Advantage Institutional Government Money Market FundPAVXXShare Class

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

Average Annual Total Returns (%)

as of 12/31/2011

Class I performance does not include the effects of sales charges.

	7 DAY YIELDS								INCEPTION	EXPENSE RATIOS
	CURRENT	EFFECTIVE	1 MO	YTD	1YR	3YR	5YR	10YR	(10/1/09)	GROSS	NET
I-Shares Advantage Institutional Government Money Market	0.03	0.03	0.00	0.03	0.03	--	--	--	0.05	0.30	0.07
iMoneyNet, Inc. U.S. Government & Agencies Average	--	--	0.00	0.01	0.01	0.04	1.25	1.53

Quick Stats

as of 12/31/2011

Inception	10/1/2009
Ticker	PAVXX
CUSIP	73015P203
Net Assets	$98,563,639
WAM	45.64 days As of 2/03/2012

Morningstar Style

Daily Price

as of 2/3/12

NAV	POP	Chg ($)	Chg (%)
$1.00	$1.00	$0.00	0.00%

Monthly Morningstar
Ratings

Risk/Reward Chart

Portfolio Management

	Andrew D. Harding Managing Director, Chief Investment Officer/Fixed Income
	Richard J. Stevenson Portfolio Manager
	Patrick J. Azouri, CFA Portfolio Manager
	Kelley Peel Portfolio Manager

Downloads

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 or summary prospectus with this and other information may be obtained at 1-800-622-FUND (3863) or pncfunds.com. Please read it carefully before investing.

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.

©2012 The PNC Financial Services Group, Inc. All rights reserved.

Advantage Institutional Government Money Market FundPAVXXShare Class select IAS