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Fund Information - Institutional Share Class Funds

Offering Investors Lower Fees with Westcore's New Institutional Share Class
To complement our existing family of 11 no-load mutual funds,Westcore Funds has introduced an Institutional Share Class on seven of our existing funds. Launched on September 28, 2007, this new share class, open to all investors, lowers our already competitive expense ratios.

Available to All Investors with a Minimum of $500,000 to Invest
The Institutional Share Class is available to all investors directly or through a financial intermediary, including but not limited to, financial advisors, retirement plans, broker-dealers and bank trust departments. To meet the minimum investment, investors may consider aggregating multiple accounts with common ownership and financial advisors may consider aggregating multiple client accounts with a fund. Please refer to the prospectus for policies regarding the aggregation of multiple accounts.

At a Glance
The table below outlines the Westcore Funds available to investors as an Institutional Share Class.
Equity Growth Funds - Institutional Class
Institutional Fund Name
Expense Ratio
Institutional Class Net
(1)
Expense Ratio
Retail Class
Net
(2)
Ticker
CUSIP
Westcore MIDCO Growth Fund - Institutional Class
1.00%
1.08%
WIMGX
957904204
Westcore Growth Fund - Institutional Class
1.02%
1.11%
WILGX
957904634
Equity Value Funds - Institutional Class
Institutional Fund Name
Expense Ratio
Inst Class Net
(1)
Expense Ratio
Retail Class
Net
(2)
Ticker
CUSIP
Westcore Blue Chip Fund - Institutional Class
1.03%
1.09%
WIMVX
957904527
Westcore Small-Cap Opportunity Fund - Institutional Class
1.25%
1.30%
WISCX
957904592
Westcore Small-Cap Value Fund - Institutional Class
1.23%
1.31%
WISVX
957904493
Bond Funds - Institutional Class
Institutional Fund Name
Expense Ratio
Inst Class Net
(1)
Expense Ratio
Retail Class
Net
(2)
Ticker
CUSIP
Westcore Flexible Income Fund - Institutional Classs
0.78%
0.87%
WILTX
957904519
Westcore Plus Bond Fund - Institutional Class
0.47%
0.56%
WIIBX
957904485

See a one page Fact Sheet on these new Institutional Share Class Funds here.

See the complete prospectus on these new Institutional Share Class Funds here.

For More Information
For more information, please call us at 1-800-734-WEST (9378) or email us at
advisorsupport@westcore.com.

An investor should consider investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. This material must be accompanied or preceded by a prospectus, which contains this and other important information about the Fund(s). Please read the prospectus carefully before investing.

Westcore Funds are distributed by ALPS Distributors, Inc.

Investing in mid-cap, small-cap or concentrated funds can be more volatile and loss of principal could be greater than investing in large-cap or more diversified funds.Westcore Flexible Income and Plus Bond Funds are subject to additional risk in that each may invest in high-yield/high-risk bonds and are subject to greater levels of liquidity risk. Additionally, investing in bond funds entails interest rate risk and credit risk.

(1)Institutional Share Class: The Advisor and Administrators have contractually agreed to waive a portion of its management fees and/or administration fees and/or reimburse additional Trust/Fund expenses so as to limit each of the affected Institutional Share Class Funds’ Annual Fund Operating Expenses. In doing so, the Adviser and Administrators have contractually agreed to waive and/or reimburse each Institutional Class for an amount equal to the waivers and/or reimbursement performed for the related Retail Class (calculated in basis points). In addition, the Adviser has contractually agreed to waive its investment advisory and/or administration fees and/or reimburse the Funds for all of the start-up costs and ongoing class-specific expenses for the Institutional Class until at least September 30, 2008. Without such fee waivers and reimbursements, the Total Annual Fund Operating Expenses for the Westcore MIDCO Growth, Growth, Blue Chip, Small-Cap Opportunity, Small-Cap Value, Flexible Income and Plus Bond Funds would be 1.09%, 2.02%, 1.07%, 2.30%, 1.71%, 1.88% and 0.87%, respectively. You will be notified if these waivers and/or reimbursements are discontinued after that date resulting in a material change in the Fund’s Net Annual Operating Expense.

(2)Retail Share Class: The Adviser and the Administrators have contractually agreed to waive a portion of the investment advisory and/or administration fees and/or to reimburse other expenses for the MIDCO Growth, Growth, Blue Chip, Small-Cap Opportunity, Small-Cap Value, Flexible Income and Plus Bond Funds from April 30, 2007 until at least April 29, 2008, so that Net Annual Fund Operating Expenses as reported in the Funds' Financial Highlights will be no more than 1.15%, 1.15%, 1.15%, 1.30%, 1.30%, 1.85% and 0.55% for each Fund, respectively, for such period. Without such fee waivers and reimbursements, the Total Annual Fund Operating Expenses for each of the Funds would be 1.08%, 1.11%, 1.09%, 1.73%, 1.54%, 0.98% and 0.87%, respectively. You will be notified if these waivers and/or reimbursements are discontinued after that date resulting in a material change in a Fund's Net Annual Operating Expense.

See Fund Information on the Mutual Funds here.

 

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