Rule 497(e)
File Nos. 33-69686 and 811-8064
The Montgomery Partners Series
(The Montgomery Funds II)
Supplement dated December 18, 1998 to the
Prospectus for the Montgomery Global Long-Short Fund
(dated June 30, 1998)
On January 29, 1999, Class A shares of the Global Long-Short Fund will be
renamed the Class R shares and will no longer be subject to a front-end load.
Also beginning January 29, 1999, the redemption fee for the newly named Class R
shares will be increased to 2% for shares that are redeemed within the first
year after purchase. Shares purchased before that date will continue to be
subject to the current 1% redemption fee for shares redeemed within one year and
that (i) were not purchased through certain fee-based programs or (ii) were not
subject to an initial sales charge or a CDSC.
