The John Hancock Stable Value Guaranteed Income Fund (SVGI)
provides plan sponsors and participants with a capital preservation option backed by John Hancock’s 150-year history and proven financial strength, stability, and stable value investment expertise.¹
A well-diversified, investment-grade, fixed-income portfolio
A 0.00% expense ratio and no investment minimums
An average credit quality of "A" and target duration of five years
Guaranteed principal and interest to deliver stable and steady returns
Designed for plan participants who are:
• Conservative and risk averse
• Concerned with market volatility
• Approaching retirement
Benefits for plan sponsors:
• A competitive crediting interest rate
• A transparent structure
• Optional market value recovery features²
Find out if SVGI is right for your plan
It's available for 401(k), 401(a), and Taft-Hartley plans, and has no initial investment minimums. The fund is not only fully portable,³ it’s also benefit responsive when a participant leaves a plan. With an expense ratio of 0.00%, SVGI historically provides a better return than money market funds.
1 Financial strength ratings apply to the main life operating companies of Manulife Financial Corporation including Manufacturers Life Insurance Company, John Hancock Life Insurance Company (U.S.A.), John Hancock Life & Health Insurance Company and John Hancock Life Insurance Company of New York. Morningstar DBRS does not rate the U.S. insurance subsidiaries separately. All ratings current as of 12/30/19. 2 Market value recovery equalizer allows the SVGI to make a plan whole for a market value adjustment (MVA) from typically another stable value fund and recover the MVA through the plan’s semi-annual crediting rate. 3 Portability to a new recordkeeper requires that recordkeeper to enter into a fund distribution agreement with John Hancock.
A fund’s investment objectives, risks, charges, and expenses should be considered carefully before investing. Refer to the Massachusetts contract form for more details about the John Hancock Stable Value Guaranteed Income Fund.
The content of this presentation is for general information only and is believed to be accurate and reliable as of the presentation date, but may be subject to change. It is not intended to provide investment, tax or legal advice (unless otherwise indicated). Please consult your own independent advisor as to any investment, tax, or legal statements made here.
There is no guarantee that any investment strategy will achieve its objectives. All investing involves risk including possible loss of principal.
Stable value portfolios typically invest in a diversified portfolio of bonds and enter into wrapper agreements with financial companies to prevent fluctuations in their share prices. Although a portfolio will seek to maintain a stable value, there is a risk that it will not be able to do so, and participants may lose their investment if both the Fund's investment portfolio and the wrapper provider fail.
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