Nations Fund Trust
Nations Emerging Growth Fund
Supplement dated October 22, 1996
to Prospectuses dated July 31, 1996
The combined prospectuses for the Primary A, Primary B, Investor A,
Investor C and Investor N Shares for Nations Emerging Growth Fund are hereby
supplemented by deleting the paragraph regarding Edward E. (Jack) Smiley, Jr.
under the heading "How The Funds Are Managed" and inserting in its place the
following:
C. Thomas Clapp, CFA, is Director of the Equity Management Group for
TradeStreet and Portfolio Manager of Nations Emerging Growth Fund. Mr.
Clapp has been Portfolio Manager for Nations Emerging Growth Fund since
September, 1996. Prior to assuming his position with TradeStreet in 1995,
he was Senior Vice President and Director of Research for the Investment
Management Group at NationsBank. Prior to joining NationsBank in 1992, Mr.
Clapp was a Senior Portfolio Manager with Royal Insurance Group. Mr. Clapp
has worked in the investment community since 1984. He received his B.A. in
Economics from the University of North Carolina at Chapel Hill and an
M.B.A. from the University of South Carolina. He also holds the Chartered
Financial Analyst designation and is a member of the Association for
Investment Management and Research and the North Carolina Society of
Financial Analysts, Inc.
