Frost Strategic Balanced Fund (First Prospectus Summary) | Frost Strategic Balanced Fund

FROST STRATEGIC BALANCED FUND

INVESTMENT OBJECTIVE

The Frost Strategic Balanced Fund (the "Fund") seeks long-term capital

appreciation and current income.

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 Strategic Balanced 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 Strategic Balanced Fund Class A Shares
Management Fees		0.70%
Distribution (12b-1) Fees		0.25%
Other Expenses		0.75%
Acquired Fund Fees and Expenses		0.33%
Total Annual Fund Operating Expenses	[1]	2.03%

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 Strategic Balanced Fund Class A Shares	769	1,175	1,605	2,798

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 21% of the average value of its portfolio.

PRINCIPAL INVESTMENT STRATEGIES

Under normal circumstances, the Fund seeks to achieve its investment objective

by investing in a diversified portfolio of global fixed income and equity

securities.  The overarching principle of Frost Investment Advisors, LLC (the

"Adviser") is to structure the Fund to be well diversified across many asset

classes and securities. In selecting securities for the Fund, the Adviser uses

the following strategies:



     o  Strategic asset allocation;

     o  Tactical asset allocation;

     o  Security selection;

     o  Bond asset class allocation;

     o  Foreign currency exposure; and

     o  Derivatives.



Between 40% to 80% of the Fund's assets may be invested in domestic and

international equity securities, including emerging markets equity securities.

The balance of the Fund's portfolio will be invested in fixed income asset

classes and cash. Additionally, up to 40% of the Fund's assets may be invested

in non-core equity classes/styles such as real estate, infrastructure or

commodities, and hedged equity, which may also be internationally diversified.

The Adviser may alter these asset allocation guidelines according to its

outlook for each asset class.  As an alternative to directly investing in

securities in these asset classes, the Fund may also invest in other investment

companies, including mutual funds, closed-end funds and exchange-traded funds

("ETFs"), to gain exposure to equity and fixed-income markets. The degree to

which the Fund invests in other investment companies for these purposes will

vary, and at times may be significant, depending on factors such as overall

Fund asset levels and the Adviser's views on the most efficient method for

achieving diversified exposure to a particular asset class consistent with the

Fund's investment objective.  The Fund may also invest in derivatives to manage

risk, increase or decrease exposure to an asset class, and/or to enhance total

return.  The Fund is reallocated at least annually to manage asset class drift

and improve the risk-reward profile of the Fund.



The Fund's asset class selection is based on the Adviser's outlook for the

reward and risks presented by each asset class. These assumptions are used in a

model-driven framework to make allocation decisions. The principal strategy

offers diversification and breadth by providing access to a broad array of

sources of returns through exposure to a broad selection of partially

correlated asset classes. The Adviser directs the Fund's asset market

allocation toward opportunities that are identified to be greater and away from

those that are smaller.



The Adviser has discretion to add or remove asset classes from the Fund based

on its analysis of valuation, opportunity and risk, provided the Fund's asset

allocation guidelines are met.

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.



DERIVATIVES RISKS -- Derivatives may involve risks different from, and possibly

greater than, those of traditional investments. The Fund may use derivatives

(such as futures, options, and swaps) to attempt to achieve its investment

objective and offset certain investment risks, while at the same time

maintaining liquidity. These positions may be established for hedging or

non-hedging purposes. Risks associated with the use of derivatives include the

following risks associated with hedging and leveraging activities:



     o  The success of a hedging strategy may depend on an ability to predict

        movements in the prices of individual securities, fluctuations in

        markets, and movements in interest rates.



     o  The Fund may experience losses over certain ranges in the market that

        exceed losses experienced by a fund that does not use derivatives.



     o  There may be an imperfect or no correlation between the changes in

        market value of the securities held by the Fund and the prices of

        derivatives.



     o  There may not be a liquid secondary market for derivatives.



     o  Trading restrictions or limitations may be imposed by an exchange.



     o  Government regulations may restrict trading derivatives.



     o  The other party to an agreement (e.g., options or expense swaps) may

        default; however, in certain circumstances, such counterparty risk may

        be reduced by having an organization with very good credit act as

        intermediary. Because options premiums paid or received by the Fund

        are small in relation to the market value of the investments

        underlying the options, buying and selling put and call options can be

        more speculative than investing directly in securities.



REAL ESTATE RISK -- The Fund may invest in funds, ETFs or companies that invest

in real estate. Real estate risk is the risk that real estate will underperform

the market as a whole. The general performance of the real estate industry has

historically been cyclical and particularly sensitive to economic downturns.

