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April 1, 1996
EMERALD FUNDS
(THE "FUND")
SUPPLEMENT TO PROSPECTUS DATED
APRIL 1, 1996
Until May 18, 1996, DST Systems, Inc. ("DST") will serve as the Fund's
transfer agent. As of May 18, 1996, BISYS Fund Services, Inc. ("BISYS") will
assume the responsibilities of transfer agent for the Fund.
During the period from April 1, 1996 through May 17, 1996 shareholders
should continue to direct phone inquiries to DST at (800) 637-3759 and all mail
(including purchases, redemption requests and general inquiries to:
Emerald Funds -- [Fund Name]
P.O. Box 419709
Kansas City, Missouri 64141-6709
Beginning May 18, 1996 shareholders should direct telephone calls and mail to
the phone numbers and address(es) referenced in their Fund's Prospectus.
