The SouthTrust Alabama Tax-Free Income Fund is made of municipal bonds. These are bonds are used to fund public projects like highways, bridges, economic development, schools, hospitals and more. The SouthTrust Alabama Tax-Free Income Fund is the successor to a portfolio of a common trust fund managed by the Advisor. If the common trust fund had been registered under the 1940 Act, the performance may have been adversely affected. In the absence of temporary expense waivers, total return for the SouthTrust Alabama Tax-Free Income 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 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. Income may be subject to the Federal alternative Minimum tax. All rights reserved.