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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.

RISK/ RETURN SUMMARY

Bar Charts and Performance Tables

The bar charts and tables below provide an indication of the risk of investing in the Funds by showing changes in the Funds' performance from year to year and by showing how the Funds' average annual returns for one, five and ten years compare with those of a widely recognized, unmanaged index of common stock or bond prices, as appropriate. The bar charts and performance tables assume reinvestment of dividends and distributions. The Funds' past performance does not necessarily indicate how they will perform in the future.

No performance is shown for the Westcore International Select Fund, since it has been in operation for less than one full calendar year.

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