Global Discovery Fund
Supplement to Prospectus
Dated March 1, 1999
The following information is inserted in the section entitled "About the Fund --
Past performance" on page 4 of the prospectus:
Average annual total returns
Salomon Brothers
For periods ended Global World Equity
December 31, 1998 Discovery Fund Extended Market Index
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One Year 16.43% 5.93%
Five Years 11.08% 9.24%
Since Inception (9/10/91) 12.83% 10.18%*
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* Index comparison begins August 31, 1991.
The Salomon Brothers World Equity Extended Market Index is an unmanaged small
capitalization stock universe of 22 countries. Index returns assume reinvestment
of dividends and, unlike fund returns, do not reflect any fees or expenses.
April 14, 1999
