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J.P. Morgan Funds J.P. Morgan Institutional Funds J.P. Morgan Series Trust Supplement dated August 13, 1998, as applicable to the following Prospectuses: J.P. Morgan Fixed Income Funds, dated March 13, 1998 J.P. Morgan Institutional Fixed Income Funds, dated March 13, 1998 For the most recent information on Expenses, Performance and Financial Highlights for the New York Total Return Bond Fund and California Bond Fund, please see each fund's individual prospectus dated August 3, 1998.
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