FILED PURSUANT TO RULE 497(e)
REGISTRATION RULE NO. 33-34080
November 20, 1995
THE INFINITY MUTUAL FUNDS, INC.
ValueStar Funds
SHORT-INTERMEDIATE DURATION BOND PORTFOLIO
TENNESSEE TAX EXEMPT BOND PORTFOLIO
Investor Shares
Supplement to Prospectus Dated May 1, 1995
As of the close of business on November 20, 1995, BISYS
Fund Services, Inc. an affiliate of the Administrator, located at
3435 Stelzer Road, Columbus, Ohio 43219 (the "Transfer Agent"),
became the Fund's Transfer and Dividend Disbursing Agent. As a
result, immediately thereafter certain important procedures
changed. You should read and retain this Prospectus Supplement as
this information supersedes any contrary information contained in
the Portfolios' Prospectus. Except as indicated below, all other
procedures described in the Prospectus will remain in effect.
A. TELEPHONE NUMBERS
The telephone number 1-800-824-3741, which shareholders
may call for opening an account and other Fund services, has been
changed to 1-800-852-0045.
B. PURCHASES
1. For written orders, you may send your initial or
subsequent purchase order, together with the Fund's Account
Application (which may be obtained by calling 1-800-852-0045) for
initial orders and your check or money order payable to: The
ValueStar Funds (Portfolio Name), to The ValueStar Funds, c/o BISYS
Fund Services, Inc., Department L-1686, Columbus, Ohio 43260-1686.
For subsequent investments, your Fund account number should appear
on the check or money order. The first and second sentences in the
fourth paragraph under the caption "How to Buy Shares--General" are
deleted.
2. For wire orders, and for information on purchasing
through the Automated Clearing House, you must call the Transfer
Agent at 1-800-852-0045. The first and second sentences in the
fifth paragraph and the second and third sentences in the sixth
paragraph under the caption "How to Buy Shares--General" are
deleted.
3. The fourth and fifth sentences in the first
paragraph under the caption "How to Buy Shares--General" are
deleted.
C. REDEMPTIONS
1. Written requests for redemption should be mailed to
The ValueStar Funds, c/o BISYS Fund Services, Inc., Department L-
1686, Columbus, Ohio 43260-1686.
2. The last sentence under the caption "How to Redeem
Shares--Procedures--Wire Redemption Privilege" is deleted.
D. SHAREHOLDER PRIVILEGES
1. To use the Exchange Privilege, you or your Service
Organization acting on your behalf must give exchange instructions
to the Transfer Agent in writing or by telephone, or in accordance
with the instructions pertaining to your account at the Adviser or
its affiliates. The first sentence in the second paragraph under
the caption "Shareholder Privileges--Exchange Privilege" is
deleted.
2. You may cancel your participation in the Automatic
Investment Plan or change the amount of purchase at any time by
mailing written notification to The ValueStar Funds, c/o BISYS Fund
Services, Inc., Department L-1686, Columbus, Ohio 43260-1686, and
such notification will be effective three business days following
receipt. The seventh sentence under the caption "Shareholder
Privileges--Automatic Investment Plan" is deleted.
<PAGE>
FILED PURSUANT TO RULE 497(e)
REGISTRATION RULE NO. 33-34080
November 20, 1995
THE INFINITY MUTUAL FUNDS, INC.
ValueStar Funds
PRIME MONEY MARKET PORTFOLIO
U.S. TREASURY MONEY MARKET PORTFOLIO
Investor Shares
Supplement to Prospectus Dated May 1, 1995
As of the close of business on November 20, 1995, BISYS
Fund Services, Inc. an affiliate of the Administrator, located at
3435 Stelzer Road, Columbus, Ohio 43219 (the "Transfer Agent"),
became the Fund's Transfer and Dividend Disbursing Agent. As a
result, immediately thereafter certain important procedures
changed. You should read and retain this Prospectus Supplement as
this information supersedes any contrary information contained in
the Portfolios' Prospectus. Except as indicated below, all other
procedures described in the Prospectus will remain in effect.
E. TELEPHONE NUMBERS
The telephone number 1-800-824-3741, which shareholders
may call for opening an account and other Fund services, has been
changed to 1-800-852-0045.
F. PURCHASES
1. For written orders, you may send your initial or
subsequent purchase order, together with the Fund's Account
Application (which may be obtained by calling 1-800-852-0045) for
initial orders and your check or money order payable to: The
ValueStar Funds (Portfolio Name), to The ValueStar Funds, c/o BISYS
Fund Services, Inc., Department L-1686, Columbus, Ohio 43260-1686.
For subsequent investments, your Fund account number should appear
on the check or money order. The first and second sentences under
the caption "How to Buy Shares--Procedures--Written Orders" are
deleted.
2. For wire orders, and for information on purchasing
through the Automated Clearing House, you must call the Transfer
Agent at 1-800-852-0045. The first and second sentences in the
first paragraph and the second and third sentences in the second
paragraph under the caption "How to Buy Shares--Procedures--Wire
Orders" are deleted.
3. The fourth and fifth sentences in the first
paragraph under the caption "How to Buy Shares--General" are
deleted.
G. REDEMPTIONS
1. Written requests for redemption should be mailed to
The ValueStar Funds, c/o BISYS Fund Services, Inc., Department L-
1686, Columbus, Ohio 43260-1686.
2. The last sentence under the caption "How to Redeem
Shares--Procedures--Wire Redemption Privilege" is deleted.
H. SHAREHOLDER PRIVILEGES
1. To use the Exchange Privilege, you or your Service
Organization acting on your behalf must give exchange instructions
to the Transfer Agent in writing or by telephone, or in accordance
with the instructions pertaining to your account at the Adviser or
its affiliates. The first sentence in the second paragraph under
the caption "Shareholder Privileges--Exchange Privilege" is
deleted.
2. You may cancel your participation in the Automatic
Investment Plan or change the amount of purchase at any time by
mailing written notification to The ValueStar Funds, c/o BISYS Fund
Services, Inc., Department L-1686, Columbus, Ohio 43260-1686, and
such notification will be effective three business days following
receipt. The seventh sentence under the caption "Shareholder
Privileges--Automatic Investment Plan" is deleted.
