0001398344-13-000883.txt : 20130219 0001398344-13-000883.hdr.sgml : 20130219 20130215095216 ACCESSION NUMBER: 0001398344-13-000883 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20130215 DATE AS OF CHANGE: 20130215 EFFECTIVENESS DATE: 20130215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST PACIFIC MUTUAL FUND INC /HI/ CENTRAL INDEX KEY: 0000837351 IRS NUMBER: 000000000 STATE OF INCORPORATION: HI FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-05631 FILM NUMBER: 13617726 BUSINESS ADDRESS: STREET 1: 2756 WOODLAWN DR STREET 2: STE 6-201 CITY: HONOLULU STATE: HI ZIP: 96822 BUSINESS PHONE: 8089888088 MAIL ADDRESS: STREET 1: 503 BLACKBIRD DRIVE CITY: HOCKESSIN STATE: DE ZIP: 19707-2053 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST PACIFIC MUTUAL FUND INC /HI/ CENTRAL INDEX KEY: 0000837351 IRS NUMBER: 000000000 STATE OF INCORPORATION: HI FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-23452 FILM NUMBER: 13617727 BUSINESS ADDRESS: STREET 1: 2756 WOODLAWN DR STREET 2: STE 6-201 CITY: HONOLULU STATE: HI ZIP: 96822 BUSINESS PHONE: 8089888088 MAIL ADDRESS: STREET 1: 503 BLACKBIRD DRIVE CITY: HOCKESSIN STATE: DE ZIP: 19707-2053 0000837351 S000004837 Hawaii Municipal Fund C000013095 Hawaii Municipal Fund Investor Class SURFX 0000837351 S000032611 First Pacific Low Volatility Fund C000100552 First Pacific Low Volatility Fund Investor Class LOVIX 485BPOS 1 fp000485bpos-xbrl.htm fp000485bpos-xbrl.htm


SEC File Number 811-05631
033-23452

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC   20549

FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

Post-Effective Amendment No. 39

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT
OF 1940

Amendment No. 40

FIRST PACIFIC MUTUAL FUND, INC.
(Exact name of Registrant as Specified in Charter)

2756 Woodlawn Drive, #6-201, Honolulu, Hawaii   96822
(Address of Principal Executive Office)

Registrant's telephone number, including area code:  (808) 988-8088

Terrence Lee, President; First Pacific Mutual Fund, Inc.;
2756 Woodlawn Drive, #6-201, Honolulu, Hawaii  96822
(Name and Address of Agent for Service)

Please send copies of all communications to:
Roy W. Adams, Jr.
370 Park Street, Suite 2
Moraga, CA  94556

Approximate Date of Proposed Public Offering:
It is proposed that this filing will become effective
(check appropriate box)

 
__X__
immediately upon filing pursuant to paragraph (b)
 
_____
on ___________ pursuant to paragraph (b)
 
_____
60 days after filing pursuant to paragraph (a)(1)
 
_____
on ___________ pursuant to paragraph (a)(1)
 
_____
75 days after filing pursuant to paragraph (a)(2)
 
_____
on ___________ pursuant to paragraph (a)(2) of Rule 485
 
_____
this post-effective amendment designates a new effective date for a previously filed post-effective amendment

 
 

 

EXPLANATORY NOTE
This Post-Effective Amendment No. 39 to the Company's Registration Statement on Form N-1A is filed for the sole purpose of submitting the XBRL exhibits for the risk/return summary first provided in Post-Effective Amendment No. 38 filed January 30, 2013 and incorporates Parts A, B and C from said amendment.
 
 
 

 
 
SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended ("Securities Act") and the Investment Company Act of 1940, as amended, the Fund certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment No. 39 to its registration statement under Rule 485(b) under the Securities Act and has duly caused this Amendment No. 40 to its registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Honolulu, and State of Hawaii on the 15th day of February, 2013.

 
FIRST PACIFIC MUTUAL FUND, INC.
     
 
By:
/s/ Terrence K.H. Lee
   
Terrence K.H. Lee, President and CEO
 
Pursuant to the requirements of the Securities Act, this Post-Effective Amendment No. 39 to its registration statement has been signed below by the following persons in the capacities and on the date indicated.

/s/ Terrence K.H. Lee
 
Chairman, Director,
February 15, 2013
Terrence K.H. Lee
 
President and CEO
 
       
/s/ Clayton W.H. Chow*
 
Director
February 15, 2013
Clayton W.H. Chow
     
       
/s/ Lynden M. Keala*
 
Director
February 15, 2013
Lynden M. Keala
     
       
/s/ Stuart S. Marlowe*
 
Director
February 15, 2013
Stuart S. Marlowe
     
       
/s/ Nora B. Simpson
 
Treasurer
February 15, 2013
Nora B. Simpson
 
(Chief Financial Officer)
 
       
/s/ Karen T. Nakamura*
 
Director
February 15, 2013
Karen T. Nakamura
     
       
/s/ Kim F. Scoggins*
 
Director
February 15, 2013
Kim F. Scoggins
     
 
*
Signed as attorney-in-fact pursuant to a Power of Attorney filed herewith.
 
 
 

 
 
FIRST PACIFIC MUTUAL FUND, INC.
POWER OF ATTORNEY

The undersigned officers and Directors of the First Pacific Mutual Fund, Inc. (the “Corporation”) hereby appoint each of Terrence K. H. Lee and Nora Simpson as attorney-in-fact and agents, with the power, to execute, and to file any of the documents referred to below relating to the registration of the Corporation as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”) and the registration of the Corporation’s securities under the Securities Act of 1933, as amended (the “Securities Act”). including the Corporation’s Registration Statement on Form N-1A or Form N-14, any and all amendments thereto, including all exhibits and any documents required to be filed with respect thereto with any regulatory authority, including applications for exemptive order rulings and proxy materials.  Each of the undersigned grants to each of the said attorneys full authority to do every act necessary to be done in order to effectuate the same as fully, to all intents and purposes, as he could do if personally present, thereby ratifying all that said attorney-in-fact and agent may lawfully do or cause to be done by virtue hereof.

The undersigned Director hereby executes this Power of Attorney as of this 6th day of February, 2013.
 
Name
 
Title
     
/s/ Terrence K.H. Lee
 
President, CEO, Director, Chairman
Terrence K. H. Lee
   
 
/s/ Clayton W.H. Chow
 
 
Director
Clayton W. H. Chow
 
   
/s/ Lynden M. Keala
 
Director
Lynden M. Keala
 
   
/s/ Stuart S. Marlowe
 
Director
Stuart S. Marlowe
 
   
/s/ Karen T. Nakamura
 
Director
Karen T. Nakamura
   
 
/s/ Kim F. Scoggins
 
 
Director
Kim F. Scoggins
   
 
 
 

 
 
