Dear Shareholder: Please find below important information concerning Proxy Materials for the PayPal Money Market Fund. Please read these instructions carefully before proceeding. Your vote is important! NOTICE OF MEETING and PROXY STATEMENT: http://www.kingproxy.com/paypal Special Meeting of PayPal Money Market Fund shareholders to be held: February 24, 2011 For shareholders as of: December 27, 2010 HOW TO VOTE: You can vote through the Internet or by touchtone telephone. Either way, you will need the CONTROL NUMBER(S) below. PayPal Funds: PayPal Money Market Fund CONTROL NUMBER: 18060700319446 (use this number to cast your vote) To vote through the Internet, visit http://www.kingproxy.com/paypal and follow the on-line instructions. To vote by touchtone telephone, call 1-800-791-3320, and follow the recorded instructions. QUESTIONS: Call 1-800-791-3320 ADDITIONAL INFORMATION: To access the electronic Proxy Materials, you may need Adobe Acrobat Reader software. This software is available for download at no cost at http://www.adobe.com. Downloading time may be slow. Copies of the Fund’s most recent annual and semi-annual reports to shareholders have previously been electronically furnished to shareholders. Additional copies of any of these documents are available on the Trust’s internet website at www.paypal.com, and may be obtained without charge by emailing customer service at service @ paypal.com (edited to exclude link) or by calling 1-888-215-5506. To request a paper copy of Proxy Materials relating to this proxy, please call 1-800-791-3320. Thank you! PayPal Funds
... View more