MUTUAL FUND TRUST
497, 2000-09-19
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                        Chase Vista Money Market Funds

                      Supplement Dated September 19, 2000
                           Premier Shares Prospectus
                            Dated December 29, 1999


The following paragraph replaces the third paragraph on page 32 in the Fund's
Investment Adviser section.

Chase Fleming Asset Management (USA) Inc. (CFAM (USA)) is the sub-adviser to
all the Funds except the Tax Free Fund and Cash Management Fund. It makes the
day to day investment decisions for those Funds. Chase pays CFAM (USA) a
sub-advisory fee for its services. CFAM (USA) is a wholly owned subsidiary of
Chase. CFAM (USA) provides discretionary investment services to institutional
clients and is located at 1211 Avenue of the Americas, New York, NY 10036.



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