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NORWEST ADVANTAGE FUNDS
INCOME EQUITY FUND
VALUGROWTH STOCK FUND
DIVERSIFIED EQUITY FUND
GROWTH EQUITY FUND
SMALL COMPANY STOCK FUND
INTERNATIONAL FUND
A SHARES
B SHARES
Supplement to Prospectus Dated October 1, 1996
1. As the Funds' distributor, Forum pays a broker-dealers' reallowance on A
Shares and a sales commission on B Shares to broker-dealers who sell shares of
the Funds. As described in the Prospectus, Forum will make payments to broker-
dealers in the amounts indicated on pages 58 and 62 of the Prospectus. Forum
will reallow the entire sales charge to broker-dealers in connection with the
offering of A Shares of Diversified Equity Fund and Growth Equity Fund. Forum
also provides additional compensation to broker-dealers, in connection with the
offering of A Shares and B Shares of Diversified Equity Fund and Growth Equity
Fund, of 1.00% of the value of the shares purchased in an individual retirement
account. This additional compensation is not paid for by the Funds or their
shareholders.
2. The following paragraph relating to B Shares of the Funds replaces in its
entirety the last paragraph on Page 65 of the Prospectus:
No contingent deferred sales charge is imposed on (i) redemptions of Shares
acquired through the reinvestment of dividends and distributions, (ii)
involuntary redemptions by a Fund of shareholder accounts with low account
balances, (iii) redemptions of Shares following the death or disability of a
shareholder if the Fund is notified within one year of the shareholder's death
or disability, (iv) redemptions to effect a distribution (other than a lump sum
distribution) from an IRA, Keogh plan or Section 403(b) custodial account or
from a qualified retirement plan, (v) redemptions by any registered investment
adviser with whom FFSI has entered into a share purchase agreement and which is
acting on behalf of its fiduciary customer accounts, and (vi) purchases or
redemptions of Shares by Norwest Simplified Investment-SM- Plan accounts. See
the SAI for further information.
January 1, 1997
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NORWEST ADVANTAGE FUNDS
STABLE INCOME FUND
INTERMEDIATE GOVERNMENT INCOME FUND
INCOME FUND
TOTAL RETURN BOND FUND
A SHARES
B SHARES
Supplement to Prospectus Dated October 1, 1996
The following paragraph relating to B Shares of the Funds replaces in its
entirety the second paragraph on Page 60 of the Prospectus:
No contingent deferred sales charge is imposed on (i) redemptions of Shares
acquired through the reinvestment of dividends and distributions, (ii)
involuntary redemptions by a Fund of shareholder accounts with low account
balances, (iii) redemptions of Shares following the death or disability of a
shareholder if the Fund is notified within one year of the shareholder's death
or disability, (iv) redemptions to effect a distribution (other than a lump sum
distribution) from an IRA, Keogh plan or Section 403(b) custodial account or
from a qualified retirement plan, (v) redemptions by any registered investment
adviser with whom FFSI has entered into a share purchase agreement and which is
acting on behalf of its fiduciary customer accounts, and (vi) purchases or
redemptions of Shares by Norwest Simplified Investment-SM- Plan accounts. See
the SAI for further information.
January 1, 1997
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NORWEST ADVANTAGE FUNDS
TAX-FREE INCOME FUND
COLORADO TAX-FREE FUND
MINNESOTA TAX-FREE FUND
A SHARES
B SHARES
Supplement to Prospectus Dated October 1, 1996
The following paragraph relating to B Shares of the Funds replaces in its
entirety the second paragraph on Page 43 of the Prospectus:
No contingent deferred sales charge is imposed on (i) redemptions of Shares
acquired through the reinvestment of dividends and distributions, (ii)
involuntary redemptions by a Fund of shareholder accounts with low account
balances, (iii) redemptions of Shares following the death or disability of a
shareholder if the Fund is notified within one year of the shareholder's death
or disability, (iv) redemptions to effect a distribution (other than a lump sum
distribution) from an IRA, Keogh plan or Section 403(b) custodial account or
from a qualified retirement plan, (v) redemptions by any registered investment
adviser with whom FFSI has entered into a share purchase agreement and which is
acting on behalf of its fiduciary customer accounts, and (vi) purchases or
redemptions of Shares by Norwest Simplified Investment-SM- Plan accounts. See
the SAI for further information.
January 1, 1997
