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CIGNA FUNDS GROUP
SUPPLEMENT DATED July 28, 2000
To the Prospectus dated May 1, 2000
The following modifies the disclosure regarding the portfolio managers of the
Charter Large Company Stock Value Fund that appears under the caption "Portfolio
Managers".
Daniel M. Theriault has replaced Jeffrey A. Kigner as co-portfolio manager of
the Charter Large Company Stock Value Fund. The investment portfolio of the Fund
is managed by Mr. Theriault, together with John A. Levin, who continues to serve
as a portfolio manager of the Fund. Mr. Theriault is a senior portfolio manager
of John A. Levin & Co., Inc. and has served in that capacity since 1997. From
1995 to 1997, Mr. Theriault was employed by T. Rowe Price Associates and served
as President and portfolio manager of T. Rowe Price Financial Services Fund.
From 1994 to 1995, he was employed as a securities analyst by the predecessor of
John A. Levin & Co., Inc.
