- -Supplement Dated February 29, 1996
to Prospectus Dated October 28, 1995
Class A, B and C Shares of:
Munder Bond Fund, Munder Intermediate Bond Fund, Munder U.S. Government
Income Fund,
Munder Michigan Triple Tax-Free Bond Fund, Munder Tax-Free Bond Fund and
Munder Tax-Free Intermediate Bond Fund
The following supplements the Prospectus dated October 28, 1995 relating
to Class A, B and C Shares of the Munder Bond Fund, Munder
Intermediate Bond Fund, Munder U.S. Government Income Fund,
Munder Michigan Triple Tax-Free Bond Fund, Munder Tax-Free Bond Fund
and Munder Tax-Free Intermediate Bond Fund (the "Prospectus"):
HOW TO PURCHASE SHARES
Sales Charge Waivers - Class A Shares
Upon notice to the Transfer Agent at the time of purchase, the
initial sales charge will be waived on sales of Class A Shares
to the following types of purchasers: (1) individuals with an
investment account or relationship with the Advisor; (2)
full-time employees and retired employees of the Advisor,
employees of the Fund's Administrator, Distributor and Custodian,
and immediate family members of such persons; (3) registered
broker-dealers that have entered into selling agreements with the
Distributor, fo
full-time employees (and their families) that certify to the
Distributor at the time of purchase that such purchase is for their
own account (or for the benefit of their families); (4) certain
qualified employee benefit plans as defined below; and (5)
financial institutions, financial planners or employee benefit plan
consultants acting for the accounts of their clients.
Sales charges will be waived for individuals who purchase Class A
Shares with the proceeds of distributions from qualified
retirement plans for which Munder Capital Management serves as
investment advisor.
Qualified Employer Sponsored Retirement Plans
Upon notice to the Transfer Agent at the time of purchase, the
initial sales charge will be waived on purchases by employer
sponsored retirement plans which are qualified under Section
401(a) of the Internal Revenue Code of 1986, as amended, including:
401(k) plans, defined benefit pension plans, profit-sharing pension
plans, money-purchase pension plans; and Section 457
deferred compensation plans and Section 403(b) plans
(each, a "Qualified Employee Benefit Plan") that
(1) invest $1,000,000 or more in C
er Funds Inc. or (2) have at least 75 eligible plan participants.
In addition, the contingent deferred sales charge of 1% imposed
on certain redemptions within one year of purchase will be waived
for Qualified Employee Benefit Plan purchases that meet the above
criteria. A 1% commission will be paid by the Distributor to
dealers who initiate and are responsible for Qualified Employee
Benefit Plan purchases that meet the above criteria.
For purposes of the foregoing sales charge waiver, Simplified Employe
mployee Benefit Plans.
shared/bankgrp/munder/parta/edgsuppi
