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NEW COVENANT FUNDS
New Covenant Growth Fund
New Covenant Income Fund
New Covenant Balanced Growth Fund
New Covenant Balanced Income Fund
Supplement dated June 30, 1999 to Prospectus dated June 30, 1999
The New Covenant Funds will initially commence operations and accept
shareholder investments beginning August 2, 1999.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE PROSPECTUS FOR FUTURE
REFERENCE
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