PNC TREASURY MONEY MARKET FUND (First Prospectus Summary) | PNC TREASURY MONEY MARKET FUND

PNC TREASURY MONEY MARKET FUND

INVESTMENT OBJECTIVE

The Fund seeks to provide high current income consistent with stability of
principal and liquidity.

FUND FEES AND EXPENSES

The following table describes the fees and expenses that you may pay if you buy
and hold Fund shares.

Shareholder Fees (fees paid directly from your investment)

Shareholder Fees	PNC TREASURY MONEY MARKET FUND CLASS A
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)	none
Maximum Deferred Sales Charge (Load) (as a percentage of net asset value)	none
Maximum Sales Charge (Load) Imposed on Reinvested Dividends and Other Distributions (as a percentage of offering price)	none
Redemption Fee (as a percentage of amount redeemed, if applicable)	none
Exchange Fee	none

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses		PNC TREASURY MONEY MARKET FUND CLASS A
Management Fees		0.25%
Distribution (12b-1) Fees	[1]	0.03%
Shareholder Servicing Fees		0.25%
Other		0.11%
Other Expenses		0.36%
Total Annual Fund Operating Expenses		0.64%

Example

This Example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in Class A Shares of the Fund for the time periods indicated and
then redeem all of your shares at the end of those periods. The Example also
assumes that your investment has a 5% return each year, and that the Fund's
operating expenses remain the same, except that the contractual limitation on
Distribution (12b-1) Fees for Class A Shares is reflected only in the one year
period below. Although your actual costs may be higher or lower, based on these
assumptions your costs would be:

Expense Example (USD $)	Expense Example, with Redemption, 1 Year	Expense Example, with Redemption, 3 Years	Expense Example, with Redemption, 5 Years	Expense Example, with Redemption, 10 Years
PNC TREASURY MONEY MARKET FUND CLASS A	65	220	388	876

PRINCIPAL INVESTMENT STRATEGIES

Under normal circumstances, the Fund invests exclusively in short-term direct
obligations of the U.S. Treasury, such as Treasury bills and notes, and in other
money market funds that invest exclusively in such obligations. The Fund will
provide shareholders with at least 60 days' written notice before it will adopt
a policy that will permit the Fund to invest less than 100% of its net assets
plus any borrowings for investment purposes in such securities.

As a money market fund, the Fund invests only in instruments with remaining
maturities of 397 days or less as determined under Rule 2a-7 of the Investment
Company Act of 1940, including variable and floating rate obligations with
longer maturities that are deemed to have remaining maturities of 397 days or
less in accordance with Rule 2a-7 due to interest rate resetting provisions
and/or demand features. The Fund's dollar-weighted average maturity will not
exceed 60 days and the Fund's dollar-weighted average life will not exceed 120
days.

PRINCIPAL RISKS

Credit Risk. The values of debt securities or other instruments may be affected
by the ability of issuers or the respective counterparties to make principal and
interest payments or otherwise meet their obligations to the Fund. If an issuer
cannot or will not meet its payment obligations or if its credit rating is
lowered, the values of its debt securities or other instruments may fall.

Interest Rate Risk. The value of a debt security typically changes in the
opposite direction from a change in interest rates. When interest rates go up,
the value of a debt security typically goes down. When interest rates go down,
the value of a debt security typically goes up. Generally, the longer the
maturity or duration of a debt security (or a portfolio of such securities), the
more the value of that security (or portfolio of securities) will change as a
result of changes in interest rates.

Money Market Fund Risk. A Fund's ability to maintain a $1.00 per share net asset
value ("NAV") at all times could be affected by a sharp rise in interest rates
causing the value of a Fund's investments and its share price to drop, a drop in
interest rates that reduces the Fund's yield or the downgrading or default of
any of the Fund's holdings. The Adviser and its affiliates are under no
obligation to support the share price of the Fund. The failure of any money
market fund to maintain a stable net asset value could create a widespread risk
of increased redemption pressures on all money market funds, including the Fund,
potentially jeopardizing the stability of their net asset values. In general,
certain other money market funds have in the past failed to maintain stable net
asset values and there can be no assurance that such failures and resulting
redemption pressures will not impact the Fund in the future. The Securities and
Exchange Commission ("SEC") recently adopted amendments to its rules relating to
money market funds. Among other changes, the amendments impose more stringent
average maturity limits, higher credit quality standards and new liquidity
requirements on money market funds. Although these amendments are designed to
reduce the risks associated with investments in money market funds, they also
may reduce a money market fund's yield potential. The SEC or other regulatory
authorities may adopt additional reforms to money market regulation, which
reforms may impact the operations and performance of the Fund.

All investments are subject to inherent risks, and an investment in the Fund is
no exception. Your investment in the Fund is not a bank deposit and is not
insured or guaranteed by the Federal Deposit Insurance Corporation or any other
government agency. Although the Fund seeks to preserve the value of your
investment at $1.00 per share, it is possible to lose money by investing in the
Fund.

PERFORMANCE INFORMATION

The bar chart and the performance table below provide some indication of the
risks of investing in the Fund by showing changes in the performance of the
Fund's Class A Shares from year to year. The performance table measures
performance in terms of the average annual total returns of the Fund's Class A
Shares. As with all mutual funds, the Fund's past performance does not predict
the Fund's future performance. Updated information on the Fund's performance can
be obtained by visiting http://pncfunds.com/
Funds_Performance/Fund_Snapshot/FundID_364/
Overview.fs or by calling 1-800-622-FUND (3863). The Fund's 7-day yield as of
December 31, 2011 was 0.01%.

Calendar Year Total Returns

Best Quarter        1.11%   (12/31/2006)    
Worst Quarter       0.00%   (12/31/2011)    

The Fund's year-to-date total return for Class A Shares through June 30, 2012
was 0.01%.

AVERAGE ANNUAL TOTAL RETURNS (For the periods ended December 31, 2011)

Average Annual Total Returns	1 Year	5 Years	10 Years
PNC TREASURY MONEY MARKET FUND CLASS A	0.01%	1.00%	1.34%

[1] The Fund may reimburse expenses up to a maximum of 0.10% under the Fund's distribution plan for Class A Shares. The Board of Trustees has approved a contractual commitment whereby such reimbursements will be no more than the Distribution (12b-1) Fees stated in the table above for the Fund. This commitment continues through September 27, 2013, at which time the Board will determine whether to renew, revise or discontinue it.