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Nations International Value Fund Closes

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June 3, 2002 — The Nations International Value Fund (NIVLX) was closed to new investors today to keep it from getting too big to be manageable.

The fund’s combined assets have risen to $3.86 billion, from $2.5 billion at the end of last year, according to the sponsor.

The fund’s class A shares returned 4.2% through the end of April, while the average international fund was up 1.9%; last year that share class lost 12%, compared to a loss of 22% by the fund’s peers.