ABN AMRO Funds
(formerly, the Rembrandt Funds)
Money Market Funds: Treasury Money Market Fund, Government
Money Market Fund, Money Market Fund, and Tax-Exempt Money
Market Fund
Fixed Income Funds: Fixed Income Fund, Intermediate
Government Fixed Income Fund, Tax-Exempt Fixed Income Fund,
International Fixed Income Fund, and Limited Volatility
Fixed Income Fund
Balanced Fund: Balanced Fund
Equity Funds: Value Fund, Growth Fund, International
Equity Fund, Small Cap Growth Fund, Real Estate Fund, Asian
Tigers Fund, Latin America Equity Fund and TransEurope Fund
Supplement dated July 1, 1998 to the
Prospectus - Investor Share Class
dated April 30, 1998
The following information replaces the information for
Charles H. Self, III and Gregory D. Boal found under the
heading "The Advisor" on page 33:
Gregory D. Boal, Senior Vice President of the Advisor, has
served as portfolio manager of the fixed income portion of
the Balanced Fund since April 1997, as co-manager of the
Tax-Exempt Fixed Income Fund since July, 1997, and as
portfolio manager of the Fixed Income Fund since June,
1998. Mr. Boal joined the Advisor in March, 1997 as a
portfolio manager. He served as Manager, Fixed Income
Division of First Citizens Bank from November, 1989 to
March, 1997.
The following information replaces similar information
found on page 34:
THE ADMINISTRATOR AND SUB-ADMINISTRATOR
ABN AMRO Fund Services, Inc. (the "Administrator") serves
as the Administrator for the Trust. The Administrator is an
affiliate of the Advisor and both are under the common
control of ABN AMRO Holding N.V., a Netherlands company.
As Administrator, it provides the Trust with administrative
services, including oversight and monitoring of the sub-
administrator, transfer agent, distributor and custodian.
The Administrator is entitled to a fee, which is calculated
daily and paid monthly, at an annual rate of 0.15% of the
average daily net assets of the Fund.
First Data Investor Services Group, Inc. serves as the Sub-
Administrator for the Trust. As Sub-Administrator it
provides the Trust with sub-administrative services,
including fund accounting, regulatory reporting, necessary
office space, equipment, personnel and facilities.
Compensation for these services is paid under a Sub-
Administration and Fund Accounting Agreement with the
Administrator.
ABN AMRO Funds
(formerly, the "Rembrandt Funds")
Money Market Funds: Treasury Money Market Fund, Government
Money Market Fund, Money Market Fund, and Tax-Exempt Money
Market Fund
Fixed Income Funds: Fixed Income Fund, Intermediate
Government Fixed Income Fund, Tax-Exempt Fixed Income Fund,
International Fixed Income Fund, and Limited Volatility
Fixed Income Fund
Balanced Fund: Balanced Fund
Equity Funds: Value Fund, Growth Fund, International
Equity Fund, Small Cap Growth Fund, Real Estate Fund, Asian
Tigers Fund, Latin America Equity Fund and TransEurope Fund
Supplement dated July 1, 1998 to the
Prospectus - Common Share Class
dated April 30, 1998
The following information replaces the information for
Charles H. Self, III and Gregory D. Boal found under the
heading "The Advisor" on page 33:
Gregory D. Boal, Senior Vice President of the Advisor, has
served as portfolio manager of the fixed income portion of
the Balanced Fund since April 1997, as co-manager of the
Tax-Exempt Fixed Income Fund since July, 1997, and as
portfolio manager of the Fixed Income Fund since June,
1998. Mr. Boal joined the Advisor in March, 1997 as a
portfolio manager. He served as Manager, Fixed Income
Division of First Citizens Bank from November, 1989 to
March, 1997.
The following information replaces similar information
found on page 34:
THE ADMINISTRATOR AND SUB-ADMINISTRATOR
ABN AMRO Fund Services, Inc. (the "Administrator") serves
as the Administrator for the Trust. The Administrator is an
affiliate of the Advisor and both are under the common
control of ABN AMRO Holding N.V., a Netherlands company.
As Administrator, it provides the Trust with administrative
services, including oversight and monitoring of the sub-
administrator, transfer agent, distributor and custodian.
The Administrator is entitled to a fee, which is calculated
daily and paid monthly, at an annual rate of 0.15% of the
average daily net assets of the Fund.
First Data Investor Services Group, Inc. serves as the Sub-
Administrator for the Trust. As Sub-Administrator it
provides the Trust with sub-administrative services,
including fund accounting, regulatory reporting, necessary
office space, equipment, personnel and facilities.
Compensation for these services is paid under a Sub-
Administration and Fund Accounting Agreement with the
Administrator.
