THE JUMPER STRATEGIC ADVANTAGE FUND
SUPPLEMENT DATED SEPTEMBER 1, 1999 TO
PROSPECTUS DATED JULY 15, 1998
Due to current adverse market conditions, the Advisor has determined
that the Fund should temporarily discontinue following the market neutral
investment strategy described in the section entitled "Investment Strategy"
starting on page 4 of the Prospectus.
As a result:
o the Advisor will, as quickly as the Advisor considers
prudent, sell from the Fund's portfolio the underlying
funds and market neutral mutual funds described in the
Prospectus; and
o until further notice, the Fund will invest primarily in
short term (maturing or having coupons which reset in
three years or less) investment grade fixed income
securities (see page 5 of the Prospectus).