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Supplement dated September 2, 1997
to Prospectus and Statement of Additional Information
Dated November 1, 1996
The Legends Fund, Inc.
The Prospectus and Statement of Additional Information are hereby amended as
follows:
On September 2, 1997, the name of the Dreman Value Portfolio was changed to
the Zurich Kemper Value Portfolio (the "Portfolio"). This was done to reflect
the name change of the Portfolio's Sub-Adviser from Dreman Value Advisors, Inc.
to Zurich Kemper Value Advisors, Inc. All references to the Dreman Value
Portfolio and Dreman Value Advisors, Inc. in the Prospectus and Statement of
Additional Information are hereby revised accordingly. Notwithstanding the name
changes, persons responsible for the day-to-day management of the Portfolio
remain the same.
This Supplement modifies the Prospectus and Statement of Additional Information
and should be read and retained.
