<PAGE>

            SUPPLEMENT TO CURRENT STATEMENT OF ADDITIONAL INFORMATION
                                       OF
                          KEYSTONE FUND OF THE AMERICAS

         The Fund's statement of additional information is hereby supplemented
as follows:

         The Fund has adopted a nonfundamental investment restriction that
         generally prohibits the Fund from purchasing the securities of any
         open-end investment company except purchases in the open market
         provided that any such purchase will not result in duplication of sales
         charges or management fees.

         January 3, 1996



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission