Expense Ratio History

JRLKX expense ratio history

2015 Lifetime Blend Portfolio, Class R4

Fund company
John Hancock
Type
Mutual fund

1.22%

In basis points
122 basis points
Yearly cost per $10,000
$122
Prospectus dated
1 January 2025, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.20% on 1 January 2025

Fee over time

JRLKX expense ratio: 2.83% until 1 Jan 2016, then 2.01%; 2.01% until 31 Mar 2017, then 1.44%; 1.44% until 1 Jan 2018, then 1.26%; 1.26% until 1 Jan 2019, then 1.31%; 1.31% until 1 Jan 2020, then 1.26%; 1.26% until 31 Dec 2020, then 1.33%; 1.33% until 1 Jan 2022, then 1.31%; 1.31% until 1 Jan 2023, then 1.25%; 1.25% until 1 Jan 2024, then 1.20%; 1.20% until 1 Jan 2025, then 1.22%; read at 1.22% on 1 Jan 2025.0.00%1.00%2.00%3.00%4.00%Nov 2013Oct 2015Sep 2017Aug 2019Jul 2021Jun 20232.83% before1.22% from 1 Jan 2025
JRLKX expense ratio: 2.83% until 1 Jan 2016, then 2.01%; 2.01% until 31 Mar 2017, then 1.44%; 1.44% until 1 Jan 2018, then 1.26%; 1.26% until 1 Jan 2019, then 1.31%; 1.31% until 1 Jan 2020, then 1.26%; 1.26% until 31 Dec 2020, then 1.33%; 1.33% until 1 Jan 2022, then 1.31%; 1.31% until 1 Jan 2023, then 1.25%; 1.25% until 1 Jan 2024, then 1.20%; 1.20% until 1 Jan 2025, then 1.22%; read at 1.22% on 1 Jan 2025.0.00%1.00%2.00%3.00%4.00%Nov 2013Sep 2017Jul 20212.83% before1.22% from 1 Jan 2025
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 9 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
— — 1.02% 0.49% 1 Jan 2020
— — 1.84% 1.15% 1 Jan 2017
— — 2.16% 0.98% 1 Jan 2016
— — 1.74% 1.05% 1 Jan 2017
JRLKX (this page) Class R4 1.22% 0.62% 1 Jan 2025
— — 0.96% 0.43% 1 Jan 2020
JRLLX Class R6 0.87% 0.37% 1 Jan 2025
JRLIX Class 1 0.91% 0.41% 1 Jan 2025
JHAOX Class A 1.28% 0.78% 1 Jan 2025

Every figure we've recorded

DateFeeWhat happened
1 Jan 2025 1.22% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2025 1.22% Raised from 1.20% to 1.22%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-12-20
1 Jan 2024 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2024 1.20% Cut from 1.25% to 1.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-12-21
1 Jan 2023 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2023 1.25% Cut from 1.31% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-12-23
1 Jan 2022 1.31% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2022 1.31% Cut from 1.33% to 1.31%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-12-23
1 Jan 2021 1.33% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Dec 2020 1.33% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-12-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Dec 2020 1.33% Raised from 1.26% to 1.33%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2020-12-31
1 Jan 2020 1.26% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2020 1.26% Cut from 1.31% to 1.26%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-01-17
1 Jan 2019 1.31% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2019 1.31% Raised from 1.26% to 1.31%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-01-22
1 Jan 2018 1.26% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2018 1.26% Cut from 1.44% to 1.26%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-01-19
31 Mar 2017 1.44% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-03-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Mar 2017 1.44% Cut from 2.01% to 1.44%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-04-20
1 Jan 2016 2.01% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2016 2.01% Cut from 2.83% to 2.01%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-01-22
6 Nov 2013 2.83% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-11-06 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.22% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,484 in fees over 10 years

After fees, $10,000 grows to $14,450.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$125
3 years$389
5 years$674
10 years$1,484

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 12 prospectuses for this share class since 2013. Each one is listed above with a link to the filing.

How we read fees

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