THE LUTHERAN BROTHERHOOD FAMILY OF FUNDS
Supplement to Prospectus Dated December 28, 1995
Effective May 22, 1996, the first paragraph and the table of sales charges
that follows it in the section of the Prospectus entitled "SALES CHARGES"
are deleted and replaced by the following:
SALES CHARGES
Sales charges apply to purchases of each Fund except the LB Money Market
Fund. These sales charges vary from 0% to 5% of the offering price,
depending upon the amount purchased, including the value of existing
investments. The larger your purchase, the smaller the sales charge.
Offering prices in this table apply to purchases by an individual or by an
individual together with spouse and children under the age of 21. The LB
Money Market Fund has no sales charge.
SALES CHARGE SALES CHARGE
AS A AS A
PERCENTAGE OF PERCENTAGE OF
AMOUNT INVESTED OFFERING PRICE AMOUNT INVESTED
------------------------------------------------------------------------
$500,000 or more 0% 0%
$250,000 and above but less than $500,000 1% 1%
$100,000 and above but less than $250,000 2% 2%
$50,000 and above but less than $100,000 3% 3.1%
$25,000 and above but less than $50,000 4% 4.2%
$15,000 and above but less than $25,000 4.5% 4.7%
Less than $15,000 5% 5.3%
The sales charges listed in the above table apply to all sales of shares in
any of the funds in The Lutheran Brotherhood Family of Funds made on or
after May 22, 1996, except for shares of the Lutheran Brotherhood Money
Market Fund, which require no sales charge.
May 22, 1996
PLEASE INCLUDE THIS SUPPLEMENT WITH YOUR PROSPECTUS.
