SUPPLEMENT TO THE PROSPECTUS
United New Concepts Fund, Inc. - Class A and Class Y Shares
The following information replaces the disclosure regarding management of the
Fund in the section entitled "About the Management and Expenses of the Fund":
Zachary H. Shafran is primarily responsible for the management of the
portfolio of the Fund. Mr. Shafran has held his responsibilities since
February 1999. He is Vice President of WRIMCO and Vice President of the
Fund. Mr. Shafran has served as the portfolio manager for another
investment company managed by WRIMCO, since January 1996. Mr. Shafran has
served as an investment analyst with WRIMCO, and has been an employee of
WRIMCO, since June 1990.
To be attached to the cover page of the Class A and Class Y Prospectus of United
New Concepts Fund, Inc. dated June 30, 1998.
This Supplement is dated March 1, 1999.
NUS2012B
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SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
United New Concepts Fund, Inc.
The following information replaces the disclosure regarding management of the
Fund in the section entitled "Directors and Officers" on page 54:
Zachary H. Shafran
Vice President of the Fund and Vice President of WRIMCO. Date of
birth: October 12, 1965.
To be attached to the cover page of the Statement of Additional Information of
United New Concepts Fund, Inc. dated June 30, 1998.
This supplement is dated March 1, 1999.
