Money Market Funds
Firstar Stellar Treasury Fund
Firstar Stellar Tax-Free Money Market Fund
Firstar Stellar Ohio Tax-Free Money Market Fund
Bond Funds
Firstar Stellar Strategic Income Fund
Firstar Stellar U.S. Government Income Fund
Firstar Stellar Insured Tax-Free Bond Fund
Stock Funds
Firstar Stellar Growth Equity Fund
Firstar Stellar Relative Value Fund
Firstar Stellar Fund
Firstar Stellar Capital Appreciation Fund
Firstar Stellar International Equity Fund
July 2, 1999
- --------------------------------------------------------------------------------
Supplement to the Statement of Additional Information
Dated March 31, 1999
Firstar Stellar Funds has decided to terminate the Star Points Frequent Investor
Program. The Star Points Frequent Investor Program was introduced in 1996 as a
way for investors to earn points towards a free round-trip airline ticket with
every dollar invested in the Funds. While the program was innovative for the
investment industry, only a small number of shareholders have benefited from the
program. As a result, Firstar Stellar Funds has decided to terminate the program
while striving to provide the best products and services to all investors.
Please note that Star Points will continue to accrue for purchases made through
September 17, 1999. If you have accrued at least 50,000 points by that date, you
will have until June 30, 2000 to redeem your points for air travel.
The Statement of Additional Information is amended as follows:
Page 55
- -------
Under the subheading "Frequent Investor Program," the following paragraph is
added:
The following rules regarding the Frequent Investor Program apply to
investments made through September 17, 1999. After that date, the
Frequent Investor Program will be terminated and investors will not be
able to accrue any more points towards a free round-trip airline
ticket. If you have accrued at least 50,000 points by September 17,
1999, you will have until June 30, 2000 to redeem your points for air
travel.
Please retain this Supplement with your Statement of
Additional Information for future reference.