Chase Vista Bond Funds
Supplement Dated November 1, 2000
Institutional Share Class
Prospectus Dated February 28, 2000
On October 24, 2000, the Board of Trustees of the Chase Vista Funds approved the
following reorganizations:
Current Fund Successor Fund
------------ --------------
Chase Vista Bond Fund Chase Vista Select Bond Fund
Chase Vista US Government Securities Fund Chase Vista US Treasury Income Fund
Shareholders of record of each Current Fund as of November 10, 2000 will be
mailed a proxy statement giving them the opportunity to vote on a proposed
reorganization at a special shareholders' meeting on January 26, 2001. Under
each proposal, the Current Fund will transfer all of its assets and liabilities
to the Successor Fund listed across from it in the table above in exchange for
shares of the Successor Fund. As a result, the Current Fund shareholders would
receive a number Institutional class shares of the Successor Fund with a total
net asset value equal on the date of the exchange to the total net asset value
of the shareholders' Current Fund shares. For the Chase Vista US Treasury Income
Fund, the Institutional Class shares will be newly created. If approved by the
shareholders, the reorganization will take place on Monday, February 19, 2001 or
another date recommended by the Board of Trustees of the Chase Vista Funds.
