PLEASE FILE THIS PROSPECTUS SUPPLEMENT WITH YOUR RECORDS.
STRONG DOW 30 VALUE FUND
Supplement to the Prospectus dated December 31, 1997
Shares of the Strong Dow 30 Value Fund (the "Fund") purchased after March 1,
1998 will be subject to a 0.50% redemption fee if the shares are held for less
than six (6) months. The Fund is taking this action to protect the long-term
investors in the Fund from the negative effects caused by short-term market
timers. "Market timers" engage in frequent purchases and redemptions that can
disrupt the Fund's investment program and create additional transaction costs
that are borne by all shareholders.
Redemption fees will be paid to the Fund to help offset transaction costs. The
Fund will use the "first-in, first-out" (FIFO) method to determine the
six-month holding period. Under this method, the date of the redemption or
exchange will be compared with the earliest purchase date of shares held in the
account. If this holding period is less than six months, the fee will be
assessed. The fee may apply to shares held through omnibus accounts.
In determining the "six months" the Fund will use the six-month anniversary
date of the transaction. For example, shares purchased on May 1, 1998 will be
subject to the fee if they are redeemed on or prior to October 31, 1998. If
they are redeemed on or after November 1, 1998, they will not be subject to the
fee.
The date of this Prospectus Supplement is February 25, 1998.
