COMPOSITE NORTHWEST 50 FUND, INC.
SUPPLEMENT DATED DECEMBER 18, 1995
TO THE PROSPECTUS DATED FEBRUARY 28, 1995
Composite Northwest 50 Fund, Inc. has been renamed
Composite Northwest Fund, Inc. and the method of
achieving its fundamental investment objective has
been changed to allow investments to be selected
without considering the Northwest 50 (R) Index.
The Fund's objective is long-term growth of capital.
All common stocks will be selected from companies,
including real estate investment trusts, located or
doing business in the Northwest. In addition, at
least 65% of its total assets will be invested in
companies whose principal executive offices are
located in the Northwest.
