-----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, KWs9FkEapo4s6M5xOB3Ka0F5c/InN65QCeaf9uvCl8cwl98E40vjpqwamrSV4h9W /H65PVMiXhZsWu3sJKR66w== 0000950136-08-002302.txt : 20080502 0000950136-08-002302.hdr.sgml : 20080502 20080502170521 ACCESSION NUMBER: 0000950136-08-002302 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080502 DATE AS OF CHANGE: 20080502 EFFECTIVENESS DATE: 20080502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHRODER CAPITAL FUNDS (DELAWARE) CENTRAL INDEX KEY: 0000019532 IRS NUMBER: 132659955 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-34215 FILM NUMBER: 08799884 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE STREET 2: 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-641-3800 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE STREET 2: 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: SCHRODER CAPITAL FUNDS /DELAWARE/ DATE OF NAME CHANGE: 19960206 FORMER COMPANY: FORMER CONFORMED NAME: SCHRODER CAPITAL FUNDS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CHEAPSIDE DOLLAR FUND LTD DATE OF NAME CHANGE: 19880310

0000019532 S000008365 SCHRODER US OPPORTUNITIES FUND

C000022898 SCHRODER US OPPORTUNITIES FUND - INVESTOR CLASS SCUIX

C000029578 SCHRODER US OPPORTUNITIES FUND - ADVISOR CLASS

0000019532 S000008366 SCHRODER US LARGE CAP EQUITY FUND

C000022899 SCHRODER US LARGE CAP EQUITY FUND - INVESTOR CLASS SUSEX

0000019532 S000008367 SCHRODER INTERNATIONAL ALPHA FUND

C000022900 SCHRODER INTERNATIONAL ALPH FUND - INVESTOR CLASS SCIEX

C000029579 SCHRODER INTERNATIONAL ALPHA FUND - ADVISOR CLASS

497 1 file1.htm 497

Filed pursuant to Rule 497(e)

under the Securities Act of 1933, as amended

File Registration No.: 2-34215

SCHRODER CAPITAL FUNDS (DELAWARE)

SCHRODER SERIES TRUST

SCHRODER GLOBAL SERIES TRUST

Supplement dated May 2, 2008

to Prospectuses dated March 1, 2008 (as revised March 7, 2008)

With this supplement, the Investor Shares Prospectus and the Advisor Shares Prospectus (each, a “Prospectus” and together, the “Prospectuses”) are being updated for Schroder Municipal Bond Fund and Schroder Short Term Municipal Bond Fund (the “Funds”) with respect to the Portfolio Managers of the Funds.

The table in the “Management of the Funds - Portfolio Management” section is revised to add the following:


FUND	NAME	TITLE	SINCE	RECENT PROFESSIONAL EXPERIENCE
Schroder Municipal Bond Fund and Schroder Short-Term Municipal Bond Fund	Dennis C. Darling	Portfolio Manager	2008	Mr. Darling is a Fund Manager, Fixed Income of Schroders. Formerly, Vice President Sales and Trading, Municipals with W.H. Mell from 2004-2008, and, Research, Sales and Trading, Municipals, with Emmet & Company from 1992-2004.

Filed pursuant to Rule 497(e)

under the Securities Act of 1933, as amended

File Registration No.: 2-34215

SCHRODER CAPITAL FUNDS (DELAWARE)

SCHRODER SERIES TRUST

SCHRODER GLOBAL SERIES TRUST

Supplement dated May 2, 2008

to Statement of Additional Information dated March 1, 2008 (as revised March 7, 2008)

With this supplement, the Statement of Additional Information is being updated for Schroder Municipal Bond Fund and Schroder Short Term Municipal Bond Fund (the “Funds”) with respect to the Portfolio Managers of the Funds.

The table in the “Portfolio Managers – Other Accounts Managed” section is revised to add the following information as of April 18, 2008, for each of the Funds:


	Number of Accounts	Total Assets in Accounts	Number of Accounts where Advisory Fee is Based on Account Performance	Total Assets in Accounts where Advisory Fee is Based on Account Performance
Schroder Municipal Bond Fund
Dennis C. Darling
Registered Investment Companies	3	$776 Million	None	None
Other Pooled Investment Vehicles	1	$75.4 Million	None	None
Other Accounts	311	$3.77 Billion	None	None
Schroder Short Term Municipal Bond Fund
Dennis C. Darling
Registered Investment Companies	3	$1.26 Billion	None	None
Other Pooled Investment Vehicles	1	$75.4 Million	None	None
Other Accounts	311	$3.77 Billion	None	None

The “Portfolio Manager – Ownership of Securities” section is revised to reflect the following information:

As of April 18, 2008, Mr. Darling did not beneficially own securities of the Funds.

Mr. Darling’s compensation structure is similar to that of the other Portfolio Managers, as described in the Statement of Additional Information

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