497 1 web073001prosupp.txt RULE 497(E) PROSPECTUS SUPPLEMENT July 30, 2001 SUPPLEMENT TO THE CLASS A, CLASS B AND CLASS C PROSPECTUS FOR
FUND DATED (SUPPLEMENTED) Pioneer International Equity Fund July 30, 2001 Pioneer Bond Fund September 29, 2000 (January 30, 2001) Pioneer Large-Cap Value Fund December 22, 2000 (January 30, 2001 and July 12, 2001) Pioneer Europe Select Fund December 29, 2000 (January 30, 2001) Pioneer Global Financials Fund December 29, 2000 (January 30, 2001) Pioneer Global Health Care Fund December 29, 2000 (January 30, 2001) Pioneer Global Telecoms Fund December 29, 2000 (January 30, 2001) Pioneer Mid-Cap Fund January 30, 2001 Pioneer Science & Technology Fund January 30, 2001 Pioneer Strategic Income Fund January 30, 2001 Pioneer Value Fund January 30, 2001 (April 2, 2001) Pioneer Equity-Income Fund March 1, 2001 Pioneer Europe Fund March 1, 2001 Pioneer High Yield Fund March 1, 2001 Pioneer Indo-Asia Fund March 1, 2001 (June 1, 2001) Pioneer Mid-Cap Value Fund March 1, 2001 Pioneer Small Company Fund March 1, 2001 (July 6, 2001) Pioneer Tax-Managed Fund March 1, 2001 Pioneer Emerging Markets Fund April 2, 2001 Pioneer International Value Fund April 2, 2001 (June 1, 2001) Pioneer Limited Maturity Bond Fund April 2, 2001 (June 1, 2001) Pioneer Micro-Cap Fund April 2, 2001 (July 6, 2001) Pioneer America Income Trust May 1, 2001 Pioneer Balanced Fund May 1, 2001 Pioneer Cash Reserves Fund May 1, 2001 Pioneer Fund May 1, 2001 Pioneer Growth Shares May 1, 2001 Pioneer Real Estate Shares May 1, 2001 Pioneer Tax-Free Income Fund May 1, 2001
The following supplements the corresponding section of the prospectus. Please refer to the prospectus for the full text of the supplemented section. OPENING YOUR ACCOUNT ONLINE TRANSACTION PRIVILEGES If your account is registered in your name, you may be able buy, exchange or sell fund shares online. Your investment firm may also be able to buy, exchange or sell your fund shares online. To establish online transaction privileges: |X| For new accounts, complete the online section of the account application |X| For existing accounts, complete an account options form, write to the transfer agent or complete the online authorization screen on www.pioneerfunds.com To use online transactions, you must read and agree to the terms of an online transaction agreement available on the Pioneer website. When you or your investment firm requests an online transaction the transfer agent electronically records the transaction, requires an authorizing password and sends a written confirmation. The fund may implement other procedures from time to time. Different procedures may apply if you have a non-U.S. account or if your account is registered in the name of an institution, broker-dealer or other third party. You may not be able to use the online transaction privilege for certain types of accounts, including most retirement accounts. BUYING, EXCHANGING AND SELLING SHARES
---------------- ------------------------------ ------------------------------ ------------------------------ BUYING SHARES EXCHANGING SHARES SELLING SHARES ---------------- ------------------------------ ------------------------------ ------------------------------ ---------------- ------------------------------ ------------------------------ ------------------------------ BY PHONE OR YOU CAN USE THE TELEPHONE OR After you establish an IF YOU HAVE AN ELIGIBLE ONLINE ONLINE PURCHASE PRIVILEGE IF eligible fund account, YOU NON-RETIREMENT ACCOUNT, YOU you have an existing CAN EXCHANGE FUND SHARES BY MAY SELL UP TO $100,000 PER non-retirement account. PHONE OR ONLINE IF: ACCOUNT PER DAY BY PHONE OR Certain IRAs can use the |X| You are exchanging ONLINE. You may sell fund telephone purchase into an existing account shares held in a retirement privilege. If your account or using the exchange to plan account by phone only is eligible, you can establish a new account, if your account is an purchase additional fund provided the new account eligible IRA (tax penalties shares by phone or online if: has a registration may apply). You may not sell |X| You established your identical to the your shares by phone or bank account of record original account online if you have changed at least 30 days |X| The fund into which your address (for checks) or ago you are exchanging your bank information (for |X| Your bank offers the same class of wires and transfers) in the information has not shares last 30 days. changed for at least 30 |X| You are not days exchanging more than You may receive your sale |X| You are not $500,000 worth of shares proceeds: purchasing more than per account per day $25,000 worth of shares |X| You can provide the |X| By check, provided per account per day proper account the check is made payable |X| You can provide the identification exactly as your account proper account information is registered identification |X| By bank wire or by information electronic funds transfer, provided the When you request a telephone sale proceeds are being or online purchase, the sent to your bank address transfer agent will of record electronically debit the amount of the purchase from your bank account of record. The transfer agent will purchase fund shares for the amount of the debit at the offering price determined after the transfer agent receives your telephone or online purchase instruction and good funds. It usually takes three business days for the transfer agent to receive notification from your bank that good funds are available in the amount of your investment. ---------------- ------------------------------ ------------------------------ ------------------------------
SHAREOWNER SERVICES PIONEER WEBSITE WWW.PIONEERFUNDS.COM The website includes a full selection of information on mutual fund investing. You can also use the website to get: |X| Your current account information |X| Prices, returns and yields of all publicly available Pioneer mutual funds |X| Prospectuses for all the Pioneer mutual funds |X| A copy of Pioneer's privacy notice If you or your investment firm authorized your account for the online transaction privilege, you may buy, exchange and sell shares online. SHAREOWNER ACCOUNT POLICIES TELEPHONE AND WEBSITE ACCESS You may have difficulty contacting the fund by telephone or accessing pioneerfunds.com during times of market volatility or disruption in telephone or Internet services. On New York Stock Exchange holidays or on days when the exchange closes early, Pioneer will adjust the hours for the telephone center and for online transaction processing accordingly. If you are unable to access pioneerfunds.com or to reach the fund by telephone, you should communicate with the fund in writing. 10526-00-0701 (C) Pioneer Funds Distributor, Inc. Underwriter of Pioneer mutual funds