,700 | |||
Usinas Siderurgicas de Minas Gerais SA, A Shares | 22,459 | 34,623 | |||
Chile 0.1% | 186,614 | ||||
Coca-Cola Embonor SA, B Shares | 18,333 | 22,808 | |||
Embotelladora Andina SA, B Shares | 17,785 | 36,439 | |||
Sociedad Quimica y Minera de Chile SA, B Shares | 1,274 | 127,367 | |||
Colombia 0.0% | 54,454 | ||||
Bancolombia SA | 4,585 | 31,657 | |||
Grupo Argos SA | 4,425 | 6,624 | |||
Grupo Aval Acciones y Valores SA | 66,084 | 9,922 |
89 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Colombia (continued) | |||||
Grupo de Inversiones Suramericana SA | 1,784 | $6,251 | |||
Philippines 0.0% | 8,579 | ||||
Cebu Air, Inc., 6.000% | 11,227 | 8,579 | |||
Taiwan 0.0% | 3,724 | ||||
China Development Financial Holding Corp. | 13,378 | 3,724 | |||
Thailand 0.0% | 19,319 | ||||
U City PCL (A) | 711,900 | 19,319 | |||
Warrants 0.0% | $1,243 | ||||
(Cost $0) | |||||
TMBThanachart Bank PCL (Expiration Date: 5-10-25; Strike Price: THB 0.95) (A) | 3,680 | 52 | |||
Vibhavadi Medical Center PCL (Expiration Date: 7-18-25; Strike Price: THB 3.00) (A) | 24,958 | 226 | |||
Yinson Holdings BHD (Expiration Date: 6-21-25; Strike Price MYR 2.29) (A) | 7,577 | 965 | |||
Rights 0.0% | $25 | ||||
(Cost $0) | |||||
Aes Brasil Energia SA (Expiration Date: 9-13-22; Strike Price: BRL 9.61) (A) | 1,600 | 25 | |||
Yield (%) | Shares | Value | |||
Short-term investments 0.1% | $212,055 | ||||
(Cost $212,045) | |||||
Short-term funds 0.1% | 212,055 | ||||
John Hancock Collateral Trust (F) | 2.3160(G) | 21,219 | 212,055 |
Total investments (Cost $152,031,123) 99.7% | $158,442,396 | ||||
Other assets and liabilities, net 0.3% | 477,399 | ||||
Total net assets 100.0% | $158,919,795 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
Currency Abbreviations | |
BRL | Brazilian Real |
MYR | Malaysian Ringgit |
THB | Thai Bhat |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
BDR | Brazilian Depositary Receipt |
GDR | Global Depositary Receipt |
NVDR | Non-Voting Depositary Receipt |
(A) | Non-income producing security. |
(B) | These securities are 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. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 90 |
(D) | All or a portion of this security is on loan as of 8-31-22. |
(E) | Restricted security as to resale, excluding 144A securities. For more information on this security refer to the Notes to financial statements. |
(F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(G) | The rate shown is the annualized seven-day yield as of 8-31-22. |
91 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
S&P 500 E-Mini Index Futures | 2 | Long | Sep 2022 | $396,528 | $395,650 | $(878) |
$(878) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 92 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of John Hancock Funds II and Shareholders of John Hancock International Small Company Fund
Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the fund's investments (summary of fund's investments), of John Hancock International Small Company Fund (one of the funds constituting John Hancock Funds II, referred to hereafter as the "Fund") as of August 31, 2022, the related statement of operations for the year ended August 31, 2022, the statements of changes in net assets for each of the two years in the period ended August 31, 2022, including the related notes, and the financial highlights for each of the periods indicated therein (included in Item 1 of this Form N-CSR) and the fund's investments (included in Item 6 of this Form N-CSR) as of August 31, 2022 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of August 31, 2022, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended August 31, 2022 and the financial highlights for each of the periods indicated therein in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of August 31, 2022 by correspondence with the custodian, transfer agent and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
Boston, Massachusetts
October 11, 2022
We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988.
PricewaterhouseCoopers LLP, 101 Seaport Boulevard, Suite 500, Boston, MA 02210
T: (617) 530 5000, F: (617) 530 5001, www.pwc.com/us
Shares | Value | ||||
Common stocks 98.5% | $601,352,308 | ||||
(Cost $606,376,658) | |||||
Australia 6.6% | 40,221,618 | ||||
A2B Australia, Ltd. (A) | 32,294 | 26,141 | |||
Accent Group, Ltd. | 117,141 | 119,115 | |||
Adairs, Ltd. (B) | 55,972 | 86,249 | |||
Adbri, Ltd. | 93,582 | 140,116 | |||
Ainsworth Game Technology, Ltd. (A) | 47,462 | 28,453 | |||
Alcidion Group, Ltd. (A) | 86,733 | 8,496 | |||
Alkane Resources, Ltd. (A) | 124,706 | 61,873 | |||
Alliance Aviation Services, Ltd. (A) | 39,423 | 95,829 | |||
AMA Group, Ltd. (A)(B) | 296,751 | 32,393 | |||
AMP, Ltd. (A) | 568,914 | 448,404 | |||
Andromeda Metals, Ltd. (A) | 47,108 | 1,811 | |||
Ansell, Ltd. | 24,579 | 444,389 | |||
Appen, Ltd. | 19,604 | 49,139 | |||
Arafura Resources, Ltd. (A)(B) | 453,528 | 96,860 | |||
ARB Corp., Ltd. | 22,437 | 459,132 | |||
Archer Materials, Ltd. (A)(B) | 14,055 | 7,456 | |||
Ardea Resources, Ltd. (A) | 13,492 | 8,850 | |||
Ardent Leisure Group, Ltd. | 150,506 | 62,983 | |||
Argosy Minerals, Ltd. (A) | 134,969 | 37,233 | |||
AUB Group, Ltd. | 26,397 | 394,829 | |||
Audinate Group, Ltd. (A) | 10,517 | 62,272 | |||
Aurelia Metals, Ltd. (A) | 409,013 | 74,417 | |||
Aussie Broadband, Ltd. (A) | 54,478 | 102,522 | |||
Austal, Ltd. | 124,942 | 218,535 | |||
Austin Engineering, Ltd. | 64,891 | 15,755 | |||
Australian Agricultural Company, Ltd. (A) | 127,055 | 156,578 | |||
Australian Ethical Investment, Ltd. | 7,350 | 32,219 | |||
Australian Finance Group, Ltd. | 55,559 | 72,284 | |||
Australian Strategic Materials, Ltd. (A)(B) | 28,517 | 65,853 | |||
Australian Vintage, Ltd. | 76,170 | 34,781 | |||
Auswide Bank, Ltd. | 5,223 | 22,966 | |||
AVJennings, Ltd. | 46,118 | 14,024 | |||
AVZ Minerals, Ltd. (A)(C) | 322,880 | 172,326 | |||
Baby Bunting Group, Ltd. | 41,046 | 121,887 | |||
Bannerman Energy, Ltd. (A) | 11,581 | 18,093 | |||
Bapcor, Ltd. | 93,292 | 422,831 | |||
Base Resources, Ltd. | 100,127 | 22,553 | |||
Beach Energy, Ltd. | 467,755 | 540,646 | |||
Beacon Lighting Group, Ltd. | 18,185 | 30,049 | |||
Bega Cheese, Ltd. | 79,255 | 215,174 |
1 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Australia (continued) | |||||
Bell Financial Group, Ltd. | 26,345 | $18,449 | |||
Bellevue Gold, Ltd. (A) | 266,010 | 149,330 | |||
Betmakers Technology Group, Ltd. (A) | 22,863 | 6,351 | |||
Bigtincan Holdings, Ltd. (A) | 92,450 | 43,235 | |||
Blackmores, Ltd. | 4,595 | 214,755 | |||
Boral, Ltd. | 87,279 | 174,532 | |||
Boss Energy, Ltd. (A) | 27,383 | 49,693 | |||
Bravura Solutions, Ltd. | 83,107 | 89,183 | |||
Breville Group, Ltd. (B) | 27,013 | 406,706 | |||
Brickworks, Ltd. | 19,501 | 269,950 | |||
BWX, Ltd. | 61,281 | 25,825 | |||
Calidus Resources, Ltd. (A) | 48,056 | 19,989 | |||
Calima Energy, Ltd. (A) | 114,568 | 10,551 | |||
Calix, Ltd. (A) | 13,436 | 60,192 | |||
Capitol Health, Ltd. | 292,400 | 66,103 | |||
Capral, Ltd. | 7,205 | 38,788 | |||
Capricorn Metals, Ltd. (A) | 92,082 | 226,231 | |||
Carnarvon Energy, Ltd. (A) | 422,815 | 44,504 | |||
Cash Converters International, Ltd. | 122,755 | 20,513 | |||
Catapult Group International, Ltd. (A) | 16,337 | 11,318 | |||
Cedar Woods Properties, Ltd. | 19,145 | 59,259 | |||
Chalice Mining, Ltd. (A) | 97,290 | 297,806 | |||
Challenger Exploration, Ltd. (A)(B) | 49,405 | 6,737 | |||
Challenger, Ltd. | 54,890 | 236,642 | |||
Champion Iron, Ltd. | 92,037 | 317,552 | |||
City Chic Collective, Ltd. (A) | 61,368 | 68,080 | |||
Civmec, Ltd. | 40,300 | 18,605 | |||
Clean Seas Seafood, Ltd. (A) | 23,080 | 9,581 | |||
ClearView Wealth, Ltd. | 34,533 | 16,407 | |||
Clinuvel Pharmaceuticals, Ltd. (B) | 13,676 | 186,719 | |||
Clover Corp., Ltd. | 51,463 | 37,418 | |||
Cobalt Blue Holdings, Ltd. (A) | 8,655 | 4,682 | |||
Codan, Ltd. (B) | 30,933 | 151,996 | |||
COG Financial Services, Ltd. | 18,716 | 23,205 | |||
Cogstate, Ltd. (A) | 16,116 | 17,638 | |||
Collection House, Ltd. (A)(C) | 61,068 | 2,841 | |||
Collins Foods, Ltd. | 35,727 | 238,119 | |||
Cooper Energy, Ltd. (A) | 756,946 | 139,139 | |||
Corporate Travel Management, Ltd. (A) | 35,427 | 461,493 | |||
Costa Group Holdings, Ltd. | 135,153 | 246,644 | |||
Credit Corp. Group, Ltd. | 17,664 | 243,355 | |||
CSR, Ltd. | 135,895 | 416,940 | |||
Danakali, Ltd. (A) | 17,023 | 2,705 | |||
Data#3, Ltd. | 50,636 | 211,244 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 2 |
Shares | Value | ||||
Australia (continued) | |||||
De Grey Mining, Ltd. (A) | 351,650 | $231,221 | |||
Deep Yellow, Ltd. (A) | 54,202 | 42,021 | |||
Deterra Royalties, Ltd. | 138,904 | 392,385 | |||
Dicker Data, Ltd. (B) | 16,373 | 125,528 | |||
Dicker Data, Ltd., Additional Offering (A) | 459 | 3,519 | |||
Domain Holdings Australia, Ltd. | 94,999 | 228,405 | |||
Dongfang Modern Agriculture Holding Group, Ltd. (A)(C) | 26,600 | 15,107 | |||
Downer EDI, Ltd. | 73,655 | 251,894 | |||
Eagers Automotive, Ltd. | 41,786 | 376,161 | |||
Earlypay, Ltd. | 41,013 | 13,462 | |||
Eclipx Group, Ltd. (A) | 101,873 | 164,941 | |||
Ecofibre, Ltd. (A) | 15,680 | 3,207 | |||
Ecograf, Ltd. (A)(B) | 64,276 | 16,331 | |||
Elanor Investor Group | 27,964 | 36,327 | |||
Elders, Ltd. | 53,058 | 417,965 | |||
Elixir Energy, Ltd. (A)(B) | 103,567 | 11,529 | |||
Elmo Software, Ltd. (A) | 3,302 | 6,727 | |||
Emeco Holdings, Ltd. | 116,009 | 72,053 | |||
Emerald Resources NL (A) | 49,314 | 39,266 | |||
EML Payments, Ltd. (A)(B) | 79,307 | 50,076 | |||
Energy World Corp., Ltd. (A) | 328,859 | 11,895 | |||
Enero Group, Ltd. | 10,415 | 22,786 | |||
EQT Holdings, Ltd. (B) | 6,987 | 121,651 | |||
EQT Holdings, Ltd., Additional Offering (A) | 1,722 | 29,982 | |||
Estia Health, Ltd. | 67,959 | 94,217 | |||
Eureka Group Holdings, Ltd. | 14,912 | 6,207 | |||
European Lithium, Ltd. (A) | 238,993 | 13,806 | |||
Euroz Hartleys Group, Ltd. | 52,302 | 57,100 | |||
EVENT Hospitality and Entertainment, Ltd. (A) | 33,412 | 335,601 | |||
Fiducian Group, Ltd. | 1,107 | 5,882 | |||
Finbar Group, Ltd. | 71,892 | 32,915 | |||
Firefinch, Ltd. (A)(C) | 160,759 | 22,000 | |||
Fleetwood, Ltd. | 32,879 | 34,836 | |||
Flight Centre Travel Group, Ltd. (A) | 31,045 | 374,533 | |||
Frontier Digital Ventures, Ltd. (A) | 54,064 | 31,233 | |||
G8 Education, Ltd. | 337,681 | 233,149 | |||
Galan Lithium, Ltd. (A) | 57,994 | 50,285 | |||
Generation Development Group, Ltd. | 17,607 | 16,741 | |||
Genetic Signatures, Ltd. (A) | 5,286 | 3,494 | |||
Genworth Mortgage Insurance Australia, Ltd. | 120,934 | 232,676 | |||
Gold Road Resources, Ltd. | 250,919 | 215,018 | |||
GR Engineering Services, Ltd. | 6,821 | 11,084 | |||
GrainCorp, Ltd., Class A | 78,998 | 446,811 | |||
Grange Resources, Ltd. | 312,240 | 184,612 |
3 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Australia (continued) | |||||
Greenland Minerals, Ltd. (A)(B) | 176,827 | $7,668 | |||
GUD Holdings, Ltd. | 54,955 | 308,886 | |||
GWA Group, Ltd. | 68,070 | 93,014 | |||
Hansen Technologies, Ltd. | 51,020 | 170,307 | |||
Healius, Ltd. | 139,302 | 352,065 | |||
Helloworld Travel, Ltd. (A)(B) | 23,085 | 32,111 | |||
Highfield Resources, Ltd. (A) | 43,867 | 27,870 | |||
Horizon Oil, Ltd. (A) | 11,332 | 1,174 | |||
HT&E, Ltd. (B) | 83,708 | 83,832 | |||
HUB24, Ltd. | 21,626 | 348,409 | |||
Humm Group, Ltd. | 125,856 | 45,852 | |||
Iluka Resources, Ltd. | 66,180 | 465,279 | |||
Imdex, Ltd. | 127,461 | 173,025 | |||
Immutep, Ltd., ADR (A) | 11,923 | 24,084 | |||
Imugene, Ltd. (A) | 468,841 | 81,684 | |||
Infomedia, Ltd. | 133,827 | 131,062 | |||
Inghams Group, Ltd. | 113,255 | 200,126 | |||
Insignia Financial, Ltd. | 182,331 | 428,938 | |||
Integral Diagnostics, Ltd. | 60,871 | 122,804 | |||
InvoCare, Ltd. | 37,308 | 280,058 | |||
Ioneer, Ltd. (A) | 466,451 | 207,841 | |||
IPH, Ltd. | 59,336 | 384,608 | |||
IRESS, Ltd. | 56,961 | 435,597 | |||
IVE Group, Ltd. | 30,620 | 47,520 | |||
Janison Education Group, Ltd. (A) | 20,431 | 4,979 | |||
Johns Lyng Group, Ltd. | 53,805 | 258,979 | |||
Jumbo Interactive, Ltd. | 11,374 | 109,074 | |||
Jupiter Mines, Ltd. | 455,380 | 62,301 | |||
Karoon Energy, Ltd. (A) | 182,511 | 264,279 | |||
Kelsian Group, Ltd. | 19,690 | 72,470 | |||
Kogan.com, Ltd. (A)(B) | 15,803 | 36,789 | |||
Lark Distilling Company, Ltd. (A) | 3,102 | 5,970 | |||
Liberty Financial Group, Ltd. | 3,600 | 10,528 | |||
Lifestyle Communities, Ltd. | 25,616 | 300,244 | |||
Link Administration Holdings, Ltd. | 165,552 | 485,226 | |||
Lovisa Holdings, Ltd. | 15,833 | 246,997 | |||
Lucapa Diamond Company, Ltd. (A) | 220,306 | 7,801 | |||
Lycopodium, Ltd. | 4,375 | 19,586 | |||
MA Financial Group, Ltd. | 16,640 | 62,063 | |||
MACA, Ltd. | 108,350 | 78,528 | |||
Macmahon Holdings, Ltd. | 496,385 | 57,289 | |||
Macquarie Telecom Group, Ltd. (A) | 1,469 | 64,185 | |||
Mader Group, Ltd. | 4,772 | 9,423 | |||
MaxiPARTS, Ltd. | 6,464 | 10,429 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 4 |
Shares | Value | ||||
Australia (continued) | |||||
Mayne Pharma Group, Ltd. (A) | 476,093 | $96,822 | |||
McMillan Shakespeare, Ltd. | 23,521 | 229,173 | |||
McPherson’s, Ltd. (B) | 23,787 | 12,650 | |||
Megaport, Ltd. (A) | 15,264 | 74,215 | |||
Mesoblast, Ltd. (A) | 77,690 | 45,184 | |||
Metals X, Ltd. (A) | 195,027 | 38,617 | |||
Metcash, Ltd. | 178,038 | 498,221 | |||
Michael Hill International, Ltd. | 43,259 | 33,593 | |||
Mincor Resources NL (A) | 97,857 | 145,418 | |||
MMA Offshore, Ltd. (A) | 92,633 | 43,212 | |||
Monadelphous Group, Ltd. | 35,849 | 319,960 | |||
Monash IVF Group, Ltd. | 129,690 | 92,309 | |||
Money3 Corp., Ltd. | 59,467 | 92,828 | |||
Mount Gibson Iron, Ltd. | 210,281 | 60,975 | |||
Myer Holdings, Ltd. | 192,016 | 65,851 | |||
MyState, Ltd. | 27,932 | 72,912 | |||
Nanosonics, Ltd. (A) | 62,031 | 173,056 | |||
National Tyre & Wheel, Ltd. | 13,538 | 7,707 | |||
Navigator Global Investments, Ltd. | 51,211 | 45,297 | |||
Nearmap, Ltd. (A) | 135,615 | 190,779 | |||
Neometals, Ltd. (A) | 33,926 | 31,431 | |||
Netwealth Group, Ltd. | 29,355 | 260,581 | |||
New Century Resources, Ltd. (A) | 7,464 | 8,124 | |||
New Energy Solar, Ltd. | 12,111 | 7,628 | |||
New Hope Corp., Ltd. (B) | 155,032 | 512,322 | |||
Newcrest Mining, Ltd. | 17,931 | 209,981 | |||
nib holdings, Ltd. | 136,446 | 759,567 | |||
Nick Scali, Ltd. | 23,090 | 172,463 | |||
Nickel Industries, Ltd. | 305,224 | 202,675 | |||
Novonix, Ltd. (A) | 46,257 | 74,200 | |||
NRW Holdings, Ltd. | 180,255 | 299,657 | |||
Nufarm, Ltd. | 118,255 | 426,963 | |||
Objective Corp., Ltd. | 4,348 | 46,432 | |||
OceanaGold Corp. (A) | 233,573 | 345,020 | |||
OFX Group, Ltd. (A) | 100,657 | 181,049 | |||
Omni Bridgeway, Ltd. (A) | 95,000 | 294,032 | |||
oOh!media, Ltd. | 154,139 | 144,180 | |||
Opthea, Ltd. (A) | 51,295 | 40,014 | |||
OreCorp, Ltd. (A) | 20,841 | 5,860 | |||
Orora, Ltd. | 323,910 | 729,569 | |||
Pacific Current Group, Ltd. | 16,873 | 104,249 | |||
Pacific Smiles Group, Ltd. (A) | 11,867 | 12,228 | |||
Pact Group Holdings, Ltd. | 33,533 | 34,727 | |||
Paladin Energy, Ltd. (A) | 633,781 | 356,671 |
5 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Australia (continued) | |||||
Panoramic Resources, Ltd. (A) | 476,965 | $70,847 | |||
Pantoro, Ltd. (A) | 332,587 | 42,798 | |||
Peet, Ltd. | 115,617 | 89,157 | |||
Pendal Group, Ltd. | 104,321 | 366,253 | |||
Peninsula Energy, Ltd. (A) | 79,144 | 10,468 | |||
PeopleIN, Ltd. | 15,784 | 39,631 | |||
Perenti Global, Ltd. | 186,413 | 98,881 | |||
Perpetual, Ltd. (B) | 16,171 | 300,776 | |||
Perseus Mining, Ltd. | 376,160 | 397,855 | |||
Pinnacle Investment Management Group, Ltd. (B) | 19,866 | 137,761 | |||
Platinum Asset Management, Ltd. | 92,139 | 111,140 | |||
PolyNovo, Ltd. (A)(B) | 103,046 | 91,222 | |||
Poseidon Nickel, Ltd. (A) | 331,150 | 11,347 | |||
Praemium, Ltd. | 110,359 | 49,188 | |||
Premier Investments, Ltd. | 22,390 | 321,944 | |||
Probiotec, Ltd. | 4,196 | 6,324 | |||
Prophecy International Holdings, Ltd. (A) | 9,576 | 6,510 | |||
PSC Insurance Group, Ltd. | 27,514 | 97,566 | |||
PTB Group, Ltd. | 12,946 | 13,853 | |||
PWR Holdings, Ltd. | 26,246 | 169,213 | |||
QANTM Intellectual Property, Ltd. | 11,929 | 8,379 | |||
Ramelius Resources, Ltd. | 259,066 | 141,080 | |||
ReadyTech Holdings, Ltd. (A) | 11,234 | 22,809 | |||
Reckon, Ltd. | 25,906 | 21,613 | |||
Red 5, Ltd. (A) | 775,930 | 133,471 | |||
Redbubble, Ltd. (A)(B) | 56,271 | 26,983 | |||
Regis Healthcare, Ltd. | 40,833 | 58,960 | |||
Regis Resources, Ltd. | 241,409 | 253,247 | |||
Resolute Mining, Ltd. (A) | 387,451 | 74,201 | |||
Retail Food Group, Ltd. (A) | 288,997 | 11,658 | |||
Ridley Corp., Ltd. | 94,684 | 133,994 | |||
RPMGlobal Holdings, Ltd. (A) | 61,685 | 64,217 | |||
Rumble Resources, Ltd. (A) | 56,438 | 10,348 | |||
Sandfire Resources, Ltd. | 152,960 | 472,395 | |||
Select Harvests, Ltd. | 44,909 | 151,664 | |||
Servcorp, Ltd. | 13,949 | 35,497 | |||
Service Stream, Ltd. (A) | 212,032 | 105,088 | |||
Seven West Media, Ltd. (A) | 335,380 | 118,002 | |||
SG Fleet Group, Ltd. | 39,363 | 69,837 | |||
Shaver Shop Group, Ltd. | 21,893 | 17,336 | |||
Shine Justice, Ltd. | 4,532 | 3,873 | |||
Sierra Rutile Holdings, Ltd. (A) | 77,827 | 15,976 | |||
Sigma Healthcare, Ltd. | 333,871 | 155,970 | |||
Silver Lake Resources, Ltd. (A) | 235,274 | 211,052 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 6 |
Shares | Value | ||||
Australia (continued) | |||||
Silver Mines, Ltd. (A)(B) | 92,637 | $10,963 | |||
SmartGroup Corp., Ltd. | 45,241 | 182,714 | |||
SolGold PLC (A) | 193,333 | 44,634 | |||
Southern Cross Electrical Engineering, Ltd. | 43,054 | 21,551 | |||
Southern Cross Media Group, Ltd. | 84,254 | 61,559 | |||
SRG Global, Ltd. | 83,829 | 39,873 | |||
St. Barbara, Ltd. | 252,512 | 155,785 | |||
Strike Energy, Ltd. (A) | 355,532 | 66,233 | |||
Sunland Group, Ltd. | 30,172 | 52,638 | |||
Sunrise Energy Metals, Ltd. (A) | 5,222 | 10,574 | |||
Sunstone Metals, Ltd. (A) | 119,026 | 3,698 | |||
Super Retail Group, Ltd. | 43,131 | 308,095 | |||
Superloop, Ltd. (A) | 117,047 | 58,840 | |||
Symbio Holdings, Ltd. | 15,935 | 42,669 | |||
Syrah Resources, Ltd. (A) | 215,425 | 269,118 | |||
Tabcorp Holdings, Ltd. | 18,636 | 12,125 | |||
Tassal Group, Ltd. | 80,534 | 284,146 | |||
Technology One, Ltd. | 56,489 | 452,383 | |||
Temple & Webster Group, Ltd. (A) | 19,692 | 66,802 | |||
Ten Sixty Four, Ltd. | 77,809 | 30,228 | |||
The Reject Shop, Ltd. (A) | 7,826 | 22,556 | |||
The Star Entertainment Group, Ltd. (A) | 239,455 | 450,902 | |||
Tyro Payments, Ltd. (A) | 73,517 | 59,732 | |||
United Malt Grp, Ltd. | 73,181 | 177,214 | |||
Vita Group, Ltd. | 51,061 | 5,397 | |||
Viva Energy Group, Ltd. (D) | 222,852 | 450,662 | |||
Warrego Energy, Ltd. (A) | 80,366 | 8,787 | |||
Webjet, Ltd. (A) | 115,598 | 430,077 | |||
West African Resources, Ltd. (A) | 264,170 | 224,936 | |||
Westgold Resources, Ltd. | 150,966 | 94,912 | |||
Whitehaven Coal, Ltd. | 304,589 | 1,622,431 | |||
Widgie Nickel, Ltd. (A) | 8,042 | 1,632 | |||
Wiluna Mining Corp., Ltd. (A)(C) | 10,005 | 281 | |||
Zip Company, Ltd. (A)(B) | 85,789 | 54,571 | |||
Austria 1.4% | 8,479,120 | ||||
Addiko Bank AG | 1,199 | 12,379 | |||
Agrana Beteiligungs AG | 5,107 | 82,515 | |||
ams AG (A) | 80,594 | 589,753 | |||
ANDRITZ AG | 20,820 | 958,897 | |||
AT&S Austria Technologie & Systemtechnik AG | 9,986 | 444,477 | |||
BAWAG Group AG (A)(D) | 21,594 | 974,286 | |||
CA Immobilien Anlagen AG | 2,858 | 91,026 | |||
DO & Company AG (A) | 2,399 | 189,790 |
7 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Austria (continued) | |||||
EVN AG | 11,283 | $218,880 | |||
Fabasoft AG | 388 | 7,776 | |||
FACC AG (A) | 6,411 | 45,361 | |||
Flughafen Wien AG (A) | 2,080 | 68,656 | |||
IMMOFINANZ AG (A)(C) | 28,769 | 0 | |||
Kapsch TrafficCom AG (A) | 2,742 | 34,361 | |||
Kontron AG (B) | 14,916 | 226,935 | |||
Lenzing AG | 4,215 | 311,748 | |||
Mayr Melnhof Karton AG | 2,653 | 396,113 | |||
Oesterreichische Post AG | 7,329 | 204,614 | |||
Palfinger AG | 4,501 | 117,176 | |||
POLYTEC Holding AG (B) | 4,411 | 25,340 | |||
Porr AG | 4,862 | 55,666 | |||
Raiffeisen Bank International AG | 9,718 | 122,716 | |||
RHI Magnesita NV | 5,454 | 119,664 | |||
RHI Magnesita NV (London Stock Exchange) | 4,273 | 89,542 | |||
Rosenbauer International AG | 1,314 | 44,687 | |||
Schoeller-Bleckmann Oilfield Equipment AG | 4,222 | 255,329 | |||
Semperit AG Holding | 3,480 | 63,237 | |||
Strabag SE, Bearer Shares | 6,041 | 232,134 | |||
Telekom Austria AG (A) | 53,633 | 334,894 | |||
UBM Development AG | 1,455 | 45,392 | |||
UNIQA Insurance Group AG | 38,465 | 254,269 | |||
Vienna Insurance Group AG | 12,280 | 291,125 | |||
voestalpine AG | 32,182 | 647,585 | |||
Wienerberger AG | 36,554 | 854,759 | |||
Zumtobel Group AG | 10,070 | 68,038 | |||
Belgium 1.5% | 9,335,012 | ||||
Ackermans & van Haaren NV | 7,224 | 1,056,104 | |||
AGFA-Gevaert NV (A) | 41,215 | 149,024 | |||
Atenor | 1,423 | 73,194 | |||
Banque Nationale de Belgique | 31 | 49,352 | |||
Barco NV | 21,791 | 485,617 | |||
Bekaert SA | 10,307 | 316,147 | |||
Biocartis Group NV (A)(B)(D) | 13,216 | 21,947 | |||
bpost SA | 30,413 | 184,749 | |||
Cie d’Entreprises CFE (A) | 2,358 | 23,469 | |||
Deceuninck NV | 22,742 | 52,506 | |||
Deme Group NV (A) | 2,358 | 269,859 | |||
D’ieteren Group | 717 | 108,089 | |||
Econocom Group SA/NV | 34,770 | 108,373 | |||
Elia Group SA/NV | 3,411 | 495,523 | |||
Etablissements Franz Colruyt NV | 4,718 | 131,128 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 8 |
Shares | Value | ||||
Belgium (continued) | |||||
Euronav NV | 64,024 | $1,032,341 | |||
EVS Broadcast Equipment SA | 4,231 | 93,713 | |||
Exmar NV | 13,915 | 121,240 | |||
Fagron | 19,779 | 253,932 | |||
Galapagos NV (A) | 10,447 | 524,194 | |||
Gimv NV | 6,696 | 342,583 | |||
Greenyard NV (A) | 986 | 8,318 | |||
Immobel SA | 1,341 | 81,030 | |||
Ion Beam Applications | 5,822 | 103,450 | |||
Jensen-Group NV | 1,485 | 44,002 | |||
Kinepolis Group NV (A) | 4,120 | 180,636 | |||
Lotus Bakeries NV | 111 | 631,035 | |||
MDxHealth SA (A) | 8,514 | 6,917 | |||
Melexis NV | 5,920 | 446,409 | |||
Ontex Group NV (A) | 17,990 | 103,298 | |||
Orange Belgium SA (A) | 5,254 | 97,840 | |||
Picanol | 195 | 14,874 | |||
Proximus SADP | 34,603 | 440,464 | |||
Recticel SA | 14,862 | 207,092 | |||
Sipef NV | 2,705 | 167,348 | |||
Telenet Group Holding NV | 12,156 | 172,614 | |||
TER Beke SA | 185 | 18,272 | |||
Tessenderlo Group SA (A) | 5,433 | 176,402 | |||
Van de Velde NV | 2,367 | 83,381 | |||
VGP NV | 1,829 | 265,921 | |||
Viohalco SA | 18,237 | 62,653 | |||
X-Fab Silicon Foundries SE (A)(D) | 20,933 | 129,972 | |||
Bermuda 0.1% | 904,423 | ||||
Hafnia, Ltd. | 32,054 | 143,127 | |||
Hiscox, Ltd. | 73,063 | 761,296 | |||
Cambodia 0.0% | 280,240 | ||||
NagaCorp, Ltd. (A) | 346,000 | 280,240 | |||
Canada 12.1% | 73,835,810 | ||||
5N Plus, Inc. (A) | 38,389 | 49,106 | |||
Acadian Timber Corp. | 3,534 | 45,260 | |||
AcuityAds Holdings, Inc. (A)(B) | 3,180 | 7,070 | |||
Advantage Energy, Ltd. (A) | 71,006 | 606,607 | |||
Aecon Group, Inc. | 21,101 | 174,804 | |||
Africa Oil Corp. | 10,700 | 20,938 | |||
Ag Growth International, Inc. | 5,425 | 162,211 | |||
AGF Management, Ltd., Class B | 22,291 | 104,721 | |||
Aimia, Inc. (A)(B) | 31,533 | 98,199 |
9 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Canada (continued) | |||||
AirBoss of America Corp. | 4,809 | $46,173 | |||
Alamos Gold, Inc., Class A | 134,002 | 966,231 | |||
Alaris Equity Partners Income | 10,802 | 142,124 | |||
Alexco Resource Corp. (A)(B) | 35,137 | 15,785 | |||
Algoma Central Corp. (B) | 7,052 | 90,905 | |||
Altius Minerals Corp. | 15,908 | 221,781 | |||
Altus Group, Ltd. | 14,436 | 563,876 | |||
Americas Gold & Silver Corp. (A)(B) | 8,321 | 3,992 | |||
Amerigo Resources, Ltd. | 49,100 | 39,628 | |||
Andlauer Healthcare Group, Inc. | 5,295 | 210,332 | |||
Andrew Peller, Ltd., Class A | 11,193 | 47,726 | |||
Aris Gold Corp. (A) | 8,100 | 9,930 | |||
Aritzia, Inc. (A) | 31,038 | 1,009,589 | |||
Ascot Resources, Ltd. (A) | 44,475 | 12,191 | |||
Atco, Ltd., Class I | 22,407 | 793,334 | |||
Athabasca Oil Corp. (A) | 150,957 | 297,696 | |||
ATS Automation Tooling Systems, Inc. (A) | 24,691 | 754,257 | |||
Aurora Cannabis, Inc. (A) | 11,162 | 18,018 | |||
AutoCanada, Inc. (A)(B) | 8,443 | 191,379 | |||
B2Gold Corp. | 213,728 | 655,822 | |||
Badger Infrastructure Solutions, Ltd. | 12,568 | 295,982 | |||
Ballard Power Systems, Inc. (A) | 13,497 | 105,337 | |||
Baytex Energy Corp. (A) | 99,788 | 517,422 | |||
Birch Mountain Resources, Ltd. (A)(C) | 11,200 | 1 | |||
Birchcliff Energy, Ltd. (B) | 96,293 | 848,296 | |||
Bird Construction, Inc. (B) | 15,285 | 77,161 | |||
Black Diamond Group, Ltd. | 17,717 | 55,174 | |||
BlackBerry, Ltd. (A) | 49,182 | 292,092 | |||
BMTC Group, Inc. | 4,096 | 45,347 | |||
Bombardier, Inc., Class A (A)(B) | 816 | 21,634 | |||
Bombardier, Inc., Class B (A) | 26,573 | 661,214 | |||
Bonterra Energy Corp. (A) | 1,314 | 8,804 | |||
Boralex, Inc., Class A | 28,367 | 1,069,149 | |||
Boyd Group Services, Inc. | 2,490 | 343,161 | |||
Bridgemarq Real Estate Services | 2,800 | 29,144 | |||
Brookfield Infrastructure Corp., Class A | 19,577 | 933,274 | |||
Calian Group, Ltd. (B) | 3,839 | 175,851 | |||
Canaccord Genuity Group, Inc. | 39,036 | 233,321 | |||
Canacol Energy, Ltd. (B) | 52,069 | 99,511 | |||
Canada Goose Holdings, Inc. (A) | 17,492 | 315,118 | |||
Canadian Western Bank | 30,599 | 570,579 | |||
Canfor Corp. (A) | 19,227 | 377,264 | |||
Canfor Pulp Products, Inc. (A) | 15,045 | 63,463 | |||
Capital Power Corp. | 43,905 | 1,703,247 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 10 |
Shares | Value | ||||
Canada (continued) | |||||
Capstone Copper Corp. (A) | 171,933 | $386,190 | |||
Cardinal Energy, Ltd. (B) | 41,663 | 265,202 | |||
Cargojet, Inc. | 540 | 56,814 | |||
Cascades, Inc. | 25,515 | 173,875 | |||
Celestica, Inc. (A) | 37,646 | 388,399 | |||
