The performance data quoted represents past performance and does not guarantee future results. Performance information for the institutional class shares prior to their inception date is based on the performance of the retail class. Current performance may be lower or higher than the performance quoted. To obtain current performance as of the most recent month-end, please call 800.392.CORE (2673) or visit us online at www.westcore.com. Average annual total returns and yield figures reflect the reinvestment of dividends and capital gains distributions and include all fee waivers and expense reimbursements. Investment return and principal value will vary, and shares, when redeemed, may be worth more or less than their original cost. Without the fee waivers and expense reimbursements, total return and yield figures would have been lower. The performance data quoted does not reflect the deduction of the 2% redemption fee imposed if shares are redeemed or exchanged within 90 days of purchase or the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. If imposed, the redemption fee would reduce the performance quoted. Total return and yield figures represent past performance. Westcore fund shares are not insured by the FDIC, the Federal Reserve Board or any other agency and are subject to investment risk.
1Investing in mid-, small-, micro-cap or non-diversified funds generally will be more volatile and loss of principal could be greater than investing in large-cap or more diversified funds.
2The Westcore Select Fund may participate in the Initial Public Offering (IPO) market, and a significant portion of the Fund’s Since Inception return is attributable to its investment in IPOs, which in turn had a magnified impact due to the Fund’s relatively small asset base. As the Fund’s assets continue to grow, it will be increasingly less likely to experience substantially similar performance by investing in IPOs.
3Investing in foreign securities entails special risks, such as currency fluctuations and political uncertainties.
4The Westcore Flexible Income and Plus Bond Funds are subject to additional risk in that they may invest in high-yield/high-risk bonds and may be subject to greater levels of liquidity risk. Additionally, investing in bonds entails interest rate risk and credit risk.
5The Westcore Colorado Tax-Exempt Fund invests primarily in instruments issued by or on behalf of one state and generally will be more volatile and loss of principal could be greater due to state-specific risk.
The Funds’ Advisor and Administrators have contractually agreed to waive a portion of the investment advisory and/or administration fees and/or to reimburse other expenses for the retail class until at least April 30, 2011. Without fee waivers and expense reimbursements, total return and yield figures would have been lower.
The “Gross” and “Net” Fund Expenses presented include the expenses that each Fund’s shareholders indirectly bear of other funds in which the Fund invests (Acquired Funds). The “Gross” and “Net” Fund Expenses in this table may not correlate to the expense ratios in the Fund’s financial statements (or the financial highlights in the prospectus) because the financial statements include only the direct operating expenses incurred by the Fund, not the indirect costs of investing in the Acquired Funds.
All indices are unmanaged and index performance figures do not reflect any fees, expenses or taxes. Investors cannot invest directly in an index. View index descriptions.
Russell Investments is the source and owner of the Russell Index data. Standard & Poor's is the source and owner of the S&P Index data. MSCI Barra is the source and owner of the MSCI Index data. Barclays Capital is the source and owner of the Barclays Capital Index data. See Terms of Use for additional disclosure.
