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Supplement to the John Hancock Institutional Funds prospectus dated January 10, 2000 John Hancock International Equity Fund On page 14, the "Subadvisers" section for the John Hancock International Equity Fund has been deleted and replaced with the following: SUBADVISER Indocam International Investment Services - ----------------------------------------- Paris-based team responsible for day-to-day investment management Founded in 1979 Supervised by the adviser March 1, 2000
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