Celestica, Inc. (New York Stock Exchange) (A) | 2,400 | 24,768 | |||
Centerra Gold, Inc. | 82,216 | 372,471 | |||
CES Energy Solutions Corp. | 112,004 | 211,497 | |||
China Gold International Resources Corp., Ltd. | 90,882 | 258,803 | |||
CI Financial Corp. | 64,152 | 703,384 | |||
Cogeco Communications, Inc. | 5,030 | 307,962 | |||
Cogeco, Inc. | 2,092 | 100,622 | |||
Colliers International Group, Inc. | 624 | 72,689 | |||
Computer Modelling Group, Ltd. | 30,133 | 105,541 | |||
Conifex Timber, Inc. | 4,700 | 6,692 | |||
Copper Mountain Mining Corp. (A)(B) | 59,268 | 65,886 | |||
Corby Spirit and Wine, Ltd. | 5,444 | 73,617 | |||
Corus Entertainment, Inc., B Shares | 72,507 | 204,268 | |||
Crescent Point Energy Corp. | 175,935 | 1,336,910 | |||
Crescent Point Energy Corp. (New York Stock Exchange) (B) | 20,800 | 157,872 | |||
Cronos Group, Inc. (A) | 27,306 | 83,283 | |||
Denison Mines Corp. (A)(B) | 277,941 | 393,627 | |||
Dexterra Group, Inc. | 10,134 | 45,911 | |||
Doman Building Materials Group, Ltd. (B) | 27,055 | 123,806 | |||
Dorel Industries, Inc., Class B | 8,944 | 46,240 | |||
DREAM Unlimited Corp., Class A | 10,815 | 232,135 | |||
Dundee Precious Metals, Inc. | 69,633 | 317,056 | |||
Dynacor Group, Inc. | 9,900 | 22,991 | |||
ECN Capital Corp. | 103,129 | 419,316 | |||
E-L Financial Corp., Ltd. | 574 | 414,258 | |||
Eldorado Gold Corp. (A) | 61,906 | 341,264 | |||
Element Fleet Management Corp. | 125,893 | 1,585,465 | |||
Endeavour Silver Corp. (A) | 36,791 | 106,730 | |||
Endeavour Silver Corp. (New York Stock Exchange) (A) | 1,400 | 4,060 | |||
Enerflex, Ltd. | 33,374 | 167,461 | |||
Enerplus Corp. | 91,948 | 1,417,008 | |||
Enghouse Systems, Ltd. | 14,691 | 358,620 | |||
Ensign Energy Services, Inc. (A) | 50,538 | 119,673 | |||
EQB, Inc. | 8,012 | 321,249 | |||
Equinox Gold Corp. (A)(B) | 76,791 | 269,545 | |||
ERO Copper Corp. (A) | 17,856 | 169,403 | |||
Evertz Technologies, Ltd. | 11,517 | 129,784 | |||
Exchange Income Corp. (B) | 6,091 | 214,960 | |||
Exco Technologies, Ltd. | 9,490 | 63,153 |
11 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Canada (continued) | |||||
Extendicare, Inc. (B) | 31,208 | $170,850 | |||
Fiera Capital Corp. (B) | 26,167 | 181,905 | |||
Finning International, Inc. | 50,484 | 1,087,827 | |||
Firm Capital Mortgage Investment Corp. | 7,600 | 70,945 | |||
First Majestic Silver Corp. | 74,599 | 544,717 | |||
First Majestic Silver Corp. (New York Stock Exchange) | 3,855 | 28,064 | |||
First Mining Gold Corp. (A)(B) | 127,000 | 21,274 | |||
First National Financial Corp. (B) | 5,098 | 144,360 | |||
Fission Uranium Corp. (A)(B) | 139,747 | 88,316 | |||
Fortuna Silver Mines, Inc. (A)(B) | 102,243 | 236,661 | |||
Fraser Papers Holdings, Inc. (A)(C) | 4,800 | 0 | |||
Freehold Royalties, Ltd. (B) | 42,409 | 463,049 | |||
Frontera Energy Corp. (A)(B) | 15,044 | 127,032 | |||
Galiano Gold, Inc. (A)(B) | 31,531 | 15,125 | |||
Gamehost, Inc. | 6,100 | 37,343 | |||
GDI Integrated Facility Services, Inc. (A) | 4,900 | 173,712 | |||
Gear Energy, Ltd. | 35,000 | 33,045 | |||
Gibson Energy, Inc. | 52,959 | 999,622 | |||
goeasy, Ltd. | 3,130 | 285,653 | |||
GoGold Resources, Inc. (A)(B) | 53,900 | 73,462 | |||
GoldMining, Inc. (A) | 22,500 | 19,873 | |||
GoldMoney, Inc. (A)(B) | 18,000 | 20,421 | |||
Goodfood Market Corp. (A) | 2,965 | 2,325 | |||
Gran Tierra Energy, Inc. (A) | 159,029 | 222,799 | |||
Guardian Capital Group, Ltd., Class A | 6,700 | 149,422 | |||
H2O Innovation, Inc. (A) | 6,200 | 9,394 | |||
Hanfeng Evergreen, Inc. (A)(C) | 3,700 | 6 | |||
Hardwoods Distribution, Inc. | 5,491 | 123,421 | |||
Headwater Exploration, Inc. (A) | 52,576 | 239,792 | |||
Heroux-Devtek, Inc. (A) | 10,492 | 104,413 | |||
HEXO Corp. (A)(B) | 10,300 | 2,157 | |||
High Liner Foods, Inc. (B) | 6,893 | 70,486 | |||
HLS Therapeutics, Inc. | 2,600 | 22,271 | |||
Home Capital Group, Inc. | 13,702 | 291,494 | |||
Hudbay Minerals, Inc. | 72,222 | 318,946 | |||
i-80 Gold Corp. (A) | 36,858 | 65,951 | |||
IAMGOLD Corp. (A)(B) | 171,967 | 205,572 | |||
IBI Group, Inc. (A) | 7,200 | 106,080 | |||
Imperial Metals Corp. (A)(B) | 22,308 | 44,162 | |||
Information Services Corp. | 4,400 | 77,792 | |||
Innergex Renewable Energy, Inc. | 46,841 | 707,956 | |||
InPlay Oil Corp. (A) | 8,571 | 24,407 | |||
Interfor Corp. (A) | 18,029 | 443,535 | |||
International Petroleum Corp. (A) | 1,489 | 14,659 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 12 |
Shares | Value | ||||
Canada (continued) | |||||
International Petroleum Corp. (Nasdaq Stockholm Exchange) (A) | 13,624 | $133,797 | |||
Jamieson Wellness, Inc. (D) | 14,663 | 410,075 | |||
Journey Energy, Inc. (A) | 6,200 | 27,900 | |||
KAB Distribution, Inc. (A)(C) | 18,405 | 0 | |||
Karora Resources, Inc. (A) | 39,895 | 86,877 | |||
K-Bro Linen, Inc. | 3,186 | 74,110 | |||
Kelt Exploration, Ltd. (A) | 60,355 | 289,057 | |||
Keyera Corp. | 12,077 | 297,569 | |||
Kinaxis, Inc. (A) | 3,930 | 453,161 | |||
Knight Therapeutics, Inc. (A) | 39,220 | 170,217 | |||
KP Tissue, Inc. (B) | 5,100 | 42,016 | |||
Labrador Iron Ore Royalty Corp. | 18,767 | 417,108 | |||
Largo, Inc. (A)(B) | 6,650 | 45,267 | |||
Lassonde Industries, Inc., Class A | 1,300 | 112,841 | |||
Laurentian Bank of Canada | 15,955 | 437,097 | |||
Leon’s Furniture, Ltd. | 8,754 | 116,844 | |||
LifeWorks, Inc. | 23,870 | 580,324 | |||
Lightspeed Commerce, Inc. (A) | 9,492 | 181,623 | |||
Lightstream Resources, Ltd. (A)(C) | 75,972 | 0 | |||
Linamar Corp. | 14,816 | 700,442 | |||
Logistec Corp., Class B | 400 | 12,183 | |||
Lucara Diamond Corp. (A) | 124,430 | 58,740 | |||
Lundin Gold, Inc. | 26,200 | 174,953 | |||
MAG Silver Corp. (A) | 14,682 | 173,946 | |||
Magellan Aerospace Corp. | 8,083 | 45,820 | |||
Mainstreet Equity Corp. (A) | 1,822 | 167,654 | |||
Major Drilling Group International, Inc. (A) | 28,074 | 190,245 | |||
Mandalay Resources Corp. (A) | 8,000 | 13,401 | |||
Manitok Energy, Inc. (A)(C) | 167 | 0 | |||
Maple Leaf Foods, Inc. | 27,833 | 491,027 | |||
Marathon Gold Corp. (A) | 15,600 | 20,074 | |||
Martinrea International, Inc. | 26,032 | 205,148 | |||
Maverix Metals, Inc. (B) | 13,901 | 46,360 | |||
MDA, Ltd. (A) | 1,077 | 6,109 | |||
Medical Facilities Corp. | 12,830 | 98,275 | |||
MEG Energy Corp. (A) | 113,678 | 1,589,164 | |||
Melcor Developments, Ltd. | 4,800 | 44,406 | |||
Methanex Corp. | 21,137 | 763,980 | |||
Morguard Corp. | 1,778 | 155,009 | |||
MTY Food Group, Inc. | 7,815 | 349,409 | |||
Mullen Group, Ltd. | 32,088 | 343,516 | |||
Neo Performance Materials, Inc. | 3,800 | 41,867 | |||
New Gold, Inc. (A) | 239,551 | 155,037 | |||
New Pacific Metals Corp. (A) | 2,211 | 5,741 |
13 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Canada (continued) | |||||
NFI Group, Inc. (B) | 22,816 | $229,315 | |||
North American Construction Group, Ltd. (B) | 10,337 | 118,848 | |||
NuVista Energy, Ltd. (A) | 69,005 | 567,445 | |||
Optiva, Inc. (A) | 500 | 8,572 | |||
Orbite Technologies, Inc. (A)(C) | 105,500 | 0 | |||
Organigram Holdings, Inc. (A) | 35,200 | 38,058 | |||
Organigram Holdings, Inc. (Nasdaq Exchange) (A)(B) | 23,600 | 25,252 | |||
Orla Mining, Ltd. (A) | 9,200 | 30,752 | |||
Osisko Gold Royalties, Ltd. | 51,699 | 500,319 | |||
Osisko Mining, Inc. (A) | 102,340 | 197,145 | |||
Pan American Silver Corp. | 13,750 | 204,572 | |||
Paramount Resources, Ltd., Class A | 26,905 | 613,344 | |||
Parex Resources, Inc. | 41,004 | 655,952 | |||
Park Lawn Corp. | 12,127 | 262,974 | |||
Parkland Corp. | 52,112 | 1,279,241 | |||
Pason Systems, Inc. | 27,155 | 287,398 | |||
Peyto Exploration & Development Corp. (B) | 68,868 | 642,352 | |||
PHX Energy Services Corp. | 11,019 | 52,521 | |||
Pine Cliff Energy, Ltd. | 23,500 | 33,818 | |||
Pipestone Energy Corp. (A) | 12,600 | 46,818 | |||
Pizza Pizza Royalty Corp. (B) | 10,376 | 103,969 | |||
Polaris Renewable Energy, Inc. | 7,043 | 103,391 | |||
Pollard Banknote, Ltd. (B) | 3,690 | 54,450 | |||
PolyMet Mining Corp. (A) | 2,025 | 6,322 | |||
PrairieSky Royalty, Ltd. | 61,894 | 843,570 | |||
Precision Drilling Corp. (A) | 6,554 | 402,816 | |||
Premium Brands Holdings Corp. | 13,707 | 1,018,515 | |||
Quarterhill, Inc. | 40,708 | 58,582 | |||
Questerre Energy Corp., Class A (A)(B) | 41,900 | 10,209 | |||
Real Matters, Inc. (A) | 24,912 | 109,826 | |||
Recipe Unlimited Corp. (A) | 5,964 | 89,323 | |||
RF Capital Group, Inc. (A) | 1,826 | 20,299 | |||
Richelieu Hardware, Ltd. | 18,554 | 496,007 | |||
Rogers Sugar, Inc. | 36,711 | 174,701 | |||
Roots Corp. (A)(B) | 3,881 | 9,013 | |||
Russel Metals, Inc. | 21,986 | 475,427 | |||
Sabina Gold & Silver Corp. (A) | 65,468 | 52,839 | |||
Sandstorm Gold, Ltd. | 68,630 | 390,350 | |||
Sandstorm Gold, Ltd. (New York Stock Exchange) | 2,700 | 15,282 | |||
Savaria Corp. (B) | 16,877 | 178,748 | |||
Seabridge Gold, Inc. (A) | 23,651 | 286,510 | |||
Secure Energy Services, Inc. | 105,595 | 459,091 | |||
ShawCor, Ltd. (A)(B) | 31,578 | 188,985 | |||
Sienna Senior Living, Inc. (B) | 26,699 | 270,985 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 14 |
Shares | Value | ||||
Canada (continued) | |||||
Sierra Metals, Inc. (B) | 8,600 | $3,863 | |||
Sierra Wireless, Inc. (A)(B) | 13,360 | 411,273 | |||
Signal Gold, Inc. (A)(B) | 9,500 | 2,893 | |||
SilverCrest Metals, Inc. (A) | 13,258 | 72,380 | |||
Sleep Country Canada Holdings, Inc. (D) | 13,709 | 276,612 | |||
SNC-Lavalin Group, Inc. | 49,404 | 955,842 | |||
Spin Master Corp. (A)(D) | 10,054 | 352,906 | |||
Sprott, Inc. (B) | 7,899 | 298,735 | |||
Stantec, Inc. | 3,556 | 168,763 | |||
Stelco Holdings, Inc. | 12,962 | 350,858 | |||
Stella-Jones, Inc. | 19,006 | 578,711 | |||
Superior Plus Corp. (B) | 56,857 | 477,073 | |||
Taiga Building Products, Ltd. (A) | 5,000 | 9,327 | |||
Tamarack Valley Energy, Ltd. (B) | 99,174 | 316,396 | |||
Taseko Mines, Ltd. (A)(B) | 98,102 | 102,334 | |||
Tecsys, Inc. | 649 | 16,045 | |||
TeraGo, Inc. (A) | 2,000 | 5,711 | |||
TerraVest Industries, Inc. | 1,900 | 36,456 | |||
The North West Company, Inc. | 20,130 | 521,892 | |||
Tidewater Midstream and Infrastructure, Ltd. | 97,265 | 89,611 | |||
Timbercreek Financial Corp. (B) | 29,474 | 181,555 | |||
Torex Gold Resources, Inc. (A) | 30,780 | 228,503 | |||
Total Energy Services, Inc. | 16,306 | 90,261 | |||
Touchstone Exploration, Inc. (A)(B) | 10,000 | 10,736 | |||
TransAlta Corp. (B) | 84,056 | 789,135 | |||
TransAlta Renewables, Inc. (B) | 41,639 | 551,023 | |||
Transcontinental, Inc., Class A | 26,952 | 339,837 | |||
TransGlobe Energy Corp. | 5,800 | 19,255 | |||
TransGlobe Energy Corp. (Nasdaq Exchange) | 2,724 | 8,989 | |||
Treasury Metals, Inc. (A)(B) | 4,237 | 1,178 | |||
Trican Well Service, Ltd. (A) | 83,926 | 221,741 | |||
Tricon Residential, Inc. | 70,437 | 735,289 | |||
Triple Flag Precious Metals Corp. | 900 | 10,964 | |||
Trisura Group, Ltd. (A) | 11,693 | 309,653 | |||
Turquoise Hill Resources, Ltd. (A) | 31,288 | 860,488 | |||
Uni-Select, Inc. (A) | 15,096 | 427,012 | |||
Vecima Networks, Inc. | 1,797 | 24,629 | |||
Vermilion Energy, Inc. | 60,324 | 1,611,273 | |||
VersaBank | 2,000 | 15,000 | |||
Victoria Gold Corp. (A) | 4,906 | 29,062 | |||
Wajax Corp. | 6,547 | 105,781 | |||
Wall Financial Corp. (A) | 1,600 | 13,645 | |||
Waterloo Brewing, Ltd. | 2,200 | 7,923 | |||
Wesdome Gold Mines, Ltd. (A) | 52,961 | 309,697 |
15 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Canada (continued) | |||||
Western Copper & Gold Corp. (A)(B) | 42,400 | $53,914 | |||
Western Forest Products, Inc. | 174,042 | 204,077 | |||
Westshore Terminals Investment Corp. | 15,644 | 364,254 | |||
Whitecap Resources, Inc. | 174,179 | 1,269,192 | |||
WildBrain, Ltd. (A) | 20,697 | 42,234 | |||
Winpak, Ltd. | 11,036 | 364,940 | |||
Yamana Gold, Inc. | 291,703 | 1,288,215 | |||
Yellow Pages, Ltd. | 4,514 | 43,650 | |||
Zenith Capital Corp. (A) | 5,300 | 742 | |||
Chile 0.0% | 11,115 | ||||
Aclara Resources, Inc. (A) | 14,806 | 4,171 | |||
Marimaca Copper Corp. (A) | 3,200 | 6,944 | |||
China 0.0% | 284,589 | ||||
Bund Center Investment, Ltd. | 55,500 | 21,441 | |||
Fosun Tourism Group (A)(D) | 15,600 | 21,775 | |||
Goodbaby International Holdings, Ltd. (A) | 335,000 | 34,055 | |||
Xingye Alloy Materials Group, Ltd. (A) | 176,000 | 25,812 | |||
Yangzijiang Shipbuilding Holdings, Ltd. | 261,900 | 181,506 | |||
Denmark 2.5% | 14,952,147 | ||||
ALK-Abello A/S (A) | 43,720 | 812,836 | |||
Alm Brand A/S | 287,180 | 420,791 | |||
Bang & Olufsen A/S (A)(B) | 41,442 | 71,787 | |||
Bavarian Nordic A/S (A)(B) | 23,351 | 879,772 | |||
Better Collective A/S (A)(B) | 8,719 | 119,474 | |||
Brodrene Hartmann A/S (A) | 865 | 29,966 | |||
CBrain A/S | 1,665 | 37,693 | |||
Chemometec A/S | 5,053 | 540,567 | |||
Columbus A/S | 26,124 | 29,235 | |||
D/S Norden A/S | 8,783 | 409,501 | |||
Dfds A/S | 12,308 | 425,892 | |||
FLSmidth & Company A/S | 16,644 | 460,708 | |||
Fluegger Group A/S | 225 | 14,527 | |||
H Lundbeck A/S | 88,986 | 349,475 | |||
H+H International A/S, Class B (A) | 6,801 | 109,302 | |||
Harboes Bryggeri A/S, Class B (A) | 1,452 | 14,357 | |||
INVISIO AB | 1,949 | 27,087 | |||
ISS A/S (A) | 47,231 | 826,991 | |||
Jeudan A/S (B) | 3,010 | 111,516 | |||
Jyske Bank A/S (A) | 19,215 | 961,805 | |||
Matas A/S | 13,454 | 137,974 | |||
MT Hoejgaard Holding A/S (A)(B) | 339 | 6,098 | |||
Netcompany Group A/S (A)(D) | 8,898 | 361,789 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 16 |
Shares | Value | ||||
Denmark (continued) | |||||
Nilfisk Holding A/S (A) | 5,482 | $122,619 | |||
NKT A/S (A) | 13,131 | 670,299 | |||
NNIT A/S (A)(D) | 4,314 | 38,987 | |||
North Media AS | 2,487 | 24,233 | |||
NTG Nordic Transport Group A/S (A)(B) | 3,889 | 150,647 | |||
Parken Sport & Entertainment A/S (A) | 1,870 | 23,425 | |||
Per Aarsleff Holding A/S | 6,442 | 185,255 | |||
Ringkjoebing Landbobank A/S | 8,819 | 941,606 | |||
Royal Unibrew A/S | 16,664 | 1,248,466 | |||
RTX A/S (A)(B) | 2,997 | 58,302 | |||
Scandinavian Tobacco Group A/S (D) | 22,645 | 339,366 | |||
Schouw & Company A/S | 4,381 | 319,451 | |||
SimCorp A/S | 13,331 | 978,468 | |||
Solar A/S, B Shares | 2,213 | 178,918 | |||
SP Group A/S | 1,662 | 61,654 | |||
Spar Nord Bank A/S | 31,557 | 357,306 | |||
Sparekassen Sjaelland-Fyn A/S | 3,399 | 74,086 | |||
Sydbank A/S | 22,266 | 643,395 | |||
TCM Group A/S | 1,441 | 17,486 | |||
The Drilling Company of 1972 A/S (A) | 3,559 | 168,886 | |||
Tivoli A/S (A) | 691 | 73,563 | |||
Topdanmark A/S | 14,901 | 781,408 | |||
UIE PLC | 5,980 | 159,616 | |||
Zealand Pharma A/S (A) | 9,861 | 175,562 | |||
Faeroe Islands 0.0% | 23,861 | ||||
BankNordik P/F | 1,415 | 23,861 | |||
Finland 2.2% | 13,361,383 | ||||
Aktia Bank OYJ | 18,402 | 189,928 | |||
Alma Media OYJ | 11,325 | 110,342 | |||
Anora Group OYJ | 2,753 | 22,434 | |||
Apetit OYJ | 1,524 | 15,695 | |||
Aspo OYJ | 5,505 | 42,595 | |||
Atria OYJ | 4,132 | 40,529 | |||
Bittium OYJ | 10,462 | 50,213 | |||
Cargotec OYJ, B Shares | 12,834 | 436,474 | |||
Caverion OYJ | 33,497 | 163,866 | |||
Citycon OYJ (A) | 21,062 | 149,253 | |||
Digia OYJ | 7,562 | 51,020 | |||
Enento Group OYJ (A)(D) | 5,041 | 125,269 | |||
EQ OYJ | 1,165 | 26,607 | |||
Finnair OYJ (A) | 205,747 | 84,331 | |||
Fiskars OYJ ABP | 10,905 | 184,905 | |||
F-Secure OYJ (A) | 33,411 | 84,059 |
17 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Finland (continued) | |||||
Gofore OYJ | 789 | $19,083 | |||
Harvia OYJ | 3,999 | 64,780 | |||
HKScan OYJ, A Shares | 11,127 | 12,810 | |||
Huhtamaki OYJ | 29,972 | 1,049,538 | |||
Ilkka OYJ | 9,901 | 37,303 | |||
Incap OYJ (A) | 2,230 | 30,700 | |||
Kamux Corp. | 8,572 | 52,320 | |||
Kemira OYJ | 33,664 | 405,208 | |||
Kojamo OYJ | 36,503 | 611,155 | |||
Konecranes OYJ | 20,483 | 481,543 | |||
Lassila & Tikanoja OYJ | 9,775 | 105,058 | |||
Lehto Group OYJ (A) | 2,434 | 836 | |||
Marimekko OYJ | 7,820 | 77,118 | |||
Metsa Board OYJ, A Shares | 1,067 | 10,458 | |||
Metsa Board OYJ, B Shares | 54,098 | 465,093 | |||
Musti Group OYJ (A) | 8,683 | 171,684 | |||
Nokian Renkaat OYJ | 44,842 | 465,383 | |||
Olvi OYJ, A Shares | 4,942 | 169,205 | |||
Oma Saastopankki OYJ | 1,470 | 27,312 | |||
Oriola OYJ, A Shares | 8,342 | 16,105 | |||
Oriola OYJ, B Shares | 42,174 | 80,018 | |||
Orion OYJ, Class A | 8,076 | 364,977 | |||
Orion OYJ, Class B | 32,907 | 1,492,013 | |||
Outokumpu OYJ | 111,348 | 446,503 | |||
Pihlajalinna OYJ | 1,502 | 15,371 | |||
Ponsse OYJ | 3,645 | 96,340 | |||
QT Group OYJ (A) | 3,412 | 172,991 | |||
Raisio OYJ, V Shares | 46,629 | 101,604 | |||
Rapala VMC OYJ | 5,592 | 27,732 | |||
Revenio Group OYJ | 6,747 | 305,208 | |||
Rovio Entertainment OYJ (D) | 5,234 | 31,499 | |||
Sanoma OYJ | 27,196 | 370,932 | |||
Taaleri OYJ | 2,201 | 21,483 | |||
Talenom OYJ | 1,935 | 21,103 | |||
Teleste OYJ | 3,860 | 14,997 | |||
Terveystalo OYJ (D) | 24,763 | 219,990 | |||
TietoEVRY OYJ | 26,058 | 666,787 | |||
Tokmanni Group Corp. | 16,285 | 194,426 | |||
Uponor OYJ | 18,114 | 271,427 | |||
Vaisala OYJ, A Shares | 6,527 | 288,142 | |||
Valmet OYJ | 46,680 | 1,183,220 | |||
Verkkokauppa.com OYJ | 6,156 | 22,916 | |||
Wartsila OYJ ABP | 83,858 | 691,433 | |||
WithSecure OYJ (A) | 33,411 | 56,104 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 18 |
Shares | Value | ||||
Finland (continued) | |||||
YIT OYJ | 47,048 | $153,955 | |||
France 4.3% | 26,471,032 | ||||
ABC arbitrage | 8,505 | 60,088 | |||
AKWEL | 3,921 | 70,887 | |||
ALD SA (D) | 32,153 | 349,967 | |||
Altamir | 5,040 | 124,952 | |||
Alten SA | 5,952 | 731,806 | |||
Assystem SA | 2,475 | 91,041 | |||
Atos SE (A) | 3,283 | 33,124 | |||
Aubay | 2,888 | 141,388 | |||
Axway Software SA | 2,311 | 48,731 | |||
Bastide le Confort Medical | 1,540 | 54,297 | |||
Beneteau SA | 14,545 | 155,068 | |||
Bigben Interactive | 4,952 | 60,569 | |||
Boiron SA | 1,866 | 86,854 | |||
Bonduelle SCA | 5,347 | 69,051 | |||
Bourbon Corp. (A)(C) | 1,464 | 0 | |||
Burelle SA | 69 | 35,173 | |||
Caisse Regionale de Credit Agricole Mutuel du Languedoc SCCV | 121 | 6,104 | |||
Casino Guichard Perrachon SA (A)(B) | 10,362 | 134,281 | |||
Catana Group | 5,106 | 31,557 | |||
Catering International Services | 1,089 | 9,574 | |||
CBo Territoria | 8,257 | 30,026 | |||
Cegedim SA | 1,780 | 35,549 | |||
CGG SA (A) | 244,859 | 231,532 | |||
Chargeurs SA | 6,722 | 100,731 | |||
Cie des Alpes (A) | 8,668 | 137,127 | |||
Cie Plastic Omnium SA | 19,624 | 363,872 | |||
Coface SA | 37,203 | 372,012 | |||
Derichebourg SA | 34,102 | 191,841 | |||
Ekinops SAS (A) | 3,234 | 22,715 | |||
Electricite de Strasbourg SA | 351 | 35,988 | |||
Elior Group SA (A)(D) | 50,304 | 160,920 | |||
Elis SA | 62,088 | 793,980 | |||
Equasens | 1,066 | 82,589 | |||
Eramet SA | 3,319 | 281,398 | |||
Etablissements Maurel et Prom SA | 21,880 | 110,737 | |||
Eurazeo SE | 11,262 | 672,570 | |||
Eutelsat Communications SA | 56,721 | 513,045 | |||
Exel Industries, A Shares | 466 | 20,500 | |||
Faurecia SE (A) | 40,348 | 578,618 | |||
Fnac Darty SA | 5,986 | 201,537 | |||
Gaumont SA (A) | 489 | 52,429 | |||
Gaztransport Et Technigaz SA | 7,495 | 954,150 |
19 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
France (continued) | |||||
GEA | 126 | $11,520 | |||
Genfit (A) | 1,923 | 8,142 | |||
GL Events (A) | 4,018 | 67,706 | |||
Groupe Crit | 1,108 | 66,363 | |||
Guerbet | 2,565 | 49,721 | |||
Guillemot Corp. | 834 | 11,632 | |||
Haulotte Group SA | 3,951 | 13,240 | |||
HEXAOM | 1,083 | 30,782 | |||
ID Logistics Group (A) | 889 | 248,728 | |||
Imerys SA | 9,160 | 265,056 | |||
Infotel SA | 1,194 | 59,987 | |||
Ipsen SA | 198 | 18,976 | |||
IPSOS | 16,827 | 764,471 | |||
Jacquet Metals SACA | 4,531 | 71,743 | |||
JCDecaux SA (A) | 22,190 | 307,699 | |||
Kaufman & Broad SA | 5,431 | 128,623 | |||
Korian SA | 23,528 | 299,822 | |||
Laurent-Perrier | 1,118 | 112,798 | |||
Lectra | 6,803 | 221,804 | |||
Linedata Services | 1,472 | 52,488 | |||
LISI | 7,678 | 162,600 | |||
LNA Sante SA | 2,041 | 61,702 | |||
Lumibird (A)(B) | 2,328 | 48,215 | |||
Maisons du Monde SA (D) | 12,286 | 117,597 | |||
Manitou BF SA | 4,533 | 74,635 | |||
Manutan International | 906 | 63,191 | |||
Mersen SA | 6,826 | 201,870 | |||
Metropole Television SA | 10,149 | 125,282 | |||
Nacon SA (A)(B) | 2,227 | 10,764 | |||
Neurones | 554 | 20,865 | |||
Nexans SA | 8,590 | 784,842 | |||
Nexity SA | 13,856 | 310,249 | |||
Nicox (A) | 6,072 | 11,780 | |||
NRJ Group | 6,595 | 41,944 | |||
Oeneo SA (B) | 4,715 | 75,744 | |||
OL Groupe SA (A) | 3,929 | 11,564 | |||
Onxeo SA (A) | 2,056 | 687 | |||
Orpea SA (A) | 5,710 | 124,232 | |||
Plastivaloire | 1,440 | 6,527 | |||
Quadient SA | 12,777 | 216,429 | |||
Recylex SA (A)(C) | 4,454 | 8,272 | |||
Rexel SA (A) | 87,031 | 1,413,560 | |||
Robertet SA | 76 | 68,177 | |||
Rothschild & Company | 12,415 | 442,004 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 20 |
Shares | Value | ||||
France (continued) | |||||
Rubis SCA | 30,156 | $710,888 | |||
Samse SA | 285 | 49,662 | |||
Savencia SA | 1,501 | 86,546 | |||
SCOR SE | 48,717 | 806,185 | |||
Seche Environnement SA | 1,539 | 123,030 | |||
SMCP SA (A)(D) | 9,812 | 53,735 | |||
Societe BIC SA | 9,132 | 519,489 | |||
Societe LDC SA | 493 | 47,554 | |||
Societe pour l’Informatique Industrielle | 2,435 | 118,163 | |||
SOITEC (A) | 6,568 | 927,643 | |||
Solocal Group (A)(B) | 47,008 | 47,438 | |||
Somfy SA | 2,576 | 284,964 | |||
Sopra Steria Group SACA | 5,309 | 732,832 | |||
SPIE SA | 42,580 | 927,030 | |||
Stef SA | 1,253 | 115,766 | |||
Synergie SE | 3,038 | 83,589 | |||
Technicolor SA (A) | 48,151 | 149,684 | |||
Technip Energies NV | 35,184 | 439,896 | |||
Television Francaise 1 | 16,840 | 106,797 | |||
Thermador Groupe | 2,187 | 169,017 | |||
Tikehau Capital SCA (B) | 9,962 | 242,727 | |||
Trigano SA | 2,880 | 249,335 | |||
Ubisoft Entertainment SA (A) | 21,462 | 989,726 | |||
Union Financiere de France BQE SA | 2,005 | 30,206 | |||
Valeo | 57,404 | 1,096,519 | |||
Vallourec SA (A) | 38,555 | 401,367 | |||
Verallia SA (D) | 16,925 | 388,028 | |||
Vetoquinol SA | 1,307 | 151,824 | |||
Vicat SA | 6,848 | 173,295 | |||
VIEL & Cie SA | 6,888 | 37,368 | |||
Vilmorin & Cie SA | 2,260 | 97,112 | |||
Virbac SA | 1,414 | 524,221 | |||
Voltalia SA (A) | 756 | 16,190 | |||
Vranken-Pommery Monopole SA | 923 | 15,896 | |||
Wavestone | 2,034 | 94,729 | |||
Xilam Animation SA (A) | 268 | 10,170 | |||
Gabon 0.0% | 40,896 | ||||
Totalenergies EP Gabon | 243 | 40,896 | |||
Georgia 0.1% | 450,899 | ||||
Bank of Georgia Group PLC | 13,173 | 305,926 | |||
Georgia Capital PLC (A) | 5,972 | 47,383 | |||
TBC Bank Group PLC | 4,740 | 97,590 |
21 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Germany 5.3% | $32,611,817 | ||||
1&1 AG | 13,559 | 217,925 | |||
7C Solarparken AG | 13,369 | 71,955 | |||
Aareal Bank AG | 24,051 | 797,376 | |||
Adesso SE | 836 | 101,297 | |||
AIXTRON SE | 18,245 | 427,580 | |||
All for One Group SE | 784 | 38,823 | |||
Allgeier SE | 2,876 | 87,462 | |||
Amadeus Fire AG | 1,891 | 188,646 | |||
Atoss Software AG | 1,254 | 166,350 | |||
Aurubis AG | 11,167 | 676,126 | |||
Auto1 Group SE (A)(D) | 3,766 | 39,451 | |||
Basler AG | 3,699 | 91,277 | |||
Bauer AG (A) | 7,205 | 63,240 | |||
BayWa AG | 6,365 | 275,368 | |||
Bechtle AG | 12,744 | 488,219 | |||
Bertrandt AG | 2,111 | 72,054 | |||
Bijou Brigitte AG (A) | 1,764 | 57,959 | |||
Bilfinger SE | 12,863 | 381,921 | |||
Borussia Dortmund GmbH & Company KGaA (A)(B) | 29,529 | 115,690 | |||
CANCOM SE | 12,396 | 347,150 | |||
CECONOMY AG | 59,337 | 85,850 | |||
CENIT AG | 2,412 | 36,252 | |||
Cewe Stiftung & Company KGAA | 2,024 | 160,042 | |||
CompuGroup Medical SE & Company KGaA | 8,422 | 316,753 | |||
CropEnergies AG | 9,512 | 155,832 | |||
CTS Eventim AG & Company KGaA (A) | 10,391 | 558,661 | |||
Data Modul AG | 635 | 33,468 | |||
Dermapharm Holding SE | 5,071 | 235,209 | |||
Deutsche Beteiligungs AG | 4,967 | 138,919 | |||
Deutsche Pfandbriefbank AG (D) | 59,817 | 516,233 | |||
Deutz AG | 41,092 | 154,741 | |||
DIC Asset AG | 14,590 | 149,350 | |||
DMG Mori AG | 587 | 24,175 | |||
Dr. Hoenle AG (B) | 1,598 | 31,686 | |||
Draegerwerk AG & Company KGaA | 1,198 | 48,427 | |||
Duerr AG | 17,784 | 391,727 | |||
Eckert & Ziegler Strahlen- und Medizintechnik AG | 4,771 | 188,006 | |||
Elmos Semiconductor SE | 2,401 | 101,856 | |||
ElringKlinger AG | 9,007 | 63,214 | |||
Encavis AG | 33,008 | 705,428 | |||
Energiekontor AG | 1,828 | 160,579 | |||
EuroEyes International Eye Clinic, Ltd. | 14,000 | 9,416 | |||
Fielmann AG | 6,964 | 258,794 | |||
First Sensor AG | 144 | 8,471 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 22 |
Shares | Value | ||||
Germany (continued) | |||||
flatexDEGIRO AG (A) | 8,505 | $81,845 | |||
FORTEC Elektronik AG | 601 | 15,201 | |||
Fraport AG Frankfurt Airport Services Worldwide (A) | 9,599 | 415,052 | |||
Freenet AG | 48,936 | 1,066,624 | |||
Fuchs Petrolub SE | 9,623 | 224,268 | |||
GEA Group AG | 7,237 | 251,753 | |||
Gerresheimer AG | 10,784 | 564,103 | |||
Gesco AG | 3,651 | 92,114 | |||
GFT Technologies SE | 6,077 | 202,018 | |||
GK Software SE (A) | 156 | 19,115 | |||
GRENKE AG | 1,670 | 40,154 | |||
H&R GmbH & Company KGaA (A) | 6,074 | 38,563 | |||
Hamburger Hafen und Logistik AG | 9,289 | 113,606 | |||
Hawesko Holding AG | 828 | 34,101 | |||
Heidelberger Druckmaschinen AG (A)(B) | 90,943 | 132,621 | |||
Hensoldt AG | 9,871 | 219,515 | |||
HOCHTIEF AG | 6,585 | 325,121 | |||
Hornbach Holding AG & Company KGaA | 4,326 | 305,140 | |||
HUGO BOSS AG | 17,803 | 970,307 | |||
Hypoport SE (A) | 864 | 168,721 | |||
Indus Holding AG | 7,265 | 162,181 | |||
Instone Real Estate Group SE (B)(D) | 13,507 | 119,565 | |||
IVU Traffic Technologies AG | 1,803 | 26,973 | |||
Jenoptik AG | 18,413 | 389,663 | |||
JOST Werke AG (D) | 4,614 | 171,002 | |||
K+S AG | 75,632 | 1,723,024 | |||
Kloeckner & Company SE | 27,626 | 249,309 | |||
Koenig & Bauer AG (A) | 4,359 | 50,813 | |||
Krones AG | 4,313 | 355,196 | |||
KSB SE & Company KGaA | 73 | 28,168 | |||
KWS Saat SE & Company KGaA | 4,093 | 249,044 | |||
