CONSULTING GROUP CAPITAL MARKETS FUNDS
Supplement dated October 4, 1995 to the Prospectus
On the dates set forth below Smith Barney Mutual Funds Management Inc. assumed
responsibility for all administrative functions for the Portfolios indicated
including functions previously
performed by The Boston Company Advisors, Inc. ("Boston Advisors").
As of such date, Boston Advisors
ceased to serve as sub-administrator to the Portfolios.
Concurrently, PNC Bank, National Association ("PNC") or Morgan Guaranty and
Trust
Company ("Morgan") (as indicated below) assumed responsibility as the
custodian for the Portfolios
referenced below. As of such date, Boston Safe Deposit and Trust Company,
an affiliate of Boston
Advisors, ceased to serve as the Portfolios custodian. PNC Bank is located
at 17th and Chestnut Streets,
Philadelphia, Pennsylvania 19103 and Morgan is located at 60 Wall Street
New York, New York 19103.
PORTFOLIO DATE
PNC Bank, National Association
LARGE CAPITALIZATION VALUE INVESTMENTS AUGUST 31, 1995
LARGE CAPITALIZATION GROWTH INVESTMENTS AUGUST 31 1995
SMALL CAPITALIZATION VALUE INVESTMENTS AUGUST 31, 1995
SMALL CAPITALIZATION GROWTH INVESTMENTS AUGUST 31, 1995
MUNICIPAL BOND INVESTMENTS AUGUST 31, 1995
GOVERNMENT MONEY INVESTMENTS SEPTEMBER 19, 1995
BALANCED INVESTMENTS SEPTEMBER 19, 1995
INTERMEDIATE FIXED INCOME INVESTMENTS SEPTEMBER 19, 1995
LONG-TERM BOND INVESTMENTS SEPTEMBER 19, 1995
MORTGAGE BACKED INVESTMENTS SEPTEMBER 19, 1995
Morgan Guaranty and Trust Company
INTERNATIONAL EQUITY INVESTMENT APRIL 21, 1995
INTERNATIONAL FIXED INCOME INVESTMENTS SEPTEMBER 19, 1995
EMERGING MARKETS INVESTMENTS SEPTEMBER 22, 1995
TK 0388, 10/95
Prospectus dated March 14, 1995