JURIKA & VOYLES FUND GROUP
Supplement dated May 1, 1998
to Prospectus dated September 22, 1997
For Investors in the Jurika & Voyles Mini-Cap Fund:
Guy Elliffe, who has co-managed this Fund with Paul Meeks since October 1, 1997,
is now responsible for the day-to-day management of the Fund in conjunction with
Bill Jurika and the Investment Committee. Messrs. Elliffe and Jurika and the
Investment Committee will continue to be backed by the in-house team of industry
analysts at Jurika & Voyles.
Mr. Elliffe joined Jurika & Voyles in 1995. He currently serves as Director of
Research and Sr. Investment Officer for Jurika & Voyles, and is a voting member
of its Investment Committee. Mr. Jurika is a co-founder of Jurika & Voyles and
both its Chief Executive Officer and Chief Investment Officer. Please see the
Prospectus for further information regarding Messrs. Elliffe and Jurika and the
Investment Committee.
Paul Meeks, a co-manager of the Fund since October 1, 1997, will no longer have
responsibility for managing the Fund.
