WSIS SERIES TRUST
497, 1996-07-11
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                                                 Rule 497(e)
                                                 Registration No. 33-65632


                           WSIS SERIES TRUST

                         PROSPECTUS SUPPLEMENT

                   to Prospectus dated March 1, 1996

The second sentence in the last paragraph on page 23 of the Prospectus is 
replaced in its entirety with the following: "Effective July 11, 1996, 
Jane P. Lucas, a Director of Schroder Wertheim Investment Services, Inc., is 
primarily responsible for making recommendations to the committee for 
Wertheim Equity Value Fund."


July 11, 1996



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