STRADLEY, RONON, STEVENS & YOUNG, LLP
2600 One Commerce Square
Philadelphia, PA 19103
(215) 564-8000
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Direct Dial:(215) 564-8193
April 1, 1999
FILED VIA EDGAR
Filing Desk
U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: The Barrett Funds
Rule 497(e) Filing
File Nos. 811-09035 and 333-65225
Dear Sir or Madam:
Pursuant to Rule 497(e) under the Securities Act of 1933, as amended, submitted
electronically via EDGAR system, is a supplement dated April 1, 1999 to the
December 18, 1998 Prospectus of the Barrett Growth Fund, a series of the
registrant.
Please direct questions or comments relating to this filing to me at the above
referenced telephone number.
Very truly yours,
Michael P. O'Hare
Attachment
BARRETT GROWTH FUND
Supplement dated April 1, 1999 to
the Prospectus dated December 18, 1998
Effective April 1, 1999, the Annual Fund Operating Expenses section
located on page 2 of the Barrett Growth Fund Prospectus has been
revised as follows:
*Effective April 1, 1999, Barrett Associates has voluntarily agreed to
waive its advisory fee or make payments to limit Fund expenses to
the extent necessary to ensure that Total Fund Operating Expenses do
not exceed 1.25% of average daily net assets until June 30, 2000.
In addition, the Fund is new, so the amount of Other Expenses and
Total Operating Expenses are based on estimated amounts for the
first year of operations and do not reflect any fee waiver or
expense limitation.
Effective April 1, 1999, the Expense Example section located on page
2 of the Barrett Growth Fund Prospectus has been revised as follows:
Expense Example
1 Year 3 Years
Without Fee Waiver $215 $664
or Expense Limitation*
These dollar amounts do not reflect Barrett Associates agreement to
limit the Funds Total Operating Expenses to 1.25% until June 30,
2000. With such expense limit, the amounts paid over 1 and 3 years
would equal $127 and $394.