EXHIBIT INDEX

Exhibit No.
Exhibit
EX-101.INS
XBRL Instance Document
EX-101.SCH
XBRL Taxonomy Extension Schema Document
EX-101.DEF
XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB
XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE
XBRL Taxonomy Extension Presentation Linkbase
EX-101.INS 2 firstpacific-20130201.xml XBRL INSTANCE DOCUMENT 0000837351 2013-02-01 2013-02-01 0000837351 firstpacific:S000032611Member 2013-02-01 2013-02-01 0000837351 firstpacific:S000032611Member firstpacific:C000100552Member 2013-02-01 2013-02-01 0000837351 firstpacific:S000032611Member firstpacific:C000100552Member rr:AfterTaxesOnDistributionsMember 2013-02-01 2013-02-01 0000837351 firstpacific:S000032611Member firstpacific:C000100552Member rr:AfterTaxesOnDistributionsAndSalesMember 2013-02-01 2013-02-01 0000837351 firstpacific:S000032611Member firstpacific:djmapiMember 2013-02-01 2013-02-01 0000837351 firstpacific:S000032611Member firstpacific:sp500Member 2013-02-01 2013-02-01 0000837351 firstpacific:S000032611Member firstpacific:bcmbiMember 2013-02-01 2013-02-01 iso4217:USD pure shares iso4217:USD shares 0000837351 FIRST PACIFIC MUTUAL FUND INC /HI/ 485BPOS false <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:left">SUMMARY SECTION</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>INVESTMENT OBJECTIVE</U></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">The investment objective of the First Pacific Low Volatility Fund (the "Fund") of First Pacific Mutual Fund, Inc. ("Company") is to achieve long-term capital appreciation and preservation of capital while lowering volatility.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>FEES AND EXPENSES OF THE FUND</U></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">This table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</p> <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column dei_LegalEntityAxis compact firstpacific_S000032611Member ~ </div> 0 <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact firstpacific_S000032611Member ~ </div> 0.01 0.0015 0.0082 0.0004 0.001 0.0068 0.0197 -0.0035 0.0162 <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Example</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">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 you invest $10,000 in the Fund for the time periods indicated and then redeem all 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. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</p> <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/ExpenseExample column dei_LegalEntityAxis compact firstpacific_S000032611Member ~ </div> 165 584 1030 2268 <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Portfolio Turnover</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">The Fund pays transaction costs when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 82%.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>PRINCIPAL INVESTMENT STRATEGIES</U></p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Normally investing primarily in equity securities of U.S. companies.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Investing in large, medium and/or small capitalization securities, primarily with market capitalizations at the time of purchase of $2 billion or greater.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Under normal circumstances, the Fund will allocate a portion of its total assets to structured notes, which are specially designed debt instruments, the terms of which are determined by the purchaser or issuer, and whose principal or interest payments may be linked to, and whose value would rise or fall in response to, the value of an index (such as a securities, commodity or currency index), a basket of securities, interest rate benchmark or other financial asset. The structured notes in which the Fund may invest typically have a &quot;buffer&quot; or principal protection whereby the issuer guarantees full or partial payment of principal on maturity. In some cases the Fund may invest in structured notes that pay an amount based on a multiple of the relative change in value of the asset or reference. This type of note increases the potential for income but at a greater risk of loss than a typical debt security of the same maturity and credit quality. Structured notes are synthetic instruments and the holder has no claim on the asset of reference.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Writing and purchasing covered call and put options.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Investing in exchange-traded funds and mutual funds that invest in domestic or foreign securities.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Investing in either &quot;growth&quot; stocks or &quot;value&quot; stocks or both.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Investing in foreign securities, including companies included in the Morgan Stanley Capital International (&quot;MSCI&quot;) World Index. Additionally, foreign securities may include companies that are listed on an exchange in an emerging market country, that have at least 50% of their assets in an emerging market country, or that derive at least 50% of their revenues or profits from goods produced or sold, investments made, or services performed in an emerging market country. An emerging market country is any country included in the MSCI Emerging Markets Index.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Investing in shares of real estate investment trusts (REITs).</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Investing in fixed income securities (such as investment grade corporate debt securities, U.S. Government obligations, and other investment grade securities with varying maturities and duration), short-term debt instruments and/or cash equivalents.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Investing in convertible bonds and convertible preferred stock.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">The Fund generally purchases securities using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions. The Fund generally sells securities for a number of reasons, including when, in the Investment Manager's opinion, the security has achieved its value potential, changing fundamentals signal a deteriorating value potential, other securities display a better value potential, to maintain Fund diversification, or to raise funds to cover redemptions.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>PRINCIPAL RISKS</U></p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Stock Market Volatility Risk - Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market can react differently to these developments.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Allocation Risk - The Fund could lose money as a result of less than optimal decisions as to how its assets are allocated or reallocated.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Derivatives Risk - A derivative is an instrument whose value is derived from an underlying contract, index or security, or any combination thereof, including structured notes and options.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Structured Notes Risk - Structured notes are subject to interest rate risk. They are also subject to credit risk with respect both to the issuer and, if applicable, to the underlying security. The price of structured notes may be volatile and they may have a limited trading market, making it difficult to value them or sell them at an acceptable price. In exchange for the issuer's guarantee of full or partial payment of principal on maturity, the upside return the Fund could achieve on its investment may be capped or limited and the issuer's guarantee is generally available only if the Fund holds the structured note to maturity. There may be higher fees and costs associated with structured notes than other types of investments. In some cases, the Fund may enter into agreements with an issuer of structured notes to purchase a minimum amount of those notes over time. Structured notes are also subject to counterparty risk, which is the risk that the other party to the transaction will not fulfill its contractual obligations.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 11pt Consolas; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-family: Symbol">&#183;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Options Risk - Writing and purchasing call and put options are highly specialized activities and entail greater than ordinary investment risks. The successful use of options depends in part on the future price fluctuations and the degree of correlation between the options and the securities markets. The value of the Fund's positions in options will fluctuate in response to changes in the value of the underlying security or index, as applicable. The Fund also risks losing all or part of the cash paid for purchasing call and put options. Portfolio assets covering written options cannot be sold while the option is outstanding, unless replaced with similar assets. As a result there is a possibility that segregation of a large percentage of the Fund's assets could affect its portfolio management as well as the ability of the Fund to meet redemption requests or other current obligations. The Fund may also write and purchase call and put options in combination with each other. Combined options involve multiple trades and therefore have higher transaction costs. Unusual market conditions or the lack of a ready market for any particular option at a specific time may reduce the effectiveness of the Fund's option strategies. Over-the-counter options may be considered illiquid and are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with the Fund.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></td></tr></table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Exchange-Traded Fund Risk - An ETF may trade at a discount to its net asset value. Investors in the Fund will indirectly bear fees and expenses charged by the underlying ETFs in which the Fund invests in addition to the Fund's direct fees and expenses. The Fund will also incur brokerage costs when it purchases shares of ETFs. In addition, the Fund will be affected by losses of the underlying ETF and the level of risk arising from the investment practices of the underlying ETF.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Interest Rate Change Risk - Debt securities have varying levels of sensitivity to changes in interest rates. In general, the price of a debt security can fall when interest rates rise and can rise when interest rates fall. Securities with longer maturities and mortgage securities can be more sensitive to interest rate changes.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Foreign Exposure Risk - Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and the less stringent investor protection and disclosure standards of some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Emerging Markets Risk - The risks associated with foreign investments are heightened when investing in emerging markets. The governments and economies of emerging market countries feature greater instability than those of more developed countries. Such investment tend to fluctuate in price more widely and to be less liquid than other foreign investments.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Issuer-Specific Changes Risk - Changes in the financial condition of an issuer or counterparty, changes in specific economic or political conditions that affect a particular type of security or issuer, and changes in general economic or political conditions can increase the risk of default by an issuer or counterparty, which can affect a security's or instrument's credit quality or value. The value of securities of smaller, less well-known issuers can be more volatile than that of larger issuers. Lower-quality debt securities (those of less than investment-grade quality) and certain types of other securities tend to be particularly sensitive to these changes.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Large Capitalization Securities Risk - The Fund and certain of the underlying funds are subject to the risk that large capitalization stocks may underperform other segments of the equity market or the equity market as a whole.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Market Risk - There is no guarantee that the Fund's investment objective will be met. The Fund's yield, share price and investment return can fluctuate so you may receive more or less than your original investment upon redemption. Loss of money is a risk of investing in the Fund.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Small and Mid-sized Capitalization Securities Risk - The value of securities of smaller, less well-known issuers can perform differently from the market as a whole and other types of stocks and can be more volatile than that of larger issuers. Such companies may have limited product lines, markets or financial resources and may lack management depth. The trading volume of securities of smaller capitalization companies is normally less than that of larger capitalization companies, and therefore may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger capitalization companies. Some small capitalization stocks may be illiquid.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Fixed Income Risk - An underlying fund's investment in fixed income securities will change in value in response to interest rate changes and other factors, such as the perception of the issuer's creditworthiness. For example, the value of fixed income securities will generally decrease when interest rates rise, which may cause the value of the Fund to decrease. In addition, an underlying fund's investment in fixed income securities with longer maturities will fluctuate more in response to interest rate changes.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Fund of Funds Risk - By investing in the underlying funds indirectly through the Fund, an investor will incur not only a proportionate share of the expenses of the underlying funds held by the Fund (including operating costs and management fees), but also expenses of the Fund. Consequently, an investment in the Fund entails more direct and indirect expenses than a direct investment in the underlying funds.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Investment in Investment Companies Risk - Investing in other investment companies, including ETFs, subjects the Fund to those risks affecting the investment company, including the possibility that the value of the underlying securities held by the investment company could decrease. Moreover, the Fund will incur its pro rata share of the expenses of the underlying investment companies' expenses.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">REIT Risk - The value of equity REITs may be affected by changes in the value of the underlying property owned by the REITs, while the value of mortgage REITs may be affected by the quality of any credit extended. Investment in REITs involves risks similar to those associated with investing in small capitalization companies, and REITs (especially mortgage REITs) are subject to interest rate risks. Because REITs incur expenses like management fees, investments in REITs also add an additional layer of expenses.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</p> <p style="font: 11pt Consolas; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif">&nbsp;</font></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>PERFORMANCE</U></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart illustrates how Fund performed in the past year. The Fund's past performance before and after taxes is not necessarily an indication of future performance. The following table shows how the Fund's average annual total returns for the periods indicated compared to those of the Dow Jones Moderately Aggressive Portfolio Index, the S&amp;P 500 Index and the Barclays Capital U.S. Aggregate Index. Updated performance information for the Fund is available by calling (808) 988-8088 or (800) 354-9654. </p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Your own after-tax returns will depend on your tax situation and may differ from those shown here. After-tax returns are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.</p> <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/BarChartData column dei_LegalEntityAxis compact firstpacific_S000032611Member ~ </div> 0.056 <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">During the period shown in the bar chart, the Fund's highest quarterly return was 7.49% for the quarter ended March 31, 2012 and the lowest quarterly return was -2.79% for the quarter ended December 31, 2012.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>Average Annual Total Returns for the periods ended December 31, 2012</U></p> <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/PerformanceTableData row primary compact * column dei_LegalEntityAxis compact firstpacific_S000032611Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * ~</div> 0.056 0.0095 2011-06-10 0.0524 0.0073 2011-06-10 0.0371 0.007 2011-06-10 0.1397 0.0558 2011-06-10 0.16 0.1012 2011-06-10 0.0422 0.0555 2011-06-10 LOVIX The "Total Annual Fund Operating Expenses" do not correlate to the ratio of expenses to average net assets in the Financial Highlights which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. 2014-01-31 0.82 Loss of money is a risk of investing in the Fund. Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund. The following bar chart and table provide some indication of the risks of investing in the Fund. 808-988-8088 or 800-354-9654 The Fund's past performance before and after taxes is not necessarily an indication of future performance. highest quarterly return 2012-03-31 0.0749 lowest quarterly return 2012-12-31 -0.0279 The benchmark index was changed during 2012 from the S&P 500 Index and the Barclays Capital U.S. Aggregate Index to the Dow Jones Moderately Aggressive Portfolio Index because the Dow Jones index is made up of composite indexes representing stocks, bonds and cash and the Investment Manager believes it is more reflective of the Fund's management style and investments of the Fund's portfolio than either of the S&P or Barclays indexes. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 2013-02-01 2013-01-30 2013-02-01 2012-09-30 The "Total Annual Fund Operating Expenses" do not correlate to the ratio of expenses to average net assets in the Financial Highlights which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. The Investment Manager has agreed to waive 0.35% of its 1.00% management fees through January 31, 2014. The benchmark index was changed during 2012 from the S&P 500 Index and the Barclays Capital U.S. Aggregate Index to the Dow Jones Moderately Aggressive Portfolio Index because the Dow Jones index is made up of composite indexes representing stocks, bonds and cash and the Investment Manager believes it is more reflective of the Fund's management style and investments of the Fund's portfolio than either of the S&P or Barclays indexes. 0000837351 firstpacific:S000004837Member 2013-02-01 2013-02-01 0000837351 firstpacific:S000004837Member firstpacific:C000013095Member 2013-02-01 2013-02-01 0000837351 firstpacific:S000004837Member firstpacific:C000013095Member rr:AfterTaxesOnDistributionsMember 2013-02-01 2013-02-01 0000837351 firstpacific:S000004837Member firstpacific:C000013095Member rr:AfterTaxesOnDistributionsAndSalesMember 2013-02-01 2013-02-01 0000837351 firstpacific:S000004837Member firstpacific:bcusaiMember 2013-02-01 2013-02-01 <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:left">SUMMARY SECTION</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>INVESTMENT OBJECTIVE</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">The investment objective of the Hawaii Municipal Fund (the "Fund") of First Pacific Mutual Fund, Inc. ("Company") is to provide a high level of current income exempt from federal and Hawaii state income taxes, consistent with preservation of capital and prudent investment management.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>FEES AND EXPENSES OF THE FUND</U></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">This table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</p> <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column dei_LegalEntityAxis compact firstpacific_S000004837Member ~ </div> 0 <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact firstpacific_S000004837Member ~ </div> 0.005 0.0015 0.0039 0.001 0.0029 0.0104 <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Example</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">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 you invest $10,000 in the Fund for the time periods indicated and then redeem all 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. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</p> <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/ExpenseExample column dei_LegalEntityAxis compact firstpacific_S000004837Member ~ </div> 106 331 574 1271 <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Portfolio Turnover</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">The Fund pays transaction costs when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>PRINCIPAL INVESTMENT STRATEGY</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Under normal circumstances, the Fund will invest at least 80% of its net assets, including borrowings for investment purposes, in a portfolio of primarily investment grade municipal securities issued by or on behalf of the State of Hawaii or any of its political subdivisions or agencies that pay interest that is exempt from regular federal and State of Hawaii income tax. The Fund's dollar-weighted average portfolio maturity is expected to be 10 years or more. More than 25% of the Fund's assets may be invested in a particular segment of the municipal securities market. The Investment Manager attempts to select securities that it believes will provide the best balance between risk and return within the Fund's range of allowable investments. The Fund purchases municipal securities that the Investment Manager believes have the best value compared to securities of similar credit quality and maturity range. The Fund generally sells municipal securities for a number of reasons, including a change in credit quality, to extend or shorten maturity, to increase yield or to raise funds to cover redemptions.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>PRINCIPAL RISKS</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Market Risk - There is no guarantee that the Fund's investment objective will be met. The Fund's yield, share price and investment return can fluctuate so you may receive more or less than your original investment upon redemption. Loss of money is a risk of investing in the Fund.</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Interest Rate Risk - The net asset value of the Fund may change as interest rates fluctuate. When interest rates increase, the net asset value could decline. When interest rates decline, the net asset value could increase. In general, when interest rates rise, municipal securities prices tend to fall and when interest rates fall, municipal securities prices tend to rise. The price volatility of a debt security also depends on its maturity. Generally, the longer the maturity of a debt security, the greater its sensitivity to interest rates.</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Credit Risk - The securities in the Fund's portfolio are subject to credit risk, which is the ability of municipal issuers to meet their payment obligations.</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Call Risk - The securities in the Fund's portfolio are subject to call risk, which is the risk that changes in interest rates may cause certain municipal securities to be paid off much sooner or later than expected, which could adversely affect the Fund's value.</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">State Concentration Risk - The Fund is subject to the additional risk that it concentrates its investments in instruments issued by or on behalf of the State of Hawaii or any of its political subdivisions or agencies. Due to the level of investment in municipal obligations issued by the State of Hawaii and its political subdivisions and agencies, the performance of the Fund will be closely tied to the economic and political conditions in the State of Hawaii. Therefore an investment in the Fund may be riskier than investment in other types of municipal securities funds.</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Municipal Security Risk - Municipal security prices can be significantly affected by political changes, as well as uncertainties in the municipal market related to taxation, legislative changes or the rights of municipal security holders. Because many municipal securities are issued to finance similar projects, especially those relating to education, healthcare, transportation and utilities, conditions in these sectors can affect municipal bond prices.</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund.</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">Tax Risk - Unfavorable changes in tax laws, adverse interpretations by the Internal Revenue Service or state tax authorities, or noncompliant conduct of a bond issuer could impact the tax-free income distributed by the Fund. In addition, some income may be subject to the federal alternative minimum tax.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><U>PERFORMANCE</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart illustrates how the Fund's performance has varied from year to year over the past 10 years. The Fund's past performance before and after taxes is not necessarily an indication of future performance. The following table shows how the Fund's average annual total returns for the periods indicated compared to those of Barclays Capital Municipal Bond Index. Updated performance information for the Fund is available by calling (808) 988- 8088 or (800) 354-9654.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Your own after-tax returns will depend on your tax situation and may differ from those shown here. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.</p> <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/BarChartData column dei_LegalEntityAxis compact firstpacific_S000004837Member ~ </div> 0.054 0.0379 0.0229 0.0387 0.0212 -0.0498 0.122 0.0119 0.0801 0.0632 <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify">During the periods shown in the bar chart, the Fund's highest quarterly return was 5.09% for the quarter ended September 30, 2009 and the lowest quarterly return was -3.31% for the quarter ended December 31, 2010.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0pt; text-align:justify"><u>Average Annual Total Returns for the periods ended December 31, 2012</p> <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/PerformanceTableData row primary compact * column dei_LegalEntityAxis compact firstpacific_S000004837Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * ~</div> 0.0632 0.0438 0.0393 0.0632 0.0437 0.0392 0.0519 0.0425 0.0388 0.0678 0.0591 0.051 SURFX 0.23 Loss of money is a risk of investing in the Fund. Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund. The following bar chart and table provide some indication of the risks of investing in the Fund. 808-988-8088 or 800-354-9654 The Fund's past performance before and after taxes is not necessarily an indication of future performance. highest quarterly return 2009-09-30 0.0509 lowest quarterly return 2010-12-31 -0.0331 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. EX-101.SCH 3 firstpacific-20130201.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT EX-101.DEF 4 firstpacific-20130201_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 5 firstpacific-20130201_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE Share Class [Axis] Performance Measure [Axis] Prospectus [Table] All Classes Average Annual Return, Column Name Series [Axis] All Series All Prospectus Prospectus [Axis] Creation Date Effective Date Period End Date Trading Symbol Expense Example, 1 YEAR Expense Example, No Redemption, 1 YEAR Expense Example, 3 YEARS Expense Example, No Redemption, 3 YEARS Expense Example, 5 YEARS Expense Example, No Redemption, 5 YEARS Expense Example, 10 YEARS Expense Example, No Redemption, 10 YEARS 1 Year 1 Year 3 Years 3 Years 5 Years 5 Years 10 Years 10 Years CIK Registrant Name Document Type Amendment Am.Description Prospectus Date S000032611Member First Pacific Low Volatility Fund S000004837Member Hawaii Municipal Fund C000100552Member First Pacific Low Volatility Fund Investor Class C000013095Member Hawaii Municipal Fund Investor Class Risk/Return: Risk/Return Investment objective: Investment objective Secondary objectives Fees and expenses of the fund: Fees and expenses of the fund, narrative Shareholder fees, caption Shareholder fees, table Shareholder Fees (fees paid directly from your investment) Maximum Cumulative Sales Charge / Other Maximum Sales Charge Imposed on Purchases (as a percentage of offering price) Maximum deferred sales charge (load) (as a percentage of the offering price) Maximum deferred sales charge (as a percentage of the amount redeemed) Maximum sales charge (load) imposed on reinvested dividends Redemption Fee (on shares redeemed within 90 days of purchase) Redemption Fee {neg} Redemption Fees Redemption Fee Exchange Fee (as a percentage of net assets) Exchange Fee Maximum Account Fee (as a percentage of net assets) Maximum annual account fee Other Fees (as a percentage of net assets) Annual fund operating expenses, heading Annual fund operating expenses, table Management Fees Distribution (12b-1) Fees Distribution or similar (non 12b-1) Fees (as a percentage of net assets) Acquired Fund Fees and Expenses Shareholder Servicing Fee All Other Expenses Other Expenses Acquired Fund Fees and Expenses (as a percentage of net assets) Total Annual Fund Operating Expenses Fee Waiver Total Annual Fund Operating Expenses (after fee waiver) Portfolio turnover, heading Portfolio turnover, narrative Portfolio Turnover Rate Expense Footnotes Deferred Charges, Narrative Range of Exchange Fees, Narrative Expense Breakpoint Discounts Expense Breakpoint, Minimum Investment Required Expense Exchange Traded Fund Commissions Expenses Represent Both Master and Feeder Expenses Explanation of Nonrecurring Account Fee Other Expenses, New Fund, Based on Estimates Acquired Fund Fees and Expenses, Based on Estimates Expenses Other Expenses Had Extraordinary Expenses Been Included Expenses Restated to Reflect Current Expenses Not Correlated to Ratio Due to Acquired Fund Fees Example, heading Expense Example, with Redemption, heading Expense Example, Narrative Expense Example, with Redemption, Caption Expense Example, with Redemption, table Expense Example, Column Name Expense Example, No Redemption, Narrative Expense Example, No Redemption, Caption Expense Example, No Redemption, table Expense Example, No Redemption, Column Name Expense Example Footnotes Expense Example Closing Strategy, Heading Strategy, Narrative Portfolio Concentration Risk, Heading Risk, Narrative Risk Footnotes Risk Closing May Lose Money Date Of Termination Risk, Nondiversified Risk, Money Market Fund Not Insured Depository Institution Risk Caption Risk Column Name Risk Bar Chart and Performance Table, Heading Performance, Narrative Performance, Information Illustrates Variability of Returns Performance, One Year or Less Performance, Additional Market Index Performance, Availability by Phone Performance, Availability at Web Site Address Performance, Past Does Not Indicate Future Bar Chart, Heading Bar Chart, Narrative Bar Chart, Does Not Reflect Sales Loads Bar Chart Annual Return, Caption Annual Return, Inception Date 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Bar Chart, Footnotes Bar Chart, Closing Bar Chart, Reason Selected Class Different from Immediately Preceding Period Bar Chart, Returns for Class Not Offered in Prospectus Year to Date Return, Label Year to Date Return, Date Year to Date Return Highest Quarterly Return, Label Highest Quarterly Return Date Highest Quarterly Return Lowest Quarterly Return, Label Lowest Quarterly Return Date Lowest Quarterly Return Performance Table: Performance Table Narrative Average Annual Return Caption Performance Table 1 Year 5 Years 10 Years Since Inception Inception Date Before taxes - Return After Taxes on Distributions - Return After Taxes on Distributions and Sale of Fund Shares Market Index Performance 1Member Dow Jones Moderately Aggressive Portfolio Index 2Member S&P 500 Index 3Member Barclays Capital U.S. Aggregate Index (Indexes reflect no deduction for fees, expenses or taxes) 4Member Barclays Capital Municipal Bond Index (reflects no deduction for fees, expenses or taxes) Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period Performance Table Footnotes Performance Table Closing Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Index No Deduction for Fees, Expenses, Taxes Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred One Class of After-Tax Shown Performance Table Explains why after Tax Higher Money Market, Seven Day Yield Caption Money Market, Seven Day Yield Column Name 7-Day Yield Phone 7-Day Yield 7-Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column Name 30-Day Yield Phone 30-Day Yield 30-Day Tax Equivalent Yield Risk/Return Detail Table Text Block EX-101.PRE 6 firstpacific-20130201_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 7 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } EXCEL 8 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]A-S(T,30V,5\W.