PROSPECTUS SUPPLEMENT DATED OCTOBER 28, 1998
TO THE PROSPECTUS DATED MAY 1, 1998
(AS REVISED SEPTEMBER 1, 1998)
WEISS, PECK & GREER, L.L.C. MUTUAL FUNDS
WPG Government Money Market Fund
WPG Tax Free Money Market Fund
WPG Intermediate Municipal Bond Fund
WPG Core Bond Fund
WPG Growth and Income Fund
WPG Tudor Fund
Weiss, Peck & Greer International Fund
WPG Growth Fund
WPG Quantitative Equity Fund
The Trustees of WPG Growth Fund ("Growth Fund") have approved the
liquidation of the Growth Fund which is expected to be effectuated on November
30, 1998 and the subsequent termination of the Growth Fund. Therefore, as of the
date of this Prospectus Supplement, no additional shares of the Growth Fund will
be available for purchase. In connection with winding up its affairs and
liquidating all of its assets, the Growth Fund may invest a signification
portion of its total assets in U.S. Government securities and other short-term
debt instruments and may not be investing at least 65% of its total assets in
common stocks and equity-related securities of small and medium capitalization
companies. Contact Weiss, Peck & Greer, L.L.C. or your broker for more
information.
