<PAGE> 1
TRUST FOR FEDERAL SECURITIES
FEDFUND; FEDCASH; T-FUND; T-CASH
SUPPLEMENT DATED OCTOBER 2, 1995 TO
PROSPECTUSES DATED FEBRUARY 28, 1995
The fourth sentence under the heading "Purchase Procedures" on page seven
of the FedFund, FedCash and T-Fund Prospectuses and on page six of the T-Cash
Prospectus is deleted and replaced with the following:
Orders received after 12:00 noon and before 3:00 P.M., Eastern time
(or orders received earlier in the same day for which payment has not been
received by 12:00 noon), will be executed at 4:00 P.M., Eastern time, if
payment has been received by PNC Bank by that time.
The second paragraph under the heading "Redemption Procedures" on page
eight of the FedFund Prospectus and page seven of the FedCash, T-Fund and T-Cash
Prospectuses is deleted and replaced with the following:
Payment for redeemed shares for which a redemption order is received
by PFPC by 3:00 P.M., Eastern time, on a Business Day is normally made in
federal funds wired to the redeeming shareholder on the same day. Payment
for redemption orders which are received between 3:00 P.M. and 4:00 P.M.,
Eastern time, or on a day when PNC Bank is closed, is normally wired in
federal funds on the next day following redemption that PNC Bank is open
for business.
PIF-N-GNL2
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TRUST FOR FEDERAL SECURITIES
TREASURY TRUST FUND
FEDERAL TRUST FUND
SUPPLEMENT DATED OCTOBER 2, 1995 TO
PROSPECTUSES DATED FEBRUARY 28, 1995
The second paragraph under the heading "Redemption Procedures" on page
seven of the Prospectuses for Treasury Trust Fund, Treasury Trust Fund Dollar
Shares and Federal Trust Fund is deleted and replaced with the following:
Payment for redeemed shares for which a redemption order is received
by PFPC by 2:30 P.M., Eastern time, on a Business Day is normally made in
federal funds wired to the redeeming shareholder on the same day. Payment
for redemption orders which are received between 2:30 P.M. and 4:00 P.M.,
Eastern time, or on a day when PNC Bank is closed, is normally wired in
federal funds on the next day following redemption that PNC Bank is open
for business.
PIF-N-GNL3
