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SUPPLEMENT TO THE PROSPECTUS
TMK/United Funds, Inc.
Asset-Backed Securities
Asset-backed securities represent interests in pools of consumer loans
(generally unrelated to mortgage loans) and most often are structured as
pass-through securities. Each Portfolio (other than the Money Market
Portfolio) may invest no more than 30% of its total assets in asset-backed
securities. The Asset Strategy Portfolio does not currently intend to invest
in any non-mortgage asset-backed securities.
To be attached to page 27 of the Prospectus of TMK/United Funds, Inc. dated May
1, 1996.
This Supplement is dated August 16, 1996.
U-1128 Ed 8/96
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SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
TMK/United Funds, Inc.
The following disclosure replaces the last two sentences in the section entitled
"Asset-Backed Securities" on page 13:
Each Portfolio (other than the Money Market Portfolio) may invest no more
than 30% of its total assets in asset-backed securities. The Asset Strategy
Portfolio does not currently intend to invest in any non-mortgage asset-
backed securities.
The following disclosure should be added in the section entitled "Directors and
Officers" on page 64:
Thomas A. Mengel
Vice President of the Fund and two other funds in the Fund Complex; Vice
President of WRIMCO; formerly, President of Sal. Oppenheim jr. & Cie.
Securities, Inc., Vice President of Hauck and Hope Securities, and Manager of
German Equities at Berliner Bank, in Berlin, Germany.
To be attached to the cover page of the SAI of TMK/United Funds, Inc. dated May
1, 1996.
This Supplement is dated August 16, 1996.
