Supplement to Prospectus dated January 31, 2000
KIRR, MARBACH PARTNERS VALUE FUND (the "Fund")
The following supplements and, to the extent
applicable supercedes, information contained on page 7
of the Fund's Prospectus dated January 31, 2000.
Initial investment minimum
The Fund currently intends to waive the minimum
initial investment requirement of $25,000 for certain
persons in the discretion of the Fund's officers,
including for transactions conducted electronically
through financial intermediaries such as fund
supermarkets and others. The minimum required for any
such persons will be $2,000. This waiver may be
discontinued at any time.
The date of this Supplement is August 30, 2000.
