Fremont Bond Fund

Consistent investment performance is achieved by avoiding extreme swings in maturity/duration of a portfolio.

The Managers Fremont Bond Fund seeks total return consistent with preservation of capital by employing PIMCO’s "Total Return" fixed investment philosophy. This philosophy follows three key principles:

1. Major shifts in portfolio strategy are driven by longer-term, or secular, trends as opposed to short-term interest rate fluctuations.
2. Consistent investment performance is achieved by avoiding extreme swings in maturity/duration of a portfolio.
3. Emphasis is placed on adding value through state-of-the-art tools such as futures, options and volatility analysis.

Investors should carefully consider the fund's investment objectives, risks, charges, and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses and the returns and yields on the indices exclude expenses. Current performance of the Fund may be lower or higher than the performance quoted.