BRENTON MUTUAL FUNDS
Brenton Value Equity Fund
Brenton Intermediate U.S. Government Securities Fund
Brenton U.S. Government Money Market Fund
Supplement Dated January 1, 2000 to the Prospectus dated August 1, 1999
1. The following information supplements the disclosure concerning the Brenton
U.S. Government Money Market Fund (the "Money Market Fund") in the Prospectus,
as follows:
As of January 1, 2000, Brenton Bank (the "Adviser") will assume full
investment management responsibilities for the Money Market Fund and the Adviser
will no longer utilize the services of Northern Trust Company as sub-investment
adviser for that Fund. As of that date, Northern Trust Company will cease
providing sub-investment advisory services to the Fund and the Adviser will be
responsible for the day-to-day management of the Money Market Fund's portfolio.
Accordingly, the information contained on Page 26 of the Prospectus
regarding the Sub-Adviser is superceded by the foregoing information.
2. The following sentence is added as number (6) to the section entitled "Sales
Charge Waivers" on Page 23:
Investors who buy shares pursuant to a wrap-fee program offered by a
brokerdealer or other financial institution.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
BRENTON MUTUAL FUNDS
Brenton U.S. Government Money Market Fund
Supplement Dated January 1, 2000 to the Prospectus dated August 1, 1999
The following information supplements the disclosure concerning the Brenton U.S.
Government Money Market Fund (the "Money Market Fund") in the Prospectus, as
follows:
As of January 1, 2000, Brenton Bank (the "Adviser") will assume full
investment management responsibilities for the Money Market Fund and the Adviser
will no longer utilize the services of Northern Trust Company as sub-investment
adviser for that Fund. As of that date, Northern Trust Company will cease
providing sub-investment advisory services to the Fund and the Adviser will be
responsible for the day-to-day management of the Money Market Fund's portfolio.
Accordingly, the information contained on Page 15 of the Prospectus
regarding the Sub-Adviser is superceded by the foregoing information.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
BRENTON MUTUAL FUNDS
Brenton Value Equity Fund
Brenton Intermediate U.S. Government Securities Fund
Brenton U.S. Government Money Market Fund
Supplement Dated January 1, 2000 to the
Statement of Additional Information dated August 1, 1999
The following information supplements the disclosure concerning the Brenton U.S.
Government Money Market Fund (the "Money Market Fund") in the Statement of
Additional Information, as follows:
As of January 1, 2000, Brenton Bank (the "Adviser") will assume full
investment management responsibilities for the Money Market Fund and the Adviser
will no longer utilize the services of Northern Trust Company as sub-investment
adviser for that Fund. As of that date, Northern Trust Company will cease
providing sub-investment advisory services to the Fund and the Adviser will be
responsible for the day-to-day management of the Money Market Fund's portfolio.
Accordingly, the information contained on Page 21 of the Statement of
Additional Information regarding the Sub-Adviser is superceded by the foregoing
information.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
