EXH. 99.17(B)


                        NATIONS INTERNATIONAL GROWTH FUND
                               NATIONS FUND, INC.


                                   PROXY CARD
                 SPECIAL MEETING OF SHAREHOLDERS-AUGUST 1, 2000

         The undersigned hereby appoints Robert B. Carroll, Richard H. Blank,
Jr. and Carolyn Wyse (the "Proxies") and each of them, attorneys and proxies of
the undersigned, each with power of substitution and resubstitution, to attend,
vote and act for the undersigned at the Special Meeting of Shareholders of
Nations International Growth Fund (the "Fund") of Nations Fund, Inc. (the
"Company") to be held at One Bank of America Plaza, 33rd Floor, Charlotte, North
Carolina at 10:00 a.m. (Eastern time), on Tuesday, August 1, 2000, and at any
adjournment or adjournments thereof. The proxies will cast votes according to
the number of shares of the Fund which the undersigned may be entitled to vote
with respect to the proposals set forth below, in accordance with the
specification indicated, if any, and with all the powers which the undersigned
would possess if personally present. The undersigned hereby revokes any prior
proxy to vote at such meeting, and hereby ratifies and confirms all that said
attorneys and Proxies, or either of them, may lawfully do by virtue thereof.

THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE NOTICE OF SPECIAL MEETING OF
SHAREHOLDERS AND THE COMBINED PROXY STATEMENT/PROSPECTUS, DATED JUNE 14, 2000.

YOU ARE REQUESTED TO MARK, DATE, SIGN AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE EACH ACCOMPANYING PROXY BALLOT, WHICH IS BEING SOLICITED BY THE
COMPANY'S BOARD OF DIRECTORS. THIS IS IMPORTANT TO ENSURE A QUORUM AT THE
MEETING. YOU ALSO MAY SUBMIT PROXIES: 1) BY FACSIMILE AT (704) 388-2641; 2) BY
DIALING (800) 690-6903; OR 3) ON-LINE AT WEBSITE WWW.PROXYVOTE.COM. PROXIES MAY
BE REVOKED AT ANY TIME BEFORE THEY ARE EXERCISED BY SUBMITTING TO THE COMPANY A
WRITTEN NOTICE OF REVOCATION OR A SUBSEQUENTLY DATED PROXY OR BY ATTENDING THE
MEETING AND VOTING IN PERSON.

Please sign below exactly as your name(s) appear(s) hereon. Corporate proxies
should be signed in full corporate name by an authorized officer. Each joint
owner should sign personally. Fiduciaries should give full titles as such.


 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
              THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED.

NATIONS INTERNATIONAL GROWTH FUND

THIS PROXY WILL BE VOTED AS SPECIFIED BELOW WITH RESPECT TO THE ACTION TO BE
TAKEN ON THE FOLLOWING PROPOSAL. PROXIES RETURNED WITHOUT ANY SPECIFICATION WILL
BE VOTED IN FAVOR OF THE PROPOSAL.

Vote On Proposal

         To ratify and approve an interim investment sub-advisory agreement
         among Nations Fund, Inc., on behalf of Nations International Growth
         Fund, Banc of America Advisors, Inc. and Gartmore Global Partners for
         the period beginning on March 6, 2000 and ending on May [15], 2000.



                      |_|FOR         |_|AGAINST        |_|ABSTAIN

Vote On Proposal

         To ratify and approve an interim investment sub-advisory agreement
         among Nations Fund, Inc., on behalf of Nations International Growth
         Fund, Banc of America Advisors, Inc. and Gartmore Global Partners for
         the period beginning on May [15], 2000 and ending on May [31], 2000.



                      |_|FOR         |_|AGAINST        |_|ABSTAIN

Vote On Proposal

         To ratify and approve an an interim investment sub-advisory agreement
         among Nations Fund, Inc., on behalf of Nations International Growth
         Fund, Banc of America Advisors, Inc. and Gartmore Global Partners for
         the period beginning on May [31], 2000 and ending on the date of the
         reorganization described below (or, if the reorganization does not
         occur, on May [30], 2001).



                      |_|FOR         |_|AGAINST        |_|ABSTAIN

Vote On Proposal

         To approve a proposed agreement and plan of reorganization, dated as of
         June 14, 2000 (the "Reorganization Agreement"), between Nations Fund,
         Inc., on behalf of Nations International Growth Fund, and Nations
         Reserves, on behalf of Nations International Equity Fund.



                      |_|FOR         |_|AGAINST        |_|ABSTAIN




         In their discretion, the Proxies, and either of them, are authorized to
vote upon any other business that may properly come before the meeting, or any
adjournment(s) thereof, including any adjournment(s) necessary to obtain
requisite quorums and/or approvals.



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                                         Signature                    Date

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                                  Signature (Joint Owners)            Date