Real estate can be affected by changes in real estate values and rental income,

changes in interest rates, changing demographics and regional economic cycles.



REIT RISK -- Real Estate Investment Trusts ("REITs") are pooled investment

vehicles that own, and usually operate, income-producing real estate. REITs are

susceptible to the risks associated with direct ownership of real estate, such

as:  declines in property values; increases in property taxes, operating expenses,

rising interest rates or competition overbuilding; zoning changes; and losses from

casualty or condemnation. REITs typically incur fees that are separate from those

of the Fund. Accordingly, the Fund's investments in REITs will result in the

layering of expenses, such that shareholders will indirectly bear a proportionate

share of the REITs' operating expenses, in addition to paying Fund expenses.



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.



ALLOCATION RISK -- The Fund will allocate its investments between various asset

classes, including derivatives.  These investments are based upon judgments

made by the Adviser, which may not accurately predict changes in the market.

As a result, the Fund could miss attractive investment opportunities by

underweighting markets that subsequently experience significant returns and

could lose value by overweighting markets that subsequently experience

significant declines.



FOREIGN COMPANY RISK -- Investing in foreign companies, whether through

investments made in foreign markets or made through the purchase of American

Depository Receipts ("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.



EMERGING MARKET SECURITIES RISK -- Investments in emerging markets securities

are considered speculative and subject to heightened risks in addition to the

general risks of investing in non-U.S. securities. Unlike more established

markets, emerging markets may have governments that are less stable, markets

that are less liquid and economies that are less developed.  In addition,

emerging markets securities may be subject to smaller market capitalization of

securities markets, which may suffer periods of relative illiquidity;

significant price volatility; restrictions on foreign investment; and possible

restrictions on repatriation of investment income and capital. Furthermore,

foreign investors may be required to register the proceeds of sales, and future

economic or political crises could lead to price controls, forced mergers,

expropriation or confiscatory taxation, seizure, nationalization or creation of

government monopolies.



FOREIGN CURRENCY RISK -- Because non-U.S. securities are usually denominated in

currencies other than the dollar, the value of the Fund's portfolio may be

influenced by currency exchange rates and exchange control regulations. The

currencies of emerging market countries may experience significant declines

against the U.S. dollar, and devaluation may occur subsequent to investments in

these currencies by the Fund. Inflation and rapid fluctuations in inflation

rates have had, and may continue to have, negative effects on the economies and

securities markets of certain emerging market countries.



INTEREST RATE RISK -- As with most funds that invest in debt securities, changes

in interest rates are one of the most important factors that could affect the

value of your investment. Rising interest rates tend to cause the prices of

debt securities (especially those with longer maturities) and the Fund's share

price to fall.



The concept of duration is useful in assessing the sensitivity of a fixed

income fund to interest rate movements, which are usually the main source of

risk for most fixed-income funds. Duration measures price volatility by

estimating the change in price of a debt security for a 1% change in its yield.

For example, a duration of five years means the price of a debt security will

change about 5% for every 1% change in its yield. Thus, the higher duration,

the more volatile the security.



Debt securities have a stated maturity date when the issuer must repay the

principal amount of the bond. Some debt securities, known as callable bonds,

may repay the principal earlier than the stated maturity date. Debt securities

are most likely to be called when interest rates are falling because the issuer

can refinance at a lower rate.



Rising interest rates may also cause investors to pay off mortgage-backed and

asset-backed securities later than anticipated, forcing the Fund to keep its

money invested at lower rates. Falling interest rates, however, generally cause

investors to pay off mortgage-backed and asset-backed securities earlier than

expected, forcing the Fund to reinvest the money at a lower interest rate.



Mutual funds that invest in debt securities have no real maturity. Instead,

they calculate their weighted average maturity. This number is an average of

the effective or anticipated maturity of each debt security held by the mutual

fund, with the maturity of each security weighted by the percentage of its

assets of the mutual fund it represents.



CREDIT RISK -- The credit rating or financial condition of an issuer may affect

the value of a debt security. Generally, the lower the quality rating of a

security, the greater the risk that the issuer will fail to pay interest fully

and return principal in a timely manner. If an issuer defaults or becomes

unable to honor its financial obligations, the security may lose some or all of

its value. The issuer of an investment-grade security is more likely to pay

interest and repay principal than an issuer of a lower rated bond. Adverse

economic conditions or changing circumstances, however, may weaken the capacity

of the issuer to pay interest and repay principal.



