To seek as high a level of current income as is consistent with liquidity and preservation of capital.
|AUM (as of 3/31/13)||$444,084,127|
|Minimum Investment in IRA||$1,000|
|Minimum Subsequent Investment||$100|
|Maximum Sales Load||None1|
|Distribution (12b-1) Fees*||0.25%|
|Total Annual Fund Operating Expenses*1||0.82%|
|Fee Waiver/Expense Reimbursement*1||-0.07%|
|Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement*1, 2||0.75%|
|* As reported in the May 1, 2013 Prospectus.|
1 An expense limitation with respect to the Fund's Total Annual Fund Operating Expenses is imposed pursuant to a written agreement to limit the Total Annual Fund Operating Expenses (excluding expenses indirectly incurred by the Fund through investments in pooled investment vehicles, interest, taxes, investment-related expenses (e.g., brokerage commissions), and extraordinary expenses) to 0.75% for Class A shares, 1.50% for Class C shares, and 1.15% for Class K shares. This expense limitation will continue through April 30, 2014, and cannot be terminated by RS Investments prior to that date.
2 Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement do not reflect voluntary waivers and thus are higher than "Net Ratio of Expenses to Average Net Assets" in the Financial Highlights.