The Chaconia Income & Growth Fund, Inc.
File No. 33-37426
Supplement dated April 24, 2000 to
Prospectus dated December 1, 1999
On April 15, 2000, the Board of Directors voted to recommend to the shareholders
that the shareholders approve a new investment management agreement with Earnest
Partners, LLC. In connection with the Board's vote, the following discussion
supplements the discussion under the caption "The Chaconia I&G Fund Manager" on
page 12 of the Prospectus dated December 1, 1999.
On April 15, 2000, the Board of Directors voted to recommend to the
shareholders that the shareholders approve a new investment management
agreement with Earnest Partners, LLC. The next shareholder meeting is
scheduled for May 17, 2000.
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The Chaconia Income & Growth Fund, Inc.
File No. 33-37426
Supplement dated April 24, 2000 to
Statement of Additional Information dated December 1, 1999
On April 15, 2000, the Board of Directors voted to recommend to the shareholders
that the shareholders approve a new investment management agreement with Earnest
Partners, LLC. In connection with the Board's vote, the following discussion
supplements the discussion under the caption "I&G Fund Manager" on pages 9 and
10 of the Statement of Additional Information dated December 1, 1999.
On April 15, 2000, the Board of Directors voted to recommend to the
shareholders that the shareholders approve a new investment management
agreement with Earnest Partners, LLC. The next shareholder meeting is
scheduled for May 17, 2000.
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