Boston Managed Growth Fund
Supplement Dated April 19, 1997
To Prospectus Dated October 31, 1996
The Fund's prospectus is supplemented with the following information:
Effectively immediately, the minimum initial investment and subsequent
investments have been reduced to $2,000 and $500 respectively. The reduction in
these amounts may be revised upon further notice to shareholders.
Effective April 1, 1997, United States Trust Company of Boston is the Fund's
Custodian and Transfer Agent. Shareholders should continue to direct
correspondence regarding the Fund to Boston Managed Growth Fund, c/o United
States Trust Company of Boston, 40 Court Street, Boston, MA 02108 and telephone
inquires to 1-800-626-7788 ext. 4050 or 1-617-695-4050.
