BJURMAN MICRO-CAP GROWTH FUND
SUPPLEMENT TO PROSPECTUS
The Prospectus, dated July 29, 1998, of the Bjurman Micro-Cap Growth Fund
(the "Fund") is hereby amended to reflect a change in the Fund's calculation of
its net asset value. The following revises paragraphs two and three of the
disclosure in the section "Net Asset Value" on page 14 of the Prospectus:
"Market quotations are generally the last reported sales price on the principal
exchange on which the security trades, or if no sale price is reported, the
closing bid price is used. Securities traded over-the-counter are priced at the
last sale price (or if the last sale price is not readily available, at the last
bid price). When market quotations are not readily available, securities and
other assets are valued at fair value as determined in good faith under
procedures established by, and under the supervision of, the Board of Trustees.
Securities are valued through valuations obtained from a commercial pricing
service or at the last sale price provided by investment dealers in accordance
with procedures established by the Board of Trustees."
THE DATE OF THIS SUPPLEMENT IS MAY 26, 1999.
