RIGGS FUNDS
CLASS R SHARES
RIGGS STOCK FUND
RIGGS SMALL COMPANY STOCK FUND
RIGGS LARGE CAP GROWTH FUND
RIGGS U.S. GOVERNMENT SECURITIES FUND
RIGGS BOND FUND
RIGGS INTERMEDIATE TAX FREE BOND FUND
RIGGS LONG TERM TAX FREE BOND FUND
RIGGS PRIME MONEY MARKET FUND
RIGGS U.S. TREASURY MONEY MARKET FUND
CLASS Y SHARES
RIGGS STOCK FUND
RIGGS SMALL COMPANY STOCK FUND
RIGGS U.S. GOVERNMENT SECURITIES FUND
RIGGS PRIME MONEY MARKET FUND
RIGGS U.S. TREASURY MONEY MARKET FUND
SUPPLEMENT TO PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION DATE JUNE 30,
2000
As of July 21, 2000 the Class B Shares of the Riggs Funds (the "Trust") were
eliminated. Class B Shares were converted into Class R Shares. Accordingly,
except as described below, please disregard any reference to Class B Shares in
the Prospectuses and Combined Statement of Additional Information for the Class
R and Class Y Shares.
In addition, please revise the second bullet point under the caption "Sales
Charge When You Redeem" on page 18 of the Class R Prospectus to read "You will
not be charged a CDSC when redeeming Shares which were received upon conversion
of Class B Shares to Class R Shares on or about July 21, 2000."
July 21, 2000
Cusip 76656A609
76656A807
76656A849
76656A500
76656A872
76656A864
76656A856
76656A203
76656A401
76656A781
76656A799
76656A773
76656A104
76656A302
25610 (7/00)