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SUNAMERICA EQUITY FUNDS Supplement to the Statement of Additional Information 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. September 10, 1999
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