<PAGE>
HUNTINGTON FUNDS
Supplement dated July 27, 1999
to
INVESTMENT SHARES PROSPECTUS
dated April 30, 1999
Investors are advised that, effective immediately, Stephen M. Geis,
portfolio manager of the Short/Intermediate Fixed Income Securities Fund and the
Fixed Income Securities Fund, will serve as portfolio manager of the Mortgage
Securities Fund and the Intermediate Government Income Fund. In addition,
William G. Doughty, portfolio manager of the Ohio Tax-Free Fund, will serve as
portfolio manager of the Michigan Tax-Free Fund. The qualifications of Messrs.
Geis and Doughty are described on page 36 of the Prospectus.
Investors are advised to replace the box entitled "Sales Charges and
Quantity Discounts," on page 28 of the Prospectus with the following corrected
version:
SALES CHARGES AND QUANTITY DISCOUNTS
<TABLE>
<CAPTION>
Growth Fund Income Equity Fund
Sales Charge Sales Charge Sales Charge Sales Charge
as a as a as a as a
Percentage of Percentage of Percentage of Percentage of
Public Net Amount Public Net Amount
Amount of Transaction Offering Price Invested Amount of Transaction Offering Price Invested
- --------------------- -------------- ------------- --------------------- -------------- --------
<S> <C> <C> <C> <C> <C>
Under $100,000 4.00% 4.17% Under $50,000 5.50% 5.82%
$100,000-$249,999 3.50% 3.63% $50,000-$99,999 4.50% 4.71%
$250,000-$499,999 2.50% 2.56% $100,000-$249,999 3.50% 3.63%
$500,000-$749,999 1.50% 1.52% $250,000-$499,999 2.75% 2.83%
$750,000-$1,000,000 0.75% 0.76% $500,000-$1,000,000 2.00% 2.04%
Over $1,000,000 0.25% 0.25% Over $1,000,000 0.00% 0.00%
</TABLE>
Mortage Securities Fund, Ohio Tax-Free Fund, Money Market Funds
Michigan Tax-Free Fund, Fixed Income Securities
Fund and Intermediate Government No Sales Charges Apply
Income Fund
Sales Charge Sales Charge
as a as a
Percentage of Percentage of
Public Net Amount
Amount of Transaction Offering Price Invested
- --------------------- -------------- --------
Under $500,000 2.00% 2.04%
$500,000-$749,999 1.50% 1.52%
$750,000-$999,999 0.75% 0.76%
Over $1,000,000 0.00% 0.00%
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THEIR PROSPECTUS FOR FUTURE REFERENCE
<PAGE>
HUNTINGTON FUNDS
Supplement dated July 27, 1999
to
TRUST SHARES PROSPECTUS
dated April 30, 1999
Investors are advised that, effective immediately, Stephen M. Geis,
portfolio manager of the Short/Intermediate Fixed Income Securities Fund and the
Fixed Income Securities Fund, will serve as portfolio manager of the Mortgage
Securities Fund and the Intermediate Government Income Fund. In addition,
William G. Doughty, portfolio manager of the Ohio Tax-Free Fund, will serve as
portfolio manager of the Michigan Tax-Free Fund. The qualifications of Messrs.
Geis and Doughty are described on page 36 of the Prospectus.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THEIR PROSPECTUS FOR FUTURE REFERENCE
