THE PHOENIX EDGE SERIES FUND
Supplement dated June 26, 1998 to Prospectus dated May 1, 1998
INTERNATIONAL SERIES
On May 27, 1998, the Board of Trustees of The Phoenix Edge Series Fund
approved a change of the portfolio management of the International Series and
has recommended to shareholders that Aberdeen Fund Managers, Inc. be retained as
subadviser. This recommendation will be submitted to shareholders of the
International Series in a proxy statement in the coming months.
The following replaces the paragraph in the section "Portfolio
Managers" under the heading "International Series" located on page 26 of the
Prospectus.
The investment and trading decisions for the International Series are
made by a team of the Adviser's equity investment professionals. The
Adviser has retained Aberdeen Fund Managers, Inc. for advice and
assistance in making investment and trading decisions. Aberdeen Fund
Managers, Inc. does not have discretionary authority to manage the
International Series.
STRATEGIC ALLOCATION SERIES
There has been a change to the portfolio management of the Strategic
Allocation Series. The following replaces the paragraph in the section
"Portfolio Managers" under the heading "Allocation Series" located on page 26 of
the Prospectus.
Investment decisions for the Allocation Series are made by a team of
equity investment professionals and a team of fixed income investment
professionals.
STRATEGIC THEME SERIES
There also has been a change to the portfolio management of the
Strategic Theme Series. The following replaces the paragraph in the section
"Portfolio Managers" under the heading "Theme Series" located on page 26 of the
Prospectus.
Investment decisions for the Theme Series are made by a team of equity
investment professionals.
YOU SHOULD RETAIN THIS SUPPLEMENT WITH YOUR PROSPECTUS FOR FUTURE REFERENCE.
