The same investment philosophy and disciplined approach that PCM uses in managing its separate accounts is employed in the active management of its mutual funds.

Mutual fund investing involves risk. Principal loss is possible. Before you invest in the Fund, please refer to the prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-888-229-9448. The prospectus should be read carefully before you invest or send money. The Fund is distributed by Pinnacle Investments, LLC member FINRA/SIPC.

FINRA’s BrokerCheck: Check the background of Pinnacle Investments, LLC, on FINRA’s BrokerCheck.

The XBRL files can only be read with special viewer software. Additional information on the XBRL language and a free version of the viewer software is available on the SEC’s website at

Please note that the XBRL file does not include all of the information contained in the Prospectus or Summary Prospectus. To access the full text of a Prospectus or Summary Prospectus, click on the link for the Prospectus or Summary Prospectus.

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