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GT GLOBAL EQUITY FUNDS: ADVISOR CLASS
SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1997
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THE FOLLOWING REVISES AND SUPERSEDES, AS APPLICABLE, THE DISCUSSION UNDER
"MANAGEMENT" WITH RESPECT TO GT GLOBAL AMERICA MID CAP GROWTH FUND ("AMERICA MID
CAP FUND"):
Brent W. Clum is the Portfolio Manager for the America Mid Cap Fund. Mr. Clum
has been a Portfolio Manager for Chancellor LGT Asset Management, Inc. (the
"Manager") since 1997. From 1995 to 1997, Mr. Clum was a Senior Equity Research
Analyst for the Manager. Prior thereto, Mr. Clum was a Vice President and
Analyst at T. Rowe Price from 1990 to 1995. Mr. Clum is a Chartered Financial
Analyst and a Certified Public Accountant.
On October 31, 1996, Chancellor Capital Management, Inc. ("Chancellor Capital")
merged with LGT Asset Management, Inc. (San Francisco), and the resulting entity
was renamed Chancellor LGT Asset Management, Inc. Prior to October 31, 1996, Mr.
Clum was an employee only of Chancellor Capital.
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EQUSX801M January 20, 1998
