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John Hancock Funds

Quarterly Fund Guide

Q3

I 2012

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Why John Hancock Funds?


For more than four decades, John Hancock Funds has been helping individual, corporate and institutional clients reach their most important financial goals. With so many fund companies to choose from, why should you invest with us?
u John Hancock is a name you know and trust

When you invest with John Hancock Funds, you are investing with one of the most recognized and respected names in the financial services industry. Our parent company has been helping individuals and institutions increase and protect wealth since 1862.
u We provide solutions across the investing spectrum

We offer more than 50 funds and asset allocation portfolios, providing solutions across a range of asset classes. Our funds and portfolios are managed by some of the most respected investment managers available.
u Were committed to you

From our award-winning service to our enhanced Web site, we work hard to provide you with products and tools to help you reach your long-term financial goals.

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Q3

I 2012

DOMESTIC EQUITY 4 Balanced Fund 6 Classic Value Fund 8 Disciplined Value Fund 10 Disciplined Value Mid Cap Fund 12 Fundamental All Cap Core Fund 14 Fundamental Large Cap Core Fund 16 Fundamental Large Cap Value Fund 18 Large Cap Equity Fund 20 Mid Cap Equity Fund 22 Rainier Growth Fund 24 Small Cap Equity Fund 26 Small Cap Intrinsic Value Fund 28 Small Company Fund 30 Sovereign Investors Fund 32 Strategic Growth Fund 34 U.S. Equity Fund 36 U.S. Global Leaders Growth Fund ASSET ALLOCATION TARGET RISK 38 Lifestyle Aggressive Portfolio 40 Lifestyle Balanced Portfolio 42 Lifestyle Conservative Portfolio 44 Lifestyle Growth Portfolio 46 Lifestyle Moderate Portfolio GLOBAL/INTERNATIONAL EQUITY 48 Emerging Markets Fund 50 Global Opportunities Fund 52 Global Shareholder Yield Fund 54 Greater China Opportunities Fund 56 International Allocation Portfolio 58 International Core Fund 60 International Growth Fund 62 International Value Equity Fund

ALTERNATIVE/SPECIALTY 64 Alternative Asset Allocation Fund 66 Currency Strategies Fund 68 Financial Industries Fund 70 Global Absolute Return Strategies Fund 72 Natural Resources Fund 74 Regional Bank Fund 76 Technical Opportunities Fund INCOME 78 Bond Fund 80 Core High Yield Fund 82 Floating Rate Income Fund 84 Government Income Fund 86 High Yield Fund 88 Income Fund 90 Investment Grade Bond Fund 92 Strategic Income Opportunities Fund TAX-FREE INCOME 94 California Tax-Free Income Fund 96 High Yield Municipal Bond Fund 98 Massachusetts Tax-Free Income Fund 100 New York Tax-Free Income Fund 102 Tax-Free Bond Fund OTH ER FU ND INFOR MATION 2 Market commentary 104 Symbols 106 Management company policies 108 Comparative performance results

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Market Commentary
John Hancock Asset Management

Christopher P. Conkey
Chief Investment Officer Global Equities

Barry H. Evans
Chief Investment Officer Global Fixed Income

GLOBAL EQUITY OUTLOOK Heightened worries about a renewed global recession, U.S. budgetary brinksmanship and Europes perceived paralysis on its sovereign debt crisis dominated global equity markets for much of the third quarter of 2011. Market volatility and correlations rose as investors fled risk into safe-haven assets like U.S. Treasuries andgold. The MSCI World Index1 fell 16.5% in total return, U.S. dollar terms. Year to date, the index is down3.8%. Against a backdrop of heightened macroeconomic uncertainty, market beta has overwhelmed security-level factors as a driver of equity performance. We expect this situation to continue because many of the issues concerning investors are expected to drag out well into 2012. In Europe, while some kind of a resolution of Greeces fiscal crisis appeared imminent at quarter end, the fallout could haunt markets for months to come. Furthermore, other more significant debtors, like Italy and Spain, could pose bigger threats depending on whether Greeces fallout involves some kind of contagion affecting those markets. In the U.S., we expect deep mistrust between the Republicans and Democrats in Washington to keep politics gridlocked until the presidential election in November 2012. This will prevent a resolution of U.S. fiscal issues and discourage the corporate investment that could help jump-start job creation. Global correlations rising Global equities remain reasonably valued and corporate fundamentals remain generally strong, particularly in North America and Asia. The ongoing focus on global risks has boosted correlations, though, preventing compelling individual securities from standing out from the crowd. Whats more, correlations among stocks, sectors and countries have become even more sensitive to recent spikes in volatility than during the 2008 economic crisis, suggesting deep risk aversion. In markets characterized by very high correlations, such as todays, the stock prices of quality companies move in tandem with those of weaker firms, and the value of bottom-up, focused investing becomes challenged. Highly volatile markets like those in the third quarter create material headwinds for disciplined managers. With most managers judged on relative performance, pressure increases to hug benchmarks and not slip below median peer rankings when the principles underlying their investment disciplines appear to have broken down.

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Q3

I 2011
1-year 1.14% 3.83% 1.97% 3.53% 8.94% 3.84% 5.26% 5.93%

It is particularly important in this environment for long-term, fundamental equity managers to stick to their investment disciplines. As fundamental investors, we believe finding stocks of companies with sustainable growth models, competitive advantages and healthy free cash flows will remain the key to outperformance over the long term. The volatility that has been prevalent recently can offer compelling opportunities for disciplined investors. Fundamental discipline can pay off Evidence shows that long-term managers who are not distracted from their discipline by the risk-on/risk-off trade can outperform when the stock prices of superior companies again outperform those of lower-quality firms, creating opportunities to add alpha. A study of John Hancock Asset Managements own equity strategies revealed that most managers who showed a steady, high active share2 measure over the 44 months through August 31, 2011 outperformed their benchmarks in the rally that started in March 2009. A return to more normal markets, driven by corporate fundamentals and less by global macro fears, may be some time incoming. The byzantine maneuvering around the eurozone debt crisis and the continued risks to the U.S. economy areonly two headwinds. The risk of slower growth and higher inflation in China as well as in the U.S., a key driver of global growth remains very real, even though its been shoved off the front pages of the financial press by the eurozones woes. We believe the dominance of such macro risks, accompanied by elevated correlations, isnt sustainable. However, trying to time theend of such a beta-driven market is very difficult. Further, we strongly believe the best path for fundamental investors is to maintain conviction in their defined, long-term investment processes with a clear expectation of outperformance as correlations and volatility decline and individual security quality again shines through. GLOBAL FIXED-INCOME OUTLOOK Risk aversion was the theme for much of the third quarter, and uncertainty continues as we enter the last quarter of 2011. Concerns including the continuing sovereign debt issues within the eurozone, political uncertainty within the U.S. and the possibility of a global economic slowdown have seen investors flock to safe havens. A deeper look at some of the economic data shows that we are not currently in the same situation as we were in 2008. While some financials have come under recent pressure, short-term rates have yet to show drastically increased stress in the funding markets. A much-watched indicator of funding liquidity risk, the spread of LIBOR versus overnight swaps indexed to U.S. Federal
PERFORMANCE AT A GLANCE AS OF 9/30/113 S&P 500 Index Dow Jones Industrial Average NASDAQ Composite Index Russell 2000 Index MSCI EAFE Index MSCI World Index Barclays Capital U.S. Aggregate Bond Index Barclays Capital High Yield Index Quarter 13.87% 11.49% 12.91% 21.87% 18.95% 16.52% 3.82% 7.97%

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Market Commentary (continued)


John Hancock Asset Management

Reserve rates, has only slowly increased and is currently one-tenth the level it reached during the worst times of 2008. Meanwhile, economic data in the U.S., while not strong, has shown signs of stability. Many of the current market troubles rest on Europes doorstep. The continued insufficient monetary action by eurozone participants has potentially increased the costs of a bailout of Greece and increased overall market volatility. The market increasingly believes that a Greek default is inevitable, and is now looking for further signs that the eurozone has sufficient plans to contain the damage. While the initial announced plan for private sector participation in a managed Greek default included cuts of 21% on bond values, the market now anticipates that this will be increased to 50%, leaving holders of Greek debt only 50 cents on the dollar for their bonds. Troubles persist for the remainder of peripheral Europe, with yields on the 10-year bonds of Italy, Spain and Portugal all reaching new highs in the third quarter. While we do not think there is much risk of dissolution of the eurozone, it will most likely take years for it to make the much needed move toward becoming a fiscal union. Given the continued troubles in the region and the expectation of more headline risk to come, the risk/return profiles of investments in the region are not yet attractive, even at these high-yield levels. In the U.S., the Fed recently enacted Operation Twist in an effort to extend the duration of its holdings and drive longer-term rates lower without changing the size of its balance sheet. This is accomplished by selling short-term holdings and reinvesting the proceeds in longer-term bonds. The goal is to support the mortgage market, and in turn the housing market, but expectations that this effort will actually make a material impact are fairly low, as most people capable of refinancing have already done so. The Fed has, however, succeeded in flattening the Treasury yield curve, with 30-year bonds yielding all-time lows of less than 2%. In addition to buying pressure from Fed activity, Treasuries rallied on safe haven flows during the past quarter. While Treasuries have been strong, the U.S. is not without its own credit concerns, as indicated by a downgrade from Standard & Poors that cost the nation its long-standing AAA rating. Given the low yields and potential credit issues, U.S. Treasuries do not currently seem attractive, particularly because we believe economic growth will be stable in the coming months and better opportunities lie elsewhere. U.S. corporate debt has come under pressure during this period of risk aversion, with spreads widening roughly 100 and 300 basis points on investment-grade and high-yield bonds, respectively. The high-yield index is now yielding roughly 9.5%, the highest level since the early summer of 2010. We think U.S. high yield continues to offer attractive opportunities for several reasons. Default rates have been low versus historical levels, currently running roughly 1.0% versus 6.0% over a normal cycle, and we believe they will stay low. Companies are in much better fiscal shape than in the past, taking advantage of the low-rate environment of the last few years to get balance sheets cleaned up, refinance existing debt and extend maturities. Since we expect economic growth in the U.S. to continue at steady, albeit low levels, the risk/return profile in the U.S. is attractive. Floating rate, high-yield loans also remain attractive, with yields approaching levels similar to those of bonds, and in some cases, with seniority in the capital structure for added protection.

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Q3

I 2011

Looking at the rest of the global spectrum, we see strong value in emerging markets, particularly in Asia. While global growth-rate expectations have slowed, emerging markets should still see strong relative growth, with South Korea, Singapore, Indonesia, Malaysia and the Philippines all expected to grow by at least 3.5% in the coming year. We anticipate growth in China of around 8.0%, with a so-called hard landing slowdown unlikely. Elsewhere, New Zealands credit rating was cut one notch by both Fitch and Standard and Poors the ratings agencies citing the nations high level ofnet external debt and lower levels of gross domestic product growth as concerns. However, we still find bonds in New Zealand attractive, with highyields and a debt-to-GDP level among the lowest of any developed nation.

The performance data contained within this material represents past performance, which does not guarantee future results. Performance, especially for short time periods, should not be the sole factor in making your investment decision. A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, call your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.
1 The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. 2 A measure of the amount by which stock holdings in a managers portfolio differ from the benchmark index. 3 Source: Lipper, Inc. All performance figures are as of 9/30/11. The S&P 500 Index is an unmanaged index commonly used to measure stock market performance. The Dow Jones Industrial Average represents share prices of selected blue chip industrial corporations, as well as public utility and transportation companies. The NASDAQ Composite Index is a market-capitalization price-only index that tracks performance of domestic common stocks traded on the regular NASDAQ market. The Russell 2000 Index is an unmanaged index of small-cap stocks. The MSCI EAFE Index measures performance of a diverse range of developed-country global stock markets. The Barclays Capital U.S. Aggregate Bond Index tracks the daily price coupon, pay downs and total return performance of fixed-rate, publicly placed, dollar-denominated and nonconvertible, investment-grade debt issues. The Barclays Capital High Yield Index is composed of U.S. currency corporate high-yield bonds issued by U.S. and non-U.S. issuers. Performance figures assume reinvestment of dividends and capital gains. This chart does not illustrate the performance of any John Hancock fund. It is not possible to invest directly in an index. Past performance is not a guarantee of future results. The opinions expressed are those of the contributors as of 9/30/11 and are subject to change. No forecasts are guaranteed. This commentary is provided for informational purposes only and is not an endorsement of any security, mutual fund, sector or index. John Hancock Asset Management and its affiliates, employees and clients may hold or trade the securities mentioned in this commentary.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. RMMMC 11/11

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John Hancock

Balanced Fund
SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks current income, long-term growth of capital and income, and preservation of capital. Strategy: Allocates its investments among a diversified mix of debt and equity securities. The managers look for equity securities that appear to be undervalued compared to their historical valuations. Debt securities are used to enhance current income and provide added stability.
A Domestic Equity Fund ALL DATA AS OF 9/30/12 A SVBAX B SVBBX C SVBCX I SVBIX R1 JBAOX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge 1-year 3-year Class A 23.48% 8.18% S&P 500 Index2 30.20% 13.20% Barclays Capital U.S. Aggregate Bond Index2 5.16% 6.19% Morningstar Moderate Allocation Average With 5% maximum sales charge Class A 17.84% 17.31% 8.72% 6.36% 5-year 3.78% 1.05% 6.53% 1.92% 2.72% 10-year 9.34% 8.01% 5.32% 6.84% 8.78% Life of Fund (10/5/92) 6.96% 8.64% 6.32% 6.71% 6.68%

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

HHH

(out of 771 Moderate Allocation funds)

The Funds total annual operating expense ratio as of the current prospectus is 1.16%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 10/5/92 to 9/30/12

The Fund was rated 2 stars, 3 stars and 4 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHH

(out of 771 Moderate Allocation funds)

The Fund was rated 3 stars, 4 stars and 5 stars for the 3-, 5- and 10-year periods, respectively. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 771, 670 and 381 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.*

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 18.19 2003 18.21 2004 6.78 2005 13.36 2006 13.75 2007 23.45 2008 25.42 2009 24.30 2010 11.15 2011 3.23

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 The S&P 500 Index is an unmanaged index of 500 widely traded common stocks. The Barclays Capital U.S. Aggregate Bond Index is an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues. It is not possible to invest directly in an index.

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ALL DATA AS OF 9/30/12

John Hancock Balanced Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The management team looks for companies that have identifiable catalysts for growth, such as new products, business reorganizations or mergers. u The Funds diverse combination of two asset classes may help reduce the overall volatility of a portfolio. TEN LARGEST HOLDINGS3 Apple, Inc. Microsoft Corp. QUALCOMM, Inc. Google, Inc., Class A MetLife, Inc. 3.18% 2.86% 2.43% 1.83% 1.81% JPMorgan Chase & Company PepsiCo, Inc. CVS Caremark Corp. United Technologies Corp. Amazon.com, Inc. TOTAL PORTFOLIO COMPOSITION
3

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I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Roger Hamilton Senior Portfolio Manager Joined Fund team in 2003 Began career in 1979 Timothy Malloy Senior Portfolio Manager Joined Fund team in 2006 Began career in 1993 Jeffrey Given, CFA Portfolio Manager Joined Fund team in 2006 Began career in 1993 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover SEC 30-day yield RISK MEASURES VS. BENCHMARK Benchmark Beta5 Standard deviation6 Fund Benchmark S&P 500 Index 0.72 11.58 15.58
4

1.79% 1.75% 1.64% 1.55% 1.52% 20.36%

Common Stocks Corporate Bonds U.S. Government Agency Collateralized Mortgage Obligations Foreign Stock Foreign Bond Asset Backed U.S. Government Preferred Securities Cash & Cash Equivalents Municipal Bonds WHAT YOU SHOULD KNOW BEFORE INVESTING

58.71% 10.40% 7.74% 5.49% 5.29% 3.95% 3.73% 2.38% 1.96% 0.29% 0.06%

10/5/92 $991.1 67% 296 1.61%

Number of holdings

The value of a companys equity securities is subject to changes in the companys financial condition, and overall market and economic conditions. Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk and their value may fluctuate in response to the markets perception of issuer creditworthiness. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 5 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 6 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 360HS 10/12

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John Hancock

Classic Value Fund


SUBADVISED BY PZENA INVESTMENT MANAGEMENT, LLC Goal: Seeks long-term growth of capital. Strategy: Invests primarily in large-cap stocks of U.S. companies that the management team believes are undervalued relative to the market. The team screens a dynamic universe of the 500 largest domestic stocks and focuses on those with a sound plan to restore those earnings to normal levels.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A PZFVX

B JCVBX

C JCVCX

I JCVIX

R1 JCVRX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell 1000 Value Index3 With 5% maximum sales charge Class A 19.26% 5.08% 6.34% 4.94% 6.16% On 11/8/02, the Fund acquired all of the assets of the Pzena Focused Value Fund, the Funds predecessor, pursuant to a reorganization. Performance prior to 11/8/02 reflects the performance of the Funds predecessor. The Funds total annual operating expense ratio as of the current prospectus is 1.30%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 6/24/96 to 9/30/12
LARGE MEDIUM SMALL

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MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 5-year 25.57% 6.89% 5.38% 30.92% 11.84% 0.90%

10-year 5.49% 8.17%

Life of Fund (6/24/96) 6.50% 7.55%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 6.37 2003 36.25 2004 14.28 2005 8.81 2006 16.54 2007 14.20 2008 46.55 2009 35.80 2010 16.06 2011 6.83

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. Performance of the Pzena Focused Value Fund reflects stocks selected from the largest 1,000 publicly traded companies, whereas the Fund invests in stocks selected from the 500 largest such companies. 3 The Russell 1000 Value Index is an unmanaged index containing those securities in the Russell 1000 Index with a less-than-average growth orientation. It is not possible to invest directly in an index.

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ALL DATA AS OF 9/30/12

John Hancock Classic Value Fund


KEY FACTS u Pzena Investment Management is a premier global investment firm that has been dedicated to value investing since its founding in 1995. u The team is composed of 20 investment professionals with diverse backgrounds, including private equity investing, public accounting and management consulting. u The Fund uses a disciplined investment buy-and-sell process, which is intended to avoid overvalued securities. TEN LARGEST EQUITY HOLDINGS4 Hewlett-Packard Company Royal Dutch Petroleum Company Staples, Inc. BP PLC ADR Allstate Corp. 4.83% 4.56% 4.20% 4.09% 4.05% Oracle Corp. TE Connectivity, Ltd. Entergy Corp. Northrop Grumman Corp. L-3 Communications Holdings, Inc. TOTAL SECTOR COMPOSITION4 Financials Information Technology Energy Consumer Discretionary Industrials Health Care Utilities Consumer Staples Materials WHAT YOU SHOULD KNOW BEFORE INVESTING 34.96% 19.13% 13.47% 11.23% 8.81% 4.24% 3.08% 1.91% 1.45% 3.43% 3.36% 3.08% 3.04% 3.03% 37.67%

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I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser Pzena Investment Management, LLC Portfolio Managers Richard Pzena Managing Principal Managed Fund since it began in 1996 Began career in 1980 John Goetz Managing Principal Managed Fund since it began in 1996 Began career in 1979 Antonio DeSpirito III Principal Joined Fund team in 2006 Began career in 1993 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
5

11/11/02 $1,470.6 37% 40

Number of holdings RISK MEASURES VS. BENCHMARK Benchmark

Value stocks may not increase in price as anticipated or may decline further in value. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Investments concentrated in one sector may fluctuate more widely than investments diversified across sectors. The Fund may hold a limited number of securities, which may increase overall risk. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Russell 1000 Value Index Beta6 1.21 Standard deviation7 Fund Benchmark 20.04 16.10

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 380HS 10/12

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John Hancock

Disciplined Value Fund


SUBADVISED BY ROBECO INVESTMENT MANAGEMENT, INC. Goal: Seeks long-term growth of capital. Strategy: Under normal circumstances, the Fund invests at least 80% of its net assets in a diversified portfolio of common stocks of issuers identified as having value characteristics. Various factors are used to determine this, including price-to-book value and price-toearnings ratios. Securities are selected based on a continuous study of trends in industries and companies, earnings power and growth.
A Domestic Equity Fund ALL DATA AS OF 9/30/12 A JVLAX B JVLBX C JVLCX I JVLIX R1 JDVOX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell 1000 Value Index3 With 5% maximum sales charge Class A 27.21% 9.55% 0.42% 8.46% 6.48% On 12/19/08, John Hancock Disciplined Value Fund acquired the assets of the Robeco Boston Partners Large Cap Value Fund (predecessor fund). Returns of the predecessor funds Investor Class shares, first offered on 1/16/97, have been recalculated to apply the gross fees and expenses of Class A, first offered on 12/22/08. The Funds total annual operating expense ratio as of the current prospectus is 1.24%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 1/16/97 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 5-year 33.90% 11.44% 1.45% 30.92% 11.84% 0.90%

10-year 9.02% 8.17%

Life of Fund (1/16/97) 6.83% 6.71%

Q3

MARKET CAP
VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

HHHH
(out of 1,063 Large Value funds)

The Fund was rated 3 stars, 4 stars and 4 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHH

(out of 1,063 Large Value funds)

The Fund was rated 3 stars, 4 stars and 5 stars for the 3-, 5- and 10-year periods, respectively. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 1,063, 938 and 587 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.*

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 20.11 2003 25.19 2004 15.35 2005 10.13 2006 19.02 2007 3.89 2008 33.46 2009 26.05 2010 12.78 2011 0.00

10

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell 1000 Value Index measures the performance of those companies within the Russell 1000 Index with lower price-to-book ratios and lower forecasted growth values. It is not possible to invest directly in an index.

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11/1/2012 11:14:00 AM

ALL DATA AS OF 9/30/12

John Hancock Disciplined Value Fund


KEY FACTS u The Fund is managed by Robeco Boston Partners, a premier institutional money manager which specializes in traditional value investing. Robeco Boston Partners is a division of Robeco Investment Management, Inc., the Funds subadviser. u The management team utilizes an investment philosophy and strategy that has been refined over more than 25 years. u The Fund systematically blends fundamental research with quantitative screening to identify undervalued stocks which management believes have the potential to preserve capital by participating in rising markets while outperforming in a declining market. TEN LARGEST EQUITY HOLDINGS4 Wells Fargo & Company Exxon Mobil Corp. Berkshire Hathaway, Inc., Class B General Electric Company Pfizer, Inc. 4.24% 4.00% 3.78% 3.56% 3.49% JPMorgan Chase & Company Johnson & Johnson Citigroup, Inc. Comcast Corp., Class A Microsoft Corp. TOTAL SECTOR COMPOSITION4 Financials Health Care Consumer Discretionary Information Technology Energy Industrials Consumer Staples Utilities Materials Telecommunication Services WHAT YOU SHOULD KNOW BEFORE INVESTING 25.11% 17.31% 14.49% 13.25% 11.56% 10.47% 2.22% 1.43% 1.17% 1.01% 2.95% 2.54% 2.46% 2.22% 2.15% 31.39%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Robeco Investment Management, Inc. Portfolio Managers Mark Donovan, CFA Chief Executive Officer Joined Fund team in 1995 Began investment career in 1981 David Pyle, CFA Portfolio Manager Joined Fund team in 2000 Began investment career in 1995 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
5

12/22/08 $3,021.3 44% 83

Number of holdings RISK MEASURES VS. BENCHMARK Benchmark

Russell 1000 Value Index Beta6 1.04 Standard deviation7 Fund Benchmark 16.86 16.10

Value stocks may not increase in price as anticipated or may decline further in value. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Large company stocks as a group could fall out of favor with the market, causing the Fund to underperform. If the Fund invests in illiquid securities, it may be difficult to sell them at a price approximating their value. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 340HS 10/12

11

QFG.indb 11

11/1/2012 11:14:02 AM

John Hancock

Disciplined Value Mid Cap Fund


SUBADVISED BY ROBECO INVESTMENT MANAGEMENT, INC. Goal: Seeks long-term growth of capital. Strategy: Under normal circumstances, the Fund invests at least 80% of its net assets in a diversified portfolio of common stocks of issuers with medium market capitalizations and identified as having value characteristics.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A JVMAX

C JVMCX

I JVMIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell Midcap Value Index3 With 5% maximum sales charge Class A 22.51% 12.19% 3.77% 11.47% 7.71% On 7/9/10, the Fund acquired all of the assets of the Robeco Boston Partners Mid Cap Value Fund, whose Investor Class was first offered on 6/2/97. The Investor Class performance has been recalculated to reflect the gross fees and expenses of the Funds Class A shares, first offered on 7/12/10. The Funds total annual operating expense ratio as of the current prospectus is 1.33%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 6/2/97 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 28.98% 14.11% 29.28% 13.86%

5-year 4.83% 1.73%

10-year 12.04% 10.96%

Life of Fund (6/2/97) 8.07% 8.94%

Q3

MARKET CAP
VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

HHHH
(out of 347 Mid-Cap Value funds)

The Fund was rated 3 stars, 4 stars and 5 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHHH
(out of 347 Mid-Cap Value funds)

The Fund was rated 4 stars, 5 stars and 5 stars for the 3-, 5- and 10-year periods, respectively. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 347, 296 and 158 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.*

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 14.89 2003 36.13 2004 20.30 2005 9.76 2006 16.56 2007 4.91 2008 32.63 2009 40.53 2010 22.84 2011 0.32

12

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell Midcap Value Index is an unmanaged index containing those stocks from the Russell Midcap Index with lower price-to-book ratios and lower forecasted growth values. It is not possible to invest directly in an index.

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11/1/2012 11:14:03 AM

ALL DATA AS OF 9/30/12

John Hancock Disciplined Value Mid Cap Fund


KEY FACTS u The Fund is managed by Robeco Boston Partners, a premier institutional money manager that specializes in traditional value investing. Robeco Boston Partners is a division of Robeco Investment Management, Inc., the Funds subadvisor. u The management team utilizes a risk-averse approach to traditional mid-cap value investing. u The management team utilizes a risk-averse value investment approach that was established over 25 years ago. TEN LARGEST EQUITY HOLDINGS4 CBS Corp., Class B Moodys Corp. McGraw-Hill Companies, Inc. Robert Half International, Inc. Wesco International, Inc. 2.23% 1.72% 1.53% 1.42% 1.41% Fifth Third Bancorp Torchmark Corp. Noble Energy, Inc. Cytec Industries, Inc. Flowserve Corp. TOTAL SECTOR COMPOSITION4 Financials Industrials Information Technology Consumer Discretionary Health Care Materials Energy Utilities Consumer Staples WHAT YOU SHOULD KNOW BEFORE INVESTING 24.26% 14.87% 13.82% 12.03% 9.22% 7.43% 6.12% 5.74% 2.84% 1.38% 1.37% 1.36% 1.36% 1.34% 15.12%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Robeco Investment Management, Inc. Portfolio Managers Steven Pollack, CFA Portfolio Manager Joined Fund team in 2000 Began investment career in 1984 Joseph Feeney, Jr., CFA Chief Investment Officer Joined Fund team in 2010 Began investment career in 1985 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover5 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Russell Midcap Value Index Beta6 1.02 Standard deviation7 Fund Benchmark 18.17 17.62 7/12/10 $1,993.8 41% 115

The prices of medium and small company stocks can change more frequently and dramatically than those of large company stocks. Value stocks may not increase in price as anticipated or may decline further in value. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility, and political and social instability. If the Fund invests in illiquid securities, it may be difficult to sell them at a price approximating their value. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 363HS 10/12

13

QFG.indb 13

11/1/2012 11:14:06 AM

John Hancock

Fundamental All Cap Core Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: Invests at least 80% of its net assets in equity securities. Market capitalizations of these companies will span the capitalization spectrum. In managing the Fund, the subadviser looks for companies that are highly differentiated with key growth drivers, sustainable cash flow production and high returns on capital.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A JFCAX

I JFCIX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge Class A Russell 3000 Index2 With 5% maximum sales charge Class A 25.39% 2.39% The Funds net annual operating expense ratio as of the current prospectus is 1.30%. The gross annual operating expense ratio of 3.69% is reduced due to a contractual expense reimbursement, which is in effect until at least 12/31/12 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 5/31/11 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 31.99% 30.20%

3-year

5-year

10-year

Life of Fund (5/31/11) 6.40% 6.18%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 8.303

14

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 The Russell 3000 Index is an unmanaged index that includes 3,000 of the largest publicly traded common stocks. It is not possible to invest directly in an index. 3 Results since inception (not annualized).

QFG.indb 14

11/1/2012 11:14:07 AM

ALL DATA AS OF 9/30/12

John Hancock Fundamental All Cap Core Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The management team looks for financially stable companies with sustainable competitive advantages that are selling at significant discounts to their intrinsic value. u The team maintains a patient and long-term investment horizon that allows for the compounding of companies cash flows, which may translate into a low turnover strategy. TEN LARGEST EQUITY HOLDINGS4 Amazon.com, Inc. QUALCOMM, Inc. Lowes Companies, Inc. JPMorgan Chase & Company Apple, Inc. 6.86% 6.14% 4.44% 4.34% 4.28% Ancestry.com, Inc. Bank of America Corp. The Goldman Sachs Group, Inc. Avery Dennison Corp. T. Rowe Price Group, Inc. TOTAL SECTOR COMPOSITION4 Information Technology Financials Consumer Discretionary Industrials Energy Health Care Consumer Staples WHAT YOU SHOULD KNOW BEFORE INVESTING 27.07% 23.61% 18.48% 10.20% 7.97% 5.10% 4.82% 4.28% 4.13% 3.40% 2.97% 2.75% 43.59%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Walter T. McCormick, CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1970 Emory W. (Sandy) Sanders, Jr., CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1997 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
5

5/31/11 $5.4 47% 45

Number of holdings

Large company stocks as a group could fall out of favor with the market, causing the fund to underperform. The prices of medium and small company stocks can change more frequently and dramatically than those of large company stocks. Foreign investing, especially in emerging markets, has additional risks such as currency and market volatility and political and social instability. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. If the fund invests in illiquid securities, it may be difficult to sell them at a price approximating their value. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 376HS 10/12

15

QFG.indb 15

11/1/2012 11:14:09 AM

John Hancock

Fundamental Large Cap Core Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: Invests at least 80% of its net assets in equity securities of large-capitalization companies, defined as those that at the time of purchase have a market capitalization equal to or greater than that of the top 80% of the companies that comprise the S&P 500 Index. In managing the Fund, the subadviser looks for companies that are highly differentiated with key growth drivers, sustainable cash flow production and high returns on capital.
A Domestic Equity Fund ALL DATA AS OF 9/30/12 A JFLAX I JFLIX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge Class A S&P 500 Index2 With 5% maximum sales charge Class A 25.33% 4.02% The Funds net annual operating expense ratio as of the current prospectus is 1.30%. The gross annual operating expense ratio of 3.82% is reduced due to a contractual expense reimbursement, which is in effect until at least 12/31/12 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 5/31/11 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 31.92% 30.20%

3-year

5-year

10-year

Life of Fund (5/31/11) 8.10% 7.61%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 5.463

16

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 The S&P 500 Index is an unmanaged index of 500 widely traded common stocks. It is not possible to invest directly in an index. 3 Results since inception (not annualized).

