EXPRESS DIRECT GROWTH & INCOME FUND INC
497, 1997-06-09
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PROSPECTUS SUPPLEMENT June 9, 1997*
Strategist Growth and Income Fund, Inc. (Nov. 29, 1996)
 Form No. S-6122 C (11/96)

The  "Portfolio  manager"  section  of the  prospectus  is revised to delete the
reference to Paul Hopkins and to add the following:

Portfolio manager

Bill Westhoff  provides  day-to-day  portfolio  management for the international
equities portion of Total Return Portfolio.









































S-6122-1 A (6/97)
*Valid until next prospectus update
Destroy Nov. 28, 1997


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