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GT GLOBAL DEVELOPING MARKETS FUND: ADVISOR CLASS
SUPPLEMENT TO PROSPECTUS DATED NOVEMBER 1, 1997
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THE FOLLOWING REVISES AND SUPERSEDES, AS APPLICABLE, THE DISCUSSION UNDER
"MANAGEMENT" WITH RESPECT TO THE FUND:
Mark Thorogood has been named a Portfolio Manager for the Fund. Mr. Thorogood
joined Chancellor LGT Asset Management, Inc. (the "Manager") and LGT Asset
Management PLC (London), an affiliate of the Manager, in May 1997 as a Portfolio
Manager. Prior thereto, he worked for ING-Barings (Hong Kong) from 1994 to 1997
as a proprietary Trader. From 1987 to 1994, Mr. Thorogood was at Provident
Mutual, first as an Analyst, and then as a Portfolio Manager covering the
Japanese and Asian Equity Markets.
[LOGO]
GROSX801M January 20, 1998
