VAN ECK WORLDWIDE INSURANCE TRUST
497, 1999-01-08
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                           PROSPECTUS SUPPLEMENT TO
                  VAN ECK WORLDWIDE INSURANCE TRUST PROSPECTUS
                               DATED MAY 1, 1998



Amendment to the Prospectus

Effective January 1, 1999, Van Eck Associates Corporation will assume the
responsibilities of advising Worldwide Emerging Markets Fund (the "Fund") and
Van Eck Global Asset Management (Asia) Limited will no longer act as Investment
Adviser to the Fund. Gary Greenberg will continue to serve as Portfolio Manager
of the Fund.



                  PROSPECTUS SUPPLEMENT DATED JANUARY 11, 1999



 


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