# EDGAR Filing Document

**Accession Number:** 0000022370
**File Stem:** 0001193125-25-286112
**Filing Date:** 2025-11
**Character Count:** 691667
**Document Hash:** 3b41b55a076c39a8326d0651e8e1da1f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-286112.hdr.sgml**: 20251118

**ACCESSION NUMBER**: 0001193125-25-286112

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 39

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251118

**DATE AS OF CHANGE**: 20251118

**EFFECTIVENESS DATE**: 20251118

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000022370

**ORGANIZATION NAME:**
- **EIN:** 746035056
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00560
- **FILM NUMBER:** 251494376

**BUSINESS ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** 617-663-3000

**MAIL ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN INVESTMENT TRUST /MA/
- **DATE OF NAME CHANGE:** 19950131

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRANSAMERICA INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19950131

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CRITERION INCOME TRUST
- **DATE OF NAME CHANGE:** 19890820

## Series and Classes Contracts Data

### John Hancock Diversified Real Assets Fund (Series ID: S000061352)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000198632 | Class NAV    |  |

### John Hancock Mid Cap Growth Fund (Series ID: S000072133)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000227913 | Class NAV    | JACFX           |
| C000227914 | Class I      | JACBX           |
| C000227915 | Class R6     | JACEX           |
| C000227916 | Class A      | JACJX           |
| C000227917 | Class C      | JACLX           |

### John Hancock Fundamental Equity Income Fund (Series ID: S000076681)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000236691 | Class R6     |  |
| C000236693 | Class A      | JHCMX           |
| C000236694 | Class C      | JHCOX           |
| C000236695 | Class I      | JHFEX           |

### Global Climate Action Fund (Series ID: S000083460)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000247102 | Class I      | JLFSX           |

### John Hancock Disciplined Value Global Long/Short Fund (Series ID: S000086384)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000251887 | Class NAV    | JAKWX           |
| C000251888 | Class R6     | JAKVX           |
| C000251889 | Class A      | JAKRX           |
| C000251890 | Class C      | JAKTX           |
| C000251891 | Class I      | JAKUX           |

?xml version='1.0' encoding='ASCII'? e7cd25a9-c055-4e1e-8f01-1bff83eeee9d

5.7 1.0 5.2 51.2 2.8 3.9 2.9 68.5 51.2 51.2 6.7 3.9 8.5 1.6 4.7 2.8 6.2 6.0 8.5 3.1 51.2 5.1 1.7 51.2 6.7 2.9 8.5 2.8 4.7 8.5 4.7 2.8 2.9 1.6 8.5 6.7 5.1 4.7 2.8 5.2 5.1 6.7 2.9 8.5 8.5 1.6 5.2 2.8 8.5 2.8 1.6 5.1 2.9 5.1 5.2 6.7 2.8 8.5 2.8 8.5 1.6 5.2 4.7 2.8 0000022370 false N-1A N-CSRS semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report semi-annual shareholder report 0000022370 jhit:C000198632Member 2025-03-31 2025-09-30 0000022370 jhit:C000227913Member 2025-03-31 2025-09-30 0000022370 jhit:C000227914Member 2025-03-31 2025-09-30 0000022370 jhit:C000227915Member 2025-03-31 2025-09-30 0000022370 jhit:C000227916Member 2025-03-31 2025-09-30 0000022370 jhit:C000227917Member 2025-03-31 2025-09-30 0000022370 jhit:C000236691Member 2025-03-31 2025-09-30 0000022370 jhit:C000236693Member 2025-03-31 2025-09-30 0000022370 jhit:C000236694Member 2025-03-31 2025-09-30 0000022370 jhit:C000236695Member 2025-03-31 2025-09-30 0000022370 jhit:C000247102Member 2025-03-31 2025-09-30 0000022370 jhit:C000251887Member 2025-03-31 2025-09-30 0000022370 jhit:C000251888Member 2025-03-31 2025-09-30 0000022370 jhit:C000251889Member 2025-03-31 2025-09-30 0000022370 jhit:C000251890Member 2025-03-31 2025-09-30 0000022370 jhit:C000251891Member 2025-03-31 2025-09-30 0000022370 2025-03-31 2025-09-30 0000022370 jhit:C000198632Member 2025-09-30 0000022370 jhit:C000198632Member jhit:AgnicoEagleMinesLtdMember 2025-09-30 0000022370 jhit:C000198632Member jhit:CanadianNaturalResourcesLtdMember 2025-09-30 0000022370 jhit:C000198632Member jhit:ChevronCorpMember 2025-09-30 0000022370 jhit:C000198632Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000198632Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000198632Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000198632Member jhit:DigitalRealtyTrustIncMember 2025-09-30 0000022370 jhit:C000198632Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000198632Member jhit:EquinixIncMember 2025-09-30 0000022370 jhit:C000198632Member jhit:ExxonMobilCorpMember 2025-09-30 0000022370 jhit:C000198632Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000198632Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000198632Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000198632Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000198632Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000198632Member jhit:PrologisIncMember 2025-09-30 0000022370 jhit:C000198632Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000198632Member jhit:ShellPLCMember 2025-09-30 0000022370 jhit:C000198632Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000198632Member jhit:SimonPropertyGroupIncMember 2025-09-30 0000022370 jhit:C000198632Member oef:UtilitiesSectorMember 2025-09-30 0000022370 jhit:C000198632Member jhit:WelltowerIncMember 2025-09-30 0000022370 jhit:C000227913Member 2025-09-30 0000022370 jhit:C000227913Member jhit:CelesticaIncMember 2025-09-30 0000022370 jhit:C000227913Member jhit:CloudflareIncClassAMember 2025-09-30 0000022370 jhit:C000227913Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000227913Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000227913Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000227913Member jhit:DraftKingsIncClassAMember 2025-09-30 0000022370 jhit:C000227913Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000227913Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000227913Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000227913Member jhit:HowmetAerospaceIncMember 2025-09-30 0000022370 jhit:C000227913Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000227913Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000227913Member jhit:LibertyMediaCorpLibertyFormulaOneSeriesCMember 2025-09-30 0000022370 jhit:C000227913Member jhit:LiveNationEntertainmentIncMember 2025-09-30 0000022370 jhit:C000227913Member jhit:NateraIncMember 2025-09-30 0000022370 jhit:C000227913Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000227913Member jhit:ROBLOXCorpClassAMember 2025-09-30 0000022370 jhit:C000227913Member jhit:RoyalCaribbeanCruisesLtdMember 2025-09-30 0000022370 jhit:C000227913Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000227913Member oef:UtilitiesSectorMember 2025-09-30 0000022370 jhit:C000227913Member jhit:VertivHoldingsCompanyClassAMember 2025-09-30 0000022370 jhit:C000227914Member 2025-09-30 0000022370 jhit:C000227914Member jhit:CelesticaIncMember 2025-09-30 0000022370 jhit:C000227914Member jhit:CloudflareIncClassAMember 2025-09-30 0000022370 jhit:C000227914Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000227914Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000227914Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000227914Member jhit:DraftKingsIncClassAMember 2025-09-30 0000022370 jhit:C000227914Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000227914Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000227914Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000227914Member jhit:HowmetAerospaceIncMember 2025-09-30 0000022370 jhit:C000227914Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000227914Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000227914Member jhit:LibertyMediaCorpLibertyFormulaOneSeriesCMember 2025-09-30 0000022370 jhit:C000227914Member jhit:LiveNationEntertainmentIncMember 2025-09-30 0000022370 jhit:C000227914Member jhit:NateraIncMember 2025-09-30 0000022370 jhit:C000227914Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000227914Member jhit:ROBLOXCorpClassAMember 2025-09-30 0000022370 jhit:C000227914Member jhit:RoyalCaribbeanCruisesLtdMember 2025-09-30 0000022370 jhit:C000227914Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000227914Member oef:UtilitiesSectorMember 2025-09-30 0000022370 jhit:C000227914Member jhit:VertivHoldingsCompanyClassAMember 2025-09-30 0000022370 jhit:C000227915Member 2025-09-30 0000022370 jhit:C000227915Member jhit:CelesticaIncMember 2025-09-30 0000022370 jhit:C000227915Member jhit:CloudflareIncClassAMember 2025-09-30 0000022370 jhit:C000227915Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000227915Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000227915Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000227915Member jhit:DraftKingsIncClassAMember 2025-09-30 0000022370 jhit:C000227915Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000227915Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000227915Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000227915Member jhit:HowmetAerospaceIncMember 2025-09-30 0000022370 jhit:C000227915Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000227915Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000227915Member jhit:LibertyMediaCorpLibertyFormulaOneSeriesCMember 2025-09-30 0000022370 jhit:C000227915Member jhit:LiveNationEntertainmentIncMember 2025-09-30 0000022370 jhit:C000227915Member jhit:NateraIncMember 2025-09-30 0000022370 jhit:C000227915Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000227915Member jhit:ROBLOXCorpClassAMember 2025-09-30 0000022370 jhit:C000227915Member jhit:RoyalCaribbeanCruisesLtdMember 2025-09-30 0000022370 jhit:C000227915Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000227915Member oef:UtilitiesSectorMember 2025-09-30 0000022370 jhit:C000227915Member jhit:VertivHoldingsCompanyClassAMember 2025-09-30 0000022370 jhit:C000227916Member 2025-09-30 0000022370 jhit:C000227916Member jhit:CelesticaIncMember 2025-09-30 0000022370 jhit:C000227916Member jhit:CloudflareIncClassAMember 2025-09-30 0000022370 jhit:C000227916Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000227916Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000227916Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000227916Member jhit:DraftKingsIncClassAMember 2025-09-30 0000022370 jhit:C000227916Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000227916Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000227916Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000227916Member jhit:HowmetAerospaceIncMember 2025-09-30 0000022370 jhit:C000227916Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000227916Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000227916Member jhit:LibertyMediaCorpLibertyFormulaOneSeriesCMember 2025-09-30 0000022370 jhit:C000227916Member jhit:LiveNationEntertainmentIncMember 2025-09-30 0000022370 jhit:C000227916Member jhit:NateraIncMember 2025-09-30 0000022370 jhit:C000227916Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000227916Member jhit:ROBLOXCorpClassAMember 2025-09-30 0000022370 jhit:C000227916Member jhit:RoyalCaribbeanCruisesLtdMember 2025-09-30 0000022370 jhit:C000227916Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000227916Member oef:UtilitiesSectorMember 2025-09-30 0000022370 jhit:C000227916Member jhit:VertivHoldingsCompanyClassAMember 2025-09-30 0000022370 jhit:C000227917Member 2025-09-30 0000022370 jhit:C000227917Member jhit:CelesticaIncMember 2025-09-30 0000022370 jhit:C000227917Member jhit:CloudflareIncClassAMember 2025-09-30 0000022370 jhit:C000227917Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000227917Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000227917Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000227917Member jhit:DraftKingsIncClassAMember 2025-09-30 0000022370 jhit:C000227917Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000227917Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000227917Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000227917Member jhit:HowmetAerospaceIncMember 2025-09-30 0000022370 jhit:C000227917Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000227917Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000227917Member jhit:LibertyMediaCorpLibertyFormulaOneSeriesCMember 2025-09-30 0000022370 jhit:C000227917Member jhit:LiveNationEntertainmentIncMember 2025-09-30 0000022370 jhit:C000227917Member jhit:NateraIncMember 2025-09-30 0000022370 jhit:C000227917Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000227917Member jhit:ROBLOXCorpClassAMember 2025-09-30 0000022370 jhit:C000227917Member jhit:RoyalCaribbeanCruisesLtdMember 2025-09-30 0000022370 jhit:C000227917Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000227917Member oef:UtilitiesSectorMember 2025-09-30 0000022370 jhit:C000227917Member jhit:VertivHoldingsCompanyClassAMember 2025-09-30 0000022370 jhit:C000236691Member 2025-09-30 0000022370 jhit:C000236691Member jhit:AlphabetIncClassAMember 2025-09-30 0000022370 jhit:C000236691Member jhit:BectonDickinsonAndCompanyMember 2025-09-30 0000022370 jhit:C000236691Member jhit:CheniereEnergyIncMember 2025-09-30 0000022370 jhit:C000236691Member jhit:ComcastCorpClassAMember 2025-09-30 0000022370 jhit:C000236691Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000236691Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000236691Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000236691Member jhit:ElevanceHealthIncMember 2025-09-30 0000022370 jhit:C000236691Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000236691Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000236691Member jhit:GSKPLCADRMember 2025-09-30 0000022370 jhit:C000236691Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000236691Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000236691Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000236691Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000236691Member jhit:MicrosoftCorpMember 2025-09-30 0000022370 jhit:C000236691Member jhit:NasdaqIncMember 2025-09-30 0000022370 jhit:C000236691Member jhit:OracleCorpMember 2025-09-30 0000022370 jhit:C000236691Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000236691Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000236691Member jhit:SuncorEnergyIncMember 2025-09-30 0000022370 jhit:C000236693Member 2025-09-30 0000022370 jhit:C000236693Member jhit:AlphabetIncClassAMember 2025-09-30 0000022370 jhit:C000236693Member jhit:BectonDickinsonAndCompanyMember 2025-09-30 0000022370 jhit:C000236693Member jhit:CheniereEnergyIncMember 2025-09-30 0000022370 jhit:C000236693Member jhit:ComcastCorpClassAMember 2025-09-30 0000022370 jhit:C000236693Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000236693Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000236693Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000236693Member jhit:ElevanceHealthIncMember 2025-09-30 0000022370 jhit:C000236693Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000236693Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000236693Member jhit:GSKPLCADRMember 2025-09-30 0000022370 jhit:C000236693Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000236693Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000236693Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000236693Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000236693Member jhit:MicrosoftCorpMember 2025-09-30 0000022370 jhit:C000236693Member jhit:NasdaqIncMember 2025-09-30 0000022370 jhit:C000236693Member jhit:OracleCorpMember 2025-09-30 0000022370 jhit:C000236693Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000236693Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000236693Member jhit:SuncorEnergyIncMember 2025-09-30 0000022370 jhit:C000236694Member 2025-09-30 0000022370 jhit:C000236694Member jhit:AlphabetIncClassAMember 2025-09-30 0000022370 jhit:C000236694Member jhit:BectonDickinsonAndCompanyMember 2025-09-30 0000022370 jhit:C000236694Member jhit:CheniereEnergyIncMember 2025-09-30 0000022370 jhit:C000236694Member jhit:ComcastCorpClassAMember 2025-09-30 0000022370 jhit:C000236694Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000236694Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000236694Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000236694Member jhit:ElevanceHealthIncMember 2025-09-30 0000022370 jhit:C000236694Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000236694Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000236694Member jhit:GSKPLCADRMember 2025-09-30 0000022370 jhit:C000236694Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000236694Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000236694Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000236694Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000236694Member jhit:MicrosoftCorpMember 2025-09-30 0000022370 jhit:C000236694Member jhit:NasdaqIncMember 2025-09-30 0000022370 jhit:C000236694Member jhit:OracleCorpMember 2025-09-30 0000022370 jhit:C000236694Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000236694Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000236694Member jhit:SuncorEnergyIncMember 2025-09-30 0000022370 jhit:C000236695Member 2025-09-30 0000022370 jhit:C000236695Member jhit:AlphabetIncClassAMember 2025-09-30 0000022370 jhit:C000236695Member jhit:BectonDickinsonAndCompanyMember 2025-09-30 0000022370 jhit:C000236695Member jhit:CheniereEnergyIncMember 2025-09-30 0000022370 jhit:C000236695Member jhit:ComcastCorpClassAMember 2025-09-30 0000022370 jhit:C000236695Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000236695Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000236695Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000236695Member jhit:ElevanceHealthIncMember 2025-09-30 0000022370 jhit:C000236695Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000236695Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000236695Member jhit:GSKPLCADRMember 2025-09-30 0000022370 jhit:C000236695Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000236695Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000236695Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000236695Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000236695Member jhit:MicrosoftCorpMember 2025-09-30 0000022370 jhit:C000236695Member jhit:NasdaqIncMember 2025-09-30 0000022370 jhit:C000236695Member jhit:OracleCorpMember 2025-09-30 0000022370 jhit:C000236695Member us-gaap:RealEstateSectorMember 2025-09-30 0000022370 jhit:C000236695Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000236695Member jhit:SuncorEnergyIncMember 2025-09-30 0000022370 jhit:C000247102Member 2025-09-30 0000022370 jhit:C000247102Member jhit:AlphabetIncClassAMember 2025-09-30 0000022370 jhit:C000247102Member jhit:BectonDickinsonAndCompanyMember 2025-09-30 0000022370 jhit:C000247102Member jhit:BrownAndBrownIncMember 2025-09-30 0000022370 jhit:C000247102Member country:CA 2025-09-30 0000022370 jhit:C000247102Member jhit:CencoraIncMember 2025-09-30 0000022370 jhit:C000247102Member country:CH 2025-09-30 0000022370 jhit:C000247102Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000247102Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000247102Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000247102Member country:DE 2025-09-30 0000022370 jhit:C000247102Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000247102Member country:FR 2025-09-30 0000022370 jhit:C000247102Member country:GB 2025-09-30 0000022370 jhit:C000247102Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000247102Member country:IE 2025-09-30 0000022370 jhit:C000247102Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000247102Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000247102Member country:JP 2025-09-30 0000022370 jhit:C000247102Member jhit:LondonStockExchangeGroupPLCMember 2025-09-30 0000022370 jhit:C000247102Member jhit:LoweSCompaniesIncMember 2025-09-30 0000022370 jhit:C000247102Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000247102Member jhit:MicrosoftCorpMember 2025-09-30 0000022370 jhit:C000247102Member country:NL 2025-09-30 0000022370 jhit:C000247102Member jhit:NVIDIACorpMember 2025-09-30 0000022370 jhit:C000247102Member jhit:SchneiderElectricSEMember 2025-09-30 0000022370 jhit:C000247102Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000247102Member country:US 2025-09-30 0000022370 jhit:C000247102Member jhit:VisaIncClassAMember 2025-09-30 0000022370 jhit:C000251887Member 2025-09-30 0000022370 jhit:C000251887Member jhit:AlibabaGroupHoldingLtdMember 2025-09-30 0000022370 jhit:C000251887Member jhit:AlphabetIncClassCMember 2025-09-30 0000022370 jhit:C000251887Member country:AU 2025-09-30 0000022370 jhit:C000251887Member jhit:BAESystemsPLCMember 2025-09-30 0000022370 jhit:C000251887Member jhit:BroadcomIncMember 2025-09-30 0000022370 jhit:C000251887Member country:CA 2025-09-30 0000022370 jhit:C000251887Member country:CN 2025-09-30 0000022370 jhit:C000251887Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000251887Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000251887Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000251887Member jhit:DanskeBankASMember 2025-09-30 0000022370 jhit:C000251887Member country:DK 2025-09-30 0000022370 jhit:C000251887Member jhit:DuPontDeNemoursIncMember 2025-09-30 0000022370 jhit:C000251887Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000251887Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000251887Member country:FR 2025-09-30 0000022370 jhit:C000251887Member country:GB 2025-09-30 0000022370 jhit:C000251887Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000251887Member country:IE 2025-09-30 0000022370 jhit:C000251887Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000251887Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000251887Member country:JP 2025-09-30 0000022370 jhit:C000251887Member country:KR 2025-09-30 0000022370 jhit:C000251887Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000251887Member jhit:NAVERCorpMember 2025-09-30 0000022370 jhit:C000251887Member jhit:OtherCountriesMember 2025-09-30 0000022370 jhit:C000251887Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000251887Member jhit:SumitomoMitsuiFinancialGroupIncMember 2025-09-30 0000022370 jhit:C000251887Member jhit:TheWaltDisneyCompanyMember 2025-09-30 0000022370 jhit:C000251887Member country:US 2025-09-30 0000022370 jhit:C000251887Member jhit:VallourecSACAMember 2025-09-30 0000022370 jhit:C000251888Member 2025-09-30 0000022370 jhit:C000251888Member jhit:AlibabaGroupHoldingLtdMember 2025-09-30 0000022370 jhit:C000251888Member jhit:AlphabetIncClassCMember 2025-09-30 0000022370 jhit:C000251888Member country:AU 2025-09-30 0000022370 jhit:C000251888Member jhit:BAESystemsPLCMember 2025-09-30 0000022370 jhit:C000251888Member jhit:BroadcomIncMember 2025-09-30 0000022370 jhit:C000251888Member country:CA 2025-09-30 0000022370 jhit:C000251888Member country:CN 2025-09-30 0000022370 jhit:C000251888Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000251888Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000251888Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000251888Member jhit:DanskeBankASMember 2025-09-30 0000022370 jhit:C000251888Member country:DK 2025-09-30 0000022370 jhit:C000251888Member jhit:DuPontDeNemoursIncMember 2025-09-30 0000022370 jhit:C000251888Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000251888Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000251888Member country:FR 2025-09-30 0000022370 jhit:C000251888Member country:GB 2025-09-30 0000022370 jhit:C000251888Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000251888Member country:IE 2025-09-30 0000022370 jhit:C000251888Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000251888Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000251888Member country:JP 2025-09-30 0000022370 jhit:C000251888Member country:KR 2025-09-30 0000022370 jhit:C000251888Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000251888Member jhit:NAVERCorpMember 2025-09-30 0000022370 jhit:C000251888Member jhit:OtherCountriesMember 2025-09-30 0000022370 jhit:C000251888Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000251888Member jhit:SumitomoMitsuiFinancialGroupIncMember 2025-09-30 0000022370 jhit:C000251888Member jhit:TheWaltDisneyCompanyMember 2025-09-30 0000022370 jhit:C000251888Member country:US 2025-09-30 0000022370 jhit:C000251888Member jhit:VallourecSACAMember 2025-09-30 0000022370 jhit:C000251889Member 2025-09-30 0000022370 jhit:C000251889Member jhit:AlibabaGroupHoldingLtdMember 2025-09-30 0000022370 jhit:C000251889Member jhit:AlphabetIncClassCMember 2025-09-30 0000022370 jhit:C000251889Member country:AU 2025-09-30 0000022370 jhit:C000251889Member jhit:BAESystemsPLCMember 2025-09-30 0000022370 jhit:C000251889Member jhit:BroadcomIncMember 2025-09-30 0000022370 jhit:C000251889Member country:CA 2025-09-30 0000022370 jhit:C000251889Member country:CN 2025-09-30 0000022370 jhit:C000251889Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000251889Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000251889Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000251889Member jhit:DanskeBankASMember 2025-09-30 0000022370 jhit:C000251889Member country:DK 2025-09-30 0000022370 jhit:C000251889Member jhit:DuPontDeNemoursIncMember 2025-09-30 0000022370 jhit:C000251889Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000251889Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000251889Member country:FR 2025-09-30 0000022370 jhit:C000251889Member country:GB 2025-09-30 0000022370 jhit:C000251889Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000251889Member country:IE 2025-09-30 0000022370 jhit:C000251889Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000251889Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000251889Member country:JP 2025-09-30 0000022370 jhit:C000251889Member country:KR 2025-09-30 0000022370 jhit:C000251889Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000251889Member jhit:NAVERCorpMember 2025-09-30 0000022370 jhit:C000251889Member jhit:OtherCountriesMember 2025-09-30 0000022370 jhit:C000251889Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000251889Member jhit:SumitomoMitsuiFinancialGroupIncMember 2025-09-30 0000022370 jhit:C000251889Member jhit:TheWaltDisneyCompanyMember 2025-09-30 0000022370 jhit:C000251889Member country:US 2025-09-30 0000022370 jhit:C000251889Member jhit:VallourecSACAMember 2025-09-30 0000022370 jhit:C000251890Member 2025-09-30 0000022370 jhit:C000251890Member jhit:AlibabaGroupHoldingLtdMember 2025-09-30 0000022370 jhit:C000251890Member jhit:AlphabetIncClassCMember 2025-09-30 0000022370 jhit:C000251890Member country:AU 2025-09-30 0000022370 jhit:C000251890Member jhit:BAESystemsPLCMember 2025-09-30 0000022370 jhit:C000251890Member jhit:BroadcomIncMember 2025-09-30 0000022370 jhit:C000251890Member country:CA 2025-09-30 0000022370 jhit:C000251890Member country:CN 2025-09-30 0000022370 jhit:C000251890Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000251890Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000251890Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000251890Member jhit:DanskeBankASMember 2025-09-30 0000022370 jhit:C000251890Member country:DK 2025-09-30 0000022370 jhit:C000251890Member jhit:DuPontDeNemoursIncMember 2025-09-30 0000022370 jhit:C000251890Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000251890Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000251890Member country:FR 2025-09-30 0000022370 jhit:C000251890Member country:GB 2025-09-30 0000022370 jhit:C000251890Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000251890Member country:IE 2025-09-30 0000022370 jhit:C000251890Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000251890Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000251890Member country:JP 2025-09-30 0000022370 jhit:C000251890Member country:KR 2025-09-30 0000022370 jhit:C000251890Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000251890Member jhit:NAVERCorpMember 2025-09-30 0000022370 jhit:C000251890Member jhit:OtherCountriesMember 2025-09-30 0000022370 jhit:C000251890Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000251890Member jhit:SumitomoMitsuiFinancialGroupIncMember 2025-09-30 0000022370 jhit:C000251890Member jhit:TheWaltDisneyCompanyMember 2025-09-30 0000022370 jhit:C000251890Member country:US 2025-09-30 0000022370 jhit:C000251890Member jhit:VallourecSACAMember 2025-09-30 0000022370 jhit:C000251891Member 2025-09-30 0000022370 jhit:C000251891Member jhit:AlibabaGroupHoldingLtdMember 2025-09-30 0000022370 jhit:C000251891Member jhit:AlphabetIncClassCMember 2025-09-30 0000022370 jhit:C000251891Member country:AU 2025-09-30 0000022370 jhit:C000251891Member jhit:BAESystemsPLCMember 2025-09-30 0000022370 jhit:C000251891Member jhit:BroadcomIncMember 2025-09-30 0000022370 jhit:C000251891Member country:CA 2025-09-30 0000022370 jhit:C000251891Member country:CN 2025-09-30 0000022370 jhit:C000251891Member oef:CommunicationsSectorMember 2025-09-30 0000022370 jhit:C000251891Member oef:ConsumerDiscretionarySectorMember 2025-09-30 0000022370 jhit:C000251891Member oef:ConsumerStaplesSectorMember 2025-09-30 0000022370 jhit:C000251891Member jhit:DanskeBankASMember 2025-09-30 0000022370 jhit:C000251891Member country:DK 2025-09-30 0000022370 jhit:C000251891Member jhit:DuPontDeNemoursIncMember 2025-09-30 0000022370 jhit:C000251891Member us-gaap:EnergySectorMember 2025-09-30 0000022370 jhit:C000251891Member us-gaap:FinancialServicesSectorMember 2025-09-30 0000022370 jhit:C000251891Member country:FR 2025-09-30 0000022370 jhit:C000251891Member country:GB 2025-09-30 0000022370 jhit:C000251891Member us-gaap:HealthcareSectorMember 2025-09-30 0000022370 jhit:C000251891Member country:IE 2025-09-30 0000022370 jhit:C000251891Member oef:IndustrialSectorMember 2025-09-30 0000022370 jhit:C000251891Member oef:InformationTechnologySectorMember 2025-09-30 0000022370 jhit:C000251891Member country:JP 2025-09-30 0000022370 jhit:C000251891Member country:KR 2025-09-30 0000022370 jhit:C000251891Member oef:MaterialsSectorMember 2025-09-30 0000022370 jhit:C000251891Member jhit:NAVERCorpMember 2025-09-30 0000022370 jhit:C000251891Member jhit:OtherCountriesMember 2025-09-30 0000022370 jhit:C000251891Member jhit:ShortTermInvestmentsAndOtherMember 2025-09-30 0000022370 jhit:C000251891Member jhit:SumitomoMitsuiFinancialGroupIncMember 2025-09-30 0000022370 jhit:C000251891Member jhit:TheWaltDisneyCompanyMember 2025-09-30 0000022370 jhit:C000251891Member country:US 2025-09-30 0000022370 jhit:C000251891Member jhit:VallourecSACAMember 2025-09-30 iso4217:USDiso4217:USDxbrli:sharesxbrli:purexbrli:sharesutr:Djhit:Holding

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

------

#### FORM N-CSR

------

#### CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

#### Investment Company Act file number

#### 811-00560

#### JOHN HANCOCK INVESTMENT TRUST
(Exact name of registrant as specified in charter)

------

200 BERKELEY STREET, BOSTON, MA 02116

(Address of principal executive offices) (Zip code)

SALVATORE SCHIAVONE

TREASURER

200 BERKELEY STREET

BOSTON, MA 02116

(Name and address of agent for service)

#### Registrant's telephone number, including area code:
&nbsp;&nbsp;&nbsp;&nbsp;(617) 543-9634

#### Date of fiscal year end:

#### March 31

#### Date of reporting period:

#### September 30, 2025
ITEM 1. REPORTS TO STOCKHOLDERS

The Registrant prepared the following semiannual reports to shareholders for the six-months ended September 30, 2025:

* John Hancock Disciplined Value Global Long/Short Fund

* John Hancock Diversified Real Assets Fund

* John Hancock Fundamental Equity Income Fund

* John Hancock Global Climate Action Fund

* John Hancock Mid Cap Growth Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Disciplined Value Global Long/Short Fund
Class A/JAKRX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Disciplined Value Global Long/Short Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Disciplined Value Global Long/Short Fund<br>(Class A/JAKRX) | $104 | 1.92% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$339434135 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;267 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;135% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| BAE Systems PLC | 2.4% |
| Alphabet, Inc., Class C | 2.3% |
| Sumitomo Mitsui Financial Group, Inc. | 2.2% |
| The Walt Disney Company | 2.1% |
| NAVER Corp. | 2.0% |
| Vallourec SACA | 2.0% |
| Alibaba Group Holding, Ltd. | 2.0% |
| DuPont de Nemours, Inc. | 1.9% |
| Broadcom, Inc. | 1.9% |
| Danske Bank A/S | 1.9% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Financials | 13.8% |
| Materials | 13.8% |
| Industrials | 9.1% |
| Information technology | 9.1% |
| Communication services | 8.5% |
| Consumer discretionary | 8.3% |
| Energy | 7.6% |
| Consumer staples | 5.5% |
| Health care | 4.9% |
| Short-term investments and other | 19.4% |

---

**Country Composition**

![Graphical Representation - Allocation 2 Chart](chartimages_6133222.jpg)

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864510

492SA-A

9/25

11/25

John Hancock Disciplined Value Global Long/Short Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Disciplined Value Global Long/Short Fund
Class C/JAKTX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Disciplined Value Global Long/Short Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Disciplined Value Global Long/Short Fund<br>(Class C/JAKTX) | $146 | 2.69% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$339434135 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;267 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;135% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| BAE Systems PLC | 2.4% |
| Alphabet, Inc., Class C | 2.3% |
| Sumitomo Mitsui Financial Group, Inc. | 2.2% |
| The Walt Disney Company | 2.1% |
| NAVER Corp. | 2.0% |
| Vallourec SACA | 2.0% |
| Alibaba Group Holding, Ltd. | 2.0% |
| DuPont de Nemours, Inc. | 1.9% |
| Broadcom, Inc. | 1.9% |
| Danske Bank A/S | 1.9% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Financials | 13.8% |
| Materials | 13.8% |
| Industrials | 9.1% |
| Information technology | 9.1% |
| Communication services | 8.5% |
| Consumer discretionary | 8.3% |
| Energy | 7.6% |
| Consumer staples | 5.5% |
| Health care | 4.9% |
| Short-term investments and other | 19.4% |

---

**Country Composition**

![Graphical Representation - Allocation 2 Chart](chartimages_6133300.jpg)

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864510

492SA-C

9/25

11/25

John Hancock Disciplined Value Global Long/Short Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Disciplined Value Global Long/Short Fund
Class I/JAKUX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Disciplined Value Global Long/Short Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Disciplined Value Global Long/Short Fund<br>(Class I/JAKUX) | $91 | 1.67% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$339434135 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;267 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;135% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| BAE Systems PLC | 2.4% |
| Alphabet, Inc., Class C | 2.3% |
| Sumitomo Mitsui Financial Group, Inc. | 2.2% |
| The Walt Disney Company | 2.1% |
| NAVER Corp. | 2.0% |
| Vallourec SACA | 2.0% |
| Alibaba Group Holding, Ltd. | 2.0% |
| DuPont de Nemours, Inc. | 1.9% |
| Broadcom, Inc. | 1.9% |
| Danske Bank A/S | 1.9% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Financials | 13.8% |
| Materials | 13.8% |
| Industrials | 9.1% |
| Information technology | 9.1% |
| Communication services | 8.5% |
| Consumer discretionary | 8.3% |
| Energy | 7.6% |
| Consumer staples | 5.5% |
| Health care | 4.9% |
| Short-term investments and other | 19.4% |

---

**Country Composition**

![Graphical Representation - Allocation 2 Chart](chartimages_6133261.jpg)

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864510

492SA-I

9/25

11/25

John Hancock Disciplined Value Global Long/Short Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Disciplined Value Global Long/Short Fund
Class NAV/JAKWX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Disciplined Value Global Long/Short Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Disciplined Value Global Long/Short Fund<br>(Class NAV/JAKWX) | $85 | 1.56% |

---

 **The inception date for Class NAV shares is 4-4-25.** 

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$339434135 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;267 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;135% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| BAE Systems PLC | 2.4% |
| Alphabet, Inc., Class C | 2.3% |
| Sumitomo Mitsui Financial Group, Inc. | 2.2% |
| The Walt Disney Company | 2.1% |
| NAVER Corp. | 2.0% |
| Vallourec SACA | 2.0% |
| Alibaba Group Holding, Ltd. | 2.0% |
| DuPont de Nemours, Inc. | 1.9% |
| Broadcom, Inc. | 1.9% |
| Danske Bank A/S | 1.9% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Financials | 13.8% |
| Materials | 13.8% |
| Industrials | 9.1% |
| Information technology | 9.1% |
| Communication services | 8.5% |
| Consumer discretionary | 8.3% |
| Energy | 7.6% |
| Consumer staples | 5.5% |
| Health care | 4.9% |
| Short-term investments and other | 19.4% |

---

**Country Composition**

![Graphical Representation - Allocation 2 Chart](chartimages_6181199.jpg)

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5296.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864510

492SA-NAV

9/25

11/25

John Hancock Disciplined Value Global Long/Short Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Disciplined Value Global Long/Short Fund
Class R6/JAKVX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Disciplined Value Global Long/Short Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Disciplined Value Global Long/Short Fund<br>(Class R6/JAKVX) | $86 | 1.57% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$339434135 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;267 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;135% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| BAE Systems PLC | 2.4% |
| Alphabet, Inc., Class C | 2.3% |
| Sumitomo Mitsui Financial Group, Inc. | 2.2% |
| The Walt Disney Company | 2.1% |
| NAVER Corp. | 2.0% |
| Vallourec SACA | 2.0% |
| Alibaba Group Holding, Ltd. | 2.0% |
| DuPont de Nemours, Inc. | 1.9% |
| Broadcom, Inc. | 1.9% |
| Danske Bank A/S | 1.9% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Financials | 13.8% |
| Materials | 13.8% |
| Industrials | 9.1% |
| Information technology | 9.1% |
| Communication services | 8.5% |
| Consumer discretionary | 8.3% |
| Energy | 7.6% |
| Consumer staples | 5.5% |
| Health care | 4.9% |
| Short-term investments and other | 19.4% |

---

**Country Composition**

![Graphical Representation - Allocation 2 Chart](chartimages_6133339.jpg)

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864510

492SA-R6

9/25

11/25

John Hancock Disciplined Value Global Long/Short Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Diversified Real Assets Fund
Class NAV

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Diversified Real Assets Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Diversified Real Assets Fund<br>(Class NAV) | $47 | 0.88% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$774105174 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;290 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;25% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| Welltower, Inc. | 3.4% |
| Prologis, Inc. | 2.9% |
| Exxon Mobil Corp. | 2.7% |
| Chevron Corp. | 2.6% |
| Shell PLC | 2.5% |
| Canadian Natural Resources, Ltd. | 1.9% |
| Simon Property Group, Inc. | 1.8% |
| Agnico Eagle Mines, Ltd. | 1.6% |
| Equinix, Inc. | 1.6% |
| Digital Realty Trust, Inc. | 1.5% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Energy | 34.5% |
| Real estate | 33.5% |
| Materials | 18.0% |
| Utilities | 6.5% |
| Industrials | 2.2% |
| Financials | 1.1% |
| Information technology | 1.0% |
| Consumer discretionary | 1.0% |
| Communication services | 0.8% |
| Health care | 0.6% |
| Consumer staples | 0.1% |
| Short-term investments and other | 0.7% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5296.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

DRASA-NAV

9/25

11/25

John Hancock Diversified Real Assets Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Fundamental Equity Income Fund
Class A/JHCMX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Fundamental Equity Income Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Fundamental Equity Income Fund<br>(Class A/JHCMX) | $58 | 1.07% |

---

 **The inception date for Class A shares is 4-4-25.** 

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$6128071 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;59 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;15% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| Comcast Corp., Class A | 3.5% |
| Microsoft Corp. | 3.4% |
| GSK PLC, ADR | 3.0% |
| Cheniere Energy, Inc. | 2.9% |
| Elevance Health, Inc. | 2.8% |
| Suncor Energy, Inc. | 2.5% |
| Becton, Dickinson and Company | 2.5% |
| Alphabet, Inc., Class A | 2.4% |
| Nasdaq, Inc. | 2.4% |
| Oracle Corp. | 2.3% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Health care | 19.7% |
| Financials | 16.1% |
| Information technology | 11.3% |
| Consumer discretionary | 11.0% |
| Energy | 7.0% |
| Consumer staples | 7.0% |
| Industrials | 6.9% |
| Communication services | 6.7% |
| Real estate | 5.4% |
| Materials | 2.3% |
| Short-term investments and other | 6.6% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4873397

490SA-A

9/25

11/25 John Hancock Fundamental Equity Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Fundamental Equity Income Fund
Class C/JHCOX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Fundamental Equity Income Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Fundamental Equity Income Fund<br>(Class C/JHCOX) | $98 | 1.82% |

---

 **The inception date for Class C shares is 4-4-25.** 

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$6128071 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;59 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;15% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| Comcast Corp., Class A | 3.5% |
| Microsoft Corp. | 3.4% |
| GSK PLC, ADR | 3.0% |
| Cheniere Energy, Inc. | 2.9% |
| Elevance Health, Inc. | 2.8% |
| Suncor Energy, Inc. | 2.5% |
| Becton, Dickinson and Company | 2.5% |
| Alphabet, Inc., Class A | 2.4% |
| Nasdaq, Inc. | 2.4% |
| Oracle Corp. | 2.3% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Health care | 19.7% |
| Financials | 16.1% |
| Information technology | 11.3% |
| Consumer discretionary | 11.0% |
| Energy | 7.0% |
| Consumer staples | 7.0% |
| Industrials | 6.9% |
| Communication services | 6.7% |
| Real estate | 5.4% |
| Materials | 2.3% |
| Short-term investments and other | 6.6% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4873397

490SA-C

9/25

11/25

John Hancock Fundamental Equity Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Fundamental Equity Income Fund
Class I/JHFEX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Fundamental Equity Income Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Fundamental Equity Income Fund<br>(Class I/JHFEX) | $43 | 0.82% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$6128071 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;59 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;15% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| Comcast Corp., Class A | 3.5% |
| Microsoft Corp. | 3.4% |
| GSK PLC, ADR | 3.0% |
| Cheniere Energy, Inc. | 2.9% |
| Elevance Health, Inc. | 2.8% |
| Suncor Energy, Inc. | 2.5% |
| Becton, Dickinson and Company | 2.5% |
| Alphabet, Inc., Class A | 2.4% |
| Nasdaq, Inc. | 2.4% |
| Oracle Corp. | 2.3% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Health care | 19.7% |
| Financials | 16.1% |
| Information technology | 11.3% |
| Consumer discretionary | 11.0% |
| Energy | 7.0% |
| Consumer staples | 7.0% |
| Industrials | 6.9% |
| Communication services | 6.7% |
| Real estate | 5.4% |
| Materials | 2.3% |
| Short-term investments and other | 6.6% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4873397

490SA-I

9/25

11/25

John Hancock Fundamental Equity Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Fundamental Equity Income Fund
Class R6/JHCQX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Fundamental Equity Income Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Fundamental Equity Income Fund<br>(Class R6/JHCQX) | $39 | 0.72% |

---

 **The inception date for Class R6 shares is 4-4-25.** 

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$6128071 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;59 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;15% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| Comcast Corp., Class A | 3.5% |
| Microsoft Corp. | 3.4% |
| GSK PLC, ADR | 3.0% |
| Cheniere Energy, Inc. | 2.9% |
| Elevance Health, Inc. | 2.8% |
| Suncor Energy, Inc. | 2.5% |
| Becton, Dickinson and Company | 2.5% |
| Alphabet, Inc., Class A | 2.4% |
| Nasdaq, Inc. | 2.4% |
| Oracle Corp. | 2.3% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Health care | 19.7% |
| Financials | 16.1% |
| Information technology | 11.3% |
| Consumer discretionary | 11.0% |
| Energy | 7.0% |
| Consumer staples | 7.0% |
| Industrials | 6.9% |
| Communication services | 6.7% |
| Real estate | 5.4% |
| Materials | 2.3% |
| Short-term investments and other | 6.6% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4873397

490SA-R6

9/25

11/25

John Hancock Fundamental Equity Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Global Climate Action Fund
Class I/JLFSX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Global Climate Action Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br> of a $10,000 investment** |
| Global Climate Action Fund<br> (Class I/JLFSX) | $51 | 0.95% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$6700034 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;41 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;58% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total investments of the fund.

 **Top Ten Holdings**

---

| | |
|:---|:---|
| Microsoft Corp. | 8.0% |
| NVIDIA Corp. | 6.2% |
| Alphabet, Inc., Class A | 3.7% |
| Cencora, Inc. | 3.6% |
| Schneider Electric SE | 3.6% |
| Becton, Dickinson and Company | 3.6% |
| Visa, Inc., Class A | 3.5% |
| London Stock Exchange Group PLC | 3.2% |
| Lowe's Companies, Inc. | 3.1% |
| Brown & Brown, Inc. | 3.1% |

---

 **Sector Composition**

---

| | |
|:---|:---|
| Information technology | 30.0% |
| Industrials | 21.0% |
| Financials | 13.7% |
| Health care | 11.1% |
| Consumer discretionary | 9.7% |
| Communication services | 5.5% |
| Consumer staples | 5.4% |
| Materials | 3.2% |
| Short-term investments and other | 0.4% |

---

 **Country Composition**

![Graphical Representation - Allocation 2 Chart](chartimages_6131015.jpg)

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

 *The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

You can find the following additional information about the fund by contacting us at 800-225-5291:

* Prospectus 

* Financial information 

* Fund holdings 

* Proxy voting information 

 **This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

491SA-I

9/25

11/25

John Hancock Global Climate Action Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Mid Cap Growth Fund
Class A/JACJX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Mid Cap Growth Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Mid Cap Growth Fund<br>(Class A/JACJX) | $64 | 1.18% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1251749895 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;69 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;78% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| ROBLOX Corp., Class A | 3.3% |
| Cloudflare, Inc., Class A | 3.2% |
| Liberty Media Corp.-Liberty Formula One, Series C | 3.1% |
| Howmet Aerospace, Inc. | 3.1% |
| Celestica, Inc. | 3.0% |
| Vertiv Holdings Company, Class A | 3.0% |
| Royal Caribbean Cruises, Ltd. | 2.7% |
| Natera, Inc. | 2.7% |
| Live Nation Entertainment, Inc. | 2.5% |
| DraftKings, Inc., Class A | 2.4% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Information technology | 23.1% |
| Consumer discretionary | 20.2% |
| Industrials | 16.2% |
| Health care | 11.5% |
| Communication services | 10.7% |
| Financials | 7.4% |
| Energy | 3.3% |
| Utilities | 3.2% |
| Real estate | 1.3% |
| Consumer staples | 1.0% |
| Short-term investments and other | 2.1% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864509

481SA-A

9/25

11/25

John Hancock Mid Cap Growth Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Mid Cap Growth Fund
Class C/JACLX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Mid Cap Growth Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Mid Cap Growth Fund<br>(Class C/JACLX) | $105 | 1.93% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1251749895 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;69 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;78% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| ROBLOX Corp., Class A | 3.3% |
| Cloudflare, Inc., Class A | 3.2% |
| Liberty Media Corp.-Liberty Formula One, Series C | 3.1% |
| Howmet Aerospace, Inc. | 3.1% |
| Celestica, Inc. | 3.0% |
| Vertiv Holdings Company, Class A | 3.0% |
| Royal Caribbean Cruises, Ltd. | 2.7% |
| Natera, Inc. | 2.7% |
| Live Nation Entertainment, Inc. | 2.5% |
| DraftKings, Inc., Class A | 2.4% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Information technology | 23.1% |
| Consumer discretionary | 20.2% |
| Industrials | 16.2% |
| Health care | 11.5% |
| Communication services | 10.7% |
| Financials | 7.4% |
| Energy | 3.3% |
| Utilities | 3.2% |
| Real estate | 1.3% |
| Consumer staples | 1.0% |
| Short-term investments and other | 2.1% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864509

481SA-C

9/25

11/25 John Hancock Mid Cap Growth Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Mid Cap Growth Fund
Class I/JACBX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Mid Cap Growth Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Mid Cap Growth Fund<br>(Class I/JACBX) | $51 | 0.93% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1251749895 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;69 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;78% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| ROBLOX Corp., Class A | 3.3% |
| Cloudflare, Inc., Class A | 3.2% |
| Liberty Media Corp.-Liberty Formula One, Series C | 3.1% |
| Howmet Aerospace, Inc. | 3.1% |
| Celestica, Inc. | 3.0% |
| Vertiv Holdings Company, Class A | 3.0% |
| Royal Caribbean Cruises, Ltd. | 2.7% |
| Natera, Inc. | 2.7% |
| Live Nation Entertainment, Inc. | 2.5% |
| DraftKings, Inc., Class A | 2.4% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Information technology | 23.1% |
| Consumer discretionary | 20.2% |
| Industrials | 16.2% |
| Health care | 11.5% |
| Communication services | 10.7% |
| Financials | 7.4% |
| Energy | 3.3% |
| Utilities | 3.2% |
| Real estate | 1.3% |
| Consumer staples | 1.0% |
| Short-term investments and other | 2.1% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864509

481SA-I

9/25

11/25 John Hancock Mid Cap Growth Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Mid Cap Growth Fund
Class NAV/JACFX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Mid Cap Growth Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Mid Cap Growth Fund<br>(Class NAV/JACFX) | $44 | 0.81% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1251749895 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;69 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;78% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| ROBLOX Corp., Class A | 3.3% |
| Cloudflare, Inc., Class A | 3.2% |
| Liberty Media Corp.-Liberty Formula One, Series C | 3.1% |
| Howmet Aerospace, Inc. | 3.1% |
| Celestica, Inc. | 3.0% |
| Vertiv Holdings Company, Class A | 3.0% |
| Royal Caribbean Cruises, Ltd. | 2.7% |
| Natera, Inc. | 2.7% |
| Live Nation Entertainment, Inc. | 2.5% |
| DraftKings, Inc., Class A | 2.4% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Information technology | 23.1% |
| Consumer discretionary | 20.2% |
| Industrials | 16.2% |
| Health care | 11.5% |
| Communication services | 10.7% |
| Financials | 7.4% |
| Energy | 3.3% |
| Utilities | 3.2% |
| Real estate | 1.3% |
| Consumer staples | 1.0% |
| Short-term investments and other | 2.1% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5296.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864509

481SA-NAV

9/25

11/25

John Hancock Mid Cap Growth Fund

![Manulife JH front rebranded logo-TSR and FS](images_5275.jpg)

## John Hancock Mid Cap Growth Fund
Class R6/JACEX

#### Semiannual SHAREHOLDER REPORT \| September 30, 2025
This semiannual shareholder report contains important information about the John Hancock Mid Cap Growth Fund (the fund) for the period of April 1, 2025 to September 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Mid Cap Growth Fund<br>(Class R6/JACEX) | $45 | 0.82% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1251749895 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;69 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;78% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| ROBLOX Corp., Class A | 3.3% |
| Cloudflare, Inc., Class A | 3.2% |
| Liberty Media Corp.-Liberty Formula One, Series C | 3.1% |
| Howmet Aerospace, Inc. | 3.1% |
| Celestica, Inc. | 3.0% |
| Vertiv Holdings Company, Class A | 3.0% |
| Royal Caribbean Cruises, Ltd. | 2.7% |
| Natera, Inc. | 2.7% |
| Live Nation Entertainment, Inc. | 2.5% |
| DraftKings, Inc., Class A | 2.4% |

---

**Sector Composition**

---

| | |
|:---|:---|
| Information technology | 23.1% |
| Consumer discretionary | 20.2% |
| Industrials | 16.2% |
| Health care | 11.5% |
| Communication services | 10.7% |
| Financials | 7.4% |
| Energy | 3.3% |
| Utilities | 3.2% |
| Real estate | 1.3% |
| Consumer staples | 1.0% |
| Short-term investments and other | 2.1% |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5295.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH back logo rebranded](images_5279.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

MF4864509

481SA-R6

9/25

11/25

John Hancock Mid Cap Growth Fund

------

ITEM 2. CODE OF ETHICS.

