February 11, 1999
Convertible Securities Series
Supplement to the current Prospectus
The following replaces information under Mangement of the
Fund:
Damon J. Andres, Assistant Vice President/Portfolio
Manager, has assumed day-to-day responsibilities for making
investment desisions for the Convertible Securities Series in
February 1999. Mr. Andres earned a BS in Business
Administration with an emphasis in Finance and Accounting from
the University of Richmond. He joined Delaware Investments in
1994 as an Equity Research Analyst. Prior to this, Mr. Andres
performed investment consulting services as a Consulting
Associate with Cambridge Associates, Inc. in Arlington,
Virginia.
