-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C3Fcy67O9RX21+AQqU9F+4uni7ouxqdJbta7P1ygLYjUdedXwKJ1vjEedmpMUH1L hzCv95FiTLCljquyE+t2vQ== 0001337491-06-000001.txt : 20060208 0001337491-06-000001.hdr.sgml : 20060208 20060207184430 ACCESSION NUMBER: 0001337491-06-000001 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060208 DATE AS OF CHANGE: 20060207 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JOHN HANCOCK FINANCIAL TRENDS FUNDS INC CENTRAL INDEX KEY: 0000852954 IRS NUMBER: 000000000 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-41158 FILM NUMBER: 06586681 BUSINESS ADDRESS: STREET 1: C/O JOHN HANCOCK FUNDS STREET 2: 601 CONGRESS STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-663-3000 MAIL ADDRESS: STREET 1: C/O JOHN HANCOCK FUNDS STREET 2: 601 CONGRESS STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHEASTERN THRIFT & BANK FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHEASTERN SAVINGS INSTITUTIONS FUND INC DATE OF NAME CHANGE: 19911028 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Schultz Investment Advisors, Inc. CENTRAL INDEX KEY: 0001337491 IRS NUMBER: 383174283 STATE OF INCORPORATION: MI FISCAL YEAR END: 1205 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 160 E. GRAND RIVER ROAD, SUITE B CITY: WILLIAMSTON STATE: MI ZIP: 48895 BUSINESS PHONE: 514-347-2700 MAIL ADDRESS: STREET 1: 160 E. GRAND RIVER ROAD, SUITE B CITY: WILLIAMSTON STATE: MI ZIP: 48895 SC 13D 1 jhftthird.txt SCHEDULE 13D DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT NA 1. NAME OF REPORTING PERSON Schultz Investment Advisors, Inc. 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ________________________________________________________________ 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 0 ________________________________________________________________ 10. SHARED DISPOSITIVE POWER 625,310 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 625,310 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 15.66% 14. TYPE OF REPORTING PERSON IA ___________________________________________________________ Item 1. SECURITY AND ISSUER This Schedule 13D relates to the shares of John Hancock Financial Trends Funds Inc ("JHFT").The principal executive offices of JHFT are located at 601 Congress Street, Boston, MA 02210. Item 2. IDENTITY AND BACKGROUND This statement is filed on behalf of Schultz Investment Advisors, Inc. 160 E Grand River Road, Suite B, Williamston, MI 48895. Schultz Investment Advisors, Inc. is a registered investment advisor. Scott T. Schultz is Chairman of Schultz Investment Advisors, Inc. Pursuant to a proceeding by the Securities and Exchange Commision ("SEC"), an Offer of Settlement by Schultz Investment Advisors, Inc. and Scott Schultz (together, "Schultz"), a Consent by Schultz to the entry of an Order as set forth in the Offer, and acceptance by the SEC of the Offer of Settlement, Schultz is subject to an Order, which contains findings that Schultz neither admits nor denies. Please refer to http://www.sec.gov/litigation/admin/33-8650.pdf. Mr. Schultz is a U.S. citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATIONS Schultz Investment Advisors, Inc. has accumulated shares of the Issuer on behalf of accounts that are managed by them. All funds that have been utilized to purchase such shares are from such accounts or from margin loans from broker dealers where these accounts are held. ITEM 4. PURPOSE OF TRANSACTION The filing persons own 15.66% of the issuer's outstanding shares. In light of its small size and the persistent double digit discount of its shares to their net asset value, the filing persons have concluded that it is appropriate for the issuer's board of trustees to consider alternatives designed to afford shareholders an opportunity to realize net asset value. Such alternatives would include a merger with John Hancock Regional Bank Fund, an open-end mutual fund managed by the same portfolio management team or a full liquidation. The filing persons intend to communicate with the issuer's board of trustees as soon as possible to discuss these and other alternatives. