Rule 497(e)
File Nos. 33-69686 and 811-8064
THE MONTGOMERY FUNDS II
Supplemented dated April 26, 1999 to the
Prospectus
dated June 30, 1998
For Investors in the Montgomery Emerging Markets Focus Fund
On May 31, 1999, the Montgomery Emerging Markets Focus Fund will change
its name to Montgomery Institutional Series: Emerging Markets Focus Portfolio.
At that time, Class A Shares of the Fund will be re-designated as no-load
institutional shares, with institutional minimums and pricing, and Class B and
Class C shares will be converted automatically to the no-load institutional
shares. This share class re-designation and conversion will have no effect on
the management, objective or strategies of the Fund. After May 31, 1999, Class
A, Class B and Class C shares will no longer be offered.