LKCM FUNDLKCM SMALL CAP EQUITY PORTFOLIO LKCM EQUITY PORTFOLIO
Supplement Dated August 28, 1997 to the Prospectus Dated March
10, 1997
Effective September 2, 1997, Firstar Trust Company will act as
Transfer Agent for the LKCM Fund, which currently consists of
the LKCM Small Cap Equity Portfolio and the LKCM Equity
Portfolio (collectively the "Fund"). Shares of the Fund may be
purchased by sending a completed application to LKCM Fund, c/o
Firstar Trust Company, Mutual Fund Services, P.O. Box 701,
Milwaukee, WI 53201-0701. Correspondence sent by overnight
courier should be addressed to LKCM Fund, c/o Firstar Trust
Company, Mutual Fund Services, 615 E. Michigan Street,
Milwaukee, WI 53202. The telephone number for all inquiries
will continue to be 1-800-688-LKCM. Prior to purchasing shares
by Fed wire transfer, please contact Firstar Trust Company at
the above telephone number. The Transfer Agent charges a $12.00
service fee for each payment of redemption proceeds made by Fed
wire. The fee will be deducted from the shareholders account.
A $20.00 fee will be imposed by the Transfer Agent if any check
used for investment in an account does not clear due to
insufficient funds. Additional services provided to the Fund by
Firstar Trust Company include: custody, fund accounting, and
fund administration.
Effective September 2, 1997, the LKCM Fund will have new Fed
wire transfer instructions for share purchases. Payment for
fund shares if purchased by Fed wire should be transmitted to:
Firstar Bank Milwaukee, N.A.
ABA #0750-00022
Account #112-952-137
For further credit to [Name of specific LKCM Fund]
[Investor's account number]
[Name/registration of account]
(This information supplements the material on pages 10-11 of the
LKCM Small Cap Equity Portfolio Prospectus and pages 8-9 of the
LKCM Equity Portfolio Prospectus)
Also effective September 2, 1997, First Data Distributors, Inc.
will act as the Distributor for the LKCM Fund. The Distributor
is a broker-dealer registered with the Securities and Exchange
Commission and is located at 4400 Computer Drive, Westborough,
MA 01581. Jacqui Brownfield, an employee of the Adviser,
Luther King Capital Management Corp., and an officer of the
Fund, is a registered representative of the Distributor.
(This information supplements the material on page 16 of the
LKCM Small Cap Equity Portfolio Prospectus and page 15 of the
LKCM Equity Portfolio Prospectus)
This supplement should be retained with your Prospectus for
future reference.
