Key Mutual Funds
Key Stock Index Fund
Key International Index Fund
Supplement dated June 17, 1996
to the Prospectus and Statement of Additional Information
dated June 12, 1996
The registration statement of the Key Stock Index Fund and the Key
International Index Fund became effective on June 12, 1996; however, the Key
Stock Index Fund and the Key International Index Fund will not commence
operations nor be available for purchase or exchange until on or about Monday,
July 1, 1996. Investors wishing to obtain more information about Key Mutual
Funds may call 800-539-3863.
