FFTW FUNDS, INC.
GLOBAL AND INTERNATIONAL PORTFOLIOS
PROSPECTUS DATED FEBRUARY 15, 2000
SUPPLEMENT DATED MARCH 10, 2000
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"PURCHASES" ON PAGE 23 OF THE PROSPECTUS:
Portfolio shares may be purchased directly from the Fund, or obtained by
employing the services of an outside broker or agent. Such broker or agent may
charge a fee for its services. The minimum initial investment in any Portfolio,
if shares are purchased directly from the Fund, is $100,000; such minimum may
be waived at the discretion of the FFTW or the Distributor, First Fund
Distributors, Inc. ("First Fund"). Subsequent investments or redemptions may be
of any amount. Initial investments, if obtained through a broker or agent may
be for amounts lower than $100,000. There are no loads or 12b-1 distribution
fees imposed by the Fund. Shares purchased will begin accruing dividends on the
day Federal funds are received.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"WIRING INSTRUCTIONS" ON PAGE 23 OF THE PROSPECTUS:
WIRING INSTRUCTIONS
To: Investors Bank & Trust Company, Boston, Massachusetts.
ABA Number: 011-0010438
Account Name: First Fund Distributors, Inc. - Purchase Account
Account Number: 933333333
Reference: (Indicate Portfolio name)
<PAGE>
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"TO PURCHASE SHARES" ON PAGE 24 OF THE PROSPECTUS:
<TABLE>
<CAPTION>
TO PURCHASE SHARES
------------------
<S> <C> <C> <C> <C>
- ----------------------------------------------------------------------------------------------------------------------------
PORTFOLIO NAME WHEN NET WHEN & HOW PROCEDURE FOR SAME DAY RESULT OF LATE NOTIFICATION OR
ASSET VALUE SHARES MAY BE PURCHASES DELAY IN RECEIPT OF FUNDS
IS PURCHASED
DETERMINED
- ----------------------------------------------------------------------------------------------------------------------------
o U.S. SHORT TERM All Business o Any Business o Purchasers must call Trade not effective on a given
o LIMITED DURATION Days Day First Fund at (800) day:
o MORTGAGE-BACKED 762-4848 or IBT at o If the Fund is notified after
o WORLDWIDE o Submitted (617) 330-6000 4:00 pm ET and the wire is
o WORLDWIDE-HEDGED orders must prior to 4:00 pm ET to received after 4:00 pm ET.
o INTERNATIONAL include a inform the Fund of the
o INFLATION-INDEXED completed incoming wire transfer. Trade effective on day when wire
HEDGED account is received:
application. o Purchasers must o If notice is given before 4:00
indicate which pm ET and the wire is received
o Federal funds Portfolio is to be after 4:00 pm ET.
must be wired purchased.
to First Trade effective on next business
Fund's "Fund o If Federal funds are day:
Purchase received by the Fund o If wire is received after 4:00
Account" at that day, the order pm ET and no notice is given.
IBT. will be effective that
day.
- ----------------------------------------------------------------------------------------------------------------------------
o GLOBAL TACTICAL Last Business o Last Business o Purchasers must call Trade not effective on a given
EXPOSURE Day of each Day of each First Fund at (800) day:
o EMERGING MARKETS month or on any month or any 762-4848 or IBT at o If the Fund is notified after
other Business other Business (617) 330-6000 prior to 4:00 pm ET and the wire is
Days approved Days approved 4:00 pm ET to inform received after 4:00 pm ET.
by the by the the Fund of the
Investment Investment incoming wire transfer. Trade effective on day when wire
Adviser. Adviser. is received:
o Purchasers must o If notice is given before
o Submitted indicate which 4:00 pm ET and the wire is
orders must Portfolio is to be received after 4:00 pm ET.
include a purchased.
completed Trade effective on next business
account o If Federal funds are day:
application. received by the Fund o If wire is received after 4:00
that day, the order pm ET and no notice is given.
o Federal funds will be effective that
must be wired day.
to First Fund's
"Fund Purchase
Account" at IBT.
