CFS INVESTMENT TRUST
Supplement dated March 19, 1996
to Prospectus dated September 1, 1995
Designation of Shares as Class A Shares
The Trust's Agreement and Declaration of Trust has been amended to permit the
issuance of more than one class of shares of each Fund. Since it is likely that
in the future one or more classes of shares will be issued by one or more
Funds, all currently outstanding shares of each Fund have been designated as
Class A shares of that Fund, and all shares offered by this prospectus will be
Class A shares of the respective Funds.
If you hold a certificate representing shares of a Fund, that certificate
will continue to represent the same number of Class A shares of that Fund; the
Trust has discontinued issuing share certificates.
Sales Commission Waiver
The following persons or entities, in addition to those described on pages
18-19 of the prospectus, may purchase shares of a Fund at net asset value
without payment of any sales commission, upon written assurance that the
purchase is made for investment purposes and that the shares will not be sold
except through redemption by the Fund; (a) any investor purchasing shares upon
the recommendation of an investment consultant to which the investor pays a fee
for services relating to investment selection; (b) any investor who purchases
shares of a Fund by exchange of Cash Account Shares previously purchased
through use of the exchange privilege; (c) any employee benefit plan having
more than 200 eligible employees or a minimum of $1 million of plan assets
invested in the Funds; (d) any employee benefit plan through an intermediary
that has signed a participation agreement with CFS specifying certain asset
minimums and qualifications, and marketing, program and trading restrictions;
and (e) any insurance company separate account used to fund annuity contracts
for employee benefit plans that in the aggregate have more than 200 eligible
employees or a minimum of $1 million in plan assets invested in the Funds.
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