X0101 EFFECT 33 LIVE 2010-03-22 11:30:00

N-14

0000830744 MTB GROUP OF FUNDS 333-165001 0000830744 MTB GROUP OF FUNDS S000005530 MTB Balanced Fund C000015042 Class A Shares 0000830744 MTB GROUP OF FUNDS S000005582 MTB Managed Allocation Fund - Aggressive Growth C000015225 Class A Shares 0000830744 MTB GROUP OF FUNDS S000005530 MTB Balanced Fund C000015042 Class A Shares 0000830744 MTB GROUP OF FUNDS S000005583 MTB Managed Allocation Fund - Conservative Growth C000015228 Class A Shares 0000830744 MTB GROUP OF FUNDS S000005530 MTB Balanced Fund C000015042 Class A Shares 0000830744 MTB GROUP OF FUNDS S000005584 MTB Managed Allocation Fund - Moderate Growth C000015231 Class A Shares 0000830744 MTB GROUP OF FUNDS S000005530 MTB Balanced Fund C000015043 Class B Shares 0000830744 MTB GROUP OF FUNDS S000005582 MTB Managed Allocation Fund - Aggressive Growth C000015226 Class B Shares 0000830744 MTB GROUP OF FUNDS S000005530 MTB Balanced Fund C000015043 Class B Shares 0000830744 MTB GROUP OF FUNDS S000005583 MTB Managed Allocation Fund - Conservative Growth C000015229 Class B Shares 0000830744 MTB GROUP OF FUNDS S000005530 MTB Balanced Fund C000015043 Class B Shares 0000830744 MTB GROUP OF FUNDS S000005584 MTB Managed Allocation Fund - Moderate Growth C000015232 Class B Shares