MUTUAL FUND VARIABLE ANNUITY TRUST
SUPPLEMENT DATED SEPTEMBER 14, 1997
TO THE PROSPECTUS DATED DECEMBER 27, 1996
Effective 9/17/97, Patrick Quilty, a Vice President and Senior Fixed Income
Portfolio Manager at Chase, is responsible for the management of the U.S.
Government Income Portfolio. Mr. Quilty joined Chase in December 1996.
Prior to joining Chase, from 1994 through 1996, Mr. Quilty was a Vice
President and Portfolio Manager at ARM Capital Advisers, Inc. where he
managed mutual fund and institutional portfolios. From 1991 through 1994,
Mr. Quilty was a Portfolio Strategist at Lehman Brothers, Inc. where he
analyzed taxable fixed income portfolios.
