-----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, MkjEhJj1WmOhyOOySIU9bLJWmnaPGUW26raQmLjvnaxa0yaSDRH9sGzoLfEuQjg2 /HTCGbTTTDgCn83kzNUbWg== 0000925421-98-000059.txt : 19981106 0000925421-98-000059.hdr.sgml : 19981106 ACCESSION NUMBER: 0000925421-98-000059 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MASTERWORKS FUNDS INC CENTRAL INDEX KEY: 0000893818 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MD FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: SEC FILE NUMBER: 811-07332 FILM NUMBER: 98738626 BUSINESS ADDRESS: STREET 1: 111 CENTER ST CITY: LITTLE ROCK STATE: AR ZIP: 72201 BUSINESS PHONE: 8006439691 MAIL ADDRESS: STREET 1: 111 CENTER ST STREET 2: STE 300 CITY: LITTLE ROCK STATE: AR ZIP: 72201 FORMER COMPANY: FORMER CONFORMED NAME: STAGECOACH INC DATE OF NAME CHANGE: 19940222 FORMER COMPANY: FORMER CONFORMED NAME: WELLSFUNDS INC DATE OF NAME CHANGE: 19930714 DEFA14A 1 MASTERWORKS FUNDS, INC. [BARCLAYS GLOBAL INVESTORS LETTERHEAD] November 4, 1998 Contact Company Name Address Address City, STATE Zip Re: MasterWorks Growth Stock Mutual Fund and MasterWorks Short-Intermediate Term Mutual Fund Dear [Salutation]: Your plan offers the MasterWorks Growth Stock Mutual Fund and/or the MasterWorks Short-Intermediate Term Mutual Fund as plan options. The Board of Directors has authorized a merger plan for each fund. In the case of the Growth Stock, as a fall back, the Board approved a plan of liquidation. You should already have received a proxy outlining a proposed merger of these funds into successor funds, and a letter dated October 30, 1998, mailed under separate cover, discussing the merger plans. The purpose of this letter is to clarify certain statements made in our October 30th letter. Please disregard that letter. The proxy proposes that the assets of the MasterWorks Growth Stock Fund will be transferred to the Large Company Growth Fund of the Norwest Advantage Funds and the assets of the MasterWorks Short-Intermediate Term Fund will be transferred to the Short-Intermediate U.S. Government Income Fund of the Stagecoach Funds. In the absence of 50.1% of the shareholders approving the merger, the Growth Stock Fund will be liquidated if 50.1% of the shareholders approve the liquidation. The merger or liquidation will occur either on the weekend of December 4, 1998 or December 11, 1998, pursuant to the proxy. Please feel free to contact your client representative at Merrill Lynch should you have questions or require additional explanation regarding these proposals. Sincerely, /s/Lawrence G. Tint Lawrence G. Tint Managing Director -----END PRIVACY-ENHANCED MESSAGE-----