QFG.indb 16

11/1/2012 11:14:09 AM

ALL DATA AS OF 9/30/12

John Hancock Fundamental Large Cap Core Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The management team looks for financially stable companies with sustainable competitive advantages that are selling at significant discounts to their intrinsic value. u The team maintains a patient and long-term investment horizon that allows for the compounding of companies cash flows, which may translate into a low turnover strategy. TEN LARGEST EQUITY HOLDINGS4 Amazon.com, Inc. QUALCOMM, Inc. Lowes Companies, Inc. Apple, Inc. JPMorgan Chase & Company 5.54% 5.46% 4.51% 4.23% 4.14% Google, Inc., Class A Bank of America Corp. Cisco Systems, Inc. Ancestry.com, Inc. T. Rowe Price Group, Inc. TOTAL SECTOR COMPOSITION4 Information Technology Financials Consumer Discretionary Energy Health Care Consumer Staples Industrials Materials WHAT YOU SHOULD KNOW BEFORE INVESTING 24.57% 20.22% 15.86% 10.92% 9.51% 6.01% 5.90% 1.38% 3.32% 3.27% 2.69% 2.61% 2.59% 38.36%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Walter T. McCormick, CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1970 Emory W. (Sandy) Sanders, Jr., CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1997 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
5

5/31/11 $5.7 40% 46

Number of holdings

Large company stocks as a group could fall out of favor with the market, causing the fund to underperform. Foreign investing, especially in emerging markets, has additional risks such as currency and market volatility and political and social instability. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. If the fund invests in illiquid securities, it may be difficult to sell them at a price approximating their value. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 372HS 10/12

17

QFG.indb 17

11/1/2012 11:14:12 AM

John Hancock

Fundamental Large Cap Value Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: Invests at least 80% of its net assets in equity securities of large-capitalization companies, defined as those that at the time of purchase have a market capitalization equal to or greater than that of the top 80% of the companies that comprise the Russell 1000 Index. In managing the Fund, the subadviser looks for companies that are highly differentiated with key growth drivers, sustainable cash flow production and high returns on capital.
A Domestic Equity Fund ALL DATA AS OF 9/30/12 A JFVAX I JFVIX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge Class A Russell 1000 Value Index2 With 5% maximum sales charge Class A 28.71% 4.22% The Funds net annual operating expense ratio as of the current prospectus is 1.30%. The gross annual operating expense ratio of 3.79% is reduced due to a contractual expense reimbursement, which is in effect until at least 12/31/12 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 5/31/11 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 35.48% 30.92%

3-year

5-year

10-year

Life of Fund (5/31/11) 8.30% 5.54%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 5.683

18

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 The Russell 1000 Value Index is an unmanaged index containing those securities in the Russell 1000 Index with a less-than-average growth orientation. It is not possible to invest directly in an index. 3 Results since inception (not annualized).

QFG.indb 18

11/1/2012 11:14:13 AM

ALL DATA AS OF 9/30/12

John Hancock Fundamental Large Cap Value Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The management team looks for financially stable companies with sustainable competitive advantages that are selling at significant discounts to their intrinsic value. u The team maintains a patient and long-term investment horizon that allows for the compounding of companies cash flows, which may translate into a low turnover strategy. TEN LARGEST EQUITY HOLDINGS4 Lowes Companies, Inc. JPMorgan Chase & Company Bank of America Corp. Wells Fargo & Company Carnival Corp. 4.57% 4.28% 3.59% 3.50% 3.44% Avery Dennison Corp. The Goldman Sachs Group, Inc. QUALCOMM, Inc. Merck & Company, Inc. Cisco Systems, Inc. TOTAL SECTOR COMPOSITION4 Financials Consumer Discretionary Industrials Health Care Information Technology Energy Consumer Staples Utilities WHAT YOU SHOULD KNOW BEFORE INVESTING 28.27% 17.16% 11.77% 10.90% 10.45% 10.35% 9.18% 0.93% 3.13% 3.08% 2.96% 2.93% 2.76% 34.24%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Walter T. McCormick, CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1970 Emory W. (Sandy) Sanders, Jr., CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1997 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
5

5/31/11 $829.1 26% 49

Number of holdings

Large company stocks as a group could fall out of favor with the market, causing the Fund to underperform. Value stocks may not increase in price as anticipated or may decline further in value. Foreign investing, especially in emerging markets, has additional risks such as currency and market volatility and political and social instability. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. If the fund invests in illiquid securities, it may be difficult to sell them at a price approximating their value. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 374HS 10/12

19

QFG.indb 19

11/1/2012 11:14:16 AM

John Hancock

Large Cap Equity Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: Invests primarily in equity securities of large-cap companies and may invest up to 35% of assets in foreign securities. The management team seeks companies that are selling at what appear to be substantial discounts to their long-term intrinsic values and/or offer the potential for above-average earnings growth.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A TAGRX

B TSGWX

C JHLVX

I JLVIX

R1 JLCRX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge Class A S&P 500 Index3 With 5% maximum sales charge Class A 25.10% 6.85% 1.16% 9.33% 10.19% The Funds total annual operating expense ratio as of the current prospectus is 1.12%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 9/30/84 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 31.67% 8.69% 30.20% 13.20%

5-year 2.21% 1.05%

10-year 9.89% 8.01%

Life of Fund2 (9/30/84) 10.19% 10.66%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 37.83 2003 23.29 2004 4.14 2005 16.26 2006 20.22 2007 33.77 2008 36.82 2009 33.73 2010 14.20 2011 9.03

20

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 The Fund was incepted on 10/4/49. Performance prior to 9/30/84 is not available. 3 The S&P 500 Index is an unmanaged index of 500 widely traded common stocks. It is not possible to invest directly in an index.

QFG.indb 20

11/1/2012 11:14:17 AM

ALL DATA AS OF 9/30/12

John Hancock Large Cap Equity Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The management team looks for companies that have identifiable catalysts for growth, such as new products, business restructurings or mergers. u The Funds investments are diversified across many economic sectors, but may be focused on sectors that the management team believes are undervalued. TEN LARGEST EQUITY HOLDINGS4 Amazon.com, Inc. QUALCOMM, Inc. Lowes Companies, Inc. Apple, Inc. JPMorgan Chase & Company 5.85% 5.77% 4.69% 4.68% 4.51% Google, Inc., Class A Bank of America Corp. Cisco Systems, Inc. Ancestry.com, Inc. T. Rowe Price Group, Inc. TOTAL SECTOR COMPOSITION4 Information Technology Financials Consumer Discretionary Energy Health Care Consumer Staples Industrials Materials WHAT YOU SHOULD KNOW BEFORE INVESTING 26.36% 21.30% 16.70% 11.93% 8.88% 6.50% 6.31% 1.33% 3.80% 3.39% 2.90% 2.80% 2.78% 41.17%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Walter T. McCormick, CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1970 Emory W. (Sandy) Sanders, Jr., CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1997 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover5 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Beta6 Standard deviation7 Fund Benchmark S&P 500 Index 1.15 18.16 15.58 10/4/49 $1,541.5 59% 48

Large company stocks as a group could fall out of favor with the market, causing the Fund to underperform. Value stocks may not increase in price as anticipated or may decline further in value. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 500HS 10/12

21

QFG.indb 21

11/1/2012 11:14:20 AM

John Hancock

Mid Cap Equity Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: Invests primarily in equity securities of medium-capitalization companies. The management team seeks companies with substantial cash flows, reliable revenue streams and superior competitive positions.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A JCEAX

B JCEBX

C JCECX

I JCEIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell Midcap Growth Index3 With 5% maximum sales charge Class A 13.88% 5.36% 2.69% 5.84% The Funds net annual operating expense ratio as of the current prospectus is 1.45%. The gross annual operating expense ratio of 1.88% is reduced due to a contractual expense reimbursement, which is in effect until at least 2/28/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 8/4/03 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 5-year 19.88% 7.16% 1.68% 26.69% 14.73% 2.54%

10-year

Life of Fund (8/4/03) 6.44% 8.75%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 16.334 2004 12.06 2005 16.85 2006 5.29 2007 15.70 2008 44.60 2009 48.07 2010 21.31 2011 12.24

22

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell Midcap Growth Index measures the performance of the mid-cap growth segment of the U.S. equity universe. It includes those Russell Midcap Index companies with higher price-to-book ratios and higher forecasted growth values. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

QFG.indb 22

11/1/2012 11:14:20 AM

ALL DATA AS OF 9/30/12

John Hancock Mid Cap Equity Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u Risk budgeting is an integral part of the Funds investment process: the portfolio management team continually monitors the portfolio and the market to ensure there are no extreme or unintended allocations. u The Fund typically invests in companies with a high rate of earnings growth and rising valuation prospects. TEN LARGEST EQUITY HOLDINGS5 Trimble Navigation Ltd. LinkedIn Corp., Class A HomeAway, Inc. Under Armour, Inc., Class A CoStar Group, Inc. 3.05% 3.04% 2.98% 2.54% 2.48% Pall Corp. IHS, Inc., Class A Alliance Data Systems Corp. Perrigo Company LKQ Corp. TOTAL SECTOR COMPOSITION
5

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Daniel Cole, CFA Senior Portfolio Manager Joined Fund team in 2008 Began career in 1993 Thomas L. Holman Senior Portfolio Manager Joined Fund team in 2012 Began business career in 1993 Christopher OBrien, CFA, CMT Portfolio Manager Joined Fund team in 2004 Began career in 1993 Robert Shea, CFA Portfolio Manager Joined Fund team in 2001 Began career in 1997 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Russell Midcap Growth Index 7 Beta 1.15 Standard deviation8 Fund Benchmark 21.66 18.63 8/4/03 $26.9 125% 68

2.44% 2.37% 2.33% 2.23% 2.16% 25.62%

Information Technology Consumer Discretionary Industrials Health Care Consumer Staples Materials Financials Energy WHAT YOU SHOULD KNOW BEFORE INVESTING

26.68% 21.12% 17.01% 15.45% 8.38% 4.14% 4.02% 3.33%

The prices of medium and small company stocks can change more frequently and dramatically than those of large company stocks. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Frequently trading securities may increase transaction costs (thus lowering performance) and taxable distributions. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 810HS 10/12

23

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11/1/2012 11:14:24 AM

John Hancock

Rainier Growth Fund


SUBADVISED BY RAINIER INVESTMENT MANAGEMENT, INC. Goal: Seeks long-term capital appreciation. Strategy: The Fund seeks to maximize long-term capital appreciation. Under normal market conditions, the Fund invests at least 80% of its net assets in the common stock of large-capitalization growth companies traded in the U.S. and affords shareholders the opportunity to invest in some of the fastest-growing companies in the U.S. The term growth company denotes companies with the prospect of strong earnings, revenue or cash flow growth.
A Domestic Equity Fund ALL DATA AS OF 9/30/12 A RGROX B RGRBX C RGRCX I RLGIX R1 RGRWX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell 1000 Growth Index3 With 5% maximum sales charge Class A 19.19% 9.63% 1.76% 7.67% 1.19% On 4/25/08, John Hancock Rainier Growth Fund acquired the assets of the Rainier Large Cap Growth Equity Portfolio (predecessor fund). Performance prior to 4/28/08 reflects the performance of the Funds predecessor. The Funds total annual operating expense ratio as of the current prospectus is 1.25%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 6/15/00 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 5-year 25.44% 11.52% 0.75% 29.19% 14.73% 3.24%

10-year 8.22% 8.41%

Life of Fund (6/15/00) 0.77% 0.91%4

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 26.16 2003 33.88 2004 11.60 2005 11.61 2006 7.24 2007 20.57 2008 43.89 2009 31.68 2010 16.59 2011 4.45

24

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell 1000 Growth Index is an unmanaged index of the 1,000 largest companies in the Russell 3000 Index. It is not possible to invest directly in an index. 4 Index figure as of closest month end to inception date.

QFG.indb 24

11/1/2012 11:14:24 AM

ALL DATA AS OF 9/30/12

John Hancock Rainier Growth Fund


KEY FACTS u Rainier Investment Management, Inc. has provided investment advisory services for over 20 years. u The management team identifies companies with above-average earnings-per-share growth rates selling at reasonable valuations relative to their industry peers. u The management team believes that investment opportunities exist across all sectors. TEN LARGEST EQUITY HOLDINGS5 Apple, Inc. Google, Inc., Class A Microsoft Corp. QUALCOMM, Inc. eBay, Inc. 6.85% 3.52% 3.35% 2.80% 2.43% EMC Corp. Whole Foods Market, Inc. Allergan, Inc. Amazon.com, Inc. Schlumberger, Ltd. TOTAL SECTOR COMPOSITION5 Information Technology Consumer Discretionary Health Care Industrials Consumer Staples Energy Financials Materials WHAT YOU SHOULD KNOW BEFORE INVESTING 34.71% 18.59% 13.24% 8.89% 8.30% 6.07% 5.15% 3.69% 2.42% 2.21% 2.20% 2.20% 2.18% 30.16%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Rainier Investment Management, Inc. The Fund is managed by a team of portfolio managers at Rainier Investment Management, Inc. KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Russell 1000 Growth Index Beta7 1.09 Standard deviation8 Fund Benchmark 17.78 16.07 4/28/08 $1,143.9 90% 72

Growth stocks may be subject to greater price fluctuations because their prices tend to place more emphasis on earnings expectations. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Large company stocks as a group could fall out of favor with the market, causing the Fund to underperform. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 334HS 10/12

25

QFG.indb 25

11/1/2012 11:14:27 AM

John Hancock

Small Cap Equity Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks capital appreciation. Strategy: Invests primarily in stocks of U.S. small-cap companies. The management team seeks companies with substantial cash flows, reliable revenue streams, strong competitive positions and strong management.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A SPVAX

B SPVBX

C SPVCX

I SPVIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell 2000 Growth Index3 With 5% maximum sales charge Class A 26.21% 12.18% 0.01% 8.70% 8.30% The Funds total annual operating expense ratio as of the current prospectus is 1.28%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 1/3/94 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 32.85% 14.12% 31.18% 14.19%

5-year 1.04% 2.96%

10-year 9.26% 10.55%

Life of Fund (1/3/94) 8.60% 5.90%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 44.33 2003 48.91 2004 12.86 2005 8.23 2006 6.84 2007 1.43 2008 44.33 2009 47.98 2010 33.07 2011 7.63

26

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell 2000 Growth Index measures the performance of those companies within the Russell 2000 Index with high price-to-book ratios and higher forecasted values. It is not possible to invest directly in an index.

QFG.indb 26

11/1/2012 11:14:28 AM

ALL DATA AS OF 9/30/12

John Hancock Small Cap Equity Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u Risk budgeting is an integral part of the Funds investment process: the portfolio management team continually monitors the portfolio and the market to ensure there are no extreme or unintended allocations. u The Fund typically invests in companies with a high rate of earnings growth and rising valuation prospects. TEN LARGEST EQUITY HOLDINGS4 KVH Industries, Inc. Keyw Holding Corp. Cardtronics, Inc. HomeAway, Inc. Watsco, Inc. 3.60% 3.04% 3.01% 2.86% 2.86% Acuity Brands, Inc. CoStar Group, Inc. Align Technology, Inc. Chart Industries, Inc. TreeHouse Foods, Inc. TOTAL SECTOR COMPOSITION
4

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Daniel Cole, CFA Senior Portfolio Manager Joined Fund team in 2008 Began career in 1993 Thomas L. Holman Senior Portfolio Manager Joined Fund team in 2012 Began business career in 1993 Christopher OBrien, CFA, CMT Portfolio Manager Joined Fund team in 2004 Began career in 1993 Robert Shea, CFA Portfolio Manager Joined Fund team in 2001 Began career in 1997 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover5 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Russell 2000 Growth Index Beta6 1.05 Standard deviation7 Fund Benchmark 23.83 21.83 1/3/94 $416.0 110% 74

2.80% 2.79% 2.78% 2.41% 2.30% 28.45%

Information Technology Industrials Health Care Consumer Discretionary Consumer Staples Energy Financials Materials WHAT YOU SHOULD KNOW BEFORE INVESTING

33.70% 23.81% 14.25% 13.49% 4.59% 3.84% 3.52% 2.32%

The prices of small company stocks can change more frequently and dramatically than those of large company stocks. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 370HS 10/12

27

QFG.indb 27

11/1/2012 11:14:30 AM

John Hancock

Small Cap Intrinsic Value Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: Invests primarily in equity securities of small-capitalization companies. In managing the portfolio, the team seeks companies that are selling at what appear to be substantial discounts to their long-term intrinsic values.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A JHIAX

B JCIBX

C JSICX

I JHIIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell 2000 Index3 With 5% maximum sales charge Class A 27.48% 8.09% 4.61% 4.25% The Funds total annual operating expense ratio as of the current prospectus is 1.45%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 2/28/05 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 5-year 34.19% 9.95% 3.62% 31.91% 12.99% 2.21%

10-year

Life of Fund (2/28/05) 4.96% 5.13%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 17.284 2006 28.99 2007 9.91 2008 58.50 2009 67.87 2010 35.09 2011 22.32

28

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

QFG.indb 28

11/1/2012 11:14:31 AM

ALL DATA AS OF 9/30/12

John Hancock Small Cap Intrinsic Value Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The management team looks for companies that have identifiable catalysts for growth, such as new products, business restructurings or mergers. u Small companies often have proprietary products or services or operate in a dynamic field, giving them greater potential for rapid earnings growth. TEN LARGEST EQUITY HOLDINGS5 Chemtura Corp. MDC Partners, Inc., Class A Iconix Brand Group, Inc. Synovus Financial Corp. Bond Street Holdings LLC, Class A 5.10% 4.75% 4.14% 3.89% 3.86% Teleflex, Inc. Atwood Oceanics, Inc. CoreLogic Inc. IAMGOLD Corp. Dunkin Brands Group Inc. TOTAL SECTOR COMPOSITION5 Financials Consumer Discretionary Information Technology Energy Materials Health Care Industrials Utilities Consumer Staples WHAT YOU SHOULD KNOW BEFORE INVESTING 26.25% 17.58% 14.54% 11.58% 9.59% 7.83% 6.82% 3.01% 2.09% 3.85% 3.74% 3.65% 3.36% 3.36% 39.70%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Timothy Malloy Senior Portfolio Manager Managed Fund since it began in 2005 Began career in 1993 Roger Hamilton Senior Portfolio Manager Joined Fund team in 2008 Began career in 1979 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Beta7 Standard deviation8 Fund Benchmark Russell 2000 Index 1.15 26.11 21.28 2/28/05 $304.1 95% 56

The prices of medium and small company stocks can change more frequently and dramatically than those of large company stocks. Value stocks may not increase in price as anticipated or may decline further in value. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 640HS 10/12

29

QFG.indb 29

11/1/2012 11:14:33 AM

John Hancock

Small Company Fund


SUBADVISED BY FIDUCIARY MANAGEMENT ASSOCIATES, LLC Goal: Seeks maximum long-term total return. Strategy: Invests at least 80% of its net assets in equity securities of domestic companies that are smaller or less established in terms of revenue and have market capitalizations that are less than $2.5 billion. The investment team employs a relative value philosophy to analyze and select investments that have attractive valuations as well as potential catalysts that are expected to lead to accelerating earnings and cash flow growth.
A Domestic Equity Fund ALL DATA AS OF 9/30/12 A JCSAX I JCSIX R1 JCSOX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell 2000 Index3 With 5% maximum sales charge Class A 20.59% 9.35% 0.05% 8.24% 9.54% On 12/11/09, John Hancock Small Company Fund acquired the assets of the FMA Small Company Portfolio (predecessor fund). Returns of the predecessor funds Investor Class shares, first offered on 7/31/91, have been recalculated to apply the gross fees and expenses of Class A, first offered on 12/14/09. The Funds net annual operating expense ratio as of the current prospectus is 1.50%. The gross annual operating expense ratio of 1.54% is reduced due to a contractual expense reimbursement, which is in effect until at least 6/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 7/31/91 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 26.96% 11.24% 31.91% 12.99%

5-year 0.98% 2.21%

10-year 8.80% 10.17%

Life of Fund (7/31/91) 9.81% 9.23%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 12.63 2003 33.16 2004 19.26 2005 4.58 2006 20.39 2007 0.35 2008 28.63 2009 23.88 2010 23.79 2011 5.17

30

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index. It is not possible to invest directly in an index.

QFG.indb 30

11/1/2012 11:14:34 AM

ALL DATA AS OF 9/30/12

John Hancock Small Company Fund


KEY FACTS u Fiduciary Management Associates, LLC is an independent, employee-owned firm whose portfolio management team has an average of 19 years of investment experience. u The investment process integrates macro and sector catalysts, such as the level and direction of interest rates and inflation trends, with fundamental stock selection that is focused on valuation, earnings and cash flow growth. u The Fund manages risk by investing in a well diversified portfolio of stocks across a wide range of market industries and sectors. TEN LARGEST EQUITY HOLDINGS4 UNS Energy Corp. OSI Systems, Inc. A.O. Smith Corp. Elizabeth Arden, Inc. Medical Properties Trust, Inc., REIT 1.73% 1.63% 1.56% 1.54% 1.51% Beacon Roofing Supply, Inc. Lexington Realty Trust EastGroup Properties, Inc. Webster Financial Corp. Prosperity Bancshares, Inc. TOTAL SECTOR COMPOSITION
4

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Fiduciary Management Associates, LLC Portfolio Managers Kathryn Vorisek Senior Managing Director Joined Fund team in 1996 Began career in 1984 Leo Harmon, CFA Managing Director Joined Fund team in 2003 Began career in 1993 KEY STATISTICS Class A Inception Financials Information Technology Industrials Consumer Discretionary Health Care Energy Materials Utilities Consumer Staples 26.64% 18.65% 18.26% 11.35% 7.28% 5.22% 4.60% 2.94% 2.60% Total net assets (mil) Portfolio turnover
5

1.51% 1.51% 1.50% 1.50% 1.49% 15.48%

12/14/09 $174.2 133% 88

Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Beta6 Standard deviation7 Fund Benchmark

Russell 2000 Index 0.92 20.10 21.28

WHAT YOU SHOULD KNOW BEFORE INVESTING

The prices of small company stocks can change more frequently and dramatically than those of large company stocks. Value stocks may not increase in price as anticipated or may decline further in value. Frequently trading securities may increase transaction costs (thus lowering performance) and taxable distributions. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 348HS 10/12

31

QFG.indb 31

11/1/2012 11:14:37 AM

John Hancock

Sovereign Investors Fund


SUBADVISED BY SOVEREIGN ASSET MANAGEMENT Goal: Seeks long-term growth of capital and income without assuming undue market risks. Strategy: Invests primarily in companies with market capitalizations within the range of the S&P 500 Index. At least 65% of the Funds stock investments are dividend performers companies whose dividend payments have increased steadily for ten years.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A SOVIX

B SOVBX

C SOVCX

I SOIIX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge Class A S&P 500 Index3 With 5% maximum sales charge Class A 20.66% 6.93% 0.63% 5.25% 10.15% The Funds total annual operating expense ratio as of the current prospectus is 1.17%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 12/31/78 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 26.97% 8.77% 30.20% 13.20%

5-year 0.39% 1.05%

10-year 5.79% 8.01%

Life of Fund2 (12/31/78) 10.31% 11.52%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 18.68 2003 19.55 2004 5.23 2005 2.28 2006 14.67 2007 7.83 2008 30.87 2009 23.64 2010 7.21 2011 0.45

32

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 The Fund was incepted on 5/1/36. The Funds current strategy began on 12/31/78. 3 The S&P 500 Index is an unmanaged index of 500 widely traded common stocks. It is not possible to invest directly in an index.

QFG.indb 32

11/1/2012 11:14:38 AM

ALL DATA AS OF 9/30/12

John Hancock Sovereign Investors Fund


KEY FACTS u Sovereign Asset Management has a 30-year history of conservative and disciplined investing for a variety of institutional and retail clients. u The Fund is managed by a seasoned investment team of seven professionals with an average of over 24 years of investment experience. u The Fund invests in large-cap, high-quality companies with stable earnings and revenues, which may make it a reliable foundation for a portfolio. TEN LARGEST EQUITY HOLDINGS4 Apple, Inc. Johnson & Johnson Exxon Mobil Corp. Philip Morris International, Inc. QUALCOMM, Inc. 4.84% 3.79% 3.50% 3.36% 2.79% General Electric Company International Business Machines Corp. Google, Inc., Class A Novartis AG ADR Occidental Petroleum Corp. TOTAL SECTOR COMPOSITION4 Information Technology Financials Health Care Energy Consumer Staples Consumer Discretionary Industrials Telecommunication Services Utilities Materials WHAT YOU SHOULD KNOW BEFORE INVESTING 22.74% 14.13% 11.99% 10.89% 10.81% 10.28% 10.22% 2.48% 2.01% 1.18% 2.74% 2.71% 2.68% 2.62% 2.56% 31.59%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser Sovereign Asset Management5 Portfolio Managers John Snyder III Senior Portfolio Manager Managed Fund since 1983 Began career in 1971 Barry Evans, CFA President Joined Fund team in 1996 Began career in 1986 Christopher OKeefe, CFA Portfolio Manager Joined Fund team in 2007 Began career in 1987 Christopher Perry, CFA Portfolio Manager Joined Fund team in 2007 Began career in 1990 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Beta7 Standard deviation8 Fund Benchmark S&P 500 Index 0.99 15.59 15.58 5/1/36 $580.7 52% 53

Large company stocks as a group could fall out of favor with the market, causing the Fund to underperform. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 Sovereign Asset Management is a division of John Hancock Asset Management. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 290HS 10/12

33

QFG.indb 33

11/1/2012 11:14:41 AM

John Hancock

Strategic Growth Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: The Fund seeks long-term capital appreciation. Strategy: The Fund normally invests at least 80% of its net assets in equity securities of large-capitalization companies whose earnings growth rate and sustainability are identified to be underestimated by market consensus.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A JSGAX

I JSGIX

CUMULATIVE TOTAL RETURNS2 Without maximum sales charge Class A Russell 1000 Growth Index3 With 5% maximum sales charge Class A 14.96% The Funds net annual operating expense ratio as of the current prospectus is 1.30%. The gross annual operating expense ratio of 2.05% is reduced due to a contractual expense reimbursement, which is in effect until at least 6/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes.
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year

3-year

5-year

10-year

Life of Fund (12/19/11) 21.01% 19.86%

Q3

MARKET CAP
VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

34

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell 1000 Growth Index is an unmanaged index of the 1,000 largest companies in the Russell 3000 Index. It is not possible to invest directly in an index.

