AAM/Cutwater Select Income Fund

Fund Fees

Updated 03.31.2014

Maximum Sales Fees %
Initial 3.0
Deferred

Updated 03.31.2014

Maximum Fees %
Administrative 0.1
Management 0.6
Redemption 2.0

Updated 03.31.2014

Actual Fees %
12b-1 0.25
Management 0.5
Net Expense Ratio: Annual Report 0.99
Net Expense Ratio: Prospectus 0.99

Updated 07.03.2014

Total Cost Projections
3-Year $889.00
5-Year $1,406.00
10-Year $2,822.00

Purchase Information

Updated 11.01.2013

Minimum Investments
Initial $2,500.00
Additional $500.00
Initial IRA $2,500.00
Additional IRA $500.00
Initial AIP $2,500.00
Additional AIP $500.00

Contact Fund

Investment Managers Series Trust (AAM)

Cutwater Asset Management
113 King Street
US 10504

www.aammutualfunds.com