59406 2/00
Prospectus Supplement
dated February 7, 2000 to:
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PUTNAM GLOBAL EQUITY FUND (the "Fund")
to Prospectus dated June 30, 1999, as revised on July 30, 1999
The second paragraph under the heading "Who manages the fund?" is replaced
with the following:
The following officers of Putnam Management have had primary responsibility
for the day-to-day management of the fund's portfolio since the years shown
below. Their experience as portfolio managers or investment analysts over
at least the last five years is also shown.
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Manager Since Experience
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Omid Kamshad 1998 1996-Present Putnam Management
Managing Director Prior to January 1996 Lombard Odier
International
Prior to April 1995 Baring Asset
Management Co.
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Justin M. Scott 1998 1988-Present Putnam Management
Managing Director
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Michael K. Arends 1999 1997-Present Putnam Management
Senior Vice President Prior to November 1997 Phoenix Duff & Phelps
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Stephen S. Oler 2000 1997-Present Putnam Management
Senior Vice President Prior to June 1997 Templeton Investments
Prior to March 1996 Baring Asset Management
Co.
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Michael P. Stack 1998 1997-Present Putnam Management
Senior Vice President Prior to November 1997 Independence Investment
Associates Inc.
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Paul C. Warren 1998 1997-Present Putnam Management
Senior Vice President Prior to May 1997 IDS Fund Management
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