PHOENIX STRATEGIC EQUITY SERIES FUND
Supplement dated October 20, 1995 to
Prospectus dated October 16, 1995
Initial Sales Charge Alternative - Class A Shares
The following should be inserted below the first chart on the bottom of page 18:
Equity Planning has agreed to pay broker/dealers with whom it has sales
agreements, additional dealer discounts in connection with the
aggregate purchases (net of redemptions) of any combination of Class A
and Class B Shares of the Theme Series and Small Cap Series and Class A
and Class B Shares of any other Phoenix Fund designated by Equity
Planning, as shown below , provided such purchases are made between
October 16, 1995 and December 29, 1995. These additional fees shall be
paid exclusively from Equity Planning's own profits and resources and
do not apply to the purchase of shares for which sales charges are not
applicable.
Aggregate Purchases Additional Dealer Discount or Agency
Fee as Percentage of Offering Price
------------------- -------------------------------------
Up to $249,999 0.50%
$250,000 or more 1.00%
The following should be inserted below the second chart on page 18:
Equity Planning has agreed to pay broker/dealers with whom it has sales
agreements, an additional amount equal to 0.50% of the purchase price
on purchases of $1,000,000 or more of any combination of Class A Shares
of the Theme Series and Small Cap Series and/or Class A Shares of any
other Phoenix Fund designated by Equity Planning, provided such
purchases are made between October 16, 1995 and December 29, 1995. This
additional fee shall be paid exclusively from Equity Planning's own
profits and resources.
Contingent Deferred Sales Charge
The following should be added to the second full paragraph under the heading
"Contingent Deferred Sales Charge" on page 20:
Equity Planning has agreed to pay broker/dealers with whom it has sales
agreements, additional sales commissions in connection with the
aggregate purchases (net of redemptions) of any combination of Class A
and Class B Shares of the Theme Series and Small Cap Series and Class A
and Class B Shares of any other Phoenix Fund designated by Equity
Planning, as shown below , provided such purchases are made between
October 16, 1995 and December 29, 1995. These additional fees shall be
paid exclusively from Equity Planning's own profits and resources and
do not apply to the purchase of shares for which sales charges are not
applicable.
Aggregate Purchases Additional Commissions
as Percentage of Offering Price
------------------- -------------------------------
Up to $249,999 0.50%
$250,000 or more 1.00%
