RULE 497(E)
FILE NOS. 33-36556
AND 811-6154
SUPPLEMENT DATED OCTOBER 1, 1996
TO
PROSPECTUS DATED MAY 1, 1996
FOR LANDMARK INTERNATIONAL EQUITY FUND AND
LANDMARK EMERGING ASIAN MARKETS EQUITY FUND
The third and fourth paragraphs of the section entitled "Management -
Investment Adviser" on page 19 of the Prospectus are hereby deleted and
replaced in their entirety by the following:
"INTERNATIONAL EQUITY FUND. Trevor Forbes is based in
Citibank's London Office and is the manager of the
International Equity Fund. Mr. Forbes, who has been a
manager of the International Equity Fund since its
inception, is Head of European Equity Investment for
Citibank, a major component of the investment universe
of the International Equity Fund. Prior to joining
Citibank in 1991, Mr. Forbes managed the investment
business of Abbey Life, a major UK based insurance
group. Mr. Forbes calls on the extensive global
network of Citibank's investment business to select
securities in the world markets.
EMERGING ASIAN MARKETS EQUITY FUND. Shern Liang Tan
is based in Citibank's Singapore office and is the
manager of the Emerging Asian Markets Equity Fund.
Mr. Tan, who has been a manager of the Emerging Asian
Markets Equity Fund since its inception, has
responsibilities which include managing accounts
invested in industrial and emerging Asia-Pacific
equities. He joined Citibank in 1992."
