March 15, 2000
Supplement to the Prospectus of
Pioneer Independence Fund
dated May 3, 1999
The following information supplements the corresponding section
in the prospectus.
Portfolio manager
Day-to-day management of the fund's portfolio is the responsibility of a team
of portfolio managers and analysts supervised by Theresa A. Hamacher (who
previously co-managed the fund's investments) and including the fund's assistant
portfolio manager, Craig M. Giventer. This team meets to discuss holdings,
prospective investments and portfolio composition and manages and provides
research for the fund and other Pioneer mutual funds with similar investment
objectives or styles.
Ms. Hamacher, chief investment officer of Pioneer has general responsibility
for Pioneer's investment operations. Ms. Hamacher joined Pioneer in 1997 and
has been an investment professional since 1984, most recently as chief
investment officer at another investment adviser. Mr. Giventer, a vice president
of Pioneer, joined Pioneer as an analyst in, and has been an investment
professional since, 1997.
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© Pioneer Funds Distributor, Inc.
Underwriter of Pioneer mutual funds
