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STI CLASSIC VARIABLE TRUST
INVESTMENT GRADE BOND FUND
CAPITAL GROWTH FUND
VALUE INCOME STOCK FUND
AGGRESSIVE GROWTH FUND
SUPPLEMENT DATED MARCH 29, 1996 TO
PROSPECTUS DATED AUGUST 18, 1995
(AS AMENDED OCTOBER 2, 1995)
This supplement provides new and additional information beyond that
contained in the Prospectus and should be retained and read in conjunction with
such Prospectus.
The Board of Trustees, at a meeting held on February 21, 1996 approved a
change of name for the Aggressive Growth Fund to Mid-Cap Equity Fund (the
"Fund") and adopted new policies for the Fund. These changes are designed to
reflect more accurately the investment policies of the Fund. The following
should be read in conjunction with the description of the Fund's investment
objective that appears on page 4 of the Prospectus, and replaces the first
paragraph in the discussion of the Fund's Investment Policies that appears on
page 6 of the Prospectus:
MID-CAP EQUITY FUND
The Mid-Cap Equity Fund invests primarily in a diversified portfolio
of common stocks, preferred stocks, and securities convertible into
common stocks of small to midsize companies, (i.e., $50 million to $1
billion and $500 million to $5 billion, respectively, as measured by
their market capitalization), with above-average growth of earnings.
Under normal conditions, at least 80% of the total assets of the Fund
will be invested in equity securities, and as a matter of
non-fundamental policy, the Fund will invest at least 65% of its assets
in midsize companies. Current income will not be an important criterion
of investment selection and any such income should be considered
incidental. In selecting securities for the Fund, the Advisor will
evaluate factors such as the issuer's background, industry position,
historical returns on equity and experience and qualifications of the
management team.
PLEASE RETAIN FOR FUTURE REFERENCE
