CENTURION FUNDS, INC.
on behalf of the
Centurion U.S. Equity Fund
Centurion International Equity Fund
Centurion U.S. Contra Fund
Centurion International Contra Fund
Supplement to the Prospectus and
Statement of Additional Information
each dated December 4, 1998
The following replaces certain information contained
in the Prospectus and Statement of Additional
Information of the Funds listed above:
Effective immediately, the following investment
personnel have joined the Credit Suisse Asset
Management ("CSAM") investment team, consisting of
Jeffrey A. Geller and Anthony J. Antonucci, in the
management of the Funds:
Christian T. Lee is an Assistant Vice President of CSAM
and researches trading opportunities by designing and
programming analytical tools for currency and equity
markets. He oversees operational and accounting issues.
Before joining CSAM in 1996, he was responsible for the
risk management of derivatives positions at Mitsubishi
Bank. Mr. Lee holds a B.A. in Economics and Finance
from the University of Rochester.
Nelson Louie is an Assistant Vice President of CSAM and
is responsible for all exchange-traded futures analysis
and execution. Prior to joining CSAM in 1993, he was
an operations specialist with the funds management
group at Bankers Trust. Mr. Louie holds a B.A. in
Economics from Union College.
Dated: November 5, 1999