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SUPPLEMENT TO THE PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION
WARBURG PINCUS MAJOR FOREIGN MARKETS FUND
The following information supplements certain information contained in the
fund's Prospectus and Statement of Additional Information.
Nancy Nierman joins Harold E. Sharon as Co-Portfolio Manager of the fund. Ms.
Nierman previously served as Associate Portfolio Manager of the fund. Vincent J.
McBride and Todd Jacobson continue to serve as Associate Portfolio Managers of
the fund. Harold W. Ehrlich no longer serves as Co-Portfolio Manager of the
fund.
Dated: October 18, 2000 WPISF-16-1000
