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SUPPLEMENT DATED NOVEMBER 30, 1999 TO BE ATTACHED TO THE
DIVERSIFIED INVESTORS VARIABLE FUNDS/THE DIVERSIFIED INVESTORS
STRATEGIC VARIABLE FUNDS PROSPECTUS
DATED MAY 3, 1999
Effective November 17, 1999, Diversified Investment Advisors, Inc.
("Diversified") terminated its Subadvisory Agreement with respect to the Special
Equity Portfolio with Pilgrim Baxter & Associates, Ltd. and entered into a new
Subadvisory Agreement with respect to the Special Equity Portfolio with Husic
Capital Management L.P. ("Husic"). Husic was founded in March 1986 and is a
California limited partnership. The General Partner of Husic is Frank J. Husic &
Co., a California corporation ("Husic & Co."). Mr. Frank J. Husic is the sole
shareholder of Husic & Co. Husic has been a registered investment adviser since
1986. The principal business address of Husic is 555 California Street, Suite
2900, San Francisco, California 94104. Investment management decisions of Husic
are made by committee and not by managers individually.
All information in the Diversified Investors Variable Funds/the Diversified
Investors Strategic Variable Funds prospectus dated May 3, 1999 relating to the
Special Equity Series/Portfolio is hereby supplemented and/or superseded, as
appropriate, by the information set forth in the preceding paragraph of this
Prospectus Supplement.
2892 (11/1999) 33-73734
333-08543
