0001133228-18-004461.txt : 20180710 0001133228-18-004461.hdr.sgml : 20180710 20180710093646 ACCESSION NUMBER: 0001133228-18-004461 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 15 FILED AS OF DATE: 20180710 DATE AS OF CHANGE: 20180710 EFFECTIVENESS DATE: 20180710 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JOHN HANCOCK VARIABLE INSURANCE TRUST CENTRAL INDEX KEY: 0000756913 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-94157 FILM NUMBER: 18946138 BUSINESS ADDRESS: STREET 1: 601 CONGRESS STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-663-3000 MAIL ADDRESS: STREET 1: 601 CONGRESS STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: JOHN HANCOCK TRUST DATE OF NAME CHANGE: 20050124 FORMER COMPANY: FORMER CONFORMED NAME: MANUFACTURERS INVESTMENT TRUST DATE OF NAME CHANGE: 19971022 FORMER COMPANY: FORMER CONFORMED NAME: NASL SERIES FUND INC DATE OF NAME CHANGE: 19881030 0000756913 S000008222 Core Bond Trust C000022374 NAV C000022375 Series I C000022376 Series II 0000756913 S000008233 Global Bond Trust C000022418 NAV C000022419 Series I C000022420 Series II 0000756913 S000008313 Small Cap Value Trust C000022711 NAV C000022712 Series I C000022713 Series II 0000756913 S000029541 International Growth Stock Trust C000090646 Series I C000090647 Series II C000090648 NAV 497 1 e497-jhvit.htm JOHN HANCOCK VARIABLE INSURANCE TRUST - 497 XBRL e497-jhvit.htm - Generated by SEC Publisher for SEC Filing  

JOHN HANCOCK VARIABLE INSURANCE TRUST

601 Congress Street

Boston, Massachusetts 02210

 

 

July 10, 2018

 

VIA EDGAR

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, D.C. 20549

 

Re:

John Hancock Variable Insurance Trust (the “Trust”) on behalf of:

Core Bond Trust, Global Bond Trust, International Growth Stock Trust and Small Cap Value Trust (the “funds”)
File Nos. 2-94157; 811-04146

 

Ladies and Gentlemen:

 

On behalf of the Trust, transmitted for filing, pursuant to Rule 497 under the Securities Act of 1933, are exhibits containing interactive data format risk/return summary information for the funds.

 

The interactive data files included as exhibits to this filing relate to the prospectus supplement filed with the Securities and Exchange Commission on June 21, 2018 on behalf of the funds pursuant to Rule 497(e) (Accession No. 0001133228-18-004051), which is incorporated by reference into this Rule 497 Document.

 

If you have any questions, please call the undersigned at 617-572-0420.

 

Sincerely,

 

 

/s/ Harsha Pulluru

Harsha Pulluru

Assistant Secretary of the Trust

 


 
 

Exhibit Index

 

 

EX-101.INS

XBRL Instance Document

EX-101.SCH

XBRL Taxonomy Extension Schema Document

EX-101.CAL

XBRL Taxonomy Extension Calculation Linkbase Document

EX-101.DEF

XBRL Taxonomy Extension Definition Linkbase Document

EX-101.LAB

XBRL Taxonomy Extension Labels Linkbase Document

EX-101.PRE

XBRL Taxonomy Extension Presentation Linkbase Document

 

