AMCORE Vintage Mutual Funds
AMCORE Vintage U.S. Government Obligations Fund
AMCORE Vintage Fixed Income Fund
AMCORE Vintage Intermediate Tax-Free Fund
AMCORE Vintage Equity Fund
AMCORE Vintage Balanced Fund
AMCORE Vintage Aggressive Growth Fund
AMCORE Vintage Fixed Total Return Fund
Supplement dated October 18, 1996 to
Prospectus dated May 1, 1996
The Prospectus is hereby supplemented as follows:
1. As of September 30, 1996, the investment adviser to the
AMCORE Vintage Mutual Funds (the "Funds"), AMCORE Capital
Management, Inc. (the "Adviser"), was acquired from AMCORE Bank
N.A. Rockford (the "Old Parent") by AMCORE Investment Group N.A.
(the "New Parent"). The New Parent, like the Old Parent, is a
wholly owned subsidiary of AMCORE Financial, Inc., a registered
bank holding company. This transaction was carried out solely to
effectuate a corporate reorganization among certain of the
subsidiaries of AMCORE Financial, Inc. and no change in either
the operations or management of the Funds is contemplated as a
result of the transaction.
2. The Fixed Total Return Fund and the fixed portion of
the Balanced Fund will invest substantially all, but in no event
less than 75% of the value of its total assets in fixed income
securities with stated or remaining maturities of 15 years or
less or securities with a stated or remaining maturity in excess
of 15 years if such securities have an unconditional put or sell
or redeem the security within 15 years from the date of purchase.
While this does not represent a change in the fund's investment
policy, it clarifies the circumstance in which the fund may hold
fixed income securities with a remaining maturity of 15 years or
more.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE
PROSPECTUS FOR FUTURE REFERENCE
