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SUPPLEMENT DATED MARCH 27, 1996
TO THE STATEMENT OF ADDITIONAL INFORMATION DATED FEBRUARY 8, 1996
OF COMMON SENSE(R) TRUST
Common Sense(R) II Growth Fund
Common Sense(R) II Growth and Income Fund
Common Sense(R) II Government Fund
Common Sense(R) II Emerging Growth Fund
Common Sense(R) II International Equity Fund
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The following replaces the first two sentences of the third paragraph under
"OTHER INFORMATION - Performance Information":
The overall total return for the Growth Fund, the Growth and Income
Fund and the Government Fund (computed in the manner described in the
Prospectus) for Class A shares for the one-year and
one-year-and-six-months periods ended October 31, 1995 was $22.44,
$20.20 and $11.20; and $15.03, $12.74 and $6.24, respectively. The
overall total return for the Growth Fund, the Growth and Income Fund
and the Government Fund (computed in the manner described in the
Prospectus) for Class B shares for the one-year and
one-year-and-six-months periods ended October 31, 1995 was $21.50,
$19.19 and $10.42; and $14.18; $11.91 and $5.52, respectively.
