LKCM International Equity Fund LKINX Strategy

The investment seeks to maximize long-term capital appreciation. The fund seeks to achieve its investment objective by investing primarily in equity securities of non-U.S. companies. It invests under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The fund generally invests in companies from developed markets, though it may invest to a lesser extent in companies from emerging markets. It may focus its investments in companies located in or economically tied to particular countries or geographic regions.