CDC NVEST LARGE CAP VALUE FUND
                        CDC NVEST GROWTH AND INCOME FUND

   Supplement dated February 22, 2002 to CDC Nvest Equity Funds Prospectuses
 Classes A, B and C and Class Y dated May 1, 2001 as revised November 14, 2001

The  Dividend  Payment   Schedule  in  the  section   entitled   "Dividends  and
Distributions"  is amended to reflect that,  effective May 1, 2002, the dividend
payment  frequency will change for CDC Nvest Large Cap Value Fund from quarterly
to  annually  and for CDC Nvest  Growth and Income  Fund from  semi-annually  to
annually.



                                                                      SP162-0202