Rule 497(e)
File Nos. 33-34841 and 811-6011
THE MONTGOMERY FUNDS
Supplement dated April 20, 1999, to the
Statement of Additional Information
dated January 31, 1999
For all Funds
Mutual Funds Service Corporation, an affiliate of The Chase Manhattan Bank,
which serves as the Funds' custodian, will assume various administrative and
fund accounting responsibilities beginning on May 3, 1999. Until that change
becomes effective, First Data Investors Services Group will continue to perform
those responsibilities. Montgomery Asset Management, LLC will continue to serve
as the overall Administrator for the Funds and supervise the administrative and
other services performed for the Funds.
