0000756913 2024-12-31 2024-12-31 0000756913 jhf:S000008217Member 2024-12-31 2024-12-31 0000756913 jhf:S000008217Member jhf:C000022355Member 2024-12-31 2024-12-31 0000756913 jhf:S000008217Member jhf:C000022356Member 2024-12-31 2024-12-31 0000756913 jhf:S000008217Member jhf:C000022354Member 2024-12-31 2024-12-31 0000756913 jhf:S000008231Member 2024-12-31 2024-12-31 0000756913 jhf:C000022411Member 2024-01-01 2024-12-31 0000756913 jhf:C000022411Member 2020-01-01 2024-12-31 0000756913 jhf:C000022411Member 2015-01-01 2024-12-31 0000756913 jhf:C000022412Member 2024-01-01 2024-12-31 0000756913 jhf:C000022412Member 2020-01-01 2024-12-31 0000756913 jhf:C000022412Member 2015-01-01 2024-12-31 0000756913 jhf:C000022410Member 2024-01-01 2024-12-31 0000756913 jhf:C000022410Member 2020-01-01 2024-12-31 0000756913 jhf:C000022410Member 2015-01-01 2024-12-31 0000756913 jhf:MSCIWorldIndexMember 2024-01-01 2024-12-31 0000756913 jhf:MSCIWorldIndexMember 2020-01-01 2024-12-31 0000756913 jhf:MSCIWorldIndexMember 2015-01-01 2024-12-31 0000756913 jhf:MSCIWorldValueIndexMember 2024-01-01 2024-12-31 0000756913 jhf:MSCIWorldValueIndexMember 2020-01-01 2024-12-31 0000756913 jhf:MSCIWorldValueIndexMember 2015-01-01 2024-12-31 pure iso4217:USD 2024-12-31 0000756913 false 2025-04-28 N-1A 497 Prospectus SupplementJohn Hancock Variable Insurance Trust (the Trust) Blue Chip Growth Trust Global Equity Trust (each, a fund)Supplement dated September 25, 2025 to the current Prospectus, as may be supplemented (the Prospectus)BLUE CHIP GROWTH TRUSTAt its meeting held on September 23-25, 2025, the Trust’s Board of Trustees approved a reduction in the fund’s management fee to be retroactively effective as of June 1, 2025 (the Effective Date). As a result, the information in the “Annual fund operating expenses” table and the “Expense example” table in the fund summary section for the fund is amended and restated as follows to reflect the fund’s revised management fee as of the Effective Date:Annual fund operating expenses (%) (expenses that you pay each year as a percentage of the value of your investment)Series ISeries IISeries NAVManagement fee0.710.710.71Distribution and service (Rule 12b-1) fees0.050.250.00Other expenses0.040.040.04Total annual fund operating expenses0.801.000.75Contractual expense reimbursement-0.01-0.01-0.01Total annual fund operating expenses after expense reimbursements0.790.990.741“Management fee” has been restated to reflect the contractual management fee schedule effective June 1, 2025.2The advisor contractually agrees to waive a portion of its management fee and/or reimburse expenses for the fund and certain other John Hancock funds according to an asset level breakpoint schedule that is based on the aggregate net assets of all the funds participating in the waiver or reimbursement, including the fund (the participating portfolios). This waiver equals, on an annualized basis, 0.0100% of that portion of the aggregate net assets of all the participating portfolios that exceeds $75 billion but is less than or equal to $125 billion; 0.0125% of that portion of the aggregate net assets of all the participating portfolios that exceeds $125 billion but is less than or equal to $150 billion; 0.0150% of that portion of the aggregate net assets of all the participating portfolios that exceeds $150 billion but is less than or equal to $175 billion; 0.0175% of that portion of the aggregate net assets of all the participating portfolios that exceeds $175 billion but is less than or equal to $200 billion; 0.0200% of that portion of the aggregate net assets of all the participating portfolios that exceeds $200 billion but is less than or equal to $225 billion; and 0.0225% of that portion of the aggregate net assets of all the participating portfolios that exceeds $225 billion. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each participating portfolio. During its most recent fiscal year, the fund’s reimbursement amounted to 0.01% of the fund’s average daily net assets. This agreement expires on July 31, 2027, 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 exampleThe 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 ISeries IISeries NAV1 year81101763 years2543172395 years44355141610 years9891,224929GLOBAL EQUITY TRUSTAt its meeting held on September 23-25, 2025, the Trust’s Board of Trustees approved a change to add an additional benchmark that more closely correlates with the fund’s investments, effective as of October 1, 2025 (the Effective Date).In connection with the change