FLEX FUNDS
497, 1998-09-02
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THERE'S                     THE FLEX-FUNDS MONEY MARKET FUND

                                 #1 MONEY MARKET FUND
ANOTHER               for Cumulative Total Return since inception
                      (3/27/85) per Lipper Analytical Services, Inc.*

TEAM IN               --------------------------------------------
                      THE FLEX-FUNDS MONEY MARKET FUND 7 DAY YIELD
                      --------------------------------------------
COLUMBUS              5.18% simple yield      5.30% compound yield
                            as of 8/31/98           as of 8/31/98 
                      --------------------------------------------
WITH A
                      Call (800) 325-FLEX for a free prospectus   
                             and new account application.
#1 RANKING
                      THE FLEX-FUNDS
                      P.O. Box 7177, Dublin, OH 43017 (614) 766-7000

                      PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS.
                      The Money Market Fund will seek to maintain a net asset 
                      value of $1.00 per share, although there is no guarantee
                      it will be able to do so.  Investments in The Money Market
                      Fund are neither insured nor guaranteed by the U.S.
                      Government.  The Investment Adviser waived a portion of 
                      its management fee to reduce the operating expenses of the
                      Fund during each of the periods shown above.  Minimum
                      initial investment in The Money Market Fund is $2,500, 
                      $500 for IRA accounts.  Call (800) 325-FLEX for a free
                      prospectus.  Please read the prospectus carefully before
                      investing.   *Based on the ranking of 88 money market
                      funds classified by Lipper Analytical Services, Inc. as
                      General Purpose Money Market Funds as of 6/30/98.



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