MARQUIS FUNDS
497, 1997-11-25
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MARQUIS FUNDS-REGISTERED TRADEMARK-
 
                       SUPPLEMENT DATED NOVEMBER 25, 1997
   TO THE PROSPECTUSES DATED JANUARY 28, 1997, AS SUPPLEMENTED MARCH 4, 1997
 
The Prospectuses, dated January 28, 1997, as supplemented March 4, 1997, are
hereby amended and supplemented as follows:
 
At the end of the section entitled "THE ADVISER", add the following paragraph:
 
    On October 20, 1997, First Commerce Corporation ("First Commerce"), the
    parent of First National Bank of Commerce in New Orleans ("First NBC"), the
    Funds' investment adviser, and BANC ONE CORPORATION ("BANC ONE"), the parent
    of Bank One, Louisiana ("Bank One"), announced that they have signed a
    definitive agreement for the merger of First Commerce with BANC ONE
    CORPORATION. Subject to certain conditions being met, it is currently
    anticipated that First Commerce will merge with Bank One at the end of May
    1998.
 
                              -------------------
 
               PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
 
MRQ-G-001-01


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