MONEY MARKET TRUST
Supplement to Prospectus dated September 30, 1997
At the April 30, 1998 shareholder meeting, the following was approved:
Extended The maximum maturity limit of the money market securities in which the
Trust invests was extended from one year (365 days) to 13 months (397 days)
so that the Trust will operate in accordance with Rule 2a-7; and
Changed The Trust may invest, without limitation, in restricted securities
which meet the Board of Trustees' guidelines for liquidity. Therefore the
Trust's policy on restricted securities is as follows:
"The Trust may invest in restricted securities. Restricted
securities are any securities in which the Trust may invest pursuant
to its investment objective and policies but which are subject to
restrictions on resale under federal securities law. Under criteria
established by the Trustees, certain restricted securities are
determined to be liquid. To the extent that restricted securities
are not determined to be liquid the Trust will limit their purchase,
together with other illiquid securities, to 10% of its net assets."
May 18, 1998
Cusip 609900105
G00412-02 (5/98)
MONEY MARKET TRUST
Supplement to Statement of Additional Information dated September 30, 1997
At the April 30, 1998 shareholder meeting, the following was approved:
Amended the list of the Board of Trustees to include Nicholas P.
Constantakis;
Amended the policy on diversification of investments by removing any
specific restrictions and limitations regarding diversification so that the
Trust will be operated in accordance with Rule 2a-7;
Changed the Trust's fundamental policy of investing in restricted securities
to a non-fundamental policy, which allows the Trust to invest, without
limitation, in restricted securities that meet the Board of Trustees'
guidelines for liquidity;
Removed the Trust's policy on investing in new issuers; and
Removed the Trust's policy on investing in put and call options.
May 18, 1998
Cusip 609900105
G00412-03 (5/98)
