THE MANAGERS FUNDS
EQUITY FUNDS
Supplement dated March 14, 2000 to the
Prospectus
and Statement of Additional Information
dated April 1, 1999, as supplemented
March 6, 2000
The following information supersedes that
contained in the Prospectus and Statement of
Additional Information solely with respect to
the following Fund:
International Equity Fund
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Effective on or about March 27, 2000,
Mastholm Asset Management, L.L.C. ("Mastholm")
will be added as a third asset manager for
Managers International Equity Fund. Scudder
Kemper Investments, Inc. and Lazard Asset
Management will remain as the other portfolio
managers for the Fund. Mastholm will be paid
the same fee as the other two asset managers
on the Fund, 0.50% per annum of the average
daily net assets that Mastholm manages.
Mastholm, located in Bellevue,
Washington, was founded in 1997. As of March
2000, Mastholm had assets under management of
approximately $950 million.
Mastholm will use a team approach, headed
by Theodore J. Tyson, Managing Director, along
with Joseph Jordan and Douglas Allen, to
manage its portion of the International Equity
Fund.
March 14, 2000
FILE NO. 2-84012
811-3752
Rule 497-e
VIA EDGAR
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March 14, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, DC 20549-1004
Re: The Managers Funds
File Nos.2-84012 and 811-3752
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Commissioners:
Enclosed for filing pursuant to Rule 497(e) under the Securities
and Exchange Act of 1933 is a supplement to the Prospectus and
Statement of Additional Information for the International Equity
Fund of The Managers Funds. This sticker announces an addition
to the portfolio managers of the Fund.
Sincerely,
/s/Laura A. DeSalvo
Laura A. DeSalvo
Assistant Secretary
Cc: John Ganley, Staff Examiner
