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COMPOSITE CASH MANAGEMENT COMPANY REVISION DATED JUNE 18, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION DATED APRIL 30, 1997 The following paragraph is added in the section titled "General Information": Portfolio Manager Commentary In communications with the public, portfolio managers may discuss the economic outlook for each Fund, which might include a discussion of specific securities in which the Fund may invest, and/or specific characteristics of each investment portfolio.
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