Investors should consider the investment objectives, risks, charges and expenses of the CNL Global Real Estate Fund carefully before investing. This and other important information is contained in the prospectuses (CNL GLobal Real Estate Fund Prospectus - April 30 2009), which can also be obtained from your financial advisor and should be read carefully before investing. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity.

Distributor: Foreside Fund Services, LLC

National Sales & Marketing Agent:
CNL Securities Corp,
Member FINRA/SIPC.

©2009 The CNL Funds™. All Rights Reserved.