FORUM FUNDS
DAILY ASSETS TREASURY OBLIGATIONS FUND
DAILY ASSETS GOVERNMENT FUND
DAILY ASSETS GOVERNMENT OBLIGATIONS FUND
DAILY ASSETS CASH FUND
DAILY ASSETS MUNICIPAL FUND
INVESTOR SHARES
Supplement Dated July 15, 1998 to
Prospectus Dated May 27, 1998
Shares of one or more of the Funds may not be currently offered for sale in your
state.
The following sentence replaces the second sentence under "Redemption of Shares
- - By Mail" on page 16 of the prospectus:
Certain requests for redemption must be signed by the shareholder with signature
guaranteed and all certificates submitted for redemption must be endorsed by the
shareholder with signature guaranteed. See "Other Redemption Matters" on page
17.
<PAGE>
FORUM FUNDS
DAILY ASSETS TREASURY OBLIGATIONS FUND
DAILY ASSETS GOVERNMENT FUND
DAILY ASSETS GOVERNMENT OBLIGATIONS FUND
DAILY ASSETS CASH FUND
DAILY ASSETS MUNICIPAL FUND
INSTITUTIONAL SHARES
Supplement Dated July 15, 1998 to
Prospectus Dated May 27, 1998
Shares of one or more of the Funds may not be currently offered for sale in your
state.
The following sentence replaces the second sentence under "Redemption of Shares
- - By Mail" on page 16 of the prospectus:
Certain requests for redemption must be signed by the shareholder with signature
guaranteed and all certificates submitted for redemption must be endorsed by the
shareholder with signature guaranteed. See "Other Redemption Matters" below.
<PAGE>
FORUM FUNDS
DAILY ASSETS TREASURY OBLIGATIONS FUND
DAILY ASSETS GOVERNMENT FUND
DAILY ASSETS GOVERNMENT OBLIGATIONS FUND
DAILY ASSETS CASH FUND
DAILY ASSETS MUNICIPAL FUND
INSTITUTIONAL SERVICE SHARES
Supplement Dated July 15, 1998 to
Prospectus Dated May 27, 1998
Shares of one or more of the Funds may not be currently offered for sale in your
state.
The following sentence replaces the second sentence under "Redemption of Shares
- - By Mail" on page 16 of the prospectus:
Certain requests for redemption must be signed by the shareholder with signature
guaranteed and all certificates submitted for redemption must be endorsed by the
shareholder with signature guaranteed. See "Other Redemption Matters" below.
