October 25, 2000
SUPPLEMENT TO THE PROSPECTUSES FOR
PIONEER INDEPENDENCE PLANS AND PIONEER INDEPENDENCE FUND
DATED MAY 1, 2000
(SUPERSEDES SUPPLEMENT DATED MAY 26, 2000)
The following supplements the information presented under the corresponding
section of the prospectus. All references in the supplemented prospectus to The
Pioneer Group, Inc. are changed to Pioneer Investment Management USA Inc.
PIONEER INDEPENDENCE PLANS
INVESTMENTS, WITHDRAWALS AND TERMINATIONS
TELEPHONE REQUESTS You are automatically authorized to make telephone
withdrawals and sales from your plan unless you indicate otherwise on your
plan application. You may not terminate your plan or exercise your cancellation
or surrender rights by phone. For personal assistance, call BFDS at
1-800-765-9565 weekdays between 8 a.m. and 6 p.m. Eastern time.
ADDITIONAL INFORMATION
NAME, POSITIONS AND OFFICES
DAVID D. TRIPPLE, CHAIRMAN AND DIRECTOR
Director, Chief Executive Officer and President of Pioneer Investment
Management USA Inc. (PIM-USA); President and a Director of Pioneer Investment
Management, Inc. (Pioneer Investments); Director of Pioneering Services
Corporation (PSC), Pioneer International Corporation (PIntl), Pioneer Management
(Ireland) Limited (PMIL), Pioneer America Fund Plc, Pioneer Emerging Europe Fund
Plc, Pioneer European Equity Fund Plc, Pioneer Euro Reserve Fund Plc, Pioneer
Global Bond Fund Plc, Pioneer Global Equity Fund Plc, Pioneer Greater Asia Fund
Plc, Pioneer U.S. Growth Fund Plc, Pioneer U.S. High Yield Fund Plc and Pioneer
US Real Estate Fund Plc; Member of the Supervisory Board of Pioneer First Polish
Investment Fund Joint Stock Company, Pioneer Czech Investment Company, a.s. and
Pioneer Asset Management S.A.; and Executive Vice President and Trustee of all
of the Pioneer mutual funds.
ERIC W. RECKARD, TREASURER
Chief Financial Officer of PIM-USA since October 2000; Executive Vice
President, Chief Financial Officer and Treasurer of PIM-USA from June 1999 to
October 2000; Treasurer of Pioneer Investments, PSC, PIntl and of all of the
Pioneer mutual funds since June 1999 (Assistant Treasurer of the funds prior to
June 1999); Vice President-Corporate Finance of PIM-USA from February 1999 to
June 1999; Manager of Fund Accounting, Business Planning and Internal Audit of
PIM-USA since September 1996; and Manager of Fund Accounting and Compliance of
PIM-USA from May 1995 to September 1996.
JOSEPH P. BARRI, CLERK
Corporate Secretary of PIM-USA and most of its subsidiaries; Secretary of all of
the Pioneer mutual funds; and Partner, Hale and Dorr LLP.
STEVEN M. GRAZIANO, DIRECTOR AND PRESIDENT
Executive Vice President - Domestic Distribution of Pioneer Investments.
DANIEL DART, EXECUTIVE VICE PRESIDENT
National sales manager of Pioneer Investments.
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SENIOR VICE PRESIDENTS: William A. Misata, William H. Spencer IV, Constance D.
Spiros and Marcy L. Supovitz.
SENIOR VICE PRESIDENTS, DIVISIONAL SALES MANAGERS: Nate Algiere, Sherwood L.
Harris and Jeffrey H. Saunders.
VICE PRESIDENTS: Barry G. Knight and Elizabeth A. Watson.
PIONEER INDEPENDENCE FUND
MANAGEMENT
The next paragraph replaces the section entitled "Pioneer Group":
PIONEER GLOBAL ASSET MANAGEMENT
Pioneer is part of Pioneer Global Asset Management, the asset management
subsidiary of UniCredito Italiano S.p.A., one of the largest banking groups in
Italy. Pioneer Global Asset Management provides investment management and
financial services to mutual funds, institutional and other clients. As of
October 25, 2000, Pioneer Global Asset Management has over $100 billion in
assets under management worldwide, including over $23 billion in assets under
management by Pioneer.
INVESTMENT ADVISER
Pioneer's main office is at 60 State Street, Boston, Massachusetts 02109.
9389-00-1000
(C) Pioneer Funds Distributor, Inc.
