In The News...

The Olstein Funds

"Looking Behind the Numbers"

Frequently Asked Questions

We have set up this page to answer some frequently asked questions regarding the Olstein All Cap Value Fund. If you do not see your question answered below, you can always send an email to us at info@olsteinfunds.com. We appreciate your interest in our mutual fund.

Please note that this page is optimized for the Microsoft Internet Explorer browser. If you are using the Netscape Navigator browser, you may have to manually scroll down the page to view the questions and answers.

We have prepared a special 2005 Year End Tax Guide that provides answers to many year-end questions relevant to mutual fund shareholders.

Must I purchase your fund through a broker?

What is the difference between your Class C and Adviser Share?

I don't want to use the services of a fee-based planner...Can I still purchase your Adviser Class share?

What is your minimum initial and subsequent investment?

What type of accounts do you offer?

Do you offer Section 529 accounts?

Do you offer on-line account access?

I have moved...Can I E-Mail you my new address?

Do you offer an automatic investment plan?

Is your Fund offered through Schwab?

How do I find out information on your proxy voting procedures or how you voted your proxies?

Must I purchase your fund through a broker?

It is not necessary to purchase shares of the Olstein All Cap Value Fund through a broker. If you wish to invest directly, please proceed to our Request Literature page for a prospectus and application. However, we believe that it important to have professional advice when planning your investment strategy. Since we cannot provide investment advice directly to individual investors, we believe that a financial professional can help you to plan a balanced overall investment plan.

What is the difference between your Class C and Adviser Share?

Our Class C share is the Fund's original share class, sold since the Fund's inception. It is available either through a brokerage firm or directly from the Fund. The Fund's Adviser Class share is not sold directly to the public. It is only available through financial advisors and brokerage firms that charge an asset-based annual fee for their services.

I don't want to use the services of a fee-based planner...Can I still purchase your Adviser Class share?

We are sorry, but we are not able to offer our Adviser Class share directly to you. However, we encourage you to refer to our Class C share, which is invested in the same portfolio of securities as our Adviser Class share. Or, consider retaining a fee-based financial advisor or signing up for an eligible brokerage program that charges an asset-based annual fee. Please refer to our prospectus for additional information.

What is your minimum initial and subsequent investment?

The minimum initial investment is $1,000. The minimum subsequent investment amount is $100.

What type of accounts do you offer?

The Olstein Funds currently offers the following types of non-retirement accounts: Individual, Joint, Uniform Gift to Minors, Corporation, Trust (including ERISA), Partnership and Other Entity. We also offer the following retirement and tax-deferred accounts: IRA, IRA Rollover, Roth IRA, Conversion Roth IRA, SEP IRA, SIMPLE IRA, and Coverdell Education Savings Account. Please note that additional documentation may be required for certain account types. Please refer to our Request Literature page for forms and documentation. Please note that we do not offer 403b, Prototype Pension and Prototype Profit Sharing accounts. However, many of the brokerage firms that offer the Olstein Funds do offer these accounts.

Do you offer Section 529 accounts?

The Olstein Funds are not currently offered as part of a Section 529 college savings plan. However, you may be interested in opening a Coverdell Education Savings Account (formerly known as an Education IRA). You will find forms and literature regarding the Coverdell Education Savings Account by going to our Request Literature page. Please note that Coverdell Education Savings Accounts are subject to certain restrictions, and as such, you might want to consult with a tax professional.

Do you offer on-line account access?

We do not offer on-line account access at this time. If you are interested in frequently obtaining your Olstein Funds account information, you do have several options. You can access your account information 24 hours a day through our automated telephone system. Our system can provide you with account balances and recent transaction information, along with giving you the option to order your statements or year end tax documents. Of course, you can speak with a representative during our regular business hours (currently Monday - Friday 9:00 AM - 8:00 PM Eastern Time). Another option would be to open an account with a brokerage firm that provides its clients with on-line account access. We are constantly evaluating the services offered to our shareholders, and may offer on-line capabilities in the future.

I have moved...Can I E-Mail you my new address?

Due to the non-secure nature of E-Mail, we can not accept address change requests sent via E-Mail. Address change requests must be submitted to us in writing, and signed by all account owners. You should note your old and new addresses, plus update your telephone number so that we can contact you with any questions. Please mail your request to: The Olstein Funds, P.O. Box 701, Milwaukee, WI 53201-0701. Once your request has been processed, we will mail you a confirmation letter.

Do you offer an automatic investment plan?

Yes, we do offer an automatic investment plan. Once you have opened your account with the minimum investment, you can arrange to have periodic investments ($100 minimum) made in the Olstein Funds taken directly from your checking or savings account. Simply complete the appropriate section on our Purchase Application, or if you are an existing shareholder, contact shareholder services at (800) 799-2113 for additional information. We do not charge a fee for this service. Though the plan does not assure a profit and does not protect against a loss in a declining market, the plan does enable you to invest on a regular basis providing an easy and systematic approach to investing.

Is your Fund offered through Schwab?

No, the Olstein All Cap Value Fund is not currently offered through Schwab. However, the Fund is offered through most major brokerage firms (click here for a partial list). Or, you can invest directly with the Fund by proceeding to our Request Literature page. We look forward to welcoming you as a shareholder.

How do I find out information on your proxy voting procedures or how you voted your proxies?

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities, as well as a record of how the Fund has voted its proxies, are available without charge, upon request, by calling toll-free (800) 799-2113 or through the SEC website.

Don't see your question answered here? Then just drop us a line at info@olsteinfunds.com, and we will respond to you directly. Periodically, we will update this page to provide you with the most up-to-date information. Complete fund information is available in our prospectus.

An investor should consider the Olstein All Cap Value 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.

These materials are not an offer to sell or a solicitation to buy any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase, or sale may not lawfully be made. Important legal information - please read the disclaimer before proceeding.

Send mail to webmaster@olsteinfunds.com with questions or comments about this web site.