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NORTHSTAR ADVANTAGE FUNDS
Prospectus Supplement dated April 1, 1996
To Prospectus dated February 29, 1996
The Underwriter is sponsoring an incentive program for registered
representatives of First Associated Securities, Van Kasper & Company and Alamo
Capital through July 31, 1996 in connection with the sale by their 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.
