PINNACLE FUND, 497, 1996-01-26

PINNACLE FUND
497, 1996-01-26

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                                                     Rule 497(e)  
                                                     Rule 482 ad


                          PINNACLE FUND

             Average annual returns through 12-31-95

               35.4%         13.9%          13.8%
              1 YEAR         5 YEAR         SINCE  
                                          INCEPTION
                                           3-6-85

Performance is historical and does not represent future results. 
Investment returns and principal value vary, and you may have a
gain or loss when you sell shares.  Call for the Fund's free
prospectus, which has more complete information, including
management fees and expenses.  Please read it carefully before you
invest or send money.

                           managed by

     Heartland Capital Management, Inc.
     Investment Advisors
                                         
                                                                  
   36 South Pennsylvania . Suite 610 . Indianapolis, IN  46204    
           PH (317)633-4080 . FAX (317)633-4002