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Chase Core Equity Fund
Chase Equity Growth Fund
Supplement Dated August 12, 1999
To The Prospectus dated April 30, 1999
Effective August 12, 1999, the Chase Core Equity Fund and the Chase Equity
Growth Fund will convert to a master/feeder structure. As of that date, each of
these two Funds will seek to achieve its investment objective by investing all
of its investable assets in a newly-created "master portfolio" which has the
identical investment objectives and policies as the Fund. The Chase Manhattan
Bank is the investment advisor to each master portfolio and Chase Bank of
Texas, National Association is the sub-advisor to each master portfolio.
CF1-36-899
