SunAmerica Money Market Fund
Supplement to the Prospectus dated May 1, 1998
On January 1, 1999, SunAmerica Inc., pursuant to the terms of
an agreement entered into with American International Group,
Inc. ("AIG"), merged with and into AIG, and consequently,
SunAmerica Asset Management Corp. ("SAAMCo"), which acts as
investment adviser of SunAmerica Money Market Fund (the
"Fund"), became an indirect wholly owned subsidiary of AIG. In
connection therewith, on December 30, 1998, shareholders
approved a new investment advisory and management agreement
with SAAMCo to take effect on January 1st. The new agreement
has no effect on the fees or expenses payable by the Fund or
its shareholders.
Dated: January 4, 1999
