UAM FUNDS
SIRACH PORTFOLIOS
INSTITUTIONAL CLASS SHARES
INSTITUTIONAL SERVICE CLASS SHARES
Sirach Growth Portfolio
Sirach Special Equity Portfolio
Sirach Strategic Balanced Portfolio
Sirach Fixed Income Portfolio
Sirach Short-Term Reserves Portfolio
Sirach Equity Portfolio
Supplement dated July 25, 1997 to the Statement of Additional Information
dated January 3, 1997 as supplemented June 20, 1997
The following information is provided to supplement the list of
publications, indices and averages as set forth on Pages 17-19
under the heading "PERFORMANCE CALCULATIONS - COMPARISONS":
Russell 2500 Growth Index - contains those Russell 2500
securities with a greater-than-average growth orientation.
Securities in this index tend to exhibit higher price-to-
book and price-earnings ratios, lower dividends and higher
forecasted growth values than the Value universe.
Russell 2500 Value Index - contains those Russell 2500
securities with a less-than-average growth orientation. It
represents the universe of stocks from which value managers
typically select. Securities in this index tend to exhibit
low price-to-book and price-earnings ratios, higher dividend
yields and lower forecasted growth values than the Growth
universe.
In addition, the following information replaces (s) on Page 18
under the heading "PERFORMANCE CALCULATIONS - COMPARISONS":
Composite Indices - 70% Standard & Poor's 500 Stock Index
and 30% NASDAQ Industrial Index; 35% Standard & Poor's 500
Stock Index and 65% Salomon Brothers High Grade Bond Index;
all stocks on the NASDAQ system exclusive of those traded on
an exchange; 65% Standard & Poor's 500 Stock Index and 35%
Salomon Brothers High Grade Bond Index; 50% Standard &
Poor's 500 Stock Index and 50% Lehman Brothers Aggregate
Bond Index; 50% Standard & Poor's 500 Stock Index and 50%
Lehman Brothers Government/Corporate Index; 45% Standard &
Poor's 500 Stock Index, 45% Lehman Brothers Aggregate Bond
Index and 10% Salomon Brothers 3-Month Treasury Bill Index;
and 45% Standard & Poor's 500 Stock Index, 45% Lehman
Brothers Government/Corporate Index and 10% Salomon Brothers
3-Month Treasury Bill Index.
