<PAGE>
UAM FUNDS TRUST
BHM&S TOTAL RETURN BOND PORTFOLIO
INSTITUTIONAL CLASS SHARES
INSTITUTIONAL SERVICE CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JULY 17, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
Regular Mail: PO Box 419081 Express Mail: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following rates
Portfolio Rate
--------- ----
BHM&S Total Return Bond Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at
the annual rate of $52,500 for the first operational class; $7,500 for
each additional operational class; and 0.04% of their pro rata share
of the combined assets of the UAM Funds
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each
additional class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS TRUST
CAMBIAR OPPORTUNITY PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED APRIL 8, 1998,
AS AMENDED JUNE 30, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following
rates:
Portfolio Rate
--------- ----
Cambiar Opportunity Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at
the annual rate of $52,500 for the first operational class; $7,500 for
each additional operational class; and 0.04% of their pro rata share
of the combined assets of the UAM Funds
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each
additional class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS TRUST
CHICAGO ASSET MANAGEMENT INTERMEDIATE BOND PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JULY 17, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following rates
Portfolio Rate
--------- ----
Chicago Asset Management Intermediate 0.04%
Bond Portfolio
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at
the annual rate of $52,500 for the first operational class; $7,500 for
each additional operational class; and 0.04% of their pro rata share
of the combined assets of the UAM Funds
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each
additional class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS TRUST
CHICAGO ASSET MANAGEMENT VALUE/CONTRARIAN PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JULY 17, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following rates
Portfolio Rate
--------- ----
Chicago Asset Management 0.06%
Value/Contrarian Portfolio
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at
the annual rate of $52,500 for the first operational class; $7,500 for
each additional operational class; and 0.04% of their pro rata share
of the combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each
additional class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS TRUST
FPA CRESENT PORTFOLIO
INSTITUTIONAL CLASS SHARES
INSTITUTIONAL SERVICE CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JULY 17, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following
rates:
Portfolio Rate
--------- ----
FPA Crescent Portfolio 0.06%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at
the annual rate of $52,500 for the first operational class; $7,500 for
each additional operational class; and 0.04% of their pro rata share
of the combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each
additional class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS TRUST
HANSON EQUITY PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JULY 17, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following rates
Portfolio Rate
--------- ----
Hanson Equity Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at
the annual rate of $52,500 for the first operational class; $7,500 for
each additional operational class; and 0.04% of their pro rata share
of the combined assets of the UAM Funds
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each
additional class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS TRUST
HEITMAN REAL ESTATE PORTFOLIO
INSTITUTIONAL CLASS SHARES
ADVISOR CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED MARCH 2, 1998 AS
AMENDED JUNE 30, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following
rates:
Portfolio Rate
--------- ----
Heitman Real Estate Portfolio 0.06%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at
the annual rate of $52,500 for the first operational class; $7,500 for
each additional operational class; and 0.04% of their pro rata share
of the combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each
additional class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS TRUST
JACOBS INTERNATIONAL OCTAGON PORTFOLIO
INSTITUTIONAL CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JULY 17, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following rates
Portfolio Rate
--------- ----
Jacobs International Octagon Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at
the annual rate of $52,500 for the first operational class; $7,500 for
each additional operational class; and 0.04% of their pro rata share
of the combined assets of the UAM Funds
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each
additional class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS TRUST
MJI INTERNATIONAL EQUITY PORTFOLIO
INSTITUTIONAL CLASS SHARES
INSTITUTIONAL SERVICE CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JULY 17, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
MJI International Equity Portfolio 0.06%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at
the annual rate of $52,500 for the first operational class; $7,500 for
each additional operational class; and 0.04% of their pro rata share
of the combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each
additional class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
<PAGE>
UAM FUNDS TRUST
TJ CORE EQUITY PORTFOLIO
INSTITUTIONAL SERVICE CLASS SHARES
SUPPLEMENT DATED OCTOBER 24, 1998
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED JULY 17, 1998
The prospectus of the portfolio is hereby revised as follows:
1. UAM Funds Service Center has changed its address as follows:
REGULAR MAIL: PO Box 419081 EXPRESS MAIL: 210 West 10/th/ Street
Kansas City, MO 64141-6081 Kansas City, MO 64105
2. The telephone phone number for the UAM Funds and UAM Funds Service Center
is now (Toll free) 1-877-UAM-LINK (826-5465)
3. The UAM Funds wiring instructions have changed. The new instructions are:
United Missouri Bank
ABA # 101000695
UAM Funds
DDA Acct.# 9870964163
Ref: portfolio name
Your account number
Your account name
Wire control number (assigned by UAM Funds Service Center)
4. To enable the portfolios to provide better services to their shareholders,
UAM Fund Services, Inc. (UAMFSI) has revised its sub-transfer agency
services. UAMFSI has subcontracted its transfer agent and dividend-
disbursing agent services to DST Systems, Inc. (DST) under an Agency
Agreement between UAMFSI and DST. DST is located at P.O Box 419534, Kansas
City, Missouri 64141-6534. UAMFSI has subcontracted sub-shareholder
servicing to UAM Shareholder Service Center, Inc. ("UAMSSC"), an affiliate
of United Asset Management Corporation, under an agreement between UAMSSC
and UAMFSI. The principal place of business of UAMSSC is 825 Duportail
Road, Wayne, Pennsylvania 19087. Chase Global Funds Services Company is
still retained to perform sub-administration and other services. UAMFSI
will continue to provide the services it has been providing to the
portfolios and to oversee each of its sub-contractors.
Each portfolio pays a four-part fee to UAMFSI as follows:
A. A portfolio specific fee, which is unchanged, to UAMFSI calculated
from the aggregate net assets of each portfolio at the following rates:
Portfolio Rate
--------- ----
TJ Core Equity Portfolio 0.04%
B. An annual base fee that UAMFSI pays to Chase Global Funds Services
Company for its sub-administration and other services calculated at the
annual rate of $52,500 for the first operational class; $7,500 for each
additional operational class; and 0.04% of their pro rata share of the
combined assets of the UAM Funds.
C. An annual base fee that UAMFSI pays to DST Systems, Inc. for its
services as transfer agent and dividend-disbursing agent equal to
$10,500 for the first operational class and $10,500 for each additional
class.
D. An annual base fee that UAMFSI pays to UAMSSC for its services as sub-
shareholder-servicing agent equal to $7,500 for the first operational
class and $2,500 for each additional class.
Each portfolio also pays certain account and transaction fees and out-of-
pocket expenses that may be based on the number of open and closed
accounts, the type of account or the services provided to the account.
