COVENTRY GROUP
497, 1999-12-22
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                               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



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