AETNA SERIES FUND, INC.
Classes A, B, C
and I
Supplement dated March 3, 1999
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.
The following replaces the first paragraph and first three bullets of the
section entitled "Aetna Small Company Fund (Small Company) -- Principal
Investment Strategies" on page 8 of the Class A, Class B and Class C Prospectus
and on page 8 of the Class I Prospectus:
Principal Investment Strategies Under normal market conditions, Small Company
invests at least 65% of its total assets in common stocks of small-
capitalization companies, defined as:
[bullet] The 2,000 smallest of the 3,000 largest U.S. companies (as measured by
market capitalization).
[bullet] All companies not included above that are included in the Standard &
Poor's SmallCap 600 Index or the Russell 2000 Index.
[bullet] Companies with market capitalizations lower than any companies included
in the first two categories.
For purposes of the 65% policy, the largest company in this group in which Small
Company intends to invest currently has a market capitalization of approximately
$1.5 billion.
P031(3/99) March 1999
