ROBERTSON STEPHENS MUTUAL FUNDS
STATEMENT OF ADDITIONAL INFORMATION
June 5, 1998
This Statement of Additional Information (the "SAI") relates to the
proposed merger (the "Merger") of the Robertson Stephens Global Low-Priced Stock
Fund (the "Acquired Fund"), a series of Robertson Stephens Investment Trust, a
Massachusetts business trust (the "Trust"), into the Robertson Stephens Partners
Fund (the "Acquiring Fund"), another series of the Trust.
This SAI contains information which may be of interest to shareholders
but which is not included in the Prospectus/Proxy Statement dated June 5, 1998
(the "Prospectus/Proxy Statement") of the Trust which relates to the Merger. As
described in the Prospectus/Proxy Statement, the Merger would involve the
transfer of all the assets of the Acquired Fund to the Acquiring Fund in
exchange for shares of the Acquiring Fund and the assumption of all the
liabilities of the Acquired Fund. The Acquired Fund would distribute the
Acquiring Fund shares it receives to its shareholders in complete liquidation of
the Acquired Fund.
This SAI is not a prospectus and should be read in conjunction with the
Prospectus/Proxy Statement. The Prospectus/Proxy Statement has been filed with
the Securities and Exchange Commission and is available upon request and without
charge by writing to the Trust at 555 California Street, San Francisco,
California 94104 or by calling 1-800-766-3863.
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Table of Contents
Item Page
I. Additional Information about the Acquiring and Acquired Funds....3
II. Financial Statements............................................3
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I. Additional Information about the Acquiring and Acquired Funds.
This SAI is accompanied by the current Statement of Additional
Information of the Trust, dated March 1, 1998, which provides further
information relating to the Acquired and Acquiring Funds, including information
in respect of their investment objectives, policies, and financial histories.
The following documents, which have previously been filed with the
Securities and Exchange Commission, have been incorporated by reference into
Part A of this Registration Statement:
(1) Prospectus relating to Class A shares of the Trust dated March 1, 1998
(Registration Nos. 33-16439 and 811-5159).
(2) Prospectus relating to Class C shares of the Trust dated March 1, 1998
(Registration Nos. 33-16439 and 811-5159).
(3) Statement of Additional Information of the Trust dated March 1, 1998
(Registration Nos. 33-16439 and 811-5159).
(4) Annual Report to Shareholders of the Robertson Stephens Global
Low-Priced Stock Fund for the year ended December 31, 1997
(Registration Nos. 33-16439 and 811-5159).
(5) Annual Report to Shareholders of the Robertson Stephens Partners Fund
for the year ended December 31, 1997 (Registration Nos. 33-16439 and
811-5159).
II. Financial Statements.
This SAI is accompanied by the Annual Reports of the Acquired and
Acquiring Funds for the year ended December 31, 1997, each of which contains
historical financial information regarding such Funds. Such reports have been
filed with the Securities and Exchange Commission and are incorporated herein by
reference.
