G T GLOBAL GROWTH SERIES
497, 1995-12-18
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                            G.T. GLOBAL GROWTH FUNDS
                 SUPPLEMENT TO PROSPECTUS DATED MARCH 1, 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.

EQUSU512022MC                                                  December 18, 1995


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