Supplement to Prospectus
of
Catholic Values Investment Trust Equity Fund
dated May 1, 2000
Effective as of the date of this Supplement, the Deferred Sales Charge
Box under the caption "Selling Shares" on page 5 of the Prospectus is
replaced by the following:
Deferred Sales Charge
If you redeem Individual Shares within the first year after
purchase you will pay a contingent deferred sales charge of 1%
deducted from the redemption proceeds. This charge will be
waived if the intermediary through which you bought these
shares has elected not to receive any up-front compensation
from WISDI. This charge may also be waived under certain other
circumstances. Please refer to your Shareholder Manual for
details on the contingent deferred sales charge.
July 1, 2000
