FIRST INVESTORS EQUITY FUNDS PROSPECTUS
Total Return
Growth & Income
Blue Chip
Utilities Income
Mid-Cap Opportunity
Special Situations
Global
Supplement dated November 30, 1999 to Prospectus dated February 19,
1999.
1. In the table appearing at the top of page 5, the performance of the S&P 500
Index since inception of the Total Return Fund's Class B shares (1/12/95)
should read as 30.41% rather than 10.41%.
2. In the table appearing at the bottom of page 11, the performance of the S&P
500 Index since inception of the Growth & Income Fund's Class A shares
(10/14/93) should read as 22.98% rather than 18.47%.
3. The Fund Management section beginning on page 42 is amended as follows:
All references to Dennis T. Fitzpatrick as Portfolio Manager of the
Growth & Income Fund and the Blue Chip Fund are changed to Co-Portfolio
Manager. Add Andrew Wedeck as Co-Portfolio Manager of the Growth & Income
Fund and the Blue Chip Fund. From April 1999 to November 1999, Mr. Wedeck
was a Research Analyst at Cramer Rosenthal McGlynn. From April 1998 to
March 1999, Mr. Wedeck was a personal money management consultant for
family members. From 1995 to March 1998, Mr. Wedeck was an Equity Analyst
at Stechler & Company.
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FIRST INVESTORS BLUE CHIP FUND
Supplement dated November 30, 1999 to
Prospectus dated February 19, 1999
The section entitled "Who manages the Blue Chip Fund?" is amended as follows:
All references to Dennis T. Fitzpatrick as Portfolio Manager of the Blue
Chip Fund are changed to Co-Portfolio Manager. Add Andrew Wedeck as
Co-Portfolio Manager of the Blue Chip Fund. From April 1999 to November
1999, Mr. Wedeck was a Research Analyst at Cramer Rosenthal McGlynn. From
April 1998 to March 1999, Mr. Wedeck was a personal money management
consultant for family members. From 1995 to March 1998, Mr. Wedeck was an
Equity Analyst at Stechler & Company.
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