CONNECTICUT MUTUAL FINANCIAL SERVICES SERIES FUND I, INC.
SUPPLEMENT DATED SEPTEMBER 13, 1995
TO PROSPECTUSES DATED MAY 1, 1995 AND SEPTEMBER 1, 1995
This supplement should be read in conjunction with the prospectuses for
Connecticut Mutual Financial Services Series Fund I, Inc. (the "Fund"), copies
of which can be obtained by contacting the above-referenced service center.
G. R. Phelps & Co., Inc. (the "Adviser"), which is a wholly-owned subsidiary
of Connecticut Mutual Life Insurance Company ("CML"), serves as investment
adviser to the Fund. The Boards of Directors of CML and Massachusetts Mutual
Life Insurance Company ("MassMutual") have approved a plan of merger pursuant
to which CML would merge with and into MassMutual. The merger agreement was
signed on September 13, 1995. If the merger is consummated, the Adviser will
become a wholly-owned subsidiary of MassMutual. The merger is expected to be
consummated on or about December 31, 1995, subject to the approval of certain
policy holders and insureds of CML and MassMutual and applicable regulatory
authorities. As a result of the merger, MassMutual, would become the nation's
fifth largest mutual life insurance company with a strong capital position, a
diverse product portfolio and a competitive cost structure.
Consummation of the merger may result in an assignment, and consequently a
termination, of the existing investment management agreement between the
Adviser and the Fund. Accordingly, Fund shareholders will be asked to vote on
a new investment management agreement with the Adviser to become effective at
or about the time the transaction is completed.
Further details will be included in proxy materials to be furnished to Fund
shareholders in connection with a meeting of shareholders expected to be held
later this year.