NEWPOINT EQUITY FUND
NEWPOINT GOVERNMENT MONEY MARKET FUND
(A Portfolio of Newpoint Funds)
Supplement to Prospectuses dated January 31, 1997
The following information is a supplement to your prospectuses dated January 31,
1997. We're providing it to advise you of a change in the name of the investment
adviser for the Newpoint Funds. Please note that this change relates only to the
name of the investment adviser. There are no changes in the portfolio management
of the Newpoint Funds.
Effective September 1, 1997, the name of the investment adviser to
Newpoint Funds, "First National Bank of Ohio, N.A." will change to
"FirstMerit Bank, N.A." Accordingly, as of that date, all current
references to "First National Bank of Ohio, N.A." in the prospectuses
will be deemed to refer instead to "FirstMerit Bank, N.A."
September 1, 1997
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Cusip 651722209
Cusip 735686107
G00942-02 (9/97)
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