MERRILL LYNCH GLOBAL HOLDINGS, 497, 1994-06-27

MERRILL LYNCH GLOBAL HOLDINGS
497, 1994-06-27

Previous: NEW YORK DAILY TAX FREE INCOME FUND INC, NSAR-B, 1994-06-27

Next: IDS INTERNATIONAL FUND INC, NSAR-A, 1994-06-27



<PAGE>
 
                         MERRILL LYNCH GLOBAL HOLDINGS
 
       SUPPLEMENT DATED JUNE 27, 1994 TO PROSPECTUS DATED MARCH 30, 1994
 
 
  EFFECTIVE IMMEDIATELY, PETER A. LEHMAN HAS ASSUMED THE DUTIES OF INTERIM
PORTFOLIO MANAGER OF THE COMPANY AND IS RESPONSIBLE FOR THE DAY-TO-DAY
MANAGEMENT OF THE COMPANY'S PORTFOLIO. MR. LEHMAN HAS BEEN A PORTFOLIO MANAGER
FOR GLOBAL NATURAL RESOURCES FUNDS MANAGED BY THE INVESTMENT ADVISER SINCE 1994
AND WAS A SENIOR FUND ANALYST OF THE COMPANY FROM 1992 UNTIL 1994. PRIOR
THERETO, MR. LEHMAN WAS A GLOBAL EQUITY AND NATURAL RESOURCES PORTFOLIO MANAGER
AND BASIC INDUSTRY ANALYST FOR THE PRUDENTIAL INSURANCE COMPANY.
 
Code #10244ALL