X0101 EFFECT 33 LIVE 2013-02-27 15:30:00

N-14

0001026977 CNI CHARTER FUNDS 333-186096 0001026977 CNI CHARTER FUNDS S000039721 Dividend & Income Fund C000123067 Class N 0001057120 ROCHDALE INVESTMENT TRUST S000005953 Rochdale Dividend & Income Portfolio C000016407 Rochdale Dividend & Income Portfolio 0001026977 CNI CHARTER FUNDS S000039722 Emerging Markets Fund C000123068 Class N 0001057120 ROCHDALE INVESTMENT TRUST S000032471 Rochdale Emerging Markets Portfolio C000100185 Rochdale Emerging Markets Portfolio 0001026977 CNI CHARTER FUNDS S000039723 Fixed Income Opportunities Fund C000123069 Class N 0001057120 ROCHDALE INVESTMENT TRUST S000025813 Rochdale Fixed Income Opportunities Portfolio C000077172 Rochdale Fixed Income Opportunities Portfolio 0001026977 CNI CHARTER FUNDS S000039724 Intermediate Fixed Income Fund C000123070 Class N 0001057120 ROCHDALE INVESTMENT TRUST S000005954 Rochdale Intermediate Fixed Income Portfolio C000016408 Rochdale Intermediate Fixed Income Portfolio