Prospectus

Before opening an account, and for more complete information regarding the Elite Mutual Funds, obtain a prospectus by clicking the link below. Investors should consider the investment objectives, risks, charges and expenses of a mutual fund before investing. The prospectus contains this and other information about the Elite Funds. Read the prospectus carefully before you invest or send money. Also be sure to read other important disclosure information in the section entitled legal info and important company policies, including the Code of Ethics, in the section entitled policies.

Prospectus Information

Document Title	Last Update	PDF	XBRL
Elite Funds Prospectus	Feb. 2012	PDF	XBRL
Statement of Additional Information	Feb. 2012	PDF

Elite’s Financial Reports are available in PDF format and require Adobe Acrobat Reader to view

What are XBRL Files? : eXtensible Business Reporting Language. The XBRL file above can only be read with special viewer software. Additional information on the XBRL language and a free version of the viewer software is available on the SEC’s website at xbrl.sec.gov. Please note that the XBRL file does not include all of the information contained in the Prospectus or Summary Prospectus. To access the full text of a Prospectus or Summary Prospectus, click on the link for each fund in the Prospectus or Summary Prospectus columns above.

If you have any questions, please don’t hesitate to email McCormick Capital Management (MCM): mcminfo@mcmelite.com or call us Monday – Friday, 7:30 am through 4:30 pm, PST at 1.800.423.1068.