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Rule 497(e)
File No.: 811-6082
THE RIVERFRONT FUNDS, INC.
THE RIVERFRONT FLEXIBLE GROWTH FUND
SUPPLEMENT DATED APRIL 1, 1996,
TO PROSPECTUS DATED APRIL 28, 1995
Capitalized terms used in this Supplement have the meaning assigned to them
in the Prospectus.
The name of The Winsbury Company Limited Partnership, the Flexible Growth
Fund's distributor and administrator, has changed to BISYS Fund Services Limited
Partnership d/b/a BISYS Fund Services. In addition, the address of the Company
and BISYS Fund Services (formerly Winsbury) has changed to 3435 Stelzer Road,
Columbus, Ohio 43219.
The Investor A Shares table under the heading "FEE TABLE" on page 5 of the
Prospectus is deleted in its entirety and is replaced with the following:
<TABLE>
<CAPTION>
FLEXIBLE GROWTH
INVESTOR A SHARES FUND
----------------
<S> <C>
SHAREHOLDER TRANSACTION EXPENSES
Sales Charge (as a percentage of offering price)(1)................. 4.50%
Estimated Annual Fund Expenses (as a percentage of average net
assets)
Investment Advisory Fees After Voluntary Fee Reduction(2)......... .80%
12b-1 Fees After Voluntary Fee Reduction(2)....................... .19
Other Expenses(3)................................................. .71
----
Estimated Total Fund Operating Expenses After Voluntary
Fee Reductions(2)................................................. 1.70%
====
</TABLE>
Footnote No. 2 to the Investor A Shares table under the heading "FEE TABLE"
on page 5 of the Prospectus is deleted in its entirety and is replaced with the
following:
(2) Provident and JIR have each agreed to reduce voluntarily the amount
of the investment advisory fee for the current fiscal year. Absent
such voluntary fee reduction, Investment Advisory Fees would be
.90%. The Distributor has agreed with the Company to reduce
voluntarily the amount of its 12b-1 fees under the Investor A Plan,
as described below, for the current fiscal year. Absent such
voluntary fee reduction, 12b-1 Fees would be .25%.
The Investor B Shares table under the heading "FEE TABLE" on page 6 of the
Prospectus is deleted in its entirety and is replaced with the following:
<TABLE>
<CAPTION>
FLEXIBLE GROWTH
INVESTOR B SHARES FUND
----------------
<S> <C>
SHAREHOLDER TRANSACTION EXPENSES
Deferred Sales Load (as a percentage of original purchase price or
redemption proceeds, as applicable)(1)............................ 4.00%
Estimated Annual Fund Expenses (as a percentage of average net
assets)
Investment Advisory Fees After Voluntary Fee Reduction(2)......... .80%
12b-1 Fee......................................................... 1.00
Other Expenses(3)................................................. .71
----
Estimated Total Fund Operating Expenses After Voluntary
Fee Reductions(2)................................................. 2.51%
====
</TABLE>
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Footnote No. 2 to the Investor B Shares table under the heading "FEE TABLE"
on page 6 of the Prospectus is deleted in its entirety and is replaced with the
following:
(2) Provident and JIR have each agreed to reduce voluntarily the amount
of the investment advisory fee for the current fiscal year. Absent
such voluntary fee reduction, Investment Advisory Fees would be
.90%.
The Example on page 6 of the Prospectus is deleted in its entirety and is
replaced with the following:
EXAMPLE(4)
You would pay the following expenses on a $1,000 investment, assuming (1)
5% annual return and (2) redemption at the end of each period:
<TABLE>
<CAPTION>
INVESTOR A INVESTOR B
SHARES SHARES
---------- ----------
<S> <C> <C>
One Year................................................ $ 62 $ 65
Three Years............................................. $ 96 $118
</TABLE>
With respect to the Investor B shares, you would pay the following expenses
on the same investment assuming no redemption:
<TABLE>
<S> <C>
One Year................................................... $ 25
Three Years................................................ $ 78
</TABLE>
The following sentence is added at the end of the last paragraph on page 6
of the Prospectus: "The above tables and examples reflect current fees."
In the first paragraph under the heading "WAIVER OF SALES CHARGES" on page
18 of the Prospectus, the word "and" before "(8)" in the fourteenth line is
deleted and the following is added between "the Distributor" and the period on
the last line: "(9) persons investing directly through the Distributor pursuant
to a Systematic Investment Plan; and (10) persons investing directly through a
discount brokerage firm which has entered into a Dealer Agreement with the
Distributor."
This Prospectus Supplement supersedes in its entirety the Prospectus
Supplement dated November 10, 1995.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH
THE PROSPECTUS FOR FUTURE REFERENCE
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