Supplement dated May 12, 1997 to GIT Equity Trust
Prospectus and Statement of Additional Information dated
July 31, 1996
On May 12, 1997, the GIT Investment Funds family of mutual
funds changed its name to Mosaic Funds. Accordingly,
GIT Equity Trust was renamed Mosaic Equity Trust, the Select
Growth Portfolio was renamed Mosaic Investors Fund, the
Special Growth Portfolio was renamed Mosaic Mid-Cap Growth
Fund, the Equity Income Portfolio was renamed Mosaic Equity
Income Fund and the Worldwide Growth Portfolio was renamed
Mosaic Worldwide Growth Fund.