THE BSG FUNDS
-------------
CROSS REFERENCE SHEET
---------------------
FORM N-1A
---------
FOR BANC STOCK GROUP FUND
-------------------------
ITEM SECTION IN EACH PROSPECTUS
- ---- --------------------------
1.....................................Cover Page
2.....................................Summary of Fund Expenses
3.....................................Performance Information; Financial
Highlights
4.....................................The Fund, Investment Objective and
Strategies and Risk Considerations,
Investment Policies and Techniques,
Operation of the Fund, General
Information
5.....................................Operation of the Fund
5A....................................None
6.....................................Cover Page, Dividends and Distributions,
Taxes, General Information, How to
Redeem Shares
7.....................................Cover Page, How to Invest in the Fund,
Share Price Calculation, Operation of
the Fund, How to Redeem Shares,
Supplement to Prospectus
8.....................................How to Redeem Shares
9.....................................None
13.....................................General Information
15.....................................General Information
SECTION IN STATEMENT OF ADDITIONAL
----------------------------------
ITEM INFORMATION
- ---- -----------
10.....................................Cover Page
11.....................................Table of Contents
12.....................................None
13.....................................Additional Information About Fund
Investments and Risk Considerations,
Investment Limitations
14.....................................Trustees and Officers
15.....................................None
16.....................................The Investment Adviser, Custodian,
Transfer Agent, Accountants, Trustees
and Officers
17.....................................Portfolio Transactions and Brokerage
18.....................................Description of the Trust
19.....................................Determination of Share Price
20.....................................None
21.....................................Distributor
22.....................................Investment Performance
23.....................................Financial Statements
<PAGE>
THE BANC STOCK GROUP FUND
SUPPLEMENT DATED DECEMBER 8, 1997
TO PROSPECTUS DATED NOVEMBER 1, 1997
The following information supplements the section titled "Purchases at Net Asset
Value, " page 7 of the Prospectus.
Under certain circumstances, shareholders of the Adviser's parent
company, Banc Stock Group, Inc., may purchase shares of the Fund during
certain promotional periods without paying a sales charge. Contact the
Fund's distributor, Banc Stock Financial Services, Inc.
at 1-800-348-BANK for additional information.
This Supplement and the Prospectus dated November 1, 1997 provide the
information a prospective investor ought to know before investing and should be
retained for future reference. A Statement of Additional Information has been
filed with the Securities and Exchange Commission dated November 1, 1997, which
is incorporated herein by reference and can be obtained without charge by
calling the distributor at the phone number listed above.
