COLONIAL NEWPORT TIGER FUND
CLASS Z SHARES
Supplement to Prospectus dated
March 1, 1995
(Supplanting Supplement dated April 24, 1995)
The Example under the caption SUMMARY OF EXPENSES
on page 2 of the Prospectus 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.
Separately, in addition to the class of purchasers
described in the Prospectus, Class Z shares of the
Fund may be purchased by certain institutions
(including certain insurance companies and banks
investing for their own account, trusts, endowment
funds, foundations and investment companies) and
defined benefit retirement plans investing a minimum
of $5 million in the Fund. The Distributor may pay
financial service firms a finder's fee on such
purchases, payable in quarterly installments during
the first year after purchase. Each installment will
equal 1/4 of 0.15% of the value of the shares at the
time the installment is calculated.
NT-012B-0695 June 26, 1995
