CROSS-REFERENCE SHEET
Explanatory Note: The Registrant is a "series" company. This Registration
Statement relates to all eight series of the Registrant's shares: Starwood
Strategic Fund, Aggressive Growth Fund, Laidlaw Fund (formerly Fiduciary
Value Fund), Asset Allocation Fund, Taxable Fixed Income Fund, Municipal
Fixed Income Fund, Taxable Money Market Fund and Tax-Free Money Market Fund.
All of the Funds' shares are offered pursuant to a combined Prospectus (the
"Combined Prospectus") and a combined Statement of Additional Information.
PART A. INFORMATION REQUIRED IN THE PROSPECTUS.
Item in Form N-1A Prospectus Heading
Item 1. Cover Page . . . . . . . . . . . . . Cover Page
Item 2. Synopsis . . . . . . . . .. . . . . Summary of Fund Expenses;
Highlights
Item 3. Condensed Financial Information . . Financial Highlights;
Performance Information;
Supplement to Prospectus
Item 4. General Description of Registrant . Highlights; Investment
Objectives and Policies;
Certain Investments and
Investment Techniques;
General Information;
Supplement to Prospectus
Item 5. Management of the Fund . . . . . . . The Trust and Its Management;
Supplement to Prospectus
Item 5A. Management's Discussion of Fund . . .Not Applicable
Performance
Item 6. Capital Stock and Other Securities . General Information;
Dividends and Distributions;
Taxes
Item 7. Purchase of Securities Being. . . . How to Buy Shares;
Offered Shareholder Services; Net
Asset Value; The Trust and
its Management
Item 8. Redemption or Repurchase . . . . . . How to Redeem Shares;
Exchange Privilege
Item 9. Pending Legal Proceedings . . . . . .Not Applicable
Item 13. Investment Objectives and Policies. .Investment Objectives and
Policies; Types of Investments
and Investment Techniques;
Supplement to Prospectus
Item 16. Investment Advisory and Other
Services. . . . . . . . . . . . . .The Trust and Its Management;
Supplement to Prospectus
PART B. INFORMATION REQUIRED IN THE STATEMENT OF ADDITIONAL
INFORMATION.
Item in Form N-1A Statement
Heading
Item 10. Cover Page . . . . . . . . . . . . . . . . Cover Page
Item 11. Table of Contents . . . . . . . . . . . . . .Table of Contents
Item 12. General Information and History . . . . . . .None
Item 13. Investment Objectives and Policies . . . . . Types of Investments
and Investment
Techniques; Investment
Limitations
Item 14. Management of the Fund . . . . . . . . . . . Management of the Trust
Item 15. Control Persons and Principal Holders
of Securities . . . . . . . . .. . . . . . . . . . . Management of the Trust
Item 16. Investment Advisory and Other Services . . . Investment Advisory
Arrangements;
Distribution
Arrangements;
Administrative
Services Arrangements;
Custodian, Transfer
Agent, Fund Accounting
Agent, and Independent
Accountants
Item 17. Brokerage Allocation and Other Practices . . Brokerage
Transactions
Item 18. Capital Stock and Other Securities . . . . . Information About the
Trust
Item 19. Purchase, Redemption and Pricing of
Securities Being Offered . . . . . . . . . . .Purchase and
Redemption;
Determination of Net
Asset Value
Item 20. Tax Status . . . . . . . . . . . . . . . . . Tax Status
Item 21. Underwriters . . . . . . . . . . . . . . . Not Applicable
Item 22. Calculation of Performance Data . . . . . . .Performance
Information
Item 23. Financial Statements . . . . . . . . . . . Financial Statements
PART C. OTHER INFORMATION
Information required to be included in Part C is set forth
under the appropriate Item, so numbered, in Part C of this Registration
Statement.
<PAGE>
January 6, 1997
THE VINTAGE FUNDS
SUPPLEMENT TO PROSPECTUS
DATED JANUARY 29, 1996
Effective December 20, 1996, the following information replaces the
information provided under the section titled "The Trust and Its Management -
Portfolio Manager's Background" on page 38 of the Prospectus:
The Laidlaw Fund, Taxable Fixed Income Fund, Municipal Fixed
Income Fund, Taxable Money Market Fund and Tax-Free Money Market
Fund. Jack R. Orben is the Funds' portfolio manager. Mr. Orben
has been the Chairman of Fiduciary Counsel since 1979. Prior to
that time, he was President of Orben & Associates, Inc., an
investment consultant to bank trust departments. Since 1979, Mr.
Orben has been a member of Fiduciary Counsel's Investment Policy
Committee and Chairman of its Executive Committee. Mr. Orben
graduated from Tufts University in 1960, and has nearly 25 years
of investment experience.
This Supplement, and the Prospectus dated January 29, 1996, contain
information that you should know before investing in any of the Funds and
should be retained for future reference. Additional information is included
in the Statement of Additional Information dated December 20, 1996, which has
been filed with the Securities and Exchange Commission and is incorporated
herein by reference. It is available upon request and without charge by
calling (800) 408-4682 (1-800-40-VINTAGE).
January 6, 1997
THE VINTAGE FUNDS
SUPPLEMENT TO PROSPECTUS
DATED JANUARY 29, 1996
Effective December 20, 1996, the following information replaces the
information provided under the section titled "The Trust and Its Management -
Portfolio Manager's Background" on page 25 of the Prospectus:
Jack R. Orben is the Funds' portfolio manager. Mr. Orben has
been the Chairman of Fiduciary Counsel since 1979. Prior to that
time, he was President of Orben & Associates, Inc., an investment
consultant to bank trust departments. Since 1979, Mr. Orben has
been a member of Fiduciary Counsel's Investment Policy Committee
and Chairman of its Executive Committee. Mr. Orben graduated from
Tufts University in 1960, and has nearly 25 years of investment
experience.
This Supplement, and the Prospectus dated January 29, 1996, contain
information that you should know before investing in any of the Funds and
should be retained for future reference. Additional information is included
in the Statement of Additional Information dated December 20, 1996, which has
been filed with the Securities and Exchange Commission and is incorporated
herein by reference. It is available upon request and without charge by
calling (800) 408-4682 (1-800-40-VINTAGE).