QFG.indb 34

11/1/2012 11:14:41 AM

ALL DATA AS OF 9/30/12

John Hancock Strategic Growth Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The management team looks for companies that they perceive to have earnings growth rates and sustainability that are underestimated by the market consensus. u The Fund looks to invest in high quality, large-cap growth stocks which can offer potential for long-term growth with lower volatility than lower-quality investments. TEN LARGEST EQUITY HOLDINGS4 Apple, Inc. Philip Morris International, Inc. International Business Machines Corp. Google, Inc., Class A QUALCOMM, Inc. SECTOR COMPOSITION4 Information Technology Consumer Discretionary Consumer Staples Health Care Energy Industrials Financials Telecommunication Services WHAT YOU SHOULD KNOW BEFORE INVESTING 36.03% 19.25% 11.74% 10.04% 6.32% 5.55% 5.45% 1.42% 9.17% 3.30% 3.22% 2.74% 2.66% eBay, Inc. Express Scripts Holding Company Visa, Inc., Class A United Technologies Corp. Starbucks Corp. TOTAL 2.39% 2.25% 2.18% 2.03% 2.03% 31.97%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers W. Shannon Reid, CFA Joined the company in 2011 Began career in 1981

Jay Zelko, CFA Joined the company in 2011 Began career in 1987

David Chow, CFA Joined the company in 2011 Began career in 1992

Curtis Ifill,CFA Joined the company in 2011 Began career in 1996

KEY STATISTICS Class A Inception Total net assets (mil) Number of holdings 12/19/11 $966.0 64

Large company stocks as a group could fall out of favor with the market, causing the fund to underperform. Growth stocks may be subject to greater price fluctuations because their prices tend to place greater emphasis on earning expectations. Foreign investing, especially in emerging markets, has additional risks such as currency and market volatility and political and social instability. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 393HS 10/12

35

QFG.indb 35

11/1/2012 11:14:44 AM

John Hancock

U.S. Equity Fund


SUBADVISED BY GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC (GMO) Goal: Seeks high total return. Strategy: Invests in stocks that are economically tied to the U.S. and have market capitalizations similar to that of the S&P 500 Index. The subadviser selects stocks it believes are undervalued and have improving fundamentals. Generally, these stocks trade at prices below what the subadviser believes to be their fundamental value.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A JHUAX

I JHUIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell 3000 Index3 With 5% maximum sales charge Class A 20.19% 10.92% 1.27% 2.96% 10/29/05 is the inception date for the oldest class of shares, Class NAV shares. Class A shares were first offered on 10/31/11. The returns prior to this date are those of Class NAV shares that have been recalculated to apply the gross fees and expenses of Class A shares. The Funds total annual operating expense ratio as of the current prospectus is 1.35%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 10/29/05 to 9/30/12
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 26.57% 12.82% 30.20% 13.26%

5-year 2.31% 1.30%

10-year

Life of Fund (10/29/05) 3.73% 5.02%

Q3

MARKET CAP
VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

IIII
(out of 1,524 Large Blend funds)

The Fund was rated 3 stars and 5 stars for the 3- and 5-year periods, respectively. Load-waived rating

IIIII
(out of 1,524 Large Blend funds)

The Fund was rated 5 stars for the 3and 5-year periods. Overall rating is based on 3- and 5-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The ratings shown are based on the historical adjusted returns prior to the date Class A shares were first offered (10/31/11). These hypothetical calculated returns reflect the historical performance of the Class NAV shares, adjusted to reflect the gross fees and expenses of Class A. The Fund was rated out of 1,524 and 1,328 funds for the 3- and 5-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* 36

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 3.544 2006 7.04 2007 1.70 2008 27.62 2009 19.12 2010 7.71 2011 7.16

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell 3000 Index is an unmanaged index that includes 3,000 of the largest publicly traded common stocks. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

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11/1/2012 11:14:45 AM

ALL DATA AS OF 9/30/12

John Hancock U.S. Equity Fund


KEY FACTS u GMO is a global investment management firm with seven offices located around the globe. GMO has provided investment advisory services to institutions for 30 years. u The Fund may serve as a solid foundation to a well-diversified portfolio by providing broad exposure to the U.S. stock market and investing in companies from different industries and sectors. u The Funds strategy of combining valuation and momentum stocks may increase portfolio diversification and reduce the Funds risk level. TEN LARGEST EQUITY HOLDINGS5 Google, Inc., Class A Microsoft Corp. Pfizer, Inc. Wal-Mart Stores, Inc. International Business Machines Corp. SECTOR COMPOSITION5 Information Technology Health Care Consumer Staples Consumer Discretionary Financials Industrials Energy Telecommunication Services Materials Utilities WHAT YOU SHOULD KNOW BEFORE INVESTING 29.09% 28.79% 23.19% 8.45% 3.31% 2.86% 1.31% 0.65% 0.54% 0.11% 4.78% 4.63% 4.52% 4.15% 4.08% Merck & Company, Inc. Procter & Gamble Company Johnson & Johnson Oracle Corp. Philip Morris International, Inc. TOTAL 3.76% 3.67% 3.63% 3.59% 3.41% 40.22%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Grantham, Mayo, Van Otterloo & Co. LLC The Fund is managed by a team of portfolio managers at Grantham, Mayo, Van Otterloo & Co. LLC. KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
6

10/31/11 $1,647.5 72% 417

Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Beta7 Standard deviation8 Fund Benchmark

Russell 3000 Index 0.77 13.19 16.27

Large company stocks as a group could fall out of favor with the market, causing the Fund to underperform. Value stocks may not increase in price as anticipated or may decline further in value. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 390HS 10/12

37

QFG.indb 37

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John Hancock

U.S. Global Leaders Growth Fund


SUBADVISED BY SUSTAINABLE GROWTH ADVISERS, LP Goal: Seeks long-term growth of capital. Strategy: Invests primarily in large-cap companies that the management team regards as U.S. Global Leaders, companies that typically exhibit the following characteristics: pricing power, recurring revenues and global reach.

A Domestic Equity Fund ALL DATA AS OF 9/30/12

A USGLX

B USLBX

C USLCX

I USLIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A Russell 1000 Growth Index3 S&P 500 Index3 With 5% maximum sales charge Class A 1-year 3-year 33.06% 14.94% 29.19% 14.73% 30.20% 13.20% 26.39% 12.99% 5-year 5.16% 3.24% 1.05% 4.09% 10-year 6.59% 8.41% 8.01% 6.05% Life of Fund (9/29/95) 8.40% 6.44% 7.40% 8.08%

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

HHH

(out of 1,514 Large Growth funds)

The Fund was rated 4 stars, 5 stars and 2 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

On 5/17/02, the Fund acquired all of the assets of the U.S. Global Leaders Growth Fund, the Funds predecessor, pursuant to a reorganization. Performance prior to 5/17/02 reflects the performance of the Funds predecessor. The Funds total annual operating expense ratio as of the current prospectus is 1.26%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 9/29/95 to 9/30/12

HHHH

(out of 1,514 Large Growth funds)

The Fund was rated 5 stars, 5 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 1,514, 1,311 and 867 funds for the 3-, 5and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.*

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 14.51 2003 19.24 2004 8.51 2005 2.16 2006 1.44 2007 3.67 2008 34.77 2009 44.32 2010 12.16 2011 3.85

38

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The Russell 1000 Growth Index is an unmanaged index composed of the Russell 1000 securities that have a greater-than-average growth orientation. The S&P 500 Index is an unmanaged index of 500 widely traded common stocks and is generally representative of the market for stocks of large-sized U.S. companies. It is not possible to invest directly in an index.

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11/1/2012 11:14:49 AM

ALL DATA AS OF 9/30/12

John Hancock U.S. Global Leaders Growth Fund


KEY FACTS u The management team of the subadviser, Sustainable Growth Advisers, LP, has more than 80 years of collective investment experience. u The Fund seeks to invest in multinational businesses that offer predictable and sustainable earnings growth. u The management teams buy-and-hold approach leads to low portfolio turnover, which may lead to greater tax efficiency. TEN LARGEST EQUITY HOLDINGS4 Apple, Inc. Colgate-Palmolive Company Google, Inc., Class A eBay, Inc. Ecolab, Inc. 5.00% 4.98% 4.13% 4.01% 4.01% National-Oilwell Varco, Inc. Automatic Data Processing, Inc. Monsanto Company Coca-Cola Company Yum! Brands, Inc. TOTAL SECTOR COMPOSITION4 Information Technology Health Care Consumer Staples Consumer Discretionary Materials Energy Financials Industrials WHAT YOU SHOULD KNOW BEFORE INVESTING 29.19% 15.28% 12.84% 11.82% 10.96% 6.97% 5.97% 1.96% 4.01% 4.00% 3.99% 3.95% 3.83% 41.91%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser Sustainable Growth Advisers, LP Portfolio Managers George Fraise Principal Joined Fund team in 2000 Began career in 1987 Gordon Marchand, CFA, CIC Principal Joined Fund team in 1995 Began career in 1977 Robert Rohn Principal Joined Fund team in 2003 Began career in 1983 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
5

9/29/95 $690.8 50% 29

Number of holdings RISK MEASURES VS. BENCHMARK Benchmark

Growth stocks may be subject to greater price fluctuations because their prices tend to place more emphasis on earnings expectations. Large company stocks as a group could fall out of favor with the market, causing the Fund to underperform. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. The Fund may invest its assets in a small number of issuers. Performance could suffer significantly from adverse events affecting these issuers. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Russell 1000 Growth Index Beta6 1.02 Standard deviation7 Fund Benchmark 16.78 16.07

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 260HS 10/12

39

QFG.indb 39

11/1/2012 11:14:52 AM

John Hancock

Lifestyle Aggressive Portfolio


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term growth of capital. Current income is not a consideration. Strategy: The Portfolio normally invests 100% of its assets in underlying funds that invest primarily in equity securities. The Portfolio offers instant and broad diversification with exposure to a wide range of asset classes and investment styles.

An Asset Allocation Fund ALL DATA AS OF 9/30/12

A JALAX

B JBLAX

C JCLAX

R1 JPLAX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A S&P 500 Index3 MSCI EAFE Index3 With 5% maximum sales charge Class A 1-year 3-year 5-year 22.56% 8.45% 1.56% 30.20% 13.20% 1.05% 14.33% 2.59% 4.77% 16.39% 6.60% 2.56% 10-year Life of Fund (10/18/05) 3.34% 4.99% 2.83% 2.59%

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

The Portfolios total annual operating expense ratio as of the current prospectus is 1.47%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Portfolios current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 10/18/05 to 9/30/12

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 6.444 2006 14.96 2007 8.00 2008 42.40 2009 36.04 2010 15.50 2011 7.09

40

1 The Morningstar Style Box reveals the Portfolios investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The S&P 500 Index is an unmanaged index of 500 widely traded common stocks and is generally representative of the market for stocks of large-sized U.S. companies. The MSCI EAFE Index is a free float-adjusted market-capitalization index that is designed to measure developed market equity performance, excluding the U.S. and Canada. The total return for this index is calculated gross of foreign withholding tax on dividends. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

QFG.indb 40

11/1/2012 11:14:53 AM

ALL DATA AS OF 9/30/12

John Hancock Lifestyle Aggressive Portfolio


ALLOCATION5

Q3

I 2012

PORTFOLIO MANAGEMENT

Aggressive Growth Growth Growth & Income TOTAL

36.4% 32.3% 31.3% 100.0%


8.7% 3.9% 2.8% 2.3% 2.2% 2.0% 1.7% 1.6% 1.3% 1.3% 1.2% 1.1% 1.1% 1.0% 0.6% 0.6% 0.6% 0.5% 0.5% 0.5% 0.5% 0.4% Blue Chip Growth (T. Rowe Price) Capital Appreciation (Jennison) Strategic Growth (JHAM) All Cap Core (QS Investors) Fundamental Large Cap Value (JHAM) All Cap Value (Lord Abbett) Mid Value (T. Rowe Price) Technical Opportunities (Wellington) Rainier Growth (Rainier) International Value Equity (JHAM) Small Company Value (T. Rowe Price) Small Cap Value (Wellington) Value (Invesco) Alpha Opportunities (Wellington) Capital Appreciation Value (T. Rowe Price) Equity Income (T. Rowe Price) Fundamental Value (Davis) U.S. Equity (GMO) Disciplined Value (Robeco Boston Partners) Currency Strategies (First Quadrant) Mutual Shares (Franklin Templeton) Global Absolute Return Strategies (Standard Life) Redwood (RCM) Fundamental Global Franchise (JHAM) 5.6% 4.7% 3.6% 3.0% 3.0% 2.6% 2.4% 2.2% 1.9% 1.2% 0.9% 0.6% 0.6% 5.5% 5.0% 4.4% 4.3% 3.6% 2.1% 1.9% 1.6% 1.0% 1.0% 0.9%

Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Robert Boyda Portfolio Manager since 2010 Began career in 1979 Steven Medina, CFA Portfolio Manager since 2010 Began career in 1994 Steve Orlich Portfolio Manager since 2005 Began career in 1979 PORTFOLIO SUMMARY Class A Inception Number of underlying funds Number of unique managers Total net assets (mil) 10/18/05 46 25 $3,848.8

Emerging Markets (DFA) International Value (Franklin Templeton) Mid Cap Stock (Wellington) International Core (GMO) Global Shareholder Yield (Epoch) Natural Resources (Wellington/RS Investments) Health Sciences (T. Rowe Price) International Growth Stock (Invesco) China Emerging Leaders (Atlantis) International Growth Opportunities (Baillie Gifford) Global Real Estate (DeAM) International Small Cap (Franklin Templeton) International Small Company (DFA) Small Cap Intrinsic Value (JHAM) Heritage (American Century) Small Cap Growth (Wellington) Small Cap Opportunities (DFA/Invesco) International Opportunities (Invesco) Real Estate Equity (T. Rowe Price) Small Company Growth (Invesco) Smaller Company Growth (JHAM, Frontier, Perimeter) Mid Cap Value Equity (Columbia)

WHAT YOU SHOULD KNOW BEFORE INVESTING

The Portfolios performance depends on the Advisers skill in determining the strategic asset class allocations, the mix of underlying funds and the performance of those underlying funds. The underlying funds performance may be lower than the performance of the asset class which they were selected to represent. The Portfolio is subject to the same risks as the underlying funds in which it invests, which include the following: stocks and bonds can decline due to adverse issuer, market, regulatory or economic developments; foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability; and the securities of small-capitalization companies are subject to higher volatility than larger, more established companies; high-yield bonds are subject to additional risks, such as increased risk of default. For additional information on these and other risk considerations, please see the Portfolios prospectus.
A portfolios investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Portfolio. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

RISK MEASURES VS. BENCHMARK Benchmark S&P 500 Index Beta6 Standard deviation7 Fund Benchmark 17.35 15.58 1.10

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Portfolio. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 Source: Morningstar, Inc. Beta is the market risk of the Portfolios Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 960HS 10/12

41

QFG.indb 41

11/1/2012 11:15:02 AM

John Hancock

Lifestyle Balanced Portfolio


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital. Strategy: The Portfolio normally invests 60% of its assets in underlying funds that invest primarily in equity securities and 40% in underlying funds that invest primarily in fixedincome securities. The Portfolio offers instant diversification with exposure to multiple asset classes and styles.
An Asset Allocation Fund ALL DATA AS OF 9/30/12 A JALBX B JBLBX C JCLBX R1 JPLBX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge 1-year 3-year Class A 18.50% 8.71% S&P 500 Index3 30.20% 13.20% Barclays Capital U.S. Aggregate Bond Index3 5.16% 6.19% Custom benchmark3 With 5% maximum sales charge Class A 19.87% 10.71% 12.58% 6.86% 5-year 1.94% 1.05% 6.53% 3.67% 0.89% 10-year Life of Fund (10/18/05) 4.78% 4.99% 6.04% 5.80% 4.01%

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

The Portfolios total annual operating expense ratio as of the current prospectus is 1.36%. This figure is based on estimated expenses of the underlying funds in the Portfolio. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Portfolios current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 10/18/05 to 9/30/12

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 4.314 2006 12.16 2007 5.90 2008 31.63 2009 32.87 2010 13.13 2011 2.62

42

1 The Morningstar Style Box reveals the Portfolios investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The S&P 500 Index is composed of 500 widely held common stocks. The Barclays Capital U.S. Aggregate Bond Index includes U.S. government, corporate and mortgage-backed securities with maturities up to 30 years. These indexes are the Portfolios primary benchmarks. However, a custom benchmark which consists of 60% S&P 500 Index and 40% Barclays Capital U.S. Aggregate Bond Index is also shown to reflect the Portfolios asset allocation under normal conditions. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

QFG.indb 42

11/1/2012 11:15:04 AM

ALL DATA AS OF 9/30/12

John Hancock Lifestyle Balanced Portfolio


ALLOCATION5

Q3

I 2012

PORTFOLIO MANAGEMENT

Aggressive Growth Growth Growth & Income Income TOTAL

21.7% 18.8% 23.1% 36.4% 100.0%


4.4% 2.3% 2.2% 1.4% 1.4% 1.3% 1.3% 1.2% 1.1% 0.8% 0.7% 0.5% 0.5% 0.5% 0.5% 0.3% 0.3% 0.3% 0.2% 0.2% 0.2% 0.1% 3.5% 3.0% 2.3% 1.9% 1.6% 1.3% 1.2% Rainier Growth (Rainier) Technical Opportunities (Wellington) International Value Equity (JHAM) Small Company Value (T. Rowe Price) Small Cap Value (Wellington) Value (Invesco) Capital Appreciation Value (T. Rowe Price) U.S. Equity (GMO) Equity Income (T. Rowe Price) Alpha Opportunities (Wellington) Currency Strategies (First Quadrant) Fundamental Value (Davis) Disciplined Value (Robeco Boston Partners) Global Absolute Return Strategies (Standard Life) Mutual Shares (Franklin Templeton) Redwood (RCM) Fundamental Global Franchise (JHAM) Floating Rate Income (WAMCO) Active Bond (Declaration/JHAM) Total Return Bond (PIMCO) Strategic Income Opportunities (JHAM) Multi-Sector Bond (Stone Harbor) Spectrum Income (T. Rowe Price) Global Bond (PIMCO) Core Bond (Wells Capital) High Yield Bond (WAMCO) U.S. High Yield Bond (Wells Capital) Real Return Bond (PIMCO) Global High Yield (Stone Harbor) High Income (JHAM) Investment Quality Bond (Wellington) 1.2% 1.0% 0.7% 0.5% 0.3% 0.3% 4.5% 3.7% 2.8% 2.5% 2.2% 2.0% 1.3% 1.2% 1.0% 1.0% 0.9% 5.6% 4.1% 4.1% 3.9% 3.5% 3.5% 2.0% 1.7% 1.6% 1.6% 1.5% 1.3% 1.3% 0.7%

Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Robert Boyda Portfolio Manager since 2010 Began career in 1979 Steven Medina, CFA Portfolio Manager since 2010 Began career in 1994 Steve Orlich Portfolio Manager since 2005 Began career in 1979 PORTFOLIO SUMMARY Class A Inception Number of underlying funds Number of unique managers Total net assets (mil) 10/18/05 60 30 $1,823.8

Emerging Markets (DFA) International Value (Franklin Templeton) Global Shareholder Yield (Epoch) Mid Cap Stock (Wellington) Natural Resources (Wellington/RS Investments) Health Sciences (T. Rowe Price) International Core (GMO) Global Real Estate (DeAM) International Growth Stock (Invesco) International Growth Opportunities (Baillie Gifford) China Emerging Leaders (Atlantis) International Small Cap (Franklin Templeton) International Small Company (DFA) Real Estate Equity (T. Rowe Price) Small Cap Intrinsic Value (JHAM) Heritage (American Century) Small Cap Growth (Wellington) Small Cap Opportunities (DFA / Invesco) Mid Cap Value Equity (Columbia) Small Company Growth (Invesco) Smaller Company Growth (JHAM, Frontier, Perimeter) International Opportunities (Invesco) Blue Chip Growth (T. Rowe Price) Capital Appreciation (Jennison) Strategic Growth (JHAM) Fundamental Large Cap Value (JHAM) All Cap Value (Lord Abbett) Mid Value (T. Rowe Price) All Cap Core (QS Investors)

RISK MEASURES VS. BENCHMARK Benchmark S&P 500 Index Beta6 Standard deviation7 Fund Benchmark 11.21 15.58 0.70

WHAT YOU SHOULD KNOW BEFORE INVESTING

The Portfolios performance depends on the Advisers skill in determining the strategic asset class allocations, the mix of underlying funds and the performance of those underlying funds. The underlying funds performance may be lower than the performance of the asset class which they were selected to represent. The Portfolio is subject to the same risks as the underlying funds in which it invests, which include the following: stocks and bonds can decline due to adverse issuer, market, regulatory or economic developments; foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability; and the securities of small-capitalization companies are subject to higher volatility than larger, more established companies; high-yield bonds are subject to additional risks, such as increased risk of default. For additional information on these and other risk considerations, please see the Portfolios prospectus.
A portfolios investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Portfolio. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Portfolio. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 Source: Morningstar, Inc. Beta is the market risk of the Portfolios Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 070HS 10/12

43

QFG.indb 43

11/1/2012 11:15:15 AM

John Hancock

Lifestyle Conservative Portfolio


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a balance between a high level of current income and growth of capital, with a greater emphasis on income. Strategy: The Portfolio normally invests 20% of its assets in underlying funds that invest primarily in equity securities and 80% in underlying funds that invest primarily in fixedincome securities. The Portfolio offers instant diversification with exposure to multiple asset classes and styles.
An Asset Allocation Fund ALL DATA AS OF 9/30/12 A JALRX B JBLCX C JCLCX R1 JPLCX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge 1-year 3-year Class A 12.58% 7.98% Barclays Capital U.S. Aggregate Bond Index3 5.16% 6.19% S&P 500 Index3 30.20% 13.20% Custom benchmark3 With 5% maximum sales charge Class A 9.95% 6.97% 7.79% 6.14% 5-year 5.06% 6.53% 1.05% 5.72% 3.99% 10-year Life of Fund (10/18/05) 5.65% 6.04% 4.99% 6.08% 4.87%

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

HHHH
(out of 561 Conservative Allocation funds)

The Fund was rated 3 stars and 4 stars for the 3- and 5-year periods, respectively. Load-waived rating

The Portfolios total annual operating expense ratio as of the current prospectus is 1.29%. This figure is based on estimated expenses of the underlying funds in the Portfolio. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Portfolios current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 10/18/05 to 9/30/12

HHHH

(out of 561 Conservative Allocation funds)

The Fund was rated 3 stars and 5 stars for the 3- and 5-year periods, respectively. Overall rating is based on 3- and 5-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 561 and 474 funds for the 3- and 5-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.*

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 1.914 2006 7.81 2007 4.89 2008 15.41 2009 22.53 2010 9.96 2011 2.75

44

1 The Morningstar Style Box reveals the Portfolios investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The S&P 500 Index is composed of 500 widely held common stocks. The Barclays Capital U.S. Aggregate Bond Index includes U.S. government, corporate and mortgage-backed securities with maturities up to 30 years. These indexes are the Portfolios primary benchmarks. However, a custom benchmark which consists of 20% S&P 500 Index and 80% Barclays Capital U.S. Aggregate Bond Index is also shown to reflect the Portfolios asset allocation under normal conditions. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

QFG.indb 44

11/1/2012 11:15:16 AM

ALL DATA AS OF 9/30/12

John Hancock Lifestyle Conservative Portfolio


ALLOCATION5

Q3

I 2012

PORTFOLIO MANAGEMENT

Aggressive Growth Growth Growth & Income Income TOTAL


Global Shareholder Yield (Epoch) Emerging Markets (DFA) International Value (Franklin Templeton) Global Real Estate (DeAM) International Core (GMO) International Growth Stock (Invesco) Natural Resources (Wellington/RS Investments) Real Estate Equity (T. Rowe Price) Mid Cap Stock (Wellington) Small Cap Growth (Wellington) Blue Chip Growth (T. Rowe Price) Mid Value (T. Rowe Price) All Cap Value (Lord Abbett) Fundamental Large Cap Value (JHAM) Small Company Value (T. Rowe Price) Currency Strategies (First Quadrant) Capital Appreciation Value (T. Rowe Price) Equity Income (T. Rowe Price) U.S. Equity (GMO)

6.5% 3.9% 13.4% 76.2% 100.0%


1.2% 1.0% 1.0% 0.7% 0.5% 0.5% 0.5% 0.5% 0.4% 0.2% 2.9% 0.4% 0.2% 0.2% 0.2% 2.5% 2.3% 2.2% 2.0% Global Absolute Return Strategies (Standard Life) Fundamental Value (Davis) Redwood (RCM) Fundamental Global Franchise (JHAM) Active Bond (Declaration/JHAM) Total Return Bond (PIMCO) Floating Rate Income (WAMCO) Strategic Income Opportunities (JHAM) Core Bond (Wells Capital) Investment Quality Bond (Wellington) Multi-Sector Bond (Stone Harbor) Spectrum Income (T. Rowe Price) Global Bond (PIMCO) Short-Term Government Income (JHAM) Real Return Bond (PIMCO) High Yield Bond (WAMCO) U.S. High Yield Bond (Wells Capital) Global High Yield (Stone Harbor) High Income (JHAM) 1.5% 1.4% 1.0% 0.5% 10.3% 10.3% 10.0% 5.7% 5.3% 5.3% 4.9% 4.9% 4.0% 4.0% 3.5% 2.2% 2.2% 1.8% 1.8%

Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Robert Boyda Portfolio Manager since 2010 Began career in 1979 Steven Medina, CFA Portfolio Manager since 2010 Began career in 1994 Steve Orlich Portfolio Manager since 2005 Began career in 1979 PORTFOLIO SUMMARY Class A Inception Number of underlying funds Number of unique managers Total net assets (mil) 10/18/05 38 20 $3,768.8

WHAT YOU SHOULD KNOW BEFORE INVESTING

The Portfolios performance depends on the Advisers skill in determining the strategic asset class allocations, the mix of underlying funds and the performance of those underlying funds. The underlying funds performance may be lower than the performance of the asset class which they were selected to represent. The Portfolio is subject to the same risks as the underlying funds in which it invests, which include the following: stocks and bonds can decline due to adverse issuer, market, regulatory or economic developments; foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability; and the securities of small-capitalization companies are subject to higher volatility than larger, more established companies; high-yield bonds are subject to additional risks, such as increased risk of default. For additional information on these and other risk considerations, please see the Portfolios prospectus.
A portfolios investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Portfolio. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

RISK MEASURES VS. BENCHMARK Benchmark Barclays Capital U.S. Aggregate Bond Index Beta6 Standard deviation7 Fund Benchmark 5.13 2.70 0.10

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Portfolio. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 Source: Morningstar, Inc. Beta is the market risk of the Portfolios Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 980HS 10/12

45

QFG.indb 45

11/1/2012 11:15:26 AM

John Hancock

Lifestyle Growth Portfolio


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term growth of capital. Current income is also a consideration. Strategy: The Portfolio normally invests 80% of its assets in underlying funds that invest primarily in equity securities and 20% in underlying funds that invest primarily in fixedincome securities. The Portfolio offers instant diversification with exposure to multiple asset classes and styles.
An Asset Allocation Fund ALL DATA AS OF 9/30/12 A JALGX B JBLGX C JCLGX R1 JPLGX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge 1-year 3-year Class A 21.13% 8.71% S&P 500 Index3 30.20% 13.20% Barclays Capital U.S. Aggregate Bond Index3 5.16% 6.19% Custom benchmark3 With 5% maximum sales charge Class A 24.98% 12.01% 15.05% 6.87% 5-year 0.36% 1.05% 6.53% 2.43% 0.67% 10-year Life of Fund (10/18/05) 4.11% 4.99% 6.04% 5.47% 3.34%

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

The Portfolios total annual operating expense ratio as of the current prospectus is 1.44%. This figure is based on estimated expenses of the underlying funds in the Portfolio. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Portfolios current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 10/18/05 to 9/30/12

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 5.284 2006 13.02 2007 6.96 2008 36.89 2009 34.54 2010 14.77 2011 5.30

46

1 The Morningstar Style Box reveals the Portfolios investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The S&P 500 Index is composed of 500 widely held common stocks. The Barclays Capital U.S. Aggregate Bond Index includes U.S. government, corporate and mortgage-backed securities with maturities up to 30 years. These indexes are the Portfolios primary benchmarks. However, a custom benchmark which consists of 80% S&P 500 Index and 20% Barclays Capital U.S. Aggregate Bond Index is also shown to reflect the Portfolios asset allocation under normal conditions. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

QFG.indb 46

11/1/2012 11:15:27 AM

ALL DATA AS OF 9/30/12

John Hancock Lifestyle Growth Portfolio


ALLOCATION5

Q3

I 2012

PORTFOLIO MANAGEMENT

Aggressive Growth Growth Growth & Income Income TOTAL

28.5% 27.0% 29.1% 15.4% 100.0%


6.5% 3.0% 2.4% 2.3% 1.7% 1.5% 1.5% 1.2% 1.2% 1.0% 1.0% 0.8% 0.7% 0.7% 0.5% 0.5% 0.4% 0.4% 0.3% 0.3% 0.3% 0.3% 4.8% 4.1% 3.1% 2.6% 2.3% 2.2% Mid Value (T. Rowe Price) Technical Opportunities (Wellington) Rainier Growth (Rainier) International Value Equity (JHAM) Small Company Value (T. Rowe Price) Value (Invesco) Small Cap Value (Wellington) Capital Appreciation Value (T. Rowe Price) Alpha Opportunities (Wellington) U.S. Equity (GMO) Equity Income (T. Rowe Price) Fundamental Value (Davis) Currency Strategies (First Quadrant) Disciplined Value (Robeco Boston Partners) Mutual Shares (Franklin Templeton) Fundamental Global Franchise (JHAM) Global Absolute Return Strategies (Standard Life) Redwood (RCM) Floating Rate Income (WAMCO) Strategic Income Opportunities (JHAM) Active Bond (Declaration/JHAM) Total Return Bond (PIMCO) Multi-Sector Bond (Stone Harbor) Spectrum Income (T. Rowe Price) High Yield Bond (WAMCO) U.S. High Yield Bond (Wells Capital) High Income (JHAM) Global High Yield (Stone Harbor) Global Bond (PIMCO) Real Return Bond (PIMCO) 2.0% 1.9% 1.6% 0.9% 0.6% 0.5% 0.4% 5.7% 4.3% 4.0% 3.8% 3.3% 1.9% 1.8% 1.3% 1.0% 1.0% 1.0% 2.7% 1.9% 1.6% 1.6% 1.4% 1.4% 1.0% 1.0% 0.9% 0.8% 0.6% 0.5%

Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Robert Boyda Portfolio Manager since 2010 Began career in 1979 Steven Medina, CFA Portfolio Manager since 2010 Began career in 1994 Steve Orlich Portfolio Manager since 2005 Began career in 1979 PORTFOLIO SUMMARY Class A Inception Number of underlying funds Number of unique managers Total net assets (mil) 10/18/05 58 30 $1,532.7

Emerging Markets (DFA) International Value (Franklin Templeton) Global Shareholder Yield (Epoch) Mid Cap Stock (Wellington) International Core (GMO) Health Sciences (T. Rowe Price) Natural Resources (Wellington/RS Investments) Global Real Estate (DeAM) International Growth Stock (Invesco) China Emerging Leaders (Atlantis) International Growth Opportunities (Baillie Gifford) International Small Company (DFA) International Small Cap (Franklin Templeton) Small Cap Intrinsic Value (JHAM) Heritage (American Century) Real Estate Equity (T. Rowe Price) Small Cap Growth (Wellington) Small Cap Opportunities (DFA / Invesco) International Opportunities (Invesco) Mid Cap Value Equity (Columbia) Small Company Growth (Invesco) Smaller Company Growth (JHAM, Frontier, Perimeter) Blue Chip Growth (T. Rowe Price) Capital Appreciation (Jennison) Strategic Growth (JHAM) Fundamental Large Cap Value (JHAM) All Cap Core (QS Investors) All Cap Value (Lord Abbett)

