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American Odyssey Funds, Inc. Prospectus
Supplement
August 26, 1999
This information revises the May 1, 1999 prospectus and prospectus supplement
for American Odyssey Funds, Inc.
Item 5 of the prospectus supplement, the paragraph regarding Leland Crabbe, is
deleted. On page 17 of the prospectus, the paragraph regarding Diane Damskey,
is replaced with the following:
"Maryam Ettehadieh serves as Vice President and is a Portfolio Manager
at CSAM. She specializes in emerging markets. She joined CSAM in 1993
as a research analyst with primary research responsibilities for Spain,
Denmark, Belgium and Austria. She became a portfolio manager in 1994.
She currently has overall responsibility for the London and New York
emerging market teams. Ms. Ettehadieh has had responsibility for the
Global High-Yield Bond Fund since 1999."