NATIONS FUND TRUST
INVESTOR A SHARES --
NATIONS MARSICO FOCUSED EQUITIES FUND
Supplement dated March 8, 1999
to Prospectus dated August 1, 1998
as supplemented on January 19, 1999
The prospectus for the Investor A Shares of Nations Marsico Focused
Equities Fund is hereby supplemented by:
1. Inserting footnote 3 to the column for Nations Marsico Focused Equities Fund
in the table under "Expenses Summary -- Nations Funds Equity Funds Investor A
Shares" and inserting the following footnote at the bottom of the table:
3 The Sales Load is temporarily waived for investments of less than $1
million in Investor A Shares of Nations Marsico Focused Equities Fund
made between March 15, 1999 and the earlier of March 31, 1999 or the
date that sales under this special pricing arrangement reach $150
million. Investor A Shares purchased under this special pricing
arrangement are subject to a 1% Deferred Sales Charge if redeemed
within one year of purchase. See "Investor A Shares -- Charges and
Features."
2. Inserting the following as the first paragraph under the sub-heading
"Purchases of Shares at Net Asset Value" under the heading "Investor A Shares --
Charges and Features:"
The Sales Load is temporarily waived for investments of less than $1
million in Investor A Shares of Nations Marsico Focused Equities Fund
between March 15, 1999 and the earlier of March 31, 1999 or the date
that sales under this special pricing arrangement reach $150 million.
Investor A Shares purchased under this special pricing arrangement are
subject to a CDSC equal to 1.00% of the lesser of the market value or
the purchase price of the shares being redeemed, if such shares are
redeemed within one year of purchase. No CDSC is imposed after one
year. No CDSC is imposed on increases in net asset value above the
initial purchase price, including shares acquired by reinvestment of
distributions. The Investor A CDSC waiver categories described above
are applicable to the CDSC imposed in connection with this special
pricing arrangement. Selling Agents will receive a dealers' reallowance
from Stephens of 2.00% of the sale price of shares sold under this
special pricing arrangement. Because this special pricing arrangement
may terminate before March 31, 1999, potential investors should check
with a Selling Agent or Stephens before purchasing shares to see if the
special pricing arrangement is still in effect. Purchase orders mailed
directly to the Funds will be entitled to the special pricing
arrangement if they are postmarked on or before the termination date of
the arrangement. Purchase orders postmarked after that date will be
subject to the normal sales charge schedule.
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3. Inserting the following paragraph at the end of the section entitled
"Shareholder Servicing and Distribution Plans -- General:"
Stephens or the Adviser may limit the availability of such cash and
non-cash incentives to certain Selling Agents. For example, from time
to time Stephens sponsors promotions involving NationsBanc Investments,
Inc., an affiliate of NBAI, and select Selling Agents. Awards also may
be made based on the opening of a minimum number of accounts.
