Martin Unterreiner, Portfolio Manager, is primarily responsible for the day to day management of the Fund.Mr. Unterreiner has managed the Fund since its inception in October, 1996.Mr. Unterreiner, a Trustee and Vice President of the Trust, has been a director of the manager since its incorporation in January, 1980 and served as President of the manager from its inception through June 30, 1997.He has also been a director, Vice President and Secretary of the Distributor since July 1, 1997.He is a graduate of St. Louis University where he earned a Bachelor of Science degree in Commerce with a concentration in Economics and a master's degree in Education with a minor in Finance.
Management Fees.During the calendar year ended December 31, 2000, the Fund paid management fees to the manager totaling 0.75% of the average daily net assets of the Fund.For more information about management fees, please see "Investment Adviser and Manager" in the Statement of Additional Information.
How is the Trust organized?
The Fund is an open-end management investment company that is a series of PROACTIVE Asset Allocation Funds trust.