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"DISTRIBUTION OF FUND SHARES" ON PAGE 27 OF THE PROSPECTUS:
DISTRIBUTION OF FUND SHARES
Shares of the Fund are distributed by First Fund Distributors, Inc. ("First
Fund") pursuant to a Distribution Agreement dated as of January 1, 2000 among
the Fund, the Administrator and First Fund. No fees are payable by the Fund
pursuant to the Distribution Agreement, and the Administrator bears the expense
of First Fund's distribution activities.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"SHAREHOLDER INQUIRIES" ON PAGE 40 OF THE PROSPECTUS:
<PAGE>
The Fund's SAI, annual and semi-annual reports are available, without charge,
upon request by contacting First Fund Distributors, Inc., 4455 Camelback Road,
Suite 261E, Phoenix, AZ 85018, (800) 762-4848.
FFTW FUNDS, INC.
U.S. PORTFOLIOS
PROSPECTUS DATED FEBRUARY 15, 2000
SUPPLEMENT DATED MARCH 10, 2000
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"PURCHASES" ON PAGE 22 OF THE PROSPECTUS:
Portfolio shares may be purchased directly from the Fund, or obtained by
employing the services of an outside broker or agent. Such broker or agent may
charge a fee for its services. The minimum initial investment in any Portfolio,
if shares are purchased directly from the Fund, is $100,000; such minimum may
be waived at the discretion of FFTW or the distributor, First Fund
Distributors, Inc., ("First Fund"). Subsequent investments or redemptions may
be of any amount. Initial investments, if obtained through a broker or agent
may be for amounts lower than $100,000. There are no loads or 12b-1
distribution fees imposed by the Fund. Shares purchased will begin accruing
dividends in all Portfolios except Mortgage LIBOR, Mortgage-Backed, and
Asset-Backed on the day Federal funds are received.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"WIRING INSTRUCTIONS" ON PAGE 22 OF THE PROSPECTUS:
WIRING INSTRUCTIONS:
To: Investors Bank & Trust Company, Boston, Massachusetts.
ABA Number: 011-0010438
Account Name: First Fund Distributors, Inc. - Purchase Account
Account Number: 933333333
Reference: (Indicate Portfolio name)
<PAGE>
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"TO PURCHASE SHARES" ON PAGE 23 OF THE PROSPECTUS:
<PAGE>
<TABLE>
<CAPTION>
TO PURCHASE SHARES
------------------
<S> <C> <C> <C> <C>
- ----------------------------------------------------------------------------------------------------------------------------
PORTFOLIO NAME WHEN NET WHEN & HOW PROCEDURE FOR SAME DAY RESULT OF LATE NOTIFICATION OR
ASSET VALUE SHARES MAY BE PURCHASES DELAY IN RECEIPT OF FUNDS
IS PURCHASED
DETERMINED
- ----------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------
o MONEY MARKET All Business o Any Business o Purchasers must call Trade not effective on a given
Days Day First Fund at (800) day:
762-4848 or IBT at o If the Fund is notified after
o Submitted (617) 330-6000 prior 12:00 p.m. ET and the wire is
orders must to 12:00 p.m. ET to received after 12:00 p.m. ET.
include a inform the Fund of the
completed incoming wire transfer. Trade effective on day when wire
account is received:
application. o Purchasers must indicate o If notice is given before
which Portfolio is to be 12:00 ET and the wire is
o Federal funds purchased. received after 12:00 ET.
must be wired
to First o If Federal funds are Trade effective on next business
Fund's received by the Fund that day:
"Fund day, the order will be o If wire is received after
Purchase effective that day. 12:00 p.m. ET and no notice
Account" at is given.
IBT.
