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PPM AMERICA FUNDS
SUPPLEMENT DATED JULY 5, 2000
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION
DATED MAY 1, 2000
MEDALLION SIGNATURE GUARANTEE REQUIRED
Effective July 5, 2000, a medallion signature guarantee will be required for all
redemption requests where the proceeds are to be sent to someone other than the
registered shareholder(s) or to the registered address, and for all share
transfer requests.
A medallion signature guarantee may be obtained from a domestic bank or trust
company, broker, dealer, clearing agency, savings association, or other
financial institution which is participating in a medallion program recognized
by the Securities Transfer Association. The three recognized medallion programs
are Securities Transfer Agents Medallion Program (STAMP), Stock Exchanges
Medallion Program (SEMP) and New York Stock Exchange, Inc. Medallion Signature
Program (NYSE MSP). Signature guarantees from financial institutions which are
not participating in one of these programs will not be accepted.