described above, the paragraph below under the heading “Past performance” in the “Fund summary” section for the fund is amended and restated as follows: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 and by showing how the fund’s average annual returns compared with a broad-based securities market index.Past performance does not indicate future results. The MSCI World Value Index shows how the fund’s performance compares against the returns of similar investments. All figures assume dividend reinvestment. The performance information below does not reflect fees and expenses of any variable insurance contract which may use JHVIT as its underlying investment option. If such fees and expenses had been reflected, performance would be lower.Additionally, as of the Effective Date, the “Average annual total returns” table under the heading “Past performance” in the “Fund summary” section for the fund is replaced in its entirety with the following:Average annual total returns (%)—as of 12/31/20241 year5 year10 yearSeries I10.477.885.85Series II10.287.665.64Series NAV10.537.945.90MSCI World Index (reflects no deduction for fees, expenses, or taxes, except foreign withholding taxes on dividends)18.6711.179.95MSCI World Value Index (reflects no deduction for fees, expenses, or taxes, except foreign withholding taxes on dividends)11.476.976.65 John Hancock Variable Insurance Trust Annual fund operating expenses (%) (expenses that you pay each year as a percentage of the value of your investment) 0.0071 0.0071 0.0071 0.0005 0.0025 0.0000 0.0004 0.0004 0.0004 0.0080 0.0100 0.0075 -0.0001 -0.0001 -0.0001 0.0079 0.0099 0.0074 “Management fee” has been restated to reflect the contractual management fee schedule effective June 1, 2025. July 31, 2027 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: 81 101 76 254 317 239 443 551 416 989 1224 929 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 and by showing how the fund’s average annual returns compared with a broad-based securities market index.Past performance does not indicate future results. The MSCI World Value Index shows how the fund’s performance compares against the returns of similar investments. All figures assume dividend reinvestment. The performance information below does not reflect fees and expenses of any variable insurance contract which may use JHVIT as its underlying investment option. If such fees and expenses had been reflected, performance would be lower. 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 and by showing how the fund’s average annual returns compared with a broad-based securities market index. Past performance does not indicate future results. Average annual total returns (%)—as of 12/31/2024 0.1047 0.0788 0.0585 0.1028 0.0766 0.0564 0.1053 0.0794 0.0590 0.1867 0.1117 0.0995 0.1147 0.0697 0.0665 “Management fee” has been restated to reflect the contractual management fee schedule effective June 1, 2025. The advisor contractually agrees to waive a portion of its management fee and/or reimburse expenses for the fund and certain other John Hancock funds according to an asset level breakpoint schedule that is based on the aggregate net assets of all the funds participating in the waiver or reimbursement, including the fund (the participating portfolios). This waiver equals, on an annualized basis, 0.0100% of that portion of the aggregate net assets of all the participating portfolios that exceeds $75 billion but is less than or equal to $125 billion; 0.0125% of that portion of the aggregate net assets of all the participating portfolios that exceeds $125 billion but is less than or equal to $150 billion; 0.0150% of that portion of the aggregate net assets of all the participating portfolios that exceeds $150 billion but is less than or equal to $175 billion; 0.0175% of that portion of the aggregate net assets of all the participating portfolios that exceeds $175 billion but is less than or equal to $200 billion; 0.0200% of that portion of the aggregate net assets of all the participating portfolios that exceeds $200 billion but is less than or equal to $225 billion; and 0.0225% of that portion of the aggregate net assets of all the participating portfolios that exceeds $225 billion. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each participating portfolio. During its most recent fiscal year, the fund’s reimbursement amounted to 0.01% of the fund’s average daily net assets. This agreement expires on July 31, 2027, 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.