SUPPLEMENT dated January 2, 1998
To the STATEMENT OF ADDITIONAL INFORMATION of
STANDISH FIXED INCOME FUND
STANDISH FIXED INCOME FUND II
STANDISH SHORT-TERM ASSET RESERVE FUND
STANDISH CONTROLLED MATURITY FUND
STANDISH SECURITIZED FUND
Dated May 1, 1997
- --------------------------------------------------------------------------------
Standish Short-Term Asset Reserve Fund
The description of the Standish Short-Term Asset Reserve Fund in this
statement of additional information is no longer applicable. Standish Short-Term
Asset Reserve Fund is now described in a separate statement of additional
information which is available upon request from Standish Fund Distributors,
L.P. by calling (800) 729-0066.
