-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BrGlCOxdkvOpa0CiwNDekfioRQYy0sxIt6BXmpf7czBXOSLfFYipl5kRMjcwz7b2 HV+xiUNpGsOKYHYLbgye9w== 0000950144-05-000874.txt : 20050204 0000950144-05-000874.hdr.sgml : 20050204 20050204171949 ACCESSION NUMBER: 0000950144-05-000874 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050204 DATE AS OF CHANGE: 20050204 EFFECTIVENESS DATE: 20050204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONS FUNDS TRUST CENTRAL INDEX KEY: 0001097519 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-89661 FILM NUMBER: 05578115 BUSINESS ADDRESS: STREET 1: ONE BANK OF AMERICA PLAZA CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 8003217854 MAIL ADDRESS: STREET 1: ONE BANKOF AMERICA PLAZA CITY: CHARLOTTE STATE: NC ZIP: 28255 497 1 p88888be497.txt NATIONS FUND TRUST NATIONS FUNDS TRUST All share classes of the: Money Market Funds Stock Funds International/Global Stock Funds Index Funds Government & Corporate Bond Funds Municipal Bond Funds State Municipal Bond Funds Nations LifeGoal Portfolios AND NATIONS SEPARATE ACCOUNT TRUST All Portfolios NATIONS MASTER INVESTMENT TRUST All Master Portfolios (collectively, the "Funds") SUPPLEMENT DATED FEBRUARY 4, 2005 TO THE STATEMENT OF ADDITIONAL INFORMATION DATED AUGUST 1, 2004, AS SUPPLEMENTED The Statements of Additional Information for the Funds are hereby supplemented as shown below. To the extent that any of the following disclosure modifies or is otherwise inconsistent with any disclosure provided in the current Statements of Additional Information, the disclosure in this supplement supersedes that disclosure. -- The following information should replace the information current disclosed under the heading "MANAGEMENT OF THE TRUST - Trustees and Principal Officers." The following table provides basic information about the Trustees and principal Officers of the Trust. No person shall be qualified to stand for election or appointment as a Trustee if such person has already reached the age of 72. Each Trustee shall retire from service on the Board no later than the end of the calendar year in which such Trustee reaches age 72, provided that any Trustee may continue to serve for successive annual periods thereafter upon the vote of a majority of the other Trustees. In the table below and throughout this section, information for Trustees who are not "interested" persons of the Trust, as that term is defined under the 1940 Act ("Independent Trustees"), appears separately from the information for the Interested Trustees. The address of each Trustee and principal Officer is: c/o Nations Funds, 101 South Tryon Street, 33rd Floor, Charlotte, NC 28255.
TERM OF NUMBER OFFICE AND OF FUNDS NAME AND AGE LENGTH OF IN FUND POSITION HELD WITH THE TIME PRINCIPAL OCCUPATION(s) DURING THE COMPLEX OTHER DIRECTORSHIPS HELD BY TRUSTS SERVED PAST FIVE YEARS OVERSEEN TRUSTEE INDEPENDENT TRUSTEES Edmund L. Benson, III Indefinite President and Treasurer, Saunders & 78 Director - Saunders & Age: 67 term; Benson, Inc. (insurance) Benson, Inc. (insurance) and Trustee (all Trusts) Trustee Insurance Managers Inc. (all (insurance) Trusts) since 1999
TERM OF NUMBER OFFICE AND OF FUNDS NAME AND AGE LENGTH OF IN FUND POSITION HELD WITH THE TIME PRINCIPAL OCCUPATION(s) DURING THE COMPLEX OTHER DIRECTORSHIPS HELD BY TRUSTS SERVED PAST FIVE YEARS OVERSEEN TRUSTEE Edward J. Boudreau, Jr. Indefinite Managing Director - E.J. Boudreau & 78 Trustee - The Museum of Age: 60 term; Associates (consulting), through Science, Boston; Advisory Trustee (Nations Funds Trustee current; Chairman and Chief Executive Board Member - Perennial Trust only) (Nations Officer - John Hancock Funds (mutual Capital Advisors Funds Trust funds), from 1989 to 2000 only) since January 2005 William P. Carmichael Indefinite Retired; Senior Managing Director - 79 Director - Cobra Electronics Age: 61 term; The Succession Fund (a company formed Corporation (electronic Trustee and Chairman of Trustee to advise and buy family owned equipment manufacturer), the Board (all Trusts) (all Trusts) companies), from 1998 to April 2001 Rayovac Corp. (batteries) since 1999 (apparel); and Chairman of the Board and Director - Hatteras Income Securities, Inc. ("Hatteras") William H. Grigg Indefinite Retired; Chairman Emeritus, since 79 Director - The Shaw Group, Age: 72 term; July 1997, Chairman and Chief Inc., Kuhlman Electric Corp. Trustee (all Trusts) Trustee Executive Officer, to July 1997 - (transformer manufacturer), (all Trusts) Duke Power Co. Faison Enterprises (real since 1999 Piedmont Natural Gas; Director and Vice Chairman - Aegis Insurance Services, Ltd. (a