THE JPM PIERPONT 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 Pierpont U.S. Equity Fund and The JPM
Pierpont U.S. Small Company Fund. A copy of this new Statement of Additional
Information can be obtained, free of charge, by calling 1-800-521-5411. Please
disregard any references to these Funds in the attached Statement of Additional
Information dated August 4, 1997.
