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497
MASSMUTUAL INDEXED EQUITY FUND
Supplement dated November 4, 1999
to the Statement of Additional Information dated July 1, 1999
The Statement of Additional Information is changed as follows:
1. At page B-12 of the Statement of Additional Information, the following
changes are hereby made to the information provided for Stuart H. Reese: (i)
delete the designation of "President of the Trust"; and (ii) add "President and
Chief Executive Officer (since 1999), David L. Babson and Company Incorporated
(investment adviser)" at the end thereof.
2. Page B-15 of the Statement of Additional Information is hereby amended by
deleting John H. Southworth as Trustee of the Trust, and adding the following:
John V. Murphy* Trustee and President of the Trust
1295 State Street
Springfield, MA 01111
Age 50
Executive Vice President (since 1997), MassMutual; Executive Vice
President, Director and Chief Operating Officer (1995-1997), David L.
Babson and Company Incorporated (investment adviser); Senior Vice President
and Director (1995-1997), Potomac Babson Incorporated (investment adviser);
Chief Operating Officer (1993-1996), Concert Capital Management, Inc.
(investment adviser); Trustee and President (since 1999), MML Series
Investment Fund (open-end investment company); Trustee, MassMutual
Institutional Funds (1997-1999).
3. Pages B-15 to B-16 of the Statement of Additional Information are hereby
amended by deleting the references to Michael D. Hays, Mary Wilson Kibbe,
Stephen L. Kuhn, Charles C. McCobb, Jr., Edmond F. Ryan and Mark B. Ackerman in
their entirety, and substituting the following:
J. Spencer Williams Chief Financial Officer and Treasurer
1295 State Street of the Trust
Springfield, MA 01111
Age: 41
Senior Vice President (since 1998), Vice President (1997), MassMutual;
Senior Vice President (1996-1997), Vice President (1994-1995), Federated
Investors (investment adviser); Chief Financial Officer and Treasurer
(since 1999), MML Series Investment Fund (open-end investment company).
Frederick C. Castellani Vice President of the Trust
1295 State Street
Springfield, MA 01111
Age: 52
Senior Vice President (since 1996), MassMutual; Senior Vice President
(1993-1996), CIGNA (insurance and retirement services).
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Isaac Williams, Jr. Vice President of the Trust
1295 State Street
Springfield, MA 01111
Age: 41
Second Vice President (since 1998), MassMutual; Regional Director (1988-
1998), Peerless Insurance Company (property/casualty insurance company);
Vice President (since 1999), MML Series Investment Fund (open-end
investment company).
Thomas M. Kinzler Vice President and Secretary of the Trust
1295 State Street
Springfield, MA 01111
Age: 44
Vice President and Associate General Counsel (since 1999), Second Vice
President and Associate General Counsel (1996-1999), Assistant Vice
President and Counsel (1995-1996), Counsel (1989-1995), MassMutual; Vice
President and Secretary (since 1999), MML Series Investment Fund (open-end
investment company).
4. Page B-16 of the Statement of Additional Information is hereby amended by
deleting the information for Vernon J. Meyer in its entirety and substituting in
its place the following:
Vernon J. Meyer Vice President of the Trust
1295 State Street
Springfield, MA 01111
Age: 35
Vice President (since 1998), Second Vice President (1995-1998), Assistant
Vice President (1994-1995), MassMutual; Vice President (since 1999), MML
Series Investment Fund (open-end investment company).
5. Page B-17 of the Statement of Additional Information is hereby amended by
deleting the second paragraph under "Compensation" in its entirety, and
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substituting in its place the following:
The following table discloses the compensation paid to the Registrant's
non-interested Trustees for the calendar year ended December 31, 1998. The
Registrant has no pension or retirement plan, but does have a deferred
compensation plan. The plan provides for amounts deferred to be credited a
rate of interest set by the Board of Trustees from time to time, currently
eight percent (8%). No Trustee is currently entitled to receive any
benefits under such plan. Each of the non-interested Trustees also serves
as a Trustee of one other investment company managed by MassMutual. Total
Compensation from Registrant and Fund Complex reflects compensation paid in
the calendar year ended December 31, 1998.