COREFUNDS, INC.
SUPPLEMENT DATED APRIL 17, 1998 TO THE INDIVIDUAL SHARES PROSPECTUS
DATED NOVEMBER 1, 1997
THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED IN
THE PROSPECTUS, AND SHOULD BE READ IN CONJUNCTION WITH SUCH PROSPECTUS.
Effective in April, 1998, CoreFunds Investment Advisers, Inc., made changes to
the portfolio management of certain of the Funds in CoreFunds, Inc. In
connection with the replacement of Lary Aasheim with Maureen Callahan as manager
of the Equity Index Fund, the paragraph under the "Fund Management" section on
page 2 of the Prospectus should be replaced with the following:
Maureen Callahan, Investment Officer of CoreStates Advisers, is portfolio
manager of Equity Index Fund. She is also financial analyst and equity
trader for CoreStates Advisers. Prior to joining CoreStates Advisers in
1989, Ms. Callahan worked as a money market administrator at Bankers Trust
Company in New York. (Please see page 45 for more information about the
Fund's Investment Adviser.)
In addition, Joyce A. Lotkowski has replaced John Ackler as the manager of the
Short Term Income Fund and Cash Reserve. Accordingly, the paragraph under the
"Fund Management" sections on pages 14 and 32 of the Prospectus should be
replaced with the following:
Joyce A. Lotkowski is a fixed income portfolio manager with investment
responsibility for individually managed corporate cash accounts and manages
Short Term Income Fund, Cash Reserve and Elite Cash Reserve. In 1978, Ms.
Lotkowski joined the Philadelphia National Bank in the CPA and Government
Request Department. In 1980, she joined the Corporate Trust Department, and
in 1982, joined CoreStates Advisers as a portfolio manager. (Please see
page 45 for more information about the Fund's Investment Adviser.)
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
<PAGE>
COREFUNDS, INC.
SUPPLEMENT DATED APRIL 17, 1998 TO THE INSTITUTIONAL SHARES PROSPECTUS
DATED NOVEMBER 1, 1997
THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED IN
THE PROSPECTUS, AND SHOULD BE READ IN CONJUNCTION WITH SUCH PROSPECTUS.
Effective in April, 1998, CoreFunds Investment Advisers, Inc., made changes to
the portfolio management of certain of the Funds in CoreFunds, Inc. In
connection with the replacement of Lary Aasheim with Maureen Callahan as manager
of the Equity Index Fund, the paragraph under the "Fund Management" section on
page 2 of the Prospectus should be replaced with the following:
Maureen Callahan, Investment Officer of CoreStates Advisers, is portfolio
manager of Equity Index Fund. She is also financial analyst and equity
trader for CoreStates Advisers. Prior to joining CoreStates Advisers in
1989, Ms. Callahan worked as a money market administrator at Bankers Trust
Company in New York. (Please see page 45 for more information about the
Fund's Investment Adviser.)
In addition, Joyce A. Lotkowski has replaced John Ackler as the manager of the
Short Term Income Fund and Cash Reserve. Accordingly, the paragraph under the
"Fund Management" sections on pages 14 and 32 of the Prospectus should be
replaced with the following:
Joyce A. Lotkowski is a fixed income portfolio manager with investment
responsibility for individually managed corporate cash accounts and manages
Short Term Income Fund, Cash Reserve and Elite Cash Reserve. In 1978, Ms.
Lotkowski joined the Philadelphia National Bank in the CPA and Government
Request Department. In 1980, she joined the Corporate Trust Department, and
in 1982, joined CoreStates Advisers as a portfolio manager. (Please see
page 45 for more information about the Fund's Investment Adviser.)
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
<PAGE>
COREFUNDS, INC.
SUPPLEMENT DATED APRIL 17, 1998 TO THE COREFUNDS SWEEP PROSPECTUS
DATED NOVEMBER 1, 1997
THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT
CONTAINED IN THE PROSPECTUS, AND SHOULD BE READ IN CONJUNCTION WITH SUCH
PROSPECTUS.
Effective in April, 1998, CoreFunds Investment Advisers, Inc., made changes to
the portfolio management of certain of the Funds in CoreFunds, Inc. In
connection with the replacement of John Ackler with Joyce A. Lotkowski as
manager of the Short Term Income Fund and Cash Reserve, the paragraph under the
"Fund Management" section on page 4 of the Prospectus should be replaced with
the following:
Joyce A. Lotkowski is a fixed income portfolio manager with investment
responsibility for individually managed corporate cash accounts and manages
Short Term Income Fund, Cash Reserve and Elite Cash Reserve. In 1978, Ms.
Lotkowski joined the Philadelphia National Bank in the CPA and Government
Request Department. In 1980, she joined the Corporate Trust Department, and
in 1982, joined CoreStates Advisers as a portfolio manager. (Please see
page 12 for more information about the Fund's Investment Adviser.)
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
