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STATE FARM MUTUAL FUND TRUST
State Farm Equity Fund
State Farm Small Cap Equity Fund
State Farm International Equity Fund
State Farm S&P 500 Index Fund
State Farm Small Cap Index Fund
State Farm International Index Fund
State Farm Equity and Bond Fund
State Farm Bond Fund
State Farm Tax Advantaged Bond Fund
State Farm Money Market Fund
Supplement dated December 28, 2000 to
the Class A/Class B Prospectus dated December 18, 2000 of
State Farm Mutual Fund Trust
In the table under the heading "Expense Examples" on the left column of page 23,
the row of expenses indicated for "Equity And Bond Fund" is deleted and replaced
by the following:
<TABLE>
<CAPTION>
FUND CLASS A CLASS B
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1 YEAR 3 YEARS 1 YEAR 3 YEARS
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<S> <C> <C> <C> <C>
Equity And Bond Fund $418 $667 $462 $777
</TABLE>
