UAM FUNDS
FUNDS FOR THE INFORMED INVESTOR sm
SUPPLEMENT DATED JUNE 30, 2000, TO THE
PROSPECTUSES FOR THE FMA SMALL COMPANY PORTFOLIO
(THE "PORTFOLIO")
The portfolio's prospectuses are hereby
revised to permit the portfolio to invest,
under normal circumstances, at least 65% of
its assets in companies with small market
capitalizations at the time of initial
purchase. The portfolio considers a company
to have a small market capitalization when
its market capitalization is less than $1
billion or when its market capitalization
falls within the market capitalization range
of the Russell 2000 Index. As of May 31,
2000, the Russell 2000 Index had a weighted
average market capitalization of $1.4
billion. As of the same date the smallest
company in the Russell 2000 had a market
capitalization of $10 million and the largest
company had a market capitalization of $8.9
billion.
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