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Previous: KTI INC, 8-K/A, 1998-10-07 |
Next: MEADOW VALLEY CORP, 10-K405/A, 1998-10-07 |
PROSPECTUS SUPPLEMENT 47126
10/98
dated October 5, 1998 to:
_________________________________________________________________
_____________
PUTNAM GLOBAL EQUITY FUND (the "fund")
Prospectuses dated May 6, 1998
The third paragraph under the heading "How the fund is managed"
is replaced with the following:
The following officers of Putnam Investment Management, Inc.
("Putnam Management") have had primary responsibility for the day-
to-day management of the fund's portfolio since the years stated
below:
Business experience
Year (at least 5 years)
------- -------------------------
Roland Gillis 1998 Employed as an investment
Managing Director professional by
Putnam
Management since 1995.
Prior to March, 1995, Mr.
Gillis was a Senior Vice
President at
Keystone Custodian
Funds, Inc.
Robert Swift 1998 Employed as an investment
Managing Director professional by
Putnam
Management since 1995.
Prior to August, 1995,
Mr. Swift was Director
and Senior Portfolio
Manager at IAI
International/Hill Samuel
Investment Advisors.
Manuel Weiss 1998 Employed as an
investment
Senior Vice President professional by Putnam
Management since 1987.
Stephen Oler 1998 Employed as an
investment
Senior Vice President professional by
Putnam
Management since June,
1997. Prior to June,
1997, Mr. Oler
was a Vice President at
Templeton Investments,
and prior to March 1996,
was a Senior Vice
President at
Baring Asset Management
Co.
Jack P. Chang 1998 Employed as an investment
Vice President professional by
Putnam
Management
since 1997.
Prior to
July, 1997, Mr. Chang was
a Vice President and
Portfolio
Manager at Columbia
Management.
Olivier Rudigoz 1998 Employed as an investment
Vice President professional by Putnam
Management since 1998.
Prior to July, 1998, Mr.
Rudigoz was a Portfolio
Manager at Paribas Asset
Management.
S:\funds\supplement\d34supp.do c
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