THE THOMAS WHITE FUNDS FAMILY
Thomas White American Growth Fund
Thomas White American Opportunities Fund
Thomas White World Fund
Supplement dated March 2, 1999 to
Prospectus dated March 1, 1999
The Board of Trustees of Lord Asset Management Trust recently approved
important changes to the investment program of the Thomas White World Fund.
Effective May 1, 1999, the Fund's name will be changed to the "Thomas White
International Fund." While the Fund's investment objective of long-term capital
growth will remain the same, starting on May 1, 1999, the Fund will primarily
invest in equity securities of companies located in the world's developed
countries outside of the U.S. Accordingly, the Fund may be expected to invest a
larger percentage of its assets in the equities of companies outside of the U.S.
than it has in the past.
In connection with this change in the Fund's investment policies, the
Fund may be expected to have a higher level of portfolio turnover during the
time that it changes its investment focus to international equities. A higher
level of portfolio turnover may temporarily increase the Fund's brokerage and
other expenses, and may have tax consequences such as the realization of taxable
gains for investors.
Investors should retain this Supplement with the Prospectus for future
reference.
