John Hancock High Yield Bond Fund
John Hancock Sovereign Bond Fund
(together, the "funds")
Supplement to the Prospectus, effective August 30, 1996
(to be distributed to investors in the State of Maryland)
The funds' goal, strategy and primary investment policies are described on page
6 and page 12 of the prospectus. Each of these pages is supplemented as follows:
In pursuing its goal, the adviser will evaluate the level of risk inherent
to particular securities when considering the level of income offered by
these securities. The risks associated with these securities are defined
under the heading "More About Risk" on page 29 of the prospectus. There is
no assurance that the fund will achieve its goal.
August 30, 1996
