C FUNDS GROUP INC
497, 1999-10-19
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[C/FUNDS GROUP, INC. LOGO]



FILED VIA EDGAR



October 19, 1998


                   FILED PURSUANT TO RULE 497e
           Amendment to N-1A Filing Dated May 3, 1999



Securities and Exchange Commission
Filing Desk
450 5th Street NW
Washington, DC  20549

Re:  File #2-96218d, 1933 Act Regarding Registration of C/Funds
        Group, Inc.
     File #811-4246, 1940 Act Regarding Registration of C/Funds
        Group, Inc.

Dear Commission:

Attached  is  an  amendment  to  our N-1A filing of  May 3, 1999,
informing  shareholders and  the  Commission  that  the  Board of
Directors of C/Funds Group, Inc. ("CFI") has  approved a  Plan of
Complete Liquidation of the Adams Equity Fund which will be voted
on by Fund Shareholders of record as  of October 14 at  a Special
Meeting of Shareholders  currently  scheduled  for  November  18,
1999.  In accordance with the Board's right to take action deemed
to   be  best  interest  of  Shareholders  as  stated   in  CFI's
Prospectus, the Board has directed CFI to terminate the  offering
of Adams Equity Fund Shares as of October 14, 1999.

Please advise if you require any  further  information  regarding
these actions.

Sincerely,

/signature/

Roland G. Caldwell, Jr.
President

RGCjr/ves




[C/FUNDS GROUP, INC. LOGO]







         Adams Equity Fund Series of C/Funds Group, Inc.


                SUPPLEMENT dated October 14, 1999
      To PROSPECTUS and STATEMENT OF ADDITIONAL INFORMATION
            of C/Funds Group, Inc. dated May 3, 1999



On  October  14,  1999, the Board of Directors of C/Funds  Group,
Inc.  approved a Plan of Complete Liquidation of the Adams Equity
Fund Series of C/Funds Group, Inc.  Also effective that date, the
offering  of  Adams  Equity Fund shares  was  terminated  pending
completion  of  a Special Meeting of Shareholders which  will  be
held  to  vote on the Plan.  All current shareholders may  redeem
their holdings at any time if they wish to do so.



/signature/

Roland G. Caldwell, Jr.
President




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