AETNA SERIES FUND, INC.
CLASSES A, B, C
AND I
THE INFORMATION IN THIS SUPPLEMENT FOR AETNA SERIES FUND, INC. AMENDS THE
INFORMATION CONTAINED IN THE CLASS A, CLASS B AND CLASS C PROSPECTUS AND THE
CLASS I PROSPECTUS, EACH DATED MARCH 1, 1999. THIS SUPPLEMENT SHOULD BE READ
WITH EACH PROSPECTUS AND THE PREVIOUSLY ISSUED CLASS A, B, C AND I SUPPLEMENT
DATED AUGUST 1, 1999.
EFFECTIVE NOVEMBER 1, 1999, Aeltus Investment Management, Inc. has agreed to
waive a portion of its investment advisory fee and/or its administrative
services fee and/or reimburse a portion of the other expenses to ensure that the
total net operating expenses for Aetna Ascent Fund, Aetna Crossroads Fund and
Aetna Legacy Fund do not exceed the following amounts:
<TABLE>
<CAPTION>
Class A Class B Class C Class I
------- ------- ------- -------
<S> <C> <C> <C> <C>
Aetna Ascent Fund 1.25% 2.00% 2.00% 1.00%
Aetna Crossroads Fund 1.20% 1.95% 1.95% 0.95%
Aetna Legacy Fund 1.15% 1.90% 1.90% 0.90%
</TABLE>
November 1999
