XML 14 R3.htm IDEA: XBRL DOCUMENT v3.3.1.900
(John Hancock U.S. Global Leaders Growth Fund)

INVESTMENT OBJECTIVE

To seek long-term growth of capital.

FEES AND EXPENSES

This table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts on Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 in the John Hancock family of funds. More information about these and other discounts is available from your financial representative and on pages 17 to 18 of this prospectus under "Sales charge reductions and waivers" or pages 133 to 137 of the fund's Statement of Additional Information under "Initial sales charge on Class A shares."

Shareholder fees (%) (fees paid directly from your investment)

Shareholder Fees - (John Hancock U.S. Global Leaders Growth Fund) - USD ($)
Class A
Class B
Class C
Class I
Class R2
Class R6
Maximum front-end sales charge (load) on purchases, as a % of purchase price 5.00% none none none none none
Maximum deferred sales charge (load) as a % of purchase or sale price, whichever is less 1.00% [1] 5.00% 1.00% none none none
Small account fee (for fund account balances under $1,000) ($) $ 20 $ 20 $ 20 none none none
[1] (on certain purchases, including those of $1 million or more)

Annual fund operating expenses (%) (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses - (John Hancock U.S. Global Leaders Growth Fund)
Class A
Class B
Class C
Class I
Class R2
Class R6
Management fee 0.74% 0.74% 0.74% 0.74% 0.74% 0.74%
Distribution and service (Rule 12b-1) fees 0.25% 1.00% 1.00% none 0.25% none
Service plan fee none none none none 0.25% [1] none
Additional other expenses 0.19% 0.19% 0.19% 0.17% 0.07% 0.08%
Total other expenses 0.19% 0.19% 0.19% 0.17% 0.32% 0.08%
Total annual fund operating expenses 1.18% 1.93% 1.93% 0.91% 1.31% 0.82%
Contractual expense reimbursement none none none none none (0.02%) [2]
Total annual fund operating expenses after expense reimbursements 1.18% 1.93% 1.93% 0.91% 1.31% 0.80%
[1] "Service plan fee" has been restated to reflect maximum allowable fees.
[2] The advisor contractually agrees to waive and/or reimburse all class-specific expenses for Class R6 shares to the extent they exceed 0.00% of average annual net assets (on an annualized basis) attributable to the class. This agreement expires on February 28, 2017, unless renewed by mutual agreement of the fund and the advisor based upon a determination that this is appropriate under the circumstances at that time.

EXPENSE EXAMPLE

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. Please see below a hypothetical example showing the expenses of a $10,000 investment for the time periods indicated and then, except as shown below, assuming you sell all of your shares at the end of those periods. The example assumes a 5% average annual return and that fund expenses will not change over the periods. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

Sold

Expense Example - (John Hancock U.S. Global Leaders Growth Fund) - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 614 856 1,117 1,860
Class B 696 906 1,242 2,059
Class C 296 606 1,042 2,254
Class I 93 290 504 1,120
Class R2 133 415 718 1,579
Class R6 82 260 453 1,012

Not Sold

Expense Example, No Redemption - (John Hancock U.S. Global Leaders Growth Fund) - USD ($)
1 Year
3 Years
5 Years
10 Years
Class B 196 606 1,042 2,059
Class C 196 606 1,042 2,254

PORTFOLIO TURNOVER

The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund's performance. During its most recent fiscal year, the fund's portfolio turnover rate was 30% of the average value of its portfolio.

PRINCIPAL INVESTMENT STRATEGIES

Under normal market conditions, at least 80% of the fund's net assets (plus any borrowings for investment purposes) will be invested in common stocks of companies the subadvisor regards as U.S. Global Leaders.

The manager considers U.S. Global Leaders to be U.S. companies with multinational operations that typically exhibit the following key sustainable growth characteristics: (i) hold leading market shares of their relevant industries that result in higher profit margins and high investment returns; and (ii) supply consumable products or services so that their revenue streams are recurring.

The manager seeks to identify companies with superior long-term earnings prospects and will hold them as long as the manager believes they are not overvalued and their prospects for capital growth remain favorable. As a result of its investment strategy, the fund typically invests in large-capitalization companies (companies in the capitalization range of the S&P 500 Index, $4 billion to $530 billion as of December 31, 2015).

The fund is non-diversified, which allows it to focus its assets in a smaller number of issuers than a diversified fund and make larger investments in individual companies. The fund may focus on a particular sector or sectors of the economy.

The fund may invest in other types of equity securities, including up to 20% of its net assets in foreign companies and in U.S.-traded securities of large-capitalization, well-established foreign issuers.

PRINCIPAL RISKS

An investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Many factors affect performance, and fund shares will fluctuate in price, meaning you could lose money. The fund's investment strategy may not produce the intended results.

