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Previous: MITCHELL HUTCHINS LIR MONEY SERIES, 497, 2000-02-03 |
Next: CRITICAL PATH INC, 8-K, 2000-02-03 |
<PAGE>
LIR LIQUID ASSETS FUND
SUPPLEMENT TO PROSPECTUS DATED DECEMBER 22, 1999
February 3, 2000
Dear Investor,
Mitchell Hutchins Asset Management Inc. has decided to waive its entire
management fees (0.03%) from the Fund so that the effective total fund operating
expenses will be 0.18%. This voluntary waiver may be discontinued in the future.
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