50546 2/99
Prospectus Supplement
dated February 8, 1999 to:
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PUTNAM GLOBAL NATURAL RESOURCES FUND
Prospectus dated December 30, 1998
The second paragraph under the heading "Who manages the fund?" is
replaced with the following:
The following officer of Putnam Management has had primary
responsibility for the day-to-day management of the fund's
portfolio since the year shown below. Her experience as a
portfolio manager or investment analyst over at least the last
five years is also shown.
Business experience
Officer Year (at least 5 years)
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Dolores Snyder Bamford 1999 Employed by Putnam Management since
Senior Vice President 1992.
