Law Offices
Drinker Biddle & Reath, LLP
Philadelphia National Bank Building
1345 Chestnut Street
Philadelphia, PA 19107-3496
Telephone: (215) 988-2700
Telex: 834684
Fax: (215) 988-2757
March 25, 1998
VIA EDGAR TRANSMISSION
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
Re: Pacific Horizon Funds, Inc.
Registration Nos. 2-81110 and 811-4293
Ladies and Gentlemen:
On behalf of Pacific Horizon Funds, Inc. ("Pacific Horizon") and pursuant
to Rule 497(e) of the Securities Act of 1933, attached herewith for filing
please find supplements dated March 25, 1998 to Pacific Horizon's Asset
Allocation Fund and Aggressive Growth Fund Prospectuses dated June 24,
1997.
Questions and comments concerning the enclosed materials may be directed
to the undersigned at (215) 988-1152.
Very truly yours,
/s/ Kenneth L. Greenberg
PACIFIC HORIZON AGGRESSIVE GROWTH FUND
Supplement dated March 25, 1998 to Prospectus dated June 24, 1997
Effective March 19, 1998, James L. Callinan is responsible for managing
the Aggressive Growth Fund. Mr. Callinan has managed the Robertson
Stephens Emerging Growth Fund since July 1996. From 1986 until June 1996,
Mr. Callinan was employed by Putnam Investments, where, beginning in June
1994, he served as portfolio manager of the Putnam OTC Emerging Growth
Fund. Mr. Callinan received an A.B. in economics from Harvard College,
an M.S. in accounting from New York University, an M.B.A. from Harvard
Business School, and is a Chartered Financial Analyst.
PACIFIC HORIZON ASSET ALLOCATION FUND
Supplement dated March 25, 1998 to Prospectus dated June 24, 1997
Effective March 20, 1998, an investment management team headed by James
Miller, Chief Investment Officer of Quantitative Based Equity Management
for Robertson Stephens & Company Investment Management, L.P. ("RSIM,
L.P.") is responsible for the day-to-day investment activities of the
equity portion of the Asset Allocation Fund. Mr. Miller has been
associated with RSIM, L.P. and its predecessors since 1988. His team has
been managing the Pacific Horizon Blue Chip Fund since 1995. Mr. Miller
received his B.S. and M.B.A. degrees from Lehigh University, is a
Chartered Financial Analyst, a member of the Association of Investment
Management and Research and a former Director of the Investment Analysts
Society of Chicago.
