Edgar Filing: JOHN HANCOCK PREFERRED INCOME FUND II

jhfundsfidelitybonds.htm - Generated by SEC Publisher for SEC Filing


	Chubb Group of Insurance Companies				DECLARATIONS
					FINANCIAL INSTITUTION INVESTMENT
	15 Mountain View Road, Warren, New Jersey 07059				COMPANY ASSET PROTECTION BOND


NAME OF ASSURED (including its Subsidiaries):					FEDERAL INSURANCE COMPANY

JOHN HANCOCK FUNDS
					Incorporated under the laws of Indiana
					a stock insurance company herein called the
601 CONGRESS STREET					COMPANY
BOSTON, MA 02210					Capital Center, 251 North Illinois, Suite 1100
					Indianapolis, IN 46204-1927
Bond Number: 81906724

ITEM 1.	BOND PERIOD: from		12:01 a.m. on July 15, 2009
		to	12:01 a.m. on July 15, 2010

ITEM 2.	LIMITS OF LIABILITY-DEDUCTIBLE AMOUNTS:

	If "Not Covered" is inserted below opposite any specified INSURING CLAUSE, such INSURING CLAUSE
	and any other reference shall be deemed to be deleted. There shall be no deductible applicable to any
	loss under INSURING CLAUSE 1. sustained by any Investment Company.

						DEDUCTIBLE
	INSURING CLAUSE			LIMIT OF LIABILITY		AMOUNT
	1. Employee			$	15,000,000	$	0
	2.	On Premises		$	15,000,000	$	150,000
	3.	In Transit		$	15,000,000	$	150,000
	4.	Forgery or Alteration		$	15,000,000	$	150,000
	5.	Extended Forgery		$	15,000,000	$	150,000
	6.	Counterfeit Money		$	15,000,000	$	150,000
	7.	Threats to Person		$	15,000,000	$	150,000
	8.	Computer System		$	15,000,000	$	150,000
	9.	Voice Initiated Funds Transfer Instruction		$	15,000,000	$	150,000
	10.	Uncollectible Items of Deposit		$	15,000,000	$	150,000
	11.	Audit Expense		$	150,000	$	0


ITEM 3.	THE LIABILITY OF THE COMPANY IS ALSO SUBJECT TO THE TERMS OF THE FOLLOWING
	ENDORSEMENTS EXECUTED SIMULTANEOUSLY HEREWITH:

	ENDORSEMENTS 1 - 11

IN WITNESS WHEREOF, THE COMPANY has caused this Bond to be signed by its authorized officers, but it shall not be valid unless also signed by an authorized representative of the Company.

/s/ W. Andrew Mason	/s/ John J. Degnan
Secretary	President

	/s/ Robert Hamburger
Countersigned by ________________________________	Authorized Representative

ICAP Bond (5-98) - Federal Form 17-02-
1421 (Ed. 5-98)		Page 1 of 1


	The COMPANY, in consideration of payment of the required premium, and in reliance
	on the APPLICATION and all other statements made and information furnished to the
	COMPANY by the ASSURED, and subject to the DECLARATIONS made a part of this
	Bond and to all other terms and conditions of this Bond, agrees to pay the ASSURED
	for:

*Insuring Clauses*

Employee	1.	Loss resulting directly from Larceny or Embezzlement committed by any
		Employee, alone or in collusion with others.

On Premises	2.	Loss of Property resulting directly from robbery, burglary, false pretenses,
		common law or statutory larceny, misplacement, mysterious unexplainable
		disappearance, damage, destruction or removal, from the possession, custody or
		control of the ASSURED, while such Property is lodged or deposited at premises
		located anywhere.

In Transit	3.	Loss of Property resulting directly from common law or statutory larceny,
		misplacement, mysterious unexplainable disappearance, damage or destruction,
		while the Property is in transit anywhere:
		a.	in an armored motor vehicle, including loading and unloading thereof,
		b.	in the custody of a natural person acting as a messenger of the ASSURED,
			or
		c.	in the custody of a Transportation Company and being transported in a
			conveyance other than an armored motor vehicle provided, however, that
			covered Property transported in such manner is limited to the following:
			(1)	written records,
			(2)	securities issued in registered form, which are not endorsed or are
restrictively endorsed, or
			(3)	negotiable instruments not payable to bearer, which are not endorsed
				or are restrictively endorsed.
		Coverage under this INSURING CLAUSE begins immediately on the receipt of
		such Property by the natural person or Transportation Company and ends
		immediately on delivery to the premises of the addressee or to any representative
		of the addressee located anywhere.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 1 of 19


*Insuring Clauses*
(continued)


Forgery Or Alteration	4.	Loss resulting directly from:

		a.	Forgery on, or fraudulent material alteration of, any bills of exchange,
			checks, drafts, acceptances, certificates of deposits, promissory notes, due
			bills, money orders, orders upon public treasuries, letters of credit, other
			written promises, orders or directions to pay sums certain in money, or
			receipts for the withdrawal of Property, or

		b.	transferring, paying or delivering any funds or other Property, or establishing
			any credit or giving any value in reliance on any written instructions, advices
			or applications directed to the ASSURED authorizing or acknowledging the
			transfer, payment, delivery or receipt of funds or other Property, which
			instructions, advices or applications fraudulently purport to bear the
			handwritten signature of any customer of the ASSURED, or shareholder or
			subscriber to shares of an Investment Company, or of any financial
			institution or Employee but which instructions, advices or applications either
			bear a Forgery or have been fraudulently materially altered without the
			knowledge and consent of such customer, shareholder, subscriber, financial
			institution or Employee;
			excluding, however, under this INSURING CLAUSE any loss covered under
			INSURING CLAUSE 5. of this Bond, whether or not coverage for INSURING
			CLAUSE 5. is provided for in the DECLARATIONS of this Bond.
			For the purpose of this INSURING CLAUSE, a mechanically reproduced facsimile
			signature is treated the same as a handwritten signature.

Extended Forgery	5.	Loss resulting directly from the ASSURED having, in good faith, and in the
		ordinary course of business, for its own account or the account of others in any
		capacity:

		a.	acquired, accepted or received, accepted or received, sold or delivered, or
			given value, extended credit or assumed liability, in reliance on any original
			Securities, documents or other written instruments which prove to:
			(1)	bear a Forgery or a fraudulently material alteration,

			(2)	have been lost or stolen, or

			(3)	be Counterfeit, or

		b.	guaranteed in writing or witnessed any signatures on any transfer,
			assignment, bill of sale, power of attorney, guarantee, endorsement or other
			obligation upon or in connection with any Securities, documents or other
			written instruments.
		Actual physical possession, and continued actual physical possession if taken as
		collateral, of such Securities, documents or other written instruments by an
		Employee, Custodian, or a Federal or State chartered deposit institution of the
		ASSURED is a condition precedent to the ASSURED having relied on such items.
		Release or return of such collateral is an acknowledgment by the ASSURED that it
		no longer relies on such collateral.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 2 of 19


*Insuring Clauses*

Extended Forgery		For the purpose of this INSURING CLAUSE, a mechanically reproduced facsimile
(continued)		signature is treated the same as a handwritten signature.

Counterfeit Money	6.	Loss resulting directly from the receipt by the ASSURED in good faith of any
		Counterfeit money.

Threats To Person	7.	Loss resulting directly from surrender of Property away from an office of the
		ASSURED as a result of a threat communicated to the ASSURED to do bodily
		harm to an Employee as defined in Section 1.e. (1), (2) and (5), a Relative or
		invitee of such Employee, or a resident of the household of such Employee, who
		is, or allegedly is, being held captive provided, however, that prior to the surrender
		of such Property:

		a.	the Employee who receives the threat has made a reasonable effort to notify
			an officer of the ASSURED who is not involved in such threat, and
		b.	the ASSURED has made a reasonable effort to notify the Federal Bureau of
			Investigation and local law enforcement authorities concerning such threat.

		It is agreed that for purposes of this INSURING CLAUSE, any Employee of the
		ASSURED, as set forth in the preceding paragraph, shall be deemed to be an
		ASSURED hereunder, but only with respect to the surrender of money, securities
		and other tangible personal property in which such Employee has a legal or
		equitable interest.

Computer System	8.	Loss resulting directly from fraudulent:

		a.	entries of data into, or

		b.	changes of data elements or programs within, a Computer System,
		provided the fraudulent entry or change causes:

			(1)	funds or other property to be transferred, paid or delivered,

			(2)	an account of the ASSURED or of its customer to be added, deleted,
				debited or credited, or

			(3)	an unauthorized account or a fictitious account to be debited or
				credited.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 3 of 19


*Insuring Clauses*
(continued)


Voice Initiated Funds 9. Loss resulting directly from Voice Initiated Funds Transfer Instruction directed
Transfer Instruction	to the ASSURED authorizing the transfer of dividends or redemption proceeds of
	Investment Company shares from a Customer's account, provided such Voice
	Initiated Funds Transfer Instruction was:
	a.	received at the ASSURED'S offices by those Employees of the ASSURED
		specifically authorized to receive the Voice Initiated Funds Transfer
		Instruction,
	b.	made by a person purporting to be a Customer, and
	c.	made by said person for the purpose of causing the ASSURED or Customer
		to sustain a loss or making an improper personal financial gain for such
		person or any other person.
	In order for coverage to apply under this INSURING CLAUSE, all Voice Initiated
	Funds Transfer Instructions must be received and processed in accordance with
	the Designated Procedures outlined in the APPLICATION furnished to the
	COMPANY.

Uncollectible Items of 10. Loss resulting directly from the ASSURED having credited an account of a
Deposit	customer, shareholder or subscriber on the faith of any Items of Deposit which
	prove to be uncollectible, provided that the crediting of such account causes:
	a.	redemptions or withdrawals to be permitted,

	b.	shares to be issued, or

	c.	dividends to be paid, from an account of
	an Investment Company.

	In order for coverage to apply under this INSURING CLAUSE, the ASSURED
	must hold Items of Deposit for the minimum number of days stated in the
	APPLICATION before permitting any redemptions or withdrawals, issuing any
	shares or paying any dividends with respect to such Items of Deposit.
	Items of Deposit shall not be deemed uncollectible until the ASSURED'S
	standard collection procedures have failed.


Audit Expense	11. Expense incurred by the ASSURED for that part of the cost of audits or
	examinations required by any governmental regulatory authority or self-regulatory
	organization to be conducted by such authority, organization or their appointee by
	reason of the discovery of loss sustained by the ASSURED and covered by this
	Bond.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 4 of 19


*General Agreements*




Additional Companies A. If more than one corporation, or Investment Company, or any combination of
Included As Assured	them is included as the ASSURED herein:
	(1)	The total liability of the COMPANY under this Bond for loss or losses
		sustained by any one or more or all of them shall not exceed the limit for
		which the COMPANY would be liable under this Bond if all such loss were
		sustained by any one of them.

	(2)	Only the first named ASSURED shall be deemed to be the sole agent of the
		others for all purposes under this Bond, including but not limited to the giving
		or receiving of any notice or proof required to be given and for the purpose of
		effecting or accepting any amendments to or termination of this Bond. The
		COMPANY shall furnish each Investment Company with a copy of the
		Bond and with any amendment thereto, together with a copy of each formal
		filing of claim by any other named ASSURED and notification of the terms of
		the settlement of each such claim prior to the execution of such settlement.

	(3)	The COMPANY shall not be responsible for the proper application of any
		payment made hereunder to the first named ASSURED.

	(4)	Knowledge possessed or discovery made by any partner, director, trustee,
		officer or supervisory employee of any ASSURED shall constitute knowledge
		or discovery by all the ASSUREDS for the purposes of this Bond.

	(5)	If the first named ASSURED ceases for any reason to be covered under this
		Bond, then the ASSURED next named on the APPLICATION shall thereafter
		be considered as the first named ASSURED for the purposes of this Bond.


Representation Made By B. The ASSURED represents that all information it has furnished in the
Assured	APPLICATION for this Bond or otherwise is complete, true and correct. Such
	APPLICATION and other information constitute part of this Bond.

	The ASSURED must promptly notify the COMPANY of any change in any fact or
	circumstance which materially affects the risk assumed by the COMPANY under
	this Bond.

	Any intentional misrepresentation, omission, concealment or incorrect statement of
	a material fact, in the APPLICATION or otherwise, shall be grounds for recision of
	this Bond.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 5 of 19


*General Agreements*
(continued)

Additional Offices Or	C. If the ASSURED, other than an Investment Company, while this Bond is in force,
Employees - Consolidation,		merges or consolidates with, or purchases or acquires assets or liabilities of
Merger Or Purchase Or		another institution, the ASSURED shall not have the coverage afforded under this
Acquisition Of Assets Or		Bond for loss which has:
Liabilities - Notice To		(1)	occurred or will occur on premises, or
Company
		(2)	been caused or will be caused by an employee, or

		(3)	arisen or will arise out of the assets or liabilities, of
		such institution, unless the ASSURED:

		a.	gives the COMPANY written notice of the proposed consolidation, merger or
			purchase or acquisition of assets or liabilities prior to the proposed effective
			date of such action, and

		b.	obtains the written consent of the COMPANY to extend some or all of the
			coverage provided by this Bond to such additional exposure, and

		c.	on obtaining such consent, pays to the COMPANY an additional premium.


Change Of Control -	D.	When the ASSURED learns of a change in control (other than in an Investment
Notice To Company		Company), as set forth in Section 2(a) (9) of the Investment Company Act of
		1940, the ASSURED shall within sixty (60) days give written notice to the
		COMPANY setting forth:
		(1)	the names of the transferors and transferees (or the names of the beneficial
			owners if the voting securities are registered in another name),

		(2)	the total number of voting securities owned by the transferors and the
			transferees (or the beneficial owners), both immediately before and after the
			transfer, and

		(3)	the total number of outstanding voting securities.
		Failure to give the required notice shall result in termination of coverage for any
		loss involving a transferee, to be effective on the date of such change in control.


