Each of these investment vehicles is different, and they differ in a variety of
ways. For example: Real estate investments can be illiquid. Government bonds'
and Treasury Bills' income and principal are based upon the full faith and
credit of the U.S. Government. Stocks can be more volatile, but provide the
potential for growth and income.
You should carefully consider the investment objectives, risks, charges ,and
expenses of the Wells Dow Jones U.S. REIT Index Fund before investing. The prospectus
contains this and other information about the Wells Dow Jones U.S. REIT Index Fund. Call
Wells Real Estate Funds at 800-448-1010, or click here for a copy of the
prospectus. You should read the prospectus carefully before investing.
Please click to review the Wells DJ U.S. REIT Index Fund
Statement of Additional Information and
Annual Report.
The fund's concentrated holdings in the real estate sector of the stock market
make it less diversified across industries than many mutual funds; therefore, changes in the economy
effecting real estate will usually result in greater impact on the fund's
performance.
Be advised that investments in real estate and in REITs have various risks
including tenant vacancies and devaluations based upon adverse economic and
regulatory changes.
As of May 1, 2009 the Fund will track the Dow Jones U.S. Select Real Estate Investment Trust Index (having the same membership requirements and methodology as the Dow Jones Wilshire U.S. REIT Index (DJW U.S. Index.) The Fund exchanged its holdings to parallel the DJW U.S.Index as of December 5, 2007; from its inception date until December 4, 2007, the fund positioned its holdings to parallel the S&P REIT Index.
"Dow Jones" and "Dow Jones U.S. Select Real Estate Investment Trust (REIT) Index"
SM are service marks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by Wells Family of Real Estate Funds. The Wells Family of Real Estate Funds product named Wells Dow Jones U.S. REIT Index Fund is based upon the Dow Jones U.S. Select REIT Index
SM, but not sponsored, endorsed, sold or promoted by Dow Jones, and Dow Jones makes no claims as to the advisability of investing in such a product. Dow Jones has no relationship to the Wells Family of Real Estate Funds, other than the licensing of its service marks, Dow Jones U.S. Select REIT Index and Dow Jones Global Select Real Estate Securities Index (RESI), for use in connection with the
Wells Dow Jones U.S. REIT Index Fund and
Wells Dow Jones Global RESI Index Fund.
