October 23, 1995
SUPPLEMENT TO THE
PIONEER GROWTH SHARES PROSPECTUS
dated April 28, 1995 (revised October 16, 1995)
Management of the Fund
Each domestic equity portfolio managed by PMC, including the Fund, is overseen
by the Domestic Equity Portfolio Management Equity Committee, which consists of
PMC's most senior domestic equity professionals. The committee is chaired by Mr.
David Tripple, PMC's President and Chief Investment Officer and Executive Vice
President of each of the Pioneer mutual funds. Mr. Tripple joined PMC in 1974
and has had general responsibility for PMC's investment operations and specific
portfolio assignments for more than the last five years.
Mr. Warren J. Isabelle, Director of Research and a Vice President of PMC and
Vice President of the Fund, is the Senior Portfolio Manager for the Fund and,
effective October 23, 1995, Mr. Rod Wright, Associate Portfolio Manager, assumes
primary responsibility for the day-to-day management of the Fund. Prior to
joining PMC in 1994, Mr. Wright had served as an investment analyst and
co-portfolio manager for a number of investment advisers.
1095-2883
