TRIUMPH FUNDS INC
497, 1996-12-11
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                            TRIUMPH FUNDS, INC.
                           ASSET ALLOCATION FUND
                PROSPECTUS SUPPLEMENT DATED DECEMBER 12, 1996



The following table replaces the example fee table located on
page 4 of the prospectus.

     1 Year         3 Years        5 Years        10 Years
     ------         -------        -------        --------

     $239           $529           $730           $1,000



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