ZURICH MONEY FUNDS
497, 1999-04-08
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                               ZURICH MONEY FUNDS
                            Zurich Money Market Fund
                          Zurich Government Money Fund
                           Zurich Tax-Free Money Fund

                            SUPPLEMENT TO PROSPECTUS
                             DATED NOVEMBER 30, 1998

                                 ---------------

The  following  text  replaces the  applicable  disclosure in the "How to Make a
Redemption -- By Phone" section of the prospectus on page 18:

Shareholders  may redeem shares by electronic  funds transfer  (minimum $100 and
maximum  $50,000) to a  pre-authorized  bank  account.  See "Special  Features--
EZ-Transfer."



April 14, 1999


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