EX-101.INS 2 jhvit-20180621.xml XBRL INSTANCE DOCUMENT 0000756913 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000008233Member jhvit-20180621:AAAAMember 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000029541Member jhvit-20180621:BBBBMember 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000008222Member jhvit-20180621:CCCCMember 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000008222Member jhvit-20180621:C000022375Member jhvit-20180621:CCCCMember 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000008222Member jhvit-20180621:C000022376Member jhvit-20180621:CCCCMember 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000008222Member jhvit-20180621:C000022374Member jhvit-20180621:CCCCMember 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000008313Member jhvit-20180621:DDDDMember 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000008313Member jhvit-20180621:C000022712Member jhvit-20180621:DDDDMember 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000008313Member jhvit-20180621:C000022713Member jhvit-20180621:DDDDMember 2018-06-21 2018-06-21 0000756913 jhvit-20180621:S000008313Member jhvit-20180621:C000022711Member jhvit-20180621:DDDDMember 2018-06-21 2018-06-21 xbrli:pure iso4217:USD xbrli:shares iso4217:USD xbrli:shares 497 2017-12-31 JOHN HANCOCK VARIABLE INSURANCE TRUST 0000756913 false 2018-04-30 2018-06-21 2018-06-21 <div><br /> </div > <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; FONT-WEIGHT: bold; TEXT-ALIGN: center">John Hancock Variable Insurance Trust</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; FONT-WEIGHT: bold; TEXT-ALIGN: center">Supplement dated June 21, 2018</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; FONT-WEIGHT: bold; TEXT-ALIGN: center">to the current Prospectus dated April 30, 2018 (the "Prospectus")</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">&#160;</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; TEXT-ALIGN: left">On June 21, 2018, the Board of Trustees of the Trust approved changing the principal investment strategies of Global Bond Trust and International Growth Stock Trust, as well as the advisory fees for Core Bond Trust and Small Cap Value Trust, as detailed below.</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">&#160;</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; FONT-WEIGHT: bold; TEXT-ALIGN: left">Global Bond Trust (the "fund")</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br /> </div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; margin-left: 0in">Effective June 21, 2018, principal investment strategies of the fund are amended and restated as follows:</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br /> </div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; margin-left: 0in">Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed-income instruments that are economically tied to at least three countries (one of which may be the United States). 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The fund may invest, without limitation, in securities and instruments that are economically tied to emerging countries. The fund may invest up to 20% of its total assets in fixed-income securities of any rating. The fund may invest in baskets of foreign currencies (such as the euro) and directly in currencies. 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The examples assume that $10,000 is invested in the fund for the periods indicated and then all shares are redeemed at the end of those periods. The examples also assume that the investment has a 5% return each year and that the fund's operating expenses remain the same. The expense example does not reflect fees and expenses of any variable insurance contract that may use the fund as its underlying investment option and would be higher if they did. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</div> <div style="FONT-SIZE: 6pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">&#160;</div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial', Times, serif; WIDTH: 100%; margin-left: 0.0in" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 55%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold">Expenses ($)</font></div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: right">Series I</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: right">Series II</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: right">Series NAV</div> </td> </tr> <tr> <td style="WIDTH: 55%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: left">&#160;</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: right">&#160;</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: right">&#160;</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: right">&#160;</div> </td> </tr> <tr> <td style="WIDTH: 55%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: left; FONT-WEIGHT: bold; BACKGROUND-COLOR:#cceeff">1 year</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: right; BACKGROUND-COLOR:#cceeff">67</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: right; BACKGROUND-COLOR:#cceeff">88</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: right; BACKGROUND-COLOR:#cceeff">62</div> </td> </tr> <tr> <td style="WIDTH: 55%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: left; FONT-WEIGHT: bold; BACKGROUND-COLOR:#ffffff">3 years</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: right; BACKGROUND-COLOR:#ffffff">211</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; 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FONT-FAMILY: Arial; TEXT-ALIGN: left">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 option and would be higher if they did.</div> <div style="FONT-SIZE: 6pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">&#160;</div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial', Times, serif; WIDTH: 100%; margin-left: 0.0in" cellspacing="0" cellpadding="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; WIDTH: 55%; VERTICAL-ALIGN: bottom"> <div style="TEXT-ALIGN: left"><font style="FONT-WEIGHT: bold">Annual fund operating expenses (%)</font> (expenses that you pay each year as a percentage of the value of your investment)</div> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-WEIGHT: bold; TEXT-ALIGN: right">Series I</div> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-WEIGHT: bold; 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FONT-FAMILY: Arial; WIDTH: 1.5%; VERTICAL-ALIGN: top"> <div style="TEXT-ALIGN: left"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">2</sup></div> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; WIDTH: 98.5%; VERTICAL-ALIGN: bottom"> <div style="TEXT-ALIGN: left">"Acquired fund fees and expenses" are based on indirect net expenses associated with the fund's investments in underlying investment companies.</div> </td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; WIDTH: 1.5%; VERTICAL-ALIGN: top"> <div style="TEXT-ALIGN: left"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">3</sup></div> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; WIDTH: 98.5%; VERTICAL-ALIGN: bottom"> <div style="TEXT-ALIGN: left">The "Total annual fund operating expenses" shown may not correlate to the fund's ratios of expenses to average daily net assets shown in the "Financial highlights" section of the fund's prospectus, which does not include "Acquired fund fees and expenses."</div> </td> </tr> </table> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br /> </div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; FONT-WEIGHT: bold; TEXT-ALIGN: left">Expense example</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br /> </div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; TEXT-ALIGN: left">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 $10,000 is invested in the fund for the periods indicated and then all shares are redeemed at the end of those periods. The examples also assume that the investment has a 5% return each year and that the fund's operating expenses remain the same. The expense example does not reflect fees and expenses of any variable insurance contract that may use the fund as its underlying investment option and would be higher if they did. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</div> <div style="FONT-SIZE: 6pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">&#160;</div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial', Times, serif; WIDTH: 100%; margin-left: 0.0in" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 55%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold">Expenses ($)</font></div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: right">Series I</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: right">Series II</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: right">Series NAV</div> </td> </tr> <tr> <td style="WIDTH: 55%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: left">&#160;</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: right">&#160;</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: left">&#160;</div> </td> </tr> <tr> <td style="WIDTH: 55%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; BACKGROUND-COLOR:#cceeff">1 year</div> </td> <td style="WIDTH: 15%; VERTICAL-ALIGN: bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-ALIGN: right; BACKGROUND-COLOR:#cceeff">115</div> </td> <td style="WIDTH: 15%; 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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 option and would be higher if they did. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">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 option and would be higher if they did. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</p> The "Total annual fund operating expenses" shown may not correlate to the fund's ratios of expenses to average daily net assets shown in the "Financial highlights" section of the fund's prospectus, which does not include "Acquired fund fees and expenses." <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed-income instruments that are economically tied to at least three countries (one of which may be the United States). These fixed-income instruments may be denominated in foreign currencies or in U.S. dollars, and may be represented by forwards or derivatives, such as options, futures contracts, or swap agreements.