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Rule 497(e)
File No. 33-87298
File No. 811-8902
1838 INVESTMENT ADVISORS FUNDS
Supplement to the 1838 International Equity Fund Prospectus
dated February 1, 1996
The 1838 International Equity Fund's Prospectus dated February 1, 1996 is
supplemented by request of the State of New Jersey at the bottom of page 1 as
follows:
THESE SECURITIES ARE SPECULATIVE SECURITIES. AN INVESTMENT IN THE FUND INVOLVES
SIGNIFICANT RISK.
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