American Skandia Trust
Supplement dated June 21, 2000 to the Prospectus dated May 1, 2000
AST AIM Balanced Portfolio
Effective June 21, 2000, Carolyn L. Gibbs will no longer serve on the
portfolio management team for the AST AIM Balanced Portfolio. Accordingly, the
section of the prospectus entitled "Management of the Trust -- Sub-advisors - A
I M Capital Management, Inc." (on pages 97 - 98) is amended by deleting the
fourth paragraph and replacing it with the following:
The members of the team responsible for the management of the AST
AIM Balanced Portfolio are Claude C. Cody IV, Robert G. Alley, Craig
A. Smith, Meggan M. Walsh and Jan Friedli. The members of the team
have managed the Portfolio since AIM became the Portfolio's
Sub-advisor in May 1999 (except for Mr. Friedli, who has been a
manager of the Portfolio since October 1999), and all (except for Mr.
Friedli) are officers of AIM. Mr. Cody, Senior Portfolio Manager, has
been associated with AIM and/or its affiliates since 1992. Mr. Alley,
Senior Portfolio Manager, has been associated with AIM and/or its
affiliates since 1992. Mr. Smith, Portfolio Manager, has been
associated with AIM and/or its affiliates since 1989. Ms. Walsh,
Portfolio Manager, has been associated with AIM and/or its affiliates
since 1991. Mr. Friedli, Portfolio Manager, has been associated with
AIM and/or its affiliate since 1999. From 1997 to 1999, he was a
global fixed-income portfolio manager for Nicholas-Applegate Capital
Management, and from 1994 to 1997, he was an international
fixed-income trader and analyst for Strong Capital Management.
