The fund invests primarily in U.S. and foreign equity securities (including common and preferred stock and securities convertible into common stock) and in debt securities. Its investments may include issuers of any market capitalization. Although the fund can invest in companies from any country, it generally focuses on established companies in countries with developed economies. Under normal market conditions, the fund invests at least 40% of its net assets in the securities of, and depositary receipts represented by, foreign issuers.

Nasdaq

CNGLX

Under normal market conditions, the Japan Fund invests at least 80% of its net assets in the securities of, and depositary receipts (including American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs"), and European Depositary Receipts ("EDRs")) represented by, Japanese issuers that are tied economically to Japan. It may also enter into derivative transactions. The fund may use derivative transactions for any purpose consistent with its investment objective, such as for hedging, obtaining market exposure, and generating premium income.

CNJFX

Under normal market conditions, the fund invests at least 80% of its net assets in real estate securities. Investments made by the fund are in issuers in real estate and related industries (i.e., those issuers whose fortunes are impacted by the real estate market). It invests primarily in equity securities (including common stock and preferred stock and securities convertible into common stock) as well as in the debt securities of companies in real estate industries.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
CNGLX	Commonwealth Global Fund	Global Equities	Dec 2, 2002	2.49%	2.47%	2.89%	0.00%
CNJFX	Commonwealth Japan Fund	Japan Equities	Jul 9, 1989	1.75%	-3.14%	2.80%	0.10%
CNREX	Commonwealth Real Estate Securities Fund	REIT	Jan 5, 2004	2.44%	-0.98%	5.67%	0.00%

Commonwealth Intl Series Tr Mutual Funds List

Risk vs. Return Scatterplot