Although the Fund's U.S. government securities are considered to be among the

safest investments, they are not guaranteed against price movements due to

changing interest rates. Obligations issued by some U.S. government agencies

are backed by the U.S. Treasury, while others are backed solely by the ability

of the agency to borrow from the U.S. Treasury or by the government sponsored

agency's own resources. As a result, investments in securities issued by

government sponsored agencies that are not backed by the U.S. Treasury are

subject to higher credit risk than those that are.



High yield, or "junk," bonds are highly speculative securities that are usually

issued by smaller less credit worthy and/or highly leveraged (indebted)

companies. Compared with investment-grade bonds, high yield bonds carry a

greater degree of risk and are less likely to make payments of interest and

principal. Market developments and the financial and business conditions of the

corporation issuing these securities influences their price and liquidity more

than changes in interest rates, when compared to investment-grade debt

securities. Insufficient liquidity in the junk bond market may make it more

difficult to dispose of junk bonds and may cause the Fund to experience sudden

and substantial price declines. A lack of reliable, objective data or market

quotations may make it more difficult to value junk bonds accurately.



INVESTMENTS IN INVESTMENT COMPANIES AND ETFS -- ETFs are pooled investment

vehicles, such as registered investment companies and grantor trusts, whose

shares are listed and traded on U.S. stock exchanges or otherwise traded in the

over-the-counter market. To the extent the Fund invests in other investment

companies, such as ETFs, closed-end funds and other mutual funds, the Fund will

be subject to substantially the same risks as those associated with the direct

ownership of the securities held by such other investment companies. As a

shareholder of another investment company, the Fund relies on that investment

company to achieve its investment objective. If the investment company fails to

achieve its objective, the value of the Fund's investment could decline, which

could adversely affect the Fund's performance. By investing in another

investment company, Fund shareholders indirectly bear the Fund's proportionate

share of the fees and expenses of the other investment company, in addition to

the fees and expenses that Fund shareholders directly bear in connection with

the Fund's own operations. The Fund does not intend to invest in other

investment companies unless the Adviser believes that the potential benefits of

the investment justify the payment of any additional fees or expenses. Federal

securities laws impose limitations on the Fund's ability to invest in other

investment companies.



Because closed-end funds and ETFs are listed on national stock exchanges and

are traded like stocks listed on an exchange, their shares potentially may

trade at a discount or premium. Investments in closed-end funds and ETFs are

also subject to brokerage and other trading costs, which could result in

greater expenses to the Fund. In addition, because the value of closed-end

funds and ETF shares depends on the demand in the market, the Adviser may not

be able to liquidate the Fund's holdings at the most optimal time, which could

adversely affect Fund performance.

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 year 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 June 30, 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 June 30, 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 July 31, 2006 ("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

13.22%             (11.48)%

(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 (7.29)%.

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

the periods ended December 31, 2010 to appropriate broad-based indices.

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 Strategic Balanced Fund	Average Annual Returns, Label	Average Annual Returns, 1 Year	Average Annual Returns, Since Inception	Average Annual Returns, Inception Date
Class A Shares	FUND RETURN BEFORE TAXES	3.92%	2.80%	Jul. 31, 2006
Class A Shares After Taxes on Distributions	FUND RETURN AFTER TAXES ON DISTRIBUTIONS	3.56%
Class A Shares After Taxes on Distributions and Sales	FUND RETURN AFTER TAXES ON DISTRIBUTIONS AND SALE OF FUND SHARES	2.74%
S&P 500 Index	S&P 500 INDEX (REFLECTS NO DEDUCTION FOR FEES, EXPENSES, OR TAXES)	15.06%	1.84%	Jul. 31, 2006
MSCI ALL COUNTRY WORLD EX-US INDEX	MSCI ALL COUNTRY WORLD EX-US INDEX (REFLECTS NO DEDUCTION FOR FEES, EXPENSES, OR TAXES)	11.15%	3.06%	Jul. 31, 2006
BARCLAYS CAPITAL US AGGREGATE INDEX	BARCLAYS CAPITAL US AGGREGATE INDEX (REFLECTS NO DEDUCTION FOR FEES, EXPENSES, OR TAXES)	6.54%	6.44%	Jul. 31, 2006
48/12/40 BLENDED INDEX RETURN	48/12/40 BLENDED INDEX RETURN (REFLECTS NO DEDUCTION FOR FEES, EXPENSES, OR TAXES)	11.71%	4.32%	Jul. 31, 2006

[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.