BUILDERS FIXED INCOME FUND INC
497, 1999-06-02
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                        BUILDERS FIXED INCOME FUND, INC.
                          SUPPLEMENT TO THE PROSPECTUS
                             Dated January 29, 1999

                          Supplement dated June 2, 1999

THE FOLLOWING  SUPPLEMENTS  THE SECTION  "PURCHASE,  REDEMPTION AND VALUATION OF
FUND SHARES" ON PAGE 14 OF THE PROSPECTUS.

Effective  immediately,  the wiring  instructions  for the Builders Fixed Income
Fund,  Inc have been changed.  The wiring  instructions  on page 14 are replaced
with the following:

If you are  purchasing  shares by wiring funds,  PLEASE  TELEPHONE  UNIFIED FUND
SERVICES, INC. AT THE TOLL FREE NUMBER 1-877-923-5626 and provide your bank with
the following:

WIRE INSTRUCTIONS:
                    UMB Bank, N.A.
                    ABA# 1010-0069-5
                    Credit to: 9870983710
                    FBO: Builders Fixed Income Fund
                    Shareholder Name:
                    Shareholder A/C #


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