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[LOGO]
G.T. GLOBAL GROWTH FUNDS
SUPPLEMENT TO PROSPECTUS DATED
MARCH 1, 1995
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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 37 entitled "Management":
"The investment professionals primarily responsible for the portfolio management
of the Funds are as follows:
PACIFIC FUND
<TABLE>
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RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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<S> <C> <C>
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).
EUROPE FUND
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RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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<S> <C> <C>
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.
AMERICA FUND
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RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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<S> <C> <C>
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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WORLDWIDE FUND
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RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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<S> <C> <C>
F. Christian Wignall Portfolio Manager Chief Investment Officer -- Global Equities for G.T. Capital.
San Francisco since 1987
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 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.
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).
JAPAN FUND
<CAPTION>
RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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<S> <C> <C>
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).
INTERNATIONAL FUND
<CAPTION>
RESPONSIBILITIES FOR BUSINESS EXPERIENCE
NAME/OFFICE THE FUND LAST FIVE YEARS
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<S> <C> <C>
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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On page 43, under "Other Information -- Confirmations and Reports to
Shareholders," 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."
The following revisions have been made relating to the eligibility requirements
for investing in Advisor Class shares of each of the G.T. Global Growth Funds.
On page 19, under "Alternative Purchase Plan -- Advisor Class Shares," section
(b) is amended to read "any account with assets of at least $25,000 if (i) a
financial planner, trust company... ," 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... ." The rest of the qualifications in (b) and (c) and the
other eligible groups described under sections (a), (d) and (e) in that
paragraph remain unchanged.
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.
EQUSU51075MC October 20, 1995
