OCTOBER 25, 1999
SUPPLEMENT TO THE PROSPECTUS OF
PIONEER INDO-ASIA FUND
DATED MARCH 1, 1999
The following policies will become effective on January 1, 2000.
REDEMPTION FEE AND EXCHANGE LIMITATION
The fund's redemption fee and exchange limitation policies are intended to
discourage short-term trading in fund shares. Short-term trading can increase
the expenses incurred by the fund and make portfolio management less efficient.
The redemption fee and exchange limitation policies may not apply to
transactions made through an omnibus account for fund shares. In determining
whether the redemption fee applies or the exchange redemption limit has been
reached, Pioneer may aggregate a series of transactions and/or fund accounts if
the accounts making the transactions appear to be under common ownership or
control. Pioneer may view accounts for which one person gives instructions or
accounts that act on advice provided by a single source to be under common
control.
REDEMPTION FEE
If you sell or exchange Class A shares worth more than $25,000 within 90 days of
any purchase of fund shares, the fund will apply a 2% fee to the entire amount
of your sale proceeds. In determining whether a redemption fee applies, Pioneer
may aggregate transactions made during any 90-day period and/or fund accounts
under common ownership or control.
This fee is payable to the fund and is not a deferred sales charge or
commission. The fee is calculated after any applicable sales charge is deducted
and is in addition to any sales charge paid. When you request a sale or
exchange, the fund will first process any shares that are not subject to the
fee. The fee does not apply to shares purchased by reinvesting dividend or
capital gain distributions, to systematic withdrawal plan transactions or to
transactions made through IRA or SEP-IRA accounts or employer-sponsored
retirement plans, including 401(k) plans, 403(b) plans, 457 plans,
profit-sharing and employee benefit plans. The fund may waive the fee if your
sale results from certain hardship situations including death, illness or a
natural disaster.
EXCHANGE LIMITATION
You may make up to four exchange redemptions of $25,000 or more per account per
calendar year out of the fund. Except as noted, you may make any number of
exchanges of less than $25,000. In determining whether the exchange redemption
limit has been reached, Pioneer may aggregate a series of exchanges (each valued
at less than $25,000) and/or fund accounts that appear to be under common
ownership or control.
The exchange limitation does not apply to automatic exchange transactions or to
exchanges made by participants in employer-sponsored retirement plans qualified
under Section 401 of the Internal Revenue Code. The exchange limitation may not
apply to transactions made through an omnibus account for fund shares.
7286-00-1099
(C)Pioneer Funds Distributor, Inc.
