Chase Vista Bond Funds
Supplement Dated September 19, 2000
Institutional Share Class
Prospectus Dated February 28, 2000
The following paragraph replaces the last paragraph on page 32 in the Fund's
Investment Adviser section.
Chase Fleming Asset Management (USA) Inc. (CFAM (USA)) is the sole sub-adviser
to each Fund except the Strategic Income Fund. CFAM (USA) is a wholly owned
subsidiary of Chase. CFAM (USA) and State Street Research & Management Company
(SSR) are the two sub-advisers to the Strategic Income Fund. SSR is a
wholly-owned subsidiary of the Metropolitan Life Insurance Company. CFAM (USA)
makes the day to day investment decisions for each Fund. SSR makes the day to
day investment decisions for the portion of the Strategic Income Fund that is
allocated in lower rated high yield securities of U.S. issuers (including
convertible securities and preferred stock). Chase pays CFAM (USA) and SSR a
sub-advisory fee for its services. CFAM (USA) provides discretionary
investment services to institutional clients and is located at 1211 Avenue of
the Americas, New York, NY 10036. SSR also provides discretionary investment
services to institutional and other clients. SSR is located at One Financial
Center, Boston, Massachusetts 02111.
