FREEDOM INVESTMENT TRUST
NSAR-B, 1996-11-07
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<PAGE>      PAGE  1
000 B000000 09/06/96
000 C000000 0000743861
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 FREEDOM INVESTMENT TRUST
001 B000000 811-3999
001 C000000 6173751702
002 A000000 101 HUNTINGTON AVENUE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02199
002 D020000 7603
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C020100 JOHN HANCOCK GOLD & GOVERNMENT FUND
007 C030100 Y
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 SALOMON BROTHERS, INC.
020 B000001 13-3082694
020 C000001     34
020 A000002 RBC DOMINION SECURITIES
020 C000002     20
020 A000003 AUERBACH GRAYSON & CO.
020 B000003 13-3676908
020 C000003     13
020 A000004 NATWEST SECURITIES
020 C000004     11
020 A000005 DLJ
020 B000005 13-2741729
020 C000005     10
020 A000006 LIPPER
020 C000006      8
020 A000007 UNION BANK SWITZERLAND
<PAGE>      PAGE  2
020 B000007 04-2474663
020 C000007      8
020 A000008 CAPEL, JAMES SECURITIES INC.
020 B000008 52-1348224
020 C000008      6
020 A000009 MORGAN STANLEY
020 B000009 13-2655998
020 C000009      5
020 A000010 WEEDEN & CO.
020 C000010      5
021  000000      167
022 A000001 SWISS BANK CORP.
022 B000001 13-2639550
022 C000001    395817
022 D000001         0
022 A000002 FUJI SECURITIES
022 B000002 36-2880742
022 C000002    252693
022 D000002         0
022 A000003 LEHMAN BROTHERS
022 B000003 13-2501865
022 C000003    159109
022 D000003         0
022 A000004 ZION FIRST NATIONAL BANK
022 C000004     94635
022 D000004         0
022 A000005 TORONTO DOMINION BANK
022 C000005     42836
022 D000005         0
022 A000006 BANKERS TRUST
022 B000006 13-4941247
022 C000006     28705
022 D000006         0
022 A000007 UBS
022 B000007 04-2474663
022 C000007     12659
022 D000007         0
022 A000008 BANK OF AMERICA
022 B000008 94-1687665
022 C000008     11125
022 D000008         0
022 A000009 MERRILL
022 C000009     11000
022 D000009         0
022 A000010 MCDONALD & CO.
022 C000010      6827
022 D000010         0
023 C000000    1086592
023 D000000      18341
026 A000000 N
026 B000000 Y
<PAGE>      PAGE  3
026 C000000 N
026 D000000 Y
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026 G020000 N
026 H000000 N
027  000000 Y
077 A000000 Y
077 B000000 N
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077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
