THE COVENTRY GROUP
WALDEN/BBT DOMESTIC SOCIAL INDEX FUND
WALDEN/BBT INTERNATIONAL SOCIAL INDEX FUND
(the "Funds")
Supplement Dated December 22, 1999 to the
Statement of Additional Information dated July 30, 1999
The following information supplements the disclosure on pages 12 and 13 of the
Statement of Additional Information under the heading "INVESTMENT ADVISER":
Walden Asset Management ("Walden"), the socially responsive investment
division of United States Trust Company of Boston (the "Adviser"), maintains a
consulting arrangement with Brethren Benefit Trust, Inc. ("BBT") pursuant to
which BBT provides information to Walden concerning issues of international
peace and social justice. The consulting fee received by the BBT for these
services is paid directly by Walden to the BBT and is not paid by the Funds. For
its consulting services BBT receives a consulting fee from Walden equal on an
annual basis to 0.05% of each Funds' average net assets. The consulting service
provided by the BBT to Walden is used exclusively by Walden with regard to the
Funds.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE