Thus, the ability of a stable value fund to pay withdrawals at book value depends on the ability of the Stability Provider(s) to make payments under the Stabilizing Agreements. 3A. For further details, please refer to the Offering Circular and Declaration of Trust. PZFVX - JHancock Classic Value A - Review the PZFVX stock price, growth, performance, sustainability and more to help you make the best investments. Crediting Rate is an Approximation. Analysis of performance and other indicative facts are also considered. 128. Although individual securities or individual funds may outperform the market, the entire market may decline as a result of rising interest rates, regulatory developments or deteriorating economic conditions. Also, the redemption and reinvestment processes, including any transition period that may be involved in completing such mergers and replacements, could be subject to market gains or losses, including those from currency exchange rates. For the most up-to-date semiannual crediting rates, please call 800-395-1113. Information Concerning John Hancocks Short-Term Trading Policy The group annuity contract is not designed for short-term trading. Past performance is not a guarantee of future results. 13. NOTE F - NEW YORK LIFE STABLE VALUE FUND . Investment grade categories indicate relatively low to moderate credit risk, while ratings in the speculative categories either signal a higher level of credit risk or that a default has already occurred.S&PCredit ratings of AA- or better are considered to be high credit quality; credit ratings of BBB- are good credit quality and the lowest category of investment grade; credit ratings BB+ and below are lower-rated securities (junk bonds); and credit ratings of CCC+ or below have high default risk. Actively managed investments are subject to the risk that the investment managers usage of investment techniques and risk analysis to make investment decisions fails to perform as expected, which may cause the relevant portfolio to lose money or underperform investments with similar objectives and strategies or the market in general. In particular, allocating assets to a small number of investment options concentrated in particular business or market sectors could subject an account to increased risk and volatility. Stable value funds and interest rates | John Hancock Retirement The rate is generally guaranteed for six months. 239. The trustee of a stable value fund and/or the manager or sponsor of the underlying investments of a stable value fund typically endeavor to maintain one or more Stabilizing Agreements (also known as a Wrap Agreement) with Stability Provider(s) (also known as Wrap Providers) in an attempt to maintain the book value of the fund or the underlying investments. Contact your John Hancock representative if you wish to obtain a copy. This information is not intended as investment advice and there can be no assurance that any investment option will achieve its objectives or experience less volatility than another. Moody's appends numerical modifiers 1, 2, and 3 to each generic rating classification from Aa through Caa. Performance information current to the most recent month-end is available on our website myplan.johnhancock.com. or legal statements made herein . Allocation percentages may vary or be adjusted due to market or economic conditions or other reasons as set out in the prospectus. John Hancock does not provide advice regarding appropriate investment allocations. The interest rate is declared in advance of the semiannual rate reset period. Past performance is no guarantee of future results.Morningstar assigns categories by placing funds into peer groups based on their underlying holdings.