The Sub-Advisers
Sub-adviser of HighMark International Opportunities Fund, HighMark Enhanced Growth Fund and HighMark Cognitive Value Fund

Bailard, Inc., founded in 1969, is an independent investment management firm based in Foster City, California. Bailard manages assets for institutional and high net worth investors, offering innovative investment solutions ranging from traditional investments to specialty products. Bailard puts experience and passion for innovation to work to deliver intelligently-designed products, solid and consistent results, and ever-greater value for their clients.

Direct access minimum $25 million

Sub-Adviser of HighMark Geneva Mid Cap Growth Fund and Highmark Geneva Small Cap Growth Fund

Geneva Capital Management Ltd. is a Milwaukee-based, independent investment firm dedicated to helping individual and institutional clients achieve their financial goals through the use of equity and fixed income assets. Founded in 1987 with a quality growth philosophy, Geneva Capital's Investment Team has successfully managed assets using a well-defined, highly disciplined investment process.

Direct access minimum
$5 million for Geneva Mid Cap Growth Fund and
$3 million for Geneva Small Cap Growth Fund

Sub-Adviser of HighMark NYSE Arca Tech 100 Index Fund, HighMark Equity Income Fund and HighMark Wisconsin Tax-Exempt Fund

Ziegler Lotsoff Capital Management, LLC (ZLCM) is a boutique asset management firm, based in Chicago, with a strong history of providing investment strategies for institutions, pension plans, retirement communities, healthcare systems, and individual investors. ZLCM's investment philosophy is driven by their research, which shows that persistent investor behavior causes securities to be priced temporarily too low or too high. ZLCM creates risk-controlled portfolios which seek to outperform a market benchmark by exploiting the investment opportunities created by this persistent investor behavior.

Direct access minimum $1 million

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Benefits of Mid Cap Investing
Investors may not be aware of the potential benefits of including midcap stocks in their portfolios.

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