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SUPPLEMENT TO THE PROSPECTUS
WARBURG PINCUS WORLDPERKS MONEY MARKET FUND
WARBURG PINCUS WORLDPERKS TAX FREE MONEY MARKET FUND
The following supersedes contrary information in the section in the funds'
Prospectus entitled "Other Information -- About the Distributor".
Effective January 3, 2000, Provident Distributors, Inc., located at Four Falls
Corporate Center, West Conshohocken, PA 19428-2961, became the funds'
distributor, and is responsible for making the funds available to you.
Credit Suisse Asset Management Securities, Inc. (CSAMSI) provides certain
shareholder and other services related to the sale of the funds' shares and for
payments related to the funds' participation in the Northwest Airlines
WorldPerks program for which it is paid the distribution and service (12b-1) fee
described in the Prospectus.
Dated: January 7, 2000 FFNWF-16-0100A
