Delaware Social Awareness Fund
Supplement to Prospectuses dated January 31, 2000
The following replaces the information under the section of
the Prospectus entitled "Portfolio managers" for Delaware
Social Awareness Fund.
Vantage Investment Advisors began managing the Fund in
1997. Effective as of May 1, 2000, Vantage's quantitative
portfolio management team has primary responsibility for the
day-to-day management of the Fund. Vantage's investment
team makes all recommendations and decisions regarding the
purchase and sale of individual securities.
