FILED PURSUANT TO RULE 497(e)
REGISTRATION FILE NO. 33-34080
March 11, 1999
ISG FUNDS
SUPPLEMENT TO PROSPECTUS
DATED NOVEMBER 9, 1998
AS REVISED, DECEMBER 14, 1998
THE FOLLOWING SUPPLEMENTS INFORMATION CONTAINED IN THE PROSPECTUS UNDER THE
CAPTION "HOW TO BUY SHARES--PURCHASE PRICE--NO SALES LOAD--CLASS A SHARES."
Class A Shares also may be purchased at net asset value or at a reduced sales
load, subject to appropriate documentation, through a broker-dealer or other
financial institution with the proceeds from the redemption of shares of a
registered open-end management investment company not managed by the Adviser or
its affiliates. The purchase of Class A Shares of a Fund must be made within 90
days of such redemption and the shares redeemed must have been subject to an
initial sales charge or a contingent deferred sales charge to have the Fund's
sales load waived or reduced to the extent of such sales charge.
