Supplement No. 4 dated August 9, 1999
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to Prospectus dated November 1, 1998
for State Street Research Athletes Fund
A series of State Street Research Equity Trust
Policies for Buying Shares
The minimum initial investment in the fund has been decreased from $25,000
to $2,500. Also, until December 31, 1999, the minimum initial investment
for Individual Retirement Accounts ("IRAs") is $500. Accordingly, the
prospectus sections "Policies for Buying Shares - Minimum Initial
Investments" and "- Minimum Additional Investments" are revised as set
forth below. These minimums may be changed by the distributor without
further notice or supplement to this prospectus.
Minimum Initial Investments:
o $1,000 for accounts that use the Investamatic program(a)
o $2,000 for Individual Retirement Accounts(a)
o $2,500 for all other accounts
Minimum Additional Investments:
o $50 for any account
(a) Except $500 during special promotional periods.
[State Street Research logo]
Control Number: (exp1199)SSR-LD AT-182G-0899
