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BERGER GROWTH FUND
BERGER GROWTH AND INCOME FUND
BERGER INVESTMENT PORTFOLIO TRUST
BERGER SELECT FUND
SUPPLEMENT DATED JULY 28, 2000
TO
PROSPECTUS DATED JUNE 26, 2000
Effective August 7, 2000, Berger LLC Executive Vice President and Chief
Investment Officer Jay W. Tracey III will be appointed portfolio manager of the
Berger Growth Fund, succeeding former manager Tino R. Sellitto. Also effective
August 7, 2000, Berger LLC Vice President Steven L. Fossel will be appointed
interim portfolio manager of the Berger Growth and Income Fund, succeeding
former manager Tino R. Sellitto until a successor manager is appointed. Mr.
Tracey, Mr. Fossel and Mark S. Sunderhuse will continue to co-manage the Berger
Select Fund.
The section "Organization of the Berger Funds Family" of the Prospectus
is amended accordingly.