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THE LEGG MASON INTERNATIONAL EQUITY TRUST
Supplement to the Prospectus
Dated February 11, 1995
Effective April 10, 1995, the Fund's name will change to Legg
Mason Global Equity Trust. Its investment policy will continue to
emphasize investments in securities of companies located outside the
United States, but will be amended to specifically permit inclusion of
U.S. securities in the Fund's portfolio when the Adviser believes it is in
shareholders' best interests to do so. Accordingly, the Fund's policy
stated in the first sentence of the second paragraph of the cover page of
the Prospectus will read:
In attempting to achieve the Fund's objective, the Fund's
investment adviser, Batterymarch Financial Management,
Inc. ("Adviser"), normally will invest the Fund's assets
in common stocks of companies located anywhere in the
world, including the United States.
Under the section entitled "Prospectus Highlights" (page 2), the
second sentence under the sub-heading "Investment Objective and Policies"
will read:
The Fund attempts to meet this objective by investing
primarily in common stocks of companies located anywhere
in the world. Under normal circumstances, the Fund will
invest in equity securities of issuers located in at
least three different countries.
Under the section entitled "Investment Objective and Policies"
(page 4), the second through fourth sentences will read:
The Fund attempts to meet this objective by investing
primarily in common stocks of companies located anywhere
in the world, including the United States. Under normal
circumstances, the Fund will invest in equity securities
of issuers located in at least three different countries.
The Adviser examines securities from over 20 stock
markets, with emphasis on several of the largest --
Japan, the United Kingdom, France, Canada, Germany and
the United States.
Dated: March 21, 1995
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THE LEGG MASON INTERNATIONAL EQUITY TRUST
Supplement to the Statement of Additional Information
Dated February 11, 1995
Effective April 10, 1995, the Fund's name will change to Legg
Mason Global Equity Trust. Its investment policy will continue to
emphasize investments in securities of companies located outside the
United States, but will be amended to specifically permit inclusion of
U.S. securities in the Fund's portfolio when the Adviser believes it is in
shareholders' best interests to do so. Accordingly, the Fund's policy
stated in the third sentence of the first paragraph of the cover page of
the Statement of Additional Information will read:
In attempting to achieve the Fund's objective, the Fund's
investment adviser, Batterymarch Financial Management,
Inc. ("Adviser"), normally will invest in common stocks
of companies in at least three different countries.
Dated: March 21, 1995
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