JUNE 30, 2000
IMS CAPITAL VALUE FUND
SUPPLEMENT TO PROSPECTUS DATED FEBRUARY 28, 2000
EFFECTIVE JULY 1, 2000, UNIFIED FUND SERVICES, INC., 431 N. PENNSYLVANIA STREET,
INDIANAPOLIS, IN 46204 WILL SERVE AS THE FUND'S TRANSFER AGENT. THE TELEPHONE
NUMBER FOR INFORMATION, SHAREHOLDER SERVICES AND REQUESTS WILL CONTINUE TO BE
(800) 934-5550.
The disclosure under the caption "HOW TO BUY SHARES" and "HOW TO REDEEM SHARES"
in the Fund's prospectus dated February 28, 2000 is modified by the following
information:
HOW TO BUY SHARES
INITIAL PURCHASE
BY MAIL - To be in proper form, your initial purchase request must
include:
o a completed and signed investment application form (which accompanies
this Prospectus); and
o a check (subject to the minimum amounts) made payable to the Fund.
Mail application and check to:
MAIL TO: OVERNIGHT TO:
IMS Capital Value Fund IMS Capital Value Fund
c/o Unified Fund Services, Inc c/o Unified Fund Services, Inc
P.O. Box 6110 431 N. Pennsylvania Street
Indianapolis, IN 46206-6110 Indianapolis, IN 46204
BY WIRE- You may also purchase shares of the Fund by wiring federal funds from
your bank, which may charge you a fee for doing so. To wire money, you must call
Unified Fund Services, Inc. the Fund's transfer agent, at (800) 934-5550 to set
up your account and obtain an account number. You should be prepared at that
time to provide the information on the application. Then, provide your bank with
the following information for purposes of wiring your investment:
Shareholders should instruct their bank to continue to wire funds as follows:
Firstar Bank, N.A.
ABA #0420-0001-3
Attn: IMS Capital Value Fund
D.D.A.# 485777197
Account Name _________________(write in shareholder name)
For the Account # ______________(write in account number)
You must mail a signed application to Unified Fund Services, Inc. the
Fund's transfer agent, at the above address in order to complete your initial
wire purchase.
HOW TO REDEEM SHARES
BY MAIL - You may redeem any part of your account in the Fund at no charge
by mail. Your request should be addressed to:
IMS Capital Value Fund
c/o Unified Fund Services, Inc
P.O. Box 6110
Indianapolis, IN 46206-6110
