SUPPLEMENT DATED JULY 1, 1995 TO PROSPECTUS DATED APRIL 3, 1995
FOR
LANDMARK NATIONAL TAX FREE INCOME FUND
LANDMARK NEW YORK TAX FREE INCOME FUND
The third paragraph of the "Management -- Investment Adviser" section of the
Prospectus on page 16 is hereby amended in its entirety to read as follows:
Carla Wrocklage, a Vice President of Citibank, is the manager of each Fund.
Ms. Wrocklage has over 9 years of tax exempt portfolio management experience.
Prior to joining the Adviser in 1995, she was a municipal bond portfolio
manager for Prudential Insurance Company of America. Previously, she was
associated with Keystone Group.
