SUPPLEMENT TO GROWTH FUNDS PROSPECTUS dated July 1, 1996
The Class A shares sales compensation information on page 27 regarding regular
investments of $1 million or more is corrected as follows: the maximum
reallowance or commission on the first
$1 M - $4,999,999 is 0.75%, Next $1 - $5M above that is 0.25%, and next $1 and
more above that is 0.00%. The maximum total compensation on the first $1 M-
$4,999,999 is 1.00%, next $1 -$5M above that is 0.50%, and next $1 and more
above that is 0.25%.
9/96
GR00S