TIME HORIZON FUNDS
DEFA14A, 1999-08-16
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                     INFORMATION REQUIRED IN PROXY STATEMENT
                            SCHEDULE 14A INFORMATION
           Proxy Statement Pursuant to Section 14(a) of the Securities
                     Exchange Act of 1934 (Amendment No. __)

Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:

[ ]      Preliminary Proxy Statement        [ ]      CONFIDENTIAL, FOR USE OF
                                                     THE COMMISSION ONLY (AS
                                                     PERMITTED BY RULE
                                                     14c-6(e)(2)
[ ]      Definitive Proxy Statement

[X]      Definitive Additional Materials

[ ]      Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12

                               Time Horizon Funds
      ---------------------------------------------------------------------
                (Name of Registrant as Specified in Its Charter)

      ---------------------------------------------------------------------
          (Name of Person(s) Filing Proxy Statement, if other than the
                                  Registrant)

Payment of Filing Fee (Check the appropriate box):

[X]      No fee required.

[ ]      Fee computed on table below per Exchange Act Rules 14a-6(i)(1)
         and 0-11.

(1)      Title of each class of securities to which transaction applies:

- ---------------------------------------------------------------------------
(2)      Aggregate number of securities to which transaction applies:

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(3)      Per unit price or other underlying value of transaction computed
         pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
         filing fee is calculated and state how it was determined):

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(4)      Proposed maximum aggregate value of transaction:

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(5)      Total fee paid:

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[ ]      Fee paid previously with preliminary materials:

[ ]      Check box if any part of the fee is offset as provided by Exchange Act
         Rule 0-11(a)(2) and identify the filing for which the offsetting fee
         was paid previously.  Identify the previous filing by registration
         statement number, or the form or schedule and the date of its filing.

(1)      Amount previously paid:

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(2)      Form, Schedule or Registration Statement no.:

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(4)      Date Filed:

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<PAGE>

                               TIME HORIZON FUNDS
                            Time Horizon Portfolio 1
                            Time Horizon Portfolio 2
                            Time Horizon Portfolio 3
                              400 Bellevue Parkway
                           Wilmington, Delaware 19809

              -----------------------------------------------------

                              IMPORTANT INFORMATION
                            REGARDING YOUR INVESTMENT

              -----------------------------------------------------


                                                                  August 4, 1999
Dear Shareholder:

Recently we distributed proxy material regarding the Special Meeting of
Shareholders scheduled to take place on August 13, 1999. Our records indicate
that as of May 21, 1999 ("Record Date") you were holding shares in the Time
Horizon Funds. As of today, our records also indicate that we have not yet
received voting instructions from you. All votes are vital no matter how many
shares you hold and your shares cannot be voted unless we receive your executed
ballot or you are present at the meeting! We urge you to act promptly in order
to allow us to obtain a sufficient number of votes and avoid the possibility of
a meeting adjournment. Unless you attend the meeting and vote in person, we must
receive your proxy no later than Friday, August 13, 1999.

For your convenience, we have established three easy methods by which to
register your vote:

     1.   BY TOUCH-TONE PHONE:     Please refer to the "800" number printed on
          -------------------      the enclosed proxy card.

     2.   BY INTERNET:             Visit www.proxyvote.com.  Once there, enter
          -----------              the 12-digit control number located on the
                                   enclosed proxy card.

     3.   BY MAIL:                 Execute the enclosed proxy card and return it
          -------                  in the enclosed postage paid envelope.
                                   Please utilize this option only if methods 1
                                   and 2 are unavailable, as we may not receive
                                   your executed proxy by August 13, 1999.

If you have any questions regarding the meeting agenda, please call Shareholder
Communications Corporation at 1-800-433-2279.

If you have already voted your shares, thank you for participating and please
disregard this notice.


<PAGE>

                               TIME HORIZON FUNDS
                            Time Horizon Portfolio 1
                            Time Horizon Portfolio 2
                            Time Horizon Portfolio 3
                              400 Bellevue Parkway
                           Wilmington, Delaware 19809

              -----------------------------------------------------

                              IMPORTANT INFORMATION
                            REGARDING YOUR INVESTMENT

              -----------------------------------------------------


                                                                  August 4, 1999
Dear Shareholder:

Recently we distributed proxy material regarding the Special Meeting of
Shareholders scheduled to take place on August 13, 1999. Our records indicate
that as of May 21, 1999 ("Record Date") you were holding shares in the Time
Horizon Funds. As of today, our records also indicate that we have not yet
received voting instructions from you. All votes are vital no matter how many
shares you hold and your shares cannot be voted unless we receive your executed
ballot or you are present at the meeting! We urge you to act promptly in order
to allow us to obtain a sufficient number of votes and avoid the possibility of
a meeting adjournment. Unless you attend the meeting and vote in person, we must
receive your proxy no later than Friday, August 13, 1999.

