497 1 0001.txt Supplement dated September 6, 2000 to the current Statement of Additional Information for the following Funds Delaware American Government Bond Fund Delaware American Services Fund Delaware Balanced Fund Delaware Blue Chip Fund Delaware Corporate Bond Fund Delaware Decatur Equity Income Fund Delaware Delchester Fund Delaware Devon Fund Delaware Diversified Growth Fund Delaware Diversified Value Fund Delaware Emerging Markets Fund Delaware Extended Duration Bond Fund Delaware Foundation Funds Balanced Portfolio Delaware Foundation Funds Growth Portfolio Delaware Foundation Funds Income Portfolio Delaware Global Bond Fund Delaware Global Equity Fund Delaware Growth and Income Fund Delaware Growth Opportunities Fund Delaware Growth Stock Fund Delaware High-Yield Opportunities Fund Delaware International Equity Fund Delaware International Small Cap Fund Delaware Large Cap Growth Fund Delaware Limited-Term Government Fund Delaware Mid-Cap Value Fund Delaware New Pacific Fund Delaware Overseas Equity Fund Delaware REIT Fund Delaware Research Fund Delaware Retirement Income Fund Delaware S&P 500 Index Fund Delaware Select Growth Fund Delaware Small Cap Contrarian Fund Delaware Small Cap Value Fund Delaware Social Awareness Fund Delaware Strategic Income Fund Delaware Technology and Innovation Fund Delaware Trend Fund Delaware U.S. Government Securities Fund Delaware U.S. Growth Fund The following amends the section of the Statement of Additional Information entitled Buying Class A Shares at Net Asset Value under Purchasing Shares: Purchases of Class A Shares at net asset value may also be made by any group retirement plan (excluding defined benefit pension plans) that purchases shares through a retirement plan alliance program that requires shares to be available at net asset value, provided Retirement Financial Services, Inc. either is the sponser of the alliance program or has a product participation agreement with the sponsor of the alliance program. The last paragraph in the section in the Statement of Additional Information entitled Group Investment Plans under Purchasing Shares is amended and supplemented as follows: The Limited CDSC is generally applicable to any redemptions of net asset value purchases made on behalf of a group retirement plan on which a dealer's commission has been paid only if such redemption is made pursuant to a withdrawal of the entire plan from a fund in the Delaware Investments family. See Contingent Deferred Sales Charge for Certain Redemptions of Class A Shares Purchased at Net Asset Value under Redemption and Exchange. Notwithstanding the foregoing, the Limited CDSC for Class A Shares on which a dealer's commission has been paid will be waived in connection with redemptions by certain group defined contribution retirement plans that purchase shares through a retirement plan alliance program which requires that shares will be available at net asset value, provided that, Retirement Financial Services, Inc. either is the sponser of the alliance program or has a product participation agreement with the sponsor of the alliance program that specifies that the Limited CDSC will be waived. The section in the Statement of Additional Information entitled Waiver of Limited Contingent Deferred Sales Charge - Class A Shares under Redemption and Exchange is supplemented with the addition of clause (x) as follows: The Limited CDSC for Class A Shares on which a dealer's commission has been paid will be waived in the following instances: . . . (x) redemptions by certain group defined contribution retirement plans that purchase shares through a retirement plan alliance program which requires that shares will be available at net asset value, provided that, Retirement Financial Services, Inc. either is the sponser of the alliance program or has a product participation agreement with the sponsor of the alliance program that specifies that the Limited CDSC will be waived.