#)D7S0R8F9?.60S,5]D9C(X M.&(T8F(T-S@B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T#I%>&-E;%=O#I%>&-E;%=O6QE#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O=&5C=%-T#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D/@T*("`\8F]D>3X-"B`@ M(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D('=I=&@@36EC'1087)T7V$W,C0Q-#8Q7S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE'0^/'`@6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE2!I9B!Y M;W4@8G5Y(&%N9"!H;VQD('-H87)E2!&=6YD/&)R/D9I6]U6]U('!A>2!E86-H('EE87(@ M87,@82!P97)C96YT86=E(&]F('1H92!V86QU92!O9B!Y;W5R(&EN=F5S=&UE M;G0I/"]P/CQS<&%N/CPO'!E;G-E2!&=6YD/&)R/D9I'!E;G-E'0^/'`@6]U6]U M&%M<&QE#0H-"@T* M#0HH55-$("0I/&)R/CPO'0^/'`@2!I;F1I M8V%T92!H:6=H97(@=')A;G-A8W1I;VX@8V]S=',N(%1H97-E(&-O6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M2<^ M/&9O;G0@2!I;G9E0T*#0IS96-U'0M86QI9VXZ(&IU2<^/&9O;G0@F%T:6]N6QE/3-$)V9O;G0Z(#AP M="!#86QI8G)I+"!(96QV971I8V$L(%-A;G,M4V5R:68G/B9N8G-P.SPO9F]N M=#X\+W1D/CPO='(^/"]T86)L93X-"@T*#0H-"CQP('-T>6QE/3-$)V9O;G0Z M(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB6QE/3-$)V9O;G0Z(#$Q<'0@0V]N6QE/3-$)W=I9'1H.B`P+C(U:6XG/CPO M=&0^/'1D('-T>6QE/3-$)W=I9'1H.B`P+C(U:6XG/CQF;VYT/B8C,3@S.SPO M9F]N=#X\+W1D/CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!J=7-T:69Y)SX\ M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE6UE;G1S M(&UA>2!B92!L:6YK960@=&\L(&%N9"!W:&]S92!V86QU92!W;W5L9"!R:7-E M(&]R#0H-"F9A;&P@:6X@"`H2!O2!I;F1E>"DL(&$@8F%S:V5T(&]F('-E8W5R:71I97,L(&EN=&5R97-T M#0H-"G)A=&4@8F5N8VAM87)K(&]R(&]T:&5R(&9I;F%N8VEA;"!A7!E M(&]F(&YO=&4@:6YC'0M86QI9VXZ(&IU2<^/&9O;G0@6QE M/3-$)V9O;G0Z(#AP="!#86QI8G)I+"!(96QV971I8V$L(%-A;G,M4V5R:68G M/B9N8G-P.SPO9F]N=#X\+W1D/CPO='(^/"]T86)L93X-"@T*#0H-"CQP('-T M>6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB6QE/3-$)V9O;G0Z(#$Q<'0@0V]N6QE/3-$)W=I9'1H M.B`P+C(U:6XG/CPO=&0^/'1D('-T>6QE/3-$)W=I9'1H.B`P+C(U:6XG/CQF M;VYT/B8C,3@S.SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1"=T97AT+6%L:6=N M.B!J=7-T:69Y)SX\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE&-H86YG M92UT6QE/3-$)V9O;G0Z(#AP="!#86QI8G)I+"!(96QV971I8V$L(%-A M;G,M4V5R:68G/B9N8G-P.SPO9F]N=#X\+W1D/CPO='(^/"]T86)L93X-"@T* M#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2<^ M)FYB6QE/3-$)V9O;G0Z(#$Q<'0@ M0V]N6QE M/3-$)W=I9'1H.B`P+C(U:6XG/CPO=&0^/'1D('-T>6QE/3-$)W=I9'1H.B`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`X<'0@0V%L:6)R:2P@2&5L=F5T:6-A+"!386YS+5-E'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#AP="!#86QI8G)I+"!(96QV971I M8V$L(%-A;G,M4V5R:68G/B9N8G-P.SPO9F]N=#X\+W1D/CPO='(^/"]T86)L M93X-"@T*#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE2<^)FYB6QE/3-$)V9O;G0Z M(#$Q<'0@0V]N6QE/3-$)W=I9'1H.B`P+C(U:6XG/CPO=&0^/'1D('-T>6QE/3-$)W=I M9'1H.B`P+C(U:6XG/CQF;VYT/B8C,3@S.SPO9F]N=#X\+W1D/CQT9"!S='EL M93TS1"=T97AT+6%L:6=N.B!J=7-T:69Y)SX\9F]N="!S='EL93TS1"=F;VYT M+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$ M)V9O;G0Z(#AP="!#86QI8G)I+"!(96QV971I8V$L(%-A;G,M4V5R:68G/B9N M8G-P.SPO9F]N=#X\+W1D/CPO='(^/"]T86)L93X-"@T*#0H-"CQP('-T>6QE M/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB6QE/3-$)V9O;G0Z(#$Q<'0@0V]N6QE/3-$)W=I9'1H.B`P M+C(U:6XG/CPO=&0^/'1D('-T>6QE/3-$)W=I9'1H.B`P+C(U:6XG/CQF;VYT M/B8C,3@S.SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!J M=7-T:69Y)SX\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W M(%)O;6%N+"!4:6UE'0M86QI9VXZ(&IU M2<^/&9O;G0@'0^/'`@ M'0M86QI9VXZ(&IU6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE'0M86QI9VXZ(&IU6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UE2!A6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2<^ M)FYB2!C;VUB:6YA=&EO;@T*#0IT:&5R96]F+"!I;F-L=61I;F<@6QE/3-$)V9O;G0Z(#$Q<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB6QE M/3-$)V9O;G0Z(#$Q<'0@0V]N6QE/3-$)W=I9'1H.B`P+C(U:6XG/CPO=&0^/'1D('-T M>6QE/3-$)W=I9'1H.B`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�H-"F%N9"!T:&4@;&5V96P@;V8@6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^)FYB2!T;R!C:&%N9V5S(&EN(&EN=&5R97-T(')A=&5S+B!);B!G96YE M6QE M/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB3H@5&EM97,@3F5W(%)O;6%N+"!4:6UE'0M86QI9VXZ(&IU6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^)FYB2=S(&]R(&EN2!O2D@86YD(&-E2!S96YS M:71I=F4@=&\@=&AE6QE/3-$)V9O;G0Z(#$Q<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE3H@5&EM97,@ M3F5W(%)O;6%N+"!4:6UEF%T M:6]N(%-E8W5R:71I97,@4FES:R`M(%1H92!&=6YD(&%N9"!C97)T86EN(&]F M('1H92!U;F1E2!U;F1E M2!M87)K970@ M;W(@=&AE(&5Q=6ET>2!M87)K970@87,@82!W:&]L92X\+V9O;G0^/&9O;G0@ M6QE/3-$)V9O M;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB3H@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^)FYBF%T:6]N(&-O;7!A;FEEF%T:6]N('-T;V-K6QE/3-$)V9O;G0Z(#AP="!#86QI8G)I+"!(96QV971I8V$L(%-A;G,M4V5R M:68G/B9N8G-P.SPO9F]N=#X\+W`^#0H-"@T*#0H\<"!S='EL93TS1"=F;VYT M.B`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`^#0H-"CQS<&%N/CPO6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE65A"!A;F0@=&AE($)A2!C86QL:6YG("@X,#@I(#DX M."TX,#@X(&]R("@X,#`I(#,U-"TY-C4T+B`\+W`^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'`@2!R971U'0^2G5N(#$P+`T*"0DR,#$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@("`@("`\+W1R/@T*("`@("`@("`@("`@/'1R(&-L87-S/3-$'0^2G5N(#$P+`T*"0DR,#$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@("`@("`\+W1R/@T*("`@("`@("`@("`@/'1R(&-L87-S/3-$'0^2G5N(#$P+`T* M"0DR,#$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@("`@("`\+W1R/@T* M("`@("`@("`@("`@/'1R(&-L87-S/3-$2!!9V=R97-S:79E(%!O#PO=&0^#0H@("`@("`@("`@ M("`@(#QT9"!C;&%S'0^2G5N(#$P+`T*"0DR,#$Q M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@("`@("`\+W1R/@T*("`@("`@ M("`@("`@/'1R(&-L87-S/3-$&5S(')E9FQE8W0@;F\@9&5D=6-T:6]N(&9O M'!E;G-E"!W87,@8VAA;F=E M9"!D=7)I;F<@,C`Q,B!F"!A;F0@ M=&AE($)A"!I&5S(')E<')E'0^/'`@"!R871E"!R971U"!R971U6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE&5M<'0@9G)O;2!F961E&5S+"!C;VYS:7-T96YT('=I M=&@@<')E'0^/'`@2!F'0^/'`@'!E;G-E6]U'0^ M/'`@6]U6]U&%M<&QE M#0H-"@T*#0HH55-$("0I/&)R/CPO'0^/'`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`Q,7!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E2!O2!T:65D M('1O('1H92!E8V]N;VUI8R!A;F0@<&]L:71I8V%L(&-O;F1I=&EO;G,@:6X@ M=&AE(%-T871E(&]F($AA=V%I:2X@5&AE2!P2!M=6YI8VEP86P@2!T:&]S92!R96QA=&EN9R!T;R!E9'5C871I;VXL(&AE86QT:&-A2!B92!I;G9E2!T:&%N(&$@9&EV97)S:69I960@9G5N9"X\+W`^/'`@ M2!T:&4@26YT97)N86P@4F5V96YU92!397)V:6-E M(&]R('-T871E('1A>"!A=71H;W)I=&EE"UF M2!T:&4@1G5N9"X@26X@861D:71I M;VXL('-O;64@:6YC;VUE(&UA>2!B92!S=6)J96-T('1O('1H92!F961E&5S(&ES(&YO="!N96-E2!A;B!I;F1I8V%T:6]N(&]F(&9U='5R92!P97)F;W)M86YC92X@5&AE M(&9O;&QO=VEN9R!T86)L92!S:&]W7,@0V%P:71A;"!-=6YI M8VEP86P@0F]N9"!);F1E>"X@57!D871E9"!P97)F;W)M86YC92!I;F9O2!R971U'0^/'`@&5S(&]N($1I&5S(&]N($1I7,@0V%P:71A;"!-=6YI M8VEP86P@0F]N9"!);F1E>"`H'!E;G-E6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M"!R971U&5S+B!9;W5R(&]W M;B!A9G1E"!S M:71U871I;VX@86YD(&UA>2!D:69F97(@9G)O;2!T:&]S92!S:&]W;B!H97)E M+B!!9G1E"UD M969E'0O:F%V87-C3X-"B`@ M("`\=&%B;&4@8VQA7!E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$=&5X=#XT.#5"4$]3/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^1DE24U0@4$%#249)0R!-5515 M04P@1E5.1"!)3D,@+TA)+SQS<&%N/CPO4-E;G1R86Q);F1E>$ME>3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^,#`P,#@S-S,U,3QS<&%N/CPO'0^1F5B(#$L#0H)"3(P,3,\2!&=6YD/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^#0H@("`@("`@ M(#PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2!&=6YD("AT M:&4@(D9U;F0B*2!O9B!&:7)S="!086-I9FEC($UU='5A;"!&=6YD+"!);F,N M("@B0V]M<&%N>2(I(&ES('1O(&%C:&EE=F4@;&]N9RUT97)M(&-A<&ET86P@ M87!P'!E;G-E'1";&]C:SPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'`@6]U('!A>2!E M86-H('EE87(@87,@82!P97)C96YT86=E(&]F('1H92!V86QU92!O9B!Y;W5R M(&EN=F5S=&UE;G0I/"]P/CQS<&%N/CPO'0^,C`Q-"TP,2TS,3QS<&%N/CPO'!E M;G-E'!E;G-E'0^5&AE(")4 M;W1A;"!!;FYU86P@1G5N9"!/<&5R871I;F<@17AP96YS97,B(&1O(&YO="!C M;W)R96QA=&4@=&\@=&AE(')A=&EO(&]F(&5X<&5N&%M<&QE2&5A9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M&%M<&QE(&%S6]U(&EN=F5S="`D,3`L,#`P(&EN M('1H92!&=6YD(&9O6]U M'0^/'1A8FQE(&-E;&QP861D:6YG/3-$ M,"!C96QL6QE/3-$)V9O;G0Z M(#$Q<'0@0V]N2<^/&9O;G0@2!I;G9E0T*'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$Q<'0@0V]NF%T:6]N('-E8W5R:71I97,L('!R:6UA2!W:71H(&UA M6QE/3-$ M)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB6QE/3-$)W9E6QE/3-$)W=I9'1H.B`P+C(U:6XG/CPO M=&0^/'1D('-T>6QE/3-$)W=I9'1H.B`P+C(U:6XG/CQF;VYT/B8C,3@S.SPO M9F]N=#X\+W1D/CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!J=7-T:69Y)SX\ M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE"`H M2!O2!I M;F1E>"DL(&$@8F%S:V5T(&]F('-E8W5R:71I97,L(&EN=&5R97-T#0IR871E M(&)E;F-H;6%R:R!O2!I;G9E2X@26X@6YT:&5T:6,@:6YS=')U;65N=',@86YD('1H M92!H;VQD97(@:&%S(&YO(&-L86EM(&]N('1H92!A6QE/3-$)V9O;G0Z(#AP="!#86QI8G)I+"!( M96QV971I8V$L(%-A;G,M4V5R:68G/B9N8G-P.SPO9F]N=#X\+W1D/CPO='(^ M/"]T86)L93X-"@T*/'`@6QE/3-$ M)W1E>'0M86QI9VXZ(&IU6QE/3-$)V9O;G0M9F%M M:6QY.B!4:6UE'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$Q<'0@ M0V]N'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$Q<'0@0V]N M6QE/3-$)V9O M;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB6QE/3-$)W9E6QE/3-$)W=I9'1H.B`P+C(U:6XG/CPO=&0^ M/'1D('-T>6QE/3-$)W=I9'1H.B`P+C(U:6XG/CQF;VYT/B8C,3@S.SPO9F]N M=#X\+W1D/CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!J=7-T:69Y)SX\9F]N M="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N+"!4:6UE M2!#87!I=&%L($EN=&5R;F%T:6]N86P@*"9Q=6]T.TU30TDF<75O=#LI M(%=O&-H86YG92!I;B!A;B!E;65R9VEN9R!M87)K970@8V]U;G1R>2P@=&AA M="!H879E(&%T(&QE87-T(#4P)2!O9B!T:&5I6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2<^)FYB6QE/3-$)W9E6QE/3-$ M)W=I9'1H.B`P+C(U:6XG/CPO=&0^/'1D('-T>6QE/3-$)W=I9'1H.B`P+C(U M:6XG/CQF;VYT/B8C,3@S.SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1"=T97AT M+6%L:6=N.B!J=7-T:69Y)SX\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#AP="!#86QI8G)I+"!( M96QV971I8V$L(%-A;G,M4V5R:68G/B9N8G-P.SPO9F]N=#X\+W1D/CPO='(^ M/"]T86)L93X-"@T*/'`@6QE/3-$ M)W1E>'0M86QI9VXZ(&IU6QE/3-$)V9O;G0M9F%M M:6QY.B!4:6UE&5D(&EN8V]M92!S96-U6QE/3-$)V9O;G0Z(#$Q M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB6QE/3-$)W9E6QE/3-$)W=I9'1H.B`P+C(U:6XG/CPO=&0^/'1D('-T M>6QE/3-$)W=I9'1H.B`P+C(U:6XG/CQF;VYT/B8C,3@S.SPO9F]N=#X\+W1D M/CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!J=7-T:69Y)SX\9F]N="!S='EL M93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N+"!4:6UE'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$Q<'0@0V]N2!S96QL'1";&]C M:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`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`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$Q<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE2<^)FYB'0M86QI9VXZ(&IU6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE&5S.R!T6QE/3-$)V9O;G0Z M(#AP="!#86QI8G)I+"!(96QV971I8V$L(%-A;G,M4V5R:68G/B9N8G-P.SPO M9F]N=#X\+W`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^)FYB'0M86QI9VXZ(&IU6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0Z(#$Q<'0@0V]N2<^/&9O;G0@2P@8VAA;F=E2D@86YD(&-E2!S96YS:71I=F4@=&\@=&AE6QE/3-$)V9O;G0Z(#$Q<'0@0V]N2<^/&9O;G0@2!U;F1E2!M87)K970@;W(@=&AE(&5Q=6ET>2!M87)K970@87,@82!W:&]L92X\ M+V9O;G0^/&9O;G0@6QE/3-$)V9O;G0Z(#$Q<'0@0V]N2<^/&9O;G0@6QE/3-$)V9O;G0Z(#AP="!#86QI8G)I M+"!(96QV971I8V$L(%-A;G,M4V5R:68G/B9N8G-P.R9N8G-P.SPO9F]N=#X\ M+W`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2<^)FYB'0M86QI9VXZ(&IU6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE7!EF%T:6]N(&-O;7!A;FEEF%T:6]N#0IC;VUP86YI M97,N(%-O;64@2!B92!I M;&QI<75I9"X\+V9O;G0^/&9O;G0@6QE/3-$)V9O;G0Z(#$Q<'0@0V]N2<^/&9O;G0@&5D(&EN8V]M92!S96-U6QE M/3-$)V9O;G0Z(#AP="!#86QI8G)I+"!(96QV971I8V$L(%-A;G,M4V5R:68G M/B9N8G-P.SPO9F]N=#X\+W`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$Q<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE'0M86QI9VXZ(&IU M6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6EN9R!F=6YD2!T:&4@1G5N9"`H:6YC M;'5D:6YG(&]P97)A=&EN9R!C;W-T6EN9R!F=6YD6QE/3-$ M)V9O;G0Z(#$Q<'0@0V]N2<^/&9O;G0@2!T M:&4@:6YV97-T;65N="!C;VUP86YY(&-O=6QD#0ID96-R96%S92X@36]R96]V M97(L('1H92!&=6YD('=I;&P@:6YC=7(@:71S('!R;R!R871A('-H87)E(&]F M('1H92!E>'!E;G-E6EN9R!I;G9E6QE/3-$)V9O;G0Z M(#AP="!#86QI8G)I+"!(96QV971I8V$L(%-A;G,M4V5R:68G/B9N8G-P.SPO M9F]N=#X\+W`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^)FYB'0M86QI9VXZ(&IU6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE'1E;F1E M9"X@26YV97-T;65N="!I;B!214E4F%T:6]N(&-O;7!A;FEE'!E;G-E'!E;G-E6QE/3-$)V9O;G0Z(#$Q<'0@0V]N2<^/&9O;G0@0T* M=&AA;B!A(&1I=F5R6QE/3-$ M)V9O;G0Z(#AP="!#86QI8G)I+"!(96QV971I8V$L(%-A;G,M4V5R:68G/B9N M8G-P.SPO9F]N=#X\+W`^#0H\2!,;W-E($UO;F5Y/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&@^3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^3&]S2!I2!B92!I;G9E2!T:&%N(&$@9&EV97)S M:69I960@9G5N9"X\6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M2!!9V=R97-S:79E(%!O"P@=&AE M(%,F86UP.U`@-3`P($EN9&5X(&%N9"!T:&4@0F%R8VQA>7,@0V%P:71A;"!5 M+E,N($%G9W)E9V%T92!);F1E>"X@57!D871E9"!P97)F;W)M86YC92!I;F9O M2!O9B!2971U2!B>2!0 M:&]N93PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^5&AE($9U;F0G2!R971U'0^:&EG:&5S="!Q=6%R=&5R;'D@2!2971U5)E='5R;D1A=&4\+W1D/@T* M("`@("`@("`\=&0@8VQA2!2971U6QE/3-$)V9O;G0Z M(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE"!# M:&%N9V5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'0^5&AE(&)E;F-H;6%R:R!I;F1E>"!W87,@8VAA;F=E M9"!D=7)I;F<@,C`Q,B!F7,@0V%P:71A;"!5+E,N($%G9W)E9V%T92!);F1E>"!T;R!T:&4@ M1&]W($IO;F5S($UO9&5R871E;'D@06=G&5S M+CQS<&%N/CPO$1E9F5R"UD969E'1" M;&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@"!R871E"!R971U2!&=6YD M('P@1&]W($IO;F5S($UO9&5R871E;'D@06=G#PO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^2G5N(#$P M+`T*"0DR,#$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M&5S(')E9FQE8W0@;F\@ M9&5D=6-T:6]N(&9O'!E;G-E6UB;VP\+W1D/@T* M("`@("`@("`\=&0@8VQA'0^3$]625@\2!F'!E;G-E'!E M;G-E'!E;G-E'!E;G-E'!E;G-E&%M<&QE+"`Q(%E%05(\+W1D/@T*("`@ M("`@("`\=&0@8VQA'!E;G-E17AA;7!L95EE87(P,3PO M=&0^#0H@("`@("`@(#QT9"!C;&%S&%M<&QE+"`S(%E%05)3 M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&%M<&QE M+"`U(%E%05)3/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'!E M;G-E($5X86UP;&4L(#$P(%E%05)3/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$=&@^&5S(&]N($1I&5S(&]N($1I'0^/'`@'0^/'`@ M6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z M(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE'!E;G-E3F%R2!I M9B!Y;W4@8G5Y(&%N9"!H;VQD('-H87)E'!E;G-E6QE/3-$)V9O;G0Z(#$Q<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE'!E;G-E65A6QE/3-$)V9O;G0Z(#$Q M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z M(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE&%M<&QE2&5A9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M&%M<&QE(&%S6]U(&EN=F5S="`D,3`L,#`P(&EN M('1H92!&=6YD(&9O6]U M'0^/'`@2!O&5M<'0@9G)O;2!R96=U;&%R M(&9E9&5R86P@86YD(%-T871E(&]F($AA=V%I:2!I;F-O;64@=&%X+B!4:&4@ M1G5N9"=S(&1O;&QA2!I'!E8W1E9"!T;R!B92`Q,"!Y96%R2!B92!I;G9E2!R86YG92X@5&AE M($9U;F0@9V5N97)A;&QY('-E;&QS(&UU;FEC:7!A;"!S96-U6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE6QE/3-$ M)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2!O9B!A M(&1E8G0@2X@ M1V5N97)A;&QY+"!T:&4@;&]N9V5R('1H92!M871U2!O9B!A(&1E8G0@ M2!T;R!I;G1E M6QE/3-$)V9O;G0Z(#$Q M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE2!O9B!I=',@<&]L:71I8V%L('-U8F1I=FES:6]N6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2!2:7-K("T@375N:6-I<&%L('-E M8W5R:71Y('!R:6-E2!A9F9E8W1E9"!B M>2!P;VQI=&EC86P@8VAA;F=E'0^#0I.;VXM M1&EV97)S:69I8V%T:6]N(%)I6QE/3-$)V9O;G0Z(#$Q M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE&5S(&ES(&YO="!N96-E2!A;B!I;F1I8V%T:6]N M(&]F(&9U='5R92!P97)F;W)M86YC92X@5&AE(&9O;&QO=VEN9R!T86)L92!S M:&]W7,@0V%P:71A;"!-=6YI8VEP86P@0F]N9"!);F1E>"X@ M57!D871E9"!P97)F;W)M86YC92!I;F9O2!O9B!2971U2!B>2!0:&]N93PO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^5&AE($9U;F0G2!R971U2!2971U5)E='5R;DQA8F5L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&5X=#YH:6=H97-T('%U87)T97)L>2!R971U'0^4V5P(#,P+`T*"0DR,#`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S2!2971U'0^;&]W97-T('%U87)T97)L>2!R971U5)E='5R;D1A=&4\+W1D/@T*("`@("`@ M("`\=&0@8VQA2!2971U5)E='5R;CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@"!R971U"!$969E"!R M971U6QE M/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE"!R971U"!S:71U871I;VX@ M86YD(&UA>2!D:69F97(@9G)O;2!T:&]S92!S:&]W;B!H97)E+B!!9G1E"UD969E'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S6UB;VP\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E&%M<&QE+"`S(%E% M05)3/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&%M M<&QE+"`U(%E%05)3/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&%M<&QE+"`Q,"!914%24SPO=&0^#0H@("`@("`@(#QT9"!C;&%S M&%M<&QE665A'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S2!!9V=R97-S:79E(%!O M"!B96-A=7-E('1H92!$;W<@2F]N97,@:6YD97@@:7,@ M;6%D92!U<"!O9B!C;VUP;W-I=&4@:6YD97AE&5S+@T*/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`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`V:7!Q$U81W@X:DIY=$Q4,4Y85S$Y:EHR=4AI M-"M4;#5U9F\V97)X.'90,#EF8C,K4&XV+SA104AW14$-"D%W14)!445"05%% M0D%104%!04%!04%%0T%W449"9V-)0U%O3"\X44%T4D5!06=%0T)!441"06-& M0D%104%12C-!045#07A%14)317@-"D)H2D)5461H8U)-:4UO14E&14M2;V)( M0D-337I5=D%666Y,4D-H66M.3T5L.%)C64=2;VU*>6=P2VI5,DYZ9S5/:TY% M4E5:2%-%;$L-"E4Q4E96;&195U9P:EI'5FU:,FAP86Y.,&186C-E2&PV9V]/ M16A984AI26U+:W!/56Q:85AM2FUA;W%/:W!A86YQ2VUQ&-B2'E-;DLP=%!5,61B6#).;F$T=5!K-65B;C9/;G$X=E`P.69B M,RM0;C8O.6]!1$%-0D%!25)!>$5!4'=$<"]!4&<-"C-W>&1E0E!$;'AC*TA. M1FUN;#`R,FMK:VMS66U:,DU3:W-35GE35'IM6(-"D5(2DA'-V-C:V=%0FE.3#1C9CA!2E!00R]W M1#)#&Y:6$=P*T9T4S`R,&HS>5@X4G-Y8V=E56MP16)Y8S1Z MG=4.5$R:W5G:S(K<'$O.$E,-%0O-D8-"F91=B]!05AW+W=$>$Y(+T-# M*T4O*VA8,$PO=UAW+SA!>$Y,+T%-23EQ9CA!,$XK=F8Y*V),+S5(;R\T4C=5 M+RMH=C$W+W9Z6F8O23D-"D9L,D,W+VTO350O:$)F0V8O47(V1B\T3#1F.$$T M;6HO04E16'=N+S!+*VAF*T,K2"]W0TIP9CA!:$AT5"]W0VAV,35`-"E(O=VHR<"\Y1&9R,R]F;7DO=T1K96EY-T)D+WIF;4HO=V=V:%`O;U8Y M0R\X1CA0+T%-5%(O=T%)3#14+T%/:%@P3"]W6'69$3FAR1W%A9$YC6$AI,U=L9$PR-W1G16=S9TYS M5GA*17`U='IZ=%%%*RME;E-J5'-'=2\-"DXK6G$O=T1#0RM%+RMH6#!,+W=8 M=R\X07A.2"]!06=V:%`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`X03!3=&1*6$]F1%0O:VY0:%@O'9N=4I&:E)C:T%:66M!6DI!*W`-"G)O5WAY4U=P67)M+T98+TED.$AF M.6A75"]W0DEB<75H='`T8G$R:75,5U=/83-M45-2>7AS1U8Q27E'0DA"0DA/ M834O>%8O>4AF0G8-"B]95VLO=T131S=O64QC-D]I;'A2:6U395,K3V8K4VM8 M6"]92W10.$$P9&15;'(R<&9(6"]!0U5M-B\W0DYP+S9/=7%3,3=6F=T,3!Z54)B4$)D M3DLP:2MF86-U<&I526-B94%7-FYN:FYS8U5K52MH-70K,%0O>5)Z>$(O=T)U M+W=$-E52554-"C6AO8VPY3F]M;GDV>$1(0G%B,CAB6%4-"E5:>7-C<%5B,4A*-$1: M2%4O53%Y=79187=N:2]W;SDW9C9F3EE.<3!V:W=W,E1X>7`O;V0Q:F1)6E=$ M65A)3T582C4T-E8S3TLU4AF0G8O04=&<%`O4TBM&3WA2:6U395$K3W-J-&M83V54+UI.;B\V3W5Q4S$W52]X-2]Y56TV M+S="3G`-"B]W0VIR<6U7=F%T<5=X-2M+*TXO3#AJ5W1U,5,S2%-OFYQ;D0R&9% M9E-0-V%VG!..358,E-Y93,R+W9R4$\W9$Q*=7IX:D=-65!84$AB67)K M-VDR;&DK2VUM5'9E6$4-"C!5,FLS,GDS8U)H24U3,EE/=VA1>#-D5'5:=65M M0GA86%EP26(V2&UV-U)9+W=#3$XK268K,V8O04Y+27%+6#EO>B]K:EAI2"]T M,R\-"D%04VE+:7-+,WA(6&@O:$]L*T=9+W=#3&-E1E`K=U1A9BMI57)P8U9Z M9G=Z2"]&="]#;B]!1T-B5"\P4VQD3&ET,7-C51Y2'@W+T%-;$MU=CA!3$W5G13,E!/>&9X=C5F:V$Q=#)Q5S0V5D9B9'%L=4]L9%,R3T(W;51D M9#9W.5$O-"]D22\-"C=#,FXO=T1P6$97-61D-G%9Z,61M9&5(*T]0<6HS9D9'2UA&1TLU>C%4:E!S53ER.%5.3FQN,4\- M"CAV16XP>E5':FEN5TE,8FIZ-U`U53))CAI=7@-"E=-8VYH04(P.4)J M54(-"GEF;4I)1V,T6$]&1T%/ M04LU-U@O04$O;S%J-'FY(231Z44%!5&=D951616YJ+T%) M*R\U2U9C+W=$64IT4"]!161D5DAA.7%K.&9!3#A3%AN96I7+VA7,"M+ M5FYB*T9)9$1H=4ED378-"C0W-DQ45FE6:UE4,F=#>6A/45%D-$%B+T%'=F5V M4G%32$QO95HO=$=J+VEZ4&E(+T%,9"\O4VE+:6PO84\O-4EX-&@O-V0O+T%% M<&D-"F]R0W)U9$Y$-%1P+VAL+WE48G=N+W="9VTP+SE%<%A3,7IF=W@O-4IT M-%0O04]W5&%F.$%O;$LV5W0QC%D;61E M2"M/4'%J,WEI;&]R;%!83U!U3#)+9C1R85IA;VQW2F)B4V(W97HR.&E)9#`- M"G1K4G-C<49F,S)K-%!"=V$V*W52=4PR2V8T'):4%$U M,G14;TU6>E`-"FEW9CA4-W=8+W=":&54+S!G=38P4$(P.$XS-%(P3S5T6G)Y M93-M$AF3F,W-&=M,6PO1U!H2DP-"C)W M,#9(5#$Q96)Y6F]B-35*6"\P2S=X=6I-2VAC&EJ M1DQZ:V5N,6]'8VY05'1Z5$5E3B]%3"]K<&QZ+S(-"D-,4"]!3DA85E$R=F%P M=FE&;B]H6F1X:T%(*WE,4$]$;B]L=&161&$Y<39+3W@U94PO:5`U9FMA,70R M<5#)91&=(-7=P*UEC9&-D<&EU271:=%IM*TI7:B]!3G0R1VXR94Y) M=B]!0W9S;#8Y>G4O9E=E9#(V2U!B:FI'334-"GEE;4]E-7A343)E6F9T240O M:7DO:4PO=#,O.$%3;4MI;"]A4D@O1FQV15@O04F]O+T-D M4#A-0B]X8EAW;"]W0F<-"FDP+SE%<%=N#5732]I4#5F:V$Q M=#)Q5S0V5D9B9'%L=4]L9%,R4%!E-6L-"C-897-3.2\U0T=J9CEH9E0O=T0P MGET5&HK2VUM='%.,UIZ,C=A6'%*=&MG=%=I84H- M"F90F=D<&EH1%HU;"LP:U`K3$QE278K,V(O=T)+ M67%+6#EP268X5U8X4F8X06)T+S95>%56:E4S3VEJ.$H-"C%(=W8O=T-3865% M=BMW4F%F*VE5'4-"E9(67-C.$%*:D-T;&=D;V)68D=$5W!P M5GI0:3,O:U`K0W8X07-,>68K:T8S5WIO3W!W-C-O96YA54R-2]W0W=26B\K:G)Q<3%R,G%Z.%(O*U-N6%`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`O64D-"G10.$$P4VQD4FEU M6BM&;R\T=&PT4B\W03EN+S9*4W5N>%=Q36YU2FEU6#A81"]I;U!"4"]!1T8U M4"]30S=R<6-6>DAI-&8X049194,-"F8K=WA*+S916&Q$0DA466]X4S1O>%1% M94MF17(O:W`Y>"\R0TQ0.$$Y2%A65DQ8=%9V-&PO=T1*5#=J+T%,03EN+S9/ M=7%Q5W9A=6T-"FIS95!J4#1J*U@U1W1B9'%L=4]L4EC-U M6DXQ,W)'=78K46QO=B]963`O=T0Y2S1Q,F)R=E=.9&8X:$Q29BMW>'`-"B]W M1#96>%9Z5F1M9&5'+VE2.55F4D]+355U2TU6>4AU;D5F,GAP;7!F1F)43&)4 M=%)S5=!.#5(=DEO,FI9-'IT26,U=U%4:D)* M0DE++T,P9CA7>#A)9CEG97HO05!22U9Q94ET0G-F14YJ2&%A;W0-"GCA)5W,R:&%L87=287A.74-"G=.;U-6;D=19'5-E0TU( M.#9F:6I&35(T:CA3:50-"CA4<'E15DHP97HT4&(Y.616571E,5A0:5HO>59# M-"\W03EN+T%/:G)Q<61R,G)Q;S=(:C0S*TLO;"M2')R+VM*-DHO,D=.4"]W1%-U2W1M-CC-4 M9W)857)V569I8F\S,GI23E(P#%X,BM+4T=Z>2]W1&%8+S5);#1J+T%/,V(O=T)+ M67%+6#EP9V8X5U(X4V8X06)T+S95>%56;E!C,7`W2%5F0WHO04I*:C11+S<- M"D$Y;B]!3VE5%)I;EEO>%%"-&@X5&8X06MQ1G@O=T)G97HO.4A89%5R6'16 M-S1N9CAL4G50*W=06B\X06\K-W$-"FIA.7$V-DAW;FI9,RM++VPK4G)7,V%P M8FIP559T,G%7-#96,7)9.#4W;51D9#9X&LY=FEU4'59-S%F:35P5%A&>&)35V)A4&8X03)A2T]":VMJ>$Q9 M-W0W;'E(>652:%9W3U!M-C$R5TM%3FYL,S=44"\-"D%#4DAX2B\R-V8X07!4 M1E)3+W1.9CAK43A39CEU,R]P5$925V,Y>E=N$Q+1$TY=39V*SED1C)J>4="*V)/5UA! M27E29E%Z-FTU<%8O839R<&1N<4YH2C5T;F1W<&-14V)3=3E(54T-"G!W44-- M9VIG:DY94&DO.$$U1TAW4"\R1TI0.$$P,S-L85!G=E-P.40X2&%$<$XR,&(S M3FA945=S&)R:S5)>E%",65+359Z4"]# M36%T+S!02&E,+T%,.&$-"F8O.$%)=$@O04%J1W)F.$%1.&5)=BLO1VXO.$%Y M3%)C3$AM,WA0.$$K4V\S2"]92',O.$$P9F0Q4G1E,60S<6YW=&HQ5%9',4G%Z8V]T9C$X:FX-"G)B=%5T>#!R M;VPK1T-R.3-X6C1J2"]!8DPO-4AR2#A+*T)P=&$P<64U=2]&5W9+-E@Y-V%G M4G!:9V)98G%71E1Z8FYKB]W1&ME M;T$=F.40K5U-.=S9(+VHS-TUO3T]N2$Y: M5')2:VUK8C!C1$]%;$IT865V.$%K96PT;WA832]W1$--870O,%!(:4PO=G@- M"G`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`V:7!Q$U81W@X:DIY=$Q4,4Y85S$Y:EHR M=4AI-"M4;#5U9F\V97)X.'90,#EF8C,K4&XV+SA104AW14$-"D%W14)!445" M05%%0D%104%!04%!04%%0T%W449"9V-)0U%O3"\X44%T4D5!06=%0T)!441" M06-&0D%104%12C-!045#07A%14)317@-"D)H2D)5461H8U)-:4UO14E&14M2 M;V)(0D-337I5=D%666Y,4D-H66M.3T5L.%)C64=2;VU*>6=P2VI5,DYZ9S5/ M:TY%4E5:2%-%;$L-"E4Q4E96;&195U9P:EI'5FU:,FAP86Y.,&186C-E2&PV M9V]/16A984AI26U+:W!/56Q:85AM2FUA;W%/:W!A86YQ2VUQ&-B2'E-;DLP=%!5,61B6#).;F$T=5!K-65B;C9/;G$X=E`P M.69B,RM0;C8O.6]!1$%-0D%!25)!>$5!4'=$<"]!4&<-"C-W>&1E0E!$;'AC M*TA.1FUN;#`R,FMK:VMS66U:,DU3:W-35GE35'IM='$U.$=E14QE,VQN:SA, M84M5:E%U=VHP=4]2:4%-.$MQ17,-"F9906LY<6PK2$@O2E!00R\O64MT9B]2 M2S%V6$UJ=S(X5-S951+ M5#5N<65F5#(-"F9G4TQW-V\K5EY M:4--*V%D-7I',THK4EA/,T]6>CAP-F)23$]B5#D-"D=S3$LU=7!,,F4S=#0T M6DQM5$\V6FQ5075C:VY*27HQ4%AQ85-14V)7>DUN+VA"9D-F.$$P2RMH9BM# M*T@O-&UJ+VA"9D-F+T%%2RL-"FAF.$%G=F@O*TIQ.7$R;%AL.6-,2F)A.7%E M;DE%0VU+,6IT,E5N2BM9*UI%-7IZ:G)J9V-D8S@U-%-S3EDQ:G=R;S)P,U!I M,U=L;G8-"F)+1S5K5T]#>4-H;E%-44TR-4]-;C%.4%1S0W9A.7I6+W=#148X M2B\Y0W9O6"]G=F@O.$%I85`K148X2B]W1%%R-D8O-$PT9B]I85@-"B]H2'14 M+S9'+UAV*R].;"\X:C!F.$DY<68O43,V.2\S-7-V+T%*2&]S=7=89C@S-6EF M.$%#0RM%+W=$;U8Y0R\X1CA0+W=!5%(O=V<-"G9H4"]!2T9F478X07=8=R\O M13%L945R1%=.63A+-DYQ9'HT=#%P6C6AU6D9J9W-G;UHP1$5$3G54:DHY M5%=T+W=J,G`O.41FF9M M2B]W9W9H4"]O5CE#+SA!0F9$+T%013!F.$E,-%0O-D9F478-"B]"9D0O=T1% M,'8X07=J,G`O=T11,S8Y+S,U%`K148X2B\Y0W9O6"]G=F@-"B]W1&EA4#A!:$)F0V8O47(V1B\T M3#1F+T%);7-R=VQ987AR2&A84G14=69&=71,4&4R54YZ27-C1FM&1$]G66=: M='EC6E!Q83%V.$$-"FA(=%0O=T-H=C$W+T%,.#)8+WE04G`R0C-7;DXK66XO M04%G=FA0.$$V1F91=B]"9D0O.$%%,&8X24PT5"]W0VA8,$PO04U&.%`O>$X- M"DPO=VHR<"\Y1&9R,R]F;7DO=T1K96HO:$AT5"]!3VAV,3%`K148X2B]W1%%R-D8O-$PT9B]I85`-"BM%1CA*+SA!47(V M1B]W0T,K2"\T;6PO-%(W52\K:'8Q-R]V>EIF.$%Y4%(O=VHR<"]W1%$S-CDO M,S5S=B]K96EY-T)D+W=!,S5I9C@-"DE,-%0O=T-H6#!,+T%-1CA0+WA.2"]# M0RM%+RMH6#!,+W=!1CA0.$$X5%=6-%-S3EDQ:G=R;S)P,U!I,U=L;G9B2TD4O-%%8=VXO,$LK:&8K0RM(+T%/2F\O=T-%1CA*+SE#=F\-"E@O M9W9H+SA!:6%8+T%)4C=5+SA!;V(Y92]W0R].;"\X:C!F.$DY<68O43,V.2\S M-7-V.$$U2&]S=7=89C@S-6EF.$E,-%0O-D9F478-"B]"9D0O=T1%,&8X04-# M*T4O=T1O5CE#+SA&.%`O=T%44R\X04-086XO=T)$9G(S+T%(-7-V+VME:B]H M2'14+S9'+UAV*R].;"]W1$D-"CE&;#)#-R]M+TU4+T%)45AW;B\P2RMH9BM# M*T@O=T-*;R\T45AW;B]!3D-V;U@O9W9H+RM*%`-"BM%1CA*+SA!47(V1B]W0T,K M2"\T;6HO:$)F0V8O47(V1B\T3#1F.$$T;6PO-%(W52]W1&]B.64O-S@R6"]W M06HP9CA!0U!A;B]W0D0-"F9R,R]!2#5S=B]K96EY-T)D+WIF;4HO=V=V:%`O M;U8Y0R\X04)F1"]!4$4P9CA)3#14+S9&9E%V+T)F1"]W1$4Q;&5%6AU6D9J9W-G;UHP1$5$3G54:DHY5%=T+W=J,G`O M=T11,S8Y+S,U$Y,+W=J,G`O.41F%`K M148X2B]W1%%R-D8O-$PT9B]I85`K148X2B\X05%R-D8O=T-#*T@O-&US$Y(+T%!9W9H4#A!-D9F478O0F8-"D0O M.$%%,6QE17)$5TY9.$LV3G%D>C1T,7!:-S)Y:'5:1FIG$Y,+W<-"FHR<"\Y1&9R,R]F;7DO.$%K96HO04E2-U4O.$%O8CEE+W=#+TYL M+SAJ,%=864QV*V(X>%`K148X2B\X05%R-D8O=T-#*T@O-&UJ+V@-"D)F0V8O M47(V1B\T3#1F.$$T;7-R=VQ987AR2&A84G14=69&=71,4&4R54YZ27-C1FM& M1$]G66=:='EC6E!Q83%V*T5E,5`X039'+U@-"G8K+TYL+SA!23E';EE(9&%C M,S5I9CA)3#14+S9&9E%V+T)F1"]W1$4P9CA!0T,K12]W1&]6.4,O.$8X4"]W M0513+SA!0U!A;B]W0D0-"F9R,R]!2#5S=B]K96HO:$AT5"\V1R]8=BLO3FPO M=T1).49L,D,W+VTO350O04E16'=N+S!+*VAF*T,K2"]W0TIO+S116'=N+T%. M0W8-"F]8+V=V:"\K2G!F*T5E,5`O;V(Y92\W.#)8+WE04B]W:C)P+SE$9G(S M+V9M>2\X06ME:7DW0F0O>F9M2B]W04E,-%0O04]H6#!,+W<-"EAW+R]!0DY( M+T-#*T4O.$%O5CE#+W=$0F9$+SA45U8T6G-.63%45'!R:30X5S8P$Y,+T%-23EQ9CA!,$XK=F8Y*V),+S5( M;R\T4C=5+RMH=C$W+W9Z6F8O23E&;#)#-R]M+TU4+V@-"D)F0V8O47(V1B\T M3#1F.$$T;6HO04E16'=N+S!+*VAF*T,K2"]W0TIR2SA-,D=S87!P,#%X8V5, M9&%6,'9B=3)!4T-Y03)X6$5K4VX-"FTS4$\Q050W-39D2S%V.$%H2'14+W=# M:'8Q-R]!3#@R6"]Y4%)P,D(S5VY.*UEN+T%!9W9H4#A!-D9F478O0F9$+SA! M13!F.$E,-%0-"B]W0VA8,$PO04U&.%`O>$Y,+W=J,G`O.41FF185VA-,2]D4UAC.%8W95%A-51V=W0O,D-R M6"]W0D5R6%(T50-"G9W="\R0W)8+W="17)84C1R5F)'170R3GA2 M:6Y9;WA42DC1B+SA!2D\O M0S,O64L-"G1F.$$P4W1,<58P3VAX4FEN66]X5$I'-&]X5'-566]!8FEJ1D]X M4FEG0G5+354W1D=+043(Q5-!05=52$))1F$Y>DDP3G1,2DA$2D\V25=72TUQ1VM)2#-2=4E' M5#`-"C5)2'%26$0V92]I2%-F04AH%=L,C!5='%Z,F=J M44M755!+161M22M8:V=:,TU$:GDR;'1L4FEM9%1E-C%P.7`-"G`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`V1"]W0T1#2"\T<7)U:RM* M3D,-"C%I-6$S,&I7=$UV-3%1>4Y(83-58W)"45%.>$-K;D=30FXS1F-P<4A1 M,6YE1"\X06MP3G(O=T)G<3%)I9T)+2UA&1TM!16]P8U59;T%3:6QX4FEG M0DM+6$9'2T%%;W!C55EO05-I;'A2:6<-"D)+-7IW1"]Y03=R+T%,0W5P9CA! M<&106%%834-83G1,0DE:06MQ1D=-8VI249)=%,-"C%&1DUK:E--44PR8V-S>$I9*S5*2C&XP8CA.:"]X8G)W="\R0W)8+S!3=&1*:75D*T=O+S1T>C16 M+W=#=U9A+RMI5G)F=5EN;71P66\U<$E(9$-Q>7AH4S`-"EI)*SA.=TEY3W9) M23E1871B1U5T,E!X4FEV3W1!86983D\X0C)/;S-T*S!.,31F82MN84G=093-'<"M#.4%V-S94>F)U M-C`K,VYM9F%&,T\P87-X=TU!6DI0031O57)J8V)'>FEU8BM'=R]W0TQD949V M*W=682]W1&\-"FQA,$Y7,5,X%,X-$)W M9G!2,S8-"F9J449H3559<%(S-&\U=T1G+U-G3$-9;WA3.2MN-#!$=GA11FA- M55EP96-!-%`P;S$=$*TYF4#AJ,5!&1TM59"M+3V-!-%`P5-Z:UA46C1,93=/3FML>$-::UAK6GEG9$-E32\-"GA$,34V5F=F M1&A:;#A.4W)D4$A*8T15.5)%:GAO559M*S)Z-4E5:VM$4&)*>#9M=&I73E)U M'AN2BM'.&IZ M94=:6EI)6DE(9E4Y4EIO<$-P84UM.6YY<#)K:DDV8T5J,$IQ97!6=F1/;7A8 M>60K,6HO>5585'8-"BMW5D@O=T-J<'$K4Y'=T)'3T=59W%F8T5%9'%W9FAP+WE4;G=R+T%.9VTP+SA! M4DLQ,&U+=&)'8W0R8RMV:$12,#!Q=S`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`-"FMM07E">6=Y9&]9:FID M:D=10U%$:T)M041'>FEN8VMB:6I&3WA2:6="=4M-53=&1TM!1S1O>%1S55EO M06)I:D9/>%)I9T)U2TU5-T8-"D=+04%1S55EO06)I:D9/>%)I9T)U2TU5-T9'2T%'-&]X5'-566]! M8FEJ1D\-"GA2:6="=4M-53=&1TM!1S1O>%1S55EO03AW*TMF+TDS94%)I9T)U M2TU5-T9'2T%'-&]X5'-566]!-&HT<&%L<4]N5T]IFQP4#1H;7AU.%E5HU0C-M3F1Y&=G:DEQ:EIE2'I:5W1W M:T=Q-F=,=35L864U=D-)5$Q--6DX<%-2-65W8E974$%644UXE4O14XY8S9L<&M5*VU.95=J>#5V6F)'83-65EEY06=7>E-B-4)M M34%30U)58F4R,&MX34=R5UAJ1%5H2&)8=6]716$V1VP-"G9C5%A7;WA+>&IA M3TIP4CEO441/14MX>$UQ9DU85S5"5FE);DQ8-S=W4W0Y6EAC5C-R,G)Y6$8S M-5-81C!28D(U65EY-5=";$50;&T-"E!D235),EI93599;&9L"]P:G$S;7ET2G96,T-Q;U!L:VY9;T%69FQ/36]H5F%J M.3!K,'EE-S$-"DMX=FQU2EDW3S9,;4U25S=*2DY:6E)3<7E%-VM-=4=$:UE+ M:F-".#1'.3@S-&)23D0T6FQI:VUK;F1.5#%&5VQK0VAP0TPR8V)J=$$-"D=4 M,31!2&]"5G$S,$9.14]Q6'5G,C!C*V]8:FAV2W5R;&]O=T1).&I+1T--44XX M,#"]W1&\V879R8D9F M2E`W5S,O2E(Y3B\W0DUF.$$-"C9/;7%+=G=M;$0T>C93*T=9+S1T>#15+S=" M3G`O=T-I57)P8U9Z9G=Z2"]&="]#;B]92G10+U)+5C!U2W1B1V-T,DII:D99 M15=U,U4-"B]I*V)2-#='3T\S9U1C.#EZ2SA5:V\R9VQO13AS&)F=W`O,D-B5"\P4VQ(5691,718:3%+5S)69$AU-T\Q=4XT3%!D5W)8 M0VQC2$E#$1T1RM39DY(<#!R3&@X82M)<&9U*TAD24@Q M,6E4+W=#4G%A:35B26E64TU.,UEU86(T2&XP4EE*9$0Q6%IF4E,S$UA1E1M4DU90GHX,F-91U(-"G%)I<5=R,WH-"F%F8DQ*1EDS;"]--VA%9W1657-X=U-C55H,FA.7E'2F]U1'1Y2D$- M"E9,8G1G=U&%$4):>%%) M5$9'2UA&1TM9:$U567!C55EO051&1TM81D=+045X4FEQ*W!3,T5&;$I*6E=V M,G4U-$5C4FL-"D592DI!>7I(;V]Z:VM!;D%/1EDT531E:65*+S=2.$XS*W$O M6E!T2#)0>E!L,'E8-UA(9#=51"\V32M&.#-R4Y+,"]3.5%U;VY10V%Y,51Z%%!;4M-575+355!2FEJ1DQI:D9!0UEO>%,T M;WA10C4-"F@X5E`K4G4X3F8X05AL9F8K:DQ7;V1/-U9..%9F*U)U.$YF.656 M.2\V371A:#`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

