WACHOVIA MONEY MARKET FUND
INSTITUTIONAL SHARES
(A PORTFOLIO OF THE WACHOVIA FUNDS)
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SUPPLEMENT TO PROSPECTUS DATED JANUARY 31, 2000
The deadlines for the purchase and redemption of Shares of the Fund have
been extended to 4:00 p.m. (Eastern time). As such, the affected sections of the
prospectus have been revised and will now read as follows:
How To Purchase Shares
The Fund and the Distributor reserve the right to reject any purchase
request.
THROUGH WACHOVIA BANK
If you are a customer of Wachovia Bank, you may purchase Shares by
telephone, by mail or in person in accordance with procedures established by
Wachovia Bank and set forth in your account agreement.
Payment may be made to Wachovia bank by check, federal funds, or by
debiting your account with Wachovia Bank.
In order for your purchase to receive that day's dividends, purchase orders
and payment by federal funds must be received by 4:00 p.m. (Eastern time).
How To Redeem Shares
If your redemption request is received by Wachovia Bank by 4:00 p.m.
(Eastern time), redemption proceeds will normally be wired that same day but
will not be entitled to that day's dividend.
Proceeds for redemption requests received after 4:00 p.m. (Eastern time)
will normally be wired or a check mailed the following business day and those
Shares will be entitled to that day's dividend.
Cusip 929901106
October 5, 2000
WACHOVIA MONEY MARKET FUND
WACHOVIA TAX-FREE MONEY MARKET FUND
WACHOVIA U.S. TREASURY MONEY MARKET FUND
INVESTMENT SHARES
(PORTFOLIOS OF THE WACHOVIA FUNDS)
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SUPPLEMENT TO PROSPECTUS DATED JANUARY 31, 2000 (REVISED MAY 31, 2000)
The deadlines for the purchase and redemption of Shares have been extended
to 4:00 p.m. (Eastern time) for the Money Market Fund and U.S. Treasury Fund and
11:00 a.m. (Eastern time) for the Tax-Free Fund. As such, the affected sections
of the prospectus have been revised and will now read as follows:
How To Purchase Shares
You may purchase Shares through Wachovia Investments, Inc., Wachovia Bank
or other Service Organizations.
The Funds and the Distributor reserve the right to reject any purchase
request.
THROUGH WACHOVIA INVESTMENTS, WACHOVIA BANK OR OTHER SERVICE ORGANIZATIONS
You may purchase Shares by telephone, by mail or in person. Customers of
Wachovia Bank should contact their account officer in accordance with procedures
set forth in your account agreement.
In order for your purchase to receive that day's dividends:
TAX-FREE FUND
Purchase orders and payment by federal funds for the Tax-Free Fund must be
received by 11:00 a.m. (Eastern time).
MONEY MARKET FUND AND U.S. TREASURY FUND
Purchase orders and payment by federal funds for the Money Market Fund and
U.S. Treasury Fund must be received by 4:00 p.m. (Eastern time).
How To Redeem Shares
THROUGH WACHOVIA INVESTMENTS, WACHOVIA BANK OR OTHER SERVICE ORGANIZATIONS
BY TELEPHONE
If your redemption request is received by 11:00 a.m. (Eastern time) for the
Tax-Free Fund and 4:00 p.m. (Eastern time) for the Money Market Fund and U.S.
Treasury Fund, redemption proceeds will normally be wired that same day but will
not be entitled to that day's dividend.
Proceeds for redemption requests received after 11:00 a.m. (Eastern time)
for the Tax-Free Fund and 4:00 p.m. (Eastern time) for the Money Market Fund and
U. S. Treasury Fund will normally be wired or a check mailed the following
business day and those Shares will be entitled to that day's dividend.
Cusip 929901205
Cusip 929901403
Cusip 929901825
October 5, 2000
WACHOVIA PRIME CASH MANAGEMENT FUND
WACHOVIA TAX-FREE MONEY MARKET FUND
WACHOVIA U.S. TREASURY MONEY MARKET FUND
INSTITUTIONAL SHARES
(PORTFOLIOS OF THE WACHOVIA FUNDS)
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SUPPLEMENT TO PROSPECTUS DATED JANUARY 31, 2000 (REVISED MAY 31, 2000)
The deadlines for the purchase and redemption of Shares have been extended
to 4:00 p.m. (Eastern time) for the Prime Cash Management Fund and U.S. Treasury
Fund. The deadline for the Tax-Free Fund remains 11:00 a.m. (Eastern time). As
such, the affected sections of the prospectuses have been revised and will now
read as follows:
How To Purchase Shares
The Funds and the Distributor reserve the right to reject any purchase
request.
THROUGH WACHOVIA BANK
If you are a customer of Wachovia Bank, you may purchase Shares by
telephone, by mail or in person in accordance with procedures established by
Wachovia Bank and set forth in your account agreement.
Payment may be made to Wachovia bank by check, federal funds, or by
debiting your account with Wachovia Bank.
In order for your purchase to receive that day's dividends:
Purchase orders and payment by federal funds for the Tax-Free Fund must be
received by 11:00 a.m. (Eastern time).
Purchase orders and payment by federal funds for the Prime Cash Management
Fund and U.S. Treasury Fund and must be received by 4:00 p.m. (Eastern time).
How To Redeem Shares
If your redemption request is received by Wachovia Bank by 11:00 a.m.
(Eastern time) for the Tax-Free Fund and by 4:00 p.m. (Eastern time) for the
Prime Cash Management Fund and U. S. Treasury Fund, redemption proceeds will
normally be wired that same day but will not be entitled to that day's dividend.
Proceeds for redemption requests received after 11:00 a.m. (Eastern time)
for the Tax-Free Fund and 4:00 p.m. (Eastern time) for the Prime Cash Management
Fund and U. S. Treasury Fund will normally be wired or a check mailed the
following business day and those Shares will be entitled to that day's dividend.
Cusip 929901684
Cusip 929901304
Cusip 929901833
October 5, 2000