n:\shared\legal\brinson\stickers\1997\classI-c.doc
June 30, 1997
THE BRINSON FUNDS (the "Trust")
BRINSON U.S. BALANCED FUND
BRINSON U.S. EQUITY FUND
BRINSON U.S. 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 U.S. Balanced Fund, the U.S. Equity Fund,
and the U.S. Bond Fund series, known as "Brinson U.S. Balanced
Fund-Class N," "Brinson U.S. Equity Fund-Class N" and "Brinson
U.S. Bond Fund-Class N" shares, respectively. In addition, the
"Brinson U.S. Balanced Fund," "Brinson U.S. Equity Fund" and
"Brinson U.S. Bond Fund" classes of shares have been redesignated
as the "Brinson U.S. Balanced Fund-Class I," "Brinson U.S. Equity
Fund-Class I" and "Brinson U.S. 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.
