A.T. OHIO MUNICIPAL MONEY FUND
(Formerly Known As "A.T. Ohio Tax-Free Money Fund")
Supplement to Prospectus dated October 31, 1993
At a Special Meeting of Shareholders of the Fund held on February 24,
1994, shareholders approved a new investment advisory contract between
the Fund and its current investment adviser, Society Asset Management,
Inc. (the "Adviser"). Approval of a new contract was sought in
connection with the merger of the Adviser's parent, Society
Corporation, with KeyCorp, which took place on March 1, 1994. The
Adviser is now an indirect, wholly-owned subsidiary of the resulting
holding company, KeyCorp, which will be headquartered in the Society
Center complex in Cleveland, Ohio.
Shareholders also approved a change in the Fund's "fundamental"
investment policy regarding investments in instruments the income from
which is subject to federal Alternative Minimum Tax ("AMT
instruments"). As a result, the Fund is now permitted to invest,
without limit, in AMT instruments. The Fund's policy now specifies
that at least 80% of the Fund's annual interest income will be exempt
from federal regular income tax and Ohio income tax.
In light of the change regarding AMT instruments, it became necessary
to change the Fund's name to remove the reference to "Tax-Free" in
order to be consistent with the Fund's new investment policy. At the
Special Meeting, shareholders approved an amendment to the Fund's
Declaration of Trust so as to permit the Trustees to change the name
of the Fund, and the Trustees have acted to substitute "Municipal" for
"Tax-Free" in the Fund's name .
At the Special Meeting, the shareholders elected James H. Bodurtha,
Edward P. Campbell, James E. Gulick, Harald Miller, and Thomas F.
Morrissey to serve as the Fund's Board of Trustees.
March 3, 1994
FEDERATED SECURITIES CORP.
Distributor
4020907A (3/94)
A.T. OHIO MUNICIPAL MONEY FUND
(Formerly Known As "A.T. Ohio Tax-Free Money Fund")
Supplement to Statement of Additional Information dated October 31, 1993
1. Please delete the information under the heading "Officers and
Trustees" found under the main heading "Fund Management" on pages 4-6
and substitute the following therefor:
Position with Principal Occupation
Name and Address the Fund During Past Five Years
James H. Bodurtha* Trustee Chairman and Chief Executive Officer,
One International Place China Enterprise Management
Suite 3010 Corporation; Partner in the law
Boston, MA firm of Squire, Sanders & Dempsey
(1980-1993);
and Trustee, Financial Reserves Fund
(1991).
Edward P. Campbell Trustee Vice President of Nordson Corporation
Nordson Corporation (manufacturer of application equipment,
28601 Clemens Road (1988); Vice President of Finance of BP
Westlake, OH America, Inc. (oil
company, August 1987-April 1988); Vice
President of Finance of The Standard
Oil Company (August 1986-July 1987);
Vice President of Acquisitions and
Divestitures
of The Standard Oil Company (May-July
1986); Vice President of Retail Sales
of
Sohio Oil Company (September 1985-April
1986); member of the Supervisory
Committee
of Society's Collective Investment
Retirement Fund (1987);
Trustee, Financial Reserves Fund
(1991); and Trustee, The Society
Funds (1994).
James E. Gulick Trustee Adjunct Professor, Master of Business
3961 West Valley Drive Administration Program, Baldwin-Wallace
Fairview Park, OH College (1991); Executive Director of
Cleveland Commission on Higher
Education
(September 1990-July 1992); and various
Senior Officer positions with Brush
Wellman
Inc. (beryllium products, electronics
and
equipment components, 1979-1990)
including
Vice President, Planning and
Administration
(1987-1990), President of Equipment
Components Group (1984-1987),
President,
S.K. Wellman Co. (1985-1987); member
of the
Supervisory Committee of Society's
Collective Investment Retirement Fund
(1991);
Trustee, Financial Reserves Fund
(1991);
and Trustee, Catholic Charities
Foundation
(1994).
Harald Miller, CPA Trustee Principal of Barnes, Wendling, Cook &
1215 Superior Avenue O'Connor, Inc. (Certified Public
Suite 400 Accountants, 1992); President of Harald
Cleveland, OH Miller, Inc. (Certified Public
Accounting,
1989-1992); Principal of
Miller, Miller & Haney, Inc.
(Certified
Public Accounting 1973-1989);
member of the
Supervisory Committee of Society's
Collective Investment Retirement
Fund
(1987); and Trustee,
Financial Reserves Fund (1991).
Thomas F. Morrissey Trustee Associate Dean of Weatherhead School of
Case Western Reserve Management, Case WesternReserve University
University (1989); Professor of Banking and Finance of
Weatherhead School Weatherhead School of Management, Case
of Management WesternReserve University (1970-1989);
Cleveland, OH member of the Supervisory
Committee of Society's Collective
Investment Retirement Fund (1987); Trustee,
Financial Reserves Fund (1991); and
Trustee, The Society Funds (1994).
Edward C. Gonzales President and Vice President, Treasurer and Trustee,
Federated Investors Treasurer Federated Investors; Vice President and
Tower Treasurer, Federated Advisers, Federated
Pittsburgh, PA Management, and Federated Research;
Executive Vice President, Treasurer and
Director, Federated Securities Corp.;
Chairman, Treasurer and Director, Federated
Administrative Services, Inc.; Trustee,
President, Vice President and Treasurer of
numerous other investment companies that
are advised, administered, or distributed
by affiliates of Federated Investors.
Jeffrey W. Sterling Vice President Vice President of Federated Administrative
Federated Investors and Assistant Services.
Tower Treasurer
Pittsburgh, PA
Jay S. Neuman Secretary Corporate Counsel, Federated Investors;
Federated Investors prior to January, 1991, Associate Counsel,
Tower The Boston Company Advisors, Inc.
Pittsburgh, PA
*Mr. Bodurtha is deemed to be an interested person of the Fund and
Society under the 1940 Act because the law firm in which he was
formerly a partner, Squire, Sanders & Dempsey, provides legal services
to Society and the Fund.
2. Please delete the section entitled "The Funds" found on pages 6-7. In
addition, please delete the heading "The Funds" from the Table of
Contents.
3. Please delete the second sentence of the section entitled
"Administrative Services" on page 8 and substitute the following
therefor:
"John A. Staley IV, an officer of the Fund until February 24, 1994,
holds approximately 15% of the outstanding common stock and serves as
a director of Commercial Data Services, Inc., a company which provides
computer processing services to FAS and Federated Administrative
Services, which formerly provided operational services to the Fund."
March 3, 1994
FEDERATED SECURITIES CORP.
Distributor
4020907B (3/94)
