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THE KENT FUNDS
(THE "TRUST")
SUPPLEMENT DATED MAY 30, 1997
TO THE MONEY MARKET FUNDS PROSPECTUS DATED MAY 1, 1997
The following information replaces the current information contained in the
Trust's Money Market Funds Prospectus.
The following paragraph replaces the second paragraph under the section titled
"What Funds are Offered?--Government Money Market Fund":
- - PRINCIPAL INVESTMENTS: The Fund will invest exclusively in U.S. Treasury
bills, notes and other obligations issued or guaranteed by the U.S.
Government, its agencies or instrumentalities, repurchase agreements with
respect to such securities and shares of registered money market investment
companies that invest in such securities.
The following paragraph replaces the first paragraph under the section titled
"What Instruments Do the Funds Invest In?":
- - The Funds may also invest in the securities and use the investment techniques
described below, except that the Government Money Market Fund will purchase
only U.S. Treasury bills, notes and other obligations issued or guaranteed by
the U.S. Government, its agencies or instrumentalities, repurchase agreements
with respect to such securities and shares of registered money market
investment companies that invest in such securities. Each of these securities
and techniques is described in more detail under "Investment Policies" in the
SAI.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THE PROSPECTUS FOR FUTURE REFERENCE
KKF-0406
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THE KENT FUNDS
(THE "TRUST")
SUPPLEMENT DATED MAY 30, 1997
TO THE STATEMENT OF ADDITIONAL INFORMATION DATED MAY 1, 1997
The following information replaces the current information contained in the
Trust's Statement of Additional Information ("SAI").
The following paragraph replaces the first paragraph under the section titled
"Investment Policies":
- - The following information supplements the description of each Fund's
investment objective and policies as forth in its respective prospectus. The
investment policies discussed below are applicable to all Funds unless
otherwise noted, except that The Kent Government Money Market Fund will
purchase only U.S. Treasury bills, notes and other obligations issued or
guaranteed by the U.S. Government, its agencies or instrumentalities,
repurchase agreements with respect to such securities and shares of registered
money market investment companies that invest in such securities.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THE STATEMENT OF ADDITIONAL INFORMATION
FOR FUTURE REFERENCE