n:\shared\legal\brinson\stickers\1997\classI-d.doc
June 30, 1997
THE BRINSON FUNDS (the "Trust")
BRINSON GLOBAL FUND
BRINSON GLOBAL EQUITY FUND
BRINSON GLOBAL BOND FUND
(each, a "Fund" and together, the "Funds")
Supplement to Prospectus dated October 28, 1996, as revised
and supplemented to date
Effective June 30, 1997, the Trust will offer a new class of
shares of each of the Global Fund, Global Equity Fund and Global
Bond Fund series, known as "Brinson Global Fund-Class N,"
"Brinson Global Equity Fund-Class N" and "Brinson Global Bond
Fund-Class N" shares, respectively. In addition, the "Brinson
Global Fund," "Brinson Global Equity Fund" and "Brinson Global
Bond Fund" classes of shares have been redesignated as the
"Brinson Global Fund-Class I," "Brinson Global Equity Fund-Class
I" and "Brinson Global Bond Fund-Class I" shares. All references
in the Prospectus to "Brinson Fund class shares" should be read
to mean "Brinson Fund-Class I shares."
As a result of these changes, the Trust issues three classes of
shares that invest in the same portfolios of securities. The
Brinson Fund-Class I shares, offered by this Prospectus, are
designed primarily for institutional investors, do not have a
sales load and are not subject to Rule 12b-1 Plan expenses.
Although shareholders of the Brinson Fund-Class N and SwissKey
Fund class shares do not pay sales charges, shares of these
classes are subject to Rule 12b-1 Plan expenses, which vary
between these two classes. As a result of the classes' differing
expenses, performance will vary between the classes. In
addition, there are also differences in minimum investment
amounts and the voting rights as between the classes. Further
information about the SwissKey Fund class of shares of the Trust
may be obtained by calling 1-800-SWISSKEY. Further information
about the Brinson Fund-Class N shares of the Trust may be
obtained by calling 1-800-448-2430.
This information supplements and supersedes any contrary
information contained in the Funds' Prospectus. Please be sure
to retain this supplement with your Prospectus.
