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Jul. 03, 2017
 
John Hancock Variable Insurance Trust
Supplement dated July 1, 2017
to the Prospectus dated May 1, 2017
 
Blue Chip Growth Trust
 
Effective July 1, 2017, the information found under "Fees and expenses" and "Expense example" is amended and restated as follows to reflect the new advisory fee schedule:
 
Fees and expenses
 
This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. The fees and expenses do not reflect fees and expenses of any variable insurance contract that may use the fund as its underlying investment medium and would be higher if they did.
 
Annual fund operating expenses (%) (expenses that you pay each year as a percentage of the value of your investment)
Series I
Series II
Series NAV
Management fee​1
0.75
0.75
0.75
Distribution and service (Rule 12b-1) fees
0.05
0.25
0.00
Other expenses2
0.03
0.03
0.03
Total annual fund operating expenses
0.83
1.03
0.78
 
1 "Management fee" has been restated to reflect the contractual management fee schedule effective July 1, 2017.
2 "Other expenses" shown exclude certain one-time credits received in the prior fiscal year equivalent to -0.01%.
 
Expense example
 
The examples are intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The examples assume that $10,000 is invested in the fund for the periods indicated and then all shares are redeemed at the end of those periods. The examples also assume that the investment has a 5% return each year and that the fund's operating expenses remain the same. The expense example does not reflect fees and expenses of any variable insurance contract that may use the fund as its underlying investment medium and would be higher if they did. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
 
Expenses ($)
Series I
Series II
Series NAV
1 year
85
105
80
3 years
265
328
249
5 years
460
569
433
10 years
1,025
1,259
966
 


Small Cap Growth Trust
 
Effective July 1, 2017, the information found under "Fees and expenses" and "Expense example" is amended and restated as follows to reflect the new advisory fee schedule:
 
Fees and expenses
 
This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. The fees and expenses do not reflect fees and expenses of any variable insurance contract that may use the fund as its underlying investment medium and would be higher if they did.
 
Annual fund operating expenses (%) (expenses that you pay each year as a percentage of the value of your investment)
Series I
Series II
Series NAV
Management fee1
1.00
1.00
1.00
Distribution and service (Rule 12b-1) fees
0.05
0.25
0.00
Other expenses​2
0.05
0.05
0.05
Total annual fund operating expenses
1.10
1.30
1.05
 
1 "Management fee" has been restated to reflect the contractual management fee schedule effective July 1, 2017.
2 "Other expenses" shown exclude certain one-time credits received in the prior fiscal year equivalent to -0.06%.
 
Expense example
 
The examples are intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The examples assume that $10,000 is invested in the fund for the periods indicated and then all shares are redeemed at the end of those periods. The examples also assume that the investment has a 5% return each year and that the fund's operating expenses remain the same. The expense example does not reflect fees and expenses of any variable insurance contract that may use the fund as its underlying investment medium and would be higher if they did. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
 
Expenses ($)
Series I
Series II
Series NAV
1 year
112
132
107
3 years
350
412
334
5 years
606
713
579
10 years
1,340
1,568
1,283