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SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
(Amendment No. )
Filed by Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Section 240.14a-11(c) or Section
240.14a-12
SteinRoe Investment Trust
(Name of Registrant as Specified In Its Charter)
______________________________________________
(Name of Person(s) Filing Proxy Statement if other than the Registrant)
Payment of Filing Fee (Check appropriate box):
[ ] $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), 14a-6(i)(2),
or Item 22(a)(2) of Schedule 14A.
[ ] $500 per each party to the controversy pursuant to Exchange Act Rule
14a-6(i)(3).
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
(1) Title of each class of securities to which transaction applies:
__________________________________________________________________
(2) Aggregate number of securities to which transaction applies:
__________________________________________________________________
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
the filing fee is calculated and state how it was determined).
_________________________________________________________________
(4) Proposed maximum aggregate value of transaction:
_________________________________________________________________
(5) Total fee paid:
__________________________________________________________________
[X] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2 ) and identify the filing for which the
offsetting fee was paid previously. Identify the previous
filing by registration statement number, or the Form or Schedule
and the date of its filing.
(1) Amount Previously Paid:
____________________________________________________
(2) Form, Schedule or Registration Statement No.
____________________________________________________
(3) Filing Party:
____________________________________________________
(4) Date Filed:
____________________________________________________
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Stein Roe & Farnham Incorporated
Investment Counsel
One South Wacker Drive
Chicago, IL 60606-4685
312.368.7700
(Date)
(client name)
(address)
(city, state zip)
Dear Client:
We are proposing a change in the agreements relating to the
investment advisory services Stein Roe & Farnham provides to
the SteinRoe equity mutual funds. You probably have already
received proxy material for these matters which will be voted
on at the August 15th shareholder meeting. The Trustees--the
majority of whom are independent Trustees--have unanimously
approved these proposed changes.
You are being asked to vote on three agreements. For your
convenience, I've enclosed a recap of the proxy's key points.
The proposed agreements provide for an increase in the
portfolio management fees payable to Stein Roe & Farnham--
which amounts to less than $2 per year per $1,000 invested--
by six of the either SteinRoe equity funds.
We have not increased our mutual fund fee schedule in more
than seven years. As you know, investing in today's
continually changing economic climate has become increasingly
complex, and it is much more expensive to remain competitive
in this environment. The Funds' expenses have been below the
average of their peer groups and even with the proposed
increase we believe each of the Funds' expenses would remain
in line with or below the average.
These proposed agreements affect only your mutual fund
holdings and not any of your other assets managed by Stein
Roe & Farnham. Please feel free to call me if you have any
questions, or if I can be of assistance.
Sincerely,
(ICD manager name)
(title)
