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SUPPLEMENT TO THE PROSPECTUSES AND STATEMENTS OF ADDITIONAL INFORMATION
WARBURG PINCUS SELECT ECONOMIC VALUE EQUITY FUND
The following information supersedes certain information in the Fund's
Prospectuses and Statements of Additional Information.
Effective August 6, 1999, the Credit Suisse Asset Management Select Economic
Value Equity Management Team, which is responsible for the day-to-day management
of the Fund, consists of the following investment professionals: William W.
Priest, Jr. (Chief Executive Officer and Managing Director), John B. Hurford
(Managing Director), James A. Abate (Director) and D. Susan Everly (Vice
President). James Mecca, who had been a member of the Team, has resigned from
the Fund's investment adviser.
Dated: August 10, 1999 WPSEV-16-0899
