MERRILL LYNCH CONSULTS INTERNATIONAL PORTFOLIO
SUPPLEMENT DATED FEBRUARY 25, 1994
PROSPECTUS DATED FEBRUARY 25, 1994
FOR USE IN WISCONSIN
Prospective Wisconsin investors should note that the Fund may invest up to
10% of its assets in restricted securities. It is the opinion of the Wisconsin
Securities Commissioner that investment in restricted securities in excess of 5%
of the Fund's total assets may be considered a speculative activity and may
involve greater risk and may increase the Fund's expenses.