File No. 33-23512, 811-5629
Filed under Rule 497(e)
The GCG Trust
Prospectus Supplement
June 8, 1998
to the
Prospectus dated May 1, 1998
for
The GCG Trust
On May 29, 1998, AMVESCAP PLC ("AMVESCAP") completed the
transaction to acquire several subsidiaries of the Liechtenstein
Global Trust, AG ("LGT"), which made up the LGT Asset Management
Division and included Chancellor LGT Asset Management, Inc.
("Chancellor"). In connection with the acquisition, Chancellor, the
portfolio manager of the Capital Appreciation Series of The GCG Trust
has been renamed INVESCO (NY), Inc. ("INVESCO"). AMVESCAP is an
independent investment company focused on institutional and retail
investment management. AMVESCAP and its affiliates have approximately
$192 billion under management. On April 29, 1998, at a special meeting
of the shareholders of the Capital Appreciation Series of The GCG
Trust, the shareholders approved the new portfolio management
agreement between The GCG Trust, Directed Services, Inc. and INVESCO.
The agreement became effective as of May 29, 1998.
This supplement should be retained with your Prospectus for The
GCG Trust.
G3059-AMV 6/8/98
