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Brenton U.S. Government Money Market Fund
Brenton Intermediate U.S. Government Securities Fund
Brenton Intermediate Tax-Free Fund
Brenton Value Equity Fund
Supplement dated March 25, 1997 to
Prospectus dated July 31, 1996
The Prospectus is hereby amended as follows:
1. Shares of the Brenton Intermediate Tax-Free Fund are no longer being
offered. The Board of Trustees recently approved the liquidation of the
Fund, which is to be completed on or before March 31, 1997. Accordingly,
shares of the Fund are no longer available under the "Exchange Privilege"
described on page 22 of the Prospectus.
2. The disclosure on page 28 of the Prospectus under "Management of the
Group-Investment Adviser," is hereby amended to reflect that Mr. Charles N.
Fund now serves as sole portfolio manager of the Brenton Intermediate U.S.
Government Securities Fund with primary responsibility for the day-to-day
management of that Fund's portfolio. Messrs. Muenzenmay and Richards will
continue to serve jointly as portfolio managers of the Brenton Value Equity
Fund. Mr. Funk holds a B.S. degree in Business Administration and Accounting
from William Jewell College. Mr. Funk joined the Bank in December 1991.
Since that time, Mr. Funk has served as chief investment officer with the
Bank where he has been engaged in various investment management activities.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE
PROSPECTUS FOR FUTURE REFERENCE
