ABN AMRO FUNDS
497, 1999-09-30
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                                 ABN AMRO Funds

                                  Common Shares
                                 Investor Shares

                   Supplement dated September 21, 1999 to the
                          Prospectus dated May 3, 1999

Money Market Funds:  Treasury  Money Market  Fund(US),  Government  Money Market
Fund(US), Money Market Fund(US) and Tax-Exempt Money Market Fund(US)

Bond  Funds:  Fixed  Income  Fund(US),   Intermediate  Government  Fixed  Income
Fund(US),  Tax-Exempt Fixed Income Fund(US) and Limited  Volatility Fixed Income
Fund(US)

Balanced Fund:  Balanced Fund(US)

Stock Funds: Value Fund(US), Growth Fund(US), Small Cap Growth Fund(US) and Real
Estate Fund(US)

International Funds: International Equity Fund(US),  TransEurope Fund(US), Asian
Tigers Fund(US),  Latin America Equity Fund(US) and  International  Fixed Income
Fund(US)


This supplement provides new and additional information beyond that contained in
the  prospectus.  It  should  be  retained  and  read in  conjunction  with  the
prospectus.

Effective immediately,  shares of the Intermediate  Government Fixed Income Fund
will no longer be offered for sale to new  investors.  On November 30, 1999, all
shares of the Fund still  outstanding  will be redeemed in  connection  with the
Fund's termination.



               PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE



ABN-A-028-03



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