VAN ECK WORLDWIDE INSURANCE TRUST
497, 1999-06-30
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                            PROSPECTUS SUPPLEMENT TO
                  VAN ECK WORLDWIDE EMERGING MARKETS FUND PROSPECTUS
                               DATED MAY 1, 1999

Amendment to the Prospectus

Effective July 1, 1999, David Semple and David Hulme will be responsible for the
management of Worldwide Emerging Markets Fund as Co-Portfolio Managers.

                    PROSPECTUS SUPPLEMENT DATED JULY 1, 1999



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