EDWARD D. JONES & CO. DAILY PASSPORT CASH TRUST
SUPPLEMENT TO PROSPECTUS DATED APRIL 30, 1998
At a special meeting held on March 29, 1999, shareholders of the Fund were asked
to vote on the changes described below. These changes were approved by
shareholders and will take effect as of April 1, 1999.
1) Elected nine Trustees.
2) Ratified the selection of the Trust's independent auditors.
The meeting was adjourned to May 27, 1999, 2:00 p.m. (Eastern time), at 2800
Corporate Drive, Pittsburgh, PA 15237-7000 with respect to the following
proposals:
1) 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.
2) 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.
3) 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.
March 29, 1999
Edward Jones
201 Progress Parkway
Maryland Heights, Missouri 63043
1-800-331-2451
Distributor
Cusip 480023100
G02539-03 (3/99)
