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G.T. GLOBAL: AMERICA VALUE FUND
G.T. GLOBAL: AMERICA
SMALL CAP GROWTH FUND
SUPPLEMENT TO PROSPECTUS DATED OCTOBER 18, 1995.
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THE FOLLOWING REVISES THE DISCUSSION UNDER "HOW TO INVEST."
EFFECTIVE DECEMBER 18, 1995, ALL CLASS A SHARES PURCHASED AFTER THAT DATE
PURSUANT TO A SALES CHARGE WAIVER BASED ON THE AGGREGATE PURCHASE AMOUNT
EQUALLING AT LEAST $500,000 WILL BE SUBJECT TO A CONTINGENT DEFERRED SALES
CHARGE FOR ONLY THE FIRST YEAR AFTER THEIR PURCHASE.
AMESU512008MC DECEMBER 18, 1995