Portico Equity Index Fund
Portico Growth Fund
Portico Special Growth Fund
July 16, 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.
Marian Zentmyer, Maya Bittar and Walter Dewey 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 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. Ms. Zentmyer is
a Chartered Financial Analyst and Certified Financial Planner,
and Ms. Bittar and Mr. Dewey are Chartered Financial Analysts.
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.
