PaineWebber Mutual Funds

For Prospectus and Performance Information, Call 800-647-1568

PORTFOLIO OBJECTIVE TICKER
PaineWebber Asia Pac Grow A Foreign Stock PPGAX
PaineWebber Balanced A Asset Allocation PASAX
PaineWebber Emerg Mkts Eq A Foreign Stock KPEAX
PaineWebber Finl Svcs Grth A Specialty PREAX
PaineWebber Global Equity A World Stock KPGEX
PaineWebber Global Income A World Bond PGBAX
PaineWebber Growth & Inc A Growth & Income PDGAX
PaineWebber Growth A Growth PGRAX
PaineWebber High-Income A Bond PHIAX
PaineWebber Invmt Grade IncA Bond PIGAX
PaineWebber Mid-Cap A Growth PWCAX
PaineWebber Mutual Funds Money Market Stable Value -
PaineWebber Small Cap A Small Company PSCAX
PaineWebber Strategic Inc A World Bond PWSAX
PaineWebber Tactical Alloc A Asset Allocation PWTAX
PaineWebber U.S. Govt Inc A Govt. Bond PUGAX
PaineWebber Utility Income A Specialty PUTAX