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John Hancock Freedom 529

T. Rowe Price and John Hancock have teamed up with Alaska to offer the John Hancock Freedom 529 advisor-sold 529 savings program. It features enrollment-based and static portfolios utilizing mutual funds from over 20 asset managers. To find a financial advisor in your area, use the Directory of Financial Professionals.

Our Ratingx

3.5 of 5

Fee Scorex

3 of 5


2.5 of 5

  • Program typeSavings
  • Inception2001
  • State agency
    Education Trust of Alaska
  • Tax deduction
  • Program Manager
    T. Rowe Price Associates, Inc.
  • Program distributor
    John Hancock Distributors LLC
  • Manager contract termUNLOCK PRO

Investors in John Hancock Freedom 529 can select from the following investment options. Click on a portfolio name for more information.

Use the form below to filter through the investment options in this plan

Child age

Max Expense Ratio:2.5%

Age Based Investment Options

Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.

PortfolioE.R% Equity1YR PerformanceRank
Portfolio 2021-20241.25%48.5%5.36%2 of 32
Portfolio 2017-20201.17%25.75%3.50%4 of 26
Portfolio 2025-20281.27%69.75%7.85%1 of 20
College Portfolio1.10%20%2.51%3 of 33
Portfolio 2029-20321.31%90%10.54%1 of 16
Portfolio 2033-20361.32%100%11.70%1 of 16

Static Investment Options

This refers to an investment option that is not programmed to change over time. The individual fund portfolio and multi-fund portfolio described below are static options. So are many portfolios that do not use mutual funds, such as stable-value options, guaranteed options, CD options, etc.

PortfolioE.R% Equity1YR PerformanceRank
Short-Term Bond Portfolio0.91%0%0.11%12 of 24
Fixed Income Portfolio1.09%0%-1.3%53 of 98
Equity Portfolio1.32%100%11.46%114 of 308
Future Trends Portfolio1.35%99.99%15.45%54 of 308
Multimanager Lifestyle Growth 529 Portfolio1.48%80%7.16%10 of 34
Multimanager Lifestyle Balanced 529 Portfolio1.45%60%5.17%11 of 37
Multimanager Lifestyle Moderate 529 Portfolio1.42%40%2.42%14 of 19

Individual Investment Options

Sometimes called a single-fund option, this is a portfolio invested in a single mutual fund. Often the name of the 529 portfolio is very similar to the name of the underlying mutual fund. A large number of broker-sold 529s offer an extensive line-up of individual fund options, while a smaller number of direct-sold 529s offer them.

PortfolioE.R% Equity1YR PerformanceRank
Money Market Portfolio0.63%0%0.91%20 of 26
International Value Portfolio1.41%100%-1.28%298 of 308
New Horizons Portfolio1.32%100%30.50%10 of 308
Blue Chip Growth Portfolio1.25%100%26.55%12 of 308
Mid-Cap Value Portfolio1.34%100%9.37%149 of 308
Small-Cap Stock Portfolio1.44%100%18.75%58 of 308
American Mutual Portfolio1.22%100%11.15%167 of 308
Equity Income Portfolio1.2%100%8.5%203 of 308
Capital Appreciation Portfolio1.29%100%26.05%7 of 308

Use the form below to filter through the investment options in this plan

Child age

Max Expense Ratio:2.5%