John Hancock Launches Global Conservative Absolute Return Fund

        John Hancock Launches Global Conservative Absolute Return Fund

Offers alternative fixed-income strategy for a rising rate environment

PR Newswire

BOSTON, July 31, 2013

BOSTON, July 31, 2013 /PRNewswire/ -- John Hancock said today that it has
launched the John Hancock Global Conservative Absolute Return Fund to new
sales for Class A, Class I and Class R6 shares (Class A: JHRAX, Class I:
JHRIX, Class R6: JHRRX). Standard Life Investments, which has managed
absolute return assets since 2005, is the fund's investment manager.

"Our new John Hancock Global Conservative Absolute Return Fund (GCAR) is yet
another example of our strategy of providing investors and financial advisors
exclusive access to an array of alternative investing strategies managed by
premier, institutional-caliber investment management firms," said Andrew G.
Arnott, President & Chief Executive Officer, John Hancock Funds, LLC.

"Compared with the John Hancock Global Absolute Return Strategies Fund, known
as GARS and also managed by Standard Life Investments, the new GCAR fund
offers investors the ability to further diversify their portfolios through an
absolute return strategy with potentially lower volatility, zero equity
exposure, and a more conservative investment philosophy. GCAR may also
potentially act as a fixed income substitute for investors who are concerned
about rising interest rates and correlation to broad fixed income markets," he

Launched late in 2011, GARS has been one of the fastest-growing funds for John
Hancock, crossing the $3 billion in assets milestone in just 17 months.

"Standard Life Investments is one of the largest managers of Absolute Return
Strategies with more than $40 billion under management and over 1,200
institutional clients in this type of product," noted Mr. Arnott. "And the
experienced team of Ian Pizer and Roger Sadewsky has been running the GCAR
strategy for Standard Life Investments' institutional clients since inception
inMarch 2011."

Keith Skeoch, Chief Executive Officer of Standard Life Investments, said:
"John Hancock and Standard Life Investments share a common commitment to
providing investors with innovative products designed to meet their specific
investment needs. The GCAR fund builds on our many years of experience of
working in the multi-asset investing space. We believe that it will appeal to
many investors looking to generate absolute returns with lower levels of
volatility. The launch of the fund is further evidence of the growing
relationship between Standard Life Investments and John Hancock, a
relationship that allows us to deliver investment potential to the largest
asset management market in the world. We look forward to working with John
Hancock to help deliver absolute returns for their clients."

Ian Pizer, PhD, CFA, and Roger Sadewsky, both Investment Directors,
Multi-Asset Investing with Standard Life Investments, are the portfolio
managers for the GCAR fund. Mr. Pizer is responsible for the generation of
interest rate strategies for inclusion across Standard Life Investments'
fixed-interest portfolios and for consideration by multi-asset portfolios.
Additionally, he is chair of the Bond Investment Group and a member of the
Strategic Investment Group. Mr. Sadewsky provides research input into the
Macro fixed income environment and has a specialist background in credit and
credit derivatives.

The investment strategy underlying the GCAR fund was originally designed by
Standard Life Investments to help a U.K. corporate client diversify its fixed
income portfolio. While GARS invests in a spectrum of equity, equity-like,
fixed income and fixed income-like securities, GCAR has no equity or
equity-like exposure, which leads the fund to have a fundamentally different
risk/return spectrum that looks to deliver a return commensurate with a
lowered risk profile. GCAR has a 12-18 month outlook for each of its
strategies, allowing it the ability to be slightly more tactical, compared
with GARS' three year outlook for strategies.

