-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T+3EcpW40jldzD47gRNsItOUiydTkV1ndZiH7IaK33xq7BH9tiseumuampvCe3S1 Q6cjIIksrwIYxKrL/jfwdg== 0000950109-95-003955.txt : 19951002 0000950109-95-003955.hdr.sgml : 19951002 ACCESSION NUMBER: 0000950109-95-003955 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950928 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: AFFILIATED FUND INC CENTRAL INDEX KEY: 0000002691 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 136020600 STATE OF INCORPORATION: NY FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-10638 FILM NUMBER: 95576718 BUSINESS ADDRESS: STREET 1: 767 FIFTH AVE CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2128481870 MAIL ADDRESS: STREET 1: 767 FIFTH AVE STREET 2: 767 FIFTH AVE CITY: NEW YORK STATE: NY ZIP: 10153-0203 497 1 SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION SUPPLEMENT DATED SEPTEMBER 28, 1995 TO THE CURRENT STATEMENT OF ADDITIONAL INFORMATION OF LORD ABBETT AFFILIATED FUND. This page together with the Affiliated sales piece, constitutes the entire supplement dated September 28, 1995 to the Lord Abbett Affiliated Fund's current statement of additional information. SEC-required uniformly computed average annual rates of total return for Affiliated Fund at the current maximum sales charge of 5.75% for the following periods ended 6/30/95 were:
10 YEARS 5 YEARS 1 YEAR - -------------------------------------------------------------------------------- +12.55% +10.89% +16.30%
Past performance is no indication of future results. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. Total return is the percent change in value with all distributions reinvested. For more complete information about Affiliated Fund (or any other Lord Abbett- managed fund), including a description of charges and expenses, call your financial adviser or Lord, Abbett & Co. at 800-874-3733 for a prospectus. You should read the prospectus carefully before investing. If used after 9/30/95, this piece must be accompanied by Lord Abbett's Performance Quarterly for the most recently completed calendar quarter. If You Need Two More Reasons ... - -------------------------------------------------------------------------------- IT'S EASY We can automatically debit your bank checking account by a fixed-dollar amount twice a month, monthly, every other month or quarterly. To receive information on establishing an automatic investment plan (Invest-A-Matic), call 800-874-3733: . For existing Lord Abbett accounts, ask for an Invest-A-Matic Instructions and Authorization Form. . For new accounts, ask for a prospectus. The Invest-A-Matic section is in the application. The minimum initial investment amount for a new account is $250. LOW INVESTMENT AMOUNTS . Fixed investment amounts can be as low as $50 a month. ------------------------------ Don't Put Off Paying ------------------------------ Yourself Another Day... ------------------------------ Get Started Today! ------------------------------ [LOGO OF LORD ABBETT Lord, Abbett & Co. & CO. APPEARS HERE] Investment Management A Tradition of Performance Through Disciplined Investing - --------------------------------------------------------------------------- The GM Building * 767 Fifth Avenue * New York, NY 10153-0203 * 800-426-1130 LAC508118 (9/95) Most People Don't Plan to fail... They Fail To Plan ------- WITH SO MANY BILLS TO PAY ... - -------------------------------------------------------------------------------- -------------------- RENT/MORTGAGE -------------------- -------------------- TELEPHONE -------------------- -------------------- ELECTRICITY -------------------- -------------------- CAR INSURANCE -------------------- -------------------- HEAT -------------------- -------------------- LIFE INSURANCE -------------------- -------------------- TUITION -------------------- -------------------- MEDICAL -------------------- -------------------- SUBSCRIPTIONS -------------------- -------------------- CREDIT CARDS -------------------- ... HAVE YOU REMEMBERED TO PAY YOURSELF??? - -------------------------------------------------------------------------------- Investing for your future requires discipline. The trouble is, most people put off making regular investments -- but time has a funny way of sneaking past quickly. Don't get caught. There's an investment strategy that involves making regular, fixed investments for your future goals called dollar-cost averaging that can help you discipline your investing. WHAT IS DOLLAR-COST AVERAGING? - -------------------------------------------------------------------------------- It is a disciplined strategy in which you make systematic investments in the same dollar amount regardless of whether securities markets are moving up or down. When the share price of a mutual fund is low, the same investment dollars will buy more shares than they will when the fund's price is higher, thereby enabling investors to reduce their average share cost. DOLLAR-COST AVERAGING IS AVAILABLE ON MOST LORD ABBETT-MANAGED FUNDS. CALL YOUR FINANCIAL ADVISER - -------------------------------------------------------------------------------- Your financial adviser can help identify your investment needs and assess how dollar-cost averaging, using Lord Abbett's Invest-A-Matic service, can help you. Additionally, your financial professional can review your portfolio to see if any additional Lord Abbett funds might be appropriate for you. For example, investors reinvesting their dividends are seeking to grow their assets. If you are reinvesting in a fixed-income fund, why not talk to your financial professional about adding an equity fund? A systematic investment example using Affiliated Fund, which seeks long-term growth of capital and income without excessive fluctuations in market value, is illustrated below. SYSTEMATIC INVESTING RESULTS CAN BE IMPRESSIVE - -------------------------------------------------------------------------------- Here's an example of investing systematically in Lord Abbett's Affiliated Fund, one of the nation's oldest growth and income mutual funds. In order to plan for their son's college education costs, the Johnsons started a college fund when he was born with a $250 investment in Lord Abbett's Affiliated Fund. Every month they invested $100 in the Fund; they reinvested all dividends and capital gains distributions, which compounded their earnings. After 18 1/2 years, their son's college fund was worth $95,162. 12/31/76 - 6/30/95 [GRAPH APPEARS HERE] DOLLAR-COST AVERAGING GRAPH This graph indicates a hypothetical cumulative investment of $22,450, that between the period from 12/31/76 to 6/30/95, grew to a total value of $95,162 (assuming the reinvestment of all dividends and capital gains.)
CUMULATIVE TOTAL INVESTMENT VALUE 250 236 1,450 1,324 2,650 2,515 3,850 4,541 5,050 6,958 6,250 8,100 7,450 11,427 8,650 15,590 9,850 17,895 11,050 24,002 12,250 30,723 13,450 32,721 14,650 38,107 15,850 48,328 17,050 46,930 18,250 58,512 19,450 66,997 20,650 77,064 21,850 81,374 22,450 95,162
- -------------------------------------------------------------------------------- This hypothetical investment reflects the deduction of the maximum 5.75% sales charge for investments under $50,000. For account values over $50,000, the reduced sales charge of 4.75% was applied under Rights of Accumulation. A program of systematic investing does not guarantee a profit or protect against loss of principal in declining markets and, investors should consider their ability to buy shares continuously during periods of falling prices, when the value of their investments may be declining. -----END PRIVACY-ENHANCED MESSAGE-----