Osterweis Capital Management

Strategic Investment Fund

Literature

Fund Literature

In the Press

Morningstar.com Analyst Report November 2010
Press Release: The Osterweis Strategic Investment Fund blends two proven Osterweis strategies September 2010
Morningstar.com Fund Spy August 2010

Regulatory Reports

Open an Account

After reading the prospectus, please click on the links below to download an application.

Applications & Forms

Regular Account

Regular/Taxable accounts for Individuals, Joint, Gifts to Minors, Corporation/Trust, Partnership, or other entity.

IRA Account

Regular, Roth, SEP, SIMPLE, Transfer or Rollover IRA account. Please read the IRA and Coverdell Disclosure Statement & Custodial Agreement.

Coverdell Education Savings Account (CESA)

Please read the IRA and Coverdell Disclosure Statement & Custodial Agreement.

IRA or CESA Transfer Form

Transfer an existing IRA or CESA to the Osterweis Funds.

Beneficiary Change Form

Change your beneficiaries for Regular, Roth, SEP and SIMPLE IRA’s.

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This net expense ratio is an annualized figure based on actual expenses accrued during the as-of month. This figure does not include any Acquired Fund Fees and Expenses (AFFE) that may be included in the Total Fund Expenses shown in the Prospectus and elsewhere on this website. During the period noted, fee waivers or expense reimbursements were in effect for the Strategic Investment Fund.

The Osterweis Funds are available by prospectus only. The Funds’ investment objectives, risks, charges and expenses must be considered carefully before investing. The summary and statutory prospectuses contain this and other important information about the Funds. You may obtain a summary or statutory prospectus by calling toll free at (866) 236-0050, or by clicking here. Please read the prospectus carefully before investing to ensure the Fund is appropriate for your goals and risk tolerance.

Mutual fund investing involves risks. Loss of principal is possible.

The Osterweis Strategic Investment Fund may invest in small- and mid-capitalization companies, which tend to have limited liquidity and greater price volatility than large-capitalization companies. The Fund may invest in foreign securities, which will involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund may invest in Master Limited Partnerships, which involve risk related to energy prices and demand. The Fund may invest in debt securities that are un-rated or rated below investment grade. Such lower-rated securities may present an increased possibility of default, price volatility or illiquidity compared to higher-rated securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.

While the fund is no-load, management fees and other expenses still apply. Please refer to the prospectus for more information.

Osterweis Capital Management is the adviser to the Osterweis Funds, which are distributed by Quasar Distributors, LLC.