RAINIER INVESTMENT MANAGEMENT MUTUAL FUNDS
Supplement dated September 1, 2000
to the Statement of Additional Information
Growth Equity Portfolio
Dated June 5, 2000
THE FOLLOWING SUPPLEMENTS THE SECTION "MANAGEMENT" ON PAGE B-8 OF THE STATEMENT
OF ADDITIONAL INFORMATION OF THE RAINIER INVESTMENT MANAGEMENT GROWTH EQUITY
PORTFOLIO DATED JUNE 5, 2000:
Position(s) Held Principal Occupation(s)
Name and Address with Trust During Past Five Years
---------------- ---------- ----------------------
John W. Ferris, 12/12/40 Trustee International securities and
Peterson Sullivan P.L.L.C. income tax advisor; former
2330 Two Union Square partner (until December 31,
Seattle, WA 98101 1998) of Peterson Sullivan
P.L.L.C., Certified Public
Accountants