EDWARD D. JONES & CO. DAILY PASSPORT CASH TRUST
Supplement to Prospectus dated April 30, 1998
At a special meeting to be held on March 29, 1999, shareholders of the Fund will
be asked to vote on the changes described below. If approved by shareholders,
these changes will take effect as of April 1, 1999. Shareholders will be
notified if any of these changes are not approved. Please keep this supplement
for your records.
Shareholders will be asked to consider proposals:
1) To elect nine Trustees.
2) To ratify the selection of the Trust's independent auditors.
3) To make changes to the Trust's fundamental investment policies:
a) To amend the Trust's fundamental investment policy on
diversification of its investments;
b) To make non-fundamental, and to amend, the Trust's
fundamental investment policy regarding the maturity of
money market instruments;
c) To make non-fundamental, and to amend, the Trust's
fundamental investment policy regarding restricted
securities;
d) To make non-fundamental the Trust's policy prohibiting
investment in securities to exercise control of an issuer;
e) To make non-fundamental, and to amend, the Trust's ability
to invest in the securities of other investment companies;
and
f) To amend the Trust's fundamental investment policy regarding
borrowing to permit the purchase of securities while
borrowings are outstanding.
4) To eliminate certain of the Trust's fundamental investment policies:
a) To remove the Trust's fundamental investment policy on
investing in new issuers;
b) To remove the Trust's fundamental investment policy on
investing in oil, gas, and minerals;
c) To remove the Trust's fundamental investment policy on
investing in issuers whose securities are owned by Officers
and Trustees;
d) To remove the Trust's fundamental investment policy on
investing in options; and
e) To remove the Trust's fundamental investment policy
regarding the average maturity of securities in the Trust's
portfolio.
5) To approve or disapprove amendments and restatements to the
Trust's Declaration of Trust:
a) To permit the Trust to add series and classes of shares;
b) To require the approval of a majority of the outstanding
voting shares in the event of the sale and conveyance of the
assets of the Trust to another trust or corporation; and
c) To permit the Board of Trustees to liquidate assets of the
Trust without seeking shareholder approval.
January 29, 1999
Edward Jones
201 Progress Parkway
Maryland Heights, Missouri 63043
1-800-331-2451
Distributor
Cusip 480023100
G02539-02 (1/99)
