PBHG INSURANCE SERIES FUND, INC.
SUPPLEMENT DATED JUNE 1, 1998 TO THE
PROSPECTUS DATED MAY 1, 1998
This Supplement updates certain information contained in the above-dated
Prospectus. You should retain both this Supplement and the Prospectus for future
reference. You may obtain an additional copy of the Prospectus, free of charge,
by calling 1-800-347-9256.
Effective June 1, 1998, Jeffrey Wrona is the sole portfolio manager of the
Growth II Portfolio. Gary L. Pilgrim, who managed the Portfolio from its
inception and co-managed the Portfolio with Mr. Wrona since January 1998, no
longer co-manages the Portfolio.
Effective December 9, 1997, Gary D. Haubold replaced James H. Farrell as
portfolio manager of the Large Cap Value Portfolio.
On May 15, 1998, CoreStates Bank, N.A. merged with First Union National Bank,
which now serves as custodian for the Company. The address of First Union
National Bank is 530 Walnut Street, Philadelphia, Pennsylvania 19106.
<PAGE>
PBHG INSURANCE SERIES FUND, INC.
SUPPLEMENT DATED JUNE 1, 1998 TO THE
PROSPECTUS DATED MAY 1, 1998
PBHG GROWTH II PORTFOLIO
PBHG TECHNOLOGY & COMMUNICATIONS PORTFOLIO
This Supplement updates certain information contained in the above-dated
Prospectus. You should retain both this Supplement and the Prospectus for future
reference. You may obtain an additional copy of the Prospectus, free of charge,
by calling 1-800-347-9256.
Effective June 1, 1998, Jeffrey Wrona is the sole portfolio manager of the
Growth II Portfolio. Gary L. Pilgrim, who managed the Portfolio from its
inception and co-managed the Portfolio with Mr. Wrona since January 1998, no
longer co-manages the Portfolio.
On May 15, 1998, CoreStates Bank, N.A. merged with First Union National Bank,
which now serves as custodian for the Company. The address of First Union
National Bank is 530 Walnut Street, Philadelphia, Pennsylvania 19106.
<PAGE>
PBHG INSURANCE SERIES FUND, INC.
SUPPLEMENT DATED JUNE 1, 1998 TO THE
PROSPECTUS DATED MAY 1, 1998
PBHG GROWTH II PORTFOLIO
PBHG SMALL CAP VALUE PORTFOLIO
PBHG LARGE CAP VALUE PORTFOLIO
PBHG TECHNOLOGY & COMMUNICATIONS PORTFOLIO
PBHG SELECT 20 PORTFOLIO
This Supplement updates certain information contained in the above-dated
Prospectus. You should retain both this Supplement and the Prospectus for future
reference. You may obtain an additional copy of the Prospectus, free of charge,
by calling 1-800-347-9256.
Effective June 1, 1998, Jeffrey Wrona is the sole portfolio manager of the
Growth II Portfolio. Gary L. Pilgrim, who managed the Portfolio from its
inception and co-managed the Portfolio with Mr. Wrona since January 1998, no
longer co-manages the Portfolio.
Effective December 9, 1997, Gary D. Haubold replaced James H. Farrell as
portfolio manager of the Large Cap Value Portfolio.
On May 15, 1998, CoreStates Bank, N.A. merged with First Union National Bank,
which now serves as custodian for the Company. The address of First Union
National Bank is 530 Walnut Street, Philadelphia, Pennsylvania 19106.
<PAGE>
PBHG INSURANCE SERIES FUND, INC.
SUPPLEMENT DATED JUNE 1, 1998 TO THE
PROSPECTUS DATED MAY 1, 1998
PBHG GROWTH II PORTFOLIO
PBHG LARGE CAP GROWTH PORTFOLIO
This Supplement updates certain information contained in the above-dated
Prospectus. You should retain both this Supplement and the Prospectus for future
reference. You may obtain an additional copy of the Prospectus, free of charge,
by calling 1-800-347-9256.
Effective June 1, 1998, Jeffrey Wrona is the sole portfolio manager of the
Growth II Portfolio. Gary L. Pilgrim, who managed the Portfolio from its
inception and co-managed the Portfolio with Mr. Wrona since January 1998, no
longer co-manages the Portfolio.
On May 15, 1998, CoreStates Bank, N.A. merged with First Union National Bank,
which now serves as custodian for the Company. The address of First Union
National Bank is 530 Walnut Street, Philadelphia, Pennsylvania 19106.
<PAGE>
PBHG INSURANCE SERIES FUND, INC.
SUPPLEMENT DATED JUNE 1, 1998 TO THE
PROSPECTUS DATED MAY 1, 1998
PBHG GROWTH II PORTFOLIO
PBHG LARGE CAP GROWTH PORTFOLIO
PBHG TECHNOLOGY & COMMUNICATIONS PORTFOLIO
This Supplement updates certain information contained in the above-dated
Prospectus. You should retain both this Supplement and the Prospectus for future
reference. You may obtain an additional copy of the Prospectus, free of charge,
by calling 1-800-347-9256.
Effective June 1, 1998, Jeffrey Wrona is the sole portfolio manager of the
Growth II Portfolio. Gary L. Pilgrim, who managed the Portfolio from its
inception and co-managed the Portfolio with Mr. Wrona since January 1998, no
longer co-manages the Portfolio.
On May 15, 1998, CoreStates Bank, N.A. merged with First Union National Bank,
which now serves as custodian for the Company. The address of First Union
National Bank is 530 Walnut Street, Philadelphia, Pennsylvania 19106.
<PAGE>