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THE PARKSTONE ADVANTAGE FUND
SUPPLEMENT DATED MAY 17, 1999, TO THE
STATEMENT OF ADDITIONAL INFORMATION DATED MAY 1, 1999
THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED IN
THE STATEMENT OF ADDITIONAL INFORMATION. IT SHOULD BE RETAINED AND READ IN
CONJUNCTION WITH SUCH STATEMENT OF ADDITIONAL INFORMATION.
Effective July 5, 1999, SEI Investments Mutual Funds Services ("SIMFS") will
replace BISYS Fund Services Limited Partnership ("BISYS") as administrator to
The Parkstone Advantage Fund (the "Fund"). Accordingly, as of that date, all
references to BISYS in the Fund's Statement of Additional Information (except
the information regarding fees paid to BISYS described on page 22 of the
Statement of Additional Information) will be deleted.
SIMFS is an affiliate of SEI Investments Company, a financial services company
founded in 1968. The principal business address of SIMFS is One Freedom Valley
Drive, Oaks, Pennsylvania 19456. Under an administration contract between the
Fund and SIMFS, SIMFS will provide administrative, shareholder and other
services to the Fund.
Also effective July 5, 1999, SEI Investments Distribution Co. ("SIDCo.") will
replace BISYS as the distributor of the Fund's shares and State Street Bank and
Trust Company ("State Street") will replace BISYS as transfer agent for the
Fund.
SIDCo. is an affiliate of SIMFS and of SEI Investments Company. SIDCo.'s
principal business address is One Freedom Valley Drive, Oaks, Pennsylvania
19456.
State Street is a trust company whose principal business address is 225 Franklin
Street, Boston Massachusetts 02110. As transfer agent to the Fund, State Street
provides shareholder accounting services to the Fund.
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PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