LANXESS AG | 28,186 | 951,044 | |||
Leifheit AG | 2,841 | 44,280 | |||
Leoni AG (A) | 9,448 | 66,217 | |||
Manz AG (A)(B) | 1,315 | 36,024 | |||
Mediclin AG (A) | 8,179 | 26,266 | |||
Medigene AG (A) | 6,493 | 15,332 | |||
METRO AG (A) | 33,723 | 268,475 | |||
MLP SE | 22,937 | 126,679 | |||
Nagarro SE (A)(B) | 2,762 | 277,558 | |||
New Work SE | 1,026 | 122,306 | |||
Nexus AG | 5,695 | 285,454 | |||
Nordex SE (A)(B) | 40,220 | 386,742 | |||
Norma Group SE | 11,109 | 174,675 |
23 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Germany (continued) | |||||
OHB SE | 2,007 | $71,279 | |||
PATRIZIA AG | 15,691 | 198,387 | |||
Pfeiffer Vacuum Technology AG | 1,271 | 167,736 | |||
PNE AG | 16,489 | 272,982 | |||
Progress-Werk Oberkirch AG | 386 | 11,017 | |||
ProSiebenSat.1 Media SE | 61,649 | 476,543 | |||
PSI Software AG | 3,728 | 88,243 | |||
PVA TePla AG (A) | 5,294 | 88,923 | |||
q.beyond AG (A) | 40,232 | 39,758 | |||
R Stahl AG (A) | 823 | 11,150 | |||
Rheinmetall AG | 15,969 | 2,535,009 | |||
SAF-Holland SE | 14,787 | 117,670 | |||
Salzgitter AG | 13,156 | 323,436 | |||
Scout24 SE (D) | 18,728 | 1,078,981 | |||
Secunet Security Networks AG | 413 | 89,868 | |||
SGL Carbon SE (A) | 17,099 | 116,207 | |||
Siltronic AG | 7,643 | 523,758 | |||
Sirius Real Estate, Ltd. | 298,315 | 281,409 | |||
Sixt SE (B) | 4,201 | 410,806 | |||
SMA Solar Technology AG (A)(B) | 3,558 | 179,022 | |||
Software AG (B) | 17,078 | 464,529 | |||
STRATEC SE (B) | 2,573 | 219,313 | |||
Stroeer SE & Company KGaA | 8,491 | 360,854 | |||
Suedzucker AG | 21,966 | 301,225 | |||
SUESS MicroTec SE (B) | 6,541 | 81,003 | |||
Surteco Group SE | 2,163 | 55,410 | |||
Syzygy AG | 471 | 2,683 | |||
TAG Immobilien AG | 46,798 | 431,736 | |||
Takkt AG (B) | 15,103 | 152,987 | |||
TeamViewer AG (A)(D) | 28,192 | 282,118 | |||
Technotrans SE | 2,893 | 78,537 | |||
thyssenkrupp AG (A) | 102,953 | 574,261 | |||
Traffic Systems SE | 2,239 | 47,361 | |||
United Internet AG | 3,479 | 78,697 | |||
Varta AG (B) | 4,004 | 280,910 | |||
VERBIO Vereinigte BioEnergie AG | 6,636 | 425,919 | |||
Vitesco Technologies Group AG (A) | 2,257 | 110,222 | |||
Vivoryon Therapeutics NV (A) | 1,006 | 7,403 | |||
Vossloh AG | 3,151 | 107,736 | |||
Wacker Neuson SE | 10,307 | 170,642 | |||
Washtec AG | 3,833 | 153,720 | |||
Westwing Group SE (A) | 3,087 | 19,349 | |||
Wuestenrot & Wuerttembergische AG | 10,450 | 170,175 | |||
Zeal Network SE (B) | 4,328 | 127,953 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 24 |
Shares | Value | ||||
Gibraltar 0.0% | $159,806 | ||||
888 Holdings PLC | 111,653 | 159,806 | |||
Greece 0.0% | 46,671 | ||||
Alapis Holding Industrial & Commercial SA of Pharmaceutical Chemical Products (A)(C) | 1,810 | 34 | |||
Okeanis Eco Tankers Corp. (A)(D) | 3,343 | 46,637 | |||
TT Hellenic Postbank SA (A)(C) | 20,725 | 0 | |||
Greenland 0.0% | 25,773 | ||||
GronlandsBANKEN A/S | 313 | 25,773 | |||
Hong Kong 2.3% | 13,864,517 | ||||
3D-Gold Jewellery Holdings, Ltd. (A)(C) | 310,000 | 0 | |||
Aeon Credit Service Asia Company, Ltd. | 60,000 | 37,925 | |||
Aidigong Maternal & Child Health, Ltd. (A) | 588,000 | 37,371 | |||
Allied Group, Ltd. | 360,000 | 100,789 | |||
Analogue Holdings, Ltd. | 44,000 | 7,682 | |||
APAC Resources, Ltd. | 218,605 | 29,213 | |||
Apollo Future Mobility Group, Ltd. (A) | 1,040,000 | 43,580 | |||
Asia Financial Holdings, Ltd. | 94,000 | 40,934 | |||
Asia Standard International Group, Ltd. (A) | 236,000 | 15,632 | |||
Asiasec Properties, Ltd. | 103,000 | 4,865 | |||
ASMPT, Ltd. | 81,900 | 634,349 | |||
Associated International Hotels, Ltd. | 26,000 | 35,778 | |||
BOCOM International Holdings Company, Ltd. | 346,000 | 22,918 | |||
BOE Varitronix, Ltd. | 75,000 | 171,082 | |||
Bright Smart Securities & Commodities Group, Ltd. | 56,000 | 8,967 | |||
Brightoil Petroleum Holdings, Ltd. (A)(C) | 563,000 | 61,869 | |||
Build King Holdings, Ltd. | 150,000 | 14,316 | |||
Burwill Holdings, Ltd. (A)(C) | 1,216,000 | 4,958 | |||
Cafe de Coral Holdings, Ltd. | 100,000 | 143,169 | |||
Cathay Pacific Airways, Ltd. (A) | 65,000 | 67,376 | |||
Century City International Holdings, Ltd. (A) | 452,000 | 17,818 | |||
Chen Hsong Holdings | 40,000 | 9,824 | |||
Chevalier International Holdings, Ltd. | 45,524 | 49,777 | |||
China Baoli Technologies Holdings, Ltd. (A) | 51,750 | 1,000 | |||
China Best Group Holding, Ltd. (A) | 210,000 | 16,578 | |||
China Display Optoelectronics Technology Holdings, Ltd. (A) | 344,000 | 18,363 | |||
China Energy Development Holdings, Ltd. (A) | 2,938,000 | 60,146 | |||
China Motor Bus Company, Ltd. | 6,400 | 66,028 | |||
China Solar Energy Holdings, Ltd. (A)(C) | 127,000 | 0 | |||
China Star Entertainment, Ltd. (A) | 488,000 | 49,642 | |||
China Strategic Holdings, Ltd. (A) | 4,597,500 | 18,083 | |||
Chinese Estates Holdings, Ltd. (A) | 183,500 | 53,902 | |||
Chinney Investments, Ltd. | 36,000 | 6,425 | |||
Chow Sang Sang Holdings International, Ltd. | 107,000 | 120,464 |
25 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Hong Kong (continued) | |||||
Chuang’s China Investments, Ltd. | 210,000 | $11,880 | |||
Chuang’s Consortium International, Ltd. | 340,021 | 45,488 | |||
CITIC Telecom International Holdings, Ltd. | 476,000 | 164,346 | |||
CMBC Capital Holdings, Ltd. | 42,750 | 9,242 | |||
C-Mer Eye Care Holdings, Ltd. (A) | 114,000 | 58,245 | |||
Convoy Global Holdings, Ltd. (A)(C) | 630,000 | 9,070 | |||
Cowell e Holdings, Inc. (A) | 35,000 | 70,945 | |||
Crystal International Group, Ltd. (D) | 51,500 | 17,291 | |||
CSI Properties, Ltd. | 1,976,333 | 43,992 | |||
Dah Sing Banking Group, Ltd. | 137,648 | 106,887 | |||
Dah Sing Financial Holdings, Ltd. | 46,744 | 124,447 | |||
Dickson Concepts International, Ltd. | 63,500 | 30,164 | |||
Digital Domain Holdings, Ltd. (A) | 190,000 | 9,058 | |||
DMX Technologies Group, Ltd. (A)(C) | 34,000 | 0 | |||
Dynamic Holdings, Ltd. | 44,000 | 50,305 | |||
Eagle Nice International Holdings, Ltd. | 46,000 | 25,741 | |||
EC Healthcare | 82,000 | 57,623 | |||
EcoGreen International Group, Ltd. (C) | 76,000 | 16,558 | |||
EganaGoldpfeil Holdings, Ltd. (A)(C) | 131,750 | 0 | |||
Emperor Capital Group, Ltd. (A) | 1,143,000 | 8,740 | |||
Emperor Entertainment Hotel, Ltd. | 185,000 | 10,585 | |||
Emperor International Holdings, Ltd. | 508,250 | 42,037 | |||
Emperor Watch & Jewellery, Ltd. | 1,270,000 | 22,872 | |||
Energy International Investments Holdings, Ltd. (A) | 700,000 | 4,988 | |||
ENM Holdings, Ltd. (A) | 368,000 | 24,820 | |||
Esprit Holdings, Ltd. (A) | 525,375 | 65,270 | |||
Fairwood Holdings, Ltd. | 30,500 | 50,500 | |||
Far East Consortium International, Ltd. | 356,337 | 112,933 | |||
First Pacific Company, Ltd. | 618,000 | 238,322 | |||
Fountain SET Holdings, Ltd. | 188,000 | 23,934 | |||
FSE Lifestyle Services, Ltd. | 13,000 | 8,290 | |||
Fullwealth International Group Holdings, Ltd. (A) | 40,000 | 10,599 | |||
GDH Guangnan Holdings, Ltd. | 108,000 | 8,947 | |||
Genting Hong Kong, Ltd. (A) | 550,000 | 9,350 | |||
Giordano International, Ltd. | 389,708 | 90,681 | |||
Glorious Sun Enterprises, Ltd. | 146,000 | 14,525 | |||
Gold Peak Technology Group, Ltd. (A) | 90,000 | 7,110 | |||
Golden Resources Development International, Ltd. | 298,000 | 18,202 | |||
Gold-Finance Holdings, Ltd. (A)(C) | 214,000 | 0 | |||
Good Resources Holdings, Ltd. (A)(C) | 270,000 | 805 | |||
GR Properties, Ltd. (A) | 184,000 | 25,568 | |||
Great Eagle Holdings, Ltd. | 63,874 | 139,792 | |||
G-Resources Group, Ltd. | 178,080 | 43,159 | |||
Guotai Junan International Holdings, Ltd. | 744,600 | 74,707 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 26 |
Shares | Value | ||||
Hong Kong (continued) | |||||
Haitong International Securities Group, Ltd. | 715,316 | $79,141 | |||
Hang Lung Group, Ltd. | 197,000 | 333,197 | |||
Hanison Construction Holdings, Ltd. | 143,631 | 21,019 | |||
Harbour Centre Development, Ltd. (A) | 37,500 | 32,964 | |||
HKBN, Ltd. | 216,000 | 206,346 | |||
HKR International, Ltd. | 361,840 | 119,278 | |||
Hon Kwok Land Investment Company, Ltd. | 64,000 | 20,220 | |||
Hong Kong Ferry Holdings Company, Ltd. | 64,000 | 55,872 | |||
Hong Kong Technology Venture Company, Ltd. | 130,000 | 98,286 | |||
Hong Kong Technology Venture Company, Ltd., ADR | 1,717 | 26,201 | |||
Hongkong Chinese, Ltd. | 224,000 | 18,301 | |||
Hsin Chong Group Holdings, Ltd. (A)(C) | 736,000 | 32,821 | |||
Huobi Technology Holdings, Ltd. (A) | 18,500 | 9,578 | |||
Hutchison Port Holdings Trust | 1,279,000 | 274,445 | |||
Hutchison Telecommunications Hong Kong Holdings, Ltd. | 516,000 | 76,210 | |||
Hypebeast, Ltd. (A) | 120,000 | 12,515 | |||
Hysan Development Company, Ltd. | 160,000 | 450,919 | |||
Imagi International Holdings, Ltd. (A) | 69,281 | 3,207 | |||
International Housewares Retail Company, Ltd. | 95,000 | 35,069 | |||
IPE Group, Ltd. (A) | 220,000 | 20,397 | |||
IRC, Ltd. (A) | 1,194,000 | 20,483 | |||
ITC Properties Group, Ltd. | 136,252 | 17,702 | |||
Jacobson Pharma Corp., Ltd. | 176,000 | 20,163 | |||
Johnson Electric Holdings, Ltd. | 114,253 | 134,941 | |||
K Wah International Holdings, Ltd. | 295,000 | 111,252 | |||
Kader Holdings Company, Ltd. (A) | 14,000 | 771 | |||
Karrie International Holdings, Ltd. | 180,000 | 31,580 | |||
Keck Seng Investments Hong Kong, Ltd. | 19,000 | 5,798 | |||
Kerry Logistics Network, Ltd. | 237,500 | 522,155 | |||
Kerry Properties, Ltd. | 143,000 | 329,693 | |||
Kingmaker Footwear Holdings, Ltd. | 54,000 | 6,851 | |||
Kingston Financial Group, Ltd. (A) | 174,000 | 4,988 | |||
Kowloon Development Company, Ltd. | 106,000 | 123,779 | |||
Kwoon Chung Bus Holdings, Ltd. (A) | 20,000 | 4,734 | |||
Lai Sun Development Company, Ltd. (A) | 127,179 | 71,184 | |||
Lai Sun Garment International, Ltd. (A) | 46,846 | 28,724 | |||
Landsea Green Management, Ltd. (A) | 404,000 | 8,234 | |||
Langham Hospitality Investments, Ltd. | 464,250 | 54,306 | |||
Lerthai Group, Ltd. (A)(C) | 18,000 | 2,041 | |||
Lifestyle International Holdings, Ltd. (A) | 158,500 | 92,765 | |||
Lippo China Resources, Ltd. | 1,028,000 | 13,100 | |||
Lippo, Ltd. | 31,250 | 11,187 | |||
Liu Chong Hing Investment, Ltd. | 76,000 | 68,770 | |||
Luk Fook Holdings International, Ltd. | 107,000 | 273,521 |
27 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Hong Kong (continued) | |||||
Lung Kee Bermuda Holdings, Ltd. | 48,000 | $16,318 | |||
Man Wah Holdings, Ltd. | 450,400 | 355,929 | |||
Mandarin Oriental International, Ltd. (A) | 48,800 | 100,048 | |||
Mason Group Holdings, Ltd. (A) | 9,029,000 | 27,636 | |||
Melco International Development, Ltd. (A) | 199,000 | 130,736 | |||
MH Development, Ltd. (A)(C) | 124,000 | 8,247 | |||
Midland Holdings, Ltd. (A) | 54,000 | 4,734 | |||
Miramar Hotel & Investment | 86,000 | 147,485 | |||
Modern Dental Group, Ltd. | 107,000 | 30,481 | |||
National Electronics Holdings | 88,000 | 11,344 | |||
National United Resources Holdings, Ltd. (A) | 109,000 | 1,967 | |||
Nissin Foods Company, Ltd. | 91,000 | 72,947 | |||
NWS Holdings, Ltd. | 372,000 | 357,866 | |||
Oriental Watch Holdings | 134,378 | 76,735 | |||
Oshidori International Holdings, Ltd. (A) | 1,540,200 | 55,829 | |||
Pacific Andes International Holdings, Ltd. (A)(C) | 2,171,305 | 0 | |||
Pacific Basin Shipping, Ltd. | 1,377,000 | 488,739 | |||
Pacific Century Premium Developments, Ltd. (A) | 32,400 | 1,709 | |||
Pacific Textiles Holdings, Ltd. | 270,000 | 101,396 | |||
Paliburg Holdings, Ltd. (A) | 101,380 | 24,127 | |||
Paradise Entertainment, Ltd. (A) | 176,000 | 15,894 | |||
PC Partner Group, Ltd. (B) | 56,000 | 53,239 | |||
PCCW, Ltd. | 662,773 | 331,789 | |||
Peace Mark Holdings, Ltd. (A)(C) | 180,000 | 0 | |||
Perfect Medical Health Management, Ltd. | 121,000 | 61,874 | |||
Pico Far East Holdings, Ltd. | 254,000 | 34,893 | |||
Playmates Holdings, Ltd. | 640,000 | 52,957 | |||
Plover Bay Technologies, Ltd. | 88,000 | 27,753 | |||
PT International Development Company, Ltd. (A) | 453,327 | 12,140 | |||
Public Financial Holdings, Ltd. | 126,000 | 37,526 | |||
Regal Hotels International Holdings, Ltd. (A) | 117,200 | 46,229 | |||
Regina Miracle International Holdings, Ltd. (D) | 67,000 | 41,463 | |||
Sa Sa International Holdings, Ltd. (A) | 262,000 | 42,605 | |||
SAS Dragon Holdings, Ltd. | 84,000 | 40,646 | |||
SEA Holdings, Ltd. | 68,484 | 43,437 | |||
Shangri-La Asia, Ltd. (A) | 298,000 | 237,714 | |||
Shenwan Hongyuan HK, Ltd. (A) | 90,000 | 6,516 | |||
Shun Tak Holdings, Ltd. (A) | 455,250 | 75,814 | |||
Singamas Container Holdings, Ltd. | 270,000 | 25,011 | |||
SJM Holdings, Ltd. (A) | 540,000 | 188,302 | |||
SmarTone Telecommunications Holdings, Ltd. | 73,089 | 39,113 | |||
Solomon Systech International, Ltd. | 266,000 | 22,606 | |||
Soundwill Holdings, Ltd. | 39,500 | 36,154 | |||
Stella International Holdings, Ltd. | 131,000 | 152,817 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 28 |
Shares | Value | ||||
Hong Kong (continued) | |||||
Sun Hung Kai & Company, Ltd. | 129,318 | $59,601 | |||
SUNeVision Holdings, Ltd. | 173,000 | 113,341 | |||
TAI Cheung Holdings, Ltd. | 115,000 | 66,449 | |||
Tan Chong International, Ltd. | 63,000 | 15,250 | |||
Television Broadcasts, Ltd. (A) | 105,800 | 53,489 | |||
Texhong Textile Group, Ltd. | 42,000 | 39,461 | |||
Texwinca Holdings, Ltd. | 264,000 | 46,933 | |||
The Bank of East Asia, Ltd. | 115,407 | 145,402 | |||
The Hongkong & Shanghai Hotels, Ltd. (A) | 116,523 | 104,385 | |||
The United Laboratories International Holdings, Ltd. | 308,500 | 149,340 | |||
Town Health International Medical Group, Ltd. | 308,000 | 19,594 | |||
Tradelink Electronic Commerce, Ltd. | 186,000 | 22,275 | |||
Transport International Holdings, Ltd. | 86,278 | 118,985 | |||
Up Energy Development Group, Ltd. (A)(C) | 898,000 | 1,476 | |||
Upbest Group, Ltd. | 8,000 | 708 | |||
Value Partners Group, Ltd. | 295,000 | 86,524 | |||
Valuetronics Holdings, Ltd. | 125,150 | 47,406 | |||
Vedan International Holdings, Ltd. | 168,000 | 13,295 | |||
Vitasoy International Holdings, Ltd. (A)(B) | 194,000 | 303,807 | |||
VPower Group International Holdings, Ltd. (D) | 201,361 | 20,901 | |||
VSTECS Holdings, Ltd. | 188,400 | 124,555 | |||
VTech Holdings, Ltd. | 41,800 | 284,258 | |||
Wai Kee Holdings, Ltd. | 72,000 | 24,671 | |||
Wang On Group, Ltd. | 1,780,000 | 14,522 | |||
Wealthking Investments, Ltd. (A) | 376,000 | 23,585 | |||
Wing On Company International, Ltd. | 28,000 | 57,079 | |||
Wing Tai Properties, Ltd. | 118,000 | 58,295 | |||
YTO Express Holdings, Ltd. | 30,000 | 9,176 | |||
Yue Yuen Industrial Holdings, Ltd. | 237,500 | 354,119 | |||
Yunfeng Financial Group, Ltd. (A) | 46,000 | 7,315 | |||
Zensun Enterprises, Ltd. (A) | 107,000 | 33,782 | |||
Zhaobangji Properties Holdings, Ltd. (A) | 632,000 | 40,224 | |||
Ireland 0.7% | 4,306,875 | ||||
AIB Group PLC | 60,458 | 137,145 | |||
Bank of Ireland Group PLC (B) | 97,347 | 599,811 | |||
Bank of Ireland Group PLC (London Stock Exchange) | 215,337 | 1,297,863 | |||
C&C Group PLC (A) | 147,926 | 295,386 | |||
Cairn Homes PLC | 93,903 | 93,654 | |||
COSMO Pharmaceuticals NV | 1,718 | 90,804 | |||
Dalata Hotel Group PLC (A) | 31,506 | 110,355 | |||
Datalex PLC (A) | 4,738 | 2,554 | |||
FBD Holdings PLC | 8,155 | 83,219 | |||
Glanbia PLC | 36,506 | 464,581 |
29 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Ireland (continued) | |||||
Glenveagh Properties PLC (A)(D) | 91,625 | $93,259 | |||
Grafton Group PLC, CHESS Depositary Interest | 72,434 | 608,010 | |||
Greencore Group PLC (A) | 189,388 | 187,156 | |||
Hostelworld Group PLC (A)(D) | 11,005 | 10,593 | |||
Irish Continental Group PLC | 31,699 | 132,812 | |||
Keywords Studios PLC | 2,560 | 73,781 | |||
Permanent TSB Group Holdings PLC (A) | 16,886 | 25,892 | |||
Isle of Man 0.1% | 662,354 | ||||
Playtech PLC (A) | 117,955 | 612,286 | |||
Strix Group PLC | 29,122 | 50,068 | |||
Israel 1.9% | 11,389,809 | ||||
Abra Information Technologies, Ltd. (A) | 12,456 | 15,732 | |||
Adgar Investment and Development, Ltd. | 21,013 | 45,379 | |||
Afcon Holdings, Ltd. | 677 | 33,341 | |||
AFI Properties, Ltd. | 4,473 | 221,067 | |||
Africa Israel Residences, Ltd. | 1,267 | 66,929 | |||
Airport City, Ltd. (A) | 1 | 11 | |||
Allot, Ltd. (A) | 10,164 | 45,529 | |||
Alrov Properties and Lodgings, Ltd. | 2,069 | 119,366 | |||
Arad, Ltd. | 2,993 | 43,781 | |||
Ashtrom Group, Ltd. | 13,226 | 336,607 | |||
AudioCodes, Ltd. | 5,373 | 119,549 | |||
Aura Investments, Ltd. | 38,484 | 74,667 | |||
Automatic Bank Services, Ltd. | 2,098 | 12,437 | |||
Avgol Industries 1953, Ltd. (A)(B) | 33,538 | 24,218 | |||
Azorim-Investment Development & Construction Company, Ltd. | 18,584 | 75,967 | |||
Bet Shemesh Engines Holdings 1997, Ltd. (A) | 2,169 | 63,171 | |||
BioLine RX, Ltd. (A) | 56,614 | 5,673 | |||
Blue Square Real Estate, Ltd. | 1,082 | 93,483 | |||
Brainsway, Ltd. (A) | 2,776 | 5,885 | |||
Camtek, Ltd. (A) | 1,190 | 31,935 | |||
Carasso Motors, Ltd. | 10,045 | 63,518 | |||
Castro Model, Ltd. | 307 | 8,610 | |||
Cellcom Israel, Ltd. (A) | 31,945 | 199,840 | |||
Ceragon Networks, Ltd. (A) | 14,289 | 31,579 | |||
Clal Insurance Enterprises Holdings, Ltd. (A) | 12,711 | 274,473 | |||
Compugen, Ltd. (A) | 2,812 | 3,295 | |||
Danel Adir Yeoshua, Ltd. | 1,042 | 127,278 | |||
Delek Automotive Systems, Ltd. | 14,507 | 223,709 | |||
Delek Group, Ltd. (A) | 2,792 | 484,932 | |||
Delta Galil Industries, Ltd. | 2,564 | 136,023 | |||
Dor Alon Energy in Israel 1988, Ltd. | 2,265 | 86,303 | |||
Duniec Brothers, Ltd. | 397 | 25,833 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 30 |
Shares | Value | ||||
Israel (continued) | |||||
Electra Consumer Products 1970, Ltd. | 2,312 | $106,886 | |||
Electra Real Estate, Ltd. | 4,387 | 77,093 | |||
Electra, Ltd. | 365 | 231,673 | |||
Ellomay Capital, Ltd. (A) | 420 | 10,975 | |||
Elron Ventures, Ltd. (A) | 7,485 | 22,140 | |||
Energix-Renewable Energies, Ltd. | 1 | 3 | |||
Enlight Renewable Energy, Ltd. (A) | 49,221 | 120,129 | |||
Equital, Ltd. (A) | 7,225 | 268,336 | |||
First International Bank of Israel, Ltd. | 1 | 28 | |||
FMS Enterprises Migun, Ltd. | 748 | 25,473 | |||
Formula Systems 1985, Ltd. | 2,659 | 264,109 | |||
Fox Wizel, Ltd. | 1,320 | 191,609 | |||
Gav-Yam Lands Corp., Ltd. | 27,831 | 283,251 | |||
Gilat Satellite Networks, Ltd. (A) | 5,281 | 34,319 | |||
Gilat Satellite Networks, Ltd. (New York Stock Exchange) (A) | 759 | 4,979 | |||
Globrands, Ltd. | 85 | 9,569 | |||
Hamat Group, Ltd. | 2,143 | 21,757 | |||
Harel Insurance Investments & Financial Services, Ltd. | 36,217 | 411,786 | |||
Hilan, Ltd. | 3,350 | 203,834 | |||
IDI Insurance Company, Ltd. | 2,440 | 79,637 | |||
IES Holdings, Ltd. | 762 | 69,056 | |||
Ilex Medical, Ltd. | 1,319 | 31,162 | |||
Infinya, Ltd. | 1,499 | 152,034 | |||
Inrom Construction Industries, Ltd. | 29,233 | 136,245 | |||
Isracard, Ltd. | 37,464 | 124,707 | |||
Israel Canada T.R, Ltd. | 28,087 | 115,970 | |||
Israel Land Development - Urban Renewal, Ltd. | 6,186 | 110,237 | |||
Isras Investment Company, Ltd. | 423 | 101,315 | |||
Issta Lines, Ltd. | 1,875 | 56,550 | |||
Kamada, Ltd. (A) | 7,673 | 38,138 | |||
Kardan Real Estate Enterprise & Development, Ltd. | 5,870 | 6,979 | |||
Kerur Holdings, Ltd. | 1,291 | 31,755 | |||
Klil Industries, Ltd. | 300 | 27,703 | |||
Levinstein Properties, Ltd. | 1,350 | 43,831 | |||
M Yochananof & Sons, Ltd. | 1,229 | 77,308 | |||
Magic Software Enterprises, Ltd. | 6,930 | 118,994 | |||
Malam - Team, Ltd. | 2,400 | 57,541 | |||
Matrix IT, Ltd. | 8,917 | 234,014 | |||
Maytronics, Ltd. | 2,944 | 42,296 | |||
Mediterranean Towers, Ltd. | 22,244 | 72,065 | |||
Mega Or Holdings, Ltd. | 5,212 | 180,269 | |||
Mehadrin, Ltd. (A) | 167 | 8,011 | |||
Meitav Dash Investments, Ltd. (A) | 7,033 | 33,509 | |||
Menora Mivtachim Holdings, Ltd. (A) | 6,228 | 143,455 |
31 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Israel (continued) | |||||
Migdal Insurance & Financial Holdings, Ltd. | 80,532 | $133,059 | |||
Mivne Real Estate KD, Ltd. | 1 | 2 | |||
Mivtach Shamir Holdings, Ltd. | 1,455 | 40,307 | |||
Mizrahi Tefahot Bank, Ltd. | 1 | 28 | |||
Naphtha Israel Petroleum Corp., Ltd. (A) | 14,316 | 86,192 | |||
Nawi Brothers, Ltd. | 4,915 | 43,455 | |||
Neto Malinda Trading, Ltd. (A) | 532 | 20,602 | |||
Neto ME Holdings, Ltd. | 616 | 33,000 | |||
Novolog, Ltd. | 76,556 | 73,853 | |||
NR Spuntech Industries, Ltd. (A) | 7,555 | 10,765 | |||
Oil Refineries, Ltd. | 526,893 | 226,246 | |||
One Software Technologies, Ltd. | 10,156 | 187,236 | |||
Palram Industries 1990, Ltd. | 865 | 11,148 | |||
Partner Communications Company, Ltd. (A) | 49,065 | 424,371 | |||
Paz Oil Company, Ltd. (A) | 3,428 | 449,315 | |||
Peninsula Group, Ltd. | 11,513 | 7,702 | |||
Perion Network, Ltd. (A) | 9,594 | 195,187 | |||
Plasson Industries, Ltd. | 710 | 42,078 | |||
Plus500, Ltd. | 30,141 | 593,958 | |||
Prashkovsky Investments & Construction, Ltd. | 929 | 31,055 | |||
Priortech, Ltd. (A) | 2,299 | 60,378 | |||
Rami Levy Chain Stores Hashikma Marketing 2006, Ltd. | 1,831 | 141,703 | |||
Raval Ics, Ltd. | 11,596 | 16,172 | |||
Sano-Brunos Enterprises, Ltd. | 577 | 50,063 | |||
Scope Metals Group, Ltd. | 2,885 | 144,621 | |||
Shikun & Binui, Ltd. (A) | 1 | 3 | |||
Shufersal, Ltd. | 7,608 | 52,105 | |||
Summit Real Estate Holdings, Ltd. | 11,364 | 214,243 | |||
Suny Cellular Communication, Ltd. | 18,682 | 10,193 | |||
Tadiran Group, Ltd. | 674 | 113,613 | |||
Tamar Petroleum, Ltd. (D) | 13,687 | 44,263 | |||
Tel Aviv Stock Exchange, Ltd. | 15,875 | 75,494 | |||
Telsys, Ltd. | 899 | 53,966 | |||
Tera Light, Ltd. (A) | 11,021 | 21,096 | |||
Tiv Taam Holdings 1, Ltd. | 11,851 | 29,561 | |||
Tower Semiconductor, Ltd. (A) | 1 | 30 | |||
Tremor International, Ltd. (A)(B) | 17,934 | 68,493 | |||
Tremor International, Ltd., ADR (A) | 1,500 | 11,490 | |||
Victory Supermarket Chain, Ltd. (A) | 2,484 | 38,748 | |||
YD More Investments, Ltd. | 4,219 | 15,225 | |||
YH Dimri Construction & Development, Ltd. | 1,740 | 137,940 | |||
Italy 3.1% | 19,008,512 | ||||
A2A SpA | 483,924 | 542,259 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 32 |
Shares | Value | ||||
Italy (continued) | |||||
ACEA SpA | 13,366 | $160,054 | |||
Aeffe SpA (A) | 16,597 | 23,707 | |||
Anima Holding SpA (D) | 87,266 | 296,546 | |||
Aquafil SpA | 5,089 | 31,118 | |||
Arnoldo Mondadori Editore SpA | 41,391 | 67,574 | |||
Ascopiave SpA | 22,706 | 58,815 | |||
Autogrill SpA (A) | 7,745 | 50,798 | |||
Autostrade Meridionali SpA | 562 | 20,905 | |||
Avio SpA | 6,136 | 84,613 | |||
Azimut Holding SpA | 32,492 | 517,601 | |||
Banca Generali SpA (A) | 18,595 | 491,569 | |||
Banca IFIS SpA | 9,421 | 112,494 | |||
Banca Mediolanum SpA | 67,236 | 428,442 | |||
Banca Monte dei Paschi di Siena SpA (A) | 1,513 | 480 | |||
Banca Popolare di Sondrio SpA | 185,374 | 593,624 | |||
Banca Profilo SpA | 121,842 | 23,410 | |||
Banca Sistema SpA (D) | 14,130 | 21,935 | |||
Banco BPM SpA | 532,763 | 1,322,767 | |||
Banco di Desio e della Brianza SpA | 13,389 | 40,879 | |||
BasicNet SpA | 3,403 | 18,236 | |||
Be Shaping the Future SpA | 26,372 | 89,855 | |||
BF SpA | 5,823 | 20,801 | |||
BFF Bank SpA (D) | 39,421 | 249,534 | |||
Biesse SpA | 376 | 4,774 | |||
BPER Banca | 303,316 | 456,082 | |||
Brembo SpA | 42,382 | 388,690 | |||
Brunello Cucinelli SpA | 10,679 | 553,087 | |||
Buzzi Unicem SpA | 29,399 | 491,723 | |||
Cairo Communication SpA | 21,855 | 33,972 | |||
Carel Industries SpA (D) | 9,561 | 204,899 | |||
Cementir Holding NV | 17,059 | 98,811 | |||
CIR SpA-Compagnie Industriali (A) | 318,454 | 133,662 | |||
Credito Emiliano SpA | 37,888 | 219,039 | |||
Danieli & C Officine Meccaniche SpA | 4,189 | 77,003 | |||
Danieli & C Officine Meccaniche SpA, Savings Shares | 10,755 | 136,671 | |||
De’ Longhi SpA | 21,515 | 375,789 | |||
DeA Capital SpA (A) | 30,974 | 34,151 | |||
Digital Bros SpA | 631 | 15,563 | |||
doValue SpA (D) | 7,649 | 43,813 | |||
Elica SpA (A) | 10,005 | 30,003 | |||
Emak SpA | 21,737 | 24,348 | |||
Enav SpA (A)(D) | 23,052 | 95,300 | |||
ERG SpA | 19,318 | 612,242 | |||
Esprinet SpA | 11,933 | 81,171 |
33 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Italy (continued) | |||||
Eurotech SpA (A) | 9,022 | $26,699 | |||
Fila SpA | 3,770 | 28,446 | |||
Fincantieri SpA (A)(B) | 193,472 | 96,993 | |||
FNM SpA (A)(B) | 72,366 | 31,055 | |||
Garofalo Health Care SpA (A) | 6,031 | 25,066 | |||
Gefran SpA | 1,600 | 14,197 | |||
Geox SpA (A) | 22,422 | 17,403 | |||
Gruppo MutuiOnline SpA | 9,754 | 240,677 | |||
Hera SpA | 263,262 | 659,441 | |||
Illimity Bank SpA (A) | 18,559 | 157,980 | |||
IMMSI SpA | 75,963 | 29,196 | |||
Intek Group SpA (A) | 66,972 | 38,039 | |||
Interpump Group SpA | 3,693 | 130,329 | |||
Iren SpA | 217,224 | 327,352 | |||
Italgas SpA | 179,397 | 922,766 | |||
Italmobiliare SpA | 5,244 | 145,429 | |||
Juventus Football Club SpA (A) | 221,849 | 80,230 | |||
Leonardo SpA | 144,633 | 1,183,653 | |||
LU-VE SpA | 2,562 | 53,472 | |||
Maire Tecnimont SpA | 49,836 | 126,475 | |||
MFE-MediaForEurope NV, Class A (A) | 324,582 | 137,689 | |||
MFE-MediaForEurope NV, Class B | 89,755 | 52,211 | |||
Newlat Food SpA (A) | 1,582 | 9,121 | |||
Openjobmetis SpA Agenzia per il Lavoro | 4,189 | 33,242 | |||
Orsero SpA | 1,790 | 29,546 | |||
OVS SpA (D) | 75,854 | 114,699 | |||
Pharmanutra SpA | 1,031 | 69,877 | |||
Piaggio & C SpA | 59,218 | 144,657 | |||
Piovan SpA (D) | 1,138 | 10,012 | |||
Pirelli & C. SpA (D) | 109,418 | 413,867 | |||
Prima Industrie SpA | 1,462 | 35,975 | |||
RAI Way SpA (D) | 34,478 | 166,768 | |||
Reply SpA | 7,219 | 849,811 | |||
Rizzoli Corriere Della Sera Mediagroup SpA | 44,608 | 31,394 | |||
Sabaf SpA | 2,928 | 58,134 | |||
SAES Getters SpA | 2,163 | 48,778 | |||
SAES Getters SpA, Savings Shares | 2,176 | 33,804 | |||
Safilo Group SpA (A) | 26,055 | 36,500 | |||
Salvatore Ferragamo SpA (B) | 15,561 | 250,286 | |||
Sanlorenzo SpA/Ameglia | 454 | 14,264 | |||
Saras SpA (A) | 186,965 | 226,466 | |||
Sesa SpA | 2,766 | 338,106 | |||
