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SUPPLEMENT TO THE PROSPECTUSES AND
STATEMENTS OF ADDITIONAL INFORMATION OF
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KEYSTONE AMERICA KEYSTONE INTERMEDIATE TERM BOND FUND
HARTWELL EMERGING GROWTH FUND, INC. KEYSTONE LIQUID TRUST
KEYSTONE AMERICA OMEGA FUND, INC. KEYSTONE STATE TAX FREE FUND
KEYSTONE CAPITAL PRESERVATION KEYSTONE STATE TAX FREE FUND -- SERIES II
AND INCOME FUND KEYSTONE STRATEGIC DEVELOPMENT FUND
KEYSTONE FUND FOR TOTAL RETURN KEYSTONE STRATEGIC INCOME FUND
KEYSTONE FUND OF THE AMERICAS KEYSTONE TAX FREE INCOME FUND
KEYSTONE GLOBAL OPPORTUNITIES FUND KEYSTONE WORLD BOND FUND
KEYSTONE GOVERNMENT SECURITIES FUND (THE "FUND(S)")
KEYSTONE HARTWELL GROWTH FUND
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The prospectus and statement of additional information of each Fund are
hereby supplemented as follows:
The following changes relating to each Fund's Class B shares are effective
as of June 1, 1995. The changes only apply to Class B shares purchased on or
after June 1, 1995.
* Class B shares of all of the Funds, other than Keystone Capital
Preservation and Income Fund ("CPI"), purchased on or after June 1, 1995
are subject to a contingent deferred sales charge ("CDSC") if redeemed
during the 72 month period commencing with and including the month of
purchase. Each such Fund imposes, with certain exceptions, a CDSC on any
such Class B shares redeemed during the 72 month period as follows:
Redemption Timing CDSC Imposed
First twelve month period ................................... 5.00%
Second twelve month period .................................. 4.00%
Third twelve month period ................................... 3.00%
Fourth twelve month period .................................. 3.00%
Fifth twelve month period ................................... 2.00%
Sixth twelve month period ................................... 1.00%
No CDSC is imposed on amounts redeemed thereafter.
* CPI Class B shares purchased on or after June 1, 1995 are subject to a
CDSC if redeemed during the 48 month period commencing with and including
the month of purchase. CPI imposes, with certain exceptions, a CDSC on any
such Class B shares redeemed during the 48 month period as follows:
Redemption Timing CDSC Imposed
First twelve month period ................................... 3.00%
Second twelve month period .................................. 3.00%
Third twelve month period ................................... 2.00%
Fourth twelve month period .................................. 1.00%
No CDSC is imposed on amounts redeemed thereafter.
* Class B shares of all Funds, other than CPI, purchased on or after June 1,
1995 that have been outstanding for eight years from and including the
month of purchase will automatically convert to Class A shares without
imposition of a front-end sales charge or exchange fee.
* CPI Class B shares purchased on or after June 1, 1995 that have been
outstanding for six years from and including the month of purchase
will automatically convert to Class A shares without imposition of a
front-end sales charge or exchange fee.
* Class B shares of all Funds, other than CPI, purchased on or after June 1,
1995 cannot be exchanged for CPI Class B shares during the 24 month period
commencing with and including the month of purchase.
The foregoing disclosure replaces any and all prior disclosure in any Fund's
prospectus or statement of additional information that relates to the same
subject matter, and such prior disclosure is hereby deleted.
June 21, 1995 AMER_-SK
