XML 44 R151.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Nov. 28, 2011
Frost Kempner Multi-Cap Deep Value Equity Fund (Second Prospectus Summary) | Frost Kempner Multi-Cap Deep Value Equity Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading FROST KEMPNER MULTI-CAP DEEP VALUE EQUITY FUND
Investment Objective, Heading rr_ObjectiveHeading INVESTMENT OBJECTIVE
investment Objective, Primary rr_ObjectivePrimaryTextBlock
The Frost Kempner Multi-Cap Deep Value Equity Fund (the "Fund") seeks to
generate a total pre-tax return, including capital growth and dividends,
greater than the rate of inflation over a three-to-five year period.
Expense, Heading rr_ExpenseHeading FUND FEES AND EXPENSES
Expense, Narrative rr_ExpenseNarrativeTextBlock
The table below describes the fees and expenses that you may pay if you buy and
hold Institutional Class Shares of the Fund.
Operating Expenses, Caption 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 rr_PortfolioTurnoverTextBlock
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
total annual fund operating expenses or in the example, affect the Fund's
performance. During its most recent fiscal year, the Fund's portfolio turnover
rate was 22% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 22.00%
Expenses, Not Correlated to Ratio Due to Acquired Fund Fees rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The Total Annual Fund Operating Expenses in this fee table do not correlate to the expense ratio in the Fund's Financial Highlights because the Financial Highlights include only the direct operating expenses incurred by the Fund, and exclude Acquired Fund Fees and Expenses.
Expense 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 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.
Expense Example, By Year, Caption rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Investment Strategy, Heading rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock
Under normal market conditions, the Fund invests at least 80% of its net assets
in equity securities. This investment policy may be changed by the Fund upon 60
days' prior notice to shareholders. The Fund invests primarily in common
stocks, but may also invest in other types of equity securities, such as
preferred stock, convertible securities, warrants or other similar publicly
traded securities. The Fund may also purchase American Depositary Receipts
("ADRs").

In selecting securities for the Fund, the Fund's sub-adviser, Kempner Capital
Management, Inc., ("KCM") utilizes a deep value style of investing in which it
chooses securities that it believes are currently undervalued in the market but
have earnings potential or other factors that make them attractive. The
securities purchased are frequently out of favor with or have been ignored by
the investment community market and thus provide the opportunity to purchase at
prices significantly below their true value.  KCM analyzes securities on an
individual, bottom-up basis, to determine which securities can deliver capital
appreciation and steady dividend earnings over the long-term. The Fund may
invest in companies of all capitalizations.

KCM selects securities for the Fund's portfolio based on individual stocks
rather than on industries or industry groups. KCM screens a universe of
approximately 7,500 stocks to find companies which meet most of its criteria
for price-earnings ratio (15X), projected 12-month earnings, price/cash flow
multiple, price/book multiple and price less than or equal to 20% above the
52-week low.  A dividend yield is required. KCM considers it unrealistic for it
to be able to purchase a stock at its bottom, and as a result, KCM purchases
securities for the Fund's portfolio gradually, averaging down. KCM also
considers it unrealistic for it to be able to sell a stock at its highest price
level, and as a result, KCM seeks to lock in reasonable returns when they are
offered and generally sells gradually as an issue rises.
Risk, Heading rr_RiskHeading PRINCIPAL RISKS
Risk, Narrative rr_RiskNarrativeTextBlock
As with all mutual funds, a shareholder is subject to the risk that his or her
investment could lose money. A FUND SHARE IS NOT A BANK DEPOSIT AND IT IS NOT
INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY. The principal risks
affecting shareholders' investments in the Fund are set forth below.

EQUITY RISK -- Since it purchases equity securities, the Fund is subject to the
risk that stock prices will fall over short or extended periods of time.
Historically, the equity markets have moved in cycles, and the value of the
Fund's equity securities may fluctuate drastically from day to day. Individual
companies may report poor results or be negatively affected by industry and/or
economic trends and developments. The prices of securities issued by such
companies may suffer a decline in response.  These factors contribute to price
volatility, which is the principal risk of investing in the Fund.

