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MMA PRAXIS MUTUAL FUNDS
SUPPLEMENT DATED AUGUST 30, 1997
TO THE PROSPECTUS DATED APRIL 1, 1997
Effective August 30, 1997, the dividend payment policy for the MMA Praxis
International Fund has been revised to permit for the declaration and payment of
net investment income twice a year rather than on a quarterly basis.
Accordingly, the disclosure on Page 4 under "Dividends and Capital Gains" and on
Page 33 under "Dividends and Taxes - Dividends" is hereby amended to reflect the
fact that the International Fund intends to declare dividends from net
investment income twice a year and pay such dividends twice a year rather than
on a quarterly basis.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THEIR
PROSPECTUS FOR FUTURE REFERENCE
