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STAGECOACH INC.
GROWTH STOCK FUND
SHORT-INTERMEDIATE TERM FUND
SUPPLEMENT DATED JANUARY 2, 1996
TO THE PROSPECTUS DATED JUNE 28, 1995
AND THE STATEMENT OF ADDITIONAL INFORMATION
DATED JUNE 28, 1995
Effective January 1, 1996, BZW Barclays Global Fund Advisors ("BGFA")
replaced Wells Fargo Bank, N.A. ("Wells Fargo") as investment adviser to the
Growth Stock Master Series and the Short-Intermediate Term Master Series (the
"Master Series") of Managed Series Investment Trust. BGFA was created by the
reorganization of Wells Fargo Nikko Investment Advisors, a former affiliate of
Wells Fargo, with and into an affiliate of Wells Fargo Institutional Trust
Company, N.A.("WFITC"). Pursuant to an Investment Advisory Contract with each
Master Series, BGFA provides investment guidance and policy direction in
connection with the management of each Master Series' assets. BGFA is entitled
to receive monthly fees at the annual rate of 0.60% and 0.45% of the average
daily net assets of the Growth Stock Master Series and Short-Intermediate Term
Master Series, respectively, as compensation for its advisory services. BGFA
is an indirect subsidiary of Barclays Bank PLC and is located at 45 Fremont
Street, San Francisco, CA 94105. As of January 1, 1996, BGFA and its
affiliates provide investment advisory services for over $220 billion of
assets.
Effective January 1, 1996, Wells Fargo serves as sub-adviser to each
Master Series. Pursuant to a Sub-Advisory Contract with each Master Series and
BGFA, Wells Fargo is responsible for the day-to-day portfolio management of
each Master Series. The same Wells Fargo investment professionals that
previously managed the investment portfolio of each Master Series will
continue, subject to the overall supervision of BGFA, to manage each Master
Series' investment portfolio. Wells Fargo is entitled to receive from BGFA an
amount equal to 0.15% and 0.10% of the average daily net assets of the Growth
Stock and Short-Intermediate Term Master Series, respectively, as compensation
for its sub-advisory services. As of January 1, 1996, Wells Fargo provides
investment advisory services for approximately $33 billion of assets under
management.
Effective January 1, 1996, WFITC, due to a change in control of its
outstanding voting securities, became a wholly owned subsidiary of BZW Barclays
Global Investors Holdings Inc. (formerly, The Nikko Building U.S.A., Inc.) and
was renamed BZW Barclays Global Investors, N.A. ("BGI"). Effective January 1,
1996, and subject to the completion of the transfer of custodial functions to
BGI, BGI replaces Wells Fargo as custodian to each Fund and each Master Series.
BGFA is a subsidiary of BGI. BGI will not be entitled to receive compensation
for its custodial services to each Fund and Master Series so long as BGFA is
entitled to receive fees for providing investment advisory
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services to the Master Series. The principal business address of BZW Global
Investors is 45 Fremont Street, San Francisco, California 94105.
Effective on or about February 16, 1996, the corporate name of
Stagecoach Inc. is changed to "MasterWorks Funds, Inc."
Each Fund's Prospectus and Statement of Additional Information are
hereby amended accordingly.
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STAGECOACH INC.
ASSET ALLOCATION FUND
BOND INDEX FUND
S & P 500 STOCK FUND
U.S. TREASURY ALLOCATION FUND
SUPPLEMENT DATED JANUARY 2, 1996
TO THE PROSPECTUS DATED JUNE 28, 1995
AND THE STATEMENT OF ADDITIONAL INFORMATION
DATED JUNE 28, 1995
Effective January 1, 1996, BZW Barclays Global Fund Advisors ("BGFA")
replaced Wells Fargo Bank, N.A. ("Wells Fargo") as investment adviser to each
of the Asset Allocation, Bond Index, S & P 500 Index and U.S. Treasury
Allocation Master Series (the "Master Series") of Master Investment Portfolio.
