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HERITAGE INCOME-GROWTH TRUST
Supplement dated February 29, 1996 to the
Statement of Additional Information dated February 1, 1996
The following should be added after the first paragraph under
"Investment Limitations" on page 12:
Diversification. The Trust may not invest more than 5% of its
total assets in securities of any one issuer other than the U.S.
Government or its agencies and instrumentalities or buy more than 10% of
the voting securities or any other class of securities of any issuer.
Industry Concentration. The Trust may not purchase securities
if, as a result, more than 25% of its total assets would be invested in
any one industry.
Borrowing Money. The Trust may not borrow money, except from
banks as a temporary measure for extraordinary or emergency purposes,
including the meeting of redemption requests that might require the
untimely disposition of securities. The payment of interest on such
borrowings will reduce the Trust's net income during the period of such
borrowing. Borrowing in the aggregate may not exceed 15%, and borrowing
for purposes other than meeting redemptions may not exceed 5% of the value
of the Trust's total assets at the time the borrowing is made. The Trust
may not make additional investments when borrowings exceed 5% of the
Trust's total assets.
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