Frost Core Growth Equity Fund (First Prospectus Summary) | Frost Core Growth Equity Fund

FROST GROWTH EQUITY FUND

INVESTMENT OBJECTIVE

The Frost Growth Equity Fund (the "Fund") seeks to achieve long-term capital

appreciation.

FUND FEES AND EXPENSES

The table below describes the fees and expenses that you may pay if you buy and

hold Class A Shares of the Fund. You may qualify for sales charge discounts if

you and your family invest, or agree to invest in the future, at least $50,000

in Class A Shares of the Frost Funds (Class A Shares purchased without an

initial sales charge may be subject to a contingent deferred sales charge if

redeemed within 12 months of purchase). More information about these and other

discounts is available from your financial professional and in the section

"Sales Charges" on page 104 of this prospectus.

SHAREHOLDER FEES (FEES PAID DIRECTLY FROM YOUR INVESTMENT

Shareholder Fees	Frost Core Growth Equity Fund Class A Shares
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)	5.75%
Maximum Deferred Sales Charge (Load) (as a percentage of net asset value)	none
Maximum Sales Charge (Load) Imposed on Reinvested Dividends and Other Distributions (as a percentage of offering price)	none
Redemption Fee (as a percentage of amount redeemed if applicable)	none

ANNUAL FUND OPERATING EXPENSES (EXPENSES THAT YOU PAY EACH YEAR AS A PERCENTAGE OF THE VALUE OF YOUR INVESTMENT)

Annual Fund Operating Expenses		Frost Core Growth Equity Fund Class A Shares
Management Fees		0.80%
Distribution (12b-1) Fees		0.25%
Other Expenses		0.17%
Acquired Fund Fees and Expenses		0.01%
Total Annual Fund Operating Expenses	[1]	1.23%

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 (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
Frost Core Growth Equity Fund Class A Shares	693	943	1,212	1,978

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

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 38% of the average value of its portfolio.

PRINCIPAL INVESTMENT STRATEGIES

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 intends to invest in companies

that Frost Investment Advisors, LLC (the "Adviser") believes will have growing

revenues and earnings.  The Fund will generally invest in equity securities of

domestic companies, but may also invest in equity securities of foreign

companies and American Depositary Receipts ("ADRs"). The Adviser performs

in-depth analyses of company fundamentals and industry dynamics to identify

companies displaying strong earnings and revenue growth relative to the overall

market or relative to their peer group, improving returns on equity and a

sustainable competitive advantage.



The Adviser focuses on a number of factors to assess the growth potential of

individual companies, such as:



     o  Historical and expected organic revenue growth rates;

     o  Historical and expected earnings growth rates;

     o  Signs of accelerating growth potential;

     o  Positive earnings revisions;

     o  Earnings momentum;

     o  Improving margin and return on equity trends; and

     o  Positive price momentum.



When an attractive growth opportunity is identified, the Adviser seeks to

independently develop an intrinsic valuation for the stock.  The Adviser

believes that the value of a company is determined by discounting the company's

future cash flows or earnings.  Valuation factors considered in identifying

securities for the Fund's portfolio include:



     o  Price/earnings ratio;

     o  Price/sales ratio;

     o  Price/earnings to growth ratio;

     o  Enterprise value/earnings before interest, taxes, depreciation and

        amortization;

     o  Enterprise value/sales;

     o  Price/cash flow;

     o  Balance sheet strength; and

     o  Returns on equity and returns on invested capital.



The Adviser also seeks to understand a firm's competitive position and the

industry dynamics in which the firm operates. The Adviser assesses industry

growth potential, market share opportunities, cyclicality and pricing power.

Further analysis focuses on corporate governance and management's ability to

create value for shareholders.



The Adviser augments its independent fundamental research process with

quantitative screens and models.  The models are derived from proprietary

research or securities industry research studies and score companies based upon

a number of fundamental factors. The Adviser uses quantitative analysis to

provide an additional layer of objectivity, discipline and consistency to its

equity research process. This quantitative analysis complements the fundamental

analyses that the Adviser conducts on companies during its stock selection

process.



