<PAGE>
                         CHASE VISTA FIXED INCOME FUNDS
                      PROSPECTUSES DATED FEBRUARY 28, 2000
                                A, B, & C SHARES
                        SUPPLEMENT DATED JANUARY 3, 2001

STRATEGIC INCOME FUND

    THE FOLLOWING PARAGRAPH SHOULD REPLACE THE LAST PARAGRAPH IN THE "PORTFOLIO
MANAGERS" SECTION ON PAGE 42 OF THE PROSPECTUS:

    Kim M. Peters, a Senior Vice President of SSR, has been responsible for
management of the Fund's lower rated, high yield securities of U.S. issuers
since November 2000. Mr. Peters joined SSR in 1986 and manages other mutual fund
and institutional accounts that invest in high yield and other securities.

                                                                    PSBD-36-0101



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission