The Olstein Funds

"Looking Behind the Numbers"

Important Legal Information

In accessing information from The Olstein Fund's website ("Olstein website"), you agree to the following:

This webiste was created by Olstein Capital Management, L.P. (formerly Olstein &Associates, L.P.), Advisor and Distributor of the Olstein Funds (collectively referred to as "Olstein") to provide shareholders, potential shareholders, financial professionals, the media, and others  with general information about The Olstein Funds, and the opinions of its Advisor.  The information and opinions expressed on the Olstein website are provided without any warranty of any kind, either express or implied.  For more specific information, one should consult The Olstein Fund's Prospectus, Statement of Additional Information, and most recent financial statements.

The entire content of the Olstein website is subject to copyright with all rights reserved.  All other trademarks are the property of their respective owners.   You may not reproduce (in whole or part), transmit (electronic or otherwise), modify, link into, or use for any commercial or public purpose the Olstein website without the prior written permission of Olstein.  You may download or print a hard copy of individual pages or sections of the Olstein website provided you do not remove any copyright or other proprietary notices.  Copying or downloading any materials or software on the Olstein website does not transfer the title of such materials to you.

Nothing on the Olstein website should be construed as a solicitation, offer, or recommendation to acquire or dispose of any investment, or to engage in any other transaction.  Furthermore, nothing on the Olstein website constitutes investment, legal, tax or other advice, and should not be relied upon in making an investment or other decision.  You should obtain relevant and specific professional advice before making any investment decision.

So that our shareholders receive the benefit of our investment advice (as opposed to the general public), Olstein at its discretion, may choose to delay the posting of various information to the Olstein website.  Such information may include the Fund's top ten holdings, etc.  This will not preclude Olstein from publishing certain information that is required by applicable regulatory agencies such as the NASD or SEC.

Olstein uses reasonable efforts to obtain information from sources it believes to be reliable, however Olstein makes no representation that the information or opinions contained in the Olstein website are accurate, reliable, or complete.  In no event, including (without limitation) negligence, will Olstein be liable for any loss or damage of any kind, including (without limitation) any direct, indirect, or consequential damages, even if expressly advised of the possibility of such damages, arising out of or in connection with the access of, use of, performance of, browsing in, or linking to other sites from the Olstein website.

In accessing certain links on the Olstein website, you may leave the Olstein website.  Olstein has not reviewed any of the websites linked to the Olstein website and does not endorse, or accept any responsibility for the content of such websites nor the products, services, or other items offered through such websites.

The Olstein website is not directed to any person in any jurisdiction where (by reason of that person's nationality, residence or otherwise) the publication or availability of the Olstein website is prohibited.  Persons in respect of whom such prohibitions apply must not access the Olstein website.

The Olstein Funds has adopted a Privacy Policy.   Be sure to review it prior to becoming a shareholder.

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The Olstein Funds (The Olstein All Cap Value Fund and The Olstein Strategic Opportunities Fund) are distributed by Olstein Capital Management, L.P., 4 Manhattanville Road, Purchase, NY  10577-2119   Telephone: (914) 269-6100.  Member NASD and SIPC.

An investor should consider the Fund's investment objectives, risks, charges and expenses before investing. For this and other information you may contact your investment representative, call (800) 799-2113 or click here to download a free prospectus. Please read the prospectus carefully before investing. Past performance is no guarantee of future results.