<PAGE> 1
[CNET logo]
CNET
Investment Program
in the Cadre Affinity Fund - Money Market Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 2
[CNET logo]
CNET
Investment Program
in the Cadre Liquid Asset Fund - Money Market Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 3
[CNET logo]
CNET
Investment Program
in the Cadre Reserve Fund - Money Market Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 4
[ISEA logo]
ISEA
Investment Program
in the Cadre Affinity Fund - Money Market Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 5
[ISEA logo]
ISEA
Investment Program
in the Cadre Reserve Fund - Money Market Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 6
[KSDLAF+ logo]
KSDLAF+
Investment Program
in the Cadre Affinity Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 7
[KSDLAF+ logo]
KSDLAF+
Investment Program
in the Cadre Reserve Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 8
[IML-LGIT logo]
IML-LGIT
Investment Program
in the Cadre Affinity Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 9
[IML-LGIT logo]
IML-LGIT
Investment Program
in the Cadre Reserve Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 10
[MIGIT logo]
MIGIT
Investment Program
in the Cadre Liquid Asset Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 11
[MIGIT logo]
MIGIT
Investment Program
in the Cadre Reserve Fund - Money Market Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 12
[PMIP logo]
PMIP
Investment Program
in the Cadre Liquid Asset Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 13
[PMIP logo]
PMIP
Investment Program
in the Cadre Reserve Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 14
[CNET logo]
CNET
Investment Program
in the Cadre Affinity Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 15
[CNET logo]
CNET
Investment Program
in the Cadre Liquid Asset Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 16
[CNET logo]
CNET
Investment Program
in the Cadre Reserve Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
<PAGE> 17
[MIGIT logo]
MIGIT
Investment Program
in the Cadre Reserve Fund - U.S. Government Series
Prospectus
March 1, 1999
Prospectus begins on next page
