Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Portfolio Construction

Hancock Adds Lifestyle Funds To 529 Menu

Your article was successfully shared with the contacts you provided.

A company is giving purchasers of college savings plans a choice of 3 risk-adjusted investment options.

John Hancock, Boston, a unit of Manulife Financial Corp., Toronto, says it will add growth, balanced and moderate lifestyle portfolios to the John Hancock Freedom 529 product.

The new Lifestyle 529 portfolios are available in the A, B and C2 share classes.

The portfolios invest in other Hancock portfolios.

The managers of the growth portfolio put about 80% of its assets in stock. Managers have about 60% of the balanced portfolio assets in stock and 40% of the moderate portfolio assets in stock.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.