Court Costs And	E.	The COMPANY will indemnify the ASSURED for court costs and reasonable
Attorneys' Fees		attorneys' fees incurred and paid by the ASSURED in defense, whether or not
		successful, whether or not fully litigated on the merits and whether or not settled,
		of any claim, suit or legal proceeding with respect to which the ASSURED would
		be entitled to recovery under this Bond. However, with respect to INSURING
		CLAUSE 1., this Section shall only apply in the event that:

		(1)	an Employee admits to being guilty of Larceny or Embezzlement,

		(2)	an Employee is adjudicated to be guilty of Larceny or Embezzlement, or


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 6 of 19

General Agreements

Court Costs And Attorneys' Fees (continued)

(3) in the absence of 1 or 2 above, an arbitration panel agrees, after a review of an agreed statement of facts between the COMPANY and the ASSURED, that an Employee would be found guilty of Larceny or Embezzlement if such Employee were prosecuted.

The ASSURED shall promptly give notice to the COMPANY of any such suit or legal proceeding and at the request of the COMPANY shall furnish copies of all pleadings and pertinent papers to the COMPANY. The COMPANY may, at its sole option, elect to conduct the defense of all or part of such legal proceeding. The defense by the COMPANY shall be in the name of the ASSURED through attorneys selected by the COMPANY. The ASSURED shall provide all reasonable information and assistance as required by the COMPANY for such defense. If the COMPANY declines to defend the ASSURED, no settlement without the prior written consent of the COMPANY nor judgment against the ASSURED shall determine the existence, extent or amount of coverage under this Bond.

If the amount demanded in any such suit or legal proceeding is within the DEDUCTIBLE AMOUNT, if any, the COMPANY shall have no liability for court costs and attorney's fees incurred in defending all or part of such suit or legal proceeding.

If the amount demanded in any such suit or legal proceeding is in excess of the LIMIT OF LIABILITY stated in ITEM 2. of the DECLARATIONS for the applicable INSURING CLAUSE, the COMPANY'S liability for court costs and attorney's fees incurred in defending all or part of such suit or legal proceedings is limited to the proportion of such court costs and attorney's fees incurred that the LIMIT OF LIABILITY stated in ITEM 2. of the DECLARATIONS for the applicable INSURING CLAUSE bears to the total of the amount demanded in such suit or legal proceeding.

If the amount demanded is any such suit or legal proceeding is in excess of the DEDUCTIBLE AMOUNT, if any, but within the LIMIT OF LIABILITY stated in ITEM

2. of the DECLARATIONS for the applicable INSURING CLAUSE, the COMPANY'S liability for court costs and attorney's fees incurred in defending all or part of such suit or legal proceedings shall be limited to the proportion of such court costs or attorney's fees that the amount demanded that would be payable under this Bond after application of the DEDUCTIBLE AMOUNT, bears to the total amount demanded.

Amounts paid by the COMPANY for court costs and attorneys' fees shall be in addition to the LIMIT OF LIABILITY stated in ITEM 2. of the DECLARATIONS.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 7 of 19

Conditions And Limitations


Definitions	1.	As used in this Bond:
		a.	Computer System means a computer and all input, output, processing,
			storage, off-line media libraries, and communication facilities which are
			connected to the computer and which are under the control and supervision
			of the operating system(s) or application(s) software used by the ASSURED.
		b.	Counterfeit means an imitation of an actual valid original which is intended
			to deceive and be taken as the original.
		c.	Custodian means the institution designated by an Investment Company to
			maintain possession and control of its assets.
		d.	Customer means an individual, corporate, partnership, trust customer,
			shareholder or subscriber of an Investment Company which has a written
			agreement with the ASSURED for Voice Initiated Funds Transfer
			Instruction.
		e.	Employee means:

			(1)	an officer of the ASSURED,
			(2)	a natural person while in the regular service of the ASSURED at any of
				the ASSURED'S premises and compensated directly by the ASSURED
				through its payroll system and subject to the United States Internal
				Revenue Service Form W-2 or equivalent income reporting plans of
				other countries, and whom the ASSURED has the right to control and
				direct both as to the result to be accomplished and details and means
				by which such result is accomplished in the performance of such
				service,
			(3)	a guest student pursuing studies or performing duties in any of the
ASSURED'S premises,
			(4)	an attorney retained by the ASSURED and an employee of such
				attorney while either is performing legal services for the ASSURED,
			(5)	a natural person provided by an employment contractor to perform
				employee duties for the ASSURED under the ASSURED'S supervision
				at any of the ASSURED'S premises,
			(6)	an employee of an institution merged or consolidated with the
				ASSURED prior to the effective date of this Bond,
			(7)	a director or trustee of the ASSURED, but only while performing acts
				within the scope of the customary and usual duties of any officer or
				other employee of the ASSURED or while acting as a member of any
				committee duly elected or appointed to examine or audit or have
				custody of or access to Property of the ASSURED, or


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 8 of 19

Conditions And
Limitations


Definitions (8)	each natural person, partnership or corporation authorized by written
(continued)	agreement with the ASSURED to perform services as electronic data
	processor of checks or other accounting records related to such checks but
	only while such person, partnership or corporation is actually performing
	such services and not:

	a. creating, preparing, modifying or maintaining the ASSURED'S
	computer software or programs, or

	b. acting as transfer agent or in any other agency capacity in issuing
	checks, drafts or securities for the ASSURED,

(9)	any partner, officer or employee of an investment advisor, an underwriter
	(distributor), a transfer agent or shareholder accounting recordkeeper, or an
	administrator, for an Investment Company while performing acts coming
	within the scope of the customary and usual duties of an officer or employee
	of an Investment Company or acting as a member of any committee duly
	elected or appointed to examine, audit or have custody of or access to
	Property of an Investment Company.

	The term Employee shall not include any partner, officer or employee of a
	transfer agent, shareholder accounting recordkeeper or administrator:
	a.	which is not an "affiliated person" (as defined in Section 2(a) of the
		Investment Company Act of 1940) of an Investment Company or of
		the investment advisor or underwriter (distributor) of such Investment
		Company, or
	b.	which is a "bank" (as defined in Section 2(a) of the Investment
Company Act of 1940).

		This Bond does not afford coverage in favor of the employers of
		persons as set forth in e. (4), (5) and (8) above, and upon payment to
		the ASSURED by the COMPANY resulting directly from Larceny or
		Embezzlement committed by any of the partners, officers or
		employees of such employers, whether acting alone or in collusion with
		others, an assignment of such of the ASSURED'S rights and causes of
		action as it may have against such employers by reason of such acts
		so committed shall, to the extent of such payment, be given by the
		ASSURED to the COMPANY, and the ASSURED shall execute all
		papers necessary to secure to the COMPANY the rights provided for
		herein.

	Each employer of persons as set forth in e.(4), (5) and (8) above and the
	partners, officers and other employees of such employers shall collectively
	be deemed to be one person for all the purposes of this Bond; excepting,
	however, the fifth paragraph of Section 13.

	Independent contractors not specified in e.(4), (5) or (8) above,
	intermediaries, agents, brokers or other representatives of the same general
	character shall not be considered Employees.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 9 of 19

Conditions And
Limitations


Definitions	f.	Forgery means the signing of the name of another natural person with the
(continued)		intent to deceive but does not mean a signature which consists in whole or in
		part of one's own name, with or without authority, in any capacity for any
		purpose.
	g.	Investment Company means any investment company registered under the
		Investment Company Act of 1940 and listed under the NAME OF ASSURED
		on the DECLARATIONS.
	h.	Items of Deposit means one or more checks or drafts drawn upon a
		financial institution in the United States of America.
	i.	Larceny or Embezzlement means larceny or embezzlement as defined in
		Section 37 of the Investment Company Act of 1940.
	j.	Property means money, revenue and other stamps; securities; including any
		note, stock, treasury stock, bond, debenture, evidence of indebtedness,
		certificate of deposit, certificate of interest or participation in any profit-
		sharing agreement, collateral trust certificate, preorganization certificate or
		subscription, transferable share, investment contract, voting trust certificate,
		certificate of deposit for a security, fractional undivided interest in oil, gas, or
		other mineral rights, any interest or instruments commonly known as a
		security under the Investment Company Act of 1940, any other certificate of
		interest or participation in, temporary or interim certificate for, receipt for,
		guarantee of, or warrant or right to subscribe to or purchase any of the
		foregoing; bills of exchange; acceptances; checks; withdrawal orders; money
		orders; travelers' letters of credit; bills of lading; abstracts of title; insurance
		policies, deeds, mortgages on real estate and/or upon chattels and interests
		therein; assignments of such policies, deeds or mortgages; other valuable
		papers, including books of accounts and other records used by the
		ASSURED in the conduct of its business (but excluding all electronic data
		processing records); and, all other instruments similar to or in the nature of
		the foregoing in which the ASSURED acquired an interest at the time of the
		ASSURED'S consolidation or merger with, or purchase of the principal
		assets of, a predecessor or which are held by the ASSURED for any
		purpose or in any capacity and whether so held gratuitously or not and
		whether or not the ASSURED is liable therefor.
	k.	Relative means the spouse of an Employee or partner of the ASSURED and
		any unmarried child supported wholly by, or living in the home of, such
		Employee or partner and being related to them by blood, marriage or legal
		guardianship.
	l.	Securities, documents or other written instruments means original (including
		original counterparts) negotiable or non-negotiable instruments, or
		assignments thereof, which in and of themselves represent an equitable
		interest, ownership, or debt and which are in the ordinary course of business
		transferable by delivery of such instruments with any necessary
		endorsements or assignments.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 10 of 19

Conditions And Limitations


Definitions		m.	Subsidiary means any organization that, at the inception date of this Bond,
(continued)			is named in the APPLICATION or is created during the BOND PERIOD and
			of which more than fifty percent (50%) of the outstanding securities or voting
			rights representing the present right to vote for election of directors is owned
			or controlled by the ASSURED either directly or through one or more of its
			subsidiaries.
		n. Transportation Company means any organization which provides its own or
			its leased vehicles for transportation or which provides freight forwarding or
			air express services.
		o. Voice Initiated Election means any election concerning dividend options
			available to Investment Company shareholders or subscribers which is
			requested by voice over the telephone.
		p. Voice Initiated Redemption means any redemption of shares issued by an
			Investment Company which is requested by voice over the telephone.
		q. Voice Initiated Funds Transfer Instruction means any Voice Initiated
			Redemption or Voice Initiated Election.
		For the purposes of these definitions, the singular includes the plural and the
		plural includes the singular, unless otherwise indicated.


General Exclusions -	2.	This bond does not directly or indirectly cover:
Applicable to All Insuring		a.	loss not reported to the COMPANY in writing within sixty (60) days after
Clauses			termination of this Bond as an entirety;
		b.	loss due to riot or civil commotion outside the United States of America and
			Canada, or any loss due to military, naval or usurped power, war or
			insurrection. This Section 2.b., however, shall not apply to loss which occurs
			in transit in the circumstances recited in INSURING CLAUSE 3., provided
			that when such transit was initiated there was no knowledge on the part of
			any person acting for the ASSURED of such riot, civil commotion, military,
			naval or usurped power, war or insurrection;
		c.	loss resulting from the effects of nuclear fission or fusion or radioactivity;
		d.	loss of potential income including, but not limited to, interest and dividends
			not realized by the ASSURED or by any customer of the ASSURED;
		e.	damages of any type for which the ASSURED is legally liable, except
			compensatory damages, but not multiples thereof, arising from a loss
			covered under this Bond;
		f.	costs, fees and expenses incurred by the ASSURED in establishing the
			existence of or amount of loss under this Bond, except to the extent covered
			under INSURING CLAUSE 11.;
		g.	loss resulting from indirect or consequential loss of any nature;


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 11 of 19


*Conditions And*
*Limitations*

General Exclusions -	h.	loss resulting from dishonest acts by any member of the Board of Directors
Applicable to All Insuring		or Board of Trustees of the ASSURED who is not an Employee, acting
Clauses (continued)		alone or in collusion with others;
	i.	loss, or that part of any loss, resulting solely from any violation by the
ASSURED or by any Employee:
		(1)	of any law regulating:

			a.	the issuance, purchase or sale of securities,
			b.	securities transactions on security or commodity exchanges or
				the over the counter market,
			c.	investment companies,
			d.	investment advisors, or

		(2)	of any rule or regulation made pursuant to any such law; or j.
loss of confidential information, material or data;
	k. loss resulting from voice requests or instructions received over the telephone,
		provided however, this Section 2.k. shall not apply to INSURING
		CLAUSE 7. or 9.


