The Jensen Portfolio doing business as Jensen Quality Growth Fund (First Prospectus Summary) | The Jensen Portfolio doing business as Jensen Quality Growth Fund

SUMMARY OF THE FUND

Investment Objective

The objective of the Jensen Portfolio doing business as ("d/b/a") the Jensen

Quality Growth Fund (the "Fund") is long-term capital appreciation.

Fees and Expenses of the Fund

This table describes the fees and expenses that you may pay if you buy and hold

shares of the Fund.

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 The Jensen Portfolio doing business as Jensen Quality Growth Fund		Class J	Class I
Management Fees		0.50%	0.50%
Distribution and Shareholder Servicing (12b-1) Fees		0.25%	none
Shareholder Servicing Fee	[1]	none	0.02%
Other Expenses	[2]	0.17%	0.08%
Total Annual Fund Operating Expenses		0.92%	0.60%

Example

This example is intended to help you compare the cost of investing in the Fund

with the cost of investing in other mutual funds. The Example assumes that you

invest $10,000 in the Fund for the time periods indicated and then redeem all of

your shares at the end of those periods. The Example also assumes that your

investment has a 5% return each year and that the Fund's operating expenses

remain the same.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example The Jensen Portfolio doing business as Jensen Quality Growth Fund (USD $)	Expense Example, With Redemption, 1 Year	Expense Example, With Redemption, 3 Years	Expense Example, With Redemption, 5 Years	Expense Example, With Redemption, 10 Years
Class J	94	293	509	1,131
Class I	61	192	335	750

Portfolio Turnover

The Fund pays transaction costs, such as commissions, when it buys and sells

securities (or "turns over" its portfolio). A higher portfolio turnover rate may

indicate higher transaction costs and may result in higher taxes when Fund

shares are held in a taxable account. These costs, which are not reflected in

the 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 6.84% of the average value of its portfolio.

Principal Investment Strategies

To achieve its objective, the Fund invests in equity securities of approximately

25 to 30 companies that satisfy the investment criteria described

below. Generally, each company in which the Fund invests must, as determined by

the Fund's investment adviser, Jensen Investment Management, Inc. (the

"Adviser"):



o Have consistently achieved strong earnings and have a trend of growing free

  cash flow over the prior ten years;



o Be in excellent financial condition; and



o Be capable of sustaining outstanding business performance.



Equity securities in which the Fund invests as a principal strategy consist

primarily of common stocks of U.S. companies.



The Fund may purchase securities when they are priced below their intrinsic

values as determined by the Adviser. The Fund may sell all or part of its

position in a company when the Adviser has determined that another qualifying

security has a greater opportunity to achieve the Fund's objective. In addition,

the Fund generally sells its entire position in a company when the company no

longer meets each of the Fund's investment criteria specified above. In the

event that the company no longer satisfies the investment criteria and the

failure is due to an extraordinary situation that the Adviser believes will not

have a material adverse impact on the company's operating performance, the Fund

may continue to hold and invest in the company.



The Adviser expects to include in the Fund's investment portfolio at any time

securities of approximately 25 to 30 primarily domestic companies. The Fund must

always own the securities of a minimum of 15 different companies in its

portfolio. The Fund strives to be fully invested at all times in publicly traded

common stocks and other eligible equity securities issued by companies that meet

the investment criteria described in this Prospectus.



The Fund is non-diversified, which means that a relatively high percentage of

its assets may be invested in a limited number of issuers of securities.

Principal Risks of Investing in the Fund

Before investing in the Fund, you should carefully consider your own investment

goals, the amount of time you are willing to leave your money invested, and the

amount of risk you are willing to take. Remember, in addition to possibly not

achieving your investment goals, that you could lose money by investing in the

Fund. The principal risks of investing in this Fund are:



o Stock Market Risk



The market value of stocks held by the Fund may decline over a short, or even an

extended period of time, resulting in a decrease in the value of a shareholder's

investment.



o Management Risk



The Adviser may be incorrect in its judgment of the value of particular

stocks. The investments chosen by the Adviser may not perform as

anticipated. Certain risks are inherent in the ownership of any security, and

there is no assurance that the Fund's investment objective will be achieved.



