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COLONIAL NEWPORT TIGER FUND CLASS Z SHARES Supplement to Prospectus dated March 1, 1995 The Example under the caption SUMMARY OF EXPENSES for Class Z shares has been revised in its entirety as follows: Period: (3) (4) 1 year $ 16 $ 16 3 years $ 49 $ 49 5 years $ 84 $ 84 10 years $185 $185 (3) After fee waiver. (4) If Adviser and Administrator did not continue to waive or bear certain expenses. NT-855A-0495 April 21, 1995
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