GABELLI GLOBAL SERIES FUNDS INC
497, 1995-07-11
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                        GABELLI GLOBAL SERIES FUNDS, INC.

                   Supplement to Prospectus Dated May 1, 1995


     The Gabelli Global  Telecommunications Fund, The Gabelli Global Interactive
Couch Potato(TM)(R) Fund and The Gabelli Global Convertible Securities Fund will
continue to be offered at net asset value through April 30, 1996.


June 30, 1995






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