BGFA was created by the reorganization of Wells Fargo Nikko Investment Advisors
("WFNIA"), the former sub-adviser to each Master Series, with and into an
affiliate of Wells Fargo Institutional Trust Company, N.A. ("WFITC"). Pursuant
to an Investment Advisory Contract with each Master Series, BGFA provides
investment guidance and policy direction in connection with the management of
each Master Series' assets. The same WFNIA investment professionals that were
previously responsible for the day-to-day management of each Master Series'
investment portfolio will continue to manage each Master Series' investment
portfolio using the approach developed by WFNIA. BGFA is entitled to receive
0.35%, 0.08%, 0.05% and 0.30% of the average daily net assets of the Asset
Allocation, Bond Index, S & P 500 Index and U.S. Treasury Allocation Master
Series, respectively, as compensation for its advisory services to such Master
Series. Effective January 1, 1996, each Master Series no longer retains a sub-
investment adviser. BGFA is an indirect subsidiary of Barclays Bank PLC and is
located at 45 Fremont Street, San Francisco, CA 94105. As of January 1, 1996,
BGFA and its affiliates provide investment advisory services for over $220
billion of assets.
Effective January 1, 1996, WFITC, due to a change in control of its
outstanding voting securities, became a wholly owned subsidiary of BZW Barclays
Global Investors Holdings Inc. (formerly, The Nikko Building U.S.A., Inc.) and
was renamed BZW Barclays Global Investors, N.A. ("BGI"). BGI currently acts as
custodian to each Master Series. Effective January 1, 1996, and subject to the
completion of the transfer of custodial functions to BGI, BGI replaces Wells
Fargo as custodian to each Fund. BGFA is a subsidiary of BGI. BGI will not be
entitled to receive compensation for its custodial services so long as BGFA is
entitled to receive fees for providing investment advisory services to the
Master Series. The principal business address of BGI is 45 Fremont Street, San
Francisco, California 94105
Effective on or about February 16, 1996, the corporate name of
Stagecoach Inc. is changed to "MasterWorks Funds, Inc."
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Each Fund's Prospectus and Statement of Additional Information are
hereby amended accordingly.
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STAGECOACH INC.
MONEY MARKET FUND
SUPPLEMENT DATED JANUARY 2, 1996
TO THE PROSPECTUS DATED JUNE 28, 1995
AND THE STATEMENT OF ADDITIONAL INFORMATION
DATED JUNE 28, 1995
Effective January 1, 1996, BZW Barclays Global Fund Advisors ("BGFA")
replaced Wells Fargo Bank, N.A. ("Wells Fargo") as investment adviser to the
Money Market Fund (the "Fund"). BZW Fund Advisors was created by the
reorganization of Wells Fargo Nikko Investment Advisors, a former affiliate of
Wells Fargo, with and into an affiliate of Wells Fargo Institutional Trust
Company, N.A. ("WFITC"). Pursuant to an Investment Advisory Contract with the
Fund, BGFA provides investment guidance and policy direction in connection with
the management of the Fund's assets. BGFA is entitled to receive a monthly fee
at the annual rate of 0.35% of the average daily net assets of the Fund as
compensation for its advisory services. BGFA is an indirect subsidiary of
Barclays Bank PLC and is located at 45 Fremont Street, San Francisco, CA
94105. As of January 1, 1996, BGFA and its affiliates provide investment
advisory services for over $220 billion of assets.
Effective January 1, 1996, Wells Fargo serves as sub-adviser to the
Fund. Pursuant to a Sub-Advisory Contract with the Fund and BGFA, Wells Fargo
is responsible for the day-to-day portfolio management of the Fund. The same
Wells Fargo investment professionals that previously managed the investment
portfolio of the Fund will continue, subject to the overall supervision of
BGFA, to invest the Fund's assets and manage the Fund's investment portfolio.
Wells Fargo is entitled to receive from BGFA an amount equal to 0.05% of the
average daily net assets of the Fund as compensation for its sub-advisory
services. As of January 1, 1996, Wells Fargo provides investment advisory
services for approximately $33 billion of assets.
Effective January 1, 1996, WFITC, due to a change in control of its
outstanding voting securities, became a wholly owned subsidiary of BZW Barclays
Global Investors Holdings Inc. (formerly, The Nikko Building U.S.A., Inc.) and
was renamed BZW Barclays Global Investors, N.A. ("BGI"). Effective January 1,
1996, subject to the completion of the transfer of custodial functions to BGI,
BGI replaces Wells Fargo Bank as the Fund's custodian. BGFA is a subsidiary of
BGI. BGI will not be entitled to receive compensation for its custodial
services so long as BGFA is entitled to receive fees for providing investment
advisory services to the Fund. The principal business address of BGI is 45
Fremont Street, San Francisco, California 94105.
Effective on or about February 16, 1996, the corporate name of
Stagecoach Inc. is changed to "MasterWorks Funds, Inc."
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The Prospectus and Statement of Additional Information for the Fund
are hereby amended accordingly.