RISK MEASURES VS. BENCHMARK Benchmark S&P 500 Index Beta6 Standard deviation7 Fund Benchmark 14.41 15.58 0.91

WHAT YOU SHOULD KNOW BEFORE INVESTING

The Portfolios performance depends on the Advisers skill in determining the strategic asset class allocations, the mix of underlying funds and the performance of those underlying funds. The underlying funds performance may be lower than the performance of the asset class which they were selected to represent. The Portfolio is subject to the same risks as the underlying funds in which it invests, which include the following: stocks and bonds can decline due to adverse issuer, market, regulatory or economic developments; foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability; and the securities of small-capitalization companies are subject to higher volatility than larger, more established companies; high-yield bonds are subject to additional risks, such as increased risk of default. For additional information on these and other risk considerations, please see the Portfolios prospectus.
A portfolios investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Portfolio. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Portfolio. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 Source: Morningstar, Inc. Beta is the market risk of the Portfolios Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 040HS 10/12

47

QFG.indb 47

11/1/2012 11:15:41 AM

John Hancock

Lifestyle Moderate Portfolio


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a balance between a high level of current income and growth of capital, with a greater emphasis on income. Strategy: The Portfolio normally invests 40% of its assets in underlying funds that invest primarily in equity securities and 60% in underlying funds that invest primarily in fixedincome securities. The Portfolio offers instant diversification with exposure to multiple asset classes and styles.
An Asset Allocation Fund ALL DATA AS OF 9/30/12 A JALMX B JBLMX C JCLMX R1 JPLMX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge 1-year 3-year Class A 15.40% 8.74% Barclays Capital U.S. Aggregate Bond Index3 5.16% 6.19% S&P 500 Index3 30.20% 13.20% Custom benchmark3 With 5% maximum sales charge Class A 14.86% 9.62% 9.30% 6.89% 5-year 3.74% 6.53% 1.05% 4.77% 2.68% 10-year Life of Fund (10/18/05) 5.32% 6.04% 4.99% 6.00% 4.54%

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

The Portfolios total annual operating expense ratio as of the current prospectus is 1.36%. This figure is based on estimated expenses of the underlying funds in the Portfolio. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Portfolios current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 10/18/05 to 9/30/12

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 3.174 2006 9.80 2007 4.78 2008 23.88 2009 27.88 2010 11.85 2011 0.73

48

1 The Morningstar Style Box reveals the Portfolios investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The S&P 500 Index is composed of 500 widely held common stocks. The Barclays Capital U.S. Aggregate Bond Index includes U.S. government, corporate and mortgage-backed securities with maturities up to 30 years. These indexes are the Portfolios primary benchmarks. However, a custom benchmark which consists of 40% S&P 500 Index and 60% Barclays Capital U.S. Aggregate Bond Index is also shown to reflect the Portfolios asset allocation under normal conditions. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

QFG.indb 48

11/1/2012 11:15:43 AM

ALL DATA AS OF 9/30/12

John Hancock Lifestyle Moderate Portfolio


ALLOCATION5

Q3

I 2012

PORTFOLIO MANAGEMENT

Aggressive Growth Growth Growth & Income Income TOTAL

12.8% 12.5% 17.9% 56.8% 100.0%


2.5% 1.8% 1.5% 1.1% 1.0% 1.0% 0.9% 0.8% 0.5% 0.5% 0.3% 0.3% 0.2% 0.2% 0.2% 2.5% 2.1% 1.8% 1.6% 1.5% 1.1% 0.8% 0.4% Small Company Value (T. Rowe Price) Small Cap Value (Wellington) Capital Appreciation Value (T. Rowe Price) U.S. Equity (GMO) Equity Income (T. Rowe Price) Currency Strategies (First Quadrant) Alpha Opportunities (Wellington) Fundamental Value (Davis) Global Absolute Return Strategies (Standard Life) Redwood (RCM) Fundamental Global Franchise (JHAM) Floating Rate Income (WAMCO) Active Bond (Declaration/JHAM) Total Return Bond (PIMCO) Strategic Income Opportunities (JHAM) Multi-Sector Bond (Stone Harbor) Spectrum Income (T. Rowe Price) Core Bond (Wells Capital) Global Bond (PIMCO) High Yield Bond (WAMCO) Investment Quality Bond (Wellington) U.S. High Yield Bond (Wells Capital) Real Return Bond (PIMCO) Global High Yield (Stone Harbor) High Income (JHAM) 0.4% 0.3% 3.7% 2.9% 2.7% 2.4% 1.7% 1.5% 1.3% 1.0% 0.7% 8.4% 8.2% 8.2% 5.0% 4.3% 4.3% 3.6% 3.0% 2.2% 2.1% 2.1% 2.0% 1.7% 1.7%

Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Robert Boyda Portfolio Manager since 2010 Began career in 1979 Steven Medina, CFA Portfolio Manager since 2010 Began career in 1994 Steve Orlich Portfolio Manager since 2005 Began career in 1979 PORTFOLIO SUMMARY Class A Inception Number of underlying funds Number of unique managers Total net assets (mil) 10/18/05 48 25 $4,150.5

Emerging Markets (DFA) Global Shareholder Yield (Epoch) International Value (Franklin Templeton) Mid Cap Stock (Wellington) Global Real Estate (DeAM) Natural Resources (Wellington/RS Investments) International Core (GMO) International Growth Stock (Invesco) International Growth Opportunities (Baillie Gifford) Real Estate Equity (T. Rowe Price) International Small Cap (Franklin Templeton) International Small Company (DFA) Small Cap Growth (Wellington) Small Company Growth (Invesco) Smaller Company Growth (JHAM, Frontier, Perimeter) Blue Chip Growth (T. Rowe Price) Capital Appreciation (Jennison) Fundamental Large Cap Value (JHAM) Strategic Growth (JHAM) All Cap Value (Lord Abbett) Mid Value (T. Rowe Price) Rainier Growth (Rainier) International Value Equity (JHAM)

WHAT YOU SHOULD KNOW BEFORE INVESTING

RISK MEASURES VS. BENCHMARK Benchmark Barclays Capital U.S. Aggregate Bond Index Beta6 Standard deviation7 Fund Benchmark 7.89 2.70 0.72

The Portfolios performance depends on the Advisers skill in determining the strategic asset class allocations, the mix of underlying funds and the performance of those underlying funds. The underlying funds performance may be lower than the performance of the asset class which they were selected to represent. The Portfolio is subject to the same risks as the underlying funds in which it invests, which include the following: stocks and bonds can decline due to adverse issuer, market, regulatory or economic developments; foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability; and the securities of small-capitalization companies are subject to higher volatility than larger, more established companies; high-yield bonds are subject to additional risks, such as increased risk of default. For additional information on these and other risk considerations, please see the Portfolios prospectus.
A portfolios investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Portfolio. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Portfolio. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 Source: Morningstar, Inc. Beta is the market risk of the Portfolios Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 970HS 10/12

49

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John Hancock

Emerging Markets Fund


SUBADVISED BY DIMENSIONAL FUND ADVISORS LP Goal: Seeks long-term capital appreciation. Strategy: Invests in primarily emerging-market equity securities with an increased exposure to small-cap companies and value securities. The management team takes an academic and quantitative approach in positioning the portfolio holdings.

A Global/International Equity Fund ALL DATA AS OF 9/30/12

A JEVAX

I JEVIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A MSCI Emerging Markets Index3
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 16.24% 17.33% 11.07%

3-year 3.61% 5.96% 2.03%

5-year 0.24% 0.98% 1.16%

10-year

Life of Fund (5/1/07) 2.88% 3.40% 2.01%

MARKET CAP

With 5% maximum sales charge Class A 5/1/07 is the inception date for the oldest class of shares, NAV shares. Class A shares were first offered on 3/31/11; returns prior to this date are those of Class NAV shares that have been recalculated to apply the gross fees and expenses of Class A. The Funds total annual operating expense ratio as of the current prospectus is 1.64%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 5/1/07 to 9/30/12

Q3

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 2007 18.874 2008 51.62 2009 97.51 2010 23.00 2011 25.42

50

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The MSCI Emerging Markets Index is a free float-adjusted market-capitalization index that is designed to measure equity market performance of emerging markets. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

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11/1/2012 11:15:57 AM

ALL DATA AS OF 9/30/12

John Hancock Emerging Markets Fund


KEY FACTS u Dimensional Fund Advisors is an independent global investment firm with over 30 years of experience. Their expertise in emerging markets has made them an industry leader in this asset class. u Dimensional Fund Advisors investment philosophy is based on rigorous academic research and a unique process-driven quantitative strategy. u The Fund offers investors the opportunity to diversify their portfolios and take advantage of economic progress across the globe. TEN LARGEST EQUITY HOLDINGS5 Samsung Electronics Company, Ltd. Petroleo Brasileiro SA, ADR Gazprom OAO, ADR - London Exchange Hyundai Motor Company ICICI Bank, Ltd., ADR 1.71% 1.44% 1.42% 1.25% 1.12% Vale SA, ADR Taiwan Semiconductor Manufacturing Lukoil OAO, ADR Reliance Industries, Ltd. China Mobile, Ltd., ADR TOTAL 0.86% 0.76% 0.76% 0.75% 0.70% 10.77%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Dimensional Fund Advisors LP The Fund is managed by a team of portfolio managers at Dimensional Fund Advisors LP KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings RISK MEASURES VS. BENCHMARK South Korea Brazil Taiwan China India South Africa Mexico Malaysia Indonesia Russia 15.32% 13.60% 13.23% 13.10% 8.45% 8.03% 5.38% 4.00% 3.34% 3.33% Benchmark MSCI Emerging Markets Index Beta7 Standard deviation8 Fund Benchmark 23.55 21.83 1.06 3/31/11 $2,359.7 11% 3,190

TEN LARGEST COUNTRIES5

WHAT YOU SHOULD KNOW BEFORE INVESTING

The risks of investing in foreign securities are greater for investments in emerging markets. Emerging-market countries may experience higher inflation, interest rates and unemployment, as well as greater social, economic, regulatory and political uncertainties than more developed countries. Value stocks may not increase in price as anticipated or may decline further in value. The prices of medium- and small-company stocks can change more frequently and dramatically than those of large-company stocks. If the Fund invests in illiquid securities, it may be difficult to sell them at a price approximating their value. Currency transactions are impacted by fluctuations in exchange rates, which may adversely affect the U.S. dollar value of a funds investments. The use of hedging and derivatives transactions could produce disproportionate gains or losses and increase volatility and costs. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 368HS 10/12

51

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John Hancock

Global Opportunities Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: Invests in a diversified portfolio consisting primarily of global equity securities (U.S. and foreign) of any size. The management team seeks companies that are selling at what appear to be substantial discounts to their long-term intrinsic values.

A Global/International Equity Fund ALL DATA AS OF 9/30/12

A JGPAX

B JGPBX

C JGPCX

I JGPIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A S&P Global BMI Index3
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 15.72% 21.62% 9.93%

3-year 2.62% 8.04% 0.88%

5-year 0.86% 1.24% 0.17%

10-year

Life of Fund (2/28/05) 8.93% 4.97% 8.20%

MARKET CAP

With 5% maximum sales charge Class A The Funds total annual operating expense ratio as of the current prospectus is 1.47%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 2/28/05 to 9/30/12

Q3

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 18.854 2006 23.38 2007 33.05 2008 50.91 2009 93.03 2010 30.77 2011 31.89

52

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The S&P Global BMI Index covers both developed and emerging economies and includes over 10,000 companies in more than 53 countries. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

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11/1/2012 11:16:02 AM

ALL DATA AS OF 9/30/12

John Hancock Global Opportunities Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The management team looks for companies that have identifiable catalysts for growth, such as asset plays, new products or business restructurings. u The Fund offers the opportunity to help diversify your portfolio among companies of different sizes, countries and industries. TEN LARGEST EQUITY HOLDINGS5 Reliance Capital, Ltd. Mediaset SpA LinkedIn Corp., Class A Africa Oil Corp. OGX Petroleo e Gas Participacoes SA 4.46% 4.25% 4.11% 3.96% 3.95% Warren Resources, Inc. BHG SA Reliance Infrastructure, Ltd. Unilever PLC, ADR Karnalyte Resources, Inc. TOTAL 3.53% 3.52% 3.31% 3.22% 3.09% 37.40%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Christopher Arbuthnot, CFA Senior Portfolio Manager Joined Fund team in 2008 Began career in 1998 Timothy Malloy Senior Portfolio Manager Managed Fund since it began in 2005 Began career in 1993 Roger Hamilton Senior Portfolio Manager Joined Fund team in 2008 Began career in 1979 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark S&P Global BMI Index Beta7 Standard deviation8 Fund Benchmark 24.57 17.76 1.24 2/28/05 $645.5 136% 64

TEN LARGEST COUNTRIES5 United States Canada India Brazil Italy France United Kingdom Egypt Switzerland Japan WHAT YOU SHOULD KNOW BEFORE INVESTING 28.70% 19.33% 11.30% 10.10% 6.62% 5.23% 3.22% 3.21% 2.16% 2.14%

Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Value stocks may not increase in price as anticipated or may decline further in value. Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Frequently trading securities may increase transaction costs (thus lowering performance) and taxable distributions. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 690HS 10/12

53

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John Hancock

Global Shareholder Yield Fund


SUBADVISED BY EPOCH INVESTMENT PARTNERS, INC. Goal: Seeks to provide a high level of income. Capital appreciation is a secondary investment objective. Strategy: Invests in a diversified portfolio of companies with a focus on high shareholder yield. Shareholder yield refers to the financial impact on shareholders from the return of free cash flow through 1) cash dividends, 2) stock repurchases and 3) debt reduction.
A Global/International Equity Fund ALL DATA AS OF 9/30/12 A JGYAX B JGYBX C JGYCX I JGYIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A MSCI World Index3
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 3-year 5-year 17.48% 11.19% 1.50% 22.32% 8.07% 1.58% 11.59% 9.32% 0.46%

10-year

Life of Fund (3/1/07) 2.97% 0.51% 2.02%

MARKET CAP

With 5% maximum sales charge Class A The Funds net annual operating expense ratio as of the current prospectus is 1.42%. The gross annual operating expense ratio of 1.47% is reduced due to a contractual expense reimbursement, which is in effect until at least 6/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 3/1/07 to 9/30/12

Q3

VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

HHHHH
(out of 740 World Stock funds)

The Fund was rated 4 stars and 5 stars for the 3- and 5-year periods, respectively. Load-waived rating

HHHHH
(out of 740 World Stock funds)

The Fund was rated 5 stars for the 3and 5-year periods. Overall rating is based on 3- and 5-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 740 and 529 funds for the 3- and 5-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.*

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 2007 7.234 2008 30.49 2009 22.98 2010 11.82 2011 5.33

54

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 MSCI World Index is a free float-adjusted market-capitalization weighted index that is designed to measure the equity market performance of developed markets. The total return for this index is calculated gross of foreign withholding tax on dividends. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

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ALL DATA AS OF 9/30/12

John Hancock Global Shareholder Yield Fund


KEY FACTS u Epoch Investment Partners, Inc., a New York City-based institutional asset manager, was founded on an investment principle based on free cash flow and its intelligent application to create shareholder value. u Management seeks to create a globally diversified equity portfolio that has a history of attractive dividend yields and positive growth in free cash flow. u The Fund offers the opportunity to help diversify your portfolio among companies of all different sizes, countries and industries. TEN LARGEST EQUITY HOLDINGS5 BCE, Inc. Vodafone Group PLC Pearson PLC Swisscom AG Verizon Communications, Inc. 2.00% 1.88% 1.78% 1.70% 1.66% Nestle SA Kimberly-Clark Corp. Altria Group, Inc. National Grid PLC Duke Energy Corp. TOTAL 1.64% 1.64% 1.63% 1.61% 1.60% 17.14%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Epoch Investment Partners, Inc. Portfolio Managers William Priest, CFA, CPA Co-Chief Investment Officer Managed Fund since it began in 2007 Began career in 1965 Eric Sappenfield Managing Director Managed Fund since it began in 2007 Began career in 1986 Michael Welhoelter, CFA Managing Director Managed Fund since it began in 2007 Began career in 1986 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings SEC 30-day yield RISK MEASURES VS. BENCHMARK Benchmark MSCI World Index Beta
7

TEN LARGEST COUNTRIES5 United States United Kingdom Germany France Switzerland Canada Belgium Australia Italy Taiwan WHAT YOU SHOULD KNOW BEFORE INVESTING 48.64% 19.99% 6.19% 6.13% 5.35% 3.84% 1.51% 1.29% 0.92% 0.74%

3/1/07 $1,759.7 19% 102 2.69%

Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. If the Fund invests in illiquid securities, it may be difficult to sell them at a price approximating their value. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment decline. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

0.76 13.70 17.11

Standard deviation8 Fund Benchmark

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 320HS 10/12

55

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John Hancock

Greater China Opportunities Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: Invests primarily in equity securities of companies located in China, Hong Kong or Taiwan. The management team continually assesses the macro environment to identify the opportunities and manage the potential risks associated with investing in Greater China countries.
A Global/International Equity Fund ALL DATA AS OF 9/30/12 A JCOAX B JCOBX C JCOCX I JCOIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A MSCI Golden Dragon Index3
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 15.74% 19.51% 9.95%

3-year 1.27% 4.39%

5-year 7.34% 2.69%

10-year

Life of Fund (6/9/05) 9.78% 8.92% 9.01%

MARKET CAP

With 5% maximum sales charge Class A 0.45% 8.29% The Funds total annual operating expense ratio as of the current prospectus is 1.67%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 6/9/05 to 9/30/12

Q3

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 10.964 2006 70.34 2007 48.11 2008 52.87 2009 58.38 2010 11.51 2011 22.91

56

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The MSCI Golden Dragon Index is a free float-adjusted market-capitalization index that is designed to measure equity market performance in the China region. The MSCI Golden Dragon Index consists of the following indexes: China, Hong Kong and Taiwan. The total return for this index is calculated gross of foreign withholding tax on dividends. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

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11/1/2012 11:16:11 AM

ALL DATA AS OF 9/30/12

John Hancock Greater China Opportunities Fund


KEY FACTS u The Funds subadviser, John Hancock Asset Management, has over 100 years of operating experience in Hong Kong and Asia. u China is not only the worlds largest country by population, but it is also the worlds second largest country based on GDP purchasing power, offering significant growth potential. u The Hong Kong-based management team is supported by a team of over 50 professionals located in seven regional offices across Asia. TEN LARGEST EQUITY HOLDINGS5 Taiwan Semiconductor Manufacturing MediaTek, Inc. Industrial & Commercial Bank of China China Resources Land, Ltd. China Construction Bank Corp. 6.04% 3.53% 3.47% 3.20% 3.17% AIA Group, Ltd. HON HAI Precision Industry Company China Shenhua Energy Company, Ltd. Kerry Properties Ltd. New World Development, Ltd. TOTAL 3.09% 2.63% 2.47% 2.43% 2.34% 32.37%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Kai-Kong Chay, CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1997 Terrace Pak Hing Chum, MBA, CFA, CAIA Portfolio Manager Managed Fund since 2008 Began career in 1994 Ronald Chan, CFA Senior Portfolio Manager Joined Fund team in 2011 Began career in 1995 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark MSCI Golden Dragon Index Beta7 Standard deviation8 Fund Benchmark 21.06 20.34 0.97 6/9/05 $65.8 145% 68

SECTOR COMPOSITION5 Financials Information Technology Energy Consumer Discretionary Telecommunication Services Industrials Materials Utilities Consumer Staples Health Care WHAT YOU SHOULD KNOW BEFORE INVESTING 33.28% 21.65% 9.37% 8.70% 7.44% 6.89% 3.99% 3.97% 3.11% 0.93%

Foreign investing, especially in emerging markets, has additional risks such as currency and market volatility and political and social instability. Investments in the Greater China region are subject to special risks, such as less developed or less efficient trading markets, restrictions on monetary repatriation and possible seizure, nationalization or expropriation of assets. The Fund may invest in IPOs, which are frequently volatile in price and may lead to increased portfolio turnover. The prices of medium and small company stocks can change more frequently and dramatically than those of large company stocks. The Fund may invest its assets in a small number of issuers. Performance could suffer significantly from adverse events affecting these issuers. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 080HS 10/12

57

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11/1/2012 11:16:16 AM

John Hancock

International Allocation Portfolio


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term growth of capital. Strategy: This fund of funds invests primarily in international equity funds. The Portfolio provides access to a broad range of international investment styles and money managers in a single investment.

A Global/International Equity Fund ALL DATA AS OF 9/30/12

A JAIAX

B JAIBX

C JAICX

I JAIIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A MSCI EAFE Index3
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 13.43% 14.33% 7.77%

3-year 2.67% 2.59% 0.93%

5-year 4.84% 4.77% 5.81%

10-year

Life of Fund (12/29/06) 2.30% 2.01% 3.17%

MARKET CAP

With 5% maximum sales charge Class A The Portfolios net annual operating expense ratio as of the current prospectus is 1.61%. The gross annual operating expense ratio of 2.26% is reduced due to a contractual expense reimbursement which is in effect until at least 6/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Portfolios current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 12/29/06 to 9/30/12

Q3

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 0.104 2007 9.60 2008 45.17 2009 37.62 2010 13.29 2011 14.61

58

1 The Morningstar Style Box reveals the Portfolios investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The MSCI EAFE Index is a free float-adjusted market-capitalization index that is designed to measure developed market equity performance, excluding the U.S. and Canada. The index consists of 21 developed market country indexes. The total return for this index is calculated gross of foreign withholding tax on dividends. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

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11/1/2012 11:16:17 AM

ALL DATA AS OF 9/30/12

John Hancock International Allocation Portfolio


KEY FACTS u John Hancock Asset Management has been managing asset allocation portfolios for over 10 years and currently has over $94 billion in assets in these portfolios.5 u The Portfolio is built using a proven, multi-stage process that optimizes both the asset class and manager mix. u The Portfolio provides diversification across investment styles, countries and investment managers. PORTFOLIO HIGHLIGHTS6 International Value (Franklin Templeton) International Core (GMO) International Growth Stock (Invesco Advisers) Emerging Markets (DFA) International Opportunities (Marsico) International Small Company (DFA) Greater China Opportunities (JHAM) China Emerging Leaders (Atlantis) Japan Hedged Equity ETF (Wisdomtree) WHAT YOU SHOULD KNOW BEFORE INVESTING 24.90% 24.20% 16.70% 12.30% 7.90% 6.70% 4.20% 2.60% 0.50%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Robert Boyda Portfolio Manager since 2010 Began career in 1979 Steven Medina, CFA Portfolio Manager since 2010 Began career in 1994 Steve Orlich Portfolio Manager since 2006 Began career in 1979 PORTFOLIO SUMMARY Class A Inception Number of underlying funds Number of unique managers Total net assets (mil) Portfolio turnover7 RISK MEASURES VS. BENCHMARK Benchmark MSCI EAFE Index Beta8 Standard deviation9 Fund Benchmark 19.57 19.83 1.01 12/29/06 9 8 $15.5 18%

Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. The Portfolios performance depends on the Advisers skill in determining the strategic asset class allocations, the mix of underlying funds and the performance of those underlying funds. The underlying funds performance may be lower than the performance of the asset class which they were selected to represent. The Portfolio is subject to the same risks as the underlying funds in which it invests, which include the following: stocks and bonds can decline due to adverse issuer, market, regulatory or economic developments; foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability; and the securities of small-capitalization companies are subject to higher volatility than larger, more established companies. For additional information on these and other risk considerations, please see the Portfolios prospectus.
A portfolios investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Portfolio. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Class A, B and C shares of the International Allocation Portfolio were newly organized in December 2006. Assets are as of 6/30/12. 6 Listed holdings do not represent all of the holdings in the Portfolio. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 7 The portfolio turnover is from the Portfolios most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 8 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 9 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 318HS 10/12

59

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John Hancock

International Core Fund


SUBADVISED BY GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC (GMO) Goal: Seeks high total return. Strategy: Invests primarily in stocks from developed markets outside the U.S. The subadvisers investment process combines fundamental proprietary research and quantitative models to evaluate stocks based on valuation, firm quality, improving fundamentals and growth characteristics.
A Global/International Equity Fund ALL DATA AS OF 9/30/12 A GIDEX B GOCBX C GOCCX I GOCIX R1 GOCRX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A MSCI EAFE Index3
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 11.41% 14.33% 5.84%

3-year 1.59% 2.59%

5-year 6.15% 4.77%

10-year

Life of Fund (9/16/05) 1.11% 2.51% 0.37%

MARKET CAP

With 5% maximum sales charge Class A 0.14% 7.11% On 6/9/06, John Hancock International Core Fund acquired the assets of the GMO International Disciplined Equity Fund (predecessor fund). Returns of the predecessor funds Class III shares, first offered on 9/16/05, have been recalculated to apply the gross fees and expenses of Class A, first offered on 6/12/06. The Funds total annual operating expense ratio as of the current prospectus is 1.58%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 9/16/05 to 9/30/12

Q3

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 4.334 2006 24.14 2007 10.97 2008 39.21 2009 18.20 2010 9.11 2011 10.52

60

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The MSCI EAFE Index is a free float-adjusted market-capitalization index that is designed to measure developed market equity performance, excluding the U.S. and Canada. The index consists of 21 developed market country indexes. The total return for this index is calculated gross of foreign withholding tax on dividends. It is not possible to invest directly in an index. 4 Results since inception (not annualized).

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11/1/2012 11:16:22 AM

ALL DATA AS OF 9/30/12

John Hancock International Core Fund


KEY FACTS u GMO is a global investment management firm with seven offices located around the globe. GMO has provided investment advisory services to institutions for 30 years. u The Fund invests in a combination of valuation and momentum stocks, which may result in greater diversification and reduce the Funds risk level. u The valuation discipline favors high-quality companies because they can sustain a competitive advantage and continue to grow over the long term. TEN LARGEST EQUITY HOLDINGS5 Total SA Sanofi Aventis AstraZeneca Group PLC E.ON AG BP PLC 4.00% 3.27% 2.83% 2.39% 2.11% GlaxoSmithKline PLC Banco Santander SA Telefonica SA Vodafone Group PLC Enel SpA TOTAL 2.01% 1.66% 1.57% 1.56% 1.55% 22.95%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Grantham, Mayo, Van Otterloo & Co. LLC The Fund is managed by a team of portfolio managers at Grantham, Mayo, Van Otterloo & Co. LLC. KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings RISK MEASURES VS. BENCHMARK Japan United Kingdom France Germany Spain Australia Italy Canada Switzerland Netherlands 23.51% 21.65% 10.57% 7.10% 5.92% 5.75% 5.06% 3.06% 2.26% 2.14% Benchmark MSCI EAFE Index Beta7 Standard deviation8 Fund Benchmark 19.45 19.54 0.99 6/12/06 $1,488.7 42% 351

TEN LARGEST COUNTRIES5

WHAT YOU SHOULD KNOW BEFORE INVESTING

Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 660HS 10/12

61

QFG.indb 61

11/1/2012 11:16:26 AM

John Hancock

International Growth Fund


SUBADVISED BY GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC (GMO) Goal: Seeks high total return primarily through capital appreciation. Strategy: Invests primarily in stocks from developed markets outside the U.S. The subadvisers investment process combines fundamental proprietary research and quantitative models to capitalize on inefficiencies it perceives in the pricing of foreign growth stocks.
A Global/International Equity Fund ALL DATA AS OF 9/30/12 A GOIGX B GONBX C GONCX I GOGIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A MSCI EAFE Growth Index3 MSCI EAFE Index3 With 5% maximum sales charge Class A 1-year 19.67% 15.22% 14.33% 13.68% 3-year 6.88% 4.68% 2.59% 5.07% 5-year 2.65% 3.88% 4.77% 3.64% 10-year Life of Fund (6/12/06) 3.02% 1.99% 1.02% 2.19%

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

HHH

(out of 218 Foreign Large Growth funds)

The Funds net annual operating expense ratio as of the current prospectus is 1.60%. The gross annual operating expense ratio of 1.66% is reduced due to a contractual expense reimbursement which is in effect until at least 6/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 6/12/06 to 9/30/12

The Fund was rated 3 stars for the 3and 5-year periods. Load-waived rating

HHHH

(out of 218 Foreign Large Growth funds)

The Fund was rated 4 stars for the 3and 5-year periods. Overall rating is based on 3- and 5-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 218 and 173 funds for the 3- and 5-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.*

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 21.314 2007 11.83 2008 37.48 2009 21.08 2010 13.23 2011 8.61

62

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 3 The MSCI EAFE Growth Index is a free float-adjusted market-capitalization index that is designed to measure the performance of growth- oriented developed market stocks within Europe, Australasia and the Far East. The total return for this index is calculated gross of foreign withholding tax on dividends. The MSCI EAFE Index is a free float-adjusted market-capitalization index that is designed to measure developed market equity performance within Europe, Australasia and the Far East. Both indexes consist of 21 developed market country indexes and their total return is calculated gross of foreign withholding tax on dividends. It is not possible to invest directly in an index.

