March 13, 2000
SUPPLEMENT TO THE PROSPECTUS OF
PIONEER MICRO-CAP FUND
DATED MARCH 30, 1999
The following information supplements the corresponding section in the
prospectus. Please consult the prospectus for the full text of the revised
section.
INVESTMENT STRATEGIES
The fund invests primarily in common stocks of micro-cap companies, that is
companies with market values of $500 million or less at the time of investment.
Normally, the fund invests at least 80% of its total assets in these
securities. The fund may continue to hold securities of any company if its
market value exceeds $500 million.
8210-00-0300
(C) Pioneer Funds Distributor, Inc.
Underwriter of Pioneer mutual funds