Specific Exclusions - 3.	This Bond does not directly or indirectly cover:
Applicable To All Insuring	a.	loss caused by an Employee, provided, however, this Section 3.a. shall not
Clauses Except Insuring Clause		apply to loss covered under INSURING CLAUSE 2. or 3. which results
1.		directly from misplacement, mysterious unexplainable disappearance, or
damage or destruction of Property;
	b.	loss through the surrender of property away from premises of the ASSURED
		as a result of a threat:
		(1)	to do bodily harm to any natural person, except loss of Property in
			transit in the custody of any person acting as messenger of the
			ASSURED, provided that when such transit was initiated there was no
			knowledge by the ASSURED of any such threat, and provided further
			that this Section 3.b. shall not apply to INSURING CLAUSE 7., or
		(2)	to do damage to the premises or Property of the ASSURED;
	c.	loss resulting from payments made or withdrawals from any account
		involving erroneous credits to such account;
	d.	loss involving Items of Deposit which are not finally paid for any reason
		provided however, that this Section 3.d. shall not apply to INSURING
		CLAUSE 10.;
	e.	loss of property while in the
		mail;


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 12 of 19


*Conditions And*
*Limitations*

Specific Exclusions -	f.	loss resulting from the failure for any reason of a financial or depository
Applicable To All Insuring		institution, its receiver or other liquidator to pay or deliver funds or other
Clauses Except Insuring		Property to the ASSURED provided further that this Section 3.f. shall not
Clause 1. (continued)		apply to loss of Property resulting directly from robbery, burglary,
		misplacement, mysterious unexplainable disappearance, damage,
		destruction or removal from the possession, custody or control of the
		ASSURED.
	g.	loss of Property while in the custody of a Transportation Company,
		provided however, that this Section 3.g. shall not apply to INSURING
		CLAUSE 3.;
	h.	loss resulting from entries or changes made by a natural person with
		authorized access to a Computer System who acts in good faith on
		instructions, unless such instructions are given to that person by a software
		contractor or its partner, officer, or employee authorized by the ASSURED to
		design, develop, prepare, supply, service, write or implement programs for
		the ASSURED's Computer System; or
	i.	loss resulting directly or indirectly from the input of data into a Computer
		System terminal, either on the premises of the customer of the ASSURED
		or under the control of such a customer, by a customer or other person who
		had authorized access to the customer's authentication mechanism.


Specific Exclusions -	4. This bond does not directly or indirectly cover:
Applicable To All Insuring	a.	loss resulting from the complete or partial non-payment of or default on any
Clauses Except Insuring		loan whether such loan was procured in good faith or through trick, artifice,
Clauses 1., 4., And 5.		fraud or false pretenses; provided, however, this Section 4.a. shall not apply
		to INSURING CLAUSE 8.;
	b.	loss resulting from forgery or any alteration;
	c.	loss involving a counterfeit provided, however, this Section 4.c. shall not
		apply to INSURING CLAUSE 5. or 6.


Limit Of Liability/Non- 5. At all times prior to termination of this Bond, this Bond shall continue in force for
Reduction And Non-	the limit stated in the applicable sections of ITEM 2. of the DECLARATIONS,
Accumulation Of Liability	notwithstanding any previous loss for which the COMPANY may have paid or be
	liable to pay under this Bond provided, however, that the liability of the COMPANY
	under this Bond with respect to all loss resulting from:
	a.	any one act of burglary, robbery or hold-up, or attempt thereat, in which no
		Employee is concerned or implicated, or
	b.	any one unintentional or negligent act on the part of any one person resulting
		in damage to or destruction or misplacement of Property, or
	c.	all acts, other than those specified in a. above, of any one person, or


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 13 of 19


*Conditions And*
*Limitations*

Limit Of Liability/Non-		d.	any one casualty or event other than those specified in a., b., or c. above,
Reduction And Non-		shall be deemed to be one loss and shall be limited to the applicable LIMIT OF
Accumulation Of Liability		LIABILITY stated in ITEM 2. of the DECLARATIONS of this Bond irrespective of
(continued)		the total amount of such loss or losses and shall not be cumulative in amounts
		from year to year or from period to period.

		All acts, as specified in c. above, of any one person which
		i.	directly or indirectly aid in any way wrongful acts of any other person or
			persons, or

		ii.	permit the continuation of wrongful acts of any other person or persons
		whether such acts are committed with or without the knowledge of the wrongful
		acts of the person so aided, and whether such acts are committed with or without
		the intent to aid such other person, shall be deemed to be one loss with the
		wrongful acts of all persons so aided.


Discovery	6.	This Bond applies only to loss first discovered by an officer of the ASSURED
		during the BOND PERIOD. Discovery occurs at the earlier of an officer of the
		ASSURED being aware of:
		a.	facts which may subsequently result in a loss of a type covered by this Bond,
			or
		b.	an actual or potential claim in which it is alleged that the ASSURED is liable
			to a third party,

		regardless of when the act or acts causing or contributing to such loss occurred,
		even though the amount of loss does not exceed the applicable DEDUCTIBLE
		AMOUNT, or the exact amount or details of loss may not then be known.

Notice To Company - 7. Proof -		a.	The ASSURED shall give the COMPANY notice thereof at the earliest
Legal Proceedings Against			practicable moment, not to exceed sixty (60) days after discovery of loss, in
Company			an amount that is in excess of 50% of the applicable DEDUCTIBLE
			AMOUNT, as stated in ITEM 2. of the DECLARATIONS.
		b.	The ASSURED shall furnish to the COMPANY proof of loss, duly sworn to,
			with full particulars within six (6) months after such discovery.
		c.	Securities listed in a proof of loss shall be identified by certificate or bond
			numbers, if issued with them.
		d.	Legal proceedings for the recovery of any loss under this Bond shall not be
			brought prior to the expiration of sixty (60) days after the proof of loss is filed
			with the COMPANY or after the expiration of twenty-four (24) months from
			the discovery of such loss.
		e.	This Bond affords coverage only in favor of the ASSURED. No claim, suit,
			action or legal proceedings shall be brought under this Bond by anyone
			other than the ASSURED.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 14 of 19

Conditions And
Limitations


Notice To Company -		f. Proof of loss involving Voice Initiated Funds Transfer Instruction shall
Proof - Legal Proceedings		include electronic recordings of such instructions.
Against Company
(continued)

Deductible Amount	8.	The COMPANY shall not be liable under any INSURING CLAUSES of this Bond
		on account of loss unless the amount of such loss, after deducting the net amount
		of all reimbursement and/or recovery obtained or made by the ASSURED, other
		than from any Bond or policy of insurance issued by an insurance company and
		covering such loss, or by the COMPANY on account thereof prior to payment by
		the COMPANY of such loss, shall exceed the DEDUCTIBLE AMOUNT set forth in
		ITEM 3. of the DECLARATIONS, and then for such excess only, but in no event
		for more than the applicable LIMITS OF LIABILITY stated in ITEM 2. of the
		DECLARATIONS.
		There shall be no deductible applicable to any loss under INSURING CLAUSE 1.
		sustained by any Investment Company.

Valuation	9.	BOOKS OF ACCOUNT OR OTHER RECORDS
		The value of any loss of Property consisting of books of account or other records
		used by the ASSURED in the conduct of its business shall be the amount paid by
		the ASSURED for blank books, blank pages, or other materials which replace the
		lost books of account or other records, plus the cost of labor paid by the
		ASSURED for the actual transcription or copying of data to reproduce such books
		of account or other records.
		The value of any loss of Property other than books of account or other records
		used by the ASSURED in the conduct of its business, for which a claim is made
		shall be determined by the average market value of such Property on the
		business day immediately preceding discovery of such loss provided, however,
		that the value of any Property replaced by the ASSURED with the consent of the
		COMPANY and prior to the settlement of any claim for such Property shall be the
		actual market value at the time of replacement.
		In the case of a loss of interim certificates, warrants, rights or other securities, the
		production of which is necessary to the exercise of subscription, conversion,
		redemption or deposit privileges, the value of them shall be the market value of
		such privileges immediately preceding their expiration if said loss is not discovered
		until after their expiration. If no market price is quoted for such Property or for
		such privileges, the value shall be fixed by agreement between the parties.
		OTHER PROPERTY
		The value of any loss of Property, other than as stated above, shall be the actual
		cash value or the cost of repairing or replacing such Property with Property of
		like quality and value, whichever is less.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 15 of 19


*Conditions And*
*Limitations*
(continued)

Securities Settlement	10. In the event of a loss of securities covered under this Bond, the COMPANY may,
	at its sole discretion, purchase replacement securities, tender the value of the
	securities in money, or issue its indemnity to effect replacement securities.

	The indemnity required from the ASSURED under the terms of this Section
	against all loss, cost or expense arising from the replacement of securities by the
	COMPANY'S indemnity shall be:
	a.	for securities having a value less than or equal to the applicable
		DEDUCTIBLE AMOUNT - one hundred (100%) percent;
	b.	for securities having a value in excess of the DEDUCTIBLE AMOUNT but
		within the applicable LIMIT OF LIABILITY - the percentage that the
		DEDUCTIBLE AMOUNT bears to the value of the securities;
	c.	for securities having a value greater than the applicable LIMIT OF LIABILITY
		- the percentage that the DEDUCTIBLE AMOUNT and portion in excess of
		the applicable LIMIT OF LIABILITY bears to the value of the securities.

	The value referred to in Section 10.a., b., and c. is the value in accordance with
	Section 9, VALUATION, regardless of the value of such securities at the time the
	loss under the COMPANY'S indemnity is sustained.
	The COMPANY is not required to issue its indemnity for any portion of a loss of
	securities which is not covered by this Bond; however, the COMPANY may do so
	as a courtesy to the ASSURED and at its sole discretion.
	The ASSURED shall pay the proportion of the Company's premium charge for the
	Company's indemnity as set forth in Section 10.a., b., and c. No portion of the
	LIMIT OF LIABILITY shall be used as payment of premium for any indemnity
	purchased by the ASSURED to obtain replacement securities.


Subrogation - Assignment - 11. In the event of a payment under this Bond, the COMPANY shall be subrogated to
Recovery	all of the ASSURED'S rights of recovery against any person or entity to the extent
	of such payment. On request, the ASSURED shall deliver to the COMPANY an
	assignment of the ASSURED'S rights, title and interest and causes of action
	against any person or entity to the extent of such payment.
	Recoveries, whether effected by the COMPANY or by the ASSURED, shall be
	applied net of the expense of such recovery in the following order:

	a.	first, to the satisfaction of the ASSURED'S loss which would otherwise have
		been paid but for the fact that it is in excess of the applicable LIMIT OF
		LIABILITY,
	b.	second, to the COMPANY in satisfaction of amounts paid in settlement of
		the ASSURED'S claim,
	c.	third, to the ASSURED in satisfaction of the applicable DEDUCTIBLE
		AMOUNT, and


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 16 of 19

Conditions And Limitations


Subrogation - Assignment - d. fourth, to the ASSURED in satisfaction of any loss suffered by the
Recovery		ASSURED which was not covered under this Bond.
(continued)	Recovery from reinsurance or indemnity of the COMPANY shall not be deemed a
	recovery under this section.


Cooperation Of Assured	12. At the COMPANY'S request and at reasonable times and places designated by
	the COMPANY, the ASSURED shall:

	a.	submit to examination by the COMPANY and subscribe to the same under
		oath,
	b.	produce for the COMPANY'S examination all pertinent records, and
	c.	cooperate with the COMPANY in all matters pertaining to the loss.
	The ASSURED shall execute all papers and render assistance to secure to the
	COMPANY the rights and causes of action provided for under this Bond. The
	ASSURED shall do nothing after loss to prejudice such rights or causes of action.


Termination	13. If the Bond is for a sole ASSURED, it shall not be terminated unless written notice
	shall have been given by the acting party to the affected party and to the
	Securities and Exchange Commission, Washington, D.C., not less than sixty (60)
	days prior to the effective date of such termination.

	If the Bond is for a joint ASSURED, it shall not be terminated unless written notice
	shall have been given by the acting party to the affected party, and by the
	COMPANY to all ASSURED Investment Companies and to the Securities and
	Exchange Commission, Washington, D.C., not less than sixty (60) days prior to
	the effective date of such termination.

	This Bond will terminate as to any one ASSURED, other than an Investment
	Company:

	a.	immediately on the taking over of such ASSURED by a receiver or other
		liquidator or by State or Federal officials, or
	b.	immediately on the filing of a petition under any State or Federal statute
		relative to bankruptcy or reorganization of the ASSURED, or assignment for
		the benefit of creditors of the ASSURED, or
	c.	immediately upon such ASSURED ceasing to exist, whether through merger
		into another entity, disposition of all of its assets or otherwise.

	The COMPANY shall refund the unearned premium computed at short rates in
	accordance with the standard short rate cancellation tables if terminated by the
	ASSURED or pro rata if terminated for any other reason.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 17 of 19

Conditions And Limitations


Termination			If any partner, director, trustee, or officer or supervisory employee of an
(continued)			ASSURED not acting in collusion with an Employee learns of any dishonest act
			committed by such Employee at any time, whether in the employment of the
			ASSURED or otherwise, whether or not such act is of the type covered under this
			Bond, and whether against the ASSURED or any other person or entity, the
			ASSURED:
			a.	shall immediately remove such Employee from a position that would enable
				such Employee to cause the ASSURED to suffer a loss covered by this
				Bond; and
			b.	within forty-eight (48) hours of learning that an Employee has committed
				any dishonest act, shall notify the COMPANY, of such action and provide full
				particulars of such dishonest act.
			The COMPANY may terminate coverage as respects any Employee sixty (60)
			days after written notice is received by each ASSURED Investment Company
			and the Securities and Exchange Commission, Washington, D.C. of its desire to
			terminate this Bond as to such Employee.

Other Insurance		14.	Coverage under this Bond shall apply only as excess over any valid and collectible
			insurance, indemnity or suretyship obtained by or on behalf of:

			a.	the ASSURED,
			b.	a Transportation Company, or
			c.	another entity on whose premises the loss occurred or which employed the
				person causing the loss or engaged the messenger conveying the Property
				involved.

Conformity		15.	If any limitation within this Bond is prohibited by any law controlling this Bond's
			construction, such limitation shall be deemed to be amended so as to equal the
			minimum period of limitation provided by such law.