SMALL- AND MID-CAPITALIZATION COMPANY RISK -- The small- and mid-capitalization
companies in which the Fund may invest may be more vulnerable to adverse
business or economic events than larger, more established companies. In
particular, these small- and mid-sized companies may pose additional risks,
including liquidity risk, because these companies tend to have limited product
lines, markets and financial resources, and may depend upon a relatively small
management group.  Therefore, small- and mid-capitalization stocks may be more
volatile than those of larger companies. These securities may be traded over
the counter or listed on an exchange.

FOREIGN COMPANY RISK -- Investing in foreign companies, whether through
investments made in foreign markets or made through the purchase of ADRs, which
are traded on U.S. exchanges and represent an ownership in a foreign security,
poses additional risks since political and economic events unique to a country
or region will affect those markets and their issuers. These risks will
not necessarily affect the U.S. economy or similar issuers located in the
United States.  In addition, investments in foreign companies are generally
denominated in a foreign currency. As a result, changes in the value of those
currencies compared to the U.S. dollar may affect (positively or negatively)
the value of the Fund's investments. These currency movements may occur
separately from, and in response to, events that do not otherwise affect the
value of the security in the issuer's home country. While ADRs provide an
alternative to directly purchasing the underlying foreign securities in their
respective national markets and currencies, investments in ADRs continue to be
subject to many of the risks associated with investing directly in foreign
securities.

INVESTMENT STYLE RISK -- The Fund pursues a "value style" of investing.  Value
investing focuses on companies with stocks that appear undervalued in light of
factors such as the company's earnings, book value, revenues or cash flow. If
the Adviser's assessment of a company's value or prospects for exceeding
earnings expectations or market conditions is wrong, the Fund could suffer
losses or produce poor performance relative to other funds. In addition, "value
stocks" can continue to be undervalued by the market for long periods of time.
Risk, Lose Money rr_RiskLoseMoney As with all mutual funds, a shareholder is subject to the risk that his or her investment could lose money.
Risk, Not Insured Depository Institution rr_RiskNotInsuredDepositoryInstitution A FUND SHARE IS NOT A BANK DEPOSIT AND IT IS NOT INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading PERFORMANCE INFORMATION
Performance, Narrative rr_PerformanceNarrativeTextBlock
The bar chart and the performance table below illustrate the risks and
volatility of an investment 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 1 and 5 years and since inception compare with those of a
broad measure of market performance.

The Fund commenced operations after succeeding to the assets and operations of
a common trust fund that was managed by The Frost National Bank and sub-advised
by KCM (the "Predecessor Fund"). The performance information provided includes
the returns of the Predecessor Fund for periods prior to April 25, 2008 and has
been adjusted to reflect expenses for Institutional Class Shares of the Fund.
Because the Predecessor Fund was not a registered mutual fund, it was not
subject to the same investment and tax restrictions as the Fund; if it had
been, the Predecessor Fund's performance may have been lower. Although the
Predecessor Fund commenced operations prior to the periods shown, the earliest
date for which the Predecessor Fund's performance can be calculated applying
the relevant performance standards is July 31, 2002 ("Performance Start
Date").

Of course, the Fund's past performance (before and after taxes) does not
necessarily indicate how the Fund will perform in the future. Updated
performance information is available on the Fund's website at www.frostbank.com
or by calling 1-877-71-FROST.
Performance, Information Illustrates Variability of Returns rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and the performance table below illustrate the risks and volatility of an investment 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 1 and 5 years and since inception compare with those of a broad measure of market performance.
Performance, Availability Phone Number rr_PerformanceAvailabilityPhone 1-877-71-FROST
Performance, Availability Website Address rr_PerformanceAvailabilityWebSiteAddress www.frostbank.com
Performance, Past Does Not Indicate Future rr_PerformancePastDoesNotIndicateFuture Of course, the Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart, Closing rr_BarChartClosingTextBlock
BEST QUARTER  WORST QUARTER
18.66%        (20.30)%
(09/30/2009)  (12/31/2008)

