AFBA FIVE STAR FUND, INC.
AFBA Five Star Balanced Fund
AFBA Five Star Equity Fund
AFBA Five Star High Yield Fund
AFBA Five Star USA Global Fund
Supplement dated October 16, 2000
to
Prospectus dated July 31, 2000
Effective October 16, 2000, the name of AFBA Five Star Fund, Inc. is
AFBA 5Star Fund, Inc. The names of the investment portfolios are AFBA
5Star Balanced Fund, AFBA 5Star Equity Fund, AFBA 5Star High Yield Fund
and AFBA 5Star USA Global Fund, (the "Funds"). Also effective October
16, 2000, AFBA Investment Management Company , the manager of the Funds,
changed its name to 5Star Investment Management Co.