THE RIVERFRONT INCOME EQUITY FUND
(A PORTFOLIO OF THE RIVERFRONT FUNDS)
CLASS A SHARES
CLASS B SHARES
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SUPPLEMENT TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED APRIL 30,
2000
A Special Meeting of the Shareholders of The Riverfront Income Equity Fund (the
"Fund"), a portfolio of The Riverfront Funds (the "Trust"), was held at 5800
Corporate Drive, Pittsburgh, Pennsylvania 15237-7010, at 2:00 p.m. (Eastern
Time), on December 8, 2000. Shareholders approved the changes described below.
This change will take effect as of December 8, 2000. Please keep this supplement
for your records.
CHANGED THE FUND'S INVESTMENT OBJECTIVES FROM THE CURRENT PRIMARY
INVESTMENT OBJECTIVE OF SEEKING A HIGH LEVEL OF INVESTMENT INCOME AND THE
SECONDARY OBJECTIVE OF
SEEKING CAPITAL APPRECIATION, TO A NEW INVESTMENT OBJECTIVE OF SEEKING
LONG-TERM GROWTH OF CAPITAL.
In addition, the Fund changed its name from The Riverfront Income Equity Fund to
The Riverfront Select Value Fund, upon approval of the change in investment
objective as described above.
December 8, 2000
CUSIPS 768709404
768709800
25885 (12/00)
