STAGECOACH FUNDS INC /AK/
497, 1999-03-04
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                              STAGECOACH FUNDS, INC.

                       Short-Intermediate U.S. Government Income Fund

                          Class A, Class B and Institutional Class

                           Supplement dated March 4, 1999 to the
                           Prospectuses dated November 15, 1998
                                          and
                           Supplement dated March 4, 1999 to the
                   Statement  of  Additional  Information  for the
                              Class A and Class B Shares
                               DATED  NOVEMBER 15, 1998
                                         AND 
                         SUPPLEMENTED ON DECEMBER 31, 1998
                                         and
                         Supplement dated March 4, 1999 to the
                         Statement of Additional Information for
                               Institutional Class Shares
                              dated November 15, 1998


         Effective  March 1,  1999,  Paul  Single is  responsible  as  portfolio
         manager for the day-to-day  management of the  Short-Intermediate  U.S.
         Government  Income  Fund,  and  Jacqueline  Flippin is  responsible  as
         co-manager for the day-to-day management of this Fund.





<PAGE>

                     [MORRISON & FOERSTER LLP LETTERHEAD]


                                  March 4, 1999


                                                    Writer's Direct Dial Number
                                                          (202) 887-1537
Via EDGAR

Securities and Exchange Commission
450 Fifth Street,  NW
Washington, DC  20549

              Re:    Stagecoach Funds, Inc.
                     Registration Nos. 33-42927; 811-6419

Ladies and Gentlemen:

     In connection  with the  registration of Stagecoach  Funds,  Inc. under the
Investment  Company Act of 1940,  and the issuance of securities by it under the
Securities  Act  of  1933,  and  pursuant  to  17  C.F.R.  230.497(e),   we  are
transmitting  herewith  for  filing a  supplement  dated  March  4,  1999 to the
Prospectuses  dated November 15, 1999 for the Class A, Class B and Institutional
Class shares of the Stagecoach  Short-Intermediate  U.S.  Government Income Fund
(the "Fund"),  and the Statement of Additional  Information  dated  November 15,
1998 for the Class A and Class B shares,  as  supplemented on December 31, 1998,
and the  Statement of  Additional  Information  dated  November 15, 1998 for the
Institutional Class shares.

     This  supplement  is  being  filed to  disclose  changes  to the  portfolio
managers for the Fund.

     If you have any  questions,  please  contact the  undersigned at the number
indicated above.

                                Very truly yours,

                               /s/ Janis E. Fonda

                                Janis E. Fonda




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