RNC MUTUAL FUND GROUP, INC.
SUPPLEMENT TO THE PROSPECTUS
DATED FEBRUARY 1, 1997
SUPPLEMENT DATED AUGUST 27, 1997
This supplement amends the section in the Prospectus entitled "SHAREHOLDER RULE
12b-1 PLANS" on Page 14:
The first paragraph of this section is hereby amended to read:
"The Group on behalf of each Fund has adopted a plan pursuant to Rule
12b-1 under the 1940 Act (the "Rule 12b-1 Plan"). For RNC Equity Fund,
the Rule 12b-1 Plan will be serviced by the Principal Underwriter. For
RNC Money Market Fund, effective July 24, 1997 the Rule 12b-1 Plan will
be serviced by the Principal Underwriter, prior to that date the Rule
12b-1 Plan services were provided by Midvale Securities Corporation
("Midvale"), an affiliate of the Adviser."
Throughout the remaining description of the Rule 12b-1 Plan, all
references to Midvale are removed.
The remaining information remains unchanged.
