ZURICH MONEY FUNDS
Zurich Money Market Fund
Zurich Government Money Fund
Zurich Tax-Free Money Fund
SUPPLEMENT TO PROSPECTUS
DATED NOVEMBER 30, 1998
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The following information replaces disclosure in the "Special Features" section
of the prospectus under "Zurich MoneyPLUS Account(SM)" beginning on page 23:
The Zurich MoneyPLUS Account(SM) is a cash management program offering no
minimum checkwriting and a VISA(R) Platinum Check Card (a debit card). The card
is issued by UMB Bank, N.A. Currently the fee for this service is $42 a year
with additional charges for check reorders. There is a $1.00 fee per Automated
Teller Machine (ATM) transaction. The minimum initial account balance required
to be eligible for this feature is $10,000 or a $1,500 per month automatic
investment plan. You may only use Zurich MoneyPLUS Account checks in this
program. Any check for an amount in excess of funds available for redemption
will be returned and will subject the account to additional service fees. For
shareholders with MoneyPLUS and expedited wire redemption, the wire may be sent
on the next business day following the request. Fees and features of the Zurich
MoneyPLUS Account are subject to modification. This program is only available to
individuals and businesses that are residents or are based in the United States.
For more information and the special form to sign-up for this feature, call
1-800-537-6001.
The following information replaces disclosure provided under "Zurich MoneyPLUS
Account(SM)" on page 33 of the prospectus:
A powerful money management feature that makes it easy and economical to use
your Zurich Money Funds for day-to-day transactions. For a $42 annual fee, you
get unlimited checkwriting and a VISA Platinum Check Card to use for debit and
ATM transactions. For special forms to sign-up for this add-on feature, call
1-800-537-6001. For customer service on the VISA card, call 1-800-449-9176.
September 1, 1999
