SUPPLEMENT
DATED FEBRUARY 10, 1999
TO THE PROSPECTUS DATED MAY 1, 1998
(AS REVISED SEPTEMBER 1, 1998)
WEISS, PECK & GREER, L.L.C. MUTUAL FUNDS
WPG Government Money Market Fund
WPG Tax Free Money Market Fund
WPG Intermediate Municipal Bond Fund
WPG Core Bond Fund
WPG Growth and Income Fund
WPG Tudor Fund
Weiss, Peck & Greer International Fund
WPG Growth Fund
WPG Quantitative Equity Fund
The combined Prospectus, dated May 1, 1998 (as revised September 1, 1998), for
the above referenced funds is revised as follows:
1. The sixth paragraph under "Portfolio Managers" in the "Management"
section of the Prospectus is replaced with the following:
WPG TUDOR FUND. Laurence Zuriff is the portfolio manager of the WPG
Tudor Fund. Mr. Zuriff has been a managing director and research
analyst for the Small Cap Growth Division of WPG since 1996. Prior
thereto, Mr. Zuriff was a vice president of York Capital Management and
a growth equity analyst at Granite Capital.
2. As of November 30, 1998, WPG Growth Fund ("Growth Fund") has been
liquidated. Shares of the Growth Fund are no longer offered to the
public. All references to the Growth Fund in the Prospectus are
deleted.
3. The address of the funds' transfer agent, First Data Investor Services
Group, Inc., is replaced by the following address:
P.O. Box 61503
King of Prussia, PA 19406-0903
The transfer agent's address appears in the following sections of the
Prospectus:
PROSPECTUS SECTION PARAGRAPH
- ------------------ ---------
HOW TO PURCHASE SHARES Fourth -- "By Mail"
SHAREHOLDER SERVICES First -- "Shareholder Inquiries and Services
Offered"
HOW TO REDEEM SHARES First -- untitled
MANAGEMENT OF THE FUNDS Fifteenth -- "Transfer Agent and Dividend Disbursing
Agent"
