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WARBURG PINCUS GLOBAL TELECOMMUNICATIONS FUND
WARBURG PINCUS GLOBAL HEALTH SCIENCES FUND
WARBURG PINCUS EMERGING MARKETS FUND
WARBURG PINCUS TRUST -- EMERGING MARKETS PORTFOLIO
CREDIT SUISSE INSTITUTIONAL FUND, INC. -- EMERGING MARKETS PORTFOLIO
SUPPLEMENT TO THE PROSPECTUSES AND STATEMENTS OF ADDITIONAL INFORMATION
The following supplements certain information contained in the funds'
Prospectuses and Statements of Additional Information.
Each fund's Board of Directors or Trustees (as the case may be) has
determined to retain Credit Suisse Asset Management Limited (CSAM Limited) as
sub-investment adviser to each of the funds pursuant to separate sub-investment
advisory agreements among each fund, CSAM and CSAM Limited (the Sub-Investment
Advisory Agreements). The Sub-Investment Advisory Agreements provide that CSAM
will pay CSAM Limited a portion of the investment advisory fee paid by each fund
to CSAM. Accordingly, no additional investment advisory fees will be paid by
fund shareholders.
The Sub-Investment Advisory Agreements are subject to the approval of
shareholders of each fund. Proxy materials relating to the retention of CSAM
Limited will be mailed to shareholders of each fund in anticipation of a special
meeting of shareholders scheduled to be held on July 14, 2000. Shareholders of
record of each fund at the close of business on May 5, 2000 (for Warburg Pincus
Trust-Emerging Markets Portfolio only May 19, 2000) are entitled to vote at the
special meeting and at any adjournments thereof. If approved by shareholders,
the Sub-Investment Advisory Agreements will be executed and CSAM Limited will
become sub-investment adviser to each fund shortly after the meeting.
Dated: June 6, 2000 16-0600
for
WPEGT
WPUSL
WPISF
ADEAG
TREMK
TREPX
TRIUS
WPINI