MONUMENT SERIES FUND, INC.
Monument Internet Fund
Monument Medical Sciences Fund
Monument Telecommunications Fund
NOTICE OF SPECIAL MEETING OF SHAREHOLDERS
MONUMENT SERIES FUND, INC. will host a Special Meeting of Shareholders
of its Internet, Medical Sciences and Telecommunications Fund series (which we
will refer to each as a "Fund," and together as the "Funds") on May 26, 2000
at 1:00 p.m. The meeting will be held at the Funds' offices at 7920
Norfolk Avenue, Suite 500, Bethesda, Maryland 20814. At the meeting we will
ask shareholders to consider the proposals listed below, and to transact
other business that properly comes before the meeting or any adjournments
that may result.
1. Reorganize Monument Series Fund, Inc. into a Delaware business trust.
2. Elect a Board of Trustees.
3. Ratify the selection of Deloitte & Touche, LLP as independent
accountants for the Fund.
4. Approve an amended investment advisory agreement for each series of the Fund.
5. Adjust the percentage of assets that must be invested consistent with each
series' principal investment strategy.
6. Restrict each Fund's investment strategy by requiring that portfolios be
deemed diversified under the Investment Company Act of 1940.
7. Convert an investment limitation on short sales of securities from
fundamental to nonfundamental.
The Board of Directors has fixed the close of business on April 7, 2000 as
the record date for the determination of the shareholders of each Fund
entitled to notice of, and to vote at, the Meeting and any adjournments of
the Meeting.
By order of the Board of Directors,
David A. Kugler, President
April 17, 2000
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YOUR VOTE IS IMPORTANT!
You can vote easily and quickly by toll-free telephone call, at the
website, or by mail. Follow the instructions on your enclosed proxy card.
Please help your Fund avoid the expense of a follow-up mailing by voting
today!
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