Supplement Dated December 5, 1995
to Prospectus Dated February 28, 1995
Merrill Lynch Growth Fund for Investment and Retirement
The Prospectus is hereby supplemented as follows:
By substituting the following language for the first two
sentences of the fourth paragraph under "Management and Advisory Arrangements"
on page 20:
The Fund pays the Manager a monthly fee at the annual rate of 0.65% of
the average daily net assets of the Fund. The Manager has voluntarily agreed to
waive a portion of its management fee so that such fee is equal to 0.65% of
average daily net assets not exceeding $1 billion; 0.625% of average daily net
assets exceeding $1 billion but not exceeding $1.5 billion; and 0.60% of average
daily net assets exceeding $1.5 billion.
Code # 10479-0295ALL
Supplement Dated December 5, 1995
to Statement of Additional Information
Dated February 28, 1995
Merrill Lynch Growth Fund for Investment and Retirement
The Statement of Additional Information is hereby supplemented as
follows:
By substituting the following language for the second sentence of
the third paragraph under "Management and Advisory Arrangements" on page 14:
The Fund pays the Manager a monthly fee at the annual rate of 0.65% of
the average daily net assets of the Fund. The Manager has voluntarily agreed to
waive a portion of its management fee so that such fee is equal to 0.65% of
average daily net assets not exceeding $1 billion; 0.625% of average daily net
assets exceeding $1 billion but not exceeding $1.5 billion; and 0.60% of average
daily net assets exceeding $1.5 billion.
Code # 10480-0295ALL