TRUST FOR FEDERAL SECURITIES
497, 1996-08-30
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<PAGE>   1
                                                   FILED PURSUANT TO RULE 497(e)
                                                   1933 ACT FILE NO. 2-53808
                                                   1940 ACT FILE NO. 811-2573






                               FEDERAL TRUST FUND
                               TREASURY TRUST FUND

                        Investment Portfolios Offered by
                          Trust for Federal Securities



                                Supplement to the
                       STATEMENT OF ADDITIONAL INFORMATION
                             Dated February 28, 1996
                          (As revised April 8, 1996 and
                                  May 22, 1996)


           The following supplements the information appearing in the
                      Statement of Additional Information:



          Neither Fund will invest in inverse floaters, range notes or
                     mortgage derived interest-only notes.




                 The date of this Supplement is August 30, 1996.

<PAGE>   2
                                                   FILED PURSUANT TO RULE 497(e)
                                                   1933 ACT FILE NO. 2-53808
                                                   1940 ACT FILE NO. 811-2573






                                     FEDFUND
                                     T-FUND

                        Investment Portfolios Offered by
                          Trust for Federal Securities



                                Supplement to the
                       STATEMENT OF ADDITIONAL INFORMATION
                             Dated February 28, 1996
                           (As revised April 8, 1996)


           The following supplements the information appearing in the
                      Statement of Additional Information:



          Neither Fund will invest in inverse floaters, range notes or
                     mortgage derived interest-only notes.




                 The date of this Supplement is August 30, 1996.



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