Supplement to all John Hancock Prospectuses
John Hancock Mutual Life Insurance Company has changed its name to John Hancock
Life Insurance Company, an affiliate of John Hancock Financial Services, Inc.
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Supplement to the John Hancock Institutional Funds
Prospectus dated January 10, 2000
John Hancock Active Bond Fund
On page 4, the third paragraph of the "Goal and Strategy" section for the John
Hancock Active Bond Fund has been deleted and replaced with the following:
In choosing individual securities, the managers use bottom-up research to find
securities that appear comparatively undervalued. The managers look at bonds of
all different quality levels and maturities from many different issuers. These
may include bonds of foreign governments and companies which are usually U.S.
dollar-denominated.
February 1, 2000