Rule 497(e)
Reg. No. 33-45437
File No. 811-6549
AMERICA'S UTILITY FUND, INC.
Prospectus Supplement
to the Prospectus dated May 24, 1996
Mentor Investment Advisors, LLC ("Mentor Advisors") acts as investment
adviser of the Fund. Mentor Advisors is a wholly owned subsidiary of Mentor
Investment Group, LLC. Mentor Advisors, along with its affiliates,
serves as investment adviser to twenty-one separate investment
portfolios in the Mentor Family of Funds.
November 1, 1996
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Rule 497(e)
Reg. No. 33-45437
File No. 811-6549
AMERICA'S UTILITY FUND, INC.
Supplement to the Statement of Additional Information
dated May 24, 1996
Mentor Investment Advisors, LLC ("Mentor Advisors") acts as
investment adviser of the Fund. Mentor Advisors is a wholly owned subsidiary
of Mentor Investment Group, LLC ("Mentor Investment Group"), which in turn
is a subsidiary of Wheat First Butcher Singer, Inc. Mentor Investment
Group serves as the administrator to the Fund.
November 1, 1996
