33-9421
497(e)
AVESTA TRUST
Supplement dated December 5, 1997 to
Prospectus dated April 30, 1997
At a Special Meeting of Participating Trusts of the AVESTA Trust held on
December 2, 1997, Participating Trusts of the Money Market Fund, Short-
Intermediate Term U.S. Government Securities Fund, U.S. Government Securities
Fund, Intermediate Term Bond Fund, Income Fund, Balanced Fund, Equity Income
Fund, Core Equity Fund, Equity Growth Fund and Small Capitalization Fund
series (the "Converting Funds") of the AVESTA Trust approved the Conversion,
as described in the Proxy Statement dated October 20, 1997. In addition, the
Participating Trusts approved amendments to the investment objectives,
policies and restrictions of each of the Converting Funds and each of the
other matters set forth in the Proxy Statement. The Conversion and the
amendments to the investment policies will be effective as of January 1,
1998.
