JNL VARIABLE FUND LLC
497, 1999-08-27
Previous: SPECTRASITE HOLDINGS INC, 10-Q, 1999-08-27
Next: E TRADE FUNDS, N-30D, 1999-08-27



                 SUPPLEMENT TO THE PROSPECTUS DATED JULY 6, 1999
                                       FOR
            JACKSON NATIONAL LIFE DEFINED STRATEGIES VARIABLE ANNUITY


On page 7 of the  prospectus  for the Jackson  National Life Defined  Strategies
Variable  Annuity  under the heading  "Investment  Portfolios,"  the  disclosure
regarding  the  JNL/First  Trust Target 25 Series has been amended to delete the
phrase "in approximately equal amounts."

On page 9 of the  prospectus  for the JNL  Variable  Fund LLC under the  heading
"JNL/First  Trust  Target  Small-Cap  Series"  and  the  sub-heading  "Principal
Investment Strategies," the first sentence has been amended to delete the phrase
"in approximately equal amounts."

On page 10 of the  prospectus  for the JNL  Variable  Fund LLC under the heading
"JNL/First  Trust  Target  Small-Cap  Series"  and the  sub-heading  "Additional
Information  About the Principal  Investment  Strategies of the Target Small-Cap
Series," the seventh bullet point has been amended to read as follows:

o    the sub-adviser  will purchase the selected 40 common stocks for the Target
     Small-Cap Series based on relative market capitalization;





This Supplement is dated August 30, 1999.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission