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NORWEST ADVANTAGE FUNDS
Diversified Equity Fund
Growth Equity Fund
Income Equity Fund
International Fund
ValuGrowth Stock Fund
Contrarian Stock Fund
A Shares
B Shares
Amendment to Prospectus Dated April 1, 1996 and
Prospectus Dated October 1, 1995 As Amended April 1, 1996
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. Normally, Forum will make payments to broker-dealers in the
amounts indicated on pages 54 and 58 of the Prospectus. As indicated, Forum
may elect to reallow the entire sales charge on A Shares to selected
broker-dealers for all sales with respect to which orders are placed with
Forum. As also indicated, Forum, from time to time and at its own expense,
may make additional payments to selected broker-dealers beyond these sales
charges. This compensation is not paid for by the Funds or their
shareholders.
Effective May 1, 1996 through August 30, 1996, or such later date as Forum in
its discretion may determine, Forum may provide additional compensation to
selected broker-dealers in connection with the offering of shares of
Diversified Equity Fund and Growth Equity Fund of up to 1.00% of the value of
the shares purchased.
Effective August 1, 1996, no sales charge will be assessed on purchases by
investors who invest a minimum of $50,000 in individual retirement account
assets in A Shares of Diversified Equity Fund and Growth Equity Fund and who
concurrently make a non-binding commitment to subsequently enroll the assets
in the Norwest WealthBuilder IRA program, an asset allocation program offered
by Norwest Investment Services, Inc. ("NISI"). In connection with purchases
that so qualify, Forum will make payments to NISI of up to 1.00% of the value
of the shares purchased.
August 1, 1996
