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1 Lipper
Ratings for Consistent Return reflect funds historical
risk-adjusted returns, adjusted for volatility, relative to
peers. Ratings for Consistent Return are computed for all
Lipper classifications with five or more distinct portfolios
and span both equity and fixed income funds (e.g., large-cap
core, general U.S. Treasury, etc.). The ratings are subject
to change every month and are calculated for the following
periods: three-year, five-year, ten-year, and overall. The
overall calculation is based on an equal-weighted average
of percentile ranks for the Consistent Return metrics over
three-, five-, and ten-year periods (if applicable). The highest
20% of funds in each classification are named Lipper Leaders
for Consistent Return, the next 20% receive a rating of 4,
the middle 20% are rated 3, the next 20% are rated 2, and
the lowest 20% are rated 1. More information is available
at www.lipperleaders.com. Lipper Leader Copyright 2004, Reuters,
All Rights Reserved.
Westcore Select
Fund was rated among the following number of Mid-Cap Growth
Equity funds for the following time periods: 500 funds in
the last three years, 413 funds in the last five years and
501 funds in the overall period. With respect to these Mid-Cap
Growth Equity funds, Westcore Select Fund received a Consistent
Return rating of Lipper Leader, 4 and Lipper Leader for the
three-year, five-year and overall periods, respectively.
Westcore Blue
Chip Fund was rated among the following number of Large-Cap
Core Equity funds for the following time periods: 672 funds
in the last three years, 560 funds in the last five years,
290 funds in the last ten years and 677 funds in the overall
period. With respect to these Large-Cap Core Equity funds,
Westcore Blue Chip Fund received a Consistent Return rating
of Lipper Leader, Lipper Leader, 2 and 4 for the three-year,
five-year, ten-year and overall periods, respectively.
Westcore Small-Cap
Value Fund was rated among the following number of Small-Cap
Value Equity funds for the following time periods: 236 funds
in the last three years and 239 funds in the overall period.
With respect to these Small-Cap Value Equity funds, Westcore
Small-Cap Value Fund received a Consistent Return rating of
Lipper Leader for the three-year and overall periods.
2 Lipper
Ratings for Total Return reflect funds historical total
return performance relative to peers. Ratings for Total Return
are computed for all Lipper Global Classifications with five
or more distinct portfolios and span both equity and fixed
income funds (e.g., large-cap core, general U.S. Treasury,
etc.). The ratings are subject to change every month and are
calculated for the following periods: three-year, five-year,
tenyear,
and overall. The overall calculation is based on an equalweighted
average of percentile ranks for the Total Return metrics over
three-, five-, and ten-year periods (if applicable). The highest
20% of funds in each classification are named Lipper Leaders
for Total Return, the next 20% receive a rating
of 4, the middle 20% are rated 3, the next 20% are rated 2,and
the lowest 20% are rated 1. More information is available
at www.lipperleaders.com. Lipper Leader Copyright 2004, Reuters,
All Rights Reserved.
Westcore Plus
Bond Fund was rated among the following number of Intermediate
Investment Grade Fixed Income funds for the following time
periods: 468 funds in the last three years, 396 funds in the
last five years, 192 funds in the last ten years and 468 funds
in the overall period. With respect to these Intermediate
Investment Grade Fixed Income funds, Westcore Plus Bond Fund
received a Total Return rating of Lipper Leader for the three-year,
five-year, 10-year and overall periods.
Westcore Select Fund was rated
among the following number of Mid-Cap Growth funds for the
following time periods: 503 funds in the last three years,
414 funds in the last five years and 503 funds in the overall
period. With respect to these Mid-Cap Growth funds, Westcore
Select Fund received a Total Return rating of Lipper Leader,
4 and Lipper Leader for the three-year, five-year and overall
periods, respectively.
3
Lipper
Ratings for Preservation reflect funds historical loss
avoidance relative to other funds within the same asset class.
Ratings for Preservation are computed from three broad asset
classesequity funds, mixed-equity funds, and bond funds
(e.g., equity includes U.S. diversified, sector, and world
equity funds). The ratings are subject to change every month
and are calculated for the following periods: three-year,
fiveyear, ten-year, and overall. The overall calculation is
based on an equal-weighted average of percentile ranks for
the Preservation metrics over three-, five-, and ten-year
periods (if applicable). The highest 20% of funds in each
classification are named Lipper Leaders for Preservation,
the next 20% receive a rating of 4, the middle 20% are rated
3, the next 20% are rated 2, and the lowest 20% are rated
1. More information is available at www.lipperleaders.com.
Lipper Leader Copyright 2004, Reuters, All Rights Reserved.