Item is not applicable at this time.

------

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Item is not applicable at this time.

------

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Item is not applicable at this time.

------

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

Item is not applicable at this time.

------

ITEM 6. SCHEDULE OF INVESTMENTS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Refer to information included in Item 7.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

------

ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The Registrant prepared financial statements and financial highlights for the six-months ended September 30, 2025 for the following funds:

* John Hancock Disciplined Value Global Long/Short Fund

* John Hancock Diversified Real Assets Fund

* John Hancock Fundamental Equity Income Fund

* John Hancock Global Climate Action Fund

* John Hancock Mid Cap Growth Fund

------

![](img6c9a7d7b1.gif)

![](imga0451b132.gif)

Semiannual Financial Statements & Other N-CSR Items

## John Hancock

## Disciplined Value Global Long/Short Fund
Alternative

September 30, 2025

------

John Hancock

Disciplined Value Global Long/Short Fund

Table of contents

---

| | |
|:---|:---|
| &nbsp;&nbsp;**2** | &nbsp;&nbsp;[Fund's investments](#xx_46c533ed-d58f-42a2-bd6c-9b07c431454c_1) |
| **20** | &nbsp;&nbsp;[Financial statements](#xx_2eaee79c-c0e8-4009-b8f6-b470ec90cdb8_1) |
| **24** | &nbsp;&nbsp;[Financial highlights](#xx_92cd3312-a941-49c8-9733-78bbf109ff49_1) |
| **29** | &nbsp;&nbsp;[Notes to financial statements](#xx_1cf4cb15-bb44-42c7-b2fd-3d333d6ad045_1) |
| **43** | &nbsp;&nbsp;[Evaluation of advisory and subadvisory agreements by the Board of Trustees](#xx_5a199841-9f09-43ec-a970-68936eedd80c_1) |

---

1 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

Fund's investments

#### AS OF 9-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common stocks 80.2%** |  | &nbsp;&nbsp;**$272298197** |
| (Cost $235,263,698) |  |  |
| **Australia 2.9%** |  | &nbsp;&nbsp;**10018668** |
| Beetaloo Energy Australia, Ltd. (A)(B) | &nbsp;&nbsp;22671611 | &nbsp;&nbsp;4805178 |
| Rio Tinto, Ltd. | &nbsp;&nbsp;64633 | &nbsp;&nbsp;5213490 |
| **Bermuda 1.4%** |  | &nbsp;&nbsp;**4738612** |
| Everest Group, Ltd. | &nbsp;&nbsp;13530 | &nbsp;&nbsp;4738612 |
| **Brazil 0.8%** |  | &nbsp;&nbsp;**2702060** |
| Itau Unibanco Holding SA, ADR | &nbsp;&nbsp;368128 | &nbsp;&nbsp;2702060 |
| **Canada 5.2%** |  | &nbsp;&nbsp;**17645195** |
| Allied Gold Corp. (A) | &nbsp;&nbsp;54398 | &nbsp;&nbsp;950607 |
| Cenovus Energy, Inc. | &nbsp;&nbsp;159346 | &nbsp;&nbsp;2707289 |
| Methanex Corp. | &nbsp;&nbsp;65696 | &nbsp;&nbsp;2612073 |
| New Gold, Inc. (A) | &nbsp;&nbsp;118463 | &nbsp;&nbsp;850564 |
| Nutrien, Ltd. (B) | &nbsp;&nbsp;93254 | &nbsp;&nbsp;5474942 |
| Teck Resources, Ltd., Class B (C) | &nbsp;&nbsp;115054 | &nbsp;&nbsp;5049720 |
| **China 2.8%** |  | &nbsp;&nbsp;**9389430** |
| Alibaba Group Holding, Ltd. | &nbsp;&nbsp;294200 | &nbsp;&nbsp;6579518 |
| Tongcheng Travel Holdings, Ltd. | &nbsp;&nbsp;951200 | &nbsp;&nbsp;2809912 |
| **Denmark 2.8%** |  | &nbsp;&nbsp;**9497133** |
| Danske Bank A/S | &nbsp;&nbsp;148055 | &nbsp;&nbsp;6324104 |
| Novo Nordisk A/S, ADR | &nbsp;&nbsp;57182 | &nbsp;&nbsp;3173029 |
| **France 6.7%** |  | &nbsp;&nbsp;**22693709** |
| Constellium SE (A) | &nbsp;&nbsp;309773 | &nbsp;&nbsp;4609422 |
| Eurazeo SE | &nbsp;&nbsp;50233 | &nbsp;&nbsp;3321355 |
| Ipsen SA | &nbsp;&nbsp;13107 | &nbsp;&nbsp;1759963 |
| Pernod Ricard SA | &nbsp;&nbsp;29364 | &nbsp;&nbsp;2890911 |
| Rexel SA | &nbsp;&nbsp;101648 | &nbsp;&nbsp;3346588 |
| Vallourec SACA | &nbsp;&nbsp;354440 | &nbsp;&nbsp;6765470 |
| **Hong Kong 1.5%** |  | &nbsp;&nbsp;**4997276** |
| CK Hutchison Holdings, Ltd. | &nbsp;&nbsp;496500 | &nbsp;&nbsp;3261995 |
| Prudential PLC | &nbsp;&nbsp;123951 | &nbsp;&nbsp;1735281 |
| **India 1.4%** |  | &nbsp;&nbsp;**4659971** |
| HDFC Bank, Ltd., ADR | &nbsp;&nbsp;136416 | &nbsp;&nbsp;4659971 |
| **Ireland 1.6%** |  | &nbsp;&nbsp;**5333059** |
| Medtronic PLC | &nbsp;&nbsp;55996 | &nbsp;&nbsp;5333059 |
| **Italy 1.3%** |  | &nbsp;&nbsp;**4541073** |
| Saipem SpA | &nbsp;&nbsp;1568664 | &nbsp;&nbsp;4541073 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 2

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan 8.5%** |  | &nbsp;&nbsp;**$28874510** |
| Hitachi, Ltd. | &nbsp;&nbsp;100900 | &nbsp;&nbsp;2673150 |
| Japan Post Insurance Company, Ltd. | &nbsp;&nbsp;26700 | &nbsp;&nbsp;756706 |
| Kyocera Corp. | &nbsp;&nbsp;287600 | &nbsp;&nbsp;3863529 |
| Resona Holdings, Inc. | &nbsp;&nbsp;211900 | &nbsp;&nbsp;2160807 |
| Sony Group Corp. | &nbsp;&nbsp;174500 | &nbsp;&nbsp;5016300 |
| Stanley Electric Company, Ltd. (B) | &nbsp;&nbsp;81700 | &nbsp;&nbsp;1648004 |
| Sumitomo Mitsui Financial Group, Inc. | &nbsp;&nbsp;268000 | &nbsp;&nbsp;7539606 |
| Suzuken Company, Ltd. | &nbsp;&nbsp;58200 | &nbsp;&nbsp;2287384 |
| Toyo Suisan Kaisha, Ltd. | &nbsp;&nbsp;41000 | &nbsp;&nbsp;2929024 |
| **Mexico 1.6%** |  | &nbsp;&nbsp;**5272916** |
| America Movil SAB de CV, ADR | &nbsp;&nbsp;140406 | &nbsp;&nbsp;2948526 |
| Coca-Cola Femsa SAB de CV, ADR | &nbsp;&nbsp;27971 | &nbsp;&nbsp;2324390 |
| **Namibia 0.1%** |  | &nbsp;&nbsp;**342083** |
| Andrada Mining, Ltd. (A) | &nbsp;&nbsp;8631140 | &nbsp;&nbsp;342083 |
| **South Korea 4.7%** |  | &nbsp;&nbsp;**16113678** |
| HD Korea Shipbuilding & Offshore Engineering Company, Ltd. | &nbsp;&nbsp;11471 | &nbsp;&nbsp;3361225 |
| KT Corp., ADR (C) | &nbsp;&nbsp;199252 | &nbsp;&nbsp;3885414 |
| NAVER Corp. | &nbsp;&nbsp;35724 | &nbsp;&nbsp;6854959 |
| Samsung Fire & Marine Insurance Company, Ltd. | &nbsp;&nbsp;6251 | &nbsp;&nbsp;2012080 |
| **United Kingdom 5.1%** |  | &nbsp;&nbsp;**17444698** |
| AstraZeneca PLC, ADR | &nbsp;&nbsp;22089 | &nbsp;&nbsp;1694668 |
| BAE Systems PLC | &nbsp;&nbsp;290730 | &nbsp;&nbsp;8092881 |
| Beazley PLC | &nbsp;&nbsp;29133 | &nbsp;&nbsp;356296 |
| Endeavour Mining PLC | &nbsp;&nbsp;63908 | &nbsp;&nbsp;2684531 |
| Nomad Foods, Ltd. (C) | &nbsp;&nbsp;347628 | &nbsp;&nbsp;4571311 |
| SSE PLC | &nbsp;&nbsp;1919 | &nbsp;&nbsp;45011 |
| **United States 31.8%** |  | &nbsp;&nbsp;**108034126** |
| Abercrombie & Fitch Company, Class A (A) | &nbsp;&nbsp;35819 | &nbsp;&nbsp;3064315 |
| Alphabet, Inc., Class C (C) | &nbsp;&nbsp;32211 | &nbsp;&nbsp;7844989 |
| Applied Materials, Inc. | &nbsp;&nbsp;18143 | &nbsp;&nbsp;3714598 |
| Bank of America Corp. (C) | &nbsp;&nbsp;96810 | &nbsp;&nbsp;4994428 |
| Booking Holdings, Inc. (C) | &nbsp;&nbsp;569 | &nbsp;&nbsp;3072185 |
| Broadcom, Inc. | &nbsp;&nbsp;19219 | &nbsp;&nbsp;6340540 |
| Century Aluminum Company (A) | &nbsp;&nbsp;109159 | &nbsp;&nbsp;3204908 |
| D.R. Horton, Inc. | &nbsp;&nbsp;10698 | &nbsp;&nbsp;1812990 |
| DuPont de Nemours, Inc. | &nbsp;&nbsp;81451 | &nbsp;&nbsp;6345033 |
| Enovis Corp. (A) | &nbsp;&nbsp;81118 | &nbsp;&nbsp;2461120 |
| Honeywell International, Inc. | &nbsp;&nbsp;18632 | &nbsp;&nbsp;3922036 |
| Huntington Bancshares, Inc. | &nbsp;&nbsp;325960 | &nbsp;&nbsp;5629329 |
| KBR, Inc. | &nbsp;&nbsp;53098 | &nbsp;&nbsp;2511004 |
| Keysight Technologies, Inc. (A) | &nbsp;&nbsp;31084 | &nbsp;&nbsp;5437213 |

---

3 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United States (continued)** |  |  |
| Lennar Corp., Class A | &nbsp;&nbsp;15185 | &nbsp;&nbsp;$1913917 |
| Marathon Petroleum Corp. (C) | &nbsp;&nbsp;11534 | &nbsp;&nbsp;2223063 |
| Mativ Holdings, Inc. | &nbsp;&nbsp;177593 | &nbsp;&nbsp;2008577 |
| ONEOK, Inc. | &nbsp;&nbsp;37648 | &nbsp;&nbsp;2747175 |
| Oracle Corp. (C) | &nbsp;&nbsp;21547 | &nbsp;&nbsp;6059878 |
| Perpetua Resources Corp. (A) | &nbsp;&nbsp;115123 | &nbsp;&nbsp;2328938 |
| Range Resources Corp. | &nbsp;&nbsp;56593 | &nbsp;&nbsp;2130161 |
| Salesforce, Inc. | &nbsp;&nbsp;22651 | &nbsp;&nbsp;5368287 |
| Sysco Corp. (C) | &nbsp;&nbsp;70992 | &nbsp;&nbsp;5845481 |
| The Mosaic Company (C) | &nbsp;&nbsp;106254 | &nbsp;&nbsp;3684889 |
| The Walt Disney Company | &nbsp;&nbsp;63615 | &nbsp;&nbsp;7283918 |
| Uber Technologies, Inc. (A) | &nbsp;&nbsp;38512 | &nbsp;&nbsp;3773021 |
| VF Corp. | &nbsp;&nbsp;160231 | &nbsp;&nbsp;2312133 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Convertible bonds 0.4%** |  |  |  |  | &nbsp;&nbsp;**$1384708** |
| (Cost $1,438,585) |  |  |  |  |  |
| **Namibia 0.4%** |  |  |  |  | &nbsp;&nbsp;**1384708** |
| Andrada Mining, Ltd. (D) | &nbsp;&nbsp;12.000 | &nbsp;&nbsp;12-31-26 | &nbsp;&nbsp;GBP | 1100000 | &nbsp;&nbsp;1384708 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 19.4%** |  |  | **$65911214** |
| (Cost $65,911,207) |  |  |  |
| **Short-term funds 19.4%** |  |  | &nbsp;&nbsp;**65911214** |
| Fidelity Government Portfolio, Institutional Class | &nbsp;&nbsp;4.0743(E) | &nbsp;&nbsp;64593899 | 64593899 |
| John Hancock Collateral Trust (F) | &nbsp;&nbsp;4.0668(E) | &nbsp;&nbsp;131687 | 1317315 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Total investments (Cost $302,613,490) 100.0%** | &nbsp;&nbsp;**$339594119** |
| **Other assets and liabilities, net (0.0%)** | &nbsp;&nbsp;**(159984)** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$339434135** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Securities sold short (0.8)%** |  | &nbsp;&nbsp;**$(2687132)** |
| (Proceeds received $2,051,570) |  |  |
| **Japan (0.3)%** |  | &nbsp;&nbsp;**(1037975)** |
| Fuji Media Holdings, Inc. | (43900) | &nbsp;&nbsp;(1037975) |
| **Sweden (0.5)%** |  | &nbsp;&nbsp;**(1649157)** |
| Hennes & Mauritz AB, B Shares | (88220) | &nbsp;&nbsp;(1649157) |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | ^All par values are denominated in U.S. dollars unless otherwise indicated. |
| **Currency Abbreviations** | **Currency Abbreviations** |
| GBP | Pound Sterling |

---

&nbsp;&nbsp;&nbsp;&nbsp;

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 4

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | |
|:---|:---|
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. |
| (C) | All or a portion of this security is segregated as collateral for certain derivatives and/or securities sold short. |
| (D) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements. |
| (E) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

The fund had the following sector composition as a percentage of net assets on 9-30-25:

---

| | |
|:---|:---|
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;13.8% |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;13.8% |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;9.1% |
| Information technology | &nbsp;&nbsp;&nbsp;&nbsp;9.1% |
| Communication services | &nbsp;&nbsp;&nbsp;&nbsp;8.5% |
| Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;8.3% |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;7.6% |
| Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;5.5% |
| Health care | &nbsp;&nbsp;&nbsp;&nbsp;4.9% |
| Short-term investments and other | &nbsp;&nbsp;&nbsp;&nbsp;19.4% |
| **TOTAL** | **100.0%** |

---

5 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

#### DERIVATIVES

#### WRITTEN OPTIONS

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** |
| **Counterparty (OTC)/<br> Exchange-<br> traded** | **Name of issuer** | **Currency** | **Exercise<br> price** | **Expiration<br> date** | **Number<br> of<br> contracts** | **Notional<br> amount** | **Premium** | **Value** |
| **Calls** | **Calls** |  |  |  |  |  |  |  |
| Exchange-traded | Bank of America Corp. | USD | 40.00 | Dec 2025 | 745 | 74500 | $575939 | $(905175) |
| Exchange-traded | Booking Holdings, Inc. | USD | 5400.00 | Jan 2026 | 2 | 200 | 87694 | (73510) |
| Exchange-traded | Broadcom, Inc. | USD | 240.00 | Dec 2025 | 135 | 13500 | 777358 | (1293638) |
|  |  |  |  |  |  |  | **$1440991** | **$(2272323)** |

---

#### SWAPS

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Aberdeen Group PLC | GBP SONIA Compounded OIS - 0.40% | At Maturity | GBP | &nbsp;&nbsp;&nbsp;571402 | Feb 2026 | GSI |  | $(324986) | $(324986) |
| Pay | Acushnet Holdings Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;634315 | Jun 2026 | GSI |  | &nbsp;&nbsp;(176841) | &nbsp;&nbsp;(176841) |
| Pay | BlackLine, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;788576 | Jun 2026 | GSI |  | &nbsp;&nbsp;&nbsp;(70524) | &nbsp;&nbsp;&nbsp;(70524) |
| Pay | Fastighets AB Balder, B Shares | SEK SIOR Compounded OIS - 1.00% | At Maturity | SEK | 7795419 | Jun 2026 | GSI |  | &nbsp;&nbsp;&nbsp;(34070) | &nbsp;&nbsp;&nbsp;(34070) |
| Pay | National Beverage Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | 1368160 | Jun 2026 | GSI |  | &nbsp;&nbsp;&nbsp;270728 | &nbsp;&nbsp;&nbsp;270728 |
| Pay | Nokian Renkaat Oyj | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;726860 | Jun 2026 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;3978 | &nbsp;&nbsp;&nbsp;&nbsp;3978 |
| Pay | Valmet Oyj | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;874104 | Jun 2026 | GSI |  | &nbsp;&nbsp;(286920) | &nbsp;&nbsp;(286920) |
| Pay | Bank of Hawaii Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | 1202045 | Jul 2026 | GSI |  | &nbsp;&nbsp;&nbsp;(84616) | &nbsp;&nbsp;&nbsp;(84616) |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 6

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Novanta, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;1145061 | Aug 2026 | GSI |  | $311441 | $311441 |
| Pay | Fubon Financial Holding Company, Ltd. | USD Federal Funds Compounded OIS - 0.50% | At Maturity | USD | &nbsp;&nbsp;1668834 | Sep 2026 | GSI |  | (317151) | (317151) |
| Pay | Sika AG | CHF SARON Compounded OIS - 0.40% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;187608 | Oct 2026 | GSI |  | &nbsp;&nbsp;&nbsp;70028 | &nbsp;&nbsp;&nbsp;70028 |
| Pay | Tesla, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;1511057 | Oct 2026 | GSI |  | (918857) | (918857) |
| Pay | ON Semiconductor Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;1317681 | Jan 2027 | GSI |  | &nbsp;&nbsp;&nbsp;(95855) | &nbsp;&nbsp;&nbsp;(95855) |
| Pay | Floor & Decor Holdings, Inc., Class A | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;406798 | Jan 2027 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 |
| Pay | Dr. Ing. h.c. F. Porsche AG | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;680565 | May 2027 | GSI |  | &nbsp;&nbsp;181615 | &nbsp;&nbsp;181615 |
| Pay | Carvana Company | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;415642 | May 2027 | GSI |  | (415929) | (415929) |
| Pay | EQT AB | SEK SIOR Compounded OIS - 1.00% | At Maturity | SEK | 12317210 | May 2027 | GSI |  | (297179) | (297179) |
| Pay | Fastenal Company | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;2160323 | Jun 2027 | GSI |  | (783064) | (783064) |
| Pay | Comet Holding AG | CHF SARON Compounded OIS - 0.40% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;720211 | Jul 2027 | GSI |  | &nbsp;&nbsp;316901 | &nbsp;&nbsp;316901 |
| Pay | Power Integrations, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;1879122 | Jul 2027 | GSI |  | &nbsp;&nbsp;498347 | &nbsp;&nbsp;498347 |
| Pay | Tractor Supply Company | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;1513647 | Jul 2027 | GSI |  | (131623) | (131623) |
| Pay | Aumovio SE | EUR ESTR Compounded OIS - 0.32% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;245933 | Sep 2027 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;(8756) | &nbsp;&nbsp;&nbsp;&nbsp;(8756) |

---

7 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Continental AG | EUR ESTR Compounded OIS - 0.32% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;730492 | Sep 2027 | GSI |  | $(129008) | $(129008) |
| Pay | Dexcom, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1066398 | Sep 2027 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;3177 | &nbsp;&nbsp;&nbsp;&nbsp;3177 |
| Pay | Moderna, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;460537 | Sep 2027 | GSI |  | &nbsp;&nbsp;&nbsp;206468 | &nbsp;&nbsp;&nbsp;206468 |
| Pay | Telia Company AB | SEK SIOR Compounded OIS - 1.00% | At Maturity | SEK | &nbsp;&nbsp;18353833 | Sep 2027 | GSI |  | &nbsp;&nbsp;(162313) | &nbsp;&nbsp;(162313) |
| Pay | Church & Dwight Company, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;2295509 | Sep 2027 | GSI |  | &nbsp;&nbsp;&nbsp;404750 | &nbsp;&nbsp;&nbsp;404750 |
| Pay | Adecco Group AG | CHF SARON Compounded OIS - 0.40% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;471968 | Sep 2027 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;19694 | &nbsp;&nbsp;&nbsp;&nbsp;19694 |
| Pay | Commonwealth Bank of Australia | AUD AONIA Compounded OIS - 0.45% | At Maturity | AUD | &nbsp;&nbsp;&nbsp;1202965 | Sep 2027 | GSI |  | &nbsp;&nbsp;&nbsp;(57970) | &nbsp;&nbsp;&nbsp;(57970) |
| Pay | Aozora Bank, Ltd. | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | 248045049 | Oct 2027 | GSI |  | &nbsp;&nbsp;&nbsp;(83593) | &nbsp;&nbsp;&nbsp;(83593) |
| Pay | Huntsman Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27197 | Oct 2027 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;7997 | &nbsp;&nbsp;&nbsp;&nbsp;7997 |
| Pay | Lattice Semiconductor Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;975099 | Nov 2027 | GSI |  | &nbsp;&nbsp;(514365) | &nbsp;&nbsp;(514365) |
| Pay | Dentsu Group, Inc. | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | 184331283 | Nov 2027 | GSI |  | &nbsp;&nbsp;(224675) | &nbsp;&nbsp;(224675) |
| Pay | Rakuten Group, Inc. | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | 104147107 | Dec 2027 | GSI |  | &nbsp;&nbsp;(204166) | &nbsp;&nbsp;(204166) |
| Pay | Swiss Re AG | CHF SARON Compounded OIS - 0.40% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;611281 | Jan 2028 | GSI |  | &nbsp;&nbsp;(120595) | &nbsp;&nbsp;(120595) |
| Pay | Zurich Insurance Group AG | CHF SARON Compounded OIS - 0.40% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;271673 | Jan 2028 | GSI |  | &nbsp;&nbsp;&nbsp;(11239) | &nbsp;&nbsp;&nbsp;(11239) |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 8

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | The Hershey Company | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | 1854609 | Jan 2028 | GSI |  | $(245351) | $(245351) |
| Pay | Royal Bank of Canada | CAD CORRA Compounded OIS - 0.35% | At Maturity | CAD | 1717499 | Feb 2028 | GSI |  | &nbsp;&nbsp;(335234) | &nbsp;&nbsp;(335234) |
| Pay | Lotus Bakeries NV | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | 1031008 | Feb 2028 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;60356 | &nbsp;&nbsp;&nbsp;&nbsp;60356 |
| Pay | Cochlear, Ltd. | AUD AONIA Compounded OIS - 0.45% | At Maturity | AUD | 1584098 | Feb 2028 | GSI |  | &nbsp;&nbsp;&nbsp;(69476) | &nbsp;&nbsp;&nbsp;(69476) |
| Pay | ICF International, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;594882 | Feb 2028 | GSI |  | &nbsp;&nbsp;&nbsp;(80920) | &nbsp;&nbsp;&nbsp;(80920) |
| Pay | WiseTech Global, Ltd. | AUD AONIA Compounded OIS - 0.45% | At Maturity | AUD | &nbsp;&nbsp;&nbsp;997971 | Feb 2028 | GSI |  | &nbsp;&nbsp;&nbsp;(25030) | &nbsp;&nbsp;&nbsp;(25030) |
| Pay | Unibail-Rodamco - Westfield | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;951210 | Mar 2028 | GSI |  | &nbsp;&nbsp;(344703) | &nbsp;&nbsp;(344703) |
| Pay | Choice Hotels International, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | 1525826 | Mar 2028 | GSI |  | &nbsp;&nbsp;&nbsp;263558 | &nbsp;&nbsp;&nbsp;263558 |
| Pay | Dick's Sporting Goods, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | 1511336 | Mar 2028 | GSI |  | &nbsp;&nbsp;(323667) | &nbsp;&nbsp;(323667) |
| Pay | Graphic Packaging Holding Company | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;961947 | Mar 2028 | GSI |  | &nbsp;&nbsp;&nbsp;194212 | &nbsp;&nbsp;&nbsp;194212 |
| Pay | Occidental Petroleum Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | 1016793 | Mar 2028 | GSI |  | &nbsp;&nbsp;(219353) | &nbsp;&nbsp;(219353) |
| Pay | Palantir Technologies, Inc., Class A | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;241688 | Mar 2028 | GSI |  | &nbsp;&nbsp;(282894) | &nbsp;&nbsp;(282894) |
| Pay | Verbund AG | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | 1057934 | Mar 2028 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;38713 | &nbsp;&nbsp;&nbsp;&nbsp;38713 |
| Pay | Costco Wholesale Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | 1139669 | Mar 2028 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;9476 | &nbsp;&nbsp;&nbsp;&nbsp;9476 |

---

9 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Kikkoman Corp. | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | &nbsp;&nbsp;92291443 | Mar 2028 | GSI |  | &nbsp;&nbsp;$47434 | &nbsp;&nbsp;$47434 |
| Pay | Lasertec Corp. | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | &nbsp;&nbsp;23675895 | Mar 2028 | GSI |  | (140853) | (140853) |
| Pay | Rohm Company, Ltd. | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | &nbsp;&nbsp;52124358 | Mar 2028 | GSI |  | (363134) | (363134) |
| Pay | Liberty Global, Ltd., Class C | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;919183 | Mar 2028 | GSI |  | &nbsp;&nbsp;(11342) | &nbsp;&nbsp;(11342) |
| Pay | Moncler SpA | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;695217 | Apr 2028 | GSI |  | &nbsp;&nbsp;&nbsp;(5142) | &nbsp;&nbsp;&nbsp;(5142) |
| Pay | Breville Group, Ltd. | AUD AONIA Compounded OIS - 0.45% | At Maturity | AUD | &nbsp;&nbsp;&nbsp;1667205 | Apr 2028 | GSI |  | (111049) | (111049) |
| Pay | McDonald's Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1631769 | Apr 2028 | GSI |  | &nbsp;&nbsp;&nbsp;(2956) | &nbsp;&nbsp;&nbsp;(2956) |
| Pay | Sumitomo Heavy Industries, Ltd. | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | 139097635 | Apr 2028 | GSI |  | (200402) | (200402) |
| Pay | Dollar General Corp. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;977706 | May 2028 | GSI |  | (104690) | (104690) |
| Pay | Cathay Financial Holding Company, Ltd. | USD Federal Funds Compounded OIS - 1.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;441407 | May 2028 | GSI |  | (103384) | (103384) |
| Pay | Ecopro Company, Ltd. | USD Federal Funds Compounded OIS - 0.38% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;781679 | May 2028 | GSI |  | &nbsp;&nbsp;(33575) | &nbsp;&nbsp;(33575) |
| Pay | TS Financial Holding Company, Ltd. | USD Federal Funds Compounded OIS - 0.50% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1050631 | May 2028 | GSI |  | (426471) | (426471) |
| Pay | TS Financial Holding Company, Ltd. | USD Federal Funds Compounded OIS - 0.50% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;273602 | May 2028 | GSI |  | &nbsp;&nbsp;&nbsp;86776 | &nbsp;&nbsp;&nbsp;86776 |
| Pay | Kadant, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1664901 | Jun 2028 | GSI |  | &nbsp;&nbsp;201193 | &nbsp;&nbsp;201193 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 10

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | KION Group AG | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;1166316 | Jun 2028 | GSI |  | $(449726) | $(449726) |
| Pay | Kellanova | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1691581 | Jun 2028 | GSI |  | &nbsp;&nbsp;&nbsp;(79422) | &nbsp;&nbsp;&nbsp;(79422) |
| Pay | Workday, Inc., Class A | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1479595 | Aug 2028 | GSI |  | &nbsp;&nbsp;(114138) | &nbsp;&nbsp;(114138) |
| Pay | Moelis & Company, Class A | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;327911 | Aug 2028 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231 |
| Pay | Lifenet Insurance Company | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | 173793472 | Sep 2028 | GSI |  | &nbsp;&nbsp;&nbsp;132628 | &nbsp;&nbsp;&nbsp;132628 |
| Pay | Metso Corp. | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;1279600 | Sep 2028 | GSI |  | &nbsp;&nbsp;(106911) | &nbsp;&nbsp;(106911) |
| Pay | goeasy, Ltd. | CAD CORRA Compounded OIS - 0.35% | At Maturity | CAD | &nbsp;&nbsp;&nbsp;1822514 | Sep 2028 | GSI |  | &nbsp;&nbsp;&nbsp;131479 | &nbsp;&nbsp;&nbsp;131479 |
| Pay | Grindr, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1209132 | Sep 2028 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;89090 | &nbsp;&nbsp;&nbsp;&nbsp;89090 |
| Pay | Treasury Wine Estates, Ltd. | AUD AONIA Compounded OIS - 0.45% | At Maturity | AUD | &nbsp;&nbsp;&nbsp;1815714 | Sep 2028 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;25794 | &nbsp;&nbsp;&nbsp;&nbsp;25794 |
| Pay | Occidental Petroleum Corp. | USD SOFR Compounded OIS - 0.50% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;876466 | Mar 2028 | HSBC |  | &nbsp;&nbsp;&nbsp;&nbsp;32651 | &nbsp;&nbsp;&nbsp;&nbsp;32651 |
| Pay | Moelis & Company, Class A | USD SOFR Compounded OIS - 0.05% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;366966 | Apr 2028 | HSBC |  | &nbsp;&nbsp;&nbsp;(69686) | &nbsp;&nbsp;&nbsp;(69686) |
| Pay | Trex Company, Inc. | USD SOFR Compounded OIS - 0.05% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;977194 | Apr 2028 | HSBC |  | &nbsp;&nbsp;&nbsp;105602 | &nbsp;&nbsp;&nbsp;105602 |
| Pay | The Blackstone Group, Inc. | USD SOFR Compounded OIS - 0.05% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1282714 | May 2028 | HSBC |  | &nbsp;&nbsp;(229439) | &nbsp;&nbsp;(229439) |
| Pay | Jack Henry & Associates, Inc. | USD SOFR Compounded OIS - 0.05% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1337340 | Aug 2028 | HSBC |  | &nbsp;&nbsp;&nbsp;112593 | &nbsp;&nbsp;&nbsp;112593 |
| Pay | Beiersdorf AG | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;1140775 | Sep 2028 | HSBC |  | &nbsp;&nbsp;&nbsp;123736 | &nbsp;&nbsp;&nbsp;123736 |

---

11 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Tetra Tech, Inc. | USD SOFR Compounded OIS - 0.05% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1383143 | Sep 2028 | HSBC |  | &nbsp;&nbsp;$32754 | &nbsp;&nbsp;$32754 |
| Pay | BASF SE | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;1030910 | Sep 2028 | HSBC |  | &nbsp;&nbsp;&nbsp;(4378) | &nbsp;&nbsp;&nbsp;(4378) |
| Pay | EMS-Chemie Holding AG | CHF SARON Compounded OIS - 0.35% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;1367888 | Sep 2028 | HSBC |  | &nbsp;&nbsp;&nbsp;&nbsp;2510 | &nbsp;&nbsp;&nbsp;&nbsp;2510 |
| Pay | Shimano, Inc. | JPY TONAR Compounded OIS - 0.43% | At Maturity | JPY | 184773052 | Sep 2028 | HSBC |  | &nbsp;&nbsp;(13427) | &nbsp;&nbsp;(13427) |
| Pay | SoftBank Group Corp. | JPY TONAR Compounded OIS - 0.43% | At Maturity | JPY | 156773954 | Sep 2028 | HSBC |  | &nbsp;&nbsp;(26313) | &nbsp;&nbsp;(26313) |
| Pay | Acushnet Holdings Corp. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;613115 | Apr 2028 | JPM |  | (192245) | (192245) |
| Pay | Bank of Hawaii Corp. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11868 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(1024) | &nbsp;&nbsp;&nbsp;(1024) |
| Pay | BlackLine, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;185235 | Apr 2028 | JPM |  | &nbsp;&nbsp;(37030) | &nbsp;&nbsp;(37030) |
| Pay | Carvana Company | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;150440 | Apr 2028 | JPM |  | (192765) | (192765) |
| Pay | Choice Hotels International, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;373541 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;50217 | &nbsp;&nbsp;&nbsp;50217 |
| Pay | Church & Dwight Company, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;593004 | Apr 2028 | JPM |  | &nbsp;&nbsp;101683 | &nbsp;&nbsp;101683 |
| Pay | Costco Wholesale Corp. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;288689 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(2634) | &nbsp;&nbsp;&nbsp;(2634) |
| Pay | Dexcom, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;245932 | Apr 2028 | JPM |  | &nbsp;&nbsp;(29611) | &nbsp;&nbsp;(29611) |
| Pay | Dick's Sporting Goods, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;242777 | Apr 2028 | JPM |  | &nbsp;&nbsp;(54052) | &nbsp;&nbsp;(54052) |
| Pay | Fastenal Company | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;569259 | Apr 2028 | JPM |  | (185149) | (185149) |
| Pay | Floor & Decor Holdings, Inc., Class A | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;478780 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;26042 | &nbsp;&nbsp;&nbsp;26042 |
| Pay | Graphic Packaging Holding Company | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;289080 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;62299 | &nbsp;&nbsp;&nbsp;62299 |
| Pay | Huntsman Corp. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;732591 | Apr 2028 | JPM |  | &nbsp;&nbsp;227467 | &nbsp;&nbsp;227467 |
| Pay | Lattice Semiconductor Corp. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;139600 | Apr 2028 | JPM |  | (119309) | (119309) |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 12

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Liberty Global, Ltd., Class C | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;218544 | Apr 2028 | JPM |  | $(20733) | $(20733) |
| Pay | Moderna, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;66197 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(1684) | &nbsp;&nbsp;&nbsp;(1684) |
| Pay | National Beverage Corp. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;332493 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;46050 | &nbsp;&nbsp;&nbsp;46050 |
| Pay | Novanta, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;238525 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;10901 | &nbsp;&nbsp;&nbsp;10901 |
| Pay | Occidental Petroleum Corp. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;1228340 | Apr 2028 | JPM |  | (298258) | (298258) |
| Pay | ON Semiconductor Corp. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;49377 | Apr 2028 | JPM |  | &nbsp;&nbsp;(22259) | &nbsp;&nbsp;(22259) |
| Pay | Palantir Technologies, Inc., Class A | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;91869 | Apr 2028 | JPM |  | (133042) | (133042) |
| Pay | Power Integrations, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;390490 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;29964 | &nbsp;&nbsp;&nbsp;29964 |
| Pay | Royal Bank of Canada | CAD CORRA Compounded OIS - 0.30% | At Maturity | CAD | &nbsp;&nbsp;&nbsp;&nbsp;423535 | Apr 2028 | JPM |  | &nbsp;&nbsp;(97125) | &nbsp;&nbsp;(97125) |
| Pay | Tesla, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;95143 | Apr 2028 | JPM |  | &nbsp;&nbsp;(79974) | &nbsp;&nbsp;(79974) |
| Pay | The Hershey Company | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;308243 | Apr 2028 | JPM |  | &nbsp;&nbsp;(51089) | &nbsp;&nbsp;(51089) |
| Pay | Tractor Supply Company | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;388285 | Apr 2028 | JPM |  | &nbsp;&nbsp;(35012) | &nbsp;&nbsp;(35012) |
| Pay | Aberdeen Group PLC | GBP SONIA Compounded OIS - 0.30% | At Maturity | GBP | &nbsp;&nbsp;&nbsp;&nbsp;392239 | Apr 2028 | JPM |  | (102984) | (102984) |
| Pay | Adecco Group AG | CHF SARON Compounded OIS - 0.30% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;423315 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;26906 | &nbsp;&nbsp;&nbsp;26906 |
| Pay | Cochlear, Ltd. | AUD AONIA Compounded OIS - 0.75% | At Maturity | AUD | &nbsp;&nbsp;&nbsp;&nbsp;402180 | Apr 2028 | JPM |  | &nbsp;&nbsp;(19490) | &nbsp;&nbsp;(19490) |
| Pay | Comet Holding AG | CHF SARON Compounded OIS - 0.30% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;252925 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(9458) | &nbsp;&nbsp;&nbsp;(9458) |
| Pay | Dentsu Group, Inc. | JPY TONAR Compounded OIS - 0.35% | At Maturity | JPY | 25271098 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(8096) | &nbsp;&nbsp;&nbsp;(8096) |
| Pay | Dr. Ing. h.c. F. Porsche AG | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;569798 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;&nbsp;5226 | &nbsp;&nbsp;&nbsp;&nbsp;5226 |
| Pay | Fastighets AB Balder, B Shares | SEK SIOR Compounded OIS - 0.30% | At Maturity | SEK | &nbsp;&nbsp;2003993 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(7593) | &nbsp;&nbsp;&nbsp;(7593) |

---

13 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Fuji Media Holdings, Inc. | JPY TONAR Compounded OIS - 0.35% | At Maturity | JPY | &nbsp;&nbsp;31579579 | Apr 2028 | JPM |  | $(50951) | $(50951) |
| Pay | Kikkoman Corp. | JPY TONAR Compounded OIS - 0.35% | At Maturity | JPY | &nbsp;&nbsp;40295274 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;27528 | &nbsp;&nbsp;&nbsp;27528 |
| Pay | Lasertec Corp. | JPY TONAR Compounded OIS - 0.35% | At Maturity | JPY | &nbsp;&nbsp;82364284 | Apr 2028 | JPM |  | (236444) | (236444) |
| Pay | Lotus Bakeries NV | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;247306 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(4411) | &nbsp;&nbsp;&nbsp;(4411) |
| Pay | Nokian Renkaat Oyj | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;133382 | Apr 2028 | JPM |  | &nbsp;&nbsp;(40394) | &nbsp;&nbsp;(40394) |
| Pay | Rakuten Group, Inc. | JPY TONAR Compounded OIS - 0.35% | At Maturity | JPY | &nbsp;&nbsp;49849201 | Apr 2028 | JPM |  | &nbsp;&nbsp;(69463) | &nbsp;&nbsp;(69463) |
| Pay | Sika AG | CHF SARON Compounded OIS - 0.30% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;715304 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(7828) | &nbsp;&nbsp;&nbsp;(7828) |
| Pay | Swiss Re AG | CHF SARON Compounded OIS - 0.30% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;355381 | Apr 2028 | JPM |  | &nbsp;&nbsp;(48521) | &nbsp;&nbsp;(48521) |
| Pay | Telia Company AB | SEK SIOR Compounded OIS - 0.30% | At Maturity | SEK | &nbsp;&nbsp;&nbsp;4861407 | Apr 2028 | JPM |  | &nbsp;&nbsp;(18046) | &nbsp;&nbsp;(18046) |
| Pay | Unibail-Rodamco - Westfield | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;230585 | Apr 2028 | JPM |  | (101059) | (101059) |
| Pay | Verbund AG | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;261245 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31) |
| Pay | WiseTech Global, Ltd. | AUD AONIA Compounded OIS - 0.33% | At Maturity | AUD | &nbsp;&nbsp;&nbsp;&nbsp;989117 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;18364 | &nbsp;&nbsp;&nbsp;18364 |
| Pay | Zurich Insurance Group AG | CHF SARON Compounded OIS - 0.30% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;674885 | Apr 2028 | JPM |  | &nbsp;&nbsp;(46728) | &nbsp;&nbsp;(46728) |
| Pay | Lennox International, Inc. | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;1233258 | Apr 2028 | JPM |  | &nbsp;&nbsp;&nbsp;&nbsp;2044 | &nbsp;&nbsp;&nbsp;&nbsp;2044 |
| Pay | PBF Energy, Inc., Class A | USD OBFR - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;871776 | Apr 2028 | JPM |  | (364802) | (364802) |
| Pay | Kawasaki Kisen Kaisha, Ltd. | JPY TONAR Compounded OIS - 0.35% | At Maturity | JPY | 157767656 | May 2028 | JPM |  | (154010) | (154010) |
| Pay | Mitsui OSK Lines, Ltd. | JPY TONAR Compounded OIS - 0.35% | At Maturity | JPY | 183947549 | May 2028 | JPM |  | &nbsp;&nbsp;&nbsp;28396 | &nbsp;&nbsp;&nbsp;28396 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 14

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Muenchener Rueckversicherungs - Gesellschaft AG | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;1417164 | Aug 2028 | JPM |  | $108138 | $108138 |
| Pay | Melexis NV | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;1837552 | Aug 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(38697) | &nbsp;&nbsp;&nbsp;(38697) |
| Pay | Schroders PLC | GBP SONIA Compounded OIS - 0.30% | At Maturity | GBP | &nbsp;&nbsp;&nbsp;&nbsp;373408 | Aug 2028 | JPM |  | &nbsp;&nbsp;&nbsp;15325 | &nbsp;&nbsp;&nbsp;15325 |
| Pay | Veolia Environnement SA | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;1291516 | Aug 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(18175) | &nbsp;&nbsp;&nbsp;(18175) |
| Pay | Alstom SA | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;994935 | Aug 2028 | JPM |  | (101580) | (101580) |
| Pay | KION Group AG | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;286276 | Aug 2028 | JPM |  | &nbsp;&nbsp;&nbsp;&nbsp;(6436) | &nbsp;&nbsp;&nbsp;&nbsp;(6436) |
| Pay | Aroundtown SA | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;425582 | Sep 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(16028) | &nbsp;&nbsp;&nbsp;(16028) |
| Pay | Akzo Nobel NV | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;1033318 | Sep 2028 | JPM |  | &nbsp;&nbsp;&nbsp;&nbsp;7554 | &nbsp;&nbsp;&nbsp;&nbsp;7554 |
| Pay | Husqvarna AB, B Shares | SEK SIOR Compounded OIS - 0.30% | At Maturity | SEK | 11334504 | Sep 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(39786) | &nbsp;&nbsp;&nbsp;(39786) |
| Pay | ROCKWOOL A/S, B Shares | DEK DESTR Compounded OIS - 0.30% | At Maturity | DKK | &nbsp;&nbsp;2517132 | Sep 2028 | JPM |  | &nbsp;&nbsp;&nbsp;&nbsp;(3662) | &nbsp;&nbsp;&nbsp;&nbsp;(3662) |
| Pay | SKF AB, B Shares | SEK SIOR Compounded OIS - 0.30% | At Maturity | SEK | &nbsp;&nbsp;5596545 | Sep 2028 | JPM |  | &nbsp;&nbsp;&nbsp;(10163) | &nbsp;&nbsp;&nbsp;(10163) |
| Pay | Metso Corp. | EUR ESTR Compounded OIS - 0.30% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;840307 | Sep 2028 | JPM |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630 |
| Pay | Antofagasta PLC | GBP SONIA Compounded OIS - 0.30% | At Maturity | GBP | &nbsp;&nbsp;&nbsp;&nbsp;911620 | Oct 2028 | JPM |  | &nbsp;&nbsp;&nbsp;13646 | &nbsp;&nbsp;&nbsp;13646 |
| Pay | Aberdeen Group PLC | GBP SONIA Compounded OIS - 0.25% | At Maturity | GBP | &nbsp;&nbsp;&nbsp;&nbsp;57181 | Jan 2026 | MSI |  | &nbsp;&nbsp;&nbsp;(18219) | &nbsp;&nbsp;&nbsp;(18219) |
| Pay | Novanta, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;54259 | Jan 2026 | MSI |  | &nbsp;&nbsp;&nbsp;23990 | &nbsp;&nbsp;&nbsp;23990 |
| Pay | Adecco Group AG | CHF SARON Compounded OIS + 0.35% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;47569 | Jun 2026 | MSI |  | &nbsp;&nbsp;&nbsp;15274 | &nbsp;&nbsp;&nbsp;15274 |