&]-16QN9F%Z06,-"EE',5=/4W9! M1U=&2%0Y875D4CA04&9796XK6F9,3DQA;3(X-$)"3DA-,$PO04QW:B]6:&M9 M-W1U-'%-:$XS>55R:%DR3FDW44U$038-"D1&3'1'8S0U.6$T*TQX8G%6>'%, M84YB85):;EAO6&Q%.%5L.'DR>7)';'4U2U-I27-X275O941'=D\O;C515TY* M*TE&:G%%:&ME>G8-"DQ7>&%X:'99-355>7I#5EEY:3=&>5-837EP2'1,1C-J M;55$2T1C8WE(>7,W04M";D$V.6%4674P1$%W3V=X54]M>EA.>%I2>3-T&I)0DE">4%Z04)J87`S154Y4VEU-4Q/46%B M4&(R.35X-6-T>$%::UAK6GEG9$-C:E`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`X:TL-"E-3 M0FYS4V-E<#8Q>614,F5H,4=+*U(O,G5F.$%K<$=M+W=$64IJ+SE(5%8Y9%8X M:2]T9&8X;$HP,R]S17AF.$%O-F%O<69#8550:5`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`O>55(=VXO04YFGIV-'EF.&5V:&HOB]W04Y*2&TX35-Y>5%Y5S=V<6UP33!-:%5T1U0-"F94-54W4U9Y3VY"23E# M839,5711E4W=3-S-U-01RME-&M73D9Y44)L:5%":VM$-FUU92M' M9'A$9"M'2F)I,6QJ;G0U=%4-"C%+4T]73F=Y=7!V<'E'0DA"0DA)27)J-FYT M5S!/<'(U1B]A-R]W0U-K-F(O04YG;4PO,&1.6#$S6'E**S$U+WE5;E1F*W=4 M1B]W0VH-"G!Q;7`X2G!2*TDK;"]H:5`K3&$K12\X07-%5VXO;VQ+-F)&8S,X M34(O=T%7,3A*+SEG:3`O=T122U8P,DMP8D508V)I:D95;V18,'D-"F)6<#E+ M:#%'>FLQ3T)036QS,6Y5>E)R>#AZ2FYC0CAY.&MF>$0Q<2]I;F-6:'5+-6XT M66HO:3)V:%`X03="1G`O=T-I57)Q359Z4'<-"G=(+T9T9D-F+UE)=%`O4DM5 M=6\K:'E0>%HO-43%Q='`S87)8>&$O M=T-2=CA-9CEE5B\O=T-J3%=Q=6YD<39C3V56:G9J2#9H,W$-"G0T02\U2V1B M9CEG;3@O.$%2,7)6;E5/.58O:"\O=T%L3W0O*W=2968K:G)7;E@R2G=0.$%% M6'HO04-064U567`R2TU6>6YR;FQF>%H-"B]W0U)U.$TO.656+R]W0VI,5W%U M;CEQ="]&=B]!2D$]"+VE,-2]K978T;WA454-"C8R+S="1C4O-D]T M865),DIW4#A!15AZ+T%#4%@X55EP,DM-5GEN%1S55ER;%!81S1O>%1S55EO06)I M:D9/>%)I9T)U2TU5-T9'2T%02W9I,2]Y3C-H;B]!2SAR+W=$.4=7=%8-"F1/ M-U9B*TQN+TDS94=0.$%R>78O05`P6F$Q53`W=%A445!+>#-X12MO9$168G=& M+WE5-C(O=T-W5&5F*VIR5W)/;V1$5F)W1"]W06P-"D]T=BMW4F5F*VIR5W%X M1WA/0B]I3#4O:V5V-&]X5'-567)K4%A-+U=.6#`S4F):8FY79%)S.5!T,F-2 MG)%<%EG:TM#>$%Z9T4-"C0Y:E=0+W=N,V78O05`P6F$Q5#`W=%=K2V90,4]7=FE64F1R6"M: M,T@O0V8-"F5$=BMH7-&0D%,14M38UI)1V9C5G=6+S!Q=#1#+W=#4VY7,R\-"D%'0TQZ M+S!D83`V;$QK,75+:&DQ5VQY.'1V;B]!34$Y97A2:6Y9;WA74C%N;E!X;$@K M:2M'4#A!E=,<#-A='HT>B]W1$@-"G`T62\W0R\O04QA6$Y996YD M<39+0C5M4"M*96XV;&TO-E9I-DXO>55(=VXO04YF55,=VXO04YF4@K,3&)4=VPO=T)G:3`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`K9V5(:"]W0GA762\K,C%2*T@O0S-J3%-013AE%5M>#5D-'4X4&5-=D5/%=B+T%/4G%I,$1W=#1Y,&IX4$@-"G)(,DAW.4YS=$IR6'EF-U9M6%!M4$4R M-V0Y;5!4>7-9>"]&-V,K%)+8W!B&PO=T)! M2'&XT;'5-8E!$=6IJ-C9Z3"]W1$ET579I>"]Y3U!H:B]!2SAR+W=$ M.4=7;%`P9G18:#0W2#%Q3EIW9SE$-EA,"MM&PO,$%F1#,O04E/-78O:U-U;GA2:79E4&U$ M>3=X9#1D.%IE2618,'DK+W,O=SEB+T%'2T=E2%HO87-Z-R].84D-"C5Z.6U' M3656-S4S9'-C=S(S:&9X;$1J+T%%2'6TO-6@O:#0-"F8Y>%=B+S5'<5!14$,S:DQ3 M4$4X97-F669$,#)Y,&UT9DHO=%=:8RM9.%1B=#,R63E02WAJ2#A8='HV=FEJ M1D5P>6QU>%4V1D]M-W@-"E@U;DUF8E!'6"]10CA09BM$=6(O04]22U!T;FI, M+V]!*TAV+T%!9'IF+TEL9%!I:D938DAL,VDW=S3A2879P;#DO6B]H-C,K M>%$-"GIW-U`W5FUF9C5R4DA/9G-W>&IY=F9/-W1J;4D0O,C)R,69&1TMQ37!2,EIL3VI4<4\X;"M:-5IC94@-"E!'56\O=T-1 M9C1E2"]C5FTO=T1K86\Y03A,*TUT2CA4>&%X.6@X4%1B3%-A,3AN*S%:;'HU M:GA.=3-F6FHP.')'369X93-0<2M+354-"E-N2UGFYN<&IV5DD0O,C)R,69&1TMQ37!2,EH- M"FQ5;W=Q87E8-6YL:R]H>GAL2U`K468T94@O8U9M+SA!:V%Q9&PT3SA:5S-I M2%-D52MX*TAM*W=4=DXU6#EQ5$1Z3C!-:U=-+UIU4#D-"EIN;V5M3RMA.69X M4FEN2V-P8G-M1TAP=V0TF8X06-6;4@-"B]T=%AR1TM-5E5:4VIS>DMP4FA5,6MV>E!,8FIW-31Y;$@O M25`X4$0O=4MZ9B]),55R3'=D-'ET=D5/:S9P.6HX4$XY9VYE8GEV-U4-"FU( M;6)O6DES6BMZ8V8V>E!1.4UD.#$V+VEJ1D]5-5,S6DU-4%-G-WA8-6Y-9F)0 M1U@O44(X4&8K1'5B+T%/4DMI*T=2;6)W=DLQ,4@-"DA(8TA63E--:5)U6%97 M*S-4-4-S44-W>C!*07HV1'!84F%L97AA9%I36%9W=''=7.$]Q86Y(2$8-"D=O5D556#`T0W%"=T%!34%#;#%(,$]Q"\K,D0O04UL3#!Z+W-%4F8K:G!Q;7!S6%,- M"BM)*VTO:&8O04UK>CA*9CEG:3`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`T=V,X2%!3;C1O>%%"-4@-"CAA M'5)4GE",4E5*VAR M23!R>&8T851'+W=!439/=C%V66@O-TY8;UAI;E4-"DYD=3='83`P,WB]! M=G4]14T)&2T-K6D]$:%IW M1U5K-T0U;4IY*TYE<#=2>7-E>FA-,FYH<4MO<4M::C9P-'@X34]$E9(.$UD53`O52]I;$-D3G9R4S=%96HS92]Y2FQK,C5M=&-: M=U1J;V9YC9J<#-H,U%R1S5V3#)3>#`W>$)%+SD-"FLR>4I( M1D=Q*UA):U)395-73C5)+VQ"16,Q=S)#>$E0639:<'1Z1F97575I-FYR2C%8 M54Y.=%9K:C%)0G)I>71Y23%E5S1*>5!-06D-"F9Y:TMN.2],8TYH,&%4>35W M*UA2;S%&555R,DMX1V)Z7-U8VM43$MP3$93>#9F1F5R8SA3=S-),T)C:F-2:T-G145K06=K2$(Y M<60-"FEJ1D%$3GDW43(U9'!X9S4T3V5L3&MB9W52=4EY0E1S55EO06%#0U-! M45-$9RLQ2G58844YX1U%+05%3 M44-#46-(,G`R2TU504TS3'1$8FPR;D=$;F&4)4&8-"BM3;39:+S)"-'8X03!D4%5Z,DMP+T5F M5#-W="\U2FPT4B\W03EN+S9*4W5N>%A-+T,P9CA7>#A)9CEG97HO.$%22U8Q M1TMA,D4Y>'4-"DM-53=&1TM9:'5+-6HT5R\X:WDX22\X05E(%)I;EEO>%1%3GA2:6X-"EEO M>%%!,T9'2V1I:D9!1&-567`R2TU504YX4FEN66]X44$S1D=+9&EJ1D%$8U59 M<#)+355!3GA2:6Y9;WA103-&1TMD:6I&041C55D-"G`R2TU504YX4FEN66]X M44$S1D=+9&EJ1D%$8U59<#)+355!3GA2:6Y9;WA103-&1TMD:6I&041C55EP M,DM-54%.>%)I;EEO>%%!,T8-"D=+9&EJ1D%$8U59<#)+355!3GA2:6Y9;WA1 M03-&1TMD:6I&041C55EP,DM-54%.>%)I;EEO>%%!,T9'2V1I:D9!1&-567`R M2TU504X-"GA2:6Y9;WA103-&1TMD:6I&041C55EP,DM-54%.>%)I;EEO>%%" M53%/>&DQ2WAK=$QH-VA)<$U:83-U2DE*0F=G.%!'>7-/;EEJ230-"C9'=6,K M1CA#,G9H5U3)K:V-6=U5):6560S9+,D]#>6=Q5T$-"E!506I0<4]T8W8X04,Y6C$X M2WER9'E2>3-!,5A5>$LX4T9%6G9T."M3<6MS5D)0445N2'%E=$QQ4&]D6&EV M:G(Y51(=V@O,D(W4#A!.45P6%5951(=V@O M,D(-"C=0.$$Y17!855EP;VPW:F-567`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`O+T%-:3!8 M0W@P,DM-5G=(9W)43F,Q>G=B;T]R6&9J6%AK=6(K=V=U<%9I=#=!24=E3E=) M54%)I=5HO M=T-%63%B+T%+2&IX1B\S-#`O+T%/4F%0*T59,6(O;V5015@O9FI4+W=$-49O M=48-"FIP517>B]W:D=R9CE$>#1I+W=#+T=N+R]! M0TQ28TQ(5%EO>%A-+SA!0TUA="]W0D0-"G@T:2\W.&%F+W=$271(+T--870O M,%!(:4PO=GAP+SA!.&DP6$-X,#)+359Z4"]#36%T+S!02&E,+W9X<"]W1#AI M,&8X27AQ,R]1.&4-"DEV.$%V>'`O+W=!:3!80W@P,DM-5G=(9W)43F,Q>G=B M;T]R6&9J6%AK=6(K=V=U<%9I=#=!24=E3E=)54'(-"G)Y6$XO65%857%X5SEG14101W)%2T1B M131Y94UK,7,O.$EX<3,O43AE278K+T=N+T%0>4Q28TQ(5%EO>%A-+SA)>'$S M+U$X94EV.$$-"G9X<"\O=T%I,&8X04--870O=T)$>#1I+S'$S+U$X94EV*R]';B]W1'E,4B]W:D=R9CE$>#0-"FDO M-SAA9CA!+TET1G=S9$YI:D9C0C1+,'I83F,X1S9$<3$S-#$Q-4QM+W-)3'%6 M67)E=T-";FI6:49"=&EC6E!'4V$R9BM%63%B+V\-"F5015@O9FI4+W=$-49O M=49J<'-567)M9BM%63%B+V]E4$58+T%(-#`O=T0K4F%0*T59,6(O;V5015@O M9FI4+R]!2D9O=49J<'-567(-"FUF.$%H1TY7+W=#:#0X4F8Y*TY0+W=$:U=J M+VA'3E$8O,S0P+SA!*U)A3&A9-F)&1TLT1'=6<&UU834T3C!(5G)V M>')R>5@-"DXO65%857%X5SEG14101W)%2T1B131Y94UK,7,O=T1#36%T+S!0 M2&E,+W9X<"\X03AI,%A#>#`R2TU6>E`O0TUA="\P4$AI3"]V>'`-"B]W1#AI M,&8X27AQ,R]1.&5)=CA!=GAP+R]W06DP6$-X,#)+359Z4"]!06I'#1I+S<-"CAA9B]!4$ET1G=S9$YI:D9C M0C1+,'I83F,X1S9$<3$S-#$Q-4QM+W-)3'%667)E=T-";FI6:49"=&EC6E!' M4V$R9CA!:$=.5R]W0V@-"C0X4F8Y*TY0+W=$:U=I-%=/;7A2:75:+S12:E9V M*V@T.%)F.2M.4"]!4&M7:B]H1TY7+S9(:GA&+W="*TY0.$$O:U=I-%=/;7A2 M:74-"EHO-%)J5G8K:#0X4F8Y*TY0+SA!:U=J+T%)4FI6=CA!;V5015@O9FI4 M+SA!-49O=49J<'-567)G4$)7;6$U'$S+T%%4$AI3"]V>'`O+T%-:3!8 M0W@P,DM-5GI0.$%W:D=R9CE$>#1I+S<-"CAA9B]!4$ET2"]#36%T+S!02&E, M+W9X<"]W1#AI,%A#>#`R2TU6>E`O0TUA="\P4$AI3"]!3#AA9B\X04ET2"]! M06I'4Q28TQ(5%EO>%A!945T33%Z5TY+;G5B M;GAR'$S M+T%%4$AI3"]V>'`O+T%-:3!F.$EX<3,O43AE278K+T=N+W=$>4Q28TQ(5%EO M>%A!945T33%Z5TY+;G5B;GAR'5A;G`Q;'%T:DQ: M87!:,C$W6GD-"C0X>4,U:5=33CA%15I69U%C14$O559Z;G=U=&],5'=R3&)7 M:TUC1G1$<75P>'A24DM&4D9&+V-!2V](04%!04%&5"\X27AQ,R]1.&4-"DEV M.$%V>'`O+W=!:3%Q94=T1FHP2%-6%5.>C9J*T99+S1T9C10+S=!.6XO M-DE3=7!X6$PO04%Q+S5*9C0-"E`O-T$Y;B\V25-U<'A446U*:6I&3&EJ1D%H M3559<&-566]!5$9C,V-E3F1!9V)$,VMJ0EAL4U8T-U=:,'0O3&QE2C-M6E9) M:%%02$D-"DXX:%94-6)K16A34C!U2SAU.&0V6DIB5&5-8D]X,'4U4"]#46%# M=&A9:7IT2&5/4S=,,VAC4TUI;%ES=&-X&\-"C=A,CA4 M859C-G=D36AU2D1C-S-I5GIB>4Q$2DEM9#AA5$9F3&0Q,G9L1EES3FHU03). M:F%X6$589'=D5"M)5VIY5TMA=$U,1C5O3&T-"D4-1<$DV M6$9E6&5/.4UK='!V1TYN63988VXO:$E.0E=W#)K M0D]8;4M)6&9!2%E+<$I*-$=1335)0G8T%,T;WA1251&8S-C94YD06=B1#,-"FMJ0EAL4U8T-U=:,'0O3&QE2C-M M6E9):%%02$E..&A65#5B:T5H4U(P=4LX=3AD-EI*8E1E36)/>#!U-5`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`U1W103$QP17)/8W!B&UM=FD-"C=1,W9O3%=+ M*S@W>B],0UA%355K;'-$24%9,6%D5DU37(W6$8-"G4W0GHU53ER1&)9:G0W9T]Q4V)J M8E)Q47%U1GA+5V-(66@Y;7A1;411;4M-575+355#17A73&5E2CE'&)Z>%!O,6Q*2DAD,S@-"E5-:V0O1'!:5G=W3%A5<6\P8U-J2'I% M'-P2C5( M.'$U9V0U2$4-"E-S>'A&1#DT.6Q6974P55A'9$C9$8W=!>C$U>&YA8U@X5GE7<'EK9D94449&=&4-"G1' M3DMV;S)N4S!L849':VQT;5)7;$,W1DI%16Y"239$*SAU975X4F-"3559<&-5 M66]%2FES5S@X5#9.6E-34C-D+T9$2DAF=S975F,-"DU#,3%+<4Y(16]X.'A+ M>6]E36=$2DI',7-B94LT>C1K<$9:-D)(3&(R1GI,3%!R1VY817=S8DM395(O M2W592&52>$5R36-242]E4%H-"E98&,K2G1+='191VU46$5G=60V M4DTT=#5':&IK9D=Y3C5G=FQO-V)K=VI-1T\Y34$W,7IT67)G+T=E&8K:C4V;5=X561Z-FLK1E@O2DPO04%F+T%. M9V%Z+SA!4D-6,4YF16YH+SA!85$X6#9&;T\-"FTV5&%A9&]$,C%H8E)76MA:%%726Q!>F=$3T%+=B]W1$15=FIB+V]&*TA0.$%W2&XO05!J,49X M,E!S>6EV:E`X031A;#@-"F)F.$%13#A/9BM!."]W1#AE;R\T86PX8F8Y079W M-2\T1'HO+T%"-FYC5FHW36]R-'HO-&%L.&)F.4%V=S4O-$1Z+SA!>#9J+T%) M86P-"CAB9CE!=G'0O=T)!=GB]!4'@V:B]H<5AX="\P0R]$;B]G4%`O.$%( M<4QH62MZ2TLK32\K1W!F1S,O44PX3V8-"BM!."\O=T%E;R\T86PX8F8Y079W M-2\T1'HO.$%X-FDT5U!S>6EV:E`O:'%8>'0O,$,O1&XO9U!0+W=$2'%0.$%H M<5AX="\P0R]$;B\-"D%)1'HO=T1X-FDT5U!S>6EV:E`O04EA;#AB9CE!=GB\- M"D%/1W!F1S,O045#+T1N+V=04#A!+TAQ4"M'<&9',R]13#A/9BM!."\O=T%E M;W5&:C=-;W(T>B\T86PX8F8Y079W-2\T1'HO+T%"-FH-"B]H<5AX="\P0R]$ M;B]G4%`O=T1(<4QH62MZ2TLK32\K1W!F1S,O44PX3V8K03@O+T%-96\O=T-' M<&9',R]13#A/9CA!9U!0+T%02'$-"DQH62MZ2TLK32\X06AQ6'AT+S!#+T1N M+T%)1'HO=T1X-FHO:'%8>'0O=T)!=GB]!4'@V:3174'-Y:79J4#A! M-&%L.&)F.$$-"E%,.$]F*T$X+W=$.&5O+S1A;#AB9CE!=GB\O04(V M:3174'-Y:79J4"]H<5AX="\P0R]$;B]G4%`O.$%(<5`K1W!F1S,O44P-"CA/ M9BM!."\O04UE;W5&:C=-;W(T>B\T86PX8F8Y079W-2\T1'HO.$%X-FHO04EA M;#AB9CE!=G'0O=T)!=GB\-"D%0>#9J+VAQ6'AT+S!#+T1N+V=04"\X04AQ M3&A9*WI+2RM-+RM'<&9',R]13#A/9BM!."\O=T%E;R\T86PX8F8Y079W-2\T M1'HO.$$-"G@V:3174'-Y:79J4"]H<5AX="\P0R]$;B]G4%`O=T1(<5`X06AQ M6'AT+S!#+T1N+T%)1'HO=T1X-FDT5U!S>6EV:E`O04EA;#AB9CD-"D%V=S4O M=T-!."\X03AE;R\T86PX8F8X05%,.$]F*T$X+W=$.&5O=49J-TUOB\O04(V:B]H<5AX="\P0R]$;B]G M4%`O=T1(<4QH62MZ2TL-"BM-+RM'<&9',R]13#A/9BM!."\O04UE;R]W0T=P M9DB\T86PX8F8-"CE!=GB\X07@V:B]!26%L M.&)F.4%V=S4O=T-!."\X03AE;W5&:C=-;W(T>B]W0T=P9DDM+*TTO=T1H M<5AX="]W0D%V=S4O-$1Z+T%0>#9J+VAQ6'AT+S!#+T1N+V=04"\X04AQ3&@- M"EDK>DM+*TTO*T=P9DB\X07@V:3174'-Y:79J4"]H<5AX="\P0R]$;B]G4%`-"B]W1$AQ4#A!:'%8 M>'0O,$,O1&XO04E$>B]W1'@V:3174'-Y:79J4"]!26%L.&)F.4%V=S4O=T-! M."\X03AE;R\T86PX8F8X05%,.$\-"F8K03@O=T0X96]U1FHW36]R-'HO04]' M<&9',R]!14,O1&XO9U!0.$$O2'%0*T=P9D#EQ;GA&,39$5G1B9W-O3&U',E&UL#0I#;VYT96YT+51R M86YS9F5R+45N8V]D:6YG.B!Q=6]T960M<')I;G1A8FQE#0I#;VYT96YT+51Y M<&4Z('1E>'0O:'1M;#L@8VAA&UL M;G,Z;STS1")U'1087)T7V$W,C0Q-#8Q7S XML 9 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 10 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Period End Date dei_DocumentPeriodEndDate Sep. 30, 2012
Registrant Name dei_EntityRegistrantName FIRST PACIFIC MUTUAL FUND INC /HI/
CIK dei_EntityCentralIndexKey 0000837351
Amendment dei_AmendmentFlag false
Creation Date dei_DocumentCreationDate Jan. 30, 2013
Effective Date dei_DocumentEffectiveDate Feb. 01, 2013
Prospectus Date rr_ProspectusDate Feb. 01, 2013
First Pacific Low Volatility Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return rr_RiskReturnHeading

