HighMark Funds

To determine if the Funds are an appropriate investment for you, carefully consider the Funds' investment objectives, risk factors, charges and expenses which can be found in the prospectus along with other important information. A prospectus may be obtained by clicking here or by calling 1.800.433.6884. Please read the prospectus carefully before investing.

Mutual fund investing involves risk, including possible loss of principal. HighMark Funds Distributors, Inc., an affiliate of BNY Mellon Distributors Inc., is the principal underwriter of the HighMark Funds. HighMark Capital Management, Inc., a registered adviser, is a wholly owned subsidiary of Union Bank, N.A., and serves an investment adviser for HighMark Funds. Union Bank, 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.

This is a publication of HighMark Capital Management, Inc. The articles and opinions in this publication are for general information only and are not intended to provide specific advice or recommendations for any individual. Entire publication © HighMark Capital Management, Inc. 2006. HighMark Capital Management, Inc. is a subsidiary of Union Bank, N.A. and serves as investment adviser for HighMark Funds. Investments in HighMark Capital Management strategies are not deposits, are not guaranteed by any government agency and involve risk, including loss of principal. All rights reserved.