---

15 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Sika AG | CHF SARON Compounded OIS - 0.45% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;658254 | Jun 2026 | MSI |  | &nbsp;&nbsp;$84293 | &nbsp;&nbsp;$84293 |
| Pay | Commonwealth Bank of Australia | AUD AONIA Compounded OIS - 0.55% | At Maturity | AUD | &nbsp;&nbsp;&nbsp;1713586 | Sep 2027 | MSI |  | (180170) | (180170) |
| Pay | Palantir Technologies, Inc., Class A | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;156520 | Jan 2028 | MSI |  | (201765) | (201765) |
| Pay | Kikkoman Corp. | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | &nbsp;&nbsp;73110861 | Feb 2028 | MSI |  | &nbsp;&nbsp;&nbsp;96535 | &nbsp;&nbsp;&nbsp;96535 |
| Pay | Comet Holding AG | CHF SARON Compounded OIS + 0.35% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;547752 | Apr 2028 | MSI |  | &nbsp;&nbsp;(14742) | &nbsp;&nbsp;(14742) |
| Pay | Lemonade, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;213011 | Apr 2028 | MSI |  | (205518) | (205518) |
| Pay | Nokian Renkaat Oyj | EUR ESTR Compounded OIS - 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;713168 | Apr 2028 | MSI |  | &nbsp;&nbsp;(80068) | &nbsp;&nbsp;(80068) |
| Pay | Swiss Re AG | CHF SARON Compounded OIS + 0.35% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;760411 | Apr 2028 | MSI |  | &nbsp;&nbsp;(74563) | &nbsp;&nbsp;(74563) |
| Pay | Zurich Insurance Group AG | CHF SARON Compounded OIS + 0.35% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;1438192 | Apr 2028 | MSI |  | &nbsp;&nbsp;(39374) | &nbsp;&nbsp;(39374) |
| Pay | Aozora Bank, Ltd. | JPY TONAR Compounded OIS - 0.45% | At Maturity | JPY | 143419460 | Apr 2028 | MSI |  | (371990) | (371990) |
| Pay | Caris Life Sciences, Inc. | USD Federal Funds Compounded OIS - 0.25% | At Maturity | USD | &nbsp;&nbsp;&nbsp;&nbsp;846987 | Jun 2028 | MSI |  | (131521) | (131521) |
| Pay | Sartorius Stedim Biotech | EUR ESTR Compounded OIS - 0.33% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;1173865 | Jul 2028 | UBS |  | &nbsp;&nbsp;124815 | &nbsp;&nbsp;124815 |
| Pay | KION Group AG | EUR ESTR Compounded OIS - 0.33% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;283373 | Aug 2028 | UBS |  | &nbsp;&nbsp;&nbsp;10702 | &nbsp;&nbsp;&nbsp;10702 |
| Pay | Schroders PLC | GBP SONIA Compounded OIS - 0.30% | At Maturity | GBP | &nbsp;&nbsp;&nbsp;&nbsp;976401 | Aug 2028 | UBS |  | &nbsp;&nbsp;&nbsp;50494 | &nbsp;&nbsp;&nbsp;50494 |
| Pay | Boliden AB | SEK SIOR Compounded OIS - 0.33% | At Maturity | SEK | &nbsp;&nbsp;&nbsp;8186706 | Aug 2028 | UBS |  | (180351) | (180351) |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 16

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Pay | Adecco Group AG | CHF SARON Compounded OIS - 0.30% | At Maturity | CHF | &nbsp;&nbsp;&nbsp;&nbsp;265186 | Aug 2028 | UBS |  | &nbsp;&nbsp;&nbsp;$44037 | &nbsp;&nbsp;&nbsp;$44037 |
| Pay | Aroundtown SA | EUR ESTR Compounded OIS - 0.33% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;859984 | Aug 2028 | UBS |  | &nbsp;&nbsp;&nbsp;&nbsp;(5973) | &nbsp;&nbsp;&nbsp;&nbsp;(5973) |
| Pay | ROCKWOOL A/S, B Shares | DEK DESTR Compounded OIS - 0.33% | At Maturity | DKK | &nbsp;&nbsp;8494467 | Sep 2028 | UBS |  | &nbsp;&nbsp;&nbsp;&nbsp;15443 | &nbsp;&nbsp;&nbsp;&nbsp;15443 |
| Pay | SKF AB, B Shares | SEK SIOR Compounded OIS - 0.33% | At Maturity | SEK | 10884508 | Sep 2028 | UBS |  | &nbsp;&nbsp;&nbsp;&nbsp;19064 | &nbsp;&nbsp;&nbsp;&nbsp;19064 |
| Pay | Unibail-Rodamco - Westfield | EUR ESTR Compounded OIS - 0.33% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;715020 | Sep 2028 | UBS |  | &nbsp;&nbsp;&nbsp;(30712) | &nbsp;&nbsp;&nbsp;(30712) |
| Pay | Ashtead Group PLC | GBP SONIA Compounded OIS - 0.30% | At Maturity | GBP | &nbsp;&nbsp;1448561 | Sep 2028 | UBS |  | &nbsp;&nbsp;&nbsp;&nbsp;38370 | &nbsp;&nbsp;&nbsp;&nbsp;38370 |
| Receive | Babcock International Group PLC | GBP SONIA Compounded OIS + 0.43% | At Maturity | GBP | &nbsp;&nbsp;2057904 | Mar 2028 | GSI |  | 2538980 | 2538980 |
| Receive | SPIE SA | EUR ESTR Compounded OIS + 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;571469 | Mar 2028 | GSI |  | &nbsp;&nbsp;&nbsp;155020 | &nbsp;&nbsp;&nbsp;155020 |
| Receive | Capgemini SE | EUR ESTR Compounded OIS + 0.40% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;&nbsp;763685 | Apr 2028 | GSI |  | &nbsp;&nbsp;&nbsp;&nbsp;38506 | &nbsp;&nbsp;&nbsp;&nbsp;38506 |
| Receive | IMCD NV | EUR ESTR Compounded OIS + 0.30% | At Maturity | EUR | &nbsp;&nbsp;1475857 | Sep 2028 | HSBC |  | &nbsp;&nbsp;&nbsp;(87149) | &nbsp;&nbsp;&nbsp;(87149) |
| Receive | Hiscox, Ltd. | GBP SONIA Compounded OIS + 0.40% | At Maturity | GBP | &nbsp;&nbsp;4530804 | Apr 2028 | JPM |  | 1244302 | 1244302 |
| Receive | The Weir Group PLC | GBP SONIA Compounded OIS + 0.40% | At Maturity | GBP | &nbsp;&nbsp;4995900 | Apr 2028 | JPM |  | 1472316 | 1472316 |
| Receive | Hikma Pharmaceuticals PLC | GBP SONIA Compounded OIS + 0.40% | At Maturity | GBP | &nbsp;&nbsp;4598689 | May 2028 | JPM |  | &nbsp;&nbsp;(785670) | &nbsp;&nbsp;(785670) |
| Receive | Samsung Electronics Company, Ltd. | USD OBFR + 0.50% | At Maturity | USD | &nbsp;&nbsp;7929785 | Jun 2028 | JPM |  | 2106721 | 2106721 |
| Receive | SK, Inc. | USD OBFR + 0.50% | At Maturity | USD | &nbsp;&nbsp;2573284 | Jun 2028 | JPM |  | &nbsp;&nbsp;&nbsp;&nbsp;61714 | &nbsp;&nbsp;&nbsp;&nbsp;61714 |
| Receive | Heineken NV | EUR ESTR Compounded OIS + 0.40% | At Maturity | EUR | &nbsp;&nbsp;5009468 | Dec 2027 | MSI |  | &nbsp;&nbsp;(578170) | &nbsp;&nbsp;(578170) |

---

17 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** | **Total return swaps (continued)** |
| **Pay/<br> receive<br> total<br> return\*** | **Reference<br> entity** | **Floating/<br> fixed<br> rate** | **Payment<br> frequency** | **Currency** | **Notional<br> amount** | **Maturity<br> date** | **Counterparty<br> (OTC)** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Receive | Bureau Veritas SA | EUR ESTR Compounded OIS + 0.33% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;4297423 | Jul 2028 | UBS |  | $(243845) | &nbsp;&nbsp;&nbsp;&nbsp;$(243845) |
| Receive | Fuji Electric Company, Ltd. | JPY TONAR Compounded OIS + 0.30% | At Maturity | JPY | 245774150 | Jul 2028 | UBS |  | &nbsp;&nbsp;&nbsp;777812 | &nbsp;&nbsp;&nbsp;&nbsp;777812 |
| Receive | Capgemini SE | EUR ESTR Compounded OIS + 0.33% | At Maturity | EUR | &nbsp;&nbsp;&nbsp;1989834 | Jul 2028 | UBS |  | &nbsp;&nbsp;(113746) | &nbsp;&nbsp;&nbsp;&nbsp;(113746) |
| Receive | Diageo PLC | GBP SONIA Compounded OIS + 0.33% | At Maturity | GBP | &nbsp;&nbsp;&nbsp;3882104 | Sep 2028 | UBS |  | &nbsp;&nbsp;(684483) | &nbsp;&nbsp;&nbsp;&nbsp;(684483) |
|  |  |  |  |  |  |  |  | **—** | **$(3370168)** | **$(3370168)** |

---

\* Fund will pay or receive the total return of the reference asset depending on whether the return is positive or negative. For contracts where the fund has elected to receive the total return of the reference asset if positive, it will be responsible for paying the floating rate and the total return of the reference asset if negative. If the fund has elected to pay the total return of the reference asset if positive, it will receive the floating rate and the total return of the reference asset if negative.

---

| | |
|:---|:---|
| **Derivatives Currency Abbreviations** | **Derivatives Currency Abbreviations** |
| AUD | Australian Dollar |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | Pound Sterling |
| JPY | Japanese Yen |
| SEK | Swedish Krona |
| USD | U.S. Dollar |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Derivatives Abbreviations** | **Derivatives Abbreviations** |
| AONIA | Reserve Bank of Australia Interbank Overnight Cash Rate |
| CORRA | Canadian Overnight Repo Rate Average |
| DESTR | Denmark Short-Term Rate |
| ESTR | Euro Short-Term Rate |
| GSI | Goldman Sachs International |
| HSBC | HSBC Bank PLC |
| JPM | JPMorgan Chase Bank, N.A. |
| MSI | Morgan Stanley & Co. International PLC |
| OBFR | Overnight Bank Funding Rate |
| OIS | Overnight Index Swap |
| OTC | Over-the-counter |
| SARON | Swiss Average Rate Overnight |
| SIOR | Stockholm Interbank Offered Rate |
| SOFR | Secured Overnight Financing Rate |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 18

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

SONIA Sterling Overnight Interbank Average Rate <br> TONAR Tokyo Overnight Average Rate <br> UBS UBS AG

At 9-30-25, the aggregate cost of investments for federal income tax purposes was $303,472,972. Net unrealized appreciation aggregated to $27,791,524, of which $38,511,368 related to gross unrealized appreciation and $10,719,844 related to gross unrealized depreciation.

See Notes to financial statements regarding investment transactions and other derivatives information.

19 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

Financial statements

#### STATEMENT OF ASSETS AND LIABILITIES 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Assets** |  |
| Unaffiliated investments, at value (Cost $301,296,182) including $1,267,534 of securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;$338276804 |
| Affiliated investments, at value (Cost $1,317,308) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1317315 |
| **Total investments, at value (Cost $302,613,490)** | &nbsp;&nbsp;&nbsp;&nbsp;**339594119** |
| Swap contracts, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13713053 |
| Foreign currency, at value (Cost $10,313,648) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10430012 |
| Collateral segregated at custodian for OTC derivative contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4640000 |
| Collateral at prime broker | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100138 |
| Dividends and interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1245138 |
| Receivable for fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420267 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1971923 |
| Receivable for securities lending income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1379 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1104 |
| Other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104379 |
| **Total assets** | &nbsp;&nbsp;&nbsp;&nbsp;**374221512** |
| **Liabilities** |  |
| Written options, at value (Premiums received $1,440,991) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2272323 |
| Swap contracts, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17083221 |
| Securities sold short, at value (Proceeds received $2,051,570) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2687132 |
| Due to custodian | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56005 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1072187 |
| Payable for fund shares repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9984876 |
| Payable upon return of securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1316170 |
| Payable to affiliates |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21154 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 |
| Other liabilities and accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291536 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34787377** |
| **Net assets** | &nbsp;&nbsp;**$339434135** |
| **Net assets consist of** |  |
| Paid-in capital | &nbsp;&nbsp;&nbsp;&nbsp;$282215067 |
| Total distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57219068 |
| **Net assets** | &nbsp;&nbsp;**$339434135** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Disciplined Value Global Long/Short Fund 20

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

#### STATEMENT OF ASSETS AND LIABILITIES 9-30-25 (unaudited) (continued)

------

---

| | |
|:---|:---|
| **Net asset value per share** |  |
| Class A ($30,373,201 ÷ 1,783,655 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17.03 |
| Class C ($1,027,813 ÷ 60,735 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16.92 |
| Class I ($213,465,863 ÷ 12,260,367 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17.41 |
| Class R6 ($12,382,981 ÷ 725,628 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17.07 |
| Class NAV ($82,184,277 ÷ 4,818,939 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17.05 |
| **Maximum offering price per share** |  |
| Class A (net asset value per share ÷ 95%)<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17.93 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

<sup>2</sup> On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced.

21 JOHN HANCOCK Disciplined Value Global Long/Short Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

#### STATEMENTS OF OPERATIONS For the six months ended 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Investment income** |  |
| Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5741249 |
| Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126550 |
| Securities lending | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106307 |
| Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(342161) |
| **Total investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5631945** |
| **Expenses** |  |
| Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2299101 |
| Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36767 |
| Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25038 |
| Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121655 |
| Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2154 |
| Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43723 |
| State registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56865 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31035 |
| Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119086 |
| Dividends on investment sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38189 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24816 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2798429** |
| Less expense reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(63039) |
| **Net expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2735390** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2896555** |
| **Realized and unrealized gain (loss)** |  |
| **Net realized gain (loss) on** |  |
| Unaffiliated investments and foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;21090989 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1162 |
| Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212092 |
| Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(522919) |
| Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2122954 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**22904278** |
| **Change in net unrealized appreciation (depreciation) of** |  |
| Unaffiliated investments and translation of assets and liabilities in foreign currencies | &nbsp;&nbsp;&nbsp;&nbsp;42218185 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 |
| Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(707638) |
| Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1108838) |
| Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5656753) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**34744986** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;&nbsp;&nbsp;**57649264** |
| **Increase in net assets from operations** | &nbsp;&nbsp;**$60545819** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Disciplined Value Global Long/Short Fund 22

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

#### STATEMENTS OF CHANGES IN NET ASSETS

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended<br> 9-30-25<br> (unaudited)** | &nbsp;&nbsp;**Period ended<br> 3-31-25<sup>1</sup>** | &nbsp;&nbsp;**Year ended<br> 8-31-24<sup>2</sup>** |
| **Increase (decrease) in net assets** |  |  |  |
| **From operations** |  |  |  |
| Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2896555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$330418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1760117 |
| Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22904278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4611464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18083483 |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34744986 | &nbsp;&nbsp;&nbsp;&nbsp;(7848396) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6255130 |
| **Increase (decrease) in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**60545819** | &nbsp;&nbsp;&nbsp;&nbsp;**(2906514)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**26098730** |
| **Distributions to shareholders** |  |  |  |
| From earnings |  |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(1663308) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(124802) |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1761) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(20280226) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2188902) |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2599) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;**(21947894)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2313704)** |
| **From fund share transactions** |  |  |  |
| Fund share transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57733272) | &nbsp;&nbsp;&nbsp;&nbsp;(27626267) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563819 |
| Issued in reorganization | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210453890 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **From fund share transactions** | &nbsp;&nbsp;&nbsp;&nbsp;**152720618** | &nbsp;&nbsp;**(27626267)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**563819** |
| **Total increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;**213266437** | &nbsp;&nbsp;**(52480675)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**24348845** |
| **Net assets** |  |  |  |
| Beginning of period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126167698 | &nbsp;&nbsp;&nbsp;178648373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154299528 |
| **End of period** | &nbsp;&nbsp;**$339434135** | **$126167698** | &nbsp;&nbsp;**$178648373** |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> For the seven-month period ended 3-31-2025. The fiscal year end of the Predecessor Fund was August 31. <br> <sup>2</sup> Audited by previous independent registered public accounting firm.

23 JOHN HANCOCK Disciplined Value Global Long/Short Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

Financial highlights

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CLASS A SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**3-31-25<sup>23</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-24<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-23<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-22<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-21<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-20<sup>4</sup>** |
| **Per share operating performance** |  |  |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.53** | &nbsp;&nbsp;&nbsp;&nbsp;**$16.72** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.48** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.43** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.61** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.61** |
| Net investment income (loss)<sup>5</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.88) |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.50** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.04)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.44** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.35** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.42** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.40** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.90)** |
| **Less distributions** |  |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.10) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.95) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.15)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.20)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.30)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.10)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;**$17.03** | &nbsp;&nbsp;&nbsp;&nbsp;**$14.53** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.72** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.48** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.43** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.61** |
| **Total return (%)<sup>6,7</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.98<sup>8</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.09** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.02** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.16** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.82** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**24.97** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8.55)** |
| **Ratios and supplemental data** |  |  |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.96<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.32<sup>10</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.71 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92<sup>911</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95<sup>1011</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03<sup>11</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.64<sup>11</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.81<sup>11</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.54<sup>11</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.71<sup>11</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.49<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> After the close of business on 10-18-24, holders of Investor Class Shares of the former Boston Partners Global Long/Short Fund (the Predecessor Fund) became owners of an equal number of full and fractional Class A shares of the John Hancock Disciplined Value Global Long/Short Fund. These shares were first offered on 10-21-24. Additionally, the accounting and performance history of the Investor Class Shares of the Predecessor Fund was redesignated as that of John Hancock Disciplined Value Global Long/Short Fund Class A.

<sup>3</sup> For the seven-month period ended 3-31-2025. The fiscal year end of the Predecessor Fund was August 31.

<sup>4</sup> Audited by previous independent registered public accounting firm.

<sup>5</sup> Based on average daily shares outstanding.

<sup>6</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>7</sup> Does not reflect the effect of sales charges, if any.

<sup>8</sup> Not annualized.

<sup>9</sup> Annualized.

<sup>10</sup> Annualized. Certain expenses are presented unannualized.

<sup>11</sup> Expenses including reductions excluding dividend and interest expense were 1.90%, 1.95%, 2.03%, 2.05%, 2.06%, 2.08% and 2.00% for the periods ended 9-30-25, 3-31-25, 8-31-24, 8-31-23, 8-31-22, 8-31-21 and 8-31-20, respectively.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Disciplined Value Global Long/Short Fund 24

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | |
|:---|:---|:---|
| **CLASS C SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-25<sup>2</sup>** |
| **Per share operating performance** |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.50** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$15.12** |
| Net investment income (loss)<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.06 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.42** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.09)** |
| **Less distributions** |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.48) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.53)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.92** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.50** |
| **Total return (%)<sup>4,5</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.53<sup>6</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.15)** |
| **Ratios and supplemental data** |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>7</sup> |
| Ratios (as a percentage of average net assets): |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.73<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.06<sup>9</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.69<sup>810</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70<sup>9</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.80)<sup>8</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> The inception date for Class C shares is 10-21-24.

<sup>3</sup> Based on average daily shares outstanding.

<sup>4</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>5</sup> Does not reflect the effect of sales charges, if any.

<sup>6</sup> Not annualized.

<sup>7</sup> Less than $500,000.

<sup>8</sup> Annualized.

<sup>9</sup> Annualized. Certain expenses are presented unannualized.

<sup>10</sup> Expenses including reductions excluding dividend expense were 2.67% for the period ended 9-30-25.

25 JOHN HANCOCK Disciplined Value Global Long/Short Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CLASS I SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**3-31-25<sup>23</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-24<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-23<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-22<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-21<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-20<sup>4</sup>** |
| **Per share operating performance** |  |  |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.84** | &nbsp;&nbsp;&nbsp;&nbsp;**$17.05** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.74** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.65** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.18** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.72** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.74** |
| Net investment income (loss)<sup>5</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.04 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.89) |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.57** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.03)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.53** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.41** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.47** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.47** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.88)** |
| **Less distributions** |  |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.95) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.18)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.22)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.32)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.01)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.14)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;**$17.41** | &nbsp;&nbsp;&nbsp;&nbsp;**$14.84** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.05** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.74** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.65** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.18** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.72** |
| **Total return (%)<sup>6</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.16<sup>7</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.18** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.38** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.38** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25.39** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8.30)** |
| **Ratios and supplemental data** |  |  |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$131 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.07<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.46 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67<sup>810</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70<sup>910</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.78<sup>10</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.39<sup>10</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56<sup>10</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29<sup>10</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.46<sup>10</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.74<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.07 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> For the seven-month period ended 3-31-2025. The fiscal year end of the Predecessor Fund was August 31.

<sup>3</sup> After the close of business on 10-18-24, holders of Institutional Class Shares of the former Boston Partners Global Long/Short Fund (the Predecessor Fund) became owners of an equal number of full and fractional Class I shares of the John Hancock Disciplined Value Global Long/Short Fund. These shares were first offered on 10-21-24. Additionally, the accounting and performance history of the Institutional Class Shares of the Predecessor Fund was redesignated as that of John Hancock Global Long/Short Fund Class I.

<sup>4</sup> Audited by previous independent registered public accounting firm.

<sup>5</sup> Based on average daily shares outstanding.

<sup>6</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>7</sup> Not annualized.

<sup>8</sup> Annualized.

<sup>9</sup> Annualized. Certain expenses are presented unannualized.

<sup>10</sup> Expenses including reductions excluding dividend and interest expense were 1.65%, 1.70%,1.78%, 1.80%, 1.81%, 1.83% and 1.75% for the periods ended 9-30-25, 3-31-25, 8-31-24, 8-31-23, 8-31-22, 8-31-21 and 8-31-20, respectively.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Disciplined Value Global Long/Short Fund 26

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | |
|:---|:---|:---|
| **CLASS R6 SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-25** |
| **Per share operating performance** |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.54** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$15.12** |
| Net investment income<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.53** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.02)** |
| **Less distributions** |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.48) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.56)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14.54** |
| **Total return (%)<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.24<sup>5</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.36** |
| **Ratios and supplemental data** |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>6</sup> |
| Ratios (as a percentage of average net assets): |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.61<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95<sup>8</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.57<sup>79</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.58<sup>8</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.84<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23<sup>7</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> The inception date for Class R6 shares is 10-21-24.

<sup>3</sup> Based on average daily shares outstanding.

<sup>4</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>5</sup> Not annualized.

<sup>6</sup> Less than $500,000.

<sup>7</sup> Annualized.

<sup>8</sup> Annualized. Certain expenses are presented unannualized.

<sup>9</sup> Expenses including reductions excluding dividend expense were 1.55% for the period ended 9-30-25.

27 JOHN HANCOCK Disciplined Value Global Long/Short Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | |
|:---|:---|
| **CLASS NAV SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>12</sup>** |
| **Per share operating performance** |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.99** |
| Net investment income<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.91 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.06** |
| **Less distributions** |  |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.05** |
| **Total return (%)<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21.94<sup>5</sup>** |
| **Ratios and supplemental data** |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$82 |
| Ratios (as a percentage of average net assets): |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60<sup>6</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56<sup>67</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85<sup>6</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135<sup>8</sup> |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> The inception date for Class NAV shares is 4-4-25.

<sup>2</sup> Period ended 9-30-25. Unaudited.

<sup>3</sup> Based on average daily shares outstanding.

<sup>4</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>5</sup> Not annualized.

<sup>6</sup> Annualized.

<sup>7</sup> Expenses including reductions excluding dividend expense were 1.54% for the period ended 9-30-25.

<sup>8</sup> Period from 3-31-25 through 9-30-25.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Disciplined Value Global Long/Short Fund 28

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

Notes to financial statements (unaudited)

#### Note 1 — Organization
John Hancock Disciplined Value Global Long/Short Fund (the fund) is a series of John Hancock Investment Trust (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the fund is to seek long-term growth of capital.

The fund may offer multiple classes of shares. The shares currently outstanding are detailed in the Statement of assets and liabilities. Class A and Class C shares are offered to all investors. Class I shares are offered to institutions and certain investors. Class R6 shares are only available to certain retirement plans, institutions and other investors. Class NAV shares are offered to John Hancock affiliated funds of funds, retirement plans for employees of John Hancock and/or Manulife Financial Corporation, and certain 529 plans. Class C shares convert to Class A shares eight years after purchase (certain exclusions may apply). Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, if any, and transfer agent fees for each class may differ.

#### Note 2 — Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The fund qualifies as an investment company under Topic 946 of Accounting Standards Codification of US GAAP.

Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the fund:

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund's valuation designee.**

In order to value the securities, the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Exchange-traded options are valued at the mid-price of the last quoted bid and ask prices from the exchange where the option trades. Unlisted options are valued using evaluated prices obtained from an independent pricing vendor. Swaps are generally valued using evaluated prices obtained from an independent pricing vendor. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

29 JOHN HANCOCK Disciplined Value Global Long/Short Fund \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee, following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.

The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the fund's investments as of September 30, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| **Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Australia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10018668** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10018668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bermuda | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4738612** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4738612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2702060** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2702060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17645195** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17645195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9389430** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9389430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denmark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9497133** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3173029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6324104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22693709** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4609422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18084287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4997276** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4997276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4659971** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4659971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5333059** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5333059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Italy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4541073** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4541073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**28874510** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28874510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5272916** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5272916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Namibia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**342083** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16113678** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3885414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12228264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

\| JOHN HANCOCK Disciplined Value Global Long/Short Fund 30

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17444698** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8950510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8494188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United States | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**108034126** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108034126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Convertible bonds** | **1384708** |  |  | $1384708 |
| **Short-term investments** | **65911214** | 65911214 |  |  |
| **Total investments in securities** | **$339594119** | **$234915528** | **$103293883** | **$1384708** |
| **Liabilities** |  |  |  |  |
| Securities sold short | **$(2687132)** |  | $(2687132) |  |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| Swap contracts | **13713053** |  | 13713053 |  |
| **Liabilities** |  |  |  |  |
| Written options | **(2272323)** | $(2272323) |  |  |
| Swap contracts | **(17083221)** |  | (17083221) |  |

---

The following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value.

---

| | |
|:---|:---|
|  | **Convertible bonds** |
| Balance as of 3-31-25 | &nbsp;&nbsp;$1271734 |
| Purchases | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Sales | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Net amortization of (premium) discount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;112974 |
| **Balance as of 9-30-25** | **$1384708** |
| Change in unrealized appreciation (depreciation) at period end<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;$112974 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Change in unrealized appreciation (depreciation) attributable to Level 3 securities held at period end. This balance is included in change in unrealized appreciation (depreciation) on the Statement of operations.

**Securities sold short. The fund may engage in short sales and short sales "against the box.". In a short sale against the box, a fund borrows securities from a broker-dealer and sells the borrowed securities, and at all times during the transaction, a fund either owns or has the right to acquire the same securities at no extra cost. If the price of the security has declined at the time a fund is required to deliver the security, a fund will benefit from the difference in the price. If the price of a security has increased, the fund will be required to pay the difference.**

In addition, the fund may make short sales of securities that the fund does not own in anticipation of a decline in the market value of that security (a "short sale"). To complete such a transaction, a fund must borrow the security to make delivery to the buyer. The fund is then obligated to replace the security borrowed by purchasing it at market price at the time of replacement. The price at such time may be more or less than the price at which the security was sold by the fund. Until the security is replaced, the fund is required to pay the lender any dividends or interest which accrues during the period of the loan. Interest or short dividend expense is recorded as incurred. To borrow the security, the fund also may be required to pay a premium, which would increase the cost of the security sold. The proceeds of the short sale are typically retained by the broker to meet margin requirements until the short position is closed out. Collateral posted by the fund is noted in the accompanying Fund's investments, or if cash is posted, on the Statement of assets and liabilities as Cash at prime broker. As of September 30, 2025, securities with total market value of $30,596,680 and cash at prime of $2,100,138 were pledged as collateral.

31 JOHN HANCOCK Disciplined Value Global Long/Short Fund \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

The fund will incur a loss as a result of the short sale if the price of the security increases between the date of the short sale and the date on which the fund replaced the borrowed security and theoretically the fund's loss could be unlimited. The fund will generally realize a gain if the security declines in price between those dates. This result is the opposite of what one would expect from a cash purchase of a long position in a security. The amount of any gain will be decreased, and the amount of any loss increased, by the amount of any premium, dividends or interest the fund may be required to pay in connection with a short sale. Short selling may amplify changes in a fund's NAV. Short selling also may produce higher than normal portfolio turnover, which may result in increased transaction costs to a fund.

**Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.**

**Securities lending. The fund may lend its securities to earn additional income. The fund receives collateral from the borrower in an amount not less than the market value of the loaned securities. The fund may invest its cash collateral in JHCT, an affiliate of the fund, which has a floating NAV and is registered with the Securities and Exchange Commission (SEC) as an investment company. JHCT is a government money market fund and invests in U.S. Government securities and/or repurchase agreements. The fund will receive the benefit of any gains and bear any losses generated by JHCT with respect to the cash collateral.** 

The fund has the right to recall loaned securities on demand. If a borrower fails to return loaned securities when due, then the lending agent is responsible and indemnifies the fund for the lent securities. The lending agent uses the collateral received from the borrower to purchase replacement securities of the same issue, type, class and series of the loaned securities. If the value of the collateral is less than the purchase cost of replacement securities, the lending agent is responsible for satisfying the shortfall but only to the extent that the shortfall is not due to any decrease in the value of JHCT.

Although the risk of loss on securities lent is mitigated by receiving collateral from the borrower and through lending agent indemnification, the fund could experience a delay in recovering securities or could experience a lower than expected return if the borrower fails to return the securities on a timely basis. During the existence of the loan, the fund will receive from the borrower amounts equivalent to any dividends, interest or other distributions on the loaned securities, as well as interest on such amounts. The fund receives compensation for lending its securities by retaining a portion of the return on the investment of the collateral and compensation from fees earned from borrowers of the securities. Securities lending income received by the fund is net of fees retained by the securities lending agent. Net income received from JHCT is a component of securities lending income as recorded on the Statement of operations.

Obligations to repay collateral received by the fund are shown on the Statement of assets and liabilities as Payable upon return of securities loaned and are secured by the loaned securities. As of September 30, 2025, the fund loaned securities valued at $1,267,534 and received $1,316,170 of cash collateral.

**Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.**

\| JOHN HANCOCK Disciplined Value Global Long/Short Fund 32

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.

**Foreign taxes. The fund may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the fund as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.**

**Overdraft. The fund may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the fund's custodian agreement, the custodian may loan money to the fund to make properly authorized payments. The fund is obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law. Overdrafts at period end are presented under the caption Due to custodian in the Statement of assets and liabilities.**

**Line of credit. The fund and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 13, 2026 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, the fund can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement. A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund based on an asset-based allocation and is reflected in Other expenses on the Statement of operations. For the six months ended September 30, 2025, the fund had no borrowings under the line of credit. Commitment fees for the six months ended September 30, 2025 were $891.**

**Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund's relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.**

**Class allocations. Income, common expenses and realized and unrealized gains (losses) are determined at the fund level and allocated daily to each class of shares based on the net assets of the class. Class-specific expenses, such as distribution and service fees, if any, and transfer agent fees, for all classes, are charged daily at the class level based on the net assets of each class and the specific expense rates applicable to each class.**

**Federal income taxes. The fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.**

As of March 31, 2025, the fund had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The fund's federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.

**Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The fund generally declares and pays dividends annually. Capital gain distributions, if any, are typically distributed annually.**

33 JOHN HANCOCK Disciplined Value Global Long/Short Fund \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

Distributions paid by the fund with respect to each class of shares are calculated in the same manner, at the same time and in the same amount, except for the effect of class level expenses that may be applied differently to each class.

Such distributions, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the fund's financial statements as a return of capital. The final determination of tax characteristics of the fund's distribution will occur at the end of the year and will subsequently be reported to shareholders.

Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to derivative transactions, wash sale loss deferrals and straddle loss deferrals.

#### Note 3 — Derivative instruments
The fund may invest in derivatives in order to meet its investment objective. Derivatives include a variety of different instruments that may be traded in the over-the-counter (OTC) market, on a regulated exchange or through a clearing facility. The risks in using derivatives vary depending upon the structure of the instruments, including the use of leverage, optionality, the liquidity or lack of liquidity of the contract, the creditworthiness of the counterparty or clearing organization and the volatility of the position. Some derivatives involve risks that are potentially greater than the risks associated with investing directly in the referenced securities or other referenced underlying instrument. Specifically, the fund is exposed to the risk that the counterparty to an OTC derivatives contract will be unable or unwilling to make timely settlement payments or otherwise honor its obligations. OTC derivatives transactions typically can only be closed out with the other party to the transaction.

Derivatives which are typically traded through the OTC market are regulated by the Commodity Futures Trading Commission (the CFTC). Derivative counterparty risk is managed through an ongoing evaluation of the creditworthiness of all potential counterparties and, if applicable, designated clearing organizations. The fund attempts to reduce its exposure to counterparty risk for derivatives traded in the OTC market, whenever possible, by entering into an International Swaps and Derivatives Association (ISDA) Master Agreement with each of its OTC counterparties. The ISDA gives each party to the agreement the right to terminate all transactions traded under the agreement if there is certain deterioration in the credit quality or contractual default of the other party, as defined in the ISDA. Upon an event of default or a termination of the ISDA, the non-defaulting party has the right to close out all transactions and to net amounts owed.

As defined by the ISDA, the fund may have collateral agreements with certain counterparties to mitigate counterparty risk on OTC derivatives. Subject to established minimum levels, collateral for OTC transactions is generally determined based on the net aggregate unrealized gain or loss on contracts with a particular counterparty. Collateral pledged to the fund, if any, is held in a segregated account by a third-party agent or held by the custodian bank for the benefit of the fund and can be in the form of cash or debt securities issued by the U.S. government or related agencies; collateral posted by the fund, if any, for OTC transactions is held in a segregated account at the fund's custodian and is noted in the accompanying Fund's investments, or if cash is posted, on the Statement of assets and liabilities. The fund's risk of loss due to counterparty risk is equal to the asset value of outstanding contracts offset by collateral received.

Certain derivatives are traded or cleared on an exchange or central clearinghouse. Exchange-traded or centrally-cleared transactions generally present less counterparty risk to a fund than OTC transactions. The exchange or clearinghouse stands between the fund and the broker to the contract and therefore, credit risk is generally limited to the failure of the exchange or clearinghouse and the clearing member.

**Options. There are two types of options, put options and call options. Options are traded either OTC or on an exchange. A call option gives the purchaser of the option the right to buy (and the seller the obligation to sell) the underlying asset at the exercise price. A put option gives the purchaser of the option the right to sell (and the**

\| JOHN HANCOCK Disciplined Value Global Long/Short Fund 34

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

writer the obligation to buy) the underlying asset at the exercise price. Writing puts and buying calls may increase the fund's exposure to changes in the value of the underlying instrument. Buying puts and writing calls may decrease the fund's exposure to such changes. Risks related to the use of options include the loss of premiums on purchased options, possible illiquidity of the options markets, trading restrictions imposed by an exchange and movements in underlying security values, and for written options, potential losses in excess of the amounts recognized on the Statement of assets and liabilities. In addition, OTC options are subject to the risks of all OTC derivatives contracts.

Purchased options are included in the Fund's investments and are subsequently "marked-to-market" to reflect current market value. If a purchased option expires, the fund realizes a loss equal to the premium paid for the option. Premiums paid for purchased options which are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying asset transaction to determine the realized gain (loss). Written options are included as liabilities in the Statement of assets and liabilities and are "marked-to-market" to reflect the current market value. If the written option expires, the fund realizes a gain equal to the premium received. Premiums received from writing options which are exercised or closed are added to the proceeds or offset against amounts paid on the underlying asset transaction to determine the realized gain (loss).

During the six months ended September 30, 2025, the fund wrote option contracts to manage against changes in certain securities markets and to gain exposure to certain securities markets. The fund held written option contracts with market values ranging from $436,000 to $1.4 million, as measured at each quarter end.

**Swaps. Swap agreements are agreements between the fund and a counterparty to exchange cash flows, assets, foreign currencies or market-linked returns at specified intervals. Swap agreements are privately negotiated in the OTC market (OTC swaps) or may be executed on a registered commodities exchange (centrally cleared swaps). Swaps are marked-to-market daily and the change in value is recorded as a component of unrealized appreciation/depreciation of swap contracts. The value of the swap will typically impose collateral posting obligations on the party that is considered out-of-the-money on the swap.** 

Upfront payments made/received by the fund, if any, are amortized/accreted for financial reporting purposes, with the unamortized/unaccreted portion included in the Statement of assets and liabilities. A termination payment by the counterparty or the fund is recorded as realized gain or loss, as well as the net periodic payments received or paid by the fund.

Entering into swap agreements involves, to varying degrees, elements of credit, market and documentation risk that may provide outcomes that produce losses in excess of the amounts recognized on the Statement of assets and liabilities. Such risks involve the possibility that there will be no liquid market for the swap, or that a counterparty may default on its obligation or delay payment under the swap terms. The counterparty may disagree or contest the terms of the swap. In addition to interest rate risk, market risks may also impact the swap. The fund may also suffer losses if it is unable to terminate or assign outstanding swaps or reduce its exposure through offsetting transactions.

**Total Return Swaps. The fund may enter into total return swap contracts to obtain synthetic exposure to a specific reference asset or index without owning, taking physical custody of, or short selling the underlying assets. Total return swaps are commitments where one party pays a fixed or variable rate premium (the Buyer) in exchange for a market-linked return (the Seller). The Seller pays the total return of a specific reference asset or index and in return receives interest payments from the Buyer. To the extent the total return of the underlying asset or index exceeds or falls short of the offsetting interest rate obligation, the Buyer will receive or make a payment to the Seller. A fund may enter into total return swaps in which it may act as either the Buyer or the Seller. Total return swap contracts are subject to the risk associated with the investment in the underlying reference asset or index. The risk in the case of short total return swap contracts is unlimited based on the potential for unlimited increases in the market value of the underlying reference asset or index.**

During the six months ended September 30, 2025, the fund used total return swaps to gain exposure to a security

35 JOHN HANCOCK Disciplined Value Global Long/Short Fund \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

or market without investing directly in such security or market and to exchange the risk/return of one market with another. The fund held total return swaps with total USD notional amounts ranging from $73.7 million to $206.1 million, as measured at each quarter end.

#### Fair value of derivative instruments by risk category
The table below summarizes the fair value of derivatives held by the fund at September 30, 2025 by risk category:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Risk** | &nbsp;&nbsp;**Statement of assets<br> and liabilities<br> location** | &nbsp;&nbsp;**Financial<br> instruments<br> location** | &nbsp;&nbsp;**Assets<br> derivatives<br> fair value** | &nbsp;&nbsp;**Liabilities<br> derivatives<br> fair value** |
| Equity | Written options, at value | Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$(2272323) |
| Equity | Swap contracts, at value | Total return swaps | &nbsp;&nbsp;&nbsp;$13713053 | &nbsp;&nbsp;&nbsp;&nbsp;(17083221) |
|  |  |  | **$13713053** | **$(19355544)** |

---

For financial reporting purposes, the fund does not offset OTC derivative assets or liabilities that are subject to master netting arrangements, as defined by the ISDAs, in the Statement of assets and liabilities. In the event of default by the counterparty or a termination of the agreement, the ISDA allows an offset of amounts across the various transactions between the fund and the applicable counterparty.

The tables below reflect the fund's exposure to OTC derivative transactions and exposure to counterparties subject to an ISDA:

---

| | | |
|:---|:---|:---|
| **OTC Financial Instruments** | &nbsp;&nbsp;&nbsp;**Asset** | &nbsp;&nbsp;&nbsp;**Liability** |
| Swap contracts | &nbsp;&nbsp;&nbsp;$13713053 | &nbsp;&nbsp;&nbsp;$(17083221) |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Assets** | &nbsp;&nbsp;&nbsp;**Liabilities** | &nbsp;&nbsp;&nbsp;**Total Market<br> Value of<br> OTC Derivatives** | &nbsp;&nbsp;&nbsp;**Collateral<br> Posted by<br> Counterparty<sup>1</sup>** | &nbsp;&nbsp;&nbsp;**Collateral Posted<br> by Fund<sup>1</sup>** | &nbsp;&nbsp;&nbsp;**Net<br> Exposure** |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;$6308945 | &nbsp;&nbsp;&nbsp;&nbsp;$(9634118) | &nbsp;&nbsp;&nbsp;$(3325173) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$3325173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;409846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(430392) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20546) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| JPMorgan<br> Chase<br> Bank, N.A. | &nbsp;&nbsp;&nbsp;5693433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3863501) | &nbsp;&nbsp;&nbsp;&nbsp;1829932 | &nbsp;&nbsp;&nbsp;$1154000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$675932 |
| Morgan Stanley & Co. International PLC | &nbsp;&nbsp;&nbsp;220092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1896100) | &nbsp;&nbsp;&nbsp;&nbsp;(1676008) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;1676008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| UBS AG | &nbsp;&nbsp;&nbsp;1080737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1259110) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(178373) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(178373) |
| Totals | &nbsp;&nbsp;&nbsp;$13713053 | &nbsp;&nbsp;&nbsp;($17083221) | &nbsp;&nbsp;&nbsp;($3370168) | &nbsp;&nbsp;&nbsp;$1154000 | &nbsp;&nbsp;&nbsp;$5021728 | &nbsp;&nbsp;&nbsp;$497559 |
| <sup>1</sup> Reflects cash and/or non-cash collateral posted by the counterparty or posted by the fund, excluding any excess collateral amounts. | <sup>1</sup> Reflects cash and/or non-cash collateral posted by the counterparty or posted by the fund, excluding any excess collateral amounts. | <sup>1</sup> Reflects cash and/or non-cash collateral posted by the counterparty or posted by the fund, excluding any excess collateral amounts. | <sup>1</sup> Reflects cash and/or non-cash collateral posted by the counterparty or posted by the fund, excluding any excess collateral amounts. | <sup>1</sup> Reflects cash and/or non-cash collateral posted by the counterparty or posted by the fund, excluding any excess collateral amounts. | <sup>1</sup> Reflects cash and/or non-cash collateral posted by the counterparty or posted by the fund, excluding any excess collateral amounts. | <sup>1</sup> Reflects cash and/or non-cash collateral posted by the counterparty or posted by the fund, excluding any excess collateral amounts. |

---

\| JOHN HANCOCK Disciplined Value Global Long/Short Fund 36

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

#### Effect of derivative instruments on the Statement of operations
The table below summarizes the net realized gain (loss) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the six months ended September 30, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Statement of operations location - Net realized gain (loss) on:** | &nbsp;&nbsp;&nbsp;**Statement of operations location - Net realized gain (loss) on:** | &nbsp;&nbsp;&nbsp;**Statement of operations location - Net realized gain (loss) on:** |
| **Risk** | &nbsp;&nbsp;&nbsp;**Written options** | &nbsp;&nbsp;&nbsp;**Swap contracts** | &nbsp;&nbsp;&nbsp;**Total** |
| Equity | &nbsp;&nbsp;&nbsp;$(522919) | &nbsp;&nbsp;&nbsp;$2122954 | &nbsp;&nbsp;&nbsp;$1600035 |

---

The table below summarizes the net change in unrealized appreciation (depreciation) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the six months ended September 30, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Statement of operations location - Change in net unrealized appreciation (depreciation) of:** | &nbsp;&nbsp;&nbsp;**Statement of operations location - Change in net unrealized appreciation (depreciation) of:** | &nbsp;&nbsp;&nbsp;**Statement of operations location - Change in net unrealized appreciation (depreciation) of:** |
| **Risk** | &nbsp;&nbsp;&nbsp;**Written options** | &nbsp;&nbsp;&nbsp;**Swap contracts** | &nbsp;&nbsp;&nbsp;**Total** |
| Equity | &nbsp;&nbsp;&nbsp;$(1108838) | &nbsp;&nbsp;&nbsp;$(5656753) | &nbsp;&nbsp;&nbsp;$(6765591) |

---

#### Note 4 — Guarantees and indemnifications
Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the fund. Additionally, in the normal course of business, the fund enters into contracts with service providers that contain general indemnification clauses. The fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the fund that have not yet occurred. The risk of material loss from such claims is considered remote.

#### Note 5 — Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the fund. John Hancock Investment Management Distributors LLC (the Distributor), an affiliate of the Advisor, serves as principal underwriter of the fund. The Advisor and the Distributor are indirect, principally owned subsidiaries of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation.

**Management fee. The fund has an investment management agreement with the Advisor under which the fund pays a daily management fee to the Advisor, equivalent on an annual basis, to the sum of: (a) 1.400% of the first $250 million of the fund's average daily net assets, (b) 1.375% of the next $750 million of the fund's average daily net assets, and (c) 1.350% of the fund's average daily net assets in excess over $1 billion. The Advisor has a subadvisory agreement with Boston Partners Global Investors, Inc. The fund is not responsible for payment of the subadvisory fees.**

The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the fund (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund. During the six months ended September 30, 2025, this waiver amounted to 0.01% of the fund's average daily net assets, on an annualized basis. This agreement expires on July 31, 2027, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

The Advisor has contractually agreed to reduce its management fee or, if necessary, make payment to the fund in an amount by which expenses of the fund exceed 1.53% of average daily net assets of the fund. For purposes of this agreement, "expenses of the fund" means all fund expenses, excluding (a) taxes, (b) brokerage commissions, (c) interest expense, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the fund's business, (e) class-specific expenses, (f) borrowing costs, (g) prime brokerage

37 JOHN HANCOCK Disciplined Value Global Long/Short Fund \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

fees,(h) acquired fund fees and expenses paid indirectly, and (i) short dividend expense. This agreement expires on July 31, 2026, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

For the six months ended September 30, 2025, the expense reductions described above amounted to the following:

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;**Expense reduction** |
| Class A | &nbsp;&nbsp;$5756 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196 |
| Class I | &nbsp;&nbsp;38019 |

---

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;**Expense reduction** |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;$2548 |
| Class NAV | &nbsp;&nbsp;&nbsp;&nbsp;16520 |
| **Total** | &nbsp;&nbsp;**$63039** |

---

Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.

