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Stock Funds Bond Funds Money Market Funds
Kobrick Capital Fund New England Bond Income Fund New England Cash Management Trust --
Kobrick Emerging Growth Fund New England Government Securities Fund Money Market Series
Kobrick Growth Fund New England High Income Fund New England Tax Exempt
New England Balanced Fund New England Intermediate Term Money Market Trust
New England Bullseye Fund Tax Free Fund of California
New England Capital Growth Fund New England Limited Term U.S.
New England Equity Income Fund Government Fund
New England Growth and Income Fund New England Massachusetts Tax Free
New England Growth Fund Income Fund
New England International Equity Fund New England Municipal Income Fund
New England Value Fund New England Short Term Corporate
Income Fund
New England Strategic Income Fund
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Supplement dated December 13, 1999 to the currently effective Prospectus and
Statement of Additional Information of each of the listed funds.
KOBRICK FUNDS
Effective February 1, 2000, the Kobrick Funds' Distributor, New England Funds,
L.P., changes its name to Nvest Funds Distributor, L.P.
NEW ENGLAND FUNDS
Effective February 1, 2000, New England Funds will implement an organizational
name change to Nvest Funds affecting various related entities. As a result,
references in the Prospectuses and Statements of Additional Information are
changed as set forth below:
o The Distributor, New England Funds, L.P., changes its name to Nvest Funds
Distributor, L.P.
o The Investment Adviser, New England Funds Management, (all funds except New
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England Growth Fund) changes its name to Nvest Funds Management, L.P.
o The New England Funds change to the Nvest Funds
o The General Partner, NEF Corporation, changes its name to Nvest Distribution
Corp.
o The Web site name, www.mutualfunds.com, changes to www.nvestfunds.com
o Each Trust and Fund changes its name to utilize Nvest in place of New
England as listed below:
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ENTITY OLD NAME NEW NAME
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Trusts New England Funds Trust I Nvest Funds Trust I
New England Funds Trust II Nvest Funds Trust II
New England Funds Trust III Nvest Funds Trust III
New England Cash Management Trust Nvest Cash Management Trust
New England Tax Exempt Money Market Trust Nvest Tax Exempt Money Market Trust
Funds New England Growth Fund Nvest Growth Fund
New England Capital Growth Fund Nvest Capital Growth Fund
New England Growth and Income Fund Nvest Growth and Income Fund
New England Equity Income Fund Nvest Equity Income Fund
New England Bullseye Fund Nvest Bullseye Fund
New England Balanced Fund Nvest Balanced Fund
New England Value Fund Nvest Value Fund
New England International Equity Fund Nvest International Equity Fund
New England Star Advisers Fund Nvest Star Advisers Fund
New England Star Worldwide Fund Nvest Star Worldwide Fund
New England Star Small Cap Fund Nvest Star Small Cap Fund
New England Bond Income Fund Nvest Bond Income Fund
New England High Income Fund Nvest High Income Fund
New England Government Securities Fund Nvest Government Securities Fund
New England Limited Term U.S. Government Fund Nvest Limited Term U.S. Government Fund
New England Strategic Income Fund Nvest Strategic Income Fund
New England Short Term Corporate Income Fund Nvest Short Term Corporate Income Fund
New England Municipal Income Fund Nvest Municipal Income Fund
New England Massachusetts Tax Free Income Fund Nvest Massachusetts Tax Free Income Fund
New England Intermediate Term Tax Free Fund of California Nvest Intermediate Term Tax Free Fund of California
New England Cash Management Trust -- Money Market Series Nvest Cash Management Trust -- Money Market Series
New England Tax Exempt Money Market Trust Nvest Tax Exempt Money Market Trust
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