<PAGE> 1
AMSOUTH MUTUAL FUNDS
INCOME FUNDS
SUPPLEMENT DATED FEBRUARY 13, 1998 TO
PROSPECTUS DATED DECEMBER 1, 1997
Capitalized terms used in this Supplement and not defined have the meaning
assigned to them in the Prospectus.
The Prospectus is hereby amended as follows:
Paragraph 5 under "INVESTMENT ADVISOR" on page 42 is amended to read as
follows and a new paragraph is also added:
Dorothy E. Thomas, CFA is the portfolio manager for the Municipal Bond
Fund since inception and as such, has primary responsibility for the
day-to-day portfolio management of the Fund's portfolio. Ms. Thomas has
been associated with AmSouth's Trust Investment Group for over ten years
and is currently Vice President and Trust Investment Officer.
Steven L. Cass, effective February 11, 1998, is the portfolio manager
for the Florida Fund and, as such, has primary responsibility for the
day-to-day portfolio management of the Fund's portfolio. Mr. Cass has been
associated with AmSouth's Trust Investment Group since October, 1995 and is
currently Assistant Vice President and Trust Investment Officer. Mr. Cass
was a registered representative and insurance agent employed by First of
America Securities, Great Western Financial Securities, and CM Financial
Group for three years prior to joining AmSouth.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THE PROSPECTUS FOR FUTURE REFERENCE
AS2S021398
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AMSOUTH MUTUAL FUNDS
PREMIER SHARES
SUPPLEMENT DATED FEBRUARY 13, 1998 TO
PROSPECTUS DATED DECEMBER 1, 1997
Capitalized terms used in this Supplement and not defined have the meaning
assigned to them in the Prospectus.
The Prospectus is hereby amended as follows:
Paragraph 5 under "INVESTMENT ADVISOR" on page 58 is amended to read as
follows and a new paragraph is also added:
Dorothy E. Thomas, CFA is the portfolio manager for the Municipal Bond
Fund since inception and as such, has primary responsibility for the
day-to-day portfolio management of the Fund's portfolio. Ms. Thomas has
been associated with AmSouth's Trust Investment Group for over ten years
and is currently Vice President and Trust Investment Officer.
Steven L. Cass, effective February 11, 1998, is the portfolio manager
for the Florida Fund and, as such, has primary responsibility for the
day-to-day portfolio management of the Fund's portfolio. Mr. Cass has been
associated with AmSouth's Trust Investment Group since October, 1995 and is
currently Assistant Vice President and Trust Investment Officer. Mr. Cass
was a registered representative and insurance agent employed by First of
America Securities, Great Western Financial Securities, and CM Financial
Group for three years prior to joining AmSouth.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THE PROSPECTUS FOR FUTURE REFERENCE
AS4S021398