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THE OFFITBANK INVESTMENT FUND, INC.
SUPPLEMENT DATED FEBRUARY 9, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION EACH DATED MAY 1, 1997
AS SUPPLEMENTED AUGUST 29, 1997, OCTOBER 20, 1997 AND JANUARY 29, 1998
This Supplement is provided to update, and should be read in conjunction
with, the information provided in the Prospectus and Statement of Additional
Information.
PLEASE NOTE, THE FOLLOWING REVISION REGARDING THE PLAN OF DISTRIBUTION FOR THE
OFFITBANK INVESTMENT FUND, INC.:
Effective December 4, 1997, the Board of Directors of The OFFITBANK
Investment Fund, Inc. (the "Company") approved an amendment to the Plan of
Distribution to eliminate the Plan of Distribution (the "Plan") and Rule
12b-1 fees payable under the Plan for the Company's Select Share class. The
fee table applicable to the Company's Select Share class is amended to
reflect that such class is not subject to a 12b-1 fee.
