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[State Street Research logo]
For
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Supplement No. 1 February 1, 1999 State Street Research Capital Fund
dated May 1, 1999 to State Street Research Emerging Growth Fund
Prospectus dated
March 1, 1999 State Street Research Government Income Fund
November 27, 1998 State Street Research IntelliQuant Portfolios:
Small-Cap Value
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Supplement No. 2 August 1, 1998 State Street Research High Income Fund
dated May 1, 1999 to State Street Research Managed Assets
Prospectus dated State Street Research Money Market Fund
September 1, 1998 State Street Research Strategic Income Fund
State Street Research Legacy Fund
State Street Research Galileo Fund
November 1, 1998 State Street Research Alpha Fund
State Street Research Global Resources Fund
State Street Research Athletes Fund
November 1, 1998, State Street Research Argo Fund
as Supplemented
February 1, 1999
March 1, 1999 State Street Research International Equity Fund
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Supplement No. 2 dated February 1, 1999 State Street Research Aurora Fund
May 1, 1999 (supplanting
Supplement No. 1 dated
February 1, 1999) to
Prospectus dated
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Policies for Buying Shares
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Until December 31, 1999, the minimum initial investment for Individual
Retirement Accounts ("IRAs") is $500. This minimum may be changed by the
Distributor without further notice. Accordingly, the Prospectus sections
"Policies for Buying Shares - Minimum Initial Investments" and "- Minimum
Additional Investments" are revised as follows:
For all funds (except State Street Research Athletes Fund)
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Minimum Initial Investments: Minimum Additional Investments:
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o $1,000 for accounts that use the o $50 for any account
Investamatic program(a)
o $2,000 for Individual Retirement (a) Except $500 during special promotional periods.
Accounts(a)
o $2,500 for all other accounts
For State Street Research Athletes Fund
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Minimum Initial Investments: Minimum Additional Investments:
o $10,000 for accounts that use the o $50 for any account
Investamatic program(b)
o $1,000 for Individual Retirement
Accounts(b) (b) Except $500 during special promotional periods.
o $25,000 for all other accounts
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