THE EBI FUNDS, INC.
___________________
SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1995
(as previously supplemented October 1, 1995,
October 25, 1995 and December 11, 1995)
Effective January 15, 1996
The prospectus of The EBI Funds, Inc. (the "Fund") is hereby
amended, effective January 15, 1996, to reflect that the name of
the Fund has been changed to
INVESCO Advisor Funds, Inc.
All references in the prospectus to The EBI Funds, Inc. are
changed to reflect the Fund's new name.
The prospectus is hereby further amended to reflect that the
Relative Return Bond Portfolio has been completely liquidated and
terminated in a reorganization in December, 1995. Accordingly,
all references to the Relative Return Bond Portfolio are deleted.