FIRST INVESTORS EQUITY FUNDS PROSPECTUS
Total Return
Growth & Income
Blue Chip
Utilities Income
Mid-Cap Opportunity
Special Situations
Global
Supplement dated February 26, 1999 to Prospectus dated February 19, 1999.
1. In the table appearing at the top of page 5, the performance of the S&P 500
Index since inception of the Total Return Fund's Class B shares (1/12/95) should
read as 30.41% rather than 10.41%.
2. In the table appearing at the bottom of page 11, the performance of the S&P
500 Index since inception of the Growth & Income Fund's Class A shares (10/4/93)
should read as 22.98% rather than 18.47%.
