Conseco Fund Group
Classes A, B, C and Y Shares
Supplement Dated October 19, 2000
to the Prospectus dated April 13, 2000
as revised May 22, 2000
The following disclosure replaces the information for Thomas J. Pence, Erik J.
Voss and Nicholas B. Truitt, respectively, under the heading titled "Portfolio
managers of the Conseco Fund Group":
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<CAPTION>
FUND MANAGER WITH CCM SINCE PROFESSIONAL EXPERIENCE FUNDS
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<S> <C> <C> <C>
Maxwell E. Bublitz, 1987 o Responsible for complete o Conseco 20
CFA, FLMI oversight of Conseco Capital o Conseco
Chief Executive Management, Inc. Equity
Officer and o Has served in multiple senior o Conseco
President, Conseco positions throughout CCM including Balanced
Capital Management, research, trading, portfolio (equity
Inc. management and asset-liability portion)
management since 1987
Senior Vice o Portfolio manager of other
President, Conseco, affiliated investment companies
Inc.
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