Change or Modification	16.	This Bond or any instrument amending or affecting this Bond may not be changed
			or modified orally. No change in or modification of this Bond shall be effective
			except when made by written endorsement to this Bond signed by an authorized
			representative of the COMPANY.
			If this Bond is for a sole ASSURED, no change or modification which would
			adversely affect the rights of the ASSURED shall be effective prior to sixty (60)
			days after written notice has been furnished to the Securities and Exchange
			Commission, Washington, D.C., by the acting party.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 18 of 19

Conditions And
Limitations


Change or Modification (continued)		If this Bond is for a joint ASSURED, no charge or modification which would adversely affect the rights of the ASSURED shall be effective prior to sixty (60) days after written notice has been furnished to all insured Investment Companies and to the Securities and Exchange Commission, Washington, D.C., by the COMPANY.


ICAP Bond (5-98)
Form 17-02-1421 (Ed. 5-98)		Page 19 of 19


Effective date of
this endorsement: July 15, 2009	FEDERAL INSURANCE COMPANY
	Endorsement No.: 1 Bond
	To be attached to and form a part of
	Bond Number: 81906724

Issued to: JOHN HANCOCK FUNDS

COMPLIANCE WITH APPLICABLE TRADE SANCTION LAWS RIDER

It is agreed that this insurance does not apply to the extent that trade or economic sanctions or other laws or regulations prohibit the coverage provided by this insurance.

ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.

Date: January 25, 2010 By

/s/ Robert Hamburger

Authorized

Form 14-02-9228 (Ed. 4/2004)


	FEDERAL INSURANCE COMPANY


	Endorsement No: 2 Bond
	Bond Number: 81906724
NAME OF ASSURED: JOHN HANCOCK FUNDS

TERMINATION-NONRENEWAL-NOTICE ENDORSEMENT

It is agreed that this Bond is amended as follows:
1. By adding to Section 13., Termination, the following:
"Termination By The Company
Bonds In Effect For More Than Sixty (60) Days
If this Bond has been in effect for more than sixty (60) days, or, if this Bond is a renewal, the
COMPANY may terminate by providing written notice of cancellation at least sixty (60) days before
the effective date of termination for at least one of the following reasons:
1.	Nonpayment of premium;
2.	Discovery of fraud or material misrepresentation in obtaining this Bond or in the presentation
	of a claim thereunder;
3.	Discovery of willful or reckless acts or omissions or violation of any provision of this Bond on
	the part of the ASSURED which substantially and materially increases any hazard insured
	against, and which occurred subsequent to the inception of the current BOND PERIOD;
4.	Conviction of the ASSURED of a crime arising out of acts increasing the hazard insured
against;
5.	Material change in the risk which increases the risk of loss after insurance coverage has been
	issued or renewed, except to the extent that the COMPANY should reasonably have foreseen
	the change, or contemplated the risk when the contract was written;
6.	Determination by the Commissioner that the continuation of the Bond would jeopardize a
	COMPANY'S solvency or would place the COMPANY in violation of the insurance laws of any
	state;
7.	Determination by the Commissioner that continuation of the present premium volume of the
	COMPANY would jeopardize the COMPANY'S policyholders, creditors or the public;
8.	Such other reasons that are approved by the Commissioner;
9.	Determination by the Commissioner that the COMPANY no longer has adequate reinsurance
	to meet the ASSUREDS needs;
10.	Substantial breaches of contractual duties, conditions or warranties; or
11.	Unfavorable underwriting facts, specific to the ASSURED, existing that were not present at the
	inception of the Bond.


ICAP Bond
Form 17-02-1360 (Rev. 10-99)	Page 1

Bonds In Effect Sixty (60) Days Or Less

If this Bond has been in effect for sixty (60) days or less, and it is not a renewal Bond, the COMPANY may terminate for any reason by providing written notice of termination at least sixty (60) days before the effective date of termination.

Notice Of Termination

Notice of termination under this Section shall be mailed or delivered, by certified mail, return receipt provided by the United States Postal Service, to the ASSURED and to the authorized agent or broker, if any, at least sixty (60) days prior to the effective date of cancellation at the address shown on the DECLARATIONS of this Bond.

If this Bond is cancelled for nonpayment of premium, the COMPANY will mail or deliver, by certified mail, return receipt provided by the United States Postal Service, a written notice at least thirty (30) days before the effective date of cancellation. The cancellation notice shall contain information regarding the amount of premium due and the due date, and shall state the effect of nonpayment by the due date. Cancellation shall not be effective if payment of the amount due is made prior to the effective date of cancellation.

All notice of cancellation shall state the reason(s) for cancellation.

There is no liability on the part of, and no cause of action of any nature shall arise against, the COMPANY, its authorized representatives, its employees, or any firm, person or corporation furnishing to the COMPANY, information relating to the reasons for cancellation or nonrenewal, for any statement made by them in complying or enabling the COMPANY to comply with this Section, for the provision of information pertaining thereto, or for statements made or evidence submitted at any hearings conducted in connection therewith, if such information was provided in good faith and without malice.

Notice Of Nonrenewal

If the COMPANY elects not to renew this Bond, the COMPANY shall mail or deliver written notice, by certified mail, return receipt, provided by the United States Postal Service, to the ASSURED, at his last known address, at least sixty (60) days before the expiration date or before the anniversary date, if this Bond has been written for a term of more than one (1) year. Such notice shall also be mailed to the ASSURED'S agent or broker, if any.

Such notice shall contain all of the following:

a.	Bond Number:
b.	Date of Notice;
c.	Reason for Cancellation;
d.	Expiration Date of the Bond;
e.	Effective Date and Hour of Cancellation.

Notice of nonrenewal shall not be required if the COMPANY or a COMPANY within the same insurance group has offered to issue a renewal Bond, the ASSURED has obtained replacement coverage or has agreed in writing to obtain replacement coverage, the ASSURED has requested or agreed to nonrenewal, or the Bond is expressly designated as nonrenewable.

ICAP Bond
Form 17-02-1360 (Rev. 10-99)

Page 2

	Return Premium Calculations
	Any unearned premiums which have been paid by the ASSURED shall be refunded to the ASSURED on a pro rata basis if terminated by the COMPANY or the ASSURED. The unearned premiums shall be refunded to the ASSURED within forty-five (45) days of receipt of the request for cancellation or the effective date of cancellation, whichever is later.
	Conditional Renewal
	If the COMPANY offers or purports to renew the Bond, but on less favorable terms or at higher rates, the new terms or higher premiums may take effect on the renewal date, if the COMPANY mails or delivers by certified mail, return receipt provided by the United States Postal Service, to the ASSURED, notice of the new terms or premiums at least sixty (60) days prior to the renewal date. If the COMPANY notifies the ASSURED within sixty (60) days prior to the renewal date, the new terms or premiums do not take effect until sixty (60) days after the notice is mailed or delivered, in which case, the ASSURED may elect to cancel the renewal Bond within the sixty (60) day period. If the COMPANY does not notify the ASSURED of the new terms or premiums, the COMPANY shall continue the Bond at the expiring terms and premiums until notice is given or until the effective date of replacement coverage is obtained by the ASSURED, whichever occurs first."
2.	It is further understood and agreed that for the purposes of Section 13., Termination, any occurrence listed in this Section shall be considered to be a request by the ASSURED to immediately terminate this Bond.

This Endorsement applies to loss discovered after 12:01 a.m. on July 15, 2009.

ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.

By Date: January 25, 2010

/s/ Robert Hamburger

Authorized Representative


ICAP Bond
Form 17-02-1360 (Rev. 10-99)		Page 3


			FEDERAL INSURANCE COMPANY

			Endorsement No.: 3 Bond
			Bond Number: 81906724

NAME OF ASSURED: JOHN HANCOCK FUNDS

UNAUTHORIZED SIGNATURE ENDORSEMENT

It is agreed that this Bond is amended as follows:
1.	By adding the following INSURING CLAUSE:
	12.	Unauthorized Signature
		Loss resulting directly from the ASSURED having accepted, paid or cashed any check or
		Withdrawal Order made or drawn on or against the account of the ASSURED'S customer
		which bears the signature or endorsement of one other than a person whose name and
		signature is on file with the ASSURED as a signatory on such account.
		It shall be a condition precedent to the ASSURED'S right of recovery under this INSURING
		CLAUSE that the ASSURED shall have on file signatures of all the persons who are
		signatories on such account.
2.	By adding to Section 1., Definitions, the following:
	aa.	Instruction means a written order to the issuer of an Uncertificated Security requesting that
		the transfer, pledge or release from pledge of the specified Uncertificated Security be
		registered.
	bb.	Uncertificated Security means a share, participation or other interest in property of or an
		enterprise of the issuer or an obligation of the issuer, which is:
		(1)	not represented by an instrument and the transfer of which is registered on books
			maintained for that purpose by or on behalf of the issuer, and
		(2)	of a type commonly dealt in on securities exchanges or markets, and
		(3)	either one of a class or series or by its terms divisible into a class or series of shares,
			participations, interests or obligations.


ICAP Bond
Form 17-02-5602 (Ed. 10-03)	Page 1

cc. Withdrawal Order means a non-negotiable instrument, other than an Instruction, signed by a

customer of the ASSURED authorizing the ASSURED to debit the customer's account in the

amount of funds stated therein.

This Endorsement applies to loss discovered after 12:01 a.m. on July 15, 2009.

ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.

By s/ Robert Hamburger

Date: January 25, 2010

Authorized Representative


ICAP Bond
Form 17-02-5602 (Ed. 10-03)		Page 2


		FEDERAL INSURANCE COMPANY

		Endorsement No.: 4 Bond

		Bond Number: 81906724

NAME OF ASSURED: JOHN HANCOCK FUNDS

AUTOMATED TELEPHONE TRANSACTION ENDORSEMENT

It is agreed that this Bond is amended as follows:
1.	By adding the following INSURING CLAUSE:
	13. Automated Telephone System Transaction
	Loss resulting directly from the ASSURED having transferred funds on the faith of any
	Automated Phone System (APS) Transaction, where the request for such APS
	Transaction is unauthorized or fraudulent and is made with the intent to deceive. In order for
	coverage to apply under this INSURING CLAUSE the ASSURED shall maintain and follow all
	APS Designated Procedures. A single failure of the ASSURED to maintain and follow a
	particular APS Designated Procedure in a particular APS Transaction will not preclude
	coverage under this INSURING CLAUSE.

2.	By adding to Section 1., Definitions, the following:
	dd. APS Designated Procedures means all of the following procedures:
	(1)	No APS Transaction shall be executed unless the shareholder or unitholder to whose
		account such an APS Transaction relates has previously elected to APS Transactions.
		(Election in Application)
	(2)	All APS Transactions shall be logged or otherwise recorded and the records shall be
		retained for at least six (6) months. (Logging)
		Information contained in the records shall be capable of being retrieved and produced
		within a reasonable time after retrieval of specific information is requested, at a success
		rate of no less than 85 percent.
	(3)	The caller in any request for an APS Transaction, before executing that APS
		Transaction must enter a personal identification number (PIN), social security number
		and account number. (Identity Test)
		If the caller fails to enter a correct PIN within three (3) attempts, the caller must not be
		allowed additional attempts during the same telephone call to enter the PIN. The caller
		may either be instructed to redial a customer service representative or may be
		immediately connected to such a representative. (Limited attempts to Enter PIN)


ICAP Bond
Form 17-02-2345 (Ed. 10-00)		Page 1


		(4)	A written confirmation of any APS Transaction or change of address shall be mailed to
			the shareholder or unitholder to whose account such transaction relates, at the record
			address, by the end of the insured's next regular processing cycle, but in no event later
			than five (5) business days following such APS Transaction. (Written Confirmation)
		(5)	Access to the equipment which permits the entity receiving the APS Transaction
			request to process and effect the transaction shall be limited in the following manner:
			(Access to APS Equipment)
	ee.	APS Election means any election concerning various account features available to the
		shareholder or unitholder which is made through the Automated Phone System by means of
		information transmitted by an individual caller through use of a Automated Phone System.
		These features include account statements, auto exchange, auto asset builder, automatic
		withdrawal, dividend/capital gain options, dividend sweep, telephone balance consent and
		change of address.
	ff.	APS Exchange means any exchange of shares or units in a registered account of one fund into
		shares or units in an account with the same tax identification number and same ownership-
		type code of another fund in the same complex pursuant to exchange privileges of the two
		funds, which exchange is requested through the Automated Phone System by means of
		information transmitted by an individual caller through use of an Automated Phone System.
	gg.	APS Purchase means any purchase of shares or units issued by an Investment Company
		which is requested through an Automated Phone System.
	hh.	APS Redemption means any redemption of shares or units issued by an Investment
		Company which it requested through the telephone by means of information transmitted by
		an individual caller through use of a Automated Phone System.
	ii.	APS Transaction means any APS Purchase, APS Redemption, APS Election or APS
		Exchange.
	jj.	Automated Phone System means an automated system which receives and converts to
		executable instructions transmissions through the Automated Phone System through use of
		a touch-tone keypad or other tone system; and always excluding transmissions from a
		computer system or part thereof.
3.	By adding the following Section after Section 4., Specific Exclusions-Applicable To All Insuring
	Clauses Except 1., 4., 5.:
	Section 4.A Specific Exclusion-Applicable to Insuring Clause 13

	This Bond does not directly or indirectly cover under Insuring Clause 13:

	Loss resulting from:
	a.	the redemption of shares or units, where the proceeds of such redemption are made payable
		to other than:
		(1)	the shares or units of record,
		(2)	a person designated to receive redemption proceeds, or
		(3)	a bank account designated to receive redemption proceeds, or
	b.	the redemption of shares or units, where the proceeds of such redemption are paid by check
		mailed to any address, unless such address has either been designated the shareholder or
		unitholder by voice through an Automated Phone System or in writing, at least thirty (30)
		days prior to such redemption, or


ICAP Bond
Form 17-02-2345 (Ed. 10-00)		Page 2

c. the redemption of shares or units, where shareholder or unitholder of the ASSURED designated bank account of record.

