John Hancock Bond Trust
John Hancock California Tax-Free Income Fund
John Hancock Municipal Securities Trust
John Hancock Sovereign Bond Fund
John Hancock Strategic Series
John Hancock Tax-Exempt Series Fund
(each a “Trust”)
Supplement dated March 17, 2014 to the current Statement of Additional Information, as supplemented
In the “Sales Compensation” section, the “First Year Brokerage or Other Selling Firms Compensation” table is hereby revised and restated to add the additional sections below. The current information for “Class B investments” and “Class C investments” continues to apply to funds other than Tax-Free Funds.
Investor pays (% of offering |
Selling Firm receives commission |
Selling Firm |
Total Selling compensation | |
Class B investments (Tax-Free Funds) | ||||
All amounts | -- | 3.75% | 0.15% | 3.90% |
Class C investments (Tax-Free Funds) |
||||
All amounts | -- | 0.75% | 0.15% | 0.90% |
You should read this Supplement in conjunction with the Statement of Additional Information and retain it for future reference.