TWENTIETH CENTURY
WORLD INVESTORS
Supplement to
Prospectus
Supplement dated August 1, 1996
to Prospectus dated April 1, 1996
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The disclosure set forth below should be inserted after the ninth paragraph
under the heading "Management" found on page 31 of the prospectus:
Effective August 1, 1996, Investors Research has voluntarily reduced it
annual management fee on the funds as follows:
Fund Percent of Average Net Assets
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INTERNATIONAL EQUITY 1.50% of the first $1 billion
1.20% of the next $1 billion
1.10% over $2 billion
INTERNATIONAL EMERGING GROWTH 1.75% of the first $500 million
1.40% of the next $500 million
1.20% over $1 billion
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Investors Research will submit a new management agreement for shareholder
approval in July 1997 that reflects the reduced fee structure.
P.O. Box 419200
Kansas City, Missouri [company logo]
64141-6200
1-800-345-2021 or 816-531-5575
SH-SPL-5616 9608
