STAGECOACH LIFEPATH FUNDS

                            LifePath 2000 Fund
                            LifePath 2010 Fund
                            LifePath 2020 Fund
                            LifePath 2030 Fund
                            LifePath 2040 Fund

                   Supplement dated June 5, 1996 to the
         Statement of Additional Information dated June 28, 1995,
                    as supplemented on January 2, 1996
 

     The following sentence is added as the last sentence to the last paragraph
under the Statement of Additional Information section entitled "Performance
Information":

"The Stagecoach LifePath Funds are the first family of mutual funds to offer a
flexible investment strategy designed to change over specific time horizons."



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