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NORTHSTAR ADVANTAGE FUNDS
Prospectus Supplement dated February 1, 1996
To Prospectus dated November 1, 1995
Commencing February 1, 1996 and continuing through May 31, 1996, the
Underwriter will sponsor an incentive program for registered representatives
of the following firms in connection with the sale by their members of shares
of the funds; NorthAmerican Financial, Financial America, Gibraltar
Securities, Chatfield Dean, Halpert & Company, Polaris, Cruttendon & Roth,
Oakbrook Securities, Gilford Securities and United Pacific Securities.
Pursuant to the incentive program, the Underwriter has agreed to provide the
following to members who qualify with respect to cumulative sales of all
classes of shares of the Funds reaching designated levels: (i) gift
certificates of $25, $50 and $100 for combined total sales, respectively of
$25,000, $50,000 and $100,000; and (ii) one or two round trip airline
ticket(s) within the continental U.S. for total sales, respectively, of
$300,000 and $500,000. Different awards of equal value or the cash equivalent
of awards may be substituted.
