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LifePoints Funds - Class D
FRANK RUSSELL INVESTMENT COMPANY
SUPPLEMENT DATED JULY 31, 1997
TO THE PROSPECTUS DATED MAY 1, 1997
AS REVISED JUNE 6, 1997 AS SUPPLEMENTED
THROUGH JUNE 10, 1997
Effective July 31, 1997, the Emerging Markets Fund will be managed by the
following money managers:
Genesis Asset Managers, Ltd., 21 Knights Bridge, London, SW1X 7LY, is a
limited liability company organized under the laws of the State of Guernsey, the
Channel Islands, and has been engaged in the investment advisory business since
1990. Genesis Asset Managers, Ltd., is registered as an investment adviser under
the Investment Advisers Act of 1940, as amended. Genesis Asset Managers, Ltd. is
affiliated with and has common investment executives with the Genesis Group of
fund management companies. The Genesis Group, whose holding company is Genesis
Holdings International Ltd. is controlled 55% by management and assorted
interests, and the balance held by outside shareholders, with the largest single
holding being 15%.
J.P. Morgan Investment Management Inc., 522 Fifth Avenue, 14th Floor, New
York, NY 10036, is a wholly owned subsidiary of J.P. Morgan and Co.
Incorporated, a publicly held bank holding company.
Montgomery Asset Management, LLC, 101 California Street, San Francisco, CA
94111, is a Delaware limited liability company with majority ownership held by
Commerzbank AG, a foreign banking organization.
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Specialty Funds
FRANK RUSSELL INVESTMENT COMPANY
SUPPLEMENT DATED JULY 31, 1997
TO THE PROSPECTUS DATED MAY 1, 1997
AS REVISED JUNE 1, 1997 AS SUPPLEMENTED
THROUGH JUNE 1, 1997
Effective July 31, 1997, the Emerging Markets Fund will be managed by the
following money managers:
Genesis Asset Managers, Ltd., 21 Knights Bridge, London, SW1X 7LY, is a
limited liability company organized under the laws of the State of Guernsey, the
Channel Islands, and has been engaged in the investment advisory business since
1990. Genesis Asset Managers, Ltd., is registered as an investment adviser under
the Investment Advisers Act of 1940, as amended. Genesis Asset Managers, Ltd. is
affiliated with and has common investment executives with the Genesis Group of
fund management companies. The Genesis Group, whose holding company is Genesis
Holdings International Ltd. is controlled 55% by management and assorted
interests, and the balance held by outside shareholders, with the largest single
holding being 15%.
J.P. Morgan Investment Management Inc., 522 Fifth Avenue, 14th Floor, New
York, NY 10036, is a wholly owned subsidiary of J.P. Morgan and Co.
Incorporated, a publicly held bank holding company.
Montgomery Asset Management, LLC, 101 California Street, San Francisco, CA
94111, is a Delaware limited liability company with majority ownership held by
Commerzbank AG, a foreign banking organization.
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Class C Funds
FRANK RUSSELL INVESTMENT COMPANY
SUPPLEMENT DATED JULY 31, 1997
TO THE PROSPECTUS DATED MAY 1, 1997
AS REVISED JUNE 1, 1997, AS SUPPLEMENTED
THROUGH JUNE 10, 1997
Effective July 31, 1997, the Emerging Markets Fund will be managed by the
following money managers:
Genesis Asset Managers, Ltd., 21 Knights Bridge, London, SW1X 7LY, is a
limited liability company organized under the laws of the State of Guernsey, the
Channel Islands, and has been engaged in the investment advisory business since
1990. Genesis Asset Managers, Ltd., is registered as an investment adviser under
the Investment Advisers Act of 1940, as amended. Genesis Asset Managers, Ltd. is
affiliated with and has common investment executives with the Genesis Group of
fund management companies. The Genesis Group, whose holding company is Genesis
Holdings International Ltd. is controlled 55% by management and assorted
interests, and the balance held by outside shareholders, with the largest single
holding being 15%.
J.P. Morgan Investment Management Inc., 522 Fifth Avenue, 14th Floor, New
York, NY 10036, is a wholly owned subsidiary of J.P. Morgan and Co.
Incorporated, a publicly held bank holding company.
Montgomery Asset Management, LLC, 101 California Street, San Francisco, CA
94111, is a Delaware limited liability company with majority ownership held by
Commerzbank AG, a foreign banking organization.