SOL SpA | 11,563 | 206,540 | |||
Tamburi Investment Partners SpA | 39,590 | 306,105 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 34 |
Shares | Value | ||||
Italy (continued) | |||||
Technogym SpA (D) | 41,738 | $286,213 | |||
Tinexta SpA | 8,122 | 179,639 | |||
Tod’s SpA (A) | 3,273 | 132,252 | |||
TXT e-solutions SpA (A) | 3,737 | 42,230 | |||
Unieuro SpA (B)(D) | 5,335 | 60,665 | |||
Unipol Gruppo SpA | 159,150 | 666,458 | |||
UnipolSai Assicurazioni SpA | 42,377 | 94,116 | |||
Webuild SpA (B) | 63,047 | 88,542 | |||
Wiit SpA | 1,727 | 30,703 | |||
Zignago Vetro SpA | 8,446 | 96,135 | |||
Japan 24.0% | 146,192,101 | ||||
&Do Holdings Company, Ltd. | 2,600 | 16,337 | |||
A&D HOLON Holdings Company, Ltd. | 6,900 | 47,240 | |||
Access Company, Ltd. (A) | 11,200 | 65,127 | |||
Accrete, Inc. | 900 | 16,257 | |||
Achilles Corp. | 4,700 | 45,639 | |||
AD Works Group Company, Ltd. | 10,540 | 11,873 | |||
Adastria Company, Ltd. | 6,640 | 96,127 | |||
ADEKA Corp. | 24,491 | 413,269 | |||
Ad-sol Nissin Corp. | 2,800 | 31,725 | |||
Adtec Plasma Technology Company, Ltd. | 1,400 | 17,233 | |||
Advan Group Company, Ltd. | 7,300 | 42,775 | |||
Advance Create Company, Ltd. | 3,200 | 24,830 | |||
Advanced Media, Inc. (A) | 3,000 | 22,412 | |||
Adventure, Inc. | 600 | 45,655 | |||
Aeon Delight Company, Ltd. | 6,300 | 128,782 | |||
Aeon Fantasy Company, Ltd. | 3,300 | 84,640 | |||
AEON Financial Service Company, Ltd. | 8,800 | 90,379 | |||
Aeon Hokkaido Corp. | 7,700 | 64,003 | |||
Aeon Kyushu Company, Ltd. | 900 | 14,004 | |||
AFC-HD AMS Life Science Company, Ltd. | 3,000 | 16,615 | |||
Agro-Kanesho Company, Ltd. | 2,800 | 27,076 | |||
AGS Corp. | 1,400 | 7,107 | |||
Ahresty Corp. (A) | 9,400 | 27,474 | |||
Ai Holdings Corp. | 12,200 | 186,606 | |||
AI inside, Inc. (A) | 300 | 9,583 | |||
Aica Kogyo Company, Ltd. | 14,900 | 328,718 | |||
Aichi Corp. | 10,700 | 63,979 | |||
Aichi Steel Corp. | 4,100 | 60,801 | |||
Aichi Tokei Denki Company, Ltd. | 3,300 | 33,744 | |||
Aida Engineering, Ltd. | 16,800 | 103,513 | |||
Aiful Corp. | 98,400 | 277,622 | |||
Aiming, Inc. | 4,200 | 9,000 |
35 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Ain Holdings, Inc. | 6,900 | $394,355 | |||
Ainavo Holdings Company, Ltd. | 2,400 | 16,545 | |||
Aiphone Company, Ltd. | 3,500 | 52,753 | |||
Airport Facilities Company, Ltd. | 9,200 | 36,845 | |||
Airtrip Corp. (A) | 4,600 | 86,481 | |||
Aisan Industry Company, Ltd. | 12,600 | 65,986 | |||
AIT Corp. | 2,300 | 26,543 | |||
Aizawa Securities Group Company, Ltd. | 7,900 | 36,655 | |||
Ajis Company, Ltd. | 1,600 | 23,935 | |||
Akatsuki Corp. | 6,800 | 16,026 | |||
Akatsuki, Inc. | 3,000 | 50,994 | |||
Akebono Brake Industry Company, Ltd. (A) | 25,300 | 30,820 | |||
Albis Company, Ltd. | 2,200 | 36,528 | |||
Alconix Corp. | 8,400 | 85,446 | |||
Alinco, Inc. | 5,400 | 34,954 | |||
Alleanza Holdings Company, Ltd. | 2,600 | 18,698 | |||
Allied Architects, Inc. (A) | 2,400 | 17,721 | |||
Allied Telesis Holdings KK (A) | 9,200 | 6,253 | |||
Alpen Company, Ltd. | 5,400 | 81,280 | |||
Alpha Corp. | 2,500 | 17,163 | |||
AlphaPolis Company, Ltd. (A) | 1,100 | 19,282 | |||
Alps Alpine Company, Ltd. | 31,600 | 282,688 | |||
Alps Logistics Company, Ltd. | 6,000 | 48,361 | |||
Altech Corp. | 5,730 | 76,790 | |||
Amano Corp. | 17,200 | 318,178 | |||
Amiyaki Tei Company, Ltd. | 1,000 | 20,864 | |||
Amuse, Inc. | 3,900 | 54,218 | |||
Amvis Holdings, Inc. | 3,500 | 138,813 | |||
Anabuki Kosan, Inc. | 1,000 | 15,028 | |||
Anest Iwata Corp. | 12,200 | 83,637 | |||
Anicom Holdings, Inc. | 22,100 | 102,006 | |||
Anritsu Corp. | 43,700 | 515,126 | |||
Aohata Corp. | 500 | 9,141 | |||
AOI Electronics Company, Ltd. | 1,600 | 23,064 | |||
AOKI Holdings, Inc. | 12,500 | 63,193 | |||
Aoki Super Company, Ltd. | 600 | 11,759 | |||
Aoyama Trading Company, Ltd. | 15,100 | 100,184 | |||
Aoyama Zaisan Networks Company, Ltd. | 5,700 | 39,339 | |||
Aozora Bank, Ltd. | 1,700 | 32,814 | |||
Arakawa Chemical Industries, Ltd. | 5,800 | 42,623 | |||
Arata Corp. | 5,400 | 159,999 | |||
Araya Industrial Company, Ltd. | 1,200 | 15,277 | |||
Arcland Service Holdings Company, Ltd. | 5,300 | 78,855 | |||
Arcs Company, Ltd. | 13,584 | 198,625 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 36 |
Shares | Value | ||||
Japan (continued) | |||||
Ardepro Company, Ltd. | 6,079 | $20,598 | |||
Arealink Company, Ltd. | 3,100 | 42,363 | |||
Argo Graphics, Inc. | 5,500 | 153,063 | |||
Arisawa Manufacturing Company, Ltd. | 12,600 | 120,255 | |||
ARTERIA Networks Corp. | 8,100 | 75,745 | |||
Artiza Networks, Inc. | 900 | 8,076 | |||
Artnature, Inc. | 6,300 | 33,146 | |||
ArtSpark Holdings, Inc. | 10,300 | 68,891 | |||
Aruhi Corp. | 10,800 | 81,834 | |||
As One Corp. | 1,600 | 73,380 | |||
Asahi Broadcasting Group Holdings Corp. | 4,000 | 18,658 | |||
Asahi Company, Ltd. | 5,200 | 49,665 | |||
Asahi Diamond Industrial Company, Ltd. | 19,800 | 110,481 | |||
Asahi Holdings, Inc. | 25,500 | 380,076 | |||
Asahi Intelligence Service Company, Ltd. | 600 | 4,981 | |||
Asahi Kogyosha Company, Ltd. | 3,400 | 47,011 | |||
Asahi Net, Inc. | 6,800 | 30,999 | |||
Asahi Printing Company, Ltd. | 3,100 | 18,924 | |||
Asahi Yukizai Corp. | 5,300 | 87,230 | |||
Asanuma Corp. | 5,400 | 109,421 | |||
Asax Company, Ltd. | 4,100 | 17,611 | |||
Ascentech KK | 2,000 | 9,038 | |||
Ashimori Industry Company, Ltd. | 1,599 | 11,769 | |||
Asia Pile Holdings Corp. | 11,600 | 41,954 | |||
ASKA Pharmaceutical Holdings Company, Ltd. | 8,200 | 69,674 | |||
ASKUL Corp. | 12,400 | 163,813 | |||
Astena Holdings Company, Ltd. | 12,400 | 39,805 | |||
Asteria Corp. | 5,400 | 31,159 | |||
Asti Corp. | 700 | 11,046 | |||
Atled Corp. | 600 | 8,092 | |||
Atrae, Inc. (A) | 5,800 | 66,964 | |||
Aucnet, Inc. | 3,600 | 55,831 | |||
Autobacs Seven Company, Ltd. | 21,600 | 221,413 | |||
Aval Data Corp. | 700 | 13,590 | |||
Avant Corp. | 7,100 | 76,792 | |||
Avantia Company, Ltd. (B) | 5,700 | 33,197 | |||
Avex, Inc. | 9,900 | 111,437 | |||
Axell Corp. | 3,700 | 26,282 | |||
Axial Retailing, Inc. | 5,800 | 144,761 | |||
Axyz Company, Ltd. | 500 | 10,768 | |||
Balmuda, Inc. (A)(B) | 700 | 15,056 | |||
Bando Chemical Industries, Ltd. | 12,200 | 88,415 | |||
Bank of the Ryukyus, Ltd. | 15,300 | 85,238 | |||
Baroque Japan, Ltd. (B) | 4,000 | 22,787 |
37 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Base Company, Ltd. | 900 | $43,745 | |||
Beauty Garage, Inc. | 1,100 | 23,051 | |||
Beenos, Inc. | 3,400 | 56,221 | |||
Belc Company, Ltd. | 3,400 | 136,311 | |||
Bell System24 Holdings, Inc. | 10,500 | 111,972 | |||
Belluna Company, Ltd. | 16,400 | 86,912 | |||
Benesse Holdings, Inc. | 18,300 | 287,635 | |||
Bengo4.com, Inc. (A) | 2,000 | 54,582 | |||
Bic Camera, Inc. (B) | 24,900 | 203,827 | |||
BML, Inc. | 6,700 | 171,451 | |||
Bookoff Group Holdings, Ltd. | 2,900 | 21,147 | |||
Bourbon Corp. | 2,600 | 39,911 | |||
BP Castrol KK | 2,600 | 20,739 | |||
Br. Holdings Corp. | 9,900 | 25,000 | |||
BrainPad, Inc. (A) | 5,100 | 39,100 | |||
Broadleaf Company, Ltd. | 34,700 | 128,153 | |||
Broccoli Company, Ltd. | 1,600 | 13,195 | |||
Bull-Dog Sauce Company, Ltd. | 2,800 | 36,983 | |||
Bunka Shutter Company, Ltd. (B) | 18,000 | 138,049 | |||
Business Brain Showa-Ota, Inc. | 2,300 | 26,246 | |||
Business Engineering Corp. | 1,500 | 25,618 | |||
BuySell Technologies Company, Ltd. | 500 | 22,555 | |||
C Uyemura & Company, Ltd. | 3,600 | 168,476 | |||
CAC Holdings Corp. | 4,400 | 45,620 | |||
Canare Electric Company, Ltd. | 1,500 | 16,346 | |||
Canon Electronics, Inc. | 7,300 | 85,104 | |||
CareerIndex, Inc. (A) | 2,300 | 7,369 | |||
Careerlink Company, Ltd. | 1,500 | 24,932 | |||
Carenet, Inc. | 4,800 | 41,106 | |||
Carlit Holdings Company, Ltd. | 7,200 | 35,202 | |||
Carta Holdings, Inc. | 2,400 | 30,118 | |||
Casa, Inc. | 2,200 | 13,531 | |||
Cawachi, Ltd. | 4,800 | 72,877 | |||
CellSource Company, Ltd. (A) | 1,800 | 60,206 | |||
Central Automotive Products, Ltd. | 3,600 | 58,950 | |||
Central Glass Company, Ltd. | 9,686 | 233,696 | |||
Central Security Patrols Company, Ltd. | 3,200 | 57,833 | |||
Central Sports Company, Ltd. | 2,400 | 43,581 | |||
Ceres, Inc. | 2,700 | 21,296 | |||
Charm Care Corp. KK | 5,400 | 48,315 | |||
Chilled & Frozen Logistics Holdings Company, Ltd. | 6,200 | 54,929 | |||
Chino Corp. | 2,500 | 29,743 | |||
Chiyoda Company, Ltd. | 7,200 | 40,707 | |||
Chiyoda Corp. (A) | 53,100 | 151,275 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 38 |
Shares | Value | ||||
Japan (continued) | |||||
Chiyoda Integre Company, Ltd. | 4,500 | $69,898 | |||
Chofu Seisakusho Company, Ltd. | 6,700 | 95,710 | |||
Chori Company, Ltd. | 4,400 | 64,328 | |||
Chubu Shiryo Company, Ltd. | 7,800 | 60,208 | |||
Chudenko Corp. | 8,800 | 134,442 | |||
Chuetsu Pulp & Paper Company, Ltd. | 3,300 | 23,658 | |||
Chugai Ro Company, Ltd. | 2,400 | 28,669 | |||
Chugoku Marine Paints, Ltd. | 14,000 | 88,770 | |||
Chuo Gyorui Company, Ltd. | 300 | 6,290 | |||
Chuo Spring Company, Ltd. | 6,400 | 32,638 | |||
Chuo Warehouse Company, Ltd. | 2,600 | 17,956 | |||
CI Takiron Corp. | 16,400 | 64,435 | |||
Citizen Watch Company, Ltd. | 79,600 | 340,101 | |||
CKD Corp. | 15,100 | 198,659 | |||
CK-San-Etsu Company, Ltd. | 800 | 23,718 | |||
Cleanup Corp. | 9,700 | 42,926 | |||
CMC Corp. | 1,600 | 13,428 | |||
CMIC Holdings Company, Ltd. | 3,400 | 40,378 | |||
CMK Corp. | 19,000 | 63,879 | |||
COLOPL, Inc. | 17,900 | 90,448 | |||
Colowide Company, Ltd. | 17,600 | 236,599 | |||
Computer Engineering & Consulting, Ltd. | 10,200 | 94,244 | |||
Computer Institute of Japan, Ltd. | 6,120 | 34,151 | |||
Comture Corp. | 8,100 | 141,086 | |||
CONEXIO Corp. | 6,300 | 59,743 | |||
COOKPAD, Inc. (A) | 7,200 | 11,326 | |||
Core Corp. | 2,100 | 22,301 | |||
Corona Corp. | 5,000 | 30,117 | |||
Cosel Company, Ltd. | 10,500 | 66,276 | |||
Cosmo Energy Holdings Company, Ltd. | 4,000 | 119,763 | |||
Cota Company, Ltd. | 6,704 | 76,125 | |||
CRE, Inc. | 4,200 | 51,847 | |||
Create Medic Company, Ltd. | 2,400 | 16,114 | |||
Create Restaurants Holdings, Inc. | 28,600 | 187,218 | |||
Create SD Holdings Company, Ltd. | 8,200 | 183,890 | |||
Credit Saison Company, Ltd. | 12,500 | 157,261 | |||
Creek & River Company, Ltd. | 4,600 | 79,609 | |||
Cresco, Ltd. | 5,100 | 67,330 | |||
CrowdWorks, Inc. (A) | 2,000 | 21,071 | |||
CTI Engineering Company, Ltd. | 3,900 | 72,960 | |||
CTS Company, Ltd. | 9,900 | 54,922 | |||
Cube System, Inc. | 4,500 | 33,673 | |||
Curves Holdings Company, Ltd. | 16,600 | 98,403 | |||
Cyber Com Company, Ltd. | 900 | 8,197 |
39 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Cyberlinks Company, Ltd. | 600 | $4,882 | |||
Cybernet Systems Company, Ltd. | 6,300 | 43,547 | |||
Cybozu, Inc. | 8,100 | 78,136 | |||
Dai Nippon Toryo Company, Ltd. | 6,700 | 35,809 | |||
Daicel Corp. | 77,900 | 489,229 | |||
Dai-Dan Company, Ltd. | 5,100 | 81,470 | |||
Daido Kogyo Company, Ltd. | 3,900 | 20,890 | |||
Daido Metal Company, Ltd. | 16,300 | 61,760 | |||
Daido Steel Company, Ltd. (B) | 8,400 | 235,638 | |||
Daihatsu Diesel Manufacturing Company, Ltd. | 11,100 | 41,422 | |||
Daihen Corp. | 6,500 | 192,472 | |||
Daiho Corp. | 4,800 | 139,669 | |||
Dai-Ichi Cutter Kogyo KK | 1,200 | 11,136 | |||
Daiichi Jitsugyo Company, Ltd. | 2,800 | 76,952 | |||
Daiichi Kensetsu Corp. | 800 | 8,395 | |||
Daiichi Kigenso Kagaku-Kogyo Company, Ltd. | 7,000 | 66,498 | |||
Daiken Corp. | 4,000 | 55,890 | |||
Daiken Medical Company, Ltd. | 5,000 | 17,098 | |||
Daiki Aluminium Industry Company, Ltd. | 9,100 | 87,859 | |||
Daikoku Denki Company, Ltd. | 3,600 | 33,893 | |||
Daikokutenbussan Company, Ltd. | 1,700 | 72,188 | |||
Daikyonishikawa Corp. | 16,500 | 69,210 | |||
Dainichi Company, Ltd. | 5,000 | 23,122 | |||
Dainichiseika Color & Chemicals Manufacturing Company, Ltd. | 5,000 | 64,300 | |||
Daio Paper Corp. | 800 | 7,478 | |||
Daiohs Corp. | 1,700 | 16,680 | |||
Daiseki Company, Ltd. | 13,980 | 419,226 | |||
Daiseki Eco. Solution Company, Ltd. | 1,400 | 9,460 | |||
Daishi Hokuetsu Financial Group, Inc. | 11,200 | 210,727 | |||
Daishinku Corp. | 10,400 | 73,210 | |||
Daisue Construction Company, Ltd. | 2,300 | 25,305 | |||
Daito Pharmaceutical Company, Ltd. | 4,450 | 84,897 | |||
Daitron Company, Ltd. | 2,800 | 42,387 | |||
Daiwa Industries, Ltd. | 12,200 | 97,792 | |||
Daiwabo Holdings Company, Ltd. | 28,200 | 396,976 | |||
DCM Holdings Company, Ltd. | 35,920 | 266,383 | |||
Dear Life Company, Ltd. | 11,700 | 55,311 | |||
Delica Foods Holdings Company, Ltd. | 1,800 | 6,796 | |||
DeNA Company, Ltd. | 25,600 | 350,331 | |||
Densan System Holdings Company, Ltd. | 2,200 | 37,935 | |||
Denyo Company, Ltd. | 6,300 | 73,839 | |||
Dexerials Corp. | 17,500 | 486,563 | |||
Diamond Electric Holdings Company, Ltd. | 1,600 | 15,117 | |||
DIC Corp. | 17,100 | 306,617 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 40 |
Shares | Value | ||||
Japan (continued) | |||||
Digital Arts, Inc. | 4,000 | $185,895 | |||
Digital Garage, Inc. | 10,200 | 284,326 | |||
Digital Hearts Holdings Company, Ltd. | 3,200 | 42,212 | |||
Digital Holdings, Inc. | 4,900 | 45,717 | |||
Digital Information Technologies Corp. | 2,800 | 31,399 | |||
Dip Corp. | 10,500 | 271,580 | |||
Direct Marketing MiX, Inc. | 7,000 | 92,694 | |||
DKK Company, Ltd. | 4,400 | 79,634 | |||
DKK-Toa Corp. | 2,500 | 15,160 | |||
DKS Company, Ltd. | 3,000 | 47,616 | |||
DMG Mori Company, Ltd. | 37,400 | 485,395 | |||
Doshisha Company, Ltd. | 6,600 | 72,158 | |||
Double Standard, Inc. | 1,400 | 24,134 | |||
Doutor Nichires Holdings Company, Ltd. | 10,293 | 119,044 | |||
Drecom Company, Ltd. (A) | 4,400 | 26,544 | |||
DTS Corp. (B) | 12,800 | 329,784 | |||
Duskin Company, Ltd. | 12,700 | 261,803 | |||
Dvx, Inc. | 1,200 | 7,908 | |||
DyDo Group Holdings, Inc. | 3,400 | 113,438 | |||
Eagle Industry Company, Ltd. | 11,000 | 92,423 | |||
Earth Corp. | 5,000 | 195,602 | |||
EAT&HOLDINGS Company, Ltd. | 1,800 | 28,830 | |||
Ebara Foods Industry, Inc. | 2,200 | 49,898 | |||
Ebara Jitsugyo Company, Ltd. | 4,400 | 70,350 | |||
Ebase Company, Ltd. | 8,000 | 31,764 | |||
Eco’s Company, Ltd. (B) | 2,200 | 29,671 | |||
EDION Corp. (B) | 26,400 | 227,098 | |||
EF-ON, Inc. | 6,680 | 32,491 | |||
eGuarantee, Inc. | 11,200 | 183,879 | |||
E-Guardian, Inc. | 2,900 | 62,416 | |||
Eidai Company, Ltd. | 12,000 | 21,728 | |||
Eiken Chemical Company, Ltd. | 11,600 | 158,539 | |||
Eizo Corp. | 5,700 | 155,150 | |||
Elan Corp. | 10,800 | 87,692 | |||
Elecom Company, Ltd. (B) | 14,100 | 171,585 | |||
Elematec Corp. | 6,800 | 66,314 | |||
Enigmo, Inc. | 8,500 | 33,580 | |||
en-japan, Inc. | 9,900 | 169,187 | |||
Enomoto Company, Ltd. | 900 | 9,985 | |||
Enplas Corp. | 2,600 | 78,805 | |||
Entrust, Inc. | 3,300 | 15,398 | |||
eRex Company, Ltd. | 8,000 | 160,795 | |||
ERI Holdings Company, Ltd. | 1,000 | 7,220 | |||
ES-Con Japan, Ltd. | 11,000 | 63,427 |
41 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Eslead Corp. | 2,800 | $34,803 | |||
ESPEC Corp. | 7,400 | 96,721 | |||
Exedy Corp. | 10,100 | 130,136 | |||
EXEO Group, Inc. | 3,800 | 58,301 | |||
Ezaki Glico Company, Ltd. | 12,000 | 312,236 | |||
F&M Company, Ltd. | 2,400 | 40,715 | |||
Faith, Inc. | 3,110 | 12,754 | |||
FALCO HOLDINGS Company, Ltd. | 3,200 | 41,620 | |||
Fast Fitness Japan, Inc. | 800 | 8,280 | |||
FCC Company, Ltd. | 13,400 | 138,686 | |||
FDK Corp. (A) | 5,300 | 33,027 | |||
Feed One Company, Ltd. | 8,108 | 40,855 | |||
Felissimo Corp. | 1,900 | 14,141 | |||
Fenwal Controls of Japan, Ltd. | 700 | 7,106 | |||
Ferrotec Holdings Corp. | 14,100 | 320,939 | |||
Fibergate, Inc. | 2,500 | 18,337 | |||
FIDEA Holdings Company, Ltd. | 6,540 | 62,073 | |||
Fields Corp. | 2,600 | 25,195 | |||
Financial Products Group Company, Ltd. | 21,000 | 188,544 | |||
FINDEX, Inc. | 3,900 | 18,568 | |||
First Brothers Company, Ltd. | 900 | 5,471 | |||
First Juken Company, Ltd. | 3,400 | 27,578 | |||
First-corp, Inc. | 2,000 | 10,676 | |||
Fixstars Corp. | 7,200 | 63,092 | |||
FJ Next Holdings Company, Ltd. | 7,600 | 56,213 | |||
Focus Systems Corp. | 2,900 | 20,912 | |||
Forum Engineering, Inc. | 2,800 | 19,161 | |||
Forval Corp. | 1,600 | 11,872 | |||
Foster Electric Company, Ltd. | 9,200 | 51,298 | |||
FP Corp. | 4,900 | 115,026 | |||
France Bed Holdings Company, Ltd. | 8,800 | 62,377 | |||
FreakOut Holdings, Inc. (A) | 3,000 | 30,914 | |||
Freebit Company, Ltd. | 3,500 | 22,524 | |||
Freund Corp. | 3,000 | 15,865 | |||
Fronteo, Inc. (B) | 2,500 | 14,462 | |||
Frontier Management, Inc. | 1,000 | 9,691 | |||
F-Tech, Inc. | 5,900 | 22,104 | |||
FTGroup Company, Ltd. | 3,000 | 19,403 | |||
Fudo Tetra Corp. | 5,420 | 61,049 | |||
Fuji Company, Ltd. (B) | 6,900 | 99,220 | |||
Fuji Corp. (Aichi) | 19,500 | 283,638 | |||
Fuji Corp. (Miyagi) | 3,800 | 34,186 | |||
Fuji Corp., Ltd. | 8,700 | 41,500 | |||
Fuji Die Company, Ltd. | 1,000 | 4,485 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 42 |
Shares | Value | ||||
Japan (continued) | |||||
Fuji Kyuko Company, Ltd. | 7,400 | $217,699 | |||
Fuji Media Holdings, Inc. | 9,000 | 71,224 | |||
Fuji Oil Company, Ltd. (A) | 9,700 | 25,885 | |||
Fuji Oil Holdings, Inc. | 15,100 | 257,030 | |||
Fuji Pharma Company, Ltd. | 6,400 | 47,058 | |||
Fuji Seal International, Inc. | 15,200 | 168,613 | |||
Fuji Soft, Inc. | 4,200 | 245,221 | |||
Fujibo Holdings, Inc. | 3,700 | 96,006 | |||
Fujicco Company, Ltd. | 5,900 | 82,654 | |||
Fujikura Composites, Inc. | 6,700 | 49,197 | |||
Fujikura Kasei Company, Ltd. | 9,600 | 32,726 | |||
Fujikura, Ltd. (A) | 80,500 | 571,654 | |||
Fujimi, Inc. | 3,800 | 181,895 | |||
Fujimori Kogyo Company, Ltd. | 5,300 | 134,096 | |||
Fujisash Company, Ltd. | 45,100 | 22,678 | |||
Fujishoji Company, Ltd. | 2,400 | 15,409 | |||
Fujitsu General, Ltd. | 4,800 | 101,554 | |||
Fujiya Company, Ltd. | 3,900 | 66,628 | |||
FuKoKu Company, Ltd. | 3,000 | 21,821 | |||
Fukuda Corp. | 2,200 | 77,656 | |||
Fukuda Denshi Company, Ltd. | 2,800 | 153,672 | |||
Fukui Computer Holdings, Inc. | 3,800 | 96,786 | |||
Fukushima Galilei Company, Ltd. | 4,800 | 125,203 | |||
Fukuyama Transporting Company, Ltd. | 6,300 | 143,087 | |||
FULLCAST Holdings Company, Ltd. | 7,000 | 122,477 | |||
Funai Soken Holdings, Inc. | 12,830 | 219,783 | |||
Furukawa Company, Ltd. | 11,600 | 105,168 | |||
Furukawa Electric Company, Ltd. | 21,100 | 369,635 | |||
Furuno Electric Company, Ltd. | 8,600 | 69,239 | |||
Furuya Metal Company, Ltd. | 1,000 | 69,387 | |||
Furyu Corp. | 5,600 | 40,845 | |||
Fuso Chemical Company, Ltd. | 5,800 | 146,526 | |||
Fuso Pharmaceutical Industries, Ltd. | 2,500 | 37,546 | |||
Futaba Corp. | 14,757 | 70,054 | |||
Futaba Industrial Company, Ltd. | 23,200 | 59,989 | |||
Future Corp. | 14,400 | 175,188 | |||
Fuyo General Lease Company, Ltd. | 5,200 | 307,071 | |||
G-7 Holdings, Inc. | 8,400 | 90,066 | |||
Gakken Holdings Company, Ltd. | 8,100 | 57,078 | |||
Gakkyusha Company, Ltd. | 2,400 | 28,178 | |||
Gecoss Corp. | 6,500 | 38,220 | |||
Genki Sushi Company, Ltd. (B) | 2,100 | 42,418 | |||
Genky DrugStores Company, Ltd. | 3,000 | 78,890 | |||
Geo Holdings Corp. | 8,800 | 104,293 |
43 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Gift Holdings, Inc. | 800 | $17,366 | |||
Gig Works, Inc. | 1,800 | 5,434 | |||
Giken, Ltd. | 100 | 2,328 | |||
GL Sciences, Inc. | 2,800 | 47,176 | |||
GLOBERIDE, Inc. | 6,200 | 121,510 | |||
Glory, Ltd. | 13,800 | 217,886 | |||
Glosel Company, Ltd. | 4,400 | 13,327 | |||
GMO Financial Gate, Inc. | 200 | 21,623 | |||
GMO Financial Holdings, Inc. | 9,400 | 51,141 | |||
GMO GlobalSign Holdings KK | 1,600 | 58,146 | |||
Godo Steel, Ltd. (A) | 2,300 | 30,228 | |||
Goldcrest Company, Ltd. | 5,770 | 71,894 | |||
Golf Digest Online, Inc. | 2,700 | 40,917 | |||
Good Com Asset Company, Ltd. | 2,400 | 23,064 | |||
Grandy House Corp. | 5,700 | 22,402 | |||
Gremz, Inc. | 2,600 | 33,940 | |||
GS Yuasa Corp. | 20,600 | 373,811 | |||
GSI Creos Corp. (B) | 2,200 | 25,342 | |||
G-Tekt Corp. | 8,800 | 88,014 | |||
Gun-Ei Chemical Industry Company, Ltd. | 1,900 | 34,129 | |||
GungHo Online Entertainment, Inc. | 14,300 | 236,145 | |||
Gunze, Ltd. | 5,500 | 155,448 | |||
H.U. Group Holdings, Inc. | 17,200 | 349,353 | |||
H2O Retailing Corp. | 25,500 | 179,658 | |||
HABA Laboratories, Inc. | 700 | 13,077 | |||
Hagihara Industries, Inc. | 4,100 | 32,518 | |||
Hagiwara Electric Holdings Company, Ltd. | 3,100 | 52,558 | |||
Hakudo Company, Ltd. | 2,400 | 46,529 | |||
Hakuto Company, Ltd. | 4,400 | 104,534 | |||
Halows Company, Ltd. | 3,100 | 68,081 | |||
Hamakyorex Company, Ltd. | 5,800 | 132,069 | |||
Hamee Corp. | 1,000 | 7,779 | |||
Handsman Company, Ltd. | 1,300 | 8,401 | |||
Hanwa Company, Ltd. | 10,900 | 269,652 | |||
Happinet Corp. | 6,000 | 69,519 | |||
Hard Off Corp. Company, Ltd. | 3,900 | 35,574 | |||
Harima Chemicals Group, Inc. | 6,000 | 40,044 | |||
Hashimoto Sogyo Holdings Company, Ltd. | 1,200 | 17,493 | |||
Hazama Ando Corp. | 53,200 | 329,942 | |||
Heiwa Corp. | 17,300 | 263,171 | |||
Heiwa Real Estate Company, Ltd. | 10,400 | 293,265 | |||
Heiwado Company, Ltd. | 9,200 | 131,500 | |||
Hennge KK (A)(B) | 4,800 | 35,030 | |||
Hibiya Engineering, Ltd. | 7,000 | 93,595 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 44 |
Shares | Value | ||||
Japan (continued) | |||||
HI-LEX Corp. | 8,000 | $61,686 | |||
Himaraya Company, Ltd. (B) | 1,700 | 11,864 | |||
Hioki EE Corp. | 2,800 | 135,963 | |||
Hirakawa Hewtech Corp. | 3,600 | 29,811 | |||
Hirano Tecseed Company, Ltd. | 3,200 | 42,607 | |||
Hirata Corp. | 2,900 | 94,544 | |||
Hirogin Holdings, Inc. | 78,300 | 344,548 | |||
Hirose Tusyo, Inc. | 600 | 11,586 | |||
Hiroshima Electric Railway Company, Ltd. (A) | 100 | 611 | |||
Hiroshima Gas Company, Ltd. | 16,200 | 38,060 | |||
Hisaka Works, Ltd. | 6,800 | 40,548 | |||
Hitachi Zosen Corp. | 52,580 | 331,911 | |||
Hito Communications Holdings, Inc. | 2,000 | 24,759 | |||
Hochiki Corp. | 5,500 | 53,017 | |||
Hodogaya Chemical Company, Ltd. | 2,300 | 53,578 | |||
Hogy Medical Company, Ltd. | 5,600 | 140,058 | |||
Hokkaido Coca-Cola Bottling Company, Ltd. | 800 | 23,549 | |||
Hokkaido Electric Power Company, Inc. | 60,200 | 220,965 | |||
Hokkaido Gas Company, Ltd. | 5,600 | 65,617 | |||
Hokkan Holdings, Ltd. | 2,600 | 24,939 | |||
Hokko Chemical Industry Company, Ltd. | 7,600 | 57,736 | |||
Hokkoku Financial Holdings, Inc. | 7,100 | 251,191 | |||
Hokuetsu Corp. | 39,200 | 210,960 | |||
Hokuetsu Industries Company, Ltd. | 9,000 | 62,206 | |||
Hokuhoku Financial Group, Inc. | 37,000 | 219,857 | |||
Hokuriku Electric Industry Company, Ltd. | 3,100 | 24,581 | |||
Hokuriku Electric Power Company | 52,300 | 191,747 | |||
Hokuriku Electrical Construction Company, Ltd. | 5,640 | 30,863 | |||
Hokuto Corp. | 7,900 | 109,265 | |||
Honda Tsushin Kogyo Company, Ltd. | 8,400 | 42,462 | |||
H-One Company, Ltd. | 7,700 | 33,526 | |||
Honeys Holdings Company, Ltd. | 7,760 | 68,811 | |||
Honma Golf, Ltd. (D) | 30,500 | 12,805 | |||
Hoosiers Holdings Company, Ltd. | 11,500 | 66,720 | |||
Horiba, Ltd. | 2,800 | 127,551 | |||
Hosiden Corp. | 16,100 | 182,924 | |||
Hosokawa Micron Corp. | 5,400 | 101,939 | |||
Hotland Company, Ltd. | 1,800 | 16,885 | |||
Howa Machinery, Ltd. | 5,300 | 32,609 | |||
HPC Systems, Inc. (A) | 800 | 14,765 | |||
HS Holdings Company, Ltd. | 9,800 | 81,999 | |||
IBJ, Inc. | 7,700 | 51,889 | |||
Ichigo, Inc. | 49,900 | 109,056 | |||
Ichiken Company, Ltd. | 2,300 | 29,996 |
45 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Ichikoh Industries, Ltd. | 14,100 | $38,265 | |||
Ichimasa Kamaboko Company, Ltd. | 2,700 | 15,405 | |||
Ichinen Holdings Company, Ltd. | 5,400 | 49,246 | |||
Ichiyoshi Securities Company, Ltd. | 9,100 | 41,465 | |||
Icom, Inc. | 2,500 | 47,703 | |||
ID Holdings Corp. | 4,950 | 32,156 | |||
IDEA Consultants, Inc. | 700 | 8,729 | |||
IDEC Corp. | 10,900 | 227,721 | |||
IDOM, Inc. | 18,200 | 107,714 | |||
Ihara Science Corp. | 2,200 | 36,460 | |||
Iino Kaiun Kaisha, Ltd. | 29,300 | 172,173 | |||
IJTT Company, Ltd. | 7,760 | 29,575 | |||
Ikegami Tsushinki Company, Ltd. | 1,900 | 8,233 | |||
I’ll, Inc. | 3,600 | 45,711 | |||
IMAGICA GROUP, Inc. | 5,400 | 34,942 | |||
Imasen Electric Industrial | 1,900 | 7,882 | |||
i-mobile Company, Ltd. | 1,300 | 13,331 | |||
Impact HD, Inc. (A) | 800 | 20,643 | |||
Imuraya Group Company, Ltd. | 2,700 | 43,824 | |||
Inaba Denki Sangyo Company, Ltd. | 16,100 | 317,505 | |||
Inaba Seisakusho Company, Ltd. | 3,100 | 29,745 | |||
Inabata & Company, Ltd. | 13,400 | 234,479 | |||
Inageya Company, Ltd. | 5,700 | 50,371 | |||
I-NE Company, Ltd. (A) | 500 | 18,562 | |||
Ines Corp. | 6,100 | 68,094 | |||
i-Net Corp. | 4,600 | 44,503 | |||
Infocom Corp. | 6,900 | 99,962 | |||
Infomart Corp. | 37,600 | 112,558 | |||
Information Services International-Dentsu, Ltd. | 4,200 | 136,332 | |||
INFRONEER Holdings, Inc. | 56,416 | 403,266 | |||
Innotech Corp. | 3,800 | 37,132 | |||
Insource Company, Ltd. | 7,900 | 158,537 | |||
Intage Holdings, Inc. | 12,800 | 146,986 | |||
Intelligent Wave, Inc. | 2,900 | 19,161 | |||
Inter Action Corp. | 3,100 | 41,047 | |||
Inui Global Logistics Company, Ltd. | 2,800 | 42,893 | |||
I-PEX, Inc. | 4,400 | 43,295 | |||
IPS, Inc. | 700 | 14,936 | |||
IR Japan Holdings, Ltd. | 2,500 | 45,840 | |||
Iriso Electronics Company, Ltd. | 7,400 | 220,782 | |||
I’rom Group Company, Ltd. | 2,800 | 48,471 | |||
ISB Corp. | 2,600 | 23,709 | |||
Ise Chemicals Corp. | 600 | 18,039 | |||
Iseki & Company, Ltd. | 6,700 | 60,952 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 46 |
Shares | Value | ||||
Japan (continued) | |||||
Ishihara Chemical Company, Ltd. | 3,600 | $34,328 | |||
Ishihara Sangyo Kaisha, Ltd. | 11,400 | 91,615 | |||
Ishii Iron Works Company, Ltd. | 900 | 18,335 | |||
Ishizuka Glass Company, Ltd. | 1,000 | 11,720 | |||
Istyle, Inc. (A) | 7,500 | 27,552 | |||
ITbook Holdings Company, Ltd. (A) | 4,000 | 11,657 | |||
ITFOR, Inc. | 11,200 | 63,537 | |||
ITmedia, Inc. | 3,500 | 45,372 | |||
Itochu Enex Company, Ltd. | 16,700 | 131,022 | |||
