MUTUAL FUND GROUP
497, 1996-05-09
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VISTA LARGE CAP EQUITY FUND

SUPPLEMENT DATED MAY 9, 1996
TO THE PROSPECTUSES DATED MAY 6, 1996

Greg Adams, Director of U.S. Equity Research at Chase, has been primarily 
responsible for the day-to-day management of the Fund since May 6, 1996.  
Mr. Adams joined Chase in 1987 and is also responsible for co-managing the 
Vista Growth and Income Fund and the Vista Balanced Fund.  In addition, Mr. 
Adams has been responsible for overseeing the proprietary computer model 
program used in the U.S. equity selection process.


VLC-36-596



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