SUPPLEMENT TO THE PROSPECTUS
TMK/United Funds, Inc. Small Cap Portfolio
The following information replaces the disclosure in the last paragraph on page
37, under the section entitled "Management":
Zachary H. Shafran is responsible for the day-to-day management of the portfolio
of the Small Cap Portfolio. Mr. Shafran has held his responsibilities for the
Small Cap Portfolio since January 2, 1996. He is a Vice President of WRIMCO.
Mr. Shafran has been an investment analyst with Waddell & Reed, Inc. and its
successor, the Manager, since June 1990.
To be attached to the cover page of the Prospectus of TMK/United Funds, Inc.
dated November 1, 1995.
This Supplement is dated February 1, 1996.
U-1119,Ed. 2-96