ABN AMRO Funds
(formerly, the "Rembrandt Funds")
Money Market Funds: Treasury Money Market Fund, Government
Money Market Fund, Money Market Fund, and Tax-Exempt Money
Market Fund
Fixed Income Funds: Fixed Income Fund, Intermediate
Government Fixed Income Fund, Tax-Exempt Fixed Income Fund,
International Fixed Income Fund, and Limited Volatility
Fixed Income Fund
Balanced Fund: Balanced Fund
Equity Funds: Value Fund, Growth Fund, International
Equity Fund, Small Cap Growth Fund, Real Estate Fund, Asian
Tigers Fund, Latin America Equity Fund and TransEurope Fund
Supplement dated July 1, 1998 to the
Prospectus - Investor Share Class
dated April 30, 1998
This supplement contains new and additional information
beyond that contained in the Prospectus and should be
retained and read in conjunction with such Prospectus.
CoreStates Bank, N.A., Broad and Chestnut Streets, P.O. Box
7618, Philadelphia, Pennsylvania 19101, will serve as the
Custodian of ABN AMRO Funds (the "Trust") on a temporary
basis until its custody agreement with the Trust
terminates.
ABN AMRO Funds
(formerly, the "Rembrandt Funds")
Money Market Funds: Treasury Money Market Fund, Government
Money Market Fund, Money Market Fund, and Tax-Exempt Money
Market Fund
Fixed Income Funds: Fixed Income Fund, Intermediate
Government Fixed Income Fund, Tax-Exempt Fixed Income Fund,
International Fixed Income Fund, and Limited Volatility
Fixed Income Fund
Balanced Fund: Balanced Fund
Equity Funds: Value Fund, Growth Fund, International
Equity Fund, Small Cap Growth Fund, Real Estate Fund, Asian
Tigers Fund, Latin America Equity Fund and TransEurope Fund
Supplement dated July 1, 1998 to the
Prospectus - Common Share Class
dated April 30, 1998
This supplement contains new and additional information
beyond that contained in the Prospectus and should be
retained and read in conjunction with such Prospectus.
CoreStates Bank, N.A., Broad and Chestnut Streets, P.O. Box 7618,
Philadelphia, Pennsylvania 19101, will serve as the Custodian of
ABN AMRO Funds (the "Trust") on a temporary basis until its
custody agreement with the Trust terminates.
ABN AMRO Funds
(formerly, the Rembrandt Funds)
Money Market Funds: Treasury Money Market Fund, Government
Money Market Fund, Money Market Fund, and Tax-Exempt Money
Market Fund
Fixed Income Funds: Fixed Income Fund, Intermediate
Government Fixed Income Fund, Tax-Exempt Fixed Income Fund,
International Fixed Income Fund, and Limited Volatility
Fixed Income Fund
Balanced Fund: Balanced Fund
Equity Funds: Value Fund, Growth Fund, International
Equity Fund, Small Cap Growth Fund, Real Estate Fund, Asian
Tigers Fund, Latin America Equity Fund and TransEurope Fund
Supplement dated July 1, 1998 to the
Statement of Additional Information
dated April 30, 1998
The following information replaces similar information
found on page21:
THE ADMINISTRATOR AND SUB-ADMINISTRATOR
The Trust and ABN AMRO Fund Services, Inc. (the
Administrator), a direct wholly-owned subsidiary of ABN
AMRO Capital Markets Holding, Inc., which is an indirect,
wholly-owned subsidiary of ABN AMRO Holding N.V., a
Netherlands company, have entered into an administration
agreement (the Administration Agreement) dated July 1,
1998. Under the Administration Agreement: (i) the
Administrator is entitled to receive a fee at an annual
rate of 0.15% of the average daily net assets of the Funds;
(ii) the Trust may withhold a portion of this fee in the
event that the Administrator fails to perform its duties
according to the performance standards as set forth in the
Agreement; and (iii) the Trust agreed to pay the
Administrator $1,500,000 if the Trust terminates the
Agreement within the first year and $750,000 if the Trust
terminates the Agreement in the second year.
The Administrator is an affiliate of the Advisor and both
are under the common control of ABN AMRO Holding N.V. The
Administrator, a Delaware corporation, has its principal
business offices at 208 South LaSalle Street, Chicago,
Illinois 60604. ABN AMRO Holding N.V. and its subsidiaries
and affiliates, including the Administrator, are global
providers of financial services, including banking and
investment management.
Prior to March 2, 1998, SEI Fund Resources (SEI) served
as the Trusts administrator. SEI, a Delaware business
trust, has its principal offices at Oaks, Pennsylvania
19456. SEI Investments Management Corporation, a wholly-
owned subsidiary of SEI Investments Company, is the owner
of all beneficial interest in SEI.
First Data Investor Services Group (Investor Services
Group) serves as the Trusts sub-administrator pursuant to
a Sub-Administration and Fund Accounting Agreement dated
July 1, 1998 between Investor Services Group and the
Administrator. From March 2, 1998 until June 30, 1998,
Investor Services Group served as the Trusts
administrator. Investor Services Group, a Massachusetts
corporation, has its principal offices at 4400 Computer
Drive, Westborough, Massachusetts 01581. First Data
Corporation and its subsidiaries and affiliates, including
Investor Services Group, are leading providers of funds
evaluation services, trust accounting systems, and
brokerage and information services to financial
institutions, institutional investors, and money managers.
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