USAA MUTUAL FUND, INC.
USAA Growth Fund
EAGLE
LOGO SUPPLEMENT DATED JANUARY 12, 1998
TO THE PROSPECTUS
DATED DECEMBER 1, 1997
The answer to the second question on page 6 of the Prospectus is hereby amended
to read as follows:
Q How will particular securities be selected?
A Generally, we will invest the Fund's assets in stocks that, at the
time of purchase, are considered out of favor or undervalued. These
investments will have at least one of the following characteristics:
X a recent significant market price decline;
X sustained poor performance relative to the market or their
industry;
X extremely pessimistic appraisal by most investors; or
X a market price that is low relative to earnings, cash flow,
assets, or book value.
At times it is likely to be difficult or impossible for us to find
stocks in sufficient quantity which conform to these criteria. In
such cases we will also invest the Fund's assets in other growth
stocks.
We will not trade the Fund's securities to realize short-term
profits, but rather, we intend to purchase securities for long-term
capital appreciation.
31469-0198
