KPM FUNDS, INC.
SUPPLEMENT TO PROSPECTUS
DATED OCTOBER 16, 1995
The following information supplements and replaces the information
contained in the sections of the Fund's Prospectus entitled "Purchase of Shares"
and "Transfer Agent, Dividend Disbursing Agent and Custodian":
Effective July 1, 1996, the Fund's Custodian is Union Bank & Trust Co.,
Lincoln, Nebraska. Payment for Fund's shares by bank wire should be addressed as
follows:
Union Bank & Trust Co.
ABA 104-910-795
Attn: Trust Dept
Lincoln, Nebraska 68506
For Account #6027566
Final Credit to: KPM Funds, Inc.