SOUTHTRUST BOND FUND
SOUTHTRUST INCOME FUND
SOUTHTRUST ALABAMA TAX-FREE INCOME FUND
Portfolios of SouthTrust Funds
SUPPLEMENT TO PROSPECTUS DATED JUNE 30, 2000
The following is information that updates your prospectus. We are
providing it to inform you of a new Portfolio Manager for the SouthTrust Bond
Fund. Please add the following information to the end of page 26 of the combined
Prospectus:
Effective December 1, 2000, Michael L. Smith is the Portfolio Manager for
the BOND FUND. Mr. Smith has been a Portfolio Manager with SouthTrust Asset
Management Company since November 2000. Mr. Smith previously was employed at
J.C. Bradford in Institutional Fixed Income Sales from 1999 to November 2000.
From 1992 through December 1998, Mr. Smith was employed by Salomon Smith Barney
where his most recent assignment was Institutional Strategist for the Preferred
Stock/Short-Term Product division. Mr. Smith earned his MBA in Finance from
Vanderbilt University and his Bachelors of Science in Business Administration
from the University of Denver. David J. Howell will continues to be Lead
Portfolio Manager of the BOND FUND and Jeffrey A. Greenert will continue to be
Lead Portfolio Manager of the INCOME FUND and ALABAMA TAX-FREE INCOME FUND.
December 19, 2000
Federated Securities Corp., Distributor
Cusip 844734202
844734400
844734608
26060(12/00)
