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RUSSELL INSURANCE FUNDS
SUPPLEMENT DATED OCTOBER 8, 1998
TO THE PROSPECTUS DATED MAY 1, 1998
AS SUPPLEMENTED THROUGH AUGUST 20, 1998
Effective October 8, 1998, Russell Insurance Funds makes the following changes
to its Russell Insurance Funds Prospectus.
Non-U.S. Fund will be managed by the following Money Managers:
J.P. MORGAN INVESTMENT MANAGEMENT, INC., 522 Fifth Ave., 14th Floor, New
York, NY 10036, is a wholly owned subsidiary of J.P. Morgan & Co., Inc., a
publicly held bank holding company.
OESCHLE INTERNATIONAL ADVISORS, LLC, One International Place, 23rd Floor,
Boston, MA 02110, is a Delaware limited liability company that is
controlled by the following members: S. Dewey Keesler, Stephen P. Langer,
Walter Oeschle, L. Sean Roche, Steven H. Schaefer, Warren R. Walker and
Andrew S. Parlin.
THE BOSTON COMPANY ASSET MANAGEMENT, INC., One Boston Place, 14th Floor,
Boston, MA 02108-4402, is 100% owned by Mellon Bank Corporation, a publicly
held corporation.