This Endorsement applies to loss discovered after 12:01 a.m. on July 15, 2009.

ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.

Date: January 25, 2010

By /s/ Robert Hamburger

Authorized Representative


ICAP Bond
Form 17-02-2345 (Ed. 10-00)		Page 3


		FEDERAL INSURANCE COMPANY


		Endorsement No.: 5 Bond

		Bond Number: 81906724

NAME OF ASSURED:		JOHN HANCOCK FUNDS



TELEFACSIMILE INSTRUCTION FRAUD ENDORSEMENT

It is agreed that this Bond is amended as follows:

1.	By adding the following INSURING CLAUSE:

	14. Telefacsimile Instruction

	Loss resulting directly from the ASSURED having transferred, paid or delivered any funds
	or other Property or established any credit, debited any account or given any value on
	the faith of any fraudulent instructions sent by a Customer, financial institution or another
	office of the ASSURED by Telefacsimile directly to the ASSURED authorizing or
	acknowledging the transfer, payment or delivery of funds or Property or the
	establishment of a credit or the debiting of an account or the giving of value by the
	ASSURED where such Telefacsimile instructions:

	a.	bear a valid test key exchanged between the ASSURED and a Customer or
		another financial institution with authority to use such test key for Telefacsimile
		instructions in the ordinary course of business, but which test key has been
		wrongfully obtained by a person who was not authorized to initiate, make,
		validate or authenticate a test key arrangement, and

	b.	fraudulently purport to have been sent by such Customer or financial institution
		when such Telefacsimile instructions were transmitted without the knowledge or
		consent of such Customer or financial institution by a person other than such
		Customer or financial institution and which bear a Forgery of a signature,
		provided that the Telefacsimile instruction was verified by a direct call back to an
		employee of the financial institution, or a person thought by the ASSURED to be
		the Customer, or an employee of another financial institution.

2.	By deleting from Section 1., Definitions, the definition of Customer in its entirety, and substituting
	the following:

	d. Customer means an individual, corporate, partnership, trust customer, shareholder or
	subscriber of an Investment Company which has a written agreement with the ASSURED
	for Voice Initiated Funds Transfer Instruction or Telefacsimile Instruction.


ICAP Bond
Form 17-02-2367(Rev. 10-03)		Page 1


31.	By adding to Section 1., Definitions, the following:




	kk. Telefacsimile means a system of transmitting written documents by electronic signals over
	telephone lines to equipment maintained by the ASSURED for the purpose of
	reproducing a copy of said document. Telefacsimile does not mean electronic
	communication sent by Telex or similar means of communication, or through an
electronic communication system or through an automated clearing house.

4.	By adding to Section 3., Specific Exclusions Applicable to All Insuring Clauses Except Insuring
	Clause 1. the following:

	d. loss resulting directly or indirectly from Telefacsimile instructions provided, however, this
	exclusion shall not apply to this INSURING CLAUSE.

This Endorsement applies to loss discovered after 12:01 a.m. on July 15, 2009.

ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.

Date: January 25, 2010

By /s/ Robert Hamburger

Authorized Representative

ICAP Bond

Form 17-02-2367 (Rev. 10- Page 03) Page 2


			FEDERAL INSURANCE COMPANY

			Endorsement No.:	6 Bond
			Bond Number:	81906724
NAME OF ASSURED: JOHN HANCOCK FUNDS

STOP PAYMENT ORDER OR REFUSAL TO PAY CHECK ENDORSEMENT
It is agreed that this Bond is amended as follows:
1.	By adding the following INSURING CLAUSE:
		"15. Stop Payment Order or Refusal to Pay Check
		Loss resulting directly from the ASSURED being legally liable to pay compensatory damages
		for:
		a.	complying or failing to comply with notice from any customer of the ASSURED or any
			authorized representative of such customer, to stop payment on any check or draft
			made or drawn upon or against the ASSURED by such customer or by any authorized
			representative of such customer, or
		b.	refusing to pay any check or draft made or drawn upon or against the ASSURED by any
			customer of the ASSURED or by any authorized representative of such customer."
2.	By adding the following Specific Exclusion:
	"Section 4.A. Specific Exclusions - Applicable to INSURING CLAUSE
	15 This Bond does not directly or indirectly cover:
	a.	liability assumed by the ASSURED by agreement under any contract, unless such liability
		would have attached to the ASSURED even in the absence of such agreement,
	b.	loss arising out of:
		(1)	libel, slander, wrongful entry, eviction, defamation, false arrest, false imprisonment,
			malicious prosecution, assault or battery,
		(2)	sickness, disease, physical bodily harm, mental or emotional distress or anguish, or
			death of any person, or
		(3)	discrimination."

This Endorsement applies to loss discovered after 12:01 a.m. on July 15, 2009.

ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN
UNCHANGED.

Date: January 25, 2010

By /s/ Robert Hamburger

Authorized Representative

ICAP Bond
Form 17-02-2365 (Ed. 10-00)


	FEDERAL INSURANCE COMPANY


	Endorsement No.: 7 Bond
	Bond Number:	81906724

NAME OF ASSURED: JOHN HANCOCK FUNDS

EXTENDED COMPUTER SYSTEMS ENDORSEMENT

It is agreed that this Bond is amended as follows: 1.
By adding the following INSURING CLAUSE: 16.
Extended Computer Systems
A. Electronic Data, Electronic Media, Electronic
Instruction Loss resulting directly from:
(1)	the fraudulent modification of Electronic Data, Electronic Media or Electronic
	Instruction being stored within or being run within any system covered under this
	INSURING CLAUSE,
(2)	robbery, burglary, larceny or theft of Electronic Data, Electronic Media or
	Electronic Instructions,
(3)	the acts of a hacker causing damage or destruction of Electronic Data, Electronic
	Media or Electronic Instruction owned by the ASSURED or for which the
	ASSURED is legally liable, while stored within a Computer System covered
	under this INSURING CLAUSE, or
(4)	the damage or destruction of Electronic Data, Electronic Media or Electronic
	Instruction owned by the ASSURED or for which the ASSURED is legally liable
	while stored within a Computer System covered under INSURING CLAUSE 8,
	provided such damage or destruction was caused by a computer program or
	similar instruction which was written or altered to intentionally incorporate a hidden
	instruction designed to damage or destroy Electronic Data, Electronic Media, or
	Electronic Instruction in the Computer System in which the computer program
	or instruction so written or so altered is used.


ICAP2 Bond
Form 17-02-2976 (Ed. 1-02)		Page 1


B.	Electronic Communication
	Loss resulting directly from the ASSURED having transferred, paid or delivered any
	funds or property, established any credit, debited any account or given any value on the
	faith of any electronic communications directed to the ASSURED, which were
	transmitted or appear to have been transmitted through:
	(1)	an Electronic Communication System,
	(2)	an automated clearing house or custodian, or
	(3)	a Telex, TWX, or similar means of communication,
	directly into the ASSURED'S Computer System or Communication Terminal, and
	fraudulently purport to have been sent by a customer, automated clearing house,
	custodian, or financial institution, but which communications were either not sent by said
	customer, automated clearing house, custodian, or financial institution, or were
	fraudulently modified during physical transit of Electronic Media to the ASSURED or
	during electronic transmission to the ASSURED'S Computer System or
	Communication Terminal.

C.	Electronic Transmission
	Loss resulting directly from a customer of the ASSURED, any automated clearing house,
	custodian, or financial institution having transferred, paid or delivered any funds or
	property, established any credit, debited any account or given any value on the faith of
	any electronic communications, purporting to have been directed by the ASSURED to
	such customer, automated clearing house, custodian, or financial institution initiating,
	authorizing, or acknowledging, the transfer, payment, delivery or receipt of funds or
	property, which communications were transmitted through:
	(1)	an Electronic Communication System,
	(2)	an automated clearing house or custodian, or
	(3)	a Telex, TWX, or similar means of communication,
	directly into a Computer System or Communication Terminal of said customer,
	automated clearing house, custodian, or financial institution, and fraudulently purport to
	have been directed by the ASSURED, but which communications were either not sent
	by the ASSURED, or were fraudulently modified during physical transit of Electronic
	Media from the ASSURED or during electronic transmission from the ASSURED'S
	Computer System or Communication Terminal, and for which loss the ASSURED is
	held to be legally liable.


ICAP2 Bond
Form 17-02-2976 (Ed. 1-02)		Page 2


2.	By adding to Section 1., Definitions, the following:


	ll. Communication Terminal means a teletype, teleprinter or video display terminal, or similar
		device capable of sending or receiving information electronically. Communication Terminal
		does not mean a telephone.
	mm. Electronic Communication System means electronic communication operations by Fedwire,
		Clearing House Interbank Payment System (CHIPS), Society of Worldwide International
		Financial Telecommunication (SWIFT), similar automated interbank communication systems,
		and Internet access facilities.
	nn. Electronic Data means facts or information converted to a form usable in Computer Systems
		and which is stored on Electronic Media for use by computer programs.
	oo. Electronic Instruction means computer programs converted to a form usable in a Computer
		System to act upon Electronic Data.
	pp. Electronic Media means the magnetic tape, magnetic disk, optical disk, or any other bulk
		media on which data is recorded.

3.	By adding the following Section after Section 4., Specific Exclusions-Applicable to All INSURING
	CLAUSES except 1., 4., and 5.:
	Section 4.A. Specific Exclusions-Applicable to INSURING CLAUSE
	16 This Bond does not directly or indirectly cover:
	a.	loss resulting directly or indirectly from Forged, altered or fraudulent negotiable instruments,
		securities, documents or written instruments used as source documentation in the preparation
		of Electronic Data;
	b.	loss of negotiable instruments, securities, documents or written instruments except as
		converted to Electronic Data and then only in that converted form;
	c.	loss resulting from mechanical failure, faulty construction, error in design, latent defect, wear
		or tear, gradual deterioration, electrical disturbance, Electronic Media failure or breakdown or
		any malfunction or error in programming or error or omission in processing;
	d.	loss resulting directly or indirectly from the input of Electronic Data at an authorized
		electronic terminal of an Electronic Funds Transfer System or a Customer
		Communication System by a person who had authorized access from a customer to that
		customer's authentication mechanism; or
	e.	liability assumed by the ASSURED by agreement under any contract, unless such liability
would have attached to the ASSURED even in the absence of such agreement; or
	f.	loss resulting directly or indirectly from:
		(1)	written instruction unless covered under this INSURING CLAUSE; or
		(2)	instruction by voice over the telephone, unless covered under this INSURING CLAUSE.


ICAP2 Bond
Form 17-02-2976 (Ed. 1-02)		Page 3

4.	By adding to Section 9., Valuation, the following:

	Electronic Data, Electronic Media, Or Electronic Instruction
	In case of loss of, or damage to, Electronic Data, Electronic Media or Electronic Instruction used by the ASSURED in its business, the COMPANY shall be liable under this Bond only if such items are actually reproduced form other Electronic Data, Electronic Media or Electronic Instruction of the same kind or quality and then for not more than the cost of the blank media and/or the cost of labor for the actual transcription or copying of data which shall have been furnished by the ASSURED in order to reproduce such Electronic Data, Electronic Media or Electronic Instruction subject to the applicable SINGLE LOSS LIMIT OF LIABILITY.
	However, if such Electronic Data can not be reproduced and said Electronic Data represents Securities or financial instruments having a value, then the loss will be valued as indicated in the SECURITIES and OTHER PROPERTY paragraphs of this Section.

This Endorsement applies to loss discovered after 12:01 a.m. on July 15, 2009.

ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.

