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NEW ENGLAND ZENITH FUND
GOLDMAN SACHS MIDCAP VALUE SERIES
Supplement to the Prospectus dated April 30, 1999
THE FOLLOWING PARAGRAPH REPLACES THE SECOND PARAGRAPH UNDER "PORTFOLIO
MANAGEMENT" IN SECTION III OF THE PROSPECTUS.
Eileen Rominger is responsible for managing a team of portfolio managers (the
"Midcap Value Team"), that makes day-to-day investment decisions for Midcap
Value. Ms. Rominger joined GSAM in October 1999 as a Managing Director and
Senior Portfolio Manager. Prior to joining GSAM, Ms. Rominger worked for
Oppenheimer Capital, most recently as a senior portfolio manager.
DATED: NOVEMBER 15, 1999
VL-135-99