008 A000101 JOHN HANCOCK ADVISERS, INC.
008 B000101 A
008 C000101 801-8124
008 D010101 BOSTON
008 D020101 MA
008 D030101 02199
008 D040101 7603
011 A000101 JOHN HANCOCK FUNDS, INC.
011 B000101 8-43582
011 C010101 BOSTON
011 C020101 MA
011 C030101 02199
011 C040101 7603
011 A000102 FREEDOM DISTRIBUTORS CORPORATION
011 B000102 8-37458
011 C010102 BOSTON
011 C020102 MA
011 C030102 02108
012 A000101 JOHN HANCOCK INVESTOR SERVICES CORPORATION
012 B000101 84-1885
012 C010101 BOSTON
012 C020101 MA
012 C030101 02199
<PAGE>      PAGE  4
012 C040101 7603
013 A000101 PRICE WATERHOUSE LLP
013 B010101 BOSTON
013 B020101 MA
013 B030101 02110
014 A000101 JOHN HANCOCK DISTRIBUTORS, INC.
014 B000101 8-13995
014 A000102 JOHN HANCOCK FUNDS, INC.
014 B000102 8-43582
014 A000103 TUCKER ANTHONY, INC.
014 B000103 8-24297
014 A000104 SUTRO & CO., INC.
014 B000104 8-7981
014 A000105 JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY
014 B000105 8-15661
014 A000106 FREEDOM DISTRIBUTORS CORPORATION
014 B000106 8-37458
015 A000101 INVESTORS BANK & TRUST COMPANY
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02111
015 E010101 X
018  000100 Y
019 A000100 Y
019 B000100   60
019 C000100 JOHNHANCOC
024  000100 N
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<PAGE>      PAGE  5
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028 G020100       144
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028 H000100      2955
029  000100 Y
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030 B000100  5.00
030 C000100  0.00
031 A000100      2
031 B000100      0
032  000100      6
033  000100      9
034  000100 Y
035  000100     94
036 A000100 Y
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<PAGE>      PAGE  6
048 H010100        0
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048 I010100        0
048 I020100 0.000
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048 K010100   500000
048 K020100 0.750
049  000100 N
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054 B000100 Y
054 C000100 N
054 D000100 N
054 E000100 N
054 F000100 N
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054 H000100 Y
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054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 Y
054 N000100 N
054 O000100 N
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055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
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060 B000100 Y
061  000100     1000
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062 C000100   0.0
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062 E000100   0.0
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062 H000100   0.0
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<PAGE>      PAGE  7
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100   0
063 B000100  0.0
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 Y
066 E000100 N
066 F000100 N
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
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070 C010100 Y
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 N
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
<PAGE>      PAGE  8
070 R010100 N
070 R020100 N
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071 B000100     42783
071 C000100     17576
071 D000100   90
072 A000100 11
072 B000100      942
072 C000100       63
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072 E000100        0
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072 G000100        0
072 H000100        0
072 I000100       77
072 J000100       42
072 K000100        0
072 L000100       21
072 M000100        5
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072 Q000100        0
072 R000100        2
072 S000100        1
072 T000100       93
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072 V000100        0
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072 X000100      488
072 Y000100        0
072 Z000100      517
072AA000100     2391
072BB000100        0
072CC010100      455
072CC020100        0
072DD010100      316
072DD020100      260
072EE000100        0
073 A010100   0.2610
073 A020100   0.2537
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<PAGE>      PAGE  9
074 I000100        0
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074 P000100       14
074 Q000100        0
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074 R030100        0
074 R040100       11
074 S000100        0
074 T000100    24773
074 U010100      991
074 U020100      762
074 V010100    14.14
074 V020100    14.11
074 W000100   0.0000
074 X000100     2777
074 Y000100        0
075 A000100        0
075 B000100    32806
076  000100     0.00
080 A000100 GULF INSURANCE COMPANY
080 B000100 ICI MUTUAL INSURANCE COMPANY
080 C000100    35000
081 A000100 Y
081 B000100  79
082 A000100 N
082 B000100        0
083 A000100 N
083 B000100        0
084 A000100 N
084 B000100        0
085 A000100 Y
085 B000100 N
SIGNATURE   SUSAN S. NEWTON                              
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 011
   <NAME> JOHN HANCOCK GOLD & GOVERNMENT FUND - CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               SEP-06-1996
<INVESTMENTS-AT-COST>                       23,282,034
<INVESTMENTS-AT-VALUE>                      24,768,224
<RECEIVABLES>                                   29,192
<ASSETS-OTHER>                                   1,591
<OTHER-ITEMS-ASSETS>                         1,485,873
<TOTAL-ASSETS>                              24,798,690
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       25,276
<TOTAL-LIABILITIES>                             25,276
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    33,123,061
<SHARES-COMMON-STOCK>                          991,293
<SHARES-COMMON-PRIOR>                        1,386,291
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (9,835,665)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,486,018
<NET-ASSETS>                                24,773,414
<DIVIDEND-INCOME>                               63,292
<INTEREST-INCOME>                              942,184
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 488,476
<NET-INVESTMENT-INCOME>                        517,000
<REALIZED-GAINS-CURRENT>                     2,390,679
<APPREC-INCREASE-CURRENT>                      455,228
<NET-CHANGE-FROM-OPS>                        3,362,907
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      315,786
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        807,558
<NUMBER-OF-SHARES-REDEEMED>                  1,220,856
<SHARES-REINVESTED>                             18,300
<NET-CHANGE-IN-ASSETS>                    (10,445,185)
<ACCUMULATED-NII-PRIOR>                        100,015
<ACCUMULATED-GAINS-PRIOR>                 (12,267,172)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          223,001
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                488,476
<AVERAGE-NET-ASSETS>                        32,806,013
<PER-SHARE-NAV-BEGIN>                            13.20
<PER-SHARE-NII>                                   0.23
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<PER-SHARE-DIVIDEND>                              0.26
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.14
<EXPENSE-RATIO>                                   1.72
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 012
   <NAME> JOHN HANCOCK GOLD & GOVERNMENT FUND - CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               SEP-06-1996
<INVESTMENTS-AT-COST>                       23,282,034
<INVESTMENTS-AT-VALUE>                      24,768,224
<RECEIVABLES>                                   29,192
<ASSETS-OTHER>                                   1,591
<OTHER-ITEMS-ASSETS>                         1,485,873
<TOTAL-ASSETS>                              24,798,690
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       25,276
<TOTAL-LIABILITIES>                             25,276
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    33,123,061
<SHARES-COMMON-STOCK>                          762,359
<SHARES-COMMON-PRIOR>                        1,284,093
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (9,835,665)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                24,773,414
<DIVIDEND-INCOME>                               63,292
<INTEREST-INCOME>                              942,184
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 488,476
<NET-INVESTMENT-INCOME>                        517,000
<REALIZED-GAINS-CURRENT>                     2,390,679
<APPREC-INCREASE-CURRENT>                      455,228
<NET-CHANGE-FROM-OPS>                        3,362,907
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      260,401
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        734,719
<NUMBER-OF-SHARES-REDEEMED>                  1,269,327
<SHARES-REINVESTED>                             12,874
<NET-CHANGE-IN-ASSETS>                    (10,445,185)
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<ACCUMULATED-GAINS-PRIOR>                 (12,267,172)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          223,001
<INTEREST-EXPENSE>                                   0
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<AVERAGE-NET-ASSETS>                        32,806,013
<PER-SHARE-NAV-BEGIN>                            13.18
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<PER-SHARE-DIVIDEND>                              0.25
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
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<EXPENSE-RATIO>                                   1.79
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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