STEINROE VARIABLE INVESTMENT TRUST
CAPITAL APPRECIATION FUND
SUPPLEMENT DATED OCTOBER 1, 1997
TO
PROSPECTUS DATED MAY 1, 1997
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On August 14, 1997, the Board of Trustees approved
changing the name of Capital Appreciation Fund, a series of
SteinRoe Variable Investment Trust, to Stein Roe Special
Venture Fund, Variable Series. The name change will take
effect November 15, 1997.
This change is being made to expand marketing
opportunities for the Fund, including opportunities to market
the Fund to Participating Insurance Companies which are not
affiliated with Keyport Life Insurance Company. No change is
being made to the Fund's investment objective or investment
program.
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