FREMONT MUTUAL FUNDS, INC.
Supplement dated March 8, 2000
to the
Prospectus dated February 10, 2000
FOR SHAREHOLDERS OF THE FREMONT U.S. MICRO-CAP FUND ONLY:
The Fremont U.S. Micro-Cap Fund (the "Fund") will close to new investors on
March 10, 2000. Shareholder who own shares of the Fund as of March 10, 2000, may
continue to purchase additional shares in their existing accounts. Financial
advisors and institutions that have existing client assets in the Fund may add
to their client accounts as well as open new accounts for other clients. Fremont
Investment Advisors, Inc., as the advisor of the Fund, may reopen and close the
Fund to certain types of new investors in the future.
After March 10th, shareholders that own other Fremont Mutual Funds, may not
exchange these shares into the Fremont U.S. Micro-Cap Fund unless they have an
existing Fremont U.S. Micro-Cap Fund account.