LIFE SERIES FUND
BLUE CHIP
CASH MANAGEMENT
DISCOVERY
GOVERNMENT
GROWTH
HIGH YIELD
INTERNATIONAL SECURITIES
INVESTMENT GRADE
TARGET MATURITY 2007
TARGET MATURITY 2010
UTILITIES INCOME
SUPPLEMENT DATED JANUARY 10, 2000 TO
PROSPECTUS DATED APRIL 30, 1999.
1. The Fund Management section beginning on page 49 is amended as follows:
All references to Dennis T. Fitzpatrick as Portfolio Manager of the
Blue Chip Fund are changed to Co-Portfolio Manager. Add Andrew Wedeck
as Co-Portfolio Manager of the Blue Chip Fund. From April 1999 to
November 1999, Mr. Wedeck was a Research Analyst at Cramer Rosenthal
McGlynn. From April 1998 to March 1999, Mr. Wedeck was a personal
money management consultant for family members. From 1995 to March
1998, Mr. Wedeck was an Equity Analyst at Stechler & Company.
2. The Prospectus is amended by deleting the last paragraph on page 49 and
the first paragraph on page 50 of the "Fund Management" section and replacing
them with the following:
As of January 1, 2000, Nancy W. Jones serves as Portfolio Manager of
the High Yield Fund. Ms. Jones also serves as Portfolio Manager of
certain other First Investors Funds. Ms. Jones joined FIMCO in 1983
as Director of Research in the High Yield Department.
As of January 1, 2000, George V. Ganter serves as Co-Portfolio
Manager of the Investment Grade Fund. Mr. Ganter also serves as
Co-Portfolio Manager of another First Investors Fund. Mr. Ganter
joined FIMCO in 1985 as a Senior Investment Analyst.
LIFE0100
