NORWEST SELECT FUNDS
ValuGrowthSM Stock Fund
Supplement Dated July 19, 1999
to Prospectus Dated May 1, 1999
The portfolio manager for ValuGrowth Stock Fund (as described on page
7) was changed effective July 1, 1999. All references in the prospectus to
Charles J. Meyer, the portfolio manager of the Fund prior to July 1, 1999, are
deleted. The following replaces, in its entirety, the subparagraph entitled
"ValuGrowth Stock Fund" under the section entitled "Portfolio Managers" on Page
7:
ValuGrowth Stock Fund - Kelli K. Hill, associated with Norwest since
1999. Ms. Hill is also a portfolio manager at Wells Capital Management
Incorporated, with whom she has been associated since 1989. Ms. Hill
is also the Treasurer for the San Francisco Ballet Association
Encore!, and a board member for Las Casa de les Madres, the largest
women's shelter in the San Francisco area.
