The Munder Framlington Funds Trust
(the "Trust")
Supplement Dated May 16, 1997
to Prospectus Dated January 2, 1997
Class A, B and C Shares of:
Framlington International Growth Fund, Framlington Emerging
Markets Fund, and Framlington Healthcare Fund (the "Funds").
MINIMUM INITIAL INVESTMENT REDUCED
Effective as of May 16, 1997, the minimum initial investment for
the Funds has been reduced to $500 for Class A, B and C Shares of
each of the Funds.
SALES CHARGE WAIVERS--CLASS A SHARES
QUALIFIED EMPLOYER SPONSORED RETIREMENT PLANS
Effective as of May 16, 1997, (i) the "How to Purchase Shares--
Sales Charge Waivers--Class A Shares" section of the Prospectus is
hereby deleted in its entirety and supplemented as follows and
(ii) the first paragraph under "How to Purchase Shares--Qualified
Employer Sponsored Retirement Plans" in the Prospectus is hereby
deleted in its entirety and supplemented as follows:
Sales Charge Waivers - Class A Shares
Upon notice to the Funds' transfer agent at the time of purchase,
the initial sales charge will be waived on sales of Class A Shares
to the following types of purchasers: (1) individuals with an
investment account or relationship with Munder Capital Management
(the "Advisor"); (2) full-time employees and retired employees of
the Advisor, employees of the Funds' administrator, distributor
and custodian, and immediate family members of such persons; (3)
registered broker-dealers that have entered into selling
agreements with the Funds' distributor (the "Distributor"), for
their own accounts or for retirement plans for their employees or
sold to registered representatives for full-time employees (and
their families) that certify to the Distributor at the time of
purchase that such purchase is for their own account (or for the
benefit of their families); (4) certain qualified employee benefit
plans as defined below; (5) financial institutions, financial
planners or employee benefit plan consultants acting for the
accounts of their clients; and (6) employer sponsored retirement
plans which are administered by Universal Pensions, Inc. ("UPI
Plans").
Qualified Employer Sponsored Retirement Plans
Upon notice to the Funds' transfer agent at the time of purchase,
the initial sales charge will be waived on purchases by employer
sponsored retirement plans that are qualified under Section 401(a)
of the Code including: 401(k) plans, defined benefit pension
plans, profit-sharing pension plans, money-purchase pension plans,
and Section 457 deferred compensation plans and Section 403(b)
plans (each, a "Qualified Employee Benefit Plan") that (1) invest
$1,000,000 or more in Class A Shares of investment portfolios
offered by the Trust, The Munder Funds, Inc. or The Munder Funds
Trust (other than the Index 500 Fund) or (2) have at least 75
eligible plan participants. In addition, the contingent deferred
sales charge ("CDSC") of 1% imposed on certain redemptions within
one year of purchase will be waived for Qualified Employee Benefit
Plan purchases that meet the above criteria. A 1% commission will
be paid by the Distributor to dealers and other entities (as
permitted by applicable Federal and state law) who initiate and
are responsible for Qualified Employee Benefit Plan purchases that
meet the above criteria. For purposes of the foregoing sales
charge waiver, Simplified Employee Pension Plans ("SEPs"),
Individual Retirement Accounts ("IRAs") and UPI Plans are not
considered to be Qualified Employee Benefit Plans.
Upon notice to the Funds' transfer agent at the time of purchase,
the initial sales charge on Class A Shares will be waived on
purchases by UPI Plans. In addition, the CDSC of 1% imposed on
certain redemptions within one year of purchase will be waived for
UPI Plans. A 1% commission will be paid by the Distributor to
dealers and other entities (as permitted by applicable Federal and
state law) who initiate and are responsible for UPI Plan
purchases.
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