STAGECOACH TRUST
497, 1997-08-25
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                                STAGECOACH TRUST
                            Stagecoach LifePath Funds
                           Class A and Class B shares

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

                        Supplement dated August 15, 1997
                      to the Prospectus dated June 30, 1997


     The following paragraph is deleted in its entirety:

Waivers for Investments of Proceeds From Other Investments

     Purchase may be made at NAV,  without  payment of a front-end sales charge,
to the extent that:  (i) you are investing  proceeds from a redemption of shares
of  another  open-end  investment  company on which you paid a  front-end  sales
charge,  and (ii) such redemption  occurred within thirty (30) days prior to the
date of the purchase order.  You must notify a Fund and/or the transfer agent at
the time you place such  purchase  order of your  eligibility  for the waiver of
front-end  sales charges and provide  satisfactory  evidence  thereof  (e.g.,  a
confirmation of the redemption and the sales charges paid).

     The following paragraphs are amended and/or added as follows:

Waivers for Certain Parties

     Class A shares  may be  purchased  without  a  front-end  sales  charge  by
directors,  officers  and  employees  ( and their  spouses,  parents,  children,
siblings,  grandparents,  grandchildren,  father in-law, mother in-law,  brother
in-law, sister in-law, aunts, uncles, nieces, and nephews; herein,  "relatives")
of the Company,  Stephens,  its  affiliates and other  broker/dealers  that have
entered into agreements  with Stephens to sell such shares.  Class A shares also
may be  purchased  without a  front-end  sales  charge by  present  and  retired
directors,  officers and employees (and their relatives) of Wells Fargo Bank and
its affiliates if Wells Fargo Bank and/or the respective affiliates agree. Class
A shares  also may be  purchased  without a front-end  sales  charge by employee
benefit and thrift plans for such persons and by any investment advisory,  trust
or other fiduciary account (other than certain individual  retirement  accounts)
that is  maintained,  managed or advised by Wells Fargo Bank,  Stephens or their
affiliates.  In addition,  Class A shares may be purchased  without payment of a
front-end sales charge, with proceeds from a required minimum  distribution from
any Individual  Retirement Account ("IRA"),  Simplified Employee Pension Plan or
other  self-directed  retirement  plan for  which  Wells  Fargo  Bank  serves as
trustee,  provided  that the  proceeds  are invested in a Fund within 30 days of
such  distribution and such distribution is required as a result of reaching age
70 1/2. Investors who purchase Class A shares though Internet providers approved
by Wells Fargo Bank may purchase such shares without a front-end sales charge.

     Class A Shares may be  purchased  without a front-end  sales  charge by the
following  types of  investors  when the trades  are  placed  through an omnibus
account maintained with a Fund by a  broker/dealer---trust  companies;  deferred
compensation plans and the trusts used to fund these plans;  investment advisers
and  financial  planners who charge a  management,  consulting  or other fee for
their services and who place trades on their own behalf if the clients' accounts
are linked to the master account of such investment adviser or financial planner
on the books and records of the broker/dealer.

     The following telefacsimile number is amended as follows:

Initial Purchases by Wire

3.  ........Telefacsimile:  (415) 546-0280



                                                            SUPP SCF092(8/97)   
                                                            SUPP SCF094(8/97)



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