WRL SERIES FUND, INC.
ON BEHALF OF THE
C.A.S.E. GROWTH PORTFOLIO
SUPPLEMENT DATED NOVEMBER 6, 1997 TO PROSPECTUS DATED
MAY 1, 1997, AS REVISED JUNE 30, 1997 AND
SUPPLEMENTED SEPTEMBER 1, 1997
On October 7, 1997, the Board of Directors (the "Board") of the WRL Series Fund,
Inc. (the "Fund") approved changes to the C.A.S.E. Growth Portfolio's (the
"Portfolio") investment objective and investment policy. The modification of the
investment objective indicates that the Portfolio may seek to achieve annual
growth of capital not only by investing in common stocks of small to
medium-sized companies, but also in common stocks of larger companies.
Effective January 1, 1998, the following changes will be implemented:
INVESTMENT OBJECTIVE: Seeks annual growth of capital
through investment in companies
whose management, financial resources
and fundamentals appear attractive on a
scale measured against each company's
present value.
INVESTMENT POLICY: The C.A.S.E. Growth Portfolio will
primarily invest in companies whose
securities are traded on a national
exchange or in the domestic OTC markets.
Companies are selected based on their
perceived qualitative and quantitative
fundamental strengths, on a market
relative basis against other companies
in the same industry, sector and against
the broad market.
