ALLMERICA INVESTMENT TRUST
497, 2000-08-11
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                    Allmerica Investment Trust (the "Trust")
                     Supplement effective August 11, 2000
                                       to
                          Prospectus dated May 1, 2000

The chart containing information on the individuals who are primarily
responsible for the day-to-day management of the Select Aggressive Growth Fund
under the heading "Management of the Funds" is amended to delete all of the
information with respect to Lawrence S. Speidell and Mark W. Stuckelman and to
include the following information with respect to David Pavan:

Fund Name and        Name and Title of     Service with   Business Experience
Sub-Adviser Name    Portfolio Manager(s)   Sub-Adviser    for Past Five Years
----------------    --------------------   -------------  -------------------

Select Aggressive     David Pavan, CFA,    1999-Present   He joined NACM in
Growth Fund           Portfolio Manager                   1999 as a Portfolio
Nicholas-Applegate                                        Manager for the U.S.
Capital Management,                                       Systematic portfolios.
L.P. ("NACM")                                             He was a Quantitative
                                                          Analyst at Putnam
                                                          Investment Management,
                                                          Inc. from 1997-1999.
                                                          Prior to 1997, he
                                                          served as Portfolio
                                                          Manager at Genus in
                                                          Canada.

The section relating to the Core Equity Fund in the same table noted above is
amended to delete all of the information with respect to Gary G. Schlarbaum,
Robert J. Marcin, James J. Jolinger and Arden C. Armstrong.


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