% Crop Marks
.5 setlinewidth
/markl 9 def
/whitel 4 def
/top 72 def
/bottom 122 def
/left 45 def
/right 45 def
%horizontals
left markl sub whitel sub wp$y wp$top sub moveto markl 0 rlineto
wp$x right sub left sub whitel 2 mul add 0 rmoveto markl 0
rlineto
left markl sub whitel sub bottom moveto markl 0 rlineto
wp$x right sub left sub whitel 2 mul add 0 rmoveto markl 0
rlineto
%verticals
left bottom markl sub whitel sub moveto 0 markl rlineto
0 wp$y wp$top sub bottom sub whitel 2 mul add rmoveto 0 markl
rlineto
wp$x right sub bottom markl sub whitel sub moveto 0 markl
rlineto
0 wp$y wp$top sub bottom sub whitel 2 mul add rmoveto 0 markl
rlineto
stroke
RIMCO Monument Funds
Supplement to the Combined Prospectus dated June 30, 1994
Please delete the third paragraph of the subsection entitled
"Adviser's Background " on page 21 and replace it with the
following information:
William B. Wivel is a Director of RIMCO and is jointly responsible for
fixed- income strategy and management with Bruce K. Holmquist. Mr. Wivel's
thirty years of investment experience is varied and
includes positions as Equity Analyst for E. I. duPont de
Nemours, Portfolio Manager for Chase Manhattan Bank, as
well as a Senior Bond Manager for Riggs National Bank.
Most recently, he has managed the large fixed-income
institutional accounts for RIMCO. Mr. Wivel earned his
B.A. in Economics from Gettysburg College and attended the
Graduate Business School of New York University.
Bruce K. Holmquist is also a Director of RIMCO. Prior to joining
RIMCO in 1991, Mr. Holmquist worked as a Portfolio Manager for high networth
clients of the Trust Department of Riggs National Bank,
having joined Riggs in 1989. Before coming to Riggs
National Bank, from 1983 to 1988, Mr. Holmquist was a
principal of Smith Holmquist, Inc., a registered investment
adviser specializing in balanced accounts. Mr. Holmquist
earned a B.A. in Psychology and Philosophy from the
University of Vermont and did his graduate work in
Philosophy at the University of Minnesota.
Together, Mr. Wivel and Mr. Holmquist have co-managed the RIMCO
Monument Bond Fund since July 25, 1994.
August 10, 1994
FEDERATED SECURITIES CORP.
Distributor
G00542-01(8/94)
