Anchor Series Trust
Supplement to the Statement of Additional Information dated
April 20, 2000
The following replaces the Advisory fee schedule
information of page B-43 of the Statement of Additional
Information:
As compensation for its services, the Adviser receives from
the Trust a fee, accrued daily and payable monthly, based on the
net assets of each Portfolio at the following annual rates:
FEE RATE
PORTFOLIO (as a % of average daily
net asset value)
Money Market Portfolio .50% first $150 million
.475% next $100 million
.450% next $250 million
.425% thereafter
Government & Quality Bond Portfolio .625% first $200 million
.575% next $300 million
.50% thereafter
Growth Portfolio .75% first $250 million
.675% next $250 million
.60% thereafter
High Yield Portfolio .70% first $250 million
.575% next $250 million
.50% thereafter
Strategic Multi-Asset Portfolio 1.00% first $200 million
.875% next $300 million
.80% thereafter
Multi-Asset Portfolio 1.00% first $200 million
.875% next $300 million
.80% thereafter
Capital Appreciation Portfolio* .75% first $250 million
.725% next $250 million
.70% thereafter
Growth and Income Portfolio .70% first $100 million
.65% next $150 million
.60% next $250 million
.575% thereafter
Natural Resources Portfolio .75% net assets
* Prior to August 1, 2000, the Advisory fee for the Capital
Appreciation Portfolio was calculated at the following annual rates:
.750% on the first $100 million; .675% on the next $150 million; .625% on
the next $250 million and .600% thereafter.
The following replaces the Subadvisory fee schedule
information of pages B-45 and B-46 of the Statement of
Additional Information:
As compensation for its services, Wellington receives from
the Adviser a fee, accrued daily and payable monthly, based on the
net assets of each Portfolio at the following annual rates:
PORTFOLIO FEE RATE
(as a % of average daily net asset
value)
Money Market Portfolio .075% first $500 million
.02% over $500 million
Government and Quality
Bond Portfolio .225% first $50 million
.125% next $50 million
.10% over $100 million
Growth Portfolio .325% first $50 million
.225% next $100 million
.20% next $350 million
.15% over $500 million
High Yield Portfolio .30% first $50 million
.225% next $100 million
.175% next $350 million
.15% over $500 million
Strategic Multi-Asset
Portfolio .30% first $50 million
.20% next $100 million
.175% next $350 million
.15% over $500 million
Multi-Asset Portfolio .25% first $50 million
.175% next $100 million
.15% over $150 million
Capital Appreciation
Portfolio* .375% first $50 million
.275% next $100 million
.250% over $150 million
Growth and Income
Portfolio .325% first $50 million
.225% next $100 million
.20% next $350 million
.15% over $500 million
Natural Resources
Portfolio .35% first $50 million
.25% next $100 million
.20% next $350 million
.15% over $500 million
* Prior to August 1, 2000, the Subadvisory fee for the Capital
Appreciation Portfolio was calculated at the following annual rates:
.375% on the first $50 million; .275% on the next $100 million; .200% on
the next $350 million; and .150% thereafter
Dated: July 20, 2000
