Gradison McDonald Municipal Custodian Trust – ‘497’ on 2/4/97

As of:  Tuesday, 2/4/97   ·   Accession #:  815913-97-5   ·   File #:  33-48613

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Definitive Material   —   Rule 497
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 497         Definitive Material                                    1      3K 


Supplement Dated February 3, l997 to Prospectus of Gradison                   
Ohio Tax-Free Income Fund Dated October 28, l996                    

1- The name of the Fund has been changed to the Gradison                        
Ohio Tax-Free Income Fund.                                                      

2- The following sentence is added to the end of the first                      
full paragraph on page nine of the Prospectus:                                  

The Fund sells shares without a sales charge to                       
accounts of financial institutions or broker-dealers                  
that charge account management fees, provided the                     
Distributor has entered into an agreement  with respect               
to such accounts.