</p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">In selecting securities for the fund, the subadvisor utilizes economic forecasting, interest rate anticipation, credit and call risk analysis, foreign currency exchange rate forecasting, and other security selection techniques. The proportion of the fund's assets committed to investment in securities with particular characteristics (such as maturity, type and coupon rate) will vary based on the subadvisor's outlook for the U.S. and foreign economies, the financial markets, and other factors.</p> <p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">The types of fixed-income securities in which the fund may invest include the following securities which, unless otherwise noted, may be issued by domestic or foreign issuers and may be denominated in U.S. dollars or foreign currencies:</p> <ul><li> <p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">securities issued or guaranteed by the U.S. government, its agencies or government-sponsored enterprises;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">corporate debt securities of U.S. and foreign issuers, including convertible securities and corporate commercial paper;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">mortgage-backed and other asset-backed securities;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">inflation-indexed bonds issued by both governments and corporations;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">bank capital and trust preferred securities;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">structured notes, including hybrid or "indexed" securities and event-linked bonds;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">loan participations and assignments;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">delayed funding loans and revolving credit facilities;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">bank certificates of deposit, fixed time deposits and bankers' acceptances;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">debt securities issued by states or local governments and their agencies, authorities and other government-sponsored enterprises;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">repurchase agreements and reverse repurchase agreements;</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">obligations of foreign governments or their subdivisions, agencies and government-sponsored enterprises; and</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">obligations of international agencies or supranational entities.</p></li></ul> <p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">Fixed-income securities may have fixed, variable, or floating rates of interest, including rates of interest that vary inversely at a multiple of a designated or floating rate, or that vary according to change in relative values of currencies.</p> <p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">Depending on the subadvisor's current opinion as to the proper allocation of assets among domestic and foreign issuers, investments that are economically tied to foreign (non-U.S.) countries will normally be at least 25% of the fund's net assets. The fund may invest, without limitation, in securities and instruments that are economically tied to emerging countries. The fund may invest up to 20% of its total assets in fixed-income securities of any rating. The fund may invest in baskets of foreign currencies (such as the euro) and directly in currencies. The average portfolio duration of the fund normally varies within three years (plus or minus) of the duration of the benchmark index, as calculated by the subadvisor.</p> <p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">The fund's investment process may, at times, result in a higher than average portfolio turnover ratio and increased trading expenses.</p> <p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">The fund may make short sales of a security including short sales "against the box."</p> <p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">The fund is non-diversified, which means that it may invest in a smaller number of issuers than a diversified fund and may invest more of its assets in the securities of a single issuer.</p> <p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">The fund may:</p> <ul><li> <p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">purchase and sell options on domestic and foreign securities, securities indexes and currencies,</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">purchase and sell futures and options on futures,</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">purchase and sell currency or securities on a forward basis, and</p></li> <li><p style="font-size:10pt; font-family:arial; padding-top:2;padding-bottom:0;padding-left:0;">enter into interest rate, index, equity, total return, currency, and credit default swap agreements.</p></li></ul> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">The fund invests primarily in a diversified portfolio of international securities whose issuers are considered by the fund's subadvisor to have potential for earnings or revenue growth. The fund will, under normal circumstances, invest at least 80% of its net assets (plus any borrowings for investment purposes) in stocks. The fund invests primarily in the securities of large-capitalization issuers; however, the fund may invest a significant amount of its net assets in the securities of mid-capitalization issuers.</p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">The fund invests primarily in equity and depositary receipts of in foreign issuers. The principal types of equity securities in which the fund invests are common and preferred stock. The fund's equity securities investments include China-A Shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange). The fund invests, under normal circumstances, in issuers economically tied to at least three countries outside of the U.S. The fund may also invest in issuers located in developing countries (emerging markets). Under normal circumstances, the maximum percentage of the fund's net assets that may be invested in these issuers is 1.25 times of the emerging market weight of the MSCI All Country World ex-USA Growth Index.</p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">The fund invests primarily in the securities of large-capitalization issuers and may invest a significant amount of its net assets in the securities of mid-capitalization issuers. The fund can invest in derivative instruments including forward foreign currency contracts and futures. The fund can utilize forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated, though the fund has not typically used these instruments. The fund can also invest in futures contracts to gain exposure to the broad market in connection with managing cash balances or to hedge against downside risk. The fund has the ability to hedge currency exposures created by its investments in foreign securities.</p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">The portfolio managers employ a disciplined investment strategy that emphasizes fundamental research. The fundamental research primarily focuses on identifying quality growth companies and is supported by quantitative analysis, portfolio construction and risk management. Investments for the portfolio are selected bottom-up on a security-by-security basis. The focus is on the strengths of individual issuers, rather than sector or country trends.</p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">The portfolio managers' strategy primarily focuses on identifying issuers that they believe have sustainable earnings growth, efficient capital allocation, and attractive prices.</p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">The fund's portfolio managers may consider selling a security for several reasons, including when (1) its price changes such that they believe it has become too expensive, (2) the original investment thesis for the company is no longer valid, or (3) a more compelling investment opportunity is identified. </p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">Use of Hedging and Other Strategic Transactions. The fund is authorized to use various hedging, derivatives and other strategic transactions, including, but not limited to, U.S. Treasury futures and options, index derivatives, credit default swaps and currency forwards, described under "Additional Information about the Funds' Principal Risks – Hedging, derivatives and other strategic transactions risk."</p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;"><b>Fees and expenses</b></p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">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 option and would be higher if they did.</p> 0.0057 0.0005 0.0004 0.0066 0.0057 0.0057 0.0025 0.0004 0.0086 0.0000 0.0004 0.0061 67 211 368 822 88 274 477 1061 62 195 340 762 <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;"><b>Fees and expenses</b></p> <p style="font-size:10pt;padding-top:2;padding-bottom:0;padding-left:0;">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 option and would be higher if they did.</p> 0.0098 0.0005 0.0005 0.0005 0.0113 0.0098 0.0025 0.0005 0.0005 0.0133 0.0098 0.0000 0.0005 0.0005 0.0108 115 359 622 1375 135 421 729 1601 110 343 595 1317 "Management fee" has been restated to reflect the contractual management fee schedule effective July 1, 2018. "Acquired fund fees and expenses" are based on indirect net expenses associated with the fund's investments in underlying investment companies. The "Total annual fund operating expenses" shown may not correlate to the fund's ratios of expenses to average daily net assets shown in the "Financial highlights" section of the fund's prospectus, which does not include "Acquired fund fees and expenses." 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Jun. 21, 2018

