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INDIVIDUAL INVESTORS

EUROPEAN GROWTH & INCOME FUND


	CA Tax-Free Income Fund CA Insured Intermediate Fund CA Tax-Free Money Market Fund US Gov't Securities Fund US Treasury Trust S&P 500 Index Fund S&P MidCap Index Fund Equity Income Fund S&P SmallCap Fund Nasdaq-100 Index Fund European Growth & Income Fund Short-Term US Gov't Bond Fund



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			Questions If you have questions or need assistance, please call (800) 225-8778 or send us an email.

Ticker: EUGIX
CUSIP: 130347800

At a glance:
It is made up of securities of large-sized European companies.

This Fund attempts to generate growth and income by investing in European companies.

The portfolio generally invests in stocks which are not included in our domestic funds, so an investor would gain more diversification by including this Fund in their portfolio.

Investment goal:
This Fund seeks to provide long-term capital appreciation and income by investing in large-sized European companies.

Is it right for you?
If you are looking for exposure into international markets this Fund may be right for you. You should be comfortable with the changing values of the stock market and the risk that your investment could decline in value. Investments in foreign securities may represent higher risk for U.S. investors because of currency and liquidity risks. Your investment time-frame should be long-term in nature.

Performance
One Year		2.03% as of 03/31/08
Five Years		17.72% as of 03/31/08
Ten Years		N/A
Since Inception		2.48% as of 03/31/08
Fund Expenses
Gross Expenses		1.41%
Net Expenses		1.00%

The pricing, performance, graphs, and charts are provided by Ticker Technologies, Inc. The information contained herein has not been verified by California Investment Trust Fund Group or by its advisor, CCM Partners, LP, and should not be used for trading purposes. For official Fund prices and performance, please contact the Funds at (800) 225-8778. Past performance is not necessarily indicative of future results and current performance may be lower or higher than the performance quoted. The net asset value of each Fund's shares will fluctuate, as will the investment return and the principal value of an investment, so that an investor's shares, when redeemed, may be worth more or less than their original cost. This sheet must be preceded or accompanied by the current prospectus for the funds comprising the California Investment Trust Fund Group, which provides details about charges, investment objectives, risks and operating policies of the Funds. RFS Partners is the distributor of the California Investment Trust Fund Group. Distributed by RFS Partners 4/2008.


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