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Rule 497(e) File Nos. 33-36556 and 811-6154
Supplement dated February 8, 1999
to
Prospectus dated May 1, 1998
for
CitiFunds(SM) International Growth Portfolio
The third paragraph appearing in the "Management -- Investment Adviser" section
on page 15 of the Prospectus is replaced with the following:
Matthew Bowyer, a Vice President of Citibank, has managed the Fund since
February 1999. Mr. Bowyer is a Senior Portfolio Manager and Cross Border Equity
Strategist who has been responsible for managing global equity and balanced
portfolios at Citibank since mid 1996. Prior to that he ran a quantitative
research group, providing portfolio and market analyses to Citibank's equity and
fixed income teams in London. Before joining Citibank in 1985, Mr. Bowyer was a
senior analyst with National Economic Research Associates, a consulting firm.
