CHUBB INVESTMENT FUNDS INC
497, 2000-12-13
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                              VAN ECK/CHUBB FUNDS

                      VAN ECK/CHUBB GROWTH AND INCOME FUND

                   SUPPLEMENT TO PROSPECTUS DATED MAY 1, 2000


The  Adviser  intends to invest at least 50% of Fund assets in  securities  that
have paid interest or dividend in the last 12 months.


                                December 14, 2000


                                                                         (12/00)


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