AETNA GENERATION PORTFOLIOS, INC.
Supplement dated August 14, 1998
The information in this Supplement updates and amends the information contained
in the Prospectus dated May 1, 1998. This Supplement should be read with that
Prospectus.
Effective August 3, 1998, the following replaces the section entitled
"Management of the Generation Portfolios--Jeanne Wong-Boehm" on pages 13 and
14:
Carl Baker, Vice President, Aeltus, assumed responsibility for the selection of
U.S. Dollar Bonds for the Portfolios in August 1998. Mr. Baker joined Aeltus in
1987 and manages fixed-income portfolios employing different strategies.
Jeanne Wong-Boehm, Managing Director, Aeltus, is responsible for the selection
of money market investments for the Portfolios. Ms. Wong-Boehm joined Aetna in
1983 as a fixed income portfolio analyst and in 1989 she was assigned primary
responsibility for the money market operations.
The following replaces the reference to "Transfer, Dividend Disbursing and
Redemption Agent" on the back cover of the Prospectus:
TRANSFER, DIVIDEND DISBURSING
AND REDEMPTION AGENT
First Data Investors Services Group, Inc.
4400 Computer Drive
Westborough, Massachusetts 01581
X.Aetna-98-2 August 1998
