<PAGE> 1
John Hancock Investment Quality Bond Fund
Supplement to Prospectus dated July 17, 1995
On May 16, 1995, the Trustees of the John Hancock Investment Quality
Bond Fund (the "Fund") voted to recommend that the shareholders approve a
tax-free reorganization of the Fund, as described below.
Under the terms of the reorganization, subject to shareholder approval
at a shareholder meeting scheduled to be held in September, 1995, the Fund
would transfer all of its assets and liabilities to John Hancock Sovereign
Bond Fund ("Sovereign Bond Fund") in a tax-free exchange for shares of equal
value of Sovereign Bond Fund. Further information regarding the proposed
reorganization will be contained in a proxy statement and prospectus which is
scheduled to be mailed to shareholders on or about July 21, 1995.
John Hancock Investment Quality Bond Fund will be closed to new accounts
effective at the end of the day July 14, 1995.
July 17, 1995
T120S
<PAGE> 2
John Hancock Intermediate Government Trust
Supplement to Prospectus dated July 17, 1995
On May 16, 1995, the Trustees of the John Hancock Intermediate Government
Trust (the "Fund") voted to recommend that the shareholders approve a tax-free
reorganization of the Fund, as described below.
Under the terms of the reorganization, subject to shareholder approval at a
shareholder meeting scheduled to be held in September, 1995, the Fund would
transfer all of its assets and liabilities to John Hancock Adjustable U.S.
Government Trust ("Adjustable U.S. Government Trust") in a tax-free exchange
for shares of equal value of Adjustable U.S. Government Trust. Further
information regarding the proposed reorganization will be contained in a proxy
statement and prospectus which is scheduled to be mailed to shareholders on or
about July 21, 1995. (For a description of certain proposed changes to the
investment objectives and policies of Adjustable U.S. Government Trust, please
refer to the Fund's Prospectus.)
John Hancock Intermediate Government Trust will be closed to new accounts
effective at the end of the day, July 14, 1995.
July 17, 1995
T220S
<PAGE> 3
John Hancock U.S. Government Trust
Supplement to Prospectus dated July 17, 1995
On May 16, 1995, the Trustees of the John Hancock U.S. Government Trust (the
"Fund") voted to recommend that the shareholders approve a tax-free
reorganization of the Fund, as described below.
Under the terms of the reorganization, subject to shareholder approval at a
shareholder meeting scheduled to be held in September, 1995, the Fund would
transfer all of its assets and liabilities to John Hancock Adjustable U.S.
Government Trust ("Adjustable U.S. Government Trust") in a tax-free exchange
for shares of equal value of Adjustable U.S. Government Trust. Further
information regarding the proposed reorganization will be contained in a proxy
statement and prospectus which is scheduled to be mailed to shareholders on or
about July 21, 1995. (For a description of certain proposed changes to the
investment objectives and policies of Adjustable U.S. Government Trust, please
refer to the Fund's Prospectus.)
John Hancock U.S. Government Trust will be closed to new accounts effective at
the end of the day, July 14, 1995.
July 17, 1995
T300S
<PAGE> 4
John Hancock Government Securities Trust
Supplement to Prospectus dated July 17, 1995
On May 16, 1995, the Trustees of the John Hancock Government Securities Trust
(the "Fund") voted to recommend that the shareholders approve a tax-free
reorganization of the Fund, as described below.
Under the terms of the reorganization, subject to shareholder approval at a
shareholder meeting scheduled to be held in September, 1995, the Fund would
transfer all of its assets and liabilities to John Hancock Government Income
Fund ("Government Income Fund") in a tax-free exchange for shares of equal
value of Government Income Fund. Further information regarding the proposed
reorganization will be contained in a proxy statement and prospectus which is
scheduled to be mailed to shareholders on or about July 21, 1995.
John Hancock Government Securities Trust will be closed to new accounts
effective at the end of the day, July 14, 1995.
July 17, 1995
T100S
<PAGE> 5
JOHN HANCOCK ADJUSTABLE U.S. GOVERNMENT TRUST (the "Fund")
Supplement to Prospectus dated July 17, 1995
On May 16, 1995, the Trustees of the Fund voted to recommend that the
Fund's shareholders approve certain changes to the Fund's operation and
investment objective. A proxy statement describing these proposals in detail
will be mailed on or about July 21, 1995 to shareholders of record as of July
14, 1995.
The Trustees voted to recommend to shareholders that the Fund adopt a
new investment objective. As proposed, the Fund's investment objective will
be to achieve a high level of current income, consistent with the preservation
of capital and maintenance of liquidity.
The Trustees also voted to adopt changes to the Fund's non-fundamental
investment policies. These changes do not require shareholder approval. The
Fund's amended investment policies would reposition the Fund as an
"intermediate" term government fund. The Fund proposes to invest at least 65%
of its assets in U.S. Government securities, including mortgage backed
securities issued by U.S. Government agencies, Tennessee Valley Authority and
World Bank obligations and medium term notes. Under normal market
conditions, the Fund would maintain a weighted average maturity or remaining
average life of three to ten years.
T320S 7/95