John Hancock Variable Insurance Trust
Supplement dated June 21, 2018
to the current Prospectus dated April 30, 2018 (the "Prospectus")
 
On June 21, 2018, the Board of Trustees of the Trust approved changing the principal investment strategies of Global Bond Trust and International Growth Stock Trust, as well as the advisory fees for Core Bond Trust and Small Cap Value Trust, as detailed below.
 
Global Bond Trust (the "fund")

Effective June 21, 2018, principal investment strategies of the fund are amended and restated as follows:

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed-income instruments that are economically tied to at least three countries (one of which may be the United States). These fixed-income instruments may be denominated in foreign currencies or in U.S. dollars, and may be represented by forwards or derivatives, such as options, futures contracts, or swap agreements.

In selecting securities for the fund, the subadvisor utilizes economic forecasting, interest rate anticipation, credit and call risk analysis, foreign currency exchange rate forecasting, and other security selection techniques. The proportion of the fund's assets committed to investment in securities with particular characteristics (such as maturity, type and coupon rate) will vary based on the subadvisor's outlook for the U.S. and foreign economies, the financial markets, and other factors.

The types of fixed-income securities in which the fund may invest include the following securities which, unless otherwise noted, may be issued by domestic or foreign issuers and may be denominated in U.S. dollars or foreign currencies:"

  • securities issued or guaranteed by the U.S. government, its agencies or government-sponsored enterprises;

  • corporate debt securities of U.S. and foreign issuers, including convertible securities and corporate commercial paper;

  • mortgage-backed and other asset-backed securities;

  • inflation-indexed bonds issued by both governments and corporations;

  • bank capital and trust preferred securities;

  • structured notes, including hybrid or "indexed" securities and event-linked bonds;

  • loan participations and assignments;

  • delayed funding loans and revolving credit facilities;

  • bank certificates of deposit, fixed time deposits and bankers' acceptances;

  • debt securities issued by states or local governments and their agencies, authorities and other government-sponsored enterprises;

  • repurchase agreements and reverse repurchase agreements;

  • obligations of foreign governments or their subdivisions, agencies and government-sponsored enterprises; and

  • obligations of international agencies or supranational entities.

Fixed-income securities may have fixed, variable, or floating rates of interest, including rates of interest that vary inversely at a multiple of a designated or floating rate, or that vary according to change in relative values of currencies.


Depending on the subadvisor's current opinion as to the proper allocation of assets among domestic and foreign issuers, investments that are economically tied to foreign (non-U.S.) countries will normally be at least 25% of the fund's net assets. The fund may invest, without limitation, in securities and instruments that are economically tied to emerging countries. The fund may invest up to 20% of its total assets in fixed-income securities of any rating. The fund may invest in baskets of foreign currencies (such as the euro) and directly in currencies. The average portfolio duration of the fund normally varies within three years (plus or minus) of the duration of the benchmark index, as calculated by the subadvisor.
 
The fund's investment process may, at times, result in a higher than average portfolio turnover ratio and increased trading expenses.
 
The fund may make short sales of a security including short sales "against the box."
 
The fund is non-diversified, which means that it may invest in a smaller number of issuers than a diversified fund and may invest more of its assets in the securities of a single issuer.
 
The fund may:
  • purchase and sell options on domestic and foreign securities, securities indexes and currencies,

  • purchase and sell futures and options on futures,

  • purchase and sell currency or securities on a forward basis, and

  • enter into interest rate, index, equity, total return, currency, and credit default swap agreements.

