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G.T. GLOBAL GROWTH FUNDS:
ADVISOR CLASS
SUPPLEMENT TO PROSPECTUS DATED
MARCH 1, 1995, AS REVISED JUNE 1, 1995
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The following revisions have been made relating to (1) the eligibility
requirements for investing in Advisor Class shares of each of the G.T. Global
Growth Funds, and (2) involuntary redemption of such shares.
On page 3, under "Prospectus Summary -- Advisor Class Shares," and on page 23,
under "How to Invest -- General," section (b) is amended to read "any account
with assets of at least $25,000 if (i) a financial planner, trust company, bank
trust department or registered investment adviser has investment discretion over
such account, and (ii) the account holder pays such person as compensation for
its advice and other services an annual fee of at least .50% on the assets in
the account;" and section (c) is amended to read "any account with assets of at
least $25,000 if (i) such account is established under a 'wrap fee' program and
(ii) the account holder pays the sponsor of such program an annual fee of at
least .50% on the assets in the account." The other eligible groups described
under sections (a), (d) and (e) in that paragraph remain unchanged.
The following information should be inserted at the end of the first paragraph
in the section of the Funds' Prospectus entitled "How To Invest" on page 24:
"Investors may be charged a fee by their brokers or agents if they effect
transactions other than through a dealer."
The minimum initial investment for each Fund is $500. Subsequent purchase
minimum is $100. On page 26, under paragraph four of the heading "Other
Important Redemption Information," the Funds and G.T. Global Financial Services,
Inc. each reserves the right to redeem the shares of any investor whose
investment is reduced, by reason of redemptions, to less than $500 in the Fund.
Under "Other Information -- Confirmations and Reports to Shareholders," on page
36, the following information should be inserted immediately prior to the last
sentence of the paragraph: "Under certain circumstances, duplicate mailings of
such reports to the same household may be consolidated."
Under "Other Information -- Custodian and Accounting Agent," it should be noted
that effective July 1, 1995, G.T. Capital serves as each Fund's pricing and
accounting agent. The monthly fee for these services to G.T. Capital is a
percentage, not to exceed 0.03% annually, of the Fund's average daily net
assets. The annual fee rate is derived by applying 0.03% to the first $5 billion
of assets of all registered mutual funds advised by G.T. Capital ("G.T. Funds")
and 0.02% to the assets in excess of $5 billion and dividing the result by the
aggregate assets of the G.T. Funds.
On the Advisor Class Account Application, under the heading "Fund Selection,"
the minimum initial investment has been changed to $500 per Fund.
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The following information supersedes and replaces the description of the Funds'
portfolio management team contained in the section of the Funds' Prospectus on
page 30 entitled "Management":
"The investment professionals primarily responsible for the portfolio management
of the Fund are as follows:
PACIFIC FUND
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RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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Lawrence Yip Portfolio Manager Portfolio Manager for G.T. Capital and G.T. Management (Asia) Ltd.
Hong Kong since 1993
Charles Wall Portfolio Manager Portfolio Manager for G.T. Management (Australia) Ltd. and G.T.
Sydney since 1995 Capital since 1992. Prior thereto, Mr. Wall was a Portfolio Manager
for Baring Securities (Sydney).
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EUROPE FUND
RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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Anna Powell Portfolio Manager Portfolio Manager for G.T. Management PLC (London) and G.T. Capital
London since 1995 since 1995; From 1989 to 1995, Ms. Powell was a Portfolio Manager
for Robert Fleming & Co., Ltd. (London).
Roger Yates Portfolio Manager Portfolio Manager for G.T. Management PLC (London) and G.T. Capital
London since 1994 since 1994. Prior thereto, Mr. Yates was an Investment Manager for
Morgan Grenfell Asset Management.
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AMERICA FUND
RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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Kevin L. Wenck Portfolio Manager Portfolio Manager for G.T. Capital since 1991. Prior thereto, Mr.
San Francisco since 1991 Wenck was a Portfolio Manager for Matuschka & Co. (Greenwich, CT).
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INTERNATIONAL FUND
RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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F. Christian Wignall Portfolio Manager Chief Investment Officer -- Global Equities for G.T. Capital.
San Francisco since 1987
Michael Lindsell Portfolio Manager Chief Investment Officer -- Japan for G.T. Management (Japan) Ltd. as
Tokyo since 1992 well as Portfolio Manager for G.T. Capital since 1992. Prior
thereto, Mr. Lindsell was a Director of Warburg Asset Management
(Tokyo).
Serge Selfslagh Portfolio Manager Portfolio Manager for G.T. Management PLC (London) and G.T. Capital
London since 1993 since 1993. Prior thereto, Mr. Selfslagh was a Portfolio Manager for
Schroeder Investment Management (London) and its U.S. affiliate,
SCMI.
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WORLDWIDE FUND
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RESPONSIBILITIES
FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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F. Christian Wignall Portfolio Manager Chief Investment Officer -- Global Equities for G.T.
San Francisco since 1987 Capital.
Soraya M. Betterton Portfolio Manager Portfolio Manager for G.T. Capital.
San Francisco since 1989
Serge Selfslagh Portfolio Manager Portfolio Manager for G.T. Management PLC (London) and
London since 1993 G.T. Capital since 1993. Prior thereto, Mr. Selfslagh
was a Portfolio Manager for Schroeder Investment
Management (London) and its U.S. affiliate, SCMI.
Michael Lindsell Portfolio Manager Chief Investment Officer -- Japan for G.T. Management
Tokyo since 1992 (Japan) Ltd. as well as Portfolio Manager for G.T.
Capital since 1992. Prior thereto, Mr. Lindsell was a
Director of Warburg Asset Management (Tokyo).
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JAPAN FUND
RESPONSIBILITIES
FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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Michael Lindsell Portfolio Manager Chief Investment Officer -- Japan for G.T. Management
Tokyo since 1992 (Japan) Ltd. as well as Portfolio Manager for G.T.
Capital since 1992. Prior thereto, Mr. Lindsell was a
Director of Warburg Asset Management (Tokyo)."
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EQUSX51020MC October 20, 1995
