Portico Equity Index Fund
Portico Growth Fund
Portico Special Growth Fund
September 22, 1997
Supplement to the Prospectus
Dated February 28, 1997
We are pleased to inform you about the following changes in the management of
Portico Equity Index Fund, Portico Growth Fund and Portico Special Growth Fund
and to provide you with background on the new managers. Federal securities
regulations require us to notify you whenever a portfolio manager of a fund
changes.
Effective July, 1997 -
Daniel Tranchita and Carl Smith co-manage the Equity Index Fund. Mr. Tranchita
is a Vice President and Portfolio Manager of FIRMCO and has been with Firstar
since 1989. Mr. Tranchita has eight years of investment management experience
and has managed the Fund since July 1, 1992. Mr. Tranchita is a Chartered
Financial Analyst. Mr. Smith, an Assistant Vice President and Portfolio
Manager of FIRMCO, has been with Firstar since 1982 and has managed the Fund
since July 1, 1997. Mr. Smith has four years of investment management
experience.
J. Scott Harkness and Todd Krieg co-manage the Special Growth Fund. Mr.
Harkness has managed the Fund since its inception on December 28, 1989. Mr.
Harkness is Chairman, a Director and Chief Investment Officer of FIRMCO. He
has been with Firstar for sixteen years and has seventeen years of investment
management experience. Mr. Krieg has been with Firstar since 1992 and has five
years of investment management experience. Mr. Krieg is a Vice President and
Senior Portfolio Manager of FIRMCO and has managed the Fund since September 1,
1994. Mr. Harkness and Mr. Krieg are Chartered Financial Analysts.
(continued)
Effective September, 1997 -
Marian Zentmyer, Maya Bittar, Walter Dewey and Alex Paul co-manage the
Growth Fund. Ms. Zentmyer has managed the Fund since June 18, 1996. Ms.
Zentmyer, a Senior Vice President and Senior Portfolio Manager of FIRMCO, has
been with Firstar since 1982 and has eighteen years of investment management
experience. Ms. Bittar is a Vice President and Senior Portfolio Manager of
FIRMCO and has been with Firstar since 1993. She has four years of investment
management experience and has managed the Fund since December 1, 1996. Walter
Dewey, a Vice President and Senior Portfolio Manager of FIRMCO, has been with
Firstar since 1986 and has twelve years of investment management experience.
Mr. Dewey has managed the Fund since July 7, 1997. Mr. Paul, an Assistant Vice
President and Portfolio Manager of FIRMCO, has been with Firstar since 1995
and has three years of investment management experience. Mr. Paul has managed
the fund since September 9, 1997. Ms. Zentmyer is a Chartered Financial
Analyst and Certified Financial Planner, and Ms. Bittar, Mr. Dewey and Mr. Paul
are Chartered Financial Analysts.
Portico Growth Fund
September 22, 1997
Supplement to the Prospectus
Dated February 28, 1997
We are pleased to inform you about the following addition to the management
team of Portico Growth Fund and to provide you with background on the new
manager. Federal securities regulations require us to notify you whenever a
portfolio manager of a fund changes.
Effective September, 1997 -
Alex Paul joins Marian Zentmyer, Maya Bittar and Walter Dewey as co-manager of
the Growth Fund. Mr. Paul, an Assistant Vice President and Portfolio Manager
of FIRMCO, has been with Firstar since 1995 and has three years of investment
management experience. Mr. Paul has managed the fund since September 9, 1997.
In addition, Mr. Paul is a Chartered Financial Analyst.
Portico MicroCap Fund
September 22, 1997
Supplement to the Prospectus
Dated February 28, 1997
We are pleased to inform you about the following change in the management of
Portico MicroCap Fund. Federal securities regulations require us to notify
you whenever a portfolio manager of a fund changes.
Effective September, 1997 -
Joe Frohna manages the MicroCap Fund. Mr. Frohna has been with Firstar since
1995 and has four years of investment management experience. Mr. Frohna is
an Assistant Vice President and Portfolio Manager of FIRMCO and has managed the
Fund since September 9, 1997. Mr. Frohna is a Chartered Financial Analyst.
