JOHN HANCOCK FUNDS TO DISTRIBUTE CAPITAL GAINS EARLY
Distribution estimates released
BOSTON, October 12, 2000 -- In an effort to assist shareholders with their
year-end tax planning, John Hancock Funds has released estimates of capital
gain payments for 14 of its equity funds. These funds will distribute gains
in November and early December. All record dates, payable dates and
projected gains are only estimates and may change as a result of market
conditions and portfolio changes.
"Paying capital gains early gives our shareholders an advantage when it comes
to year-end tax planning. With this knowledge, customers can make
adjustments to their portfolios that could help alleviate their tax burdens,"
said Maureen R. Ford, vice chairman and chief executive officer of John
Hancock Funds.
John Hancock Funds, a global investment management firm, manages more than
$30 billion in open-end funds, closed-end funds, private accounts, variable
annuities and retirement plans for individual and institutional investors.
John Hancock Funds is a subsidiary of John Hancock Life Insurance Company,
which is wholly owned by John Hancock Financial Services, Inc. (NYSE: JHF).
John Hancock and its affiliated companies provide a broad array of insurance
and investment products and services to retail and institutional customers.
As of June 30, 2000, John Hancock and its subsidiaries had total assets under
management of $126.9 billion.
Estimated Capital Gains as of 9/30/00
For Classes A, B and C
| | Per Share
Short-Term
Capital Gain | Per Share
Long-Term
Capital Gain | Record/Ex-Dividend Payable |
| Date | Date |
| |
| Equity Funds |
| Balanced Fund | $0.00 | $0.43 | 12/12/00 | 12/15/00 |
| Core Equity Fund | $0.00 | $0.24 | 12/12/00 | 12/15/00 |
| Core Growth Fund | $0.19 | $0.11 | 11/14/00 | 11/17/00 |
| Core Value Fund | $0.03 | $0.00 | 11/14/00 | 11/17/00 |
| Large Cap Growth Fund | $0.00 | $0.62 | 11/14/00 | 11/17/00 |
| Large Cap Value Fund | $3.97 | $2.73 | 11/07/00 | 11/10/00 |
| Mid Cap Growth Fund | $0.15 | $0.83 | 11/07/00 | 11/10/00 |
| Small Cap Growth Fund | $0.00 | $1.01 | 11/07/00 | 11/10/00 |
| Small Cap Value Fund | $1.10 | $0.41 | 11/07/00 | 11/10/00 |
| Sovereign Investors Fund | $0.05 | $1.76 | 11/07/00 | 11/10/00 |
| |
| Sector Funds |
| Health Sciences Fund | $0.55 | $2.24 | 11/14/00 | 11/17/00 |
| Real Estate Fund | $0.42 | $0.00 | 12/12/00 | 12/15/00 |
| Regional Bank Fund | $0.00 | $3.37 | 11/07/00 | 11/10/00 |
| Technology Fund | $0.10 | $0.37 | 11/14/00 | 11/17/00 |
Market conditions, portfolio changes and/or changes in outstanding fund
shares could affect these estimates substantially. This information is
subject to change up to the ex-dividend date.
