-----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, L4Ku0cJi6qnc7RomAfzL1usssb/U/W6BHca1gO7vg82Oul4HZ615HFe/YOlRXtLC l2tIELmq/Br1fXlC8J+q6A== 0000950152-05-007563.txt : 20050909 0000950152-05-007563.hdr.sgml : 20050909 20050909154323 ACCESSION NUMBER: 0000950152-05-007563 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050909 DATE AS OF CHANGE: 20050909 EFFECTIVENESS DATE: 20050909 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STI CLASSIC FUNDS CENTRAL INDEX KEY: 0000883939 IRS NUMBER: 232678674 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-45671 FILM NUMBER: 051077744 BUSINESS ADDRESS: STREET 1: 2 OLIVER STREET CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6144708000 MAIL ADDRESS: STREET 1: 3435 STELZER RD. STREET 2: STE. 1000 CITY: COLUMBUS STATE: OH ZIP: 43219 497 1 l15949ae497.txt STI CLASSIC FUNDS FORM 497 STI CLASSIC FUNDS STI CLASSIC INSTITUTIONAL SHORT-TERM BOND FUND SUPPLEMENT DATED SEPTEMBER 9, 2005 TO THE PROSPECTUS DATED AUGUST 1, 2005 THIS SUPPLEMENT SUPERSEDES ALL OTHER SUPPLEMENTS On August 19, 2005, the Board of Trustees (the "Board") of STI Classic Funds (the "Trust"), including a majority of the Independent Trustees, approved the reorganization of the STI Classic Institutional Short-Term Bond Fund (the "Fund") into the STI Classic Short-Term Bond Fund (the "Acquiring Fund"), a separate series of the Trust. After careful consideration, the Board determined the reorganization to be in the best interests of the Fund's shareholders. Among the factors the Board considered were: o the Fund's investment objective, policies and strategies are substantially identical to those of the Acquiring Fund, o the contractual advisory fees of the Fund and the Acquiring Fund are the same, o the Acquiring Fund's expense ratio is lower than the Fund's, o the potential economies of scale resulting from the reorganization, o the reorganization is expected to be a tax-free event to shareholders, o as of August 1, 2005, the portfolio holdings of the Fund and the Acquiring Fund were substantially identical. The reorganization is expected to be effective at the close of business on or about October 31, 2005. At that time, each shareholder of the Fund will become a shareholder of the Acquiring Fund, and will receive I Shares of the Acquiring Fund in an amount equal in value to the shares of the Fund the shareholder had immediately before the reorganization. Shareholders who wish to redeem shares of the Fund in a taxable transaction prior to the reorganization may do so in accordance with the procedures described in the prospectus. PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE SP-ISTB-0905 -----END PRIVACY-ENHANCED MESSAGE-----