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NATIONSBANK CHANGES MUTUAL FUNDS NAME TO NATIONS FUND

 NATIONSBANK CHANGES MUTUAL FUNDS NAME TO NATIONS FUND
 CHARLOTTE, N.C., May 18 /PRNewswire/ -- NationsBank (NYSE: NB) Trust Group announces the Hatteras Funds Group and the MarketMaster Funds Group, families of mutual funds for which NCNB National Bank (NCNB) and C&S/Sovran acted as investment advisers, respectively, have changed their names to Nations Fund.
 The Nations Fund family comprises 18 funds. The NationsBank Trust Group acts as investment adviser for the funds and Funds Distributors Inc. is the distributor.
 "We are pleased to take the first step in merging the funds offered by the predecessor organizations of NationsBank," said Mark Williamson, NationsBank Mutual Funds Group manager. "By the end of June, we will complete the consolidation and have $4.5 billion in assets, ranking Nations Fund in the top six in bank proprietary funds."
 The success of the Nations Fund Group is anchored in the support and combined efforts of several NationsBank areas, Williamson said. NationsBank offers the Nations Fund family to its customers through its Funds Management area, NationsBanc Securities Inc. and NationsBanc Capital Markets Inc. Additionally, the Nations Funds are available to customers of the NationsBank Trust and Private Banking groups.
 Williamson added that approximately 25 funds will be available under the Nations Fund umbrella by the end of the year.
 Former Hatteras Funds are: Nations Prime Portfolio, Nations Treasury Portfolio, Nations Tax-Exempt Money Market Portfolio, Nations Government Securities Portfolio, Nations Equity Income Portfolio and Nations International Equity Portfolio.
 Former MarketMaster funds are: Nations Government Money Market Fund, Nations Money Market Fund, Nations Tax-Exempt Money Market Fund, Nations Georgia Municipal Bond Fund, Nations Maryland Municipal Bond Fund, Nations South Carolina Municipal Bond Fund, Nations Virginia Municipal Bond Fund, Nations Short-Intermediate Government Fund, Nations Municipal Income Fund, Nations Managed Bond Fund, Nations Value Fund and Nations Income Equity Fund.
 These funds are not an obligation of or guaranteed by the bank and are not insured by the FDIC or the U.S. government.
 NationsBanc Securities Inc. and NationsBanc Capital Markets Inc. are registered broker dealers and members of the National Association of Securities Dealers and the Securities Investor Protection Corporation. Brokerage accounts with NationsBanc Securities Inc. and NationsBanc Capital Markets Inc. are protected by SIPC and are not insured by the FDIC.
 NationsBank Corporation is the fourth-largest bank holding company in the United States with $113 billion in assets and full-service banks in nine states and the District of Columbia.
 -0- 5/18/92
 /CONTACT: Mary Waller, Media Relations, NationsBank, 704-386-5469/
 (NB) CO: NationsBank Corporation ST: North Carolina, Georgia, Texas IN: FIN SU:


CM -- CH006 -- 1326 05/18/92 12:12 EDT
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Publication:PR Newswire
Date:May 18, 1992
Words:434
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