SUPPLEMENT DATED JUNE 26, 1998
To the Prospectus of
The Rightime Fund, Inc.
relating to
THE RIGHTIME GOVERNMENT SECURITIES FUND
The following information amends and supplements the information
set forth in the Prospectus dated February 1, 1998 of The Rightime
Fund, Inc. relating to The Rightime Government Securities Fund:
On June 24, 1998, the shareholders of the Rightime Government
Securities Fund (the "Government Fund") agreed to reorganize
the Government Fund into the Rightime Blue Chip Fund (the
"Blue Chip Fund"). The reorganization was completed on Friday,
June 26, 1998 at which time the Government Fund shareholders
became shareholders of the Blue Chip Fund. As a result of the
reorganization, all references in this Prospectus to the
Government Fund should be disregarded because the Government
Fund no longer exists and its shares are no longer offered
for sale.