The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the six months ended September 30, 2025, were equivalent to a net annual effective rate of 1.36% of the fund's average daily net assets.

**Accounting and legal services. Pursuant to a service agreement, the fund reimburses the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These expenses are allocated to each share class based on its relative net assets at the time the expense was incurred. These accounting and legal services fees incurred, for the six months ended September 30, 2025, amounted to an annual rate of 0.02% of the fund's average daily net assets.**

**Distribution and service plans. The fund has a distribution agreement with the Distributor. The fund has adopted distribution and service plans for certain classes as detailed below pursuant to Rule 12b-1 under the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the fund. The fund may pay up to the following contractual rates of distribution and service fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the fund's shares:**

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Rule 12b-1 Fee** |
| Class A | &nbsp;&nbsp;0.25% |
| Class C | &nbsp;&nbsp;1.00% |

---

#### Sales charges. Class A shares may be subject to up-front sales charges. For the six months ended September 30, 2025, no sales charges were assessed.
Class A and Class C shares may be subject to contingent deferred sales charges (CDSCs). Certain Class A shares purchased, including those that are acquired through purchases of $1 million or more, and redeemed within one year of purchase are subject to a 1.00% CDSC. Class C shares that are redeemed within one year of purchase are subject to a 1.00% CDSC. CDSCs are applied to the lesser of the current market value at the time of redemption or the original purchase cost of the shares being redeemed. Proceeds from CDSCs are used to compensate the Distributor for providing distribution-related services in connection with the sale of these shares. During the six months ended September 30, 2025, there were no CDSCs received by the Distributor for Class A or Class C shares.

**Transfer agent fees. The John Hancock group of funds has a complex-wide transfer agent agreement with John Hancock Signature Services, Inc. (Signature Services), an affiliate of the Advisor. The transfer agent fees paid to Signature Services are determined based on the cost to Signature Services (Signature Services Cost) of providing recordkeeping services. It also includes out-of-pocket expenses, including payments made to third-parties for recordkeeping services provided to their clients who invest in one or more John Hancock funds. In addition, Signature Services Cost may be reduced by certain fees that Signature Services receives in connection with retirement and small accounts. Signature Services Cost is calculated monthly and allocated, as applicable, to three**

\| JOHN HANCOCK Disciplined Value Global Long/Short Fund 38

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

categories of share classes: Retail Share Classes of Non-Municipal Bond Funds, Retirement Share Classes and Retail Share Classes of Municipal Bond Funds. Within each of these categories, the applicable costs are allocated to the affected John Hancock affiliated funds and/or classes, based on the relative average daily net assets.

#### Class level expenses. Class level expenses for the six months ended September 30, 2025 were as follows:

---

| | | |
|:---|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Distribution and service fees** | &nbsp;&nbsp;&nbsp;**Transfer agent fees** |
| Class A | &nbsp;&nbsp;&nbsp;$31418 | &nbsp;&nbsp;&nbsp;&nbsp;$14017 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698 |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;106029 |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;911 |
| **Total** | &nbsp;&nbsp;**$36767** | &nbsp;&nbsp;**$121655** |

---

**Trustee expenses. The fund compensates each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to the fund based on its net assets relative to other funds within the John Hancock group of funds complex.**

**Interfund lending program. Pursuant to an Exemptive Order issued by the SEC, the fund, along with certain other funds advised by the Advisor or its affiliates, may participate in an interfund lending program. This program provides an alternative credit facility allowing the fund to borrow from, or lend money to, other participating affiliated funds. At period end, no interfund loans were outstanding. The fund's activity in this program during the period for which loans were outstanding was as follows:**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Borrower<br> or Lender** | &nbsp;&nbsp;&nbsp;**Weighted Average<br> Loan Balance** | &nbsp;&nbsp;&nbsp;**Days<br> Outstanding** | &nbsp;&nbsp;&nbsp;**Weighted Average<br> Interest Rate** | &nbsp;&nbsp;&nbsp;**Interest Income<br> (Expense)** |
| Lender | &nbsp;&nbsp;$4100000 | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.855% | &nbsp;&nbsp;$553 |

---

#### Note 6 — Fund share transactions
Transactions in fund shares for the periods ended September 30, 2025 and March 31, 2025 and for the year ended August 31, 2024 were as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Period Ended 9-30-25** | **Period Ended 9-30-25** | &nbsp;&nbsp;**Period Ended 3-31-25** | &nbsp;&nbsp;**Period Ended 3-31-25** | &nbsp;&nbsp;**Year Ended 8-31-24** | &nbsp;&nbsp;**Year Ended 8-31-24** |
|  | **Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class A shares** |  |  |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8938728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6854385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474050 | &nbsp;&nbsp;&nbsp;&nbsp;$7409646 |
| Issued in reorganization (Note 10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6894014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1509913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109781 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132663) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2115064) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(539626) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7767208) | &nbsp;&nbsp;&nbsp;&nbsp;(288367) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4458835) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**930788** | &nbsp;&nbsp;&nbsp;&nbsp;**$13717678** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30795** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$597090** | &nbsp;&nbsp;&nbsp;&nbsp;**193012** | &nbsp;&nbsp;&nbsp;&nbsp;**$3060592** |
| **Class C shares<sup>1</sup>** |  |  |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$333508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$54000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Issued in reorganization (Note 10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30292) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(478900) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**57153** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$777115** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3582** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$54000** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |

---

39 JOHN HANCOCK Disciplined Value Global Long/Short Fund \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Period Ended 9-30-25** | **Period Ended 9-30-25** | &nbsp;&nbsp;**Period Ended 3-31-25** | &nbsp;&nbsp;**Period Ended 3-31-25** | &nbsp;&nbsp;**Year Ended 8-31-24** | &nbsp;&nbsp;**Year Ended 8-31-24** |
|  | **Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class I shares** |  |  |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;2503125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$40181181 | &nbsp;&nbsp;&nbsp;&nbsp;1821381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$26971417 | &nbsp;&nbsp;&nbsp;&nbsp;2718812 | &nbsp;&nbsp;&nbsp;$43050758 |
| Issued in reorganization (Note 10) | &nbsp;&nbsp;&nbsp;&nbsp;4323444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61778124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;1306077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19695760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2120859 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;(2225511) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35334911) | &nbsp;&nbsp;&nbsp;&nbsp;(5141746) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75004312) | &nbsp;&nbsp;&nbsp;(3031839) | &nbsp;&nbsp;&nbsp;&nbsp;(47668390) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;**4601058** | &nbsp;&nbsp;&nbsp;&nbsp;**$66624394** | &nbsp;&nbsp;&nbsp;**(2014288)** | &nbsp;&nbsp;&nbsp;**$(28337135)** | &nbsp;&nbsp;&nbsp;&nbsp;**(173863)** | &nbsp;&nbsp;&nbsp;**$(2496773)** |
| **Class R6 shares<sup>2</sup>** |  |  |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$191182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$68418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Issued in reorganization (Note 10) | &nbsp;&nbsp;&nbsp;&nbsp;3679696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51507644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;(2970117) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43649502) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(646) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9371) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**721619** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8049324** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4009** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$59778** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Class NAV shares<sup>3</sup>** |  |  |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4913750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Issued in reorganization (Note 10) | &nbsp;&nbsp;&nbsp;&nbsp;6387412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89351601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;(1885337) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30713244) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**4818939** | &nbsp;&nbsp;&nbsp;&nbsp;**$63552107** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Total net increase (decrease)** | **11129557** | &nbsp;&nbsp;**$152720618** | &nbsp;&nbsp;**(1975902)** | &nbsp;&nbsp;**$(27626267)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19149** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$563819** |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> The inception date for Class C shares is 10-21-24. <br> <sup>2</sup> The inception date for Class R6 shares is 10-21-24. <br> <sup>3</sup> The inception date for Class NAV shares is 4-4-25.

Affiliates of the fund owned 100% of shares of Class NAV on September 30, 2025. Such concentration of shareholders' capital could have a material effect on the fund if such shareholders redeem from the fund.

#### Note 7 — Purchase and sale of securities
Purchases and sales of securities, other than short-term investments and reorganization activity, amounted to $259,966,662 and $247,929,033, respectively, for the six months ended September 30, 2025.

#### Note 8 — Investment by affiliated funds
Certain investors in the fund are affiliated funds that are managed by the Advisor and its affiliates. The affiliated funds do not invest in the fund for the purpose of exercising management or control; however, this investment may represent a significant portion of the fund's net assets. At September 30, 2025, funds within the John Hancock group of funds complex held 24.2% of the fund's net assets. The following fund(s) had an affiliate ownership of 5% or more of the fund's net assets:

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;**Affiliated Concentration** |
| John Hancock Funds II Alternative Asset Allocation | &nbsp;&nbsp;24.2% |

---

\| JOHN HANCOCK Disciplined Value Global Long/Short Fund 40

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

#### Note 9 — Investment in affiliated underlying funds
The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund's fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| John Hancock Collateral Trust\* | 131687 | $1111725 | $61201990 | $(60997592) | $1162 | $30 | $106307 |  | $1317315 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

\* Refer to the Securities lending note within Note 2 for details regarding this investment.

#### Note 10 — Reorganization
At its meeting held on December 10-12, 2024, the Board of Trustees of John Hancock Investment Trust (JHIT), of which JHIT Seaport Long/Short Fund (the Acquired Fund) was a series of, voted to approve an Agreement and Plan of Reorganization (the Agreement) which provided for an exchange of shares of John Hancock Disciplined Value Global/Long Short Fund (the Acquiring Fund) with a value equal to the net assets transferred.The Agreement provided for (a) the acquisition of all the assets, subject to all of the liabilities, of the Acquired Fund in exchange for shares of the Acquiring Fund with a value equal to the net assets transferred; (b) the liquidation of the Acquired Fund; and (c) the distribution to the Acquired Fund's shareholders of such Acquiring Fund's shares. The reorganization was intended to achieve potential opportunities for economies of scale. As a result of the reorganization, the Acquiring Fund is the legal and accounting survivor.

The reorganization qualified as a tax-free reorganization for federal income tax purposes with no gain or loss recognized by the Acquired Fund or their shareholders. Thus, the investments were transferred to the Acquiring Fund at the Acquired Fund's identified cost. All distributable amounts of net income and realized gains from the Acquired Fund were distributed prior to the reorganization. In addition, the Acquired Fund and Acquiring Fund will bear a pro-rata portion of the costs that are incurred in connection with the reorganization. The effective time of the reorganization occurred immediately after the close of regularly scheduled trading on the New York Stock Exchange (NYSE) on April 4, 2025. The following outlines the reorganization:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Acquiring<br> Portfolio** | &nbsp;&nbsp;**Acquired<br> Portfolio** | &nbsp;&nbsp;**Net Asset<br> Value of the<br> Acquired<br> Portfolio** | &nbsp;&nbsp;**Depreciation<br> of the<br> Acquired<br> Portfolio's<br> Investments** | &nbsp;&nbsp;**Shares<br> Redeemed<br> by the<br> Acquired<br> Portfolio** | &nbsp;&nbsp;**Shares<br> Issued<br> by the<br> Acquiring<br> Portfolio** | &nbsp;&nbsp;**Acquiring<br> Portfolio<br> Net Assets<br> Prior to<br> Combination** | &nbsp;&nbsp;**Acquiring<br> Portfolio<br> Total Net<br> Assets After<br> Combination** |
| Disciplined Value Global Long/Short Fund | John Hancock Seaport Long/Short Fund | $210453890 | ($13755763) | 24077216 | 14949470 | $121057538 | $331511428 |

---

Because the combined fund has been managed as a single integrated fund since the reorganization was completed, it is not practicable to separate the amounts of net investment income and gains attributable to the Acquired Fund that have been included in the Acquiring Fund's Statement of operations at September 30, 2025. See Note 6 for capital shares issued in connection with the above referenced reorganization.

41 JOHN HANCOCK Disciplined Value Global Long/Short Fund \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

Assuming the acquisition had been completed on April 1, 2025, the beginning of the reporting period, the Acquiring Fund's pro forma results of operations for the six months ended September 30, 2025 are as follows:

---

| | |
|:---|:---|
| Net Investment Income | $2951313 |
| Net realized and unrealized gain | $46732818 |
| **Increase (decrease) in net assets from operations** | **$49684131** |

---

#### Note 11 — Segment reporting
The management committee of the Advisor acts as the fund's chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. The fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund's long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund's subadvisor. Segment assets are reflected in the Statement of assets and liabilities as "Total assets", which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statement of operations, which includes "Increase (decrease) in net assets from operations", Statements of changes in net assets, which includes "Increase (decrease) in net assets from fund share transactions", and Financial highlights, which includes total return and income and expense ratios.

\| JOHN HANCOCK Disciplined Value Global Long/Short Fund 42

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

#### EVALUATION OF ADVISORY AND SUBADVISORY AGREEMENTS BY THE BOARD OF TRUSTEES

------

This section describes the evaluation by the Board of Trustees (the Board) of John Hancock Investment Trust (the Trust) of the Advisory Agreement (the Advisory Agreement) with John Hancock Investment Management LLC (the Advisor) and the Subadvisory Agreement (the Subadvisory Agreement) with Boston Partners Global Investors, Inc. (the Subadvisor), for John Hancock Disciplined Value Global Long/Short Fund (the fund). The Advisory Agreement and Subadvisory Agreement are collectively referred to as the Agreements. Prior to the June 23-26, 2025 meeting at which the Agreements were approved, the Board also discussed and considered information regarding the proposed continuation of the Agreements at a meeting held on May 27-May 29, 2025. The Trustees who are not "interested persons" of the Trust as defined by the Investment Company Act of 1940, as amended (the 1940 Act) (the Independent Trustees) also met separately to evaluate and discuss the information presented, including with counsel to the Independent Trustees and a third-party consulting firm.

#### Approval of Advisory and Subadvisory Agreements
At a meeting held on June 23-26, 2025, the Board, including the Trustees who are not parties to any agreement or considered to be interested persons of the Trust under the 1940 Act, reapproved for an annual period the continuation of the Advisory Agreement between the Trust and the Advisor and the Subadvisory Agreement between the Advisor and the Subadvisor with respect to the fund.

In considering the Advisory Agreement and the Subadvisory Agreement, the Board received in advance of the meetings a variety of materials relating to the fund, the Advisor and the Subadvisor, including comparative performance, fee and expense information for a peer group of similar funds prepared by an independent third-party provider of fund data, performance information for an applicable benchmark index; and, with respect to the Subadvisor, comparative performance information for comparably managed accounts, as applicable, and other information provided by the Advisor and the Subadvisor regarding the nature, extent and quality of services provided by the Advisor and the Subadvisor under their respective Agreements, as well as information regarding the Advisor's revenues and costs of providing services to the fund and any compensation paid to affiliates of the Advisor. At the meetings at which the renewal of the Advisory Agreement and Subadvisory Agreement are considered, particular focus is given to information concerning fund performance, comparability of fees and total expenses, and profitability. However, the Board noted that the evaluation process with respect to the Advisor and the Subadvisor is an ongoing one. In this regard, the Board also took into account discussions with management and information provided to the Board (including its various committees) at prior meetings with respect to the services provided by the Advisor and the Subadvisor to the fund, including quarterly performance reports prepared by management containing reviews of investment results and prior presentations from the Subadvisor with respect to the fund. The information received and considered by the Board in connection with the May and June meetings and throughout the year was both written and oral. The Board also considered the nature, quality, and extent of non-advisory services, if any, to be provided to the fund by the Advisor's affiliates, including distribution services. The Board considered the Advisory Agreement and the Subadvisory Agreement separately in the course of its review. In doing so, the Board noted the respective roles of the Advisor and Subadvisor in providing services to the fund.

Throughout the process, the Board asked questions of and requested additional information from management. The Board is assisted by counsel for the Trust and the Independent Trustees are also separately assisted by independent legal counsel throughout the process. The Independent Trustees also received a memorandum from their independent legal counsel discussing the legal standards for their consideration of the proposed continuation of the Agreements and discussed the proposed continuation of the Agreements in private sessions with their independent legal counsel at which no representatives of management were present.

43 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

#### Approval of Advisory Agreement
In approving the Advisory Agreement with respect to the fund, the Board, including the Independent Trustees, considered a variety of factors, including those discussed below. The Board also considered other factors (including conditions and trends prevailing generally in the economy, the securities markets, and the industry) and did not treat any single factor as determinative, and each Trustee may have attributed different weights to different factors. The Board's conclusions may be based in part on its consideration of the advisory and subadvisory arrangements in prior years and on the Board's ongoing regular review of fund performance and operations throughout the year.

*<u>Nature, extent, and quality of services</u>. Among the information received by the Board from the Advisor relating to the nature, extent, and quality of services provided to the fund, the Board reviewed information provided by the Advisor relating to its operations and personnel, descriptions of its organizational and management structure, and information regarding the Advisor's compliance and regulatory history, including its Form ADV. The Board also noted that on a regular basis it receives and reviews information from the Trust's Chief Compliance Officer (CCO) regarding the fund's compliance policies and procedures established pursuant to Rule 38a-1 under the 1940 Act. The Board observed that the scope of services provided by the Advisor, and of the undertakings required of the Advisor in connection with those services, including maintaining and monitoring its own and the fund's compliance programs, risk management programs, liquidity risk management programs, derivatives risk management programs, and cybersecurity programs, had expanded over time as a result of regulatory, market and other developments. The Board considered that the Advisor is responsible for the management of the day-to-day operations of the fund, including, but not limited to, general supervision of and coordination of the services provided by the Subadvisor, and is also responsible for monitoring and reviewing the activities of the Subadvisor and other third-party service providers. The Board also considered the significant risks assumed by the Advisor in connection with the services provided to the fund including entrepreneurial risk in sponsoring new funds and ongoing risks including investment, operational, enterprise, litigation, regulatory and compliance risks with respect to all funds.*

In considering the nature, extent, and quality of the services provided by the Advisor, the Trustees also took into account their knowledge of the Advisor's management and the quality of the performance of the Advisor's duties, through Board meetings, discussions and reports during the preceding year and through each Trustee's experience as a Trustee of the Trust and of the other trusts in the John Hancock group of funds complex (the John Hancock Fund Complex).

In the course of their deliberations regarding the Advisory Agreement, the Board considered, among other things:

(a) the skills and competency with which the Advisor has in the past managed the Trust's affairs and its subadvisory relationship, the Advisor's oversight and monitoring of the Subadvisor's investment
performance and compliance programs, such as the Subadvisor's compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the
Advisor's timeliness in responding to performance issues;

(b) the background, qualifications and skills of the Advisor's personnel;

(c) the Advisor's compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments;

(d) the Advisor's administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor's oversight of any securities lending activity, its
monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund;

(e) the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund;

\| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 44

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

(f) the Advisor's initiatives intended to improve various aspects of the Trust's operations and investor experience with the fund; and

(g) the Advisor's reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety
of investments.

The Board concluded that the Advisor may reasonably be expected to provide a high quality of services under the Advisory Agreement with respect to the fund.

*<u>Investment performance</u>.In considering the fund's performance, the Board noted that it reviews at its regularly scheduled meetings information about the fund's performance results. In connection with the consideration of the Advisory Agreement, the Board:*

(a) reviewed information prepared by management regarding the fund's performance;

(b) considered the comparative performance of an applicable benchmark index;

(c) considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and

(d) took into account the Advisor's analysis of the fund's performance and its plans and recommendations regarding the Trust's subadvisory arrangements generally.

The Board noted that while it found the data provided by the independent third-party generally useful it recognized its limitations, including in particular that the data may vary depending on the end date selected and the results of the performance comparisons may vary depending on the selection of the peer group. The Board noted that the fund underperformed its benchmark index for the one-, five-, and ten-year periods ended December 31, 2024 and outperformed for the three-year period ended December 31, 2024. The Board also noted that the fund outperformed the peer group median for the three-, five- and ten-year periods ended December 31, 2024 and underperformed for the one-year period ended December 31, 2024. The Board took into account management's discussion of the factors that contributed to the fund's underperformance relative to the benchmark index for the one-, five-, and ten-year periods and peer group median for the one-year period. The Board concluded that the fund's performance is being monitored and reasonably addressed, where appropriate.

*<u>Fees and expenses</u>. The Board reviewed comparative information prepared by an independent third-party provider of fund data, including, among other data, the fund's contractual and net management fees (and subadvisory fees, to the extent available) and total expenses as compared to similarly situated investment companies deemed to be comparable to the fund in light of the nature, extent and quality of the management and advisory and subadvisory services provided by the Advisor and the Subadvisor. The Board considered the fund's ranking within a smaller group of peer funds chosen by the independent third-party provider, as well as the fund's ranking within a broader group of funds. In comparing the fund's contractual and net management fees to those of comparable funds, the Board noted that such fees include both advisory and administrative costs. The Board noted that net management fees and net total expenses for the fund are higher than the peer group median.*

The Board took into account management's discussion of the fund's expenses, including the imposition of a new expense cap in October 2024. The Board also took into account management's discussion with respect to the overall management fee and the fees of the Subadvisor, including the amount of the advisory fee retained by the Advisor after payment of the subadvisory fee, in each case in light of the services rendered for those amounts and the risks undertaken by the Advisor. The Board also noted that the Advisor pays the subadvisory fee, and that such fees are negotiated at arm's length with respect to the Subadvisor. In addition, the Board took into account that management had agreed to implement an overall fee waiver across the complex, including the fund, which is discussed further below. The Board also noted actions taken over the past several years to reduce the fund's operating expenses. The Board also noted that, in addition, the Advisor is currently waiving fees and/or reimbursing expenses with respect to the fund and that the fund has breakpoints in its contractual management

45 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

fee schedule that reduces management fees as assets increase. The Board noted that the fund has a voluntary fee waiver and/or expense reimbursement, which reduces certain expenses of the fund. The Board reviewed information provided by the Advisor concerning the investment advisory fee charged by the Advisor or one of its advisory affiliates to other clients (including other funds in the John Hancock Fund Complex) having similar investment mandates, if any. The Board considered any differences between the Advisor's and Subadvisor's services to the fund and the services they provide to other comparable clients or funds. The Board concluded that the advisory fee paid with respect to the fund is reasonable in light of the nature, extent and quality of the services provided to the fund under the Advisory Agreement.

The Board concluded that the advisory fees to be paid by the New Fund are reasonable in light of the nature, extent and quality of the services expected to be provided to the New Fund under the Advisory Agreement.

*<u>Profitability/Fall out benefits</u>. In considering the costs of the services to be provided and the profits to be realized by the Advisor and its affiliates from the Advisor's relationship with the Trust, the Board:*

(a) reviewed financial information of the Advisor;

(b) reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund;

(c) received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund;

(d) received information with respect to the Advisor's allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an
analysis of the Advisor's allocation methodologies;

(e) considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating
to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are
reflected in the profitability information reviewed by the Board;

(f) considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement;

(g) noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund's distributor also receives Rule 12b-1 payments to support distribution of the fund;

(h) noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund;

(i) noted that the subadvisory fee for the fund is paid by the Advisor and is negotiated at arm's length;

(j) considered the Advisor's ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and

(k) considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including
entrepreneurial, operational, reputational, litigation and regulatory risk.

Based upon its review, the Board concluded that the anticipated level of profitability, if any, of the Advisor and its affiliates from their relationship with the fund is reasonable and not excessive.

\| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 46

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

*<u>Economies of scale</u>. In considering the extent to which economies of scale would be realized as the fund grows and whether fee levels reflect these economies of scale for the benefit of fund shareholders, the Board:*

(a) considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise
reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and
allocated among all the participating portfolios in proportion to the daily net assets of each fund;

(b) reviewed the fund's advisory fee structure and concluded that: (i) the fund's fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the
advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board
also took into account management's discussion of the fund's advisory fee structure; and

(c) the Board also considered the effect of the fund's growth in size on its performance and fees. The Board also noted that if the fund's assets increase over time, the fund may realize other
economies of scale.

#### Approval of Subadvisory Agreement
In making its determination with respect to approval of the Subadvisory Agreement, the Board reviewed:

(1) information relating to the Subadvisor's business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex); and

(2) the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds;

(3) the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third-party provider of fund data; and

(4) information relating to the nature and scope of any material relationships and their significance to the Trust's Advisor and Subadvisor.

(a) *<u>Nature, Extent, and Quality of services</u>. With respect to the services provided by the Subadvisor, the Board received information provided to the Board by the Subadvisor, including the Subadvisor's Form ADV, as well as took into account information presented throughout the past year. The Board considered the Subadvisor's current level of staffing and its overall resources, as well as received information relating to the Subadvisor's compensation program. The Board reviewed the Subadvisor's history and investment experience, as well as information regarding the qualifications, background, and responsibilities of the Subadvisor's investment and compliance personnel who provide services to the fund. The Board also considered, among other things, the Subadvisor's compliance program and any disciplinary history. The Board also considered the Subadvisor's risk assessment and monitoring process. The Board reviewed the Subadvisor's regulatory history, including whether it was involved in any regulatory actions or investigations as well as material litigation, and any settlements and amelioratory actions undertaken, as appropriate. The Board noted that the Advisor conducts regular, periodic reviews of the Subadvisor and its operations, including regarding investment processes and organizational and staffing matters. The Board also noted that the Trust's CCO and his staff conduct regular, periodic compliance reviews with the Subadvisor and present reports to the Independent* 

47 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

Trustees regarding the same, which includes evaluating the regulatory compliance systems of the Subadvisor and procedures reasonably designed to assure compliance with the federal securities laws. The Board also took into account the financial condition of the Subadvisor.

The Board considered the Subadvisor's investment process and philosophy. The Board took into account that the Subadvisor's responsibilities include the development and maintenance of an investment program for the fund that is consistent with the fund's investment objective, the selection of investment securities and the placement of orders for the purchase and sale of such securities, as well as the implementation of compliance controls related to performance of these services. The Board also received information with respect to the Subadvisor's brokerage policies and practices, including with respect to best execution and soft dollars.

*<u>Subadvisor compensation</u>. In considering the cost of services to be provided by the Subadvisor and the profitability to the Subadvisor of its relationship with the fund, the Board noted that the fees under the Subadvisory Agreement are paid by the Advisor and not the fund.*

The Board also relied on the ability of the Advisor to negotiate the Subadvisory Agreement with the Subadvisor, which is not affiliated with the Advisor, and the fees thereunder at arm's length. As a result, the costs of the services to be provided and the profits to be realized by the Subadvisor from its relationship with the Trust were not a material factor in the Board's consideration of the Subadvisory Agreement.

The Board also received information regarding the nature and scope (including their significance to the Advisor and its affiliates and to the Subadvisor) of any material relationships with respect to the Subadvisor, which include arrangements in which the Subadvisor or its affiliates provide advisory, distribution, or management services in connection with financial products sponsored by the Advisor or its affiliates, and may include other registered investment companies, a 529 education savings plan, managed separate accounts and exempt group annuity contracts sold to qualified plans. The Board also received information and took into account any other potential conflicts of interest the Advisor might have in connection with the Subadvisory Agreement.

In addition, the Board considered other potential indirect benefits that the Subadvisor and its affiliates may receive from the Subadvisor's relationship with the fund, such as the opportunity to provide advisory services to additional funds in the John Hancock Fund Complex and reputational benefits.

*<u>Subadvisory fees</u>. The Board considered that the fund pays an advisory fee to the Advisor and that, in turn, the Advisor pays a subadvisory fee to the Subadvisor. As noted above, the Board also considered the fund's subadvisory fees as compared to similarly situated investment companies deemed to be comparable to the fund as included in the report prepared by the independent third-party provider of fund data, to the extent available. The Board noted that the limited size of the Lipper peer group was not sufficient for comparative purposes. The Board also took into account the subadvisory fees paid by the Advisor to the Subadvisor with respect to the fund and compared them to fees charged by the Subadvisor to manage other subadvised portfolios and portfolios not subject to regulation under the 1940 Act, as applicable.*

*<u>Subadvisor performance</u>. As noted above, the Board considered the fund's performance as compared to the fund's peer group and the benchmark index and noted that the Board reviews information about the fund's performance results at its regularly scheduled meetings. The Board noted the Advisor's expertise and resources in monitoring the performance, investment style and risk-adjusted performance of the Subadvisor. The Board was mindful of the Advisor's focus on the Subadvisor's performance. The Board also noted the Subadvisor's long-term performance record for similar accounts, as applicable.*

The Board's decision to approve the Subadvisory Agreement was based on a number of determinations, including the following:

\| JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND 48

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

(1) the Subadvisor has extensive experience and demonstrated skills as a manager, and currently subadvises other Funds in the complex and the Board is generally satisfied with the Subadvisor's management of these
Funds, and may reasonably be expected to provide a high quality of investment management services to the New Fund;

(2) the Subadvisor has extensive experience and demonstrated skills as a manager;

(3) the performance of the fund is being monitored and reasonably addressed, where appropriate;

(4) the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and

(5) noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit
shareholders to benefit from economies of scale if the fund grows.

\*\*\*

Based on the Board's evaluation of all factors that the Board deemed to be material, including those factors described above, the Board, including the Independent Trustees, concluded that renewal of the Advisory Agreement and the Subadvisory Agreement would be in the best interest of the fund and its shareholders. Accordingly, the Board, and the Independent Trustees voting separately, approved the Advisory Agreement and Subadvisory Agreement for an additional one-year period.

49 JOHN HANCOCK DISCIPLINED VALUE GLOBAL LONG/SHORT FUND \|

------

[**Table of Contents**](#JOB_JHF_D_1553c738-2d40-45a1-a391-a9efa9b0c411_TofC)

![](img281e983f3.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC

200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

This report is for the information of the shareholders of John Hancock Disciplined Value Global Long/Short Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.

MF4864510 492SA 9/25

11/25

------

![](img5bede8a71.gif)

![](img76b0a6572.gif)

Semiannual Financial Statements & Other N-CSR Items

## John Hancock

## Diversified Real Assets Fund
Alternative

September 30, 2025

------

John Hancock

Diversified Real Assets Fund

Table of contents

---

| | |
|:---|:---|
| &nbsp;&nbsp;**2** | &nbsp;&nbsp;[Fund's investments](#xx_7febb686-4124-4866-8fec-6954cc019e7c_1) |
| **12** | &nbsp;&nbsp;[Financial statements](#xx_273ff44e-955e-496e-9d20-d66b7f9e9004_1) |
| **15** | &nbsp;&nbsp;[Financial highlights](#xx_958d34a3-8eaf-4b06-80eb-55d5628876f2_1) |
| **16** | &nbsp;&nbsp;[Notes to financial statements](#xx_5703f71e-f7ac-4b29-95c4-bec10ccccf15_1) |
| **24** | &nbsp;&nbsp;[Evaluation of advisory and subadvisory agreements by the Board of Trustees](#xx_6b89ea48-547e-4b4a-adf5-3055bdd31d3f_1) |

---

1 JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND \|

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

Fund's investments

#### AS OF 9-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common stocks 99.3%** |  | &nbsp;&nbsp;**$768299967** |
| (Cost $525,791,906) |  |  |
| **Communication services 0.8%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**6216507** |
| **Diversified telecommunication services 0.7%** |  |  |
| KT Corp. | 26037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938451 |
| NTT, Inc. | 1704025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781252 |
| Singapore Telecommunications, Ltd. | 751858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2403741 |
| **Wireless telecommunication services 0.1%** |  |  |
| SK Telecom Company, Ltd. | 28197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1093063 |
| **Consumer discretionary 1.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**7872037** |
| **Hotels, restaurants and leisure 0.9%** |  |  |
| Accor SA | 21024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998861 |
| Hilton Worldwide Holdings, Inc. | 11393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2955800 |
| Hyatt Hotels Corp., Class A | 9948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1411920 |
| Resorttrust, Inc. | 113029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1433481 |
| **Household durables 0.1%** |  |  |
| Bellway PLC | 23013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762394 |
| Kaufman & Broad SA | 8843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309581 |
| **Consumer staples 0.1%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**724121** |
| **Consumer staples distribution and retail 0.1%** |  |  |
| Tesco PLC | 120814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724121 |
| **Energy 34.5%** |  | &nbsp;&nbsp;**267187687** |
| **Energy equipment and services 2.3%** |  |  |
| Baker Hughes Company | 66142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3222438 |
| Enerflex, Ltd. | 115441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1245074 |
| Halliburton Company | 119535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2940561 |
| Helmerich & Payne, Inc. | 58507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1292420 |
| Noble Corp. PLC | 27782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785675 |
| Patterson-UTI Energy, Inc. | 156018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808173 |
| Schlumberger, Ltd. | 152817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5252320 |
| TechnipFMC PLC | 42348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1670629 |
| Trican Well Service, Ltd. | 147692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654782 |
| **Oil, gas and consumable fuels 32.2%** |  |  |
| Advantage Energy, Ltd. (A) | 180153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1477003 |
| Aker BP ASA | 37546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;952893 |
| Antero Resources Corp. (A) | 63402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2127771 |
| APA Corp. | 10206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247802 |
| ARC Resources, Ltd. | 119828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2185266 |
| Athabasca Oil Corp. (A) | 16681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79827 |
| Birchcliff Energy, Ltd. (B) | 155666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640918 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND 2

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Energy (continued)** |  |  |
| **Oil, gas and consumable fuels (continued)** |  |  |
| BP PLC | 1520475 | $8730035 |
| Cameco Corp. | 94342 | &nbsp;&nbsp;7917759 |
| Canadian Natural Resources, Ltd. | 465194 | 14874709 |
| Cenovus Energy, Inc. | 618876 | 10508040 |
| Cheniere Energy, Inc. | 15636 | &nbsp;&nbsp;3674147 |
| Chevron Corp. | 128990 | 20030857 |
| ConocoPhillips | 102712 | &nbsp;&nbsp;9715528 |
| Core Natural Resources, Inc. | 2656 | &nbsp;&nbsp;&nbsp;&nbsp;221723 |
| Coterra Energy, Inc. | 95717 | &nbsp;&nbsp;2263707 |
| Devon Energy Corp. | 20518 | &nbsp;&nbsp;&nbsp;&nbsp;719361 |
| DHT Holdings, Inc. | 34219 | &nbsp;&nbsp;&nbsp;&nbsp;408917 |
| Diamondback Energy, Inc. | 37270 | &nbsp;&nbsp;5333337 |
| Enbridge, Inc. | 120024 | &nbsp;&nbsp;6056411 |
| Encore Energy Corp. (A) | 71133 | &nbsp;&nbsp;&nbsp;&nbsp;228337 |
| Energy Fuels, Inc. (Toronto Stock Exchange) (A)(B) | 53626 | &nbsp;&nbsp;&nbsp;&nbsp;823444 |
| EOG Resources, Inc. | 49526 | &nbsp;&nbsp;5552855 |
| EQT Corp. | 102476 | &nbsp;&nbsp;5577769 |
| Equinor ASA | 86431 | &nbsp;&nbsp;2107715 |
| Expand Energy Corp. | 22422 | &nbsp;&nbsp;2382113 |
| Exxon Mobil Corp. | 188274 | 21227894 |
| Galp Energia SGPS SA | 142147 | &nbsp;&nbsp;2693657 |
| Gibson Energy, Inc. (B) | 14166 | &nbsp;&nbsp;&nbsp;&nbsp;263329 |
| Imperial Oil, Ltd. | 34299 | &nbsp;&nbsp;3110003 |
| Kelt Exploration, Ltd. (A) | 267920 | &nbsp;&nbsp;1324488 |
| Keyera Corp. | 78051 | &nbsp;&nbsp;2618525 |
| Kinder Morgan, Inc. | 47247 | &nbsp;&nbsp;1337563 |
| Marathon Petroleum Corp. | 40068 | &nbsp;&nbsp;7722706 |
| MEG Energy Corp. | 95923 | &nbsp;&nbsp;1935416 |
| Neste OYJ | 38385 | &nbsp;&nbsp;&nbsp;&nbsp;705278 |
| NexGen Energy, Ltd. (A) | 247493 | &nbsp;&nbsp;2215824 |
| NuVista Energy, Ltd. (A) | 123415 | &nbsp;&nbsp;1425963 |
| Occidental Petroleum Corp. | 76644 | &nbsp;&nbsp;3621429 |
| ONEOK, Inc. | 20185 | &nbsp;&nbsp;1472899 |
| Paladin Energy, Ltd. (Toronto Stock Exchange) (A) | 21040 | &nbsp;&nbsp;&nbsp;&nbsp;113084 |
| Pembina Pipeline Corp. | 83035 | &nbsp;&nbsp;3357318 |
| Permian Resources Corp. | 84109 | &nbsp;&nbsp;1076595 |
| Phillips 66 | 36956 | &nbsp;&nbsp;5026755 |
| PrairieSky Royalty, Ltd. | 44840 | &nbsp;&nbsp;&nbsp;&nbsp;831910 |
| Shell PLC | 534731 | 19058344 |
| South Bow Corp. | 14526 | &nbsp;&nbsp;&nbsp;&nbsp;411032 |
| Suncor Energy, Inc. | 230883 | &nbsp;&nbsp;9662015 |
| Targa Resources Corp. | 25911 | &nbsp;&nbsp;4341129 |
| TC Energy Corp. | 89925 | &nbsp;&nbsp;4889434 |

---

3 JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Energy (continued)** |  |  |
| **Oil, gas and consumable fuels (continued)** |  |  |
| The Williams Companies, Inc. | 155014 | $9820137 |
| Topaz Energy Corp. | 54551 | &nbsp;&nbsp;&nbsp;1012468 |
| TotalEnergies SE | 171722 | 10459374 |
| Tourmaline Oil Corp. | 53591 | &nbsp;&nbsp;&nbsp;2311225 |
| Uranium Royalty Corp. (A)(B) | 71032 | &nbsp;&nbsp;&nbsp;&nbsp;305438 |
| Valero Energy Corp. | 49358 | &nbsp;&nbsp;&nbsp;8403693 |
| Var Energi ASA | 377932 | &nbsp;&nbsp;&nbsp;1261724 |
| Woodside Energy Group, Ltd., ADR | 7231 | &nbsp;&nbsp;&nbsp;&nbsp;108827 |
| Yellow Cake PLC (A)(C) | 45570 | &nbsp;&nbsp;&nbsp;&nbsp;351895 |
| **Financials 1.1%** |  | &nbsp;&nbsp;**8549583** |
| **Capital markets 0.8%** |  |  |
| Brookfield Corp. | 95523 | &nbsp;&nbsp;&nbsp;6554208 |
| **Financial services 0.3%** |  |  |
| Berkshire Hathaway, Inc., Class B (A) | 3969 | &nbsp;&nbsp;&nbsp;1995375 |
| **Health care 0.6%** |  | &nbsp;&nbsp;**4586016** |
| **Health care providers and services 0.6%** |  |  |
| Brookdale Senior Living, Inc. (A) | 437545 | &nbsp;&nbsp;&nbsp;3706006 |
| Clariane SE (A) | 157353 | &nbsp;&nbsp;&nbsp;&nbsp;880010 |
| **Industrials 2.2%** |  | **16818290** |
| **Construction and engineering 0.5%** |  |  |
| Kajima Corp. | 41800 | &nbsp;&nbsp;&nbsp;1218254 |
| Vinci SA | 18712 | &nbsp;&nbsp;&nbsp;2600450 |
| **Electrical equipment 0.5%** |  |  |
| Array Technologies, Inc. (A) | 80472 | &nbsp;&nbsp;&nbsp;&nbsp;655847 |
| Emerson Electric Company | 4152 | &nbsp;&nbsp;&nbsp;&nbsp;544659 |
| Schneider Electric SE | 925 | &nbsp;&nbsp;&nbsp;&nbsp;260362 |
| Sunrun, Inc. (A) | 37872 | &nbsp;&nbsp;&nbsp;&nbsp;654807 |
| Vestas Wind Systems A/S | 78142 | &nbsp;&nbsp;&nbsp;1486512 |
| **Ground transportation 0.2%** |  |  |
| Canadian National Railway Company | 14549 | &nbsp;&nbsp;&nbsp;1371999 |
| **Industrial conglomerates 0.7%** |  |  |
| CK Hutchison Holdings, Ltd. | 318034 | &nbsp;&nbsp;&nbsp;2089477 |
| Jardine Matheson Holdings, Ltd. | 26668 | &nbsp;&nbsp;&nbsp;1682942 |
| Keppel, Ltd. | 305051 | &nbsp;&nbsp;&nbsp;2111488 |
| **Transportation infrastructure 0.3%** |  |  |
| Aena SME SA (C) | 78330 | &nbsp;&nbsp;&nbsp;2141493 |
| **Information technology 1.0%** |  | &nbsp;&nbsp;**8082149** |
| **IT services 0.3%** |  |  |
| GDS Holdings, Ltd., ADR (A) | 8399 | &nbsp;&nbsp;&nbsp;&nbsp;325041 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND 4

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Information technology (continued)** |  |  |
| **IT services (continued)** |  |  |
| NEXTDC, Ltd. (A) | 127512 | &nbsp;&nbsp;&nbsp;$1430520 |
| SUNeVision Holdings, Ltd. | 402969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355577 |
| **Semiconductors and semiconductor equipment 0.7%** |  |  |
| AIXTRON SE | 24563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428456 |
| Enphase Energy, Inc. (A) | 27503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973331 |
| First Solar, Inc. (A) | 4278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943427 |
| ON Semiconductor Corp. (A) | 35686 | &nbsp;&nbsp;&nbsp;&nbsp;1759677 |
| Power Integrations, Inc. | 34668 | &nbsp;&nbsp;&nbsp;&nbsp;1394000 |
| SolarEdge Technologies, Inc. (A)(B) | 12760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472120 |
| **Materials 18.0%** |  | **138933138** |
| **Chemicals 0.4%** |  |  |
| Albemarle Corp. | 3862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313131 |
| BASF SE, ADR | 37177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463225 |
| Dow, Inc. | 18152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416225 |
| DuPont de Nemours, Inc. | 11176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870610 |
| NanoXplore, Inc. (A)(B) | 101626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209576 |
| Nutrien, Ltd. | 11599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681171 |
| **Containers and packaging 0.1%** |  |  |
| Smurfit WestRock PLC | 14776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624448 |
| **Metals and mining 17.3%** |  |  |
| Agnico Eagle Mines, Ltd. | 75731 | &nbsp;&nbsp;&nbsp;12755153 |
| Alamos Gold, Inc., Class A | 97144 | &nbsp;&nbsp;&nbsp;&nbsp;3386114 |
| Alcoa Corp. | 42009 | &nbsp;&nbsp;&nbsp;&nbsp;1381676 |
| Almonty Industries, Inc. (A) | 48571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292883 |
| Altius Minerals Corp. | 18602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447373 |
| Anglo American PLC | 33491 | &nbsp;&nbsp;&nbsp;&nbsp;1262855 |
| AngloGold Ashanti PLC | 30791 | &nbsp;&nbsp;&nbsp;&nbsp;2165531 |
| Artemis Gold, Inc. (A) | 77830 | &nbsp;&nbsp;&nbsp;&nbsp;2040682 |
| Aya Gold & Silver, Inc. (A)(B) | 61266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708761 |
| B2Gold Corp. | 201200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994651 |
| Barrick Mining Corp. (Toronto Stock Exchange) | 241579 | &nbsp;&nbsp;&nbsp;&nbsp;7934595 |
| BHP Group, Ltd., ADR (B) | 104422 | &nbsp;&nbsp;&nbsp;&nbsp;5821527 |
| Boliden AB (A) | 11655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475738 |
| Canada Nickel Company, Inc. (A)(B) | 518000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379651 |
| Capstone Copper Corp. (A) | 316586 | &nbsp;&nbsp;&nbsp;&nbsp;2688831 |
| Champion Iron, Ltd. (B) | 290806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888069 |
| Coeur Mining, Inc. (A) | 112945 | &nbsp;&nbsp;&nbsp;&nbsp;2118848 |
| Constellium SE (A) | 55693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828712 |
| Discovery Silver Corp. (A) | 184962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687319 |
| Discovery Silver Corp. (Toronto Stock Exchange) (A) | 40067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148556 |
| Elevra Lithium, Ltd. (A)(B) | 11207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269080 |
| Endeavour Mining PLC | 45371 | &nbsp;&nbsp;&nbsp;&nbsp;1905862 |