The GCAR fund seeks long term absolute return. It has a broad investment
mandate that permits use of an extensive range of investment strategies and
investment in a wide spectrum of fixed-income securities and currencies, as
well as derivative instruments, in pursuing its investment objective. The
portfolio managers employ an unconstrained approach to achieving absolute
return via a diversified global portfolio. The portfolio uses multiple
strategies across various fixed-income asset classes and currencies. It aims
to exploit market cyclicality and a diverse array of inefficiencies across and
within global markets to achieve risk-adjusted absolute return, by investing
in listed debt securities, and derivatives or other instruments, for both
investments and hedging purposes. Derivative instruments routinely used may
include futures, options, swaps and foreign currency forward contracts.

The minimum initial investment for Class A shares of the GCAR fund is $1,000,
with certain exceptions.

About John Hancock Funds

The Boston-based mutual fund business unit of John Hancock Financial, John
Hancock Funds is a world-class provider of asset management solutions,
utilizing a unique best of breed, "manager of managers" model with an asset
allocation mindset. We partner with affiliated and non-affiliated asset
managers from around the world through objective manager selection and
diligent oversight. John Hancock Funds manages open-end funds, closed-end
funds, college savings assets, retirement plans and related party assets for
individual and institutional investors.

About John Hancock Financial and Manulife Financial

John Hancock Financial is a division of Manulife Financial, a leading
Canada-based financial services group with principal operations in Asia,
Canada and the United States. Operating as Manulife Financial in Canada and
Asia, and primarily as John Hancock in the United States, the Company offers
clients a diverse range of financial protection products and wealth management
services through its extensive network of employees, agents and distribution
partners. Funds under management by Manulife Financial and its subsidiaries
were C$555 billion (US$547 billion) as at March 31, 2013. Manulife Financial
Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the
SEHK. Manulife Financial can be found on the Internet at

The John Hancock unit, through its insurance companies, comprises one of the
largest life insurers in the United States. John Hancock offers and
administers a broad range of financial products, including life insurance,
annuities, mutual funds, 401(k) plans, long-term care insurance, college
savings, and other forms of business insurance. Additional information about
John Hancock may be found at

About Standard Life Investments

As of March 31, 2013, Standard Life Investments (Corporate Funds) Limited
(Standard Life Investments) managed $272.0 billion in assets under management
across the spectrum of investment capabilities spanning equities, fixed
income, real estate, private equity, multi-asset solutions, fund-of-funds as
well as absolute return strategies. Headquartered in Edinburgh, Standard Life
Investments employs more than 1,000 people. Standard Life Investments has
offices globally, including locations in Boston, Hong Kong, London, Beijing,
Montreal, Sydney, Dublin, Paris and Seoul. In addition, Standard Life
Investments has close relationships with leading domestic players in Asia,
including HDFC Asset Management in India and Sumitomo Mitsui Trust Bank in
Japan. Standard Life Investments was launched as an investment management
company in 1998. It is a subsidiary of Standard Life Investments (Holdings)
Limited, which in turn is a wholly-owned subsidiary of Standard Life plc.

Absolute return funds are not designed to outperform stocks and bonds in
strong markets. There is no guarantee of a positive return, of the fund
achieving its objective, or that volatility-reducing strategies will be
successful. The use of hedging and derivatives could produce disproportionate
gains or losses and may increase costs. Fixed-income investments are subject
to interest-rate and credit risk; their value will normally decline as
interest rates rise or if a creditor is unwilling to make principal or
interest payments. Illiquid securities may be difficult to sell at a price
approximating their value. Currency transactions are affected by fluctuations
in exchange rates. Foreign investing, especially in emerging markets, has
additional risks, such as currency and market volatility, and political and
social instability. Investments in higher-yielding, lower-rated securities
include a higher risk of default. Please see the fund's prospectus for
additional risks.

A portfolio's investment objectives, risks, charges and expenses should be
considered carefully before investing. The prospectus contains this and other
important information about the portfolio. To obtain a prospectus, contact
your financial professional, call John Hancock Investments at 800-225-5291 or
visit our website at Please read the prospectus carefully before
investing or sending money.

SOURCE John Hancock Funds

Contact: Brian Carmichael, (617) 663-4748,
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