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FOUNTAIN SQUARE FUNDS
Investment A Shares
Investment C Shares
Fountain Square U.S. Government Securities Fund Fountain Square Mid Cap Fund
Fountain Square Quality Bond Fund Fountain Square Balanced Fund
Fountain Square Ohio Tax Free Bond Fund Fountain Square International
Fountain Square Quality Growth Fund Equity Fund
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Supplement Dated July 1, 1996
to Prospectus Dated April 19, 1996
Your prospectus has been amended to provide that shareholders who have
a One Account Platinum through Fifth Third Bank will be eligible for a reduced
sales charge on their purchase of Investment A Shares. The first paragraph of
the section of the prospectus entitled "INVESTING IN INVESTMENT A SHARES --
FIFTH THIRD BANK CLUB 53, ONE ACCOUNT PLUS, ONE ACCOUNT GOLD OR ONE ACCOUNT
ADVANTAGE PROGRAMS" has been revised to read as follows:
FIFTH THIRD BANK CLUB 53, ONE ACCOUNT PLUS, ONE
ACCOUNT GOLD, ONE ACCOUNT ADVANTAGE OR ONE ACCOUNT
PLATINUM PROGRAMS. All shareholders who have a
Club 53 Account, One Account Plus, One Account Gold,
One Account Advantage, or One Account Platinum
through Fifth Third Bank are eligible for a reduced
sales charge on the purchase of Investment A Shares
of the Funds. Shareholders should consult their
local Fifth Third Banking Center or Fifth Third
Securities Representative for details.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THEIR PROSPECTUS FOR FUTURE REFERENCE