Itochu-Shokuhin Company, Ltd. | 2,100 | 76,856 | |||
Itoham Yonekyu Holdings, Inc. | 40,600 | 196,342 | |||
Itoki Corp. | 16,100 | 50,607 | |||
IwaiCosmo Holdings, Inc. | 7,900 | 71,275 | |||
Iwaki Company, Ltd. | 2,600 | 23,185 | |||
Iwasaki Electric Company, Ltd. | 2,400 | 44,657 | |||
Iwatsu Electric Company, Ltd. (A) | 3,700 | 20,828 | |||
Iwatsuka Confectionery Company, Ltd. | 1,500 | 44,182 | |||
Izumi Company, Ltd. | 9,100 | 196,389 | |||
J Front Retailing Company, Ltd. (B) | 4,100 | 32,495 | |||
J Trust Company, Ltd. | 25,600 | 113,215 | |||
JAC Recruitment Company, Ltd. | 6,000 | 84,925 | |||
Jaccs Company, Ltd. | 7,200 | 198,001 | |||
JAFCO Group Company, Ltd. | 20,900 | 302,471 | |||
JANOME Corp. | 6,500 | 32,842 | |||
Japan Animal Referral Medical Center Company, Ltd. (A) | 600 | 8,254 | |||
Japan Aviation Electronics Industry, Ltd. | 15,400 | 257,537 | |||
Japan Best Rescue System Company, Ltd. | 6,200 | 33,257 | |||
Japan Cash Machine Company, Ltd. | 9,300 | 44,051 | |||
Japan Communications, Inc. (A) | 61,000 | 99,312 | |||
Japan Electronic Materials Corp. | 4,300 | 48,279 | |||
Japan Elevator Service Holdings Company, Ltd. | 19,400 | 258,692 | |||
Japan Foundation Engineering Company, Ltd. | 6,600 | 25,099 | |||
Japan Hospice Holdings, Inc. (A) | 600 | 9,420 | |||
Japan Investment Adviser Company, Ltd. | 4,600 | 44,529 | |||
Japan Lifeline Company, Ltd. | 20,200 | 146,644 | |||
Japan Material Company, Ltd. | 20,600 | 285,111 | |||
Japan Medical Dynamic Marketing, Inc. | 4,900 | 47,888 | |||
Japan Oil Transportation Company, Ltd. | 1,100 | 19,202 | |||
Japan Petroleum Exploration Company, Ltd. | 10,300 | 293,452 | |||
Japan Property Management Center Company, Ltd. | 4,300 | 30,676 | |||
Japan Pulp & Paper Company, Ltd. | 4,500 | 141,150 | |||
Japan Pure Chemical Company, Ltd. | 1,000 | 17,354 | |||
Japan Securities Finance Company, Ltd. | 33,700 | 201,302 | |||
Japan System Techniques Company, Ltd. | 600 | 11,488 |
47 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Japan Transcity Corp. | 14,700 | $53,792 | |||
Jastec Company, Ltd. | 3,500 | 30,669 | |||
JBCC Holdings, Inc. | 5,800 | 76,007 | |||
JCR Pharmaceuticals Company, Ltd. | 1,900 | 29,456 | |||
JCU Corp. | 6,300 | 148,518 | |||
JDC Corp. | 1,900 | 8,246 | |||
JFE Systems, Inc. | 1,500 | 25,147 | |||
JIG-SAW, Inc. (A)(B) | 1,400 | 50,660 | |||
Jimoto Holdings, Inc. | 7,179 | 28,548 | |||
JINS Holdings, Inc. | 4,600 | 140,313 | |||
JINUSHI Company, Ltd. (B) | 4,400 | 63,312 | |||
JK Holdings Company, Ltd. | 6,100 | 44,659 | |||
J-Lease Company, Ltd. | 300 | 5,541 | |||
JM Holdings Company, Ltd. | 4,400 | 50,369 | |||
JMS Company, Ltd. | 7,500 | 30,234 | |||
Joban Kosan Company, Ltd. (A) | 2,000 | 18,658 | |||
J-Oil Mills, Inc. | 7,200 | 82,762 | |||
Joshin Denki Company, Ltd. | 6,900 | 95,051 | |||
Joyful Honda Company, Ltd. | 14,300 | 178,377 | |||
JP-Holdings, Inc. | 14,400 | 25,885 | |||
JSB Company, Ltd. | 1,600 | 39,874 | |||
JSP Corp. | 4,200 | 43,597 | |||
Juki Corp. | 11,500 | 58,244 | |||
Juroku Financial Group, Inc. | 11,000 | 194,641 | |||
Justsystems Corp. | 3,200 | 80,343 | |||
JVCKenwood Corp. | 59,828 | 87,824 | |||
K&O Energy Group, Inc. | 3,900 | 47,125 | |||
Kadoya Sesame Mills, Inc. | 400 | 10,281 | |||
Kaga Electronics Company, Ltd. | 6,500 | 192,410 | |||
Kagome Company, Ltd. | 2,100 | 46,318 | |||
Kaken Pharmaceutical Company, Ltd. | 7,300 | 202,586 | |||
Kakiyasu Honten Company, Ltd. | 3,400 | 57,174 | |||
Kamakura Shinsho, Ltd. | 5,600 | 26,481 | |||
Kameda Seika Company, Ltd. | 4,400 | 143,736 | |||
Kamei Corp. | 9,300 | 73,166 | |||
Kamigumi Company, Ltd. | 2,600 | 50,879 | |||
Kanaden Corp. | 5,700 | 43,497 | |||
Kanagawa Chuo Kotsu Company, Ltd. (B) | 1,600 | 42,915 | |||
Kanamic Network Company, Ltd. | 7,800 | 30,907 | |||
Kanamoto Company, Ltd. | 11,500 | 177,034 | |||
Kandenko Company, Ltd. | 33,000 | 198,577 | |||
Kaneka Corp. | 11,900 | 319,180 | |||
Kaneko Seeds Company, Ltd. | 3,900 | 44,839 | |||
Kanematsu Corp. | 26,000 | 281,268 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 48 |
Shares | Value | ||||
Japan (continued) | |||||
Kanematsu Electronics, Ltd. | 4,100 | $125,078 | |||
Kanemi Company, Ltd. (B) | 1,000 | 20,009 | |||
Kanto Denka Kogyo Company, Ltd. | 15,500 | 111,361 | |||
Katakura & Co-op Agri Corp. | 1,100 | 10,369 | |||
Katakura Industries Company, Ltd. (A) | 9,600 | 140,054 | |||
Katitas Company, Ltd. | 6,000 | 144,189 | |||
Kato Sangyo Company, Ltd. | 8,000 | 196,745 | |||
Kato Works Company, Ltd. | 3,800 | 21,048 | |||
Kawada Technologies, Inc. | 1,900 | 49,939 | |||
Kawai Musical Instruments Manufacturing Company, Ltd. | 2,500 | 49,067 | |||
Kawata Manufacturing Company, Ltd. | 1,600 | 10,534 | |||
KeePer Technical Laboratory Company, Ltd. | 4,600 | 135,023 | |||
Keihanshin Building Company, Ltd. | 11,500 | 103,803 | |||
Keisei Electric Railway Company, Ltd. | 1,804 | 50,325 | |||
KEIWA, Inc. | 1,700 | 53,640 | |||
Keiyo Company, Ltd. | 14,000 | 91,690 | |||
KEL Corp. | 1,900 | 22,843 | |||
Kenko Mayonnaise Company, Ltd. | 5,300 | 58,198 | |||
KeyHolder, Inc. | 1,100 | 6,692 | |||
KFC Holdings Japan, Ltd. | 4,900 | 98,561 | |||
KFC, Ltd. | 700 | 8,353 | |||
KH Neochem Company, Ltd. | 11,000 | 202,422 | |||
Kimoto Company, Ltd. | 15,600 | 28,721 | |||
Kimura Chemical Plants Company, Ltd. | 5,900 | 33,359 | |||
Kimura Unity Company, Ltd. | 1,200 | 7,077 | |||
King Company, Ltd. | 2,300 | 7,396 | |||
Kissei Pharmaceutical Company, Ltd. | 8,600 | 153,124 | |||
Ki-Star Real Estate Company, Ltd. (B) | 2,800 | 98,286 | |||
Kitagawa Corp. | 3,400 | 32,823 | |||
Kitano Construction Corp. | 1,500 | 24,760 | |||
Kitanotatsujin Corp. (B) | 21,400 | 36,535 | |||
Kito Corp. | 7,200 | 139,660 | |||
Kitz Corp. | 22,100 | 128,859 | |||
KLab, Inc. (A) | 1,900 | 5,510 | |||
Koa Corp. | 11,100 | 187,693 | |||
Koatsu Gas Kogyo Company, Ltd. | 12,200 | 58,611 | |||
Kobe Electric Railway Company, Ltd. (A) | 2,300 | 56,155 | |||
Kobe Steel, Ltd. | 75,120 | 341,792 | |||
Kohnan Shoji Company, Ltd. | 7,300 | 180,950 | |||
Kohsoku Corp. | 3,200 | 35,416 | |||
Kojima Company, Ltd. (B) | 13,300 | 60,979 | |||
Kokusai Pulp & Paper Company, Ltd. | 11,900 | 60,657 | |||
Kokuyo Company, Ltd. | 25,173 | 324,207 | |||
KOMAIHALTEC, Inc. | 1,200 | 14,432 |
49 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Komatsu Matere Company, Ltd. | 5,300 | $34,891 | |||
Komatsu Wall Industry Company, Ltd. | 2,700 | 37,026 | |||
KOMEDA Holdings Company, Ltd. | 14,500 | 239,252 | |||
Komehyo Holdings Company, Ltd. | 3,100 | 64,519 | |||
Komeri Company, Ltd. | 9,600 | 180,301 | |||
Komori Corp. | 14,424 | 79,686 | |||
Konaka Company, Ltd. | 10,500 | 26,489 | |||
Kondotec, Inc. | 7,100 | 52,191 | |||
Konica Minolta, Inc. | 140,800 | 487,518 | |||
Konishi Company, Ltd. | 11,200 | 131,027 | |||
Konoike Transport Company, Ltd. | 10,300 | 97,749 | |||
Konoshima Chemical Company, Ltd. | 1,800 | 18,379 | |||
Kosaido Holdings Company, Ltd. (A) | 4,900 | 42,145 | |||
Kotobukiya Company, Ltd. | 300 | 12,611 | |||
Kozo Keikaku Engineering, Inc. | 1,500 | 30,400 | |||
Krosaki Harima Corp. | 2,100 | 71,108 | |||
KRS Corp. | 4,500 | 41,771 | |||
K’s Holdings Corp. | 13,300 | 122,539 | |||
KU Holdings Company, Ltd. | 3,500 | 30,109 | |||
Kumagai Gumi Company, Ltd. | 11,100 | 212,352 | |||
Kumiai Chemical Industry Company, Ltd. | 15,690 | 122,248 | |||
Kunimine Industries Company, Ltd. | 2,100 | 12,884 | |||
Kurabo Industries, Ltd. | 5,000 | 76,284 | |||
Kureha Corp. | 4,900 | 329,050 | |||
Kurimoto, Ltd. | 3,300 | 39,163 | |||
Kuriyama Holdings Corp. | 5,400 | 34,572 | |||
Kusuri no Aoki Holdings Company, Ltd. | 5,200 | 229,377 | |||
KVK Corp. | 1,500 | 19,965 | |||
KYB Corp. | 6,400 | 151,374 | |||
Kyoden Company, Ltd. | 7,900 | 35,566 | |||
Kyodo Printing Company, Ltd. | 2,200 | 38,094 | |||
Kyoei Steel, Ltd. | 8,600 | 94,608 | |||
Kyokuto Boeki Kaisha, Ltd. | 2,600 | 24,942 | |||
Kyokuto Kaihatsu Kogyo Company, Ltd. | 10,500 | 103,040 | |||
Kyokuto Securities Company, Ltd. | 9,900 | 49,580 | |||
Kyokuyo Company, Ltd. | 3,800 | 99,455 | |||
KYORIN Holdings, Inc. | 12,900 | 162,170 | |||
Kyoritsu Printing Company, Ltd. | 9,100 | 9,716 | |||
Kyosan Electric Manufacturing Company, Ltd. | 14,900 | 45,807 | |||
Kyowa Electronic Instruments Company, Ltd. | 7,300 | 17,857 | |||
Kyowa Leather Cloth Company, Ltd. | 5,000 | 20,280 | |||
Kyudenko Corp. | 11,700 | 235,532 | |||
Kyushu Financial Group, Inc. | 97,400 | 266,028 | |||
Kyushu Leasing Service Company, Ltd. | 5,600 | 25,018 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 50 |
Shares | Value | ||||
Japan (continued) | |||||
LA Holdings Company, Ltd. | 700 | $15,287 | |||
LAC Company, Ltd. | 4,100 | 23,732 | |||
Lacto Japan Company, Ltd. | 2,600 | 42,011 | |||
LEC, Inc. | 8,500 | 46,361 | |||
Leopalace21 Corp. (A) | 11,900 | 28,249 | |||
Life Corp. | 5,200 | 97,626 | |||
LIFULL Company, Ltd. | 22,900 | 28,145 | |||
LIKE, Inc. | 3,100 | 49,970 | |||
Linical Company, Ltd. | 4,600 | 24,416 | |||
Link And Motivation, Inc. | 8,500 | 38,910 | |||
Lintec Corp. | 12,800 | 213,330 | |||
Litalico, Inc. | 6,600 | 137,891 | |||
Locondo, Inc. (A) | 3,100 | 28,465 | |||
Look Holdings, Inc. | 2,700 | 37,497 | |||
LTS, Inc. (A) | 400 | 9,021 | |||
M&A Capital Partners Company, Ltd. (A) | 4,300 | 106,110 | |||
Mabuchi Motor Company, Ltd. | 14,100 | 400,320 | |||
Macnica Holdings, Inc. | 16,400 | 351,886 | |||
Macromill, Inc. | 14,100 | 106,920 | |||
Maeda Kosen Company, Ltd. | 7,000 | 162,521 | |||
Maezawa Industries, Inc. | 5,000 | 23,105 | |||
Maezawa Kasei Industries Company, Ltd. | 5,500 | 51,950 | |||
Maezawa Kyuso Industries Company, Ltd. | 7,200 | 46,045 | |||
Makino Milling Machine Company, Ltd. | 7,015 | 221,360 | |||
Management Solutions Company, Ltd. (A)(B) | 3,400 | 67,917 | |||
Mandom Corp. | 11,800 | 126,924 | |||
Mani, Inc. | 25,600 | 320,905 | |||
MarkLines Company, Ltd. | 3,700 | 59,461 | |||
Mars Group Holdings Corp. | 4,500 | 51,459 | |||
Marubun Corp. | 5,900 | 33,753 | |||
Marudai Food Company, Ltd. | 6,700 | 75,970 | |||
Maruha Nichiro Corp. | 13,281 | 237,474 | |||
Maruichi Steel Tube, Ltd. | 11,700 | 249,420 | |||
MARUKA FURUSATO Corp. | 4,753 | 115,836 | |||
Marumae Company, Ltd. (B) | 3,000 | 44,309 | |||
Marusan Securities Company, Ltd. | 22,161 | 75,992 | |||
Maruwa Company, Ltd. | 2,800 | 352,230 | |||
Maruwa Unyu Kikan Company, Ltd. | 12,100 | 145,506 | |||
Maruzen CHI Holdings Company, Ltd. | 4,800 | 12,560 | |||
Maruzen Company, Ltd. | 4,100 | 54,439 | |||
Maruzen Showa Unyu Company, Ltd. | 4,700 | 107,324 | |||
Marvelous, Inc. | 12,700 | 61,876 | |||
Matching Service Japan Company, Ltd. | 3,100 | 17,686 | |||
Matsuda Sangyo Company, Ltd. | 3,620 | 62,895 |
51 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Matsui Construction Company, Ltd. | 8,500 | $36,787 | |||
Matsui Securities Company, Ltd. (B) | 35,700 | 203,375 | |||
Matsuoka Corp. | 900 | 6,242 | |||
Max Company, Ltd. | 5,400 | 77,622 | |||
Maxell, Ltd. | 16,300 | 172,885 | |||
Maxvalu Tokai Company, Ltd. | 2,600 | 50,581 | |||
MCJ Company, Ltd. | 24,600 | 171,010 | |||
Mebuki Financial Group, Inc. | 28,000 | 53,664 | |||
MEC Company, Ltd. | 5,300 | 94,386 | |||
Media Do Company, Ltd. | 2,600 | 38,244 | |||
Medical Data Vision Company, Ltd. | 8,300 | 66,483 | |||
Medical System Network Company, Ltd. | 6,600 | 20,216 | |||
Medikit Company, Ltd. | 1,400 | 22,752 | |||
Medius Holdings Company, Ltd. | 2,500 | 14,438 | |||
MedPeer, Inc. (A) | 4,500 | 51,169 | |||
Megachips Corp. | 5,900 | 115,990 | |||
Megmilk Snow Brand Company, Ltd. | 15,500 | 191,038 | |||
Meidensha Corp. | 10,717 | 153,618 | |||
Meiho Facility Works, Ltd. | 1,400 | 6,805 | |||
Meiji Electric Industries Company, Ltd. | 2,800 | 21,680 | |||
Meiji Shipping Company, Ltd. | 3,100 | 18,213 | |||
Meiko Electronics Company, Ltd. | 6,300 | 146,361 | |||
Meiko Network Japan Company, Ltd. | 5,000 | 21,825 | |||
Meisei Industrial Company, Ltd. | 12,700 | 68,305 | |||
Meitec Corp. | 24,000 | 421,967 | |||
Meito Sangyo Company, Ltd. | 3,500 | 41,942 | |||
Meiwa Corp. | 8,200 | 46,836 | |||
Melco Holdings, Inc. | 1,500 | 35,829 | |||
Members Company, Ltd. | 2,700 | 52,601 | |||
Menicon Company, Ltd. | 20,000 | 480,167 | |||
Mercuria Holdings Company, Ltd. | 1,700 | 7,488 | |||
Metaps, Inc. (A) | 1,600 | 6,483 | |||
MetaReal Corp. (A) | 1,800 | 14,966 | |||
METAWATER Company, Ltd. | 8,000 | 117,681 | |||
Micronics Japan Company, Ltd. | 9,600 | 98,339 | |||
Midac Holdings Company, Ltd. | 2,500 | 57,237 | |||
Mie Kotsu Group Holdings, Inc. | 19,600 | 68,053 | |||
Mikuni Corp. | 8,400 | 19,852 | |||
Milbon Company, Ltd. | 8,520 | 358,839 | |||
Mimaki Engineering Company, Ltd. (A) | 900 | 4,464 | |||
Mimasu Semiconductor Industry Company, Ltd. | 5,800 | 88,204 | |||
Ministop Company, Ltd. | 5,200 | 52,776 | |||
Minkabu The Infonoid, Inc. (A) | 300 | 4,556 | |||
Mipox Corp. | 4,100 | 18,574 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 52 |
Shares | Value | ||||
Japan (continued) | |||||
Miraial Company, Ltd. | 1,800 | $25,318 | |||
Mirait one Corp. | 30,020 | 337,397 | |||
Miroku Jyoho Service Company, Ltd. | 6,100 | 67,536 | |||
Mitani Corp. | 16,800 | 179,338 | |||
Mitani Sangyo Company, Ltd. | 8,100 | 17,991 | |||
Mitani Sekisan Company, Ltd. | 3,200 | 82,894 | |||
Mito Securities Company, Ltd. | 19,100 | 36,379 | |||
Mitsuba Corp. | 11,200 | 35,597 | |||
Mitsubishi Kakoki Kaisha, Ltd. | 2,600 | 43,071 | |||
Mitsubishi Logisnext Company, Ltd. | 10,700 | 64,089 | |||
Mitsubishi Logistics Corp. | 2,800 | 72,756 | |||
Mitsubishi Materials Corp. | 9,300 | 138,803 | |||
Mitsubishi Pencil Company, Ltd. | 10,400 | 104,278 | |||
Mitsubishi Research Institute, Inc. | 2,500 | 74,842 | |||
Mitsubishi Shokuhin Company, Ltd. | 4,900 | 120,275 | |||
Mitsubishi Steel Manufacturing Company, Ltd. | 4,600 | 34,157 | |||
Mitsuboshi Belting, Ltd. | 7,000 | 160,920 | |||
Mitsui DM Sugar Holdings Company, Ltd. | 6,500 | 87,476 | |||
Mitsui E&S Holdings Company, Ltd. (A) | 29,900 | 92,847 | |||
Mitsui Matsushima Holdings Company, Ltd. (B) | 4,100 | 107,349 | |||
Mitsui Mining & Smelting Company, Ltd. | 17,600 | 415,635 | |||
Mitsui-Soko Holdings Company, Ltd. | 7,100 | 171,608 | |||
Mitsuuroko Group Holdings Company, Ltd. | 10,800 | 76,276 | |||
Mixi, Inc. | 13,400 | 230,070 | |||
Miyaji Engineering Group, Inc. | 2,600 | 59,324 | |||
Miyoshi Oil & Fat Company, Ltd. | 2,600 | 18,652 | |||
Mizuho Leasing Company, Ltd. | 8,500 | 205,307 | |||
Mizuho Medy Company, Ltd. | 1,300 | 27,866 | |||
Mizuno Corp. | 6,300 | 121,212 | |||
Mobile Factory, Inc. (A) | 2,400 | 16,379 | |||
Mochida Pharmaceutical Company, Ltd. | 6,300 | 155,099 | |||
Molitec Steel Company, Ltd. | 6,100 | 12,709 | |||
Monex Group, Inc. | 55,900 | 199,356 | |||
MORESCO Corp. | 3,000 | 25,077 | |||
Morinaga & Company, Ltd. | 11,100 | 317,051 | |||
Morinaga Milk Industry Company, Ltd. | 9,600 | 293,523 | |||
Moriroku Holdings Company, Ltd. | 2,700 | 34,238 | |||
Morita Holdings Corp. | 11,100 | 100,990 | |||
Morito Company, Ltd. | 7,100 | 36,700 | |||
Morningstar Japan KK | 10,800 | 38,368 | |||
Morozoff, Ltd. | 2,000 | 54,318 | |||
Mortgage Service Japan, Ltd. | 2,400 | 16,217 | |||
Mory Industries, Inc. | 2,200 | 43,641 | |||
MRK Holdings, Inc. | 7,900 | 6,181 |
53 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
MrMax Holdings, Ltd. | 11,300 | $51,467 | |||
MTI, Ltd. | 8,800 | 32,426 | |||
Mugen Estate Company, Ltd. | 4,300 | 14,754 | |||
m-up Holdings, Inc. | 8,800 | 91,042 | |||
Murakami Corp. | 2,600 | 42,145 | |||
Musashi Company, Ltd. | 900 | 9,409 | |||
Musashi Seimitsu Industry Company, Ltd. | 14,700 | 178,086 | |||
Mutoh Holdings Company, Ltd. | 600 | 8,385 | |||
NAC Company, Ltd. | 3,500 | 23,803 | |||
Nachi-Fujikoshi Corp. | 4,600 | 124,808 | |||
Nadex Company, Ltd. | 1,200 | 6,885 | |||
Nafco Company, Ltd. | 5,000 | 58,009 | |||
Nagahori Corp. (B) | 1,800 | 15,760 | |||
Nagano Keiki Company, Ltd. | 5,500 | 43,300 | |||
Nagase & Company, Ltd. | 29,700 | 426,220 | |||
Nagatanien Holdings Company, Ltd. | 4,500 | 65,647 | |||
Nagawa Company, Ltd. | 1,800 | 105,214 | |||
Naigai Tec Corp. | 600 | 11,296 | |||
Naigai Trans Line, Ltd. | 2,800 | 43,125 | |||
Nakabayashi Company, Ltd. | 8,300 | 30,692 | |||
Nakamoto Packs Company, Ltd. | 800 | 9,086 | |||
Nakamura Choukou Company, Ltd. (A) | 1,900 | 8,397 | |||
Nakamuraya Company, Ltd. | 1,600 | 36,018 | |||
Nakanishi, Inc. | 21,300 | 413,029 | |||
Nakano Corp. | 7,900 | 17,057 | |||
Nakano Refrigerators Company, Ltd. | 300 | 12,987 | |||
Nakayama Steel Works, Ltd. | 10,000 | 39,338 | |||
Nakayo, Inc. | 1,000 | 7,798 | |||
Namura Shipbuilding Company, Ltd. (A) | 11,372 | 49,344 | |||
Nankai Electric Railway Company, Ltd. | 8,600 | 171,062 | |||
Narasaki Sangyo Company, Ltd. | 1,600 | 20,515 | |||
Natori Company, Ltd. | 4,000 | 60,250 | |||
NEC Capital Solutions, Ltd. | 3,800 | 58,652 | |||
NEC Networks & System Integration Corp. | 5,300 | 66,047 | |||
NEOJAPAN, Inc. | 800 | 6,473 | |||
NET One Systems Company, Ltd. | 26,400 | 581,682 | |||
Neturen Company, Ltd. | 12,900 | 63,570 | |||
New Art Holdings Company, Ltd. | 3,000 | 33,650 | |||
New Japan Chemical Company, Ltd. | 8,300 | 14,676 | |||
Nextage Company, Ltd. | 14,900 | 323,494 | |||
NexTone, Inc. (A) | 1,900 | 52,210 | |||
NF Holdings Corp. | 2,500 | 20,289 | |||
NHK Spring Company, Ltd. | 57,400 | 387,679 | |||
Nicca Chemical Company, Ltd. | 2,500 | 15,301 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 54 |
Shares | Value | ||||
Japan (continued) | |||||
Nice Corp. | 2,300 | $26,988 | |||
Nichia Steel Works, Ltd. | 11,800 | 21,406 | |||
Nichias Corp. | 18,200 | 314,305 | |||
Nichiban Company, Ltd. | 4,700 | 54,559 | |||
Nichicon Corp. | 14,573 | 153,280 | |||
Nichiden Corp. | 4,200 | 56,974 | |||
Nichiha Corp. | 9,300 | 185,328 | |||
Nichimo Company, Ltd. | 700 | 12,933 | |||
Nichireki Company, Ltd. | 9,400 | 91,881 | |||
Nichirin Company, Ltd. | 3,890 | 44,368 | |||
Nihon Chouzai Company, Ltd. | 4,960 | 47,716 | |||
Nihon Dempa Kogyo Company, Ltd. (A) | 5,700 | 61,940 | |||
Nihon Dengi Company, Ltd. | 1,400 | 32,862 | |||
Nihon Denkei Company, Ltd. | 2,100 | 21,099 | |||
Nihon Flush Company, Ltd. | 7,000 | 47,718 | |||
Nihon House Holdings Company, Ltd. | 13,300 | 40,577 | |||
Nihon Kagaku Sangyo Company, Ltd. | 3,200 | 27,436 | |||
Nihon Kohden Corp. | 5,100 | 116,472 | |||
Nihon Nohyaku Company, Ltd. | 15,800 | 97,184 | |||
Nihon Parkerizing Company, Ltd. | 28,100 | 193,412 | |||
Nihon Plast Company, Ltd. | 7,300 | 23,722 | |||
Nihon Tokushu Toryo Company, Ltd. | 5,000 | 33,972 | |||
Nihon Trim Company, Ltd. | 1,400 | 24,814 | |||
Niitaka Company, Ltd. | 800 | 13,790 | |||
Nikkiso Company, Ltd. | 19,500 | 142,145 | |||
Nikko Company, Ltd. | 11,600 | 53,008 | |||
Nikkon Holdings Company, Ltd. | 17,400 | 294,529 | |||
Nippi, Inc. | 400 | 9,891 | |||
Nippn Corp. | 16,900 | 190,609 | |||
Nippon Air Conditioning Services Company, Ltd. | 12,100 | 65,969 | |||
Nippon Aqua Company, Ltd. | 2,800 | 14,013 | |||
Nippon Avionics Company, Ltd. (A) | 300 | 6,010 | |||
Nippon Beet Sugar Manufacturing Company, Ltd. | 3,900 | 45,932 | |||
Nippon Carbide Industries Company, Inc. | 2,500 | 22,921 | |||
Nippon Carbon Company, Ltd. | 3,700 | 108,861 | |||
Nippon Care Supply Company, Ltd. | 700 | 7,434 | |||
Nippon Ceramic Company, Ltd. | 1,500 | 28,343 | |||
Nippon Chemical Industrial Company, Ltd. | 2,500 | 37,839 | |||
Nippon Chemi-Con Corp. (A) | 6,927 | 90,786 | |||
Nippon Coke & Engineering Company, Ltd. | 62,600 | 45,300 | |||
Nippon Concept Corp. | 3,300 | 42,403 | |||
Nippon Concrete Industries Company, Ltd. | 18,600 | 36,033 | |||
Nippon Denko Company, Ltd. | 31,900 | 84,674 | |||
Nippon Densetsu Kogyo Company, Ltd. | 10,900 | 140,250 |
55 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Nippon Dry-Chemical Company, Ltd. | 900 | $10,634 | |||
Nippon Electric Glass Company, Ltd. | 6,800 | 128,064 | |||
Nippon Felt Company, Ltd. | 5,500 | 16,433 | |||
Nippon Filcon Company, Ltd. (B) | 5,600 | 19,588 | |||
Nippon Fine Chemical Company, Ltd. | 4,400 | 61,417 | |||
Nippon Gas Company, Ltd. | 34,800 | 553,949 | |||
Nippon Hume Corp. | 8,600 | 42,752 | |||
Nippon Kayaku Company, Ltd. | 31,200 | 271,067 | |||
Nippon Kodoshi Corp. | 2,000 | 31,306 | |||
Nippon Koei Company, Ltd. | 3,700 | 94,749 | |||
Nippon Light Metal Holdings Company, Ltd. | 17,720 | 203,896 | |||
Nippon Paper Industries Company, Ltd. | 31,000 | 202,272 | |||
Nippon Parking Development Company, Ltd. | 73,000 | 84,374 | |||
Nippon Pillar Packing Company, Ltd. | 6,100 | 113,542 | |||
Nippon Piston Ring Company, Ltd. | 3,400 | 31,095 | |||
Nippon Rietec Company, Ltd. | 3,000 | 18,265 | |||
Nippon Seiki Company, Ltd. | 18,100 | 107,000 | |||
Nippon Seisen Company, Ltd. | 1,000 | 33,551 | |||
Nippon Sharyo, Ltd. | 3,000 | 46,674 | |||
Nippon Sheet Glass Company, Ltd. (A) | 16,200 | 61,768 | |||
Nippon Shokubai Company, Ltd. | 6,100 | 241,888 | |||
Nippon Signal Company, Ltd. | 16,800 | 112,296 | |||
Nippon Soda Company, Ltd. | 7,400 | 244,701 | |||
Nippon Steel Trading Corp. | 4,568 | 175,752 | |||
Nippon Suisan Kaisha, Ltd. | 89,100 | 364,601 | |||
Nippon Thompson Company, Ltd. | 16,500 | 67,764 | |||
Nippon Yakin Kogyo Company, Ltd. | 5,220 | 107,772 | |||
Nipro Corp. | 45,000 | 366,356 | |||
Nireco Corp. | 1,900 | 13,058 | |||
Nishikawa Rubber Company, Ltd. | 5,200 | 45,457 | |||
Nishimatsu Construction Company, Ltd. | 11,000 | 319,431 | |||
Nishimatsuya Chain Company, Ltd. (B) | 13,000 | 152,267 | |||
Nishimoto Company, Ltd. | 1,500 | 42,028 | |||
Nishi-Nippon Financial Holdings, Inc. | 37,800 | 200,551 | |||
Nishi-Nippon Railroad Company, Ltd. | 18,000 | 372,454 | |||
Nishio Rent All Company, Ltd. | 6,700 | 139,781 | |||
Nissan Shatai Company, Ltd. | 22,700 | 125,439 | |||
Nissan Tokyo Sales Holdings Company, Ltd. | 8,300 | 17,756 | |||
Nissei ASB Machine Company, Ltd. | 2,800 | 82,300 | |||
Nissei Plastic Industrial Company, Ltd. | 5,600 | 38,956 | |||
Nissha Company, Ltd. | 15,200 | 197,659 | |||
Nisshin Group Holdings Company, Ltd. | 10,300 | 31,908 | |||
Nisshinbo Holdings, Inc. | 40,157 | 310,755 | |||
Nissin Corp. | 5,200 | 69,285 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 56 |
Shares | Value | ||||
Japan (continued) | |||||
Nissin Electric Company, Ltd. | 15,900 | $169,444 | |||
Nissin Sugar Company, Ltd. | 4,100 | 51,996 | |||
Nisso Corp. | 4,000 | 16,355 | |||
Nitta Corp. | 7,100 | 149,220 | |||
Nitta Gelatin, Inc. | 3,400 | 19,615 | |||
Nittetsu Mining Company, Ltd. | 2,000 | 88,568 | |||
Nitto Boseki Company, Ltd. | 7,100 | 128,618 | |||
Nitto Fuji Flour Milling Company, Ltd. | 800 | 27,763 | |||
Nitto Kogyo Corp. | 8,300 | 153,118 | |||
Nitto Kohki Company, Ltd. | 3,400 | 40,277 | |||
Nitto Seiko Company, Ltd. | 8,700 | 33,795 | |||
Nittoc Construction Company, Ltd. | 5,200 | 33,712 | |||
Nittoku Company, Ltd. | 1,400 | 26,825 | |||
NJS Company, Ltd. | 2,800 | 40,219 | |||
Noda Corp. | 2,500 | 23,047 | |||
Noevir Holdings Company, Ltd. | 5,300 | 219,586 | |||
Nohmi Bosai, Ltd. | 6,200 | 73,377 | |||
Nojima Corp. | 10,300 | 207,516 | |||
NOK Corp. | 24,600 | 218,638 | |||
Nomura Micro Science Company, Ltd. | 2,000 | 52,746 | |||
Noritake Company, Ltd. | 3,400 | 102,194 | |||
Noritsu Koki Company, Ltd. | 6,800 | 126,387 | |||
Noritz Corp. | 10,700 | 118,662 | |||
North Pacific Bank, Ltd. | 98,400 | 162,875 | |||
Nozawa Corp. | 2,600 | 13,165 | |||
NS Tool Company, Ltd. (B) | 5,400 | 43,384 | |||
NS United Kaiun Kaisha, Ltd. | 2,700 | 93,111 | |||
NSD Company, Ltd. | 22,612 | 406,406 | |||
NSW, Inc. | 3,100 | 51,304 | |||
NTN Corp. (A) | 133,900 | 253,467 | |||
Obara Group, Inc. | 3,700 | 87,567 | |||
Oenon Holdings, Inc. | 17,500 | 35,898 | |||
Ohara, Inc. | 2,700 | 26,222 | |||
Ohashi Technica, Inc. | 4,100 | 42,135 | |||
Ohba Company, Ltd. | 2,200 | 11,431 | |||
Ohizumi Manufacturing Company, Ltd. | 200 | 1,253 | |||
Ohki Healthcare Holdings Company, Ltd. | 1,100 | 6,100 | |||
Ohmoto Gumi Company, Ltd. | 700 | 33,055 | |||
Ohsho Food Service Corp. | 3,300 | 153,922 | |||
Oiles Corp. | 8,672 | 93,863 | |||
Oisix ra daichi, Inc. (A)(B) | 9,600 | 130,601 | |||
Okabe Company, Ltd. | 14,300 | 67,539 | |||
Okada Aiyon Corp. | 2,200 | 22,750 | |||
Okamoto Industries, Inc. | 3,600 | 100,610 |
57 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Okamoto Machine Tool Works, Ltd. (B) | 1,300 | $37,478 | |||
Okamura Corp. | 17,700 | 169,012 | |||
Okasan Securities Group, Inc. | 54,600 | 130,923 | |||
Oki Electric Industry Company, Ltd. | 29,700 | 160,270 | |||
Okinawa Cellular Telephone Company | 4,100 | 153,473 | |||
Okinawa Financial Group, Inc. | 6,905 | 105,999 | |||
OKUMA Corp. | 7,676 | 290,111 | |||
Okumura Corp. | 9,500 | 200,098 | |||
Okura Industrial Company, Ltd. | 3,400 | 45,215 | |||
Okuwa Company, Ltd. | 8,900 | 58,184 | |||
Onoken Company, Ltd. | 7,100 | 75,774 | |||
Onward Holdings Company, Ltd. | 40,200 | 79,284 | |||
Optex Group Company, Ltd. | 11,600 | 172,404 | |||
Optim Corp. (A) | 4,000 | 25,308 | |||
Optorun Company, Ltd. | 7,500 | 121,762 | |||
Orchestra Holdings, Inc. | 700 | 13,392 | |||
Organo Corp. | 1,900 | 126,380 | |||
Oricon, Inc. | 1,200 | 7,940 | |||
Orient Corp. | 159,100 | 139,135 | |||
Oriental Shiraishi Corp. | 46,600 | 84,287 | |||
Oro Company, Ltd. | 2,100 | 26,615 | |||
Osaka Organic Chemical Industry, Ltd. | 5,600 | 103,102 | |||
Osaka Soda Company, Ltd. | 4,300 | 116,710 | |||
Osaka Steel Company, Ltd. | 5,800 | 53,003 | |||
Osaki Electric Company, Ltd. | 15,500 | 58,522 | |||
OSG Corp. | 27,200 | 374,579 | |||
OUG Holdings, Inc. | 1,700 | 36,300 | |||
Outsourcing, Inc. | 36,200 | 314,224 | |||
Oxide Corp. (A) | 600 | 26,013 | |||
Oyo Corp. | 7,300 | 96,976 | |||
Ozu Corp. | 2,000 | 26,139 | |||
Pacific Industrial Company, Ltd. | 15,500 | 120,685 | |||
Pacific Metals Company, Ltd. | 6,700 | 116,813 | |||
PAL GROUP Holdings Company, Ltd. | 6,200 | 102,792 | |||