SUMMARY SECTION

Investment objective: rr_ObjectiveHeading

INVESTMENT OBJECTIVE

Investment objective rr_ObjectivePrimaryTextBlock

The investment objective of the First Pacific Low Volatility Fund (the "Fund") of First Pacific Mutual Fund, Inc. ("Company") is to achieve long-term capital appreciation and preservation of capital while lowering volatility.

Fees and expenses of the fund: rr_ExpenseHeading

FEES AND EXPENSES OF THE FUND

Fees and expenses of the fund, narrative rr_ExpenseNarrativeTextBlock

This table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual fund operating expenses, heading rr_OperatingExpensesCaption

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

Date Of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-01-31
Portfolio turnover, heading rr_PortfolioTurnoverHeading

Portfolio Turnover

Portfolio turnover, narrative rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 82%.

Portfolio Turnover Rate rr_PortfolioTurnoverRate 82.00%
Expenses Not Correlated to Ratio Due to Acquired Fund Fees rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The "Total Annual Fund Operating Expenses" do not correlate to the ratio of expenses to average net assets in the Financial Highlights which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses.
Example, heading rr_ExpenseExampleHeading

Example

Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock

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 you invest $10,000 in the Fund for the time periods indicated and then redeem all 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. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy, Heading rr_StrategyHeading

PRINCIPAL INVESTMENT STRATEGIES

Strategy, Narrative rr_StrategyNarrativeTextBlock
·Normally investing primarily in equity securities of U.S. companies. 

 

·Investing in large, medium and/or small capitalization securities, primarily with market capitalizations at the time of purchase of $2 billion or greater. 

 

·Under normal circumstances, the Fund will allocate a portion of its total assets to structured notes, which are specially designed debt instruments, the terms of which are determined by the purchaser or issuer, and whose principal or interest payments may be linked to, and whose value would rise or fall in response to, the value of an index (such as a securities, commodity or currency index), a basket of securities, interest rate benchmark or other financial asset. The structured notes in which the Fund may invest typically have a "buffer" or principal protection whereby the issuer guarantees full or partial payment of principal on maturity. In some cases the Fund may invest in structured notes that pay an amount based on a multiple of the relative change in value of the asset or reference. This type of note increases the potential for income but at a greater risk of loss than a typical debt security of the same maturity and credit quality. Structured notes are synthetic instruments and the holder has no claim on the asset of reference. 

 

·Writing and purchasing covered call and put options. 

 

·Investing in exchange-traded funds and mutual funds that invest in domestic or foreign securities. 

 

·Investing in either "growth" stocks or "value" stocks or both. 

 

·Investing in foreign securities, including companies included in the Morgan Stanley Capital International ("MSCI") World Index. Additionally, foreign securities may include companies that are listed on an exchange in an emerging market country, that have at least 50% of their assets in an emerging market country, or that derive at least 50% of their revenues or profits from goods produced or sold, investments made, or services performed in an emerging market country. An emerging market country is any country included in the MSCI Emerging Markets Index. 

 

·Investing in shares of real estate investment trusts (REITs). 

 

·Investing in fixed income securities (such as investment grade corporate debt securities, U.S. Government obligations, and other investment grade securities with varying maturities and duration), short-term debt instruments and/or cash equivalents. 

 

·Investing in convertible bonds and convertible preferred stock. 

 

·The Fund generally purchases securities using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions. The Fund generally sells securities for a number of reasons, including when, in the Investment Manager's opinion, the security has achieved its value potential, changing fundamentals signal a deteriorating value potential, other securities display a better value potential, to maintain Fund diversification, or to raise funds to cover redemptions. 
Risk, Heading rr_RiskHeading

PRINCIPAL RISKS

Risk, Narrative rr_RiskNarrativeTextBlock

Stock Market Volatility Risk - Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market can react differently to these developments. 

 

Allocation Risk - The Fund could lose money as a result of less than optimal decisions as to how its assets are allocated or reallocated. 

 

Derivatives Risk - A derivative is an instrument whose value is derived from an underlying contract, index or security, or any combination thereof, including structured notes and options. 

 

·Structured Notes Risk - Structured notes are subject to interest rate risk. They are also subject to credit risk with respect both to the issuer and, if applicable, to the underlying security. The price of structured notes may be volatile and they may have a limited trading market, making it difficult to value them or sell them at an acceptable price. In exchange for the issuer's guarantee of full or partial payment of principal on maturity, the upside return the Fund could achieve on its investment may be capped or limited and the issuer's guarantee is generally available only if the Fund holds the structured note to maturity. There may be higher fees and costs associated with structured notes than other types of investments. In some cases, the Fund may enter into agreements with an issuer of structured notes to purchase a minimum amount of those notes over time. Structured notes are also subject to counterparty risk, which is the risk that the other party to the transaction will not fulfill its contractual obligations. 

 

·Options Risk - Writing and purchasing call and put options are highly specialized activities and entail greater than ordinary investment risks. The successful use of options depends in part on the future price fluctuations and the degree of correlation between the options and the securities markets. The value of the Fund's positions in options will fluctuate in response to changes in the value of the underlying security or index, as applicable. The Fund also risks losing all or part of the cash paid for purchasing call and put options. Portfolio assets covering written options cannot be sold while the option is outstanding, unless replaced with similar assets. As a result there is a possibility that segregation of a large percentage of the Fund's assets could affect its portfolio management as well as the ability of the Fund to meet redemption requests or other current obligations. The Fund may also write and purchase call and put options in combination with each other. Combined options involve multiple trades and therefore have higher transaction costs. Unusual market conditions or the lack of a ready market for any particular option at a specific time may reduce the effectiveness of the Fund's option strategies. Over-the-counter options may be considered illiquid and are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with the Fund. 

 

Exchange-Traded Fund Risk - An ETF may trade at a discount to its net asset value. Investors in the Fund will indirectly bear fees and expenses charged by the underlying ETFs in which the Fund invests in addition to the Fund's direct fees and expenses. The Fund will also incur brokerage costs when it purchases shares of ETFs. In addition, the Fund will be affected by losses of the underlying ETF and the level of risk arising from the investment practices of the underlying ETF. 

 

Interest Rate Change Risk - Debt securities have varying levels of sensitivity to changes in interest rates. In general, the price of a debt security can fall when interest rates rise and can rise when interest rates fall. Securities with longer maturities and mortgage securities can be more sensitive to interest rate changes. 

 

Foreign Exposure Risk - Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and the less stringent investor protection and disclosure standards of some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market. 

 

Emerging Markets Risk - The risks associated with foreign investments are heightened when investing in emerging markets. The governments and economies of emerging market countries feature greater instability than those of more developed countries. Such investment tend to fluctuate in price more widely and to be less liquid than other foreign investments. 

 

Issuer-Specific Changes Risk - Changes in the financial condition of an issuer or counterparty, changes in specific economic or political conditions that affect a particular type of security or issuer, and changes in general economic or political conditions can increase the risk of default by an issuer or counterparty, which can affect a security's or instrument's credit quality or value. The value of securities of smaller, less well-known issuers can be more volatile than that of larger issuers. Lower-quality debt securities (those of less than investment-grade quality) and certain types of other securities tend to be particularly sensitive to these changes. 

 

Large Capitalization Securities Risk - The Fund and certain of the underlying funds are subject to the risk that large capitalization stocks may underperform other segments of the equity market or the equity market as a whole. 

 

Market Risk - There is no guarantee that the Fund's investment objective will be met. The Fund's yield, share price and investment return can fluctuate so you may receive more or less than your original investment upon redemption. Loss of money is a risk of investing in the Fund.  

 

Small and Mid-sized Capitalization Securities Risk - The value of securities of smaller, less well-known issuers can perform differently from the market as a whole and other types of stocks and can be more volatile than that of larger issuers. Such companies may have limited product lines, markets or financial resources and may lack management depth. The trading volume of securities of smaller capitalization companies is normally less than that of larger capitalization companies, and therefore may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger capitalization companies. Some small capitalization stocks may be illiquid. 

 

Fixed Income Risk - An underlying fund's investment in fixed income securities will change in value in response to interest rate changes and other factors, such as the perception of the issuer's creditworthiness. For example, the value of fixed income securities will generally decrease when interest rates rise, which may cause the value of the Fund to decrease. In addition, an underlying fund's investment in fixed income securities with longer maturities will fluctuate more in response to interest rate changes. 

 

Fund of Funds Risk - By investing in the underlying funds indirectly through the Fund, an investor will incur not only a proportionate share of the expenses of the underlying funds held by the Fund (including operating costs and management fees), but also expenses of the Fund. Consequently, an investment in the Fund entails more direct and indirect expenses than a direct investment in the underlying funds. 

 

Investment in Investment Companies Risk - Investing in other investment companies, including ETFs, subjects the Fund to those risks affecting the investment company, including the possibility that the value of the underlying securities held by the investment company could decrease. Moreover, the Fund will incur its pro rata share of the expenses of the underlying investment companies' expenses. 

 

REIT Risk - The value of equity REITs may be affected by changes in the value of the underlying property owned by the REITs, while the value of mortgage REITs may be affected by the quality of any credit extended. Investment in REITs involves risks similar to those associated with investing in small capitalization companies, and REITs (especially mortgage REITs) are subject to interest rate risks. Because REITs incur expenses like management fees, investments in REITs also add an additional layer of expenses. 

 

Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund. 

May Lose Money rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk, Nondiversified rr_RiskNondiversifiedStatus Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading

PERFORMANCE

Performance, Narrative rr_PerformanceNarrativeTextBlock

The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart illustrates how Fund performed in the past year. The Fund's past performance before and after taxes is not necessarily an indication of future performance. The following table shows how the Fund's average annual total returns for the periods indicated compared to those of the Dow Jones Moderately Aggressive Portfolio Index, the S&P 500 Index and the Barclays Capital U.S. Aggregate Index. Updated performance information for the Fund is available by calling (808) 988-8088 or (800) 354-9654.

Performance, Information Illustrates Variability of Returns rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund.
Performance, Availability by Phone rr_PerformanceAvailabilityPhone 808-988-8088 or 800-354-9654
Performance, Past Does Not Indicate Future rr_PerformancePastDoesNotIndicateFuture The Fund's past performance before and after taxes is not necessarily an indication of future performance.
Bar Chart, Closing rr_BarChartClosingTextBlock

During the period shown in the bar chart, the Fund's highest quarterly return was 7.49% for the quarter ended March 31, 2012 and the lowest quarterly return was -2.79% for the quarter ended December 31, 2012.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel highest quarterly return
Highest Quarterly Return Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.49%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel lowest quarterly return
Lowest Quarterly Return Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2012
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (2.79%)
Performance Table: rr_PerformanceTableHeading

Average Annual Total Returns for the periods ended December 31, 2012

Performance Table Market Index Changed rr_PerformanceTableMarketIndexChanged The benchmark index was changed during 2012 from the S&P 500 Index and the Barclays Capital U.S. Aggregate Index to the Dow Jones Moderately Aggressive Portfolio Index because the Dow Jones index is made up of composite indexes representing stocks, bonds and cash and the Investment Manager believes it is more reflective of the Fund's management style and investments of the Fund's portfolio than either of the S&P or Barclays indexes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table Closing rr_PerformanceTableClosingTextBlock

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Your own after-tax returns will depend on your tax situation and may differ from those shown here. After-tax returns are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

First Pacific Low Volatility Fund | Dow Jones Moderately Aggressive Portfolio Index
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.97% [1]
Since Inception rr_AverageAnnualReturnSinceInception 5.58% [1]
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 10, 2011 [1]
First Pacific Low Volatility Fund | S&P 500 Index
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 16.00%
Since Inception rr_AverageAnnualReturnSinceInception 10.12%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 10, 2011
First Pacific Low Volatility Fund | Barclays Capital U.S. Aggregate Index (Indexes reflect no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.22%
Since Inception rr_AverageAnnualReturnSinceInception 5.55%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 10, 2011
First Pacific Low Volatility Fund | First Pacific Low Volatility Fund Investor Class
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol LOVIX
Shareholder Fees (fees paid directly from your investment) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Acquired Fund Fees and Expenses rr_Component1OtherExpensesOverAssets 0.04% [2]
Shareholder Servicing Fee rr_Component2OtherExpensesOverAssets 0.10%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.68%
Other Expenses rr_OtherExpensesOverAssets 0.82% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.97% [2]
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.35%) [3]
Total Annual Fund Operating Expenses (after fee waiver) rr_NetExpensesOverAssets 1.62% [3]
Expense Example, 1 YEAR rr_ExpenseExampleYear01 165
Expense Example, 3 YEARS rr_ExpenseExampleYear03 584
Expense Example, 5 YEARS rr_ExpenseExampleYear05 1,030
Expense Example, 10 YEARS rr_ExpenseExampleYear10 2,268
2012 rr_AnnualReturn2012 5.60%
1 Year rr_AverageAnnualReturnYear01 5.60%
Since Inception rr_AverageAnnualReturnSinceInception 0.95%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 10, 2011
First Pacific Low Volatility Fund | First Pacific Low Volatility Fund Investor Class | - Return After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.24%
Since Inception rr_AverageAnnualReturnSinceInception 0.73%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 10, 2011
First Pacific Low Volatility Fund | First Pacific Low Volatility Fund Investor Class | - Return After Taxes on Distributions and Sale of Fund Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 3.71%
Since Inception rr_AverageAnnualReturnSinceInception 0.70%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 10, 2011
Hawaii Municipal Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return rr_RiskReturnHeading

SUMMARY SECTION

Investment objective: rr_ObjectiveHeading

INVESTMENT OBJECTIVE

Investment objective rr_ObjectivePrimaryTextBlock

The investment objective of the Hawaii Municipal Fund (the "Fund") of First Pacific Mutual Fund, Inc. ("Company") is to provide a high level of current income exempt from federal and Hawaii state income taxes, consistent with preservation of capital and prudent investment management.

Fees and expenses of the fund: rr_ExpenseHeading

FEES AND EXPENSES OF THE FUND

Fees and expenses of the fund, narrative rr_ExpenseNarrativeTextBlock

This table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual fund operating expenses, heading rr_OperatingExpensesCaption

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

Portfolio turnover, heading rr_PortfolioTurnoverHeading

Portfolio Turnover

Portfolio turnover, narrative rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio.

Portfolio Turnover Rate rr_PortfolioTurnoverRate 23.00%
Example, heading rr_ExpenseExampleHeading

Example

Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock

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 you invest $10,000 in the Fund for the time periods indicated and then redeem all 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. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy, Heading rr_StrategyHeading

PRINCIPAL INVESTMENT STRATEGY

Strategy, Narrative rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund will invest at least 80% of its net assets, including borrowings for investment purposes, in a portfolio of primarily investment grade municipal securities issued by or on behalf of the State of Hawaii or any of its political subdivisions or agencies that pay interest that is exempt from regular federal and State of Hawaii income tax. The Fund's dollar-weighted average portfolio maturity is expected to be 10 years or more. More than 25% of the Fund's assets may be invested in a particular segment of the municipal securities market. The Investment Manager attempts to select securities that it believes will provide the best balance between risk and return within the Fund's range of allowable investments. The Fund purchases municipal securities that the Investment Manager believes have the best value compared to securities of similar credit quality and maturity range. The Fund generally sells municipal securities for a number of reasons, including a change in credit quality, to extend or shorten maturity, to increase yield or to raise funds to cover redemptions.

Risk, Heading rr_RiskHeading

PRINCIPAL RISKS

Risk, Narrative rr_RiskNarrativeTextBlock

Market Risk - There is no guarantee that the Fund's investment objective will be met. The Fund's yield, share price and investment return can fluctuate so you may receive more or less than your original investment upon redemption. Loss of money is a risk of investing in the Fund.

 

Interest Rate Risk - The net asset value of the Fund may change as interest rates fluctuate. When interest rates increase, the net asset value could decline. When interest rates decline, the net asset value could increase. In general, when interest rates rise, municipal securities prices tend to fall and when interest rates fall, municipal securities prices tend to rise. The price volatility of a debt security also depends on its maturity. Generally, the longer the maturity of a debt security, the greater its sensitivity to interest rates.

 

Credit Risk - The securities in the Fund's portfolio are subject to credit risk, which is the ability of municipal issuers to meet their payment obligations.

 

Call Risk - The securities in the Fund's portfolio are subject to call risk, which is the risk that changes in interest rates may cause certain municipal securities to be paid off much sooner or later than expected, which could adversely affect the Fund's value.

 

State Concentration Risk - The Fund is subject to the additional risk that it concentrates its investments in instruments issued by or on behalf of the State of Hawaii or any of its political subdivisions or agencies. Due to the level of investment in municipal obligations issued by the State of Hawaii and its political subdivisions and agencies, the performance of the Fund will be closely tied to the economic and political conditions in the State of Hawaii. Therefore an investment in the Fund may be riskier than investment in other types of municipal securities funds.

 

Municipal Security Risk - Municipal security prices can be significantly affected by political changes, as well as uncertainties in the municipal market related to taxation, legislative changes or the rights of municipal security holders. Because many municipal securities are issued to finance similar projects, especially those relating to education, healthcare, transportation and utilities, conditions in these sectors can affect municipal bond prices.

 

Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund.

 

Tax Risk - Unfavorable changes in tax laws, adverse interpretations by the Internal Revenue Service or state tax authorities, or noncompliant conduct of a bond issuer could impact the tax-free income distributed by the Fund. In addition, some income may be subject to the federal alternative minimum tax.

May Lose Money rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk, Nondiversified rr_RiskNondiversifiedStatus Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading

PERFORMANCE

Performance, Narrative rr_PerformanceNarrativeTextBlock

The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart illustrates how the Fund's performance has varied from year to year over the past 10 years. The Fund's past performance before and after taxes is not necessarily an indication of future performance. The following table shows how the Fund's average annual total returns for the periods indicated compared to those of Barclays Capital Municipal Bond Index. Updated performance information for the Fund is available by calling (808) 988- 8088 or (800) 354-9654.