Date: January 25, 2010

By /S/ Robert Hamburger

Authorized Representative


ICAP2 Bond
Form 17-02-2976 (Ed. 1-02)		Page 4


	FEDERAL INSURANCE COMPANY


	Endorsement No:	8 Bond
	Bond Number:	81906724

NAME OF ASSURED: JOHN HANCOCK FUNDS


	NAME OF ASSURED ENDORSEMENT

It is agreed that the NAME OF ASSURED in the DECLARATIONS is amended to read as
follows:


JOHN HANCOCK
FUNDS

JOHN HANCOCK TRUST
500 INDEX
500 INDEX TRUST B
ABSOLUTE RETURN TRUST
ACTIVE BOND TRUST ALL CAP
CORE TRUST ALL CAP
GROWTH TRUST ALL CAP
VALUE TRUST
AMERICAN ASSET ALLOCATION TRUST
AMERICAN BLUE CHIP INCOME AND GROWTH TRUST
AMERICAN BOND TRUST AMERICAN
GLOBAL GROWTH TRUST
AMERICAN GLOBAL SMALL CAPITALIZATION TRUST
AMERICAN GROWTH TRUST AMERICAN
GROWTH-INCOME TRUST
AMERICAN HIGH-INCOME BOND TRUST
AMERICAN INTERNATIONAL TRUST
AMERICAN NEW WORLD TRUST
BLUE CHIP GROWTH TRUST
BOND INDEX TRUST A
BOND INDEX TRUST B
CAPITAL APPRECIATION TRUST
CLASSIC VALUE TRUST CORE
BOND TRUST
CORE EQUITY TRUST
DYNAMIC GROWTH TRUST EMERGING
GROWTH TRUST EMERGING MARKETS
VALUE TRUST
EMERGING SMALL COMPANY TRUST
EQUITY-INCOME TRUST
FINANCIAL SERVICES TRUST
FRANKLIN TEMPLETON FOUNDING ALLOCATION TRUST
FUNDAMENTAL VALUE TRUST


ICAP Bond
Form 17-02-0949 (Rev. 1-97)		Page 1

FEDERAL INSURANCE COMPANY

GLOBAL ALLOCATION TRUST
GLOBAL BOND TRUST
GLOBAL REAL ESTATE TRUST
GLOBAL TRUST
GROWTH & INCOME TRUST


ICAP Bond
Form 17-02-0949 (Rev. 1-97)		Page 1

GROWTH OPPORTUNITIES TRUST
GROWTH TRUST HEALTH SCIENCES
TRUST HIGH INCOME TRUST HIGH YIELD
TRUST INCOME & VALUE TRUST INCOME
TRUST
INDEX ALLOCATION TRUST
INTERNATIONAL CORE TRUST
INTERNATIONAL EQUITY INDEX TRUST A
INTERNATIONAL EQUITY INDEX TRUST B
INTERNATIONAL GROWTH TRUST
INTERNATIONAL OPPORTUNITIES TRUST
INTERNATIONAL SMALL CAP TRUST
INTERNATIONAL SMALL COMPANY
TRUST INTERNATIONAL VALUE TRUST
INTRINSIC VALUE TRUST
INVESTMENT QUALITY BOND TRUST
LARGE CAP TRUST LARGE
CAP VALUE TRUST
LIFESTYLE AGGRESSIVE TRUST
LIFESTYLE BALANCED TRUST LIFESTYLE
CONSERVATIVE TRUST
LIFESTYLE GROWTH TRUST
LIFESTYLE MODERATE TRUST
MANAGED TRUST
MID CAP INDEX TRUST
MID CAP INTERSECTION TRUST MID CAP
STOCK TRUST
MID CAP VALUE EQUITY TRUST
MID CAP VALUE TRUST
MID VALUE TRUST
MONEY MARKET TRUST
MONEY MARKET TRUST B
MUTUAL SHARES TRUST NATURAL
RESOURCES TRUST
OVERSEAS EQUITY TRUST
PACIFIC RIM TRUST
QUANTITATIVE ALL CAP TRUST
QUANTITATIVE MID CAP TRUST
QUANTITATIVE VALUE TRUST REAL
ESTATE EQUITY TRUST
REAL ESTATE SECURITIES TRUST REAL
RETURN BOND TRUST
SCIENCE & TECHNOLOGY TRUST
SHORT-TERM BOND TRUST
SMALL CAP GROWTH TRUST
SMALL CAP INDEX TRUST
SMALL CAP INTRINSIC VALUE TRUST
SMALL CAP OPPORTUNITIES TRUST
SMALL CAP TRUST SMALL CAP VALUE
TRUST
SMALL COMPANY GROWTH TRUST
SMALL COMPANY TRUST
SMALL COMPANY VALUE TRUST SPECIAL
VALUE TRUST


ICAP Bond
Form 17-02-0949 (Ed. 1-97)		Page 2

SPECTRUM INCOME TRUST
STRATEGIC BOND TRUST
STRATEGIC INCOME TRUST
TOTAL RETURN TRUST
TOTAL STOCK MARKET INDEX TRUST
U.S. CORE TRUST
U.S. GLOBAL LEADERS GROWTH TRUST
U.S. GOVERNMENT SECURITIES TRUST
U.S. HIGH YIELD BOND TRUST U.S.
LARGE CAP TRUST
U.S. MULTI SECTOR TRUST
UTILITIES TRUST
VALUE & RESTRUCTURING TRUST
VALUE OPPORTUNITIES TRUST VALUE
TRUST
VISTA TRUST
JOHN HANCOCK FUNDS II
ABSOLUTE RETURN PORTFOLIO
ACTIVE BOND FUND ALL CAP
CORE FUND ALL CAP GROWTH
FUND ALL CAP VALUE FUND BLUE
CHIP GROWTH FUND
CAPITAL APPRECIATION FUND
CLASSIC VALUE FUND CORE BOND
FUND CORE EQUITY FUND DYNAMIC
GROWTH FUND EMERGING GROWTH
FUND EMERGING MARKETS VALUE
FUND
EMERGING SMALL COMPANY FUND
EQUITY-INCOME FUND
FINANCIAL SERVICES FUND
FUNDAMENTAL VALUE FUND
GLOBAL ALLOCATION FUND
GLOBAL BOND FUND
GLOBAL FUND
GLOBAL REAL ESTATE FUND
GROWTH & INCOME FUND
GROWTH FUND
GROWTH OPPORTUNITIES FUND
HEALTH SCIENCES FUND HIGH INCOME
FUND HIGH YIELD FUND INCOME FUND
INDEX 500 FUND
INTERNATIONAL EQUITY INDEX FUND
INTERNATIONAL GROWTH FUND
INTERNATIONAL OPPORTUNITIES FUND
INTERNATIONAL SMALL CAP FUND
INTERNATIONAL SMALL COMPANY
FUND
INTERNATIONAL VALUE FUND INTRINSIC
VALUE FUND
INVESTMENT QUALITY BOND FUND
LARGE CAP FUND LARGE
CAP VALUE FUND


ICAP Bond
Form 17-02-0949 (Ed. 1-97)		Page 3

LIFECYCLE 2010 PORTFOLIO
LIFECYCLE 2015 PORTFOLIO
LIFECYCLE 2020 PORTFOLIO
LIFECYCLE 2025 PORTFOLIO
LIFECYCLE 2030 PORTFOLIO
LIFECYCLE 2035 PORTFOLIO
LIFECYCLE 2040 PORTFOLIO
LIFECYCLE 2045 PORTFOLIO
LIFECYCLE 2050 PORTFOLIO
LIFECYCLE RETIREMENT PORTFOLIO
LIFESTYLE AGGRESSIVE PORTFOLIO
LIFESTYLE BALANCED PORTFOLIO
LIFESTYLE CONSERVATIVE PORTFOLIO
LIFESTYLE GROWTH PORTFOLIO
LIFESTYLE MODERATE PORTFOLIO MANAGED FUND
MID CAP INDEX FUND
MID CAP STOCK FUND
MID CAP INTERSECTION FUND
MID CAP VALUE EQUITY FUND
MID CAP VALUE FUND
MONEY MARKET FUND
MUTUAL SHARES FUND
NATURAL RESOURCES FUND PACIFIC RIM FUND
QUANTITATIVE ALL CAP FUND
QUANTITATIVE MID CAP FUND
QUANTITATIVE VALUE FUND
REAL ESTATE EQUITY FUND
REAL ESTATE SECURITIES FUND
REAL RETURN BOND FUND
SCIENCE & TECHNOLOGY FUND
SHORT-TERM BOND FUND
SMALL CAP FUND
SMALL CAP GROWTH FUND
SMALL CAP INDEX FUND
SMALL CAP OPPORTUNITIES FUND
SMALL CAP VALUE FUND
SMALL COMPANY FUND
SMALL COMPANY GROWTH FUND
SMALL COMPANY VALUE FUND
SPECIAL VALUE FUND
SPECTRUM INCOME FUND
STRATEGIC BOND FUND
STRATEGIC INCOME FUND
TOTAL BOND MARKET FUND
TOTAL RETURN FUND
TOTAL STOCK MARKET INDEX FUND
U.S. GLOBAL LEADERS GROWTH FUND
U.S. GOVERNMENT SECURITIES FUND
U.S. HIGH YIELD BOND FUND
U.S. MULTI SECTOR FUND UTILITIES FUND
VALUE & RESTRUCTURING FUND
VALUE FUND
VALUE OPPORTUNITIES FUND
VISTA FUND
JOHN HANCOCK CASH INVESTMENT TRUST


ICAP Bond
Form 17-02-0949 (Ed. 1-97)		Page 6

JH GOVERNMENT INCOME FUND
JH HIGH YIELD BOND FUND
JH INVESTMENT GRADE BOND FUND
JH MONEY MARKET FUND
JH U.S. GOVERNMENT CASH RESERVE FUND
JH BALANCED FUND
JH LARGE CAP EQUITY FUND
JH SOVEREIGN INVESTORS FUND
JH SMALL CAP INTRINSIC VALUE FUND
JH LARGE CAP INTRINSIC VALUE FUND
INVESTORS TRUST JH REAL ESTATE FUND
JH SMALL CAP GROWTH FUND
JH TECHNOLOGY FUND
JH FOCUSED EQUITY FUND
JH MULTI CAP GROWTH
JH MID CAP EQUITY
TAX-ADVANTAGED DIVIDEND INCOME FUND
CALIFORNIA TAX-FREE INCOME FUND
JH GROWTH TRENDS FUND JH SMALL CAP FUND
JH TECHNOLOGY LEADERS FUND
JH REAL FINANCIAL INDUSTRIES FUND
JH REGIONAL BANK FUND
JH SMALL CAP EQUITY FUND
JH HIGH INDEPENDENCE DIVERSIFIED CORE EQUITY FUND II
JH HEALTH BOND FUND
JH MASSACHUSETTS TAX-FREE INCOME FUND
JH NEW YORK TAX-FREE INCOME FUND
JH CORE EQUITY
JH INT'L CLASSIC VALUE
JH LARGE CAP SELECT JH U.S. GLOBAL LEADERS
JH CLASSIC VALUE
JH ALLOCATION CORE
JH CLASSIC VALUE II
JH ALLOCATION GROWTH INCOME SECURITIES TRUST
JH GREATER CHINA OPPORTUNITIES FUND
JH INTERNATIONAL FUND
JH MID CAP GROWTH FUND
JH HIGH YIELD MUNICIPAL BOND FUND
JH TAX-FREE BOND FUND
JH STRATEGIC INCOME FUND
JH HEALTH SCIENCES FUND
JH BANK & THRIFT OPPORTUNITY
JH PATRIOT SELECT DIVIDEND FUND
JH PATRIOT GLOBAL DIVIDEND
JH PREFERRED INCOME FUND
JH PATRIOT PREFERRED DIVIDEND
JH PREFERRED INCOME FUND II
JH PATRIOT PREMIUM DIVIDEND FUND I
JH PREFERRED INCOME FUND II
JH PATRIOT PREMIUM DIVIDEND FUND II
JOHN HANCOCK FUNDS III
JH ACTIVE VALUE FUND
JH CLASSIC VALUE MEGA CAP FUND
JH GLOBAL FUND
JH GLOBAL SHAREHOLDER YIELD FUND


ICAP Bond
Form 17-02-0949 (Ed. 1-97)		Page 6

JH GROWTH FUND
JH GROWTH OPPORTUNITIES FUND
JH INTERNATIONAL ALLOCATION PORTFOLIO
JH INTERNATIONAL CORE FUND JH
INTERNATIONAL GROWTH FUND JH
INTRINSIC VALUE FUND
JH U.S. CORE FUND
JH U.S. QUALITY EQUITY FUND
JH VALUE OPPORTUNITIES FUND

This Endorsement applies to loss discovered after 12:01 a.m. on July 15, 2009.

ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.


Date: January 25, 2010		By /s/ Robert Hamburger
		Authorized Representative


ICAP Bond
Form 17-02-0949 (Ed. 1-97)		Page 6


	ENDORSEMENT/RIDER
Effective date of
this endorsement/rider: July 15, 2009	FEDERAL INSURANCE COMPANY

	Endorsement/Rider No. 9
	To be attached to and
	form a part of Bond No. 81906724
Issued to: JOHN HANCOCK FUNDS

AUTOMATIC INCREASE IN LIMITS ENDORSEMENT

In consideration of the premium charged, it is agreed that General Agreements, Section C., Additional Offices

or Employees-Consolidation, Merger or Purchase or Acquisition of Assets or Liabilities-Notice to Company, is

amended by adding the following:

If the ASSURED, while this Bond is in force, establish new funds other than by consolidation or merger

with, purchase or acquisition of assets or liabilities of, another institution, such funds shall automatically

be covered hereunder from the date of establishment.

If the ASSURED, while this Bond is in force, require an increase in limits to comply with SEC Reg. 17g-

1, due to an increase in assets, such increase shall automatically be covered hereunder from the date

of such increase, but only as excess coverage. Such excess coverage shall not exceed five million

dollars ($5,000,000) in additional limits and shall be excess of this Bond and of the following excess

Bond:

	Carrier:	ICI Mutual Insurance Company
	Bond Number	87142108B
	Limits of Liability:	$20,000,000
	Bond Period:	July 15, 2009 to July 15, 2010

The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage.

All other terms, conditions and limitations of this Bond shall remain unchanged.


		ENDORSEMENT/RIDER

Effective date of
this endorsement/rider: July 15, 2009		FEDERAL INSURANCE COMPANY

/s/ Robert Hamburger

Authorized Representative

Q07-1972(08/2007)


		ENDORSEMENT/RIDER

Effective date of
this endorsement/rider: July 15, 2009		FEDERAL INSURANCE COMPANY

Endorsement/Rider No. 10

To be attached to and form a part of

Bond No. 81906724

Issued to: JOHN HANCOCK FUNDS

AMEND DEFINITION OF EMPLOYEE ENDORSEMENT

In consideration of the premium charged, it is agreed that Section 1., Definitions, the term Employee is

amended to include the following:

Any natural person while in the service of the ASSURED solely while performing sub-advisory

services for the ASSURED pursuant to a written contract.

The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms

and conditions of coverage.

All other terms, conditions and limitations of this Bond shall remain unchanged.

