NATIONS FUND, INC.
NATIONS FUND PORTFOLIOS, INC.
NATIONS INTERNATIONAL EQUITY FUND
NATIONS EMERGING MARKETS FUND
NATIONS PACIFIC GROWTH FUND
Supplement dated June 22, 1998
to Prospectuses dated August 1, 1997
The combined prospectuses for the Primary A, Primary B, Investor
A, Investor B and Investor C Shares for Nations International Equity
Fund, Nations Emerging Markets Fund and Nations Pacific Growth Fund are
hereby supplemented by deleting the paragraphs regarding Stephen Watson,
Seok Teoh and Philip Ehrmann under the heading "How The Funds Are
Managed" and replacing them with the following paragraphs:
Philip Ehrmann is Co-Portfolio Manager of Nations International
Equity Fund, responsible for the Fund's investments in developing
countries (since June 1998). Mr. Ehrmann is also Principal Portfolio
Manager of Nations Emerging Markets Fund (since 1995) and is Head of the
Gartmore Emerging Markets Team. Prior to joining Gartmore in 1995, Mr.
Ehrmann was the Director of Emerging Markets for Invesco in London. He
began his career in 1981 as an institutional stockbroker with Rowe &
Pitman Inc. and also spent a brief period with Prudential Bache
Securities as an institutional salesman before joining Invesco in 1984.
Mr. Ehrmannn graduated from the London School of Economics with a degree
in Economics, Industry and Trade.
Seok Teoh is Co-Portfolio Manager of Nations International
Equity Fund, responsible for the Fund's investments in Asia (since June
1998). Ms. Teoh is also Principal Portfolio Manager of Nations Pacific
Growth Fund (since that Fund's inception in June 1995). She has been
associated with Gartmore since 1990 as the London based manager of its
Far East Team. Previously, Ms. Teoh managed four equity funds for
Rothschild Asset Management in Tokyo and in Singapore. She was also
responsible for Singaporean and Malaysian equity sales at Overseas Union
Bank Securities in Singapore. Ms. Teoh, who is native to Singapore, is
fluent in Mandarin and Cantonese and received an Economics degree from
the University of Durham.
Mark Fawcett is Co-Portfolio Manager of Nations International
Equity Fund, responsible for the Fund's investments in Japan (since June
1998). He is also Senior Investment Manager for the Gartmore Japanese
Equities Team. Mr. Fawcett joined Gartmore as an investment manager on
the Japanese Equity Team in 1991 and has specific responsibility for
large stock research. Before joining Gartmore in Tokyo he worked on the
Far East desk of Provident Mutual, a major London-based Life Assurance
company, managing funds invested in Japan. Mr. Fawcett graduated from
Oxford University in 1986 with an honours degree in Mathematics and
Philosophy.
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Stephen Jones is Co-Portfolio Manager of Nations International
Equity Fund, responsible for the Fund's investments in Europe (since
June 1998). He is also the Head of Gartmore European Equities. Mr. Jones
joined Gartmore as a senior investment manager in the European Equities
Team in 1994 and was appointed Head of the European Equity Team in 1995.
He began his career at the Prudential in 1984, spending a year as a
business analyst before becoming the personal assistant to the Group
Chief Executive. In 1987, he became a European equities investment
manager focusing primarily on France, Belgium and Switzerland. Mr. Jones
graduated from Manchester University in 1984 with an honours degree in
Economics.
Stephen Watson is Co-Portfolio Manager for Nations International
Equity Fund, responsible for allocating the Fund's assets among the
various regions in which it invests, as well as determining the Fund's
investments in regions not covered by the other Co-Portfolio Managers
(since June 1998). Mr. Watson had been the sole Portfolio Manager of the
Fund since February 1995. He joined Gartmore as a Global Fund Manager in
1993 and currently holds the position of Chief Investment Officer of
Gartmore Global Partners and is a member of Gartmore's Global Policy
Group. Previously, Mr. Watson was a director and global fund manager
with James Capel Fund Managers, London, as well as Client Services
Manager for international clients. From 1980 to 1987 he was associated
with Capel-Cure Myers in their Portfolio Management Division. He began
his career in 1976 when he joined the investment division at Samuel
Motagu. Mr. Watson is a member of the Securities Institute.