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ALL DATA AS OF 9/30/12

John Hancock International Growth Fund


KEY FACTS u GMO is a global investment management firm with seven offices located around the globe. GMO has provided investment advisory services to institutions for 30 years. u The Fund invests in a combination of valuation and momentum stocks, which may result in greater diversification and reduce the Funds risk level. u The momentum-based stocks in the Funds portfolio enable it to benefit from short-term earnings upswings and investor sentiment. TEN LARGEST EQUITY HOLDINGS5 Roche Holdings AG Novo Nordisk A/S British American Tobacco PLC Diageo PLC Nestle SA 4.56% 3.03% 2.71% 2.66% 2.43% GlaxoSmithKline PLC SAP AG Rio Tinto PLC Anheuser-Busch InBev NV Canadian National Railway Company TOTAL 2.26% 1.61% 1.38% 1.34% 1.22% 23.20%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Grantham, Mayo, Van Otterloo & Co. LLC The Fund is managed by a team of portfolio managers at Grantham, Mayo, Van Otterloo & Co. LLC. KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
6

6/12/06 $137.2 55% 407

Number of holdings RISK MEASURES VS. BENCHMARK

TEN LARGEST COUNTRIES5 United Kingdom Japan Switzerland Germany France Australia Denmark Canada Sweden Netherlands WHAT YOU SHOULD KNOW BEFORE INVESTING 23.20% 21.82% 9.47% 7.16% 5.22% 3.88% 3.47% 3.12% 2.94% 2.87%

Benchmark MSCI EAFE Growth Index Beta7 Standard deviation8 Fund Benchmark 17.88 19.06 0.93

Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Growth stocks may be subject to greater price fluctuations because their prices tend to place greater emphasis on earnings expectations. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 870HS 10/12

63

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John Hancock

International Value Equity Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: Invests in foreign companies that appear to be undervalued relative to their real worth or future prospects. The Fund normally invests at least 80% of its assets in companies that have market capitalizations of $2 billion or more at the time of purchase.

A Global/International Equity Fund ALL DATA AS OF 9/30/12

A JIEAX

I JIEEX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A MSCI World ex-USA Index3
LARGE MEDIUM SMALL

I 2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 14.53% 14.37% 8.81%

3-year 3.67% 2.99% 1.92%

5-year 3.83% 4.35% 4.80%

10-year 8.72% 9.16% 8.16%

Life of Fund (3/31/98) 4.64% 3.88% 4.27%

MARKET CAP

With 5% maximum sales charge Class A On 2/11/11, John Hancock International Value Equity Fund acquired the assets of the Optique International Value Fund (predecessor fund). Returns of the predecessor funds Investor Class shares, first offered on 3/31/98, have been recalculated to apply the gross fees and expenses of Class A, first offered on 2/14/11. The Funds net annual operating expense ratio as of the current prospectus is 1.60%. The gross annual operating expense ratio of 4.35% is reduced due to a contractual expense reimbursement which is in effect until at least 6/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 3/31/98 to 9/30/12

Q3

VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

HHHH
(out of 323 Foreign Large Value funds)

The Fund was rated 4 stars, 4 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHH

(out of 323 Foreign Large Value funds)

The Fund was rated 4 stars for the 3-, 5- and 10-year periods. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 323, 257 and 146 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.*

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 5.48 2003 36.57 2004 22.56 2005 11.25 2006 25.65 2007 6.30 2008 43.63 2009 38.29 2010 14.40 2011 13.29

64

1 The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). 2 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. In October 2011, the adviser made a voluntary payment to the Fund of $6,950.00, or approximately $0.018 per share. Without this payment, performance would have been lower. 3 The MSCI World ex-USA Index is a free float-adjusted market-capitalization weighted index that is designed to measure the equity market performance of developed markets outside the United States. The total return for this index is calculated gross of foreign withholding tax on dividends. It is not possible to invest directly in an index.

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ALL DATA AS OF 9/30/12

John Hancock International Value Equity Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity investing. u The management team looks for foreign companies that are inexpensive and have reasonably strong fundamentals. u The Fund offers an opportunity to help diversify your portfolio among international markets, which may provide diversification and growth prospects that may not be available in the U.S. alone. TEN LARGEST EQUITY HOLDINGS4 Nestle SA Petroleo Brasileiro SA Fraser and Neave, Ltd. Novartis AG Techtronic Industries Company, Ltd. 1.49% 1.25% 1.23% 1.22% 1.20% Total SA Bayer AG HSBC Holdings PLC Den Norske Bank ASA CNOOC, Ltd. TOTAL 1.15% 1.14% 1.14% 1.10% 1.09% 12.01%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Wendell Perkins, CFA Senior Portfolio Manager Managed Fund since it began in 1998 Began career in 1985 Margaret McKay, CFA Portfolio Manager Joined Fund team in 2007 Began career in 1992 Edward Maraccini, CFA Portfolio Manager Joined Fund team in 2007 Began career in 1995 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
5

TEN LARGEST COUNTRIES4 Japan United Kingdom Germany Canada Australia France Hong Kong Switzerland Netherlands China WHAT YOU SHOULD KNOW BEFORE INVESTING 16.43% 16.32% 8.18% 7.76% 7.16% 6.18% 5.30% 4.50% 3.60% 3.16%

2/14/11 $286.4 21% 113

Number of holdings RISK MEASURES VS. BENCHMARK Benchmark

Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Value stocks may not increase in price as anticipated or may decline further in value. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. The prices of medium company stocks can change more frequently and dramatically than those of large company stocks. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

MSCI World ex-USA Index Beta


6

0.93 18.25 19.27

Standard deviation7 Fund Benchmark

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 7 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 366HS 10/12

65

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John Hancock

Alternative Asset Allocation Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term growth of capital. Strategy: The Fund will seek to achieve its objective by investing in alternative asset classes and alternative strategies. The Fund invests in other funds and other investment companies, as well as other types of investments.

An Alternative/Specialty Fund ALL DATA AS OF 9/30/12

A JAAAX

C JAACX

I JAAIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge 1-year Class A 8.95% MSCI World Index3 22.32% Barclays Capital U.S. Aggregate Bond Index3 5.16% Custom benchmark3 With 5% maximum sales charge Class A 14.68% 3.50% 3-year 7.03% 8.07% 6.19% 7.65% 5.21% 5-year 10-year Life of Fund (1/2/09) 14.30% 13.07% 6.49% 10.62% 12.75%

2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

MORNINGSTAR RATING (CLASS A) Overall rating

HHHH
(out of 118 Multialternative funds)

The Fund was rated 4 stars for the 3-year period. Load-waived rating

Performance information prior to 12/20/10 reflects an allocation to a different mix of underlying funds and would have been different if the Fund had been allocated to its current mix of underlying funds. The Funds net annual operating expense ratio as of the current prospectus is 1.65%. The gross annual operating expense ratio of 2.70% is reduced due to a contractual expense reimbursement, which is in effect until at least 12/31/12 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 1/2/09 to 9/30/12

HHHHH
(out of 118 Multialternative funds)

The Fund was rated 5 stars for the 3-year period. Overall rating is based on 3-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 118 funds for the 3-year period. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002
1 2 3

2003

2004

2005

2006

2007

2008

2009 41.01

2010 11.98

2011 2.36

66

The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The MSCI World Index is an unmanaged index of freely traded stocks of foreign companies. The Barclays Capital U.S. Aggregate Bond Index is comprised of government securities, asset-backed securities and corporate securities to simulate the universe of bonds in the market. Custom Benchmark consists of 55% MSCI World Index and 45% Barclays Capital U.S. Aggregate Bond Index. It is not possible to invest directly in an index.

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ALL DATA AS OF 9/30/12

John Hancock Alternative Asset Allocation Fund


KEY FACTS u John Hancock Asset Management has been managing asset allocation portfolios for over 10 years and currently has over $94 billion in assets in these portfolios.4 u Alternative assets have the potential to improve the risk/return profile of a traditional portfolio. u The Fund provides diversification across alternative asset classes and investment strategies. PORTFOLIO HIGHLIGHTS5 Global High Yield (Stone Harbor) Currency Strategies (First Quadrant) Global Absolute Return Strategies (Standard Life) Multi-Sector Bond (Stone Harbor) Strategic Income Opportunities (JHAM) Technical Opportunities (Wellington) Redwood (RCM) Turner Spectrum (Turner Investments) Real Return Bond (PIMCO) PowerShares DB Commodity Index ETF (Invesco PowerShares) PowerShares DB Gold ETF (Invesco PowerShares) Emerging Markets (DFA) Global Real Estate (DeAM) Natural Resources(Wellington/RSInvestments) PowerShares DB Silver ETF (Invesco PowerShares) WHAT YOU SHOULD KNOW BEFORE INVESTING 15.20% 15.00% 12.60% 12.30% 11.10% 5.80% 5.10% 5.00% 5.00% 2.90% 2.80% 2.60% 2.10% 2.00% 0.50%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Robert Boyda Portfolio Manager since 2010 Began career in 1979 Steven Medina, CFA Portfolio Manager since 2010 Began career in 1994 Steve Orlich Portfolio Manager since 2008 Began career in 1979 PORTFOLIO SUMMARY Class A Inception Total net assets (mil) Portfolio turnover6 1/2/09 $257.9 90%

The Funds performance depends on the Advisers skill in determining the strategic asset class allocations, the mix of underlying funds and the performance of those underlying funds. The underlying funds performance may be lower than the performance of the asset class which they were selected to represent. Owning an ETF generally reflects the risks of owning the underlying securities it is designed to track, which may cause a lack of liquidity, more volatility and increased management fees. The Fund is subject to the same risks as the underlying funds in which it invests, which include the following: stocks and bonds can decline due to adverse issuer, market, regulatory or economic developments; foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability; the securities of small-capitalization companies are subject to higher volatility than larger, more established companies; and high-yield bonds are subject to additional risks, such as increased risk of default. The underlying funds may use currency transactions to seek to achieve gains in the Fund. If currencies do not perform as expected, the Fund could have significant losses which exceed the amount invested in the currency instruments. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Class A shares of the Alternative Asset Allocation Fund were newly organized in December 2008. Assets are as of 6/30/12. 5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 345HS 10/12

67

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11/1/2012 11:16:45 AM

John Hancock

Currency Strategies Fund


SUBADVISED BY FIRST QUADRANT LP Goal: Seeks long-term total return. Strategy: The management team utilizes an active strategy that distributes the Funds assets to currency through currency forwards and other currency transactions. The Fund seeks to achieve positive absolute returns through the income produced by the debt securities and any net gains resulting from fluctuations in the values of currencies relative to the U.S. dollar.1
An Alternative/Specialty Fund ALL DATA AS OF 9/30/12 A JCUAX I JCUIX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge Class A Citigroup 1-Month U.S. Treasury Bill Index2 With 3% maximum sales charge Class A 4.05% 4.92% The Funds total annual operating expense ratio as of the current prospectus is 1.56%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 8/2/10 to 9/30/12 1-year 1.07% 0.04% 3-year 5-year 10-year Life of Fund (8/2/10) 3.58% 3.82%

Q3

I
Why John Hancock Funds?
u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

2012

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002


1 2

2003

2004

2005

2006

2007

2008

2009

2010 9.303

2011 1.32

68

Net losses on currency transactions will reduce positive absolute returns. The Citigroup 1-Month U.S. Treasury Bill Index is a market value-weighted index of public obligators of the U.S. Treasury with maturities of one month. It is not possible to invest directly in an index. Results since inception (not annualized).

QFG.indb 68

11/1/2012 11:16:47 AM

ALL DATA AS OF 9/30/12

John Hancock Currency Strategies Fund


KEY FACTS u The Funds subadviser, First Quadrant LP, is an innovative investment management firm that has been providing investment advisory services for over 20 years. u The Funds low correlation to stocks and bonds may help to further diversify your overall portfolio. u Currencies have historically shown less volatility than traditional asset classes. INVESTABLE UNIVERSE OF MARKET CURRENCIES United States Dollar Canadian Dollar Euro New Zealand Dollar British Pound Singapore Dollar CURRENCY ALLOCATION4 USD CAD EUR NZD GBP SGD Swedish Krona Japanese Yen Swiss Franc Australian Dollar Norwegian Krone SEK JPY CHF AUD NOK

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser First Quadrant LP Portfolio Managers Ken Ferguson, Ph.D. Portfolio Manager Managed the Fund since it began in 2010 Joined firm in 1994 Dori Levanoni Portfolio Manager Managed the Fund since it began in 2010 Joined firm in 1991 Jeppe Ladekarl Portfolio Manager Managed the Fund since 2012 Joined firm in 2009 KEY STATISTICS Class A Inception Total net assets (mil) 8/2/10 $1,013.6

The Funds assets are exposed to both short (unfavored) and long (favored) currency positions.
Position (%) Notional

Unfavored Currencies

Favored Currencies

WHAT YOU SHOULD KNOW BEFORE INVESTING

The Fund will use currency transactions to seek to achieve gains in the Fund. If currencies do not perform as expected, the Fund could have significant losses which exceed the amount invested in the currency instruments. Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Currency allocations are as of 8/31/12 and are subject to change at any time.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 364HS 10/12

69

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John Hancock

Financial Industries Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks capital appreciation. Strategy: Invests in stocks of U.S. and foreign financial services companies of any size. These companies include banks, thrifts, finance companies, brokerage and advisory firms, real estate-related firms, insurance companies and financial holding companies.

An Alternative/Specialty Fund ALL DATA AS OF 9/30/12

A FIDAX

B FIDBX

C FIDCX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A S&P 500 Financial Index3 S&P 500 Index3 With 5% maximum sales charge Class A 1-year 3-year 5-year 10-year 45.78% 6.68% 5.03% 3.67% 34.81% 3.07% 12.60% 0.40% 30.20% 13.20% 1.05% 8.01% 38.43% 4.89% 5.99% 3.14% Life of Fund (3/14/96) 5.64% 4.05% 6.94% 5.31%

2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

The Funds total annual operating expense ratio as of the current prospectus is 1.41%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 3/14/96 to 9/30/12

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002 16.40
1 2 3

2003 26.43

2004 9.75

2005 9.97

2006 17.48

2007 4.39

2008 47.66

2009 25.81

2010 10.82

2011 14.38

70

The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The S&P 500 Financial Index is an unmanaged index designed to measure the financial sector of the S&P 500 Index. The S&P 500 Index is an unmanaged index that includes 500 widely traded common stocks. It is not possible to invest directly in an index.

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11/1/2012 11:16:52 AM

ALL DATA AS OF 9/30/12

John Hancock Financial Industries Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed income investing. u Retirement savings comprise 37% of all household financial assets in the United States, driving demand for financial services products.4 u Consolidation in the banking, securities and insurance industries is providing opportunities for financial services providers to increase efficiency. TEN LARGEST EQUITY HOLDINGS5 U.S. Bancorp. JPMorgan Chase & Company Wells Fargo & Company Nationstar Mortgage Holdings, Inc. American Capital, Ltd. 4.36% 3.83% 3.76% 3.44% 3.40% Walter Investment Management Corp. Ameriprise Financial, Inc. Bank of America Corp. Simon Property Group, Inc. Zions Bancorporation TOTAL LARGEST INDUSTRIES5 Commercial Banks Capital Markets Real Estate Investment Trusts (REITs) Diversified Financial Services Insurance Thrifts & Mortgage Finance Consumer Finance IT Services Real Estate Management & Development WHAT YOU SHOULD KNOW BEFORE INVESTING 34.82% 21.55% 9.64% 8.69% 6.91% 6.14% 3.85% 2.50% 0.73% 3.13% 3.12% 3.00% 2.85% 2.71% 33.60%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Lisa Welch Senior Portfolio Manager Joined Fund team in 1998 Began career in 1986 Susan Curry Portfolio Manager Joined Fund team in 2004 Began career in 1993 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover6 Number of holdings 3/14/96 $275.5 50% 71

RISK MEASURES VS. BENCHMARK Benchmark S&P 500 Financial Index Beta7 1.29 Standard deviation8 Fund Benchmark 21.34 21.24

Investments concentrated in one sector may fluctuate more widely than investments diversified across sectors. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. The prices of medium and small company stocks can change more frequently and dramatically than those of large company stocks. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Source: Investment Company Institute. Retirement Research, April 2012. 5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 7 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 8 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 700HS 10/12

71

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11/1/2012 11:16:57 AM

John Hancock

Global Absolute Return Strategies


SUBADVISED BY STANDARD LIFE INVESTMENTS Goal: Seeks long-term total return. Strategy: The Fund has a broad investment mandate that permits it to use an extensive range of investment strategies and to invest in a wide spectrum of equity and fixed-income securities, as well as derivative instruments, in order to pursue its investment objective.

An Alternative/Specialty Fund ALL DATA AS OF 9/30/12

A JHAAX

C JHACX

I JHAIX

CUMULATIVE TOTAL RETURNS1 Without maximum sales charge Class A BofA ML USD 1-Month LIBID Average2 MSCI World Index2 With 5% maximum sales charge Class A 1-year 3-year 5-year 10-year Life of Fund (12/19/11) 6.80% 0.13% 17.60% 1.46%

Q3

2012

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

The Funds net annual operating expense ratio as of the current prospectus is 1.95%. The gross annual operating expense ratio of 1.96% is reduced due to a contractual expense reimbursement, which is in effect until at least 12/31/12 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes.

1 2

72

Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The Bank of America Merrill Lynch U.S. Dollar 1-Month LIBID Average Index tracks the performance of a basket of synthetic assets paying LIBID to a stated maturity. The index purchases a new instrument each day, priced at par, having exactly its stated maturity and with a coupon equal to that days fixing rate. All issues are held to maturity. Therefore, each day the index is comprised of a basket of securities. The index is not marked to market. The returns of the index represent the accrued income generated by the equally weighted average of all the coupons in the basket for a given day. The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. It is not possible to invest directly in an index.

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ALL DATA AS OF 9/30/12

John Hancock Global Absolute Return Strategies Fund


KEY FACTS u The Fund seeks to provide consistent, positive investment returns regardless of market conditions. u The Fund is managed by Standard Life Investments, a global asset management firm with broad experience in absolute return strategies. u The management team combines traditional investments, such as equities, bonds and cash, with advanced strategies, such as derivatives, to attempt to profit from inefficiencies in global markets. PHYSICAL ALLOCATION Index-Linked Bonds Global Equity EU Corporate Bonds High Yield Bonds RISK-BASED ALLOCATION Global Equity Long US Dollar v Canadian Dollar Relative Variance Income US Equity Tech v US Equity Small Cap Long US Dollar v Euro Index-Linked Bonds European Financial Capital Structure US Long Bond Yield (Forward Start) Russian Equity Korean Equity US Equity Large Cap v US Equity Small Cap Security Selection Mexican Government Bonds v Euro 1.76% 1.49% 1.19% 1.15% 1.05% 1.03% 0.94% 0.91% 0.86% 0.86% 0.83% 0.72% 0.72% High Yield Bonds EU Corporate Bonds Chinese Equity v S&P 500 Equity Volatility Long Brazilian Real v Australian Dollar UK v European Long Bond Duration (Forward Start) Long US Dollar v Japanese Yen German v French Duration Chinese Equity v European Equity Volatility FX Hedging Australian Bond Yield Flattener European Bond Yield Steepener Long Equity Volatility Liquid Instruments 0.71% 0.54% 0.49% 0.43% 0.39% 0.38% 0.29% 0.27% 0.20% 0.10% 0.08% 0.03% 0.01% 16.82% 15.04% 14.80% 9.95% Mexican Government Bonds Russian Equity Cash + Derivatives Liquid Instruments 4.24% 2.53% 32.42% 4.20%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Standard Life Investments The Fund is managed by a team of portfolio managers at Standard Life Investments. KEY STATISTICS Class A Inception Total net assets (mil) Number of holdings 12/19/11 $1,138.0 692

WHAT YOU SHOULD KNOW BEFORE INVESTING

Absolute return funds are not designed to outperform stocks and bonds in strong markets and there is no guarantee of positive returns. They employ certain techniques which are intended to reduce risk and volatility in the portfolio and provide protection against a decline in the Funds assets. However, there is no guarantee that any investment strategy will be successful or that the Funds objectives will be achieved. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The issuer or grantor of a security, or counterparty to a transaction, may be unable or unwilling to make principal, interest or settlement payments. If the Fund invests in illiquid securities, it may be difficult to sell them at a price approximating their value. Currency transactions are impacted by fluctuations in exchange rates, which may adversely affect the U.S. dollar value of a funds investments. Foreign investing, especially in emerging markets, has additional risks such as currency and market volatility and political and social instability. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. The prices of medium and small company stocks can change more frequently and dramatically than those of large company stocks. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Allocations are as of 8/31/12 and are subject to change at any time. Since the Fund uses derivatives to implement many strategies, breaking down its approach by the percentage invested in each asset class doesnt give a full picture of the Funds investment positions. Instead, measuring each strategys contribution to overall risk presents a clearer picture of how the Fund is invested to seek to deliver its return objective. The use of versus represents the risk-adjusted investment views of the subadviser on specific strategies.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 395HS 10/12

73

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John Hancock

Natural Resources Fund


SUBADVISED BY WELLINGTON MANAGEMENT & RS INVESTMENTS Goal: Seeks long-term total return. Strategy: Invests at least 80% of its assets in equities and equity-related securities of natural resource-related companies worldwide, including emerging markets. Natural resource-related companies include companies that own or develop energy, metals, forest products and other natural resources, or that supply goods and services to such companies.
An Alternative/Specialty Fund ALL DATA AS OF 9/30/12 A JNRAX I JNRIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A MSCI World Energy Index3 MSCI World Metals & Mining Index3 Custom benchmark3 With 5% maximum sales charge Class A 1-year 3-year 5-year 9.12% 0.23% 5.79% 22.02% 7.94% 0.37% 0.40% 0.32% 7.51% 8.43% 3.68% 5.59% 1.55% 10-year Life of Fund (10/15/05) 3.59% 5.96%4 7.40%4 4.96%4 2.82%

2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

MARKET CAP

Q3

1.92% 6.76%

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

10/15/05 is the inception date for the oldest class of shares, NAV shares. Class A shares were first offered on 1/4/10; returns prior to this date are those of the Class NAV shares that have been recalculated to reflect the gross fees and expenses of Class A. The Funds net annual operating expense ratio as of the current prospectus is 1.58%. The gross annual operating expense ratio of 1.77% is reduced due to a contractual expense reimbursement, which is in effect until at least 12/31/13 and may be terminated by the Adviser any time after this date. The Adviser may recapture operating expenses reimbursed subsequent to 1/1/09 for a period of three years following the beginning of the month in which the reimbursement occurred. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 10/15/05 to 9/30/12

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002


1 2 3

2003

2004

2005 8.385

2006 20.29

2007 39.02

2008 50.49

2009 55.61

2010 14.35

2011 20.45

74

4 5

The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The MSCI World Energy Index consists of the companies in the Energy sector of the MSCI World Index. MSCI World Index is a free float-adjusted market-capitalization weighted index designed to measure the equity market performance of developed markets. The MSCI World Metals & Mining Index consists of the companies in the Metals & Mining industry of the MSCI World Index. These sector-specific indexes are the Funds primary benchmarks. However, a custom benchmark, which consists of 60% MSCI Energy Index/40% MSCI Metals & Mining Index is also shown to reflect the Funds sector allocation under normal conditions. It is not possible to invest directly in an index. Index figure as of closest month end to inception date. Results since inception (not annualized).

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ALL DATA AS OF 9/30/12

John Hancock Natural Resources Fund


KEY FACTS u The Fund is subadvised by Wellington Management and RS Investments. u Wellington Management is a global institutional money manager to over 1,600 institutions located in 40 countries. Wellington has been managing energy and natural resource related assets since 1984 and is one of the largest institutional managers of global natural resource and energy assets. u RS Investments offers investment management solutions for institutional and individual investors. The firm has been managing global natural resource portfolios since 1995 and is managed by a specialized team of eight investment professionals who average more than 21 years of investment experience. TEN LARGEST EQUITY HOLDINGS Southwestern Energy Company Oil Search, Ltd. Peyto Exploration & Development Corp. The Mosaic Company BHP Billiton PLC LARGEST INDUSTRIES
6 6

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Wellington Management and RS Investments7 Portfolio Managers Jay Bhutani Wellington Joined firm in 2007 Began career in 1986 John OToole, CFA Wellington Joined firm in 1992 Began career in 1988 MacKenzie B. Davis, CFA RS Investments Joined firm in 2004 Began career in 1993 Kenneth L. Settles, Jr., CFA RS Investments Joined firm in 2006 Began career in 1996 Andrew P. Pilara, Jr. RS Investments Joined firm in 1993 Began career in 1974 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover8 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark Beta9 Standard deviation10 Fund Benchmark MSCI World Index 1.33 24.80 17.11 1/4/10 $791.9 85% 88

3.67% 2.89% 2.68% 2.55% 2.37%

Antofagasta PLC Calpine Corp. BG Group PLC Occidental Petroleum Corp. Compass Minerals International, Inc. TOTAL

2.34% 2.32% 2.26% 2.24% 2.19% 25.51%

Oil, Gas & Consumable Fuels Metals & Mining Energy Equipment & Services Chemicals Construction Materials Independent Power Producers & Energy Traders Diversified Financial Services Capital Markets Commercial Services & Supplies WHAT YOU SHOULD KNOW BEFORE INVESTING

52.67% 23.75% 6.03% 5.87% 2.71% 2.32% 0.63% 0.40% 0.09%

The natural resources industry can be significantly affected by global, political and environmental developments and by commodity prices. Investments concentrated in one sector may fluctuate more widely than investments diversified across sectors. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. Currency transactions are impacted by fluctuations in exchange rates, which may adversely affect the U.S. dollar value of a funds investments. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
6 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 7 Wellington Management and RS Investments are independent and unaffiliated investment subadvisers. Please see the Funds prospectus and our Web site for full details. 8 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 9 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 10 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 354HS 10/12

75

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John Hancock

Regional Bank Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks long-term capital appreciation with moderate income as a secondary goal. Strategy: Invests its assets in stocks of regional banks and other lending companies. The team looks for companies that have good fundamentals, are selling at attractive valuations and are potential candidates for merger activity.

An Alternative/Specialty Fund ALL DATA AS OF 9/30/12

A FRBAX

B FRBFX

C FRBCX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge Class A S&P Composite 1500 Banks Index2 S&P 500 Index2 With 5% maximum sales charge Class A 1-year 3-year 5-year 10-year 44.80% 8.08% 2.84% 3.44% 46.29% 9.52% 12.06% 2.00% 30.20% 13.20% 1.05% 8.01% 37.58% 6.24% 3.83% 2.91% Life of Fund (1/3/92) 10.26% 8.29% 9.99%

2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE
LARGE MEDIUM SMALL

Q3

MARKET CAP

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

The Funds total annual operating expense ratio as of the current prospectus is 1.36%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 1/3/92 to 9/30/12

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 2.90
1

2003 28.44

2004 14.39

2005 1.08

2006 14.64

2007 19.23

2008 25.48

2009 6.96

2010 14.95

2011 11.46

76

The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). The S&P Composite 1500 Banks Index is an unmanaged index of banking sector stocks in the S&P 1500 Index. The S&P 500 Index is an unmanaged index that includes 500 widely traded common stocks. It is not possible to invest directly in an index.

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ALL DATA AS OF 9/30/12

John Hancock Regional Bank Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The portfolio management team has over 40 years of collective investment experience and numerous banking industry contacts. u The Fund can opportunistically position itself within its investment universe of banks in terms of market capitalization, geographical region and capital structure. TEN LARGEST EQUITY HOLDINGS3 U.S. Bancorp. Wells Fargo & Company BB&T Corp. PNC Financial Services Group, Inc. JPMorgan Chase & Company 4.27% 4.25% 4.11% 3.94% 3.86% SunTrust Banks, Inc. Cullen/Frost Bankers, Inc. Independent Bank Corp. Bank of America Corp. SVB Financial Group TOTAL LARGEST INDUSTRIES
3

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Lisa Welch Senior Portfolio Manager Joined Fund team in 1998 Began career in 1986 Susan Curry Portfolio Manager Joined Fund team in 2004 Began career in 1993 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover4 Number of holdings RISK MEASURES VS. BENCHMARK Benchmark S&P Composite 1500 Banks Index Beta5 0.88 Standard deviation6 1/3/92 $606.9 16% 92

3.81% 3.80% 3.28% 3.22% 2.81% 37.35%

Commercial Banks Thrifts & Mortgage Finance Diversified Financial Services Capital Markets

76.77% 8.94% 8.76% 0.04%

WHAT YOU SHOULD KNOW BEFORE INVESTING

Investments concentrated in one sector may fluctuate more widely than investments diversified across sectors. The prices of medium and small company stocks can change more frequently and dramatically than those of large company stocks. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Fund Benchmark

20.36 22.07

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 5 Source: Morningstar, Inc. Beta is the market risk of the Funds Class A shares and is based on 3-year performance as of 9/30/12. By definition, the beta of the market (as represented by the stated benchmark) is 1.00. Accordingly, a fund with a 1.10 beta is theoretically expected to have 10% more volatility than the market. 6 Source: Morningstar, Inc. Based on Class A shares at NAV for the 3-year period as of 9/30/12. Standard deviation measures performance fluctuation generally, the higher the standard deviation, the greater the expected volatility of returns. These measures of past risk are not completely or necessarily representative of future risk and cannot predict a funds performance.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 010HS 10/12

77

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11/1/2012 11:17:08 AM

John Hancock

Technical Opportunities Fund


SUBADVISED BY WELLINGTON MANAGEMENT Goal: Seeks long-term capital appreciation. Strategy: The management team employs an unconstrained investment approach driven by technical analysis. This non-diversified portfolio invests in equity and equity-related securities of companies located throughout the world. The Fund may invest in cash within a wide range (0% 100%) of net assets when, in the subadvisers opinion, there are limited investment opportunities.
An Alternative/Specialty Fund ALL DATA AS OF 9/30/12 A JTCAX I JTCIX

AVERAGE ANNUAL TOTAL RETURNS2 Without maximum sales charge Class A MSCI AC World Index3
LARGE MEDIUM SMALL

2012

MORNINGSTAR STYLE BOX1


MANAGEMENT STYLE

1-year 8.68% 21.67% 3.25%

3-year 1.00% 7.78% 0.71%

5-year

10-year

Life of Fund (8/3/09) 1.65% 10.13% 0.00%

MARKET CAP

With 5% maximum sales charge Class A The Funds total annual operating expense ratio as of the current prospectus is 1.91%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT2 Class A without sales charge 8/3/09 to 9/30/12

Q3

VALUE

BLEND GROWTH

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS2 (%) CLASS A WITHOUT SALES CHARGE 2002


1 2 3

2003

2004

2005

2006

2007

2008

2009 8.304

2010 4.43

2011 16.50

78

The Morningstar Style Box reveals the Funds investment style. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The MSCI AC World Index is a free float-adjusted market-capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The MSCI AC World Index consists of 46 country indexes comprising 23 developed and 23 emerging-market country indexes. The total return for this index is calculated gross of foreign withholding tax on dividends. It is not possible to invest directly in an index. Results since inception (not annualized).

