497 1 putggf1.txt PUTNAM GLOBAL GROWTH FUND 73907 Prospectus Supplement dated July 16, 2001 to: ------------------------------------------------------------------------------- Putnam Global Growth Fund (the "fund") Prospectuses dated February 28, 2001 The second paragraph under the heading "Who manages the fund" is replaced with the following: The following officers of Putnam Management have primary responsibility for the day-to-day management of the fund's portfolio since the year shown below. Their experience as portfolio managers or investment analysts over at least the last five years is also shown. ------------------------------------------------------------------------------- Manager Since Experience ------------------------------------------------------------------------------- Robert J. Swift 1996 1995 - Present Putnam Management Managing Director ------------------------------------------------------------------------------- Kelly A. Morgan 1997 1996 - Present Putnam Management Managing Director Prior to Dec. 1996 Alliance Capital Management L.P. ------------------------------------------------------------------------------- Stephen P. Dexter 1999 1999 - Present Putnam Management Senior Vice President Prior to June 1999 Scudder Kemper Inc. ------------------------------------------------------------------------------- Lisa H. Svensson 1998 1994 - Present Putnam Management Senior Vice President ------------------------------------------------------------------------------- Anthony R. Sellitto 2001 2000 - Present Putnam Management Senior Vice President Prior to Sept. 2000 Berger Associates Prior to Jan. 1998 Crestone Capital Management -------------------------------------------------------------------------------