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GT GLOBAL GROWTH FUNDS
SUPPLEMENT TO PROSPECTUS DATED MARCH 1, 1995,
AS REVISED JANUARY 5, 1996
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The following revises the discussion under "How to Invest -- Purchasing Class A
Shares":
Effective April 5, 1996, through April 11, 1996, Class A share transactions
registered in the name of a trust with an aggregate purchase amount equalling at
least $3 million purchased pursuant to the sales charge waiver based on a
minimum aggregate purchase amount will not be subject to a contingent deferred
sales charge as described under "Contingent Deferred Sales Charge -- Class A
Shares." The brokerage commission for these transactions will be calculated as
set forth in the Prospectus. However, such commission will be based on the
initial aggregate purchase amount ("Purchase Amount") and such commission will
be paid in quarterly installments provided that the Purchase Amount remains
invested in the GT Global Mutual Funds.
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EQUST60400.5MC April 5, 1996
