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Previous: LOU HOLLAND TRUST, N-30D, 1999-03-05 |
Next: VARIABLE ANNUITY 1 SERIES ACCOUNT, N-30D, 1999-03-05 |
333-00767
497(e)
AMERINDO TECHNOLOGY FUND
One Embarcadero 399 Park Avenue
Suite 2500 22nd Floor
San Francisco, CA 94111 New York, NY 10022
1-800-TECHFUND
- --------------------------------------------------------------------------------
Supplement to Prospectus dated March 5, 1999
The following changes to the Prospectus dated May 1, 1998 are effective
immediately:
VOLUME DISCOUNT - For Class A Shareholders Only
<TABLE>
<CAPTION>
Amount of Sales
Charge Reallowed to
Sales Charge as a % of Dealers of % of
Amount Purchase Net Amount Invested Offering Price
- --------------- ------------------------ --------------
<S> <C> <C>
less than $50,000 6.10% 5.75%
$50,000 but less than $100,000 4.71% 4.50%
$100,000 but less than $250,000 3.63% 3.50%
$250,000 but less than $500,000 2.56% 2.50%
$500,000 but less than $1,000,000 2.04% 2.00%
$1,000,000 and higher NONE NONE
</TABLE>
PURCHASE OF SHARES - Minimum Purchase
Taxable Account: $2,500 - initial purchase
$500 - subsequent purchase
IRA (and other retirment plans): $1,000 - initial purchase
$500 - subsequent purchase
815254.1
<PAGE>
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