International Growth Stock Trust (the "fund")
 
Effective June 21, 2018, principal investment strategies of the fund are amended and restated as follows:
 
The fund invests primarily in a diversified portfolio of international securities whose issuers are considered by the fund's subadvisor to have potential for earnings or revenue growth. The fund will, under normal circumstances, invest at least 80% of its net assets (plus any borrowings for investment purposes) in stocks. The fund invests primarily in the securities of large-capitalization issuers; however, the fund may invest a significant amount of its net assets in the securities of mid-capitalization issuers.

The fund invests primarily in equity and depositary receipts of in foreign issuers. The principal types of equity securities in which the fund invests are common and preferred stock. The fund's equity securities investments include China-A Shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange). The fund invests, under normal circumstances, in issuers economically tied to at least three countries outside of the U.S. The fund may also invest in issuers located in developing countries (emerging markets). Under normal circumstances, the maximum percentage of the fund's net assets that may be invested in these issuers is 1.25 times of the emerging market weight of the MSCI All Country World ex-USA Growth Index.

The fund invests primarily in the securities of large-capitalization issuers and may invest a significant amount of its net assets in the securities of mid-capitalization issuers. The fund can invest in derivative instruments including forward foreign currency contracts and futures. The fund can utilize forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated, though the fund has not typically used these instruments. The fund can also invest in futures contracts to gain exposure to the broad market in connection with managing cash balances or to hedge against downside risk. The fund has the ability to hedge currency exposures created by its investments in foreign securities.

The portfolio managers employ a disciplined investment strategy that emphasizes fundamental research. The fundamental research primarily focuses on identifying quality growth companies and is supported by quantitative analysis, portfolio construction and risk management. Investments for the portfolio are selected bottom-up on a security-by-security basis. The focus is on the strengths of individual issuers, rather than sector or country trends.

The portfolio managers' strategy primarily focuses on identifying issuers that they believe have sustainable earnings growth, efficient capital allocation, and attractive prices.



The fund's portfolio managers may consider selling a security for several reasons, including when (1) its price changes such that they believe it has become too expensive, (2) the original investment thesis for the company is no longer valid, or (3) a more compelling investment opportunity is identified.

Use of Hedging and Other Strategic Transactions. The fund is authorized to use various hedging, derivatives and other strategic transactions, including, but not limited to, U.S. Treasury futures and options, index derivatives, credit default swaps and currency forwards, described under "Additional Information about the Funds' Principal Risks – Hedging, derivatives and other strategic transactions risk."

Core Bond Trust (the "fund")
 
Effective July 1, 2018, the information found under "Fees and expenses" and "Expense example" is amended and restated as follows:
 
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 option 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
0.57
0.57
0.57
Distribution and service (Rule 12b-1) fees
0.05
0.25
0.00
Other expenses
0.04
0.04
0.04
Total annual fund operating expenses
0.66
0.86
0.61
 
1 "Management fee" has been restated to reflect the contractual management fee schedule effective July 1, 2018.
 
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 option 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
67
88
62
3 years
211
274
195
5 years
368
477
340
10 years
822
1,061
762
 


Small Cap Value Trust (the "fund")
 
Effective July 1, 2018, the information found under "Fees and expenses" and "Expense example" is amended and restated as follows:
 
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 option 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
0.98
0.98
0.98
Distribution and service (Rule 12b-1) fees
0.05
0.25
0.00
Other expenses
0.05
0.05
0.05
Acquired fund fees and expenses2
0.05
0.05
0.05
Total annual fund operating expenses3
1.13
1.33
1.08
 
1
"Management fee" has been restated to reflect the contractual management fee schedule effective July 1, 2018.
2
"Acquired fund fees and expenses" are based on indirect net expenses associated with the fund's investments in underlying investment companies.
3
The "Total annual fund operating expenses" shown may not correlate to the fund's ratios of expenses to average daily net assets shown in the "Financial highlights" section of the fund's prospectus, which does not include "Acquired fund fees and expenses."

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 option 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
115
135
110
3 years
359
421
343
5 years
622
729
595
10 years
1,375
1,601
1,317
 
XML 10 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
Prospectus: rr_ProspectusTable  
Supplement Text Block jhvit-20180621_SupplementTextBlock

John Hancock Variable Insurance Trust
Supplement dated June 21, 2018
to the current Prospectus dated April 30, 2018 (the "Prospectus")
 
On June 21, 2018, the Board of Trustees of the Trust approved changing the principal investment strategies of Global Bond Trust and International Growth Stock Trust, as well as the advisory fees for Core Bond Trust and Small Cap Value Trust, as detailed below.
 
Global Bond Trust (the "fund")

Effective June 21, 2018, principal investment strategies of the fund are amended and restated as follows:

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed-income instruments that are economically tied to at least three countries (one of which may be the United States). These fixed-income instruments may be denominated in foreign currencies or in U.S. dollars, and may be represented by forwards or derivatives, such as options, futures contracts, or swap agreements.

In selecting securities for the fund, the subadvisor utilizes economic forecasting, interest rate anticipation, credit and call risk analysis, foreign currency exchange rate forecasting, and other security selection techniques. The proportion of the fund's assets committed to investment in securities with particular characteristics (such as maturity, type and coupon rate) will vary based on the subadvisor's outlook for the U.S. and foreign economies, the financial markets, and other factors.

