Multi-Factor Small Cap Growth FundPLTIXShare Class

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Overview Portfolio ~~Strategy / Process~~ Performance Team Fees

investment strategy / process

The PNC Multi-Factor Small Cap Growth Fund seeks long-term capital appreciation by investing in common stocks of U.S. companies with market caps matching the benchmark^. Using an analytical process together with fundamental research methods, the team rates the performance potential of companies and buys those stocks that it believes offer the best prospects for superior performance relative to the securities of comparable companies. The portfolio team may choose to invest in initial public offerings (IPO’s), the performance of which is unpredictable and the effect of which may not be duplicated during periods in which the Fund does not invest in IPO’s.

^The market cap range of the benchmark frequently changes. As a result, the capitalization of companies in which the Fund invests may also change.

Investment Risk

Investments in small capitalization companies present greater risk of loss than investments in large companies due to greater volatility and less liquidity.

*Sector weightings and top ten holdings are subject to change, for illustrative purposes only and are not a permanent reflection of the fund.

Asset Allocation (%)

EQUITY	99.67
CASH EQUIVALENTS & OTHER	0.33

Asset Allocation weightings may not total 100%

Sector Weightings (%)*

Healthcare	25.55
Information Technology	24.59
Consumer Discretionary	18.03
Industrials	13.82
Financials	5.24
Energy	4.13
Materials	2.57
Consumer Staples	2.42
Cash & Cash Equivalents	2.28
Utilities	1.37

Monthly Morningstar
Ratings

Portfolio Management

	Hitesh C. Patel, Ph.D. Managing Director, Structured Equity
	Paul Kleinaitis, CFA Senior Portfolio Manager, Structured Equity

Downloads

Fund Factsheet
Prospectus

NOT FDIC INSURED | NO BANK OR FEDERAL GOVERNMENT GUARANTEE | MAY LOSE VALUE

You should consider the investment objectives, risks, charges and expenses of the PNC Funds carefully before investing. A prospectus may be downloaded and viewed with this and other information about the Funds or may be obtained by contacting an investment professional or by calling 1-800-622-FUND (3863). Please read it carefully before you invest or send money.

PNC Capital Advisors, LLC, a subsidiary of The PNC Financial Services Group Inc., serves as investment adviser and co-administrator to PNC Funds and receives fees for its services. Shares of PNC Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with PNC and is not a bank.

©2010 The PNC Financial Services Group, Inc. All rights reserved.