INVESTEC FUNDS
(formerly Guinness Flight Investment Funds)
Supplement Dated September 27, 2000
to Prospectus Dated April 28, 2000
Shareholders of the Asia Blue Chip Fund approved an amendment
to the Fund's fundamental investment objective at the Adjourned Special Meeting
of Shareholders of the Fund. Accordingly, on September 27, 2000, the Asia Blue
Chip Fund was transformed into the Asia New Economy Fund. Shares of the Asia New
Economy Fund are offered pursuant to a separate prospectus. References to the
Asia Blue Chip Fund in this Prospectus are no longer applicable and the Fund's
shares are not offered for sale hereunder.
