Supplement to:
CALVERT NEW WORLD FUND, INC.
CALVERT NEW AFRICA FUND
Prospectus dated July 31, 2000
Date of Supplement: December 19, 2000
The following is added to the cover page of the Prospectus:
The Board of Directors have approved a resolution to "merge" the Calvert New
Africa Fund, a series of the Calvert New World Fund, Inc., into the Calvert
South Africa Fund, a series of Calvert Impact Fund, Inc.
Calvert New Africa Fund shareholders will be asked to vote on the proposed
merger and must approve the transaction before any change may take place. If
shareholders approve the transaction, your shares of the Calvert New Africa Fund
will be exchanged for shares of the Calvert South Africa Fund. The number of
Calvert South Africa Fund shares you receive will depend on the value of your
Calvert New Africa Fund shares at the time the merger takes place.
A filing is being made with the Securities and Exchange Commission detailing the
proposed changes pursuant to the merger. It will be sent to shareholders further
explaining the proposed Agreement and Plan of Reorganization, which will not be
implemented before shareholder approval.