Performance, Information Illustrates Variability of Returns rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund.
Performance, Availability by Phone rr_PerformanceAvailabilityPhone 808-988-8088 or 800-354-9654
Performance, Past Does Not Indicate Future rr_PerformancePastDoesNotIndicateFuture The Fund's past performance before and after taxes is not necessarily an indication of future performance.
Bar Chart, Closing rr_BarChartClosingTextBlock

During the periods shown in the bar chart, the Fund's highest quarterly return was 5.09% for the quarter ended September 30, 2009 and the lowest quarterly return was -3.31% for the quarter ended December 31, 2010.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel highest quarterly return
Highest Quarterly Return Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.09%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel lowest quarterly return
Lowest Quarterly Return Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2010
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (3.31%)
Performance Table: rr_PerformanceTableHeading

Average Annual Total Returns for the periods ended December 31, 2012

Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table Closing rr_PerformanceTableClosingTextBlock

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Your own after-tax returns will depend on your tax situation and may differ from those shown here. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Hawaii Municipal Fund | Barclays Capital Municipal Bond Index (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.78%
5 Years rr_AverageAnnualReturnYear05 5.91%
10 Years rr_AverageAnnualReturnYear10 5.10%
Hawaii Municipal Fund | Hawaii Municipal Fund Investor Class
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol SURFX
Shareholder Fees (fees paid directly from your investment) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.50%
Distribution (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Shareholder Servicing Fee rr_Component2OtherExpensesOverAssets 0.10%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.29%
Other Expenses rr_OtherExpensesOverAssets 0.39%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.04%
Expense Example, 1 YEAR rr_ExpenseExampleYear01 106
Expense Example, 3 YEARS rr_ExpenseExampleYear03 331
Expense Example, 5 YEARS rr_ExpenseExampleYear05 574
Expense Example, 10 YEARS rr_ExpenseExampleYear10 1,271
2003 rr_AnnualReturn2003 5.40%
2004 rr_AnnualReturn2004 3.79%
2005 rr_AnnualReturn2005 2.29%
2006 rr_AnnualReturn2006 3.87%
2007 rr_AnnualReturn2007 2.12%
2008 rr_AnnualReturn2008 (4.98%)
2009 rr_AnnualReturn2009 12.20%
2010 rr_AnnualReturn2010 1.19%
2011 rr_AnnualReturn2011 8.01%
2012 rr_AnnualReturn2012 6.32%
1 Year rr_AverageAnnualReturnYear01 6.32%
5 Years rr_AverageAnnualReturnYear05 4.38%
10 Years rr_AverageAnnualReturnYear10 3.93%
Hawaii Municipal Fund | Hawaii Municipal Fund Investor Class | - Return After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.32%
5 Years rr_AverageAnnualReturnYear05 4.37%
10 Years rr_AverageAnnualReturnYear10 3.92%
Hawaii Municipal Fund | Hawaii Municipal Fund Investor Class | - Return After Taxes on Distributions and Sale of Fund Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.19%
5 Years rr_AverageAnnualReturnYear05 4.25%
10 Years rr_AverageAnnualReturnYear10 3.88%
[1] The benchmark index was changed during 2012 from the S&P 500 Index and the Barclays Capital U.S. Aggregate Index to the Dow Jones Moderately Aggressive Portfolio Index because the Dow Jones index is made up of composite indexes representing stocks, bonds and cash and the Investment Manager believes it is more reflective of the Fund's management style and investments of the Fund's portfolio than either of the S&P or Barclays indexes.
[2] The "Total Annual Fund Operating Expenses" do not correlate to the ratio of expenses to average net assets in the Financial Highlights which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses.
[3] The Investment Manager has agreed to waive 0.35% of its 1.00% management fees through January 31, 2014.
ZIP 11 0001398344-13-000883-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001398344-13-000883-xbrl.zip M4$L#!!0````(`(U.3T($DZ8/DR\``"XR`0`9`!P`9FER4:I+'E%U>`L``00E#@``!#D!``#L/=ERW#:V M[UW5_X#1G4SL6[UHB1)'ECVER-)$-Y;L4LO)S),+3:*[$7,+0$KJ>9AOOVS#1QI:%C/1$1T^V9F59 M'`R'XNP-C5K/Q]% M,Y7*?CT-\%;@GT.DU8&EKY=J(HAV!^6\4$^VK$Z+!"&B=S.C)D^V0G[W/;\' MMS;>&M*0AU&>E>JV%#IN-ZYG%(M MI]OPY]'>=WO[.X?#IELS_'!A_,-"&9W'[?F`#*9\!FOD*2+1WT9V'0Z;MZW& M*HN7FOIWS;3!-(=#1X:[:?)ZA+CL[7Z[L_/)R,/8JVD*7UHOZ0,OB`-U6R0Z MTN6Y2LW]_]LAGZ;G,;<_#2Y+9045G9T4P:=9Q(:U?`T-#UBQ:JUT>3 M4IDK>:OLB^R9MJ71XZH$6MJ-N'UN<7MW&)29Y"9%,WRNI*V,8@C@TUKV;J1^ M)5F.LG@D$[61_O]NZ?=L_@)70?QK*@N]D>_WDJT6!$S1+U"4;+&_O;V1I`\G M2430+U"0QE$ZWJBD#RA(1-#_,D&J,LU2]&KT+)"5E(GPU&6O#N#KX="_Y&&P MY\(8EQ+\@!6C%/#/.W0G;\>NZ&_IPSN,`&`"JC1.,$RLKT%@VW3#+A=5J@QF M69=EYJWX-TQ>/Q)-\DQE>WFO[;\X_*6:H@,HL_)"INJ.T4_/+D=7XN71\=GIV;$X M?W7UZNBY.'UU\4R<71R+X8]GPW#6]K#-I,_RJ,(%=34O[IKLFT?[/[Q\,>(1 MPS[-2$?P*L;7IXFV;2U56)OM12QP!G[,M'3["!1DW+K;]/R\>C5^?G1Y;_$Z.3XZNS%!4XY+/##X7`5 MX`ZA%^-?(?#0U^J^X/-K9<'0S`DEG.85_G!V\?/)Z.K\Y.)*O/CA_Q#!GT\( MP5>^68#J(DJ+F+XT&@"97\&H7PU4T)GU\J6*'DB]T"+?")*^':* M\(F7#*!XGM^(G_,$M'`"JTB<5EDL'F"S+?QQZR'V:O M;!WG:2&S.3375I2YD-%,*Y@RR;-I'T*_5$3@F9?031:%49%&K9\)"9/!HU7F MFE_`9+[AS4PG.,`-4`&$ZKJ&<;".68M<<5P[N2W`:M]OZ3P].1F)(U!M)_]\ M>7(Q@H<7I^+JQQ/2=VO%M(U9&]T+:<"Z`%7NJY"BH,@QL'BL@,DB5C8R>@QS MH/!-%/R`TJ$8&WPK2S'/*YAI+@KXJR?T.*[FU'"6)[%@FU@+.DCHHK"LI8Y? MX@4:9:"F:VB/94&2>9^(=Y1E?@6*&F#A(18/EHF&!%.P*,5<22,DT%9`OPCT M@YS6BN%:)A4]0`\3J)"'BPMN#8T<":8>$PG$?\2:#5J3)VJX``.XMA)F3JHT`T'3KQ>B!O@$ZBLJQ1J`G/O_ M'T&$`,!J4MR)JZ/'N;S5:94>5VF5D,Q1PNL8>D[5BVME7DPFI.)`?44*P(M` MBR7VR=;9Q>G6NY`KW)D2Z-!18^=7;Q.8OPL$!S8+&3G`2.V."1T\88(5\ZM@78&M.[OCG8\.W_;. M/D'XKB!XK0OJQW@:!P!B?*;CUZ<7K]]A*V'-(%OB8^#Y:)=5X>HY'5KH%8%X M9^7.!T'PK<-]'%2WOR%4WSK[(M*[ZY#^&&+7!G'=U(L@[GU"$+]]U(9QW=QM M-^X/"\LGDHZ=[[\+_:IE/&"]_R(UVAASJ70ZKHPES?5'\7K[>!\>SS[R;X\U MV]OG=XA?J/)]>;ARB(_#QF]9GZVU`8&;!SR^MK1`[G),[BK_N;/>`**U))KFAAQ(P%YQ21L!C'5$1 M*T9N\#D31L5*I4(F"4=Z[5J(H`!_T,X7N:F MG.2)SJ]`/>1@_>ZCB:N!%![*!1VQ#HNG:Y"\KZ;.V8]"SD&?&YE94`N^UBJPQ+;KS) M5"R:/2$G$^@=&J2BV6T>B&<5Y<3Q1GR&K\3NT_E]7"!U2OWEY=G%\=G+H^79W\X^QD MM#:IOH#<`LKOXR)RNCL"22UDS&=[4+FAY&(7]WRCXW+V9`MTV5=;*\AU#+Y" MGDCK*=,O\P*H4S^.\[+,4WA34Z,T?AA@90DRG3BR@=]84*MNA]K%OAV!`$,, M=O=U5H\S+.-ZR+H$7(;1/!WG";<#47_\/SN/]GAP;';G3`&_ MQ2+#U\YWIW!1]PM<5$DR#[S?@O:1-+T3ZK<*G)-N)U`MX(F^&HP&[*QD\&:P MA,$B0`?B$?(.P!\;W1,_JN1:(2L`$M`J_08H23/RM4MH']9YE3B MP*F^,@=03!6!SP5N(#B%JN4E8KF^)LL3*PO80)M8C4N!YS@-E1^YF;%\@HQ. MW;?;B16^U1F?`\96?M51MD%;6V&Z`3WC&TZ:@,,8Z0*@(V\3>F/&!KQKFLCG M*_`T*.63PJZ\+&U4%LVYRT.8'E,EJ&Q@I+"7![W;(0]V#)UFJ)9P$$Y9 M370&;-.>#YPF6F0$@L[DK'G+/C\ELLIY@YV`K@!J25$*;&%V__`#YGF%**!HO<$!DMP2U`B>8P0O#"<&(MHAFHT5JT,*;9]`=%&"XU'PF4O!F/F4+LUQ$B=2IR]=YY"2/(]TZ06Q&, MNF63U"^-Q#TOVI)B.0XWJ=C>-?8P!EMC4=>#Y0'KHP#&P)_8B/U&[.^YV&MR M:AN'6KX.E!LS+.1\=GS=-# M\4MN(,RELTL#<03"P5V2>6\%3#[X(A":=##;(`PU$FU+%VHU%HQWA(1*%D%&J7;63L,%5[`"!#-Z+5C&76M MLHKWH"!VG6`28V+R5$QS+-2`5W$5(08@NA`8]8*""DP:Q*I'`;#E^LYZE\IO M>ZU#$DB[]AM6MLALWCPNV3D:6/U'YBJR-SI18">]YDX)\U)WJ4A@XEIJ^I:FCFY"BY! MJ-UYLK@R--K#'BS%W)1\.'$Q\>YWR")I9[0##/XTOM^LQLUJO-^K,:?*R)C,K<0`^W`TDUW[P9][4-=@IA?7"D1ZM%9S%@`J%'D5MZ MV\.^-PKSYM9'*W0X&?KEJ8XP('4#N++T!=B7JA-Q(TR*K*)R9G8&+9FX.LBE M$L>>#WK.&GO'A_\,U:CKC*"#%G6!TIP+W?G\?4R[TKR#5^_"]7AS;X%N`!XP M$>DG:'-9YZY,<:DW6^``&5<0#K9>C%6)>WE+?]9T-F`]#[M4[3J!->6X>-]&7^2"LG+L]%/ZRLB`T0" MU#[T89E%%7JW0G\_]3)"P]?M^BDXDRT"+Q.@0FN M59(7Y(\.Q#,]H3WGDBH&ZBL.ZHHLG!4T@PBS M55JEK4O2QIQ[A9855J,ESI6F8YTY>4/SK/))Z$LL M5051)/U)3>IGEI"-EW\/O?R@/.N"Q+(VOVUQ!<\2Z[8JNN@)%6!=P$A))*P< M([=[[E2AS5Z;X MP#1NMR]76/KCTE@$:9NCU,YW:U5N!M7$.*]"249Y!F=Q:I3B]".)*1H,ELJ6 M:'4[;MJ\J;27(H50,,72?B[QK`]+01K(A/U.53. MIQ%D?B32#AX:M1A!L^&R/@_6&G6%0>;3#>`F]VCGJ3'C05J.E!T1$H,P8F1C M]_S8M/-32,TW6(1EM"N8/!#-L6P7DU'FBJ3B!N`J58,OQ.JH"\'@8$6%N^:R M(2VJV+PJ\>P)+O\>8$D!H5%%(B-GA80%6YE(7PLR$$=!"$G^/T4<2'"KQY3: M0!]&XEX;<'A:7[8I^638BLL`'_/A;I=#6UFH;^`!_E^JS1[:'_` M;1`KO(9NI^4V>*_@]_@,/#.>FR_5"M^C;,[X?.G.Q>=.DYSX&NXKJN%V&L'G M2S)Q+C64]UI:DBJ(^$($,MU[H'`Z9@H';&<%-GO;=1G0\+=8&1#-! M099F^5)9,-ET!69]B"ZP*`#+JE-B;(NY^LY5!WK9=8N,YUR>+%!@!!TNGFX' MPJK*B+')WT!0,U4+UUL$>UYUW1`"1C&%GW_A?"(N6E;4C!>>IVKNQ&UCR*>F M2!-ABIAVHI`;$OZE_2%,1Y7M^Z0+7(%4[+=RR"\CG?2Y5])9?0SR$IVF8P[O MW4IZUBZJ83/E"F*8T9:/56;HCEUK5K^!I]5*K["PN:B;9:U.>$@\B1H>S<.- M"#H:RA+<&HKIRL*O7VAM3L43._XCI^: MQY08(?5&!6/T*U)J60&/!-UG?^*4QG+7[I#S%5$JGAT\69=XNY"`HQZ\7">[!YW!#L:TW=X4RM5X>P0?\YDIUOG@(>(]O;`.,G]H MB@O!_2%F*ID#$YPPTR@JD29F_8$Y+0^Y#_[$49(XPX`;^:[^`BF>RC=U<[1[ M=8(,B-N>LE5ZJ#H=6M*!;J=2ZP``Z$C+./Z7PF01C,0]7VTS@01MR@M&5 MK[=V46L;2`-RZXW2^"3NHA,!OU%?)V"N9GY%+61G:W$,CRE0!@;>SD!8L!W; MG/",U8*HL:Y5I6FN3LUW):`:47;O=!]J_,#=2T)*G5ORUIY M"#ZIQ&D=&>8;_'4.K<1:<*M(,)US#=\ZFV"[RS=#U/F`;@=FB=5$8NIJ/+\+ M10[%<)0:8@_>U^X6/;^_#L_MNR#PLXL86]G)L)80'_%*),21U@\FL_IOLOS& MP]1V+FM;Y):UY/(-C"@]L6`M/\>;7_L>C(6"=_Q5.TX;X(S$D'!U]KFZW?5^ MR*17ANKHZLVFI8(\KRT`T(:E5(88>,-LH3=>\"=4`L]1-&#IMR_<"D*=Q5*A MD-W+T;8[`M_>&F_GV3B[V[ZPJSXQC*D6&LZ[/5Z0IFPXW8Q\`YXW="YSV7Y) M%4PWX*U^JAM1OG!!8G\H+"WCC'^6!YOEBU=:K_R=8#YCE/J;DESCN59XW)/2 M3L[1D'7ZB[>B:+^?HZG&+;%Y_4N:\%)2G()T)>[OUW5M=-5U;C1022;_W]ZU M-;>-8^GG[:K^#USMIB:9DAQ*LF([E;C*\67:/?%E?>F>?DK1$FUS6Q:UI!3' M+_O;!^<"$``!F8IUB]L]W36V3($'P,'!N7_ZF.-A.M`B`R`\R8E-B7(8TY!] M@I0*!\;$G%V\+YSH3>&A'H+`&T=)KY%C<+.2@'-$@+9[6BX>C6SJ6,COH*_1.]R];J9NC5BF?EA/TJZ`K`I"7T%>+"6W%?R&NB7JR" MU''&^\%Q)$BD8;>@BVRM/X#8*BQ+A&G;D]-N0;'[,KCU9V=OG@KA\-UH%^<[\L[;-@G$G!@ZX0C`3HO:8D!D%QOT@[`[4)J59H=K?>PR;V[BO`K,$ M2ULDM!==]#E+$V]0=7%"\/5-G7I,0HY"$?#5H4%Q$R#W!/0';3KR$*@74W96 MS@X[BN]RH2#]H@-N#C!JC1^7AOOY)WN6+R=@,>'2PI4J=D*KIMQ5^A$?"Z.: MNM1L0%.("F:$B'Q=VN"Y(8+)N\.^:LK,`8/%"JG3J`_ZF'CU%-E;A3'W2`8< MQGNU@U-^"^5R0>!6W@Y'@JW!V6TG$M!QQFRO#$HS1U%0]02[ENQO12K$"],O M@.FA@8Q1?:98AYTWV&%&ZK]ZRDC%I$N0[C$D;PGSK,BAP5'K15[CSS^I[\MP MO?_-,(#RV%Y3;1/Y<<4:(=C9FGYZ!8$T%(=SC!ZH7>#EJBSQJQ^F@L6=6M)=\N6A_#QJJ\)TK7;0Z3FF)XGY3 MP[/K^+[P.Z!V`57V^AC7J,D<6@C>17JNGAA#Q]J`!K+RZ;@+.ML@0J]3]@CJ M/IDX(KW^`XS,E1#@D)])NK:L:4N_0K$9YIXP M0I=FFI/T]R%>DB>M&%;H.&/*AA(WR92T&3SP611*F>H/^5$D<9 M8XP0*,@WGZMZOS+P)L.$:DHJ+^&>&/[7="!(/TI[8&2!7V_GY@;\<.#-+RH= ML.,B"9-S/*WPWVG0"4/ZDZH1$9S:[0..F^S&B9DT..8-.`.XV^;EL(>DZ:N: M#/!'7"DY&2E-B_(_4%DB\A>^W@PWWP1;FYL-\<,F2##Q2?@F:'?6&UOO.NMK M@76,)IZ.\@G"\[5+=2.K>8AV@/L:@OL4%X!B(M8'HL"POM0R!U;R-@';'%#]$I0M8:0(_IXGG"^GG.7D^Y?I6<#!<#X&`?BH M!70EV+U'N,RZTY:"Y"I?O@?&X#QP M7-VSXZGOH(P[PPUMA+*>&S`B-];6MUXI^>X=KM-8V MO./MB9L2F4,.:1\3WQYX9/5*ZWD[?'D3NP47>'F?>2YOS_IX%<3*6N%2)(G] M?I0HF5`^"'/N08F0OS]=SO``6?;E-$NQ]\,X/P?AOBOLP]P8Z._ZPP6)1\(& M$CJ:]>C_E\27=U6E!*,-U\5+"7IZUJ+,]TH_2>?BIH\/!S+N-7O2PJV.CS;S MW7X:U2-[&$^:CJ9M<7":C?!=HQGZZ##&G^_N?4%EY0)THY/!7@(9^5=C3)ET M[VMK?14V=DJJPXWV,K=\`K4_"C,(0_\\ZL?NY6UO-%>;*292'VZL)F\HHF?. M(TGO8RWI?3DX_N*CK_>_=\)<_N(=HA9\SU;1J*Y-:+:WO+LP)0L]97+F4+.> MI-CNS=FRVE/F:HPDICK%W%9!:.7#3A@Z66F)FH>?**$K+U[*$#FKL%M7W;LK M]YE8;WD79O[[Y2>KTUF"DDCD?,]^"?/D_05E:5('HZF5TL\GOQW^Z\/;TD`\ MOWT.Z1VGHUWNSA/W+E)VO2UR=[`\6JW@!(T*..V/N6;5L582HZ-*@4V%^@,1)4YN6'181FL,BGO9;E"5< M]'IR+1U:E<71/&.`MINF.OWEN>]0!`H?.[T5K%AMBIOA9D./4&V&84/&IVSR M2J\H4W$:Y:.]%*79(\_>XGJZH4*-U;C;`MI?OCPU9Z_XRD>KBQOE6!+";I,[KU MOW]'/&$!),`_MK4>S@>GW`[QK[4=WE&KO'TFF]$0N]':V'JW(Y\:DN M$./I5%#>JRX#KN)!]Q9*=KC/.$1JNCQ(CT)*&.%19584]/_N@+]4'J=,.!!T M%F4/Q7>)YH1`*8/QD'I8WF''R9C^&F,313$L]`S!INA0_U/789*@Z:.<1!ER M1;RZ#\V,?D4LM+@NU MMCRGDE3U,(*79RZ%(LQG_H`B_F>5C]+JYQHX5\<]94]@3-Q.9YPR<)%>1-_V M9`K`$U9HM?(0D#-*:WY.V\U[:Q=8-N]`W MY3&378XI3*:0+&;7U^VA]V5OS"GH]7[?'OP4P[3[@][C@XN1MTJ$&]\7@P?P MSX=^,OCS_76:CJ!9]V?Q2_`-/X(ZUH\UF11=XT\ALOJQQF'7^_O[-0R]IMG- MVY;@2`J\PH,U2HMQG,XK\F>SDU=_H)B"YI8QZ M]\B(JPB=$>2+`.%X,JR]G2N]4`,B+I'!J/FC43Y/4B73[60FR>+^D2\1/S[" MT_UIIKH6^VQE1EA;:]J-_S MZNH'5%NFN[YX)_1\CP>-R_/:]G_\M9QU<"T9NS/7P_2XUZWRX2IT1U8=YRP' MCN/1$T3!H]0N7Q2429Q*%#B^SJ*@-6]1X*5\%J+`8:,@^B-T\H4M,'%8A_,)7=I614BY_C814R1YD=MGZ(L[@XY'NBHRL3%BTC80!.X]C M5SUT_6-0;06A9T7T\F5&F<2I9(;CZRPSVO.6&5[*9R$S7OP\/Z:?QR^(S8_! M2(0_B>?_L]%`O@K7-]L;02/X)1+W01("UVS+^8RXD3?7G('+0[3P<<:F-96MG!M6Y_3^V).].T/ M;YV#F@2]M2GZ\-9:A@^4KVW-8T1%$['A6R@^-1Z.V0>@/QJ;?@'Q6NTU'][R MQFU7W454'L7PX5;GK[VAU=YM.*W,S'&+AF)=_]),-2G=]H7=ELMNU6EPUC_4 MMB$ARK>]+US_2"+Q"_<_8^Z7V_P7/`57W7$>)2_\_23>,BB@%7U.K"2S],CQ M4*TRDXV..59F]N/K$?6RO3PZVCG[(SC?W[TX/#FVRBE+A/.$3F0OY569C[/2 M]/#XM_WSBZ/]XXO@Y-.O,,'?]JT)VA.QYW=*A9E5"T47.]$+L]=9T>":+6NW MZ?L:_E2#'VMOX,D#F$5P2M,0#X]DA*4>'`ZZ:\'K&O6+>Q"/)P3!S,F($68U M%#!J$L&2\QB$!7\G9H`^%9GK`'X")HMR%XJ"&.E:A1R/[JA+L MN%T5`>%DXUX!XS?4S#-?:78^V-\_#W:.]X+]?YWN'Y^+7TX. M@HM?]H.#R^,];T6T.3-SNE.WQEDT?P._4;>3N)_>![TX[PJ](Z;H6PEMD!H& MRE;LPPCAT>'7JS'!Q&"228$JJ/)CW4OF;8VB(H\R_K0;#2ODO2]V\2:'2H/7 MY46#!4.`6&C\0YW$RQ"Y*E,;NY049^^-?>`\:\1+B"HN;$><00ATJFI\;1V? M5(UOT?#][3TTC!;4I(]KR1 MZ5$I5"T?97-9.Z3LT7?;-+87N'JM+9-&W[NM&K^Y$M4,UXTR.!\5^]3)?A45 M02;-K:R8=#OG]"-H>TPJ&!K02Q:[_PB+XS;N#U%'X19^A(B1YB-OS5,!@NY\ MC)I!-OC_*\S',#MY)7PS^NQG6Q9H8+Y'MBA"4OMQPD,.M!.\3 MWP70<1?U)M9!N;TU]GV[YH9N/(I%#G:^99JDPF8TZ<84F*#S2O:@R^BA'HJ?,\U_MA3CMBUD&)2U8/KJ(\QA9V M(\190X*'A(.'@S#0-_3B%M]_/Y&3O=JW^=CO8IO/%'C24I0.DZ"Y:!O5Y^Q< MI%(!??@$F7IYOE?;;H;O'(09E?../[5G24*;:YE<[_&3T)DE"9V-=1\)'2\) MS7"F&]':\"U#,\3Z%_J?LU!Z%6^Y(B5&4FFW>//,PE<-OJJW'5\A0\AW&671 M((^Z[$1`(8E0."-P7>0,!-[OYP:*II"[-2JO@6G6"+1`SOZ-$.!20&OI-[PF M7"Y-]Y1\K$2$!/+&7R0&3U'*@[E!5.W-C7BQ5%)W)6U,!!3&:J9XDI+<" MUOHYWL']#;AZD+:9Y%#F!/=:W9-@)&>(D#N0Y]5JOY+."YGQK9P8QI*5>I-Z M.4DZ,;!N^N9A%8]1T5;[[/!X]_!TYW.@N]_>K"9V^T!^^E??'-QCW!CO?4:2L6A=&S'NBE0Q(?A-DK M;D4XU4@RY!X20@OE"[8ZKZR$0G_?"0/0F6.#\LO.56=P^\"36AZ-1K`X.>/S M@)$D,*+TQ M`;+ED$PD3BE"PUE84_DS8O5=NM@T'M>5Q(';[K&`N/AR!.D@#3?&$>:^2BA& M%!^H/EU"1XOC$3=B$,HBBT=!8V3?AC_\,L-!>=HBPPB.)4:9C->-!BIGG<0" MRK8;9R/PO+KU-U2.AU$"'F+8,?&6/!7BG]RN>#:HIH;5:4D*"9BH![W,"I1J M?5HHB)[1?I*5LIL.P%.0>5O9:?N'QZ'`D2NV+8$2)5W*V%)OZD*;/29RX*)NC90X[L3FPZAE^P\V+I$'P7R4 MXCQ0FIB;$D^W.PI,VF=Q$(I\OW-Y/_,Y.+*G_R"O?5!;Q4KF8BQL!`GHP`9( MI;9WLANC4*GN8U`V\F`\8"FFB\]BL`$FHT=,D[.