Firstar Stellar Treasury Fund
Firstar Stellar Tax-Free Money Market Fund
Firstar Stellar Ohio Tax-Free Money Market Fund
June 23, 1999
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Supplement to the Prospectus
dated March 31, 1999
Effective immediately, the investment adviser will waive 0.30% of the gross
management fee for the Ohio Tax-Free Money Market Fund. Currently the gross
management fee for the Ohio Tax-Free Money Market Fund is 0.55% of average daily
net assets. With the voluntary waiver, the management fee will effectively be
0.25% of average daily net assets. The adviser can terminate this voluntary
waiver at any time.
The prospectus is amended as follows:
Page 11
Under "Fund Expenses," the following sentence is added to footnote 1:
With the current waiver, the effective management fee is 0.25%.
Page 12
Under the subheading "Investment Adviser," the table displaying waiver amounts
is replaced by the following:
The amounts shown represent a percentage of each fund's average daily net
assets
Before After
waivers waivers
- ------------------------------------------- -------- ---------
Treasury Fund 0.50% 0.50%
Tax-Free Money Market Fund 0.55% 0.45%
Ohio Tax-Free Money Market Fund* 0.55% 0.25%
- ------------------------------------------- -------- ---------
*During the fiscal year ended November 30, 1998, the adviser waived 40
basis points of the management fees for the Ohio Tax-Free Money Market
Fund. For the foreseeable future, the adviser will waive 30 basis
points. The adviser can terminate this waiver at any time.
Please retain this Supplement with your Prospectus for future
reference.