The types of fixed-income securities in which the fund may invest include the following securities which, unless otherwise noted, may be issued by domestic or foreign issuers and may be denominated in U.S. dollars or foreign currencies:"

  • securities issued or guaranteed by the U.S. government, its agencies or government-sponsored enterprises;

  • corporate debt securities of U.S. and foreign issuers, including convertible securities and corporate commercial paper;

  • mortgage-backed and other asset-backed securities;

  • inflation-indexed bonds issued by both governments and corporations;

  • bank capital and trust preferred securities;

  • structured notes, including hybrid or "indexed" securities and event-linked bonds;

  • loan participations and assignments;

  • delayed funding loans and revolving credit facilities;

  • bank certificates of deposit, fixed time deposits and bankers' acceptances;

  • debt securities issued by states or local governments and their agencies, authorities and other government-sponsored enterprises;

  • repurchase agreements and reverse repurchase agreements;

  • obligations of foreign governments or their subdivisions, agencies and government-sponsored enterprises; and

  • obligations of international agencies or supranational entities.

Fixed-income securities may have fixed, variable, or floating rates of interest, including rates of interest that vary inversely at a multiple of a designated or floating rate, or that vary according to change in relative values of currencies.


Depending on the subadvisor's current opinion as to the proper allocation of assets among domestic and foreign issuers, investments that are economically tied to foreign (non-U.S.) countries will normally be at least 25% of the fund's net assets. The fund may invest, without limitation, in securities and instruments that are economically tied to emerging countries. The fund may invest up to 20% of its total assets in fixed-income securities of any rating. The fund may invest in baskets of foreign currencies (such as the euro) and directly in currencies. The average portfolio duration of the fund normally varies within three years (plus or minus) of the duration of the benchmark index, as calculated by the subadvisor.
 
The fund's investment process may, at times, result in a higher than average portfolio turnover ratio and increased trading expenses.
 
The fund may make short sales of a security including short sales "against the box."
 
The fund is non-diversified, which means that it may invest in a smaller number of issuers than a diversified fund and may invest more of its assets in the securities of a single issuer.
 
The fund may:
  • purchase and sell options on domestic and foreign securities, securities indexes and currencies,

  • purchase and sell futures and options on futures,

  • purchase and sell currency or securities on a forward basis, and

  • enter into interest rate, index, equity, total return, currency, and credit default swap agreements.

International Growth Stock Trust (the "fund")
 
Effective June 21, 2018, principal investment strategies of the fund are amended and restated as follows:
 
The fund invests primarily in a diversified portfolio of international securities whose issuers are considered by the fund's subadvisor to have potential for earnings or revenue growth. The fund will, under normal circumstances, invest at least 80% of its net assets (plus any borrowings for investment purposes) in stocks. The fund invests primarily in the securities of large-capitalization issuers; however, the fund may invest a significant amount of its net assets in the securities of mid-capitalization issuers.

The fund invests primarily in equity and depositary receipts of in foreign issuers. The principal types of equity securities in which the fund invests are common and preferred stock. The fund's equity securities investments include China-A Shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange). The fund invests, under normal circumstances, in issuers economically tied to at least three countries outside of the U.S. The fund may also invest in issuers located in developing countries (emerging markets). Under normal circumstances, the maximum percentage of the fund's net assets that may be invested in these issuers is 1.25 times of the emerging market weight of the MSCI All Country World ex-USA Growth Index.

The fund invests primarily in the securities of large-capitalization issuers and may invest a significant amount of its net assets in the securities of mid-capitalization issuers. The fund can invest in derivative instruments including forward foreign currency contracts and futures. The fund can utilize forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated, though the fund has not typically used these instruments. The fund can also invest in futures contracts to gain exposure to the broad market in connection with managing cash balances or to hedge against downside risk. The fund has the ability to hedge currency exposures created by its investments in foreign securities.

The portfolio managers employ a disciplined investment strategy that emphasizes fundamental research. The fundamental research primarily focuses on identifying quality growth companies and is supported by quantitative analysis, portfolio construction and risk management. Investments for the portfolio are selected bottom-up on a security-by-security basis. The focus is on the strengths of individual issuers, rather than sector or country trends.

The portfolio managers' strategy primarily focuses on identifying issuers that they believe have sustainable earnings growth, efficient capital allocation, and attractive prices.



The fund's portfolio managers may consider selling a security for several reasons, including when (1) its price changes such that they believe it has become too expensive, (2) the original investment thesis for the company is no longer valid, or (3) a more compelling investment opportunity is identified.

Use of Hedging and Other Strategic Transactions. The fund is authorized to use various hedging, derivatives and other strategic transactions, including, but not limited to, U.S. Treasury futures and options, index derivatives, credit default swaps and currency forwards, described under "Additional Information about the Funds' Principal Risks – Hedging, derivatives and other strategic transactions risk."

Core Bond Trust (the "fund")
 
Effective July 1, 2018, the information found under "Fees and expenses" and "Expense example" is amended and restated as follows:
 
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 option 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
0.57
0.57
0.57
Distribution and service (Rule 12b-1) fees
0.05
0.25
0.00
Other expenses
0.04
0.04
0.04
Total annual fund operating expenses
0.66
0.86
0.61
 
1 "Management fee" has been restated to reflect the contractual management fee schedule effective July 1, 2018.
 
