THE COLONIAL FUND
COLONIAL GLOBAL EQUITY FUND
COLONIAL INTERNATIONAL HORIZONS FUND
COLONIAL STRATEGIC BALANCED FUND
COLONIAL GLOBAL UTILITIES FUND
COLONIAL SELECT VALUE FUND
COLONIAL SMALL CAP VALUE FUND
COLONIAL U.S. STOCK FUND
Supplement to Prospectuses
Effective immediately, Liberty Financial Investments, Inc. (Distributor) will
pay an additional 1% commission (total commission of 5%) to financial service
firms on sales of Class B shares of the above Funds to their clients or
customers. The commission will be made directly by the Distributor from its
assets and will not effect the expenses paid by Fund shareholders. Financial
service firms may waive receipt of all or any portion of these payments.
D-43/978E-0398 March 30, 1998