Anchor Series Trust
Supplement to the Prospectus dated April 20, 2000
The Supplement dated June 9, 2000 is hereby revoked and
replaced with the following:
The following supplements the information with respect
to the Capital Appreciation Portfolio under the MANAGEMENT
section of the Prospectus:
On July 19, 2000, the shareholders of the Capital
Appreciation Portfolio (the Portfolio), approved an increase in
the subadvisory fee payable to Wellington Management Company,
LLP (Wellington) by SunAmerica Asset Management Corp. (SAAMCo)
and a corresponding increase in the advisory fee payable to
SAAMCo by the Portfolio. The new advisory and subadvisory fee
schedules for the Portfolio, which are effective August 1,
2000, may be found in the Trust's Statement of Additional
Information under the sections entitled "SUNAMERICA ASSET
MANAGEMENT CORP." and "WELLINGTON MANAGEMENT COMPANY,"
respectively.
Dated: July 20, 2000
