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SIMPLIFIED PROSPECTUS

United Funds

Simplified Prospectus – July 26, 2012

Amendment No. 1 dated November 27, 2012 to the Simplified Prospectus dated July 26, 2012

ANNUAL INFORMATION FORM

United Funds

Annual Information Form – July 26, 2012

Amendment No. 1 dated November 27, 2012 to the Annual Information Form dated July 26, 2012