The Fund invests in stocks that appear to be undervalued and have the potential to provide an attractive long-term return. The fund focuses on stocks issued by well-managed, competitive companies with a record of strong earnings growth. In the absence of temporary expense waivers, total return for the SouthTrust Growth Fund would have been lower.
Past performance is no guarantee of future results .
Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. SouthTrust Bank, is the Fund's investment advisor and Federated Securities Corp. is the distributor. See the prospectus for other fees and expenses that apply to a continued investment in the funds. All rights reserved.