Mutual fund investing involves risk, including possible loss of principal. HighMark Funds are distributed by PFPC Distributors, Inc. It is anticipated that HighMark Funds Distributor, Inc., an affiliate of PFPC Distributors, Inc., will become principal underwriter of the HighMark Funds on or about May 2008. HighMark Capital Management, Inc., a registered adviser, is a wholly owned subsidiary of Union Bank of California, N.A., and serves as investment adviser for HighMark Funds. Union Bank of California, N.A., a subsidiary of UnionBanCal Corporation, provides certain services to the Funds and is compensated for these services. NO BANK GUARANTEE, NOT FDIC INSURED, MAY LOSE VALUE.  There is no guarantee that the Funds will meet their stated objectives.
Carefully consider the Funds’ investment objectives, risk, and charges and expenses. This and other information can be found in the Funds’ prospectus, which may be obtained by calling 1.800.433.6884 or by clicking here. Read the prospectus carefully before investing.