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<PAGE> Prospectus and Statement of Additional Information Supplement to VAN ECK WORLDWIDE INSURANCE TRUST PROSPECTUS Dated May 1, 1999 Amendment to the Prospectus and Statement of Additional Information Effective July 1, 1999, the Custodian of Van Eck Worldwide Insurance Trust will be State Street Bank and Trust Company, 225 Franklin Street, Boston, MA 02110. Supplement Dated July 14, 1999
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