JEFFERSON PILOT VARIABLE FUND, INC.
ONE GRANITE PLACE
CONCORD, NH 03110
November 17, 1999
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549
RE: Jefferson Pilot Variable Fund, Inc.
File No. 002-94479
Commissioners:
Enclosed for filing via EDGAR pursuant to Rule 497(e) of the Securities Act of
1933 is a supplement to the above-captioned prospectus dated May 1, 1999,
relating to a change in the portfolio manager for the Balanced Portfolio.
If you have any questions, please call me at (603) 226-5706.
Sincerely,
/s/ Craig Moreshead
cc: Michael Koeffler, Esq.
Securities and Exchange Commission
Enclosure
<PAGE>
Supplement dated November 17, 1999
to Prospectus dated May 1, 1999
for
JEFFERSON PILOT VARIABLE FUND, INC.
This supplement updates certain information contained in the prospectus and, to
the extent inconsistent, it supersedes it. You should attach this supplement to
the prospectus and retain it with the prospectus for future reference.
On January 1, 2000, Karen Reidy will replace Blaine Rollins as the portfolio
manager of the Balanced Portfolio. As of that date, paragraph five on page 29 of
the prospectus shall be deleted and replaced by the following:
Effective January 1, 2000, Karen Reidy will be primarily responsible for
day-to-day management of the Balanced Portfolio. She will also be portfolio
manager of the Janus Balanced Fund and Janus Equity Income Fund. Ms. Reidy
has been the assistant portfolio manager of the Balanced Portfolio since
May, 1999, the Janus Fund since July, 1998, and the Janus Balanced and
Janus Equity Income Funds since July, 1999. Karen joined Janus in 1995.
Previously, she was employed by Price Waterhouse performing corporate due
diligence in the mergers and acquisitions area. Ms. Reidy is a Chartered
Financial Analyst.
