As of: Wednesday, July 28, 2010 | CLSAX: $11.55 CLERX: $9.15 CLDEX: $8.98 CLEIX: $10.42 CLFLX: $10.31 CLHAX: $8.82 CHRVX: $9.96 CLBLX: $8.62 CLACX: $10.55 CLSHX: $9.80

The AdvisorOne Funds

By investing in the AdvisorOne Funds, investors are gaining an entire portfolio of investments, not just a single mutual fund. The Funds combine a diversified portfolio of selected mutual funds into a single fund to bring active and Index-Based Money Management into your Portfolio.

Amerigo Fund Amerigo seeks capital appreciation and long-term growth of capital without regard to current income.	Select Allocation Fund The Select Allocation Fund seeks to provide growth of capital and total return.	Clermont Fund The objective of the Clermont Fund is a combination of current income and growth of capital.	Descartes Fund The objective of the Descartes Fund is long-term growth of capital without regard to current income.	Liahona Fund The objective of the Liahona Fund is growth of capital and current income.
Reservoir Fund The objective of the Reservoir Fund is current income.	Enhanced Income Fund The objective of the Enhanced Income Fund is total return, consisting of capital growth and income.	Flexible Income Fund The objective of the Flexible Income Fund is total return, consisting of capital growth and income, consistent with preservation of capital.	Select Appreciation Fund The objective of the Select Appreciation Fund is long-term growth.	Shelter Fund The objective of the Select Appreciation Fund is long-term growth.

Current NAV

Amerigo

CLSAX

$11.55

7/28/10

Clermont

CLERX

$9.15

7/28/10

Descartes

CLDEX

$8.98

7/28/10

Enhanced Income

CLEIX

$10.42

7/28/10

Flexible Income

CLFLX

$10.31

7/28/10

Liahona

CLHAX

$8.82

7/28/10

Reservoir

CHRVX

$9.96

7/28/10

Select Allocation

CLBLX

$8.62

7/28/10

Select Appreciation

CLACX

$10.55

7/28/10

Shelter

CLSHX

$9.80

7/28/10

Index-Based Money Management
For many investors, the reason NOT to invest in a diversified, well-balanced portfolio is lack of money. Professionally managed, diversified portfolios often have a hefty minimum account size and steep management fee. In addition, it would be costly to attempt to mirror one of these professionally managed portfolios on your own.

The AdvisorOne Funds Portfolios were created as fundamental building blocks for investors’ portfolios. The principles of asset allocation used to manage these portfolios are the same principles used by some of the largest pension funds in the United States. Each of these portfolios has two unique features that make it an excellent core holding...

Prospectus

Annual Report

Statement of Additional Information

Semi-Annual Report

Investors should carefully consider the investment objectives, risks, charges and expenses of the AdvisorOne Funds. Other fees and expenses do apply to a continued investment in the fund. This and other information about AdvisorOne Funds is contained in the prospectus, which can be obtained by calling (866) 811-0225 and should be read carefully before investing.
The AdvisorOne Funds are distributed by Northern Lights Distributors, LLC Member SIPC
©2007 AdvisorOne Funds. All rights reserved. Contact us at (866) 811-0225.
Home | Request Info | Privacy

Information provided at advisoronefunds.com is intended only for persons who are eligible to purchase U.S.-registered investment funds. Investments are not FDIC-insured nor are they deposits of or guaranteed by a bank or any other entity, so you may lose money. For more complete information about any of the AdvisorOne Funds, risks, charges and expenses, please obtain the applicable prospectus. Please read it carefully before you invest or send money. Maintain.

0093-AFD-1/26/2007