%7.#8ZR6)X%4)"PN4.L[%AAK2.&;3W0<"X9PQ8( M1C^DL"U[XRZ3?!M'_=%M5PQ;)ZD_?D&7'D2Y?1Z^=EC5U$W^0&7@ZNHZ]IABXJ'4-7/-&/[D%,D`Y""M!0 MF,E\._&UA(;=`"&`OL8#L<:'+P48*AH+$YDQJ-D4)C=)0/(IT,WJZ%;K_)3<#Z'`AH M:R!1.VQ7N6F8'/6%$!/ M[O6M31<)FVX2MF:_",V6L,"S4FOF#0NL*SW/#A9X.C$V/=I;*6M\ M5C2MM[VHC$8&N>?O<[GRVEM>P%J543['O9L27G?)NSHEM>OMR5"C<][O*:EM M;TU,\!J)*W+,<-6>Z98 MC:S=+1VK476@?8FB+A6KD?=AWI&?96(U\A17!*M16_#GAM7(4ULV5B.3`3X* MB`7;E>ARN-7^2[4/5Z4 MU8\K+@UU;^(*K5;,<6K$/728B1_^#5!+`P04````"`"-3D]"@$3&9G8#```6 M&P``'0`<`&9I&UL550)``.J2QY1 MJDL>475X"P`!!"4.```$.0$``.V976_:,!2&[ROU/V39Q:1)CA,H;4%EU=:M MTJ16J\HJ]:YR$J=X3>+(-@7^_>Q\0#ZA&V$@#2Z2X'-\SNN3)R=&7%S.`E][ MQ8P3&@YURS!U#8<.=4GX/-0??EZ#<_WRT_'1Q3L`M"N&D<"N9L^U:^+C.TI" M\8%KCU_N;TB(!&7:J]$Q+.VC-IU.#>P^(^9)OTCY&0X-I`$`%HCX6(!A#F!V''M+JF/.C'1\D4%6'AJE+.;.8;E#U+ M5[,+LP0+_PD'8AYAOI@3^T\XS`QJ7A^8%N@NDR@?5Q2GI"EZ,#$N?!DK^G'L M&,_T%3*FQ'=*D5U,*DKD6)UKG(?4BCA-1)"E+R>%HDR[F:L%'V]O1LX8!PB0 MD`L4.KB0@JRH9F4"X?2D8YVMFI)X+%-4;EBJS>KW^S"V*E].!CP6>4,=)&(N MU]YCK=%#?0.9&U!#0):W:QDS[NH+&!GU\3WV-'5^N/_>>!N5'8XP(YCK6JQX MH,@9ZIP$D1\7)QX<,^RM9$&>P?)&*S'OD[`_0G^NP[\3=N4CWKZN..HFLNXP M\R@+%#VW&/$)PZUKK*;82#"C/,*.F+1?S&7HDD#$G$QC>EF1J9B6K12Z)("I M#W1I@$@(`AS8F+U=;?DYR5J9>D!ZL=!BX(UU(M]O4YT*MWGM2(!#]>(#R6); M+5\Y]L9JQU(5QF4I30-_7[Y!FJ9Z9BWPXW5[+NEFSEO4X]-Q7[ M+KAIK)5BIV8%N^LW_QT[RMCO-;-3L.\E.Z45M-YWLGSKX:GY@;9MDJHIZXEJ M]-L.6>ZO`$6DGJJ";1=$K:V9(JNT@I2J[H&J'5+%HYYIUD.5-^TM4T7]*5(G M!Z1VB)3M!'9#G\J;]A:IHOX4J=X!J9TB->&HD:F<;8^A*JP@I>IT'57)N#JH M_PCDR&]02P,$%`````@`C4Y/0F/JE4[](P```M0!`!T`'`!F:7)S='!A8VEF M:6,M,C`Q,S`R,#%?;&%B+GAM;%54"0`#JDL>4:I+'E%U>`L``00E#@``!#D! M``#M76MOW#B6_3[`_`>N%]CI6<2QRXZ3N'E>WG/XO+Q\_>4_7Q<1>(8D03C^ MM#=Z>[@'8#S#(8H?/^U]G7[9_[CWGW_]XQ_^\B_[^^""P""%(7A8@2\H@G<8 MQ>F?$O"/\_MK%`SO#"_IA?Y\E'J'XV_?L?P]!`@%%%"??SQ%)TF4P0W,T^[3WE*;+[P\.ZC\> M'!V.C@_I__;^^(='Q0&EC+9\E^NEK"9*W#Y;/D MH/S`]$[W#T?[QY41)A.F397"Q,E!_G$M2TA3+H&SMX_X^8`0!OZHE7((D5B< M?A#)GA[PKTPV0=\G'.0UG@4IKZR]!0VD$NQ?^Z78 M/OMIGV;O\>CM:Q+NK6LDP1&\AW/`07S/:L2GO00MEA'<*WY[(G`N!A+1,F;Z M!S%\9(V&&?FX3^WD1OZU^'D/,*&O]U>B.O@8!,L\D2AX@%&9U-Y!U6;8[[3Q M?6M@A*\IC$.6^.N:AR*[<@LLGZMT\:R18L0R'1-6$%W>HJI-_]ROJBQG3,@O M=P0G2SA+LV3R%!!X$05)RYV5_::.E/OUS3%AU]CE.4KD3UK/W9!:3V,`Z!@BP]F0<0GN\WQ. M.R[T#%7HFD(NX=$.'^'P9J`)PK^R9+][[\<5#!V M@:T>RW<"74L;%(D;!B\9ZG=#O4X4_),G:PJMU!'8">Y9%.7U`B:&<.JY![N! MSDV`W`;(C;P!N1G`[)C@HG(>=FN-M!.#)ANBU*?8N6KD4$UAE+@:.Z.LVIQI MI'T^B+&NPFA=4+HC.T$N4P0L2=-PQ0[*3GC725H!+'99=AWT:)*`IFD4L=B+ MV0EID23(TY0#/2--URP@LQ(F_6L/A$+B8(:I%[!,]]=HN/ZX4I*L+X4&1"QUIQJ0!5(#8M9SK1H$^E0& M9"/SK2K\8@]L0,A")ZN)MR4R(%B)M]6$VQ'R`'"?TR5F(-?R@)+0$Q/S:(EZ M`%[LEXG1MV4]@"_VTL3PV[(#PA>[;$W8;9DVW)I3=DW_]O]U3>OSZQ+&"?S\ M&K"%P9]A0/(5Z;JO*Y2QOA;2M'J+[V$(%TO6?'50"N0=(^96CS7R\GCPO.Q! M*9`?(B]/-/+R9/"\[$$ID!\@+T>'_7DY.APZ+_M0"N1W62=0=H6[A4KRE$&1 M]!LP`C]_/KLW%!76[BC-5Q[%/V!7CS2;EX16G5E?=5QXG/F%7##F;E(=7G%J==4]Y<$EO ML"L&G0W*0\CI]W#0[^&@W\-!OX>#?@\'>1H.LKSC_`+&*0FB*]JKO_X-KCI( MA4+NX-W#1Y10VW$J.DD@E'&Y07E*TVV#:GQS`>:,6@N9Q2]1\-A&T_SH%,XE M3&8$\6HM1567<7B.1[2?O/6U'TWC,%K]B.1^>422&ZY_^65R2/\[/GH_&MW` MQ0,D;1"=[Q9A'+[[>/Q!`:/^W0Z,"VID='AX8V("1@.2+-,[F@ MF[.A3SBBL_PO$"87@7#\E4BY1L?W?$IS42UL'>M-\(H6V>(B6V01+\5)$-&L MHJ`>X?@9DO%\#@FM=[3USCK.Q&;*PW-)G[K#GIZ2*^PUXU>+)4Y@.([O,C)[ M"A*8Z);'AHFXXG8)J54"PRUJF);JT#P4M4NI,D#=&L?W$,7/,$EA>(F>44@G M*LE93/].O2STD+%^,NDCM7UZ]GVX=:B!]JG,;O5#QYM3B+K%J43F8MRG'43\ M"'MS3"[H$J,"E;,6=3:;X2Q.BXPX2Q*8=D[IJT3=X^Q%Y]H[$G8P(A'[LX4E M9'YL_%CXM3*O4BIG__X1?I;E2Q:''0QJ'U-?T4&-C(-'R$-U,'=&9,U&(F<= M87W,HD/8!))GZEV,CAY&:L3:>DX9C,D$+5`4D%L<;\:A1],ZBPM,?=>85H`1 M[P#*"BL'WZ_@#O/1IIBE"NXP'V^*6:I@OZ_60SH8OK/9;QFB_C[K6*Q!T MUM^4,9(\HM`+52[O#/$]FV^.Y[699S]JI8XKY.<$!M_X3;G4X>,S/UD?+Y)T MC_(&Q6R6>L4C3*P/OX?Y4'FV8)!ZL??IN]LZDY13FCF=RQ`XRPB+ M&LNC(INHNO5U;^$+JP+G`0_J?TY2M*`#B=KQE>D,Z07W$=A$U9U'7,_5'P** M*"4!)M09"LAJ#0_"^"J>11G;0"QSG#=.R&$[3U)V#_04W\-Y!&?I!:WQ4-K' MRN6=(;[%Z06F-J,"!FNNEQF/](";KC>NV6K= M`9EL4./E:@/BWZ3N*_2&+P'-5J#4=,Q".[0AEW>,^"+""1T(-?%VI.VOSU)? M-(6/*\G8WO[L#$]_?Z>0=(9R'>B[8.<>V8$2X?DA\#@H('%*%T-9[G M1[)4SZEMD(A+;N.8'^$>DVN8J.`WY5PB/`M#Q'(MB/*.FA^15B`5RSM%_!R@ MJ"C5NR]LDKSG)Q=TBG%T>MJY^N$1WU(#IR MCJAS@5'GNVM$[WH0O7..J',Q4>>[:T3O>Q"]=X[H0P^B#\X1?>Q!]-$YHM,> M1*=N$1T='BK[;/[=-2)EG\V_NT:D[+/Y=]>(E'TV_^X:D;+/YM]=(U+VV?R[ M:T3*/IM_=XU(V6?S[ZX1*?ML_MTU(F6?S;\[1M2]VJ_SW36BGCY[Y+S/'O7T MV2/G??:HI\\>.>^S1SU]]LA!GUW.^OO7=162SE#VK>]*Y9PAO(=!@N,)9#$> M&.8/1B)V+0L[N4WPXFJQ@"$*4ABM[@B<0199R]\:DW'9(46'K/DRP1=,.+Y; MG/*K:&!X%5<7+,H)ZBA;Y\+6$J:8Q6UR0-<,91NS6,A9/K?-B\)12MG!D.JB MM(_P!_3X!)/T[QFU#DFT4I2V2M1==%X(0E7R"HV!46^&V#[::_RB6144DL[R M5(A!51'D"L-BW@BOTQ4\U78%'_8H<,,;;520:=CW=04/3DN6=^22SO-6.TN' MS4GQ*Q)RP<$P=H-`4L&A,`JF\U+!(3!.$-^K4RPL:F!M*0R!6;U@VB?OLM7? MT.E51F#K;?1NHV_*V<_3.1T"I\$K3,9QX]9(\67E?>+#X657?[&]#AOB;JDY MN(=MO3%+>TC0TNE'#NK`-2^O#W]=!$LDSM/&-SOFD^7)X:'8>OV3'>,/L\6# MA'K]DRWC61)(K=>^.?=WU_932!Y5.@+NQ^'.HJB:\3TM-S/T-D^SP@^!W$ZQ30'R[NY>N?I M,CWG#,8QY)WV>%ZZ:),G_*)RD)5JSO'7KBHJD?"*T1FT]17M^Z#5T:\)?(9T M+K3Z&<$HE(1-^L2'PRL]#:6A,1AJX;$(M?!@6'5A#H*0MIC/OV7HF8[6<:H+ M5Z!D'?OT"9%TU=/*Q$*NL4E;E%3.,4)AZQ&).,:EAN0037^K4(DZ.3=:K`_! M-$"1.O+1(UU#R^0;>`E,<$9FL)Q]%RG2D3:!?#U-\E1Z%>S6>7ZZ2HZI+2)J M)G[\M`?C_:^3O;^.`$NR_@JV#N!6'J@0*QY\'@K]AME];!#P,0>8Y[@;^9Y?R/7_I?F=;!&\F@7ES]S2Q* MR6/3.X<@0L45.`A0]0[P2T3!&P)$W!%#]-O1/.=9+&,8K>J]X1ZMM:FB;P M$NDCUCL!K=($+%$32/5>O=X)=3M5OV`_0_*`%1WM%V8)W.6FP#5^`3]B]LPF MN[@`L/M^[-`1/?J]>RG44O4+=E\I_!"\!`B!FRQ&,[0,(CLY+WWG?+?QKY6J M7[!WKO\@?Y0`$\#CR%;8"5]]W[E0ZJGZ!7NKYF"A((CRB?O='"Z:[D&>\/?& MH;;W@YI":@AHY[%[(SBKQT$`+@V8RMHUXCN"%L)GZ(U#-XU\`FQS>@+@T:XA- MZX'[]K+#;K6G2AO,:>)OP"PP.0UI89<$B0U32)D50P1Z7[<7/KYNC!"O:M\Q M6F`9H!"$B-`V'JW`G.`%6%'H`*T[KS^[XMQXPJ*%P0M%&I)M,&NL`YP#-;VP70 M#OC[:H#*0[B`H6'6=;;Q/HF<4PCAD>ZH;>ZPM98FH%J"J:9`U,-K] M%SK"'GQKGSU@Y@BIY/Q-'=,E76H8/OZ)\) MZ^23=<&"%Y0^H1B<'H(P6'&'8EGT"*;*?&.NF\>P&RS_AV;(_WJ&7;RH\2=. MX$\M`E;JF(V<-N8TKU_4M%$[RN3S%B#H[F*8@H#?!F^JQM<8F>=@MB>NWD,4 M/'-LI),M+#C,_@XULX0"?AH,!`6ON;$B:PIG%LMTRB*(^QF"X&JZBM(%:\F>RX)3ASD.VPF^*4 M#IW%",H9KH=LTV76_[:4L9@_R`T9`GX+TR&SG]8P=EB)N?)@G;[ACK0,(^<3`4&=;5JG*`%A;,%PJE8D;%+,8 M2+5OX1[F_L097R^PQ>P-*`R#VHZ)TK1ALF6UF)(@S%TRZA`O4)*PA0BS!-5#YDU:\8;%UQ269IWYSA]N@D2.@Z?<8\S-!5I6H_R:U.`V0*Y,>YJYN9, M4ZL=AA[/Z?R9P%E&V*J=Z2C@FF'-(NM-ZC;K,4]31!NSFEOXPNK*><"7D#\G M*5JP!_%L3'%HQPA?>,U\`[@]MC*VMF@LQB:?`=DAV3,/LLEU[7W72_2'@!). M28`)]2@#LEJSAY!=.19E8>U.!C,5N%G.@"(`#0C5)P8"E"@,>R[WM#MGRY=3 M7-R=WQILMR>+TE]%)5Y&FZ9E6$_'YBITH,XR['.`+_&R5'50K MFW8)V=I^V&%ER65NE(O1E:/^]1,TN7PD+*_N M!1!F&>4&MCJMJ%=*]?.K[IH2;I22K?FU@**+9M9B9[61U;DY:6(M*E#<2-WC:S/@Y,],5A*5IJW+D M>$U7#):JK=Z/I6V\RV.)VNGH.%RSO1M+\AHGD-_G9FIWTPJP)`%/T]FJ,KL` M83R?0K)`L<$^@R4+QG-02]AD4\1QR%@E:(Y@.$F#^B-;)AIC(WV#P&OW_[&P MB4G,/&F0I[W5L7Z9SYAG>'H5LU<`PDNXI`TIQ61%?TA1FIFK,RS@5%@!E1E0 MLV.RJS$Y0;R_9@IP6Z8=D9H!6_Y(S82%P('XIORK*,H2[LHF/P8$!0_\7HSQO'@AT0*Q MFG%0LPYJYMDR7`'`?.F-8WX9VYA5%[-2U M!JD@!=0@8!9!8=("O[L@2=D#"=PQ"=&,MMTO&6VJ-LJ,V0+,&,@]E-P7C,Q MM3==\2KB;CLP\FW">L)6Q1&IZ>;7:(J1&0-X9`?@9E=!JP`>VP'XSAC`=W8`;G:WLPK@B1V`[XT!?&\' MX`=C`#_8`?C1&,"/=@">&@-X:@$@M6QH)&$IV0%H:"1A*=D!:&@D82G9`6AH M)&$B=@`:&DE82G8`&AI)6$IV`!H:25A*=@`:&DE82G8`&AI)6$IV`!H:25A* M5@!N^+"#`N#(SD@R,C:2C.R,)"-C(\G(SD@R,C:2C.R,)"-C(\G(U$A21G=L M[>:HQ:I,[^DHH=O9UU$#ON7N#EF@N<2=/^X\@2QN!\.MWH\VQ3"'`DHL^=WD M8(TFOT>UA@>L`8$PD`W<*IB7U[/ST&IA M&:`85+8-U6&VB#;%+!"7V[XN4>[.BZ_/I9A'^=;!/YZ^X?;7YF`N>`N;$ZSL1J@UZQLZL\T(O,2+`!G* M[G-($X<@#5[-W:G(;IF;L@3'<>,M`9.OJ>V7732W!K@Y=F=(PZ"Q.U)DC-@M MN&R/DG-F?`LU,\UVWO)K)?C=I,88U_:I6AZUZAM5ZYO"353&QO-X1E\8M?6P MJ(WW1"_Q"_@O'--:=(-#=BDDBWF=/3ZR_:;L]9WJT**QW<(-3D:?MK3UHJ6- MARPG_Q8LEO]Q!TX.#RUE[;')K#VVE+7;@.S+6CJ?G$7LU13JH2-V]>G7MY.W M>:5F3[(4W62FH;D!N75/6$Z#GF3XCRDBI**+%71+*AKCV^K5=V\G4$\2F<,I;O=(VC M.\M>8UVO>M1EZ@=WJE4`BPLAFO->6\MSBORQQ,3.:EV7A^%%NS8-MO'>TO;^ M+A>^R]_>#O\VMYHG>\&O_+36&!N>;&'+5(GQ1&_Q9=DSTOZ'W2-7O8;R:NI2 MNQS^+0:7C5XXOZFWNJ1QNLV$4;<^?F77,N;K`U_8E:5TRF[N,NM.N7WE=S`6 MRQ&%O:TNN-:EQP_31/`YB-,IIAE97O)L+1;+C]3D!MD:'C4)2INV.(YCR(>; M\;R\(NAH`4[L9D/9G3VR]/?9YRX!5N$:I?.EHQXG3'DTG5+C1M$=*K_ M\K0"01D+R"NJL==1JTL6)O`9QI?!ZF<$H]!H:+U^W<(;P.T`:@AP2X9#[%)" MAN\'Z.%D_.(`&2^#AV\_[%<$MCIKNR%TXZB-Q;ZZ@&G#^_Q;AIZIMQ*GQM&S M9ETEOQT92>9/GQ!)5U::=9ZTM9;<0FZX_7;!&V^R30(&&^KQH:66VD1L'JQI MF+9:98'98K-DM[<4NSA@&J#(1F"=V3@H=W)P*X5CP>P`;DC.YHS,&H0",BNY MT+_VX"HD#F:8KX?MKR%R?19U^+37O+:QM9ZU^*84&_]T][H M[>'>P:`$ZO>#;DA&J.H-,8[H>+.2.?:)0"=[]41@A?X\Y M"AXE:-LR/L"]A,F,H.:\3H*Z*3H@^.KD26/O506;Q=_:,@/BG1S2_XZ/WH_: MVS,JQ(UU5('\T.@/WWT\_K`!^J9\@?YH`/07%,OH\/#DI+U#0X)>(#]@WC,T MAZ/CP],3??0M^0'SOIJFGCVP0666BMNJ4&[`7*_PM+?I2V!78@.B'C_\2OL[ M]-PY6]``+9#R`?,=08N`K+HQ##%X@;@/+":0BH4;\!`J#._'*VM01V9XO(IS M*2+H0O$A1UBV]_8)1Q0`6R=OA]D;%*2R_N"71"-5-#HJ`[*Y"5[9@[47V2*+ M>"WAFTSR!Y39;?[\"#3;FD703.)\;IJ$SVS3)Z';H<.R4!V>70W8U6*)^;.D M=QF9/07L-<^-RG3CI(9G7^[5V+H>:R;@+]/>.MRC.#RS.K#X'B+^F#8,+]$S M"NGTG)TD:1SPT*.]2ZI#^N?K$"$=.QBFZ@>)IZY4\(6)!O:AO:W\U7/-7%>) M^\&B%[<7;;]Z"+UZ3$C9K"4*/C'1Q.^37ZOH3L6"0\Y(E^R@%AV;RQVWRCF% M0GK($#4_;,L.)W;PZAF6O_I`19TQG-3&M8"/>C95-IH^>CIH/ MK(ZV8Z50\X'5\7:L%&I#CEV;%CKKU4 M?,/=_T*GF(>6WH"\;F&J6R0RT2'7\LO;`Z89B3$%I5Q[4$C[Q*''-57*^\3C M7KZ]0B(Z?+^D.!TLZIZ$XL.S2,J(9!Z=TR2CTO*`TSV+JHSGM?B*+J\>S>&Y MG1,8?%MB%*?4T>?1"_6H*);WB<<-BEDLYHK'A-EX=P]SU^1LP>!JLNM/97C. M9:V:DB#,/2_J(2]0DK"0MY)GG^;PW))[N"0PH1E_CM.GFR!)Z;#/7#+7.@6OK`J=A[P1Q4!IUN<7F"*)RH@LB[E,H-3W*ZC:I*;)#,\ MZ^+(ALYFL8ZH-^C/5^R8R08,-EP$YQ*RQM.>68K%Z_4"MXP^0FE3]4* MN,X"UD;ZWO`L"J![WKZ_T.HZWO"I'TC;LH7UI>`EUXU;GDK92X:;MT&EMI<< MMVF-/?K>\-PPT*?2\H:3]$)`!2.!SI![9E)V0_#C2NE1=84\0*S;NROE/>"Q M#LU?,&%V&%EQFJ!/9^!36+WGK[RH00R(;NV1R@Z,7[KTJ MS[ MK5PL/3"'VNUT+)@DA]\5'#SWTZN8O5\27L(E;<(I)BOZ0XK23+'S7TMQZ+Y+ M-$L M#!'+\R"J7>G>RT6FY0FGYP!%1:UIWA`JY2/0\(_+3_!A@E*6^42GPBE5_6!W M%R0I>[F`^R(AFM$F_R6CC;R_Q%2:'HQ@6L.5%V-3"49W8%+*>\"CJ!3RAS>$ M;!1:'G#2B83[6PCSP5;TM-.^T,+_S"O.)%N:!+]YMH7FOA?F]5Y@_ M:&'^X!7FCUJ8/WJ%^50+\ZD_F*F2QCA82/F#66,<+*3\P:PQ#A92_F#6&`<+ M*7\P:XR#A90_F#7&P4+*'\P:XV`AY0]FC7&PD/('L\8X6$CY@UEC'"RDO,$\ MTAH'AWYJH(5&:QP<>34.CK3&P9%7X^!(:QP<>34.CK3&P='`XV`9I]/=6:24 M]X"'W@XCA;0''/)7OB>0Q7YAN-43Y$*V.Z7K1;[P!=?R6?9;G/++36%X%5\MN$T+)]K_+)1A5/*>U`N0GS]U4VEYBNK M+1@-RV:C;7F^[\7CH+;8D"?7&W(N]`Q)\`CUE]Q5\AZ5SX;%XF]I"!ZP516& M#X_6RF#)@K<*K`;&+`3 M%I=X$2!)`2FDARR7.74YIL$K3,9QXZT+Z8-[K%AZE7QDQ"[79OO]MF+641[T MSO3U5NP-!U%-S0&YA;\N@B72>^W1B^=!D^7)X:$>WLZ3FD,\2ODP6SQHYN]Q M&^_Q('BS)-`$_*X-^)T'?NTZGI\'B<4G86_1AQFPPWG#SXML;2 MQJ>WUJ*AY1$GMO-><[.^KJI'[&HCZP6_$U6SC0KU!N3%D=SB2QAFLZ)[8!?N M54_'O,HN\=/4]*C,OK)[(_,X[Q=VJRN=8L@O_-;5]8@?/^<2P><@3J>8YG]Y M.[9FW$NN[1''<0SY\#6>EZ[[Y`F_]$_!>I0]8EB[I+=$R2N>9`:SB?J0H4)?(9T-K_Z&<$H5(8R^Y5\9-1S9X"6GH>\%`=N^U0\9+,9$>\XT%;]^;<, M/5/O*$XW(R14'9#=]`F1=*75'\A$_4'?T_85TMYP4+1SL:`WR'5`>X)7M_VJ M%0:^;:98B8=I@"*=:&2O3IO/047HFOZM]A/]WT.00/K+_P%02P,$%`````@` MC4Y/0L1GTE''!@``B50``!T`'`!F:7)S='!A8VEF:6,M,C`Q,S`R,#%?<')E M+GAM;%54"0`#JDL>4:I+'E%U>`L``00E#@``!#D!``#M7.UOFS@8_SYI_P/' M?4`ZB0"AV9IJN5-OW:1)[6UJ-VGWJ7+`27TE@&S2IO_]V1!>#":0!D+(L@]= MAQ_\_'Z/_;QY3C[\M5HXTA/$!'GN1#8&NBQ!U_)LY,XG\H_OG]5S^:\_W[[Y M\)NJ2A\Q!`&TI>F+]!DY\)N'W$`ATL^_;Z^1"P(/2T^#X<"0_I">GY\'T)X# M/*-R/I,;6-Z"#J@JF\Q![N,%^S$%!$H4@4LN9@B3P`<6FB%K(C\$@7^A:=F' MVE`W3)W^D-^^B5YA,R2B3.5JBIV!A^=45#>U6$$BOR1J\.)#DKP3RB^)%@^P M]\:J;JAFJH3)V`'_REK%2(L&$UF,>3D"K<'<>](P9N"'N9EMB,3B=$`D'RI# M0B3O(B0HE26(L\RS&8L:VL^;ZSOK`2Z`BEP2`->"G`JTP:2%%Q#QSH;&^TVO M1!*IBL*JK;$9X_%8"T>9+$$7)`1Y[5D@"#=GY4)+I1+L7VHLIK)'*C6O:0Q6 MQ):3'8D]!]["F<3^_G'[I70MV;AV!S&"1)9"Q!=L^TQD@A:^$QHG?/B`X6SC MAJ!_J^E",S"_1]-^=9T767L=L(\.(,WC"F?=!=8WB&<>7K#=:F;P3D/]XMM.'"9PZ=@&L) M,:=K]TW['4P=>`4"T.:V396\$O#=`\#PP7-LB#]#2%K!*]+Q2KA??8AI='?G MZZ5K![!8RRLAWP#\"(,OK@U7F85K!?<&5:\$?XO(XRT,EMAM'&QFZIW!7<$` M(*<5FPJ5I(!]#`ET@[#BH$7M(Z<>K@)(%\..03'46X7HM/;U+&YFAQ4Y'MZ) M&<;WO+K+*0DPL()D5@=,H3.12Z2T_:+[%P(90`6[&;T5\Y3RN6]VL)S:>)R0U4ZP$Y=H)EAKU%Z:9/ M:A"O9.^]?;,D5+6/O0)S!A[F";"B3P<](N:69^:V3-J MH_K4SOI%+72QFM1&,35-F-E.*>^4\DXI[Y3R1/LSC2=&&D_>#?1P",X@QM"^ MCOB6`@S1!1`3&$KVR@9FF0W>_SHV&)79X/R7L8&AE]E@W(`-&DG+,8%M\S)W M.+;?N)E572]?"]_8<[3/8JB3QP7R72.NR.\"^:X15^1]@7S'B*OJ`8'\(<3# MC2Y9C(U"7^A9F[PKY1ZVS[M2[F%;O2/E[MKM4UX_Y?537C_E]>[S^K&>!311 M`!SK&4$3E<*QGATT45(<]IE"[:/^]16X!D)S?..1_9(/SO31_36<`^>3&U"; M7:X0R0?C_'!UMI"RB+*W3-7XEFFH.SMR?Z?3/^;PG6'W_%L!' M8I?DQMI13_R1KHNU9X?:43ZU%M,2ZMFAMI0O"2C5GAGK*")LWJHL'N2V3MPM M#?L9`:OY\GLUIFL>*UW>.V*Z9\=+E_/'F._H8#);[6I7^-&,[6)8$^VNU&2W MVUPQSL-JJA9OJA3(H6ND$M@:VR7=P6`.+UUW"9SHC%1Y!5RGE4735\Q91E+2\ M^PHZPC4J%6L]\,P"B+^#%?LL\16B<01-ERPI$J'YJJ0[0WOIVG?`@5NBSKVU MAW:/![;G;H]7OM]FC]>]YUXOK[R#5D_:=`PS#7G0O6_'FDK^8]["/O*M*^-``A6JC9.%U?8^WN[:F42Q7Q#3, M8UW'8J4D-L!9+PVPL==C],L+L_(X=J!4*FNX\@C5-T;Y.J_<9P^4&5\-)G=" MS6-T,:[V3&Z$'255KM1-+G@=*=5L99UXXZN0PF^%:@L@Y067>`2K8#5%YW/I:JC(T4SQJUAQHN_-G`/@1P$@W"`:-2'[CE"E M(@)%(^P'^T9&^N1_4$L#!!0````(`(U.3T*OW\9+]0(``"P.```9`!P`9FER M4:I+'E%U>`L``00E#@`` M!#D!``#5EM]KVS`0Q]\'^Q\TOPP&\H^D:9O0K+".CD$Z1MM!WXILGU-MMN1) M33TZG14[N06DNQ="+_-`C(!*9 M>C^NS^FQ=_KQ[9N3=Y22,P7,0$KB!W+.<_@NN3#O-;GY=#GB@AFIR+W?\2/R M@4PF$Q_2,5,9ZDJK\Q-9H(%2&VRJ!SJY@X(1S"[T8*J'WITQY2`(K.>DZTLU M#CIA&`4W%Z,K)_7FVHPK;4J6\(PG"Z_51?2+NB'^U1XY%[\:\:>QRNL,W<": M8Z:AEE>:FH<2EDA.7NF@-EBW/@TCVEVDL)+4-#WF"7K!S%A+E6K*-"3^6-X' M2EGP3C-N"GRS&@T;Y"X3WXAQ.,/@"ZGF3^\YY4(;)A)83]B,AMB.9$-(P@^?`+=F?6RY++C*Y6'/KEF-0-\XE9,21#6Q[##W- MBS*W6^#6[A1D0V\5C=9HMZ4"'^NNI4KFT+)5UAR@B\9B'.=H"5"'8"I9B[*V M@QA$EJ`,QUY>='_P(A6FD.U:(;IPP?^3^G(6[UH?ND#^0J6=!(\Z=K;0[&S; MU5B@5(:(M3/4-A]G,WLD$Q>KQ<4^T=J/VB6*HZH;^5.=SFEWA%@.EMT@:K]G M0+2._2T4ADVED`6^'7_%?6-0G`2-:V`+UJ:+9NY. ME^[/A/@;@*W)YS/;91]Z5R'^NIW#*+J`(@;E$9XV3^3MNF1VE.O-'J2R8%Q\ M-5!/O&-JRO@+72K`UVU?Q/:=W7PVRDX],?4$L! M`AX#%`````@`C4Y/0@23I@^3+P``+C(!`!D`&````````0```*2!`````&9I M`L``00E#@``!#D! M``!02P$"'@,4````"`"-3D]"@$3&9G8#```6&P``'0`8```````!````I('F M+P``9FER`L` M`00E#@``!#D!``!02P$"'@,4````"`"-3D]"8^J53OTC```"U`$`'0`8```` M```!````I(&S,P``9FER`L``00E#@``!#D!``!02P$"'@,4````"`"-3D]"Q&?24<<&``") M5```'0`8```````!````I($'6```9FER`L``00E#@``!#D!``!02P$"'@,4````"`"-3D]" MK]_&2_4"```L#@``&0`8```````!````I($E7P``9FER475X"P`!!"4.```$.0$``%!+!08`````!0`% +`. XML 12 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
First Pacific Low Volatility Fund

