Filed pursuant to Rule 497(e)
under the Securities Act of
1933, as amended.
File No. 33-47287
File No. 811-6637
THE BRINSON FUNDS
SUPPLEMENT TO THE PROSPECTUS
FOR THE BRINSON FUND -- CLASS N SHARES
Prospectus Dated February 11, 1998
The following information supplements and supersedes any contrary information
contained in the sections of the Trust's Prospectus.
1. Delete the fifth sentence in the section "Investment Objectives and
Policies - U.S. Large Capitalization Equity Fund" and insert the
following two sentences:
The Series is a non-diversified portfolio as described in
"Investment Considerations and Risks - Non-Diversified Status." The
Series seeks to achieve its objective by investing in a wide range
of equity securities of U.S. companies that are traded on major
stock exchanges as well as in the over-the-counter market.
2. Replace the paragraph entitled "Investment Considerations and Risks
- Non-Diversified Status (Global Bond Fund only)" with the
following:
Non-Diversified Status (Global Bond Fund and U.S. Large
Capitalization Equity Fund) - Each Series is classified as a
"non-diversified" investment company under the Act, which means that
the proportion of the Series' assets that may be invested in the
securities of a single issuer is not limited by the Act. Since each
Series may invest a larger portion of its assets in the securities
of a single issuer than investment companies that are classified as
diversified funds under the Act, an investment in the Global Bond
Fund or in the U.S. Large Capitalization Equity Fund may be subject
to greater fluctuations in value than an investment in a diversified
fund.
3. Replace the sixth sentence in the section "General Information
- Organization" with the following sentence:
All of the Series, except the Global Bond Fund and the U.S.
Large Capitalization Equity Fund, are diversified portfolios.
This supplement is dated April 7, 1998.
a:bf-pn498.txt