Westcore Blue
Chip Fund was rated among the following number of Large-Cap
Core Equity funds for the following time periods: 8898 funds
in the last three years, 7215 funds in the last five years,
3200 funds in the last ten years and 8898 funds in the overall
period. With respect to these Large-Cap Core Equity funds,
Westcore Blue Chip Fund received a Preservation rating of
Lipper Leader, Lipper Leader, 4 and Lipper Leader for the
three-year, five-year, ten-year and overall periods, respectively.
Westcore Plus
Bond Fund was rated among the following number of Intermediate
Investment Grade Fixed Income funds for the following time
periods: 4175 funds in the last three years, 3677 funds in
the last five years, 2351 funds in the last ten years and
4175 funds in the overall period. With respect to these Intermediate
Investment Grade Fixed Income funds, Westcore Plus Bond Fund
received a Total Return rating of Lipper Leader for the three-year,
five-year, 10-year and overall periods.
5 Lipper
Ratings for Expense reflect funds expense minimization
relative to peers with similar load structures. Ratings for
Expense are computed for all Lipper Global Classifications
with five or more distinct portfolios and span both equity
and fixed income funds (e.g., large-cap core, general U.S.
Treasury, etc.). The ratings are subject to change every month
and are calculated for the following periods: three-year,
five-year, ten-year, and overall. The overall calculation
is based on an equal-weighted average of percentile ranks
for the Expense metrics over three-, five-, and ten-year periods
(if applicable). The highest 20% of funds in each classification
are named Lipper Leaders for Expense, the next 20% receive
a rating of 4, the middle 20% are rated 3, the next 20% are
rated 2, and the lowest 20% are rated 1. More information
is available at www.lipperleaders.com. Lipper Leader Copyright
2004, Reuters, All Rights Reserved.
Westcore Plus
Bond Fund was rated among the following number of Intermediate
Investment Grade Fixed Income funds for the following time
periods: 151 funds in the last three years, 130 funds in the
last five years, 77 funds in the last ten years and 151 funds
in the overall period. With respect to these Intermediate
Investment Grade Fixed Income funds, Westcore Plus Bond Fund
received an Expense rating of Lipper Leader for the three-year,
five-year, ten-year and overall periods.
Westcore Flexible
Income Fund was rated among the following number of High Current
Yield Fixed Income funds for the following time periods: 126
funds in the last three years, 112 funds in the last five
years, 62 funds in the last ten years and 126 funds in the
overall period. With respect to these Hight Current Yield
Fixed Income funds, Westcore Flexible Income Fund received
an Expense rating of Lipper Leader for the three-year, five-year,
ten-year and overall periods.
Westcore Colorado
Tax-Exempt Fund was rated among the following number of Single
State Municipal Fixed Income funds for the following time
periods: 337 funds in the last three years, 333 funds in the
last five years, 295 funds in the last ten years and 337 funds
in the overall period. With respect to these Single State
Municipal Fixed Income funds, Westcore Colorado Tax-Exempt
Fund received an Expense rating of Lipper Leader for the three-year,
five-year, ten-year and overall periods. The Single State
Category is a culmination of multiple single state categories.
**
The Funds' Adviser and Administrators have contractually agreed
to waive a portion of the investment advisory and/or administration
fees and/or to reimburse other expenses from April 30, 2007
until at least April 29, 2008, so that Net Annual Fund Operating
Expenses will be no more than quoted for the current fiscal
year. You will be notified if these waivers and/or reimbursements
are discontinued after that date resulting in a material change
in expense ratio. The waivers are described in more detail
in the prospectus.
Westcore
fund shares are not insured by the FDIC, the Federal Reserve
Board or any other agency and are subject to investment risk.
An investor should
consider investment objectives, risks, charges and expenses
of the Fund(s) carefully before investing. Click here for
a prospectus,
which contains this and other important information. Please
read the prospectus carefully before investing.
Westcore Funds
are distributed by ALPS Distributors, Inc.
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