VEDDER, PRICE, KAUFMAN & KAMMHOLZ
222 NORTH LASALLE STREET
CHICAGO, ILLINOIS 60601-1003
312-609-7500
FACSIMILE: 312-609-5005
April 8, 1998
VIA EDGAR TRANSMISSION
Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549
Re: Pacific Innovations Trust
Registration Nos. 33-14191 and 811-07863
Ladies and Gentlemen:
On behalf of Pacific Innovations Trust ("Pacific Innovations") and pursuant
to Rule 497(e) of the Securities Act of 1933, attached herewith for filing
please find a supplement dated April 8, 1998 to Pacific Innovations'
Prospectus dated September 2, 1997.
Questions and comments concerning the enclosed materials may be directed
to the undersigned at (312) 609-7532.
Very truly yours,
/s/Mark L. Winget
PACIFIC INNOVATIONS TRUST
Supplement dated April 8, 1998 to Prospectus dated September 2, 1997
Effective April 3, 1998, James L. Callinan is responsible for managing
the Aggressive Growth Fund. Mr. Callinan has managed the Robertson
Stephens Emerging Growth Fund since July 1996. From 1986 until June 1996,
Mr. Callinan was employed by Putnam Investments, where, beginning in June
1994, he served as portfolio manager of the Putnam OTC Emerging Growth
Fund. Mr. Callinan received an A.B. in economics from Harvard College,
an M.S. in accounting from New York University, an M.B.A. from Harvard
Business School, and is a Chartered Financial Analyst.
