NORWEST SELECT FUNDS
INTERMEDIATE BOND FUND
INCOME EQUITY FUND
VALUGROWTHSM STOCK FUND
SMALL COMPANY STOCK FUND
Supplement Dated January 30, 1998 to
Prospectus Dated May 1, 1997
INTERMEDIATE BOND FUND
The first paragraph on Page 6 of the Prospectus is replaced in its entirety by
the following:
The fixed-income securities purchased by the Fund have various maturities. The
Fund may invest in debt obligations with maturities (or average life in the case
of mortgage-backed, asset-backed and similar securities) ranging from short-term
(including overnight) to 40 years, and it is anticipated that the Fund's
portfolio of securities will have an average dollar-weighted maturity of between
3 and 10 years.