THE PILLAR FUNDS
SUPPLEMENT DATED JUNE 22, 2000
TO THE CLASS I SHARES PROSPECTUS DATED APRIL 30, 2000
This supplement provides new and additional information beyond that contained in
the Prospectus and should be retained and read in conjunction with the
Prospectus.
Under the heading entitled "Portfolio Managers," beginning on page 36,
paragraphs 8 and 9 have been deleted and replaced with the following:
Glen C. Corbitt serves as a Vice President of the Advisor. He has
co-managed the Equity Growth Fund since April, 1999 and the Mid Cap
Fund since November, 1999. Effective June 15, 2000, he became the
manager of both Funds. Prior to joining the Advisor in 1995, Mr.
Corbitt served as an accountant for Rockefeller Financial Services.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
PIL-A-022-04
<PAGE>
THE PILLAR FUNDS
SUPPLEMENT DATED JUNE 22, 2000
TO THE CLASS A AND B SHARES PROSPECTUS DATED APRIL 30, 2000
This supplement provides new and additional information beyond that contained in
the Prospectus and should be retained and read in conjunction with the
Prospectus.
Under the heading entitled "Portfolio Managers," beginning on page 45,
paragraphs 8 and 9 have been deleted and replaced with the following:
Glen C. Corbitt serves as a Vice President of the Advisor. He has
co-managed the Equity Growth Fund since April, 1999 and, effective June
15, 2000, became the manager of the Fund. Prior to joining the Advisor
in 1995, Mr. Corbitt served as an accountant for Rockefeller Financial
Services.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
PIL-A-025-04
