<PAGE> 1
John Hancock Regional Bank Fund
John Hancock Gold & Government Fund
Supplement to Class A and Class B Prospectus
dated March 1, 1995 as revised August 1, 1995
ADDITIONAL SERVICES AND PROGRAMS
Exchange Privilege
The paragraph under this heading regarding exchanges of Class B shares into
John Hancock Cash Management Fund is deleted in its entirety and replaced by:
You may exchange Class B shares of the Fund(s) into Class B shares
of John Hancock Money Market Fund at net asset value. However, you
will continue to be subject to a CDSC upon redemption.
September 29, 1995
0104S-9/95
<PAGE> 2
John Hancock Short-Term Strategic Income Fund, March 1, 1995
John Hancock Managed Tax-Exempt Fund, March 1, 1995
John Hancock Special Opportunities Fund, March 1, 1995
John Hancock International Fund, March 1, 1995
John Hancock Sovereign Achievers Fund, March 1, 1995
John Hancock Sovereign U.S. Government Fund, March 1, 1995
John Hancock Special Equities Fund, March 1, 1995
Supplement to Class A and Class B Prospectus
The "Qualifying for a Reduced Sales Charge" section under SHARE PRICE is
supplemented as follows:
Effective March 15, 1995, participant directed defined contribution
plans with at least 100 eligible employees at the inception of the
Fund account may purchase Class A shares of the Fund without an
initial sales charge but if the shares are redeemed within 12 months
after the end of the calendar year in which the purchase was made, a
contingent deferred sales charge will be imposed at the rate for Class
A shares described in the prospectus.
ADDITIONAL SERVICES AND PROGRAMS
Exchange Privilege
The paragraph under this heading regarding exchanges of Class B shares into
John Hancock Cash Management Fund is deleted in its entirety and replaced by:
You may exchange Class B shares of the Fund(s) into Class B shares
of John Hancock Money Market Fund at net asset value. However, you
will continue to be subject to a CDSC upon redemption.
September 29, 1995
MF31S 9/95
