ADDENDUM DATED MAY 21, 1998
TO PROSPECTUS DATED FEBRUARY 27, 1998
JWB AGGRESSIVE GROWTH FUND
CITY CENTER
810 RICHARD STREET, SUITE 123
HONOLULU, HAWAII 96813
The following information relating to minimum purchases of Fund shares replaces
the minimum purchase information contained on the Cover Page of the Prospectus
and the section of the Prospectus entitled "How To Purchase Shares".
"The minimum initial investment in the Fund for regular accounts is $1,000. The
minimum initial purchase for IRA accounts (or other qualified accounts) is $250.
Subsequent investments for regular or IRA accounts must be $50 or more. The Fund
is a pure No-Load Fund. There are no sales loads or other transaction fees. This
means that 100% of your initial investment is invested in shares of the Fund."
