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THE BREMER FUNDS
SUPPLEMENT DATED APRIL 18, 2000 TO
THE BREMER FUND PROSPECTUS
DATED JANUARY 28, 2000
THIS INFORMATION SUPPLEMENTS THE BREMER FUNDS PROSPECTUS DATED JANUARY 28, 2000.
THIS SUPPLEMENT, TOGETHER WITH THE PROSPECTUS, CONSTITUTE A CURRENT PROSPECTUS.
TO REQUEST ANOTHER COPY OF THE PROSPECTUS, PLEASE CALL 1-800-595-5552.
The following information should be added to the MANAGEMENT OF THE FUNDS section
on page 15 of the Prospectus:
Effective April 13, 2000, Paul W. Gifford, Jr. will no longer be a
portfolio manager for the Bremer Bond Fund. The Bremer Bond Fund
will continue to be managed by Sandra A. Schimek, CFA, who has
been a portfolio manager of the Bremer Bond Fund since April 1999.
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LEGACY MINNESOTA MUNICIPAL BOND FUND
SUPPLEMENT DATED APRIL 18, 2000 TO
LEGACY MINNESOTA MUNICIPAL BOND FUND PROSPECTUS
DATED JANUARY 28, 2000
THIS INFORMATION SUPPLEMENTS THE LEGACY MINNESOTA MUNICIPAL BOND FUND PROSPECTUS
DATED JANUARY 28, 2000. THIS SUPPLEMENT, TOGETHER WITH THE PROSPECTUS,
CONSTITUTE A CURRENT PROSPECTUS. TO REQUEST ANOTHER COPY OF A PROSPECTUS, PLEASE
CALL 1-877-554-4484.
The following information should be added to the MANAGEMENT OF THE FUNDS section
on page 13 of the Prospectus:
Sandra A. Schimek, CFA, Senior Vice President/Chief Investment
Officer of the Investment Adviser, is replacing Paul W. Gifford,
Jr. who previously managed the Fund from its inception through
April 13, 2000. Sandra A. Schimek is responsible for overseeing
the investment activities of the Investment Adviser, including
fund management, research, trading and operations. She serves on
the Investment Adviser's Executive Committee. Sandra has over 14
years of investment experience. Prior to joining the Investment
Adviser in April 1999, she worked at Banc One Investment Advisers
in various positions, including equity and fixed income analyst,
portfolio manager and product manager. Sandra has an MBA degree
from Marquette University, a Master of Music from Yale University
and a BA in Music from University of Wisconsin-Milwaukee.