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SUPPLEMENT TO THE PROSPECTUS
United Cash Management, Inc.
The following information supplements and supersedes any contrary information
contained in the Prospectus:
At a special meeting of shareholders scheduled for July 24, 1997, shareholders
of the Fund will be asked to approve elimination of or changes to certain of the
Fund's fundamental investment restrictions. If approved, the current
fundamental restrictions regarding remaining maturity of portfolio securities
and investment in restricted securities and in securities owned by affiliated
persons would be eliminated. Also, if approved, the current fundamental
restrictions regarding diversification and loans would be modified.
If the change regarding remaining maturity of portfolio securities is approved,
the Fund intends to implement a new non-fundamental, operating policy providing
that, in accordance with Rule 2a-7, the Fund may invest in securities with a
remaining maturity of not more than 397 calendar days.
To be attached to the cover page of the Prospectus of United Cash Management,
Inc. dated October 31, 1996.
This Supplement is dated May 29, 1997.
NUS2010A
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UNITED CASH MANAGEMENT, INC.
Supplement to the Statement of Additional Information
Dated October 31, 1996, as Supplemented January 10, 1997
The following information supplements and supersedes any contrary information
contained in the Statement of Additional Information:
At a special meeting of shareholders scheduled for July 24, 1997 ("Special
Meeting"), shareholders of the Fund will be asked to approve a proposal relating
to the modification of the Fund's current fundamental investment restrictions
regarding diversification and loans. If approved, the diversification
restriction would be revised to provide that the Fund may not:
With respect to 75% of its total assets, purchase securities of any one
issuer (other than cash items and "Government securities" as defined in the
Investment Company Act of 1940, as amended (the "1940 Act")), if
immediately after and as a result of such purchase, the value of the
holdings of the Fund in the securities of such issuer exceeds 5% of the
value of the Fund's total assets; or buy the securities of companies in any
one industry if more than 25% of the Fund's total assets would then be in
companies in that industry; U.S. Government Obligations and bank
obligations and instruments are not included in this limit (but see
"Foreign Obligations and Instruments").
If this modification is approved, the Fund would continue to remain subject
to, and operate in compliance with, the diversification requirements of Rule 2a-
7 under the 1940 Act.
If approved, the loan restriction would be revised to provide that the Fund may
not:
Make loans other than certain limited types of loans described herein; the
Fund can buy debt securities and other obligations consistent with its goal
and its other investment policies and restrictions; it can also lend its
portfolio securities (see "Lending Securities" above) or, except as
provided above, enter into repurchase agreements (see "Repurchase
Agreements" above).
This Supplement is dated May 29, 1997.