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER a. As per the semi-annual report for the period ending June 30, 2005 filed on September 6, 2005 there were 3,993,124 shares outstanding. The percentage set forth in this item (5a) was derived using such number. Schultz Investment Advisors, Inc. has the authority to dispose of 625,310 shares of JHFT or 15.66% of the outstanding shares. b. Schultz Investment Advisors, Inc. has shared dispositive power over 625,310 shares. c. During the last sixty days the following shares of common stock were purchased or sold: 12/1/2005 BUY 45017.3656 12/2/2005 BUY 50017.32 12/5/2005 BUY 25 17.2552 12/5/2005 BUY 25 17.2552 12/5/2005 BUY 25 17.2552 12/5/2005 BUY 25 17.2552 12/5/2005 BUY 25 17.2552 12/5/2005 BUY 25 17.2552 12/5/2005 BUY 50 17.255 12/8/2005 SELL 80017.12 12/12/2005 SELL 40017.08 12/12/2005 SELL 40 17.08 12/20/2005 BUY 1700 16.8358 12/28/2005 BUY 50 17.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 30 17.2483 12/28/2005 BUY 10017.2482 12/28/2005 BUY 12017.2482 12/28/2005 BUY 12517.2482 12/28/2005 BUY 12517.2482 12/28/2005 BUY 35 17.2483 12/28/2005 BUY 12517.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 45 17.2482 12/28/2005 BUY 20017.2482 12/28/2005 BUY 25 17.2484 12/28/2005 BUY 25017.2482 12/28/2005 BUY 10017.2482 12/28/2005 BUY 25 17.2484 12/28/2005 BUY 10017.2482 12/28/2005 BUY 10017.2482 12/28/2005 BUY 50017.2482 12/28/2005 BUY 52517.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 25 17.2484 12/28/2005 BUY 10017.2482 12/28/2005 BUY 10017.2482 12/28/2005 BUY 10017.2482 12/28/2005 BUY 11517.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 17517.2482 12/28/2005 BUY 25017.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 17517.2482 12/28/2005 BUY 45 17.2482 12/28/2005 BUY 14017.2482 12/28/2005 BUY 10017.2482 12/28/2005 BUY 30 17.2483 12/28/2005 BUY 55 17.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 50 17.2482 12/28/2005 BUY 17517.2482 12/28/2005 BUY 65 17.2482 12/28/2005 BUY 87 17.2482 12/28/2005 BUY 14017.2482 12/28/2005 BUY 25517.2482 12/28/2005 BUY 13517.2482 12/28/2005 BUY 16017.2482 12/28/2005 BUY 80 17.2482 12/28/2005 BUY 55 17.2482 12/28/2005 BUY 50 17.2482 12/28/2005 BUY 60 17.2482 12/28/2005 BUY 40 17.2482 12/28/2005 BUY 35017.2482 12/28/2005 BUY 17517.2482 12/28/2005 BUY 65 17.2482 12/28/2005 BUY 16517.2482 12/28/2005 BUY 40 17.2482 12/28/2005 BUY 45 17.2482 12/28/2005 BUY 60 17.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 85 17.2482 12/28/2005 BUY 25017.2482 12/28/2005 BUY 12017.2482 12/28/2005 BUY 30 17.2483 12/28/2005 BUY 12017.2482 12/28/2005 BUY 65 17.2482 12/28/2005 BUY 40 17.2482 12/28/2005 BUY 43 17.2481 12/28/2005 BUY 46 17.2483 12/28/2005 BUY 46 17.2483 12/28/2005 BUY 30 17.2483 12/28/2005 BUY 50 17.2482 12/28/2005 BUY 20017.2482 12/28/2005 BUY 17517.2482 12/28/2005 BUY 55 17.2482 12/28/2005 BUY 60 17.2482 12/28/2005 BUY 40 17.2482 12/28/2005 BUY 37517.2482 12/28/2005 BUY 11017.2482 12/28/2005 BUY 10517.2482 12/28/2005 BUY 90 17.2482 12/28/2005 BUY 10017.2482 12/28/2005 BUY 11017.2482 12/28/2005 BUY 13517.2482 12/28/2005 BUY 13517.2482 12/28/2005 BUY 10017.2482 12/28/2005 BUY 50 17.2482 12/28/2005 BUY 10017.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 10017.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 50 17.2482 12/28/2005 BUY 20017.2482 12/28/2005 BUY 72517.2482 12/28/2005 BUY 82517.2482 12/28/2005 BUY 1156 17.2482 12/28/2005 BUY 50 17.2482 12/28/2005 BUY 75 17.2483 12/28/2005 BUY 50 17.2482 12/28/2005 BUY 50 17.2482 12/28/2005 BUY 70 17.2481 12/28/2005 BUY 20017.2482 12/28/2005 BUY 40017.2482 12/28/2005 BUY 15017.2482 12/28/2005 BUY 75 17.2483 12/30/2005 BUY 75017.21 1/3/2006SELL 375 16.7344 1/3/2006SELL 2000 16.7344 1/3/2006SELL 400 16.7344 1/4/2006SELL 500 16.85 1/5/2006SELL 5900 17.1002 1/9/2006SELL 10725 17.1899 1/9/2006SELL 700 17.1899 1/11/2006 SELL 5900 17.1407 1/12/2006 SELL 2350 17.1796 1/13/2006 SELL 4500 17.1993 1/13/2006 SELL 2250 17.1993 1/13/2006 SELL 1675 17.1993 1/17/2006 SELL 93517.0386 1/17/2006 SELL 93517.0386 1/17/2006 SELL 11480 17.0386 1/18/2006 SELL 21016.91 1/18/2006 SELL 21016.91 1/18/2006 SELL 2580 16.91 1/19/2006 SELL 10517.0053 1/19/2006 SELL 10517.0053 1/19/2006 SELL 1290 17.0053 1/23/2006 SELL 50 16.6746 1/23/2006 SELL 1915 16.6745 1/23/2006 SELL 1840 16.6745 1/23/2006 SELL 2570 16.6745 1/23/2006 SELL 23425 16.6745 1/23/2006 SELL 50 16.6746 1/24/2006 SELL 1200 16.72 1/27/2006 SELL 10017.17 2/2/2006SELL 8025 16.9408 2/2/2006SELL 160 16.9408 d. Beneficiaries of accounts managed by Schultz Investment Advisors, Inc. are entitled to receive any dividends or sales proceeds. e. NA ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. 2/7/06 ___________________________ Date Scott T. Schultz ___________________________ Signature Scott T. Schultz, Chairman, Schultz Investment Advisors, Inc. ___________________________ Name/Title -----END PRIVACY-ENHANCED MESSAGE-----