STEIN ROE INVESTMENT TRUST
Stein Roe Growth & Income Fund
Supplement to Prospectus Dated Feb. 2, 1998
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Effective March 1, 1998, through the close of business on April 30,
1998, the minimum initial amount that must be invested to open a Growth &
Income Fund account under an automatic investment plan has been reduced from
$1,000 ($500 for UGMA accounts) to $100, provided that the automatic
investment plan continue until the account has a value of at least $2,500
($1,000 for UGMA accounts). (See How to Purchase Shares.)
This Supplement Is Dated Feb. 27, 1998
