SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934 (Amendment No. )
Filed by the Registrant [x]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to 240.14a-11(c) or 240.14a-12
CLS ADVISORONE FUNDS
(Name of Registrant as Specified In Its Charter)
SAME
(Name of Person(s) Filing Proxy Statement, if other than Registrant)
Payment of Filing Fee (Check the appropriate box):
[x] No fee required
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and
0-11(1).
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
5) Total fee paid:
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
<PAGE>
[CLS ADVISORONE FUNDS LETTERHEAD]
December 3, 1999
Dear Shareholder:
In connection with the Special Meeting of Shareholders to be held on December
22, 1999, the CLS AdvisorOne Funds (the "Trust") began mailing proxy statements
and proxy cards to shareholders on or about November 30, 1999. Your vote is very
important. Please read the proxy statement and return the proxy card, or vote by
mail, telephone or Internet, as soon as possible. Your participation will help
prevent the need for additional costly solicitations.
As more fully described in the proxy statement, shareholders are being asked to
consider and vote on an agreement and plan of reorganization of the Trust and
the ORBITEX Group of Funds. Shareholders also are being asked to consider and
vote on interim advisory agreements.
Please vote promptly. Your vote is very important. If you have any questions
about the proxy statement, proxy card or related matters, please call (888)
455-4244. Shareholders Communication Corporation, a proxy solicitation firm,
will assist the Trust in the proxy solicitation process. Shareholders
Communication Corporation may contact you by phone, mail or Internet about the
matters to be voted on at the Special Meeting of Shareholders. For its
solicitation services, Shareholders Communication Corporation will receive
approximately $3,500 plus expenses from the Trust.
Sincerely,
/s/ W.Patrick Clarke
W. Patrick Clarke
President
