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PROSPECTUS SUPPLEMENT TO VAN ECK/CHUBB FUNDS PROSPECTUS DATED MAY 1, 1999 EFFECTIVE MAY 26, 1999 The Class A shares of the Van Eck/Chubb Capital Appreciation Fund are closed to investments. The Class B shares of the Van Eck/Chubb Funds are closed to investments and will be liquidated on June 16, 1999. PROSPECTUS SUPPLEMENT DATED MAY 20, 1999 507 544
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