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<PAGE> 1
MMA PRAXIS MUTUAL FUNDS
SUPPLEMENT DATED MAY 3, 1999
TO THE PROSPECTUS DATED MAY 3, 1999
With respect to the references to the MMA Praxis Money Market Fund (the "Money
Market Fund") on pages 29 and 40, as of the date of this supplement, the Money
Market Fund shares are not yet being offered for sale. It is anticipated that
the Money Market Fund shares will be offered for sale on or about July 15, 1999.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THE PROSPECTUS FOR FUTURE REFERENCE
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