---

5 JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Materials (continued)** |  |  |
| **Metals and mining (continued)** |  |  |
| Equinox Gold Corp. (A) | 170031 | $1904709 |
| ERO Copper Corp. (A)(B) | 63889 | &nbsp;&nbsp;1294123 |
| First Quantum Minerals, Ltd. (A) | 144613 | &nbsp;&nbsp;3271120 |
| Foran Mining Corp. (A)(B) | 323632 | &nbsp;&nbsp;&nbsp;&nbsp;904598 |
| Franco-Nevada Corp. | 10284 | &nbsp;&nbsp;2289053 |
| Freeport-McMoRan, Inc. | 197795 | &nbsp;&nbsp;7757520 |
| G Mining Ventures Corp. (A) | 24750 | &nbsp;&nbsp;&nbsp;&nbsp;491728 |
| Glencore PLC (A) | 125196 | &nbsp;&nbsp;&nbsp;&nbsp;576606 |
| Gold Fields, Ltd., ADR | 17634 | &nbsp;&nbsp;&nbsp;&nbsp;739923 |
| Hudbay Minerals, Inc. | 190645 | &nbsp;&nbsp;2887689 |
| IAMGOLD Corp. (A) | 91574 | &nbsp;&nbsp;1183086 |
| IGO, Ltd. (A) | 79622 | &nbsp;&nbsp;&nbsp;&nbsp;273388 |
| Iluka Resources, Ltd. | 70275 | &nbsp;&nbsp;&nbsp;&nbsp;294615 |
| Ivanhoe Electric, Inc. (A) | 41367 | &nbsp;&nbsp;&nbsp;&nbsp;519156 |
| Ivanhoe Mines, Ltd., Class A (A)(B) | 208003 | &nbsp;&nbsp;2206024 |
| K92 Mining, Inc. (A) | 99600 | &nbsp;&nbsp;1203759 |
| Kinross Gold Corp. | 237267 | &nbsp;&nbsp;5888627 |
| Latin Resources, Ltd. (A)(D) | 34500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Lithium Americas Corp. (A)(B) | 67772 | &nbsp;&nbsp;&nbsp;&nbsp;387143 |
| Lithium Argentina AG (A)(B) | 40277 | &nbsp;&nbsp;&nbsp;&nbsp;134286 |
| Lucara Diamond Corp. (A)(B) | 417070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59937 |
| Lundin Gold, Inc. | 26559 | &nbsp;&nbsp;1720791 |
| Lundin Mining Corp. | 148084 | &nbsp;&nbsp;2208970 |
| Montage Gold Corp. (A) | 301483 | &nbsp;&nbsp;1466580 |
| Newmont Corp. | 78541 | &nbsp;&nbsp;6621792 |
| Nickel 28 Capital Corp. (A)(B) | 346191 | &nbsp;&nbsp;&nbsp;&nbsp;176615 |
| Norsk Hydro ASA | 169890 | &nbsp;&nbsp;1155102 |
| Nouveau Monde Graphite, Inc. (A) | 71823 | &nbsp;&nbsp;&nbsp;&nbsp;203977 |
| Nucor Corp. | 3631 | &nbsp;&nbsp;&nbsp;&nbsp;491746 |
| OceanaGold Corp. | 81523 | &nbsp;&nbsp;1740352 |
| Orla Mining, Ltd. (A) | 99536 | &nbsp;&nbsp;1073533 |
| Pan American Silver Corp. | 96495 | &nbsp;&nbsp;3739294 |
| Pan American Silver Corp., CVR (A) | 83300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29147 |
| Perpetua Resources Corp. (A) | 65479 | &nbsp;&nbsp;1324640 |
| Pilbara Minerals, Ltd. (A)(B) | 105078 | &nbsp;&nbsp;&nbsp;&nbsp;175442 |
| Probe Gold, Inc. (A) | 395208 | &nbsp;&nbsp;&nbsp;&nbsp;854765 |
| Rio Tinto PLC, ADR | 50632 | &nbsp;&nbsp;3342218 |
| Sandstorm Gold, Ltd. | 13579 | &nbsp;&nbsp;&nbsp;&nbsp;169969 |
| Seabridge Gold, Inc. (A)(B) | 15784 | &nbsp;&nbsp;&nbsp;&nbsp;381184 |
| Sigma Lithium Corp. (A) | 31187 | &nbsp;&nbsp;&nbsp;&nbsp;197202 |
| Skeena Resources, Ltd. (A) | 94779 | &nbsp;&nbsp;1745481 |
| Snowline Gold Corp. (A) | 35000 | &nbsp;&nbsp;&nbsp;&nbsp;279155 |
| SolGold PLC (A) | 1780000 | &nbsp;&nbsp;&nbsp;&nbsp;360729 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND 6

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Materials (continued)** |  |  |
| **Metals and mining (continued)** |  |  |
| Southern Copper Corp. | 3221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$390901 |
| Steel Dynamics, Inc. | 3184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443945 |
| Stornoway Diamond Corp. (A)(D) | 3062000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Talon Metals Corp. (A)(B) | 5475000 | &nbsp;&nbsp;&nbsp;&nbsp;1730977 |
| Teck Resources, Ltd., Class B | 98542 | &nbsp;&nbsp;&nbsp;&nbsp;4322763 |
| Torex Gold Resources, Inc. (A) | 25264 | &nbsp;&nbsp;&nbsp;&nbsp;1049989 |
| Trilogy Metals, Inc. (A)(B) | 404099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859476 |
| Triple Flag Precious Metals Corp. (A) | 31570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923738 |
| Vale SA, ADR | 57325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622550 |
| Valterra Platinum, Ltd. (London Stock Exchange) | 6136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437995 |
| Vizsla Silver Corp. (A)(B) | 43416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187557 |
| Vizsla Silver Corp. (Toronto Stock Exchange) (A) | 236730 | &nbsp;&nbsp;&nbsp;&nbsp;1022309 |
| Warrior Met Coal, Inc. | 8162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519430 |
| Wesdome Gold Mines, Ltd. (A) | 38126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593930 |
| Westgold Resources, Ltd. (Toronto Stock Exchange) | 349144 | &nbsp;&nbsp;&nbsp;&nbsp;1018556 |
| Wheaton Precious Metals Corp. | 59719 | &nbsp;&nbsp;&nbsp;&nbsp;6682932 |
| **Paper and forest products 0.2%** |  |  |
| Canfor Corp. (A) | 13878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122157 |
| Interfor Corp. (A) | 42350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308869 |
| West Fraser Timber Company, Ltd. (B) | 11892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808437 |
| **Real estate 33.5%** |  | **259326813** |
| **Diversified REITs 2.9%** |  |  |
| CapitaLand Integrated Commercial Trust | 1594208 | &nbsp;&nbsp;&nbsp;&nbsp;2831225 |
| Carmila SA (A) | 2295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47452 |
| Charter Hall Group | 183550 | &nbsp;&nbsp;&nbsp;&nbsp;2758814 |
| Essential Properties Realty Trust, Inc. | 127278 | &nbsp;&nbsp;&nbsp;&nbsp;3787793 |
| Stockland | 850352 | &nbsp;&nbsp;&nbsp;&nbsp;3439003 |
| United Urban Investment Corp. | 884 | &nbsp;&nbsp;&nbsp;&nbsp;1072917 |
| WP Carey, Inc. | 124997 | &nbsp;&nbsp;&nbsp;&nbsp;8446047 |
| **Health care REITs 5.7%** |  |  |
| Aedifica SA | 16628 | &nbsp;&nbsp;&nbsp;&nbsp;1234497 |
| American Healthcare REIT, Inc. | 161219 | &nbsp;&nbsp;&nbsp;&nbsp;6772810 |
| CareTrust REIT, Inc. | 157843 | &nbsp;&nbsp;&nbsp;&nbsp;5473995 |
| Target Healthcare REIT PLC | 468112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610757 |
| Ventas, Inc. | 53689 | &nbsp;&nbsp;&nbsp;&nbsp;3757693 |
| Welltower, Inc. | 148612 | &nbsp;&nbsp;&nbsp;26473739 |
| **Hotel and resort REITs 0.4%** |  |  |
| Xenia Hotels & Resorts, Inc. | 217831 | &nbsp;&nbsp;&nbsp;&nbsp;2988641 |
| **Industrial REITs 3.7%** |  |  |
| EastGroup Properties, Inc. | 23491 | &nbsp;&nbsp;&nbsp;&nbsp;3976087 |
| Goodman Group | 101293 | &nbsp;&nbsp;&nbsp;&nbsp;2195119 |

---

7 JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Real estate (continued)** |  |  |
| **Industrial REITs (continued)** |  |  |
| Prologis, Inc. | 197404 | $22606706 |
| **Office REITs 2.2%** |  |  |
| COPT Defense Properties | 71585 | &nbsp;&nbsp;&nbsp;2080260 |
| Japan Real Estate Investment Corp. | 2272 | &nbsp;&nbsp;&nbsp;1913277 |
| JBG SMITH Properties | 70840 | &nbsp;&nbsp;&nbsp;1576190 |
| Kilroy Realty Corp. | 98660 | &nbsp;&nbsp;&nbsp;4168385 |
| Orix JREIT, Inc. | 1902 | &nbsp;&nbsp;&nbsp;1289627 |
| Paramount Group, Inc. (A) | 328421 | &nbsp;&nbsp;&nbsp;2147873 |
| SL Green Realty Corp. | 55236 | &nbsp;&nbsp;&nbsp;3303665 |
| **Real estate management and development 4.0%** |  |  |
| Aldar Properties PJSC | 770920 | &nbsp;&nbsp;&nbsp;1991340 |
| Arealink Company, Ltd. | 99400 | &nbsp;&nbsp;&nbsp;1497868 |
| CBRE Group, Inc., Class A (A) | 7079 | &nbsp;&nbsp;&nbsp;1115367 |
| Cibus Nordic Real Estate AB | 78067 | &nbsp;&nbsp;&nbsp;1406348 |
| CTP NV (C) | 55625 | &nbsp;&nbsp;&nbsp;1241333 |
| Emaar Properties PJSC | 472134 | &nbsp;&nbsp;&nbsp;1678560 |
| Hongkong Land Holdings, Ltd. | 377945 | &nbsp;&nbsp;&nbsp;2392468 |
| Jones Lang LaSalle, Inc. (A) | 3795 | &nbsp;&nbsp;&nbsp;1131973 |
| Katitas Company, Ltd. | 47100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892086 |
| Mitsubishi Estate Company, Ltd. | 133400 | &nbsp;&nbsp;&nbsp;3066043 |
| Mitsui Fudosan Company, Ltd. | 295919 | &nbsp;&nbsp;&nbsp;3221406 |
| PSP Swiss Property AG | 3700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636590 |
| StorageVault Canada, Inc. | 195212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725189 |
| Sumitomo Realty & Development Company, Ltd. | 65200 | &nbsp;&nbsp;&nbsp;2875932 |
| Swire Properties, Ltd. | 504596 | &nbsp;&nbsp;&nbsp;1436141 |
| Swiss Prime Site AG | 15997 | &nbsp;&nbsp;&nbsp;2241001 |
| TAG Immobilien AG | 162578 | &nbsp;&nbsp;&nbsp;2812685 |
| VGP NV | 6250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701021 |
| **Residential REITs 3.1%** |  |  |
| American Homes 4 Rent, Class A | 49280 | &nbsp;&nbsp;&nbsp;1638560 |
| AvalonBay Communities, Inc. | 36384 | &nbsp;&nbsp;&nbsp;7028297 |
| Essex Property Trust, Inc. | 40140 | &nbsp;&nbsp;10743872 |
| Mid-America Apartment Communities, Inc. | 33214 | &nbsp;&nbsp;&nbsp;4640992 |
| **Retail REITs 5.6%** |  |  |
| Brixmor Property Group, Inc. | 155455 | &nbsp;&nbsp;&nbsp;4302994 |
| Fortune Real Estate Investment Trust | 1801000 | &nbsp;&nbsp;&nbsp;1168352 |
| Hammerson PLC | 464093 | &nbsp;&nbsp;&nbsp;1818060 |
| Klepierre SA | 65931 | &nbsp;&nbsp;&nbsp;2573946 |
| Realty Income Corp. | 53613 | &nbsp;&nbsp;&nbsp;3259134 |
| Regency Centers Corp. | 60393 | &nbsp;&nbsp;&nbsp;4402650 |
| Scentre Group | 1252430 | &nbsp;&nbsp;&nbsp;3378273 |
| Shaftesbury Capital PLC | 312619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597969 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND 8

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Real estate (continued)** |  |  |
| **Retail REITs (continued)** |  |  |
| Simon Property Group, Inc. | 75980 | $14259167 |
| Tanger, Inc. | 95678 | &nbsp;&nbsp;&nbsp;3237744 |
| Urban Edge Properties | 215723 | &nbsp;&nbsp;&nbsp;4415850 |
| **Specialized REITs 5.9%** |  |  |
| American Tower Corp. | 15001 | &nbsp;&nbsp;&nbsp;2884992 |
| Digital Realty Trust, Inc. | 66722 | &nbsp;&nbsp;11534899 |
| EPR Properties | 27105 | &nbsp;&nbsp;&nbsp;1572361 |
| Equinix, Inc. | 15586 | &nbsp;&nbsp;12207579 |
| Millrose Properties, Inc., Class A | 108426 | &nbsp;&nbsp;&nbsp;3644198 |
| Public Storage | 29614 | &nbsp;&nbsp;&nbsp;8554004 |
| Smartstop Self Storage REIT, Inc. | 144713 | &nbsp;&nbsp;&nbsp;5446997 |
| **Utilities 6.5%** |  | **50003626** |
| **Electric utilities 2.3%** |  |  |
| American Electric Power Company, Inc. | 20902 | &nbsp;&nbsp;&nbsp;2351475 |
| Duke Energy Corp. | 14461 | &nbsp;&nbsp;&nbsp;1789549 |
| EDP SA | 188945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896729 |
| Enel SpA | 237915 | &nbsp;&nbsp;&nbsp;2254616 |
| Exelon Corp. | 42462 | &nbsp;&nbsp;&nbsp;1911215 |
| Iberdrola SA | 35035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663191 |
| NextEra Energy, Inc. | 30942 | &nbsp;&nbsp;&nbsp;2335812 |
| PPL Corp. | 51562 | &nbsp;&nbsp;&nbsp;1916044 |
| SSE PLC | 70331 | &nbsp;&nbsp;&nbsp;1649662 |
| The Kansai Electric Power Company, Inc. | 140224 | &nbsp;&nbsp;&nbsp;2005741 |
| **Gas utilities 1.3%** |  |  |
| Atmos Energy Corp. | 14938 | &nbsp;&nbsp;&nbsp;2550664 |
| ENN Energy Holdings, Ltd. | 255546 | &nbsp;&nbsp;&nbsp;2107185 |
| Italgas SpA | 136070 | &nbsp;&nbsp;&nbsp;1253453 |
| ONE Gas, Inc. | 18759 | &nbsp;&nbsp;&nbsp;1518353 |
| Osaka Gas Company, Ltd. | 81940 | &nbsp;&nbsp;&nbsp;2373283 |
| **Independent power and renewable electricity producers 0.5%** |  |  |
| Brookfield Renewable Corp. (B) | 22065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759477 |
| Brookfield Renewable Partners LP | 60886 | &nbsp;&nbsp;&nbsp;1570250 |
| Orsted A/S (A)(B)(C) | 9224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160448 |
| RWE AG | 20128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895269 |
| TransAlta Corp. | 40742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556518 |
| **Multi-utilities 2.0%** |  |  |
| Dominion Energy, Inc. | 39622 | &nbsp;&nbsp;&nbsp;2423678 |
| E.ON SE | 158532 | &nbsp;&nbsp;&nbsp;2986033 |
| Engie SA | 118105 | &nbsp;&nbsp;&nbsp;2538853 |
| National Grid PLC | 168658 | &nbsp;&nbsp;&nbsp;2423390 |
| Sempra | 31374 | &nbsp;&nbsp;&nbsp;2823033 |

---

9 JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Utilities (continued)** |  |  |
| **Multi-utilities (continued)** |  |  |
| WEC Energy Group, Inc. | 21218 | $2431371 |
| **Water utilities 0.4%** |  |  |
| Cia de Saneamento Basico do Estado de Sao Paulo | 115100 | &nbsp;&nbsp;2858334 |
| **Rights 0.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**$80389** |
| (Cost $98,911) |  |  |
| Orsted A/S (Expiration Date: 10-2-25; Strike Price: DKK 66.60) (A)(B) | 80745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80389 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | **Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 1.9%** |  |  | &nbsp;&nbsp;**$14894754** |
| (Cost $14,893,193) |  |  |  |
| **Short-term funds 1.5%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**11694754** |
| John Hancock Collateral Trust (E) | 4.0668(F) | 1169078 | &nbsp;&nbsp;&nbsp;11694754 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Repurchase agreement 0.4%** |  | &nbsp;&nbsp;**3200000** |
| Bank of America Corp. Tri-Party Repurchase Agreement dated 9-30-25 at 4.210% to be repurchased at $1,400,164 on 10-1-25, collateralized by $1,276,230 Federal Home Loan Mortgage Corp., 2.500% - 7.000% due 8-1-37 to 9-1-54 (valued at $1,235,490) and $214,320 Federal National Mortgage Association, 1.500% - 4.500% due 4-1-37 to 6-1-52 (valued at $192,511) | 1400000 | &nbsp;&nbsp;&nbsp;1400000 |
| Goldman Sachs Tri-Party Repurchase Agreement dated 9-30-25 at 4.210% to be repurchased at $1,800,211 on 10-1-25, collateralized by $580,858 Federal Home Loan Mortgage Corp., 5.500% due 4-1-54 (valued at $598,109) and $1,315,536 Government National Mortgage Association, 2.980% - 6.500% due 8-15-40 to 6-20-65 (valued at $1,237,892) | 1800000 | &nbsp;&nbsp;&nbsp;1800000 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Total investments (Cost $540,784,010) 101.2%** | **$783275110** |
| **Other assets and liabilities, net (1.2%)** | &nbsp;&nbsp;&nbsp;&nbsp;**(9169936)** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$774105174** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | ^All par values are denominated in U.S. dollars unless otherwise indicated. |
| **Currency Abbreviations** | **Currency Abbreviations** |
| DKK | Danish Krone |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| ADR | American Depositary Receipt |
| CVR | Contingent Value Right |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. |
| (C) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND 10

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

(D) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements.

(E) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

(F) The rate shown is the annualized seven-day yield as of 9-30-25.

At 9-30-25, the aggregate cost of investments for federal income tax purposes was $569,932,552. Net unrealized appreciation aggregated to $213,342,558, of which $225,841,015 related to gross unrealized appreciation and $12,498,457 related to gross unrealized depreciation.

The fund had the following country composition as a percentage of net assets on 9-30-25:

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;&nbsp;&nbsp;52.8% |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;23.8% |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;6.1% |
| Japan | &nbsp;&nbsp;&nbsp;&nbsp;3.2% |
| Australia | &nbsp;&nbsp;&nbsp;&nbsp;2.9% |
| France | &nbsp;&nbsp;&nbsp;&nbsp;2.8% |
| Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;1.2% |
| Germany | &nbsp;&nbsp;&nbsp;&nbsp;1.0% |
| Other countries | &nbsp;&nbsp;&nbsp;&nbsp;6.2% |
| **TOTAL** | **100.0%** |

---

11 JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

Financial statements

#### STATEMENT OF ASSETS AND LIABILITIES 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Assets** |  |
| Unaffiliated investments, at value (Cost $529,090,817) including $11,142,231 of securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;$771580356 |
| Affiliated investments, at value (Cost $11,693,193) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11694754 |
| **Total investments, at value (Cost $540,784,010)** | &nbsp;&nbsp;&nbsp;&nbsp;**783275110** |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79712 |
| Foreign currency, at value (Cost $224,136) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224265 |
| Dividends and interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2011195 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3194817 |
| Receivable for securities lending income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22808 |
| Other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52493 |
| **Total assets** | &nbsp;&nbsp;&nbsp;&nbsp;**788860400** |
| **Liabilities** |  |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2307446 |
| Payable for fund shares repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573481 |
| Payable upon return of securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11696741 |
| Payable to affiliates |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354 |
| Other liabilities and accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157568 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14755226** |
| **Net assets** | &nbsp;&nbsp;**$774105174** |
| **Net assets consist of** |  |
| Paid-in capital | &nbsp;&nbsp;&nbsp;&nbsp;$465691615 |
| Total distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308413559 |
| **Net assets** | &nbsp;&nbsp;**$774105174** |
| **Net asset value per share** |  |
| Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value |  |
| Class NAV ($774,105,174 ÷ 57,613,066 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.44 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Diversified Real Assets Fund 12

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

#### STATEMENT OF OPERATIONS For the six months ended 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Investment income** |  |
| Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13710159 |
| Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94813 |
| Securities lending | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127835 |
| Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(723792) |
| **Total investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13209015** |
| **Expenses** |  |
| Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3403072 |
| Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78875 |
| Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11021 |
| Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157396 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12818 |
| Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54531 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27635 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3745348** |
| Less expense reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(234294) |
| **Net expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3511054** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9697961** |
| **Realized and unrealized gain (loss)** |  |
| **Net realized gain (loss) on** |  |
| Unaffiliated investments and foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54306105 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1601) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**54304504** |
| **Change in net unrealized appreciation (depreciation) of** |  |
| Unaffiliated investments and translation of assets and liabilities in foreign currencies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39821602 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1614 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**39823216** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**94127720** |
| **Increase in net assets from operations** | &nbsp;&nbsp;**$103825681** |

---

13 JOHN HANCOCK Diversified Real Assets Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

#### STATEMENTS OF CHANGES IN NET ASSETS

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended<br> 9-30-25<br> (unaudited)** | &nbsp;&nbsp;**Year ended<br> 3-31-25** |
| **Increase (decrease) in net assets** |  |  |
| **From operations** |  |  |
| Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9697961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19691968 |
| Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54304504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81984749 |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39823216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62023915) |
| **Increase in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;**103825681** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**39652802** |
| **Distributions to shareholders** |  |  |
| From earnings |  |  |
| Class NAV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54116668) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;**(54116668)** |
| **From fund share transactions** | &nbsp;&nbsp;&nbsp;**(159874067)** | &nbsp;&nbsp;&nbsp;**(246208231)** |
| **Total decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(56048386)** | &nbsp;&nbsp;&nbsp;**(260672097)** |
| **Net assets** |  |  |
| Beginning of period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830153560 | &nbsp;&nbsp;&nbsp;1090825657 |
| **End of period** | &nbsp;&nbsp;**$774105174** | &nbsp;&nbsp;**$830153560** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Diversified Real Assets Fund 14

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

Financial highlights

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **CLASS NAV SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**3-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-21** |
| **Per share operating performance** |  |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.80** | &nbsp;&nbsp;&nbsp;&nbsp;**$12.05** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.19** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.28** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.10** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.61** |
| Net investment income<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.73) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.54 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.64** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.45** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.14** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.42)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.48** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.72** |
| **Less distributions** |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.70)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.28)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.67)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.30)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.23)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;**$13.44** | &nbsp;&nbsp;&nbsp;&nbsp;**$11.80** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.05** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.19** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.28** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.10** |
| **Total return (%)<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.90<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.12** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.30** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(10.55)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34.95** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**56.64** |
| **Ratios and supplemental data** |  |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$963 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94<sup>5</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88<sup>5</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.42<sup>5</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.07 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> Based on average daily shares outstanding.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Not annualized.

<sup>5</sup> Annualized.

15 JOHN HANCOCK Diversified Real Assets Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

Notes to financial statements (unaudited)

#### Note 1 — Organization
John Hancock Diversified Real Assets Fund (the fund) is a series of John Hancock Investment Trust (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the fund is to seek a long-term total return in excess of inflation.

The fund may offer multiple classes of shares. The shares currently outstanding are detailed in the Statement of assets and liabilities. Class NAV shares are offered to John Hancock affiliated funds of funds, retirement plans for employees of John Hancock and/or Manulife Financial Corporation, and certain 529 plans. Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, if any, and transfer agent fees for each class may differ.

#### Note 2 — Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The fund qualifies as an investment company under Topic 946 of Accounting Standards Codification of US GAAP.

Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the fund:

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund's valuation designee.**

In order to value the securities, the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee,

\| JOHN HANCOCK Diversified Real Assets Fund 16

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.

The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the fund's investments as of September 30, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| **Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6216507** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6216507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7872037** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4367720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3504317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**724121** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**267187687** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220866772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46320915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8549583** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8549583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4586016** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3706006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16818290** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3227312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13590978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8082149** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5867596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2214553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**138933138** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133296220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5636918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**259326813** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204306703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55020110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**50003626** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27795773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22207853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Rights** | **80389** | 80389 |  |  |
| **Short-term investments** | **14894754** | 11694754 | 3200000 |  |
| **Total investments in securities** | **$783275110** | **$623758828** | **$159516282** | **—** |
| *Level 3 includes securities valued at $0. Refer to Fund's investments.* | *Level 3 includes securities valued at $0. Refer to Fund's investments.* | *Level 3 includes securities valued at $0. Refer to Fund's investments.* | *Level 3 includes securities valued at $0. Refer to Fund's investments.* | *Level 3 includes securities valued at $0. Refer to Fund's investments.* |

---

**Repurchase agreements. The fund may enter into repurchase agreements. When the fund enters into a repurchase agreement, it receives collateral that is held in a segregated account by the fund's custodian, or for tri-party repurchase agreements, collateral is held at a third-party custodian bank in a segregated account for the benefit of the fund. The collateral amount is marked-to-market and monitored on a daily basis to ensure that the collateral held is in an amount not less than the principal amount of the repurchase agreement plus any accrued interest. Collateral received by the fund for repurchase agreements is disclosed in the Fund's investments as part of the caption related to the repurchase agreement.**

17 JOHN HANCOCK Diversified Real Assets Fund \|

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

Repurchase agreements are typically governed by the terms and conditions of the Master Repurchase Agreement and/or Global Master Repurchase Agreement (collectively, MRA). Upon an event of default, the non-defaulting party may close out all transactions traded under the MRA and net amounts owed. Absent an event of default, assets and liabilities resulting from repurchase agreements are not offset in the Statement of assets and liabilities. In the event of a default by the counterparty, realization of the collateral proceeds could be delayed, during which time the collateral value may decline or the counterparty may have insufficient assets to pay claims resulting from close-out of the transactions.

**Real estate investment trusts. The fund may invest in real estate investment trusts (REITs). Distributions from REITs may be recorded as income and subsequently characterized by the REIT at the end of their fiscal year as a reduction of cost of investments and/or as a realized gain. As a result, the fund will estimate the components of distributions from these securities. Such estimates are revised when the actual components of the distributions are known.**

**Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Interest income includes coupon interest and amortization/accretion of premiums/discounts on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivable when the collection of all or a portion of interest has become doubtful. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.**

**Securities lending. The fund may lend its securities to earn additional income. The fund receives collateral from the borrower in an amount not less than the market value of the loaned securities. The fund may invest its cash collateral in JHCT, an affiliate of the fund, which has a floating NAV and is registered with the Securities and Exchange Commission (SEC) as an investment company. JHCT is a government money market fund and invests in U.S. Government securities and/or repurchase agreements. The fund will receive the benefit of any gains and bear any losses generated by JHCT with respect to the cash collateral.** 

The fund has the right to recall loaned securities on demand. If a borrower fails to return loaned securities when due, then the lending agent is responsible and indemnifies the fund for the lent securities. The lending agent uses the collateral received from the borrower to purchase replacement securities of the same issue, type, class and series of the loaned securities. If the value of the collateral is less than the purchase cost of replacement securities, the lending agent is responsible for satisfying the shortfall but only to the extent that the shortfall is not due to any decrease in the value of JHCT.

Although the risk of loss on securities lent is mitigated by receiving collateral from the borrower and through lending agent indemnification, the fund could experience a delay in recovering securities or could experience a lower than expected return if the borrower fails to return the securities on a timely basis. During the existence of the loan, the fund will receive from the borrower amounts equivalent to any dividends, interest or other distributions on the loaned securities, as well as interest on such amounts. The fund receives compensation for lending its securities by retaining a portion of the return on the investment of the collateral and compensation from fees earned from borrowers of the securities. Securities lending income received by the fund is net of fees retained by the securities lending agent. Net income received from JHCT is a component of securities lending income as recorded on the Statement of operations.

Obligations to repay collateral received by the fund are shown on the Statement of assets and liabilities as Payable upon return of securities loaned and are secured by the loaned securities. As of September 30, 2025, the fund loaned securities valued at $11,142,231 and received $11,696,741 of cash collateral.

\| JOHN HANCOCK Diversified Real Assets Fund 18

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

**Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.**

Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.

**Foreign taxes. The fund may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the fund as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.**

**Overdraft. The fund may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the fund's custodian agreement, the custodian may loan money to the fund to make properly authorized payments. The fund is obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law.**

**Line of credit. The fund and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 13, 2026 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, the fund can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement. A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund based on an asset-based allocation and is reflected in Other expenses on the Statement of operations. Commitment fees for the six months ended September 30, 2025 were $2,132.**

**Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund's relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.**

**Federal income taxes. The fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.**

As of March 31, 2025, the fund had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The fund's federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.

**Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The fund generally declares and pays dividends annually. Capital gain distributions, if any, are typically distributed annually.**

19 JOHN HANCOCK Diversified Real Assets Fund \|

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

Such distributions, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the fund's financial statements as a return of capital. The final determination of tax characteristics of the fund's distribution will occur at the end of the year and will subsequently be reported to shareholders.

Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to wash sale loss deferrals and investments in passive foreign investment companies.

#### Note 3 — Guarantees and indemnifications
Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the fund. Additionally, in the normal course of business, the fund enters into contracts with service providers that contain general indemnification clauses. The fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the fund that have not yet occurred. The risk of material loss from such claims is considered remote.

#### Note 4 — Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the fund. John Hancock Investment Management Distributors LLC (the Distributor), an affiliate of the Advisor, serves as principal underwriter of the fund. The Advisor and the Distributor are indirect, principally owned subsidiaries of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation.

**Management fee. The fund has an investment management agreement with the Advisor under which the fund pays a daily management fee to the Advisor equivalent on an annual basis to the sum of: (a) 0.850% of the first $2 billion of the fund's average daily net assets and (b) 0.800% of the fund's average daily net assets in excess of $2 billion. The Advisor has subadvisory agreements with Manulife Investment Management (US) LLC and Wellington Management Company LLP. Prior to June 30, 2025, the Advisor had subadvisory agreements with Manulife Investment Management (North America) Limited and Wellington Management Company LLP. Manulife Investment Management (US) LLC and Manulife Investment Management (North America) LLC are both indirectly owned subsidiaries of Manulife Financial Corporation and affiliates of the Advisor. The fund is not responsible for payment of the subadvisory fees.**

The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the fund (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund. During the six months ended September 30, 2025, this waiver amounted to 0.01% of the fund's average daily net assets, on an annualized basis. This agreement expires on July 31, 2027, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

The Advisor contractually agrees to reduce its management fee by an annual rate of 0.05% of the fund's average daily net assets. This agreement expires on July 31, 2026, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

The expense reductions described above amounted to $234,294 for the six months ended September 30, 2025.

Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.

\| JOHN HANCOCK Diversified Real Assets Fund 20

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the six months ended September 30, 2025, were equivalent to a net annual effective rate of 0.79% of the fund's average daily net assets.

**Accounting and legal services. Pursuant to a service agreement, the fund reimburses the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These accounting and legal services fees incurred, for the six months ended September 30, 2025, amounted to an annual rate of 0.02% of the fund's average daily net assets.**

**Trustee expenses. The fund compensates each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to the fund based on its net assets relative to other funds within the John Hancock group of funds complex.**

**Interfund lending program. Pursuant to an Exemptive Order issued by the SEC, the fund, along with certain other funds advised by the Advisor or its affiliates, may participate in an interfund lending program. This program provides an alternative credit facility allowing the fund to borrow from, or lend money to, other participating affiliated funds. At period end, no interfund loans were outstanding. Interest expense is included in Other expenses on the Statement of operations. The fund's activity in this program during the period for which loans were outstanding was as follows:**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Borrower<br> or Lender** | &nbsp;&nbsp;&nbsp;**Weighted Average<br> Loan Balance** | &nbsp;&nbsp;&nbsp;**Days<br> Outstanding** | &nbsp;&nbsp;&nbsp;**Weighted Average<br> Interest Rate** | &nbsp;&nbsp;&nbsp;**Interest Income<br> (Expense)** |
| Borrower | &nbsp;&nbsp;$3660125 | &nbsp;&nbsp;8 | &nbsp;&nbsp;4.835% | &nbsp;&nbsp;$(3933) |

---

#### Note 5 — Fund share transactions
Transactions in fund shares for the six months ended September 30, 2025 and for the year ended March 31, 2025 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** |
| **Class NAV shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1339630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1038691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12584921 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4879772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54116668 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;(12882403) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(161213697) | &nbsp;&nbsp;&nbsp;&nbsp;(26100347) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(312909820) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(12762806)** | &nbsp;&nbsp;&nbsp;**$(159874067)** | &nbsp;&nbsp;&nbsp;&nbsp;**(20181884)** | &nbsp;&nbsp;&nbsp;**$(246208231)** |
| **Total net decrease** | &nbsp;&nbsp;**(12762806)** | &nbsp;&nbsp;**$(159874067)** | &nbsp;&nbsp;**(20181884)** | &nbsp;&nbsp;**$(246208231)** |

---

Affiliates of the fund owned 100% of shares of Class NAV on September 30, 2025. Such concentration of shareholders' capital could have a material effect on the fund if such shareholders redeem from the fund.

#### Note 6 — Purchase and sale of securities
Purchases and sales of securities, other than short-term investments, amounted to $197,934,802 and $349,245,547, respectively, for the six months ended September 30, 2025.

#### Note 7 — Industry or sector risk
The fund may invest a large percentage of its assets in one or more particular industries or sectors of the economy. If a large percentage of the fund's assets are economically tied to a single or small number of industries or sectors of the economy, the fund will be less diversified than a more broadly diversified fund, and it may cause the fund to

21 JOHN HANCOCK Diversified Real Assets Fund \|

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

underperform if that industry or sector underperforms. In addition, focusing on a particular industry or sector may make the fund's NAV more volatile. Further, a fund that invests in particular industries or sectors is particularly susceptible to the impact of market, economic, regulatory and other factors affecting those industries or sectors.

REITs, pooled investment vehicles that typically invest in real estate directly or in loans collateralized by real estate, carry risks associated with owning real estate, including the potential for a decline in value due to economic or market conditions. Securities of companies in the real estate industry carry risks associated with owning real estate, including the potential for a decline in value due to economic or market conditions.

The energy sector is cyclical and highly dependent on commodities prices, which may be volatile. The market value of energy companies can be significantly affected by a number of factors, including global energy price volatility, supply and demand, exchange- and interest-rate fluctuation, and domestic and foreign political and economic developments. Energy companies also face a significant risk of civil liability.

#### Note 8 — Investment by affiliated funds
Certain investors in the fund are affiliated funds that are managed by the Advisor and its affiliates. The affiliated funds do not invest in the fund for the purpose of exercising management or control; however, this investment may represent a significant portion of the fund's net assets. At September 30, 2025, funds within the John Hancock group of funds complex held 100.0% of the fund's net assets. The following fund(s) had an affiliate ownership of 5% or more of the fund's net assets:

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;**Affiliated Concentration** |
| John Hancock Funds II Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;33.9% |
| John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;21.8% |
| John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;16.2% |
| John Hancock Funds II Multimanager 2030 Lifetime Portfolio | &nbsp;&nbsp;6.1% |

---

#### Note 9 — Investment in affiliated underlying funds
The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund's fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| John Hancock Collateral Trust\* | 1169078 | $7125764 | $193889525 | $(189320548) | $(1601) | $1614 | $127835 |  | $11694754 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

\* Refer to the Securities lending note within Note 2 for details regarding this investment.

#### Note 10 — Segment reporting
The management committee of the Advisor acts as the fund's chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. The fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund's long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund's subadvisors. Segment assets are reflected in the Statement of assets and liabilities as "Total assets", which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statement of

\| JOHN HANCOCK Diversified Real Assets Fund 22

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

operations, which includes "Increase (decrease) in net assets from operations", Statements of changes in net assets, which includes "Increase (decrease) in net assets from fund share transactions", and Financial highlights, which includes total return and income and expense ratios.

23 JOHN HANCOCK Diversified Real Assets Fund \|

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

#### EVALUATION OF ADVISORY AND SUBADVISORY AGREEMENTS BY THE BOARD OF TRUSTEES

------

This section describes the evaluation by the Board of Trustees (the Board) of John Hancock Investment Trust (the Trust) of the Advisory Agreement (the Advisory Agreement) with John Hancock Investment Management, LLC (the Advisor) and the Subadvisory Agreements (the Subadvisory Agreements) with Manulife Investment Management (US) LLC hereinafter referred to as MIM and Wellington Management Company LLP (Wellington, and together with MIM) (the Subadvisors) for John Hancock Diversified Real Assets Fund (the fund). The Advisory Agreement and the Subadvisory Agreements are collectively referred to as the Agreements. Prior to the June 23-26, 2025 meeting at which the Agreements were approved, the Board also discussed and considered information regarding the proposed continuation of the Agreements at the meeting held on May 27-May 29, 2025. The Trustees who are not "interested persons" of the Trust as defined by the Investment Company Act of 1940, as amended (the 1940 Act) (the Independent Trustees) also met separately to evaluate and discuss the information presented, including with counsel to the Independent Trustees and a third-party consulting firm.

#### Approval of Advisory and Subadvisory Agreements
At meetings held on June 23-26, 2025, the Board, including the Trustees who are not parties to any Agreement or considered to be interested persons of the Trust under the 1940 Act, reapproved for an annual period the continuation of the Advisory Agreement between the Trust and the Advisor and the Subadvisory Agreements between the Advisor and the Subadvisors with respect to the fund.

In considering the Advisory Agreement and the Subadvisory Agreements, the Board received in advance of the meetings a variety of materials relating to the fund, the Advisor and the Subadvisors, including comparative performance, fee and expense information for a peer group of similar funds prepared by an independent third-party provider of fund data, performance information for an applicable benchmark index; and, with respect to the Subadvisors, comparative performance information for comparably managed accounts, as applicable, and other information provided by the Advisor and the Subadvisors regarding the nature, extent and quality of services provided by the Advisor and the Subadvisors under their respective Agreements, as well as information regarding the Advisor's revenues and costs of providing services to the fund and any compensation paid to affiliates of the Advisor. At the meetings at which the renewal of the Advisory Agreement and Subadvisory Agreements are considered, particular focus is given to information concerning fund performance, comparability of fees and total expenses, and profitability. However, the Board noted that the evaluation process with respect to the Advisor and the Subadvisors is an ongoing one. In this regard, the Board also took into account discussions with management and information provided to the Board (including its various committees) at prior meetings with respect to the services provided by the Advisor and the Subadvisors to the fund, including quarterly performance reports prepared by management containing reviews of investment results and prior presentations from each Subadvisor with respect to the fund. The information received and considered by the Board in connection with the May and June meetings and throughout the year was both written and oral. The Board noted the affiliation of MIM with the Advisor, noting any potential conflicts of interest. The Board also considered the nature, quality, and extent of non-advisory services, if any, to be provided to the fund by the Advisor's affiliates, including distribution services. The Board considered the Advisory Agreement and the Subadvisory Agreements separately in the course of its review. In doing so, the Board noted the respective roles of the Advisor and Subadvisors in providing services to the fund.

Throughout the process, the Board asked questions of and requested additional information from management. The Board is assisted by counsel for the Trust and the Independent Trustees are also separately assisted by independent legal counsel throughout the process. The Independent Trustees also received a memorandum from their independent legal counsel discussing the legal standards for their consideration of the proposed continuation of the Agreements and discussed the proposed continuation of the Agreements in private sessions with their independent legal counsel at which no representatives of management were present.

\| JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND 24

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

#### Approval of Advisory Agreement
In approving the Advisory Agreement with respect to the fund, the Board, including the Independent Trustees, considered a variety of factors, including those discussed below. The Board also considered other factors (including conditions and trends prevailing generally in the economy, the securities markets, and the industry) and did not treat any single factor as determinative, and each Trustee may have attributed different weights to different factors. The Board's conclusions may be based in part on its consideration of the advisory and subadvisory arrangements in prior years and on the Board's ongoing regular review of fund performance and operations throughout the year.

*<u>Nature, extent, and quality of services.</u> Among the information received by the Board from the Advisor relating to the nature, extent, and quality of services provided to the fund, the Board reviewed information provided by the Advisor relating to its operations and personnel, descriptions of its organizational and management structure, and information regarding the Advisor's compliance and regulatory history, including its Form ADV. The Board also noted that on a regular basis it receives and reviews information from the Trust's Chief Compliance Officer (CCO) regarding the fund's compliance policies and procedures established pursuant to Rule 38a-1 under the 1940 Act. The Board observed that the scope of services provided by the Advisor, and of the undertakings required of the Advisor in connection with those services, including maintaining and monitoring its own and the fund's compliance programs, risk management programs, liquidity risk management programs, derivatives risk management programs, and cybersecurity programs, had expanded over time as a result of regulatory, market and other developments. The Board considered that the Advisor is responsible for the management of the day-to-day operations of the fund, including, but not limited to, general supervision of and coordination of the services provided by each Subadvisor, and is also responsible for monitoring and reviewing the activities of each Subadvisor and other third-party service providers. The Board also considered the significant risks assumed by the Advisor in connection with the services provided to the fund including entrepreneurial risk in sponsoring new funds and ongoing risks including investment, operational, enterprise, litigation, regulatory and compliance risks with respect to all funds.*

In considering the nature, extent, and quality of the services provided by the Advisor, the Trustees also took into account their knowledge of the Advisor's management and the quality of the performance of the Advisor's duties, through Board meetings, discussions and reports during the preceding year and through each Trustee's experience as a Trustee of the Trust and of the other trusts in the John Hancock group of funds complex (the John Hancock Fund Complex).

In the course of their deliberations regarding the Advisory Agreement, the Board considered, among other things:

(a) the skills and competency with which the Advisor has in the past managed the Trust's affairs and its subadvisory relationship, the Advisor's oversight and monitoring of the Subadvisors' investment
performance and compliance programs, such as the Subadvisors' compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the
Advisor's timeliness in responding to performance issues;

(b) the background, qualifications and skills of the Advisor's personnel;

(c) the Advisor's compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments;

(d) the Advisor's administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor's oversight of any securities lending activity, its
monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund;

(e) the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund;

25 JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND \|

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

(f) the Advisor's initiatives intended to improve various aspects of the Trust's operations and investor experience with the fund; and

(g) the Advisor's reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety
of investments.

The Board concluded that the Advisor may reasonably be expected to continue to provide a high quality of services under the Advisory Agreement with respect to the fund.

*<u>Investment performance.</u> In considering the fund's performance, the Board noted that it reviews at its regularly scheduled meetings information about the fund's performance results. In connection with the consideration of the Advisory Agreement, the Board:*

(a) reviewed information prepared by management regarding the fund's performance;

(b) considered the comparative performance of an applicable benchmark index;

(c) considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and

(d) took into account the Advisor's analysis of the fund's performance and its plans and recommendations regarding the Trust's subadvisory arrangements generally.

The Board noted that while it found the data provided by the independent third-party generally useful it recognized its limitations, including in particular that the data may vary depending on the end date selected and that the results of the performance comparisons may vary depending on the selection of the peer group. The Board noted that the fund underperformed its benchmark index and peer group median for the one-, three-, and five-year periods ended December 31, 2024. The Board concluded that the fund's performance is being monitored and reasonably addressed, where appropriate.

*<u>Fees and expenses.</u> The Board reviewed comparative information prepared by an independent third-party provider of fund data, including, among other data, the fund's contractual and net management fees (and subadvisory fees, to the extent available) and total expenses as compared to similarly situated investment companies deemed to be comparable to the fund in light of the nature, extent and quality of the management and advisory and subadvisory services provided by the Advisor and each Subadvisor. The Board considered the fund's ranking within a smaller group of peer funds chosen by the independent third-party provider, as well as the fund's ranking within a broader group of funds. In comparing the fund's contractual and net management fees to those of comparable funds, the Board noted that such fees include both advisory and administrative costs. The Board noted that net management fees for the fund are higher than the peer group median and total expenses for the fund are lower than the peer group median.*

The Board took into account management's discussion of the fund's expenses. The Board also took into account management's discussion with respect to overall management fee and the fees of the Subadvisors, including the amount of the advisory fee retained by the Advisor after payment of the subadvisory fees, in each case in light of the services rendered for those amounts and the risks undertaken by the Advisor. The Board also noted that the Advisor pays the subadvisory fees, and that such fees are negotiated at arm's length with respect to the Wellington. In addition, the Board took into account that management had agreed to implement an overall fee waiver across the complex, including the fund, which is discussed further below. The Board also noted actions taken over the past several years to reduce the fund's operating expenses. The Board also noted that, in addition, the Advisor is currently waiving fees and/or reimbursing expenses with respect to the fund and that the fund has breakpoints in its contractual management fee schedule that reduces management fees as assets increase. The Board reviewed information provided by the Advisor concerning the investment advisory fee charged by the Advisor or one of its advisory affiliates to other clients (including other funds in the John Hancock Fund Complex) having similar investment mandates, if any. The Board considered any differences between the Advisor's and

\| JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND 26

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

Subadvisors' services to the fund and the services they provide to other comparable clients or funds. The Board concluded that the advisory fee paid with respect to the fund is reasonable in light of the nature, extent and quality of the services provided to the fund under the Advisory Agreement.

*<u>Profitability/Fall out benefits.</u> In considering the costs of the services to be provided and the profits to be realized by the Advisor and its affiliates from the Advisor's relationship with the Trust, the Board:*

(a) reviewed financial information of the Advisor;

(b) reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund;

(c) received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund;

(d) received information with respect to the Advisor's allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an
analysis of the Advisor's allocation methodologies;

(e) considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating
to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are
reflected in the profitability information reviewed by the Board;

(f) considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement;

(g) noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund's distributor also receives Rule 12b-1 payments to support distribution of the fund;

(h) noted that MIM is an affiliate of the Advisor;

(i) noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund;

(j) noted that the subadvisory fee for the fund is paid by the Advisor and is negotiated at arm's length with respect to Wellington;

(k) considered the Advisor's ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and

(l) considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor including
entrepreneurial, operational, reputational, litigation and regulatory risk.

Based upon its review, the Board concluded that the level of profitability, if any, of the Advisor and its affiliates (including MIM) from their relationship with the fund was reasonable and not excessive.

*<u>Economies of scale.</u> In considering the extent to which economies of scale would be realized as the fund grows and whether fee levels reflect these economies of scale for the benefit of fund shareholders, the Board:*

(a) considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise
reimburse the expenses of the participating portfolios (the reimbursement). This waiver is

27 JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND \|

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

---

| | |
|:---|:---|
|  | based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; |
| (b) | reviewed the fund's advisory fee structure and concluded that: (i) the fund's fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management's discussion of the fund's advisory fee structure; and |
| (c) | the Board also considered the effect of the fund's growth in size on its performance and fees. The Board also noted that if the fund's assets increase over time, the fund may realize other economies of scale. |

---

#### Approval of Subadvisory Agreements
In making its determination with respect to approval of the Subadvisory Agreements, the Board reviewed:

(1) information relating to the Subadvisors' businesses, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex);

(2) the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds;

(3) the subadvisory fees for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data; and

(4) information relating to the nature and scope of any material relationships and their significant to the Trust's Advisor and Wellington.

*<u>Nature, extent, and quality of services.</u> With respect to the services provided by the Subadvisors, the Board received information provided to the Board by the Subadvisors, including each Subadvisor's Form ADV, as well as took into account information presented throughout the past year. The Board considered each Subadvisor's current level of staffing and its overall resources, as well as received information relating to each Subadvisor's compensation program. The Board reviewed each Subadvisor's history and investment experience, as well as information regarding the qualifications, background, and responsibilities of each Subadvisor's investment and compliance personnel who provide services to the fund. The Board also considered, among other things, each Subadvisor's compliance program and any disciplinary history. The Board also considered each Subadvisor's risk assessment and monitoring process. The Board reviewed each Subadvisor's regulatory history, including whether it was involved in any regulatory actions or investigations as well as material litigation, and any settlements and amelioratory actions undertaken, as appropriate. The Board noted that the Advisor conducts regular, periodic reviews of each Subadvisor and its operations, including regarding investment processes and organizational and staffing matters. The Board also noted that the Trust's CCO and his staff conduct regular, periodic compliance reviews with each Subadvisor and present reports to the Independent Trustees regarding the same, which includes evaluating the regulatory compliance systems of each Subadvisor and procedures reasonably designed to assure compliance with the federal securities laws. The Board also took into account the financial condition of the Subadvisors.*

The Board considered each Subadvisor's investment process and philosophy. The Board took into account that each Subadvisor's responsibilities include the development and maintenance of an investment program for the fund that is consistent with the fund's investment objective, the selection of investment securities and the

\| JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND 28

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

placement of orders for the purchase and sale of such securities, as well as the implementation of compliance controls related to performance of these services. The Board also received information with respect to each Subadvisor's brokerage policies and practices, including with respect to best execution and soft dollars.

