HARRIS INSIGHT(R) FUNDS
HARRIS INSIGHT EQUITY FUNDS
HARRIS INSIGHT FIXED INCOME FUNDS
HARRIS INSIGHT MONEY MARKET FUNDS
Class A Shares
SUPPLEMENT DATED OCTOBER 17, 1997
TO THE PROSPECTUS DATED MAY 1, 1997 AS
REVISED AUGUST 1, 1997 AND AUGUST 18, 1997
MONEY MARKET FUND - DETERMINATION OF NET ASSET VALUE
As described on page 54 of the Prospectus, the Money Market Fund normally
calculates net asset value (NAV) per share on each day the Fund is open for
business by dividing the value of the Fund's net assets (i.e., the value of its
securities and other assets less its liabilities) allocable to each class by the
number of shares of that class outstanding at the time the determination is
made. Shares are purchased and redeemed at their next determined net asset
value.
Effective October 17, 1997, the Money Market Fund will determine NAV per share
at 2:30 p.m., Eastern time, instead of the previous time, 12:00 noon. Purchase
orders received and accepted before 2:30 p.m., Eastern time, will receive that
day's NAV per share. For shareholders who have elected the wire redemption
privilege, if such a redemption request is received by 2:30 p.m., Eastern time,
on a day the Fund and the Fund's transfer agent are open for business, the
redemption proceeds normally will be transmitted to the shareholder's bank that
same day. For more information about share purchases and redemptions, see HOW TO
BUY SHARES and HOW TO SELL SHARES in the Prospectus.
HARRIS INSIGHT(R) FUNDS
HARRIS INSIGHT EQUITY FUNDS
HARRIS INSIGHT FIXED INCOME FUNDS
HARRIS INSIGHT MONEY MARKET FUNDS
Institutional Shares
SUPPLEMENT DATED OCTOBER 17, 1997
TO THE PROSPECTUS DATED MAY 1, 1997 AS REVISED AUGUST 1, 1997
MONEY MARKET FUND - DETERMINATION OF NET ASSET VALUE
As described on page 45 of the Prospectus, the Money Market Fund normally
calculates net asset value (NAV) per share on each day the Fund is open for
business by dividing the value of the Fund's net assets (i.e., the value of its
securities and other assets less its liabilities) allocable to each class by the
number of shares of that class outstanding at the time the determination is
made. Shares are purchased and redeemed at their next determined net asset
value.
Effective October 17, 1997, the Money Market Fund will determine NAV per share
at 2:30 p.m., Eastern time, instead of the previous time, 12:00 noon. Purchase
orders received and accepted before 2:30 p.m., Eastern time, will receive that
day's NAV per share. For shareholders who have elected the wire redemption
privilege, if such a redemption request is received by 2:30 p.m., Eastern time,
on a day the Fund and the Fund's transfer agent are open for business, the
redemption proceeds normally will be transmitted to the shareholder's bank that
same day. For more information about share purchases and redemptions, see HOW TO
BUY SHARES and HOW TO SELL SHARES in the Prospectus.
HARRIS INSIGHT(R) FUNDS
HARRIS INSIGHT MONEY MARKET FUNDS
SUPPLEMENT DATED OCTOBER 17, 1997
TO THE PROSPECTUS DATED MAY 1, 1997
AS REVISED AUGUST 1, 1997
MONEY MARKET FUND - DETERMINATION OF NET ASSET VALUE
As described on page 27 of the Prospectus, the Money Market Fund normally
calculates net asset value (NAV) per share on each day the Fund is open for
business by dividing the value of the Fund's net assets (i.e., the value of its
securities and other assets less its liabilities) allocable to each class by the
number of shares of that class outstanding at the time the determination is
made. Shares are purchased and redeemed at their next determined net asset
value.
Effective October 17, 1997, the Money Market Fund will determine NAV per share
at 2:30 p.m., Eastern time, instead of the previous time, 12:00 noon. Purchase
orders received and accepted before 2:30 p.m., Eastern time, will receive that
day's NAV per share. For shareholders who have elected the wire redemption
privilege, if such a redemption request is received by 2:30 p.m., Eastern time,
on a day the Fund and the Fund's transfer agent are open for business, the
redemption proceeds normally will be transmitted to the shareholder's bank that
same day. For more information about share purchases and redemptions, see HOW TO
BUY SHARES and HOW TO SELL SHARES in the Prospectus.
