DELAWARE GROUP GLOBAL & INTERNATIONAL FUNDS, INC.
Global Equity Fund (formerly Global Assets Fund)
Supplement to the current Prospectus
The Board of Directors of Delaware Group Global &
International Funds, Inc. (the Company ) unanimously voted,
subject to shareholder approval, to adopt a new Investment
Management Agreement between the Company and Delaware
International Advisers Ltd. (the Manager ) for the Global Equity
Fund. Under the current Investment Management Agreement, the
Fund pays the Manager an annual fee equal to 0.75% of the Fund s
average daily net assets less independent directors fees. Under
the proposed Investment Management Agreement, the Fund will pay
the Manager an annual fee equal to 0.85% on the first $500
million, 0.80% on the next $500 million, 0.75% on the next $1.5
billion, and 0.70% on assets over $2.5 billion (all calculated as
a percentage of the Fund s average daily net assets).
Individuals who were shareholders of the Fund on
December 21, 1998 will be asked to approve the proposed
Investment Management Agreement at a Joint Annual/Special Meeting
of Shareholders to be held on or about March 17, 1999. The
proposed management fee is expected to become effective on or
about April 1, 1999 if the shareholders approve the proposed
Investment Management Agreement.
