-----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, CjtHdoMvHoljOXWcK5TeaxYtTvHUBJHxuLLYyFarO4lbP2HiOybuVMCYmHXrk79Z Glk3lVnxXGB7HzrrRzvgGg== /in/edgar/work/20000706/0000916641-00-000927/0000916641-00-000927.txt : 20000920 0000916641-00-000927.hdr.sgml : 20000920 ACCESSION NUMBER: 0000916641-00-000927 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000706 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STI CLASSIC FUNDS CENTRAL INDEX KEY: 0000883939 STANDARD INDUSTRIAL CLASSIFICATION: [ ] STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: SEC FILE NUMBER: 033-45671 FILM NUMBER: 668165 BUSINESS ADDRESS: STREET 1: 2 OLIVER STREET CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6109896602 MAIL ADDRESS: STREET 1: 530 E SWEDESFORD ROAD CITY: WAYNE STATE: PA ZIP: 19087-1693 497 1 0001.txt PROSPECTUS SUPPLEMENT STI CLASSIC FUNDS Tax-Free Money Market Fund Supplement dated July 10, 2000 to the Money Market Funds--Flex and Investor Shares Prospectus and the Bond and Money Market Funds--Trust Shares Prospectus dated October 1, 1999 This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus. At a meeting on May 16, 2000, the Trust's Board of Trustees approved changes to the name, objective and certain investment policies of the Tax-Free Money Market Fund. These changes, which are set forth below, will become effective on August 15, 2000. The Tax-Free Money Market Fund is renamed the Virginia Tax-Free Money Market Fund. Under the heading "Fund Summary" on page 6 of the Money Market Funds-Flex and Investor Shares Prospectus and on page 28 of the Bond and Money Market Funds- Trust Shares Prospectus, the "Investment Goal," "Investment Focus" and "Investor Profile" should be replaced with the following: Investment Goal: High current income exempt from federal and Virginia income taxes, while preserving capital and liquidity. Investment Focus: Virginia municipal money market instruments Investor Profile: Virginia residents/taxpayers who want to receive current income exempt from federal and state income taxes On the same pages, the first paragraph under the heading "Investment Strategy" should be replaced with the following: The Virginia Tax-Free Money Market Fund invests substantially all of its assets in money market instruments issued by municipalities and issuers that pay income exempt from federal and Virginia income taxes. Issuers of these securities can be located in Virginia, Puerto Rico and other U.S. territories and possessions. In selecting investments for the Fund, the Adviser analyzes the credit quality and structure of each security to minimize risk. The Adviser actively manages the Fund's average maturity based on current interest rates and the Adviser's outlook of the market. As a money market fund, the Fund follows strict rules about credit risk, maturity and diversification of its investments. The following should be added to page 10 of the Money Market Funds-Flex and Investor Shares Prospectus under the heading "More Information About Risk." Regional Risk Virginia Tax-Free Money Market Fund To the extent that the Fund's investments are concentrated in a specific geographic region, the Fund may be subject to the political and other developments affecting that region. Regional economies are often closely interrelated, and political and economic developments affecting one region, country or state often affect other regions, countries or states, thus subjecting a Fund to additional risks. PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE. -----END PRIVACY-ENHANCED MESSAGE-----