Advantage Institutional Government Money Market FundPAVXXShare Class

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

Average Annual Total Returns (%)

as of 7/31/2010

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	0.05	0.05	0.00	0.03	--	--	--	--	0.05	0.23	0.21
iMoneyNet, Inc. U.S. Government & Agencies Average	--	--	0.00	0.01	0.02	1.19	2.37	2.13

Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here.

Quick Stats

as of 7/31/2010

Inception	10/1/2009
Ticker	PAVXX
CUSIP	73015P203
Net Assets	$15,005,569

Morningstar Style

Daily Price

as of9/9/10

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

Monthly Morningstar
Ratings

Risk/Reward Chart

Portfolio Management

	Andrew D. Harding Chief Investment Officer, Fixed Income
	Mark A. Lozina, CFA Senior 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 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.

Advantage Institutional Government Money Market FundPAVXXShare Class select IAS