NVEST FUNDS TRUST I
497, 2000-07-12
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                           NVEST STAR SMALL CAP FUND

                         Supplement  dated  July 1,  2000 to  Nvest  Star  Funds
         Prospectuses Classes A, B and C and Class Y
                             each dated May 1, 2000

Clyde S.  McGregor,  C.F.A.,  has  become  co-portfolio  manager  of the  Harris
Associates  segment of Nvest Star Small Cap Fund,  joining James P. Benson,  who
has managed the segment since  November  1999.  Mr.  McGregor,  who has replaced
Steven  J.  Reid,  joined  Harris  Associates  as an  analyst  in 1981 and began
managing  portfolios in 1986. He holds an M.B.A.  in Finance from the University
of  Wisconsin-Madison  (1977) and a B.A. in Economics  and Religion from Oberlin
College (1974).

The investment approach of the Harris Associates segment of the Fund remains the
same.

                                                                      SP109-0700


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