- ----------------------------------------------------------------------------------------------------------------------------
o MORTGAGE LIBOR Last Business o Last Business o Purchasers must call Trade not effective on a given
o ASSET-BACKED Day of each Day of each First Fund at (800) day:
o HIGH YIELD week or on any week or on 762-4848 or IBT at o If the Fund is notified after
o GLOBAL HIGH other Business any other (617) 330-6000 prior to 4:00 p.m. ET and the wire is
YIELD Days approved Business Days 4:00 p.m. ET to inform received after 4:00 p.m. ET.
by the approved by the Fund of the incoming
Investment the Investment wire transfer. Trade effective on day when wire
Adviser. Adviser. is received:
o If notice is given before 4:00 p.m.
o Submitted o Purchasers must indicate ET and the wire is received after
orders must which Portfolio is to be 4:00 p.m. ET.
include a purchased.
completed Trade effective on next business
account o If Federal funds are day:
application. received by the Fund that o If wire is received after 4:00 p.m.
day, the order will be ET and no notice is given.
o Federal funds effective that day.
must be wired
to First Fund's
"Fund Purchase
Account" at IBT.
- -----------------------------------------------------------------------------------------------------------------------------
o ENHANCED EQUITY All Business o Any Business o Purchasers must call Trade not effective on a given
MARKET Days Day First Fund at (800) day:
o U.S. TREASURY 762-4848 or IBT at o If the Fund is notified after
o U.S. CORPORATE o Submitted (617) 330-6000 prior to 4:00 p.m. ET and the wire is
o BROAD MARKET orders must 4:00 p.m. ET to inform received after 4:00 p.m. ET.
o INTERNATIONAL include a the Fund of the incoming
CORPORATE completed wire transfer. Trade effective on day when wire
o INFLATION- account is received:
INDEXED application. o Purchasers must indicate o If notice is given before 4:00 p.m.
which Portfolio is to be ET and the wire is received after
o Federal funds purchased. 4:00 p.m. ET.
must be wired
to First o If Federal funds are Trade effective on next business
Fund's received by the Fund that day:
"Fund day, the order will be o If wire is received after 4:00 p.m.
Purchase effective that day. ET and no notice is given.
Account" at
IBT.
- -----------------------------------------------------------------------------------------------------------------------------
o INTERNATIONAL All Business o Any Business o Purchasers must call Trade not effective on a given
OPPORTUNITIES Days Day First Fund at (800) day:
762-4848 or IBT at o If the Fund is notified after
o Submitted (617) 330-6000 prior to 4:00 p.m. ET and the wire is
orders must 4:00 p.m. ET to inform received after 4:00 p.m. ET.
include a the Fund of the incoming
completed wire transfer. Trade effective on day when wire
account is received:
application. o Purchasers must indicate o If notice is given before 4:00 p.m.
which Portfolio is to be ET and the wire is received after
o Federal funds purchased. 4:00 p.m. ET.
must be wired
to First o If Federal funds are Trade effective on next business
Fund's "Fund received by the Fund that day:
Purchase day, the order will be o If wire is received after 4:00 p.m.
Account" at effective that day. ET and no notice is given.
IBT.
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"DISTRIBUTION OF FUND SHARES" ON PAGE 27 OF THE PROSPECTUS:
DISTRIBUTION OF FUND SHARES
Shares of the Fund are distributed by First Fund Distributors, Inc., pursuant
to a Distribution Agreement dated as of January 1, 2000 among the Fund, the
Administrator and First Fund. No fees are payable by the Fund pursuant to the
Distribution Agreement, and the Administrator bears the expense of First Fund's
distribution activities.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"SHAREHOLDER INQUIRIES" ON PAGE 41 OF THE PROSPECTUS:
The Fund's SAI, annual and semi-annual reports are available, without charge,
upon request by contacting First Fund Distributors, Inc., 4455 Camelback Road,
Suite 261E, Phoenix, AZ 85018, (800) 762-4848.
FFTW FUNDS, INC.
