The Wright Managed Equity Trust
Supplement to
Prospectus of
Wright International Blue Chip Equities Fund
dated May 1, 1997
Combined Prospectus of
Wright Selected Blue Chip Equities Fund
Wright Junior Blue Chip Equities Fund
Wright Major Blue Chip Equities Fund
Wright International Blue Chip Equities Fund
dated May 1, 1997
The Wright Managed Income Trust
Supplement to
Combined Prospectus of
Wright U.S. Treasury Fund
Wright U.S. Treasury Near Term Fund
Wright Total Return Bond Fund
Wright Current Income Fund
dated May 1, 1997
Effective as of the date of this supplement, for standard shares of the above
listed Funds, the minimum initial investment described under "How to Buy Shares"
in the applicable prospectus will be reduced to $500 with respect to shares
purchased by or for an investor making an investment through an investment
adviser, financial planner, broker, or other intermediary that charges a fee for
its services and has entered into an agreement with the Fund or its Principal
Underwriter.
August 8, 1997