COLONIAL SHORT DURATION U.S. GOVERNMENT FUND
COLONIAL INTERMEDIATE U.S. GOVERNMENT FUND
COLONIAL FEDERAL SECURITIES FUND
Supplement to the Statement of Additional Information dated January 1, 2000
The Funds' Statement of Additional Information is amended as follows:
(1) Effective July 14, 2000, each Fund changed its name as follows: Colonial
Short Duration U.S. Government Fund changed its name to "Liberty Short
Term Government Fund", Colonial Intermediate U.S. Government Fund changed
its name to "Liberty Intermediate Government Fund" and Colonial Federal
Securities Fund changed its name to "Liberty Federal Securities Fund".
(2) The fourth non-fundamental investment policy under the caption OTHER
INVESTMENT POLICIES is deleted in its entirety.
GOV-35/748C-0800 August 23, 2000