CONSECO FUND GROUP
CONSECO CONVERTIBLE SECURITIES FUND
Supplement Dated January 11, 1999 to the Prospectus
for Class A, B and C Shares dated October 1, 1998
THE FOLLOWING LANGUAGE IS ADDED TO THE SECTIONS UNDER "ALTERNATIVE PRICING
ARRANGEMENTS" WHICH ADDRESS WAIVERS OF SALES CHARGES RELATING TO CLASSES A, B
AND C (PAGES 15 AND 16):
ALTERNATIVE PRICING ARRANGEMENTS
WAIVER OF CLASS A INITIAL SALES CHARGE
O by an omnibus account established by a sponsor for tax-qualified employee
benefit plans where the sponsor provides recordkeeping services for the
plans, and has entered into an agreement with the Distributor in connection
with such account;
WAIVERS OF THE CONTINGENT DEFERRED SALES CHARGE FOR CLASS B AND CLASS C
o redemptions from an omnibus account established by a sponsor for
tax-qualified employee benefit plans where the sponsor provides recordkeeping
services for the plans, and has entered into an agreement with the
Distributor in connection with such account;
