John Hancock Funds
Supplement to Statement of Additional Information
The "INITIAL SALES CHARGE ON CLASS A SHARES" section is supplemented under the
heading "Without Sales Charge" by adding:
o Retirement plans participating in Merrill Lynch servicing programs, if
the Plan has more than $3 million in assets or 500 eligible employees
at the date the Plan Sponsor signs the Merrill Lynch Recordkeeping
Service Agreement. See your Merrill Lynch financial consultant for
further information.
The "INITIAL SALES CHARGE ON CLASS A AND CLASS B SHARES" section is supplemented
under the heading "Without Sales Charge" by adding:
o For retirement plans participating in Merrill Lynch's servicing
programs, Class A shares are not available at net asset value for
Plans with less than $3 million or 500 eligible employees at the date
the Plan Sponsor signs the Merrill Lynch Recordkeeping Service
Agreement. Class B shares are available. See your Merrill Lynch
financial consultant for further information.
The "DEFERRED SALES CHARGE ON CLASS B SHARES" section is supplemented under the
heading "Waiver of Contingent Deferred Sales Charge" by adding:
o Retirement plans participating in Merrill Lynch servicing programs, if
the Plan has more than $3 million in assets or 500 eligible employees
at the date the Plan Sponsor signs the Merrill Lynch Recordkeeping
Service Agreement. See your Merrill Lynch financial consultant for
further information.
The "DEFERRED SALES CHARGE ON CLASS B SHARES" section is supplemented under the
heading "For Retirement Accounts" by adding:
o For retirement plans participating in Merrill Lynch's servicing
programs that are investing in Class B shares, shares will convert to
Class A shares after eight years, (5 years for Short-Term Strategic
Income Fund, Intermediate Maturity Fund and Limited-Term Government
Fund) or sooner if the plan attains assets of $5 million (by means of
a CDSC-free redemption/purchase at net asset value).
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The "ADDITIONAL SERVICES AND PROGRAMS" section is supplemented as follows:
Retirement plans participating in Merrill Lynch's servicing programs:
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Class A shares are available at net asset value for plans with $3
million in plan assets or 500 eligible employees at the date the Plan
Sponsor signs the Merrill Lynch Recordkeeping Service Agreement. If
the plan does not meet either of these limits, Class A shares are not
available.
For participating retirement plans investing in Class B shares, shares
will convert to Class A shares after eight years, or sooner if the
plan attains assets of $5 million (by means of a CDSC-free
redemption/purchase at net asset value).
6/1/97
MF2SS 6/97
