FIRSTAR FUNDS, INC.
U.S. GOVERNMENT MONEY MARKET FUND, U.S. TREASURY MONEY MARKET FUND, TAX-EXEMPT
MONEY MARKET FUND, SHORT-TERM BOND MARKET FUND, INTERMEDIATE BOND MARKET FUND,
TAX-EXEMPT INTERMEDIATE BOND FUND, BALANCED INCOME FUND, BALANCED GROWTH FUND,
GROWTH AND INCOME FUND, EQUITY INDEX FUND, GROWTH FUND, MIDCAP INDEX FUND,
SPECIAL GROWTH FUND, EMERGING GROWTH FUND, CORE INTERNATIONAL EQUITY FUND AND
INTERNATIONAL EQUITY FUND
Supplement dated November 27, 2000 to the Prospectus for Y Shares of the
Non-Money Market Funds and Institutional Shares of the Money Market Funds dated
September 14, 2000 (as revised October 16, 2000).
In accordance with resolutions unanimously approved by the Board of Directors of
Firstar Funds, Inc. ("Firstar" or the "Company") on June 16, 2000, on November
27, 2000, each of the following portfolios offered by Mercantile Mutual Funds,
Inc. ("Mercantile") and Firstar Stellar Funds ("Stellar") reorganized into the
corresponding portfolio offered by the Company indicated below:
<TABLE>
<CAPTION>
<S> <C>
MERCANTILE FUND CORRESPONDING FIRSTAR FUND
Mercantile Treasury Money Market Portfolio Firstar U.S. Treasury Money Market Fund
Mercantile Tax-Exempt Money Market Portfolio Firstar Tax-Exempt Money Market Fund
Mercantile Intermediate Corporate Bond Portfolio Firstar Intermediate Bond Market Fund
Mercantile Short-Intermediate Municipal Portfolio Firstar Tax-Exempt Intermediate Bond
Fund
Mercantile Balanced Portfolio Firstar Balanced Growth Fund
Mercantile Equity Index Portfolio Firstar Equity Index Fund
Mercantile Growth & Income Equity Portfolio Firstar Growth & Income Fund
Mercantile Growth Equity Portfolio Firstar Growth Fund
Mercantile Small Cap Equity Portfolio Firstar Emerging Growth Fund
Mercantile International Equity Portfolio Firstar Core International Equity Fund
STELLAR FUND CORRESPONDING FIRSTAR FUND
Stellar Treasury Fund Firstar U.S. Treasury Money Market Fund
Stellar Tax-Free Money Market Fund Firstar Tax-Exempt Money Market Fund
Stellar Capital Appreciation Fund Firstar MidCap Index Fund
Stellar Fund Firstar Balanced Income Fund
</TABLE>
Effective November 27, 2000, the following Funds changed their names as follows:
PRIOR NAME CURRENT NAME
---------- ------------
Firstar Short-Term Bond Market Fund Firstar Short-Term Bond Fund
Firstar Intermediate Bond Market Fund Firstar Intermediate Bond Fund
Firstar Growth Fund Firstar Large Cap Core Equity Fund
Firstar Special Growth Fund Firstar MidCap Core Equity Fund
Firstar Emerging Growth Fund Firstar Small Cap Core Equity Fund
Firstar Core International Equity Fund Firstar International Growth Fund
Firstar International Equity Fund Firstar International Value Fund
[THIS ASSUMES THAT THE NAME CHANGES FOR THE SHORT-TERM BOND MARKET, SPECIAL
GROWTH AND INTERNATIONAL EQUITY FUNDS WILL BE EFFECTIVE AT THE FIRST CLOSING.
FIRMCO PLEASE CONFIRM.]
Effective November 27, 2000, Y Shares of the Firstar Small Cap Core Equity and
International Growth Funds and Institutional Shares of the Firstar U.S. Treasury
Money Market Fund are no longer being offered by this Prospectus.
Effective November 27, 2000 the Prospectus is amended as follows:
PAGE 5
Under EXAMPLE, replace the chart with the following:
1 YEAR 3 YEARS 5 YEARS 10 YEARS
------ ------- ------- --------
U.S. Government Money Market Fund 118 368 638 1,409
PAGE 9
Under EXAMPLE, replace the chart with the following:
1 YEAR 3 YEARS 5 YEARS 10 YEARS
------ ------- ------- --------
Tax-Exempt Money Market Fund $95 $296 $515 $1,143
PAGE 15
Under EXAMPLE, replace the information concerning the Intermediate Bond Fund
with the following:
1 YEAR 3 YEARS 5 YEARS 10 YEARS
------ ------- ------- --------
Intermediate Bond Fund 97 303 525 1,166
PAGE 27
Under EXAMPLE, replace the chart with the following:
1 YEAR 3 YEARS 5 YEARS 10 YEARS
------ ------- ------- --------
Balanced Growth Fund $129 $403 $697 $1,534