EXECUTIVE INVESTORS TRUST
Blue Chip Fund
High Yield Fund
Insured Tax Exempt Fund
Supplement dated March 15, 2000
to Prospectus dated April 30, 1999
Shareholders of the Blue Chip Fund and the High Yield Fund were previously
informed of the proposal to reorganize the Blue Chip Fund into First Investors
Series Fund--Blue Chip Fund and High Yield Fund into First Investors Fund For
Income, Inc. At the Special Meeting of Shareholders held on February 25, 2000,
the Shareholders approved the proposal to reorganize each Fund. The
reorganizations were effected as of the close of business on March 14, 2000.
Accordingly, this prospectus is amended by deleting all text related to the Blue
Chip and High Yield Funds.
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EXECUTIVE INVESTORS TRUST
Blue Chip Fund
High Yield Fund
Insured Tax Exempt Fund
Supplement dated March 15, 2000
to Statement of Additional Information dated April 30, 1999
Shareholders of the Blue Chip Fund and the High Yield Fund were previously
informed of the proposal to reorganize the Blue Chip Fund into First Investors
Series Fund--Blue Chip Fund and High Yield Fund into First Investors Fund For
Income, Inc. At the Special Meeting of Shareholders held on February 25, 2000,
the Shareholders approved the proposal to reorganize each Fund. The
reorganizations were effected as of the close of business on March 14, 2000.
Accordingly, this Statement of Additional information is amended by deleting all
text related to the Blue Chip and High Yield Funds.
