IBJ FUNDS TRUST
SUPPLEMENT DATED MAY 29, 1998
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.
The following information replaces similar information found
in the "Management of the Funds" section beginning on page 17:
Mr. Christian Kaefer, Senior Investment Officer, is
responsible for the day-to-day management of The Core Equity Fund
and 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 IBJS since 1987. Mr. Kaefer was previously
responsible for the day-to-day management of the Core Equity Fund
from inception to December 31, 1997 and the equity portion of the
Blended Total Return Fund from inception until October 31, 1997.
Mr. Martin Liebgott, of IBJS, 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 31, 1997. Mr. Liebgott has
been with IBJS since 1988.
IBJ FUNDS TRUST
SUPPLEMENT DATED MAY 29, 1998
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.
The following information replaces similar information found
in the "Management of the Funds" section beginning on page 16:
Mr. Christian Kaefer, Senior Investment Officer, is
responsible for the day-to-day management of The Core Equity Fund
and 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 IBJS since 1987. Mr. Kaefer was previously
responsible for the day-to-day management of the Core Equity Fund
from inception to December 31, 1997 and the equity portion of the
Blended Total Return Fund from inception until October 31, 1997.
Mr. Martin Liebgott, of IBJS, 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 31, 1997. Mr. Liebgott has
been with IBJS since 1988.
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