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Supplement dated May 7, 1999 to the Loomis Sayles Funds'
Equity Funds Prospectuses dated January 1, 1999
Effective May 7, 1999, the name of the Loomis Sayles Mid-Cap Growth Fund is
changed to the Loomis Sayles Aggressive Growth Fund.
Christopher R. Ely, Philip C. Fine and David L. Smith, Vice Presidents of the
Trust and of Loomis Sayles, serve as portfolio managers of the Fund. Prior to
joining Loomis Sayles in 1996, Messrs. Ely, Fine and Smith were Vice Presidents
and Portfolio Managers of Keystone Investment Management Company, Inc.
The first sentence of the second paragraph of the prospectus captioned "Loomis
Sayles Mid-Cap Growth Fund" in the section captioned "Investment Objectives and
Policies" is revised to state:
The Fund generally expects to invest most of its assets in equity
securities of companies with a market capitalization that falls within
the capitalization range of companies included in the Russell Mid-Cap
Growth Index.
