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BERGER INSTITUTIONAL PRODUCTS TRUST
BERGER IPT - GROWTH FUND
BERGER IPT - GROWTH AND INCOME FUND
SUPPLEMENT DATED JULY 28, 2000
TO
PROSPECTUS DATED MAY 1, 2000
Effective August 7, 2000, Berger LLC Executive Vice President and Chief
Investment Officer Jay W. Tracey III will be appointed portfolio manager of the
Berger IPT - Growth Fund, succeeding former manager Tino R. Sellitto. Also
effective August 7, 2000, Berger LLC Vice President Steven L. Fossel will be
appointed interim portfolio manager of the Berger IPT - Growth and Income Fund,
succeeding former manager Tino R. Sellitto until a successor manager is
appointed.
The section "Organization of the Funds" of the Prospectus is amended
accordingly.
