NORTHSTAR VARIABLE TRUST
Prospectus Supplement dated
December 11, 1997 to Prospectus dated August 8, 1997
The disclosure on pages 1, 13 and 15 of the Prospectus is hereby amended to
reflect that:
Effective January 1, 1998, the Northstar Variable Trust Income and Growth
Portfolio's (the "Portfolio's") sole portfolio manager will be Geoffrey
Wadsworth; Northstar Investment Management Corporation will no longer be using
the services of Wilson/Bennett Capital Management, Inc. or the Portfolio's
previous co-manager Jack Fisher.
--------------------------
THIS SUPPLEMENT DOES NOT REPLACE ANY PRIOR SUPPLEMENTS TO THE PROSPECTUS.
