10k SmartTrust Fund
Supplement to the Prospectus
Dated January 3, 2000
The Board of Trustees has determined to redeem all outstanding shares of the 10k
SmartTrust, effective August 24, 2000, because of its small size had made it
difficult to manage its portfolio cost effectively. The Fund is no longer
pursuing its investment objective. All securities in the Fund portfolio have
been sold, and the proceeds will be invested in money market instruments of the
types described under "Investment Objectives, Principal Investment Strategies
and Related Rick" in the Prospectus. Any capital gains will be distributed as
soon as practicable to shareholders and reinvestment in additional shares.
Please call the Transfer Agent at 1-800-733-1183 for more information.