-----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, S07VdvNWohYzjJwfmB/8hnh/uOoiQ1zpeWnMnuzghtADhmVee100FEna1nzJzHR5 RIRamgmEnyiP0fbg/gmCyQ== 0000950130-96-000091.txt : 19960112 0000950130-96-000091.hdr.sgml : 19960112 ACCESSION NUMBER: 0000950130-96-000091 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960111 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS FUNDS CENTRAL INDEX KEY: 0000931145 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-84842 FILM NUMBER: 96502866 BUSINESS ADDRESS: STREET 1: 245 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10167 MAIL ADDRESS: STREET 2: 245 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10167 497 1 S&P STARS PORTFOLIO THE BEAR STEARNS FUNDS S&P STARS Portfolio SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 1, 1995 The Master Series is permitted to invest in put options in re- spect of specific securities (or groups or "baskets" of specific securities) in which the Master Series may invest. A put option gives the purchaser of the op- tion the right to sell, and ob- ligates the writer to buy, the underlying security at the exer- cise price at any time during the option period. See also, "Description of the STARS Port- folio--Management Policies--In- vestment Techniques," "Descrip- tion of the STARS Portfolio-- Risk Factors--Certain Investment Techniques" and "Appendix--In- vestment Techniques--Options Transactions." -----END PRIVACY-ENHANCED MESSAGE-----