Effective date of this endorsement/rider: July 15, 2009

ENDORSEMENT/RIDER

/s/ Robert Hamburger

Authorized Representative

Q07-1957 (08/2007)


		ENDORSEMENT/RIDER
Effective date of
this endorsement/rider: July 15, 2009




	FEDERAL INSURANCE COMPANY
	Endorsement/Rider	11
	No.	Bond

	To be attached to and
	form a part of Bond No.	81906724

Issued to: JOHN HANCOCK FUNDS


DELETING VALUATION-OTHER PROPERTY AND AMENDING CHANGE OR MODIFICATION
ENDORSEMENT

In consideration of the premium charged, it is agreed that this Bond is amended as follows:
1.	The paragraph titled Other Property in Section 9, Valuation, is deleted in its entirety.
2.	The third paragraph in Section 16, Change or Modification, is deleted in its entirety and replaced
	with the following:
	If this Bond is for a joint ASSURED, no change or modification which would adversely affect the
	rights of the ASSURED shall be effective prior to sixty (60) days after written notice has been
	furnished to all insured Investment Companies and the Securities and Exchange Commission,
	Washington, D.C., by the COMPANY.

The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage.

All other terms, conditions and limitations of this Bond shall remain unchanged.



Effective date of	ENDORSEMENT/RIDER
this endorsement/rider: July 15, 2009

/s/ Robert Hamburger

Authorized

Representative


17-02-2437	(12/2006)	Page 1
rev.

7/15/2009

JOHN HANCOCK FUNDS
601 CONGRESS STREET
BOSTON, MA 02210


Re: Financial Strength
Insuring Company: FEDERAL INSURANCE COMPANY

Dear JOHN HANCOCK FUNDS

Chubb continues to deliver strong financial performance. Our financial strength, as reflected in our
published reports and our ratings, should give you peace of mind that Chubb will be there for you when
you need us most.
o	Chubb's financial results during 2009 stand out in the industry.
o	Chubb's balance sheet is backed with investments that we believe emphasize quality, safety, and
	liquidity, with total invested assets of $42.0 billion as of September 30, 2009.
o	With 127 years in the business, Chubb is here for the long term, which is why we vigorously
	guard our financial strength and take what we believe is a prudent approach to assuming risk -on
	both the asset and liability sides of our balance sheet.
o	Chubb is one of the most highly rated property and casualty companies in the industry, which is a
	reflection of our overall quality, strong financial condition, and strong capital position.
o Chubb's financial strength rating is "A++" from A.M. Best Company, "AA" from
Fitch, "Aa2" from Moody's, and "AA" from Standard & Poor's - the leading
	independent evaluators of the insurance industry. o Chubb's senior unsecured corporate
	debt rating from Standard & Poor's was
upgraded from "A" to "A+" on December 15, 2008. Standard & Poor's also
	reaffirmed all of Chubb's ratings with a "stable" outlook o A.M. Best, Fitch, and Moody's
	recently affirmed all of Chubb's ratings with a
	"stable" outlook. (For reference, A.M. Best reaffirmed us on 12/23/08, Moody's on
	2/4/09, and Fitch on 2/13/09.) o For more than 50 years, Chubb has remained part of an
	elite group of insurers
	that have maintained A.M. Best's highest ratings.
o	Chubb was named to Standard & Poor's list of S&P 500 Dividend Aristocrats, one of 52
	companies in the S&P 500 index that have increased dividends every year for at least 25
	consecutive years.
o	Chubb's investment portfolio has held up extremely well. Chubb takes what we believe is a
	conservative approach to selecting and managing our assets. Furthermore, Chubb does not have
	any direct exposure to the subprime mortgage-backed securities market, and we stopped doing
	new credit derivative business in 2003 and put existing business in runoff.

Rarely has Chubb's business philosophy - to underwrite conservatively and invest judiciously -been more
important than it is today. By adhering to this philosophy, we now have the capacity and flexibility to
respond to opportunities, especially when you engage us in fully understanding your business risks.

We want you to know that Chubb is well-positioned to continue serving your needs with our underwriting
expertise; broad underwriting appetite across all property, casualty, and specialty lines; and claim
services. If you have any questions, feel free to call your agent or broker or your local Chubb underwriter.
As always, we appreciate the trust you place is us as your insurance partner.

99-10-0100 (12/2009)

Important Notice:

The SEC Requires Proof of Your Fidelity Insurance Policy

Your company is now required to file an electronic copy of your fidelity insurance coverage (Chubb's ICAP Bond policy) to the Securities and Exchange Commission (SEC), according to rules adopted by the SEC on June 12, 2006.

Chubb is in the process of providing your agent/broker with an electronic copy of your insurance policy as well as instructions on how to submit this proof of fidelity insurance coverage to the SEC. You can expect to receive this information from your agent/broker shortly.

The electronic copy of your policy is provided by Chubb solely as a convenience and does not affect the terms and conditions of coverage as set forth in the paper policy you receive by mail. The terms and conditions of the policy mailed to you, which are the same as those set forth in the electronic copy, constitute the entire agreement between your company and Chubb.

If you have any questions, please contact your agent or broker.

Form 14-02-12160 (ed. 7/2006)

IMPORTANT NOTICE TO POLICYHOLDERS

All of the members of the Chubb Group of Insurance companies doing business in the United States (hereinafter "Chubb") distribute their products through licensed insurance brokers and agents ("producers"). Detailed information regarding the types of compensation paid by Chubb to producers on US insurance transactions is available under the Producer Compensation link located at the bottom of the page at www.chubb.com, or by calling 1-866-588-9478. Additional information may be available from your producer.

Thank you for choosing Chubb.

10-02-1295 (ed. 6/2007)

POLICYHOLDER DISCLOSURE NOTICE OF

TERRORISM INSURANCE COVERAGE

(for policies with no terrorism exclusion or sublimit)

You are hereby notified that, under the Terrorism Risk Insurance Act (the "Act"), effective December 26, 2007, this policy makes available to you insurance for losses arising out of certain acts of terrorism. Terrorism is defined as any act certified by the Secretary of the Treasury, in concurrence with the Secretary of State and the Attorney General of the United States, to be an act of terrorism; to be a violent act or an act that is dangerous to human life, property or infrastructure; to have resulted in damage within the United States, or outside the United States in the case of an air carrier or vessel or the premises of a United States Mission; and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion.

You should know that the insurance provided by your policy for losses caused by acts of terrorism is partially reimbursed by the United States under the formula set forth in the Act. Under this formula, the United States pays 85% of covered terrorism losses that exceed the statutorily established deductible to be paid by the insurance company providing the coverage.

However, if aggregate insured losses attributable to terrorist acts certified under the Act exceed $100 billion in a Program Year (January 1 through December 31), the Treasury shall not make any payment for any portion of the amount of such losses that exceeds $100 billion.

10-02-1281 (Ed. 1/2003)

If aggregate insured losses attributable to terrorist acts certified under the Act exceed $100 billion in a Program Year (January 1 through December 31) and we have met our insurer deductible under the Act, we shall not be liable for the payment of any portion of the amount of such losses that exceeds $100 billion, and in such case insured losses up to that amount are subject to pro rata allocation in accordance with procedures established by the Secretary of the Treasury.

The portion of your policy's annual premium that is attributable to insurance for such acts of terrorism is: $

-0-.

If you have any questions about this notice, please contact your agent or broker.

10-02-1281 (Ed. 1/2003)

ICI MUTUAL INSURANCE COMPANY,
a Risk Retention Group

1401 H St. NW
Washington DC 20005

INVESTMENT COMPANY BLANKET BOND
(EXCESS)

ICI MUTUAL INSURANCE COMPANY,
a Risk Retention Group
1401 H St. NW
Washington, DC 20005

DECLARATIONS

NOTICE

This policy is issued by your risk retention group. Your risk retention group may not be subject to all of the insurance laws and regulations of your state. State insurance insolvency guaranty funds are not available for your risk retention group.


Item 1.	Name of Insured (the “Insured”)			Bond Number
	John Hancock Funds			87142109B

	Principal Office:	601 Congress Street
		Boston, MA 02210

	Mailing Address:	601 Congress Street
		Boston, MA 02210

Item 2.	Bond Period: from 12:01 a.m. on July 15, 2009 to 12:01 a.m. on July 15, 2010 ,
	or the earlier effective date of the termination of this Bond, standard time at the Principal Office as to
	each of said dates.
Item 3.	Limit of Liability—
				DEDUCTIBLE
			LIMIT OF LIABILITY	AMOUNT ¹
EMPLOYEE			$15,000,000	$15,000,000
PREMISES			$15,000,000	$15,000,000
TRANSIT			$15,000,000	$15,000,000
FORGERY OR ALTERATION			$15,000,000	$15,000,000
EXTENDED FORGERY			$15,000,000	$15,000,000
COUNTERFEIT CURRENCY			$15,000,000	$15,000,000
COMPUTER SYSTEM			$15,000,000	$15,000,000
VOICE-INITIATED TRANSFER INSTRUCTIONS			$15,000,000	$15,000,000
AUTOMATIC TELEPHONE TRANSACTIONS			$15,000,000	$15,000,000
TELEFACSIMILE INSTRUCTIONS			$15,000,000	$15,000,000
THREATS TO PERSONS			$15,000,000	$15,000,000
UNCOLLECTIBLE ITEMS OF DEPOSIT			$15,000,000	$15,000,000

1 Plus the applicable deductible of the Primary Bond
Item 4. PRIMARY BOND—
	Chubb Group of Insurance Companies Financial Institution Investment Company Asset Protection Bond
	No. 81906724

Item 5. The liability of ICI Mutual Insurance Company, a Risk Retention Group (the “Underwriter”) is subject to
	the terms of the following Riders attached hereto:

	Riders 1

	and of all Riders applicable to this Bond issued during the Bond Period.

			By: /S/ Maggie Sullivan
			Authorized Representative

NOTICE

ICI Mutual Insurance Company, a Risk Retention Group (“Underwriter”), in consideration of the required premium, and in reliance on the application and all other information furnished to the Underwriter by the Insured, and subject to and in accordance with the Declarations, General Agreements, Provisions, Conditions and Limitations of this bond, agrees to indemnify the Insured for loss, discovered during the Bond Period, which would otherwise have been paid under the Primary Bond but for the fact that the loss exceeds the limit of liability of such Primary Bond. Coverage under this bond shall follow the terms and conditions of the Primary Bond, except with respect to:

a. Any coverage exceptions specified by riders attached to this bond;

b. The deductible amounts and limits of liability as stated in ITEM 3. of the Declarations and;

c. The General Agreements, Provisions, Conditions and Limitations set forth herein.

GENERAL AGREEMENTS

A. CHANGE OR MODIFICATION OF PRIMARY BOND

If after the inception date of this bond the Primary Bond is changed or modified, written notice of any such change or modification shall be given to the Underwriter as soon as practicable, not to exceed thirty (30) days after such change or modification, together with such information as the Underwriter may request. There shall be no coverage under this bond for any loss arising from or in any way related to such change or modification until such time as the Underwriter is advised of and specifically agrees by written endorsement to provide coverage for such change or modification.

B. LOSS--NOTICE--PROOF--LEGAL PROCEEDINGS

This Bond is for the use and benefit only of the Insured and the Underwriter shall not be liable hereunder for loss sustained by anyone other than the Insured (except that if the Insured includes such other loss in the Insured's proof of loss, the Underwriter shall consider its liability therefor.) As soon as practicable and not more than sixty (60) days after discovery of any loss covered hereunder, the Insured shall give the Underwriter written notice thereof and, as soon as practicable and within one year after such discovery, shall also furnish to the Underwriter affirmative proof of loss with full particulars. The Underwriter may extend the sixty day notice period or the one year proof of loss period if the Insured requests an extension and shows good cause therefor.

The Underwriter shall not be liable hereunder for loss of Securities unless each of the Securities is identified in such proof of loss by a certificate or bond number or by such identification means as the Underwriter may require. The Underwriter shall have a reasonable period after receipt of a proper affirmative proof of loss within which to investigate the claim, but where the loss is of Securities and is clear and undisputed, settlement shall be made within forty-eight (48) hours even if the loss involves Securities of which duplicates may be obtained.

The Insured shall not bring legal proceedings against the Underwriter to recover any loss hereunder prior to sixty (60) days after filing such proof of loss or subsequent to twenty-four (24) months after the discovery of such loss or, in the case of a legal proceeding to recover hereunder on account of any judgment against the Insured in or settlement of any suit or to recover court costs or attorneys' fees paid in any such suit, twenty-four (24) months after the date of the final judgment in or settlement of

such suit. If any limitation in this bond is prohibited by any applicable law, such limitation shall be deemed to be amended to be equal to the minimum period of limitation permitted by such law.

Notice hereunder shall be given to Manager, Professional Liability Claims, ICI Mutual Insurance Company, 1401 H St. NW, Washington, DC 20005.

PROVISIONS, CONDITIONS AND LIMITATIONS

SECTION 1. DEFINITIONS

a. Deductible Amount means the amount stated in ITEM 3. of the Declarations, applicable to each Single Loss. In no event shall this Deductible Amount be reduced for any reason, including but not limited to, the non-existence, invalidity, insufficiency or uncollectibility of any Underlying Bond(s), including the insolvency or dissolution of any Insurer providing coverage under any Underlying Bond(s).

b. Primary Bond means the bond scheduled in ITEM 5. of the Declarations or any bond that may replace or substitute for such bond.

c. Single Loss means:

(1) all loss resulting from any one actual or attempted theft committed by one person, or

(2) all loss caused by any one act (other than a theft or a dishonest or fraudulent act) committed by
one person, or

(3) all loss caused by dishonest or fraudulent acts committed by one person, or

(4) all expenses incurred with respect to any one audit or examination, or

(5) all loss caused by any one occurrence or event other than those specified in subsections (1)
through (4) above.

d. Underlying Bond means the Primary Bond and all other insurance coverage referred to in ITEM 4. Of the Declarations.

