USAA INVESTMENT TRUST
CORNERSTONE STRATEGY FUND
GROWTH STRATEGY FUND
INTERNATIONAL FUND
WORLD GROWTH FUND
EMERGING MARKETS FUND
SUPPLEMENT DATED OCTOBER 1, 1999
TO EACH FUND'S PROSPECTUS
DATED OCTOBER 1, 1999
Effective October 1, 1999, Kevin P. Moore replaced W. Travis Selmier, II, as
the portfolio manager of the Emerging Markets Fund, co-manager of the
"International Stocks" investment category of the Cornerstone Strategy Fund and
Growth Strategy Fund, and co-manager of the International Fund and the "Foreign
Securities" section of the World Growth Fund.
KEVIN P. MOORE, the Portfolio Manager, has 12 years investment management
experience and has worked for us for five years. He is a member of the
Association for Investment Management and Research and the San Antonio
Financial Analysts Society, Inc. Mr. Moore holds a BBA from George Washington
University.
35015-1099