LKCM Aquinas Value Fund
Investment Goal: To maximize long-term capital appreciation, while incorporating Catholic values investing principles in the investment process.
Investment Strategy: The Fund seeks to achieve its objective by primarily selecting investments that LKCM believes to be undervalued relative to a company's earnings growth rate.

The Fund invests in equity securities, which include common stocks, preferred stocks, securities convertible into common stocks, rights, and warrants.

LKCM's primary strategy in managing the Fund is to select securities that generally have below average price to earnings ratios, low price to cash flow characteristics, attractive dividend yields and/or lower price to book value ratios than the overall market.




3 Month
YTD
1 Yr		 Since Inception
7-11-05
LKCM Value Fund -2.47% -9.49% -10.85%   5.38%
Russell 1000 Value Index -5.31%  -13.57%  -18.78%   2.98%
Lipper Large Cap Value Index -3.40% -12.62% -16.53%   3.87%
Data as of 6-30-2008
The Gross Expense Ratio is 1.50%

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an invesor's shares, when redeemed, may be worth more or less than their original cost.  Fund performance current to the most recent month-end may be lower or higher than the performance quoted and can be obtained by calling 1-800-423-6369.  The fund imposes a 1.00% redemption fee on shares held less than 30 days, and if reflected, the fee would reduce the performance shown.


Portfolio Managers
J. Luther King, Jr. Mr. King has been President, Principal and Portfolio Manager for LKCM since 1979. He shares the day-to-day management of the LKCM Aquinas Value, Growth, Small Cap, and Fixed Income Funds.
Paul W. Greenwell Mr. Greenwell has been Vice President and Portfolio Manager for LKCM since 1983 and Principal since 1986. He shares the day-to-day management of the LKCM Aquinas Value, Growth, Small Cap, and Fixed Income Funds.
Steven R. Purvis Mr. Purvis has been Vice President and Portfolio Manager of LKCM since 1996 and Principal since 2004. He shares the day-to-day management of the LKCM Aquinas Value Fund.


NAVDaily Change
$11.81$0.22

Data as of Jul 08 2008




This chart does not imply any future performance


Price To Earnings Ratio:
A valuation ratio of a company's current share price compared to its per-share earnings

Price To Cash Flow:
A measure of the market's expectations of a firm's future financial health. Share Price/Cash Flow per Share

Price to Book Value:
A ratio used to compare a stock's market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share.

The Russell 1000 Value Index is an unmanaged index consisting of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values.

The Lipper Large-Cap Value Funds Index is an unmanaged index consisting of large-cap value funds that, by portfolio practice, invest at least 75% of their equity assets in companies with market capitalizations (on a three-year weighted basis) greater than 300% of the dollar-weighted median market capitalization of the middle 1,000 securities of the S&P SuperComposite 1500 Index. Large-cap value funds typically have a below-average price-toearnings ratio, price-to-book ratio and three-year sales-per-share growth value, compared to the S&P 500 Index.

It is not possible to invest directly in an index.

Please refer to the prospectus for important information about the investment company, including investment objectives, risks, charges, and expenses.

The LKCM Aquinas Funds are offered only to United States residents, and information on this site is intended only for such persons.  Nothing on this Web site should be considered a solicitation to buy or an offer to sell shares of any LKCM Aquinas Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Mutual fund investing involves risk; loss of principal is possible. Since the Adviser considers other factors in addition to traditional investment criteria when selecting portfolio securities, it may forego a profitable investment opportunity or sell a security when it may be disadvantageous to do so.

The LKCM Aquinas Funds are distributed by Quasar Distributors, LLC.