BOSTON 1784 FUNDS, 497, 1999-07-26

BOSTON 1784 FUNDS
497, 1999-07-26

Previous: SCOUT WORLDWIDE FUND INC, 40-17F2, 1999-07-26

Next: INSURED MUNICIPALS INCOME TRUST 160TH INSURED MULTI SERIES, 485BPOS, 1999-07-26



                                    RULE 497(E) FILE NOS. 33-58004 AND 811-7474

               SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 15, 1998

                               BOSTON 1784 FUNDS

     On March 14, 1999, BankBoston Corporation and Fleet Financial Group, Inc.
entered into an Agreement and Plan of Merger. Under the Agreement and Plan of
Merger, BankBoston Corporation will be merged with Fleet Financial Group.
BankBoston Corporation is the parent company of BankBoston, N.A., the
investment adviser or co-investment adviser for each Boston 1784 Fund. After
the merger, BankBoston, N.A. will be a subsidiary of the merged company. The
merger is expected to be effective by the last quarter of 1999. Thomas O'Neill
will serve as the chief investment officer for the merged company. Mr. O'Neill
joined Fleet in 1995 as managing director and chief investment officer of Fleet
Investment Advisors, Inc.

                         SUPPLEMENT DATED JUNE 22, 1999