PALTAC Corp. | 1,000 | 28,765 | |||
Paraca, Inc. | 2,500 | 35,968 | |||
Paramount Bed Holdings Company, Ltd. | 12,800 | 241,173 | |||
Paris Miki Holdings, Inc. | 9,700 | 17,479 | |||
Parker Corp. | 4,000 | 15,557 | |||
Pasona Group, Inc. | 7,800 | 116,757 | |||
PC Depot Corp. | 12,000 | 24,599 | |||
PCA Corp. | 3,600 | 26,928 | |||
PCI Holdings, Inc. | 1,600 | 11,416 | |||
Pegasus Sewing Machine Manufacturing Company, Ltd. | 7,800 | 48,668 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 58 |
Shares | Value | ||||
Japan (continued) | |||||
Penta-Ocean Construction Company, Ltd. | 88,800 | $468,626 | |||
People Dreams & Technologies Group Company, Ltd. | 2,800 | 53,343 | |||
PeptiDream, Inc. (A) | 12,000 | 143,089 | |||
Pharma Foods International Company, Ltd. (B) | 7,000 | 75,124 | |||
Pickles Corp. | 4,200 | 35,593 | |||
Pigeon Corp. | 30,700 | 457,275 | |||
Pilot Corp. | 5,400 | 193,279 | |||
Piolax, Inc. | 8,700 | 125,863 | |||
Plenus Company, Ltd. | 6,100 | 83,723 | |||
Pole To Win Holdings, Inc. | 10,400 | 75,632 | |||
Poppins Corp. | 700 | 9,136 | |||
Premium Group Company, Ltd. | 11,400 | 141,411 | |||
Premium Water Holdings, Inc. | 900 | 16,577 | |||
Press Kogyo Company, Ltd. | 32,500 | 102,796 | |||
Pressance Corp. | 6,300 | 68,122 | |||
Prestige International, Inc. | 34,100 | 163,794 | |||
Prima Meat Packers, Ltd. | 7,800 | 121,747 | |||
Procrea Holdings, Inc. | 9,896 | 153,810 | |||
Pronexus, Inc. | 6,000 | 42,770 | |||
Property Agent, Inc. | 400 | 4,427 | |||
Pro-Ship, Inc. | 1,900 | 19,786 | |||
Proto Corp. | 10,200 | 81,857 | |||
PS Mitsubishi Construction Company, Ltd. | 8,400 | 39,223 | |||
Punch Industry Company, Ltd. | 6,700 | 21,270 | |||
QB Net Holdings Company, Ltd. | 3,200 | 32,037 | |||
Qol Holdings Company, Ltd. | 9,400 | 85,253 | |||
Quick Company, Ltd. | 3,200 | 39,233 | |||
Raccoon Holdings, Inc. | 5,700 | 56,755 | |||
Raito Kogyo Company, Ltd. | 13,800 | 183,262 | |||
Raiznext Corp. | 10,500 | 90,658 | |||
Rasa Corp. | 2,900 | 20,451 | |||
Rasa Industries, Ltd. | 2,800 | 47,996 | |||
Raysum Company, Ltd. | 3,700 | 42,412 | |||
Relia, Inc. | 13,500 | 97,948 | |||
Relo Group, Inc. | 1,600 | 25,719 | |||
RenetJapanGroup, Inc. (A) | 1,500 | 5,778 | |||
Rengo Company, Ltd. | 55,300 | 325,801 | |||
RENOVA, Inc. (A)(B) | 5,700 | 123,831 | |||
Resorttrust, Inc. | 27,400 | 439,691 | |||
Restar Holdings Corp. | 3,600 | 53,045 | |||
Retail Partners Company, Ltd. (B) | 7,500 | 57,721 | |||
Rheon Automatic Machinery Company, Ltd. | 7,800 | 70,253 | |||
Rhythm Company, Ltd. | 2,000 | 20,294 | |||
Riberesute Corp. | 2,000 | 11,092 |
59 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Ricoh Leasing Company, Ltd. | 4,400 | $113,260 | |||
Ride On Express Holdings Company, Ltd. | 2,400 | 20,426 | |||
Right On Company, Ltd. (A)(B) | 6,300 | 31,488 | |||
Riken Corp. | 3,100 | 53,588 | |||
Riken Keiki Company, Ltd. | 4,400 | 138,266 | |||
Riken Technos Corp. | 13,400 | 50,045 | |||
Riken Vitamin Company, Ltd. | 6,900 | 84,996 | |||
Rion Company, Ltd. | 3,400 | 51,897 | |||
Riso Kyoiku Company, Ltd. | 42,300 | 94,855 | |||
River Eletec Corp. | 1,100 | 9,160 | |||
Rock Field Company, Ltd. | 6,500 | 72,982 | |||
Rokko Butter Company, Ltd. | 5,800 | 60,223 | |||
Roland Corp. | 3,500 | 102,279 | |||
Roland DG Corp. | 3,900 | 91,475 | |||
Rorze Corp. | 3,500 | 212,374 | |||
Round One Corp. | 17,300 | 248,934 | |||
RS Technologies Company, Ltd. | 1,100 | 53,777 | |||
Ryobi, Ltd. | 8,800 | 81,724 | |||
Ryoden Corp. | 6,200 | 73,030 | |||
Ryosan Company, Ltd. | 7,129 | 114,025 | |||
S Foods, Inc. | 6,100 | 130,442 | |||
S Line Company, Ltd. | 2,000 | 11,846 | |||
S&B Foods, Inc. | 2,100 | 56,290 | |||
Sac’s Bar Holdings, Inc. | 7,300 | 32,377 | |||
Saibu Gas Holdings Company, Ltd. | 8,000 | 105,082 | |||
Saint-Care Holding Corp. | 3,300 | 20,804 | |||
Saison Information Systems Company, Ltd. | 1,000 | 12,980 | |||
Sakai Chemical Industry Company, Ltd. | 5,200 | 73,391 | |||
Sakai Heavy Industries, Ltd. | 1,600 | 34,971 | |||
Sakai Moving Service Company, Ltd. | 3,600 | 118,802 | |||
Sakata INX Corp. | 13,800 | 96,725 | |||
Sakura Internet, Inc. | 8,100 | 33,673 | |||
Sala Corp. | 18,800 | 109,841 | |||
SAMTY Company, Ltd. | 7,900 | 125,101 | |||
San Holdings, Inc. | 3,700 | 47,564 | |||
San ju San Financial Group, Inc. | 8,020 | 85,438 | |||
San-A Company, Ltd. | 6,400 | 191,125 | |||
San-Ai Obbli Company, Ltd. | 18,400 | 145,595 | |||
Sanden Corp. (A) | 4,600 | 9,083 | |||
Sanei Architecture Planning Company, Ltd. | 4,100 | 48,388 | |||
Sangetsu Corp. | 12,700 | 148,342 | |||
Sanix, Inc. (A) | 12,300 | 21,846 | |||
Sanken Electric Company, Ltd. | 6,887 | 241,987 | |||
Sanki Engineering Company, Ltd. | 15,500 | 183,086 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 60 |
Shares | Value | ||||
Japan (continued) | |||||
Sanko Gosei, Ltd. | 3,100 | $10,549 | |||
Sanko Metal Industrial Company, Ltd. | 600 | 11,518 | |||
Sankyo Company, Ltd. | 9,600 | 281,305 | |||
Sankyo Frontier Company, Ltd. | 1,300 | 36,003 | |||
Sankyo Seiko Company, Ltd. | 10,400 | 34,901 | |||
Sankyo Tateyama, Inc. | 9,600 | 42,116 | |||
Sankyu, Inc. | 15,000 | 461,359 | |||
Sanoh Industrial Company, Ltd. | 8,800 | 47,562 | |||
Sansei Landic Company, Ltd. | 1,100 | 6,568 | |||
Sansei Technologies, Inc. | 3,900 | 22,371 | |||
Sansha Electric Manufacturing Company, Ltd. | 4,100 | 27,792 | |||
Sanshin Electronics Company, Ltd. | 2,900 | 35,801 | |||
Sanyo Chemical Industries, Ltd. | 3,900 | 133,253 | |||
Sanyo Denki Company, Ltd. | 3,300 | 128,424 | |||
Sanyo Electric Railway Company, Ltd. | 6,700 | 109,491 | |||
Sanyo Engineering & Construction, Inc. | 1,900 | 8,723 | |||
Sanyo Shokai, Ltd. (A) | 4,800 | 30,801 | |||
Sanyo Special Steel Company, Ltd. | 5,629 | 84,609 | |||
Sanyo Trading Company, Ltd. | 7,600 | 55,622 | |||
Sapporo Holdings, Ltd. | 20,100 | 440,560 | |||
Sata Construction Company, Ltd. | 1,800 | 5,686 | |||
Sato Holdings Corp. | 10,200 | 140,114 | |||
Sato Shoji Corp. | 5,200 | 43,569 | |||
Satori Electric Company, Ltd. | 2,900 | 24,801 | |||
Sawai Group Holdings Company, Ltd. | 9,500 | 280,751 | |||
Saxa Holdings, Inc. | 1,800 | 16,780 | |||
SB Technology Corp. (B) | 3,400 | 60,520 | |||
SBI Insurance Group Company, Ltd. (A) | 2,300 | 14,071 | |||
SBS Holdings, Inc. | 6,200 | 128,347 | |||
Scala, Inc. | 6,200 | 33,260 | |||
Scroll Corp. | 11,000 | 61,979 | |||
SEC Carbon, Ltd. | 500 | 21,900 | |||
Seed Company, Ltd. | 3,300 | 13,767 | |||
Seika Corp. | 2,900 | 34,485 | |||
Seikagaku Corp. | 14,500 | 91,930 | |||
Seikitokyu Kogyo Company, Ltd. | 9,500 | 51,785 | |||
Seiko Electric Company, Ltd. | 1,100 | 8,666 | |||
Seiko Holdings Corp. | 8,000 | 164,848 | |||
Seiko PMC Corp. | 5,600 | 23,911 | |||
Seikoh Giken Company, Ltd. | 900 | 12,476 | |||
Seino Holdings Company, Ltd. | 14,300 | 113,554 | |||
Seiren Company, Ltd. | 13,800 | 209,579 | |||
Sekisui Jushi Corp. | 9,300 | 114,995 | |||
Sekisui Kasei Company, Ltd. | 9,800 | 28,577 |
61 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
SEMITEC Corp. | 300 | $20,753 | |||
Senko Group Holdings Company, Ltd. | 35,300 | 241,172 | |||
Senshu Electric Company, Ltd. | 2,700 | 108,252 | |||
Senshu Ikeda Holdings, Inc. | 88,700 | 140,863 | |||
Senshukai Company, Ltd. | 13,900 | 39,005 | |||
Seria Company, Ltd. | 15,100 | 294,518 | |||
Seven Bank, Ltd. | 18,700 | 35,522 | |||
Shibaura Electronics Company, Ltd. | 2,700 | 101,089 | |||
Shibaura Machine Company, Ltd. | 6,700 | 146,562 | |||
Shibaura Mechatronics Corp. | 1,100 | 90,723 | |||
Shibuya Corp. | 5,600 | 100,705 | |||
Shidax Corp. (A) | 6,600 | 26,857 | |||
Shikibo, Ltd. | 2,100 | 13,675 | |||
Shikoku Chemicals Corp. | 11,500 | 102,641 | |||
Shikoku Electric Power Company, Inc. | 43,300 | 252,555 | |||
Shima Seiki Manufacturing, Ltd. | 10,000 | 158,638 | |||
Shimojima Company, Ltd. | 3,900 | 30,505 | |||
Shin Maint Holdings Company, Ltd. | 1,200 | 11,867 | |||
Shin Nippon Air Technologies Company, Ltd. | 2,700 | 36,096 | |||
Shin Nippon Biomedical Laboratories, Ltd. | 7,000 | 119,365 | |||
Shinagawa Refractories Company, Ltd. | 1,800 | 49,099 | |||
Shindengen Electric Manufacturing Company, Ltd. | 2,900 | 75,939 | |||
Shin-Etsu Polymer Company, Ltd. | 14,100 | 134,907 | |||
Shinki Bus Company, Ltd. | 1,300 | 31,028 | |||
Shinko Shoji Company, Ltd. | 5,900 | 43,437 | |||
Shinmaywa Industries, Ltd. | 19,500 | 148,611 | |||
Shinnihon Corp. | 9,600 | 50,464 | |||
Shin-Nihon Tatemono Company, Ltd. | 3,900 | 12,208 | |||
Shinnihonseiyaku Company, Ltd. | 2,700 | 31,834 | |||
Shinoken Group Company, Ltd. | 7,700 | 88,167 | |||
Shinsho Corp. | 1,700 | 50,871 | |||
Shinwa Company, Ltd. | 4,000 | 63,669 | |||
Shinwa Company, Ltd. (Gifu) | 2,700 | 15,850 | |||
Ship Healthcare Holdings, Inc. | 23,600 | 441,211 | |||
Shizuki Electric Company, Inc. | 5,000 | 18,691 | |||
Shizuoka Gas Company, Ltd. | 14,400 | 107,782 | |||
SHL-Japan, Ltd. | 1,000 | 19,590 | |||
Shobunsha Holdings, Inc. (A) | 4,100 | 9,372 | |||
Shoei Company, Ltd. | 7,600 | 301,153 | |||
Shoei Foods Corp. | 2,900 | 84,110 | |||
Shofu, Inc. | 3,500 | 56,224 | |||
Showa Sangyo Company, Ltd. | 6,300 | 117,102 | |||
Showa Shinku Company, Ltd. | 900 | 9,364 | |||
Sigma Koki Company, Ltd. | 1,800 | 20,728 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 62 |
Shares | Value | ||||
Japan (continued) | |||||
SIGMAXYZ Holdings, Inc. | 10,600 | $93,407 | |||
Siix Corp. | 11,600 | 92,312 | |||
Sinanen Holdings Company, Ltd. | 2,300 | 63,277 | |||
Sinfonia Technology Company, Ltd. | 9,000 | 97,532 | |||
Sinko Industries, Ltd. | 6,900 | 79,852 | |||
Sintokogio, Ltd. | 15,000 | 76,428 | |||
SK Kaken Company, Ltd. | 200 | 53,008 | |||
SK-Electronics Company, Ltd. | 3,800 | 38,357 | |||
SKY Perfect JSAT Holdings, Inc. | 45,600 | 181,225 | |||
Smaregi, Inc. (A) | 1,600 | 12,742 | |||
SMK Corp. | 1,900 | 33,552 | |||
Snow Peak, Inc. (B) | 9,200 | 143,463 | |||
Soda Nikka Company, Ltd. | 5,800 | 25,477 | |||
Sodick Company, Ltd. | 17,100 | 99,014 | |||
Soft99 Corp. | 6,300 | 53,081 | |||
Softcreate Holdings Corp. | 2,700 | 73,924 | |||
Software Service, Inc. | 900 | 45,133 | |||
Soiken Holdings, Inc. | 8,200 | 21,160 | |||
Soken Chemical & Engineering Company, Ltd. | 3,400 | 47,301 | |||
Solasto Corp. | 16,100 | 103,146 | |||
Soliton Systems KK | 3,800 | 32,765 | |||
Solxyz Company, Ltd. | 2,400 | 6,434 | |||
Sotetsu Holdings, Inc. | 9,400 | 161,762 | |||
Sotoh Company, Ltd. | 2,400 | 13,447 | |||
Space Company, Ltd. | 2,970 | 18,255 | |||
Sparx Group Company, Ltd. | 33,900 | 72,974 | |||
SPK Corp. | 1,800 | 18,144 | |||
S-Pool, Inc. | 21,400 | 165,049 | |||
Sprix, Ltd. | 900 | 6,776 | |||
SRA Holdings | 4,000 | 85,053 | |||
SRE Holdings Corp. (A) | 1,800 | 36,665 | |||
ST Corp. | 4,300 | 47,674 | |||
St. Marc Holdings Company, Ltd. | 6,600 | 76,246 | |||
Star Mica Holdings Company, Ltd. | 4,200 | 46,730 | |||
Star Micronics Company, Ltd. | 12,200 | 160,428 | |||
Starts Corp., Inc. | 9,700 | 186,344 | |||
Starzen Company, Ltd. | 5,000 | 75,995 | |||
Stella Chemifa Corp. | 3,500 | 70,985 | |||
Step Company, Ltd. | 2,900 | 37,809 | |||
Strike Company, Ltd. | 2,600 | 73,381 | |||
Studio Alice Company, Ltd. (B) | 3,500 | 55,933 | |||
Subaru Enterprise Company, Ltd. | 500 | 32,056 | |||
Sugimoto & Company, Ltd. | 4,000 | 57,217 | |||
Sumida Corp. | 10,600 | 73,639 |
63 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Suminoe Textile Company, Ltd. | 2,199 | $27,657 | |||
Sumiseki Holdings, Inc. | 21,100 | 38,770 | |||
Sumitomo Bakelite Company, Ltd. | 10,700 | 337,286 | |||
Sumitomo Densetsu Company, Ltd. | 5,400 | 101,976 | |||
Sumitomo Mitsui Construction Company, Ltd. | 48,160 | 160,443 | |||
Sumitomo Osaka Cement Company, Ltd. | 10,700 | 271,034 | |||
Sumitomo Precision Products Company, Ltd. (A) | 1,500 | 27,159 | |||
Sumitomo Riko Company, Ltd. | 15,300 | 63,906 | |||
Sumitomo Seika Chemicals Company, Ltd. | 3,600 | 80,592 | |||
Sun Frontier Fudousan Company, Ltd. | 10,900 | 94,036 | |||
Suncall Corp. | 7,800 | 40,851 | |||
Sun-Wa Technos Corp. | 3,500 | 35,464 | |||
Suruga Bank, Ltd. | 60,700 | 163,597 | |||
Suzuki Company, Ltd. | 5,600 | 33,783 | |||
SWCC Showa Holdings Company, Ltd. | 8,300 | 108,737 | |||
System Information Company, Ltd. | 2,200 | 15,595 | |||
System Research Company, Ltd. | 1,400 | 20,022 | |||
Systems Engineering Consultants Company, Ltd. | 600 | 10,043 | |||
Systena Corp. | 87,000 | 266,556 | |||
Syuppin Company, Ltd. (B) | 5,600 | 49,826 | |||
T Hasegawa Company, Ltd. | 8,500 | 183,484 | |||
T RAD Company, Ltd. | 2,000 | 40,044 | |||
T&K Toka Company, Ltd. | 7,400 | 56,416 | |||
Tachibana Eletech Company, Ltd. | 6,500 | 76,011 | |||
Tachikawa Corp. | 4,800 | 36,689 | |||
Tachi-S Company, Ltd. | 11,200 | 98,393 | |||
Tadano, Ltd. | 31,500 | 215,204 | |||
Taihei Dengyo Kaisha, Ltd. | 4,000 | 102,157 | |||
Taiheiyo Cement Corp. | 7,400 | 110,789 | |||
Taiheiyo Kouhatsu, Inc. | 1,200 | 6,161 | |||
Taiho Kogyo Company, Ltd. | 6,000 | 30,293 | |||
Taikisha, Ltd. | 7,700 | 176,668 | |||
Taisei Lamick Company, Ltd. | 2,500 | 50,899 | |||
Taisei Oncho Company, Ltd. | 500 | 6,747 | |||
Taiyo Holdings Company, Ltd. | 11,500 | 225,447 | |||
Takachiho Koheki Company, Ltd. | 1,300 | 21,453 | |||
Takamatsu Construction Group Company, Ltd. | 5,900 | 81,095 | |||
Takamatsu Machinery Company, Ltd. | 1,100 | 4,964 | |||
Takamiya Company, Ltd. | 9,700 | 29,400 | |||
Takano Company, Ltd. | 2,400 | 13,075 | |||
Takaoka Toko Company, Ltd. | 3,970 | 54,875 | |||
Takara & Company, Ltd. | 3,400 | 50,868 | |||
Takara Bio, Inc. | 5,700 | 79,835 | |||
Takara Holdings, Inc. | 44,000 | 333,849 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 64 |
Shares | Value | ||||
Japan (continued) | |||||
Takara Leben Company, Ltd. | 27,300 | $74,259 | |||
Takara Standard Company, Ltd. | 11,600 | 110,224 | |||
Takasago International Corp. | 5,000 | 99,532 | |||
Takasago Thermal Engineering Company, Ltd. | 13,500 | 159,505 | |||
Takashima & Company, Ltd. | 1,400 | 25,866 | |||
Takashimaya Company, Ltd. (B) | 44,000 | 486,744 | |||
Takasho Company, Ltd. | 3,000 | 14,774 | |||
TAKEBISHI Corp. | 2,500 | 27,537 | |||
Takeuchi Manufacturing Company, Ltd. | 10,800 | 204,684 | |||
Takisawa Machine Tool Company, Ltd. | 2,600 | 21,867 | |||
Takuma Company, Ltd. | 15,000 | 150,704 | |||
Tama Home Company, Ltd. | 5,200 | 87,670 | |||
Tamron Company, Ltd. | 4,900 | 107,058 | |||
Tamura Corp. | 28,100 | 148,748 | |||
Tanabe Consulting Company, Ltd. | 1,800 | 8,360 | |||
Tanabe Engineering Corp. | 1,900 | 12,389 | |||
Tanaka Chemical Corp. (A) | 3,400 | 37,721 | |||
Tanseisha Company, Ltd. | 13,500 | 77,006 | |||
Taoka Chemical Company, Ltd. | 2,500 | 15,883 | |||
Tatsuta Electric Wire & Cable Company, Ltd. | 15,400 | 51,336 | |||
Tayca Corp. | 6,700 | 63,347 | |||
Tazmo Company, Ltd. | 1,800 | 17,471 | |||
TBK Company, Ltd. | 9,100 | 21,034 | |||
TDC Soft, Inc. | 6,600 | 56,189 | |||
Tear Corp. | 4,900 | 15,539 | |||
TechMatrix Corp. | 14,200 | 174,960 | |||
TECHNO ASSOCIE Company, Ltd. | 2,700 | 22,810 | |||
Techno Horizon Company, Ltd. | 4,100 | 17,557 | |||
Techno Medica Company, Ltd. | 2,400 | 28,134 | |||
Techno Ryowa, Ltd. | 3,800 | 23,828 | |||
Techno Smart Corp. | 3,200 | 28,652 | |||
Technoflex Corp. | 1,300 | 9,455 | |||
Tecnos Japan, Inc. | 3,900 | 12,787 | |||
Teijin, Ltd. | 3,600 | 38,061 | |||
Teikoku Electric Manufacturing Company, Ltd. | 6,300 | 87,963 | |||
Teikoku Sen-I Company, Ltd. | 6,300 | 73,984 | |||
Teikoku Tsushin Kogyo Company, Ltd. | 2,800 | 29,453 | |||
Tekken Corp. | 5,000 | 64,158 | |||
Temairazu, Inc. | 800 | 28,842 | |||
Tenma Corp. | 5,200 | 83,850 | |||
Tenox Corp. | 2,100 | 13,682 | |||
Tera Probe, Inc. | 1,200 | 12,217 | |||
Teraoka Seisakusho Company, Ltd. | 2,900 | 7,566 | |||
Terilogy Company, Ltd. | 4,200 | 11,131 |
65 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
T-Gaia Corp. | 7,400 | $87,984 | |||
The 77 Bank, Ltd. | 17,000 | 216,860 | |||
The Aichi Bank, Ltd. | 2,700 | 112,297 | |||
The Akita Bank, Ltd. | 5,700 | 67,722 | |||
The Awa Bank, Ltd. | 12,200 | 166,300 | |||
The Bank of Iwate, Ltd. | 5,600 | 74,997 | |||
The Bank of Nagoya, Ltd. | 2,800 | 62,277 | |||
The Bank of Saga, Ltd. | 5,600 | 60,334 | |||
The Bank of Toyama, Ltd. | 1,200 | 15,242 | |||
The Chiba Kogyo Bank, Ltd. | 19,700 | 37,138 | |||
The Chugoku Bank, Ltd. (B) | 44,500 | 298,035 | |||
The Chukyo Bank, Ltd. | 2,400 | 32,405 | |||
The Daito Bank, Ltd. | 2,800 | 12,824 | |||
The Ehime Bank, Ltd. | 12,550 | 76,744 | |||
The First Bank of Toyama, Ltd. | 22,700 | 68,689 | |||
The Fukui Bank, Ltd. | 7,118 | 70,723 | |||
The Furukawa Battery Company, Ltd. | 5,900 | 49,030 | |||
The Gunma Bank, Ltd. | 111,000 | 310,410 | |||
The Hachijuni Bank, Ltd. | 105,700 | 362,471 | |||
The Hyakugo Bank, Ltd. | 76,400 | 174,841 | |||
The Hyakujushi Bank, Ltd. | 9,200 | 112,247 | |||
The Iyo Bank, Ltd. | 70,300 | 326,909 | |||
The Japan Steel Works, Ltd. | 3,100 | 66,187 | |||
The Japan Wool Textile Company, Ltd. | 17,100 | 125,679 | |||
The Keiyo Bank, Ltd. | 37,300 | 129,709 | |||
The Kita-Nippon Bank, Ltd. | 3,500 | 42,642 | |||
The Kiyo Bank, Ltd. | 18,139 | 194,919 | |||
The Miyazaki Bank, Ltd. | 5,300 | 84,707 | |||
The Monogatari Corp. | 3,500 | 177,489 | |||
The Musashino Bank, Ltd. | 10,200 | 124,329 | |||
The Nagano Bank, Ltd. | 3,900 | 35,318 | |||
The Nanto Bank, Ltd. | 9,100 | 128,249 | |||
The Nippon Road Company, Ltd. | 1,300 | 57,872 | |||
The Nisshin Oillio Group, Ltd. | 7,800 | 182,551 | |||
The Ogaki Kyoritsu Bank, Ltd. | 11,600 | 143,881 | |||
The Oita Bank, Ltd. | 4,500 | 61,237 | |||
The Okinawa Electric Power Company, Inc. | 16,664 | 135,878 | |||
The Pack Corp. | 5,400 | 89,082 | |||
The San-In Godo Bank, Ltd. | 45,100 | 221,742 | |||
The Shibusawa Warehouse Company, Ltd. | 3,500 | 53,126 | |||
The Shiga Bank, Ltd. | 12,000 | 221,387 | |||
The Shikoku Bank, Ltd. | 12,900 | 79,495 | |||
The Shimizu Bank, Ltd. | 3,900 | 41,597 | |||
The Sumitomo Warehouse Company, Ltd. | 17,276 | 271,099 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 66 |
Shares | Value | ||||
Japan (continued) | |||||
The Taiko Bank, Ltd. | 3,400 | $33,167 | |||
The Tochigi Bank, Ltd. | 38,700 | 80,092 | |||
The Toho Bank, Ltd. | 57,700 | 84,531 | |||
The Tohoku Bank, Ltd. | 3,800 | 26,554 | |||
The Torigoe Company, Ltd. | 5,900 | 28,240 | |||
The Tottori Bank, Ltd. | 3,400 | 27,381 | |||
The Towa Bank, Ltd. | 14,100 | 53,356 | |||
The Yamagata Bank, Ltd. | 9,800 | 65,435 | |||
The Yamanashi Chuo Bank, Ltd. | 8,851 | 72,688 | |||
The Zenitaka Corp. | 600 | 14,089 | |||
Tigers Polymer Corp. | 6,500 | 19,934 | |||
TKC Corp. | 8,100 | 202,445 | |||
Toa Corp. (Hyogo) | 8,800 | 50,898 | |||
Toa Corp. (Tokyo) | 4,200 | 73,696 | |||
Toa Oil Company, Ltd. | 3,500 | 57,246 | |||
TOA ROAD Corp. | 1,500 | 63,480 | |||
Toagosei Company, Ltd. | 29,300 | 228,288 | |||
Toba, Inc. | 800 | 16,338 | |||
Tobila Systems, Inc. | 900 | 6,515 | |||
Tobishima Corp. | 6,820 | 52,791 | |||
TOC Company, Ltd. | 9,300 | 49,242 | |||
Tocalo Company, Ltd. | 20,100 | 185,224 | |||
Toda Corp. | 30,700 | 151,446 | |||
Toda Kogyo Corp. (A) | 900 | 17,164 | |||
Toei Company, Ltd. | 300 | 39,638 | |||
Toell Company, Ltd. | 3,900 | 23,889 | |||
Toenec Corp. | 2,700 | 71,270 | |||
Togami Electric Manufacturing Company, Ltd. | 600 | 7,617 | |||
Toho Acetylene Company, Ltd. | 900 | 7,702 | |||
Toho Company, Ltd. (A) | 3,700 | 35,900 | |||
Toho Holdings Company, Ltd. | 18,300 | 242,380 | |||
Toho Titanium Company, Ltd. (B) | 10,000 | 158,405 | |||
Toho Zinc Company, Ltd. | 3,600 | 62,816 | |||
Tohoku Steel Company, Ltd. | 500 | 5,715 | |||
Tohokushinsha Film Corp. | 6,700 | 31,023 | |||
Tokai Carbon Company, Ltd. | 58,200 | 424,845 | |||
Tokai Corp. | 7,600 | 100,583 | |||
TOKAI Holdings Corp. | 33,300 | 212,825 | |||
Tokai Lease Company, Ltd. | 300 | 3,251 | |||
Tokai Rika Company, Ltd. | 16,900 | 181,424 | |||
Tokai Tokyo Financial Holdings, Inc. | 60,000 | 162,566 | |||
Token Corp. | 2,250 | 143,312 | |||
Tokushu Tokai Paper Company, Ltd. | 3,600 | 81,955 | |||
Tokuyama Corp. | 19,900 | 262,105 |
67 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Tokyo Base Company, Ltd. (A) | 7,500 | $19,213 | |||
Tokyo Electron Device, Ltd. | 2,600 | 109,816 | |||
Tokyo Energy & Systems, Inc. | 7,400 | 56,167 | |||
Tokyo Individualized Educational Institute, Inc. | 5,100 | 20,878 | |||
Tokyo Keiki, Inc. | 4,200 | 39,063 | |||
Tokyo Kiraboshi Financial Group, Inc. | 9,658 | 155,753 | |||
Tokyo Rakutenchi Company, Ltd. | 1,200 | 35,120 | |||
Tokyo Rope Manufacturing Company, Ltd. | 1,700 | 12,289 | |||
Tokyo Sangyo Company, Ltd. | 6,600 | 37,792 | |||
Tokyo Seimitsu Company, Ltd. | 12,700 | 423,053 | |||
Tokyo Steel Manufacturing Company, Ltd. | 19,600 | 207,665 | |||
Tokyo Tekko Company, Ltd. | 3,500 | 33,616 | |||
Tokyo Theatres Company, Inc. | 2,400 | 20,983 | |||
Tokyotokeiba Company, Ltd. | 5,000 | 151,223 | |||
Tokyu Construction Company, Ltd. | 26,200 | 123,240 | |||
Tokyu Recreation Company, Ltd. (A) | 800 | 29,131 | |||
Toli Corp. | 17,800 | 26,449 | |||
Tomato Bank, Ltd. | 3,200 | 23,661 | |||
Tomen Devices Corp. | 900 | 36,498 | |||
Tomoe Corp. | 7,600 | 24,242 | |||
Tomoe Engineering Company, Ltd. | 2,400 | 42,474 | |||
Tomoku Company, Ltd. | 4,200 | 46,360 | |||
TOMONY Holdings, Inc. | 54,300 | 123,062 | |||
Tomy Company, Ltd. | 28,200 | 267,331 | |||
Tonami Holdings Company, Ltd. | 2,200 | 58,308 | |||
Topcon Corp. | 34,600 | 466,728 | |||
Topre Corp. | 13,100 | 116,694 | |||
Topy Industries, Ltd. | 5,700 | 57,780 | |||
Torex Semiconductor, Ltd. | 2,300 | 48,132 | |||
Toridoll Holdings Corp. | 13,900 | 296,445 | |||
Torii Pharmaceutical Company, Ltd. | 4,700 | 101,023 | |||
Torishima Pump Manufacturing Company, Ltd. | 6,900 | 72,697 | |||
Tosei Corp. | 9,300 | 92,899 | |||
Toshiba TEC Corp. | 6,200 | 184,514 | |||
Totech Corp. | 2,000 | 50,925 | |||
Totetsu Kogyo Company, Ltd. | 8,800 | 146,712 | |||
Totoku Electric Company, Ltd. | 500 | 8,165 | |||
Toukei Computer Company, Ltd. | 600 | 28,412 | |||
Tow Company, Ltd. | 17,600 | 38,956 | |||
Towa Corp. | 6,800 | 90,799 | |||
Towa Pharmaceutical Company, Ltd. | 9,200 | 145,901 | |||
Toyo Construction Company, Ltd. | 31,300 | 193,100 | |||
Toyo Corp. | 8,200 | 77,993 | |||
Toyo Denki Seizo KK | 3,100 | 20,197 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 68 |
Shares | Value | ||||
Japan (continued) | |||||
Toyo Engineering Corp. (A) | 11,300 | $55,972 | |||
Toyo Gosei Company, Ltd. (B) | 1,800 | 105,886 | |||
Toyo Ink SC Holdings Company, Ltd. | 11,100 | 152,217 | |||
Toyo Kanetsu KK | 3,100 | 58,165 | |||
Toyo Logistics Company, Ltd. | 6,100 | 12,323 | |||
Toyo Machinery & Metal Company, Ltd. | 6,200 | 25,670 | |||
Toyo Securities Company, Ltd. | 22,800 | 42,095 | |||
Toyo Seikan Group Holdings, Ltd. | 2,200 | 26,035 | |||
Toyo Tanso Company, Ltd. | 5,400 | 130,852 | |||
Toyo Tire Corp. | 18,600 | 225,428 | |||
Toyo Wharf & Warehouse Company, Ltd. | 1,900 | 17,041 | |||
Toyobo Company, Ltd. | 24,206 | 183,407 | |||
Toyoda Gosei Company, Ltd. | 1,400 | 24,357 | |||
TPR Company, Ltd. | 8,300 | 76,002 | |||
Traders Holdings Company, Ltd. | 6,220 | 17,009 | |||
Trancom Company, Ltd. | 2,500 | 136,667 | |||
Trans Genic, Inc. | 4,600 | 11,466 | |||
Transaction Company, Ltd. | 3,700 | 28,245 | |||
Transcosmos, Inc. | 3,900 | 107,575 | |||
TRE Holdings Corp. | 1,476 | 18,077 | |||
Trenders, Inc. | 1,200 | 16,570 | |||
Tri Chemical Laboratories, Inc. | 8,400 | 148,155 | |||
Trinity Industrial Corp. | 2,000 | 9,617 | |||
Trusco Nakayama Corp. | 11,600 | 162,225 | |||
TS Tech Company, Ltd. | 26,000 | 290,856 | |||
TSI Holdings Company, Ltd. | 18,205 | 50,686 | |||
Tsubaki Nakashima Company, Ltd. | 14,200 | 118,539 | |||
Tsubakimoto Chain Company | 7,600 | 175,618 | |||
Tsubakimoto Kogyo Company, Ltd. | 1,400 | 37,405 | |||
Tsugami Corp. | 14,800 | 132,430 | |||
Tsukishima Kikai Company, Ltd. | 9,900 | 65,140 | |||
Tsukuba Bank, Ltd. | 31,600 | 44,382 | |||
Tsumura & Company | 15,500 | 354,818 | |||
Tsurumi Manufacturing Company, Ltd. | 6,300 | 97,233 | |||
Tsutsumi Jewelry Company, Ltd. | 2,500 | 36,710 | |||
Tsuzuki Denki Company, Ltd. | 2,100 | 20,456 | |||
TV Asahi Holdings Corp. | 8,200 | 85,447 | |||
Tv Tokyo Holdings Corp. | 2,400 | 33,834 | |||
TYK Corp. | 6,400 | 12,707 | |||
UACJ Corp. | 9,871 | 170,431 | |||
UBE Corp. | 30,600 | 450,873 | |||
Ubicom Holdings, Inc. | 2,100 | 41,582 | |||
Uchida Yoko Company, Ltd. | 2,800 | 100,298 | |||
Ueki Corp. | 1,200 | 11,234 |
69 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
ULS Group, Inc. | 600 | $16,091 | |||
Ultrafabrics Holdings Company, Ltd. | 600 | 22,376 | |||
Ulvac, Inc. | 8,800 | 341,230 | |||
Union Tool Company | 3,100 | 79,155 | |||
Unipres Corp. | 12,500 | 86,120 | |||
UNIRITA, Inc. | 700 | 8,956 | |||
United Super Markets Holdings, Inc. (B) | 16,700 | 126,759 | |||
UNITED, Inc. | 3,400 | 36,976 | |||
Unitika, Ltd. (A) | 23,900 | 44,451 | |||
Universal Entertainment Corp. (A) | 8,900 | 101,750 | |||
Urbanet Corp. Company, Ltd. | 3,800 | 8,195 | |||
Usen-Next Holdings Company, Ltd. | 4,100 | 61,894 | |||
User Local, Inc. | 1,400 | 16,020 | |||
Ushio, Inc. | 31,100 | 377,559 | |||
UT Group Company, Ltd. | 9,600 | 191,210 | |||
UUUM Company, Ltd. (A) | 2,800 | 21,816 | |||
Uzabase, Inc. (A) | 6,700 | 32,174 | |||
V Technology Company, Ltd. | 2,900 | 62,412 | |||
Valor Holdings Company, Ltd. | 11,700 | 149,152 | |||
Valqua, Ltd. | 5,800 | 112,685 | |||
Value HR Company, Ltd. | 4,200 | 45,505 | |||
ValueCommerce Company, Ltd. | 4,800 | 87,663 | |||
Valuence Holdings, Inc. | 900 | 13,561 | |||
V-Cube, Inc. (B) | 5,200 | 48,464 | |||
Vector, Inc. | 9,700 | 81,046 | |||
Vertex Corp. | 4,320 | 41,696 | |||
Village Vanguard Company, Ltd. (A) | 1,400 | 10,908 | |||
VINX Corp. | 1,300 | 14,011 | |||
Vital KSK Holdings, Inc. | 14,600 | 70,201 | |||
VT Holdings Company, Ltd. | 29,100 | 100,764 | |||
