PLEASE FILE THIS PROSPECTUS SUPPLEMENT WITH YOUR RECORDS.
STRONG CONSERVATIVE PORTFOLIO
STRONG MODERATE PORTFOLIO
STRONG AGGRESSIVE PORTFOLIO
Supplement to the Prospectus dated November 30, 1999
Effective January 1, 2000, the following table replaces the Annual Fund
Operating Expenses table found on page 8 of the Funds' prospectus:
ANNUAL FUND OPERATING EXPENSES*
(as a percent of average net assets)
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
FEE
UNDERLYING TOTAL ANNUAL WAIVERS NET
MANAGEMENT OTHER FUND OPERATING AND/OR FUND
FUND FEE EXPENSES EXPENSES** EXPENSES ABSORPTIONS*** EXPENSES
- -------------------------- ----------- -------- -------------------------- ------------ -------------------------- --------
Conservative NONE 0.82% 0.95% 1.77% 0.57% 1.20%
Moderate NONE 0.82% 1.04% 1.86% 0.57% 1.29%
Aggressive NONE 0.82% 1.12% 1.94% 0.57% 1.37%
</TABLE>
* THE EXPENSES ASSOCIATED WITH INVESTING IN A "FUND OF FUNDS," SUCH AS THE
CONSERVATIVE, MODERATE, AND AGGRESSIVE PORTFOLIOS, ARE GENERALLY HIGHER THAN
THOSE OF MUTUAL FUNDS THAT DO NOT INVEST PRIMARILY IN OTHER MUTUAL FUNDS. THIS
IS BECAUSE SHAREHOLDERS IN A FUND OF FUNDS INDIRECTLY PAY A PORTION OF THE FEES
AND EXPENSES CHARGED AT THE UNDERLYING FUND LEVEL.
** UNDERLYING FUND EXPENSES DO NOT REFLECT OUR WAIVER OF MANAGEMENT FEES AND/OR
ABSORPTIONS. WITH WAIVERS AND ABSORPTIONS FOR THE HERITAGE MONEY FUND, THE
UNDERLYING FUND EXPENSES FOR THE CONSERVATIVE, MODERATE, AND AGGRESSIVE
PORTFOLIOS ARE 0.93%, 1.02%, AND 1.11%, RESPECTIVELY. WE CAN TERMINATE THIS
WAIVER AND ABSORPTION AT ANY TIME.
*** WE HAVE CONTRACTUALLY AGREED TO WAIVE OUR ADMINISTRATIVE FEES AND/OR ABSORB
EXPENSES FOR THE FUNDS UNTIL JANUARY 1, 2001 TO KEEP OTHER EXPENSES AT NO MORE
THAN 0.25%.
The date of this Prospectus Supplement is January 1, 2000.
1
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