NATIONS LIFEGOAL FUNDS, INC.
Supplement dated December 17, 1998
to Prospectuses dated August 1, 1998
The prospectuses for the Primary A, Primary B, Investor A, Investor B and
Investor C Shares of the portfolios of Nations LifeGoal Funds, Inc. are hereby
supplemented by deleting the paragraphs referencing the services of Stephens
Inc. as administrator and First Data Investor Services Group, Inc. as
co-administrator under the heading "How The LifeGoal Portfolios Are
Managed--Other Service Providers" and inserting the following:
Stephens Inc. ("Stephens"), with principal offices at 111 Center
Street, Little Rock, Arkansas 72201, serves as administrator of the
LifeGoal Portfolios. On December 1, 1998, NBAI began serving as
co-administrator of the LifeGoal Portfolios with Stephens. Under the new
arrangements, which will become effective on a Portfolio by Portfolio
basis during the fourth quarter of 1998 and the first quarter of 1999,
Stephens and NBAI provide various administrative, accounting and corporate
secretarial services to the LifeGoal Portfolios.
Effective at the same time as each LifeGoal Portfolio's new
co-administration arrangements, The Bank of New York ("BNY") will begin
serving as sub-administrator for the LifeGoal Portfolio. Under the
sub-administration arrangements, BNY assists NBAI and Stephens in
performing certain administrative and accounting services.
