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Westcore Funds Equity and Bond Funds Prospectus
October 1, 2001

RISK/ RETURN SUMMARY

Westcore Equity Funds

Westcore Bond Funds

Bar Charts and Performance Tables

Fees and Expenses of the Funds

TYPES OF INVESTMENT RISK

HOW TO INVEST AND
OBTAIN INFORMATION

How to Contact Westcore Funds

Purchasing Shares

Exchanging Shares

Redeeming Shares

Additional Information on
Telephone and Online Service

GENERAL ACCOUNT POLICIES

DISTRIBUTION AND TAXES

MANAGEMENT OF THE FUNDS

FINANCIAL HIGHLIGHTS

APPENDIX A

Prior Performance of Investment Adviser for Growth and Income Management Style

Prior Performance of Investment Advisor for Core Plus Bond Management Style

APPENDIX B

Bond Rating Categories

Where to find more information

The Securities and Exchange Commission has not approved or disapproved the Funds' shares or determined if this prospectus is accurate or complete. It is a criminal offense to state otherwise.

Westcore Equity Funds
Westcore MIDCO Growth Fund
Westcore Growth and Income Fund
Westcore Small-Cap Growth Fund
Westcore Select Fund
Westcore International Frontier Fund
Westcore International Select Fund
Westcore Blue Chip Fund
Westcore Mid-Cap Opportunity Fund
Westcore Small-Cap Opportunity Fund

Westcore Bond Funds
Westcore Flexible Income Fund
Westcore Plus Bond Fund
Westcore Colorado Tax-Exempt Fund

Westcore Funds are managed by
Denver Investment Advisors LLC.

FINANCIAL HIGHLIGHTS

The financial highlights tables on the following pages are intended to help you understand each Fund's financial performance for the past 5 years or, if shorter, the period of the Fund's operations. Certain information reflects financial results for a single Fund share. The total returns in the table represent the rate that an investor would have earned or lost on an investment in each Fund (assuming reinvestment of all dividends and distributions). This information has been audited by Deloitte & Touche LLP, whose report, along with the Funds' financial statements, is included in the Annual Report, which is available upon request.

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