THE NORTHSTAR FUNDS
Prospectus Supplement dated
February 18, 1997 to Prospectus dated
November 18, 1996
The following information supplements or replaces the information contained in
the section of the Funds' prospectus entitled "Investment Objectives and
Policies of the Funds":
Effective February 18, 1997, the Northstar Government Securities Fund will be
managed so it qualifies as a permissible investment for political subdivisions
of the state of Michigan. Shareholders will be notified 60 days before making
any change to this policy.
The following information supplements or replaces the information contained in
the section of the Funds' prospectus entitled "Other Investment Techniques":
The Northstar Government Securities Fund does not intend to acquire securities
on a "when-issued" basis.
THIS SUPPLEMENT SUPERSEDES ALL PRECEDING SUPPLEMENTS.
