VONTOBEL FUNDS, INC.
1500 Forest Avenue, Suite 223 * P.O. Box 8687 * Richmond, Va. 23226
(800) 285-8211 (800) 527-9500 Fax (804) 285-8251
June 16, 1997
Filing Desk
U.S. Securities & Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RE : Vontobel Funds, Inc.
File Number: 2-78931
Filing Pursuant to Rule 497(e)
Gentlemen:
Transmitted herewith for electronic filing, please find enclosed pursuant
to Rule 497(e) a copy of the Supplement to the Prospectus for Vontobel Funds,
Inc. This supplement affects only the Vontobel U.S. Value Fund (the "Value
Fund").
This supplement dated July 16, 1997 to the Prospectus dated March 14, 1997
reflects a vote of shareholders of the Value Fund at a Special Meeting on June
30, 1997 to approve a change in the classification of the Value Fund from a
diversified to a non-diversified series. At the same meeting, shareholders
approved a change in the Value Fund's current investment policy to permit the
Value Fund to borrow up to 33-1/3% of its assets from banks to meet redemptions.
These changes are effective as of the date of this sticker.
Sincerely,
/s/ John Pasco, III
John Pasco, III
Chairman
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July 16, 1997
On June 30, 1997, at a Special meeting of Shareholders of the Vontobel U.S.
Value Fund (the "Value Fund"), shareholders approved a change in the
classification of the Value Fund from a diversified to a non-diversified series.
At the same meeting, shareholders approved a change in the Value Fund's current
investment policy to permit the Value Fund to borrow up to 33-1/3% of its assets
from banks to meet redemptions. These changes are effective as of the date of
this sticker.
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