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ALL DATA AS OF 9/30/12

John Hancock Technical Opportunities Fund


KEY FACTS u Wellington Management is a Boston-based institutional money manager to over 1,600 institutions located in 40 countries. Their most distinctive strength is their proprietary, independent research, which is shared across all areas of the organization and used only for managing their clients portfolios. u The Funds strategy is a flexible, bottom-up, technical approach that employs rigorous stock selection methods. The manager has the flexibility to invest a majority of the Fund in cash if there are no compelling investments. u The Fund may act as a unique source of return generation in varied market environments. TEN LARGEST EQUITY HOLDINGS5 Regeneron Pharmaceuticals, Inc. Onyx Pharmaceuticals, Inc. Apple, Inc. Hertz Global Holdings, Inc. LyondellBasell Industries NV, Class A 2.63% 2.53% 2.48% 2.01% 1.76% W. R. Grace & Company Salesforce.com, Inc. NetSuite, Inc. Cabot Oil & Gas Corp. Skyworks Solutions, Inc. TOTAL SECTOR COMPOSITION
5

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Wellington Management6 Portfolio Manager Frank Teixeira, CMT, CFA Portfolio Manager Managed Fund since it began in 2009 Began career in 1989 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover7 Number of holdings 8/3/09 $516.0 507% 95

1.64% 1.63% 1.57% 1.57% 1.56% 19.38%

Information Technology Industrials Health Care Consumer Discretionary Materials Financials Energy WHAT YOU SHOULD KNOW BEFORE INVESTING

28.47% 13.71% 13.36% 12.32% 11.02% 9.92% 9.46%

Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Hedging and other strategic transactions may increase volatility of a fund and, if the transaction is not successful, could result in a significant loss. The Fund may invest its assets in a small number of issuers. Performance could suffer significantly from adverse events affecting these issuers. Investments concentrated in one sector may fluctuate more widely than investments diversified across sectors. Frequently trading securities may increase transaction costs (thus lowering performance) and taxable distributions. Owning an ETF generally reflects the risks of owning the underlying securities it is designed to track, which may cause a lack of liquidity, more volatility and increased management fees. The Fund may invest in IPOs, which are frequently volatile in price and may lead to increased portfolio turnover. The Fund can invest up to 100% of its assets in cash, which may cause the Fund to not meet its investment objective. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
5 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 6 Wellington Management is an independent and unaffiliated investment subadviser. 7 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 347HS 10/12

79

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John Hancock

Bond Fund
SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks to generate a high level of current income consistent with prudent investment risk. Strategy: Invests in a diversified portfolio of bonds, which may include corporate, U.S. government and agency securities. The majority of bonds in the portfolio are of investment-grade quality, though the Fund may invest up to 25% in bonds rated below investment grade.
An Income Fund ALL DATA AS OF 9/30/12 A JHNBX B JHBBX C JHCBX I JHBIX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge Class A Barclays Capital Government/Credit Bond Index1 With 4.5% maximum sales charge Class A 1-year 3-year 11.75% 10.29% 5.66% 6.74% 6.50% 8.61% 5-year 8.35% 6.63% 7.36% 10-year 6.58% 5.39% 6.10% Life of Fund (11/9/73) 7.86% 8.08% 7.73%

Q3

I 2012

MORNINGSTAR RATING (CLASS A) Overall rating

HHHH
(out of 1,019 Intermediate-Term Bond funds)

The Funds net annual operating expense ratio as of the current prospectus is 1.01%. The gross annual operating expense ratio of 1.06% is reduced due to a contractual expense reimbursement, which is in effect until at least 9/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 11/9/73 to 9/30/12

The Fund was rated 4 stars for the 3-, 5- and 10-year periods. Load-waived rating

HHHHH
(out of 1,019 Intermediate-Term Bond funds)

The Fund was rated 5 stars, 5 stars and 4 stars for the 3-, 5- and 10-year periods, respectively. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 1,019, 888 and 615 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.*

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 7.36 80 2003 7.62 2004 4.53 2005 2.38 2006 4.45 2007 4.90 2008 11.92 2009 28.43 2010 12.84 2011 4.86

1 The Barclays Capital Government/Credit Bond Index is an unmanaged index that measures the performance of U.S. government bonds, U.S. corporate bonds and Yankee bonds. It is not possible to invest directly in an index.

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11/1/2012 11:17:14 AM

ALL DATA AS OF 9/30/12

John Hancock Bond Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The management team spreads risk by investing in bonds of various quality levels and maturities issued by companies from a wide variety of industries and the U.S. government. u The Fund may be suitable for investors looking for a core bond fund that seeks to generate a high level of income consistent with prudent investment risk by limiting exposure to high-yield bonds and foreign currencies. TEN LARGEST ISSUERS2 Federal National Mortgage Association 18.90% Federal Home Loan Mortgage Corp. 8.43% United States Treasury Note/Bond 5.10% Morgan Stanley 1.74% JP Morgan Chase Commercial Mortgage Securities Corp 1.56% SECTOR COMPOSITION
2

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Barry Evans, CFA President Joined Fund team in 2002 Began career in 1986 Howard Greene, CFA Senior Portfolio Manager Joined Fund team in 2002 Began career in 1979 Jeffrey Given, CFA Portfolio Manager Joined Fund team in 2006 Began career in 1993 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover3 Number of holdings FIXED INCOME CHARACTERISTICS Average maturity Duration SEC 30-day yield4 7.93 yrs 4.16 yrs 3.95% 11/9/73 $1,541.8 76% 588

LB-UBS Commercial Mortgage Trust 1.42% General Electric Capital Corp. 0.92% WaMu Mortgage 0.88% Banc of America Commercial Mortgage 0.79% Ford Motor Credit Company LLC 0.68% TOTAL 40.42%

Financials U.S. Government Agency Industrials Consumer Discretionary U.S. Government Asset-Backed Securities Materials Energy Utilities Telecommunication Services WHAT YOU SHOULD KNOW BEFORE INVESTING

31.57% 27.53% 6.48% 6.02% 5.10% 4.45% 4.18% 4.11% 2.54% 1.89%

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk and their value may fluctuate in response to the markets perception of issuer creditworthiness. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
2 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 3 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 4 The Funds unsubsidized yield as of 9/30/12 was 3.9%. Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 210HS 10/12

81

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11/1/2012 11:17:19 AM

John Hancock

Core High Yield Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks total return, consisting of a high level of current income and capital appreciation. Strategy: Invests primarily in below-investment-grade corporate debt securities. The management team uses a fundamentally driven research process that focuses on current income and capital appreciation, with the aim of managing for the potential loss of capital.
An Income Fund ALL DATA AS OF 9/30/12 A JYIAX I JYIIX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge 1-year 3-year Class A 18.29% 16.01% Bank of America Merrill Lynch U.S. High Yield Master II Constrained Index2 18.86% 12.54% With 4.5% maximum sales charge Class A 13.01% 14.25% 5-year 10-year Life of Fund (4/30/09) 19.27% 19.49% 17.68%

Q3

I 2012

MORNINGSTAR RATING (CLASS A) Overall rating

HHHHH
(out of 512 High Yield Bond funds)

The Fund was rated 5 stars for the 3-year period. Load-waived rating

Prior to 3/12/12, the Fund was not open to investments from the general public. The Funds net annual operating expense ratio as of the current prospectus is 1.18%. The gross annual operating expense ratio of 1.81% is reduced due to a contractual expense reimbursement, which is in effect until at least 6/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 4/30/09 to 9/30/12

HHHHH
(out of 512 High Yield Bond funds)

The Fund was rated 5 stars for the 3-year period. Overall rating is based on 3-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 512 funds for the 3-year period. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 2007 2008 2009 25.733 2010 20.82 2011 6.74

82

1 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. Performance of the Pzena Focused Value Fund reflects stocks selected from the largest 1,000 publicly traded companies, whereas the Fund invests in stocks selected from the 500 largest such companies. 2 The Bank of America Merrill Lynch U.S. High Yield Master II Constrained Index contains all securities in the Bank of America Merrill Lynch U.S. High Yield Master II Index but caps issuer exposure at 2%. The Bank of America Merrill Lynch U.S. High Yield Master II Index is composed of U.S. currency high-yield bonds issued by U.S. and non-U.S. issuers. It is not possible to invest directly in an index. 3 Results since inception (not annualized).

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11/1/2012 11:17:20 AM

ALL DATA AS OF 9/30/12

John Hancock Core High Yield Fund


KEY FACTS u The fund has a total return approach that seeks to produce a high level of current income, while maintaining a focus on long-term capital preservation. u The fund is managed by John Hancock Asset Management, a team with expertise in global equity and global fixed income investing and over 25 years of experience. u The management team utilizes a two-step investment philosophy- first by taking a top-down global economic view to identify attractive sectors to invest. Then, by engaging in an intensive, bottom-up approach to identify individual opportunities within those sectors with attractive risk/return characteristics. TEN LARGEST ISSUERS4 Chesapeake Energy Corp Ferro Corp. BreitBurn Energy Partners LP / BreitBurn Finance Corp SUPERVALU Inc CPM Holdings Inc 3.47% 3.34% 2.69% 2.64% 2.61% Pretium Packaging LLC / Pretium Finance Inc Reddy Ice Corp. Forbes Energy Services Ltd iPayment Inc Sherritt International Corp TOTAL 2.56% 2.33% 2.31% 2.27% 2.00% 26.22%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Terry Carr, CFA Joined company in 2002 Began career in 1986

Konstantin Kizunov, CFA Joined company in 1996 Began career in 1996

SECTOR COMPOSITION4 Energy Materials Consumer Discretionary Industrials Consumer Staples Telecommunication Services Health Care Financials Information Technology Utilities WHAT YOU SHOULD KNOW BEFORE INVESTING 17.72% 15.10% 14.00% 11.25% 9.02% 6.06% 4.51% 4.01% 3.84% 1.97%

Richard Kos, CFA Joined company in 2004 Began career in 1993

KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
5

4/30/09 $115.5 64% 92

Number of holdings FIXED INCOME CHARACTERISTICS Average maturity Duration SEC 30-day yield
6

9.44 yrs 3.04 yrs 6.04%

Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Fixed-income investments are subject to interest rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. The issuer or grantor of a security, or counterparty to a transaction, may be unable or unwilling to make principal, interest or settlement payments. Frequently trading securities may increase transaction costs (thus lowering performance) and taxable distributions. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. Foreign investing, especially in emerging markets, has additional risks such as currency and market volatility and political and social instability. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment decline. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 The Funds unsubsidized yield as of 9/30/12 was 5.55%. Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 346HS 10/12

83

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11/1/2012 11:17:25 AM

John Hancock

Floating Rate Income Fund


SUBADVISED BY WESTERN ASSET MANAGEMENT COMPANY Goal: Seeks a high level of current income. Strategy: Invests primarily in floating rate loans that are rated below investment grade, at the time of purchase. Management may invest in fixed-rate loans, domestic and foreign issuer loans and loan participations that pay interest at rates that float or reset periodically at a margin above a generally recognized base lending rate, such as the Prime Rate or the London Interbank Offered Rate.
An Income Fund ALL DATA AS OF 9/30/12 A JFIAX B JFIBX C JFIGX I JFIIX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge Class A S&P/LSTA Performing Loan Index2 With 3% maximum sales charge Class A 8.24% 6.17% 4.69% The Funds net annual operating expense ratio as of the current prospectus is 1.20%. The gross annual operating expense ratio of 1.21% is reduced due to a contractual expense reimbursement, which is in effect until at least 12/31/12 and may be terminated by the Adviser any time after this date. The Adviser may recapture operating expenses reimbursed subsequent to 1/1/09, for a period of three years following the beginning of the month in which the reimbursement occurred. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 1/2/08 to 9/30/12 1-year 11.59% 11.24% 3-year 7.25% 7.84% 5-year 10-year Life of Fund (1/2/08) 5.36% 5.66%

Q3

I 2012
Why John Hancock Funds?
u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 2007 2008 24.39 2009 41.26 2010 9.59 2011 1.82

84

1 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 2 The S&P/LSTA Performing Loan Index is a subset of the S&P/LSTA Leveraged Loan Index tracking returns in the leveraged loan market and capturing a broad cross-section of the U.S. leveraged loan market, including dollar-denominated, U.S.-syndicated loans to overseas issuers and excluding those in default. It is not possible to invest directly in an index.

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11/1/2012 11:17:26 AM

ALL DATA AS OF 9/30/12

John Hancock Floating Rate Income Fund


KEY FACTS u Western Asset Management is one of the worlds premier fixed-income managers. With offices in Pasadena, New York, London, Tokyo, Singapore, Hong Kong, Melbourne and Sao Paulo, Westerns only business is fixed income. u Bank loans have historically provided a lower correlation to other traditional fixed-income and equity asset classes. u Western seeks loans with strong underlying business fundamentals in leading industries that are stable, predictable and have high barriers to entry with proven and experienced management teams. TEN LARGEST ISSUERS3 Univision Communications, Inc. Intelsat Jackson Holdings SA Caesars Entertainment Operating Company, Inc. Texas Competitive Electric Holdings First Data Corp. SECTOR COMPOSITION3 Consumer Discretionary Health Care Industrials Materials Utilities Information Technology Consumer Staples Telecommunication Services Financials Energy WHAT YOU SHOULD KNOW BEFORE INVESTING 25.69% 13.88% 13.48% 7.65% 6.34% 5.99% 5.79% 5.51% 5.20% 5.04% 2.29% 2.00% 1.81% 1.81% 1.75% Chesapeake Energy Corp. Del Monte Corp. Realogy Corp. Dunkin Brands, Inc. Schaeffler AG TOTAL 1.72% 1.32% 1.26% 1.25% 1.24% 16.45%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser Western Asset Management Company Portfolio Managers Michael Buchanan Portfolio Manager Managed the Fund since it began in 2007 Began career in 1990 Timothy J. Settel Portfolio Manager Managed the Fund since it began in 2007 Began career in 1993 Stephen Walsh Portfolio Manager Managed the Fund since it began in 2007 Began career in 1981 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover4 Number of holdings FIXED INCOME CHARACTERISTICS Average maturity Duration SEC 30-day yield
5

1/2/08 $2,729.6 80% 223

2.86 yrs 0.53 yrs 4.15%

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. If the Fund invests in illiquid securities, it may be difficult to sell them at a price approximating their value. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. The Fund may invest its assets in a small number of issuers. Performance could suffer significantly from adverse events affecting these issuers. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 5 The Funds unsubsidized yield as of 9/30/12 was 4.13%. Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 328HS 10/12

85

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11/1/2012 11:17:31 AM

John Hancock

Government Income Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a high level of current income consistent with preservation of capital. Strategy: Invests a majority of its assets in obligations issued or guaranteed by the U.S. government and its agencies, authorities and instrumentalities over time as expectations change.

An Income Fund ALL DATA AS OF 9/30/12

A JHGIX

B TSGIX

C TCGIX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge Class A Barclays Capital U.S. Government Bond Index2 With 4.5% maximum sales charge Class A 1-year 5.04% 2.95% 0.35% 3-year 5.54% 5.15% 3.94% 5-year 6.05% 6.01% 5.08% 10-year 4.31% 4.74% 3.82% Life of Fund (9/30/94) 5.90% 6.43% 5.63%

Q3

I 2012

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

The Funds net annual operating expense ratio as of the current prospectus is 0.98%. The gross annual operating expense ratio of 1.15% is reduced due to a contractual expense reimbursement, which is in effect until at least 9/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 9/30/94 to 9/30/12

YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 10.26 2003 1.09 2004 2.70 2005 1.73 2006 3.70 2007 6.14 2008 5.87 2009 4.73 2010 5.84 2011 6.22

86

1 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 2 The Barclays Capital U.S. Government Bond Index is comprised of government securities, mortgage-backed securities, asset-backed securities and corporate securities to simulate the universe of bonds in the market. It is not possible to invest directly in an index.

QFG.indb 86

11/1/2012 11:17:32 AM

ALL DATA AS OF 9/30/12

John Hancock Government Income Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u In addition to a high level of income, the Fund seeks to maintain a stable share price, which may make it appropriate for investors seeking a conservative fixed-income portfolio. u The Funds two portfolio managers have over 40 years of combined investment experience. TEN LARGEST ISSUERS3 Federal National Mortgage Association 53.63% Federal Home Loan Mortgage Corp. 20.15% United States Treasury Note/Bond 6.48% U.S. Treasury Notes/Bonds 2.95% LB-UBS Commercial Mortgage Trust 1.72% JPMorgan Chase Comm. Mortg. Sec. WaMu Mortgage FHLMC Multifamily Structured Pass Through Certificates COMM 2007-C9 Mortgage Trust Home Equity Asset Trust TOTAL 1.05% 0.82% 0.77% 0.72% 0.63% 88.92%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Howard Greene, CFA Senior Portfolio Manager Joined Fund team in 2006 Began career in 1979 Jeffrey Given, CFA Portfolio Manager Joined Fund team in 1998 Began career in 1993 KEY STATISTICS U.S. Government Agency Financials U.S. Government Asset-Backed Securities Telecommunication Services 74.78% 9.85% 9.43% 3.02% 0.40% Class A Inception Total net assets (mil) Portfolio turnover
4

SECTOR COMPOSITION3

9/30/94 $371.8 95% 146

Number of holdings FIXED INCOME CHARACTERISTICS Average maturity Duration

5.98 yrs 2.24 yrs 3.17%

WHAT YOU SHOULD KNOW BEFORE INVESTING

SEC 30-day yield

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Hedging and other strategic transactions may increase the volatility of a fund and, if the transaction is not successful, could result in a significant loss. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 5 The Funds unsubsidized yield as of 9/30/12 was 3.03%. Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 560HS 10/12

87

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11/1/2012 11:17:35 AM

John Hancock

High Yield Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a high level of current income. Capital appreciation is a secondary goal. Strategy: Invests primarily in fixed-income securities rated below investment grade. Management attempts to identify securities that are undervalued and may invest in U.S. and foreign corporate and government bonds, notes, convertible securities, preferred stock and common stock.
An Income Fund ALL DATA AS OF 9/30/12 A JHHBX B TSHYX C JHYCX I JYHIX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge Class A Bank of America Merrill Lynch High Yield Master II Index1 With 4.5% maximum sales charge Class A 1-year 3-year 20.25% 12.38% 18.89% 12.60% 14.83% 10.66% 5-year 1.27% 9.07% 0.34% 10-year 8.31% 10.77% 7.81% Life of Fund (6/30/93) 6.04% 7.81% 5.79%

Q3

I 2012

Why John Hancock Funds?


u Extensive Research, Proven Managers Our investment team conducts ongoing research to identify proven managers who have specialized expertise in their respective asset class or strategy and who meet our requirements for performance, style consistency and risk management. As a result, we give you access to an impressive roster of institutional asset managers not typically available to retail investors. u A Focus on Your Success We are committed to you and your success. Our ultimate objective is to help you achieve your long-term financial goals. u A Brand You Know and Trust John Hancock has been helping individuals and institutions build and protect wealth since 1862. At a time when trust and confidence are at a premium, we are proud to offer a full range of investment strategies that carry one of Americas strongest and most recognized corporate brands.

The Funds total annual operating expense ratio as of the current prospectus is 1.07%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 6/30/93 to 9/30/12

YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 0.44 88 2003 39.91 2004 9.00 2005 3.59 2006 20.25 2007 1.21 2008 48.45 2009 69.57 2010 24.85 2011 13.15

1 The Bank of America Merrill Lynch High Yield Master II Index is composed of U.S. currency high-yield bonds issued by U.S. and non-U.S. issuers. It is not possible to invest directly in an index.

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ALL DATA AS OF 9/30/12

John Hancock High Yield Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The Fund offers the potential to provide higher income and capital appreciation over the long term than traditional fixed-income funds. u Management employs a value-oriented approach to investing in high-yield securities, seeking bonds that are currently mispriced or selling at a discount. TEN LARGEST ISSUERS2 Greektown Superholdings, Inc. Canadian Satellite Radio Holdings, Inc. Mohegan Tribal Gaming Authority Continental Airlines Finance Trust II Clear Channel Communications, Inc. 6.01% 4.52% 4.50% 4.22% 3.53% XM Satellite Radio Holdings, Inc. iStar Financial, Inc. Beazer Homes USA, Inc. Realogy Corp. Rain CII Carbon LLC and CII Carbon Corp TOTAL 3.44% 2.94% 2.80% 2.46% 2.16% 36.58%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers John Iles Portfolio Manager Joined Fund team in 2008 Began career in 1984 Joseph Rizzo Portfolio Manager Joined Fund team in 2008 Began career in 1994 Dennis McCafferty, CFA Portfolio Manager Joined Fund team in 2009 Began career in 1995 John F. Addeo, CFA Portfolio Manager Joined Fund team in 2012 Began career in 1984 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover
3

SECTOR COMPOSITION

Consumer Discretionary Materials Financials Industrials Energy Telecommunication Services Consumer Staples Health Care Utilities Asset-Backed Securities WHAT YOU SHOULD KNOW BEFORE INVESTING

42.41% 13.17% 13.04% 7.86% 6.07% 4.70% 3.20% 2.44% 1.02% 0.81%

6/30/93 $597.9 46% 189

Number of holdings FIXED INCOME CHARACTERISTICS Average maturity Duration SEC 30-day yield

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Stocks and other equities have generally outperformed other asset classes over the long term, but may fluctuate more dramatically over the short term. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Investments concentrated in one sector may fluctuate more widely than investments across diversified sectors. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

6.91 yrs 3.60 yrs 6.06%

Visit us at www.jhfunds.com
2 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 3 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 570HS 10/12

89

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11/1/2012 11:17:42 AM

John Hancock

Income Fund
SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a high level of current income. Strategy: Invests primarily in three major fixed-income sectors: foreign government and corporate debt securities, U.S. government and agency securities, and U.S. high-yield bonds. The management team emphasizes the sectors they believe have the most potential and may adjust allocations over time as expectations change.
An Income Fund ALL DATA AS OF 9/30/12 A JHFIX B STIBX C JSTCX I JSTIX R1 JSTRX

AVERAGE ANNUAL TOTAL RETURNS Without maximum sales charge 1-year Class A 13.65% Barclays Capital U.S. Aggregate Bond Index1 5.16% Morningstar Multisector Bond Average 12.56% With 4.5% maximum sales charge Class A 8.61% 3-year 9.89% 6.19% 9.32% 8.22% 5-year 8.26% 6.53% 6.69% 7.26% 10-year 8.16% 5.32% 7.90% 7.66% Life of Fund (8/18/86) 7.55% 7.12% 6.88% 7.36%

Q3

I 2012

MORNINGSTAR RATING (CLASS A) Overall rating

HHH

The Funds total annual operating expense ratio as of the current prospectus is 0.93%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT Class A without sales charge 8/18/86 to 9/30/12

(out of 203 Multisector Bond funds)

The Fund was rated 3 stars, 4 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHH

(out of 203 Multisector Bond funds)

The Fund was rated 4 stars, 4 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 203, 168 and 107 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* YEAR-BY-YEAR TOTAL RETURNS (%) CLASS A WITHOUT SALES CHARGE 2002 7.30 90 2003 16.88 2004 8.75 2005 2.28 2006 4.48 2007 5.57 2008 10.85 2009 29.46 2010 14.91 2011 1.68

1 The Barclays Capital U.S. Aggregate Bond Index is comprised of government securities, mortgage-backed securities, asset-backed securities and corporate securities to simulate the universe of bonds in the market. It is not possible to invest directly in an index.

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11/1/2012 11:17:43 AM

ALL DATA AS OF 9/30/12

John Hancock Income Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The Fund has a flexible investment strategy that allows it to seek the most attractive fixedincome opportunities available as market conditions change. u Although the Fund may invest in bonds of any credit quality, it typically maintains an average credit quality in the investment-grade range. TEN LARGEST ISSUERS2 Republic of Philippines Republic of Korea Government of New Zealand Kreditanstalt fur Wiederaufbau Province of Ontario 4.04% 3.23% 2.65% 2.32% 2.02% Kingdom of Sweden General Electric Capital Corp. Republic of Indonesia Queensland Treasury Corp. European Investment Bank TOTAL 1.73% 1.68% 1.57% 1.40% 1.19% 21.83%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Daniel Janis III Senior Portfolio Manager Joined Fund team in 1999 Began career in 1984 John Iles Portfolio Manager Joined Fund team in 2005 Began career in 1984 Barry Evans, CFA President Joined Fund team in 2006 Began career in 1986 Thomas Goggins Senior Portfolio Manager Joined Fund team in 2009 Began career in 1989 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover3 Number of holdings FIXED INCOME CHARACTERISTICS Average maturity Duration SEC 30-day yield 7.28 yrs 3.95 yrs 4.36% 8/18/86 $3,330.9 42% 540

SECTOR COMPOSITION2 Financials Foreign Government Obligations Consumer Discretionary Industrials Materials Telecommunication Services Energy Health Care Consumer Staples Utilities WHAT YOU SHOULD KNOW BEFORE INVESTING 27.16% 26.24% 14.14% 7.04% 5.97% 4.91% 4.32% 3.64% 2.40% 1.36%

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Currency transactions are impacted by fluctuations in exchange rates, which may adversely affect the U.S. dollar value of a funds investments. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
2 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 3 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 910HS 10/12

91

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11/1/2012 11:17:48 AM

John Hancock

Investment Grade Bond Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a high level of current income consistent with preservation of capital and maintenance of liquidity. Strategy: Invests primarily in investment-grade bonds which may include, but are not limited to, corporate bonds and debentures, as well as U.S. government and agency securities.
An Income Fund ALL DATA AS OF 9/30/12 A TAUSX B TSUSX C TCUSX I TIUSX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge Class A Barclays Capital U.S. Aggregate Bond Index2 With 4.5% maximum sales charge Class A 4.07% 6.84% 6.36% 5.13% 5.65% The Funds net annual operating expense ratio as of the current prospectus is 0.98%. The gross annual operating expense ratio of 1.00% is reduced due to a contractual expense reimbursement, which is in effect until at least 9/30/13 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 12/31/91 to 9/30/12 1-year 8.99% 5.16% 3-year 8.50% 6.19% 5-year 7.35% 6.53% 10-year 5.61% 5.32% Life of Fund (12/31/91) 5.89% 6.46%

Q3
MORNINGSTAR RATING (CLASS A) Overall rating

I 2012
HHH
(out of 1,019 Intermediate-Term Bond funds)

The Fund was rated 3 stars for the 3-, 5- and 10-year periods. Load-waived rating

HHHH

(out of 1,019 Intermediate-Term Bond funds)

The Fund was rated 4 stars, 4 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 1,019, 888 and 615 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 9.61 2003 4.62 2004 3.60 2005 1.59 2006 4.37 2007 5.33 2008 6.63 2009 19.16 2010 10.08 2011 5.51

92

1 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 2 The Barclays Capital U.S. Aggregate Bond Index is comprised of government securities, mortgage-backed securities, asset-backed securities and corporate securities to simulate the universe of bonds in the market. It is not possible to invest directly in an index.

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11/1/2012 11:17:50 AM

ALL DATA AS OF 9/30/12

John Hancock Investment Grade Bond Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The Fund may be appropriate for conservative investors who are seeking income from a diversified portfolio of high-quality bonds of medium maturity (dollar-weighted average maturity is typically 310 years). u The Funds three portfolio managers have over 60 years of combined investment experience. TEN LARGEST ISSUERS3 Federal National Mortgage Association 26.56% Federal Home Loan Mortgage Corp. 10.41% United States Treasury Note/Bond 6.94% LB-UBS Commercial Mortgage Trust 1.47% JPMorgan Chase Comm. Mortg. Sec. 1.22% Morgan Stanley 0.86% Banc of America Commercial Mortgage 0.83% Enterprise Products Operating LLC 0.80% University of Texas 0.79% General Electric Capital Corp. 0.66% TOTAL 50.54%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Barry Evans, CFA President Joined Fund team in 1995 Began career in 1986 Howard Greene, CFA Senior Portfolio Manager Joined Fund team in 2003 Began career in 1979 Jeffrey Given, CFA Portfolio Manager Joined Fund team in 1998 Began career in 1993 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover4 Number of holdings FIXED INCOME CHARACTERISTICS Average maturity Duration SEC 30-day yield 7.50 yrs 3.84 yrs 3.09% 12/31/91 $224.8 85% 415

SECTOR COMPOSITION3 U.S. Government Agency Financials U.S. Government Consumer Discretionary Industrials Asset-Backed Securities Energy Materials Utilities Telecommunication Services WHAT YOU SHOULD KNOW BEFORE INVESTING 38.36% 30.78% 7.25% 3.34% 3.32% 3.19% 3.01% 2.36% 1.85% 1.84%

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk and their value may fluctuate in response to the markets perception of issuer creditworthiness. Hedging and other strategic transactions may increase the volatility of a fund and, if the transaction is not successful, could result in a significant loss. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 550HS 10/12

93

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11/1/2012 11:17:55 AM

John Hancock

Strategic Income Opportunities Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks to maximize total return consisting of current income and capital appreciation. Strategy: The Fund seeks to maximize total return consisting of current income and capital appreciation by investing at least 80% of its assets in the following types of securities, which may be denominated in U.S. dollars or non-U.S. currencies: foreign government and corporate debt securities from developed and emerging markets, U.S. government and agency securities, domestic high-yield bonds and investment grade corporate bonds, and currency instruments.
An Income Fund ALL DATA AS OF 9/30/12 A JIPAX C JIPCX I JIPIX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge 1-year Class A 14.04% Barclays Capital U.S. Aggregate Bond Index2 5.16% Morningstar Multisector Bond Average 12.56% With 4.5% maximum sales charge Class A 8.91% 3-year 9.88% 6.19% 9.32% 8.21% 5-year 8.65% 6.53% 6.69% 7.65% 10-year 7.90% Life of Fund (4/28/06) 7.71% 6.50% 6.11% 6.94%

Q3

I 2012

MORNINGSTAR RATING (CLASS A) Overall rating

IIII
(out of 203 Multisector Bond funds)

The Fund was rated 3 stars and 4 stars for the 3- and 5-year periods, respectively. Load-waived rating

4/28/06 is the inception date for the oldest class of shares, NAV shares. Class A shares were first offered on 1/4/10; returns prior to this date are those of the Class NAV shares that have been recalculated to reflect the gross fees and expenses of Class A. The Funds net annual operating expense ratio as of the current prospectus is 1.19%. The gross annual operating expense ratio of 1.25% is reduced due to a contractual expense reimbursement, which is in effect until at least 12/31/12 and may be terminated by the Adviser any time after this date. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 4/28/06 to 9/30/12

IIII

(out of 203 Multisector Bond funds)

The Fund was rated 3 stars and 5 stars for the 3- and 5-year periods, respectively. Overall rating is based on 3- and 5-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The ratings shown are based on the historical adjusted returns prior to the date Class A shares were first offered (1/4/10). These hypothetical calculated returns reflect the historical performance of the Class NAV shares, adjusted to reflect the gross fees and expenses of Class A. The Fund was rated out of 203 and 168 funds for the 3- and 5-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Loadwaived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* 94

YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 2003 2004 2005 2006 2.063 2007 5.05 2008 9.18 2009 30.20 2010 14.96 2011 1.53

1 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. 2 The Barclays Capital U.S. Aggregate Bond Index is comprised of government securities, mortgage-backed securities, asset-backed securities and corporate securities to simulate the universe of bonds in the market. It is not possible to invest directly in an index. 3 Results since inception (not annualized).

