FIRST PRAIRIE TAX EXEMPT MONEY MARKET FUND
497, 1994-01-28
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                                                   February 1, 1994


                   FIRST PRAIRIE MUNICIPAL MONEY MARKET FUND
                 Supplement to Prospectus Dated April 30, 1993


     The following information supplements, should be read in conjunction
with, and supersedes any contrary information contained in the Fund's
Prospectus.

           Effective February 1, 1994, the Fund's name was changed to
First Prairie Municipal Money Market Fund.  As of such date, the Fund may
invest without limitation in such Municipal Obligations the interest from
which gives rise to a preference item for purposes of the alternative
minimum tax as long as such investment is consistent with the Fund's
investment objective.



                                                               369/stkr020194







                                                   February 1, 1994


                   FIRST PRAIRIE MUNICIPAL MONEY MARKET FUND
               Supplement to Statement of Additional Information
                             Dated April 30, 1993


     Effective February 1, 1994, the Fund's name was changed to First
Prairie Municipal Money Market Fund.


                                                               369/stkr020194




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