VISTA INTERNATIONAL EQUITY FUND
SUPPLEMENT DATED JULY 22, 1996
TO THE PROSPECTUS DATED MAY 6, 1996
David Webb and Michael Browne, Vice Presidents of Chase, have been responsible
for the day-to-day management of the Fund since July 22, 1996. Mr. Webb was
previously with Hambros Bank Limited based in London and was responsible for
the asset allocation and portfolio management of international funds invested
in Asia. Mr. Webb also manages the Vista Japan Fund and Vista Southeast
Asian Fund. Prior to joining Chase, Michael Browne was Assistant Director of
Continental European Equities for BZW Investment, the investment arm of
Barclays Bank PLC, London, where he was responsible for stock selection for
external clients. Mr. Browne also manages the Vista European Fund.
