<PAGE>
SUPPLEMENT TO THE PROSPECTUS
United Funds, Inc. Class A Shares
Purchases of Shares by Certain Program or Plan Holders
Any person who was a holder of an uncompleted (i) United Income Investment
Program, (ii) United Periodic Investment Plan to Acquire United Accumulative
Fund Shares of United Funds, Inc., or (iii) United Periodic Investment Plan to
Acquire United Science Fund Shares of United Funds, Inc. (each a "Plan"), on May
30, 1996, with a face amount of less than $12,000, may purchase Class A shares
of the Fund corresponding to such Plan (i.e., United Income Fund, United
Accumulative Fund or United Science and Technology Fund, respectively) at net
asset value ("NAV") plus a maximum sales charge of 2%, up to the amount
representing the unpaid balance of such Plan, if the purchase order is so
designated. Any holder of an uncompleted Plan on May 30, 1996, with a face
amount of $12,000 or more, may purchase Class A shares of the Fund corresponding
to such Plan at NAV, up to the amount representing the unpaid balance of the
Plan, if the purchase order is so designated. In addition, any person who was a
holder of a Plan on May 30, 1996 may purchase Class A shares of the Fund
corresponding to such Plan at NAV up to the amount representing partial Plan
withdrawals outstanding on May 30, 1996, provided the purchase order is so
designated.
To be attached to the cover page of the Prospectus of United Funds, Inc. Class A
shares dated March 31, 1996.
This Supplement is dated May 30, 1996.
NUS1000C0
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SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
United Funds, Inc.
Purchases of Shares by Certain Program or Plan Holders
Any person who was a holder of an uncompleted (i) United Income Investment
Program, (ii) United Periodic Investment Plan to Acquire United Accumulative
Fund Shares of United Funds, Inc., or (iii) United Periodic Investment Plan to
Acquire United Science Fund Shares of United Funds, Inc. (each a "Plan"), on May
30, 1996, with a face amount of less than $12,000, may purchase Class A shares
of the Fund corresponding to such Plan (i.e., United Income Fund, United
Accumulative Fund or United Science and Technology Fund, respectively) at net
asset value ("NAV") plus a maximum sales charge of 2%, up to the amount
representing the unpaid balance of such Plan, if the purchase order is so
designated. Any holder of an uncompleted Plan on May 30, 1996, with a face
amount of $12,000 or more, may purchase Class A shares of the Fund corresponding
to such Plan at NAV, up to the amount representing the unpaid balance of the
Plan, if the purchase order is so designated. In addition, any person who was a
holder of a Plan on May 30, 1996, may purchase Class A shares of the Fund
corresponding to such Plan at NAV, up to the amount representing partial Plan
withdrawals outstanding on May 30, 1996, provided the purchase order is so
designated.
To be attached to the cover page of the Statement Of Additional Information of
United Funds, Inc. dated March 31, 1996.
This Supplement is dated May 30, 1996.
