SMITH BARNEY SHEARSON
WORLDWIDE PRIME ASSETS FUND
(the "Fund")
SUPPLEMENT TO PROSPECTUS
DATED APRIL 1, 1993
The Fund's Board of Trustees has approved proposed changes to the Fund's
investment objective and policies. Under the proposed changes the Fund will
establish a 1.5-year weighted average maturity limitation on the Fund's
portfolio and extend the maximum remaining maturity restriction as to any of
the Fund's securities from one year to three years. In addition, the Trustees
proposed a modification to the Fund's investment policy which would extend the
acceptable rating range of investments for the Fund to include any securities
in the top two investment grades.
The proposed changes are subject to the approval of the Fund's
shareholders. Proxy materials describing the proposed changes were mailed to
the Fund's shareholders of record as of December 2, 1993 in anticipation of
the Special Meeting of Shareholders scheduled to be held on February 1, 1994.
Dated: January 3, 1994
FD0469 A4
Shared /domestic/clients/shearson/funds/linc/supp.doc 2