mutual fund insurance company in Bermuda); and Director - Hatteras William A. Hawkins Indefinite President, Retail Banking - IndyMac 78 Vice Chairman - San Gabriel Age: 62 term; Bancorp, Inc., from September 1999 to Valley Red Cross; Director - Trustee (Nations Funds Trustee August 2003 Leadership Pasadena and Trust only) (Nations Operation Hope; and Trustee Funds Trust - The Chandler School only) since January 2005 R. Glenn Hilliard Indefinite Chairman and Chief Executive Officer 78 Director - Conseco, Inc. Age: 61 term; - Hilliard Group LLC (investing and (insurance), Alea Group Trustee (Nations Funds Trustee consulting), from April 2003 through Holdings (Bermuda), Ltd. Trust only) (Nations current; Chairman and Chief Executive (insurance), Piedmont Funds Trust Officer - ING Americas, from 1999 to Medical Center, and High only) since April 2003; and Executive Chairman - Museum of Art, Atlanta; and January 2005 Conseco, Inc. (insurance), from President and Director - September 2004 through current Clemson University Foundation Thomas F. Keller Indefinite R.J. Reynolds Industries Professor of 79 Director - Wendy's Age: 73 term; Business Administration - Fuqua International, Inc. Trustee (all Trusts) Trustee School of Business, Duke University, (restaurant operating and (all since July 1974; Dean - Fuqua School franchising), Dimon, Inc. Trusts) of Business Europe, Duke University, (tobacco) and Biogen, Inc. since 1999 from July 1999 to June 2001 (pharmaceutical biotechnology); and Director - Hatteras Carl E. Mundy, Jr. Indefinite President and Chief Executive Officer 78 Chairman and Trustee - Board Age: 69 term; - Worldwide USO, from May 1996 to May of Trustees, Marine Corps Trustee (all Trusts) Trustee 2000; Commandant - United States University Foundation; (all Marine Corps, from July 1991 to July Director - Schering-Plough Trusts) 1995; Member - Board of Advisors to (pharmaceuticals and health since 1999 the Comptroller General of the United care products) and General States Dynamics Corporation (defense systems)
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TERM OF NUMBER OFFICE AND OF FUNDS NAME AND AGE LENGTH OF IN FUND POSITION HELD WITH THE TIME PRINCIPAL OCCUPATION(s) DURING THE COMPLEX OTHER DIRECTORSHIPS HELD BY TRUSTS SERVED PAST FIVE YEARS OVERSEEN TRUSTEE Minor M. Shaw Indefinite President - Micco Corporation and 78 Board Member - Piedmont Age: 57 term; Mickel Investment Group Natural Gas; Chairman and Trustee (all Trusts) Trustee Trustee - The Daniel-Mickel (all Foundation of South Trusts) Carolina; Vice-Chairman and since 2003 Trustee - Greenville-Spartanburg Airport Commission; Trustee - Duke Endowment, The Hollingsworth Funds, The Belle Baruch Foundation and the South Carolina Foundation for Independent Colleges; Chairman - Urban League of the Upstate; Board Member - United Way of Greenville County and United Way of South Carolina Charles B. Walker Indefinite Retired; Vice Chairman and Chief 78 Director - Ethyl Corporation Age: 66 term; Financial Officer - Albemarle (chemical manufacturing) Trustee (all Trusts) Trustee Corporation (chemical manufacturing) (all through February 2003 Trusts) since 1999 NON-INDEPENDENT TRUSTEES(1) James B. Sommers Indefinite Retired 78 Chairman Emeritus - Central Age: 65 term; Piedmont Community College Trustee (all Trusts) Trustee Foundation; Board of (all Commissioners, Charlotte/ Trusts) Mecklenberg Hospital since 1999 Authority and Carolina Pad & Paper Company; and Trustee - Mint Museum of Art Thomas S. Word, Jr. Indefinite Partner - McGuire, Woods, Battle & 78 Director - Vaughan-Bassett Age: 66 term; Boothe LLP (law firm) Furniture Company, Inc. Trustee (all Trusts) Trustee (furniture) and Bassett (all Mirror Company (glass Trusts) furniture) since 1999 PRINCIPAL OFFICERS Christopher L. Wilson Indefinite President and Chief Executive Officer n/a n/a Age: 47 Term; - the Trusts and Hatteras, since President and Chief President January 2005; President - Columbia Executive Officer (all and Chief Funds, Liberty Funds and Stein Roe Trusts) Executive Funds, since October 2004; Senior Officer Vice President - Columbia Management (all Advisors, Inc., Columbia Funds Trusts) Distributor, Inc. and BACAP since Distributors, since January 2005; January Managing Director - BACAP, since 2005 January 2005; Director - Columbia Funds Services, Inc., since January 2005; President and Chief Executive Officer - CDC IXIS AM Services, Inc. (asset management), from September 1998 through August 2004; and a senior officer or director of various other Bank of America-affiliated entities, including other registered and unregistered funds
