THE WORLD FUNDS, INC. (the "Company")
1500 FOREST AVENUE, SUITE 223
RICHMOND, VIRGINIA 23229
(800) 527-9525
CSI EQUITY FUND
CSI FIXED INCOME FUND
SUPPLEMENT DATED OCTOBER 25, 2000
TO THE STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 1, 2000
This Supplement updates certain information contained in the Statement of
Additional Information (the "SAI") dated January 1, 2000 regarding the CSI
Equity Fund and CSI Fixed Income Fund series (the "Funds") of the Company.
The following information is added to the Section entitled "Management Related
Services-Distributor" as presented on Page 10:
FDCC does not receive underwriting discounts and commissions, brokerage
commission or other compensation as a result of the sale of the Fund's shares.
The following information is added to the Section entitled "Portfolio
Transactions" as presented on page 11:
The Equity Fund paid brokerage commissions of $35,527 and $36,802 for the fiscal
years ended August 31, 1999 and 1998, respectively.
<PAGE>
THE WORLD FUNDS, INC. (the "Company")
1500 FOREST AVENUE, SUITE 223
RICHMOND, VIRGINIA 23229
(800) 527-9525
GENOMICSFUND.COM
SUPPLEMENT DATED OCTOBER 25, 2000
TO THE PROSPECTUS DATED MARCH 1, 2000
This Supplement updates certain information contained in the Prospectus dated
March 1, 2000 regarding the GenomicsFund.com series (the "Fund") of the Company.
The following information is added under the section entitled "Purchasing
Shares" as presented on Page 10:
Plan of Distribution.
The Fund has a Plan of Distribution or "12b-1 Plan" under which it may finance
certain activities primarily intended to sell shares, provided the categories of
expenses are approved in advance by the Board of Directors of the Company and
the expenses paid under the 12b-1 Plan were incurred within the preceding 12
months and accrued while the 12b-1 Plan is in effect. Because these fees are
paid out of the Fund's assets on an on-going basis, over time these fees will
increase the cost of your investment and may cost you more than paying other
types of sales charges.
<PAGE>
THE WORLD FUNDS, INC. (the "Company")
1500 FOREST AVENUE, SUITE 223
RICHMOND, VIRGINIA 23229
(800) 527-9525
THE NEW MARKET FUND
SUPPLEMENT DATED OCTOBER 25, 2000
TO THE STATEMENT OF ADDITIONAL INFORMATION DATED DECEMBER 29, 1999
This Supplement updates certain information contained in the Statement of
Additional Information (the "SAI") dated December 29, 1999 regarding The New
Market Fund series (the "Fund") of the Company.
The following information is added to the Section entitled "Management Related
Services-Distributor" as presented on Page 14:
For the fiscal period ended August 31, 1999, the Distributor received the
following compensation as a result of the sale of Fund shares.
Net Underwriting Compensation on
Discounts and Redemption Brokerage Other
Commissions and Repurchases Commissions Compensation
-------------- ----------------- -------------- ------------
$10,623 None None None
The following information is added to the Section entitled "Capital Stock and
Dividends - Distribution" as presented on Page 16:
The Fund paid brokerage commissions of $5,803 for the fiscal period ended August
31, 1999; such brokerage transactions have been executed through First Union
Securities, of which a beneficial owner of the Manager is a registered
representative. These commissions represented 100% of the Fund's total brokerage
commission paid for that fiscal period.
<PAGE>
THE WORLD FUNDS, INC. (the "Company")
1500 FOREST AVENUE, SUITE 223
RICHMOND, VIRGINIA 23229
(800) 527-9525
THE NEW MARKET FUND
SUPPLEMENT DATED OCTOBER 25, 2000
TO THE PROSPECTUS DATED DECEMBER 29, 1999
This Supplement updates certain information contained in the Prospectus dated
December 29, 1999 regarding The New Market Fund series (the "Fund") of the
Company.
The following information is added under the section entitled "Purchasing
Shares-Plan of Distribution" as presented on Page 7:
Because these fees are paid out of the Fund's assets on an on-going basis, over
time these fees will increase the cost of your investment and may cost you more
than paying other types of sales charges.
<PAGE>
THE WORLD FUNDS, INC. (the "Company")
1500 FOREST AVENUE, SUITE 223
RICHMOND, VIRGINIA 23229
(800) 527-9525
SAND HILL PORTFOLIO MANAGER FUND
SUPPLEMENT DATED OCTOBER 25, 2000
TO THE STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 1, 2000
This Supplement updates certain information contained in the Statement of
Additional Information (the "SAI") dated January 1, 2000 regarding the Sand Hill
Portfolio Manager Fund series (the "Fund") of the Company.
The following information is added to the Section entitled "Management Related
Services-Distributor" as presented on Page 16:
FDCC does not receive underwriting discounts and commissions, brokerage
commission or other compensation as a result of the sale of the Fund's shares.
The following information is being moved from the Section entitled "Management
Related Services" as presented on page 16 to the end of the Section entitled
"Portfolio Transactions" as presented on Page 17:
Aggregate brokerage for the last three fiscal years is as listed below:
1999 1/1/98-8/31/98 1997
---- -------------- -----
$12,778 $7,328 $6,474
<PAGE>
THE WORLD FUNDS, INC. (the "Company")
1500 FOREST AVENUE, SUITE 223
RICHMOND, VIRGINIA 23229
(800) 527-9525
THIRD MILLENNIUM RUSSIA FUND
SUPPLEMENT DATED OCTOBER 25, 2000
TO THE STATEMENT OF ADDITIONAL INFORMATION DATED DECEMBER 29, 1999
This Supplement updates certain information contained in the Statement of
Additional Information (the "SAI") dated December 29, 1999 regarding the Third
Millennium Russia Fund series (the "Fund") of the Company.
The following information is added to the Section entitled "Management Related
Services-Distributor" as presented on Page 11:
FDCC does not receive underwriting discounts and commissions, brokerage
commission or other compensation as a result of the sale of the Fund's shares.
The following information is added to the Section entitled "Portfolio
Transactions" as presented on Page 12:
The Fund paid brokerage commissions of $2,565 for the fiscal period ended August
31, 1999.
<PAGE>
THE WORLD FUNDS, INC. (the "Company")
1500 FOREST AVENUE, SUITE 223
RICHMOND, VIRGINIA 23229
(800) 527-9525
THIRD MILLENNIUM RUSSIA FUND
SUPPLEMENT DATED OCTOBER 25, 2000
TO THE PROSPECTUS DATED DECEMBER 29, 1999
This Supplement updates certain information contained in the Prospectus dated
December 29, 1999 regarding the Third Millennium Russia Fund series (the "Fund")
of the Company.
The following information is added under the section entitled "Purchasing
Shares-Plan of Distribution" as presented on Page 10:
Because these fees are paid out of the Fund's assets on an on-going basis, over
time these fees will increase the cost of your investment and may cost you more
than paying other types of sales charges.
