COLONIAL MUNICIPAL MONEY MARKET FUND
Supplement to the Statement of Additional Information dated
October 28, 1996
(Replacing Supplement dated November 8, 1996)
Effective immediately, the ability of investors to invest
proceeds liquidated from another mutual fund complex, or from a
discretionary account, in the Class A shares of any Colonial fund
at a reduced or no initial sales charge, is no longer available.
Effective immediately, non-fundamental policies 4, 5 and 10 under
the caption Other Investment Policies have been deleted in their
entirety.
TM-39/503D-0397 March 31, 1997
