KEYPORT ADVISOR VARIABLE ANNUITY
SUPPLEMENT DATED DECEMBER 4, 1996
TO
PROSPECTUS DATED NOVEMBER 11, 1996
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Effective on December 6, 1996 (or as soon thereafter as is practicable) the
"Colonial-Keyport U.S. Fund for Growth" Eligible Fund will change its name to
"Colonial-Keyport U.S. Stock Fund".
The first paragraph of the "Treasury Rates" section on page 29 is changed to
read:
The Treasury Rate for a Guarantee Period is the interest rate in the Treasury
Constant Maturity Series, as published by the Federal Reserve Board, for a
maturity equal to the number of years specified in "a" and "b" in Formula (1)
above. Weekly Series are published at the beginning of the following week.
For "a", Keyport uses the weekly Series first published on or after the most
recent Determination Date which occurs on or before the Reset Date for your
Guarantee Period, except that if the Reset Date is th same as the Determination
Date or the date of publication, or any date in between, Keyport instead uses
the weekly Series first published after the prior Determination Date. For
"b", Keyport uses the weekly Series first published on or after the most
recent Determination Date which occurs on or before the date of calculation
of the Market Value Adjustment Factor, except that if the date of calculation
is the same as the Determination Date or the date of publication, or any date
in between, Keyport instead uses the weekly Series first published after the
prior Determination Date. The Determination Dates are the last business day
prior to the first and fifteenth of each calendar month.
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Client Service Hotline
800-367-3653 (press 3)
Distributed by:
Keyport Financial Services Corp.
125 High Street
Boston, Massachusetts 02110
ckussf.nam
