FREEDOM INVESTMENT TRUST II
497, 1996-06-07
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                 John Hancock Global Income Fund, March 1, 1996

             Supplement to Class A and Class B Share Prospectus and
                      Statement of Additional Information

On May 21, 1996,  the Trustees of John Hancock  Global  Income Fund (the "Fund")
voted to change the Fund's name to John Hancock World Bond Fund  effective  July
1, 1996.

On March 5, 1996,  the  Trustees  of the John  Hancock  Global  Income Fund (the
"Fund") voted to recommend that the shareholders approve a proposal to amend the
Fund's  investment  objective  to allow the Fund to invest  less than 35% of its
total assets in  non-investment  grade debt securities,  commonly referred to as
"emerging market" or "junk" bonds.

On June 26, 1996, the Fund's shareholders will vote on the investment  objective
revised as follows:

To achieve a high total  investment  return, a combination of current income and
capital  appreciation,  by  investing  in a  global  portfolio  of  fixed-income
securities.

0900S-3-96

July 1, 1996



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