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GT GLOBAL DOLLAR FUND
SUPPLEMENT TO PROSPECTUS DATED APRIL 29, 1996, AS REVISED OCTOBER 31, 1996
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THE FOLLOWING REVISES AND SUPERSEDES THE DISCUSSION UNDER "MANAGEMENT":
John W. Geissinger will be named a Portfolio Manager for GT Global Dollar Fund
("Dollar Fund") on January 2, 1997. Mr. Geissinger has been a Senior Portfolio
Manager and Head of the Investment Grade Fixed Income Group for Chancellor LGT
Asset Management, Inc. (the "Manager") since 1993. Prior thereto, Mr. Geissinger
was a Portfolio Manager at the Putnam Companies from 1987 until 1993. Heidi Koch
will be named the other Portfolio Manager for the Dollar Fund on January 2,
1997. Ms. Koch has been a Portfolio Manager for the Manager since 1991.
On October 31, 1996, Chancellor Capital Management, Inc. ("Chancellor Capital")
merged with LGT Asset Management, Inc., and the resulting entity was renamed
Chancellor LGT Asset Management, Inc. Prior to October 31, 1996, Mr. Geissinger
and Ms. Koch were employees only of Chancellor Capital.
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DOLST612000.5M December 20, 1996
