COLONIAL SMALL CAP VALUE FUND
COLONIAL U.S. STOCK FUND
COLONIAL GLOBAL UTILITIES FUND
COLONIAL INTERNATIONAL FUND FOR GROWTH
COLONIAL STRATEGIC BALANCED FUND
COLONIAL NEWPORT TIGER FUND
COLONIAL NEWPORT JAPAN FUND
COLONIAL NEWPORT TIGER CUB FUND
Supplement to Statements of Additional Information
Recently, the Funds' Trustees approved a name change for each Fund's Class D
shares and eliminated the Class D share initial sales charge. Each Fund's "Class
D" shares have been renamed "Class C" shares and any reference in each Fund's
Prospectus and Statement of Additional Information to "Class D" shares is now a
reference to "Class C" shares. Class C shares are described in each Fund's
Prospectus Supplement dated July 1, 1997.
D-39/877D-0797 July 10, 1997
<PAGE>