PSCVS-1-699x
Chase Vista Select Funds
Supplement Dated October 1, 1999
Prospectus Dated December 29, 1998
The following two paragraphs replace the first two paragraphs in "The Portfolio
Manager" section on page 68 of the Prospectus:
Select Short-Term Bond Fund
The portfolio managers are Andrew Russell, a Vice President and Portfolio
Manager at Chase and Timothy Neumann. They have been responsible for the Fund
since June 1996 and October 1999 respectively. Mr. Russell joined Chase in 1990
and has held several positions within the U.S. fixed income area, including
portfolio analyst, taxable fixed-income trader and assistant trader. Mr Russell
is a member of the U.S. fixed income area's quantitative research team.
Mr. Neumann has been active in the asset management business since 1984 with
experience in both managing and trading fixed income portfolios. Before joining
Chase, Mr. Neumann was the portfolio manager for Lehman Brothers Global Asset
Management mortgage-backed securities accounts. Prior to Lehman, he managed
fixed income portfolios at Allstate Insurance.
The following text replaces the fourth and fifth paragraphs in "The Portfolio
Manager" section on page 68 of the Prospectus:
Select Bond Fund
The portfolio managers are and Mr. Russell and Timothy Neumann. Mr Russell has
been responsible for the Fund since May 1998. Mr. Neumann has been responsible
for the Funds since October of 1999. Mr. Neumann, has been active in the asset
management business since 1984 with experience in both managing and trading
fixed income portfolios. Before joining Chase, Mr. Neumann was the portfolio
manager for Lehman Brothers Global Asset Management mortgage-backed securities
accounts. Prior to Lehman, he managed fixed income portfolios at Allstate
Insurance.
SCVS2-36-1099
