AMIDEX FUNDS, INC.
SUPPLEMENT DATED NOVEMBER 3, 1999 TO PROSPECTUS DATED APRIL 27, 1999
AMIDEX 35 MUTUAL FUND
LIMITED-TIME REDUCTION IN INITIAL MINIMUM INVESTMENT AMOUNT
The prospectus for the Amidex 35 Mutual Fund (the "Fund") is hereby supplemented
by adding the following:
From November 1, 1999 until the close of business on December 31, 1999, the
minimum initial investment in No-Load Shares of the Fund has been lowered to
$2,500.
Under the Section of the Prospectus entitled, "Fees and Expenses", Annual
Operating Expenses have been changed as follows:
ANNUAL FUND OPERATING EXPENSES:
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(expenses that are deducted from Fund assets)
MANAGEMENT FEES 0.50%
DISTRIBUTION (12B-1) FEES (2) 0.25%
OTHER EXPENSES 1.45%
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TOTAL ANNUAL FUND
OPERATING EXPENSES 2.20%
All Sections of the Prospectus not specifically amended as noted above remain in
full force and effect.