BERGER 100 FUND
BERGER BALANCED FUND
BERGER SELECT FUND
SUPPLEMENT DATED MAY 10, 1999
to
PROSPECTUS DATED JANUARY 31, 1999
Berger Associates Vice Presidents Tino R. Sellitto
and John B. Jares have been appointed co-investment
managers of the Berger 100 Fund, succeeding former
manager Patrick S. Adams. Mr. Jares has also become sole
investment manager of the Berger Balanced Fund.
In addition, Berger Associates Vice Presidents Amy
K. Selner and Mark S. Sunderhuse, along with Messrs.
Sellitto and Jares, have been appointed as co-investment
managers of the Berger Select Fund. Each is expected to
select a portion of the stocks that comprise the Fund's
20 - 30 core portfolio holdings.
The Investment Manager table on page 32 of the
Prospectus is amended accordingly.
BERGER FUNDS
SUPPLEMENT DATED MAY 10, 1999
to
STATEMENT OF ADDITIONAL INFORMATION
DATED JANUARY 31, 1999
Tino R. Sellitto and John B. Jares have been
appointed co-investment managers of the Berger 100 Fund,
succeeding former manager Patrick S. Adams. Mr. Jares
has also become sole investment manager of the Berger
Balanced Fund.
In addition, Amy K. Selner and Mark S. Sunderhuse,
along with Messrs. Sellitto and Jares, have been
appointed as co-investment managers of the Berger Select
Fund.
Effective immediately, Jack R. Thompson has
succeeded Gerard M. Lavin as the senior officer
responsible for day-to-day management of Berger
Associates, Inc., investment advisor and/or administrator
to the Berger Funds. Effective November 1999, Mr.
Thompson will assume the title President and Chief
Executive Officer of Berger Associates, Inc.
The biographical information appearing under the
heading "3. Management of the Funds" for each of the
individuals referenced above is amended accordingly.
