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ZURICH YIELDWISE FUNDS ZURICH MONEY FUNDS
Zurich Yieldwise Money Fund Zurich Money Market Fund
Zurich Yieldwise Government Money Fund Zurich Government Money Fund
Zurich Yieldwise Municipal Money Fund Zurich Tax-Free Money Fund
SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION
DATED NOVEMBER 30, 1998 DATED NOVEMBER 30, 1998
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The following disclosure replaces the relevant disclosure in the "Custodian,
Transfer Agent, and Shareholder Service Agent" and "Custodian and Shareholder
Service Agent" sections of the Zurich Yieldwise Funds' and Zurich Money Funds'
Statements of Additional Information, respectively.
CUSTODIAN, TRANSFER AGENT AND SHAREHOLDER SERVICE AGENT. State Street Bank and
Trust Company ("State Street"), 225 Franklin Street, Boston, Massachusetts
02110, as custodian, has custody of all securities and cash of each Fund. State
Street attends to the collection of principal and income, and payment for and
collection of proceeds of securities bought and sold by each Fund. Investors
Fiduciary Trust Company ("IFTC"), 801 Pennsylvania Avenue, Kansas City, Missouri
64105, is each Fund's transfer agent and dividend-paying agent.
Pursuant to a services agreement with IFTC, Kemper Service Company ("KSvC"), an
affiliate of Scudder Kemper, serves as "Shareholder Service Agent" of each Fund
and, as such, performs all of IFTC's duties as transfer agent and dividend
paying agent. IFTC receives as transfer agent, and pays to KSvC as follows:
prior to January 1, 1999, annual account fees at a maximum rate of $8 per
account plus account set up, transaction, maintenance charges and out-of-pocket
expense reimbursement and effective January 1, 1999, annual account fees of
$10.00 plus set up charges, an asset-based fee of 0.05% and out-of-pocket
reimbursement.
