-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LhIHalySpbW9pQufyQHo138eQcBXXlzqB/Jzt1ZM0sZRHbiPtg68Zzrdp4K/4NaH kLFVyR7GBBqKMaK0NYAaaw== 0001082416-00-000202.txt : 20001221 0001082416-00-000202.hdr.sgml : 20001221 ACCESSION NUMBER: 0001082416-00-000202 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIP FUNDS CENTRAL INDEX KEY: 0001006783 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: SEC FILE NUMBER: 333-00641 FILM NUMBER: 792711 BUSINESS ADDRESS: STREET 1: CT CORP STREET 2: 2 OLIVER STREET CITY: BOSTON STATE: MA ZIP: 02109 MAIL ADDRESS: STREET 1: 530 E SWEDESFORD ROAD CITY: WAYNE STATE: PA ZIP: 19087-1693 497 1 0001.txt SUPPLEMENT TIP FUNDS TURNER SELECT GROWTH EQUITY FUND SUPPLEMENT DATED DECEMBER 20, 2000 TO THE STATEMENT OF ADDITIONAL INFORMATION DATED JUNE 30, 2000 THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT WHICH IS CONTAINED IN THE STATEMENT OF ADDITIONAL INFORMATION. ------------------------------------------------------------- On page 5, under the heading "Turner Select Growth Equity Fund," replace the 4th and 5th sentences with the following sentence: Portfolio exposure is generally limited to 5% of assets in any single issuer, subject to exceptions for the most heavily weighted securities in the Russell Top 200 Growth Index. On page 18, under the heading "Non-Diversification," replace the 1st sentence with the following sentence: The Target Select, Top 20 and Select Growth Equity Funds are non-diversified companies, as defined in the 1940 Act, which means that a relatively high percentage of assets of each Fund may be invested in the obligations of a limited number of issuers. The table on page 29 should read as follows for the B2B E Commerce and Wireless & Communications Funds:
- ----------------------------------------------------------------------------------------------------------------------- REQUIRED BASE HIGHEST LOWEST EXCESS ADVISORY POSSIBLE POSSIBLE FUND BENCHMARK PERFORMANCE FEE ADVISORY FEE ADVISORY FEE - ----------------------------------------------------------------------------------------------------------------------- B2B E- PSE +/- 2.5% 1.10% 1.50% .70% Commerce Fund Technology Index - ----------------------------------------------------------------------------------------------------------------------- Wireless & PSE +/- 2.5% 1.10% 1.50% 70% Communication Technology Fund Index - -----------------------------------------------------------------------------------------------------------------------
------------------------------------------------ PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE TUR-B-025-04 TIP FUNDS TURNER SELECT GROWTH EQUITY FUND SUPPLEMENT DATED DECEMBER 20, 2000 TO THE PROSPECTUS DATED JUNE 14, 2000 THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT WHICH IS CONTAINED IN THE PROSPECTUS. - -------------------------------------------------------------------------------- On page 1, under the heading "Principal Strategy," replace the 4th and 5th sentences with the following sentence: Portfolio exposure is generally limited to 5% of assets in any single issuer, subject to exceptions for the most heavily weighted securities in the Russell Top 200 Growth Index. ------------------------------------------------------------- PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE -----END PRIVACY-ENHANCED MESSAGE-----