BERGER NEW GENERATION FUND
SUPPLEMENT DATED MARCH 7, 1996
TO PROSPECTUS DATED MARCH 6, 1996
Orders to purchase shares of Berger New Generation Fund will not be
processed until the Fund commences operations, currently scheduled for
March 29, 1996. Orders to purchase Fund shares that are received
before March 29, 1996 will be treated as orders to purchase Fund
shares as of the commencement of operations and will be accepted by
the Fund and invested at the initial public offering price of $10 per
share on March 29, 1996. Payments accompanying any order received
prior to that date will be held uninvested by the Fund's transfer
agent until processed on March 29, 1996.
