ACCOLADE FUNDS
497, 1995-11-14
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For Additional Information Contact:                            Johanna Thornblad
                                                   Vice President Communications
                                                                  (210) 308-1237
                                                                              or
                                                               Stephanie Linkous
                                         Assistant Vice President Communications
                                                                  (210) 308-1214

                               MEDIA ANNOUNCEMENT

           UNITED SERVICES HOSTS EVENING WITH TOP GROWTH FUND MANAGER

San Antonio,  Texas -- November 14, 1995. Louis Rukeyser called him the "world's
most  sought-after  free agent" in LOUIS RUKEYSER'S  MUTUAL FUNDS newsletter and
he's  coming  to San  Antonio  to  celebrate  the  one-year  anniversary  of his
highly-regarded  Bonnel Growth Fund at the Cadillac Bar & Restaurant on November
15 at 5:30 p.m.

Mr. Bonnel is inviting  local  shareholders,  investors,  Mayor Thornton and the
business  community of San Antonio to share in the celebration while at the same
time learn more about picking quality growth stocks.

Art Bonnel will give a brief presentation on his investment philosophy and share
the simple  formula that earned the Bonnel Growth Fund a stunning  annual return
of 44.83%* during its first year on the market.

The Fund continues to receive praise from industry experts and recently appeared
in the WALL STREET  JOURNAL'S  "Mutual Fund  Scorecard"  as the number five fund
among 93 funds in the mid-cap fund  category.**  MUTUAL FUNDS MAGAZINE has named
it one of its "Top Ten Funds for 1996."

Please join us in the celebration!

                                      # # #

           FOR A FREE PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
                        INCLUDING CHARGES AND EXPENSES,
                              CALL 1-800-4-BONNEL.
             PLEASE READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
                INVESTMENT RETURNS AND PRINCIPAL VALUE MAY VARY,
             AND YOU MAY HAVE A GAIN OR LOSS WHEN YOU SELL SHARES.
              PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

                   *FOR THE PERIOD 10-17-94 THROUGH 10-17-95

                  ** SOURCE: LIPPER ANALYTICAL SERVICES, INC.


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