Supplement, dated October 5, 2000, to the
Prospectus, dated March 1, 2000,
of Seligman Global Fund Series, Inc. (the "Series")
on behalf of its
Seligman Global Growth Fund ("Global Growth Fund")
Seligman Global Smaller Companies Fund ("Global Smaller Companies Fund")
Seligman International Growth Fund ("International Growth Fund")
Global Smaller Companies Fund:
The definition of "smaller companies" appearing in the highlighted box on
page 10 of the Series' Prospectus has been revised as follows:
"Smaller Companies: Companies with market
capitalization, at the time of purchase by
the Fund, equivalent to US $2 billion or less."
Global Growth Fund and International Growth Fund:
The following information replaces the paragraphs under "Management of the
Funds - Portfolio Management" under the section "International Growth Fund and
Global Growth Fund" on pages 22 and 23 of the Series' Prospectus:
"The International Growth Fund and the Global Growth Fund are managed by
Seligman's Global Growth Team, which is headed by Ms. Marion S. Schultheis.
Ms. Schultheis joined Seligman in May 1998 as a Managing Director. She is a Vice
President of Seligman Global Fund Series, Inc. and has been Portfolio Manager of
the Global Growth Fund since joining Seligman. Prior to joining Seligman, Ms.
Schultheis was a Managing Director at Chancellor LGT from October 1997 to May
1998 and Senior Portfolio Manager at IDS Advisory Group Inc. from August 1987 to
October 1997. Ms. Schultheis also manages Seligman Capital Fund, Inc. and
Seligman Growth Fund, Inc. She is a Vice President of Seligman Portfolios, Inc.
and Portfolio Manager of its Seligman Capital Portfolio, Seligman Large-Cap
Growth Portfolio. The Global Growth Team, which she heads, also manages Seligman
Global Growth Portfolio and Seligman International Growth Portfolio."
EQSGF1S2-10/2000
