Rule 497(e)
File Nos. 33-94668
and 811-9070
DEVCAP TRUST
DEVCAP Shared Return Fund
SUPPLEMENT DATED AUGUST 3, 1998 TO
PROSPECTUS DATED NOVEMBER 28, 1997
DEVCAP SHARED RETURN FUND (the "Fund")
The Transfer Agency Agreement between Fundamental Shareholder Services, Inc.
("FSSI") and the Fund has been terminated, effective August 3, 1998. The Fund
has entered into a new Transfer Agency Agreement with Sunstone Investor
Services, LLC ("SIS") effective August 3, 1998. As Transfer Agent, SIS maintains
an account for each shareholder of the Fund, performs other transfer agency
functions and acts as dividend disbursing agent for the Fund. For its services,
SIS will receive such compensation as may from time to time be agreed upon by
SIS and the Fund, subject to an annual minimum fee of $20,000.
Effective August 3, 1998, written requests for purchases, redemptions and
account information should be mailed to the Fund at the following address:
DEVCAP Shared Return Fund
P.O. Box 2152
Milwaukee, WI 53201-2152
For overnight deliveries, please use the following address:
DEVCAP Shared Return Fund
c/o Sunstone Investor Services, LLC
207 East Buffalo St.
Suite 315
Milwaukee, WI 53202
An investor desiring to purchase shares by a wire transfer of funds should
telephone the transfer agent at (800) 371-2655 for instructions. Bank wires for
the purchase of shares should be sent to:
UMB Bank NA
ABA# 101000695
For credit to: DEVCAP Trust
Acct # 987-096-4139
For further credit to:
(shareholder account number)
(shareholder name or account registration)
(Social Security or Tax ID for new account)
(Identify which account to purchase)
All references to FSSI should be deleted.
<PAGE>
Rule 497(e)
File Nos. 33-94668
and 811-9070
DEVCAP TRUST
DEVCAP Shared Return Fund
SUPPLEMENT DATED AUGUST 3, 1998 TO
STATEMENT OF ADDITIONAL INFORMATION DATED NOVEMBER 28, 1997
DEVCAP SHARED RETURN FUND (the "Fund")
The Transfer Agency Agreement between Fundamental Shareholder Services, Inc.
("FSSI") and the Fund has been terminated, effective August 3, 1998. The Fund
has entered into a new Transfer Agency Agreement with Sunstone Investor
Services, LLC ("SIS") effective August 3, 1998. SIS, and its affiliates provide
administration, transfer agent and/or distribution services to 17 fund families
representing over $9 billion in assets. For its services, SIS will receive such
compensation as may from time to time be agreed upon by SIS and the Fund,
subject to an annual minimum fee of $20,000.
All references to FSSI should be deleted.