*<u>Subadvisor compensation.</u> In considering the cost of services to be provided by each Subadvisor and the profitability to each Subadvisor of its relationship with the fund, the Board noted that the fees under the Subadvisory Agreements are paid by the Advisor and not the fund.*

The Board also relied on the ability of the Advisor to negotiate the Subadvisory Agreement with Wellington and the fees thereunder at arm's length. As a result, the costs of the services to be provided and the profits to be realized by Wellington from its relationship with the Trust were not a material factor in the Board's consideration of the Subadvisory Agreement.

The Board also received information regarding the nature and scope (including their significance to the Advisor and its affiliates and to Wellington) of any material relationships with respect to Wellington, which include arrangements in which Wellington or its affiliates provide advisory, distribution, or management services in connection with financial products sponsored by the Advisor or its affiliates, and may include other registered investment companies, a 529 education savings plan, managed separate accounts and exempt group annuity contracts sold to qualified plans. The Board also received information and took into account any other potential conflicts of interest the Advisor might have in connection with the Subadvisory Agreements.

In addition, the Board considered other potential indirect benefits that the Subadvisors and their affiliates may receive from the Subadvisors' relationship with the fund, such as the opportunity to provide advisory services to additional funds in the John Hancock Fund Complex and reputational benefits.

*<u>Subadvisory fees.</u> The Board considered that the fund pays an advisory fee to the Advisor and that, in turn, the Advisor pays a subadvisory fee to each Subadvisor. As noted above, the Board also considered the fund's subadvisory fees as compared to similarly situated investment companies deemed to be comparable to the fund as included in the report prepared by the independent third party provider of fund data, to the extent available. The Board noted that the limited size of the Lipper peer group was not sufficient for comparative purposes. The Board also took into account the subadvisory fees paid by the Advisor to the Subadvisors with respect to the fund and compared them to fees charged by each Subadvisor to manage other subadvised portfolios and portfolios not subject to regulation under the 1940 Act, as applicable.*

*<u>Subadvisor performance.</u> As noted above, the Board considered the fund's performance as compared to the fund's peer group median and the benchmark index and noted that the Board reviews information about the fund's performance results at its regularly scheduled meetings. The Board noted the Advisor's expertise and resources in monitoring the performance, investment style and risk-adjusted performance of the Subadvisors. The Board was mindful of the Advisor's focus on the Subadvisors' performance. The Board also noted the Subadvisors' long-term performance record for similar accounts, as applicable.*

The Board's decision to approve the Subadvisory Agreements was based on a number of determinations, including the following:

(1) the Subadvisor has extensive experience and demonstrated skills as a manager;

(2) the performance of the fund is being monitored and reasonably addressed, where appropriate;

(3) the subadvisory fees are reasonable in relation to the level and quality of services being provided; and

(4) noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit
shareholders to benefit from economies of scale if the fund grows.

\* \* \*

29 JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND \|

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

Based on the Board's evaluation of all factors that the Board deemed to be material, including those factors described above, the Board, including the Independent Trustees, concluded that renewal of the Advisory Agreement and the Subadvisory Agreements would be in the best interest of the fund and its shareholders. Accordingly, the Board, and the Independent Trustees voting separately, approved the Advisory Agreement and Subadvisory Agreements for an additional one-year period.

\| JOHN HANCOCK DIVERSIFIED REAL ASSETS FUND 30

------

[**Table of Contents**](#JOB_Diver_1280c024-ec92-4dc1-a50a-acd16f9b0804_TofC)

![](img9d69f8703.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC

200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

This report is for the information of the shareholders of John Hancock Diversified Real Assets Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.

DRASA 9/25

11/25

------

![](img200f758d1.gif)

![](imgb87deccf2.gif)

Semiannual Financial Statements & Other N-CSR Items

## John Hancock

## Fundamental Equity Income Fund
U.S. equity

September 30, 2025

------

John Hancock

Fundamental Equity Income Fund

Table of contents

---

| | |
|:---|:---|
| &nbsp;&nbsp;**2** | &nbsp;&nbsp;[Fund's investments](#xx_33072815-5964-426d-b511-ef686ee935cc_1) |
| &nbsp;&nbsp;**6** | &nbsp;&nbsp;[Financial statements](#xx_174c44f1-69fc-4d66-81b1-b5ac935b24b6_1) |
| &nbsp;&nbsp;**9** | &nbsp;&nbsp;[Financial highlights](#xx_0628bc3b-9b7d-4779-a645-604446fd2759_1) |
| **13** | &nbsp;&nbsp;[Notes to financial statements](#xx_46077528-3e4d-4487-b044-a3a28b1d93f4_1) |
| **20** | &nbsp;&nbsp;[Evaluation of advisory and subadvisory agreements by the Board of Trustees](#xx_29996d79-9d3a-4571-abfa-6563a965d171_1) |

---

1 JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND \|

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

Fund's investments

#### AS OF 9-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common stocks 93.4%** |  | &nbsp;&nbsp;**$5726162** |
| (Cost $4,891,076) |  |  |
| **Communication services 6.7%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**408532** |
| **Interactive media and services 3.2%** |  |  |
| Alphabet, Inc., Class A | 608 | &nbsp;&nbsp;&nbsp;&nbsp;147805 |
| Meta Platforms, Inc., Class A | 62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45532 |
| **Media 3.5%** |  |  |
| Comcast Corp., Class A | 6849 | &nbsp;&nbsp;&nbsp;&nbsp;215195 |
| **Consumer discretionary 11.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**672903** |
| **Automobile components 0.7%** |  |  |
| Mobileye Global, Inc., Class A (A) | 3123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44097 |
| **Broadline retail 1.1%** |  |  |
| Amazon.com, Inc. (A) | 306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67188 |
| **Hotels, restaurants and leisure 4.2%** |  |  |
| Las Vegas Sands Corp. | 1680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90367 |
| Starbucks Corp. | 556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47038 |
| Vail Resorts, Inc. | 780 | &nbsp;&nbsp;&nbsp;&nbsp;116665 |
| **Household durables 2.1%** |  |  |
| Lennar Corp., Class A | 1005 | &nbsp;&nbsp;&nbsp;&nbsp;126670 |
| **Specialty retail 0.7%** |  |  |
| Lowe's Companies, Inc. | 180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45236 |
| **Textiles, apparel and luxury goods 2.2%** |  |  |
| LVMH Moet Hennessy Louis Vuitton SE, ADR | 1109 | &nbsp;&nbsp;&nbsp;&nbsp;135642 |
| **Consumer staples 7.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**428464** |
| **Beverages 1.7%** |  |  |
| Diageo PLC, ADR | 1081 | &nbsp;&nbsp;&nbsp;&nbsp;103160 |
| **Consumer staples distribution and retail 1.2%** |  |  |
| Walmart, Inc. | 743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76574 |
| **Food products 1.7%** |  |  |
| Danone SA, ADR | 5901 | &nbsp;&nbsp;&nbsp;&nbsp;103327 |
| **Household products 1.9%** |  |  |
| Reckitt Benckiser Group PLC, ADR | 5179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80326 |
| Reynolds Consumer Products, Inc. | 1382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33818 |
| **Personal care products 0.5%** |  |  |
| Kenvue, Inc. | 1926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31259 |
| **Energy 7.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**432427** |
| **Oil, gas and consumable fuels 7.0%** |  |  |
| Cheniere Energy, Inc. | 757 | &nbsp;&nbsp;&nbsp;&nbsp;177880 |
| Kinder Morgan, Inc. | 2646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74908 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND 2

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Energy (continued)** |  |  |
| **Oil, gas and consumable fuels (continued)** |  |  |
| Suncor Energy, Inc. | 3645 | &nbsp;&nbsp;$152397 |
| Valero Energy Corp. | 160 | &nbsp;&nbsp;&nbsp;&nbsp;27242 |
| **Financials 16.1%** |  | &nbsp;&nbsp;&nbsp;**989994** |
| **Banks 4.0%** |  |  |
| Bank of America Corp. | 965 | &nbsp;&nbsp;&nbsp;&nbsp;49784 |
| Citigroup, Inc. | 928 | &nbsp;&nbsp;&nbsp;&nbsp;94192 |
| First Hawaiian, Inc. | 1561 | &nbsp;&nbsp;&nbsp;&nbsp;38760 |
| Wells Fargo & Company | 744 | &nbsp;&nbsp;&nbsp;&nbsp;62362 |
| **Capital markets 10.7%** |  |  |
| KKR & Company, Inc. | 877 | &nbsp;&nbsp;&nbsp;&nbsp;113966 |
| Morgan Stanley | 735 | &nbsp;&nbsp;&nbsp;&nbsp;116836 |
| Nasdaq, Inc. | 1656 | &nbsp;&nbsp;&nbsp;&nbsp;146473 |
| S&P Global, Inc. | 115 | &nbsp;&nbsp;&nbsp;&nbsp;55972 |
| State Street Corp. | 1077 | &nbsp;&nbsp;&nbsp;&nbsp;124943 |
| The Goldman Sachs Group, Inc. | 121 | &nbsp;&nbsp;&nbsp;&nbsp;96358 |
| **Consumer finance 1.4%** |  |  |
| American Express Company | 272 | &nbsp;&nbsp;&nbsp;&nbsp;90348 |
| **Health care 19.7%** |  | **1205500** |
| **Health care equipment and supplies 3.5%** |  |  |
| Becton, Dickinson and Company | 799 | &nbsp;&nbsp;&nbsp;&nbsp;149549 |
| Zimmer Biomet Holdings, Inc. | 641 | &nbsp;&nbsp;&nbsp;&nbsp;63139 |
| **Health care providers and services 6.4%** |  |  |
| Elevance Health, Inc. | 528 | &nbsp;&nbsp;&nbsp;&nbsp;170603 |
| McKesson Corp. | 107 | &nbsp;&nbsp;&nbsp;&nbsp;82662 |
| UnitedHealth Group, Inc. | 409 | &nbsp;&nbsp;&nbsp;&nbsp;141228 |
| **Life sciences tools and services 1.9%** |  |  |
| Thermo Fisher Scientific, Inc. | 243 | &nbsp;&nbsp;&nbsp;&nbsp;117860 |
| **Pharmaceuticals 7.9%** |  |  |
| Bristol-Myers Squibb Company | 2567 | &nbsp;&nbsp;&nbsp;&nbsp;115772 |
| GSK PLC, ADR | 4276 | &nbsp;&nbsp;&nbsp;&nbsp;184552 |
| Haleon PLC, ADR | 10931 | &nbsp;&nbsp;&nbsp;&nbsp;98051 |
| Merck & Company, Inc. | 978 | &nbsp;&nbsp;&nbsp;&nbsp;82084 |
| **Industrials 6.9%** |  | &nbsp;&nbsp;&nbsp;**422756** |
| **Air freight and logistics 1.6%** |  |  |
| United Parcel Service, Inc., Class B | 1208 | &nbsp;&nbsp;&nbsp;&nbsp;100904 |
| **Electrical equipment 1.4%** |  |  |
| Regal Rexnord Corp. | 579 | &nbsp;&nbsp;&nbsp;&nbsp;83052 |
| **Ground transportation 0.7%** |  |  |
| Union Pacific Corp. | 178 | &nbsp;&nbsp;&nbsp;&nbsp;42074 |

---

3 JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Industrials (continued)** |  |  |
| **Machinery 1.0%** |  |  |
| Fortive Corp. | 1268 | $62119 |
| **Trading companies and distributors 2.2%** |  |  |
| United Rentals, Inc. | 141 | 134607 |
| **Information technology 11.3%** |  | **696095** |
| **Semiconductors and semiconductor equipment 3.7%** |  |  |
| Analog Devices, Inc. | 250 | &nbsp;&nbsp;&nbsp;61425 |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 381 | 106409 |
| Texas Instruments, Inc. | 315 | &nbsp;&nbsp;&nbsp;57875 |
| **Software 7.6%** |  |  |
| Adobe, Inc. (A) | 171 | &nbsp;&nbsp;&nbsp;60320 |
| Microsoft Corp. | 406 | 210288 |
| Oracle Corp. | 514 | 144557 |
| Salesforce, Inc. | 233 | &nbsp;&nbsp;&nbsp;55221 |
| **Materials 2.3%** |  | **139176** |
| **Chemicals 2.3%** |  |  |
| LyondellBasell Industries NV, Class A | 2838 | 139176 |
| **Real estate 5.4%** |  | **330315** |
| **Specialized REITs 5.4%** |  |  |
| American Tower Corp. | 525 | 100968 |
| Crown Castle, Inc. | 1357 | 130937 |
| Millrose Properties, Inc., Class A | 2928 | &nbsp;&nbsp;&nbsp;98410 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | **Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 8.4%** |  |  | &nbsp;&nbsp;**$511865** |
| (Cost $511,654) |  |  |  |
| **Short-term funds 8.4%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**511865** |
| John Hancock Collateral Trust (B) | 4.0668(C) | 51169 | &nbsp;&nbsp;&nbsp;511865 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Total investments (Cost $5,402,730) 101.8%** | **$6238027** |
| **Other assets and liabilities, net (1.8%)** | &nbsp;&nbsp;&nbsp;&nbsp;**(109956)** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$6128071** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND 4

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

At 9-30-25, the aggregate cost of investments for federal income tax purposes was $5,410,845. Net unrealized appreciation aggregated to $827,182, of which $1,066,112 related to gross unrealized appreciation and $238,930 related to gross unrealized depreciation.

The fund had the following country composition as a percentage of net assets on 9-30-25:

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;&nbsp;&nbsp;83.6% |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;7.6% |
| France | &nbsp;&nbsp;&nbsp;&nbsp;3.9% |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;2.5% |
| Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;1.7% |
| Other countries | &nbsp;&nbsp;&nbsp;&nbsp;0.7% |
| **TOTAL** | **100.0%** |

---

5 JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

Financial statements

#### STATEMENT OF ASSETS AND LIABILITIES 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Assets** |  |
| Unaffiliated investments, at value (Cost $4,891,076) | &nbsp;&nbsp;&nbsp;&nbsp;$5726162 |
| Affiliated investments, at value (Cost $511,654) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511865 |
| **Total investments, at value (Cost $5,402,730)** | &nbsp;&nbsp;&nbsp;&nbsp;**6238027** |
| Dividends and interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11210 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574 |
| Other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53102 |
| **Total assets** | &nbsp;&nbsp;&nbsp;&nbsp;**6302913** |
| **Liabilities** |  |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144064 |
| Payable to affiliates |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 |
| Other liabilities and accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29496 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**174842** |
| **Net assets** | &nbsp;&nbsp;**$6128071** |
| **Net assets consist of** |  |
| Paid-in capital | &nbsp;&nbsp;&nbsp;&nbsp;$3456970 |
| Total distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;2671101 |
| **Net assets** | &nbsp;&nbsp;**$6128071** |
| **Net asset value per share** |  |
| Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value |  |
| Class A ($257,370 ÷ 18,976 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.56 |
| Class C ($59,293 ÷ 4,372 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.56 |
| Class I ($5,751,799 ÷ 424,307 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.56 |
| Class R6 ($59,609 ÷ 4,395 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.56 |
| **Maximum offering price per share** |  |
| Class A (net asset value per share ÷ 95%)<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.27 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

<sup>2</sup> On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Fundamental Equity Income Fund 6

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

#### STATEMENT OF OPERATIONS For the six months ended 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Investment income** |  |
| Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$165622 |
| Dividends from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15746 |
| Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3012) |
| **Total investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**178356** |
| **Expenses** |  |
| Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37153 |
| Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402 |
| Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1227 |
| Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6869 |
| Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174 |
| Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6678 |
| State registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47667 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9430 |
| Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32336 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9064 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**151000** |
| Less expense reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99731) |
| **Net expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**51269** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**127087** |
| **Realized and unrealized gain (loss)** |  |
| **Net realized gain (loss) on** |  |
| Unaffiliated investments and foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;1478476 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**1478740** |
| **Change in net unrealized appreciation (depreciation) of** |  |
| Unaffiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(400958) |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(212) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(401170)** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;&nbsp;&nbsp;**1077570** |
| **Increase in net assets from operations** | &nbsp;&nbsp;**$1204657** |

---

7 JOHN HANCOCK Fundamental Equity Income Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

#### STATEMENTS OF CHANGES IN NET ASSETS

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended<br> 9-30-25<br> (unaudited)** | &nbsp;&nbsp;**Year ended<br> 3-31-25** |
| **Increase (decrease) in net assets** |  |  |
| **From operations** |  |  |
| Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$127087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$199299 |
| Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;1478740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571348 |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(401170) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24014) |
| **Increase in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;**1204657** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**746633** |
| **Distributions to shareholders** |  |  |
| From earnings |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2180) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(521) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(115654) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(662931) |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(832) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(119187)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(662931)** |
| **From fund share transactions** | &nbsp;&nbsp;&nbsp;**(7360245)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2669120** |
| **Total increase (decrease)** | &nbsp;&nbsp;&nbsp;**(6274775)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2752822** |
| **Net assets** |  |  |
| Beginning of period | &nbsp;&nbsp;&nbsp;&nbsp;12402846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9650024 |
| **End of period** | &nbsp;&nbsp;**$6128071** | &nbsp;&nbsp;**$12402846** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Fundamental Equity Income Fund 8

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

Financial highlights

---

| | |
|:---|:---|
| **CLASS A SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** |
| **Per share operating performance** |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.54** |
| Net investment income<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.19** |
| **Less distributions** |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.56** |
| **Total return (%)<sup>3,4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.99<sup>5</sup>** |
| **Ratios and supplemental data** |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>6</sup> |
| Ratios (as a percentage of average net assets): |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.68<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.41<sup>7</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15<sup>8</sup> |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> The inception date for Class A shares is 4-4-25. Unaudited.

<sup>2</sup> Based on average daily shares outstanding.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Does not reflect the effect of sales charges, if any.

<sup>5</sup> Not annualized.

<sup>6</sup> Less than $500,000.

<sup>7</sup> Annualized.

<sup>8</sup> Portfolio turnover is shown for the period from 4-1-25 to 9-30-25.

9 JOHN HANCOCK Fundamental Equity Income Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

---

| | |
|:---|:---|
| **CLASS C SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** |
| **Per share operating performance** |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.54** |
| Net investment income<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.09 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.14** |
| **Less distributions** |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.12) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.56** |
| **Total return (%)<sup>3,4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.56<sup>5</sup>** |
| **Ratios and supplemental data** |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>6</sup> |
| Ratios (as a percentage of average net assets): |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.43<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81<sup>7</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15<sup>8</sup> |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> The inception date for Class C shares is 4-4-25. Unaudited.

<sup>2</sup> Based on average daily shares outstanding.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Does not reflect the effect of sales charges, if any.

<sup>5</sup> Not annualized.

<sup>6</sup> Less than $500,000.

<sup>7</sup> Annualized.

<sup>8</sup> Portfolio turnover is shown for the period from 4-1-25 to 9-30-25.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Fundamental Equity Income Fund 10

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **CLASS I SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-23<sup>2</sup>** |
| **Per share operating performance** |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.56** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.40** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.77** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.00** |
| Net investment income<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.19** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.99** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.35** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.91** |
| **Less distributions** |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.57) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.52) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.19)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.83)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.72)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.14)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.56** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.56** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.40** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.77** |
| **Total return (%)<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.39<sup>5</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.08** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22.42** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.22<sup>5</sup>** |
| **Ratios and supplemental data** |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7 |
| Ratios (as a percentage of average net assets): |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.43<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.06<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.72<sup>6</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> Period from 6-28-22 (commencement of operations) to 3-31-23.

<sup>3</sup> Based on average daily shares outstanding.

<sup>4</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>5</sup> Not annualized.

<sup>6</sup> Annualized.

<sup>7</sup> Annualized. Certain expenses are presented unannualized.

11 JOHN HANCOCK Fundamental Equity Income Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

---

| | |
|:---|:---|
| **CLASS R6 SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** |
| **Per share operating performance** |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.54** |
| Net investment income<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.09 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.21** |
| **Less distributions** |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.56** |
| **Total return (%)<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19.20<sup>4</sup>** |
| **Ratios and supplemental data** |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>5</sup> |
| Ratios (as a percentage of average net assets): |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33<sup>6</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72<sup>6</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91<sup>6</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15<sup>7</sup> |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> The inception date for Class R6 shares is 4-4-25. Unaudited.

<sup>2</sup> Based on average daily shares outstanding.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Not annualized.

<sup>5</sup> Less than $500,000.

<sup>6</sup> Annualized.

<sup>7</sup> Portfolio turnover is shown for the period from 4-1-25 to 9-30-25.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Fundamental Equity Income Fund 12

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

Notes to financial statements (unaudited)

#### Note 1 — Organization
John Hancock Fundamental Equity Income Fund (the fund) is a series of John Hancock Investment Trust (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the fund is to seek long-term capital appreciation and current income.

The fund may offer multiple classes of shares. The shares currently outstanding are detailed in the Statement of assets and liabilities. Class A and Class C shares are offered to all investors. Class I shares are offered to institutions and certain investors. Class R6 shares are only available to certain retirement plans, institutions and other investors. Class C shares convert to Class A shares eight years after purchase (certain exclusions may apply). Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, if any, and transfer agent fees for each class may differ.

#### Note 2 — Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The fund qualifies as an investment company under Topic 946 of Accounting Standards Codification of US GAAP.

Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the fund:

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund's valuation designee.**

In order to value the securities, the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed.

The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates,

13 JOHN HANCOCK Fundamental Equity Income Fund \|

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

As of September 30, 2025, all investments are categorized as Level 1 under the hierarchy described above.

**Real estate investment trusts. The fund may invest in real estate investment trusts (REITs). Distributions from REITs may be recorded as income and subsequently characterized by the REIT at the end of their fiscal year as a reduction of cost of investments and/or as a realized gain. As a result, the fund will estimate the components of distributions from these securities. Such estimates are revised when the actual components of the distributions are known.**

**Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.**

**Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.**

Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.

**Foreign taxes. The fund may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the fund as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.**

**Overdraft. The fund may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the fund's custodian agreement, the custodian may loan money to the fund to make properly authorized payments. The fund is obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law.**

**Line of credit. The fund and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 13, 2026 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, the fund can borrow up to an**

\| JOHN HANCOCK Fundamental Equity Income Fund 14

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement. A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund based on an asset-based allocation and is reflected in Other expenses on the Statement of operations. For the six months ended September 30, 2025, the fund had no borrowings under the line of credit. Commitment fees for the six months ended September 30, 2025 were $28.

**Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund's relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.**

**Class allocations. Income, common expenses and realized and unrealized gains (losses) are determined at the fund level and allocated daily to each class of shares based on the net assets of the class. Class-specific expenses, such as distribution and service fees, if any, and transfer agent fees, for all classes, are charged daily at the class level based on the net assets of each class and the specific expense rates applicable to each class.**

**Federal income taxes. The fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.**

As of March 31, 2025, the fund had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The fund's federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.

**Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The fund generally declares and pays dividends quarterly. Capital gain distributions, if any, are typically distributed annually.**

Distributions paid by the fund with respect to each class of shares are calculated in the same manner, at the same time and in the same amount, except for the effect of class level expenses that may be applied differently to each class.

Such distributions, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the fund's financial statements as a return of capital. The final determination of tax characteristics of the fund's distribution will occur at the end of the year and will subsequently be reported to shareholders.

Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to wash sale loss deferrals.

#### Note 3 — Guarantees and indemnifications
Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the fund. Additionally, in the normal course of business, the fund enters into contracts with service providers that contain general indemnification clauses. The fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the fund that have not yet occurred. The risk of material loss from such claims is considered remote.

15 JOHN HANCOCK Fundamental Equity Income Fund \|

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

#### Note 4 — Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the fund. John Hancock Investment Management Distributors LLC (the Distributor), an affiliate of the Advisor, serves as principal underwriter of the fund. The Advisor and the Distributor are indirect, principally owned subsidiaries of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation.

**Management fee. The fund has an investment management agreement with the Advisor under which the fund pays a daily management fee to the Advisor equivalent on an annual basis to the sum of: (a) 0.600% of the first $1 billion of the fund's average daily net assets; (b) 0.585% of the next $1 billion of the fund's average daily net assets; and (c) 0.550% of the fund's average daily net assets in excess of $2 billion. The Advisor has a subadvisory agreement with Manulife Investment Management (US) LLC, an indirectly owned subsidiary of Manulife Financial Corporation and an affiliate of the Advisor. The fund is not responsible for payment of the subadvisory fees.**

The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the fund (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund. During the six months ended September 30, 2025, this waiver amounted to 0.01% of the fund's average daily net assets, on an annualized basis. This agreement expires on July 31, 2027, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

The Advisor has contractually agreed to reduce its management fee or, if necessary, make payment to the fund, in an amount equal to the amount by which expenses of the fund exceed 0.71% of average daily net assets of the fund. For purposes of this agreement, expenses of the fund means all fund expenses, excluding (a) taxes, (b) brokerage commissions, (c) interest expense, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the fund's business, (e) class-specific expenses, (f) borrowing costs, (g) prime brokerage fees, (h) acquired fund fees and expenses paid indirectly, and (i) short dividend expense. This agreement expires on July 31, 2026, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

For the six months ended September 30, 2025, the expense reductions described above amounted to the following:

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;**Expense reduction** |
| Class A | &nbsp;&nbsp;$1341 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526 |
| Class I | &nbsp;&nbsp;97337 |

---

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;**Expense reduction** |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$527 |
| **Total** | &nbsp;&nbsp;**$99731** |

---

Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.

The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the six months ended September 30, 2025, were equivalent to a net annual effective rate of 0.00% of the fund's average daily net assets.

**Accounting and legal services. Pursuant to a service agreement, the fund reimburses the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These expenses are allocated to each share class based on its relative net assets at the time the expense was incurred. These accounting and legal services fees incurred, for the six months ended September 30, 2025, amounted to an annual rate of 0.02% of the fund's average daily net assets.**

\| JOHN HANCOCK Fundamental Equity Income Fund 16

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

Distribution and service plans. The fund has a distribution agreement with the Distributor. The fund has adopted distribution and service plans for certain classes as detailed below pursuant to Rule 12b-1 under the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the fund. The fund may pay up to the following contractual rates of distribution and service fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the fund's shares:

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Rule 12b-1 Fee** |
| Class A | &nbsp;&nbsp;0.25% |
| Class C | &nbsp;&nbsp;1.00% |

---

#### Sales charges. Class A shares may be subject to up-front sales charges. For the six months ended September 30, 2025, no sales charges were assessed.
Class A and Class C shares may be subject to contingent deferred sales charges (CDSCs). Certain Class A shares purchased, including those that are acquired through purchases of $1 million or more, and redeemed within one year of purchase are subject to a 1.00% CDSC. Class C shares that are redeemed within one year of purchase are subject to a 1.00% CDSC. CDSCs are applied to the lesser of the current market value at the time of redemption or the original purchase cost of the shares being redeemed. Proceeds from CDSCs are used to compensate the Distributor for providing distribution-related services in connection with the sale of these shares. During the six months ended September 30, 2025, there were no CDSCs received by the Distributor for Class A or Class C shares.

**Transfer agent fees. The John Hancock group of funds has a complex-wide transfer agent agreement with John Hancock Signature Services, Inc. (Signature Services), an affiliate of the Advisor. The transfer agent fees paid to Signature Services are determined based on the cost to Signature Services (Signature Services Cost) of providing recordkeeping services. It also includes out-of-pocket expenses, including payments made to third-parties for recordkeeping services provided to their clients who invest in one or more John Hancock funds. In addition, Signature Services Cost may be reduced by certain fees that Signature Services receives in connection with retirement and small accounts. Signature Services Cost is calculated monthly and allocated, as applicable, to three categories of share classes: Retail Share Classes of Non-Municipal Bond Funds, Retirement Share Classes and Retail Share Classes of Municipal Bond Funds. Within each of these categories, the applicable costs are allocated to the affected John Hancock affiliated funds and/or classes, based on the relative average daily net assets.**

#### Class level expenses. Class level expenses for the six months ended September 30, 2025 were as follows:

---

| | | |
|:---|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Distribution and service fees** | &nbsp;&nbsp;&nbsp;**Transfer agent fees** |
| Class A | &nbsp;&nbsp;&nbsp;$131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$58 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29 |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;6780 |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 |
| **Total** | &nbsp;&nbsp;**$402** | &nbsp;&nbsp;**$6869** |

---

**Trustee expenses. The fund compensates each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to the fund based on its net assets relative to other funds within the John Hancock group of funds complex.**

17 JOHN HANCOCK Fundamental Equity Income Fund \|

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

#### Note 5 — Fund share transactions
Transactions in fund shares for the six months ended September 30, 2025 and for the year ended March 31, 2025 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** |
| **Class A shares<sup>1</sup>** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$242059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18976** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$244239** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Class C shares<sup>1</sup>** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4372** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$50521** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Class I shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;156691 | &nbsp;&nbsp;&nbsp;&nbsp;$2006189 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$115654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662931 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;(572170) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7821491) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;**(563360)** | &nbsp;&nbsp;&nbsp;**$(7705837)** | &nbsp;&nbsp;&nbsp;**209308** | &nbsp;&nbsp;&nbsp;**$2669120** |
| **Class R6 shares<sup>1</sup>** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4395** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$50832** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Total net increase (decrease)** | &nbsp;&nbsp;**(535617)** | &nbsp;&nbsp;**$(7360245)** | &nbsp;&nbsp;**209308** | &nbsp;&nbsp;**$2669120** |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> The inception date for Class A, Class C and Class R6 shares is 4-4-25.

Affiliates of the fund owned 23%, 100%, 100% and 100% of shares of Class A, Class C, Class I and Class R6, respectively, on September 30, 2025. Such concentration of shareholders' capital could have a material effect on the fund if such shareholders redeem from the fund.

#### Note 6 — Purchase and sale of securities
Purchases and sales of securities, other than short-term investments, amounted to $1,663,007 and $8,374,098, respectively, for the six months ended September 30, 2025.

#### Note 7 — Investment in affiliated underlying funds
The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund's fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:

\| JOHN HANCOCK Fundamental Equity Income Fund 18

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| John Hancock Collateral Trust | 51169 | $977036 | $398887 | $(864110) | $264 | $(212) | $15746 |  | $511865 |

---

#### Note 8 — Segment reporting
The management committee of the Advisor acts as the fund's chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. The fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund's long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund's subadvisor. Segment assets are reflected in the Statement of assets and liabilities as "Total assets", which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statement of operations, which includes "Increase (decrease) in net assets from operations", Statements of changes in net assets, which includes "Increase (decrease) in net assets from fund share transactions", and Financial highlights, which includes total return and income and expense ratios.

19 JOHN HANCOCK Fundamental Equity Income Fund \|

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

#### EVALUATION OF ADVISORY AND SUBADVISORY AGREEMENTS BY THE BOARD OF TRUSTEES

------

This section describes the evaluation by the Board of Trustees (the Board) of John Hancock Investment Trust (the Trust) of the Advisory Agreement (the Advisory Agreement) with John Hancock Investment Management, LLC (the Advisor) and the Subadvisory Agreement (the Subadvisory Agreement) with Manulife Investment Management (US) LLC (the Subadvisor), for John Hancock Fundamental Equity Income Fund (the fund). The Advisory Agreement and Subadvisory Agreement are collectively referred to as the Agreements. Prior to the June 23-26, 2025 meeting at which the Agreements were approved, the Board also discussed and considered information regarding the proposed continuation of the Agreements at the meeting held on May 27 – May 29, 2025. The Trustees who are not "interested persons" of the Trust as defined by the Investment Company Act of 1940, as amended (the 1940 Act) (the Independent Trustees) also met separately to evaluate and discuss the information presented, including with counsel to the Independent Trustees and a third-party consulting firm.

#### Approval of Advisory and Subadvisory Agreements
At a meeting held on June 23-26, 2025, the Board, including the Trustees who are not parties to any Agreement or considered to be interested persons of the Trust under the 1940 Act, reapproved for an annual period the continuation of the Advisory Agreement between the Trust and the Advisor and the Subadvisory Agreement between the Advisor and the Subadvisor with respect to the fund.

In considering the Advisory Agreement and the Subadvisory Agreement, the Board received in advance of the meeting a variety of materials relating to the fund, the Advisor and the Subadvisor, including comparative performance, fee and expense information for a peer group of similar funds prepared by an independent third-party provider of fund data, performance information for an applicable benchmark index; and, with respect to the Subadvisor, comparative performance information for comparatively managed accounts, as applicable, and other information provided by the Advisor and the Subadvisor regarding the nature, extent, and quality of services to be provided by the Advisor and the Subadvisor under their respective Agreements, as well as information regarding the Advisor's anticipated revenues and costs of providing services to the fund and any compensation paid to affiliates of the Advisor. At the meetings at which the renewal of the Advisory Agreement and Subadvisory Agreement are considered, particular focus is given to information concerning fund performance, comparability of fees and total expenses, and profitability. However, the Board noted that the evaluation process with respect to the Advisor and the Subadvisor is an ongoing one. In this regard, the Board also took into account discussions with management and information provided to the Board (including its various committees) at prior meetings with respect to the services provided by the Advisor and the Subadvisor to the fund, including quarterly performance reports prepared by management containing reviews of investment results and prior presentations from the Subadvisor with respect to the fund. The information received and considered by the Board in connection with the May and June meetings and throughout the year was both written and oral. The Board noted the affiliation of the Subadvisor with the Advisor, noting any potential conflicts of interest. The Board also considered the nature, quality, and extent of the non-advisory services, if any, to be provided to the fund by the Advisor's affiliates, including distribution services. The Board considered the Advisory Agreement and the Subadvisory Agreement separately in the course of its review. In doing so, the Board noted the respective roles of the Advisor and Subadvisor in providing services to the fund.

Throughout the process, the Board asked questions of and were afforded the opportunity to request additional information from management. The Board is assisted by counsel for the Trust and the Independent Trustees are also separately assisted by independent legal counsel throughout the process. The Independent Trustees also received a memorandum from their independent legal counsel discussing the legal standards for their consideration of the proposed continuation of the Agreements and discussed the proposed continuation of the Agreements in private sessions with their independent legal counsel at which no representatives of management were present.

\| JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND 20

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

#### Approval of Advisory Agreement
In approving the Advisory Agreement with respect to the fund, the Board, including the Independent Trustees, considered a variety of factors, including those discussed below. The Board also considered other factors (including conditions and trends prevailing generally in the economy, the securities markets, and the industry) and did not treat any single factor as determinative, and each Trustee may have attributed different weights to different factors. The Board's conclusions may be based in part on its consideration of the advisory and subadvisory arrangements in prior years and on the Board's ongoing regular review of fund performance and operations throughout the year.

*<u>Nature, extent, and quality of services</u>. Among the information received by the Board from the Advisor relating to the nature, extent and quality of services to be provided to the fund, the Board reviewed information provided by the Advisor relating to its operations and personnel, descriptions of its organizational and management structure, and information regarding the Advisor's compliance and regulatory history, including its Form ADV. The Board also noted that on a regular basis it receives and reviews information from the Trust's Chief Compliance Officer (CCO) regarding the Funds' compliance policies and procedures established pursuant to Rule 38a-1 under the 1940 Act. The Board observed that the scope of services provided by the Advisor, and of the undertakings required of the Advisor in connection with those services, including maintaining and monitoring its own and the fund's compliance programs, risk management programs, liquidity risk management programs, derivatives risk management programs, and cybersecurity programs, had expanded over time as a result of regulatory, market and other developments. The Board considered that the Advisor would be responsible for the management of the day-to-day operations of the fund, including, but not limited to, general supervision and coordination of the services provided by the Subadvisor, and is also responsible for monitoring and reviewing the activities of the Subadvisor and other third-party service providers. The Board also considered the significant risks assumed by the Advisor in connection with the services provided to the fund including entrepreneurial risk in sponsoring new funds and ongoing risks including investment, operational, enterprise, litigation, regulatory and compliance risks with respect to all funds.*

In considering the nature, extent and quality of the services provided by the Advisor, the Trustees also took into account their knowledge of the Advisor's management and the quality of the performance of the Advisor's duties, through Board meetings, discussions and reports during the preceding year and through each Trustee's experience as a Trustee of the Trust and of the other trusts in the John Hancock group of funds complex (the John Hancock Fund Complex).

In the course of their deliberations regarding the Advisory Agreement, the Board considered, among other things:

(a) the skills and competency with which the Advisor has in the past managed the Trust's affairs and its subadvisory relationships, the Advisor's oversight and monitoring of the subadvisors' investment
performance and compliance programs, such as the subadvisors' compliance with fund policies and objectives; review of brokerage matters, including with respect to trade allocation and best execution; and the
Advisor's timeliness in responding to performance issues;

(b) the background, qualifications, and skills of the Advisor's personnel;

(c) the Advisor's compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments;

(d) the Advisor's administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor's oversight of any securities lending activity, its
monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund;

(e) the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund;

21 JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND \|

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

(f) the Advisor's initiatives intended to improve various aspects of the Trust's operations and investor experience with the fund; and

(g) the Advisor's reputation and experience in serving as an investment advisor to the Trust, and the benefit to shareholders of investing in funds that are part of a family of funds offering a
variety of investments.

The Board concluded that the Advisor may reasonably be expected to continue to provide a high quality of services under the Advisory Agreement with respect to the fund.

*<u>Investment performance</u>. In considering the fund's performance, the Board noted that it reviews at its regularly scheduled meetings information about the fund's performance results. In connection with the consideration of the Advisory Agreement, the Board:*

(a) reviewed information prepared by management regarding the fund's performance;

(b) considered the comparative performance of an applicable benchmark index;

(c) considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and

(d) took into account the Advisor's analysis of the fund's performance and its plans and recommendations regarding the Trust's subadvisory arrangements generally.

The Board noted that while it found the data provided by the independent third-party generally useful it recognized its limitations, including in particular that data may vary depending on the end date selected and the results of the performance comparisons may vary depending on the selection of the peer group. The Board noted that the fund outperformed its benchmark index and its peer group median for the one-year period ended December 31, 2024 and since its inception on June 30, 2022, for the period ended December 31, 2024. The Board took into account management's discussion of the fund's performance, including the favorable performance to the benchmark index and relative to its peer group median for the one-year period and since its inception on June 30, 2022. The Board concluded that the fund's performance has generally been in line with or outperformed the historical performance of comparable funds and the fund's benchmark index.

*<u>Fees and Expenses</u>. The Board reviewed comparative information prepared by an independent third-party provider of fund data, including, among other data, the fund's contractual and net management fees (and subadvisory fees, to the extent available) and total expenses as compared to similarly situated investment companies deemed to be comparable to the fund in light of the nature, extent and quality of the management and advisory and subadvisory services provided by the Advisor and the Subadvisor. The Board considered the fund's ranking within a smaller group of peer funds chosen by the independent third-party provider, as well as the fund's ranking within a broader group of funds. In comparing the fund's contractual and net management fees to those of comparable funds, the Board noted that such fees include both advisory and administrative costs. The Board noted that net management fees and net total expenses for the fund are lower than the peer group median.*

The Board took into account management's discussion with respect to the overall management fee and the fees of the Subadvisor, including the amount of the advisory fee retained by the Advisor after payment of the subadvisory fee, in each case in light of the services rendered for those amounts and the risks undertaken by the Advisor. The Board also noted that the Advisor pays the subadvisory fee. In addition, the Board took into account that management had agreed to implement an overall fee waiver across the complex, including the fund, which is discussed further below. The Board also noted actions taken over the past several years to reduce the fund's operating expenses. The Board also noted that, in addition, the fund has breakpoints in its contractual management fee schedule that reduces management fees as assets increase. The Board also noted that the fund's distributor, an affiliate of the Advisor, has agreed to waive a portion of its Rule 12b-1 fee for a share class of the fund. The Board reviewed information provided by the Advisor concerning the investment advisory fee charged by

\| JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND 22

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

the Advisor or one of its advisory affiliates to other clients (including other funds in the John Hancock Fund Complex) having similar investment mandates, if any. The Board considered any differences between the Advisor's and Subadvisor's services to the fund and the services they provide to other comparable clients or funds.

The Board concluded that the advisory fee paid with respect to the fund is reasonable in light of the nature, extent and quality of the services provided to the fund under the Advisory Agreement.

*<u>Profitability/Fall Out Benefits</u>. In considering the costs of the services to be provided and the profits to be realized by the Advisor and its affiliates (including the subadvisor) from the Advisor's relationship with the Trust, the Board:*

(a) reviewed financial information of the Advisor;

(b) reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund;

(c) received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund;

(d) received information with respect to the Advisor's allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an
analysis of the Advisor's allocation methodologies;

(e) considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating
to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are
reflected in the profitability information reviewed by the Board;

(f) considered that the Advisor will also provide administrative services to the fund on a cost basis pursuant to an administrative services agreement;

(g) noted that affiliates of the Advisor will provide transfer agency services and distribution services to the fund, and that the fund's distributor also receives Rule 12b-1 payments to support distribution of
the fund;

(h) noted that the fund's Subadvisor is an affiliate of the Advisor;

(i) noted that the Advisor will derive reputational and other indirect benefits from providing advisory services to the fund;

(j) noted that the subadvisory fee for the fund will be paid by Advisor;

(k) considered the Advisor's ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and

(l) considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it will provide to the fund and the risks that it assumes as Advisor, including
entrepreneurial, operational, reputational, litigation and regulatory risk.

Based upon its review, the Board concluded that the level of profitability, if any, of the Advisor and its affiliates (including the Subadvisor) from their relationship with the fund is reasonable and not excessive.

*<u>Economies of Scale</u>. In considering the extent to which economies of scale would be realized as the fund grows and whether fee levels reflect these economies of scale for the benefit of fund shareholders, the Board:*

23 JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND \|

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

(a) considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise
reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and
allocated among all the participating portfolios in proportion to the daily net assets of each fund;

(b) reviewed the proposed advisory fee structure for the fund and concluded that: (i) the fund's fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as
breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements will permit shareholders of the fund to benefit from economies of scale if the
fund grows. The Board also took into account management's discussion of the fund's advisory fee structure; and

(c) the Board also considered the potential effect of the fund's future growth in size on its performance and fees. The Board also noted that if the fund's assets increase over time, the fund
may realize other economies of scale.

#### Approval of Subadvisory Agreement
In making its determination with respect to approval of the Subadvisory Agreement, the Board reviewed:

(a) information relating to the Subadvisor's business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex);

(b) the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; and

(c) the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data.

*<u>Nature, Extent, and Quality of Services</u>. With respect to the services provided by the Subadvisor, the Board received and reviewed information provided to the Board by the Subadvisor, including the Subadvisor's Form ADV. The Board considered the Subadvisor's current level of staffing and its overall resources, as well as considered information relating to the Subadvisor's compensation program. The Board reviewed the Subadvisor's history and investment experience, as well as information regarding the qualifications, background, and responsibilities of the Subadvisor's investment and compliance personnel who provide services to the fund. The Board considered, among other things, the Subadvisor's compliance program and any disciplinary history. The Board also considered the Subadvisor's risk assessment and monitoring process. The Board reviewed the Subadvisor's regulatory history, including whether it was involved in any regulatory actions or investigations as well as material litigation, and any settlements and amelioratory actions undertaken, as appropriate. The Board noted that the Advisor conducts regular periodic reviews of the Subadvisor and its operations in regard to the Funds, including regarding investment processes and organizational and staffing matters. The Board also noted that the Trust's CCO and his staff conduct regular, periodic compliance reviews with the Subadvisor and present reports to the Independent Trustees regarding the same, which includes evaluating the regulatory compliance systems of the Subadvisor and procedures reasonably designed to assure compliance with the federal securities laws. The Board also took into account the financial condition of the Subadvisor.*

The Board considered the Subadvisor's investment process and philosophy. The Board took into account that the Subadvisor's responsibilities include the development and maintenance of an investment program for the fund that is consistent with the fund's investment objective, the selection of investment securities and the placement of orders for the purchase and sale of such securities, as well as the implementation of compliance controls related to performance of these services. The Board also received information with respect to the Subadvisor's brokerage policies and practices, including with respect to best execution and soft dollars.

\| JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND 24

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

*<u>Subadvisor compensation</u>. In considering the cost of services to be provided by the Subadvisor and the profitability to the Subadvisor of its relationship with the fund, the Board noted that the fees under the Subadvisory Agreement are paid by the Advisor and not the fund.*

The Board also received information and took into account any other potential conflicts of interest the Advisor might have in connection with the Subadvisory Agreement.

In addition, the Board considered other potential indirect benefits that the Subadvisor and its affiliates may receive from the Subadvisor's relationship with the fund, such as the opportunity to provide advisory services to additional funds in the John Hancock Fund Complex and reputational benefits.

*<u>Subadvisory fees</u>. The Board considered that the fund pays an advisory fee to the Advisor and that, in turn, the Advisor pays a subadvisory fee to the Subadvisor. As noted above, the Board also considered the fund's subadvisory fee as compared to similarly situated investment companies deemed to be comparable to the fund, as included in the report prepared by the independent third party provider of fund data, to the extent available. The Board noted that the limited size of the Lipper peer group was not sufficient for comparative purposes. The Board also took into account the subadvisory fees paid by the Advisor to the Subadvisor with respect to the fund and compared them to fees charged by the Subadvisor to manage other subadvised portfolios and portfolios not subject to regulation under the 1940 Act, as applicable.*

*<u>Subadvisor performance</u>. As noted above, the Board considered performance results of comparable funds managed by the Subadvisor against an applicable benchmark. The Board also noted that it reviews at its regularly scheduled meetings information about the performance of other John Hancock Funds managed by the Advisor. The Board noted the Advisor's expertise and resources in monitoring the performance, investment style and risk-adjusted performance of the Subadvisor. The Board was mindful of the Advisor's focus on the Subadvisor's performance. The Board also noted the Subadvisor's long-term performance record for similar accounts, as applicable.*

The Board's decision to approve the Subadvisory Agreement was based on a number of determinations, including the following:

(1) the Subadvisor has extensive experience and demonstrated skills as a manager,

(2) the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund's benchmark index;

(3) the subadvisory fees are reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and

(4) noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit
shareholders to benefit from economies of scale if the fund grows.

