NOTTINGHAM INVESTMENT TRUST II
Investek Fixed Income Trust
SUPPLEMENT
Dated June 1, 2000
This Supplement to the Prospectus and Statement of Additional Information of the
Investek Fixed Income Trust ("Fund"), a series of the Nottingham Investment
Trust II ("Trust"), is to provide further notification to shareholders,
potential investors and other interested parties that the Fund's investment
advisor, Investek Capital Management, Inc. ("ICM") was acquired by EARNEST
Partners Limited, LLC ("EPL") on December 31, 1999. As a result, the Fund is
operating under a new Investment Advisory Agreement between the Trust and EPL,
which was approved by the Board of Trustees of the Trust at a meeting held on
December 20, 1999 and by a vote of a majority of shareholders of the Fund at a
Special Meeting of Shareholders held on May 25, 2000.
You should note that the portfolio management of the Fund did not change as a
result of shareholders approving the Investment Advisory Agreement. The
portfolio managers responsible for managing the Fund prior to EPL's acquisition
of ICM will continue to manage the Fund under the Investment Advisory Agreement.
You should also be aware that the terms of the Investment Advisory Agreement are
substantially similar to those contained in the previous investment advisory
agreement between the Trust and ICM.
Investors Should Retain This Supplement for Future Reference
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