Supplement Dated August 12, 1998
To Prospectus Dated September 30, 1997
Orbitex Strategic Natural Resources Fund, Orbitex Info-Tech &
Communications Fund,
Orbitex Growth Fund, Orbitex Asian High Yield Fund and
Orbitex Asian Select Advisors Fund (the "Funds")
The following information supplements the Prospectus dated September 30,
1997.
CLOSING OF ORBITEX ASIAN SELECT ADVISORS FUND
The Orbitex Asian Select Advisors Fund has been closed to all new
investment. You may contact 1-888-ORBITEX for additional information.
