AMERICAN AADVANTAGE FUNDS
497, 1997-04-01
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               American AAdvantage Funds - Plan Ahead Class
   Supplement dated April 1, 1997 to the Prospectus dated March 1, 1997

1. Add the following sentence at the end of the last paragraph on page 27:
   Shares purchased through financial intermediaries may be subject to
   transaction fees.

2. Add the following sentence at the end of the second paragraph on page
   29:  Shares redeemed through financial intermediaries may be subject to
   transaction fees.



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