SECTION 2. SINGLE LOSS LIMIT OF LIABILITY

The Underwriter’s liability for each Single Loss shall not exceed the Limit of Liability as stated in ITEM 3. of the Declarations.

SECTION 3. DISCOVERY

For all purposes under this bond, a loss is discovered, and discovery of a loss occurs, when the Insured

(1) becomes aware of facts, or

(2) receives notice of an actual or potential claim by a third party which alleges that the Insured is
liable under circumstances, which would cause a reasonable person to assume that loss covered
by this bond has been or is likely to be incurred even though the exact amount or details of loss
may not be known.

SECTION 4. ASSIGNMENT OF RIGHTS

Upon payment to the Insured hereunder for any loss, the Underwriter shall be subrogated to the extent of such payment to all of the Insured's rights and claims in connection with such loss; provided,

however, that the Underwriter shall not be subrogated to any such rights or claims one named Insured under this bond may have against another named Insured under this bond. At the request of the Underwriter, the Insured shall execute all assignments or other documents and take such action as the Underwriter may deem necessary or desirable to secure and perfect such rights and claims, including the execution of documents necessary to enable the Underwriter to bring suit in the name of the Insured.

Assignment of any rights or claims under this bond shall not bind the Underwriter without the Underwriter's written consent.

SECTION 5. COOPERATION OF INSURED

At the Underwriter’s request and at reasonable times and places designated by the Underwriter the Insured shall:

a.	submit to examination by the Underwriter and subscribe to the same under oath, and
b.	produce for the Underwriter’s examination all pertinent records, and
c.	cooperate with the Underwriter in all matters pertaining to the loss.

The Insured shall execute all papers and render assistance to secure for the Underwriter the rights and causes of action provided for under this bond. The Insured shall do nothing after loss to prejudice such rights or causes of action.

SECTION 6. TERMINATION

The Underwriter may terminate this bond as to any Insured or all Insureds only by written notice to such Insured or Insureds and, if this bond is terminated as to any investment company registered under the Investment Company Act of 1940, to each such investment company terminated thereby and to the Securities and Exchange Commission, Washington, D.C., in all cases not less than sixty (60) days prior to the effective date of termination specified in such notice.

The Insured may terminate this bond only by written notice to the Underwriter not less than sixty (60) days prior to the effective date of the termination specified in such notice. Notwithstanding the foregoing, when the Insured terminates this bond as to any investment company registered under the Investment Company Act of 1940, the effective date of termination shall be not less than sixty (60) days from the date the Underwriter provides written notice of the termination to each such investment company terminated thereby and to the Securities and Exchange Commission, Washington, D.C.

This bond will terminate as to any Insured entity that is not an investment company registered under the Investment Company Act of 1940 immediately and without notice upon (1) the takeover of such Insured's business by any State or Federal official or agency, or by any receiver or liquidator, or (2) the filing of a petition under any State or Federal statute relative to bankruptcy or reorganization of the Insured, or assignment for the benefit of creditors of the Insured.

Premiums are earned until the effective date of termination. The Underwriter shall refund the unearned premium computed at short rates in accordance with the Underwriter's standard short rate cancellation tables if this bond is terminated by the Insured or pro rata if this bond is terminated by the Underwriter.

Upon the detection by any Insured that an employee (as defined in the Primary Bond) has committed any dishonest or fraudulent act(s) or theft, the Insured shall immediately remove such employee from a position that may enable such employee to cause the Insured to suffer a loss by any

subsequent dishonest or fraudulent act(s) or theft. The Insured, within two (2) business days of such detection, shall notify the Underwriter with full and complete particulars of the detected dishonest or fraudulent act(s) or theft.

For purposes of this section, detection occurs when any partner, officer, or supervisory employee of any Insured, who is not in collusion with such employee, becomes aware that the employee has committed any dishonest or fraudulent act(s) or theft.

This bond shall terminate as to any employee (as defined in the Primary Bond) by written notice from the Underwriter to each Insured and, if such employee is an employee of an Insured investment company registered under the Investment Company Act of 1940, to the Securities and Exchange Commission, in all cases not less than sixty (60) days prior to the effective date of termination specified in such notice.

SECTION 7. CONFORMITY

If any limitation within this bond is prohibited by any law controlling this bond’s construction, such limitation shall be deemed to be amended so as to equal the minimum period of limitation provided by such law.

SECTION 8. CHANGE OR MODIFICATION

This bond may only be modified by written Rider forming a part hereof over the signature of the Underwriter's authorized representative. Any Rider which modifies the coverage provided by Insuring Agreement A, Fidelity (or the equivalent insuring agreement) of the Primary Bond in a manner which adversely affects the rights of an Insured investment company registered under the Investment Company Act of 1940 shall not become effective until at least sixty (60) days after the Underwriter has given written notice thereof to the Securities and Exchange Commission, Washington, D.C., and to each Insured investment company registered under the Investment Company Act of 1940 affected thereby.

SECTION 9. DEDUCTIBLE AMOUNT; LIMIT OF LIABILITY

The Underwriter shall not be liable under any Insuring Agreement unless the amount of the loss covered thereunder, after deducting the net amount of all reimbursement and/or recovery received by the Insured with respect to such loss (other than from the Primary Bond or from any other bond, suretyship or insurance policy), shall exceed the applicable Deductible Amount; in such case the Underwriter shall be liable only for such excess, subject to the applicable Limit of Liability and other agreements, provisions, conditions and limitations of this bond.

The maximum liability of the Underwriter for any Single Loss covered by any Insuring Agreement under this bond shall be the Limit of Liability applicable to such Insuring Agreement, subject to the applicable Deductible Amount and the other agreements, provisions, conditions and limitations of this bond.

ICI MUTUAL INSURANCE COMPANY,
a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND
(EXCESS BOND)

RIDER NO. 1


INSURED		BOND NUMBER
John Hancock Funds		87142109B
EFFECTIVE DATE	BOND PERIOD	AUTHORIZED REPRESENTATIVE
July 15, 2009	July 15, 2009 to July 15, 2010	/S/ Maggie Sullivan

Most property and casualty insurers, including ICI Mutual Insurance Company, a Risk Retention Group (“ICI Mutual”), are subject to the requirements of the Terrorism Risk Insurance Act of 2002, as amended (the “Act”). The Act establishes a Federal insurance backstop under which ICI Mutual and these other insurers will be partially reimbursed for future “insured losses” resulting from certified “acts of terrorism.” (Each of these bolded terms is defined by the Act.) The Act also places certain disclosure and other obligations on ICI Mutual and these other insurers.

Pursuant to the Act, any future losses to ICI Mutual caused by certified “acts of terrorism” will be partially reimbursed by the United States government under a formula established by the Act. Under this formula, the United States government will reimburse ICI Mutual for 90% of ICI Mutual’s “insured losses” in excess of a statutorily established deductible until total insured losses of all participating insurers reach $100 billion. If total “insured losses” of all property and casualty insurers reach $100 billion during any applicable period, the Act provides that the insurers will not be liable under their policies for their portions of such losses that exceed such amount. Amounts otherwise payable under this bond may be reduced as a result.

Coverage under this bond remains subject to all applicable terms, conditions and limitations of the bond (including exclusions) that are permissible under the Act. The portion of the premium that is attributable to any coverage potentially available under the bond for “acts of terrorism” is one percent (1%).

RX53.0-01 (7/06)

John Hancock Bank & Thrift Opportunity Fund		John Hancock Patriot Premium Dividend Fund II
John Hancock Bond Trust		John Hancock Preferred Income Fund
John Hancock California Tax-Free Income Fund		John Hancock Preferred Income Fund II
John Hancock Capital Series		John Hancock Preferred Income Fund III
John Hancock Current Interest		John Hancock Series Trust
John Hancock Equity Trust		John Hancock Sovereign Bond Fund
John Hancock Funds III		John Hancock Strategic Series
John Hancock Income Securities Trust		John Hancock Tax-Exempt Series Fund
John Hancock Investment Trust		John Hancock World Fund
John Hancock Investment Trust II		John Hancock Tax-Advantaged Dividend Income
John Hancock Investment Trust III		Fund
John Hancock Investors Trust		John Hancock Tax-Advantaged Global
John Hancock Municipal Securities Trust		Shareholder Yield Fund

(Collectively referred to as the “Trusts”)

Ratification of Fidelity Bond

On motion duly made and seconded, the following resolutions ratifying actions taken by the Trusts’ officers were approved first by the Trustees of each Trust who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended (the “1940 Act”)) of the Trust (the “Independent Trustees”), and then by all the Trustees:

WHEREAS, Rule 17g-1 under the 1940 Act governs the required bonding of the Trusts’ officers and employees under a joint fidelity bond (the “Bond”);

WHEREAS, the Trustees desire to ratify actions taken by the Trusts’ officers on behalf of the Trusts with respect to the continuation of the Bond for a one-year term ending July 15, 2010; and

WHEREAS, the Trustees of the Trusts have considered the allocation of premiums for the Bond among the Trusts and other registered investment companies managed by John Hancock Investment Management Services, LLC, consisting of John Hancock Funds II and John Hancock Trust (collectively with the Trusts, the “John Hancock Trusts”), and have determined that the allocation should be based on the premium of $98,356; it is

RESOLVED, that the continuation of the current Bond issued by Chubb Group of Insurance Companies and ICI Mutual Insurance Company, covering each officer and employee of John Hancock Trusts against larceny and embezzlement, in the amount of $30 million for a one-year term ending July 15, 2010, and in the proposed form presented at this meeting, after consideration of all factors deemed relevant by the Board, including, but not limited to: (i) the expected value of the aggregate assets of the John Hancock Trusts to which any officer or employee of such Trusts may have access; (ii) the type and terms of the arrangements made for the custody and safekeeping of such assets; and (iii) the nature of the securities in the John Hancock Trusts’ portfolios, be, and it hereby is, ratified and approved;

FURTHER RESOLVED, that the portion of the premium for the Bond to be paid by each Trust, in substantially the form presented at this Meeting, after consideration of all factors deemed relevant by the Board, including, but not limited to: (i) the number of the

other parties named as insureds; (ii) the nature of the business activities of such other parties; (iii) the amount of the Bond; (iv) the amount of the premium for such Bond; (v) the ratable allocation of the premium among all parties named as insureds; and (vi) the extent to which the share of the premium allocated to the Trust is less than the premium such Trust would have had to pay if it had provided and maintained a single insured bond, be, and it hereby is, ratified and approved; and

FURTHER RESOLVED, that the appropriate officers of the Trusts be, and each hereby is, authorized to increase the amount of the Bond coverage from time to time to ensure adequate coverage based upon the value of the Trusts’ assets and to enable the Trusts to remain in compliance with the 1940 Act and the rules promulgated thereunder;

FURTHER RESOLVED, that the continuation of the Joint Insured Bond Agreement among the Trusts (the “Bond Agreement”), in substantially the form presented at this Meeting, providing in substance that, in the event any recovery is received under the Bond as a result of a loss sustained by the Trusts and any one or more other named insureds, the Trusts shall receive an equitable and proportionate share of the recovery, but in no event less than the amount it would have received had it provided and maintained a single bond with the minimum coverage required by paragraph (d)(1) of Rule 17g-1 under the 1940 Act, be, and it hereby is, ratified and approved;

FURTHER RESOLVED, that the Secretary of the Trusts or his delegate be, and each hereby is, authorized to make all necessary filings and give all notices and information with respect to such Bond and the Bond Agreement required by paragraph (g) of Rule 17g-1 under the 1940 Act; and

FURTHER RESOLVED, that the appropriate officers of the Trusts be, and each hereby is, authorized to make any and all payments and to do any and all such further acts, in the name of the Trusts and on its behalf, as they, or any of them, may determine to be necessary or desirable and proper, with the advice of counsel, in connection with or in furtherance of the foregoing resolutions.

It is hereby agreed among the undersigned parties, named insured under Fidelity Bond Insurance provided by Chubb Group of Insurance Companies renewed on July 15, 2009, and ICI Mutual Insurance Company renewed on July 15, 2009 that in the event recovery is received as a result of a loss sustained by any one of the undersigned registered management investment companies and one or more of the other named insured under the said bonds, the said registered management investment company shall receive an equitable and proportionate share of the recovery, but at least equal to the amount which it would have received had it provided and maintained a single insured bond with the minimum coverage required under the provisions of paragraph (f)(1) of Rule 17g-1 under Section 17(g) of the Investment Company Act of 1940.

IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed by their duly authorized officer on July 15, 2009.


John Hancock Bank and Thrift Opportunity		John Hancock Bond Trust
Fund

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

John Hancock California Tax-Free Income		John Hancock Capital Series
Fund

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

John Hancock Current Interest		John Hancock Equity Trust

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

John Hancock Funds II		John Hancock Funds III

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary


John Hancock Income Securities Trust		John Hancock Investment Trust

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

John Hancock Investment Trust II		John Hancock Investment Trust III

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

John Hancock Investors Trust		John Hancock Municipal Securities Trust

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

John Hancock Patriot Premium Dividend Fund		John Hancock Preferred Income Fund
II

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

John Hancock Preferred Income Fund II		John Hancock Preferred Income Fund III

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

John Hancock Series Trust		John Hancock Sovereign Bond Fund

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary


John Hancock Strategic Series		John Hancock Tax-Advantaged Dividend
		Income Fund

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

Tax-Advantaged Global Shareholder Yield		John Hancock Tax-Exempt Series Fund
Fund

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary

John Hancock Trust		John Hancock World Fund

By:	/s/ David D. Barr	By:	/s/ David D. Barr
	Assistant Secretary		Assistant Secretary