John Hancock Alternative Asset Allocation Fund Class I 

This fund aims to achieve long-term capital appreciation for investors. It accomplishes this by strategically allocating its assets across various underlying funds, which may be managed internally or by external companies, including exchange-traded funds (ETFs). These underlying investments specifically concentrate on alternative or less conventional asset classes and sophisticated investment strategies. Such exposures encompass international small-capitalization equities, growth-oriented emerging market stocks, commodities, market-neutral strategies (including long/short positions), global real estate ventures, natural resources, Treasury Inflation-Protected Securities (TIPS), worldwide fixed-income instruments, high-yield debt, bank loans, foreign exchange trading strategies, absolute return mandates, managed futures, arbitrage opportunities, dynamic tactical asset allocation, and debt issued by developing nations.