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NORTHSTAR ADVANTAGE FUNDS
Prospectus Supplement dated March 13, 1996
To Prospectus dated February 29, 1996
The Underwriter is sponsoring an incentive program for registered
representatives of Kohn Hebert & Associates, Ltd. through June 30, 1996 in
connection with the sale by its members of shares of the Funds. 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.
