VISTA GROWTH AND INCOME FUND
VISTA GLOBAL FIXED INCOME FUND
VISTA CAPITAL GROWTH FUND
VISTA EQUITY INCOME FUND
VISTA LARGE CAP EQUITY FUND
VISTA INTERNATIONAL EQUITY FUND
VISTA SOUTHEAST ASIAN FUND
VISTA JAPAN FUND
VISTA EUROPEAN FUND
VISTA BALANCED FUND
VISTA U.S. GOVERNMENT SECURITIES FUND
VISTA SHORT-TERM BOND FUND
VISTA BOND FUND
VISTA U.S. TREASURY INCOME FUND
SUPPLEMENT DATED JULY 1, 1996 TO PROSPECTUSES FOR CLASS A AND CLASS B SHARES
DATED MAY 6, 1996
In the section of the Prospectus entitled "Other Information Concerning
the Fund", the following paragraph is inserted in lieu of the third paragraph
of the sub-section entitled "Shareholder Servicing Agents":
Chase and/or VFD may from time to time, at their own expense out of
compensation retained by them from the Fund or other sources available to
them, make additional payments to certain selected dealers or other
shareholder servicing agents for performing administrative services for their
customers. These services include maintaining account records, processing
orders to purchase, redeem and exchange Fund shares and responding to certain
customer inquiries. The amount of such compensation may be up to an
additional 0.10% annually of the average net assets of the Fund attributable
to shares of the Fund held by customers of such shareholder servicing agents.
Such compensation does not represent an additional expense to the Fund or its
shareholders, since it will be paid by Chase and/or VFD.
VMFG-36-796