For your convenience, we have established three easy methods by which to
register your vote:

     1.   BY PHONE:      Please call Shareholder Communications Corporation toll
          --------       free at 1-800-433-2279.  Representatives are available
                         to take your vote Monday through Friday between the
                         hours of 9:00 a.m. and 11:00 p.m.

     2.   BY FAX:        Simply fax your executed ballot to 1-800-733-1885.
          ------

     3.   BY MAIL:       Execute the enclosed proxy card and return it in the
          -------        enclosed postage paid envelope. Please utilize this
                         option only if methods 1 and 2 are unavailable, as we
                         may not receive your executed proxy by August 13, 1999.

If you have any questions regarding the meeting agenda, please call Shareholder
Communications Corporation at 1-800-433-2279.

If you have already voted your shares, thank you for participating and please
disregard this notice.

<PAGE>

                               TIME HORIZON FUNDS
                            Time Horizon Portfolio 1
                            Time Horizon Portfolio 2
                            Time Horizon Portfolio 3
                              400 Bellevue Parkway
                           Wilmington, Delaware 19809

              -----------------------------------------------------

                              IMPORTANT INFORMATION
                            REGARDING YOUR INVESTMENT

              -----------------------------------------------------


                                                                  August 4, 1999
Dear Shareholder:

Recently we distributed proxy material regarding the Special Meeting of
Shareholders scheduled to take place on August 13, 1999. Our records indicate
that as of May 21, 1999 ("Record Date") you were holding shares in the Time
Horizon Funds. As of today, our records also indicate that we have not yet
received voting instructions from you. All votes are vital no matter how many
shares you hold and your shares cannot be voted unless we receive your executed
ballot or you are present at the meeting! We urge you to act promptly in order
to allow us to obtain a sufficient number of votes and avoid the possibility of
a meeting adjournment. Unless you attend the meeting and vote in person, we must
receive your proxy no later than Friday, August 13, 1999.

For your convenience, we have established three easy methods by which to
register your vote:

     1.   BY PHONE:           Please call Shareholder Communications Corporation
          --------            toll free at 1-800-433-2279.  Representatives are
                              available to take your vote Monday through Friday
                              between the hours of 9:00 a.m. and 11:00 p.m.

     2.   BY INTERNET:        Visit www.proxyvote.com. and enter the 12-digit
          -----------         control number located on the enclosed proxy card.

     3.   BY MAIL:            Sign the enclosed proxy card and return it in the
          -------             enclosed postage paid envelope. Please utilize
                              this option only if methods 1 and 2 are
                              unavailable, as we may not receive your proxy by
                              August 13, 1999.

If you have any questions regarding the meeting agenda, please call Shareholder
Communications Corporation at 1-800-433-2279.

<PAGE>

                               NATIONS FUND TRUST
                            One Bank of America Plaza
                             101 South Tryon Street
                         Charlotte, North Carolina 28255

              -----------------------------------------------------

                              IMPORTANT INFORMATION
                            REGARDING YOUR INVESTMENT

              -----------------------------------------------------


                                                                  August 4, 1999
Dear Shareholder:

Recently we distributed proxy material regarding the Special Meeting of
Shareholders scheduled to take place on August 13, 1999 for the Nations Marsico
Focused Equities Fund and Nations Marsico Growth & Income Fund. Our records
indicate that as of May 13, 1999 ("Record Date") you were holding shares in
either one or both of the Funds. However, our records also indicate that we have
not yet received voting instructions from you. All votes are vital no matter how
many shares you hold and your shares cannot be voted unless we receive your
executed ballot or you are present at the meeting! We urge you to act promptly
in order to allow us to obtain a sufficient number of votes and avoid the
possibility of a meeting adjournment. Unless you attend the meeting and vote in
person, we must receive your proxy no later than Friday, August 13, 1999.