SUMMARY SECTION

INVESTMENT OBJECTIVE

The investment objective of the First Pacific Low Volatility Fund (the "Fund") of First Pacific Mutual Fund, Inc. ("Company") is to achieve long-term capital appreciation and preservation of capital while lowering volatility.

FEES AND EXPENSES OF THE FUND

This table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder Fees
First Pacific Low Volatility Fund
First Pacific Low Volatility Fund Investor Class
Shareholder Fees (fees paid directly from your investment) none

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

Annual Fund Operating Expenses
First Pacific Low Volatility Fund
First Pacific Low Volatility Fund Investor Class
Management Fees 1.00%
Distribution (12b-1) Fees 0.15%
Acquired Fund Fees and Expenses [1] 0.04%
Shareholder Servicing Fee 0.10%
All Other Expenses 0.68%
Other Expenses [1] 0.82%
Total Annual Fund Operating Expenses [1] 1.97%
Fee Waiver [2] (0.35%)
Total Annual Fund Operating Expenses (after fee waiver) [2] 1.62%
[1] The "Total Annual Fund Operating Expenses" do not correlate to the ratio of expenses to average net assets in the Financial Highlights which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses.
[2] The Investment Manager has agreed to waive 0.35% of its 1.00% management fees through January 31, 2014.

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 you invest $10,000 in the Fund for the time periods indicated and then redeem all 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. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example (USD $)
1 Year
3 Years
5 Years
10 Years
First Pacific Low Volatility Fund First Pacific Low Volatility Fund Investor Class
165 584 1,030 2,268

Portfolio Turnover

The Fund pays transaction costs when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 82%.

PRINCIPAL INVESTMENT STRATEGIES

·Normally investing primarily in equity securities of U.S. companies. 

 

·Investing in large, medium and/or small capitalization securities, primarily with market capitalizations at the time of purchase of $2 billion or greater. 

 

·Under normal circumstances, the Fund will allocate a portion of its total assets to structured notes, which are specially designed debt instruments, the terms of which are determined by the purchaser or issuer, and whose principal or interest payments may be linked to, and whose value would rise or fall in response to, the value of an index (such as a securities, commodity or currency index), a basket of securities, interest rate benchmark or other financial asset. The structured notes in which the Fund may invest typically have a "buffer" or principal protection whereby the issuer guarantees full or partial payment of principal on maturity. In some cases the Fund may invest in structured notes that pay an amount based on a multiple of the relative change in value of the asset or reference. This type of note increases the potential for income but at a greater risk of loss than a typical debt security of the same maturity and credit quality. Structured notes are synthetic instruments and the holder has no claim on the asset of reference. 

 

·Writing and purchasing covered call and put options. 

 

·Investing in exchange-traded funds and mutual funds that invest in domestic or foreign securities. 

 

·Investing in either "growth" stocks or "value" stocks or both. 

 

·Investing in foreign securities, including companies included in the Morgan Stanley Capital International ("MSCI") World Index. Additionally, foreign securities may include companies that are listed on an exchange in an emerging market country, that have at least 50% of their assets in an emerging market country, or that derive at least 50% of their revenues or profits from goods produced or sold, investments made, or services performed in an emerging market country. An emerging market country is any country included in the MSCI Emerging Markets Index. 

 

·Investing in shares of real estate investment trusts (REITs). 

 

·Investing in fixed income securities (such as investment grade corporate debt securities, U.S. Government obligations, and other investment grade securities with varying maturities and duration), short-term debt instruments and/or cash equivalents. 

 

·Investing in convertible bonds and convertible preferred stock. 

 

·The Fund generally purchases securities using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions. The Fund generally sells securities for a number of reasons, including when, in the Investment Manager's opinion, the security has achieved its value potential, changing fundamentals signal a deteriorating value potential, other securities display a better value potential, to maintain Fund diversification, or to raise funds to cover redemptions. 

PRINCIPAL RISKS

Stock Market Volatility Risk - Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market can react differently to these developments. 

 

Allocation Risk - The Fund could lose money as a result of less than optimal decisions as to how its assets are allocated or reallocated. 

 

Derivatives Risk - A derivative is an instrument whose value is derived from an underlying contract, index or security, or any combination thereof, including structured notes and options. 

 

·Structured Notes Risk - Structured notes are subject to interest rate risk. They are also subject to credit risk with respect both to the issuer and, if applicable, to the underlying security. The price of structured notes may be volatile and they may have a limited trading market, making it difficult to value them or sell them at an acceptable price. In exchange for the issuer's guarantee of full or partial payment of principal on maturity, the upside return the Fund could achieve on its investment may be capped or limited and the issuer's guarantee is generally available only if the Fund holds the structured note to maturity. There may be higher fees and costs associated with structured notes than other types of investments. In some cases, the Fund may enter into agreements with an issuer of structured notes to purchase a minimum amount of those notes over time. Structured notes are also subject to counterparty risk, which is the risk that the other party to the transaction will not fulfill its contractual obligations. 

 

·Options Risk - Writing and purchasing call and put options are highly specialized activities and entail greater than ordinary investment risks. The successful use of options depends in part on the future price fluctuations and the degree of correlation between the options and the securities markets. The value of the Fund's positions in options will fluctuate in response to changes in the value of the underlying security or index, as applicable. The Fund also risks losing all or part of the cash paid for purchasing call and put options. Portfolio assets covering written options cannot be sold while the option is outstanding, unless replaced with similar assets. As a result there is a possibility that segregation of a large percentage of the Fund's assets could affect its portfolio management as well as the ability of the Fund to meet redemption requests or other current obligations. The Fund may also write and purchase call and put options in combination with each other. Combined options involve multiple trades and therefore have higher transaction costs. Unusual market conditions or the lack of a ready market for any particular option at a specific time may reduce the effectiveness of the Fund's option strategies. Over-the-counter options may be considered illiquid and are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with the Fund. 

 

Exchange-Traded Fund Risk - An ETF may trade at a discount to its net asset value. Investors in the Fund will indirectly bear fees and expenses charged by the underlying ETFs in which the Fund invests in addition to the Fund's direct fees and expenses. The Fund will also incur brokerage costs when it purchases shares of ETFs. In addition, the Fund will be affected by losses of the underlying ETF and the level of risk arising from the investment practices of the underlying ETF. 

 

Interest Rate Change Risk - Debt securities have varying levels of sensitivity to changes in interest rates. In general, the price of a debt security can fall when interest rates rise and can rise when interest rates fall. Securities with longer maturities and mortgage securities can be more sensitive to interest rate changes. 

 

Foreign Exposure Risk - Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and the less stringent investor protection and disclosure standards of some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market. 

 

Emerging Markets Risk - The risks associated with foreign investments are heightened when investing in emerging markets. The governments and economies of emerging market countries feature greater instability than those of more developed countries. Such investment tend to fluctuate in price more widely and to be less liquid than other foreign investments. 

 

Issuer-Specific Changes Risk - Changes in the financial condition of an issuer or counterparty, changes in specific economic or political conditions that affect a particular type of security or issuer, and changes in general economic or political conditions can increase the risk of default by an issuer or counterparty, which can affect a security's or instrument's credit quality or value. The value of securities of smaller, less well-known issuers can be more volatile than that of larger issuers. Lower-quality debt securities (those of less than investment-grade quality) and certain types of other securities tend to be particularly sensitive to these changes. 

 

Large Capitalization Securities Risk - The Fund and certain of the underlying funds are subject to the risk that large capitalization stocks may underperform other segments of the equity market or the equity market as a whole. 

 

Market Risk - There is no guarantee that the Fund's investment objective will be met. The Fund's yield, share price and investment return can fluctuate so you may receive more or less than your original investment upon redemption. Loss of money is a risk of investing in the Fund.  

 

Small and Mid-sized Capitalization Securities Risk - The value of securities of smaller, less well-known issuers can perform differently from the market as a whole and other types of stocks and can be more volatile than that of larger issuers. Such companies may have limited product lines, markets or financial resources and may lack management depth. The trading volume of securities of smaller capitalization companies is normally less than that of larger capitalization companies, and therefore may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger capitalization companies. Some small capitalization stocks may be illiquid. 

 

Fixed Income Risk - An underlying fund's investment in fixed income securities will change in value in response to interest rate changes and other factors, such as the perception of the issuer's creditworthiness. For example, the value of fixed income securities will generally decrease when interest rates rise, which may cause the value of the Fund to decrease. In addition, an underlying fund's investment in fixed income securities with longer maturities will fluctuate more in response to interest rate changes. 

 

Fund of Funds Risk - By investing in the underlying funds indirectly through the Fund, an investor will incur not only a proportionate share of the expenses of the underlying funds held by the Fund (including operating costs and management fees), but also expenses of the Fund. Consequently, an investment in the Fund entails more direct and indirect expenses than a direct investment in the underlying funds. 

 

Investment in Investment Companies Risk - Investing in other investment companies, including ETFs, subjects the Fund to those risks affecting the investment company, including the possibility that the value of the underlying securities held by the investment company could decrease. Moreover, the Fund will incur its pro rata share of the expenses of the underlying investment companies' expenses. 

 

REIT Risk - The value of equity REITs may be affected by changes in the value of the underlying property owned by the REITs, while the value of mortgage REITs may be affected by the quality of any credit extended. Investment in REITs involves risks similar to those associated with investing in small capitalization companies, and REITs (especially mortgage REITs) are subject to interest rate risks. Because REITs incur expenses like management fees, investments in REITs also add an additional layer of expenses. 

 

Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund. 

PERFORMANCE

The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart illustrates how Fund performed in the past year. The Fund's past performance before and after taxes is not necessarily an indication of future performance. The following table shows how the Fund's average annual total returns for the periods indicated compared to those of the Dow Jones Moderately Aggressive Portfolio Index, the S&P 500 Index and the Barclays Capital U.S. Aggregate Index. Updated performance information for the Fund is available by calling (808) 988-8088 or (800) 354-9654.

Bar Chart

During the period shown in the bar chart, the Fund's highest quarterly return was 7.49% for the quarter ended March 31, 2012 and the lowest quarterly return was -2.79% for the quarter ended December 31, 2012.

Average Annual Total Returns for the periods ended December 31, 2012

Average Annual Total Returns First Pacific Low Volatility Fund
1 Year
Since Inception
Inception Date
First Pacific Low Volatility Fund Investor Class
5.60% 0.95% Jun. 10, 2011
First Pacific Low Volatility Fund Investor Class - Return After Taxes on Distributions
5.24% 0.73% Jun. 10, 2011
First Pacific Low Volatility Fund Investor Class - Return After Taxes on Distributions and Sale of Fund Shares
3.71% 0.70% Jun. 10, 2011
Dow Jones Moderately Aggressive Portfolio Index
[1] 13.97% 5.58% Jun. 10, 2011
S&P 500 Index
16.00% 10.12% Jun. 10, 2011
Barclays Capital U.S. Aggregate Index (Indexes reflect no deduction for fees, expenses or taxes)
4.22% 5.55% Jun. 10, 2011
[1] The benchmark index was changed during 2012 from the S&P 500 Index and the Barclays Capital U.S. Aggregate Index to the Dow Jones Moderately Aggressive Portfolio Index because the Dow Jones index is made up of composite indexes representing stocks, bonds and cash and the Investment Manager believes it is more reflective of the Fund's management style and investments of the Fund's portfolio than either of the S&P or Barclays indexes.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Your own after-tax returns will depend on your tax situation and may differ from those shown here. After-tax returns are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Hawaii Municipal Fund

SUMMARY SECTION

INVESTMENT OBJECTIVE

The investment objective of the Hawaii Municipal Fund (the "Fund") of First Pacific Mutual Fund, Inc. ("Company") is to provide a high level of current income exempt from federal and Hawaii state income taxes, consistent with preservation of capital and prudent investment management.

FEES AND EXPENSES OF THE FUND

This table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder Fees
Hawaii Municipal Fund
Hawaii Municipal Fund Investor Class
Shareholder Fees (fees paid directly from your investment) none

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

Annual Fund Operating Expenses
Hawaii Municipal Fund
Hawaii Municipal Fund Investor Class
Management Fees 0.50%
Distribution (12b-1) Fees 0.15%
Shareholder Servicing Fee 0.10%
All Other Expenses 0.29%
Other Expenses 0.39%
Total Annual Fund Operating Expenses 1.04%

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 you invest $10,000 in the Fund for the time periods indicated and then redeem all 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. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example (USD $)
1 Year
3 Years
5 Years
10 Years
Hawaii Municipal Fund Hawaii Municipal Fund Investor Class
106 331 574 1,271

Portfolio Turnover

The Fund pays transaction costs when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio.

PRINCIPAL INVESTMENT STRATEGY

Under normal circumstances, the Fund will invest at least 80% of its net assets, including borrowings for investment purposes, in a portfolio of primarily investment grade municipal securities issued by or on behalf of the State of Hawaii or any of its political subdivisions or agencies that pay interest that is exempt from regular federal and State of Hawaii income tax. The Fund's dollar-weighted average portfolio maturity is expected to be 10 years or more. More than 25% of the Fund's assets may be invested in a particular segment of the municipal securities market. The Investment Manager attempts to select securities that it believes will provide the best balance between risk and return within the Fund's range of allowable investments. The Fund purchases municipal securities that the Investment Manager believes have the best value compared to securities of similar credit quality and maturity range. The Fund generally sells municipal securities for a number of reasons, including a change in credit quality, to extend or shorten maturity, to increase yield or to raise funds to cover redemptions.

PRINCIPAL RISKS

Market Risk - There is no guarantee that the Fund's investment objective will be met. The Fund's yield, share price and investment return can fluctuate so you may receive more or less than your original investment upon redemption. Loss of money is a risk of investing in the Fund.

 

Interest Rate Risk - The net asset value of the Fund may change as interest rates fluctuate. When interest rates increase, the net asset value could decline. When interest rates decline, the net asset value could increase. In general, when interest rates rise, municipal securities prices tend to fall and when interest rates fall, municipal securities prices tend to rise. The price volatility of a debt security also depends on its maturity. Generally, the longer the maturity of a debt security, the greater its sensitivity to interest rates.

 

Credit Risk - The securities in the Fund's portfolio are subject to credit risk, which is the ability of municipal issuers to meet their payment obligations.

 

Call Risk - The securities in the Fund's portfolio are subject to call risk, which is the risk that changes in interest rates may cause certain municipal securities to be paid off much sooner or later than expected, which could adversely affect the Fund's value.

 

State Concentration Risk - The Fund is subject to the additional risk that it concentrates its investments in instruments issued by or on behalf of the State of Hawaii or any of its political subdivisions or agencies. Due to the level of investment in municipal obligations issued by the State of Hawaii and its political subdivisions and agencies, the performance of the Fund will be closely tied to the economic and political conditions in the State of Hawaii. Therefore an investment in the Fund may be riskier than investment in other types of municipal securities funds.

 

Municipal Security Risk - Municipal security prices can be significantly affected by political changes, as well as uncertainties in the municipal market related to taxation, legislative changes or the rights of municipal security holders. Because many municipal securities are issued to finance similar projects, especially those relating to education, healthcare, transportation and utilities, conditions in these sectors can affect municipal bond prices.

 

Non-Diversification Risk - The Fund is non-diversified and its assets may be invested in fewer issuers than a diversified fund. If the value of portfolio securities changes, the Fund's net asset value may increase or decrease more rapidly than a diversified fund.

 

Tax Risk - Unfavorable changes in tax laws, adverse interpretations by the Internal Revenue Service or state tax authorities, or noncompliant conduct of a bond issuer could impact the tax-free income distributed by the Fund. In addition, some income may be subject to the federal alternative minimum tax.

PERFORMANCE

The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart illustrates how the Fund's performance has varied from year to year over the past 10 years. The Fund's past performance before and after taxes is not necessarily an indication of future performance. The following table shows how the Fund's average annual total returns for the periods indicated compared to those of Barclays Capital Municipal Bond Index. Updated performance information for the Fund is available by calling (808) 988- 8088 or (800) 354-9654.

Bar Chart

During the periods shown in the bar chart, the Fund's highest quarterly return was 5.09% for the quarter ended September 30, 2009 and the lowest quarterly return was -3.31% for the quarter ended December 31, 2010.

Average Annual Total Returns for the periods ended December 31, 2012

Average Annual Total Returns Hawaii Municipal Fund
1 Year
5 Years
10 Years
Hawaii Municipal Fund Investor Class
6.32% 4.38% 3.93%
Hawaii Municipal Fund Investor Class - Return After Taxes on Distributions
6.32% 4.37% 3.92%
Hawaii Municipal Fund Investor Class - Return After Taxes on Distributions and Sale of Fund Shares
5.19% 4.25% 3.88%
Barclays Capital Municipal Bond Index (reflects no deduction for fees, expenses or taxes)
6.78% 5.91% 5.10%

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Your own after-tax returns will depend on your tax situation and may differ from those shown here. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.