The Fund seeks to buy and hold securities for the long term and seeks to keep

portfolio turnover to a minimum. However, the Adviser may sell a security if

its price exceeds the Adviser's assessment of its fair value or in response to

a negative company event, a change in management, poor relative price

performance, achieved fair valuation, or a deterioration in a company's

business prospects, performance or financial strength.

PRINCIPAL RISKS

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.



GROWTH STYLE RISK -- The price of equity securities rises and falls in response

to many factors, including the historical and prospective earnings of the

issuer of the stock, the value of its assets, general economic conditions,

interest rates, investor perceptions, and market liquidity. The Fund may invest

in securities of companies that the Adviser believes have superior prospects

for robust and sustainable growth of revenues and earnings. These may be

companies with new, limited or cyclical product lines, markets or financial

resources, and the management of such companies may be dependent upon one or a

few key people. The stocks of such companies can therefore be subject to more

abrupt or erratic market movements than stocks of larger, more established

companies or the stock market in general.

PERFORMANCE INFORMATION

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 performance information provided includes the returns of Institutional

Class Shares for periods prior to June 30, 2008. Institutional Class Shares of

the Fund are offered in a separate prospectus. Institutional Class Shares would

have substantially similar performance as Class A Shares because the shares are

invested in the same portfolio of securities and the annual returns would

differ only to the extent that the expenses of Class A Shares are higher than

the expenses of the Institutional Class Shares and, therefore, returns for the

Class A Shares would be lower than those of the Institutional Class Shares.

Institutional Class Shares performance presented has been adjusted to reflect

the Distribution (12b-1) fees and, for the performance table, the Maximum Sales

Charge (Load), applicable to Class A Shares.



Institutional Class Shares first became available on April 25, 2008, when the

Fund succeeded to the assets and operations of a common trust fund that was

managed by The Frost National Bank (the "Predecessor Fund"). The performance

information provided includes the returns of the Predecessor Fund for periods

prior to April 25, 2008.  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 its performance can be calculated applying

the relevant performance standards is May 31, 2002 ("Performance Start Date").



The bar chart figures do not include sales charges that may have been paid when

investors bought and sold Class A Shares of the Fund. If sales charges were

included, the returns would be lower. 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.

BEST QUARTER       WORST QUARTER

                   ---------------------------------

                        15.48%            (20.79)%

                   ---------------------------------

                    (06/30/2009)        (12/31/2008)

                   ----------------------------------

The performance information shown above is based on a calendar year. The Fund's

performance for Class A Shares from 1/1/11 to 9/30/11 was (9.18)%.

This table compares the Fund's Class A Shares' average annual total returns for

the periods ended December 31, 2010 to those of the Russell 1000 Growth 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 TOTAL RETURNS FOR PERIODS ENDED DECEMBER 31, 2010

Average Annual Total Returns Frost Core Growth Equity Fund	Average Annual Returns, Label	Average Annual Returns, 1 Year	Average Annual Returns, 5 Years	Average Annual Returns, Since Inception	Average Annual Returns, Inception Date	Average Annual Returns, Since Inception Secondary	Average Annual Returns, Inception Date Secondary
Class A Shares	FUND RETURN BEFORE TAXES	8.58%	1.55%	2.27%	May 31, 2002
Class A Shares After Taxes on Distributions	FUND RETURN AFTER TAXES ON DISTRIBUTIONS	8.57%
Class A Shares After Taxes on Distributions and Sales	FUND RETURN AFTER TAXES ON DISTRIBUTIONS AND SALE OF FUND SHARES	5.59%			May 31, 2002
Russell 1000 Growth Index	RUSSELL 1000 GROWTH INDEX (REFLECTS NO DEDUCTION FOR FEES, EXPENSES, OR TAXES)	16.71%	3.75%	4.36%	May 31, 2002	4.36%	May 31, 2002

[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.