IBJ FUNDS TRUST
SUPPLEMENT DATED JANUARY 1, 1999
TO PREMIUM CLASS PROSPECTUS DATED MARCH 30, 1998
This Supplement is provided to update, and should be read in
conjunction with, the information provided in the Premium Class Prospectus.
Effective January 1, 1999, IBJ Schroder Bank & Trust Company ("IBJS"),
the Investment Adviser, will change its name to IBJ Whitehall Bank & Trust
Company ("IBJW"). References to IBJS throughout the Prospectus should read as
IBJW. IBJW is a wholly owned subsidiary of The Industrial Bank of Japan,
Limited.
The following information replaces similar information found in
paragraphs 2-4 of the "Management of the Funds - The Adviser: IBJ Schroder Bank
& Trust Company" section beginning on page 17:
Mr. Paul Blaustein, Senior Vice President of IBJW, is responsible for the
day-to-day management of the Core Equity Fund. He has held this position since
August 1998. Mr. Blaustein has been with IBJW since 1997. From April 1996
through September 1997 he was a Vice President and portfolio manager at Desai
Capital Management. Prior to that, Mr. Blaustein was a Vice President in the
Investment Research Department of Legg Mason from October 1994 through April
1996. From August 1991 through September 1994, Mr. Blaustein was a Vice
President and investment analyst at Warburg Pincus Counsellors. Mr. Blaustein
was also a portfolio manager and research analyst at Oppenheimer Capital from
October 1980 through August 1991.
Mr. Christian Kaefer, Senior Vice President of IBJW, is responsible for
the day-to-day management of the equity portion of the Blended Total Return
Fund. He has held this position since April 1998. Mr. Kaefer has been a senior
portfolio manager at IBJW since 1987. Mr. Kaefer was previously responsible for
the day-to-day management of the Core Equity Fund from inception to December
1997 and from April 1998 to August 1998 and the equity portion of the Blended
Total Return Fund from inception until October 1997.
Mr. Martin Liebgott, Senior Vice President of IBJW, is responsible for
the day-to-day management of the Reserve Money Market Fund and the Core Fixed
Income Fund. He has also been responsible for the day-to-day management of the
fixed income portion of the Blended Total Return Fund since April 1998. He was
previously responsible for the day-to-day management of the fixed income portion
of the Blended Total Return Fund from inception to October 1997. Mr. Liebgott
has been with IBJW since 1988.
IBJ FUNDS TRUST
SUPPLEMENT DATED JANUARY 1, 1999
TO SERVICE CLASS PROSPECTUS DATED MARCH 30, 1998
This Supplement is provided to update, and should be read in
conjunction with, the information provided in the Service Class Prospectus.
Effective January 1, 1999, IBJ Schroder Bank & Trust Company ("IBJS"),
the Investment Adviser, will change its name to IBJ Whitehall Bank & Trust
Company ("IBJW"). References to IBJS throughout the Prospectus should read as
IBJW. IBJW is a wholly owned subsidiary of The Industrial Bank of Japan,
Limited.
The following information replaces similar information found in
paragraphs 2-4 of the "Management of the Funds - The Adviser: IBJ Schroder Bank
& Trust Company" section beginning on page 16:
Mr. Paul Blaustein, Senior Vice President of IBJW, is responsible for the
day-to-day management of the Core Equity Fund. He has held this position since
August 1998. Mr. Blaustein has been with IBJW since 1997. From April 1996
through September 1997 he was a Vice President and portfolio manager at Desai
Capital Management. Prior to that, Mr. Blaustein was a Vice President in the
Investment Research Department of Legg Mason from October 1994 through April
1996. From August 1991 through September 1994, Mr. Blaustein was a Vice
President and investment analyst at Warburg Pincus Counsellors. Mr. Blaustein
was also a portfolio manager and research analyst at Oppenheimer Capital from
October 1980 through August 1991.
Mr. Christian Kaefer, Senior Vice President of IBJW, is responsible for
the day-to-day management of the equity portion of the Blended Total Return
Fund. He has held this position since April 1998. Mr. Kaefer has been a senior
portfolio manager at IBJW since 1987. Mr. Kaefer was previously responsible for
the day-to-day management of the Core Equity Fund from inception to December
1997 and from April 1998 to August 1998 and the equity portion of the Blended
Total Return Fund from inception until October 1997.
Mr. Martin Liebgott, Senior Vice President of IBJW, is responsible for
the day-to-day management of the Reserve Money Market Fund and the Core Fixed
Income Fund. He has also been responsible for the day-to-day management of the
fixed income portion of the Blended Total Return Fund since April 1998. He was
previously responsible for the day-to-day management of the fixed income portion
of the Blended Total Return Fund from inception to October 1997. Mr. Liebgott
has been with IBJW since 1988.
IBJ FUNDS TRUST
SUPPLEMENT DATED JANUARY 1, 1999
TO STATEMENT OF ADDITIONAL INFORMATION DATED MARCH 30, 1998
This Supplement is provided to update, and should be read in
conjunction with, the information provided in the Statement of Additional
Information ("SAI").
Effective January 1, 1999, IBJ Schroder Bank & Trust Company ("IBJS"),
the Investment Adviser, will change its name to IBJ Whitehall Bank & Trust
Company ("IBJW"). References to IBJS throughout the SAI should read as IBJW.
IBJW is a wholly owned subsidiary of The Industrial Bank of Japan, Limited.
