497 1 d497.txt GOLDMAN SACHS VIT SUPPLEMENT DATED 8/1/01 Goldman Sachs Variable Insurance Trust Goldman Capital Growth Fund Goldman Sachs Growth and Income Fund Goldman Sachs Mid Cap Value Fund Goldman Sachs International Equity Fund ------------------- Supplement dated August 1, 2001 to Prospectus dated May 1, 2001 This Prospectus supplement highlights certain portfolio manager changes that have occurred in 2001. Robert G. Collins is no longer a member of the Growth Equity Investment team. He co-heads the International Equity Management Team with Susan Noble. The "Service Providers" section of the London-based portfolio management team is revised to reflect this addition:
Years Fund Primarily Name and Title Responsibility Responsible Five Year Employment History ------------------------------------------------------------------------------- Robert G. Senior Portfolio Since Mr. Collins joined the Collins Manager-- 2001 Investment Adviser as a Managing International portfolio manager and Co-Chair Director Equity Fund of the Growth Equity Investment Co-Head of Committee in 1997. From 1991 to International 1997, he was a portfolio manager Equity at Liberty Investment Management Team Management, Inc. -------------------------------------------------------------------------------
In addition, the following portfolio managers no longer have any Fund responsibility and their names should be deleted from the "Service Provid- ers" section of the Prospectus: Matthew B. McLennan; Meera Mayer; Danny Truell; Alice Lui and Ravi Shanker. VITSTCK 8-01