IMPORTANT ADDITIONAL INFORMATION FOR SHAREHOLDERS OF
UNITED SERVICES FUNDS
U.S. TREASURY SECURITIES CASH FUND
U.S. GOVERNMENT SECURITIES SAVINGS FUND
JULY 29, 1996 SUPPLEMENT TO
PROSPECTUS DATED NOVEMBER 1, 1995
AS AMENDED MAY 31, 1996
HOW TO PURCHASE SHARES--P. 10
All purchases of shares are subject to acceptance by the Trust and are not
binding until accepted. United Services Funds reserves the right to reject any
application or investment. Orders received by the Fund's transfer agent or a
sub-agent before 4:00 p.m., Eastern time, Monday through Friday exclusive of
business holidays, and accepted by the Fund will receive the share price next
computed after receipt of the order.
HOW TO REDEEM SHARES--P. 12
You may redeem any or all of your shares at will. Redemption requests received
in proper order by the Fund's transfer agent or a sub-agent before 4:00 p.m.,
Eastern time, Monday through Friday exclusive of business holidays will receive
the share price next computed after receipt of the request.
INVESTMENT OBJECTIVES AND CONSIDERATIONS--P. 1
Each investor is responsible for determining whether or not an investment in the
Fund is appropriate for his or her needs.
