Supplement dated: May 16, 1996
to Prospectus dated: July 1, 1995
Page 2:
Expense Table
Annual Portfolio Operating Expenses
Institutional Shares
--------------------------------
Working Assets Citizens
Money Market Index
--------------- --------
Management Fees 0.35% 0.50%
Distribution Expense (12b-1 fee) 0.00% 0.00%
Other Expenses* 0.13% 0.42%
---- ----
Total Portfolio Operating Expenses* 0.48% 0.92%
* Projected
Example:
You would have paid the following expenses on a $1,000 investment assuming a 5%
annual return and redemption at the end of each period.
1 Year 3 Years
------ -------
Working Assets Money Market Portfolio $5 $15
Citizens Index Portfolio $9 $29
Supplement dated: May 16, 1996
to Prospectus dated: July 1, 1995
Page 2:
Expense Table
Annual Portfolio Operating Expenses
Institutional Shares
--------------------------------
Working Assets Citizens
Money Market Index
--------------- --------
Management Fees 0.35% 0.50%
Distribution Expense (12b-1 fee) 0.00% 0.00%
Other Expenses* 0.13% 0.42%
---- ----
Total Portfolio Operating Expenses* 0.48% 0.92%
* Projected
Example:
You would have paid the following expenses on a $1,000 investment assuming a 5%
annual return and redemption at the end of each period.
1 Year 3 Years
------ -------
Working Assets Money Market Portfolio $5 $15
Citizens Index Portfolio $9 $29
