An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the PNC Advantage Money Market Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Funds. The Funds are not guaranteed or insured by PNC Bank. The dividend yield paid by the PNC Advantage Money Market Funds will vary with the changes in short term interest rates. The value of debt securities within each Fund’s portfolio may be affected by the ability of the issuer to make principal and interest payments. The Adviser has voluntarily agreed to waive fees and reimburse expenses to the extent necessary to maintain a minimum daily net yield for the Fund. This voluntary advisory fee waiver and expense reimbursement may be changed or terminated by the Adviser at any time. Please refer to a current prospectus for additional fee information.