Fund Description

The fund was incepted in September 1990 and is managed by WM Advisors, Inc. The fund seeks to provide long-term capital growth and to generate income for its investors. To pursue this objective, the fund primarily invests at least 30% and no more than 70% of its net assets in both the Equity Funds and the Fixed-Income Funds. The fund may invest up to 40% of its assets in each of the Short-term Income, U.S. Government Securities, Income, High Yield and Money Market Funds. The fund may also invest up to 30% of its assets in each of the Equity Income, Growth & Income, West Coast Equity, Growth, Small Cap Stock, Mid Cap Stock and International Growth Funds. The fund offers dividends quarterly and capital gains annually.