SouthTrust Vulcan Treasury Obligations Money Market Fund
SouthTrust Vulcan Bond Fund
SouthTrust Vulcan Stock Fund
SUPPLEMENT TO PROSPECTUS DATED JUNE 30, 1995
Please delete the last sentence of the first paragraph under the
subheading "BOND FUND" of the section entitled "Investment
Objectives and Policies of the Fund" on page 4 of the prospectus,
and insert the following sentence:
"The Adviser expects that the weighted average maturity
of the Fund's portfolio securities will generally be
between five and fifteen years; however, the Fund's
average weighted maturity of portfolio securities may
be adjusted in light of existing and anticipated market
trends."
September 8, 1995
FEDERATED SECURITIES CORP.
Distributor
A subsidiary of Federated
Investors
Federated Investors Tower
Pittsburgh, PA 15222-3779
Cusip 844734103
Cusip 844734202
Cusip 844734301
G01341-01 (9/95)
SRI ID# STH508038