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 option 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
67
88
62
3 years
211
274
195
5 years
368
477
340
10 years
822
1,061
762
 


Small Cap Value Trust (the "fund")
 
Effective July 1, 2018, the information found under "Fees and expenses" and "Expense example" is amended and restated as follows:
 
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 option 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
0.98
0.98
0.98
Distribution and service (Rule 12b-1) fees
0.05
0.25
0.00
Other expenses
0.05
0.05
0.05
Acquired fund fees and expenses2
0.05
0.05
0.05
Total annual fund operating expenses3
1.13
1.33
1.08
 
1
"Management fee" has been restated to reflect the contractual management fee schedule effective July 1, 2018.
2
"Acquired fund fees and expenses" are based on indirect net expenses associated with the fund's investments in underlying investment companies.
3
The "Total annual fund operating expenses" shown may not correlate to the fund's ratios of expenses to average daily net assets shown in the "Financial highlights" section of the fund's prospectus, which does not include "Acquired fund fees and expenses."

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 option 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
115
135
110
3 years
359
421
343
5 years
622
729
595
10 years
1,375
1,601
1,317
 
(John Hancock Global Bond Trust) | (Global Bond Trust)  
Prospectus: rr_ProspectusTable  
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed-income instruments that are economically tied to at least three countries (one of which may be the United States). These fixed-income instruments may be denominated in foreign currencies or in U.S. dollars, and may be represented by forwards or derivatives, such as options, futures contracts, or swap agreements.

In selecting securities for the fund, the subadvisor utilizes economic forecasting, interest rate anticipation, credit and call risk analysis, foreign currency exchange rate forecasting, and other security selection techniques. The proportion of the fund's assets committed to investment in securities with particular characteristics (such as maturity, type and coupon rate) will vary based on the subadvisor's outlook for the U.S. and foreign economies, the financial markets, and other factors.

The types of fixed-income securities in which the fund may invest include the following securities which, unless otherwise noted, may be issued by domestic or foreign issuers and may be denominated in U.S. dollars or foreign currencies:

  • securities issued or guaranteed by the U.S. government, its agencies or government-sponsored enterprises;

  • corporate debt securities of U.S. and foreign issuers, including convertible securities and corporate commercial paper;

  • mortgage-backed and other asset-backed securities;

  • inflation-indexed bonds issued by both governments and corporations;

  • bank capital and trust preferred securities;

  • structured notes, including hybrid or "indexed" securities and event-linked bonds;

  • loan participations and assignments;

  • delayed funding loans and revolving credit facilities;

  • bank certificates of deposit, fixed time deposits and bankers' acceptances;

  • debt securities issued by states or local governments and their agencies, authorities and other government-sponsored enterprises;

  • repurchase agreements and reverse repurchase agreements;

  • obligations of foreign governments or their subdivisions, agencies and government-sponsored enterprises; and

  • obligations of international agencies or supranational entities.

Fixed-income securities may have fixed, variable, or floating rates of interest, including rates of interest that vary inversely at a multiple of a designated or floating rate, or that vary according to change in relative values of currencies.

Depending on the subadvisor's current opinion as to the proper allocation of assets among domestic and foreign issuers, investments that are economically tied to foreign (non-U.S.) countries will normally be at least 25% of the fund's net assets. The fund may invest, without limitation, in securities and instruments that are economically tied to emerging countries. The fund may invest up to 20% of its total assets in fixed-income securities of any rating. The fund may invest in baskets of foreign currencies (such as the euro) and directly in currencies. The average portfolio duration of the fund normally varies within three years (plus or minus) of the duration of the benchmark index, as calculated by the subadvisor.

The fund's investment process may, at times, result in a higher than average portfolio turnover ratio and increased trading expenses.

The fund may make short sales of a security including short sales "against the box."

The fund is non-diversified, which means that it may invest in a smaller number of issuers than a diversified fund and may invest more of its assets in the securities of a single issuer.

The fund may:

  • purchase and sell options on domestic and foreign securities, securities indexes and currencies,

  • purchase and sell futures and options on futures,

  • purchase and sell currency or securities on a forward basis, and

  • enter into interest rate, index, equity, total return, currency, and credit default swap agreements.

(John Hancock International Growth Stock Trust) | (International Growth Stock Trust)  
Prospectus: rr_ProspectusTable  
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

The fund invests primarily in a diversified portfolio of international securities whose issuers are considered by the fund's subadvisor to have potential for earnings or revenue growth. The fund will, under normal circumstances, invest at least 80% of its net assets (plus any borrowings for investment purposes) in stocks. The fund invests primarily in the securities of large-capitalization issuers; however, the fund may invest a significant amount of its net assets in the securities of mid-capitalization issuers.

The fund invests primarily in equity and depositary receipts of in foreign issuers. The principal types of equity securities in which the fund invests are common and preferred stock. The fund's equity securities investments include China-A Shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange). The fund invests, under normal circumstances, in issuers economically tied to at least three countries outside of the U.S. The fund may also invest in issuers located in developing countries (emerging markets). Under normal circumstances, the maximum percentage of the fund's net assets that may be invested in these issuers is 1.25 times of the emerging market weight of the MSCI All Country World ex-USA Growth Index.

