Securities Act File No. 02-57547
LEXINGTON MONEY MARKET TRUST
Supplement dated September 1, 2000
to the Prospectus dated July 31, 2000
(This Supplement supersedes the Supplement dated July 31, 2000)
ACQUISITION OF RELIASTAR FINANCIAL CORP. BY ING GROEP N.V.
On September 1, 2000, ING Groep N.V. (NYSE: ING) acquired ReliaStar Financial
Corp. (NYSE: RLR), the indirect parent company of Pilgrim Investments, Inc.
("Pilgrim Investments"), Adviser to the Lexington Money Market Trust, and
Pilgrim Securities, Inc. ("Pilgrim Securities"), Distributor to the Lexington
Money Market Trust. ING Group is a global financial institution active in the
field of insurance, banking, and asset management in more than 65 countries,
with almost 100,000 employees.
Pilgrim Investments and Pilgrim Securities are expected to remain intact after
the transaction. Pilgrim Investments does not currently anticipate that there
will be any changes in the investment personnel primarily responsible for
management of the Lexington Money Market Trust as a result of the acquisition.
Under the provisions of the advisory contract between the Lexington Money Market
Trust and Pilgrim Investments, the agreement might be deemed to terminate
automatically at the time of the acquisition. As a result, the Board of Trustees
and shareholders of the Lexington Money Market Trust approved a new advisory
contract between the Lexington Money Market Trust and Pilgrim Investments, which
took effect immediately after the acquisition.
Please be advised of the new address of the Lexington Money Market Trust,
effective immediately:
ING Pilgrim Funds
7337 E. Doubletree Ranch Road
Scottsdale, Arizona 85258
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
