PLEASE FILE THIS PROSPECTUS SUPPLEMENT WITH YOUR RECORDS.
STRONG GROWTH AND INCOME FUNDS
INVESTOR CLASS
STRONG AMERICAN UTILITIES FUND
STRONG ASSET ALLOCATION FUND
STRONG BLUE CHIP 100 FUND
STRONG EQUITY INCOME FUND
STRONG GROWTH AND INCOME FUND
STRONG LIMITED RESOURCES FUND
Supplement to the Prospectus dated May 1, 2000
STRONG ASSET ALLOCATION FUND
On May 5, 2000, the Board of Directors of the Strong Asset Allocation Fund,
Inc. approved a change in the name of the Fund. Therefore, effective June 23,
2000, the name of the Fund will be the Strong Balanced Fund, Inc. Strong
Capital Management, Inc., the Fund's investment advisor, anticipates that the
name change will not result in any material change to the Fund's portfolio
composition or in the manner in which the Fund is managed.
This Prospectus Supplement is dated May 23, 2000.
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