THE JPM INSTITUTIONAL FUNDS
Supplement dated September 26, 1997 to the Statement of Additional Information
dated August 4, 1997
A new Statement of Additional Information, dated September 26, 1997, has been
filed and is in effect for The JPM Institutional U.S. Equity Fund, The JPM
Institutional Disciplined Equity Fund and The JPM Institutional U.S. Small
Company Fund. A copy of this new Statement of Additional Information can be
obtained, free of charge, by calling 1-800-766-7722. Please disregard any
references to these Funds in the attached Statement of Additional Information
dated August 4, 1997.
