WELLS FARGO VARIABLE TRUST
Corporate Bond Fund
Supplement dated July 31, 2000 to the
Prospectus dated May 1, 2000
Effective July 31, 2000, Jeffrey L. Weaver, CFA, is responsible as the
sole portfolio manager for the day-to-day management of the Corporate
Bond Fund. Mr. Weaver joined Wells Fargo Bank/Wells Capital Management
Incorporated ("WCM") in 1994 as a portfolio manager for taxable
short-duration fixed income portfolios. Prior to joining WCM, Mr.
Weaver was a short-term fixed income securities trader and portfolio
manager with Bankers Trust Company in New York. He has over nine years
of investment management experience. He earned his BA in Economics from
the University of Colorado, Boulder, and is a Chartered Financial
Analyst. Mr. Weaver is a member of the Association for Investment
Management and Research (AIMR) and the Security Analysts of San
Francisco.
