FFTW FUNDS INC
497, 2000-09-21
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                                FFTW FUNDS, INC.
                          PROSPECTUS DATED MAY 1, 2000
                      SUPPLEMENT DATED SEPTEMBER 21, 2000



THE  FOLLOWING  INFORMATION  REPLACES  INFORMATION  FOR  THE  EMERGING  MARKETS
PORTFOLIO  FOUND  UNDER  THE  HEADING  "PORTFOLIO  MANAGERS"  ON PAGE 23 OF THE
PROSPECTUS, AND THE SUPPLEMENT OF JULY 24, 2000:

ANTONIO MUOZ-SU,  SENIOR PORTFOLIO MANAGER.  Mr. Muoz-Su is responsible for the
management of the Emerging Markets Portfolio. He joined FFTW in September 2000,
after two years with the BNP Paribas Group in London,  where he was responsible
for their  Global  Emerging  Markets and European  High Yield Debt  Portfolios.
Prior to 1998,  Mr.  Muoz-Su was the head of the Emerging  Markets  Proprietary
trading desk at Banco Bilbao Vizcaya (formerly  LatInvest).  Prior to 1996, Mr.
Muoz-Su was a sales and trading  assistant  with J.P.  Morgan  specializing  in
emerging  markets in London.  Mr.  Muoz-Su has a Masters in Finance from London
Business School (1995) and a Ph.D. in Music from University of Michigan (1987).



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