MERRILL LYNCH CONSULTS INTERNATIONAL PORTFOLIO
497, 1995-04-11
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         MERRILL LYNCH CONSULTS INTERNATIONAL PORTFOLIO


                 Supplement dated April 11, 1995
              to Prospectus dated February 24, 1995


               Shares of the Fund are offered to clients of Merrill
Lynch Strategic Portfolio Advisor, a service designed by Merrill Lynch 
Pierce Fenner & Smith to provide business and individual clients with a 
comprehensive package of consulting, investment and account services, on the 
same terms as offered to clients of Merrill Lynch ConsultsSM Service. 


Code #16458-0295ALL





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