MANAGED SECTORS VARIABLE ACCOUNT
NSAR-A, EX-99, 2000-08-24
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               Managed Sectors Variable Account



     ITEM77D


The Managed  Sectors  Variable  Account  changed the  percentage  limitation  on
foreign  securities  to 50% of net  assets.  This  change  is  described  in the
Prospectus  and/or  Statement of Additional  Information,  dated May 1, 2000, as
filed  with the  Securities  and  Exchange  Commission  as part of Money  Market
Variable  Accounts  Post-Effective  Amendment  No.  15 (File No.  33-19628  and
811-3563). Such description is hereby incorporated by reference.




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