MAPLEWOOD INVESTMENT TRUST /MA/
497, 1997-10-31
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                                                            October 31, 1997


                           REGIONAL OPPORTUNITY FUND:
                             Ohio, Indiana, Kentucky


                   Supplement to Prospectus Dated July 1, 1997


         Class  A  shares  of the  Regional  Opportunity  Fund:  Ohio,  Indiana,
Kentucky (the "Fund") are no longer available for sale.  Effective  immediately,
all purchases of shares of the Fund are for the purchase of Class B shares.













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