FIRSTAR STELLAR FUNDS
Treasury Fund Growth Equity Fund
Tax-Free Money Market Fund Relative Value Fund
Ohio Tax-Free Money Market Fund Science & Technology Fund
Strategic Income Fund Stellar Fund
U.S. Government Income Fund Capital Appreciation Fund
Insured Tax-Free Bond Fund International Equity Fund
August 1, 2000
--------------------------------------------------------------------------------
Supplement to the Prospectus
dated March 31, 1999
CHANGE IN DISTRIBUTOR
On August 1, 2000, Quasar Distributors, LLC will replace Edgewood Services, Inc.
as the Trust's distributor. Accordingly, the paragraph on pages 12, 14 and 23 of
the Money Market Funds, Bond Funds and Stock Funds prospectuses, respectively
should be revised as follows:
Quasar Distributors, LLC is the distributor for shares of the funds.
Quasar is based in Milwaukee, Wisconsin and is a member of the National
Association of Securities Dealers.
PLEASE RETAIN THIS SUPPLEMENT WITH YOUR PROSPECTUS FOR FUTURE REFERENCE.
Firstar Stellar Funds
August 1, 2000
--------------------------------------------------------------------------------
Supplement to the Statement of Additional Information
dated March 31, 2000
The Statement of Additional Information is amended as follows:
UNDER "DISTRIBUTION PLAN" ON PAGE 53
--------------------------------------
Effective August 1, 2000 the Distributor for the Funds is Quasar Distributors,
LLC.
UNDER "MANAGEMENT OF THE FUND" ON PAGES 46-48
-----------------------------------------------
As of July 20, 2000, the Trust's new president is Bruce Laning, President of
Firstar Investment Research & Management Company, LLC. Please replace the
information concerning Daniel B. Benhase with the following:
<TABLE>
<CAPTION>
------------------------------ ---------------------- --------------------- --------------------------------------------
NAME AND ADDRESS AGE POSITION AND OFFICE PRINCIPAL OCCUPATION
WITH THE TRUST DURING THE PAST FIVE YEARS
------------------------------ ---------------------- --------------------- --------------------------------------------
<S> <C> <C> <C>
Bruce R. Laning 41 President President, Firstar Investment Research &
Firstar Investment Research Management Company, LLC, February 2000 -
& Management Company, LLC present; Senior Investment Officer,
777 E. Wisconsin Avenue FIRMCO, 1993 - 2000.
Milwaukee, WI 53202
------------------------------ ---------------------- --------------------- --------------------------------------------
</TABLE>
As of July 20, 2000, the Trust's new treasurer is Cheryl L. King, the previous
Assistant Treasurer of the Trust. Please replace the information concerning
Michael T. Karbouski with the following:
<TABLE>
<CAPTION>
------------------------------ ---------------------- --------------------- --------------------------------------------
NAME AND ADDRESS AGE POSITION AND OFFICE PRINCIPAL OCCUPATION
WITH THE TRUST DURING THE PAST FIVE YEARS
------------------------------ ---------------------- --------------------- --------------------------------------------
<S> <C> <C> <C>
Cheryl L. King 38 Treasurer Assistant Vice President, Firstar Mutual
Firstar Mutual Fund Fund Services, LLC, October 1998 to
Services, LLC present; Financial Analyst, Sunstone
615 E. Michigan Street Financial Group, Inc., Milwaukee,
Milwaukee, WI 53202 Wisconsin, 1996 to 1998; Accountant,
Nicholas Company, Inc., Milwaukee,
Wisconsin, 1981 to 1996.
------------------------------ ---------------------- --------------------- --------------------------------------------
</TABLE>
PLEASE RETAIN THIS SUPPLEMENT WITH YOUR STATEMENT
OF ADDITIONAL INFORMATION FOR FUTURE REFERENCE.
