Supplement to the John Hancock Growth Funds Prospectus
dated March 1, 1998 for Financial Industries Fund
On page 6, the "Portfolio Management" section has been changed for Financial
Industries Fund to correct a date, as follows:
James K. Schmidt, CFA, leads the fund's management team. Mr. Schmidt, executive
vice president, has been in the investment business since 1979 and has served as
the fund's portfolio manager since its inception. Other portfolio managers on
the team are Thomas Finucane, vice president, who has been in the investment
business since joining the adviser in 1990 and Thomas Goggins, senior vice
president, who has been in the investment business since 1986 and joined the
adviser in 1995.
June 15, 1998