CARL DOMINO EQUITY INCOME FUND
SUPPLEMENT DATED DECEMBER 18, 1997
TO PROSPECTUS DATED MARCH 1, 1997
The following should be read in conjunction with the section titled "How To
Invest in the Fund" on page 7 of the Prospectus:
Effective December 21, 1997, you may make regular investments in the Fund with
an Automatic Investment Plan by completing the appropriate section of the
account application and attaching a voided personal check. Investments may be
made monthly to allow dollar-cost averaging by automatically deducting $100 or
more from your bank checking account. You may change the amount of your monthly
purchase at any time. For more information, please call the Transfer Agent at
800-506-9922.
