J.P. MORGAN SERIES TRUST FUNDS
Supplement dated January 18, 2001 for all Prospectuses:
The merger of J.P. Morgan & Co. Incorporated, the former parent company of the
fund's adviser, J.P. Morgan Investment Management Inc. ("JPMIM"), with and into
The Chase Manhattan Corporation was consummated on December 31, 2000. J.P.
Morgan Chase & Co. is the new parent company of JPMIM, which will continue to
serve as the fund's adviser.
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