SUPPLEMENT DATED JULY 1, 1996 TO
ACCESSOR FUNDS, INC. FIXED-INCOME PORTFOLIOS PROSPECTUS
DATED APRIL 29, 1996
The Prospectus is amended as follows:
1. On page 28, under the heading "Dividends and Distributions" after the
second sentence of the second paragraph the following sentence is added:
"Shareholders of the U.S. Government Money Portfolio who place
purchase orders and wire investment monies that are received prior to
9:00 a.m. Pacific time are deemed "shareholders of record" for that
day's dividend payment and are entitled to dividends and distributions
declared on that day."
2. On page 32, under the heading "Purchase of Portfolio Shares" after the
first sentence of the second paragraph, the following sentences are added:
"If Bennington receives a purchase order for shares of the U.S.
Government Money Portfolio and investment monies are received in wired
funds prior to 9:00 a.m. Pacific time, the shareholder will be entitled
to receive that day's dividend. See "Dividends and Distributions."
Neither the Fund nor the Transfer Agent will be responsible for delays
of wired proceeds due to heavy wire traffic over the Federal Reserve
System."
3. On page 34, under the heading "Redemption of Portfolio Shares" after the
second sentence of the first paragraph, the following sentences are added:
"If Bennington receives a redemption request in good order from a
shareholder of the U.S. Government Money Portfolio by 9:00 a.m. Pacific
time, the shareholder will be entitled to receive redemption proceeds
by wire on the same day. SHAREHOLDERS OF THE U.S. GOVERNMENT MONEY
PORTFOLIO WHO ELECT THIS OPTION SHOULD BE AWARE THAT THEIR ACCOUNT WILL
NOT BE CREDITED WITH THE DAILY DIVIDEND ON THAT DAY. Neither the Fund
nor the Transfer Agent will be responsible for delays of wired proceeds
due to heavy wire traffic over the Federal Reserve System."
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SUPPLEMENT DATED JULY 1, 1996 TO
ACCESSOR FUNDS, INC. STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996
Effective June 21, 1996, James A. Kraft resigned as Director and Vice
President of Accessor Funds, Inc. (the "Fund"). Mr. Kraft also acted as Vice
President of Bennington Capital Management L.P. The information on page B-18
under the heading "MANAGEMENT OF THE FUND" regarding Mr. Kraft is hereby
deleted.
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