NATIONS LIFEGOAL FUNDS, INC.
NATIONS LIFEGOAL GROWTH PORTFOLIO
NATIONS LIFEGOAL BALANCED GROWTH PORTFOLIO
NATIONS LIFEGOAL INCOME AND GROWTH PORTFOLIO
Supplement dated January 19, 1999
to Prospectuses dated August 1, 1998
The prospectuses for the Primary A, Primary B, Investor A and Investor
B Shares of Nations LifeGoal Growth Portfolio, Nations LifeGoal Balanced Growth
Portfolio and Nations LifeGoal Income and Growth Portfolio are hereby
supplemented by deleting the first paragraph under the heading "Description of
Underlying Nations Funds-Investment Objectives, Policies and Practices--Nations
Equity Income Fund" and inserting in its place the following:
The Fund's investment objective is to seek current income and growth of capital
by investing primarily in companies with above-average dividend yields. The
investment program of the Fund is based on several premises. First, that
dividends are normally a more stable and predictable source of return than
capital appreciation. While the price of a company's stock generally increases
and decreases in response to short-term earnings and market fluctuations, its
dividends are generally less volatile. Second, diversifying equity holdings in a
manner that includes every major economic sector contributes to reduced
volatility, without a commensurate reduction in investment return. Collectively,
these traits may be combined in such a fashion as to produce a Fund with less
volatility and which provides higher income than that of the stocks in the S&P
500 Index.
