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SUPPLEMENT TO PROSPECTUS
DATED MARCH 24, 2000
Effective July 27, 2000, shares of the Tax-Managed U.S. Marketwide Value Portfolio XI will no longer be offered for sale. All references in this Prospectus to the Tax-Managed U.S. Marketwide Value Portfolio XI are hereby eliminated.
The effective date of this Supplement is July 27, 2000.
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