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September 15, 1998
Stonebridge Aggressive Growth Fund, Inc.
SUPPLEMENT TO THE PROSPECTUS DATED March 1, 1998
The following information supplements and should be read in conjunction
with the prospectuses describing the shares of Stonebridge Growth Fund, Inc. and
Stonebridge Aggressive Growth Fund, Inc.:
On August 25, 1998, shareholders of Stonebridge Growth Fund, Inc. and
Stonebridge Aggressive Growth Fund, Inc. approved the reorganization of the
Funds into two newly organized series of the Stonebridge Funds Trust, a Delaware
business trust.
Currently, each Fund is a separate Delaware corporation. The purpose of the
reorganization is to lower costs and improve Fund administration. We do not
anticipate any change in the federal or state tax advantages of the Funds or
their current investment policies and risks as a result of the reorganization.
This reorganization change will be effective on November 1, 1998.
