SUPPLEMENT DATED OCTOBER 12,1999
TO
PROSPECTUS DATED MAY 3, 1999
The Prospectus for the Timothy Plan Family of Funds, dated May 3, 1999, is
supplemented as follows:
On page six (6) of the Prospectus, the Subsection "Opening and Adding To Your
Account", under the general Section "Investing In The Funds", is amended to
read:
INVESTING IN THE FUNDS
OPENING AND ADDING TO YOUR ACCOUNT
You can invest directly in each Fund in a number of ways. Simply choose the one
that is most convenient for you. Any questions you may have can be answered by
calling 1-800-662-0201. You may also purchase Fund shares through authorized
broker/dealers or other financial organizations.
Payments for Fund shares should be in U.S. dollars, and in order to avoid fees
and delays, should be drawn on a U.S. bank. Please remember that the Trust
reserves the right to reject any purchase order for Fund shares. The minimum
initial investment amount for each Fund, in any Class of shares, is $1000.00 for
regular accounts. There is no minimum purchase requirement for additional
purchases, and there is no minimum purchase requirement for qualified retirement
plans.
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TO OPEN AN ACCOUNT TO ADD TO ACCOUNT
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BY MAIL: Complete an Account Registration Form, make a check payable to Make your check payable to the
the Fund of your choice and mail the form via Post Office or Fund of your choice and mail it to
overnight courier to: the address at left. Please
include your account number and
Unified Fund Services, Inc. share class on your check. Or use
431 North Pennsylvania Street the convenient form attached to
Indianapolis, Indiana 46204 your regular Fund statement.
BY WIRE: First call the Trust's Transfer Agent at 1-800-662-0201 to Ask your bank to wire immediately
request an account number and to furnish the Trust with your available funds to the location
taxpayer identification number. described at the left, except that
the wire should note that it is to
Ask your bank to wire funds to Account of: make subsequent purchase rather
Firstar Bank, N.A. than to open a new account.
Cinti/Trust ABA#: 0420-0001-3
Credit: The Timothy Plan
Account #: 488889866 (Small-Cap Value Fund) Include your name and number, and
821602174 (Large/Mid-Cap Value Fund) Fund account the Class of shares
821602182 (Fixed Income Fund) to be purchased.
821602208 (Money Market Fund)
Further Credit: The (Name) Fund.
Choose the account number that corresponds to the Fund you wish
to purchase. The wire should state that the purchase is in your
name(s) and state the Class of shares to be purchased. The wire
should also state that you are opening a new Fund account.
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The Timothy Plan wants you to be kept current regarding the status of your
account in the Fund. To assist you, the following statements and reports will be
sent to you:
Confirmation Statements: After every transaction that affects your account
balance or your account registration.
Account Statements: Quarterly.
Financial Reports: Semi-annually -- to reduce Fund expenses, only one
copy of the Fund report will be mailed to each
taxpayer identification number even if you have
more than one account in the Fund.
On page seven (7) of the Prospectus, the Subsection entitled "Exemptions from
sales charges", under the general Section "Investing In The Funds", is amended
as follows:
EXEMPTIONS FROM SALES CHARGES
Class A shareholders who purchased their shares on or before September 22, 1997
are not subject to sales charges on future purchases of Class A shares of any
Timothy Plan Fund, including exchanges. Also, the Trust will waive sales charges
on purchases of Class A Shares by:
1. fee-based registered investment advisers for their clients,
2. broker/dealers with wrap fee accounts,
3. registered investment advisers or brokers for their own accounts,
4. directors, officers, agents employees and employee related accounts of any
entity which provides services to the Timothy Plan pursuant to a written
agreement for such services approved by the Board of Trustees of the
Timothy Plan, and
5. for an organization's retirement plan that places either (i) 200 or more
participants or (ii) $300,000 or more of combined participant initial
assets into the Funds.
The Trust may also, at its sole discretion, waive sales charges on purchases of
Class A Shares by:
1. religious organizations for themselves or their members,
2. religiously-based charitable organizations and foundations for themselves
or their members, and/or
3. at times and under circumstances deemed appropriate by the Trust.
For purchasers that qualify for fee waivers, shares will be purchased at net
asset value.
ALL PORTIONS OF THE PROSPECTUS NOT SPECIFICALLY AMENDED BY THIS SUPPLEMENT
REMAIN IN FULL FORCE AND EFFECT.
PLEASE NOTE: Residents of ME, MD, MA, NH, NM, and VT may only purchase Class A
and Class B shares of the Small-Cap Value Fund. The Timothy Plan has not
registered any new fund or class of shares in these states, and this prospectus
is not, and shall not be considered a solicitation to sell or an invitation to
purchase any of these funds or class of shares in the above-listed states.