LIMITED DURATION PORTFOLIO
PROSPECTUS DATED APRIL 30, 1999
SUPPLEMENT DATED MARCH 10, 2000
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"PURCHASES" ON PAGE 6 OF THE PROSPECTUS:
Portfolio shares may be purchased directly from the Fund, or obtained by
employing the services of an outside broker or agent. Such broker or agent may
charge a fee for its services. The minimum initial investment in the Portfolio,
if shares are purchased directly from the Fund, is $100,000; such minimum may
be waived at the discretion of the Investment Adviser or the Distributor, First
Fund Distributors, Inc. ("First Fund"). Subsequent investments or redemptions
may be of any amount. Initial investments, if obtained through a broker or
agent may be for amounts lower than $100,000. There are no loads or 12b-1
distribution fees imposed by the Fund. Shares purchased will begin accruing
dividends.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"WIRING INSTRUCTIONS" ON PAGE 7 OF THE PROSPECTUS:
WIRING INSTRUCTIONS:
To: Investors Bank & Trust Company, Boston, Massachusetts.
ABA Number: 011-0010438
Account Name: First Fund Distributors, Inc.
Account Number: 933333333
Reference: (Indicate Portfolio name)
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"TO PURCHASE SHARES" ON PAGE 7 OF THE PROSPECTUS:
<TABLE>
<CAPTION>
TO PURCHASE SHARES
------------------
<S> <C> <C> <C> <C>
- ----------------------------------------------------------------------------------------------------------------------------
PORTFOLIO NAME WHEN NET WHEN & HOW PROCEDURE FOR SAME DAY RESULT OF LATE NOTIFICATION OR
ASSET VALUE SHARES MAY BE PURCHASES DELAY IN RECEIPT OF FUNDS
IS PURCHASED
DETERMINED
- ----------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------
LIMITED All Business o Any Business o Purchasers must call Trade not effective on a given
DURATION Days Day First Fund at (800) day:
762-4848 or IBT at o If the Fund is notified after
o Submitted (617) 330-6000 prior 4:00 pm ET and the wire is
orders must to 12:00 p.m. ET to received after 4:00 pm ET.
include a inform the Fund of the
completed incoming wire transfer. Trade effective on day when wire
account is received:
application. o Purchasers must indicate o If notice is given before
which Portfolio is to be 4:00 pm ET and the wire is
o Federal funds purchased. received after 4:00 pm ET.
must be wired
to First o If Federal funds are Trade effective on next business
Fund's received by the Fund that day:
"Fund day, the order will be o If wire is received after
Purchase effective that day. 4:00 pm ET and no notice
Account" at is given.
IBT.
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"DISTRIBUTION OF FUND SHARES" ON PAGE 10 OF THE PROSPECTUS:
DISTRIBUTION OF FUND SHARES
Shares of the Fund are distributed by First Fund Distributors, Inc. ("First
Fund"), pursuant to a Distribution Agreement dated as of January 1, 2000 by and
among the Fund, the Administrator, Investors Bank and First Fund. No fees are
payable by the Fund pursuant to the Distribution Agreement, and the
Administrator bears the expense of First Fund's distribution activities.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"SHAREHOLDER INQUIRIES" ON PAGE 19 OF THE PROSPECTUS:
The Fund's SAI, annual and semi-annual reports are available, without charge,
upon request by contacting the Distributor, First Fund Distributors, Inc., 4455
Camelback Road, Suite 261E, Phoenix, AZ 85018, (800) 762-4848.
FFTW FUNDS, INC.
