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THE COMMERCE FUNDS
STATEMENT OF ADDITIONAL INFORMATION
INSTITUTIONAL SHARES
SERVICE SHARES
SHORT-TERM GOVERNMENT FUND
BOND FUND
BALANCED FUND
GROWTH AND INCOME FUND
GROWTH FUND
MIDCAP FUND
INTERNATIONAL EQUITY FUND
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INSTITUTIONAL SHARES
NATIONAL TAX-FREE INTERMEDIATE BOND FUND
MISSOURI TAX-FREE INTERMEDIATE BOND FUND
SUPPLEMENT DATED OCTOBER 30, 1998 TO PROSPECTUS DATED MARCH 2, 1998, AS
SUPPLEMENTED
Effective November 1, 1998, the sales charge on Institutional Shares of the
National Tax-Free Intermediate Bond and Missouri Tax-Free Intermediate Bond
Funds will be removed. Therefore, all references to the sales charge in the
Statement of Additional Information are deleted.
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THE COMMERCE FUNDS (TM)
THE NATIONAL TAX-FREE INTERMEDIATE BOND FUND
THE MISSOURI TAX-FREE INTERMEDIATE BOND FUND
INSTITUTIONAL SHARES
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SUPPLEMENT DATED OCTOBER 30, 1998 TO THE PROSPECTUS DATED MARCH 2, 1998, AS
SUPPLEMENTED
Effective November 1, 1998, the sales charge will be removed from
Institutional Shares of the National Tax-Free Intermediate Bond and Missouri
Tax-Free Intermediate Bond Funds. Therefore, all references to the sales
charge in the Institutional Shares Prospectus of the Funds are deleted.