During periods of heightened market volatility or reduced liquidity, governments, their agencies, or other regulatory bodies, both within the United States and abroad, may take steps to intervene. These actions, which could include legislative, regulatory, or economic initiatives, might have unforeseeable consequences and could adversely affect the fund's performance or otherwise constrain the fund's ability to achieve its investment objective.

The fund's main risks are listed below in alphabetical order. Before investing, be sure to read the additional descriptions of these risks beginning on page 5 of the prospectus.

Cybersecurity risk. Cybersecurity breaches may allow an unauthorized party to gain access to fund assets, customer data, or proprietary information, or cause a fund or its service providers to suffer data corruption or lose operational functionality. Similar incidents affecting issuers of a fund's securities may negatively impact performance.

Economic and market events risk. Events in the U.S. and global financial markets, including actions taken by the U.S. Federal Reserve or foreign central banks to stimulate or stabilize economic growth, may at times result in unusually high market volatility, which could negatively impact performance. Reduced liquidity in credit and fixed-income markets could adversely affect issuers worldwide. Banks and financial services companies could suffer losses if interest rates rise or economic conditions deteriorate.

Equity securities risk. The price of equity securities may decline due to changes in a company's financial condition or overall market conditions. Growth company securities may fluctuate more in price than other securities because of the greater emphasis on earnings expectations. Securities the manager believes are undervalued may never realize their full potential value, and in certain markets value stocks may underperform the market as a whole.

Foreign securities risk. Less information may be publicly available regarding foreign issuers. Foreign securities may be subject to foreign taxes and may be more volatile than U.S. securities. Currency fluctuations and political and economic developments may adversely impact the value of foreign securities.

Large company risk. Larger companies may grow more slowly than smaller companies or be slower to respond to business developments. Large-capitalization securities may underperform the market as a whole.

Non-diversified risk. Adverse events affecting a particular issuer or group of issuers may magnify losses for non-diversified funds, which may invest a large portion of assets in any one issuer or a small number of issuers.

Sector risk. When a fund focuses its investments in certain sectors of the economy, its performance may be driven largely by sector performance and could fluctuate more widely than if the fund were invested more evenly across sectors.

PAST PERFORMANCE

The following information illustrates the variability of the fund's returns and provides some indication of the risks of investing in the fund by showing changes in the fund's performance from year to year compared with a broad-based market index. Past performance (before and after taxes) does not indicate future results. The Russell 1000 Growth Index shows how the fund's performance compares against the returns of similar investments. All figures assume dividend reinvestment. Performance information is updated daily, monthly, and quarterly and may be obtained at our website, jhinvestments.com, or by calling 800-225-5291, Monday to Thursday, 8:00 A.M.—7:00 P.M., and Friday, 8:00 A.M.—6:00 P.M., Eastern time (Class A, Class B and Class C), or 888-972-8696 between 8:30 A.M. and 5:00 P.M., Eastern time, on most business days (Class I, Class R2, and Class R6).

A note on performance

Class A, Class R6, and Class R2 shares commenced operations on September 29, 1995, September 1, 2011, and March 1, 2012, respectively. Returns shown prior to these classes' commencement dates are those of Class A shares that have been recalculated to reflect the gross fees and expenses of the applicable class. Returns for Class R2 and Class R6 shares would have been substantially similar to returns of Class A shares because each class is invested in the same portfolio of securities and returns would differ only to the extent that expenses of the classes are different.

Please note that after-tax returns (shown for Class A shares only) reflect the highest individual federal marginal income-tax rate in effect as of the date provided and do not reflect any state or local taxes. Your actual after-tax returns may be different. After-tax returns are not relevant to shares held in an IRA, 401(k), or other tax-advantaged investment plan. After-tax returns for other share classes would vary.

Calendar year total returns (%)—Class A (sales charges are not reflected in the bar chart and returns would have been lower if they were)

Bar Chart

Best quarter: Q2 '09, 15.33%

Worst quarter: Q4 '08, –26.07%

Average annual total returns (%)—as of 12/31/15

Average Annual Total Returns - (John Hancock U.S. Global Leaders Growth Fund)
1 Year
5 Years
10 Years
Class A 2.67% 11.74% 6.82%
Class A | after tax on distributions 1.16% 10.25% 6.02%
Class A | after tax on distributions, with sale 2.78% 9.22% 5.43%
Class B 2.28% 11.79% 6.72%
Class C 6.28% 12.05% 6.57%
Class I 8.38% 13.26% 7.79%
Class R2 7.91% 12.83% 7.28%
Class R6 8.50% 13.35% 7.80%
S&P 500 Index (reflects no deduction for fees, expenses, or taxes) 1.38% 12.57% 7.31%
Russell 1000 Growth Index (reflects no deduction for fees, expenses, or taxes) 5.67% 13.53% 8.53%