LETTERHEAD
[PFPC Inc.]
[3200 Horizon Drive
[P.O. Box 61503]
[King of Prussia, PA 19406]
July 31, 2000
U.S. Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC 20549
RE: Kelmoore Strategic Trust (the "Registrant")
CIK No. 001073791
1933 Act No. 333-69365
To the Staff of the Commission:
Pursuant to Rule 497(e)under the Securities Act of 1933, as amended,
enclosed for filing on behalf of the Registrant is the EDGAR
transmission of the Supplement dated July 31, 2000 to the Prospectus
dated June 28, 2000.
Please address any comments or questions to the attention of the
undersigned at (610) 239-4519.
Sincerely,
Charlene Bailey
Regulatory Administration
Enc.
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THE KELMOORE STRATEGY[TM] FUNDS
Kelmoore Strategy[TM] Fund
Kelmoore Strategy[TM] Eagle Fund
Supplement dated July 31, 2000 to the prospectus dated June 28, 2000
You should retain this supplement
with the prospectus for future reference.
The following table replaces information contained in the Example
table on page 6 of the Funds' prospectus:
KELMOORE STRATEGY[TM] FUND
1 year 3 years 5 years 10 years
Class A $ 742 $1,231 $1,745 $ 3,151
Class C $ 278 $ 944 $1,635 $ 3,473
KELMOORE STRATEGY[TM] EAGLE FUND
1 year 3 years
Class A $ 766 $1,215
Class C $ 303 $ 927