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                            PERFORMANCE FUNDS TRUST
 
                     THE SHORT TERM GOVERNMENT INCOME FUND
                  THE INTERMEDIATE TERM GOVERNMENT INCOME FUND
                                THE EQUITY FUND
                            THE MID CAP GROWTH FUND
 
     Supplement dated December 15, 1995 to Consumer Service Class Prospectuses
dated September 29, 1995 and related Statements of Additional Information.
 
     The following Supplement is provided to update and should be read in
conjunction with the information provided in the Prospectuses and related
Statements of Additional Information.
 
     Effective December 15, 1995, and until further notice, the sales load for
the Consumer Service Class of each of the above-mentioned Funds will be
eliminated.
 
December 15, 1995



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