John Hancock Investment Trust

12/12/2024 | Press release | Distributed by Public on 12/12/2024 15:15

Prospectus by Investment Company (Form 497)

JOHN HANCOCK INVESTMENT TRUST
  
Prospectus Supplement
John Hancock Investment Trust
John Hancock Disciplined Value International Fund (the fund)
Supplement dated December 12, 2024 to the current Prospectus, as may be supplemented (the Prospectus)
At a meeting held on December 10-12, 2024, the fund's Board of Trustees approved a management fee reduction. As a result, the information in the "Annual fund operating expenses" table and the "Expense example" table in the "Fund summary" section are amended and restated as follows to reflect the fund's management fee schedule effective immediately: 
Annual fund operating expenses (%) (expenses that you pay each year as a percentage of
the value of your investment)
A
C
I
R2
R4
R6
Management fee
0.68
1
0.68
1
0.68
1
0.68
1
0.68
1
0.68
1
Distribution and service (Rule 12b-1) fees
0.25
1.00
0.00
0.25
0.25
0.00
Other expenses
Service plan fee
0.00
0.00
0.00
0.25
0.10
0.00
Additional other expenses
0.19
0.19
0.19
0.07
0.07
0.07
Total other expenses
0.19
0.19
0.19
0.32
0.17
0.07
Total annual fund operating expenses
1.12
1.87
0.87
1.25
1.10
0.75
Contractual expense reimbursement
-0.01
2
-0.01
2
-0.01
2
-0.01
2
-0.11
2,3
-0.01
2
Total annual fund operating expenses after expense reimbursements
1.11
1.86
0.86
1.24
0.99
0.74
1
"Management fee" has been restated to reflect the contractual management fee schedule effective December 12, 2024.
2
The advisor contractually agrees to waive a portion of its management fee and/or reimburse expenses for the fund and certain other John Hancock funds according to an asset level breakpoint schedule that is based on the aggregate net assets of all the funds participating in the waiver or reimbursement, including the fund (the participating portfolios). This waiver equals, on an annualized basis, 0.0100% of that portion of the aggregate net assets of all the participating portfolios that exceeds $75 billion but is less than or equal to $125 billion; 0.0125% of that portion of the aggregate net assets of all the participating portfolios that exceeds $125 billion but is less than or equal to $150 billion; 0.0150% of that portion of the aggregate net assets of all the participating portfolios that exceeds $150 billion but is less than or equal to $175 billion; 0.0175% of that portion of the aggregate net assets of all the participating portfolios that exceeds $175 billion but is less than or equal to $200 billion; 0.0200% of that portion of the aggregate net assets of all the participating portfolios that exceeds $200 billion but is less than or equal to $225 billion; and 0.0225% of that portion of the aggregate net assets of all the participating portfolios that exceeds $225 billion. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each participating portfolio. During its most recent fiscal year, the fund's reimbursement amounted to 0.01% of the fund's average daily net assets. This agreement expires on July 31, 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.
3
The distributor contractually agrees to limit its Rule 12b-1 fees for Class R4 shares to 0.15%. This agreement expires on February 28, 2026, unless renewed by mutual agreement of the fund and the distributor based upon a determination that this is appropriate under the circumstances at that time.
Expense example
This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. Please see below a hypothetical example showing the expenses of a $10,000 investment for the time periods indicated and then, except as shown below, assuming you sell all of your shares at the end of those periods. The example assumes a 5% average annual return and that fund expenses will not change over the periods. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 
Shares Sold
Shares
Not Sold
Expenses ($)
A
C
I
R2
R4
R6
C
1 year
608
289
88
126
101
76
189
3 years
837
587
277
396
339
239
587
5 years
1,085
1,010
481
685
596
416
1,010
10 years
1,794
1,994
1,072
1,510
1,330
929
1,994
Manulife, Manulife Investment Management, Stylized M Design, and Manulife Investment Management & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by its affiliates under license.
 