The performance information shown above is based on a calendar year.  The
Fund's performance for Institutional Class Shares from 1/1/11 to 9/30/11 was
(11.09)% .
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 Actual after-tax returns will depend on an investor's tax situation and may differ from those shown. After-tax returns shown 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, Narrative rr_PerformanceTableNarrativeTextBlock
This table compares the Fund's Institutional Shares' average annual total
returns for the periods ended December 31, 2010 to those of the S&P
500/Citigroup Value Index and the Lipper Multi-Cap Value Funds Index. After-tax
returns cannot be calculated for periods before the Fund's registration as a
mutual fund and they are, therefore, unavailable for the period since the
Performance Start Date.



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 will depend on an investor's tax
situation and may differ from those shown. After-tax returns shown are not
relevant to investors who hold their Fund shares through tax-deferred
arrangements, such as 401(k) plans or individual retirement accounts.
Average Annual Returns, Caption rr_AverageAnnualReturnCaption AVERAGE ANNUAL TOTAL RETURNS FOR PERIODS ENDED DECEMBER 31, 2010
Frost Kempner Multi-Cap Deep Value Equity Fund (Second Prospectus Summary) | Frost Kempner Multi-Cap Deep Value Equity Fund | Institutional Shares
 
Risk/Return: rr_RiskReturnAbstract  
Year to Date Return, Label rr_YearToDateReturnLabel The performance information shown above is based on a calendar year.
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2011
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (11.09%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel BEST QUARTER
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 18.66%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel WORST QUARTER
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (20.30%)
Frost Kempner Multi-Cap Deep Value Equity Fund | S&P 500/CITIGROUP VALUE INDEX RETURN
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel S&P 500/CITIGROUP VALUE INDEX RETURN (REFLECTS NO DEDUCTION FOR FEES, EXPENSES, OR TAXES)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 15.10%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.87%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 6.08%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2002
Frost Kempner Multi-Cap Deep Value Equity Fund | LIPPER MULTI-CAP VALUE FUNDS INDEX RETURN
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel LIPPER MULTI-CAP VALUE FUNDS INDEX RETURN (REFLECTS NO DEDUCTION FOR FEES, EXPENSES, OR TAXES)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 16.15%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.38%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 6.18%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2002
Frost Kempner Multi-Cap Deep Value Equity Fund | Institutional Shares
 
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.59%
Other Expenses rr_OtherExpensesOverAssets 0.19%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.02%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.80% [1]
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 82
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 255
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 444
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 990
Annual Return 2003 rr_AnnualReturn2003 25.77%
Annual Return 2004 rr_AnnualReturn2004 14.26%
Annual Return 2005 rr_AnnualReturn2005 1.17%
Annual Return 2006 rr_AnnualReturn2006 15.53%
Annual Return 2007 rr_AnnualReturn2007 (2.92%)
Annual Return 2008 rr_AnnualReturn2008 (34.02%)
Annual Return 2009 rr_AnnualReturn2009 23.57%
Annual Return 2010 rr_AnnualReturn2010 14.51%
Average Annual Returns, Label rr_AverageAnnualReturnLabel FUND RETURN BEFORE TAXES
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 14.51%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.92%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 4.57%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2002
Frost Kempner Multi-Cap Deep Value Equity Fund | Institutional Shares | After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel FUND RETURN AFTER TAXES ON DISTRIBUTIONS
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 14.15%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05   
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception   
Frost Kempner Multi-Cap Deep Value Equity Fund | Institutional Shares | After Taxes on Distributions and Sales
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel FUND RETURN AFTER TAXES ON DISTRIBUTIONS AND SALE OF FUND SHARES
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 9.82%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05   
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception   
[1] The Total Annual Fund Operating Expenses in this fee table do not correlate to the expense ratio in the Fund's Financial Highlights because the Financial Highlights include only the direct operating expenses incurred by the Fund, and exclude Acquired Fund Fees and Expenses.