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WARBURG PINCUS HIGH YIELD FUND
WARBURG PINCUS MUNICIPAL BOND FUND
WARBURG PINCUS STRATEGIC GLOBAL FIXED INCOME FUND
WARBURG PINCUS U.S. CORE EQUITY FUND
WARBURG PINCUS U.S. CORE FIXED INCOME FUND
WARBURG PINCUS EUROPEAN EQUITY FUND
WARBURG PINCUS EMERGING MARKETS II FUND
WARBURG PINCUS GLOBAL TELECOMMUNICATIONS FUND
WARBURG PINCUS INTERNATIONAL GROWTH FUND
WARBURG PINCUS LONG-SHORT MARKET NEUTRAL FUND
WARBURG PINCUS LONG-SHORT EQUITY FUND
WARBURG PINCUS SELECT ECONOMIC VALUE EQUITY FUND
Supplement to the Prospectuses and
Statements of Additional Information
The following supersedes certain information contained in the Prospectuses and
Statements of Additional Information of the Funds listed above in the relevant
sections entitled "Management - Investment Advisers", "The Fund in Detail",
"Investment Advisory and Servicing Arrangements" and "Management of the Funds -
Investment Advisers and Co-Administrators":
Effective January 1, 1999, BEA Associates, each Fund's investment adviser and a
subsidiary of Credit Suisse Group, has changed its name to Credit Suisse Asset
Management. The purpose of this name change is to better identify the adviser as
a member of the Credit Suisse Asset Management business unit, which is the
global asset management division of Credit Suisse Group, and will not affect the
adviser's organizational structure, management or investment personnel.
Dated: January 6, 1999 16-0199
for
WPBDT
WPCOR
WPEEQ
WPIST
WPLSF
WPSEV
