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<PAGE>
Rule 497(d)
Reg. No. 333-37116
National Equity Trust
Forbes Comm Tech Index Trust Series 2
Supplement to Prospectus dated September 5, 2000
Revised deferred sales charge schedule:
DEFERRED SALES CHARGE DEDUCTION DATES: $1.75 per 1,000 per month payable on the
1st day of each month from October 1, 2000 through July 1, 2001.
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