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UAM FUNDS Funds for the Informed Investorsm SUPPLEMENT DATED JUNE 22, 1999 TO THE FMA SMALL COMPANY PORTFOLIO INSTITUTIONAL AND INSTITUTIONAL SERVICE CLASS PROSPECTUSES DATED FEBRUARY 16, 1999 Except as the officers of the portfolio may permit, to invest in the portfolio you must satisfy the following minimum investment requirements: TO OPEN AN ACCOUNT TO BUY MORE SHARES MINIMUM $2,500-regular account $100 INVESTMENTS $500-IRAs $250-spousal IRAs [UAM logo]
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