The JPM Institutional Funds
Supplement dated May 12, 1997 to the Statement of Additional Information dated
April 30, 1997
The following Funds have changed their respective names:
From To
The JPM Institutional Money The JPM Institutional Prime
Market Fund Money Market Fund
The JPM Institutional Selected The JPM Institutional U.S.
U.S. Equity Fund Equity Fund
The names of the Portfolios corresponding to these Funds changed accordingly.
The Portfolio corresponding to the International Equity Fund has also changed
its name to The International Equity Portfolio.