Firstar Funds
Money Market Fund
Institutional Money Market Fund
U.S. Treasury Money Market Fund
U.S. Government Money Market Fund
Tax-Exempt Money Market Fund
Short-Term Bond Market Fund
Intermediate Bond Market Fund
Tax-Exempt Intermediate Bond Fund
Bond IMMDEXTM Fund
Balanced Income Fund
Balanced Growth Fund
Growth and Income Fund
Equity Index Fund
MidCap Index Fund
Growth Fund
Special Growth Fund
Emerging Growth Fund
MicroCap Fund
Core International Equity Fund
International Equity Fund
May 8, 2000
Supplement to the Statement of Additional Information dated March 1, 2000 (as
revised March 17, 2000)
Page 13
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The clause "Except the Equity Index Fund and MidCap Index Fund" is deleted from
the heading "Other Investment Considerations - All Funds".
Page 34
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The first sentence under the heading "Foreign Securities and American Depository
Receipts ("ADRs")" is replaced as follows:
In addition to the direct investments in foreign securities that each Fund may
make, the Taxable Bond Funds, Balanced Funds, Growth and Income, Growth, Special
Growth, Emerging Growth, MicroCap, International Equity and Core International
Equity Funds may invest in sponsored ADRs.