REMBRANDT FUNDS
497, 1996-06-14
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                              Rembrandt Funds(R)

                           Global Fixed Income Fund


                       Supplement dated June 14, 1996 to
                        Prospectus dated April 30, 1996

This Supplement provides new and additional information beyond that contained
in the Prospectus and should be retained and read in conjunction with such 
Prospectus.

      Effective June 1996, the Portfolio Manager for the Global Fixed Income
Fund is Mr. Rogier Crijns. The fifth paragraph on page 37 under the heading "The
Sub-Advisor" of the prospectus should be replaced with the following:

          Mr. Rogier Crijns, an officer of the Sub-Advisor, has served as
      portfolio manager for the Global Fixed Income Fund since June 1996.  Mr.
      Crijns has worked as a portfolio manager since 1985 and has served as a 
      portfolio manager within the ABN AMRO network since 1990.



                      PLEASE RETAIN FOR FUTURE REFERENCE


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