MEMBERS Mutual Funds
Shareholder Services:
Post Office Box 60569
King of Prussia, PA 19406-0569
(800) 877-6089
www.membersfunds.com
Supplement dated October 31, 2000 to
Prospectus dated February 28, 2000
SUB-ADVISOR CHANGE
The Funds' prospectus and statement of additional information are amended as
follows:
As of November 1, 2000, IAI International Limited will no longer manage
any of the assets of the International Stock Fund. Lazard Asset Management will
assume management of the portion of the Fund formerly managed by IAI
International Limited.