Wacoal Holdings Corp. | 12,600 | 201,365 | |||
Wacom Company, Ltd. | 48,200 | 289,249 | |||
Waida Manufacturing Company, Ltd. | 1,100 | 7,784 | |||
Wakachiku Construction Company, Ltd. | 3,600 | 64,143 | |||
Wakamoto Pharmaceutical Company, Ltd. (A) | 4,500 | 7,722 | |||
Wakita & Company, Ltd. | 13,300 | 106,971 | |||
Warabeya Nichiyo Holdings Company, Ltd. | 4,700 | 76,505 | |||
Waseda Academy Company, Ltd. | 3,800 | 29,929 | |||
Watahan & Company, Ltd. | 5,600 | 57,720 | |||
Watts Company, Ltd. (B) | 4,400 | 22,668 | |||
WDB Holdings Company, Ltd. | 3,600 | 66,505 | |||
Wealth Management, Inc. | 400 | 8,130 | |||
Weathernews, Inc. | 2,400 | 138,003 | |||
Wellnet Corp. | 2,500 | 9,173 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 70 |
Shares | Value | ||||
Japan (continued) | |||||
West Holdings Corp. (B) | 7,609 | $240,466 | |||
Will Group, Inc. | 5,700 | 54,912 | |||
WILLs, Inc. | 1,200 | 5,879 | |||
WingArc1st, Inc. | 3,400 | 41,352 | |||
WIN-Partners Company, Ltd. | 4,900 | 35,004 | |||
Wood One Company, Ltd. | 3,600 | 28,022 | |||
World Company, Ltd. | 8,900 | 86,505 | |||
World Holdings Company, Ltd. | 3,100 | 61,305 | |||
Wowow, Inc. | 2,400 | 23,511 | |||
Xebio Holdings Company, Ltd. | 7,100 | 49,226 | |||
YAC Holdings Company, Ltd. | 2,200 | 22,142 | |||
Yachiyo Industry Company, Ltd. (A) | 2,500 | 12,710 | |||
Yagi & Company, Ltd. | 800 | 6,914 | |||
Yahagi Construction Company, Ltd. | 9,700 | 53,479 | |||
Yaizu Suisankagaku Industry Company, Ltd. | 2,900 | 18,166 | |||
YAKUODO Holdings Company, Ltd. | 4,800 | 82,471 | |||
YAMABIKO Corp. | 13,400 | 109,391 | |||
YAMADA Consulting Group Company, Ltd. | 3,700 | 33,229 | |||
Yamaguchi Financial Group, Inc. | 59,900 | 328,653 | |||
Yamaichi Electronics Company, Ltd. | 8,400 | 124,327 | |||
YA-MAN, Ltd. | 10,300 | 119,098 | |||
Yamashina Corp. | 24,800 | 12,298 | |||
Yamatane Corp. | 2,900 | 34,023 | |||
Yamato Corp. | 5,600 | 31,041 | |||
Yamato Kogyo Company, Ltd. | 4,200 | 148,683 | |||
Yamaura Corp. | 1,600 | 11,078 | |||
Yamaya Corp. | 1,800 | 33,214 | |||
Yamazawa Company, Ltd. | 1,800 | 17,502 | |||
Yamazen Corp. | 19,100 | 127,901 | |||
Yaoko Company, Ltd. | 2,000 | 92,801 | |||
Yashima Denki Company, Ltd. | 4,800 | 35,402 | |||
Yasuda Logistics Corp. | 5,200 | 34,953 | |||
YE Digital Corp. | 1,900 | 6,562 | |||
Yellow Hat, Ltd. | 12,000 | 154,929 | |||
Yodogawa Steel Works, Ltd. | 6,765 | 121,660 | |||
Yokogawa Bridge Holdings Corp. | 12,100 | 169,190 | |||
Yokorei Company, Ltd. | 17,200 | 114,061 | |||
Yokowo Company, Ltd. | 6,100 | 96,416 | |||
Yomeishu Seizo Company, Ltd. | 2,800 | 36,698 | |||
Yondenko Corp. | 3,200 | 43,580 | |||
Yondoshi Holdings, Inc. | 6,459 | 82,746 | |||
Yonex Company, Ltd. | 11,900 | 134,547 | |||
Yonkyu Company, Ltd. | 1,200 | 21,946 | |||
Yorozu Corp. | 6,100 | 39,112 |
71 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Japan (continued) | |||||
Yoshimura Food Holdings KK (A) | 4,200 | $15,070 | |||
Yoshinoya Holdings Company, Ltd. | 20,800 | 366,760 | |||
Yotai Refractories Company, Ltd. | 5,700 | 57,128 | |||
Yuasa Funashoku Company, Ltd. | 1,100 | 20,402 | |||
Yuasa Trading Company, Ltd. | 6,300 | 158,722 | |||
Yuken Kogyo Company, Ltd. | 1,200 | 15,670 | |||
Yukiguni Maitake Company, Ltd. | 5,000 | 37,290 | |||
Yurtec Corp. | 14,900 | 80,171 | |||
Yushin Precision Equipment Company, Ltd. | 3,000 | 15,461 | |||
Yushiro Chemical Industry Company, Ltd. | 3,700 | 23,708 | |||
Yutaka Giken Company, Ltd. | 1,600 | 20,667 | |||
Zaoh Company, Ltd. | 1,800 | 23,445 | |||
Zenrin Company, Ltd. | 12,800 | 87,561 | |||
ZERIA Pharmaceutical Company, Ltd. | 6,500 | 97,087 | |||
ZIGExN Company, Ltd. | 17,300 | 41,896 | |||
Zuiko Corp. | 4,400 | 23,952 | |||
Jersey, Channel Islands 0.1% | 545,852 | ||||
Breedon Group PLC | 58,167 | 40,273 | |||
Centamin PLC | 402,088 | 421,675 | |||
JTC PLC (D) | 9,453 | 83,904 | |||
Liechtenstein 0.1% | 398,439 | ||||
Liechtensteinische Landesbank AG | 4,965 | 283,481 | |||
VP Bank AG, Class A | 1,251 | 114,958 | |||
Luxembourg 0.5% | 3,013,178 | ||||
APERAM SA | 11,031 | 297,743 | |||
B&S Group Sarl (D) | 5,479 | 27,839 | |||
Befesa SA (D) | 10,492 | 431,817 | |||
d’Amico International Shipping SA (A) | 70,483 | 16,930 | |||
Global Fashion Group SA (A) | 1,654 | 2,324 | |||
Grand City Properties SA | 29,654 | 351,831 | |||
IVS Group SA (A) | 9,712 | 39,200 | |||
L’Occitane International SA | 73,750 | 231,732 | |||
SES SA | 109,158 | 766,330 | |||
Shurgard Self Storage SA | 6,671 | 322,038 | |||
Stabilus SE | 8,347 | 426,939 | |||
Sword Group | 2,454 | 98,455 | |||
Macau 0.0% | 74,445 | ||||
MECOM Power and Construction, Ltd. | 276,000 | 71,908 | |||
Space Group Holdings, Ltd. (A) | 5,000 | 2,537 | |||
Malaysia 0.0% | 84,709 | ||||
Frencken Group, Ltd. | 94,900 | 77,706 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 72 |
Shares | Value | ||||
Malaysia (continued) | |||||
Pentamaster International, Ltd. | 62,000 | $7,003 | |||
Malta 0.0% | 32,738 | ||||
Catena Media PLC (A) | 2,080 | 6,251 | |||
Gaming Innovation Group, Inc. (A) | 5,338 | 11,443 | |||
Kindred Group PLC | 1,806 | 15,044 | |||
Monaco 0.0% | 37,423 | ||||
Societe des Bains de Mer et du Cercle des Etrangers a Monaco (A) | 407 | 37,423 | |||
Mongolia 0.0% | 30,085 | ||||
Mongolian Mining Corp. (A) | 114,000 | 30,085 | |||
Netherlands 2.2% | 13,197,232 | ||||
Aalberts NV | 28,555 | 1,047,116 | |||
Acomo NV | 4,277 | 87,159 | |||
Alfen Beheer BV (A)(D) | 6,527 | 737,864 | |||
AMG Advanced Metallurgical Group NV | 8,363 | 213,526 | |||
Arcadis NV | 19,675 | 627,227 | |||
ASR Nederland NV | 39,563 | 1,614,741 | |||
Basic-Fit NV (A)(B)(D) | 12,628 | 482,021 | |||
BE Semiconductor Industries NV | 17,128 | 813,648 | |||
Beter Bed Holding NV (B) | 4,223 | 15,245 | |||
Boskalis Westminster | 27,669 | 917,756 | |||
Brack Capital Properties NV (A) | 1,254 | 146,162 | |||
Brunel International NV | 6,624 | 62,020 | |||
Corbion NV | 17,985 | 510,672 | |||
Flow Traders (D) | 9,046 | 181,018 | |||
ForFarmers NV | 13,376 | 37,698 | |||
Fugro NV (A) | 29,288 | 373,061 | |||
Heijmans NV | 6,455 | 67,012 | |||
Hunter Douglas NV (A) | 121 | 21,250 | |||
Intertrust NV (A)(D) | 28,072 | 548,978 | |||
Kendrion NV | 4,563 | 70,834 | |||
Koninklijke BAM Groep NV (A) | 68,896 | 183,644 | |||
Koninklijke Vopak NV | 12,241 | 269,444 | |||
Lucas Bols NV (A)(D) | 3,531 | 35,908 | |||
Nedap NV | 1,602 | 91,255 | |||
OCI NV | 25,879 | 971,575 | |||
Ordina NV | 37,525 | 148,069 | |||
Pharming Group NV (A) | 47,563 | 57,191 | |||
PostNL NV | 107,897 | 229,915 | |||
PPHE Hotel Group, Ltd. (A) | 4,213 | 68,720 | |||
SBM Offshore NV | 52,324 | 730,701 | |||
SIF Holding NV | 1,808 | 18,469 | |||
Signify NV (D) | 33,733 | 958,893 |
73 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Netherlands (continued) | |||||
Sligro Food Group NV (A) | 7,248 | $120,062 | |||
TKH Group NV | 12,076 | 421,305 | |||
TomTom NV (A) | 18,990 | 152,864 | |||
Van Lanschot Kempen NV | 7,794 | 164,209 | |||
New Zealand 0.5% | 3,033,269 | ||||
Air New Zealand, Ltd. (A) | 317,520 | 131,208 | |||
Arvida Group, Ltd. | 134,457 | 123,988 | |||
Briscoe Group, Ltd. | 11,818 | 37,766 | |||
Channel Infrastructure NZ, Ltd. (A) | 43,399 | 35,845 | |||
Chorus, Ltd. | 116,170 | 568,929 | |||
Comvita, Ltd. | 3,159 | 6,462 | |||
Delegat Group, Ltd. | 9,275 | 67,365 | |||
Freightways, Ltd. | 31,870 | 198,959 | |||
Gentrack Group, Ltd. (A) | 9,421 | 7,881 | |||
Hallenstein Glasson Holdings, Ltd. | 12,034 | 39,128 | |||
Heartland Group Holdings, Ltd. | 150,946 | 166,666 | |||
Investore Property, Ltd. | 79,415 | 80,045 | |||
KMD Brands, Ltd. | 152,310 | 100,285 | |||
Manawa Energy, Ltd. (B) | 10,579 | 38,737 | |||
Napier Port Holdings, Ltd. | 4,702 | 8,503 | |||
NZME, Ltd. | 72,696 | 56,768 | |||
NZX, Ltd. | 79,567 | 63,080 | |||
Oceania Healthcare, Ltd. | 131,970 | 79,745 | |||
Pacific Edge, Ltd. (A)(B) | 113,948 | 31,283 | |||
PGG Wrightson, Ltd. | 6,900 | 20,235 | |||
Pushpay Holdings, Ltd. (A) | 136,920 | 106,610 | |||
Rakon, Ltd. (A) | 10,627 | 8,541 | |||
Restaurant Brands New Zealand, Ltd. | 8,039 | 39,914 | |||
Sanford, Ltd. (A) | 22,753 | 61,184 | |||
Scales Corp., Ltd. | 25,768 | 74,412 | |||
Serko, Ltd. (A) | 10,833 | 23,813 | |||
Skellerup Holdings, Ltd. | 39,675 | 134,261 | |||
SKY Network Television, Ltd. (A) | 44,034 | 66,353 | |||
SKYCITY Entertainment Group, Ltd. | 145,918 | 253,840 | |||
Steel & Tube Holdings, Ltd. | 21,933 | 20,375 | |||
Summerset Group Holdings, Ltd. | 14,154 | 95,402 | |||
Synlait Milk, Ltd. (A) | 21,479 | 45,614 | |||
The Warehouse Group, Ltd. | 25,288 | 50,847 | |||
Tourism Holdings, Ltd. (A) | 24,687 | 41,004 | |||
TOWER, Ltd. | 136,191 | 51,162 | |||
Turners Automotive Group, Ltd. | 13,978 | 31,942 | |||
Vista Group International, Ltd. (A) | 57,676 | 65,117 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 74 |
Shares | Value | ||||
Norway 1.0% | $5,908,712 | ||||
2020 Bulkers, Ltd. (A) | 1,387 | 12,349 | |||
ABG Sundal Collier Holding ASA | 121,577 | 71,327 | |||
Akastor ASA | 61,659 | 61,339 | |||
Aker Carbon Capture ASA (A) | 5,752 | 12,318 | |||
Aker Solutions ASA | 68,997 | 270,593 | |||
American Shipping Company ASA (A) | 15,163 | 61,303 | |||
ArcticZymes Technologies ASA (A) | 8,874 | 65,826 | |||
Atea ASA (A) | 23,697 | 260,934 | |||
Axactor ASA (A) | 47,680 | 30,775 | |||
B2Holding ASA | 70,553 | 63,701 | |||
Belships ASA | 12,944 | 19,381 | |||
Bonheur ASA | 5,968 | 223,405 | |||
Borregaard ASA | 3,918 | 59,756 | |||
Bouvet ASA | 17,015 | 101,691 | |||
BW Offshore, Ltd. | 31,002 | 84,002 | |||
Crayon Group Holding ASA (A)(D) | 17,078 | 184,829 | |||
DNO ASA | 126,912 | 180,319 | |||
Elmera Group ASA (D) | 16,180 | 32,315 | |||
Europris ASA (D) | 45,417 | 272,470 | |||
FLEX LNG, Ltd. | 11,436 | 377,968 | |||
Frontline, Ltd. (A) | 26,966 | 315,672 | |||
Golden Ocean Group, Ltd. | 15,129 | 142,592 | |||
Grieg Seafood ASA | 15,218 | 184,124 | |||
Hexagon Composites ASA (A) | 39,844 | 112,786 | |||
Hofseth BioCare ASA (A) | 27,299 | 9,308 | |||
Hunter Group ASA (A) | 72,078 | 15,216 | |||
IDEX Biometrics ASA (A)(B) | 160,219 | 13,786 | |||
Itera ASA | 21,736 | 26,885 | |||
Kid ASA (D) | 6,963 | 62,616 | |||
Kitron ASA | 44,546 | 89,215 | |||
Komplett Bank ASA (A) | 16,702 | 9,935 | |||
Magseis Fairfield ASA (A) | 43,692 | 37,463 | |||
Medistim ASA | 2,230 | 50,252 | |||
MPC Container Ships ASA | 81,418 | 167,855 | |||
Multiconsult ASA (D) | 3,531 | 48,438 | |||
Norske Skog ASA (A)(D) | 12,202 | 84,824 | |||
Norway Royal Salmon ASA (A) | 3,814 | 95,260 | |||
Norwegian Air Shuttle ASA (A) | 70,682 | 59,988 | |||
Norwegian Energy Company ASA (A) | 4,044 | 145,130 | |||
NRC Group ASA (A) | 5,750 | 11,567 | |||
Odfjell Drilling, Ltd. (A) | 35,662 | 96,867 | |||
Odfjell SE, A Shares | 7,780 | 51,025 | |||
OKEA ASA (A) | 3,973 | 20,634 | |||
Otello Corp. ASA | 3,814 | 3,179 |
75 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Norway (continued) | |||||
Pareto Bank ASA | 6,999 | $33,947 | |||
PGS ASA (A) | 202,980 | 165,207 | |||
PhotoCure ASA (A) | 5,281 | 48,894 | |||
PoLight ASA (A)(D) | 3,345 | 7,245 | |||
Protector Forsikring ASA | 18,763 | 224,618 | |||
Q-Free ASA (A) | 16,307 | 10,860 | |||
Sandnes Sparebank | 1,787 | 16,803 | |||
SATS ASA (A) | 4,176 | 4,493 | |||
Self Storage Group ASA (A) | 14,066 | 43,047 | |||
Selvaag Bolig ASA | 13,802 | 56,776 | |||
SpareBank 1 Helgeland | 791 | 9,928 | |||
Sparebank 1 Oestlandet | 5,853 | 66,696 | |||
SpareBank 1 Sorost-Norge | 9,718 | 53,073 | |||
Sparebanken More | 5,483 | 40,349 | |||
TGS ASA | 22,979 | 349,695 | |||
Treasure ASA | 15,273 | 24,517 | |||
Ultimovacs ASA (A) | 1,760 | 12,015 | |||
Veidekke ASA | 31,220 | 318,841 | |||
Volue ASA (A) | 844 | 2,671 | |||
Vow ASA (A) | 7,259 | 16,680 | |||
Wilh Wilhelmsen Holding ASA, Class A | 3,674 | 79,931 | |||
XXL ASA (D) | 37,894 | 21,208 | |||
Peru 0.0% | 81,134 | ||||
Hochschild Mining PLC | 107,762 | 81,134 | |||
Philippines 0.0% | 33,176 | ||||
Del Monte Pacific, Ltd. | 136,300 | 33,176 | |||
Portugal 0.4% | 2,147,015 | ||||
Altri SGPS SA | 28,159 | 158,886 | |||
Banco Comercial Portugues SA | 2,882,517 | 419,376 | |||
Corticeira Amorim SGPS SA | 3,903 | 39,416 | |||
CTT-Correios de Portugal SA | 37,215 | 121,220 | |||
Greenvolt-Energias Renovaveis SA (A) | 7,722 | 74,598 | |||
Ibersol SGPS SA | 2,073 | 12,061 | |||
Mota-Engil SGPS SA | 23,312 | 28,089 | |||
NOS SGPS SA | 72,822 | 268,425 | |||
Novabase SGPS SA (A) | 4,612 | 21,277 | |||
REN - Redes Energeticas Nacionais SGPS SA | 155,280 | 411,647 | |||
Sonae SGPS SA | 291,709 | 293,210 | |||
The Navigator Company SA | 75,306 | 298,810 | |||
Singapore 1.3% | 7,933,257 | ||||
Accordia Golf Trust (A)(C) | 316,900 | 0 | |||
AEM Holdings, Ltd. | 62,200 | 201,369 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 76 |
Shares | Value | ||||
Singapore (continued) | |||||
Amara Holdings, Ltd. | 80,000 | $18,821 | |||
Ascendas India Trust | 238,300 | 193,871 | |||
Avarga, Ltd. (A) | 74,200 | 11,687 | |||
Aztech Global, Ltd. | 44,700 | 28,266 | |||
Banyan Tree Holdings, Ltd. (A) | 78,000 | 16,423 | |||
Best World International, Ltd. (A)(C) | 20,626 | 20,073 | |||
BOC Aviation, Ltd. (D) | 26,200 | 209,717 | |||
Bonvests Holdings, Ltd. | 36,400 | 26,598 | |||
Boustead Projects, Ltd. | 28,557 | 17,970 | |||
Boustead Singapore, Ltd. | 104,189 | 67,462 | |||
BRC Asia, Ltd. | 15,100 | 18,358 | |||
Bukit Sembawang Estates, Ltd. | 56,200 | 196,095 | |||
BW Energy, Ltd. (A) | 23,928 | 59,670 | |||
BW LPG, Ltd. (D) | 30,561 | 198,656 | |||
Centurion Corp., Ltd. | 85,000 | 23,119 | |||
China Aviation Oil Singapore Corp., Ltd. | 72,800 | 44,533 | |||
China Sunsine Chemical Holdings, Ltd. | 152,100 | 52,290 | |||
Chip Eng Seng Corp., Ltd. | 80,900 | 38,461 | |||
Chuan Hup Holdings, Ltd. | 109,000 | 17,547 | |||
ComfortDelGro Corp., Ltd. | 542,900 | 547,158 | |||
COSCO Shipping International Singapore Company, Ltd. (A) | 357,000 | 47,979 | |||
Creative Technology, Ltd. (A) | 11,500 | 15,390 | |||
CSE Global, Ltd. | 92,000 | 29,619 | |||
CW Group Holdings, Ltd. (A)(C) | 135,000 | 3,179 | |||
Dasin Retail Trust | 49,600 | 9,947 | |||
Delfi, Ltd. | 88,200 | 48,246 | |||
Ezion Holdings, Ltd. (A)(C) | 1,126,020 | 34,648 | |||
Ezra Holdings, Ltd. (A)(C) | 438,996 | 864 | |||
Far East Orchard, Ltd. | 60,031 | 46,364 | |||
First Resources, Ltd. | 136,100 | 146,702 | |||
Food Empire Holdings, Ltd. | 72,000 | 27,018 | |||
Fraser and Neave, Ltd. | 82,900 | 75,840 | |||
Fu Yu Corp., Ltd. | 142,200 | 26,451 | |||
Gallant Venture, Ltd. (A) | 264,000 | 23,757 | |||
Geo Energy Resources, Ltd. | 105,900 | 29,083 | |||
GK Goh Holdings, Ltd. | 21,000 | 13,581 | |||
Golden Agri-Resources, Ltd. | 1,788,300 | 358,499 | |||
Golden Energy & Resources, Ltd. (A) | 123,300 | 58,972 | |||
GSH Corp., Ltd. (A) | 51,600 | 5,675 | |||
GuocoLand, Ltd. | 69,700 | 83,666 | |||
Halcyon Agri Corp., Ltd. (A) | 88,757 | 12,977 | |||
Haw Par Corp., Ltd. | 33,500 | 261,986 | |||
Hiap Hoe, Ltd. | 38,000 | 20,637 | |||
Ho Bee Land, Ltd. | 53,300 | 107,053 |
77 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Singapore (continued) | |||||
Hong Fok Corp., Ltd. | 77,336 | $58,544 | |||
Hong Leong Asia, Ltd. | 70,600 | 37,861 | |||
Hong Leong Finance, Ltd. | 84,000 | 146,574 | |||
Hotel Grand Central, Ltd. | 48,457 | 33,855 | |||
HRnetgroup, Ltd. | 75,200 | 41,118 | |||
Hyflux, Ltd. (A)(B) | 154,800 | 15 | |||
iFAST Corp., Ltd. | 32,000 | 102,293 | |||
IGG, Inc. (A) | 234,000 | 100,595 | |||
Indofood Agri Resources, Ltd. | 58,100 | 13,085 | |||
InnoTek, Ltd. | 20,500 | 7,038 | |||
Japfa, Ltd. | 87,620 | 37,591 | |||
Kenon Holdings, Ltd. | 6,352 | 258,046 | |||
Keppel Infrastructure Trust | 925,655 | 376,960 | |||
Low Keng Huat Singapore, Ltd. | 64,000 | 20,108 | |||
Metro Holdings, Ltd. | 151,300 | 77,886 | |||
Micro-Mechanics Holdings, Ltd. | 5,200 | 11,679 | |||
Midas Holdings, Ltd. (A)(B)(C) | 249,000 | 29,079 | |||
Nanofilm Technologies International, Ltd. | 47,200 | 79,805 | |||
NetLink NBN Trust | 235,000 | 157,091 | |||
NSL, Ltd. | 29,000 | 17,208 | |||
OM Holdings, Ltd. | 69,157 | 31,432 | |||
OUE, Ltd. | 101,600 | 99,569 | |||
Oxley Holdings, Ltd. | 409,889 | 46,866 | |||
Pacific Century Regional Developments, Ltd. | 52,900 | 18,130 | |||
Pan-United Corp., Ltd. | 68,750 | 21,121 | |||
Propnex, Ltd. | 7,700 | 9,035 | |||
Q&M Dental Group Singapore, Ltd. | 57,720 | 16,065 | |||
QAF, Ltd. | 59,334 | 36,303 | |||
Raffles Education Corp., Ltd. (A) | 279,802 | 10,993 | |||
Raffles Medical Group, Ltd. | 275,918 | 274,544 | |||
Riverstone Holdings, Ltd. | 47,000 | 24,230 | |||
SATS, Ltd. (A) | 44,200 | 127,644 | |||
SBS Transit, Ltd. | 27,700 | 55,718 | |||
Sembcorp Marine, Ltd. (A) | 2,722,200 | 227,381 | |||
Sheng Siong Group, Ltd. | 203,300 | 235,640 | |||
SHS Holdings, Ltd. (A) | 84,000 | 9,186 | |||
SIA Engineering Company, Ltd. (A) | 69,400 | 122,886 | |||
SIIC Environment Holdings, Ltd. | 412,280 | 59,040 | |||
Sinarmas Land, Ltd. | 300,000 | 41,186 | |||
Sing Holdings, Ltd. | 79,000 | 21,199 | |||
Sing Investments & Finance, Ltd. | 28,600 | 30,492 | |||
Singapore Land Group, Ltd. | 55,200 | 100,179 | |||
Singapore Post, Ltd. | 387,200 | 160,504 | |||
Singapore Shipping Corp., Ltd. | 83,800 | 15,345 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 78 |
Shares | Value | ||||
Singapore (continued) | |||||
Stamford Land Corp., Ltd. | 159,940 | $44,049 | |||
StarHub, Ltd. | 185,200 | 162,818 | |||
Straits Trading Company, Ltd. | 22,100 | 51,507 | |||
Swiber Holdings, Ltd. (A)(C) | 128,250 | 6,002 | |||
The Hour Glass, Ltd. | 68,900 | 114,225 | |||
Thomson Medical Group, Ltd. | 654,600 | 40,749 | |||
Tuan Sing Holdings, Ltd. | 159,532 | 42,140 | |||
UMS Holdings, Ltd. | 144,312 | 136,787 | |||
United Overseas Insurance, Ltd. | 2,400 | 11,327 | |||
UOB-Kay Hian Holdings, Ltd. | 102,946 | 104,568 | |||
Vicom, Ltd. | 26,000 | 37,760 | |||
Wee Hur Holdings, Ltd. | 102,000 | 14,117 | |||
Wing Tai Holdings, Ltd. | 113,217 | 135,124 | |||
XP Power, Ltd. | 5,720 | 129,552 | |||
Yeo Hiap Seng, Ltd. | 9,032 | 5,136 | |||
South Africa 0.2% | 1,207,417 | ||||
Investec PLC | 69,529 | 334,207 | |||
Mediclinic International PLC (B) | 150,271 | 873,210 | |||
Spain 2.2% | 13,452,158 | ||||
Acerinox SA | 55,095 | 498,492 | |||
Aedas Homes SA (D) | 2,309 | 40,506 | |||
Alantra Partners SA | 6,267 | 81,594 | |||
Almirall SA | 23,587 | 212,781 | |||
Amper SA (A) | 307,165 | 54,483 | |||
Applus Services SA | 49,354 | 330,175 | |||
Atresmedia Corp. de Medios de Comunicacion SA | 33,653 | 92,162 | |||
Audax Renovables SA (A) | 25,087 | 27,699 | |||
Azkoyen SA | 4,660 | 27,634 | |||
Banco de Sabadell SA | 1,889,509 | 1,299,486 | |||
Bankinter SA | 223,987 | 1,147,891 | |||
Caja de Ahorros del Mediterraneo (A)(C) | 1,684 | 0 | |||
Cia de Distribucion Integral Logista Holdings SA | 17,943 | 348,746 | |||
CIE Automotive SA | 14,909 | 365,617 | |||
Construcciones y Auxiliar de Ferrocarriles SA | 6,278 | 181,663 | |||
Distribuidora Internacional de Alimentacion SA (A) | 1,894,676 | 25,386 | |||
Ebro Foods SA | 21,278 | 336,302 | |||
eDreams ODIGEO SA (A) | 22,487 | 121,667 | |||
Elecnor SA | 9,042 | 101,223 | |||
Enagas SA | 72,958 | 1,332,226 | |||
Ence Energia y Celulosa SA | 57,514 | 203,585 | |||
Ercros SA | 32,252 | 99,060 | |||
Faes Farma SA | 123,297 | 489,701 | |||
Fluidra SA | 18,959 | 303,244 |
79 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Spain (continued) | |||||
Fomento de Construcciones y Contratas SA | 16,212 | $145,567 | |||
Gestamp Automocion SA (D) | 23,136 | 84,709 | |||
Global Dominion Access SA (D) | 31,309 | 121,214 | |||
Grenergy Renovables SA (A) | 473 | 17,098 | |||
Grupo Catalana Occidente SA | 12,950 | 380,791 | |||
Grupo Empresarial San Jose SA | 8,498 | 33,885 | |||
Iberpapel Gestion SA | 2,945 | 39,794 | |||
Indra Sistemas SA | 50,727 | 398,836 | |||
Laboratorios Farmaceuticos Rovi SA | 6,307 | 309,612 | |||
Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | 207,632 | 224,365 | |||
Mapfre SA | 249,319 | 413,606 | |||
Melia Hotels International SA (A) | 39,823 | 241,511 | |||
Miquel y Costas & Miquel SA | 6,017 | 77,723 | |||
Neinor Homes SA (A)(D) | 8,814 | 90,419 | |||
Obrascon Huarte Lain SA (A) | 78,906 | 45,171 | |||
Oryzon Genomics SA (A) | 5,490 | 13,524 | |||
Pharma Mar SA | 2,818 | 164,136 | |||
Prim SA | 3,271 | 44,444 | |||
Promotora de Informaciones SA, Class A (A) | 66,046 | 31,310 | |||
Prosegur Cash SA (D) | 84,840 | 58,043 | |||
Prosegur Cia de Seguridad SA | 60,034 | 110,547 | |||
Realia Business SA (A) | 115,998 | 114,571 | |||
Renta 4 Banco SA | 1,156 | 10,923 | |||
Sacyr SA | 175,526 | 392,635 | |||
Solaria Energia y Medio Ambiente SA (A) | 24,393 | 517,951 | |||
Talgo SA (D) | 23,378 | 62,104 | |||
Tecnicas Reunidas SA (A)(B) | 9,565 | 59,261 | |||
Tubacex SA (A) | 47,684 | 106,171 | |||
Unicaja Banco SA (D) | 404,399 | 364,148 | |||
Vidrala SA | 5,628 | 356,259 | |||
Viscofan SA | 12,393 | 697,288 | |||
Vocento SA | 4,772 | 3,219 | |||
Sweden 2.5% | 15,443,451 | ||||
AcadeMedia AB (D) | 30,274 | 132,650 | |||
AddLife AB, B Shares | 746 | 9,655 | |||
AddNode Group AB | 34,536 | 315,879 | |||
AFRY AB | 6,464 | 85,208 | |||
Alimak Group AB (D) | 14,034 | 103,233 | |||
Alligo AB, Class B | 9,039 | 82,511 | |||
Ambea AB (D) | 14,053 | 56,980 | |||
Annehem Fastigheter AB, B Shares (A) | 9,576 | 26,550 | |||
AQ Group AB | 2,735 | 60,792 | |||
Arise AB (A) | 3,811 | 27,220 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 80 |
Shares | Value | ||||
Sweden (continued) | |||||
Arjo AB, B Shares | 59,921 | $269,118 | |||
Ascelia Pharma AB (A) | 6,350 | 11,888 | |||
Atrium Ljungberg AB, B Shares | 5,974 | 86,589 | |||
Attendo AB (A)(D) | 43,122 | 94,357 | |||
Balco Group AB | 1,878 | 11,233 | |||
BE Group AB | 899 | 8,585 | |||
Beijer Alma AB | 14,313 | 218,021 | |||
Beijer Electronics Group AB | 9,584 | 56,462 | |||
Bergman & Beving AB | 9,696 | 80,812 | |||
Besqab AB | 2,865 | 27,094 | |||
Betsson AB, B Shares (A) | 42,456 | 266,235 | |||
BHG Group AB (A) | 7,065 | 15,651 | |||
Bilia AB, A Shares | 25,661 | 319,248 | |||
BioGaia AB, B Shares | 9,112 | 73,539 | |||
Biotage AB | 16,718 | 281,236 | |||
Bjorn Borg AB (A) | 1,367 | 3,495 | |||
Bonava AB, B Shares | 29,697 | 106,297 | |||
Boozt AB (A)(D) | 10,812 | 63,385 | |||
Bravida Holding AB (D) | 41,754 | 377,848 | |||
Bufab AB | 9,144 | 212,072 | |||
Bulten AB | 5,708 | 34,057 | |||
Bure Equity AB | 10,798 | 213,284 | |||
Byggmax Group AB | 22,675 | 93,163 | |||
Careium AB (A) | 6,824 | 6,395 | |||
Catella AB | 7,961 | 29,081 | |||
Catena AB | 6,814 | 280,090 | |||
Cellavision AB | 3,828 | 120,080 | |||
Cibus Nordic Real Estate AB | 1,102 | 17,549 | |||
Clas Ohlson AB, B Shares | 12,179 | 109,858 | |||
Cloetta AB, B Shares | 67,383 | 117,799 | |||
Collector Bank AB (A) | 12,523 | 39,942 | |||
Coor Service Management Holding AB (D) | 27,066 | 209,570 | |||
Corem Property Group AB, B Shares | 96,298 | 112,303 | |||
Dios Fastigheter AB | 31,221 | 231,095 | |||
Doro AB (A) | 6,824 | 10,000 | |||
Duni AB (A) | 13,661 | 111,377 | |||
Dustin Group AB (D) | 23,623 | 136,596 | |||
Eastnine AB | 5,069 | 43,063 | |||
Elanders AB, B Shares | 3,277 | 46,417 | |||
Electrolux Professional AB, B Shares | 50,486 | 250,808 | |||
Eltel AB (A)(D) | 12,277 | 8,960 | |||
Enea AB (A)(B) | 7,057 | 61,673 | |||
eWork Group AB | 1,387 | 13,613 | |||
Fagerhult AB | 23,698 | 101,469 |
81 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Sweden (continued) | |||||
Fastighets AB Trianon | 12,708 | $33,872 | |||
FastPartner AB, A Shares | 10,041 | 65,903 | |||
Fingerprint Cards AB, B Shares (A)(B) | 82,439 | 54,860 | |||
FormPipe Software AB | 5,063 | 13,231 | |||
GARO AB | 7,356 | 79,961 | |||
Granges AB | 38,652 | 299,617 | |||
Green Landscaping Group AB (A)(D) | 1,280 | 8,159 | |||
Heba Fastighets AB, Class B (B) | 23,826 | 99,050 | |||
Hexatronic Group AB | 25,848 | 251,766 | |||
HMS Networks AB | 2,064 | 75,001 | |||
Hoist Finance AB (A)(D) | 26,484 | 80,182 | |||
Humana AB (A) | 14,866 | 60,910 | |||
Instalco AB | 50,540 | 252,268 | |||
Inwido AB | 19,565 | 191,334 | |||
ITAB Shop Concept AB (A) | 7,377 | 6,062 | |||
JM AB | 16,432 | 282,507 | |||
John Mattson Fastighetsforetagen AB (A) | 3,197 | 29,947 | |||
Karnov Group AB (A) | 20,439 | 109,715 | |||
K-fast Holding AB (A) | 1,830 | 4,348 | |||
KNOW IT AB | 8,357 | 210,082 | |||
Lagercrantz Group AB, B Shares | 43,145 | 395,275 | |||
LeoVegas AB (D) | 18,376 | 104,235 | |||
Lime Technologies AB | 2,186 | 62,671 | |||
Lindab International AB | 26,079 | 373,539 | |||
Loomis AB | 20,235 | 546,619 | |||
Medcap AB (A) | 503 | 10,059 | |||
Medivir AB, B Shares (A) | 9,480 | 6,857 | |||
MEKO AB | 14,892 | 136,011 | |||
Micro Systemation AB, Class B (A) | 896 | 4,226 | |||
MIPS AB | 8,371 | 377,213 | |||
Modern Times Group MTG AB, B Shares (A) | 36,780 | 322,069 | |||
Momentum Group AB (A) | 10,018 | 47,412 | |||
Munters Group AB (D) | 33,072 | 237,530 | |||
Mycronic AB | 21,344 | 253,118 | |||
NCAB Group AB (B) | 33,765 | 155,991 | |||
NCC AB, B Shares | 22,559 | 212,332 | |||
Nederman Holding AB | 5,899 | 89,717 | |||
Net Insight AB, B Shares (A) | 57,222 | 27,960 | |||
New Wave Group AB, B Shares | 15,049 | 242,056 | |||
Nobia AB | 40,167 | 103,450 | |||
Nolato AB, B Shares | 67,781 | 351,837 | |||
Nordic Paper Holding AB | 3,156 | 10,619 | |||
Nordic Waterproofing Holding AB | 9,734 | 157,454 | |||
Note AB (A) | 5,236 | 87,186 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 82 |
Shares | Value | ||||
Sweden (continued) | |||||
NP3 Fastigheter AB | 8,635 | $188,925 | |||
Nyfosa AB | 33,060 | 277,725 | |||
OEM International AB, B Shares | 25,746 | 170,139 | |||
Orexo AB (A) | 2,352 | 5,398 | |||
Ovzon AB (A) | 5,064 | 22,617 | |||
Platzer Fastigheter Holding AB, Series B | 22,159 | 171,761 | |||
Prevas AB, B Shares | 1,258 | 12,401 | |||
Pricer AB, B Shares (B) | 39,488 | 64,126 | |||
Proact IT Group AB | 9,725 | 81,772 | |||
