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GE Investments Funds, Inc.
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SUPPLEMENT DATED SEPTEMBER 15, 2000
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED MAY 1, 2000
Effective October 1, 2000, GE Asset Management Incorporated, the Investment
Adviser to Mid-Cap Value Equity Fund (the "Fund"), will assume day-to-day
portfolio management responsibility from NWQ Investment Management Company
("NWQ"), the current sub-adviser to the Fund. Accordingly, all references to NWQ
within the Prospectus and Statement of Additional Information will be
superseded.
Effective October 1, 2000, Ralph E. Whitman will be portfolio manager of the
Fund. The following biography of Ralph E. Whitman is added on page 51 of the
Prospectus to the section titled "About the Investment Adviser-About the
Portfolio Managers":
Ralph E. Whitman is a Senior Vice President of GE Asset Management and
is portfolio manager of Mid-Cap Value Equity Fund. He has served in
this capacity since October 2000. He joined GE Asset Management in 1987
as an Equity Analyst. He became Vice President for U.S. Equity
Investments in 1995 and Senior Vice President for U.S. Equity
Portfolios in 1998.
There is no change to the investment objective and principal investment
strategies of the Fund as stated in the Prospectus and Statement of Additional
Information. However, the last four sentences of the first paragraph on page 12
of the Prospectus are replaced by the following sentences:
The Fund defines mid-cap companies to mean companies with
capitalizations in the range included in the S&P MidCap Index, $88
million to $13.72 billion as of June 30, 2000. The portfolio manager
will not sell a stock merely because the market capitalization of a
company in the portfolio moves above or below the range. Stock
selection is key to the performance of the Fund.
The first sentence in the fourth paragraph on page 12 of the Prospectus is
revised as follows:
The Fund also may invest to a lesser extent in foreign securities,
initial public offerings and debt securities.
Effective October 1, 2000, GE Asset Management Incorporated, the Investment
Adviser to Global Income Fund (the "Fund"), will assume day-to-day portfolio
management responsibility from GE Asset Management Limited ("GEAML"), the
current sub-adviser to the Fund. Accordingly, all references to GEAML within the
Prospectus and Statement of Additional Information will be superseded.
Effective October 1, 2000, Michael J. Goosay will be portfolio manager of the
Fund. The following biography of Michael J. Goosay is added on page 51 of the
Prospectus to the section titled "About the Investment Adviser-About the
Portfolio Managers":
Michael J. Goosay is a Vice President of GE Asset Management and
portfolio manager of Global Income Fund. He has served in this capacity
since October 2000. Prior to joining GE Asset Management in July 2000,
Michael managed over $3 billion in a number of global and non-dollar
separate accounts and mutual funds at Prudential Global Asset
Management, where he served as International Portfolio Manager since
1995.
