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SUPPLEMENT DATED AUGUST 31, 1998 TO PROSPECTUS DATED JANUARY 25, 1998
OF THE OAKMARK FAMILY OF FUNDS
RE-OPENING OF THE OAKMARK SMALL CAP FUND
Effective August 31, 1998, The Oakmark Small Cap Fund re-opened to purchases by
new investors.
REDUCED MINIMUM INVESTMENT
The minimum initial investment for each fund is now $500 for any investor who
elects the Automatic Investment Plan or the Payroll Deduction Plan.
SUPPLEMENT DATED AUGUST 31, 1998 TO PROSPECTUS DATED JANUARY 25, 1998
OF THE OAKMARK FAMILY OF FUNDS
RE-OPENING OF THE OAKMARK SMALL CAP FUND
Effective August 31, 1998, The Oakmark Small Cap Fund re-opened to purchases by
new investors.
REDUCED MINIMUM INVESTMENT
The minimum initial investment for each fund is now $500 for any investor who
elects the Automatic Investment Plan or the Payroll Deduction Plan.