RULE 497(E)
FILE NOS. 33-58004
AND 811-7474
BOSTON 1784 FUNDS
BOSTON 1784 ASSET ALLOCATION FUND
SUPPLEMENT DATED OCTOBER 1, 1997
TO
PROSPECTUS DATED OCTOBER 1, 1997
The paragraph under the heading "Management" for the "Boston 1784 Asset
Allocation Fund" on page 17 of the Prospectus is hereby amended by adding the
following at the end of such paragraph:
Effective October 5, 1997, Michael Pelosi, Senior Fund
Manager, will replace Mr. Clausen and will co-manage the
Fund with Mr. Wright. Mr. Pelosi, who has more than fifteen
years of experience in investment management, research
analysis and securities trading at BankBoston, has been a
Portfolio Manager since 1988.