BERGER/BIAM INTERNATIONAL FUND
SUPPLEMENT DATED OCTOBER 15, 1996
TO PROSPECTUS DATED OCTOBER 15, 1996
Orders to purchase shares of Berger/BIAM International Fund will not
be processed until the Fund commences operations, currently scheduled
for November __, 1996. Orders to purchase Fund shares that are
received before November __, 1996 will be treated as orders to
purchase Fund shares as of the commencement of operations and will be
accepted by the Fund and invested at the initial public offering price
of $10 per share on November __, 1996. Payments accompanying any
order received prior to that date will be held uncashed and uninvested
by the Fund's transfer agent until processed on November __, 1996.
