SUNAMERICA EQUITY FUNDS
497, 1999-09-10
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SUNAMERICA EQUITY FUNDS

Supplement to the Prospectus dated January 29, 1999

On August 24, 1999, the Board of Directors of SunAmerica Equity
Funds adopted a resolution to change the name of the SunAmerica
Mid-Cap Growth Fund ("Mid-Cap Growth Fund") to the SunAmerica
Growth Opportunities Fund ("Growth Opportunities Fund"),
which became effective on September 13, 1999.  All references
in the Prospectus to the "Mid-Cap Growth Fund" are replaced
with "Growth Opportunities Fund."





September 10, 1999


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