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11/1/2012 11:17:56 AM

ALL DATA AS OF 9/30/12

John Hancock Strategic Income Opportunities Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The Fund has a flexible investment strategy that allows it to seek the most attractive fixedincome opportunities available as market conditions change. u Although the Fund may invest in bonds of any credit quality, it typically maintains an average credit quality in the investment-grade range. TEN LARGEST ISSUERS4 Republic of Korea Republic of Philippines Government of New Zealand Republic of Indonesia Kreditanstalt fur Wiederaufbau 3.61% 3.53% 3.43% 1.95% 1.54% Government of Canada Queensland Treasury Corp. Republic of Singapore U.S. Treasury Note/Bond Federation of Malaysia TOTAL 1.53% 1.53% 1.49% 1.44% 1.25% 21.30%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Investment Management Services, LLC Subadviser John Hancock Asset Management Portfolio Managers Daniel Janis III Senior Portfolio Manager Managed Fund since its inception Began career in 1984 John Iles Portfolio Manager Managed Fund since its inception Began career in 1984 Thomas Goggins Senior Portfolio Manager Joined Fund team in 2009 Began career in 1989 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover5 Number of holdings FIXED INCOME CHARACTERISTICS 1/4/10 $3,293.3 40% 620

SECTOR COMPOSITION4 Foreign Government Obligations Financials Consumer Discretionary Industrials Materials Telecommunication Services Energy Utilities Health Care Consumer Staples WHAT YOU SHOULD KNOW BEFORE INVESTING 27.35% 26.19% 10.15% 5.58% 5.08% 4.48% 4.14% 3.38% 2.98% 2.04%

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Currency transactions are impacted by fluctuations in exchange rates, which may adversely affect the U.S. dollar value of a funds investments. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Average maturity Duration SEC 30-day yield


6

7.40 yrs 2.82 yrs 3.66%

Visit us at www.jhfunds.com
4 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 The Funds unsubsidized yield as of 9/30/12 was 3.61%. Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 356HS 10/12

95

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11/1/2012 11:18:02 AM

John Hancock

California Tax-Free Income Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a high level of current income consistent with preservation of capital. Strategy: Invests in municipal securities that are exempt from federal and California state personal income taxes. The management team utilizes a strategy designed to find undervalued bonds, based on their creditworthiness and the structure of their bonds.

A Tax-Free Income Fund ALL DATA AS OF 9/30/12

A TACAX

B TSCAX

C TCCAX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge Class A Barclays Capital Municipal Bond Index2 Morningstar Muni California Long Average With 4.5% maximum sales charge Class A 1-year 11.10% 8.32% 11.57% 6.12% 3-year 6.93% 5.99% 6.70% 5.31% 5-year 5.59% 6.06% 5.32% 4.61% 10-year 4.57% 5.03% 4.40% 4.09% Life of Fund (12/29/89) 6.07% 6.39% 5.73% 5.86%

Q3

I 2012

MORNINGSTAR RATING (CLASS A) Overall rating

HHH

The Funds total annual operating expense ratio as of the current prospectus is 0.86%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 12/29/89 to 9/30/12

(out of 135 Muni California Long funds)

The Fund was rated 2 stars, 3 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHH

(out of 135 Muni California Long funds)

The Fund was rated 4 stars for the 3-, 5- and 10-year periods. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 135, 129 and 107 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 7.99
1 2

2003 3.94

2004 4.46

2005 4.12

2006 5.03

2007 1.38

2008 11.87

2009 18.12

2010 3.23

2011 12.05

96

Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The Barclays Capital Municipal Bond Index is an unmanaged index representative of the tax-exempt bond market. It is not possible to invest directly in an index.

QFG.indb 96

11/1/2012 11:18:03 AM

ALL DATA AS OF 9/30/12

John Hancock California Tax-Free Income Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The Fund provides a predictable income stream through monthly dividend payments. u Since the Fund purchases California municipal securities, youre making an investment in your community. TEN LARGEST INDUSTRIES3 General Obligation Transportation Tobacco Education & Civic Organizations Facilities AFTER-TAX INCOME4 Investing in a municipal bond fund may help you keep more of your income. Consider a hypothetical one-year return of a $100,000 investment: Tax-free investment yielding 3.5% 15.01% 12.30% 11.71% 11.57% 11.37% Other Revenue Special Tax Tax Obligation Health Care Power 9.24% 7.88% 5.85% 3.47% 2.42%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Dianne Sales, CFA Portfolio Manager Joined Fund team in 1995 Began career in 1984 Frank Lucibella, CFA Portfolio Manager Rejoined Fund team in 2005 Began career in 1982 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover5 Number of holdings FIXED INCOME CHARACTERISTICS 12/29/89 $277.1 9% 114

Assumes no taxes Taxable investment yielding 5.0% 41.00% tax rate

Average maturity Duration SEC 30-day yield Tax-equivalent yield6

14.85 yrs 5.64 yrs 2.84% 4.82%

Tax rates are based on the highest maximum combined federal and California state personal income tax rates.

WHAT YOU SHOULD KNOW BEFORE INVESTING

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Municipal bond prices can decline due to fiscal mismanagement or tax shortfalls, or if related projects become unprofitable. The Fund may invest its assets in a small number of issuers. Performance could suffer significantly from adverse events affecting these issuers. If the Fund invests heavily in any one state or region, performance could be disproportionately affected by factors particular to that state or region. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 A portion of the income may be subject to state and/or local taxes. Capital gains are fully taxable. Some investors may be subject to the federal Alternative Minimum Tax (AMT). 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 Tax-equivalent yield is based on the maximum federal income tax at an effective rate of 35.00% and state tax rate of 9.30%. Other share classes will differ due to varying fund expenses. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 530HS 10/12

97

QFG.indb 97

11/1/2012 11:18:06 AM

John Hancock

High Yield Municipal Bond Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a high level of current income consistent with preservation of capital. Strategy: Invests in municipal securities that are largely exempt from federal taxes. The management team utilizes a strategy designed to find undervalued bonds, based on their creditworthiness and the structure of their bonds.

A Tax-Free Income Fund ALL DATA AS OF 9/30/12

A JHTFX

B TSHTX

C JCTFX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge Class A Barclays Capital Municipal Bond Index2 Morningstar High Yield Muni Average With 4.5% maximum sales charge Class A 1-year 12.12% 8.32% 13.64% 7.07% 3-year 7.25% 5.99% 8.01% 5.61% 5-year 5.62% 6.06% 3.90% 4.64% 10-year 5.39% 5.03% 4.64% 4.90% Life of Fund (12/31/93) 5.01% 5.61% 4.72% 4.75%

Q3

I 2012

MORNINGSTAR RATING (CLASS A) Overall rating

HHH

The Funds total annual operating expense ratio as of the current prospectus is 0.87%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 12/31/93 to 9/30/12

(out of 142 High Yield Muni funds)

The Fund was rated 1 stars, 3 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHH

(out of 142 High Yield Muni funds)

The Fund was rated 3 stars, 4 stars and 4 stars for the 3-, 5- and 10-year periods, respectively. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 142, 126 and 91 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 5.07
1 2

2003 5.47

2004 7.38

2005 6.85

2006 6.79

2007 0.78

2008 15.34

2009 25.17

2010 2.60

2011 10.17

98

Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The Barclays Capital Municipal Bond Index is an unmanaged index representative of the tax-exempt bond market. It is not possible to invest directly in an index.

QFG.indb 98

11/1/2012 11:18:08 AM

ALL DATA AS OF 9/30/12

John Hancock High Yield Municipal Bond Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u Because the Fund invests in municipal securities, you could benefit from reduced taxes on your investment income. u The Fund provides a predictable income stream through monthly dividend payments. TEN LARGEST INDUSTRIES3 Development Airport Transportation Pollution Power AFTER-TAX INCOME4 Investing in a municipal bond fund may help you keep more of your income. Consider a hypothetical one-year return of a $100,000 investment: Tax-free investment yielding 3.5% 18.93% 10.17% 9.41% 8.45% 8.28% Water & Sewer Other Revenue Health Care Tobacco Health Care Services 7.11% 6.04% 5.36% 4.56% 4.15%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Dianne Sales, CFA Portfolio Manager Joined Fund team in 1995 Began career in 1984 Frank Lucibella, CFA Portfolio Manager Rejoined Fund team in 2005 Began career in 1982 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover5 Number of holdings FIXED INCOME CHARACTERISTICS 12/31/93 $306.0 21% 177

Assumes no taxes Taxable investment yielding 5.0% 35.00% tax rate

Average maturity Duration SEC 30-day yield6 Tax-equivalent yield7

19.23 yrs 6.13 yrs 2.96% 4.55%

33.00% tax rate

Tax rates are based on the highest and second-highest maximum federal income tax rates.

WHAT YOU SHOULD KNOW BEFORE INVESTING

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Municipal bond prices can decline due to fiscal mismanagement or tax shortfalls, or if related projects become unprofitable. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 A portion of the income may be subject to state and/or local taxes. Capital gains are fully taxable. Some investors may be subject to the federal Alternative Minimum Tax (AMT). 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 The Funds unsubsidized yield as of 9/30/12 was 2.86%. Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers. 7 Tax-equivalent yield is based on the maximum federal income tax at an effective rate of 35.00%. Other share classes will differ due to varying fund expenses. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 590HS 10/12

99

QFG.indb 99

11/1/2012 11:18:11 AM

John Hancock

Massachusetts Tax-Free Income Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a high level of current income consistent with preservation of capital. Strategy: Invests in municipal securities that are exempt from federal and Massachusetts personal income taxes. The management team utilizes a strategy designed to find undervalued bonds, based on their creditworthiness and the structure of their bonds.

A Tax-Free Income Fund ALL DATA AS OF 9/30/12

A JHMAX

B JHMBX

C JMACX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge Class A Barclays Capital Municipal Bond Index2 Morningstar Muni Massachusetts Average With 4.5% maximum sales charge Class A 1-year 8.51% 8.32% 8.60% 3.60% 3-year 5.57% 5.99% 5.53% 3.96% 5-year 5.44% 6.06% 5.06% 4.47% 10-year 4.66% 5.03% 4.28% 4.18% Life of Fund (9/3/87) 6.48% 6.65% 5.79% 6.29%

Q3

I 2012

MORNINGSTAR RATING (CLASS A) Overall rating

HHH

The Funds total operating expense ratio as of the current prospectus is 0.85%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 9/3/87 to 9/30/12

(out of 70 Muni Massachusetts funds)

The Fund was rated 2 stars, 3 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHH

(out of 70 Muni Massachusetts funds)

The Fund was rated 4 stars for the 3-, 5- and 10-year periods. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 70, 67 and 56 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently*. YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 9.56
1 2

2003 6.18

2004 4.28

2005 3.43

2006 3.99

2007 2.57

2008 4.58

2009 13.87

2010 0.22

2011 11.71

100

Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The Barclays Capital Municipal Bond Index is an unmanaged index representative of the tax-exempt bond market. It is not possible to invest directly in an index.

QFG.indb 100

11/1/2012 11:18:12 AM

ALL DATA AS OF 9/30/12

John Hancock Massachusetts Tax-Free Income Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The Fund provides a predictable income stream through monthly dividend payments. u Since the Fund purchases Massachusetts municipal securities, youre making an investment in your community. TEN LARGEST INDUSTRIES3 Education & Civic Organizations Transportation Water & Sewer Housing General Obligation AFTER-TAX INCOME4 Investing in a municipal bond fund may help you keep more of your income. Consider a hypothetical one-year return of a $100,000 investment: Tax-free investment yielding 3.5% 17.38% 16.97% 12.65% 7.89% 7.29% Health Care Development Tax Obligation Utilities Pollution 6.92% 4.87% 4.84% 4.20% 3.52%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Dianne Sales, CFA Portfolio Manager Joined Fund team in 1995 Began career in 1984 Frank Lucibella, CFA Portfolio Manager Rejoined Fund team in 2005 Began career in 1982 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover5 Number of holdings FIXED INCOME CHARACTERISTICS 9/3/87 $130.2 11% 91

Assumes no taxes Taxable investment yielding 5.0% 38.45% tax rate

Average maturity Duration SEC 30-day yield6 Tax-equivalent yield7

15.94 yrs 5.17 yrs 2.11% 3.43%

Tax rates are based on the highest maximum combined federal and Massachusetts state income tax rates.

WHAT YOU SHOULD KNOW BEFORE INVESTING

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Municipal bond prices can decline due to fiscal mismanagement or tax shortfalls, or if related projects become unprofitable. If the Fund invests heavily in any one state or region, performance could be disproportionately affected by factors particular to that state or region. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment decline. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 A portion of the income may be subject to state and/or local taxes. Capital gains are fully taxable. Some investors may be subject to the federal Alternative Minimum Tax (AMT). 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 The Funds unsubsidized yield as of 9/30/12 was 1.97%. Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers. 7 Tax-equivalent yield is based on the maximum federal income tax at an effective rate of 35.00% and state tax rate of 5.30%. Other share classes will differ due to varying fund expenses. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 770HS 10/12

101

QFG.indb 101

11/1/2012 11:18:15 AM

John Hancock

New York Tax-Free Income Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a high level of current income consistent with preservation of capital. Strategy: Invests in municipal securities that are exempt from federal and New York state personal income taxes. The management team utilizes a strategy designed to find undervalued bonds, based on their creditworthiness and the structure of their bonds.

A Tax-Free Income Fund ALL DATA AS OF 9/30/12

A JHNYX

B JNTRX

C JNYCX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge Class A Barclays Capital Municipal Bond Index2 Morningstar Muni New York Long Average With 4.5% maximum sales charge Class A 1-year 9.84% 8.32% 9.36% 4.88% 3-year 6.25% 5.99% 5.84% 4.65% 5-year 5.60% 6.06% 5.21% 4.64% 10-year 4.50% 5.03% 4.40% 4.02% Life of Fund (9/13/87) 6.42% 6.65% 6.19% 6.23%

Q3

I 2012

MORNINGSTAR RATING (CLASS A) Overall rating

HHH

The Funds total annual operating expense ratio as of the current prospectus is 0.91%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 9/13/87 to 9/30/12

(out of 101 Muni New York Long funds)

The Fund was rated 2 stars, 3 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHH

(out of 101 Muni New York Long funds)

The Fund was rated 4 stars for the 3-, 5- and 10-year periods. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 101, 93 and 88 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 8.60
1 2

2003 4.39

2004 4.43

2005 3.16

2006 4.68

2007 1.40

2008 4.01

2009 13.18

2010 1.89

2011 9.54

102

Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The Barclays Capital Municipal Bond Index is an unmanaged index representative of the tax-exempt bond market. It is not possible to invest directly in an index.

QFG.indb 102

11/1/2012 11:18:16 AM

ALL DATA AS OF 9/30/12

John Hancock New York Tax-Free Income Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u The Fund provides a predictable income stream through monthly dividend payments. u Since the Fund purchases New York municipal securities, youre making an investment in your community. TEN LARGEST INDUSTRIES3 Education & Civic Organizations Water & Sewer Transportation Development Other Revenue AFTER-TAX INCOME4 Investing in a municipal bond fund may help you keep more of your income. Consider a hypothetical one-year return of a $100,000 investment: Tax-free investment yielding 3.5% 23.67% 11.26% 9.47% 9.19% 6.59% Health Care Airport Tax Obligation Power General Obligation 6.06% 5.65% 5.52% 4.55% 4.26%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Dianne Sales, CFA Portfolio Manager Joined Fund team in 1995 Began career in 1984 Frank Lucibella, CFA Portfolio Manager Rejoined Fund team in 2005 Began career in 1982 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover5 Number of holdings FIXED INCOME CHARACTERISTICS 9/13/87 $66.2 16% 53

Assumes no taxes Taxable investment yielding 5.0% 40.73% tax rate

Average maturity Duration SEC 30-day yield6 Tax-equivalent yield7

18.05 yrs 5.27 yrs 2.08% 3.51%

Tax rates are based on the highest maximum combined federal and New York state income tax rates.

WHAT YOU SHOULD KNOW BEFORE INVESTING

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Municipal bond prices can decline due to fiscal mismanagement or tax shortfalls, or if related projects become unprofitable. If the Fund invests heavily in any one state or region, performance could be disproportionately affected by factors particular to that state or region. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 A portion of the income may be subject to state and/or local taxes. Capital gains are fully taxable. Some investors may be subject to the federal Alternative Minimum Tax (AMT). 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 The Funds unsubsidized yield as of 9/30/12 was 1.94%. Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers. 7 Tax-equivalent yield is based on the maximum federal income tax at an effective rate of 35.00% and state tax rate of 8.82%. Other share classes will differ due to varying fund expenses. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 760HS 10/12

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John Hancock

Tax-Free Bond Fund


SUBADVISED BY JOHN HANCOCK ASSET MANAGEMENT Goal: Seeks a high level of interest income consistent with preservation of capital. Strategy: Invests in municipal securities that are exempt from federal income tax. The management team utilizes a strategy designed to find undervalued bonds, based on their creditworthiness and the structure of their bonds.

A Tax-Free Income Fund ALL DATA AS OF 9/30/12

A TAMBX

B TSMBX

C TBMBX

AVERAGE ANNUAL TOTAL RETURNS1 Without maximum sales charge Class A Barclays Capital Municipal Bond Index2 Morningstar Muni National Long Average With 4.5% maximum sales charge Class A 1-year 9.24% 8.32% 10.29% 4.35% 3-year 5.93% 5.99% 6.11% 4.34% 5-year 5.54% 6.06% 5.20% 4.58% 10-year 4.68% 5.03% 4.35% 4.20% Life of Fund (1/5/90) 6.06% 6.39% 5.63% 5.84%

Q3

I 2012

MORNINGSTAR RATING (CLASS A) Overall rating

HHH

The Funds total annual operating expense ratio as of the current prospectus is 0.85%. Expenses for other share classes will vary, which will affect returns. Performance figures assume that all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied. For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291. The performance data contained within this material represents past performance, which does not guarantee future results. The return and principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Funds current performance may be higher or lower and is subject to substantial changes. GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT1 Class A without sales charge 1/5/90 to 9/30/12

(out of 219 Muni National Long funds)

The Fund was rated 2 stars, 3 stars and 3 stars for the 3-, 5- and 10-year periods, respectively. Load-waived rating

HHHH

(out of 219 Muni National Long funds)

The Fund was rated 3 stars, 4 stars and 4 stars for the 3-, 5- and 10-year periods, respectively. Overall rating is based on 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a funds monthly performance. The Fund was rated out of 219, 205 and 175 funds for the 3-, 5- and 10-year periods, respectively. The overall rating includes effects of sales charges, loads and redemption fees, while the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase the Class A share without paying the front load. Other share classes may be rated differently.* YEAR-BY-YEAR TOTAL RETURNS1 (%) CLASS A WITHOUT SALES CHARGE 2002 7.17
1 2

2003 4.75

2004 4.91

2005 3.89

2006 5.16

2007 1.76

2008 5.34

2009 14.34

2010 1.20

2011 10.22

104

Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable. The Barclays Capital Municipal Bond Index is an unmanaged index representative of the tax-exempt bond market. It is not possible to invest directly in an index.

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ALL DATA AS OF 9/30/12

John Hancock Tax-Free Bond Fund


KEY FACTS u John Hancock Asset Management has provided investment advisory services for over 25 years, with expertise in global equity and global fixed-income investing. u Because the Fund invests in municipal securities, you could benefit from reduced taxes on your investment income. u The Fund provides a predictable income stream through monthly dividend payments. TEN LARGEST INDUSTRIES3 Transportation Power Education & Civic Organizations Utilities Airport AFTER-TAX INCOME4 Investing in a municipal bond fund may help you keep more of your income. Consider a hypothetical one-year return of a $100,000 investment: Tax-free investment yielding 3.5% 18.54% 12.46% 10.03% 8.13% 7.64% Other Revenue Tobacco Health Care General Obligation Development 7.16% 5.54% 5.22% 5.20% 5.01%

Q3

I 2012

PORTFOLIO MANAGEMENT Investment Adviser John Hancock Advisers, LLC Subadviser John Hancock Asset Management Portfolio Managers Dianne Sales, CFA Portfolio Manager Joined Fund team in 1995 Began career in 1984 Frank Lucibella, CFA Portfolio Manager Rejoined Fund team in 2005 Began career in 1982 KEY STATISTICS Class A Inception Total net assets (mil) Portfolio turnover5 Number of holdings FIXED INCOME CHARACTERISTICS 1/5/90 $508.0 25% 138

Assumes no taxes Taxable investment yielding 5.0% 35.00% tax rate

Average maturity Duration SEC 30-day yield6 Tax-equivalent yield7

17.45 yrs 5.72 yrs 2.25% 3.46%

33.00% tax rate

Tax rates are based on the highest and second-highest maximum federal income tax rates.

WHAT YOU SHOULD KNOW BEFORE INVESTING

Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve additional risks as these securities include a higher risk of default and loss of principal. Municipal bond prices can decline due to fiscal mismanagement or tax shortfalls, or if related projects become unprofitable. The use of hedging and derivatives transactions could produce disproportionate gains or losses and may increase volatility and costs. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend on the amount of income and/or dividends received by the Funds investments. The Fund may not be able to pay distributions or may have to reduce its distribution level if the amount of such income and/or dividends received from its investment declines. Therefore, distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please see the Funds prospectus.
A funds investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a prospectus, contact your financial professional, call John Hancock Funds at 1-800-225-5291 or visit our Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.

Visit us at www.jhfunds.com
3 Listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are expressed as a percentage of net assets and exclude cash and cash equivalents. 4 A portion of the income may be subject to state and/or local taxes. Capital gains are fully taxable. Some investors may be subject to the federal Alternative Minimum Tax (AMT). 5 The portfolio turnover is from the Funds most current annual report and is subject to change. Please see the annual report for further details regarding the turnover ratio. 6 The Funds unsubsidized yield as of 9/30/12 was 2.16%. Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers. 7 Tax-equivalent yield is based on the maximum federal income tax at an effective rate of 35.00%. Other share classes will differ due to varying fund expenses. * For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a funds monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star(s), respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

John Hancock Funds, LLC


MEMBER FINRA | SIPC

601 Congress Street n Boston, MA 02210-2805 1-800-225-5291 n 1-800-554-6713 TDD n www.jhfunds.com


NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. 520HS 10/12

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Symbols
Morningstar category DOMESTIC EQUITY Balanced Fund Classic Value Fund Disciplined Value Fund Disciplined Value Mid Cap Fund Fundamental All Cap Core Fund Fundamental Large Cap Core Fund Fundamental Large Cap Value Fund Large Cap Equity Fund Mid Cap Equity Fund Rainier Growth Fund Small Cap Equity Fund Small Cap Intrinsic Value Fund Small Company Fund Sovereign Investors Fund Strategic Growth Fund U.S. Equity Fund U.S. Global Leaders Growth Fund ASSET ALLOCATION Lifestyle Aggressive Portfolio Lifestyle Balanced Portfolio Lifestyle Conservative Portfolio Lifestyle Growth Portfolio Lifestyle Moderate Portfolio GLOBAL/INTERNATIONAL EQUITY Emerging Markets Fund Global Opportunities Fund Global Shareholder Yield Fund Greater China Opportunities Fund International Allocation Portfolio International Core Fund International Growth Fund International Value Equity Fund ALTERNATIVE/SPECIALTY Alternative Asset Allocation Fund Currency Strategies Fund Multialternative Currency JAAAX JCUAX N/A JAACX N/A Diversified Emerging Mkts World Stock World Stock China Region Foreign Large Blend Foreign Large Value Foreign Large Growth Foreign Large Value JEVAX JGPAX JGYAX JCOAX JAIAX GIDEX GOIGX JIEAX N/A JGPBX JGYBX JCOBX JAIBX GOCBX GONBX N/A N/A JGPCX JGYCX JCOCX JAICX GOCCX GONCX N/A Large Blend Moderate Allocation Conservative Allocation Aggressive Allocation Conservative Allocation JALAX JALBX JALRX JALGX JALMX JBLAX JBLBX JBLCX JBLGX JBLMX JCLAX JCLBX JCLCX JCLGX JCLMX Moderate Allocation Large Value Large Value Mid-Cap Value Large Growth Large Growth Large Value Large Growth Mid-Cap Growth Large Growth Small Growth Small Blend Small Blend Large Blend Large Growth Large Blend Large Growth SVBAX PZFVX JVLAX JVMAX JFCAX JFLAX JFVAX TAGRX JCEAX RGROX SPVAX JHIAX JCSAX SOVIX JSGAX JHUAX USGLX SVBBX JCVBX JVLBX N/A N/A N/A N/A TSGWX JCEBX RGRBX SPVBX JCIBX N/A SOVBX N/A N/A USLBX JHLVX JCECX RGRCX SPVCX JSICX N/A SOVCX N/A N/A USLCX SVBCX JCVCX JVLCX JVMCX Class A Class B Class C

106

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Q3
Morningstar category ALTERNATIVE/SPECIALTY Financial Industries Fund Global Absolute Return Strategies Fund Natural Resources Fund Regional Bank Fund Technical Opportunities Fund INCOME Bond Fund Core High Yield Fund Floating Rate Income Fund Government Income Fund High Yield Fund Income Fund Investment Grade Bond Fund Strategic Income Opportunities Fund TAX-FREE INCOME California Tax-Free Income Fund High Yield Municipal Bond Fund Massachusetts Tax-Free Income Fund New York Tax-Free Income Fund Tax-Free Bond Fund Muni California Long High Yield Muni Muni Massachusetts Muni New York Long Muni National Long TACAX JHTFX JHMAX JHNYX TAMBX TSCAX TSHTX JHMBX JNTRX TSMBX Intermediate-Term Bond High Yield Bond Bank Loan Intermediate Government High Yield Bond Multisector Bond Intermediate-Term Bond Multisector Bond JHNBX JYIAX JFIAX JHGIX JHHBX JHFIX TAUSX JIPAX JFIBX TSGIX TSHYX STIBX TSUSX N/A JFIGX JHBBX Financial Multialternative Natural Resources Financial World Stock FIDAX JHAAX JNRAX FRBAX JTCAX FIDBX N/A N/A FRBFX N/A Class A Class B

I 2012

Class C

FIDCX JHACX N/A FRBCX N/A

JHCBX

TCGIX JHYCX JSTCX TCUSX JIPCX

TCCAX JCTFX JMACX JNYCX TBMBX

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ROA/LOI Management Company Policies


Listed below, in question and answer format, are John Hancocks policies regarding Rights of Accumulation (ROA) and Letters of Intent (LOI) effective May 1, 2005.
COMBINATION PRIVILEGES

Combination privileges may apply to reduce sales charges on purchases of Class A shares made at one time. Our Statements of Additional Information (SAI) describe the various circumstances in which the combination privilege is permitted, including among family members, within a single trust account and among members of certain groups.