\*\*\*

Based on the Board's evaluation of all factors that the Board deemed to be material, including those factors described above, the Board, including the Independent Trustees, concluded that renewal of the Advisory Agreement and the Subadvisory Agreement would be in the best interest of the fund and its shareholders. Accordingly, the Board, and the Independent Trustees voting separately, approved the Advisory Agreement and Subadvisory Agreement for an additional one-year period.

25 JOHN HANCOCK FUNDAMENTAL EQUITY INCOME FUND \|

------

[**Table of Contents**](#JOB_JHF_F_2ea2745d-2e2e-4cc6-b0b0-8e654d7368bd_TofC)

![](imgfca069243.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC

200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

This report is for the information of the shareholders of John Hancock Fundamental Equity Income Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.

MF4873397 490SA 9/25

11/25

------

![](img4f953b4f1.gif)

![](img383c80832.gif)

Semiannual Financial Statements & Other N-CSR Items

## John Hancock

## Global Climate Action Fund
International equity

September 30, 2025

------

John Hancock

Global Climate Action Fund

Table of contents

---

| | |
|:---|:---|
| &nbsp;&nbsp;**2** | &nbsp;&nbsp;[Fund's investments](#xx_94e6d6fb-d761-4e8e-b6d0-9f668fb2736e_1) |
| &nbsp;&nbsp;**4** | &nbsp;&nbsp;[Financial statements](#xx_afa58473-a228-46b1-b7f5-d7937b290e83_1) |
| &nbsp;&nbsp;**7** | &nbsp;&nbsp;[Financial highlights](#xx_b980f297-3335-4be6-98cf-07e75fd01d10_1) |
| &nbsp;&nbsp;**8** | &nbsp;&nbsp;[Notes to financial statements](#xx_8f239d86-2ccf-4b0b-ac01-dc522af00975_1) |
| **14** | &nbsp;&nbsp;[Evaluation of advisory and subadvisory agreements by the Board of Trustees](#xx_a562f540-7f02-4b85-b22e-bd39d7254fca_1) |

---

1 JOHN HANCOCK GLOBAL CLIMATE ACTION FUND \|

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

Fund's investments

#### AS OF 9-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common stocks 99.6%** |  | &nbsp;&nbsp;**$6674996** |
| (Cost $5,744,597) |  |  |
| **Canada 1.0%** |  | &nbsp;&nbsp;**65152** |
| Constellation Software, Inc. | 24 | 65152 |
| **France 5.7%** |  | &nbsp;&nbsp;**384626** |
| Capgemini SE | 670 | 97738 |
| EssilorLuxottica SA | 135 | 43977 |
| Schneider Electric SE | 863 | 242911 |
| **Germany 6.2%** |  | &nbsp;&nbsp;**419129** |
| Deutsche Boerse AG | 432 | 115686 |
| SAP SE | 738 | 197612 |
| Siemens AG | 392 | 105831 |
| **Ireland 3.9%** |  | &nbsp;&nbsp;**260188** |
| Allegion PLC | 900 | 159615 |
| Medtronic PLC | 1056 | 100573 |
| **Japan 1.7%** |  | &nbsp;&nbsp;**111768** |
| Keyence Corp. | 300 | 111768 |
| **Netherlands 3.1%** |  | &nbsp;&nbsp;**205519** |
| Koninklijke Ahold Delhaize NV | 5079 | 205519 |
| **Switzerland 3.9%** |  | &nbsp;&nbsp;**263327** |
| Cie Financiere Richemont SA, A Shares | 1053 | 202141 |
| Givaudan SA | 15 | 61186 |
| **United Kingdom 6.0%** |  | &nbsp;&nbsp;**403303** |
| Intertek Group PLC | 3001 | 191025 |
| London Stock Exchange Group PLC | 1851 | 212278 |
| **United States 68.1%** |  | &nbsp;&nbsp;**4561984** |
| AECOM | 1476 | 192574 |
| Alphabet, Inc., Class A | 1021 | 248205 |
| Amazon.com, Inc. (A) | 676 | 148429 |
| AMETEK, Inc. | 343 | 64484 |
| Applied Materials, Inc. | 608 | 124482 |
| Avery Dennison Corp. | 929 | 150656 |
| Becton, Dickinson and Company | 1278 | 239203 |
| Brown & Brown, Inc. | 2215 | 207745 |
| Cencora, Inc. | 782 | 244398 |
| Cisco Systems, Inc. | 2297 | 157161 |
| Danaher Corp. | 576 | 114198 |
| Johnson Controls International PLC | 1587 | 174491 |
| Lowe's Companies, Inc. | 833 | 209341 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK GLOBAL CLIMATE ACTION FUND 2

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United States (continued)** |  |  |
| Marsh & McLennan Companies, Inc. | 749 | $150946 |
| McDonald's Corp. | 288 | 87520 |
| Meta Platforms, Inc., Class A | 169 | 124110 |
| Microsoft Corp. | 1040 | 538668 |
| Motorola Solutions, Inc. | 181 | 82769 |
| NVIDIA Corp. | 2222 | 414581 |
| Otis Worldwide Corp. | 919 | 84024 |
| Salesforce, Inc. | 283 | 67071 |
| Sysco Corp. | 1864 | 153482 |
| Texas Instruments, Inc. | 841 | 154517 |
| Union Pacific Corp. | 821 | 194060 |
| Visa, Inc., Class A | 688 | 234869 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | **Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 0.7%** |  |  | **$44779** |
| (Cost $44,778) |  |  |  |
| **Short-term funds 0.7%** |  |  | &nbsp;&nbsp;**44779** |
| John Hancock Collateral Trust (B) | 4.0668(C) | 4476 | 44779 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Total investments (Cost $5,789,375) 100.3%** | **$6719775** |
| **Other assets and liabilities, net (0.3%)** | **(19741)** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$6700034** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| (A) | Non-income producing security. |
| (B) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |

---

At 9-30-25, the aggregate cost of investments for federal income tax purposes was $5,797,422. Net unrealized appreciation aggregated to $922,353, of which $1,021,317 related to gross unrealized appreciation and $98,964 related to gross unrealized depreciation.

The fund had the following sector composition as a percentage of total investments on 9-30-25:

---

| | |
|:---|:---|
| Information technology | &nbsp;&nbsp;&nbsp;&nbsp;30.0% |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;21.0% |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;13.7% |
| Health care | &nbsp;&nbsp;&nbsp;&nbsp;11.1% |
| Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;9.7% |
| Communication services | &nbsp;&nbsp;&nbsp;&nbsp;5.5% |
| Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;5.4% |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;3.2% |
| Short-term investments and other | &nbsp;&nbsp;&nbsp;&nbsp;0.4% |
| **TOTAL** | **100.0%** |

---

3 JOHN HANCOCK GLOBAL CLIMATE ACTION FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

Financial statements

#### STATEMENT OF ASSETS AND LIABILITIES 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Assets** |  |
| Unaffiliated investments, at value (Cost $5,744,597) | &nbsp;&nbsp;&nbsp;&nbsp;$6674996 |
| Affiliated investments, at value (Cost $44,778) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44779 |
| **Total investments, at value (Cost $5,789,375)** | &nbsp;&nbsp;&nbsp;&nbsp;**6719775** |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459 |
| Foreign currency, at value (Cost $10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 |
| Dividends and interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5606 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66685 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367 |
| Other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29 |
| **Total assets** | &nbsp;&nbsp;&nbsp;&nbsp;**6792931** |
| **Liabilities** |  |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65618 |
| Payable to affiliates |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 |
| Other liabilities and accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26469 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**92897** |
| **Net assets** | &nbsp;&nbsp;**$6700034** |
| **Net assets consist of** |  |
| Paid-in capital | &nbsp;&nbsp;&nbsp;&nbsp;$5360547 |
| Total distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;1339487 |
| **Net assets** | &nbsp;&nbsp;**$6700034** |
| **Net asset value per share** |  |
| Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value |  |
| Class I ($6,700,034 ÷ 532,993 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.57 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Global Climate Action Fund 4

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

#### STATEMENT OF OPERATIONS For the six months ended 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Investment income** |  |
| Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$60223 |
| Dividends from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1126 |
| Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3562) |
| **Total investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**57787** |
| **Expenses** |  |
| Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27065 |
| Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624 |
| Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3543 |
| Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 |
| Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5538 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8756 |
| Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30660 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6452 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**82748** |
| Less expense reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52457) |
| **Net expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30291** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**27496** |
| **Realized and unrealized gain (loss)** |  |
| **Net realized gain (loss) on** |  |
| Unaffiliated investments and foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;292558 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**292554** |
| **Change in net unrealized appreciation (depreciation) of** |  |
| Unaffiliated investments and translation of assets and liabilities in foreign currencies | &nbsp;&nbsp;&nbsp;&nbsp;478481 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**478482** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;&nbsp;&nbsp;**771036** |
| **Increase in net assets from operations** | &nbsp;&nbsp;**$798532** |

---

5 JOHN HANCOCK Global Climate Action Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

#### STATEMENTS OF CHANGES IN NET ASSETS

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended<br> 9-30-25<br> (unaudited)** | &nbsp;&nbsp;**Year ended<br> 3-31-25** |
| **Increase (decrease) in net assets** |  |  |
| **From operations** |  |  |
| Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$24613 |
| Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387978 |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(74845) |
| **Increase in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**798532** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**337746** |
| **Distributions to shareholders** |  |  |
| From earnings |  |  |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(365235) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(365235)** |
| **From fund share transactions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**365235** |
| **Total increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**798532** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**337746** |
| **Net assets** |  |  |
| Beginning of period | &nbsp;&nbsp;&nbsp;&nbsp;5901502 | &nbsp;&nbsp;&nbsp;&nbsp;5563756 |
| **End of period** | &nbsp;&nbsp;**$6700034** | &nbsp;&nbsp;**$5901502** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Global Climate Action Fund 6

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

Financial highlights

---

| | | | |
|:---|:---|:---|:---|
| **CLASS I SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-24<sup>2</sup>** |
| **Per share operating performance** |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.13** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.00** |
| Net investment income (loss)<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.50** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.67** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.13** |
| **Less distributions** |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.68) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.73)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$12.57** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.13** |
| **Total return (%)<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.55<sup>5</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.02** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.30<sup>5</sup>** |
| **Ratios and supplemental data** |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 |
| Ratios (as a percentage of average net assets): |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.66<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.98<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20)<sup>6</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> Period from 12-19-23 (commencement of operations) to 3-31-24.

<sup>3</sup> Based on average daily shares outstanding.

<sup>4</sup> Total returns would have been lower had certain expenses not been reduced during the period.

<sup>5</sup> Not annualized.

<sup>6</sup> Annualized.

<sup>7</sup> Annualized. Certain expenses are presented unannualized.

7 JOHN HANCOCK Global Climate Action Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

Notes to financial statements (unaudited)

#### Note 1 — Organization
John Hancock Global Climate Action Fund (the fund) is a series of John Hancock Investment Trust (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the fund is to seek to provide long-term capital growth by investing in a diversified portfolio of Climate Leaders. Climate Leaders are issuers that the manager determines are aligned with the principles of the Paris Agreement, an international treaty that aims to strengthen the global response to the threat of climate change. For further information on the fund's investment objective and strategy, see the fund's prospectus. Unless otherwise indicated, defined terms have the same meaning as set forth in the fund's prospectus.

The fund may offer multiple classes of shares. The shares currently outstanding are detailed in the Statement of assets and liabilities. Class I shares are offered to institutions and certain investors. Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, if any, and transfer agent fees for each class may differ.

#### Note 2 — Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The fund qualifies as an investment company under Topic 946 of Accounting Standards Codification of US GAAP.

Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the fund:

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund's valuation designee.**

In order to value the securities, the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee,

\| JOHN HANCOCK Global Climate Action Fund 8

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.

The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the fund's investments as of September 30, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| **Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$65152** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$65152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**384626** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$384626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**419129** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**260188** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**111768** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**205519** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**263327** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**403303** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United States | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4561984** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4561984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Short-term investments** | **44779** | 44779 |  |  |
| **Total investments in securities** | **$6719775** | **$4932103** | **$1787672** | **—** |

---

**Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.**

**Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized**

9 JOHN HANCOCK Global Climate Action Fund \|

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.

Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.

**Foreign taxes. The fund may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the fund as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.**

**Overdraft. The fund may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the fund's custodian agreement, the custodian may loan money to the fund to make properly authorized payments. The fund is obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law.**

**Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund's relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.**

**Federal income taxes. The fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.**

As of March 31, 2025, the fund had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The fund's federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.

**Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The fund generally declares and pays dividends annually. Capital gain distributions, if any, are typically distributed annually.**

Such distributions, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the fund's financial statements as a return of capital. The final determination of tax characteristics of the fund's distribution will occur at the end of the year and will subsequently be reported to shareholders.

Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to wash sale loss deferrals.

\| JOHN HANCOCK Global Climate Action Fund 10

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

#### Note 3 — Guarantees and indemnifications
Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the fund. Additionally, in the normal course of business, the fund enters into contracts with service providers that contain general indemnification clauses. The fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the fund that have not yet occurred. The risk of material loss from such claims is considered remote.

#### Note 4 — Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the fund. John Hancock Investment Management Distributors LLC (the Distributor), an affiliate of the Advisor, serves as principal underwriter of the fund. The Advisor and the Distributor are indirect, principally owned subsidiaries of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation.

**Management fee. The fund has an investment management agreement with the Advisor under which the fund pays a daily management fee to the Advisor equivalent on an annual basis to the sum of: (a) 0.850% of the first $500 million of the fund's average daily net assets; and (b) 0.830% of the fund's average daily net assets in excess of $500 million. The Advisor has a subadvisory agreement with Manulife Investment Management (US) LLC, an indirectly owned subsidiary of Manulife Financial Corporation and an affiliate of the Advisor. Prior to June 30, 2025, the Advisor had a subadvisory agreement with Manulife Investment Management (North America) Limited, also an indirectly owned subsidiary of Manulife Financial Corporation and an affiliate of the Advisor. The fund is not responsible for payment of the subadvisory fees.**

The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the fund (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund. During the six months ended September 30, 2025, this waiver amounted to 0.01% of the fund's average daily net assets, on an annualized basis. This agreement expires on July 31, 2027, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

The Advisor has contractually agreed to reduce its management fee or, if necessary, make payment to the fund, in an amount equal to the amount by which expenses of the fund exceed 0.84% of average daily net assets of the fund. For purposes of this agreement, expenses of the fund means all fund expenses, excluding (a) taxes, (b) brokerage commissions, (c) interest expense, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the fund's business, (e) class-specific expenses, (f) borrowing costs, (g) prime brokerage fees, (h) acquired fund fees and expenses paid indirectly, and (i) short dividend expense. This agreement expires on July 31, 2026, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time

The expense reductions described above amounted to $52,457 for the six months ended September 30, 2025.

Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.

The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the six months ended September 30, 2025, were equivalent to a net annual effective rate of 0.00% of the fund's average daily net assets.

11 JOHN HANCOCK Global Climate Action Fund \|

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

**Accounting and legal services. Pursuant to a service agreement, the fund reimburses the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These accounting and legal services fees incurred, for the six months ended September 30, 2025, amounted to an annual rate of 0.02% of the fund's average daily net assets.**

**Transfer agent fees. The John Hancock group of funds has a complex-wide transfer agent agreement with John Hancock Signature Services, Inc. (Signature Services), an affiliate of the Advisor. The transfer agent fees paid to Signature Services are determined based on the cost to Signature Services (Signature Services Cost) of providing recordkeeping services. It also includes out-of-pocket expenses, including payments made to third-parties for recordkeeping services provided to their clients who invest in one or more John Hancock funds. In addition, Signature Services Cost may be reduced by certain fees that Signature Services receives in connection with retirement and small accounts. Signature Services Cost is calculated monthly and allocated, as applicable, to three categories of share classes: Retail Share Classes of Non-Municipal Bond Funds, Retirement Share Classes and Retail Share Classes of Municipal Bond Funds. Within each of these categories, the applicable costs are allocated to the affected John Hancock affiliated funds and/or classes, based on the relative average daily net assets.**

**Trustee expenses. The fund compensates each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to the fund based on its net assets relative to other funds within the John Hancock group of funds complex.**

#### Note 5 — Fund share transactions
Transactions in fund shares for the six months ended September 30, 2025 and for the year ended March 31, 2025 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** |
| **Class I shares** |  |  |  |  |
| Distributions reinvested | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;32993 | &nbsp;&nbsp;&nbsp;&nbsp;$365235 |
| **Net increase** | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;**32993** | &nbsp;&nbsp;&nbsp;**$365235** |
| **Total net increase (decrease)** | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**32993** | &nbsp;&nbsp;**$365235** |

---

Affiliates of the fund owned 100% of shares of Class I on September 30, 2025. Such concentration of shareholders' capital could have a material effect on the fund if such shareholders redeem from the fund.

#### Note 6 — Purchase and sale of securities
Purchases and sales of securities, other than short-term investments, amounted to $3,669,647 and $3,649,819, respectively, for the six months ended September 30, 2025.

#### Note 7 — Industry or sector risk
The fund may invest a large percentage of its assets in one or more particular industries or sectors of the economy. If a large percentage of the fund's assets are economically tied to a single or small number of industries or sectors of the economy, the fund will be less diversified than a more broadly diversified fund, and it may cause the fund to underperform if that industry or sector underperforms. In addition, focusing on a particular industry or sector may make the fund's NAV more volatile. Further, a fund that invests in particular industries or sectors is particularly susceptible to the impact of market, economic, regulatory and other factors affecting those industries or sectors.

\| JOHN HANCOCK Global Climate Action Fund 12

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

#### Note 8 — Investment in affiliated underlying funds
The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund's fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| John Hancock Collateral Trust | 4476 | $54938 | $772871 | $(783027) | $(4) | $1 | $1126 |  | $44779 |

---

#### Note 9 — Environmentally focused and environmental, social, and governance (ESG) investing risks
The fund's environmental criteria limit the available investments compared to funds with no such criteria. The fund's incorporation of environmental criteria may affect the fund's exposure to certain sectors and/or types of investments, and under certain economic conditions, this could cause the fund to underperform funds that invest in a broader array of investments depending on whether such sectors or investments are in or out of favor in the market. The data provided by third parties may be incomplete, inaccurate or unavailable, which could cause the manager to incorrectly assess environmental data related to a particular company.

Incorporating ESG criteria and investing primarily in instruments that have certain ESG characteristics, as determined by the manager, carries the risk that the fund may perform differently, including underperforming, funds that do not utilize an ESG investment strategy, or funds that utilize different ESG criteria. Although the manager has established its own process for evaluation of ESG factors, successful application of the fund's sustainable investment strategy will depend on the manager's skill in researching, identifying and analyzing material ESG issues, as well as on the availability of relevant data. ESG factors may be evaluated differently by different managers, and may not carry the same meaning to all investors and managers. The regulatory landscape with respect to ESG investing in the United States is evolving and any future rules or regulations may require the fund to change its investment process with respect to ESG integration.

#### Note 10 — Segment reporting
The management committee of the Advisor acts as the fund's chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. The fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund's long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund's subadvisor. Segment assets are reflected in the Statement of assets and liabilities as "Total assets", which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statement of operations, which includes "Increase (decrease) in net assets from operations", Statements of changes in net assets, which includes "Increase (decrease) in net assets from fund share transactions", and Financial highlights, which includes total return and income and expense ratios.

13 JOHN HANCOCK Global Climate Action Fund \|

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

#### EVALUATION OF ADVISORY AND SUBADVISORY AGREEMENTS BY THE BOARD OF TRUSTEES

------

#### Approval of Advisory and Subadvisory Agreements
This section describes the evaluation by the Board of Trustees (the Board) of John Hancock Investment Trust (the Trust) of the Advisory Agreement (the Advisory Agreement) with John Hancock Investment Management, LLC (the Advisor) and the Subadvisory Agreement (the Subadvisory Agreement) with Manulife Investment Management (US) LLC (the Subadvisor), for John Hancock Global Climate Action Fund (the fund). The Advisory Agreement and Subadvisory Agreement are collectively referred to as the Agreements. Prior to the June 23-26, 2025 meeting at which the Agreements were approved, the Board also discussed and considered information regarding the proposed continuation of the Agreements at the meeting held on May 27 – May 29, 2025. The Trustees who are not "interested persons" of the Trust as defined by the Investment Company Act of 1940, as amended (the 1940 Act) (the Independent Trustees) also met separately to evaluate and discuss the information presented, including with counsel to the Independent Trustees and a third-party consulting firm.

At a meeting held on June 23-26, 2025, the Board, including the Trustees who are not parties to any Agreement or considered to be interested persons of the Trust under the 1940 Act, reapproved for an annual period the continuation of the Advisory Agreement between the Trust and the Advisor and the Subadvisory Agreement between the Advisor and the Subadvisor with respect to the fund.

In considering the Advisory Agreement and the Subadvisory Agreement, the Board received in advance of the meeting a variety of materials relating to the fund, the Advisor and the Subadvisor, including comparative performance, fee and expense information for a peer group of similar funds prepared by an independent third-party provider of fund data, performance information for an applicable benchmark index; and, with respect to the Subadvisor, comparative performance information for comparatively managed accounts, as applicable, and other information provided by the Advisor and the Subadvisor regarding the nature, extent, and quality of services to be provided by the Advisor and the Subadvisor under their respective Agreements, as well as information regarding the Advisor's anticipated revenues and costs of providing services to the fund and any compensation paid to affiliates of the Advisor. At the meetings at which the renewal of the Advisory Agreement and Subadvisory Agreement are considered, particular focus is given to information concerning fund performance, comparability of fees and total expenses, and profitability. However, the Board noted that the evaluation process with respect to the Advisor and the Subadvisor is an ongoing one. In this regard, the Board also took into account discussions with management and information provided to the Board (including its various committees) at prior meetings with respect to the services provided by the Advisor and the Subadvisor to the fund, including quarterly performance reports prepared by management containing reviews of investment results and prior presentations from the Subadvisor with respect to the fund. The information received and considered by the Board in connection with the May and June meetings and throughout the year was both written and oral. The Board noted the affiliation of the Subadvisor with the Advisor, noting any potential conflicts of interest. The Board also considered the nature, quality, and extent of the non-advisory services, if any, to be provided to the fund by the Advisor's affiliates, including distribution services. The Board considered the Advisory Agreement and the Subadvisory Agreement separately in the course of its review. In doing so, the Board noted the respective roles of the Advisor and Subadvisor in providing services to the fund.

Throughout the process, the Board asked questions of and were afforded the opportunity to request additional information from management. The Board is assisted by counsel for the Trust and the Independent Trustees are also separately assisted by independent legal counsel throughout the process. The Independent Trustees also received a memorandum from their independent legal counsel discussing the legal standards for their consideration of the proposed continuation of the Agreements and discussed the proposed continuation of the Agreements in private sessions with their independent legal counsel at which no representatives of management were present.

\| JOHN HANCOCK GLOBAL CLIMATE ACTION FUND 14

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

#### Approval of Advisory Agreement
In approving the Advisory Agreement with respect to the fund, the Board, including the Independent Trustees, considered a variety of factors, including those discussed below. The Board also considered other factors (including conditions and trends prevailing generally in the economy, the securities markets, and the industry) and did not treat any single factor as determinative, and each Trustee may have attributed different weights to different factors. The Board's conclusions may be based in part on its consideration of the advisory and subadvisory arrangements in prior years and on the Board's ongoing regular review of fund performance and operations throughout the year.

*<u>Nature, extent, and quality of services.</u> Among the information received by the Board from the Advisor relating to the nature, extent and quality of services to be provided to the fund, the Board reviewed information provided by the Advisor relating to its operations and personnel, descriptions of its organizational and management structure, and information regarding the Advisor's compliance and regulatory history, including its Form ADV. The Board also noted that on a regular basis it receives and reviews information from the Trust's Chief Compliance Officer (CCO) regarding the Funds' compliance policies and procedures established pursuant to Rule 38a-1 under the 1940 Act. The Board observed that the scope of services provided by the Advisor, and of the undertakings required of the Advisor in connection with those services, including maintaining and monitoring its own and the fund's compliance programs, risk management programs, liquidity risk management programs, derivatives risk management programs, and cybersecurity programs, had expanded over time as a result of regulatory, market and other developments. The Board considered that the Advisor would be responsible for the management of the day-to-day operations of the fund, including, but not limited to, general supervision and coordination of the services provided by the Subadvisor, and is also responsible for monitoring and reviewing the activities of the Subadvisor and other third-party service providers. The Board also considered the significant risks assumed by the Advisor in connection with the services provided to the fund including entrepreneurial risk in sponsoring new funds and ongoing risks including investment, operational, enterprise, litigation, regulatory and compliance risks with respect to all funds.*

In considering the nature, extent and quality of the services provided by the Advisor, the Trustees also took into account their knowledge of the Advisor's management and the quality of the performance of the Advisor's duties, through Board meetings, discussions and reports during the preceding year and through each Trustee's experience as a Trustee of the Trust and of the other trusts in the John Hancock group of funds complex (the John Hancock Fund Complex).

In the course of their deliberations regarding the Advisory Agreement, the Board considered, among other things:

(a) the skills and competency with which the Advisor has in the past managed the Trust's affairs and its subadvisory relationships, the Advisor's oversight and monitoring of the subadvisors' investment
performance and compliance programs, such as the subadvisors' compliance with fund policies and objectives; review of brokerage matters, including with respect to trade allocation and best execution; and the
Advisor's timeliness in responding to performance issues;

(b) the background, qualifications, and skills of the Advisor's personnel;

(c) the Advisor's compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments;

(d) the Advisor's administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor's oversight of any securities lending activity, its
monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund;

(e) the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund;

15 JOHN HANCOCK GLOBAL CLIMATE ACTION FUND \|

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

(f) the Advisor's initiatives intended to improve various aspects of the Trust's operations and investor experience with the fund; and

(g) the Advisor's reputation and experience in serving as an investment advisor to the Trust, and the benefit to shareholders of investing in funds that are part of a family of funds offering a
variety of investments.

The Board concluded that the Advisor may reasonably be expected to provide a high quality of services under the Advisory Agreement with respect to the fund.

*<u>Investment performance</u>. Investment performance. In considering the fund's performance, the Board noted that it reviews at its regularly scheduled meetings information about the fund's performance results. In connection with the consideration of the Advisory Agreement, the Board:*

(a) reviewed information prepared by management regarding the fund's performance;

(b) considered the comparative performance of an applicable benchmark index;

(c) considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and

(d) took into account the Advisor's analysis of the fund's performance and its plans and recommendations regarding the Trust's subadvisory arrangements generally.

The Board noted that while it found the data provided by the independent third-party generally useful it recognized its limitations, including in particular that data may vary depending on the end date selected and the results of the performance comparisons may vary depending on the selection of the peer group. The Board noted that the fund underperformed its benchmark index for the one-year period ended December 31, 2024. The Board also noted that the fund outperformed relative to its peer group median for the one-year period ended December 31, 2024.The Board took into account management's discussion of the fund's performance, including the favorable performance relative to its peer group median for the one-year period. The Board concluded that the fund's performance has generally been in line with or outperformed the historical performance of comparable funds.

*<u>Fees and expenses.</u> The Board reviewed comparative information prepared by an independent third-party provider of fund data, including, among other data, the fund's contractual and net management fees (and subadvisory fees, to the extent available) and total expenses as compared to similarly situated investment companies deemed to be comparable to the fund in light of the nature, extent and quality of the management and advisory and subadvisory services provided by the Advisor and the Subadvisor. The Board considered the fund's ranking within a smaller group of peer funds chosen by the independent third-party provider, as well as the fund's ranking within a broader group of funds. In comparing the fund's contractual and net management fees to those of comparable funds, the Board noted that such fees include both advisory and administrative costs. The Board noted that net management fees are equal to the median and net total expenses for the fund are higher than the peer group median.*

The Board took into account management's discussion of the fund's expenses. The Board took into account management's discussion with respect to the overall management fee and the fees of the Subadvisor, including the amount of the advisory fee retained by the Advisor after payment of the subadvisory fee, in each case in light of the services rendered for those amounts and the risks undertaken by the Advisor. The Board also noted that the Advisor pays the subadvisory fee. In addition, the Board took into account that management had agreed to implement an overall fee waiver across the complex, including the fund, which is discussed further below. The Board also noted actions taken over the past several years to reduce the fund's operating expenses. The Board also noted that, in addition, the fund has breakpoints in its contractual management fee schedule that reduces management fees as assets increase. The Board also noted that the fund's distributor, an affiliate of the Advisor, has agreed to waive a portion of its Rule 12b-1 fee for a share class of the fund. The Board reviewed information provided by the Advisor concerning the investment advisory fee charged by the Advisor or one of its advisory

\| JOHN HANCOCK GLOBAL CLIMATE ACTION FUND 16

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

affiliates to other clients (including other funds in the John Hancock Fund Complex) having similar investment mandates, if any. The Board considered any differences between the Advisor's and Subadvisor's services to the fund and the services they provide to other comparable clients or funds.

The Board concluded that the advisory fee paid with respect to the fund is reasonable in light of the nature, extent and quality of the services provided to the fund under the Advisory Agreement.

*<u>Profitability/Fall out benefits</u>.In considering the costs of the services to be provided and the profits to be realized by the Advisor and its affiliates (including the subadvisor) from the Advisor's relationship with the Trust, the Board:*

(a) reviewed financial information of the Advisor;

(b) reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund;

(c) received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund;

(d) received information with respect to the Advisor's allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an
analysis of the Advisor's allocation methodologies;

(e) considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating
to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are
reflected in the profitability information reviewed by the Board;

(f) considered that the Advisor will also provide administrative services to the fund on a cost basis pursuant to an administrative services agreement;

(g) noted that affiliates of the Advisor will provide transfer agency services and distribution services to the fund, and that the fund's distributor also receives Rule 12b-1 payments to support distribution of
the fund;

(h) noted that the fund's Subadvisor is an affiliate of the Advisor;

(i) noted that the Advisor will derive reputational and other indirect benefits from providing advisory services to the fund;

(j) noted that the subadvisory fee for the fund will be paid by Advisor;

(k) considered the Advisor's ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and

(l) considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it will provide to the fund and the risks that it assumes as Advisor, including
entrepreneurial, operational, reputational, litigation and regulatory risk.

Based upon its review, the Board concluded that the level of profitability, if any, of the Advisor and its affiliates (including the Subadvisor) from their relationship with the fund is reasonable and not excessive.

*<u>Economies of scale.In considering the extent to which economies of scale would be realized as the fund grows and whether fee levels reflect these economies of scale for the benefit of fund shareholders, the Board:</u>*

17 JOHN HANCOCK GLOBAL CLIMATE ACTION FUND \|

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

(a) considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise
reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and
allocated among all the participating portfolios in proportion to the daily net assets of each fund;

(b) reviewed the proposed advisory fee structure for the fund and concluded that: (i) the fund's fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as
breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements will permit shareholders of the fund to benefit from economies of scale if the
fund grows. The Board also took into account management's discussion of the fund's advisory fee structure; and

(c) the Board also considered the potential effect of the fund's future growth in size on its performance and fees. The Board also noted that if the fund's assets increase over time, the fund
may realize other economies of scale.

#### Approval of Subadvisory Agreement
In making its determination with respect to approval of the Subadvisory Agreement, the Board reviewed:

(a) information relating to the Subadvisor's business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex);

(b) the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; and

(c) the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data.

*<u>Nature, extent, and quality of services.</u> With respect to the services provided by the Subadvisor, the Board received and reviewed information provided to the Board by the Subadvisor, including the Subadvisor's Form ADV. The Board considered the Subadvisor's current level of staffing and its overall resources, as well as considered information relating to the Subadvisor's compensation program. The Board reviewed the Subadvisor's history and investment experience, as well as information regarding the qualifications, background, and responsibilities of the Subadvisor's investment and compliance personnel who provide services to the fund. The Board considered, among other things, the Subadvisor's compliance program and any disciplinary history. The Board also considered the Subadvisor's risk assessment and monitoring process. The Board reviewed the Subadvisor's regulatory history, including whether it was involved in any regulatory actions or investigations as well as material litigation, and any settlements and amelioratory actions undertaken, as appropriate. The Board noted that the Advisor conducts regular periodic reviews of the Subadvisor and its operations in regard to the Funds, including regarding investment processes and organizational and staffing matters. The Board also noted that the Trust's CCO and his staff conduct regular, periodic compliance reviews with the Subadvisor and present reports to the Independent Trustees regarding the same, which includes evaluating the regulatory compliance systems of the Subadvisor and procedures reasonably designed to assure compliance with the federal securities laws. The Board also took into account the financial condition of the Subadvisor.*

The Board considered the Subadvisor's investment process and philosophy. The Board took into account that the Subadvisor's responsibilities include the development and maintenance of an investment program for the fund that is consistent with the fund's investment objective, the selection of investment securities and the placement of orders for the purchase and sale of such securities, as well as the implementation of compliance controls related to performance of these services. The Board also received information with respect to the Subadvisor's brokerage policies and practices, including with respect to best execution and soft dollars.

\| JOHN HANCOCK GLOBAL CLIMATE ACTION FUND 18

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

*<u>Subadvisor compensation</u>. In considering the cost of services to be provided by the Subadvisor and the profitability to the Subadvisor of its relationship with the fund, the Board noted that the fees under the Subadvisory Agreement are paid by the Advisor and not the fund.*

The Board also received information and took into account any other potential conflicts of interest the Advisor might have in connection with the Subadvisory Agreement.

In addition, the Board considered other potential indirect benefits that the Subadvisor and its affiliates may receive from the Subadvisor's relationship with the fund, such as the opportunity to provide advisory services to additional funds in the John Hancock Fund Complex and reputational benefits.

In addition, the Board considered other potential indirect benefits that the Subadvisor and its affiliates may receive from the Subadvisor's relationship with the New Fund, such as the opportunity to provide advisory services to additional funds in the John Hancock Fund Complex and reputational benefits.

*<u>Subadvisory fees</u>. The Board considered that the fund pays an advisory fee to the Advisor and that, in turn, the Advisor pays a subadvisory fee to the Subadvisor. As noted above, the Board also considered the fund's subadvisory fee as compared to similarly situated investment companies deemed to be comparable to the fund, as included in the report prepared by the independent third party provider of fund data, to the extent available. The Board noted that the limited size of the Lipper peer group was not sufficient for comparative purposes. The Board also took into account the subadvisory fees paid by the Advisor to the Subadvisor with respect to the fund and compared them to fees charged by the Subadvisor to manage other subadvised portfolios and portfolios not subject to regulation under the 1940 Act, as applicable.*

*<u>Subadvisor performance</u>. As noted above, the Board considered performance results of comparable funds managed by the Subadvisor against an applicable benchmark. The Board also noted that it reviews at its regularly scheduled meetings information about the performance of other John Hancock Funds managed by the Advisor. The Board noted the Advisor's expertise and resources in monitoring the performance, investment style and risk-adjusted performance of the Subadvisor. The Board was mindful of the Advisor's focus on the Subadvisor's performance. The Board also noted the Subadvisor's long-term performance record for similar accounts, as applicable.*

The Board's decision to approve the Subadvisory Agreement was based on a number of determinations, including the following:

(1) the Subadvisor has extensive experience and demonstrated skills as a manager,

(2) the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds;

(3) the subadvisory fees are reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and

(4) noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit
shareholders to benefit from economies of scale if the fund grows.

\*\*\*

Based on the Board's evaluation of all factors that the Board deemed to be material, including those factors described above, the Board, including the Independent Trustees, concluded that renewal of the Advisory Agreement and the Subadvisory Agreement would be in the best interest of the fund and its shareholders. Accordingly, the Board, and the Independent Trustees voting separately, approved the Advisory Agreement and Subadvisory Agreement for an additional one-year period.

19 JOHN HANCOCK GLOBAL CLIMATE ACTION FUND \|

------

[**Table of Contents**](#JOB_JHF_G_095209c2-be85-4b90-9160-ac21c1bdc9f4_TofC)

![](imgaf6a6ff13.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC

200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

This report is for the information of the shareholders of John Hancock Global Climate Action Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.

491SA 9/25

11/25

------

![](img1e7f02e91.gif)

![](img8a07674a2.gif)

Semiannual Financial Statements & Other N-CSR Items

## John Hancock

## Mid Cap Growth Fund
U.S. equity

September 30, 2025

------

John Hancock

Mid Cap Growth Fund

Table of contents

---

| | |
|:---|:---|
| &nbsp;&nbsp;**2** | &nbsp;&nbsp;[Fund's investments](#xx_030edade-1c64-4332-b8d5-5684922ef6ea_1) |
| &nbsp;&nbsp;**6** | &nbsp;&nbsp;[Financial statements](#xx_322d8e9d-3fc5-4351-b12a-46e91226e333_1) |
| &nbsp;&nbsp;**9** | &nbsp;&nbsp;[Financial highlights](#xx_9a960fde-f08c-4ffb-aeeb-1df5620b28db_1) |
| **14** | &nbsp;&nbsp;[Notes to financial statements](#xx_87e0693c-9db6-4af7-a372-6944e047b165_1) |
| **22** | &nbsp;&nbsp;[Evaluation of advisory and subadvisory agreements by the Board of Trustees](#xx_7c7b4cdd-b22c-471c-83bd-a3e1e00a51d3_1) |

---

1 JOHN HANCOCK MID CAP GROWTH FUND \|

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

Fund's investments

#### AS OF 9-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common stocks 97.5%** |  | &nbsp;&nbsp;**$1220977665** |
| (Cost $988,789,006) |  |  |
| **Communication services 10.7%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**134081595** |
| **Entertainment 8.9%** |  |  |
| Liberty Media Corp.-Liberty Formula One, Series C (A) | 374629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39129999 |
| Live Nation Entertainment, Inc. (A) | 188322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30771815 |
| ROBLOX Corp., Class A (A) | 296564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41080045 |
| **Interactive media and services 1.8%** |  |  |
| Reddit, Inc., Class A (A) | 100438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23099736 |
| **Consumer discretionary 20.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**252985712** |
| **Broadline retail 1.2%** |  |  |
| Ollie's Bargain Outlet Holdings, Inc. (A) | 114916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14755214 |
| **Hotels, restaurants and leisure 12.3%** |  |  |
| Carnival Corp. (A) | 675388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19525467 |
| Cava Group, Inc. (A) | 82606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4990228 |
| DraftKings, Inc., Class A (A) | 811470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30348978 |
| Flutter Entertainment PLC (A) | 60669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15409926 |
| Hilton Worldwide Holdings, Inc. | 23912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6203729 |
| Life Time Group Holdings, Inc. (A) | 615589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16990256 |
| Marriott International, Inc., Class A | 103529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26963093 |
| Royal Caribbean Cruises, Ltd. | 104605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33848086 |
| **Specialty retail 4.1%** |  |  |
| Chewy, Inc., Class A (A) | 606872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24547972 |
| Dick's Sporting Goods, Inc. | 57326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12738984 |
| Five Below, Inc. (A) | 87285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13502990 |
| **Textiles, apparel and luxury goods 2.6%** |  |  |
| On Holding AG, Class A (A) | 593134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25119225 |
| Tapestry, Inc. | 71026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8041564 |
| **Consumer staples 1.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12321109** |
| **Consumer staples distribution and retail 1.0%** |  |  |
| U.S. Foods Holding Corp. (A) | 160808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12321109 |
| **Energy 3.3%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**41767279** |
| **Oil, gas and consumable fuels 3.3%** |  |  |
| Cameco Corp. | 53582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4493387 |
| Coterra Energy, Inc. | 237146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5608503 |
| Diamondback Energy, Inc. | 44216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6327310 |
| Targa Resources Corp. | 151236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25338079 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MID CAP GROWTH FUND 2

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Financials 7.4%** |  | **$92961326** |
| **Capital markets 7.4%** |  |  |
| Evercore, Inc., Class A | 63247 | &nbsp;&nbsp;&nbsp;21334478 |
| Interactive Brokers Group, Inc., Class A | 409665 | &nbsp;&nbsp;&nbsp;28189049 |
| KKR & Company, Inc. | 134287 | &nbsp;&nbsp;&nbsp;17450596 |
| Tradeweb Markets, Inc., Class A | 229835 | &nbsp;&nbsp;&nbsp;25507088 |
| **Financial services 0.0%** |  |  |
| Klarna Group PLC (A)(B) | 13100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480115 |
| **Health care 11.5%** |  | **143644265** |
| **Biotechnology 6.7%** |  |  |
| Argenx SE, ADR (A) | 17710 | &nbsp;&nbsp;&nbsp;13062188 |
| Exact Sciences Corp. (A) | 406172 | &nbsp;&nbsp;&nbsp;22221670 |
| Ionis Pharmaceuticals, Inc. (A) | 98627 | &nbsp;&nbsp;&nbsp;&nbsp;6452178 |
| Natera, Inc. (A) | 207546 | &nbsp;&nbsp;&nbsp;33408680 |
| United Therapeutics Corp. (A) | 21382 | &nbsp;&nbsp;&nbsp;&nbsp;8963548 |
| **Health care equipment and supplies 0.8%** |  |  |
| Glaukos Corp. (A) | 126370 | &nbsp;&nbsp;&nbsp;10305474 |
| **Health care providers and services 1.6%** |  |  |
| The Ensign Group, Inc. | 112575 | &nbsp;&nbsp;&nbsp;19449583 |
| **Health care technology 2.3%** |  |  |
| Veeva Systems, Inc., Class A (A) | 94417 | &nbsp;&nbsp;&nbsp;28127768 |
| **Pharmaceuticals 0.1%** |  |  |
| Structure Therapeutics, Inc., ADR (A)(B) | 59042 | &nbsp;&nbsp;&nbsp;&nbsp;1653176 |
| **Industrials 16.2%** |  | **203070656** |
| **Aerospace and defense 5.7%** |  |  |
| Axon Enterprise, Inc. (A) | 31267 | &nbsp;&nbsp;&nbsp;22438450 |
| Howmet Aerospace, Inc. | 196822 | &nbsp;&nbsp;&nbsp;38622381 |
| Kratos Defense & Security Solutions, Inc. (A) | 114018 | &nbsp;&nbsp;&nbsp;10417825 |
| **Air freight and logistics 1.4%** |  |  |
| CH Robinson Worldwide, Inc. | 131441 | &nbsp;&nbsp;&nbsp;17402788 |
| **Commercial services and supplies 1.4%** |  |  |
| Clean Harbors, Inc. (A) | 77142 | &nbsp;&nbsp;&nbsp;17913915 |
| **Construction and engineering 2.1%** |  |  |
| Quanta Services, Inc. | 62593 | &nbsp;&nbsp;&nbsp;25939791 |
| **Electrical equipment 3.0%** |  |  |
| Vertiv Holdings Company, Class A | 249799 | &nbsp;&nbsp;&nbsp;37684677 |
| **Professional services 1.0%** |  |  |
| Paycom Software, Inc. | 63296 | &nbsp;&nbsp;&nbsp;13174429 |
| **Trading companies and distributors 1.6%** |  |  |
| FTAI Aviation, Ltd. | 116723 | &nbsp;&nbsp;&nbsp;19476400 |

---

3 JOHN HANCOCK MID CAP GROWTH FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Information technology 22.7%** |  | **$283582533** |
| **Electronic equipment, instruments and components 8.9%** |  |  |
| Celestica, Inc. (A) | 154395 | &nbsp;&nbsp;&nbsp;&nbsp;38039840 |
| Cognex Corp. | 355996 | &nbsp;&nbsp;&nbsp;&nbsp;16126619 |
| Corning, Inc. | 160181 | &nbsp;&nbsp;&nbsp;&nbsp;13139647 |
| Flex, Ltd. (A) | 449368 | &nbsp;&nbsp;&nbsp;&nbsp;26049863 |
| Trimble, Inc. (A) | 223282 | &nbsp;&nbsp;&nbsp;&nbsp;18230975 |
| **IT services 4.5%** |  |  |
| Cloudflare, Inc., Class A (A) | 184230 | &nbsp;&nbsp;&nbsp;&nbsp;39533916 |
| Snowflake, Inc. (A) | 71133 | &nbsp;&nbsp;&nbsp;&nbsp;16044048 |
| **Software 9.3%** |  |  |
| AppLovin Corp., Class A (A) | 26315 | &nbsp;&nbsp;&nbsp;&nbsp;18908380 |
| Clearwater Analytics Holdings, Inc., Class A (A) | 94629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1705215 |
| DocuSign, Inc. (A) | 350890 | &nbsp;&nbsp;&nbsp;&nbsp;25295660 |
| Figma, Inc., Class A (A)(B) | 177955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9230526 |
| Guidewire Software, Inc. (A) | 68592 | &nbsp;&nbsp;&nbsp;&nbsp;15766557 |
| HubSpot, Inc. (A) | 33259 | &nbsp;&nbsp;&nbsp;&nbsp;15558560 |
| Samsara, Inc., Class A (A) | 463055 | &nbsp;&nbsp;&nbsp;&nbsp;17248799 |
| ServiceTitan, Inc., Class A (A) | 114597 | &nbsp;&nbsp;&nbsp;&nbsp;11554816 |
| Via Transportation, Inc., Class A (A)(B) | 23900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1149112 |
| **Real estate 1.3%** |  | &nbsp;&nbsp;&nbsp;**16918177** |
| **Real estate management and development 1.3%** |  |  |
| Zillow Group, Inc., Class C (A) | 219574 | &nbsp;&nbsp;&nbsp;&nbsp;16918177 |
| **Utilities 3.2%** |  | &nbsp;&nbsp;&nbsp;**39645013** |
| **Electric utilities 2.4%** |  |  |
| NRG Energy, Inc. | 181235 | &nbsp;&nbsp;&nbsp;&nbsp;29351008 |
| **Gas utilities 0.8%** |  |  |
| Atmos Energy Corp. | 60287 | &nbsp;&nbsp;&nbsp;&nbsp;10294005 |
| **Preferred securities 0.4%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**$4620080** |
| (Cost $9,360,258) |  |  |
| **Information technology 0.4%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**4620080** |
| **Software 0.4%** |  |  |
| Essence Group Holdings Corp. (A)(C)(D) | 2958957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2455934 |
| Lookout, Inc., Series F (A)(C)(D) | &nbsp;&nbsp;392767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2164146 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | **Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 1.9%** |  |  | &nbsp;&nbsp;**$23464638** |
| (Cost $23,465,085) |  |  |  |
| **Short-term funds 1.9%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**23464638** |
| John Hancock Collateral Trust (E) | 4.0668(F) | &nbsp;&nbsp;1218531 | &nbsp;&nbsp;&nbsp;12189457 |
| State Street Institutional U.S. Government Money Market Fund, Premier Class | 4.0784(F) | 11275181 | &nbsp;&nbsp;&nbsp;11275181 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MID CAP GROWTH FUND 4

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | |
|:---|:---|
| **Total investments (Cost $1,021,614,349) 99.8%** | **$1249062383** |
| **Other assets and liabilities, net 0.2%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2687512** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$1251749895** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. |
| (C) | Restricted security as to resale. For more information on this security refer to the Notes to financial statements. |
| (D) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements. |
| (E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
| (F) | The rate shown is the annualized seven-day yield as of 9-30-25. |

---

At 9-30-25, the aggregate cost of investments for federal income tax purposes was $1,031,447,864. Net unrealized appreciation aggregated to $217,614,519, of which $249,400,112 related to gross unrealized appreciation and $31,785,593 related to gross unrealized depreciation.