For your convenience, we have established three easy methods by which to
register your vote:

     1.   BY PHONE:           Please call Shareholder Communications Corporation
          --------            toll free at 1-800-790-6347.  Representatives are
                              available to take your vote Monday through Friday
                              between the hours of 9:00 a.m. and 11:00 p.m.

     2.   BY INTERNET:        Visit www.proxyvote.com. and enter the 12-digit
          -----------         control number located on the enclosed proxy card.

     3.   BY MAIL:            Sign the enclosed proxy card and return it in the
          -------             enclosed postage paid envelope. Please utilize
                              this option only if methods 1 and 2 are
                              unavailable, as we may not receive your proxy by
                              August 13, 1999.

If you have any questions regarding the meeting agenda, please call Shareholder
Communications Corporation at 1-800-790-6347.

<PAGE>

                               NATIONS FUND TRUST
                            One Bank of America Plaza
                             101 South Tryon Street
                         Charlotte, North Carolina 28255

              -----------------------------------------------------

                              IMPORTANT INFORMATION
                            REGARDING YOUR INVESTMENT

              -----------------------------------------------------


                                                                  August 4, 1999
Dear Shareholder:

Recently we distributed proxy material regarding the Special Meeting of
Shareholders scheduled to take place on August 13, 1999 for the Nations Marsico
Focused Equities Fund and Nations Marsico Growth & Income Fund. Our records
indicate that as of May 13, 1999 ("Record Date") you were holding shares in
either one or both of the Funds. However, our records also indicate that we have
not yet received voting instructions from you. All votes are vital no matter how
many shares you hold and your shares cannot be voted unless we receive your
executed ballot or you are present at the meeting! We urge you to act promptly
in order to allow us to obtain a sufficient number of votes and avoid the
possibility of a meeting adjournment. Unless you attend the meeting and vote in
person, we must receive your proxy no later than Friday, August 13, 1999.

For your convenience, we have established three easy methods by which to
register your vote:

     1.   BY PHONE:      Please call Shareholder Communications Corporation toll
          --------       free at 1-800-790-6347.  Representatives are available
                         to take your vote Monday through Friday between the
                         hours of 9:00 a.m. and 11:00 p.m.

     2.   BY FAX:        Simply fax your executed ballot to 1-800-733-1885.
          ------

     3.   BY MAIL:       Sign the enclosed proxy card and return it in the
          -------        enclosed postage paid envelope. Please utilize this
                         option only if methods 1 and 2 are unavailable, as we
                         may not receive your proxy by August 13, 1999.

If you have any questions regarding the meeting agenda, please call Shareholder
Communications Corporation at 1-800-790-6347.

<PAGE>

                               NATIONS FUND TRUST
                            One Bank of America Plaza
                             101 South Tryon Street
                         Charlotte, North Carolina 28255

              -----------------------------------------------------

                              IMPORTANT INFORMATION
                            REGARDING YOUR INVESTMENT

              -----------------------------------------------------


                                                                  August 4, 1999
Dear Shareholder:

Recently we distributed proxy material regarding the Special Meeting of
Shareholders scheduled to take place on August 13, 1999 for the Nations Marsico
Focused Equities Fund and Nations Marsico Growth & Income Fund. Our records
indicate that as of May 13, 1999 ("Record Date") you were holding shares in
either one or both of the Funds. However, our records also indicate that we have
not yet received voting instructions from you. All votes are vital no matter how
many shares you hold and your shares cannot be voted unless we receive your
executed ballot or you are present at the meeting! We urge you to act promptly
in order to allow us to obtain a sufficient number of votes and avoid the
possibility of a meeting adjournment. Unless you attend the meeting and vote in
person, we must receive your proxy no later than Friday, August 13, 1999.

For your convenience, we have established three easy methods by which to
register your vote:

     1.   BY TOUCH-TONE PHONE:     Please refer to the "800" number printed on
          -------------------      the enclosed proxy card.

     2.   BY INTERNET:             Visit www.proxyvote.com.  Once there, enter
          -----------              the 12-digit control number located on the
                                   enclosed proxy card.

     3.   BY MAIL:                 Execute the enclosed proxy card and return it
          -------                  in the enclosed postage paid envelope.
                                   Please utilize this option only if methods 1
                                   and 2 are unavailable, as we may not receive
                                   your executed proxy  by August 13, 1999.

If you have any questions regarding the meeting agenda, please call Shareholder
Communications Corporation at 1-800-790-6347.



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