STRATEGIST GROWTH FUND INC
497, 1998-12-01
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Prospectus Supplement - November  30, 1998*

Strategist Growth Fund, Inc. (Sept. 29, 1998)
Strategist Special Growth Fund (S-6120 F) (9/98)

The following paragraph replaces the paragraph on Guru Baliga in the "Portfolio
managers" section in the prospectus:

James Johnson began managing this Fund in November 1998. He also is part of the
portfolio management team for Total Return Portfolio. He joined the Advisor in
1994 as an equity quantitative analyst for American Express Asset Management
Group. He has managed the focused research product for American Express Asset
Management Group since 1996. Prior to joining the Advisor, he served as an
equity quantitative analyst at Piper Capital Management, Inc.



S- 6120-11 A (11/98)

*Destroy September 30, 1999.



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