JULIUS BAER INVESTMENT
FUNDS
Julius Baer Global Income Fund
Julius Baer International Equity Fund
SUPPLEMENT DATED JUNE 6, 2000 TO THE
PROSPECTUS DATED JANUARY 31, 2000
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In the Prospectus under the sections "The Fund's Fees and Expenses" footnote 1
is amended to read as follows:
(1.) If you purchase shares on or after November 15, 1999, you will pay a
redemption fee of 2% of the amount redeemed if those shares are sold 90 days
or less from the date that they were purchased. The Fund may waive the
redemption fee for certain tax-advantaged retirement plans. The Fund
reserves the right to terminate or modify the terms of the redemption fee
waiver at any time. For all redemptions, if you sell shares and request your
money by wire transfer, the Fund reserves the right to impose a $12.00 fee.
Your bank may also charge you a fee for receiving wires.
In the section "Purchasing Your Shares" the first paragraph under "More
information about exchanges" is amended to read as follows:
A redemption fee of 2% of the amount redeemed will apply to shares exchanged for
shares of the other Fund if the shares redeemed were purchased on or after
November 15, 1999, and are exchanged 90 days or less after they were purchased.
The Fund may waive the redemption fee for certain tax-advantaged retirement
plans. The Fund reserves the right to terminate or modify the terms of the
redemption fee waiver at any time.
In the section "Selling Your Shares" the first paragraph under "Redemption Fee"
is amended to read as follows:
For shares purchased on or after November 15, 1999, a redemption fee of 2% of
the value of the shares sold will be imposed on Class A shares and Class I
shares redeemed 90 days or less after their date of purchase. The redemption fee
is intended to limit short-term trading in the Funds or, to the extent that
short-term trading persists, to impose the costs of that type of activity on the
shareholders who engage in it. The redemption fee will be paid to the
appropriate Fund. The Fund may waive the redemption fee for certain
tax-advantaged retirement plans. The Fund reserves the right to terminate or
modify the terms of the redemption fee waiver at any time.
