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Eaton Vance Large-Cap Value Fund Added to the Wells Fargo Advantage WealthBuilder PortfoliosSM

Our portfolio managers regularly examine the underlying funds within the Wells Fargo Advantage WealthBuilder Portfolios. As a result of this ongoing process, we recently added the Eaton Vance Large-Cap Value Fund to replace the John Hancock Classic Value Fund. The underlying fund change was made in all six WealthBuilder Portfolios.

The Eaton Vance Large-Cap Value investment philosophy is value-oriented, research-driven, and risk-controlled. The fund invests in large capitalization companies that exhibit high-quality, strong business franchises, attractive long-term dividend and earnings growth potential, and discount valuations relative to the management teamís intrinsic value and overall market estimates. The investment process combines bottom-up fundamental research and an explicit risk management discipline.

The Wells Fargo Advantage WealthBuilder Portfolios use the collective expertise of fund managers from these mutual fund families:

  • Wells Fargo Advantage Funds
  • Columbia Funds
  • DWS Funds
  • Eaton Vance Funds
  • ING Funds
  • Oppenheimer Funds
  • T. Rowe Price
  • Thornburg

About the Wells Fargo Advantage WealthBuilder Portfolios
The Wells Fargo Advantage WealthBuilder Portfolios were first introduced in 1997 and are part of our long history of pioneering asset allocation strategies. The WealthBuilder Portfolios in the series use a fund-of-funds approach composed of both proprietary and nonproprietary mutual funds and offer investors a range of portfolios to match their risk profile. The portfolio managers apply the disciplines of Tactical Asset Allocation and Tactical Equity Allocation modeling to help manage risk and to capitalize on rotating market cycles.

Balanced funds may invest in stocks and bonds. Stock values fluctuate in response to the activities of individual companies and general market and economic conditions. Bond values fluctuate in response to the financial condition of individual issuers, general market and economic conditions, and changes in interest rates. In general, when interest rates rise, bond values fall and investors may lose principal value. The use of derivatives may reduce returns and/or increase volatility. Investment strategies that emphasize particular market segments or fewer securities tend to increase the total risk of an investment (relative to the broader market). The WealthBuilder Portfolios are exposed to one or more of the following risks: alternative investment risk, foreign investment risk, high-yield securities risk, mortgage- and asset backed securities risk, and small company investment risk. Consult the Fundís prospectus for additional information on these and other risks.

Asset allocation and diversification do not assure or guarantee better performance and cannot eliminate the risk of investment losses.