PSEQ 500
PSEQ 500x
Chase Vista Funds
Supplement Dated September 19, 2000
Class A, B, & C Shares
Prospectus Dated February 28, 2000 (revised June 1, 2000)
The following two paragraphs replace the last three paragraphs on page 79 in
the Fund's Investment Adviser section.
Chase Fleming Asset Management (USA) Inc. (CFAM (USA)) is the sub-adviser to
all the Funds except the Core Equity Fund, Equity Growth Fund, International
Equity Fund, European Fund and Japan Fund. It makes the day to day investment
decisions for those Funds. Chase pays CFAM (USA) a sub-advisory fee for its
services. CFAM (USA) is a wholly owned subsidiary of Chase. CFAM (USA) provides
discretionary investment services to institutional clients and is located at
1211 Avenue of the Americas, New York, NY 10036.
Chase Fleming Asset Management (London) Inc. (CFAM (L)) is the sub-adviser to
the International Equity Fund, European Fund and Japan Fund. It makes the day
to day investment decisions for those Funds. Chase pays CFAM (L) a sub-advisory
fee for its services. CFAM (L) is a wholly owned subsidiary of Chase. CFAM (L)
provides discretionary investment services to institutional clients and is
located at Colvie House, 32 Curzon Street London W1Y8AL.
The following paragraphs replace the existing paragraphs on page 81 in the
Fund's Investment Adviser section.
INTERNATIONAL EQUITY FUND
James Fisher and Chee Chow are both Vice Presidents at Chase. Mr. Fisher is the
Director in-charge of EAFE funds. He has worked at Chase since 1991 in numerous
investment roles. Prior to joining Chase, he worked at Save & Prosper in a fund
manager and manager trainee capacity. Mr. Chow has worked at Chase since
September of 1992 and over this period had roles in global asset allocation,
quantitative modeling and performance analytics. Mr. Fisher has managed the
fund since August 2000. Mr. Chow has managed the Fund since May 2000.
EUROPEAN FUND
James Elliot and Ajay Gambhir are both assistant directors of the European
Equity Group. Mr. Elliot joined Chase in June of 1995 as an executive in the
European Investment Banking group. He was appointed a portfolio manager in 1998
and Assistant Director in 1999. Mr. Gambhir joined Chase in December of 1997 as
a Fund manager in the
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European Equity Group. Prior to that he worked as a Fund manager at NM
Rothschild & Sons Limited. Mr. Gambhir was appointed Assistant Director in
April of 2000. Both have managed the Fund since August of 2000.
JAPAN FUND
Mr. Richard Aston, Vice President, Portfolio Manager at Chase is responsible
for the management of the Japan Fund. Mr. Aston has worked at Chase since April
2000. Prior to that he worked for AXAIM (formerly Sun Life Investment
Management) of the U.K. as a fund manager for a range of Japanese equity
portfolios. Mr. Aston has been managing the Fund since May 2000.
