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JOHN HANCOCK VARIABLE ANNUITY ACCOUNT H
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REVOLUTION VALUE VARIABLE ANNUITY
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SUPPLEMENT DATED JUNE 1, 2000
TO
PROSPECTUS DATED MAY 1, 2000
This Supplement will be used only with contracts sold through the above-referenced
prospectus and through registered representatives affiliated with the M Financial
Group.
(1) The contract enables you to invest in four additional variable
investment options:
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Variable Investment Option Managed By:
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Brandes International Equity ......... Brandes Investment Partners, L.P.
Turner Core Growth ................... Turner Investment Partners, Inc.
Frontier Capital Appreciation ........ Frontier Capital Managment Company, LLC
Clifton Enhanced U.S. Equity ......... The Clifton Group
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If you select one or more of these variable investment options, we will invest
your money in the corresponding investment option(s) of the M Fund, Inc. M Fund,
Inc. is a so-called "series" type mutual fund registered with the SEC. In the
prospectus, the term "Trusts" includes M Fund, Inc., and the term "Funds"
includes the corresponding investment options of M Fund, Inc. We may modify or
delete the variable investment options in the future.
(2) The Annual Fund Expenses table beginning on page 5 of the
prospectus is supplemented with the following information on the four
additional variable investment options:
Investment Distribution and Other Operating Total Fund Other Operating
Management Service Expenses With Operating Expenses Absent
Fund Name Fee (12b-1) Fees Reimbursement Expenses Reimbursement*
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M Fund, Inc.:
Brandes International Equity............ 0.96% N/A 0.25% 1.21% 0.97%
Turner Core Growth ..................... 0.45% N/A 0.25% 0.70% 0.95%
Frontier Capital Appreciation .......... 0.90% N/A 0.25% 1.15% 0.57%
Clifton Enhanced U.S. Equity ........... 0.55% N/A 0.25% 0.80% 1.08%
* M Financial Advisers, Inc. reimburses a Fund when the Fund's other operating
expenses exceed 0.25% of the Fund's average daily net assets.
(3) The examples on pages 8 and 9 of the prospectus are supplemented
with the following information on the current expenses you would pay,
directly or indirectly, on a $1,000 investment allocated to one of the
four additional variable investment options, assuming a 5% annual
return on assets (but not including any applicable premium taxes or any
fees for optional benefit riders; actual expense may be greater or less
than those shown above and in the Fee table on page 5 of the
prospectus):
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If you "surrender" (turn in) your contract at the end of the applicable
time period, you would pay:
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1 Year 3 Years 5 Years 10 Years
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Brandes International Equity $89 $124 $161 $287
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Turner Core Growth $84 $108 $135 $235
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Frontier Capital Appreciation $88 $122 $158 $281
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Clifton Enhanced U.S. Equity $85 $111 $140 $245
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If you begin receiving payments under one of our annuity payment
options at the end of the applicable time period, or if you do not surrender
your contact, you would pay:
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1 Year 3 Years 5 Years 10 Years
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Brandes International Equity $26 $79 $135 $287
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Turner Core Growth $21 $63 $109 $235
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Frontier Capital Appreciation $25 $77 $132 $281
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Clifton Enhanced U.S. Equity $22 $66 $114 $245
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(4) The four additional variable investment options listed on the first
page of this Supplement are each subject to all the terms and
conditions of the contracts and the procedures described in the
prospectus (See "How can I change my contract's investment
allocations?" beginning on page 16 of the prospectus.)
(5) The section entitled "Distribution of contracts", as appearing on
page 45 of the prospectus, is hereby deleted and the following is
substituted in its place:
Distribution of contracts
John Hancock Funds, Inc. ("JHFI") will act as principal distributor of the
contracts sold through this prospectus, with the exception of contracts sold
through registered representatives affiliated with the M Financial Group for
which Signator Investors, Inc. ("Signator") will act as principal distributor.
JHFI and Signator are each registered as a broker-dealer under the Securities
Exchange Act of 1934 and a member of the National Association of Securities
Dealers, Inc. JHFI's address is 101 Huntington Avenue, Boston, Massachusetts
02199. Signator's address is 200 Clarendon Street, John Hancock Place, Boston,
Massachusetts 02117.
You can purchase a contract through broker-dealers and certain financial
institutions who have entered into selling agreements with John Hancock and
JHFI, or Signator in the case of firms affiliated with the M Financial Group,
and whose representatives are authorized by applicable law to sell annuity
products. We do not expect the compensation to such broker-dealers and financial
institutions to exceed 8.0% of premium payments (on a present value basis). For
limited periods of time, we may pay additional compensation to broker-dealers as
part of special sales promotions. We offer these contracts on a continuous
basis, but neither John Hancock nor JHFI nor Signator is obligated to sell any
particular amount of contracts. We reimburse JHFI and Signator for direct and
indirect expenses actually incurred in connection with the marketing and sale of
these contracts. Both JHFI and Signator are subsidiaries of John Hancock.
This supplement is accompanied with a prospectus dated May 1, 2000 for the M Fund,
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Inc. that contains detailed information about the Funds. Be sure to read that prospectus
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before selecting any of the four additional variable investment options.
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