JOHN HANCOCK GROWTH AND INCOME FUND
Supplement to Prospectus dated January 1, 1997
The PORTFOLIO SECURITIES section on page 4 of the Prospectus is deleted and
replaced with the following:
The fund may invest in most types of securities, including:
o common and preferred stocks, warrants and convertible securities
o U.S. Government and agency debt securities, including mortgage-backed
securities
o corporate bonds, notes and other debt securities of any maturity
The fund may invest up to 15% of net assets in debt securities, including
convertible securities, that may be rated as low as CC/Ca and their unrated
equivalents (junk bonds).
The fund may invest up to 25% of assets in foreign securities (35% during
adverse U.S. market conditions); however, foreign securities typically have not
exceeded 5% of assets. To a limited extent the fund also may invest in certain
higher-risk securities, and may engage in other investment practices.
For temporary defensive purposes, the fund may invest some or all of its
assets in investment-grade short- term securities.
The Higher-Risk Securities and Practices table on page 27 of the Prospectus is
amended as follows:
The fund may invest up to 15% of net assets in non-investment-grade debt
securities.
January 2, 1997
GINPS 1/97