<PAGE> 1
HUNTINGTON FUNDS
SUPPLEMENT DATED OCTOBER 30, 2000
TO
INVESTMENT A SHARES AND INVESTMENT B SHARES PROSPECTUS
DATED MAY 1, 2000
--------------------------------------------------------------------------------
Investors are advised that effective November 1, 2000, the Trust
entered into an administrative services agreement with Huntington pursuant to
which each Fund pays an administrative services fee of 0.25% of its average net
daily assets. Accordingly, the information under the caption "Annual Fund
Operating Expenses (expenses that are deducted from Fund assets)," on page 21 of
the Prospectus is replaced with the following:
ANNUAL FUND OPERATING EXPENSES (EXPENSES THAT ARE DEDUCTED FROM FUND ASSETS)
<TABLE>
<CAPTION>
TOTAL ANNUAL TOTAL ANNUAL
OPERATING OPERATING
DISTRIBUTION EXPENSES, EXPENSES
MANAGEMENT (12b-1) OTHER WITHOUT WITH
FEES(1) FEES(1) EXPENSES(1) WAIVER(2) WAIVER WAIVER(2)
---------- ------------ ----------- ------------ ------ ------------
<S> <C> <C> <C> <C> <C> <C>
Money Market Fund .................... 0.27% 0.25% 0.47% 0.99% 0.15% 0.84%
Ohio Municipal Money Market Fund ..... 0.30% 0.25% 0.48% 1.03% 0.15% 0.88%
U.S. Treasury Money Market Fund ...... 0.20% 0.25% 0.45% 0.90% 0.15% 0.75%
Florida Tax-Free Money Fund .......... 0.30% 0.25% 0.55% 1.10% 0.15% 0.95%
Growth Fund .......................... 0.60% 0.25% 0.47% 1.32% 0.15% 1.17%
Income Equity Fund ................... 0.60% 0.25% 0.47% 1.32% 0.15% 1.17%
Mortgage Securities Fund ............. 0.50% 0.25% 0.70% 1.45% 0.15% 1.30%
Ohio Tax-Free Fund ................... 0.50% 0.25% 0.57% 1.32% 0.15% 1.17%
Michigan Tax-Free Fund ............... 0.50% 0.25% 0.55% 1.30% 0.15% 1.15%
Fixed Income Securities Fund ......... 0.50% 0.25% 0.49% 1.24% 0.15% 1.09%
Intermediate Government Income Fund... 0.50% 0.25% 0.54% 1.29% 0.15% 1.14%
</TABLE>
(1) Management fees, distribution (12b-1) fees and other expenses have been
restated to reflect current fees. Other Expenses includes the new administrative
services fee, at the contract amount of 0.25%.
(2) Huntington has contractually agreed to waive 0.15% of the administrative
services fee through April 30, 2001.
In addition, the information under the caption "INVESTMENT A SHARES
EXAMPLE," on page 22 of the Prospectus is replaced with the following:
INVESTMENT A SHARES EXAMPLE
This Example is intended to help you compare the cost of investing in
Investment A Shares of a Fund offered by this Prospectus with the cost of
investing in other mutual funds.
The Example assumes that you invest $10,000 in Investment A Shares of a
Fund for the time periods indicated and redeem all your shares at the end of
those periods. The Example also assumes that your investment has a 5% return
each year and that a Fund's operating expenses remain the same. Although your
actual costs may be higher or lower, based on these assumptions your costs would
be:
1 YEAR 3 YEARS 5 YEARS 10 YEARS
------ ------- ------- --------
Money Market Fund .................... $101 $315 $ 547 $1,213
Ohio Municipal Money Market Fund ..... $103 $328 $ 569 $1,259
U.S. Treasury Money Market Fund ...... $ 92 $287 $ 498 $1,108
Florida Tax-Free Money Fund .......... $112 $350 $ 606 $1,340
Growth Fund .......................... $702 $969 $1,257 $2,074
Income Equity Fund ................... $702 $969 $1,257 $2,074
Mortgage Securities Fund ............. $616 $912 $1,230 $2,128
Ohio Tax-Free Fund ................... $603 $873 $1,164 $1,990
Michigan Tax-Free Fund ............... $601 $868 $1,154 $1,968
Fixed Income Securities Fund.......... $595 $850 $1,124 $1,904
Intermediate Government Income Fund... $600 $865 $1,149 $1,958
Because of the annual distribution (12b-1) fees, long-term shareholders
may pay more than the economic equivalent of the maximum front-end sales charges
permitted under the rules of the National Association of Securities Dealers,
Inc.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
FOR FUTURE REFERENCE
<PAGE> 2
HUNTINGTON FUNDS
SUPPLEMENT DATED OCTOBER 30, 2000
TO
