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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 January 3, 1997 to
Statement of Additional Information dated May 1, 1996
The Statement of Additional Information is hereby supplemented as follows:
1. The following information is added to Page 19 under the Section
"ADDITIONAL PURCHASE AND REDEMPTION INFORMATION":
Purchases In-kind
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Share of the Funds may be purchased by means of "in-kind" securities
transactions pursuant to which securities, rather than cash, may be accepted as
payment for Fund shares if prior approval is received from the Distributor.
Securities used to purchase Fund shares must be appropriate investments for the
particular Fund involved, consistent with its investment objective, policies and
limitations, and must have readily available market quotations. The securities
will be valued in accordance with each Fund's policy for calculating net asset
value, determined as of the close of business on the day on which the securities
are received in salable form. A shareholder or prospective shareholder should
contact the Funds at (800) 438-6375 in order to receive the necessary approval
to engage in such a transaction. Affiliated persons of the Funds may not
purchase shares in this manner in the absence of SEC approval.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
FOR FUTURE REFERENCE