SSgA FUNDS
SUPPLEMENT DATED NOVEMBER 3, 1997
TO PROSPECTUS DATED
DECEMBER 27, 1996
SSgA EMERGING MARKETS FUND
Effective November 1, 1997, the lead portfolio manager for the SSgA Emerging
Markets Fund is Mr. Joshua Feuerman. Mr. Feuerman is a Vice President who joined
State Street Global Advisors ("SSgA") in 1987. He is a portfolio manager in
SSgA's Global Active Equities Group responsible for emerging markets portfolios.
He also assists in the marketing of SSgA's equity products to existing and
prospective clients as well as to the consultant community. Previously, Mr.
Feuerman was responsible for research and development in the Active
International Equities Group. He has been involved in the development of SSgA's
country and stock selection processes. Mr. Feuerman has an MBA in Finance from
the University of Chicago and an AB in Economics and Romance Languages from
Bowdoin College. He is also an Adjunct Lecturer in Economics at Brandeis
University.
