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LEADER MUTUAL FUNDS LOGO
SUPPLEMENT DATED SEPTEMBER 20, 2000
TO THE
LEADER MUTUAL FUNDS PROSPECTUSES DATED SEPTEMBER 1, 2000
Notwithstanding references to any different times under "Pricing of Fund
Shares," the net asset value ("NAV") is determined at 3 p.m. Eastern time (2
p.m. Central time) for the LEADER Money Market Fund and LEADER Treasury Money
Market Fund, and at 12:30 p.m. Eastern time (11:30 a.m. Central time) for the
LEADER Tax-Exempt Money Market Fund, on all days (except for Columbus Day and
Veterans' Day) when the New York Stock Exchange is open for regular trading.
