SUPPLEMENT TO THE PROSPECTUS
United Funds, Inc. - Class A and Class Y Shares
The following information supplements and supersedes any contrary information
contained in the Prospectus:
At a special meeting of shareholders held June 22, 1999, shareholders of each
series (each, a "Fund") of United Funds, Inc. approved a proposal to change the
investment management fee for their Fund. Effective June 30, 1999, the
management fees are:
for United Accumulative Fund, 0.70% of net assets up to $1 billion, 0.65% of net
assets over $1 billion and up to $2 billion, 0.60% of net assets over $2 billion
and up to $3 billion, and 0.55% of net assets over $3 billion;
for United Bond Fund, 0.525% of net assets up to $500 million, 0.50% of net
assets over $500 million and up to $1 billion, 0.45% of net assets over $1
billion and up to $1.5 billion, and 0.40% of net assets over $1.5 billion;
for United Income Fund, 0.70% of net assets up to $1 billion, 0.65% of net
assets over $1 billion and up to $2 billion, 0.60% of net assets over $2 billion
and up to $3 billion, 0.55% of net assets over $3 billion and up to $6 billion,
and 0.50% of net assets over $6 billion; and
for United Science and Technology Fund, 0.85% of net assets up to $1 billion,
0.83% of net assets over $1 billion and up to $2 billion, 0.80% of net assets
over $2 billion and up to $3 billion, and 0.76% of net assets over $3 billion.
Effective June 30, 1999, James D. Wineland is primarily responsible for the
management of the portfolio of United Income Fund.
To be attached to the cover page of the Class A and Class Y Prospectus of United
Funds, Inc. dated April 15, 1999.
This Supplement is dated June 30, 1999.
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