PHOENIX HOME LIFE VARIABLE UNIVERSAL LIFE ACCOUNT
PHOENIX HOME LIFE MUTUAL INSURANCE COMPANY
INDIVIDUAL EDGE(SM) FLEX EDGE
JOINT EDGE(R) FLEX EDGE SUCCESS(R)
SUPPLEMENT DATED AUGUST 15, 2000 TO PROSPECTUS DATED MAY 1, 2000
The information contained in this
supplement updates and revises your prospectus.
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THE FOLLOWING INVESTMENT OPTIONS ARE ADDED TO THE FIRST PAGE OF YOUR PROSPECTUS:
THE PHOENIX EDGE SERIES FUND
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MANAGED BY PHOENIX INVESTMENT COUNSEL, INC.
[diamond] Phoenix-Engemann Small & Mid-Cap Growth Series
MANAGED BY PHOENIX VARIABLE ADVISORS, INC.
[diamond] Phoenix-Bankers Trust Nasdaq-100 Index(R) Series
THESE FUNDS ARE NOT YET AVAILABLE TO CALIFORNIA RESIDENTS AND ARE
PENDING CALIFORNIA STATE APPROVAL.
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THE FOLLOWING SERIES ARE ADDED TO THE SECTION TITLED "INVESTMENTS OF THE VUL
ACCOUNT":
PHOENIX-BANKERS TRUST NASDAQ-100 INDEX(R) SERIES: This non-diversified series
seeks to track the total return of the Nasdaq-100 Index(R) ("Index") before fund
expenses. The series is "passively" managed (it invests in the same companies in
the same proportions as the Index). The series may invest in equity equivalents
in an attempt to improve cash flow and reduce transaction costs, while
replicating investments in the Index.
PHOENIX-ENGEMANN SMALL & MID-CAP GROWTH SERIES: The series seeks to achieve
its objective of long-term growth of capital by normally investing at least 65%
of assets in equities of "small-cap" and "mid-cap" companies (market
capitalization under $1.5 billion). Expected emphasis will be on investments in
common stocks of U.S. corporations that have rapidly growing earnings per share
Stocks are generally sold when characteristics such as growth rate, competitive
advantage, or price render the stock unattractive. The advisor may change the
asset allocation or temporarily take up a defensive investment strategy
depending on market conditions.
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THE FOLLOWING ADVISORS, SUBADVISORS AND INVESTMENT OPTIONS ARE ADDED TO THE
SECTION TITLED "INVESTMENT ADVISORS":
INVESTMENT ADVISOR: PHOENIX INVESTMENT COUNSEL, INC.
SUBADVISOR: ROGER ENGEMANN & ASSOCIATES, INC.
[diamond] Phoenix-Engemann Small & Mid-Cap Growth Series
INVESTMENT ADVISOR: PHOENIX VARIABLE ADVISORS, INC.
SUBADVISOR: BANKERS TRUST COMPANY
[diamond] Phoenix-Bankers Trust Nasdaq-100 Index(R) Series
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KEEP THIS SUPPLEMENT WITH YOUR PROSPECTUS FOR FUTURE REFERENCE.
TF630
