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THE MUNDER FUNDS
SUPPLEMENT DATED MAY 15, 1998
TO PROSPECTUS DATED OCTOBER 29, 1997
THE NETNET FUND
Beginning June 1, 1998, the NetNet Fund will offer two classes of retail
shares. Class A shares will be sold with a front-end sales charge and Class B
shares will be sold at net asset value but will be subject to a contingent
deferred sales charge if the shares are redeemed within 6 years. If you
purchase shares prior to June 1, 1998, your initial and subsequent purchases
will be made without a sales charge. Additionally, beginning June 1, 1998,
the Fund will be available for purchase through select broker/dealers with
whom we have agreements. For additional information please contact us at
1-800-4MUNDER.
