COREFUNDS, INC.
Supplement dated November 26, 1996
to the Institutional Shares Prospectus dated November 1, 1996
This supplement provides new and additional information beyond that contained
in the Prospectus and should be retained and read in conjunction with such
Prospectus.
Effective November 25, 1996, John Ackler, who currently serves as portfolio
manager of the Cash Reserve Fund, replaced Cathy L. Rahab as portfolio manager
of the Short Term Income Fund. In connection with this change, information
regarding Mr. Ackler's investment experience, which is currently listed on page
68 of the prospectus, is also inserted in the "Fund Managers - Short Term Income
Fund" section on page 68 of the prospectus, and the description of Ms. Rahab on
page 68 is deleted.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
