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HORIZON PRIME FUND HONORED BY LIPPER ANALYTICAL AS THE TOP-RANKED INSTITUTIONAL MONEY FUND FOR FIVE-YEAR PERIOD

 SAN FRANCISCO, March 11 /PRNewswire/ -- The Pacific Horizon Prime Fund, Horizon Shares, was honored with a Lipper Performance Achievement Certificate as the number one institutional money market fund (out of 39 funds) for the five-year period ending Dec. 31, 1992, according to the Lipper-Fixed Income Fund Performance Analysis.
 "The performance periods ending Dec. 31, 1992, were full of twists and turns which made achieving leadership difficult," said A. Michael Lipper, president, Lipper Analytical Services, Inc., a nationally recognized mutual fund rating organization. Thus, he continued, the fund's success "should be a source of pride to all."
 Hillary Elder is portfolio manager for the Pacific Horizon Prime Fund, which had $13 billion in assets as of March 5, 1993. Elder, who also manages the Pacific Horizon Treasury Fund ($2.8 billion in assets as of March 5, 1993), has been a portfolio manager with the Pacific Horizon Funds since 1985. She has had 13 years experience in mutual fund investments and operations.
 Bank of America NT & SA is the investment adviser to the Pacific Horizon Funds. Concord Holding Corporation is the administrator of the funds and its subsidiary, Concord Financial Group, Inc., is the distributor and sponsor. Concord is unaffiliated with Bank of America. The funds are neither guaranteed by nor obligations of Bank of America and are not FDIC insured.
 -0- 3/11/93
 /CONTACT: Sharon Tucker of Bank of America, 415-622-2775, or Laura Berger or Stan Appenzeller of Arlen Financial Communications, 212-966-5100, for Bank of America/


CO: Bank of America NT & SA ST: California IN: FIN SU:

TS-SH -- NY020 -- 5023 03/11/93 10:00 EST
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Publication:PR Newswire
Date:Mar 11, 1993
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