Probi AB | 430 | 10,506 | |||
Ratos AB, B Shares | 70,754 | 297,617 | |||
RaySearch Laboratories AB (A) | 9,341 | 43,726 | |||
Rejlers AB | 1,827 | 23,805 | |||
Resurs Holding AB (D) | 53,512 | 114,017 | |||
Rottneros AB | 30,661 | 38,601 | |||
Scandi Standard AB (A) | 16,774 | 73,984 | |||
Scandic Hotels Group AB (A)(B)(D) | 53,782 | 190,982 | |||
Sdiptech AB, Class B (A) | 2,539 | 53,518 | |||
Semcon AB | 4,746 | 65,907 | |||
Sensys Gatso Group AB (A) | 223,958 | 22,441 | |||
Serneke Group AB (A) | 2,199 | 8,318 | |||
Sintercast AB | 1,910 | 20,008 | |||
SkiStar AB | 14,295 | 183,945 | |||
Softronic AB, B Shares | 8,843 | 20,227 | |||
Solid Forsakring AB (A) | 5,351 | 23,281 | |||
Stendorren Fastigheter AB (A) | 3,938 | 73,777 | |||
Systemair AB | 31,828 | 165,171 | |||
Tethys Oil AB | 6,455 | 38,629 | |||
TF Bank AB | 1,172 | 17,485 | |||
Troax Group AB | 12,463 | 201,645 | |||
VBG Group AB, B Shares | 6,568 | 77,681 | |||
Vitec Software Group AB, B Shares | 5,912 | 220,540 | |||
Volati AB | 1,139 | 12,522 | |||
XANO Industri AB, Class B | 3,940 | 43,958 | |||
Switzerland 7.1% | 43,377,415 | ||||
Adecco Group AG | 4,340 | 137,580 | |||
Allreal Holding AG | 5,416 | 849,121 | |||
ALSO Holding AG (A) | 2,278 | 378,701 | |||
APG SGA SA | 514 | 97,140 | |||
Arbonia AG | 17,476 | 229,069 | |||
Aryzta AG (A) | 347,674 | 406,916 | |||
Ascom Holding AG | 7,226 | 46,607 | |||
Autoneum Holding AG | 1,174 | 131,614 |
83 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Switzerland (continued) | |||||
Bachem Holding AG | 333 | $23,059 | |||
Baloise Holding AG | 4,372 | 630,962 | |||
Banque Cantonale de Geneve, Bearer Shares | 764 | 132,831 | |||
Banque Cantonale Vaudoise | 8,190 | 777,149 | |||
Belimo Holding AG | 3,480 | 1,320,088 | |||
Bell Food Group AG | 841 | 220,338 | |||
Bellevue Group AG | 3,105 | 101,130 | |||
Berner Kantonalbank AG | 1,951 | 438,289 | |||
BKW AG | 7,192 | 871,238 | |||
Bobst Group SA | 3,328 | 268,146 | |||
Bossard Holding AG, Class A | 2,262 | 450,260 | |||
Bucher Industries AG | 2,228 | 793,819 | |||
Burckhardt Compression Holding AG | 1,086 | 454,783 | |||
Burkhalter Holding AG | 1,594 | 137,285 | |||
Bystronic AG | 529 | 335,667 | |||
Calida Holding AG | 2,101 | 91,656 | |||
Carlo Gavazzi Holding AG, Bearer Shares | 231 | 67,786 | |||
Cavotec SA (A) | 16,419 | 25,816 | |||
Cembra Money Bank AG | 10,730 | 723,662 | |||
Cicor Technologies, Ltd. (A) | 495 | 22,141 | |||
Cie Financiere Tradition SA, Bearer Shares | 872 | 92,916 | |||
Clariant AG (A) | 80,053 | 1,478,045 | |||
Coltene Holding AG (A) | 1,519 | 129,894 | |||
Comet Holding AG | 2,242 | 389,898 | |||
Daetwyler Holding AG, Bearer Shares | 1,591 | 317,396 | |||
DKSH Holding AG | 12,759 | 949,304 | |||
dormakaba Holding AG | 1,021 | 428,164 | |||
Dufry AG (A) | 21,044 | 785,205 | |||
EDAG Engineering Group AG | 3,415 | 38,608 | |||
EFG International AG (A) | 36,347 | 305,443 | |||
Emmi AG | 752 | 662,414 | |||
Energiedienst Holding AG | 4,888 | 209,907 | |||
Evolva Holding SA (A) | 222,970 | 21,705 | |||
Feintool International Holding AG | 1,968 | 42,376 | |||
Fenix Outdoor International AG (B) | 1,259 | 100,484 | |||
Ferrexpo PLC | 114,621 | 197,160 | |||
Flughafen Zurich AG (A) | 6,753 | 1,137,099 | |||
Forbo Holding AG | 331 | 413,036 | |||
Fundamenta Real Estate AG (A) | 5,047 | 85,622 | |||
Galenica AG (D) | 17,196 | 1,209,212 | |||
GAM Holding AG (A) | 66,118 | 65,646 | |||
Georg Fischer AG | 28,748 | 1,557,647 | |||
Gurit Holding AG, Bearer Shares (B) | 1,224 | 128,136 | |||
Helvetia Holding AG | 12,955 | 1,427,918 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 84 |
Shares | Value | ||||
Switzerland (continued) | |||||
Hiag Immobilien Holding AG | 1,495 | $130,637 | |||
Highlight Communications AG, Bearer Shares (A) | 4,309 | 15,875 | |||
Huber + Suhner AG | 6,278 | 522,890 | |||
Hypothekarbank Lenzburg AG | 17 | 74,513 | |||
Implenia AG (A) | 5,768 | 170,351 | |||
Ina Invest Holding AG (A) | 1,963 | 39,448 | |||
Inficon Holding AG | 601 | 418,973 | |||
Interroll Holding AG | 227 | 519,013 | |||
Intershop Holding AG | 540 | 351,837 | |||
Investis Holding SA | 1,197 | 133,888 | |||
IWG PLC (A) | 236,270 | 440,390 | |||
Jungfraubahn Holding AG (A) | 1,918 | 237,264 | |||
Kardex Holding AG | 2,463 | 431,847 | |||
Komax Holding AG | 1,203 | 313,425 | |||
Kongsberg Automotive ASA (A) | 252,962 | 64,418 | |||
Kudelski SA, Bearer Shares | 14,739 | 42,037 | |||
Landis+Gyr Group AG (A) | 7,144 | 417,902 | |||
LEM Holding SA | 176 | 289,849 | |||
Luzerner Kantonalbank AG | 1,177 | 494,764 | |||
Medacta Group SA (D) | 1,793 | 157,891 | |||
medmix AG (D) | 7,405 | 164,828 | |||
Meier Tobler Group AG | 2,721 | 84,376 | |||
Metall Zug AG, B Shares | 78 | 158,544 | |||
Mikron Holding AG | 1,756 | 15,401 | |||
Mobilezone Holding AG | 15,596 | 258,193 | |||
Mobimo Holding AG | 2,647 | 649,815 | |||
Novavest Real Estate AG (A) | 1,200 | 54,873 | |||
OC Oerlikon Corp. AG | 64,142 | 468,524 | |||
Orascom Development Holding AG (A) | 6,368 | 50,956 | |||
Orell Fuessli AG | 223 | 19,353 | |||
Orior AG | 2,567 | 200,619 | |||
Phoenix Mecano AG, Bearer Shares (B) | 307 | 112,816 | |||
Plazza AG, Class A | 228 | 76,876 | |||
PSP Swiss Property AG | 16,870 | 1,908,554 | |||
Rieter Holding AG | 934 | 95,361 | |||
Romande Energie Holding SA | 149 | 174,043 | |||
Schaffner Holding AG | 235 | 74,177 | |||
Schweiter Technologies AG, Bearer Shares | 389 | 408,122 | |||
Sensirion Holding AG (A)(D) | 3,030 | 281,176 | |||
SFS Group AG | 6,442 | 602,064 | |||
Siegfried Holding AG (A) | 1,421 | 1,133,980 | |||
SIG Group AG (A) | 10,795 | 253,112 | |||
Softwareone Holding AG (A) | 12,460 | 163,813 | |||
St. Galler Kantonalbank AG, Class A | 1,161 | 546,028 |
85 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Switzerland (continued) | |||||
Sulzer AG | 6,238 | $372,277 | |||
Swiss Prime Site AG | 14,610 | 1,256,491 | |||
Swiss Steel Holding AG (A) | 218,185 | 64,915 | |||
Swissquote Group Holding SA | 3,479 | 385,978 | |||
Tecan Group AG | 933 | 343,307 | |||
Temenos AG | 3,584 | 293,508 | |||
Thurgauer Kantonalbank | 384 | 46,795 | |||
Tornos Holding AG (A) | 3,182 | 16,582 | |||
TX Group AG | 974 | 149,712 | |||
u-blox Holding AG (A) | 2,977 | 412,606 | |||
Valiant Holding AG | 5,508 | 521,877 | |||
Valora Holding AG | 1,513 | 400,816 | |||
Varia US Properties AG | 1,653 | 82,249 | |||
VAT Group AG (D) | 3,786 | 905,257 | |||
Vaudoise Assurances Holding SA | 345 | 145,006 | |||
Vetropack Holding AG | 4,450 | 156,005 | |||
Von Roll Holding AG, Bearer Shares (A) | 24,922 | 21,191 | |||
Vontobel Holding AG | 9,818 | 604,053 | |||
VZ Holding AG | 5,067 | 405,330 | |||
V-ZUG Holding AG (A) | 900 | 70,826 | |||
Walliser Kantonalbank | 1,001 | 113,573 | |||
Warteck Invest AG | 74 | 162,897 | |||
Ypsomed Holding AG | 687 | 104,972 | |||
Zehnder Group AG | 3,793 | 224,076 | |||
Zueblin Immobilien Holding AG (A) | 324 | 8,227 | |||
Zug Estates Holding AG, B Shares | 91 | 188,232 | |||
Zuger Kantonalbank AG, Bearer Shares | 50 | 361,753 | |||
Taiwan 0.0% | 7,860 | ||||
FIT Hon Teng, Ltd. (A)(D) | 53,000 | 7,860 | |||
United Arab Emirates 0.0% | 152,529 | ||||
Borr Drilling, Ltd. (A)(B) | 23,104 | 92,647 | |||
Lamprell PLC (A) | 68,445 | 7,008 | |||
Shelf Drilling, Ltd. (A)(D) | 33,573 | 52,874 | |||
United Kingdom 11.3% | 68,954,906 | ||||
4imprint Group PLC | 7,346 | 324,314 | |||
A.G. Barr PLC | 37,251 | 218,109 | |||
Accesso Technology Group PLC (A) | 5,085 | 34,216 | |||
Advanced Medical Solutions Group PLC | 52,400 | 183,235 | |||
AJ Bell PLC | 70,522 | 240,529 | |||
Alfa Financial Software Holdings PLC (D) | 23,667 | 47,185 | |||
Alliance Pharma PLC | 126,363 | 139,283 | |||
Allied Minds PLC (A)(B) | 61,129 | 8,491 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 86 |
Shares | Value | ||||
United Kingdom (continued) | |||||
Anglo Pacific Group PLC | 78,847 | $150,953 | |||
Anglo-Eastern Plantations PLC | 9,864 | 102,842 | |||
AO World PLC (A) | 9,865 | 5,193 | |||
Appreciate Group PLC | 35,409 | 11,805 | |||
Ascential PLC (A) | 115,514 | 272,096 | |||
Ashmore Group PLC | 105,627 | 248,882 | |||
Aston Martin Lagonda Global Holdings PLC (A)(D) | 922 | 4,760 | |||
Avon Protection PLC | 12,292 | 114,809 | |||
Babcock International Group PLC (A) | 181,450 | 692,038 | |||
Bakkavor Group PLC (D) | 32,786 | 30,477 | |||
Balfour Beatty PLC | 234,276 | 857,015 | |||
Beazley PLC | 206,218 | 1,391,487 | |||
Begbies Traynor Group PLC | 38,310 | 65,385 | |||
Bellway PLC | 25,195 | 595,719 | |||
Benchmark Holdings PLC (A) | 779 | 370 | |||
Biffa PLC (D) | 86,723 | 404,803 | |||
Bloomsbury Publishing PLC | 38,149 | 186,205 | |||
BlueJay Mining PLC (A) | 84,591 | 6,093 | |||
Bodycote PLC | 71,378 | 455,133 | |||
Boohoo Group PLC (A) | 11,648 | 5,637 | |||
Braemar Shipping Services PLC | 7,806 | 30,055 | |||
Brewin Dolphin Holdings PLC | 101,255 | 602,079 | |||
Britvic PLC | 87,158 | 792,106 | |||
Brooks Macdonald Group PLC | 1,996 | 51,621 | |||
Bytes Technology Group PLC | 60,003 | 289,564 | |||
Camellia PLC | 237 | 16,023 | |||
Capita PLC (A) | 486,752 | 146,255 | |||
Capricorn Energy PLC (A) | 199,866 | 538,710 | |||
Card Factory PLC (A) | 136,843 | 65,272 | |||
CareTech Holdings PLC | 23,103 | 200,120 | |||
Carillion PLC (A)(C) | 114,263 | 12,730 | |||
Carr’s Group PLC | 23,815 | 36,762 | |||
Castings PLC | 13,200 | 48,418 | |||
Cazoo Group, Ltd. (A) | 33,834 | 22,835 | |||
Central Asia Metals PLC | 46,495 | 123,794 | |||
CentralNic Group PLC (A) | 19,004 | 25,923 | |||
Centrica PLC (A) | 546,421 | 479,246 | |||
Chemring Group PLC | 105,376 | 381,819 | |||
Chesnara PLC | 61,626 | 216,101 | |||
Circassia Group PLC (A) | 16,959 | 6,656 | |||
City of London Investment Group PLC | 2,827 | 13,480 | |||
Clarkson PLC | 10,111 | 353,391 | |||
Close Brothers Group PLC | 50,051 | 592,125 | |||
CMC Markets PLC (D) | 55,565 | 148,196 |
87 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
United Kingdom (continued) | |||||
Coats Group PLC | 427,949 | $298,267 | |||
Cohort PLC | 2,227 | 13,343 | |||
Computacenter PLC | 27,178 | 778,560 | |||
Concentric AB | 12,935 | 239,674 | |||
ContourGlobal PLC (D) | 49,511 | 147,998 | |||
Costain Group PLC (A) | 45,591 | 21,119 | |||
Countryside Partnerships PLC (A)(D) | 154,103 | 431,553 | |||
Cranswick PLC | 17,981 | 643,383 | |||
Crest Nicholson Holdings PLC | 95,773 | 260,283 | |||
Currys PLC | 375,642 | 276,674 | |||
CVS Group PLC | 18,950 | 399,262 | |||
De La Rue PLC (A) | 64,689 | 64,557 | |||
Debenhams PLC (A)(B)(C) | 306,827 | 0 | |||
Devro PLC | 66,965 | 144,834 | |||
DFS Furniture PLC | 54,530 | 79,316 | |||
Dialight PLC (A) | 10,395 | 30,205 | |||
Dignity PLC (A)(B) | 17,624 | 87,026 | |||
Diploma PLC | 25,041 | 728,542 | |||
DiscoverIE Group PLC | 27,936 | 255,854 | |||
Domino’s Pizza Group PLC | 130,292 | 356,603 | |||
dotdigital Group PLC | 58,741 | 59,270 | |||
Drax Group PLC | 150,318 | 1,108,827 | |||
Dunelm Group PLC | 34,295 | 273,710 | |||
DWF Group PLC (D) | 37,853 | 43,072 | |||
EKF Diagnostics Holdings PLC | 106,847 | 50,612 | |||
Elementis PLC (A) | 199,175 | 255,713 | |||
EMIS Group PLC | 18,782 | 410,844 | |||
Energean PLC (A) | 31,914 | 479,195 | |||
EnQuest PLC (A) | 492,057 | 170,737 | |||
Epwin Group PLC | 19,976 | 16,968 | |||
Ergomed PLC (A) | 9,984 | 129,351 | |||
Esken, Ltd. (A) | 117,527 | 7,132 | |||
Essentra PLC | 113,656 | 261,617 | |||
Euromoney Institutional Investor PLC | 43,783 | 738,004 | |||
FD Technologies PLC (A) | 3,745 | 69,127 | |||
FDM Group Holdings PLC | 28,133 | 246,989 | |||
Fevertree Drinks PLC | 21,640 | 228,940 | |||
Firstgroup PLC | 189,934 | 252,965 | |||
Forterra PLC (D) | 82,151 | 252,073 | |||
Foxtons Group PLC | 98,524 | 42,558 | |||
Frasers Group PLC (A) | 49,988 | 465,443 | |||
Frontier Developments PLC (A) | 5,118 | 86,736 | |||
Fuller Smith & Turner PLC, Class A | 10,874 | 72,070 | |||
Funding Circle Holdings PLC (A)(D) | 33,089 | 12,509 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 88 |
Shares | Value | ||||
United Kingdom (continued) | |||||
Galliford Try Holdings PLC | 47,040 | $86,078 | |||
Games Workshop Group PLC | 8,785 | 723,391 | |||
Gamma Communications PLC | 13,529 | 169,223 | |||
GB Group PLC | 4,555 | 23,578 | |||
Gem Diamonds, Ltd. | 43,118 | 17,577 | |||
Genel Energy PLC | 61,282 | 101,019 | |||
Genuit Group PLC | 85,251 | 355,310 | |||
Genus PLC | 633 | 18,459 | |||
Gooch & Housego PLC | 2,166 | 15,207 | |||
Goodwin PLC | 1,823 | 59,391 | |||
Grainger PLC | 232,562 | 724,097 | |||
Greggs PLC | 33,313 | 712,082 | |||
Gulf Keystone Petroleum, Ltd. | 90,739 | 254,048 | |||
H&T Group PLC | 5,754 | 31,224 | |||
Halfords Group PLC | 66,664 | 100,778 | |||
Hargreaves Services PLC | 890 | 4,650 | |||
Harworth Group PLC | 8,825 | 14,513 | |||
Hays PLC | 559,083 | 758,046 | |||
Headlam Group PLC | 33,700 | 105,720 | |||
Helical PLC | 42,397 | 191,826 | |||
Helios Towers PLC (A) | 187,834 | 269,178 | |||
Henry Boot PLC | 36,616 | 118,823 | |||
Hill & Smith Holdings PLC | 31,285 | 377,951 | |||
Hilton Food Group PLC | 23,845 | 267,971 | |||
Hollywood Bowl Group PLC | 49,809 | 99,482 | |||
HomeServe PLC | 28,513 | 392,521 | |||
Hunting PLC | 47,796 | 159,862 | |||
Hyve Group PLC (A) | 76,614 | 62,144 | |||
Ibstock PLC (D) | 154,024 | 338,534 | |||
IDOX PLC | 29,457 | 23,589 | |||
IG Group Holdings PLC | 46,926 | 445,325 | |||
IMI PLC | 7,514 | 99,938 | |||
Impax Asset Management Group PLC | 20,876 | 151,527 | |||
Inchcape PLC | 125,230 | 1,099,661 | |||
Indivior PLC (A) | 215,064 | 720,614 | |||
IntegraFin Holdings PLC | 59,801 | 186,416 | |||
International Personal Finance PLC | 94,841 | 110,230 | |||
iomart Group PLC | 31,934 | 66,098 | |||
IP Group PLC | 277,752 | 225,425 | |||
IQE PLC (A) | 38,448 | 15,206 | |||
J.D. Wetherspoon PLC (A) | 23,201 | 129,935 | |||
James Fisher & Sons PLC (A) | 13,980 | 55,532 | |||
James Halstead PLC | 76,488 | 181,915 | |||
JET2 PLC (A) | 34,848 | 345,100 |
89 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
United Kingdom (continued) | |||||
John Wood Group PLC (A) | 185,912 | $278,337 | |||
Johnson Service Group PLC (A) | 91,766 | 102,537 | |||
Jupiter Fund Management PLC | 161,824 | 182,477 | |||
Just Group PLC | 404,736 | 337,970 | |||
Kainos Group PLC | 25,158 | 396,916 | |||
Keller Group PLC | 27,337 | 222,506 | |||
Kier Group PLC (A) | 111,930 | 93,129 | |||
Kin & Carta PLC (A) | 45,157 | 107,282 | |||
Knights Group Holdings PLC | 2,146 | 2,525 | |||
Lancashire Holdings, Ltd. | 86,022 | 493,583 | |||
Learning Technologies Group PLC | 150,338 | 199,184 | |||
Liontrust Asset Management PLC | 16,912 | 179,617 | |||
Lookers PLC | 154,856 | 146,655 | |||
LSL Property Services PLC | 33,235 | 130,377 | |||
Luceco PLC (D) | 36,040 | 32,793 | |||
M&C Saatchi PLC (A) | 32 | 60 | |||
Macfarlane Group PLC | 27,112 | 33,474 | |||
Man Group PLC | 551,859 | 1,559,475 | |||
Marks & Spencer Group PLC (A) | 402,446 | 568,696 | |||
Marshalls PLC | 72,550 | 281,361 | |||
Marston’s PLC (A) | 244,595 | 103,104 | |||
ME Group International PLC | 110,712 | 112,665 | |||
Mears Group PLC | 41,935 | 102,004 | |||
Medica Group PLC | 4,810 | 8,705 | |||
Meggitt PLC (A) | 160,510 | 1,487,608 | |||
Metro Bank PLC (A) | 2,940 | 2,763 | |||
Micro Focus International PLC | 91,332 | 549,893 | |||
Midwich Group PLC | 2,530 | 15,548 | |||
Mitchells & Butlers PLC (A) | 102,509 | 183,332 | |||
Mitie Group PLC | 489,675 | 411,248 | |||
MJ Gleeson PLC | 19,340 | 104,134 | |||
Moneysupermarket.com Group PLC | 180,232 | 411,995 | |||
Morgan Advanced Materials PLC | 109,524 | 337,648 | |||
Morgan Sindall Group PLC | 15,566 | 310,770 | |||
Mortgage Advice Bureau Holdings, Ltd. | 9,104 | 100,545 | |||
Motorpoint group PLC (A) | 20,167 | 46,256 | |||
MP Evans Group PLC | 6,022 | 56,639 | |||
N. Brown Group PLC (A) | 58,390 | 16,985 | |||
Naked Wines PLC (A) | 2,243 | 3,475 | |||
National Express Group PLC (A) | 190,812 | 387,261 | |||
NCC Group PLC | 114,776 | 262,403 | |||
Next Fifteen Communications Group PLC (B) | 27,404 | 272,732 | |||
Nichols PLC | 1,774 | 22,829 | |||
Ninety One PLC | 96,134 | 220,238 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 90 |
Shares | Value | ||||
United Kingdom (continued) | |||||
Norcros PLC | 22,835 | $56,056 | |||
Numis Corp. PLC | 26,686 | 75,734 | |||
Odfjell Technology, Ltd. (A) | 5,943 | 14,888 | |||
OSB Group PLC | 100,393 | 640,075 | |||
Oxford Biomedica PLC (A) | 16,239 | 85,952 | |||
Oxford Instruments PLC | 19,072 | 444,887 | |||
Pagegroup PLC | 108,196 | 543,442 | |||
Pan African Resources PLC | 407,545 | 86,567 | |||
Pantheon Resources PLC (A)(B) | 33,186 | 51,369 | |||
Paragon Banking Group PLC | 89,187 | 554,367 | |||
PayPoint PLC | 22,715 | 169,167 | |||
Pendragon PLC (A) | 460,065 | 119,351 | |||
Pennon Group PLC | 76,977 | 833,457 | |||
Petrofac, Ltd. (A) | 125,282 | 173,282 | |||
Pets at Home Group PLC | 176,478 | 648,377 | |||
Pharos Energy PLC (A) | 103,615 | 28,994 | |||
Phoenix Spree Deutschland, Ltd. | 5,180 | 17,998 | |||
Polar Capital Holdings PLC | 22,271 | 118,372 | |||
Porvair PLC | 10,112 | 63,106 | |||
Premier Foods PLC | 275,473 | 344,713 | |||
Provident Financial PLC | 82,094 | 164,274 | |||
PZ Cussons PLC | 89,165 | 201,059 | |||
QinetiQ Group PLC | 201,352 | 813,583 | |||
Quilter PLC (D) | 466,912 | 569,638 | |||
Rank Group PLC (A) | 69,151 | 60,411 | |||
Rathbones Group PLC | 19,807 | 414,050 | |||
Reach PLC | 105,636 | 90,809 | |||
Record PLC | 16,553 | 14,026 | |||
Redcentric PLC | 1,167 | 1,457 | |||
Redde Northgate PLC | 71,007 | 281,843 | |||
Redrow PLC | 94,845 | 557,161 | |||
Renew Holdings PLC | 17,714 | 132,101 | |||
Renewi PLC (A) | 30,519 | 274,786 | |||
Renishaw PLC | 7,520 | 321,653 | |||
Ricardo PLC | 20,401 | 109,332 | |||
RM PLC | 12,019 | 6,728 | |||
Robert Walters PLC | 18,372 | 110,221 | |||
Rotork PLC | 285,161 | 818,070 | |||
RPS Group PLC | 86,944 | 212,863 | |||
RWS Holdings PLC | 12,808 | 51,185 | |||
S&U PLC | 1,096 | 26,145 | |||
Sabre Insurance Group PLC (D) | 72,221 | 96,323 | |||
Saga PLC (A) | 41,405 | 72,294 | |||
Savannah Energy PLC (A) | 124,942 | 47,946 |
91 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
United Kingdom (continued) | |||||
Savills PLC | 49,755 | $546,430 | |||
ScS Group PLC | 4,496 | 8,147 | |||
Senior PLC (A) | 149,122 | 224,846 | |||
Serco Group PLC | 289,638 | 587,472 | |||
Serica Energy PLC | 43,799 | 189,604 | |||
Severfield PLC | 117,388 | 80,401 | |||
SIG PLC (A) | 288,336 | 112,040 | |||
Smart Metering Systems PLC | 32,595 | 343,979 | |||
Smiths News PLC | 42,303 | 15,075 | |||
Smoove PLC (A) | 8,708 | 6,072 | |||
Softcat PLC | 33,287 | 499,157 | |||
Spectris PLC | 19,631 | 634,733 | |||
Speedy Hire PLC | 172,366 | 81,819 | |||
Spire Healthcare Group PLC (A)(D) | 99,139 | 267,095 | |||
Spirent Communications PLC | 202,832 | 606,720 | |||
Sportech PLC | 8,795 | 2,062 | |||
SSP Group PLC (A) | 210,302 | 515,328 | |||
SThree PLC | 43,418 | 177,238 | |||
Stolt-Nielsen, Ltd. | 4,318 | 92,273 | |||
Studio Retail Group PLC (A)(C) | 18,987 | 25,366 | |||
STV Group PLC | 8,849 | 28,451 | |||
Superdry PLC (A) | 17,005 | 24,719 | |||
Synthomer PLC | 127,600 | 291,332 | |||
Tate & Lyle PLC | 116,545 | 1,032,030 | |||
Tatton Asset Management PLC | 9,513 | 43,078 | |||
TClarke PLC | 22,432 | 36,676 | |||
Ted Baker PLC (A) | 36,654 | 46,337 | |||
Telecom Plus PLC | 23,239 | 524,994 | |||
The Go-Ahead Group PLC (A) | 17,259 | 309,605 | |||
The Gym Group PLC (A)(D) | 50,921 | 85,352 | |||
The Parkmead Group PLC (A) | 14,125 | 10,136 | |||
The Restaurant Group PLC (A) | 170,186 | 80,782 | |||
The Vitec Group PLC | 13,617 | 222,389 | |||
Topps Tiles PLC | 62,375 | 35,059 | |||
TORM PLC, Class A | 11,033 | 213,935 | |||
TP ICAP Group PLC | 267,274 | 476,646 | |||
Travis Perkins PLC | 67,649 | 665,310 | |||
Treatt PLC | 3,086 | 18,560 | |||
Trellus Health PLC (A) | 6,575 | 631 | |||
Tribal Group PLC | 17,103 | 16,844 | |||
Trifast PLC | 32,876 | 36,664 | |||
TT Electronics PLC | 64,139 | 113,697 | |||
Tullow Oil PLC (A)(B) | 630,952 | 354,340 | |||
Tyman PLC | 39,993 | 106,688 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 92 |
Shares | Value | ||||
United Kingdom (continued) | |||||
Verici Dx PLC (A) | 2,137 | $496 | |||
Vertu Motors PLC | 120,571 | 67,920 | |||
Vesuvius PLC | 80,276 | 322,982 | |||
Victrex PLC | 29,925 | 607,007 | |||
Virgin Money UK PLC | 331,243 | 572,747 | |||
Vistry Group PLC | 71,404 | 639,475 | |||
Volex PLC | 43,306 | 134,441 | |||
Volution Group PLC | 57,817 | 233,957 | |||
Vp PLC | 3,980 | 37,120 | |||
Watches of Switzerland Group PLC (A)(D) | 56,394 | 512,272 | |||
Watkin Jones PLC | 61,285 | 134,675 | |||
WH Smith PLC (A) | 35,928 | 595,568 | |||
Wickes Group PLC | 89,428 | 123,979 | |||
Wilmington PLC | 8,311 | 28,153 | |||
Wincanton PLC | 48,344 | 189,704 | |||
Xaar PLC (A) | 24,649 | 59,280 | |||
Young & Company’s Brewery PLC | 2,256 | 18,101 | |||
Young & Company’s Brewery PLC, Class A | 5,978 | 81,558 | |||
Zotefoams PLC | 4,703 | 16,459 | |||
United States 0.9% | 5,285,528 | ||||
ADTRAN Holdings, Inc. | 15,333 | 354,406 | |||
Argonaut Gold, Inc. (A) | 105,540 | 37,367 | |||
Atlantic Sapphire ASA (A) | 11,883 | 22,364 | |||
Aura Minerals, Inc. | 700 | 4,408 | |||
Burford Capital, Ltd. | 47,843 | 447,550 | |||
Diversified Energy Company PLC | 242,396 | 371,982 | |||
Energy Fuels, Inc. (A) | 17,269 | 140,298 | |||
Frontage Holdings Corp. (A)(D) | 84,000 | 27,499 | |||
GXO Logistics, Inc. (A) | 628 | 27,871 | |||
Perpetua Resources Corp. (A) | 7,000 | 18,068 | |||
Primo Water Corp. | 753 | 9,894 | |||
Primo Water Corp. (Toronto Stock Exchange) | 49,861 | 654,892 | |||
PureTech Health PLC (A) | 59,300 | 170,265 | |||
REC Silicon ASA (A) | 90,960 | 187,429 | |||
Reliance Worldwide Corp., Ltd. | 186,301 | 489,460 | |||
Samsonite International SA (A)(D) | 207,900 | 508,220 | |||
Sims, Ltd. | 51,011 | 526,304 | |||
SSR Mining, Inc. | 70,020 | 945,258 | |||
SunOpta, Inc. (A) | 2,100 | 20,853 | |||
SunOpta, Inc. (Toronto Stock Exchange) (A) | 29,045 | 288,825 | |||
Viemed Healthcare, Inc. (A) | 1,216 | 7,211 | |||
Viemed Healthcare, Inc. (Toronto Stock Exchange) (A) | 4,200 | 25,104 |
93 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Preferred securities 0.3% | $1,562,524 | ||||
(Cost $1,729,963) | |||||
Germany 0.3% | 1,562,524 | ||||
Draegerwerk AG & Company KGaA | 3,073 | 145,394 | |||
Fuchs Petrolub SE | 21,316 | 576,891 | |||
Jungheinrich AG | 14,274 | 348,483 | |||
Sixt SE | 4,887 | 292,099 | |||
STO SE & Company KGaA | 842 | 131,696 | |||
Villeroy & Boch AG | 3,600 | 67,961 | |||
Rights 0.0% | $12,972 | ||||
(Cost $0) | |||||
7C Solarparken AG (Expiration Date: 9-6-22; Strike Price: EUR 4.55) (A) | 13,369 | 253 | |||
Decmil Group, Ltd. (Expiration Date: 9-6-23; Strike Price: AUD 0.40) (A) | 3,773 | 0 | |||
EQT Holdings, Ltd. (Expiration Date: 9-8-22; Strike Price: AUD 24.00) (A) | 1,164 | 1,195 | |||
Intercell AG (A)(C)(E) | 8,699 | 0 | |||
Raffles Education Corp., Ltd. (Expiration Date: 9-19-22; Strike Price: SGD 0.85) (A) | 5,316 | 0 | |||
SJM Holdings, Ltd. (Expiration Date: 9-15-22; Strike Price: HKD 2.08) (A) | 135,000 | 11,524 | |||
Warrants 0.0% | $2,592 | ||||
(Cost $0) | |||||
European Lithium, Ltd. (Expiration Date: 3-31-25; Strike Price: AUD 0.18) (A) | 19,944 | 164 | |||
Ezion Holdings, Ltd. (Expiration Date: 4-6-23; Strike Price: SGD 0.28) (A)(B) | 260,891 | 0 | |||
MECOM Power and Construction, Ltd. (Expiration Date: 5-24-23; Strike Price: HKD 4.47) (A) | 18,400 | 380 | |||
Treasury Metals, Inc. (Expiration Date: 8-7-23; Strike Price: CAD 1.50) (A) | 2,119 | 65 | |||
Webuild SpA (Expiration Date: 8-2-30) (A)(E) | 5,704 | 1,983 | |||
Yield (%) | Shares | Value | |||
Short-term investments 2.4% | $14,958,658 | ||||
(Cost $14,958,371) | |||||
Short-term funds 2.4% | 14,958,658 | ||||
John Hancock Collateral Trust (F) | 2.3160(G) | 1,496,854 | 14,958,658 |
Total investments (Cost $623,064,992) 101.2% | $617,889,054 | ||||
Other assets and liabilities, net (1.2%) | (7,586,580) | ||||
Total net assets 100.0% | $610,302,474 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
Currency Abbreviations | |
AUD | Australian Dollar |
CAD | Canadian Dollar |
EUR | Euro |
HKD | Hong Kong Dollar |
SGD | Singapore Dollar |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 94 |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 8-31-22. |
(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. |
(D) | These securities are 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. |
(E) | Strike price and/or expiration date not available. |
(F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(G) | The rate shown is the annualized seven-day yield as of 8-31-22. |
95 | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
Mini MSCI EAFE Index Futures | 35 | Long | Sep 2022 | $3,253,998 | $3,196,550 | $(57,448) |
$(57,448) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK INTERNATIONAL SMALL COMPANY FUND | 96 |
(b) Not applicable.
ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 8. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 9. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
Not applicable.
ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
The registrant has adopted procedures by which shareholders may recommend nominees to the registrant's Board of Trustees. A copy of the procedures is filed as an exhibit to this Form
N-CSR. See attached "John Hancock Funds – Nominating, Governance and Administration Committee Charter".
ITEM 11. 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 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 13. EXHIBITS.
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
/s/ Andrew Arnott
Andrew Arnott
President
Date: October 11, 2022
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.
/s/ Andrew Arnott
Andrew Arnott
President
Date: October 11, 2022
/s/ Charles A. Rizzo
Charles A. Rizzo
Chief Financial Officer
Date: October 11, 2022