Acacia Capital Corporation
CALVERT RESPONSIBLY INVESTED
CAPITAL ACCUMULATION PORTFOLIO
Prospectus dated April 30, 1997
Date of Supplement: December 10, 1997
Effective January 1, 1998, Acacia Capital Corporation will be renamed
Calvert Variable Series, Inc. and its Calvert Responsibly Invested Capital
Accumulation Portfolio will be renamed Calvert Social Mid-Cap Growth Portfolio.
All references in the prospectus to the Acacia Capital Corporation and Calvert
Responsibly Invested Capital Accumulation Portfolio should be changed to
reflect the new names.
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Acacia Capital Corporation
CALVERT RESPONSIBLY INVESTED
MONEY MARKET PORTFOLIO
Prospectus dated April 30, 1997
Date of Supplement: December 10, 1997
Effective January 1, 1998, Acacia Capital Corporation will be renamed
Calvert Variable Series, Inc. and its Calvert Responsibly Invested Money Market
Portfolio will be renamed Calvert Social Money Market Portfolio. All references
in the prospectus to the Acacia Capital Corporation and Calvert Responsibly
Invested Money Market Portfolio should be changed to reflect the new names.
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Acacia Capital Corporation
CALVERT RESPONSIBLY INVESTED
GLOBAL EQUITY PORTFOLIO
Prospectus dated April 30, 1997
Date of Supplement: December 10, 1997
Effective January 1, 1998, Acacia Capital Corporation will be renamed
Calvert Variable Series, Inc. and its Calvert Responsibly Invested Global
Equity Portfolio will be renamed Calvert Social International Equity Portfolio.
All references in the prospectus to the Acacia Capital Corporation and Calvert
Responsibly Invested Global Equity Portfolio should be changed to reflect the
new names.
In addition, please replace the first sentence of the fourth paragraph
under the section Investment Objective And Policies on page 46 of the
Prospectus with the following:
Under normal circumstances, Calvert Social International Equity
Portfolio will invest at least 65% of its assets in the securities of issuers
in no less than three countries, other than the USA.
Also, after the last sentence of the fourth paragraph under the
section Investment Objective And Policies on page 46 of the Prospectus add the
following language:
As an operating policy, the Portfolio will limit its investment in
securities of U.S. issuers, to 5% of the its net assets.
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Acacia Capital Corporation
CALVERT RESPONSIBLY INVESTED
BALANCED PORTFOLIO
Prospectus dated April 30, 1997
Date of Supplement: December 10, 1997
Effective January 1, 1998, Acacia Capital Corporation will be renamed Calvert
Variable Series, Inc. and its Calvert Responsibly Invested Balanced Portfolio
will be renamed Calvert Social Balanced Portfolio. All references in the
prospectus to the Acacia Capital Corporation and Calvert Responsibly Invested
Balanced Portfolio should be changed to reflect the new names.
