THE WACHOVIA FUNDS
Class A Shares, Class B Shares, Class Y Shares
THE WACHOVIA MUNICIPAL FUNDS
CLASS A SHARES AND CLASS Y SHARES
Supplement to the Combined Statement of Additional Information dated
January 31, 2000
Please replace the second paragraph under "How to Buy Shares - Through a
Retirement Program" on page 19 of the Combined Statement of Additional
Information with the following:
"Class Y Shares are available to accounts serviced by the trust business units
of Wachovia, including Qualified Retirement Plans. In addition, other Qualified
Retirement Plans with total plan assets in excess of $250 million may purchase
Class Y Shares. Class Y Shares are also offered to participants in Qualified
Retirement Plans that offer a Wachovia Fund as an investment option through a
program known as "Institutional Solutions" marketed by Delaware Investment and
Retirement Services, Inc. A plan is considered a Qualified Retirement Plan if
the plan is intended to qualify under Section 401(a) of the Internal Revenue
Code of 1986 as amended."
December 20, 2000
Cusip 929901601 Cusip 929901882
Cusip 929901668 Cusip 929901817
Cusip 929901742 Cusip 929901502
Cusip 929902104 Cusip 929901627
Cusip 929901718 Cusip 929901759
Cusip 929902609 Cusip 929902203
Cusip 929901874 Cusip 929901726
Cusip 929902708 Cusip 929902401
Cusip 929901858 Cusip 929901841
Cusip 929901643 Cusip 929902807
Cusip 929901783 Cusip 929901767
Cusip 929901700 Cusip 929901809
Cusip 929901676 Cusip 929901791
Cusip 929901734 Cusip 929901635
Cusip 929901619 Cusip 929901650
Cusip 929901692 Cusip 929901775
Cusip 929902500
Cusip 929901866
Cusip 929902302
26033 (12/00)
