November 9, 1999
New Pacific Fund
Class A * Class B * Class C
Supplement to Prospectus dated March 30, 1999
The following replaces footnote 6 on page 7:
6 The investment manager has agreed to waive fees and pay
expenses from November 9, 1999 through April 30, 2000 in
order to prevent total operating expenses (excluding any
taxes, interest, brokerage fees, extraordinary expenses and
12b-1 fees) from exceeding 2.00% of average daily net
assets. The fees and expenses shown in the table above do
not reflect this voluntary expense cap. The following table
shows operating expenses, reflecting the manager's current
fee waivers and payments.
Fund operating expenses including voluntary expense caps in
effect until April 30, 2000
Class A B C
Management fees 0.00% 0.00% 0.00%
Distribution and service
(12b-1 fees 0.30% 1.00% 1.00%
Other expenses 2.00% 2.00% 2.00%
Total operating expenses 2.30% 3.00% 3.00%
November 9, 1999
New Pacific Fund Institutional Class
Supplement to Prospectus dated March 30, 1999
The following replaces footnote 3 on page 7:
3 The investment manager has agreed to waive fees and pay
expenses from November 9, 1999 through April 30, 2000 in
order to prevent total operating expenses (excluding any
taxes, interest, brokerage fees and extraordinary expenses)
from exceeding 2.00% of average daily net assets. The fees
and expenses shown in the table above do not reflect this
voluntary expense cap. The following table shows operating
expenses, reflecting the manager's current fee waivers and
payments.
Fund operating expenses including voluntary expense caps in
effect until April 30, 2000
Management fees 0.00%
Distribution and service
(12b-1) fees none
Other expenses 2.00%
Total operating expenses 2.00%
November 9, 1999
Overseas Equity Fund
Class A * Class B * Class C
Supplement to Prospectus dated March 1, 1999
The following replaces footnote 5 on page 4:
5 The investment manager has agreed to waive fees and pay
expenses from November 9, 1999 through April 30, 2000 in
order to prevent total operating expenses (excluding any
taxes, interest, brokerage fees, extraordinary expenses and
12b-1 fees) from exceeding 1.70% of average daily net
assets.
November 9, 1999
Overseas Equity Fund Institutional Class
Supplement to Prospectus dated March 1, 1999
The following replaces footnote 2 on page 3:
2 The investment manager has agreed to waive fees and pay
expenses from November 9, 1999 through April 30, 2000 in
order to prevent total operating expenses (excluding any
taxes, interest, brokerage fees and extraordinary expenses)
from exceeding 1.70% of average daily net assets.
