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THE BURNHAM FUND INC. (THE 'FUND')
SUPPLEMENT TO THE PROSPECTUS DATED APRIL 30, 1997
ROTH IRA RIDER
This sticker supplements language contained under 'Retirement Plans' located on
page 20 of the Fund Prospectus.
Under the Code, individuals may make wholly or partially tax deductible IRA
contributions of up to $2,000 annually, depending on whether they are active
participants in an employer-sponsored retirement plan and on their income level.
However, dividends and distributions held in the account are not taxed until
withdrawn in accordance with the provisions of the Code. An individual with a
non-working spouse may establish a separate IRA for their spouse under the same
conditions and contribute a maximum of $4,000 to either or both IRAs provided
that no more than $2,000 may be contributed to the IRA of either spouse.
Beginning January 1, 1998, investors satisfying statutory income level
requirements may make non-deductible contributions of up to $2,000 annually to a
Roth IRA, distributions from which are not subject to tax if a statutory five
year holding period is satisfied. Investors should be aware that they may be
subject to penalties or additional tax on contributions or withdrawals from IRAs
or other retirement plans which are not permitted by the applicable provisions
of the Code.
