GAMNA SERIES FUNDS, INC.
Supplement dated September 3, 1999 to the
Prospectus dated July 23, 1999
The table on page 3 under the heading "Annual Fund Operating Expenses
(expenses that are deducted from Fund assets)" should be deleted and the
following table substituted in its place:
<TABLE>
<CAPTION>
<C> <S> <S> <S> <S> <S> <S>
Total
Distribution Annual
and Service Fund
(12B-1) Other Operating Fee Net
Class of Shares Management Fee Fees Expenses Expenses Waiver Expenses
Class A . . . . . . . . . . 0.55% 0.25% 0.50% 1.30% 0.05% 1.25%
Class B . . . . . . . . . . 0.55% 1.00% 0.53% 2.08% 0.18% 1.90%
Class C . . . . . . . . . . 0.55% 1.00% 0.53% 2.08% 0.18% 1.90%
</TABLE>
The table on page 4 under the heading "IF YOU SELL YOUR SHARES:" should be
deleted and the following table substituted in its place:
<TABLE>
<CAPTION>
<C> <S> <S>
1 Year 3 Years
Class A Shares<F*> . . . . . . . . . . . . . . . $695 $949
Class B Shares<F**> . . . . . . . . . . . . . . $708 $926
Class C Shares<F**> . . . . . . . . . . . . . . $296 $597
</TABLE>
[FN]
* Assumes sales charge is deducted when shares are purchased.
** Assumes applicable deferred sales charge is deducted when shares are
sold.
The second sentence of the paragraph on page 8 titled "Rule 12b-1 Fees"
should be changed to read as follows:
The Fund has adopted Rule 12b-1 distribution plans
under which it pays annual distribution fees of up
to 0.75% of the average daily net assets
attributable to Class B and Class C Shares.
