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HIGHMARK FUNDS
SUPPLEMENT DATED JANUARY 12, 1999 TO
STATEMENT OF ADDITIONAL INFORMATION DATED NOVEMBER 30, 1998,
AS AMENDED JANUARY 8, 1999
Capitalized terms used in this Supplement and not defined have the same meaning
as in the Statement of Additional Information.
On December 31, 1998, the assets of the HighMark Convertible
Securities Fund were liquidated and the proceeds distributed or reinvested in
accordance with the governing documents of the investing fiduciary accounts.
On January 11, 1999, the HighMark Blue Chip Growth Fund consolidated
into the HighMark Growth Fund and the HighMark Government Securities Fund
consolidated into the HighMark Bond Fund pursuant to a Plan of Reorganization
approved by shareholders.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THE STATEMENT OF ADDITIONAL INFORMATION
FOR FUTURE REFERENCE