WORLDWIDE-HEDGED PORTFOLIO
PROSPECTUS DATED FEBRUARY 8, 2000
SUPPLEMENT DATED MARCH 10, 2000
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"PURCHASES" ON PAGE 7 OF THE PROSPECTUS:
Portfolio shares may be purchased directly from the Fund, or obtained by
employing the services of an outside broker or agent. Such broker or agent may
charge a fee for its services. The minimum initial investment in the Portfolio,
if shares are purchased directly from the Fund, is $100,000; such minimum may
be waived at the discretion of the Investment Adviser or First Fund
Distributors, Inc. ("First Fund"). Subsequent investments or redemptions may be
of any amount. Initial investments, if obtained through a broker or agent may
be for amounts lower than $100,000. There are no loads or 12b-1 distribution
fees imposed by the Fund. Shares purchased will begin accruing dividends on the
day Federal funds are received.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"WIRING INSTRUCTIONS" ON PAGE 7 OF THE PROSPECTUS:
WIRING INSTRUCTIONS
To: Investors Bank & Trust Company, Boston, Massachusetts.
ABA Number: 011-0010438
Account Name: First Fund Distributors, Inc. - Purchase Account
Account Number: 933333333
Reference: Worldwide-Hedged Portfolio
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"TO PURCHASE SHARES" ON PAGE 8 OF THE PROSPECTUS:
<TABLE>
<CAPTION>
TO PURCHASE SHARES
------------------
<S> <C> <C> <C> <C>
- ----------------------------------------------------------------------------------------------------------------------------
PORTFOLIO NAME WHEN NET WHEN & HOW PROCEDURE FOR SAME DAY RESULT OF LATE NOTIFICATION OR
ASSET VALUE SHARES MAY BE PURCHASES DELAY IN RECEIPT OF FUNDS
IS PURCHASED
DETERMINED
- ----------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------
WORLDWIDE- All Business o Any Business o Purchasers must call Trade not effective on a given
HEDGED Days Day First Fund at (800) day:
762-4848 or IBT at o If the Fund is notified after
o Submitted (617) 330-6000 prior 4:00 pm ET and the wire is
orders must to 4:00 pm ET to received after 4:00 pm ET.
include a inform the Fund of the
completed incoming wire transfer. Trade effective on day when wire
account is received:
application. o Purchasers must indicate o If notice is given before
which Portfolio is to be 4:00 pm ET and the wire is
o Federal funds purchased. received after 4:00 pm ET.
must be wired
to First o If Federal funds are Trade effective on next business
Fund's received by the Fund that day:
"Fund day, the order will be o If wire is received after
Purchase effective that day. 4:00 pm ET and no notice
Account" at is given.
IBT.
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"DISTRIBUTION OF FUND SHARES" ON PAGE 10 OF THE PROSPECTUS:
DISTRIBUTION OF FUND SHARES
Shares of the Fund are distributed by First Fund Distributors, Inc. ("First
Fund"), pursuant to a Distribution Agreement dated as of January 1, 2000 by and
among the Fund, the Administrator, Investors Bank and First Fund. No fees are
payable by the Fund pursuant to the Distribution Agreement, and the
Administrator bears the expense of First Fund's distribution activities.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"SHAREHOLDER INQUIRIES" ON PAGE 20 OF THE PROSPECTUS:
The Fund's SAI, annual and semi-annual reports are available, without charge,
upon request by contacting the Distributor, First Fund Distributors, Inc., 4455
Camelback Road, Suite 261E, Phoenix, AZ 85018, (800) 762-4848.
FFTW FUNDS, INC.
STATEMENT OF ADDITIONAL INFORMATION DATED FEBRUARY 15, 2000
SUPPLEMENT DATED MARCH 10, 2000
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND ON THE FIRST PAGE
OF THE STATEMENT OF ADDITIONAL INFORMATION:
Distributed by:
First Fund Distributors, Inc. ("First Fund")
4455 Camelback Road
Suite 261E
Phoenix, AZ 85018
(800) 762-4848
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"SHAREHOLDER INFORMATION" ON PAGE 37 OF THE STATEMENT OF ADDITIONAL
INFORMATION:
The Transfer Agent will require a shareholder to provide requests in writing,
accompanied by a valid signature guarantee form, when changing certain
information in an account (i.e., wiring instructions, telephone privileges,
etc.). None of the Fund, First Fund and the Transfer Agent will be responsible
for the validity of written or telephonic requests.