MARQUIS FUNDS
497, 1998-03-04
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MARQUIS FUNDS-REGISTERED TRADEMARK-
 
                 -  GOVERNMENT SECURITIES FUND
 
                 -  STRATEGIC INCOME BOND FUND
 
                 -  LOUISIANA TAX-FREE INCOME FUND
 
                 -  BALANCED FUND
 
                 -  VALUE EQUITY FUND
 
                 -  GROWTH EQUITY FUND
 
                 -  SMALL CAP EQUITY FUND
 
                 -  INTERNATIONAL EQUITY FUND
 
      SUPPLEMENT DATED MARCH 4, 1998 TO PROSPECTUS DATED FEBRUARY 1, 1998
 
From March 16, 1998 through April 15, 1998, purchases of Class A shares of the
LOUISIANA TAX-FREE INCOME FUND (the "Fund") will not be subject to a sales
charge.
 
Effective April 16, 1998, the front-end sales charge normally imposed on Class A
shares of the Fund (3.50% for purchases of less than $100,000) will be
reinstated.
 
                              -------------------
 
               PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
 
MRQ -F-022-01


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