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CONCERT INVESTMENT SERIES SUPPLEMENT DATED JUNE 29, 2000 TO STATEMENT OF ADDITIONAL INFORMATION DATED FEBRUARY 28, 2000 ________________________ The following information supersedes the information set forth in the Prospectus under "Distributor.": The funds have entered into agreements with Salomon Smith Barney Inc. and PFS Distributors, Inc. to distribute the fund's shares. FD 1941
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