M O N A R C H F U N D S
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Treasury Cash Fund
Government Cash Fund
Cash Fund
Supplement Dated January 1, 1999 to
Prospectus Dated January 1, 1999
Forum Financial Services, Inc. will continue to serve as the Funds' distributor
until January 15, 1999. After that date, Forum Fund Services, LLC, also a
registered broker-dealer and member of the National Association of Securities
Dealers, Inc., will serve as distributor of the Funds.