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Rule 497(e)
Registration No. 33-21489
File NO. 811-5545
THE SESSIONS GROUP
RIVERSIDE CAPITAL MONEY MARKET FUND
RIVERSIDE CAPITAL VALUE EQUITY FUND
RIVERSIDE CAPITAL FIXED INCOME FUND
RIVERSIDE CAPITAL TENNESSEE MUNICIPAL OBLIGATIONS FUND
RIVERSIDE CAPITAL LOW DURATION GOVERNMENT SECURITIES FUND
RIVERSIDE CAPITAL GROWTH FUND
SUPPLEMENT DATED DECEMBER 19, 1996
TO STATEMENT OF ADDITIONAL INFORMATION DATED OCTOBER 31, 1996
The second-to-last sentence of the paragraph under the heading
"RESTRICTED SECURITIES" on page B-7 of the Statement of Additional Information
is deleted and replaced with the following: "The Fixed Income Fund and the
Tennessee Fund will each limit its investment in Section 4(2) securities to not
more than 10% and 5%, respectively, of its total net assets."
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH
THE STATEMENT OF ADDITIONAL INFORMATION
FOR FUTURE REFERENCE
