SUPPLEMENT TO THE PROSPECTUS
Prospectus dated August 1, 1997
Quantitative Group of Funds
The following sentence replaces the first sentence in the second paragraph
under Management of the Funds - Custodian on page 13 of the Prospectus:
Investors Fiduciary Trust Company ("Custodian") is the custodian of each of
the Funds' securities and cash.
The following sentence follows the first sentence in the second paragraph in
How to Redeem - Payment of Redemption Amount on page 18 of the
Prospectus:
The deferred sales charge is also imposed when a shareholder transfers his or
her shares from an account maintained with the Fund that is subject to the
deferred sales charge to an account maintained by a broker-dealer that is not
subject to the deferred sales charge due to one of the exceptions cited below.
3/5/98
