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File No. 33-11351 Rule 497(e) STEIN ROE INVESTMENT TRUST Stein Roe Young Investor Fund Supplement to Feb. 2, 1999 Prospectus ________________ The minimum initial amount that must be invested to open a Young Investor Fund account under the automatic investment plan is $100. The automatic investment plan must continue until your account has a value of at least $1,000 (for custodial accounts) or $2,500 (for regular accounts). This Supplement is Dated August 13, 1999
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