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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.

HOW TO INVEST AND OBTAIN INFORMATION


Important notes on exchanging shares:

  • Exchanges must meet the minimum investment requirements described on
    page 46.
  • Exchanges between accounts will be accepted only if registrations are identical.
  • If the shares you are exchanging are held in certificate form, the certificate must be returned with or before your exchange request.
  • Please be sure to read the prospectus for the Fund into which you are exchanging.
  • An exchange represents the sale of shares from one fund and the purchase of shares of another fund. This may produce a taxable gain or loss in your non-tax-deferred account.
  • If you exchange shares within 3 months or less from their date of purchase, you may be subject to the redemption fee as described on page 50.

Exchange Limits
You may make four exchanges out of each Westcore Fund during a calendar year (exclusive of Systematic Exchange Agreement). At this time, there is no limit on the number of exchanges permitted out of the BlackRock Money Market Portfolio. Exchanges in excess of this limit are considered excessive trading and may result in termination of the exchange privilege or the right to make future purchases of Fund shares. Accounts under common ownership or control will be counted together for purposes of the four exchange limit. We also reserve the right to delay delivery of your redemption proceeds up to seven days, or to honor certain redemptions with securities, rather than cash, as described in the Statement of Additional Information. The Funds reserve the right to reject any purchase order (including exchanges) from any investor we believe has a history of abusive trading or whose trading, in our judgment, has been or may be disruptive to a fund. The Funds may modify or terminate the exchange privilege at any time.

 

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