Additionally, effective immediately, the table related to the fund's management fee schedule and the paragraph preceding the table in the "Fund details" section, under the heading "Who's who - Management fee," are amended and restated as follows:
Management fee
The fund pays the advisor a management fee for its services to the fund. The advisor in turn pays the fees of the subadvisor. The management fee is stated as an annual percentage of the aggregate net assets of the fund (together with the assets of any other applicable fund identified in the advisory agreement) determined in accordance with the following schedule, and that rate is applied to the average daily net assets of the fund. The fee schedule that follows became effective December 12, 2024. 
Average daily net assets ($)
Annual rate (%)
First 500 million
0.710
Next 500 million
0.690
Next 1 billion
0.680
Next 1 billion
0.670
Next 2 billion
0.660
Excess over 5 billion
0.650
You should read this supplement in conjunction with the Prospectus and retain it for your future reference.
  
Prospectus Supplement
John Hancock Investment Trust
John Hancock Disciplined Value International Fund (the fund)
Supplement dated December 12, 2024 to the current Prospectus, as may be supplemented (the Prospectus)
At a meeting held on December 10-12, 2024, the fund's Board of Trustees approved a management fee reduction. As a result, the information in the "Annual fund operating expenses" table and the "Expense example" table in the "Fund summary" section for the fund are amended and restated as follows to reflect the fund's management fee schedule effective immediately: 
Annual fund operating expenses (%) (expenses that you pay each year as a percentage of the value of your investment)
NAV
Management fee
0.68
1
Other expenses
0.07
Total annual fund operating expenses
0.75
Contractual expense reimbursement
-0.01
2
Total annual fund operating expenses after expense reimbursements
0.74
1
"Management fee" has been restated to reflect the contractual management fee schedule effective December 12, 2024.
2
The advisor contractually agrees to waive a portion of its management fee and/or reimburse expenses for the fund and certain other John Hancock funds according to an asset level breakpoint schedule that is based on the aggregate net assets of all the funds participating in the waiver or reimbursement, including the fund (the participating portfolios). This waiver equals, on an annualized basis, 0.0100% of that portion of the aggregate net assets of all the participating portfolios that exceeds $75 billion but is less than or equal to $125 billion; 0.0125% of that portion of the aggregate net assets of all the participating portfolios that exceeds $125 billion but is less than or equal to $150 billion; 0.0150% of that portion of the aggregate net assets of all the participating portfolios that exceeds $150 billion but is less than or equal to $175 billion; 0.0175% of that portion of the aggregate net assets of all the participating portfolios that exceeds $175 billion but is less than or equal to $200 billion; 0.0200% of that portion of the aggregate net assets of all the participating portfolios that exceeds $200 billion but is less than or equal to $225 billion; and 0.0225% of that portion of the aggregate net assets of all the participating portfolios that exceeds $225 billion. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each participating portfolio. During its most recent fiscal year, the fund's reimbursement amounted to 0.01% of the fund's average daily net assets. This agreement expires on July 31, 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.
Expense example
This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. Please see below a hypothetical example showing the expenses of a $10,000 investment for the time periods indicated and then assuming you sell all of your shares at the end of those periods. The example assumes a 5% average annual return and that fund expenses will not change over the periods. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 
Expenses ($)
NAV
1 year
76
3 years
239
5 years
416
10 years
929
Additionally, effective immediately, the table related to the fund's management fee schedule and the paragraph preceding the table in the "Fund details" section, under the heading "Who's who - Management fee for Disciplined Value International Fund," are amended and restated as follows:
Management fee for Disciplined Value International Fund
The fund pays the advisor a management fee for its services to the fund. The advisor in turn pays the fees of the subadvisor. The management fee is stated as an annual percentage of the aggregate net assets of the fund (together with the assets of any other applicable fund identified in the advisory agreement) determined in accordance with the following schedule, and that rate is applied to the average daily net assets of the fund. The fee schedule that follows became effective December 12, 2024. 
Manulife, Manulife Investment Management, Stylized M Design, and Manulife Investment Management & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by its affiliates under license.
 
Average daily net assets ($)
Annual rate (%)
First 500 million
0.710
Next 500 million
0.690
Next 1 billion
0.680
Next 1 billion
0.670
Next 2 billion
0.660
Excess over 5 billion
0.650
You should read this supplement in conjunction with the Prospectus and retain it for your future reference.