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PROSPECTUS SUPPLEMENT
DATED FEBRUARY 7, 1997
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In addition to the waivers described in the Prospectus under "How To Invest --
Contingent Deferred Sales Charge Waivers," the contingent deferred sales charge
("CDSC") imposed on redemptions of certain Class A shares shall be waived until
March 15, 1997, for any shareholder who redeems shares within seven days
following a refusal by a GT Global Mutual Fund or GT Global to accept an
exchange request involving such Class A shares by such shareholder because of
the shareholder's pattern of frequent exchanges.
The following paragraph revises and supersedes, as applicable, the discussion
under "How To Invest -- Purchasing Class A Shares -- Shares Charge Waivers --
Class A Shares":
". . . (i) Trustees or other fiduciaries purchasing shares for employee benefit
plans which are sponsored by organizations that have at least 100 but less than
1,000 employees, and trustees or other fiduciaries purchasing shares for
employee benefit plans which are sponsored by organizations with collective
retirement plan assets of $500,000 or more and have less than 100 employees, and
purchases of at least $500,000 by trustees or other fiduciaries of employee
benefit plans with collective retirement plan assets of $100 million or
more. . . . "
GT GLOBAL DOLLAR FUND
PROSPECTUS DATED APRIL 29, 1996, AS REVISED OCTOBER 31, 1996
GT GLOBAL EQUITY FUNDS
PROSPECTUS DATED APRIL 29, 1996, AS REVISED OCTOBER 31, 1996
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