The Munder Funds
Supplement Dated January 2, 1997
to Prospectus Dated October 28, 1996
Class A, B & C Shares of:
Munder Cash Investment Fund, Munder Money Market Fund, Munder Tax-
Free Money Market Fund and U.S. Treasury Money Market Fund (the
"Prospectus")
CHANGE IN DIVIDEND DETERMINATION TIME WITH RESPECT TO MUNDER CASH
INVESTMENT FUND, MUNDER MONEY MARKET FUND AND MUNDER U.S. TREASURY
MONEY MARKET FUND
(THE "FUNDS")
Shares will be credited to a shareholder's account at the net
asset value next computed after both (i) an order is received by
the Funds' distributor, Funds Distributor, Inc., or a dealer and
(ii) payment has been received by the Funds' transfer agent, First
Data Investor Services Group, Inc.
Effective January 2, 1997, shareholders of the Funds whose
purchase orders and payment are received by 2:45 p.m. (Eastern
Time) on any day on which the New York Stock Exchange is open for
business (a "Business Day") receive dividends for that day.
Shareholders whose redemption orders have been received by 2:45
p.m. (Eastern Time) on a Business Day will not receive dividends
for that day, while shareholders whose redemption orders are
received after 2:45 p.m. (Eastern Time) on a Business Day will
receive that day's dividends.
The above-stated dividend determination time with respect to
redemptions is also applicable with respect to expedited
redemption orders received by telephone. Please refer to the
section entitled "Expedited Redemption" on page 18 of the
Prospectus for additional information relating to the expedited
method of redemption.
shared/bankgrp/munder/stickers/mmabcstk
