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THE MUNDER FUNDS
SUPPLEMENT DATED AUGUST 6, 1998
TO PROSPECTUS DATED JUNE 3, 1998
CLASS K SHARES OF:
MUNDER GROWTH OPPORTUNITIES FUND
INVESTMENT ADVISOR
The first paragraph under "STRUCTURE AND MANAGEMENT OF THE FUND--Who Manages
and Services the Fund?--Investment Advisor" in the Prospectus is hereby
deleted in its entirety and supplemented as follows:
INVESTMENT ADVISOR. The Fund's investment advisor is Munder Capital
Management, a Delaware general partnership with its principal offices at 480
Pierce Street, Birmingham, Michigan 48009. The principal partners of the
Advisor are Old MCM, Inc. ("MCM"), Munder Group LLC and WAM Holdings, Inc.
("WAM"). MCM was founded in February 1985 as a Delaware corporation and was a
registered investment advisor. WAM is an indirect, wholly-owned subsidiary of
Comerica Incorporated which owns or controls approximately 88% of the
partnership interests in the Advisor. As of March 31, 1998, the Advisor and
its affiliates had approximately $50.5 billion in assets under management, of
which $25.4 billion were invested in equity securities, $10.7 billion were
invested in money market or other short-term instruments, $9.5 billion were
invested in other fixed income securities and $4.9 billion in
non-discretionary assets.
SUPGROPK98
