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CVO GREATER CHINA FUND, INC.
SUPPLEMENT DATED JANUARY 20, 1997
TO PROSPECTUS DATED JUNE 21, 1996
This Supplement is provided to update, and should be read in conjunction
with, the information provided in the Prospectus.
Effective January 1, 1997 BISYS Fund Services Limited Partnership, d/b/a
BISYS Fund Services ("BISYS") became the successor Administrator and Fund
Accounting Agent to Furman Selz LLC. BISYS' principal place of business is
3435 Stelzer Road, Columbus, Ohio 43219. The Company's Distributor remains
OFFIT Funds Distributor, Inc., and is an affiliate of BISYS. All services
formerly provided to the Company by Furman Selz LLC are now performed by
BISYS and all references to Furman Selz LLC in the Prospectus shall refer to
BISYS.
SUPPLEMENT DATED NOVEMBER 18, 1996
TO PROSPECTUS DATED JUNE 21, 1996
Effective November 16, 1996 BISYS Fund Services, Inc. ("BISYS") became the
successor Transfer Agent to Furman Seiz LLC. BISYS' principal place of business
is 3435 Stelzer Road, Columbus, Ohio 43219. BISYS will perform the same
services as Furman Selz LLC, at the identical fees. All references to Furman
Selz LLC as Transfer Agent in the Prospectus shall refer to BISYS. Because of
this change the Prospectus is revised as follows:
PLEASE NOTE THE FOLLOWING REVISIONS REGARDING PURCHASE OF SHARES SECTION
(PAGES 31-32)
INITIAL INVESTMENT BY WIRE (This Section on page 31 now reads as follows):
Subject to acceptance by the Fund, shares of the Fund may be purchased by
Federal wire. A completed Account Registration Form should be forwarded to the
Fund at CVO Greater China Fund, Inc. c/o BISYS Fund Services, Inc., 3435
Stelzer Road, Columbus, Ohio 43219-8021. Notification must be given to the Fund
at 1-800-618-9510 prior to 4:00 p.m., Eastern Time, of the wire date. Federal
funds purchases will be accepted only on a day on which the Fund, the
Distributor and Huntington National Bank are all open for business. Funds
should be wired through the Federal Reserve Bank of New York as follows:
Huntington National Bank
41 South High Street
Columbus, Ohio
ABA # 044000024
Account # 1899607163
F/B/O CVO Greater China Fund, Inc.
Ref. (Fund Name and Account Number)
INITIAL INVESTMENT BY MAIL (Page 32):
The new Fund mailing address is:
CVO Greater China Fund, Inc.
P.O. Box 182493
Columbus, Ohio 43218-2493
ADDITIONAL INVESTMENTS (The last sentence of this Section on page 32 now reads
as follows):
Notification must be given to the Fund at 1-800-618-9510 prior to
4:00 p.m., Eastern Time, of the wire date.
PLEASE NOTE THE FOLLOWING REVISIONS REGARDING REDEMPTION OF SHARES SECTION
(PAGES 32-34)
BY MAIL (The first paragraph of this Section on page 33 now reads as follows):
The Fund will redeem its shares at the net asset value next determined
after the request is received in "good order". The net asset values per share
of the Fund are determined as of 4:00 p.m., Eastern Time, on each date that the
New York Stock Exchange, Inc. (the "NYSE"), and the Fund are open for business.
See "Calculation of Net Asset Value" below for details about the valuation of
the Fund's shares. Requests should be addressed to CVO Greater China Fund,
Inc., P.O. Box 182493, Columbus, Ohio 43218-2493. Requests in "good order" must
include the following documentation: (a) the share
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certificates, if issues; (b) a letter of instruction, if required, or a stock
assignment specifying the number of shares or dollar amount to be redeemed,
signed by all registered owners of the shares in the exact names in which they
are registered or their duly authorized agents; (c) any required signature
guarantees (see "Signature Guarantees" below); and (d) other supporting legal
documents, if required, in the case of estates, trusts, guardianships,
custodianships, corporations, pension and profit sharing plans and other
organizations.
PLEASE NOTE THE FOLLOWING REVISIONS REGARDING SHAREHOLDER SERVICES SECTION
(PAGES 34-35)
TRANSFER OF REGISTRATION (This Section on pages 34 and 35 now reads as
follows):
The registration of Fund shares may be transferred by wiring to the Fund
at P.O. Box 182493, Columbus, Ohio 43218-2493. As in the case of redemptions,
the written request must be received in "good order" as defined above. See
"Shareholder Services" in the Statement of Additional Information. Any
inquiries regarding the Fund should be addressed to the Fund at P.O. Box
182493, Columbus, Ohio 43218-2493 (1-800-618-9510).
