Universal Capital Growth Fund
Supplement to Prospectus Dated November 30, 1998
SALES CHARGE WAIVER
All investors will be entitled to purchase shares of the Fund at net asset
value, without the imposition of any sales charge, for all purchases made
through June 30, 1999 regardless of the amount of shares purchased.
This information supplements the information contained on pages 9-10 of the
Prospectus and elsewhere therein.
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This Supplement should be retained with your Prospectus for future
reference.
The date of the Prospectus Supplement is May 11, 1999.
