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Previous: LONGLEAF PARTNERS FUNDS TRUST, N-30D, 1997-07-23 |
Next: GLENAYRE TECHNOLOGIES INC, 10-Q, 1997-07-23 |
EXECUTIVE INVESTORS TRUST
Supplemental dated July 31, 1997
to Prospectus dated April 30, 1997
1. The following table is part of the "Financial Highlights" on pages 4 and 5:
<TABLE>
<CAPTION>
Average Monthly Average Monthly
Amount of Debt Amount of Debt Number of Shares Average Amount of
Insured Tax Outstanding at Outstanding Outstanding Debt Per Share
Exempt Fund End of Period During the Period During the Period During the Period
- ----------- ------------- ----------------- ----------------- -----------------
<S> <C> <C> <C> <C>
7/26/90* to 12/31/90 ........................... $ 239,223 $ 39,871 52,282 $ 0.76
1991 ........................................... -- 32,701 200,690 0.16
1992 ........................................... -- -- 410,953 --
1993 ........................................... -- 18,126 582,792 0.03
1994 ........................................... -- -- 771,907 --
1995 ........................................... -- 73,200 879,202 0.08
1996 ........................................... -- 4,009 1,081,638 --
</TABLE>
*Commencement of operations
2. The following should be added to "Purchase of Shares-Waivers of Sales
Charges:"
Sales charges do not apply to any purchase by an FIC Representative, or by the
spouse, children, grandchildren, parent or grandparent of any such person.
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