NATIONS RESERVES
NATIONS CASH RESERVES
NATIONS MONEY MARKET RESERVES
NATIONS TREASURY RESERVES
Supplement dated May 8, 2000
to Prospectuses dated August 1, 1999, as supplemented
The prospectuses for the Service Class Shares of Nations Cash Reserves, Nations
Money Market Reserves, and Nations Treasury Reserves are hereby supplemented by:
1. Deleting the first bullet point of the first paragraph under the
section entitled "About your investment -- Buying, selling and
exchanging shares -- How orders are processed" and inserting in its
place the following:
o 5:00 p.m. Eastern time for Nations Cash Reserves, Nations Money Market
Reserves and Nations Treasury Reserves
2. Deleting the first sentence of the second bullet point under the
section entitled "About your investment -- Buying, selling and
exchanging shares -- Buying shares" and inserting the following:
o We must receive payment by the following times on the business day
Stephens, PFPC or their agents receive the order, or we'll refuse the
order:
o 5:30 p.m. Eastern time for Nations Cash Reserves, Nations Money Market
Reserves and Nations Treasury Reserves
o 4:00 p.m. Eastern time for Nations Governments Reserves, Nations
Municipal Reserves and Nations California Tax-Exempt Reserves
