TIP FUNDS
TURNER LARGE CAP GROWTH EQUITY FUND
TURNER GROWTH EQUITY FUND
TURNER MIDCAP GROWTH FUND
TURNER SMALL CAP GROWTH FUND
TURNER MICRO CAP GROWTH FUND
Supplement dated August 27, 1999
To Prospectus dated July 1, 1999
THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED IN
THE PROSPECTUS AND SHOULD BE READ IN CONJUNCTION WITH THE PROSPECTUS.
Under the heading "Strategy" on pages 2, 4, 6, 8, and 10 of the
prospectus, the last sentence of the first paragraph has been deleted and
replaced with the following:
Portfolio exposure is limited to a maximum percentage of the Fund's
assets in any single issue. The Fund may hold up to 200% of the index
weighting of the securities that comprise between 1% and 5% of the
benchmark index, and up to 150% of the index weighting of the
securities that comprise more than 5% of the benchmark index.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
TUR-A-026-04