FIRST INVESTORS SERIES FUND
SUPPLEMENT DATED OCTOBER 2, 1998
TO PROSPECTUS DATED APRIL 30, 1998
1. Item No. (7) under "How to Buy Shares-Waivers of Class A Sales Charges" on
page 24 should read as follows:
(7) any purchase made during the period November 15, 1998 to February 28, 1999
with the proceeds from a redemption made after November 14, 1998 from the 3rd
Fund of First Investors U.S. Government Plus Fund;
2. The following sentence replaces the last two sentences of the last paragraph
under "Dividends and Other Distributions" on page 34:
Any subsequent dividend or other distribution will be reinvested in additional
shares of the distributing class at net asset value until the Fund receives new
instructions.
3. The following should replace the first paragraph under "Management-Portfolio
Managers" on page 31:
Effective September 1, 1998, the SPECIAL SITUATIONS FUND is co-managed by
Patricia D. Poitra, Director of Equities, and David A. Hanover. Since October
1994, Ms. Poitra has been responsible for the management of the equity portion
of the TOTAL RETURN FUND. Ms. Poitra also is responsible for the management of
certain other First Investors funds. Ms. Poitra joined FIMCO in 1985 as a Senior
Equity Analyst. From 1997 to August 1998, Mr. Hanover was a Portfolio Manager
and Analyst at Heritage Investors Management Corporation. From 1994 to 1996, Mr.
Hanover was Co-Portfolio Manager and Analyst at Psagot Mutual Funds and in 1993
he was an International Equity Investments Summer Associate at Howard Hughes
Medical Institute.
4. The following should replace the second paragraph under
"Management--Portfolio Managers" on page 31:
Effective September 18, 1998, Dennis T. Fitzpatrick is now the sole portfolio
manager of the BLUE CHIP FUND and certain other First Investors funds. Mr.
Fitzpatrick joined FIMCO in October 1995 as a Large Cap Analyst. From July
1995 to October 1995, Mr. Fitzpatrick was a Regional Surety Manager at United
States Fidelity & Guaranty Co. and from 1988 to 1995 he was Northeast Surety
Manager at American International Group.
FISF1098
