FIRST EAGLE SOGEN FUNDS, INC.

                          FIRST EAGLE SOGEN GLOBAL FUND

                         FIRST EAGLE SOGEN OVERSEAS FUND

                           FIRST EAGLE SOGEN GOLD FUND

                          FIRST EAGLE SOGEN MONEY FUND

SUPPLEMENT DATED JANUARY 13, 2000 TO PROSPECTUS DATED AUGUST 1, 1999.

FUND NAME CHANGES.  The names of the Company and of each Fund have been changed.
The Company,  SoGen Funds,  Inc. has been renamed First Eagle SoGen Funds,  Inc.
SoGen International Fund has been renamed First Eagle SoGen Global Fund ("Global
Fund") in order to reflect the "global" aspect of the fund's investments in both
U.S. and  international  securities.  In addition,  SoGen Overseas Fund has been
renamed First Eagle SoGen Overseas Fund ("Overseas  Fund"),  SoGen Gold Fund has
been renamed  First Eagle SoGen Gold Fund ("Gold Fund") and SoGen Money Fund has
been renamed First Eagle SoGen Money Fund ("Money Fund").

NEW INVESTMENT  ADVISORY  ARRANGEMENTS.  As approved by the shareholders of each
Fund at a Special Meeting of Shareholders held on December 22, 1999, Arnhold and
S. Bleichroeder Advisers, Inc. ("ASB Advisers") became the investment adviser to
each of the Funds  effective  as of December  31, 1999 under a contract  that is
substantially  identical  to the Funds'  prior  advisory  contract  with Societe
Generale Asset Management Corp.  ("SGAM Corp."),  except that each Fund now pays
accrued  advisory  fees on a  monthly  basis.  ASB  Advisers  is a  wholly-owned
subsidiary  of Arnhold and S.  Bleichroeder,  Inc.  ("ASB"),  a privately  owned
investment  firm that, on December 31, 1999,  acquired 80.1% of the  outstanding
equity  securities  of the  Funds'  prior  investment  adviser.  Mr.  Jean-Marie
Eveillard,  Chief  Executive  Officer of SGAM Corp.  and owner of the  remaining
19.9% of the  equity of SGAM  Corp.,  has  entered  into an  agreement  with ASB
providing  for the  eventual  sale of his shares of SGAM  Corp.  to ASB in three
installments over a period of approximately eight years.

The  primary  investment  management  team of SGAM Corp.,  including  Jean-Marie
Eveillard, has joined ASB Advisers and will continue to manage the portfolios of
the Funds.  The  investment  objectives  and policies of each Fund have remained
unchanged.

THE DISCLOSURE IN THE PROSPECTUS  UNDER  "MANAGEMENT OF THE COMPANY - INVESTMENT
ADVISER" IS REPLACED IN ITS ENTIRETY TO READ AS FOLLOWS:

Effective  December  31,  1999,  the adviser of the Company is ASB  Advisers,  a
wholly owned  subsidiary of ASB. ASB is the successor firm to two German banking
houses -- Gebr.  Arnhold founded in Dresden in 1864 and S. Bleichroeder  founded
in Berlin in 1803.  The firm  moved to New York  City in 1937 and  conducts  its
activities under the current name of Arnhold and S. Bleichroeder,  Inc. ASB uses
its  experience  and  worldwide  contacts to provide  asset  management,  global
securities   research  and  trading,   and   investment   banking   services  to
institutional clients throughout the world.

ASB Advisers is responsible for the continuous supervision and management of the
Funds under the  direction  of the Funds' Board of  Directors.  The advisory fee
rates paid by each of the Funds to ASB  Advisers  are the same as the rates that
the Funds paid to SGAM Corp.,  the Funds'  former  investment  adviser.  For the
fiscal year ended March 31, 1999,  Global Fund paid advisory fees equal to 1% of
the first $25  million  and 0.75% of the amount in excess of $25  million of its
average daily net asset value and Overseas Fund,  Gold Fund, and Money Fund paid
advisory fees equal to 0.75%, 0.75%, and 0.40%,  respectively,  of their average
daily net asset values.