AVONDALE HESTER TOTAL RETURN FUND
Supplement Dated March 24, 2000
To Prospectus dated July 30, 1999
THE FOLLOWING INFORMATION SHOULD BE INSERTED ON PAGE 9 OF THE PROSPECTUS:
BUYING SHARES THROUGH BROKER DEALERS
You can buy shares of the Fund through certain brokers (and their agents)
that have executed an agreement with the Fund to sell its shares. When you place
your order with such a broker or its authorized agent, your order is treated as
if you had placed it directly with the Fund's Transfer Agent, and you will pay
or receive the next price calculated by the Fund. The broker (or agent) holds
your shares in an omnibus account in the broker's (or agent's) name, and the
broker (or agent) maintains your individual ownership records. The Advisor may
pay the broker (or its agent) for maintaining these records as well as providing
other shareholder services. The broker (or its agent) may charge you a fee for
handling your order. The broker (or agent) is responsible for processing your
order correctly and promptly, keeping you advised regarding the status of your
individual account, confirming your transactions and ensuring that you receive
copies of the Fund's prospectus.
