FREEDOM INVESTMENT TRUST II
497, 1996-03-29
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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 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 up to 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

March 18, 1996



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