STAGECOACH FUNDS, INC.
Supplement dated August 31, 1998
to the Prospectuses
dated August 1, 1998
describing the Class A, Class B and Class C shares of the
Growth and Strategic Growth Funds and
the Institutional Class shares of the Growth Fund
Effective August 31, 1998, Allen Ayvazian is no longer a portfolio manager
for the day to day operation of the Growth Fund. Ms. Kelli Hill is solely
responsible in that capacity for the Fund.
For the Strategic Growth Fund, the "Permitted Investments" section is
supplemented to state that, under normal market conditions, the Strategic Growth
Fund invests "at least 65% of our assets in companies whose market
capitalization at the time we buy their stock is within the capitalization range
of the companies listed on the Russell MidCap Index... ."
<PAGE>
Supplement dated August 31, 1998
to the Statements of Additional Information
dated August 1, 1998
describing the Class A, Class B and Class C shares of the
Equity, Equity Index and Allocation Funds, and
the Institutional Class shares of the Equity Funds
The Statements of Additional Information as described above are
supplemented under the heading "Additional Investment Policies, Other Investment
Companies" as follows:
The Funds may invest in shares of other investment companies up to the
limits prescribed in Section 12(d) of the 1940 Act....
The Statements of Additional Information for the Growth Fund are
supplemented under the heading "Management, Portfolio Managers" to remove
reference to Allen Ayvazian as portfolio manager of the Growth Fund, and to
refer to Ms. Kelli Hill as the portfolio manager of the Fund.
