SUPPLEMENT DATED DECEMBER 9, 1999
TO PROSPECTUS DATED DECEMBER 8, 1999
WESTCOTT FUNDS
Westcott Nothing But Net Fund
Westcott Fixed Income
Westcott Large-Cap Fund
UNTIL FURTHER NOTICE, THE WESTCOTT NOTHING BUT NET FUND CLASS A AND
INSTITUTIONAL CLASS IS THE ONLY FUND AVAILABLE FOR PURCHASE AT THIS TIME.
This Supplement, and the Prospectus dated December 8, 1999, contains
information that you should know before investing in a Fund and should be
retained for future reference. Additional information is included in the
Statement of Additional Information dated December 8, 1999, which has been filed
with the Securities and Exchange Commission and is incorporated herein by
reference. It is available upon request and without charge by calling
800-998-6658.