ORCHARD SERIES FUND, 497, 1999-08-12

ORCHARD SERIES FUND
497, 1999-08-12

Previous: ASCENT PEDIATRICS INC, 10-Q, 1999-08-12

Next: COMMUNITYCORP, 10-Q, 1999-08-12







                                                                Rule 497(e) File
                                                                    No. 333-9217

                               ORCHARD SERIES FUND

                       Supplement dated August 10, 1999 to
                          the March 1, 1999 Prospectus


     The Orchard  Preferred Stock Fund,  Orchard Index European Fund and Orchard
     Index Pacific Fund are closed to new purchases and exchanges effective July
     26, 1999.

     Any person attempting to purchase shares of or effect exchanges  involving,
     these   Funds  will  be   contacted   immediately   to  discuss   alternate
     arrangements.  If you fail to make alternate arrangements,  purchase orders
     involving  these  Funds  will be  returned  to you with a request  that you
     provide alternate allocation instructions.  Exchange transactions involving
     these Funds will not be processed since these Funds are no longer available
     for  purchase;  we will contact you  immediately  to determine if you still
     wish to exchange out of the Fund in which are invested.