TRUST SHARES PROSPECTUS
DATED MAY 1, 2000
-------------------------------------------------------------------------------
Investors are advised that effective November 1, 2000, the Trust
entered into an administrative services agreement with Huntington pursuant to
which each Fund pays an administrative services fee of 0.25% of its average net
daily assets. Accordingly, the information under the caption "Annual Fund
Operating Expenses (expenses that are deducted from Fund assets)," on page 21 of
the Prospectus is replaced with the following:
ANNUAL FUND OPERATING EXPENSES (EXPENSES THAT ARE DEDUCTED FROM FUND ASSETS)
<TABLE>
<CAPTION>
TOTAL ANNUAL TOTAL ANNUAL
OPERATING OPERATING
DISTRIBUTION EXPENSES, EXPENSES
MANAGEMENT (12b-1) OTHER WITHOUT WITH
FEES(1) FEES(1) EXPENSES(1) WAIVER(2) WAIVER WAIVER(2)
---------- ------------ ----------- ------------ ------ ------------
<S> <C> <C> <C> <C> <C> <C>
Money Market Fund................................. 0.27% None 0.47% 0.74% 0.15% 0.59%
Ohio Municipal Money Market Fund.................. 0.30% None 0.48% 0.78% 0.15% 0.63%
U.S. Treasury Money Market Fund................... 0.20% None 0.45% 0.65% 0.15% 0.50%
Florida Tax-Free Money Fund....................... 0.30% None 0.55% 0.85% 0.15% 0.70%
Growth Fund....................................... 0.60% None 0.47% 1.07% 0.15% 0.92%
Income Equity Fund................................ 0.60% None 0.47% 1.07% 0.15% 0.92%
Mortgage Securities Fund.......................... 0.50% None 0.70% 1.20% 0.15% 1.05%
Ohio Tax-Free Fund................................ 0.50% None 0.57% 1.07% 0.15% 0.92%
Michigan Tax-Free Fund............................ 0.50% None 0.55% 1.05% 0.15% 0.90%
Fixed Income Securities Fund...................... 0.50% None 0.49% 0.99% 0.15% 0.84%
Intermediate Government Income Fund............... 0.50% None 0.54% 1.04% 0.15% 0.89%
Short/Intermediate Fixed Income Securities Fund... 0.50% None 0.48% 0.98% 0.15% 0.83%
</TABLE>
-----------------------
(1) Management fees and other expenses have been restated to reflect current
fees. Other expenses includes the new administrative services fee, at the
contract amount of 0.25%.
(2) Huntington has contractually agreed to waive 0.15% of the administrative
services fee through April 30, 2001.
In addition, the information under the caption "EXAMPLE," on page 21 of
the Prospectus is replaced with the following:
EXAMPLE
This Example is intended to help you compare the cost of investing in a
Fund offered by this Prospectus with the cost of investing in other mutual
funds.
The Example assumes that you invest $10,000 in a Fund for the time
periods indicated and redeem all your shares at the end of those periods. The
Example also assumes that your investment has a 5% return each year and that a
Fund's operating expenses remain the same. Although your actual costs may be
higher or lower, based on these assumptions your costs would be:
<TABLE>
<CAPTION>
1 YEAR 3 YEARS 5 YEARS 10 YEARS
------ ------- ------- --------
<S> <C> <C> <C> <C>
Money Market Fund ................................. $ 76 $237 $411 $ 918
Ohio Municipal Money Market Fund .................. $ 80 $249 $433 $ 966
U.S. Treasury Money Market Fund ................... $ 66 $208 $362 $ 810
Florida Tax-Free Money Fund ....................... $ 87 $271 $471 $1,049
Growth Fund ....................................... $109 $340 $590 $1,306
Income Equity Fund ................................ $109 $340 $590 $1,306
Mortgage Securities Fund .......................... $122 $381 $660 $1,455
Ohio Tax-Free Fund ................................ $109 $340 $590 $1,306
Michigan Tax-Free Fund ............................ $107 $334 $579 $1,283
Fixed Income Securities Fund ...................... $101 $315 $547 $1,213
Intermediate Government Income Fund ............... $106 $331 $574 $1,271
Short/Intermediate Fixed Income Securities Fund ... $100 $312 $542 $1,201
</TABLE>
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INVESTORS SHOULD RETAIN THIS SUPPLEMENT
FOR FUTURE REFERENCE
