Westwood Management Corp.

Westwood Management Corp. is the investment adviser for the Westwood family of SEC registered mutual funds consisting of:

Westwood Short Duration High Yield Fund (Institutional WHGHX)
Westwood LargeCap Value Fund (Institutional WHGLX, Class A WWLAX)
Westwood SMidCap Fund (closed to new investors) (Institutional WHGMX)
Westwood SMidCap Plus Fund (Institutional WHGPX)
Westwood SmallCap Value Fund (Institutional WHGSX)
Westwood Income Opportunity Fund (Institutional WHGIX, Class A WWIAX)
Westwood Balanced Fund (Institutional WHGBX)
Westwood Dividend Growth Fund (Institutional WHGDX)

*Formerly known as the WHG Funds

Westwood Management was founded in 1983 by Susan M. Byrne, Chairman and Chief Investment Officer. Westwood Management is a wholly owned subsidiary of Westwood Holdings Group, Inc., which is listed on the New York Stock Exchange under the ticker symbol “WHG”.

• We are a well-established firm with a singular focus on team-based value and income investing

• Senior members of the investment team have worked together for over a decade and investment team members have an average of 15 years experience

• We have over $11.7 Billion in assets under management

• We have a culture of integrity, ethics, and solid corporate governance and adhere to strict internal controls

For more information on Westwood, please visit us at http://www.westwoodgroup.com.

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The Westwood Funds is/are available to U.S. investors only and may not be available in all states. The Westwood Funds is/are distributed by SEI Investments Distribution Co. SEI Investments Distribution Co. is not affiliated with Westwood Holdings Group, Inc. or any other affiliate.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund's prospectus which may be obtained by clicking here or by calling 1-877-FUND-WHG. Please read the prospectus carefully before investing.

Mutual fund investing involves risk, including the possible loss of principal.


























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May 19, 2012