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TERM OF NUMBER OFFICE AND OF FUNDS NAME AND AGE LENGTH OF IN FUND POSITION HELD WITH THE TIME PRINCIPAL OCCUPATION(s) DURING THE COMPLEX OTHER DIRECTORSHIPS HELD BY TRUSTS SERVED PAST FIVE YEARS OVERSEEN TRUSTEE J. Kevin Connaughton Indefinite Treasurer and Chief Financial Officer n/a n/a Age: 40 term; - the Trusts and Hatteras, since Treasurer and Chief Treasurer January 2005; Treasurer - Columbia Financial Officer (all and Chief Funds, since October 2003, and the Trusts) Financial Liberty Funds, Stein Roe Funds and Officer Liberty All-Star Funds, since (all December 2000; Vice-President - Trusts) Columbia Management Advisors, Inc., since since April 2003; President - January Columbia Funds, Liberty Funds and 2005 Stein Roe Funds, from February 2004 to October 2004; Chief Accounting Officer and Controller - Liberty Funds and Liberty All-Star Funds, from February 1998 to October 2000; Treasurer - Galaxy Funds, since September 2002; Treasurer, from December 2002 to December 2004, and President, from February 2004 to December 2004 - Columbia Management Multi-Strategy Hedge Fund, LLC; Vice President - Colonial Management Associates, Inc., from February 1998 to October 2000; and a senior officer of various other Bank of America-affiliated entities, including other registered and unregistered funds Mary Joan Hoene Indefinite Senior Vice-President and Chief n/a n/a Age: 55 term; Compliance Officer - the Trusts and Senior Vice President Senior Hatteras, since August 2004; Senior and Chief Compliance Vice- Vice President and Chief Compliance Officer (all Trusts) President Officer - Columbia Funds, Liberty and Chief Funds, Stein Roe Funds and Liberty Compliance All-Star Funds, since August 2004; Officer Partner - Carter, Ledyard & Milburn LLP, (all Trusts) from January 2001 to August 2004; since Counsel - Carter, Ledyard & Milburn LLP, August 2004 from November 1999 to December 2000; Vice President and Counsel - Equitable Life Assurance Society of the United States, from April 1998 to November 1999; and a senior officer of various other Bank of America-affiliated entities, including other registered and unregistered funds Robert B. Carroll Indefinite Secretary - the Trusts since January n/a n/a Age: 44 term; 2003 and Hatteras since 1997; Chief Secretary and Chief Secretary Legal Officer - each of the above Legal Officer (all since entities, since August 2003; Trusts) 2003, Associate General Counsel - Bank of Chief America Corporation, since 1999; Legal Assistant General Counsel - Bank of Officer America Corporation from 1996 to (all 1999. Trusts) since August 2003 Michael Clarke Indefinite Assistant Treasurer and Chief n/a n/a Age: 34 term; Accounting Officer - the Trusts and Assistant Treasurer and Assistant Hatteras, since January 2005; Chief Chief Accounting Officer Treasurer Accounting Officer - Columbia Funds, (all Trusts) and Chief Liberty Funds and Liberty All-Star Accounting Funds, since October 2004; Officer Controller, from May 2004 to October (all 2004, and Assistant Treasurer, from Trusts) June 2002 to May 2004 - Columbia since Funds, Liberty Funds and Liberty January All-Star Funds; Vice-President, 2005 Product Strategy & Development - Liberty Funds Group from February 2001 to June 2002; Assistant Treasurer - Liberty Funds and the Liberty All-Star Funds, from August 1999 to February 2001; Audit Manager - Deloitte & Touche LLP, from May 1997 to August 1999.
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TERM OF NUMBER OFFICE AND OF FUNDS NAME AND AGE LENGTH OF IN FUND POSITION HELD WITH THE TIME PRINCIPAL OCCUPATION(s) DURING THE COMPLEX OTHER DIRECTORSHIPS HELD BY TRUSTS SERVED PAST FIVE YEARS OVERSEEN TRUSTEE Jeffrey R. Coleman Indefinite Assistant Treasurer and Controller - n/a n/a Age: 35 term; the Trusts and Hatteras, since Assistant Treasurer and Assistant January 2005; Director, Financial Controller (all Trusts) Treasurer Reporting and Fund Treasury - and Columbia Management Group, since Controller October 2004; Vice President - CDC (all IXIS AM Services, Inc., since Trusts) February 2002; Deputy Treasurer - CDC since Nvest Fund, Loomis Sayles Funds and January the AEW Real Estate Income Fund, 2005 since February 2002; and Assistant Treasurer - AEW Real Estate Income Fund, from August 2000 to February 2002.
- ---------------- (1) Basis of Interestedness. Mr. Sommers owns securities of Bank of America Corporation, the parent holding company of BACAP. Mr. Word is affiliated with a law firm which provides services to Bank of America and certain of its affiliates. 5 -----END PRIVACY-ENHANCED MESSAGE-----