333-00767
497(e)
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Supplement dated April 3, 1998 to Prospectus and
Statement of Additional Information dated May 6, 1997
Effective April 6, 1998, the Class A shares of the
Amerindo Technology Fund (the "Fund") are available for sale at their net asset
value, plus the applicable sales load. The minimum investment is $10,000 and the
minimum subsequent investment is $1,000 for purchases of Class A shares. The
following sales load schedule replaces, in its entirety, the schedule appearing
on page 15 of the Prospectus.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Amount of Sales Charge
Reallowed to Dealers as a
Sales Charge as a % of Percent of
Amount of Purchase Sales Charge Net Amount Invested Offering Price
Less than $50,000 4.00% 4.17% 4.00%
$50,000 - $99,999 3.50% 3.62% 3.25%
$100,000 -$149,999 2.50% 2.56% 2.25%
$150,000 or more 0 0 0
</TABLE>