o Non-diversification



The Fund is a non-diversified mutual fund and is permitted to invest a greater

portion of its assets in the securities of a smaller number of issuers than

would be permissible if it were a "diversified" fund and therefore, it may be

more sensitive to market changes than a diversified fund. Accordingly, the

appreciation or depreciation of a single portfolio security may have a greater

impact on the net asset value ("NAV") of the Fund.



o Company and Sector Risk



The Fund's investment strategy requires that a company selected for investment

by the Fund must have attained, among other criteria, a return on equity of at

least 15 percent per year for each of the prior 10 years as determined by the

Adviser. Because of the relatively limited number of companies that have

achieved this strong level of consistent, long-term business performance, the

Fund at times is prohibited from investing in certain companies and sectors that

may be experiencing a shorter-term period of robust earnings growth. As a

result, the Fund's performance may trail the overall market over a short or

extended period of time compared to what its performance may have been if the

Fund was able to invest in such rapidly growing, non-qualifying companies.



o Large-Cap Company Risk



Larger, more established companies may be unable to respond quickly to new

competitive challenges such as changes in consumer tastes or innovative smaller

competitors. Also, large-cap companies are sometimes unable to attain the high

growth rates of successful, smaller companies, especially during extended

periods of economic expansion. The Adviser considers companies with market

capitalizations in excess of $10 billion to be large-cap companies.



Investment Suitability

The Fund is designed for long-term investors who are willing to accept

short-term market price fluctuations.

Performance

The performance information demonstrates the risks of investing in the Fund by

showing changes in the Fund's performance from year to year and by showing how

the Fund's average annual total returns for one, five, ten years and since

inception compare with those of a broad measure of market performance. The

Fund's past performance information, both before and after taxes, is not

necessarily an indication of how the Fund will perform in the future. Updated

performance information is available on the Fund's website at

www.jenseninvestment.com, or by calling the Fund toll-free at 1-800-992-4144.

Jensen Quality Growth Fund - Class J Shares Annual Total Return as of December 31 of Each Year

^[1],[2]

During the ten year period shown on the bar chart, the Fund's best and worst

quarters are shown below:



 Best Quarter:  15.93% (2nd quarter 2009)           Worst Quarter:    -21.70% (4th quarter 2008)

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. Actual after-tax returns depend on each investor's individual tax

situation and may differ from those shown. Furthermore, the after-tax returns

shown are not relevant to those who hold their shares through tax-deferred

arrangements such as 401(k) plans or Individual Retirement Accounts ("IRAs").

Average Annual Total Returns The Jensen Portfolio doing business as Jensen Quality Growth Fund	Average Annual Returns, Label	Average Annual Returns, 1 Year	Average Annual Returns, 5 Years	Average Annual Returns, 10 Years	Average Annual Returns, Since Inception	Average Annual Returns, Inception Date
Class J	Class J Shares Return Before Taxes	11.77%	4.61%	3.07%		Jul. 30, 2003
Class J After Taxes on Distributions	Class J Shares Return After Taxes on Distributions	11.60%	4.31%	2.86%		Jul. 30, 2003
Class J After Taxes on Distributions and Sales	Class J Shares Return After Taxes on Distributions and Sale of Fund Shares	7.85%	3.91%	2.60%		Jul. 30, 2003
Class I	Class I Shares Return Before Taxes	12.12%	4.87%		5.39%	Jul. 30, 2003
S&P 500 ® Index	S&P 500® Index (reflects no deduction for fees, expenses or taxes)	15.06%	2.29%	1.41%	5.41%	Jul. 30, 2003

[1] Class I shares are subject to an annual shareholder servicing fee not to exceed 0.10% of average daily net assets of the Class I shares.

[2] Other Expenses include custodian, transfer agency, and other customary Fund expenses not listed above and are based on the previous fiscal year's expenses. In addition, Other Expenses for the Class J shares include sub-transfer agency fees paid to certain financial intermediaries who maintain omnibus accounts in the Fund and provide shareholder recordkeeping and servicing to their customers who are beneficial owners of the Fund.

[1] The Fund's year-to-date total return as of June 30, 2011 was 6.07%.

[2] The returns shown in the bar chart are for Class J shares. The performance of Class I shares will differ due to differences in expenses.