Anchor International Bond Trust
SUPPLEMENT
Dated November 15, 1999
TO THE PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION
DATED MAY 1, 1999
This Supplement is provided to update, and should be read in conjunction with,
the information provided in the Prospectus.
Management of the Trust
The Current Prospectus and Statement of Additional Information of the
Anchor International Bond Trust (the "Trust") indicates that the portfolio is
managed by a team consisting of Paul Jaspard and Alain Jaspard. On October 30,
1999, Paul Jaspard died. Consequently, the Trust's portfolio is currently
managed solely by Alain Jaspard. Alain Jaspard has been elected a Vice President
of Anchor Investment Management Corporation, the Investment Advisor ("Anchor
Investment").
