<PAGE>
UAM FUNDS, INC.
ACADIAN EMERGING MARKETS PORTFOLIO & ACADIAN INTERNATIONAL EQUITY PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141- Kansas City, MO 64105
6081
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free ) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account number
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
AGreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
Acadian Emerging Markets Portfolio 0.06%
Acadian International Equity Portfolio 0.06%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
<PAGE>
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
The Board of Directors of UAM Funds, Inc. approved the liquidation and
dissolution of Acadian International Equity Portfolio at its meeting on
September 23, 1998. A special meeting of Shareholders will be held on
October 28, 1998 to vote on the liquidation and dissolution. If it is
approved, Acadian International Equity Portfolio will be dissolved and its
assets distributed to Shareholders on or about October 28, 1998.
<PAGE>
UAM FUNDS, INC.
DSI DISCIPLINED VALUE PORTFOLIO
INSTITUTIONAL SERVICE CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141- Kansas City, MO 64105
6081
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
DSI Disciplined Value Portfolio 0.06%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
THE DSI PORTFOLIOS
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
DSI Balanced Portfolio 0.06%
DSI Disciplined Value Portfolio 0.06%
DSI Limited Maturity Bond Portfolio 0.04%
DSI Money Market Portfolio 0.02%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
FMA SMALL COMPANY PORTFOLIO
INSTITUTIONAL CLASS SHARES
INSTITUTIONAL SERVICE CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
FMA Small Company Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
ICM FIXED INCOME PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
ICM Fixed Income Portfolio .04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
ICM SMALL COMPANY PORTFOLIO & ICM EQUITY PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141- Kansas City, MO 64105
6081
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
ICM Equity Portfolio 0.06%
ICM Small Company Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
<PAGE>
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
Important Portfolio Closing Information
Effective June 30, 1998, ICM Small Company Portfolio was closed to further
investment, except to persons who are shareholders of the Portfolio as of
June 30, 1998 and clients of Investment Counselors of Maryland, Inc. due to
concerns that an increase in the size of the Portfolio may adversely affect
implementation of the Portfolio's investment strategy. The Fund may choose
to reopen ICM Small Company Portfolio to new investments at any time, and
may subsequently close the Portfolio again should concerns regarding the
size of the Portfolio recur.
<PAGE>
UAM FUNDS, INC.
RICE, HALL, JAMES SMALL CAP PORTFOLIO & RICE, HALL, JAMES SMALL/MID
CAP PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
<TABLE>
<S> <C>
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
</TABLE>
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free ) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account number
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC IS 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
Rice, Hall, James Small Cap Portfolio 0.04%
Rice, Hall, James Small/Mid Cap Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
SAMI PREFERRED STOCK INCOME PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
SAMI Preferred Stock Income Portfolio 0.06%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
THE SIRACH PORTFOLIOS
INSTITUTIONAL CLASS SHARES
INSTITUTIONAL SERVICE CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
Sirach Bond Portfolio 0.04%
Sirach Equity Portfolio 0.04%
Sirach Growth Portfolio 0.04%
Sirach Special Equity Portfolio 0.04%
Sirach Strategic Balanced Portfolio 0.06%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
THE TS & W PORTFOLIOS
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
TS & W Balanced Portfolio 0.06%
TS & W Equity Portfolio 0.06%
TS & W Fixed Income Portfolio 0.04%
TS & W International Equity Portfolio 0.06%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
THE NWQ PORTFOLIOS
INSTITUTIONAL CLASS SHARES
INSTITUTIONAL SERVICE CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
NWQ Balanced Portfolio 0.06%
NWQ Small Cap Value Portfolio 0.04%
NWQ Special Equity Portfolio 0.04%
NWQ Value Equity Portfolio 0.04%
<PAGE>
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
The Board of Directors of UAM Funds, Inc. approved the liquidation and
dissolution of NWQ Equity Portfolio at its meeting on September 23, 1998. A
Special Meeting of Shareholders will be held on October 28, 1998 to vote on
the liquidation and dissolution. If it is approved, NWQ Equity Portfolio
will be dissolved and its assets distributed to Shareholders on or about
October 28, 1998.
<PAGE>
UAM FUNDS, INC.
THE MCKEE PORTFOLIOS
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free ) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
McKee Domestic Equity Portfolio 0.04%
McKee International Equity Portfolio 0.06%
McKee Small Cap Equity Portfolio 0.04%
McKee U.S. Government Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
THE C & B PORTFOLIOS
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
C & B Balanced Portfolio 0.06%
C & B Equity Portfolio 0.04%
C & B Mid Cap Portfolio 0.04%
C & B Taxable Equity Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS, INC.
STERLING PARTNERS' PORTFOLIOS
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 22, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6 081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct. # 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O. Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated from
the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
Sterling Partners' Balanced Portfolio 0.06%
Sterling Partners' Equity Portfolio 0.06%
Sterling Partners' Small Cap Value Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
