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THE ONE GROUP(R) INVESTMENT TRUST
Supplement dated September 23, 1998
To Prospectus dated May 1, 1998
GOVERNMENT BOND FUND
ASSET ALLOCATION FUND
GROWTH OPPORTUNITIES FUND
LARGE COMPANY GROWTH FUND
EQUITY INDEX FUND
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The One Group Investment Trust Equity Index Fund will now be managed by a team
of portfolio managers, research analysts and other investment management
professionals. Each team member makes recommendations about the securities in
the Fund. The research analyst provide in-depth industry analysis and
recommendations, while the portfolio managers determine strategy, industry
weightings, Fund holdings and cash positions.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE PROSPECTUS
FOR FUTURE REFERENCE