July 6, 2000
DUNHILL INVESTMENT TRUST
Regional Opportunity Fund: Ohio Indiana Kentucky
Supplement to Prospectus Dated June 1, 2000
Please read the following in conjunction with the section "How
to Redeem Shares - Signature Guarantees" on page 11 of the
Prospectus:
Effective immediately and until further notice, the
Fund will not accept signature guarantees from Alpha-Omega
Capital Corp., a registered broker-dealer. Redemption requests,
change of registration requests and other communications which
have been signature guaranteed by Alpha-Omega Capital Corp.
will be returned to the shareholder along with a request for a
signature guarantee from an entity acceptable to the Fund.
