[graphic: Midas Funds, Discovering Opportunities]
Bull & Bear Gold Investors Ltd.
Supplement Dated June 30, 1999 to the
Prospectus dated September 2, 1998
Bull & Bear Dollar Reserves
Supplement Dated June 30, 1999 to the
Prospectus dated September 3, 1998
Bull & Bear Special Equities Fund, Inc.
Supplement Dated June 30, 1999 to the
Prospectus dated May 1, 1999
Bull & Bear U.S. and Overseas Fund
Supplement Dated June 30, 1999 to the
Prospectus dated May 1, 1999
Rockwood Fund, Inc.
Supplement Dated June 30, 1999 to the
Prospectus dated May 10, 1999
On June 30, 1999, the Bull & Bear Funds and Rockwood Fund changed their
names and became part of the Midas Funds family:
Old Name
- --------------------------------------------------------------------------------
Bull & Bear Funds I, Inc., whose sole series is Bull &
Bear U.S. and Overseas Fund
Bull & Bear Funds II, Inc., whose sole series is Bull &
Bear Dollar Reserves
Bull & Bear Gold Investors Ltd.
Bull & Bear Special Equities Fund, Inc.
Rockwood Fund, Inc.
New Name
- ----------------------------------
Midas U.S. and Overseas Fund Ltd.
Dollar Reserves, Inc.
Midas Investors Ltd.
Midas Special Equities Fund, Inc.
Midas Magic, Inc.
Current per share prices for the Funds will be found under "Midas
Funds" in the mutual fund section of The Wall Street Journal and other leading
newspapers.
Shareholders of the Funds can now call toll-free 1-800-400-MIDAS
(6432) to speak to an Investor Service Representative or 1-888-503-VOICE (8642)
for 24 hour automated touch-tone telephone services. Shareholders can also visit
www.midasfunds.com to access their account online, purchase and redeem shares,
and exchange between the Midas Funds.
