Nations Fund Trust
Nations Emerging Growth Fund
Supplement dated October 2, 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 this position, he was Senior Vice
President and Director of Research for the Investment Management Group at
NationsBank. Mr. Clapp has worked in the investment community since 1984.
His past experience includes portfolio management and equity research for
an international insurance company and various banking institutions. Mr.
Clapp 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
holds the Chartered Financial Analyst designation and is a member of the
Association for Investment Management and Research as well as the North
Carolina Society of Financial Analysts, Inc.
