WRIGHT MANAGED BLUE CHIP SERIES TRUST
497, 2000-09-11
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                            Supplement to Prospectus
                                       of

                    The Wright Managed Blue Chip Series Trust
                                     for the

                       Wright Selected Blue Chip Portfolio
                                     and the

                    Wright International Blue Chip Portfolio
                                dated May 1, 2000



         As of the  date of this  Supplement,  the Wright  Selected  Blue  Chip
         Portfolio and Wright International  Blue Chip Portfolio will no longer
         be available  for purchase.  The  portfolios  will be liquidated as of
         December 15, 2000. The proceeds of each portfolio's liquidation will be
         distributed  proportionately  to any  remaining  shareholders of  that
         portfolio.

         Holders of variable  contracts  that use the  portfolios as investment
         vehicles should contact the insurance company issuing the contract for
         information about how to change funds underlying their contracts.







         September 12, 2000




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