FIRST INVESTORS SERIES FUND II, INC.
Growth & Income Fund
Mid-Cap Opportunity Fund
Utilities Income Fund
FIRST INVESTORS SERIES FUND
Blue Chip Fund
Special Situations Fund
Total Return Fund
FIRST INVESTORS GLOBAL FUND, INC.
Supplement dated June 4, 1999
To Statement of Additional Information dated February 19, 1999
The following paragraph replaces the first paragraph under the section
entitled "UTILITIES INCOME FUND" on page 4 and 5:
"The Fund seeks its objective by investing, under normal market
conditions, at least 65% of its total assets in equity and debt securities
issued by companies primarily engaged in the public utilities industry.
Equity securities in which the Fund may invest include common stocks,
preferred stocks, securities convertible into common stocks or preferred
stocks and warrants to purchase common or preferred stocks. The portion of
the Fund's assets invested in equity securities and in debt securities
will vary from time to time due to changes in interest rates and economic
and other factors."
The following sentence replaces the first sentence of the third full
paragraph on page 5:
"The Fund may invest up to 35% of its total assets in the following
instruments: debt securities and common and preferred stocks of
non-utilities companies; U.S. Government Obligations; mortgage-backed
securities; cash; and money market instruments consisting of prime
commercial paper, bankers' acceptances, certificates of deposit and
repurchase agreements."
The following paragraph should be added after the third full paragraph on
page 5:
"The Fund may not invest more than 5% of its total assets in debt
securities rated below Baa by Moody's or BBB by S&P (so-called "junk
bonds"). See "Debt Securities," below, and Appendix A for a description of
corporate bond ratings. See "High Yield Securities.""
The following sentence replaces the first sentence of the section entitled
"HIGH YIELD SECURITIES-RISK FACTORS" on page 12:
"BLUE CHIP FUND, TOTAL RETURN FUND, GROWTH & INCOME FUND and UTILITIES
INCOME FUND may invest in high yield, high risk securities (commonly
referred to as "junk bonds") ("High Yield Securities")."