5 JOHN HANCOCK MID CAP GROWTH FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

Financial statements

#### STATEMENT OF ASSETS AND LIABILITIES 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Assets** |  |
| Unaffiliated investments, at value (Cost $1,009,424,445) including $11,935,843 of securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;$1236872926 |
| Affiliated investments, at value (Cost $12,189,904) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12189457 |
| **Total investments, at value (Cost $1,021,614,349)** | &nbsp;&nbsp;&nbsp;&nbsp;**1249062383** |
| Dividends and interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250202 |
| Receivable for fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217964 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34084777 |
| Receivable for securities lending income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8162 |
| Other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147264 |
| **Total assets** | &nbsp;&nbsp;&nbsp;&nbsp;**1283770752** |
| **Liabilities** |  |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19336777 |
| Payable for fund shares repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337948 |
| Payable upon return of securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12189968 |
| Payable to affiliates |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34522 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6308 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456 |
| Other liabilities and accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114878 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32020857** |
| **Net assets** | &nbsp;&nbsp;**$1251749895** |
| **Net assets consist of** |  |
| Paid-in capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$921164259 |
| Total distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330585636 |
| **Net assets** | &nbsp;&nbsp;**$1251749895** |
| **Net asset value per share** |  |
| Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value |  |
| Class A ($48,091,218 ÷ 2,478,360 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19.40 |
| Class C ($179,505 ÷ 9,530 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$18.84 |
| Class I ($6,298,675 ÷ 321,438 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19.60 |
| Class R6 ($264,795,715 ÷ 13,449,728 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19.69 |
| Class NAV ($932,384,782 ÷ 47,350,053 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19.69 |
| **Maximum offering price per share** |  |
| Class A (net asset value per share ÷ 95%)<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20.42 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

<sup>2</sup> On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Mid Cap Growth Fund 6

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

#### STATEMENT OF OPERATIONS For the six months ended 9-30-25 (unaudited)

------

---

| | |
|:---|:---|
| **Investment income** |  |
| Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2801469 |
| Securities lending | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15583 |
| **Total investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2817052** |
| **Expenses** |  |
| Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5162406 |
| Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56727 |
| Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122352 |
| Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35784 |
| Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17094 |
| Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79254 |
| State registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45773 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16141 |
| Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56780 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26204 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5618515** |
| Less expense reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(485911) |
| **Net expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5132604** |
| **Net investment loss** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2315552)** |
| **Realized and unrealized gain (loss)** |  |
| **Net realized gain (loss) on** |  |
| Unaffiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88013574 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(379) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**88013195** |
| **Change in net unrealized appreciation (depreciation) of** |  |
| Unaffiliated investments and translation of assets and liabilities in foreign currencies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118690084 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(457) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**118689627** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;&nbsp;&nbsp;**206702822** |
| **Increase in net assets from operations** | &nbsp;&nbsp;**$204387270** |

---

7 JOHN HANCOCK Mid Cap Growth Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

#### STATEMENTS OF CHANGES IN NET ASSETS

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended<br> 9-30-25<br> (unaudited)** | &nbsp;&nbsp;**Year ended<br> 3-31-25** |
| **Increase (decrease) in net assets** |  |  |
| **From operations** |  |  |
| Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(2315552) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(6905167) |
| Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88013195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284151773 |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118689627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(217137627) |
| **Increase in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**204387270** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**60108979** |
| **From fund share transactions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(146854509)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(313585422)** |
| **Total increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**57532761** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(253476443)** |
| **Net assets** |  |  |
| Beginning of period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1194217134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1447693577 |
| **End of period** | &nbsp;&nbsp;**$1251749895** | &nbsp;&nbsp;**$1194217134** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Mid Cap Growth Fund 8

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

Financial highlights

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS A SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-22<sup>2</sup>** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.48** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.16** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.31** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.26** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$22.29** |
| Net investment loss<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.96) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.96) |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.92** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.32** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.85** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.03)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.03)** |
| **Less distributions** |  |  |  |  |  |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$19.40** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.48** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.16** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.31** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.26** |
| **Total return (%)<sup>4,5</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.78<sup>6</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.98** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21.41** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(17.12)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(22.57)<sup>6</sup>** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.24<sup>8</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17<sup>8</sup> |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.72)<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.85) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.74) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.53) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.98)<sup>8</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69<sup>9</sup> |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> The inception date for Class A shares is 11-5-21.

<sup>3</sup> Based on average daily shares outstanding.

<sup>4</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>5</sup> Does not reflect the effect of sales charges, if any.

<sup>6</sup> Not annualized.

<sup>7</sup> Annualized.

<sup>8</sup> Annualized. Certain expenses are presented unannualized.

<sup>9</sup> Portfolio turnover is shown for the period from 9-1-21 to 3-31-22.

9 JOHN HANCOCK Mid Cap Growth Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS C SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-22<sup>2</sup>** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.06** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$15.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.16** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$22.29** |
| Net investment loss<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.96) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.95) |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.78** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.20** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.70** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.13)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.08)** |
| **Less distributions** |  |  |  |  |  |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$18.84** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.06** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$15.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.16** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.21** |
| **Total return (%)<sup>4,5</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.31<sup>6</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.26** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**20.52** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(17.76)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(22.79)<sup>6</sup>** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—<sup>7</sup> |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.98<sup>9</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92<sup>9</sup> |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.47)<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.60) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.50) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.77)<sup>9</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69<sup>10</sup> |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> The inception date for Class C shares is 11-5-21.

<sup>3</sup> Based on average daily shares outstanding.

<sup>4</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>5</sup> Does not reflect the effect of sales charges, if any.

<sup>6</sup> Not annualized.

<sup>7</sup> Less than $500,000.

<sup>8</sup> Annualized.

<sup>9</sup> Annualized. Certain expenses are presented unannualized.

<sup>10</sup> Portfolio turnover is shown for the period from 9-1-21 to 3-31-22.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Mid Cap Growth Fund 10

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS I SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-22<sup>2</sup>** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.62** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.26** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.36** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.28** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$22.29** |
| Net investment loss<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.95) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.96) |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.98** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.36** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.90** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.00)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.01)** |
| **Less distributions** |  |  |  |  |  |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$19.60** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.62** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.26** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.36** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.28** |
| **Total return (%)<sup>4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.93<sup>5</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21.80** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(16.98)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(22.48)<sup>5</sup>** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.99<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92<sup>7</sup> |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.47)<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.58) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.80)<sup>7</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69<sup>8</sup> |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> The inception date for Class I shares is 11-5-21.

<sup>3</sup> Based on average daily shares outstanding.

<sup>4</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>5</sup> Not annualized.

<sup>6</sup> Annualized.

<sup>7</sup> Annualized. Certain expenses are presented unannualized.

<sup>8</sup> Portfolio turnover is shown for the period from 9-1-21 to 3-31-22.

11 JOHN HANCOCK Mid Cap Growth Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CLASS R6 SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**3-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-22<sup>23</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-21<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-20<sup>3</sup>** |
| **Per share operating performance** |  |  |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.69** | &nbsp;&nbsp;&nbsp;&nbsp;**$16.31** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.38** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.29** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$28.81** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$27.74** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$22.24** |
| Net investment loss<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.11) |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.96) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.38 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.00** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.38** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.93** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.99)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.25)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.68** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.27** |
| **Less distributions** |  |  |  |  |  |  |  |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7.27) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7.61) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.77) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;**$19.69** | &nbsp;&nbsp;&nbsp;&nbsp;**$16.69** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.31** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.38** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.29** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$28.81** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$27.74** |
| **Total return (%)<sup>5</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.97<sup>6</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.33** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21.90** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(16.81)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(20.41)<sup>6</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**33.87** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**41.40** |
| **Ratios and supplemental data** |  |  |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$547 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36)<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.65)<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.72) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.51) |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> For the seven-month period ended 3-31-22. The inception date for Class R6 shares is 10-18-21. John Hancock Funds II Mid Cap Stock Fund's (the Accounting Survivor) fiscal year end was August 31 and the fund's fiscal year end is March 31.

<sup>3</sup> Financial highlights presented prior to close of business on October 15, 2021 represents the historical operating results of the Accounting Survivor. At the close of business on October 15, 2021, the Accounting Survivor was reorganized into the fund. On the date of reorganization, the accounting and performance history of the Accounting Survivor was retained as that of the fund.

<sup>4</sup> Based on average daily shares outstanding.

<sup>5</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>6</sup> Not annualized.

<sup>7</sup> Annualized.

<sup>8</sup> Annualized. Certain expenses are presented unannualized.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Mid Cap Growth Fund 12

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CLASS NAV SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;**9-30-25<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**3-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3-31-22<sup>23</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-21<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8-31-20<sup>3</sup>** |
| **Per share operating performance** |  |  |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.69** | &nbsp;&nbsp;&nbsp;&nbsp;**$16.31** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.38** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.29** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$28.81** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$27.61** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$22.09** |
| Net investment loss<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.10) |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.96) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.86 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.34 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.00** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.38** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.93** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.99)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.25)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.67** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.24** |
| **Less distributions** |  |  |  |  |  |  |  |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7.27) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7.47) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.72) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;**$19.69** | &nbsp;&nbsp;&nbsp;&nbsp;**$16.69** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16.31** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13.38** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$17.29** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$28.81** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$27.61** |
| **Total return (%)<sup>5</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.03<sup>6</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.33** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21.90** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(16.86)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(20.37)<sup>6</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**33.91** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**41.47** |
| **Ratios and supplemental data** |  |  |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1294 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87 |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36)<sup>7</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.65)<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.67) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.46) |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Six months ended 9-30-25. Unaudited.

<sup>2</sup> For the seven-month period ended 3-31-22. The Accounting Survivor's fiscal year end was August 31 and the fund's fiscal year end is March 31.

<sup>3</sup> Financial highlights presented prior to close of business on October 15, 2021 represents the historical operating results of the Accounting Survivor. At the close of business on October 15, 2021, the Accounting Survivor was reorganized into the fund. On the date of reorganization, the accounting and performance history of the Accounting Survivor was retained as that of the fund. As a result, the per share operating performance has been adjusted for the prior periods presented to reflect the transaction. The conversion ratio used was 0.98073, as the Accounting Survivor's net asset value was $28.7711 while the fund's net asset value was $28.2165 on the date of reorganization.

<sup>4</sup> Based on average daily shares outstanding.

<sup>5</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>6</sup> Not annualized.

<sup>7</sup> Annualized.

<sup>8</sup> Annualized. Certain expenses are presented unannualized.

13 JOHN HANCOCK Mid Cap Growth Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

Notes to financial statements (unaudited)

#### Note 1 — Organization
John Hancock Mid Cap Growth Fund (the fund) is a series of John Hancock Investment Trust (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the fund is to seek long-term growth and capital appreciation.

The fund may offer multiple classes of shares. The shares currently outstanding are detailed in the Statement of assets and liabilities. Class A and Class C shares are offered to all investors. Class I shares are offered to institutions and certain investors. Class R6 shares are only available to certain retirement plans, institutions and other investors. Class NAV shares are offered to John Hancock affiliated funds of funds, retirement plans for employees of John Hancock and/or Manulife Financial Corporation, and certain 529 plans. Class C shares convert to Class A shares eight years after purchase (certain exclusions may apply). Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, if any, and transfer agent fees for each class may differ.

#### Note 2 — Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The fund qualifies as an investment company under Topic 946 of Accounting Standards Codification of US GAAP.

Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the fund:

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund's valuation designee.**

In order to value the securities, the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed.

The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other

\| JOHN HANCOCK Mid Cap Growth Fund 14

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the fund's investments as of September 30, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$1220977665** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1220977665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4620080** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4620080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**23464638** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23464638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1249062383** | **$1244442303** | **—** | **$4620080** |

---

**Real estate investment trusts. The fund may invest in real estate investment trusts (REITs). Distributions from REITs may be recorded as income and subsequently characterized by the REIT at the end of their fiscal year as a reduction of cost of investments and/or as a realized gain. As a result, the fund will estimate the components of distributions from these securities. Such estimates are revised when the actual components of the distributions are known.**

**Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.**

**Securities lending. The fund may lend its securities to earn additional income. The fund receives collateral from the borrower in an amount not less than the market value of the loaned securities. The fund may invest its cash collateral in JHCT, an affiliate of the fund, which has a floating NAV and is registered with the Securities and Exchange Commission (SEC) as an investment company. JHCT is a government money market fund and invests in U.S. Government securities and/or repurchase agreements. The fund will receive the benefit of any gains and bear any losses generated by JHCT with respect to the cash collateral.** 

The fund has the right to recall loaned securities on demand. If a borrower fails to return loaned securities when due, then the lending agent is responsible and indemnifies the fund for the lent securities. The lending agent uses the collateral received from the borrower to purchase replacement securities of the same issue, type, class and series of the loaned securities. If the value of the collateral is less than the purchase cost of replacement securities, the lending agent is responsible for satisfying the shortfall but only to the extent that the shortfall is not due to any decrease in the value of JHCT.

Although the risk of loss on securities lent is mitigated by receiving collateral from the borrower and through

15 JOHN HANCOCK Mid Cap Growth Fund \|

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

lending agent indemnification, the fund could experience a delay in recovering securities or could experience a lower than expected return if the borrower fails to return the securities on a timely basis. During the existence of the loan, the fund will receive from the borrower amounts equivalent to any dividends, interest or other distributions on the loaned securities, as well as interest on such amounts. The fund receives compensation for lending its securities by retaining a portion of the return on the investment of the collateral and compensation from fees earned from borrowers of the securities. Securities lending income received by the fund is net of fees retained by the securities lending agent. Net income received from JHCT is a component of securities lending income as recorded on the Statement of operations.

Obligations to repay collateral received by the fund are shown on the Statement of assets and liabilities as Payable upon return of securities loaned and are secured by the loaned securities. As of September 30, 2025, the fund loaned securities valued at $11,935,843 and received $12,189,968 of cash collateral.

**Overdraft. The fund may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the fund's custodian agreement, the custodian may loan money to the fund to make properly authorized payments. The fund is obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law.**

**Line of credit. The fund and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 13, 2026 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, the fund can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement. A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund based on an asset-based allocation and is reflected in Other expenses on the Statement of operations. For the six months ended September 30, 2025, the fund had no borrowings under the line of credit. Commitment fees for the six months ended September 30, 2025 were $2,983.**

**Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund's relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.**

**Class allocations. Income, common expenses and realized and unrealized gains (losses) are determined at the fund level and allocated daily to each class of shares based on the net assets of the class. Class-specific expenses, such as distribution and service fees, if any, and transfer agent fees, for all classes, are charged daily at the class level based on the net assets of each class and the specific expense rates applicable to each class.**

**Federal income taxes. The fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.**

As of March 31, 2025, the fund had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The fund's federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.

**Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The fund generally declares and pays dividends annually. Capital gain distributions, if any, are typically distributed annually.**

\| JOHN HANCOCK Mid Cap Growth Fund 16

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

Distributions paid by the fund with respect to each class of shares are calculated in the same manner, at the same time and in the same amount, except for the effect of class level expenses that may be applied differently to each class.

Such distributions, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the fund's financial statements as a return of capital. The final determination of tax characteristics of the fund's distribution will occur at the end of the year and will subsequently be reported to shareholders.

Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to net operating losses and wash sale loss deferrals.

#### Note 3 — Guarantees and indemnifications
Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the fund. Additionally, in the normal course of business, the fund enters into contracts with service providers that contain general indemnification clauses. The fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the fund that have not yet occurred. The risk of material loss from such claims is considered remote.

#### Note 4 — Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the fund. John Hancock Investment Management Distributors LLC (the Distributor), an affiliate of the Advisor, serves as principal underwriter of the fund. The Advisor and the Distributor are indirect, principally owned subsidiaries of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation.

**Management fee. The fund has an investment management agreement with the Advisor under which the fund pays a daily management fee to the Advisor equivalent on an annual basis to the sum of: (a) 0.875% of the first $200 million of the fund's aggregate net assets; (b) 0.850% of the next $300 million of the fund's aggregate net assets; (c) 0.825% of the next $2.7 billion of the fund's aggregate net assets; (d) 0.800% of the next $500 million of the fund's aggregate net assets; (e) 0.775% of the next $500 million of the fund's aggregate net assets and (f) 0.755% of the fund's aggregate net assets in excess of $4.2 billion. Aggregate net assets include net assets of the fund and Mid Cap Growth Trust, a series of John Hancock Variable Insurance Trust. The Advisor has a subadvisory agreement with Wellington Management Company LLP. The fund is not responsible for payment of the subadvisory fees.** 

The Advisor has contractually agreed to reduce its management fee by an annual rate of 0.07% of the fund's average daily net assets. This agreement expires on July 31, 2026, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the fund (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund. During the six months ended September 30, 2025, this waiver amounted to 0.01% of the fund's average daily net assets, on an annualized basis. This agreement expires on July 31, 2027, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

17 JOHN HANCOCK Mid Cap Growth Fund \|

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

For the six months ended September 30, 2025, the expense reductions described above amounted to the following:

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;**Expense reduction** |
| Class A | &nbsp;&nbsp;$17560 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72 |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;2264 |

---

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;**Expense reduction** |
| Class R6 | &nbsp;&nbsp;&nbsp;$103377 |
| Class NAV | &nbsp;&nbsp;&nbsp;&nbsp;362638 |
| **Total** | &nbsp;&nbsp;**$485911** |

---

Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.

The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the six months ended September 30, 2025, were equivalent to a net annual effective rate of 0.76% of the fund's average daily net assets.

**Accounting and legal services. Pursuant to a service agreement, the fund reimburses the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These expenses are allocated to each share class based on its relative net assets at the time the expense was incurred. These accounting and legal services fees incurred, for the six months ended September 30, 2025, amounted to an annual rate of 0.02% of the fund's average daily net assets.**

**Distribution and service plans. The fund has a distribution agreement with the Distributor. The fund has adopted distribution and service plans for certain classes as detailed below pursuant to Rule 12b-1 under the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the fund. The fund may pay up to the following contractual rates of distribution and service fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the fund's shares:**

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Rule 12b-1 Fee** |
| Class A | &nbsp;&nbsp;0.25% |
| Class C | &nbsp;&nbsp;1.00% |

---

**Sales charges. Class A shares are assessed up-front sales charges, which resulted in payments to the Distributor amounting to $1,176 for the six months ended September 30, 2025. Of this amount, $210 was retained and used for printing prospectuses, advertising, sales literature and other purposes and $966 was paid as sales commissions to broker-dealers.**

Class A and Class C shares may be subject to contingent deferred sales charges (CDSCs). Certain Class A shares purchased, including those that are acquired through purchases of $1 million or more, and redeemed within one year of purchase are subject to a 1.00% CDSC. Class C shares that are redeemed within one year of purchase are subject to a 1.00% CDSC. CDSCs are applied to the lesser of the current market value at the time of redemption or the original purchase cost of the shares being redeemed. Proceeds from CDSCs are used to compensate the Distributor for providing distribution-related services in connection with the sale of these shares. During the six months ended September 30, 2025, CDSCs received by the Distributor amounted to $6 for Class C shares. There were no CDSCs received by the Distributor for Class A shares.

**Transfer agent fees. The John Hancock group of funds has a complex-wide transfer agent agreement with John Hancock Signature Services, Inc. (Signature Services), an affiliate of the Advisor. The transfer agent fees paid to Signature Services are determined based on the cost to Signature Services (Signature Services Cost) of providing recordkeeping services. It also includes out-of-pocket expenses, including payments made to third-parties for recordkeeping services provided to their clients who invest in one or more John Hancock funds. In addition, Signature Services Cost may be reduced by certain fees that Signature Services receives in connection with retirement and small accounts. Signature Services Cost is calculated monthly and allocated, as applicable, to three**

\| JOHN HANCOCK Mid Cap Growth Fund 18

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

categories of share classes: Retail Share Classes of Non-Municipal Bond Funds, Retirement Share Classes and Retail Share Classes of Municipal Bond Funds. Within each of these categories, the applicable costs are allocated to the affected John Hancock affiliated funds and/or classes, based on the relative average daily net assets.

#### Class level expenses. Class level expenses for the six months ended September 30, 2025 were as follows:

---

| | | |
|:---|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Distribution and service fees** | &nbsp;&nbsp;&nbsp;**Transfer agent fees** |
| Class A | &nbsp;&nbsp;&nbsp;$55814 | &nbsp;&nbsp;&nbsp;$24819 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101 |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3196 |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7668 |
| **Total** | &nbsp;&nbsp;**$56727** | &nbsp;&nbsp;**$35784** |

---

**Trustee expenses. The fund compensates each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to the fund based on its net assets relative to other funds within the John Hancock group of funds complex.**

#### Note 5 — Fund share transactions
Transactions in fund shares for the six months ended September 30, 2025 and for the year ended March 31, 2025 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** |
| **Class A shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6703304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1003654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16582692 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(227314) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4139401) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(618950) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10204207) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**141789** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$2563903** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**384704** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6378485** |
| **Class C shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$42825 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1939) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35271) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3097) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48140) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(658)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(14718)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(646)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(5315)** |
| **Class I shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1033986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2777903 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24493) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(462187) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54238) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(878227) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32054** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$571799** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**98891** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$1899676** |
| **Class R6 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7437426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17491917 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;(1492879) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28145058) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4833770) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82074012) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(1088325)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(20707632)** | &nbsp;&nbsp;&nbsp;&nbsp;**(3892184)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(64582095)** |

---

19 JOHN HANCOCK Mid Cap Growth Fund \|

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 9-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 3-31-25** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** |
| **Class NAV shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12549142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4546700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$79847289 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;(7705085) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(141817003) | &nbsp;&nbsp;&nbsp;&nbsp;(18347612) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(337123462) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(7041730)** | &nbsp;&nbsp;&nbsp;**$(129267861)** | &nbsp;&nbsp;&nbsp;&nbsp;**(13800912)** | &nbsp;&nbsp;&nbsp;**$(257276173)** |
| **Total net decrease** | &nbsp;&nbsp;**(7956870)** | &nbsp;&nbsp;**$(146854509)** | &nbsp;&nbsp;**(17210147)** | &nbsp;&nbsp;**$(313585422)** |

---

Affiliates of the fund owned 100% of shares of Class NAV on September 30, 2025. Such concentration of shareholders' capital could have a material effect on the fund if such shareholders redeem from the fund.

#### Note 6 — Purchase and sale of securities
Purchases and sales of securities, other than short-term investments, amounted to $954,815,691 and $1,107,769,695, respectively, for the six months ended September 30, 2025.

#### Note 7 — Investment by affiliated funds
Certain investors in the fund are affiliated funds that are managed by the Advisor and its affiliates. The affiliated funds do not invest in the fund for the purpose of exercising management or control; however, this investment may represent a significant portion of the fund's net assets. At September 30, 2025, funds within the John Hancock group of funds complex held 71.6% of the fund's net assets. The following fund(s) had an affiliate ownership of 5% or more of the fund's net assets:

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;**Affiliated Concentration** |
| John Hancock Funds II Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;24.5% |
| John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;15.5% |
| John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;11.4% |

---

#### Note 8 — Investment in affiliated underlying funds
The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund's fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| John Hancock Collateral Trust\* | 1218531 | $2849955 | $71128367 | $(61788029) | $(379) | $(457) | $15583 |  | $12189457 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

\* Refer to the Securities lending note within Note 2 for details regarding this investment.

#### Note 9 — Restricted securities
The fund may hold restricted securities which are restricted as to resale and the fund has limited rights to registration under the Securities Act of 1933. Disposal may involve time-consuming negotiations and expenses, and prompt sale at an acceptable price may be difficult to achieve. The following table summarizes the restricted securities held at September 30, 2025:

\| JOHN HANCOCK Mid Cap Growth Fund 20

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Issuer,<br> Description** | &nbsp;&nbsp;**Acquisition<br> cost** | &nbsp;&nbsp;**Beginning<br> share<br> amount** | &nbsp;&nbsp;**Shares<br> purchased** | &nbsp;&nbsp;**Shares<br> sold** | &nbsp;&nbsp;**Ending<br> share<br> amount** | &nbsp;&nbsp;**Value as a<br> percentage of<br> net assets** | &nbsp;&nbsp;**Ending<br> value** |
| Essence Group Holdings Corp.5-1-14<sup>1</sup> | $5083384 | 2958957 |  |  | 2958957 | 0.2% | $2455934 |
| Lookout, Inc., Series F7-31-14<sup>1</sup> | &nbsp;&nbsp;&nbsp;4276874 | &nbsp;&nbsp;&nbsp;&nbsp;392767 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;392767 | 0.2% | &nbsp;&nbsp;&nbsp;&nbsp;2164146 |
|  |  |  |  |  |  |  | **$4620080** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Reflects original acquisition date of security transferred in a merger with John Hancock Funds II Mid Cap Growth Fund which took place after market close on 10-15-21.

#### Note 10 — Segment reporting
The management committee of the Advisor acts as the fund's chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. The fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund's long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund's subadvisor. Segment assets are reflected in the Statement of assets and liabilities as "Total assets", which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statement of operations, which includes "Increase (decrease) in net assets from operations", Statements of changes in net assets, which includes "Increase (decrease) in net assets from fund share transactions", and Financial highlights, which includes total return and income and expense ratios.

21 JOHN HANCOCK Mid Cap Growth Fund \|

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

#### EVALUATION OF ADVISORY AND SUBADVISORY AGREEMENTS BY THE BOARD OF TRUSTEES

------

This section describes the evaluation by the Board of Trustees (the Board) of John Hancock Investment Trust (the Trust) of the Advisory Agreement (the Advisory Agreement) with John Hancock Investment Management, LLC (the Advisor) and the Subadvisory Agreement (the Subadvisory Agreement) with Wellington Management Company LLP (the Subadvisor), for John Hancock Mid Cap Growth Fund (the fund). The Advisory Agreement and Subadvisory Agreement are collectively referred to as the Agreements. Prior to the June 23-26, 2025 meeting at which the Agreements were approved, the Board also discussed and considered information regarding the proposed continuation of the Agreements at the meeting held on May 27-May 29, 2025. The Trustees who are not "interested persons" of the Trust as defined by the Investment Company Act of 1940, as amended (the 1940 Act) (the Independent Trustees) also met separately to evaluate and discuss the information presented, including with counsel to the Independent Trustees and a third-party consulting firm.

#### Approval of Advisory and Subadvisory Agreements
At meetings held on June 23-26, 2025, the Board, including the Trustees who are not parties to any Agreement or considered to be interested persons of the Trust under the 1940 Act, reapproved for an annual period the continuation of the Advisory Agreement between the Trust and the Advisor and the Subadvisory Agreement between the Advisor and the Subadvisor with respect to the fund.

In considering the Advisory Agreement and the Subadvisory Agreement, the Board received in advance of the meetings a variety of materials relating to the fund, the Advisor and the Subadvisor, including comparative performance, fee and expense information for a peer group of similar funds prepared by an independent third-party provider of fund data, performance information for an applicable benchmark index; and, with respect to the Subadvisor, comparative performance information for comparably managed accounts, as applicable, and other information provided by the Advisor and the Subadvisor regarding the nature, extent and quality of services provided by the Advisor and the Subadvisor under their respective Agreements, as well as information regarding the Advisor's revenues and costs of providing services to the fund and any compensation paid to affiliates of the Advisor. At the meetings at which the renewal of the Advisory Agreement and Subadvisory Agreement are considered, particular focus is given to information concerning fund performance, comparability of fees and total expenses, and profitability. However, the Board noted that the evaluation process with respect to the Advisor and the Subadvisor is an ongoing one. In this regard, the Board also took into account discussions with management and information provided to the Board (including its various committees) at prior meetings with respect to the services provided by the Advisor and the Subadvisor to the fund, including quarterly performance reports prepared by management containing reviews of investment results and prior presentations from the Subadvisor with respect to the fund. The information received and considered by the Board in connection with the May and June meetings and throughout the year was both written and oral. The Board also considered the nature, quality, and extent of non-advisory services, if any, to be provided to the fund by the Advisor's affiliates, including distribution services. The Board considered the Advisory Agreement and the Subadvisory Agreement separately in the course of its review. In doing so, the Board noted the respective roles of the Advisor and Subadvisor in providing services to the fund.

Throughout the process, the Board asked questions of and requested additional information from management. The Board is assisted by counsel for the Trust and the Independent Trustees are also separately assisted by independent legal counsel throughout the process. The Independent Trustees also received a memorandum from their independent legal counsel discussing the legal standards for their consideration of the proposed continuation of the Agreements and discussed the proposed continuation of the Agreements in private sessions with their independent legal counsel at which no representatives of management were present.

\| JOHN HANCOCK MID CAP GROWTH FUND 22

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

#### Approval of Advisory Agreement
In approving the Advisory Agreement with respect to the fund, the Board, including the Independent Trustees, considered a variety of factors, including those discussed below. The Board also considered other factors (including conditions and trends prevailing generally in the economy, the securities markets, and the industry) and did not treat any single factor as determinative, and each Trustee may have attributed different weights to different factors. The Board's conclusions may be based in part on its consideration of the advisory and subadvisory arrangements in prior years and on the Board's ongoing regular review of fund performance and operations throughout the year.

*<u>Nature, extent, and quality of services</u>. Among the information received by the Board from the Advisor relating to the nature, extent, and quality of services provided to the fund, the Board reviewed information provided by the Advisor relating to its operations and personnel, descriptions of its organizational and management structure, and information regarding the Advisor's compliance and regulatory history, including its Form ADV. The Board also noted that on a regular basis it receives and reviews information from the Trust's Chief Compliance Officer (CCO) regarding the fund's compliance policies and procedures established pursuant to Rule 38a-1 under the 1940 Act. The Board observed that the scope of services provided by the Advisor, and of the undertakings required of the Advisor in connection with those services, including maintaining and monitoring its own and the fund's compliance programs, risk management programs, liquidity risk management programs, derivatives risk management programs, and cybersecurity programs, had expanded over time as a result of regulatory, market and other developments. The Board considered that the Advisor is responsible for the management of the day-to-day operations of the fund, including, but not limited to, general supervision of and coordination of the services provided by the Subadvisor, and is also responsible for monitoring and reviewing the activities of the Subadvisor and other third-party service providers. The Board considered the significant risks assumed by the Advisor in connection with the services provided to the fund including entrepreneurial risk in sponsoring new funds and ongoing risks including investment, operational, enterprise, litigation, regulatory and compliance risks with respect to all funds.*

In considering the nature, extent, and quality of the services provided by the Advisor, the Trustees also took into account their knowledge of the Advisor's management and the quality of the performance of the Advisor's duties, through Board meetings, discussions and reports during the preceding year and through each Trustee's experience as a Trustee of the Trust and of the other trusts in the John Hancock group of funds complex (the John Hancock Fund Complex).

In the course of their deliberations regarding the Advisory Agreement, the Board considered, among other things:

(a) the skills and competency with which the Advisor has in the past managed the Trust's affairs and its subadvisory relationship, the Advisor's oversight and monitoring of the Subadvisor's investment
performance and compliance programs, such as the Subadvisor's compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the
Advisor's timeliness in responding to performance issues;

(b) the background, qualifications and skills of the Advisor's personnel;

(c) the Advisor's compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments;

(d) the Advisor's administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor's oversight of any securities lending activity, its
monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund;

(e) the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund;

23 JOHN HANCOCK MID CAP GROWTH FUND \|

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

(f) the Advisor's initiatives intended to improve various aspects of the Trust's operations and investor experience with the fund; and

(g) the Advisor's reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety
of investments.

The Board concluded that the Advisor may reasonably be expected to continue to provide a high quality of services under the Advisory Agreement with respect to the fund.

*<u>Investment performance</u>. In considering the fund's performance, the Board noted that it reviews at its regularly scheduled meetings information about the fund's performance results. In connection with the consideration of the Advisory Agreement, the Board:*

(a) reviewed information prepared by management regarding the fund's performance;

(b) considered the comparative performance of an applicable benchmark index;

(c) considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and

(d) took into account the Advisor's analysis of the fund's performance and its plans and recommendations regarding the Trust's subadvisory arrangements generally.

The Board noted that while it found the data provided by the independent third-party generally useful it recognized its limitations, including in particular that data may vary depending on the end date selected and the results of the performance comparisons may vary depending on the selection of the peer group. The Board noted that the fund underperformed its benchmark index for the three-, five- and ten-year periods ended December 31, 2024 and outperformed for the one-year period. The Board also noted that the fund outperformed its peer group median for the one-, five- and ten-year periods ended December 31, 2024 and underperformed for the three-year periods. The Board took into account management's discussion of the factors that contributed to the fund's performance relative to the benchmark index for the three-, five- and ten-year periods and relative to its peer group median for the three-year period, including the impact of past and current market conditions on the fund's strategy and management's outlook for the fund. The Board concluded that the fund's performance is being monitored and reasonably addressed, where appropriate.

*<u>Fees and expenses</u>. The Board reviewed comparative information prepared by an independent third-party provider of fund data, including, among other data, the fund's contractual and net management fees (and subadvisory fees, to the extent available) and total expenses as compared to similarly situated investment companies deemed to be comparable to the fund in light of the nature, extent and quality of the management and advisory and subadvisory services provided by the Advisor and the Subadvisor. The Board considered the fund's ranking within a smaller group of peer funds chosen by the independent third-party provider, as well as the fund's ranking within a broader funds. In comparing the fund's contractual and net management fees to those of comparable funds, the Board noted that such fees include both advisory and administrative costs. The Board noted that net management fees for the fund are higher than the peer group median and net total expenses for the fund are equal to the peer group median.*

The Board took into account management's discussion of the fund's expenses. The Board took into account management's discussion with respect to the overall management fee and the fees of the Subadvisor, including the amount of the advisory fee retained by the Advisor after payment of the subadvisory fee, in each case in light of the services rendered for those amounts and the risks undertaken by the Advisor. The Board also noted that the Advisor pays the subadvisory fee, and that such fees are negotiated at arm's length with respect to the Subadvisor. In addition, the Board took into account that management had agreed to implement an overall fee waiver across the complex, including the fund, which is discussed further below. The Board also noted actions taken over the past several years to reduce the fund's operating expenses. The Board also noted that, in addition, the fund has

\| JOHN HANCOCK MID CAP GROWTH FUND 24

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

breakpoints in its contractual management fee schedule that reduces management fees as assets increase. The Board also noted that the fund's distributor, an affiliate of the Advisor, has agreed to waive a portion of its Rule 12b-1 fee for a share class of the fund. The Board reviewed information provided by the Advisor concerning the investment advisory fee charged by the Advisor or one of its advisory affiliates to other clients (including other funds in the John Hancock Fund Complex) having similar investment mandates, if any. The Board considered any differences between the Advisor's and Subadvisor's services to the fund and the services they provide to other comparable clients or funds. The Board concluded that the advisory fee paid with respect to the fund is reasonable in light of the nature, extent and quality of the services provided to the fund under the Advisory Agreement.

*<u>Profitability/Fall out benefits</u>. In considering the costs of the services to be provided and the profits to be realized by the Advisor and its affiliates from the Advisor's relationship with the Trust, the Board:*

(a) reviewed financial information of the Advisor;

(b) reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund;

(c) received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund;

(d) received information with respect to the Advisor's allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an
analysis of the Advisor's allocation methodologies;

(e) considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating
to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are
reflected in the profitability information reviewed by the Board;

(f) considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement;

(g) noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund's distributor also receives Rule 12b-1 payments to support distribution of the fund;

(h) noted that the subadvisory fee for the fund is paid by the Advisor and is negotiated at arm's length;

(i) considered the Advisor's ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and

(j) considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including
entrepreneurial, operational, reputational, litigation and regulatory risk.

Based upon its review, the Board concluded that the level of profitability, if any, of the Advisor and its affiliates from their relationship with the fund was reasonable and not excessive.

*<u>Economies of scale</u>. In considering the extent to which economies of scale would be realized as the fund grows and whether fee levels reflect these economies of scale for the benefit of fund shareholders, the Board:*

(a) considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise
reimburse the expenses of the participating portfolios (the reimbursement). This waiver is

25 JOHN HANCOCK MID CAP GROWTH FUND \|

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

---

| | |
|:---|:---|
|  | based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; |
| (b) | reviewed the fund's advisory fee structure and concluded that: (i) the fund's fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management's discussion of the fund's advisory fee structure; and |
| (c) | the Board also considered the effect of the fund's growth in size on its performance and fees. The Board also noted that if the fund's assets increase over time, the fund may realize other economies of scale. |

---

#### Approval of Subadvisory Agreement
In making its determination with respect to approval of the Subadvisory Agreement, the Board reviewed:

(a) information relating to the Subadvisor's business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex);

(b) the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds;

(c) the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data; and

(d) information relating to the nature and scope of any material relationships and their significance to the Trust's Advisor and Subadvisor.

*<u>Nature, extent, and quality of services</u>. With respect to the services provided by the Subadvisor, the Board received information provided to the Board by the Subadvisor, including the Subadvisor's Form ADV, as well as took into account information presented throughout the past year. The Board considered the Subadvisor's current level of staffing and its overall resources, as well as received information relating to the Subadvisor's compensation program. The Board reviewed the Subadvisor's history and investment experience, as well as information regarding the qualifications, background, and responsibilities of the Subadvisor's investment and compliance personnel who provide services to the fund. The Board also considered, among other things, the Subadvisor's compliance program and any disciplinary history. The Board also considered the Subadvisor's risk assessment and monitoring process. The Board reviewed the Subadvisor's regulatory history, including whether it was involved in any regulatory actions or investigations as well as material litigation, and any settlements and amelioratory actions undertaken, as appropriate. The Board noted that the Advisor conducts regular, periodic reviews of the Subadvisor and its operations, including regarding investment processes and organizational and staffing matters. The Board also noted that the Trust's CCO and his staff conduct regular, periodic compliance reviews with the Subadvisor and present reports to the Independent Trustees regarding the same, which includes evaluating the regulatory compliance systems of the Subadvisor and procedures reasonably designed to assure compliance with the federal securities laws. The Board also took into account the financial condition of the Subadvisor.*

The Board considered the Subadvisor's investment process and philosophy. The Board took into account that the Subadvisor's responsibilities include the development and maintenance of an investment program for the fund that is consistent with the fund's investment objective, the selection of investment securities and the placement of orders for the purchase and sale of such securities, as well as the implementation of compliance controls related to performance of these services. The Board also received information with respect to the Subadvisor's brokerage policies and practices, including with respect to best execution and soft dollars.

\| JOHN HANCOCK MID CAP GROWTH FUND 26

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

*<u>Subadvisor compensation</u>. In considering the cost of services to be provided by the Subadvisor and the profitability to the Subadvisor of its relationship with the fund, the Board noted that the fees under the Subadvisory Agreement are paid by the Advisor and not the fund.*

The Board also relied on the ability of the Advisor to negotiate the Subadvisory Agreement with the Subadvisor, which is not affiliated with the Advisor, and the fees thereunder at arm's length. As a result, the costs of the services to be provided and the profits to be realized by the Subadvisor from its relationship with the Trust were not a material factor in the Board's consideration of the Subadvisory Agreement.

The Board also received information regarding the nature and scope (including their significance to the Advisor and its affiliates and to the Subadvisor) of any material relationships with respect to the Subadvisor, which include arrangements in which the Subadvisor or its affiliates provide advisory, distribution, or management services in connection with financial products sponsored by the Advisor or its affiliates, and may include other registered investment companies, a 529 education savings plan, managed separate accounts and exempt group annuity contracts sold to qualified plans. The Board also received information and took into account any other potential conflicts of interest the Advisor might have in connection with the Subadvisory Agreement.

In addition, the Board considered other potential indirect benefits that the Subadvisor and its affiliates may receive from the Subadvisor's relationship with the fund, such as the opportunity to provide advisory services to additional funds in the John Hancock Fund Complex and reputational benefits.

*<u>Subadvisory fees</u>. The Board considered that the fund pays an advisory fee to the Advisor and that, in turn, the Advisor pays a subadvisory fee to the Subadvisor. As noted above, the Board also considered the fund's subadvisory fees as compared to similarly situated investment companies deemed to be comparable to the fund as included in the report prepared by the independent third party provider of fund data, to the extent available. The Board noted that the fund's subadvisory fee is higher than the peer group median. The Board also took into account the subadvisory fees paid by the Advisor to the Subadvisor with respect to the fund and compared them to fees charged by the Subadvisor to manage other subadvised portfolios and portfolios not subject to regulation under the 1940 Act, as applicable.*

*<u>Subadvisor performance</u>. As noted above, the Board considered the fund's performance as compared to the fund's peer group median and the benchmark index and noted that the Board reviews information about the fund's performance results at its regularly scheduled meetings. The Board noted the Advisor's expertise and resources in monitoring the performance, investment style and risk-adjusted performance of the Subadvisor. The Board was mindful of the Advisor's focus on the Subadvisor's performance. The Board also noted the Subadvisor's long-term performance record for similar accounts, as applicable.*

The Board's decision to approve the Subadvisory Agreement was based on a number of determinations, including the following:

(1) the Subadvisor has extensive experience and demonstrated skills as a manager;

(2) the performance of the fund is being monitored and reasonably addressed, where appropriate;

(3) the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and

(4) noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit
shareholders to benefit from economies of scale if the fund grows.

\*\*\*

27 JOHN HANCOCK MID CAP GROWTH FUND \|

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

Based on the Board's evaluation of all factors that the Board deemed to be material, including those factors described above, the Board, including the Independent Trustees, concluded that renewal of the Advisory Agreement and the Subadvisory Agreement would be in the best interest of the fund and its shareholders. Accordingly, the Board, and the Independent Trustees voting separately, approved the Advisory Agreement and Subadvisory Agreement for an additional one-year period.

\| JOHN HANCOCK MID CAP GROWTH FUND 28

------

[**Table of Contents**](#JOB_JHF_M_0b407c1c-0e22-451e-b033-edc7208de96c_TofC)

![](imgcac1be9d3.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC

200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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

This report is for the information of the shareholders of John Hancock Mid Cap Growth Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.

MF4864509 481SA 9/25

11/25

------

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

------

ITEM 9. PROXY DISCLOSURE FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Information included in Item 7, if applicable.

------

ITEM 10. REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Refer to information included in Item 7.

------

ITEM 11. STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT.

Information included in Item 7, if applicable.

------

ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

------

ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

------

ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

Not applicable.

------

ITEM 15. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

No material changes.

------

ITEM 16. CONTROLS AND PROCEDURES.

(a) Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-CSR, the registrant's principal executive officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.

(b) There were no changes in the registrant's internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

------

ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

------

ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

Not applicable.

------

ITEM 19. EXHIBITS.

(a)(1) Not applicable.

(a)(2) Not applicable.

[(a)(3) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 30a-2(a) under the Investment Company Act of 1940, are attached.](JHIT_KFeinberg_FSilva.htm)

[(b) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and Rule 30a-2(b) under the Investment Company Act of 1940, are attached. The certifications furnished pursuant to this paragraph are not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section. Such certifications are not deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent that the Registrant specifically incorporates them by reference.](JHIT_906_Cert.htm)

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

John Hancock Investment Trust

---

| | |
|:---|:---|
| By: | /s/ Kristie M. Feinberg |
|  | Kristie M. Feinberg |
|  | President, |
|  | Principal Executive Officer |
| Date: | November 11, 2025 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ Kristie M. Feinberg |
|  | Kristie M. Feinberg |
|  | President, |
|  | Principal Executive Officer |
| Date: | November 11, 2025 |
| By: | /s/ Fernando A. Silva |
|  | Fernando A. Silva |
|  | Chief Financial Officer, |
|  | Principal Financial Officer |
| Date: | November 11, 2025 |

---

------

## Ex-99.Cert

<u>CERTIFICATION</u>

**I, Kristie M. Feinberg, certify that:**

1. I have reviewed this report on Form N-CSR of **John Hancock Investment Trust**;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial conditions, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 11, 2025

<u>/s/ Kristie M. Feinberg</u> Kristie M. Feinberg

President, Principal Executive Officer

<u>CERTIFICATION</u>

I, **Fernando A. Silva**, certify that:

1. I have reviewed this report on Form N-CSR of **John Hancock Investment Trust**;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial conditions, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 11, 2025

<u>/s/ Fernando A. Silva</u> Fernando A. Silva

Chief Financial Officer, Principal Financial Officer

------

## Exhibit 99.906

**Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002\***

In connection with the attached Report of **John Hancock Investment Trust** (the "registrant") on Form N-CSR to be filed with the Securities and Exchange Commission (the "Report"), each of the undersigned officers of the registrant does hereby certify that, to the best of such officer's knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the registrant as of, and for, the periods presented in the Report.

/s/ Kristie M. Feinberg

--------------------------------

Kristie M. Feinberg

President, Principal Executive Officer

Dated: November 11, 2025

/s/ Fernando A. Silva

-------------------------------

Fernando A. Silva

Chief Financial Officer, Principal Financial Officer

Dated: November 11, 2025

A signed original of this written statement, required by Section 906, has been provided to the registrant and will be retained by the registrant and furnished to the Securities and Exchange Commission or its staff upon request.

\*These certifications are being furnished solely pursuant to 18 U.S.C. Section 1350 and are not being filed as part of this Form N-CSR or as a separate disclosure document.

------