WACHOVIA EXECUTIVE EQUITY FUND
WACHOVIA EXECUTIVE FIXED INCOME FUND
Institutional Service Shares
(Portfolios of The Wachovia Funds)
- -------------------------------------------------------------------------------
Supplement to the Prospectus dated November 15, 1999
Please delete the third paragraph in the section "What do Shares Cost?" on page
5 of your Prospectus and replace it with the following paragraph:
"The required minimum initial investment amount in the Fund is $500,000.
Subsequent investments must be at least $25,000."
February 18, 2000
Cusip 929901593
Cusip 929901577
25199 (2/00)
