<PAGE> 1
JOHN HANCOCK CAPITAL GROWTH FUND
SUPPLEMENT TO PROSPECTUS
On May 16, 1995, the Trustees of the John Hancock Capital Growth 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 Growth Fund
("Growth Fund") in a tax-free exchange for shares of equal value of Growth
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 Capital Growth Fund will be closed to new accounts effective
at the end of the day, July 14, 1995.
May 18, 1995
T140S