1 Define family members eligible for aggregation and age of children, if included. Purchases will be combined to reduce Class A sales charges if made by an individual, his/her spouse or their children under the age of 21, living in the same household. 2 Do you have a system to link accounts or is the breakpoint assigned on a per-trade basis? Yes, most non-dealer controlled accounts established directly with the Fund via application are linked for accumulation based on the same Tax ID number and the same client name. On accounts established via Networking/NSCC, the dealer must pass the appropriate breakpoint in the order data. To receive a reduced sales charge, the investor must tell his/her financial adviser or Signature Services, at the time of the purchase, about any other John Hancock mutual funds held by that investor, his/her spouse or their children under the age of 21, living in the same household. 3 Is there a form required to link accounts or can it be done via phone? Accounts can be linked via phone. There is also a section on our account application to indicate accounts that should be linked for combination privileges.
RIGHTS OF ACCUMULATION

1 List funds or share classes that are eligible for ROA. John Hancock includes holdings in all share classes to reduce Class A sales charges. However, John Hancock money market and cash reserve funds will only be eligible if the investor has previously paid a sales charge on the amount of those shares. 2 Are shares purchased at net asset value (NAV) counted towards ROA? Yes. 3 Do money market purchases and/or positions count towards ROA? John Hancock money market and cash reserve funds will only be eligible for the accumulation privilege if the investor has previously paid a sales charge on the amount of those shares. 4 Does your fund have the ability to assign/code breakpoints at the fund account level or must it be sent with each trade? Yes, non-dealer controlled accounts established directly with the Fund via application are linked for breakpoints. On accounts established via Networking/NSCC, the dealer must pass the appropriate breakpoint in the order data. To receive a reduced sales charge, the investor must tell his/her financial adviser or Signature Services, at the time of the purchase, about any other John Hancock mutual funds held by that investor, his/her spouse and their children under the age of 21, living in the same household. Refer to the sales charge schedule on page 107.
LETTER/STATEMENT OF INTENT

1 Which funds or share classes are eligible for LOI reduced sales charges? John Hancock offers LOI reduced sales charges on Class A share investments made over a 13-month period of time. Assets in all share classes are eligible to be used to fulfill the LOI commitment. If the LOI is not fulfilled within the 13-month period, applicable sales charges will apply. Investors in most retirement plans may opt to make the necessary investments under the LOI over a 48-month period (see SAI for details). 2 Are shares purchased at NAV counted towards LOI accumulation? Yes. 3 Do money market purchases and/or positions count towards LOI accumulations? John Hancock money market and cash reserve funds will only be eligible for the accumulation privilege if the investor has previously paid a sales charge on the amount of those shares. 4 Can an individuals non-qualified and qualified retirement plan investments be combined to satisfy an LOI? Yes, but note that since retirement plans are often held in omnibus accounts, an investor wishing to count retirement plan holdings toward a Class A purchase must notify his/her financial adviser or Signature Services of these holdings. 5 If shares previously exist, do reinvested dividends and capital gains count towards meeting an LOI? Yes. 6 Can you backdate an LOI? Yes. 7 How far back can an LOI be backdated? 90 days; however, purchases made 90 days prior to the signing of an LOI count toward fulfillment, but the previous sales charges paid will not be adjusted.

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Q3
NET ASSET VALUE REINVESTMENT PRIVILEGE/REINSTATEMENT

I 2012

1 Are NAV reinvestments offered? Yes. The NAV reinvestment privilege is offered on repurchases, including dividend and capital gains received in cash, made within 120 days of the redemption date. 2 Which funds are eligible for NAV reinvestment privilege? All funds are eligible for the NAV reinvestment privilege. 3 Must NAV buyback be done for the same client and/or Tax ID and/or BIN? Yes, the reinvestment must be made for the same client into the same fund and account number that the funds came out of. 4 Must NAV reinvestments be done into same CUSIP or can it be any fund within the John Hancock Funds family? Reinvestments must be made for the same CUSIP and account number that the funds came out of. 5 Are there any special guidelines for transfer or buyback? If a shareholder sells shares of a John Hancock fund, they may reinvest some or all of the proceeds back into the same share class of the same John Hancock fund and account from which it was removed, within 120 days without a sales charge, as long as John Hancock Signature Services and the financial adviser are notified before the funds are reinvested. If a contingent deferred sales charge (CDSC) was paid when shares were sold, the account will be credited with the amount of the CDSC.
Additional information regarding John Hancock Funds pricing and cumulative discounts can be found in the relevant fund prospectus and SAI. Please visit www.jhfunds.com or call 1-800-225-5291, Monday through Friday, between 8:00 a.m. and 7:00 p.m., Eastern Time.
SALES CHARGES AND DEALER COMMISSIONS All Equity and Specialty Funds Sales Charge 5.00% 4.50% 3.50% 2.50% 2.00% 0% 0% 0% Dealer Commissions1 4.25% 3.75% 2.85% 2.10% 1.60% 1.00% 0.50% 0.25% Income Funds
(except Floating Rate Income & Tax-Free Income Funds)

CLASS A SHARES

Floating Rate Income Fund Sales Charge 3.00% 2.50% 2.00% 1.50% 0% 0% 0% Dealer Commissions1 2.50% 2.00% 1.50% 1.25% 1.00% 0.50% 0.25%

Tax-Free Income Funds Sales Charge 4.50% 3.75% 3.00% 2.00% 0% 0% 0% Dealer Commissions1 4.00% 3.25% 2.50% 1.75% 1.00% 0.50% 0.25%

Investment Amount Less than $50,000 $50,000 to $99,999 Less than $100,000 $100,000 to $249,999 $250,000 to $499,999 $500,000 to $999,999 $1,000,000 to $4,999,9992 Next $5 million to $9,999,9993 Amounts of $10,000,000 and over4 Annual 12b-1 Trail Commission:

Sales Charge 4.50% 3.75% 2.75% 2.00% 0% 0% 0%

Dealer Commissions1 4.00% 3.25% 2.30% 1.75% 1.00% 0.50% 0.25%

0.25% (paid on monthly basis effective at 13th month)


CLASS B SHARES5 CLASS C SHARES6

Year

CDSC

Dealer Commissions1 4.00% 0% 0% 0% 0% 0% 0%

Investment Amount Less than $1,000,000 $1,000,000 and over Year Year 1 After Year 1

Sales Charge 0% 0% CDSC 1.00% 0%

Dealer Commissions1 1.00% 1.00%

Year 1 5.00% Year 2 4.00% Year 3 3.00% Year 4 3.00% Year 5 2.00% Year 6 1.00% Year 7 0% Automatic conversion to Class A shares after eight years Annual 12b-1 Trail Commission: 0.25% (paid on monthly basis effective at 13th month)
1 Includes 0.25% service fee 2 Subject to one-year contingent deferred sales charge of 1.00% 3 Subject to one-year contingent deferred sales charge of 0.50%

Annual 12b-1 Trail Commission: 1.00% (paid on monthly basis effective at 13th month)
4 Subject to one-year contingent deferred sales charge of 0.25% 5 Maximum investment of $99,999.99 with any single purchase 6 Maximum investment of $999,999.99 with any single purchase

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Comparative Performance Results

Annual Return for Years Ended December 31

Performance numbers are at net asset value and do not reflect the payment of any sales charges. For complete performance information, please refer to the individual fund highlight sheets in this booklet.
10Year Cumulative TR as of 9/30/12 5Year Cumulative TR as of 9/30/12 YTD Cumulative TR as of 9/30/12

2002

2003

2004

2005

2006

2007

2008

2009

2010

DOMESTIC EQUITY FUNDS (PERCENTAGE RETURN) BALANCED FUND

A Shares B Shares C Shares


CLASSIC VALUE FUND

18.19% 18.71% 18.71% 6.37% 6.66%1 6.66%1 20.11% 20.94% 20.94% 14.89% 37.83% 38.31% 38.31% 26.16% 27.13% 27.13% 44.33% 44.67% 44.67% 12.63%

18.21% 17.42% 17.42% 36.25% 35.36% 35.36% 25.19% 23.90% 23.90% 36.13% 23.29% 22.42% 22.42% 16.33%1 16.03%1 16.03%1 33.88% 32.15% 32.15% 48.91% 47.77% 47.77% 33.16%

6.78% 6.05% 6.04% 14.28% 13.44% 13.44% 15.35% 14.17% 14.17% 20.30% 4.14% 3.36% 3.36% 12.06% 11.56% 11.56% 11.60% 10.15% 10.15% 12.86% 12.05% 12.05% 19.26%

13.36% 12.59% 12.59% 8.81% 7.99% 7.99% 10.13% 8.99% 8.99% 9.76% 16.26% 15.36% 15.36% 16.85% 16.31% 16.31% 11.61% 10.16% 10.16% 8.23% 7.46% 7.46% 17.28%1 16.78%1 16.78%1 4.58%

13.75% 12.97% 12.96%

23.45% 25.42% 22.54% 25.90% 22.60% 25.95%

24.30% 23.36% 23.36% 35.80% 34.85% 34.88% 26.05% 24.81% 24.81% 40.53% 33.73% 32.69% 32.71% 48.07% 47.10% 46.98% 31.68% 30.62% 30.72% 47.98% 46.76% 46.80% 67.87% 66.15% 66.50% 23.88%

11.15% 10.33% 10.41% 16.06% 15.09% 15.17% 12.78% 11.75% 11.75% 22.84% 14.20% 13.30% 13.35%

3.23% 3.89% 3.88% 6.83% 7.51% 7.51% 0.00% 0.79% 0.71% 0.32% 8.30%1 5.46%1 5.68%1 9.03% 9.71% 9.71%

2011

14.68% 14.05% 14.04%

20.39% 144.24% 16.14% 131.04% 16.20% 127.77% 70.60%

A Shares B Shares C Shares


DISCIPLINED VALUE FUND

16.54% 14.20% 46.55% 15.68% 14.80% 46.97% 15.64% 14.80% 47.00% 19.02% 17.80% 17.80% 16.56% 20.22% 19.32% 19.32% 5.29% 4.72% 4.72% 7.24% 5.85% 5.85% 6.84% 6.13% 6.13% 28.99% 28.20% 28.20% 20.39% 3.89% 33.46% 2.81% 34.17% 2.81% 34.17% 4.91% 32.63%

11.65% 24.16% 11.05% 26.93% 11.05% 26.90% 18.09% 17.43% 17.41% 13.22% 18.46% 17.36% 17.93% 18.74% 18.10% 18.05%

A Shares B Shares C Shares A Shares C Shares A Shares C Shares A Shares C Shares A Shares C Shares
LARGE CAP EQUITY FUND

7.47% 137.09% 2.65% 115.03% 2.72% 115.18% 26.63% 211.82%

DISCIPLINED VALUE MID CAP FUND

FUNDAMENTAL ALL CAP CORE FUND

FUNDAMENTAL LARGE CAP CORE FUND

FUNDAMENTAL LARGE CAP VALUE FUND

A Shares B Shares C Shares


MID CAP EQUITY FUND

33.77% 36.82% 32.78% 37.25% 32.78% 37.29% 15.70% 44.60% 14.81% 45.01% 14.97% 44.95% 20.57% 43.89% 19.01% 44.45% 19.01% 44.49% 1.43% 44.33% 0.67% 44.72% 0.67% 44.67% 9.91% 58.50% 9.13% 58.76% 9.13% 58.76% 0.35% 28.63%

11.54% 156.79% 7.43% 141.96% 7.39% 138.02%

A Shares B Shares C Shares


RAINIER GROWTH FUND

21.31% 12.24% 20.56% 12.92% 20.52% 12.90% 16.59% 15.78% 15.73% 33.07% 32.20% 32.14% 4.45% 5.22% 5.23% 7.63% 8.25% 8.25%

9.30% 8.13% 8.75% 11.27% 8.74% 11.19% 16.33% 15.64% 15.65% 14.10% 13.51% 13.50%

A Shares B Shares C Shares


SMALL CAP EQUITY FUND

3.69% 120.25% 7.67% 97.81% 7.72% 97.72% 5.31% 142.55% 1.56% 128.96% 1.62% 126.02%

A Shares B Shares C Shares A Shares B Shares C Shares


SMALL COMPANY FUND

SMALL CAP INTRINSIC VALUE FUND

35.09% 22.32% 33.65% 23.03% 34.11% 22.90% 23.79% 5.17%

18.73% 16.85% 17.75% 20.61% 18.07% 19.82% 8.68%

A Shares

5.00% 132.40%

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Q3
YTD Cumulative TR as of 9/30/12

I 2012
10Year Cumulative TR as of 9/30/12

DOMESTIC EQUITY FUNDS (PERCENTAGE RETURN) SOVEREIGN INVESTORS FUND

A Shares B Shares C Shares A Shares


U.S. EQUITY FUND

18.68% 19.29% 19.27% 14.51% 16.82%1 16.82%1

19.55% 18.75% 18.73% 19.24% 18.35% 18.35%

5.23% 4.45% 4.50% 8.51% 7.67% 7.67%

2.28% 1.57% 1.57% 3.54%1 2.16% 1.43% 1.43%

14.67% 13.92% 13.90% 7.04% 1.44% 0.68% 0.68%

7.83% 30.87% 7.05% 31.37% 7.10% 31.35%

23.64% 22.79% 22.73% 19.12% 44.32% 43.24% 43.24%

7.21% 6.42% 6.48% 7.71% 12.16% 11.31% 11.31%

0.45% 0.21% 0.27% 2.21%1 7.16% 3.85% 3.07% 3.07%

13.21% 12.54% 12.64% 18.40% 14.94% 18.65% 17.99% 18.02%

5Year Cumulative TR as of 9/30/12

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

1.96% 1.62% 1.55% 12.11% 28.59% 23.85% 23.88%

75.51% 65.84% 63.60% 89.36% 78.24% 75.67%

STRATEGIC GROWTH FUND

A Shares A Shares B Shares C Shares

1.70% 27.62% 3.67% 34.77% 2.90% 35.26% 2.90% 35.26%

U.S. GLOBAL LEADERS GROWTH FUND

ASSET ALLOCATION FUNDS (PERCENTAGE RETURN) LIFESTYLE AGGRESSIVE PORTFOLIO

A Shares B Shares C Shares A Shares B Shares C Shares A Shares B Shares C Shares


LIFESTYLE GROWTH PORTFOLIO

6.44%1 6.37%1 6.38%1 4.31%1 4.24%1 4.24%1 1.91%1 1.83%1 1.76%1 5.28%1 5.21%1 5.21%1 3.17%1 3.02%1 3.10%1

14.96% 14.12% 14.20% 12.16% 11.30% 11.46% 7.81% 6.97% 6.97% 13.02% 12.24% 12.20% 9.80% 8.97% 8.96%

8.00% 42.40% 7.23% 42.84% 7.21% 42.79% 5.90% 31.63% 5.02% 32.22% 5.10% 32.19% 4.89% 15.41% 4.11% 16.04% 4.22% 16.03% 6.96% 36.89% 6.14% 37.35% 6.19% 37.33% 4.78% 23.88% 3.97% 24.56% 4.05% 24.44%

36.04% 35.09% 35.09% 32.87% 31.99% 32.08% 22.53% 21.46% 21.58% 34.54% 33.53% 33.63% 27.88% 26.91% 27.00%

15.50% 14.61% 14.61% 13.13% 12.23% 12.34% 9.96% 9.16% 9.28% 14.77% 13.81% 13.93% 11.85% 11.05% 11.15%

7.09% 7.83% 7.76% 2.62% 3.30% 3.29% 2.75% 2.01% 1.95% 5.30% 5.91% 5.90% 0.73% 0.08% 0.05%

13.10% 7.54% 12.53% 10.90% 12.53% 10.77% 11.58% 10.92% 10.92% 8.57% 7.99% 8.02% 12.63% 12.00% 12.01% 10.12% 9.54% 9.56% 10.07% 5.88% 6.17% 28.02% 23.20% 23.56% 1.83% 1.90% 1.69% 20.14% 15.47% 15.94%

LIFESTYLE BALANCED PORTFOLIO

LIFESTYLE CONSERVATIVE PORTFOLIO

A Shares B Shares C Shares A Shares B Shares C Shares

LIFESTYLE MODERATE PORTFOLIO

GLOBAL/INTERNATIONAL EQUITY FUNDS (PERCENTAGE RETURN) EMERGING MARKETS FUND

A Shares C Shares
GLOBAL OPPORTUNITIES FUND

18.85%1 18.35%1 18.35%1

23.38% 22.76% 22.76%

18.87%1 51.62% 33.05% 50.91% 32.46% 51.29% 32.46% 51.29% 7.23%1 30.49% 6.68%1 31.07% 6.68%1 30.97%

97.51% 93.03% 91.63% 91.54% 22.98% 22.15% 21.98%

23.00% 25.42% 30.77% 31.89% 29.72% 32.42% 29.87% 32.34% 11.82% 11.15% 11.15% 5.33% 4.46% 4.46%

11.91% 16.21% 15.54% 15.54% 9.07% 8.62% 8.62%

1.21% 4.36% 0.44% 0.68% 7.73% 4.06% 4.07%

A Shares B Shares C Shares A Shares B Shares C Shares

GLOBAL SHAREHOLDER YIELD FUND

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GLOBAL/INTERNATIONAL EQUITY FUNDS (PERCENTAGE RETURN) GREATER CHINA OPPORTUNITIES FUND

A Shares B Shares C Shares A Shares B Shares C Shares


INTERNATIONAL CORE FUND

5.48%

36.57%

22.56%

10.96%1 10.56%1 10.56%1 4.33%1 4.12%1 4.12%1 11.25%

70.34% 69.15% 69.15% 0.10%1 0.10%1 0.10%1 24.14% 23.36% 23.39% 21.31%1 20.98%1 20.88%1 25.65%

48.11% 52.87% 47.10% 53.19% 46.99% 53.20% 9.60% 45.17% 8.61% 45.58% 8.71% 45.53% 10.97% 39.21% 10.11% 39.65% 10.08% 39.65% 11.83% 37.48% 10.91% 37.97% 10.92% 37.96% 6.30% 43.63%

58.38% 57.09% 57.14% 37.62% 36.91% 36.65% 18.20% 17.35% 17.40% 21.08% 20.25% 20.20% 38.29%

11.51% 22.91% 10.70% 23.47% 10.65% 23.49% 13.29% 14.61% 12.41% 15.20% 12.55% 15.18% 9.11% 10.52% 8.36% 11.14% 8.32% 11.14% 13.23% 12.31% 12.33% 8.61% 9.24% 9.35%

10.13% 31.69% 9.38% 34.24% 9.45% 34.25% 9.22% 21.97% 8.68% 24.67% 8.52% 24.67% 7.20% 27.20% 6.60% 29.74% 6.64% 29.73% 13.52% 12.57% 12.87% 15.82% 12.96% 15.88%

INTERNATIONAL ALLOCATION PORTFOLIO

A Shares B Shares C Shares A Shares B Shares C Shares A Shares

INTERNATIONAL GROWTH FUND

INTERNATIONAL VALUE EQUITY FUND

14.40% 13.29%

10.84% 17.73% 130.75%

ALTERNATIVE/SPECIALTY FUNDS (PERCENTAGE RETURN) ALTERNATIVE ASSET ALLOCATION FUND

A Shares B Shares C Shares


CURRENCY STRATEGIES FUND

16.40% 16.96% 16.97% 2.90% 3.59% 3.59%

26.43% 25.56% 25.58% 28.44% 27.57% 27.53%

9.75% 8.95% 8.95% 14.39% 13.59% 13.59%

9.97% 9.21% 9.16% 8.38%1 1.08% 0.35% 0.38%

17.48% 16.63% 16.70% 20.29%

41.01% 40.00% 25.81% 24.97% 24.97% 55.61% 6.96% 6.22% 6.30% 8.30%1

11.98% 10.78% 9.30%1

2.36% 3.09% 1.32%

7.03% 6.48% 0.54%

A Shares
FINANCIAL INDUSTRIES FUND

A Shares B Shares C Shares A Shares C Shares

4.39% 47.66% 5.03% 48.03% 5.10% 47.96%

10.82% 14.38% 10.04% 15.06% 10.04% 15.06% 0.50%1

29.01% 22.73% 28.38% 25.43% 28.50% 25.30% 6.27%

GLOBAL ABSOLUTE RETURN STRATEGIES FUND

NATURAL RESOURCES FUND

A Shares B Shares C Shares


REGIONAL BANK FUND

39.02% 50.49%

14.35% 20.45% 14.95% 11.46% 14.11% 12.12% 14.10% 12.09% 4.43% 16.50%

0.60% 25.80% 23.92% 13.40% 23.33% 16.45% 23.29% 16.40% 11.52%

A Shares B Shares C Shares A Shares B Shares C Shares

14.64% 19.23% 25.48% 13.85% 19.84% 26.02% 13.85% 19.84% 26.01%

TECHNICAL OPPORTUNITIES FUND

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10Year Cumulative TR as of 9/30/12

5Year Cumulative TR as of 9/30/12

YTD Cumulative TR as of 9/30/12

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

43.36% 35.54% 33.91% 40.18% 32.38% 30.64%

11/1/2012 11:18:32 AM

Q3
YTD Cumulative TR as of 9/30/12

I 2012
10Year Cumulative TR as of 9/30/12

INCOME FUNDS (PERCENTAGE RETURN) BOND FUND

A Shares B Shares C Shares


CORE HIGH YIELD FUND

7.36% 6.61% 6.61% 10.26% 9.45% 9.45% 0.44% 0.32% 0.32% 7.30% 6.55% 6.55% 9.61% 8.80% 8.79%

7.62% 6.87% 6.87% 1.09% 0.33% 0.33% 39.91% 38.90% 38.90% 16.88% 16.07% 16.07% 4.62% 3.84% 3.84%

4.53% 3.80% 3.80% 2.70% 1.93% 1.94% 9.00% 8.20% 8.19% 8.75% 7.99% 7.99% 3.60% 2.82% 2.82%

2.38% 1.66% 1.66% 1.73% 0.97% 0.97% 3.59% 2.83% 2.81% 2.28% 1.57% 1.57% 1.59% 0.83% 0.83%

4.45% 3.73% 3.73% 3.70% 2.93% 2.93% 20.25% 19.37% 19.36% 4.48% 3.79% 3.75% 4.37% 3.59% 3.59% 2.06%1 1.10%1

4.90% 11.92% 4.17% 12.61% 4.17% 12.54%

28.43% 27.64% 27.55% 25.73%1 41.26% 40.03% 40.25% 4.73% 3.95% 3.96% 69.57% 68.37% 68.37% 29.46% 28.57% 28.57% 19.16% 18.28% 18.29% 30.20% 28.40%

12.84% 11.98% 12.06% 20.82% 9.59% 8.88% 8.78% 5.84% 4.94% 5.06%

4.86% 4.20% 4.20% 6.74% 1.82% 1.05% 1.20% 6.22% 5.54% 5.43%

9.61% 9.04% 8.97% 12.73% 7.55% 6.95% 6.94% 4.50% 3.85% 3.85% 18.00% 17.34% 17.35% 8.97% 8.40% 8.40% 7.73% 7.13% 7.13% 8.94% 8.37%

5Year Cumulative TR as of 9/30/12

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

49.32% 44.19% 44.21% 34.12% 29.11% 29.14%

89.21% 78.92% 76.47% 52.43% 43.56% 41.38%

A Shares B Shares C Shares


FLOATING RATE INCOME FUND

A Shares B Shares C Shares


GOVERNMENT INCOME FUND

24.39% 24.91% 24.84% 6.14% 5.35% 5.35% 5.87% 5.08% 5.08%

A Shares B Shares C Shares


HIGH YIELD FUND

A Shares B Shares C Shares


INCOME FUND

1.21% 48.45% 1.95% 48.84% 1.95% 48.84% 5.57% 10.85% 4.83% 11.48% 4.84% 11.48% 5.33% 4.55% 4.55% 6.63% 7.32% 7.32%

24.85% 13.15% 24.25% 14.03% 23.63% 13.58% 14.91% 14.11% 14.12% 10.08% 9.26% 9.26% 14.96% 14.11% 1.68% 0.98% 0.98% 5.51% 4.72% 4.73% 1.53% 0.82%

6.51% 122.07% 2.61% 109.95% 2.63% 106.21% 48.70% 119.05% 43.60% 107.26% 43.60% 104.30% 42.57% 37.35% 37.36% 51.37% 43.82% 72.63% 62.63% 60.22%

A Shares B Shares C Shares A Shares B Shares C Shares A Shares B Shares C Shares

INVESTMENT GRADE BOND FUND

STRATEGIC INCOME OPPORTUNITIES FUND

5.05% 9.18% 3.59% 10.45%

TAX-FREE INCOME FUNDS (PERCENTAGE RETURN) CALIFORNIA TAX-FREE INCOME FUND

A Shares B Shares C Shares A Shares B Shares C Shares A Shares B Shares C Shares

7.99% 7.08% 7.08% 5.07% 4.29% 4.29% 9.56% 8.80% 8.80%

3.94% 3.06% 3.06% 5.47% 4.68% 4.68% 6.18% 5.44% 5.44%

4.46% 3.58% 3.58% 7.38% 6.60% 6.58% 4.28% 3.56% 3.56%

4.12% 3.24% 3.24% 6.85% 6.05% 6.05% 3.43% 2.71% 2.71%

5.03% 4.15% 4.15% 6.79% 6.00% 6.00% 3.99% 3.27% 3.27%

1.38% 11.87% 0.52% 12.62% 0.52% 12.62% 0.78% 15.34% 1.52% 15.98% 1.52% 15.98% 2.57% 1.85% 1.85% 4.58% 5.24% 5.24%

18.12% 17.13% 17.13% 25.17% 24.24% 24.24% 13.87% 13.08% 13.08%

3.23% 2.36% 2.36% 2.60% 1.83% 1.84% 0.22% 0.48% 0.48%

12.05% 11.15% 11.15% 10.17% 9.35% 9.35% 11.71% 10.91% 10.91%

8.50% 7.99% 7.89% 10.13% 9.51% 9.51% 6.30% 5.71% 5.71%

31.25% 26.06% 25.95% 31.45% 26.62% 26.62% 30.34% 25.79% 25.80%

56.37% 46.11% 43.82% 69.01% 59.22% 56.83% 57.65% 49.07% 46.93%

HIGH YIELD MUNICIPAL BOND FUND

MASSACHUSETTS TAX-FREE INCOME FUND

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TAX-FREE INCOME FUNDS (PERCENTAGE RETURN) NEW YORK TAX-FREE INCOME FUND

A Shares B Shares C Shares


TAX-FREE BOND FUND

8.60% 7.85% 7.85% 7.17% 6.37% 6.37%

4.39% 3.67% 3.67% 4.75% 3.97% 3.97%

4.43% 3.70% 3.70% 4.91% 4.12% 4.12%

3.16% 2.45% 2.45% 3.89% 3.12% 3.12%

4.68% 3.95% 3.95% 5.16% 4.37% 4.37%

1.40% 0.70% 0.70% 1.76% 1.00% 1.00%

4.01% 4.68% 4.68% 5.34% 6.05% 6.05%

13.18% 12.39% 12.40% 14.34% 13.49% 13.38%

1.89% 1.27% 1.27% 1.20% 0.44% 0.54%

9.54% 8.67% 8.68% 10.22% 9.51% 9.40%

7.78% 7.26% 7.26% 7.62% 7.02% 7.02%

31.34% 26.85% 26.86% 30.97% 26.27% 26.15%

A Shares B Shares C Shares

114

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10Year Cumulative TR as of 9/30/12

5Year Cumulative TR as of 9/30/12

YTD Cumulative TR as of 9/30/12

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

55.37% 46.91% 44.92% 58.04% 48.85% 46.64%

11/1/2012 11:18:34 AM

Q3
YTD Cumulative TR as of 9/30/12

I 2012
10Year Cumulative TR as of 9/30/12

INDEXES (PERCENTAGE RETURN) DOW JONES INDUSTRIAL AVERAGE2

15.01%
NASDAQ COMPOSITE INDEX

28.29% 50.77% 4.10% 38.59% 28.68%

5.30% 9.15% 4.34% 20.25% 10.88%

1.72% 2.12% 2.43% 13.54% 4.91%

19.03% 10.38% 4.33% 26.34% 15.79%

8.87% 31.92% 10.65% 39.98% 6.97% 5.24%

22.70% 45.36% 5.93% 31.78% 26.46%

14.10% 18.16% 6.54%

8.34% 0.79% 7.84%

12.18% 20.72% 3.99%

31.26% 10.25%
MSCI EAFE INDEX

BARCLAYS CAPITAL U.S. AGGREGATE BOND INDEX3

5Year Cumulative TR as of 9/30/12

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

11.30% 128.02% 21.46% 189.09% 37.20% 68.00%

15.94%
S&P 500 INDEX

11.17% 43.38% 5.49% 37.00%

7.75% 12.14% 15.06% 2.11%

10.08% 23.60% 119.97% 16.44% 5.37% 116.15%

22.10% Dow Jones Industrial Average Barclays Capital U.S. Aggregate Index MSCI EAFE Index Nasdaq Composite Index Standard & Poors 500 Index

A price-weighted average of 30 blue-chip stocks that are generally the leaders in their industry. It is the oldest and most widely quoted of all the market indicators. An index comprised of government securities, mortgage-backed securities, asset-backed securities and corporate securities to simulate the universe of bonds in the market. A large-capitalization international stock index that measures market performance in Europe, Australasia and the Far East. A market value-weighted index that measures all domestic and non-U.S.-based securities, more than 4,700 companies, listed on the Nasdaq Stock Market. An unmanaged index of 500 stocks commonly used as a broad measure of stock performance.

Notes to comparative performance results


1 Results since inception (not annualized). 2 Source: Bloomberg. It is not possible to invest directly in an index. 3 Source: Barclays Capital. It is not possible to invest directly in an index.

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Notes

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Important Phone Numbers


FOR SHAREHOLDERS Shareholder account service and information

1-800-225-5291

8:00 a.m.7:00 p.m., ET

Account balances Existing account information Account transactions

TDD

1-800-554-6713
EASI-Line

1-800-338-8080

24-Hour Automated Shareholder Service Line

Literature

1-800-892-9552

8:30 a.m.6:00 p.m., ET

Prospectuses Sales materials Account applications

Closed-end fund product support

1-800-843-0090

8:30 a.m.7:00 p.m., ET

Current net asset values Portfolio strategies Fund performance data Fund prices and yields

FOR FINANCIAL PROFESSIONALS Broker service line

1-800-257-3336

8:00 a.m.7:00 p.m., ET

Client account balances/information Fund exchanges Phone redemptions Change dividend/capital gain options

Sales support

1-800-225-6020

8:30 a.m.7:00 p.m., ET

Sales ideas Portfolio strategies Fund performance data Fund prices and yields

Please note that certain funds contained within this book may not be approved for sale by the firm of all financial professionals.

QFG.indb 121

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John Hancock Funds, LLC


MEMBER FINRA

SIPC

601 Congress Street Boston, MA 02210-2805

RM0HS 10/12

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