The fund invests primarily in the securities of large-capitalization issuers and may invest a significant amount of its net assets in the securities of mid-capitalization issuers. The fund can invest in derivative instruments including forward foreign currency contracts and futures. The fund can utilize forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated, though the fund has not typically used these instruments. The fund can also invest in futures contracts to gain exposure to the broad market in connection with managing cash balances or to hedge against downside risk. The fund has the ability to hedge currency exposures created by its investments in foreign securities.

The portfolio managers employ a disciplined investment strategy that emphasizes fundamental research. The fundamental research primarily focuses on identifying quality growth companies and is supported by quantitative analysis, portfolio construction and risk management. Investments for the portfolio are selected bottom-up on a security-by-security basis. The focus is on the strengths of individual issuers, rather than sector or country trends.

The portfolio managers' strategy primarily focuses on identifying issuers that they believe have sustainable earnings growth, efficient capital allocation, and attractive prices.

The fund's portfolio managers may consider selling a security for several reasons, including when (1) its price changes such that they believe it has become too expensive, (2) the original investment thesis for the company is no longer valid, or (3) a more compelling investment opportunity is identified.

Use of Hedging and Other Strategic Transactions. The fund is authorized to use various hedging, derivatives and other strategic transactions, including, but not limited to, U.S. Treasury futures and options, index derivatives, credit default swaps and currency forwards, described under "Additional Information about the Funds' Principal Risks – Hedging, derivatives and other strategic transactions risk."

(John Hancock Core Bond Trust) | (Core Bond Trust)  
Prospectus: rr_ProspectusTable  
Expense [Heading] rr_ExpenseHeading

Fees and expenses

Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

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 option and would be higher if they did.

Operating Expenses Caption [Text] rr_OperatingExpensesCaption

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

Expense Example [Heading] rr_ExpenseExampleHeading

Expense example

Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

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 option and would be higher if they did. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

(John Hancock Core Bond Trust) | (Core Bond Trust) | Series I  
Prospectus: rr_ProspectusTable  
Management fee rr_ManagementFeesOverAssets 0.57% [1]
Distribution and service (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.05%
Other expenses rr_OtherExpensesOverAssets 0.04%
Total annual fund operating expenses rr_ExpensesOverAssets 0.66%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 67
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 211
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 368
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 822
(John Hancock Core Bond Trust) | (Core Bond Trust) | Series II  
Prospectus: rr_ProspectusTable  
Management fee rr_ManagementFeesOverAssets 0.57% [1]
Distribution and service (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.04%
Total annual fund operating expenses rr_ExpensesOverAssets 0.86%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 88
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 274
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 477
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,061
(John Hancock Core Bond Trust) | (Core Bond Trust) | Series NAV  
Prospectus: rr_ProspectusTable  
Management fee rr_ManagementFeesOverAssets 0.57% [1]
Distribution and service (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.04%
Total annual fund operating expenses rr_ExpensesOverAssets 0.61%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 62
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 195
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 340
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 762
(John Hancock Small Cap Value Trust) | (Small Cap Value Trust)  
Prospectus: rr_ProspectusTable  
Expense [Heading] rr_ExpenseHeading

Fees and expenses

Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

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 option and would be higher if they did.

Operating Expenses Caption [Text] rr_OperatingExpensesCaption

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

Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The "Total annual fund operating expenses" shown may not correlate to the fund's ratios of expenses to average daily net assets shown in the "Financial highlights" section of the fund's prospectus, which does not include "Acquired fund fees and expenses."
Expense Example [Heading] rr_ExpenseExampleHeading

Expense example

Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

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 option and would be higher if they did. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

(John Hancock Small Cap Value Trust) | (Small Cap Value Trust) | Series I  
Prospectus: rr_ProspectusTable  
Management fee rr_ManagementFeesOverAssets 0.98% [1]
Distribution and service (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.05%
Other expenses rr_OtherExpensesOverAssets 0.05%
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.05% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 1.13% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 115
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 359
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 622
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,375
(John Hancock Small Cap Value Trust) | (Small Cap Value Trust) | Series II  
Prospectus: rr_ProspectusTable  
Management fee rr_ManagementFeesOverAssets 0.98% [1]
Distribution and service (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.05%
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.05% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 1.33% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 135
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 421
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 729
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,601
(John Hancock Small Cap Value Trust) | (Small Cap Value Trust) | Series NAV  
Prospectus: rr_ProspectusTable  
Management fee rr_ManagementFeesOverAssets 0.98% [1]
Distribution and service (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.05%
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.05% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 1.08% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 110
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 343
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 595
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,317
[1] "Management fee" has been restated to reflect the contractual management fee schedule effective July 1, 2018.
[2] "Acquired fund fees and expenses" are based on indirect net expenses associated with the fund's investments in underlying investment companies.
[3] The "Total annual fund operating expenses" shown may not correlate to the fund's ratios of expenses to average daily net assets shown in the "Financial highlights" section of the fund's prospectus, which does not include "Acquired fund fees and expenses."
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