PACIFIC HORIZON AGGRESSIVE GROWTH FUND
Supplement dated October 6, 1998
To Prospectus dated July 1, 1998
This supplement provides new and additional information beyond that
contained in the Prospectus, and should be read in conjunction with
such Prospectus.
Effective October 6,1998, Scott A Billeadeau is responsible for managing the
Aggressive Growth Fund. Mr. Billeadeau has been a portfolio manager with the
Bank of America NT&SA since October 1, 1998. Mr. Billeadeau is also a
Senior Portfolio Manager, Equity Management for TradeStreet Investment
Associates, Inc. ("TradeStreet"). On behalf of TradeStreet, Mr. Billeadeau is
the Senior Portfolio Manager for Nations Emerging Growth Fund and Nations
Small Company Growth Fund. Prior to assuming his position with TradeStreet,
Mr. Billeadeau was Senior Analyst and Senior Portfolio Manager for
BankAmerica's Pacific Horizon Aggressive Growth Fund at Security Pacific Corp.
since 1991. Mr. Billeadeau has worked in the investment community since 1986.
His past experience also includes quantitative analysis for American Express
Financial Advisors, Inc. Mr. Billeadeau received an A.B. in Economics from
Princeton University. He holds the Chartered Financial Analyst designation
and is a member of the Association for Investment Management and Research, as
well as the Seattle Society of Securities Analysts.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
