Wells Fargo Advantage Omega Growth Fund – EKOAX

MORNINGSTAR RATINGS™ as of 04-30-2013 Category = Large Growth 3-year Morningstar Rating™ (out of 1485 funds)   5-year Morningstar Rating™ (out of 1285 funds)   10-year Morningstar Rating™ (out of 852 funds)   Overall Morningstar Rating™ (out of 1485 funds)   The Overall Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and ten-year (if applicable) ratings, based on risk-adjusted returns. Click here for more information.

Morningstar® Style Box™ – as of 04-30-2013 Click here for more information.

LIPPER INC. TOTAL RETURN RANKINGS – as of 04-30-2013 Lipper Multi-Cap Growth Funds

1-year   291 out of 527 3-year   142 out of 456 5-year   11 out of 383 10-year   68 out of 253

Past performance is no guarantee of future results.

AVERAGE ANNUAL TOTAL RETURNS – as of 03-31-2013

				1-year		3-year		5-year		10-year		Since Inception
Omega Growth Fund		NAV		9.56%		12.45%		10.96%		10.53%		9.59%
		POP		3.26%		10.25%		9.66%		9.87%		9.44%
Russell 3000 Growth Index				10.42%		13.19%		7.44%		8.84%		--
Figures quoted represent past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance shown without sales charges would be lower if sales charges were reflected. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains. Click here for current month-end performance. Public offering price (POP) is the price of one share of a fund including any sales charges. Net asset value (NAV) is the value of one share of the fund excluding any sales charges. Had sales charges been included, performance would be lower. For Class A shares, the maximum front-end sales charge is 5.75%. Performance including sales charge assumes the sales charge for the corresponding time period.

EXPENSES
Net Expense Ratio – effective since 12-01-12		1.30%
Gross Expense Ratio		1.35%
The advisor has committed, through 11-30-13, to waive fees and/or reimburse expenses to the extent necessary to cap the fund's total annual fund operating expenses after fee waiver, excluding certain expenses, at 1.30%. Without this cap, the fund's returns would have been lower.

CALENDAR YEAR RETURNS

2012		20.09%
2011		-5.67%
2010		18.99%
2009		42.53%
2008		-27.75%
2007		11.43%
2006		5.12%
2005		3.26%
2004		6.35%
2003		39.06%

The inception date of Class A shares was 4-29-68 and Class B and Class C shares was 8-2-93. Historical performance shown for Classes B and C prior to their inception is based on the performance of Class A, the original class offered, and has been adjusted to reflect the higher expenses applicable to Classes B and C. Historical performance shown for all classes of the fund prior to 7-19-10 is based on the performance of the fund's predecessor, the Evergreen Omega Fund.

ADVISER  |  Wells Fargo Funds Management, LLC

SUB-ADVISER  |  Wells Capital Management Incorporated ("Wells Capital Management")

PORTFOLIO MANAGERS

		Thomas J. Pence, CFA Years of investment experience: 21 View biography Mr. Pence joined Wells Capital Management in 2005. Prior to joining Wells Capital Management, he was a portfolio manager at Strong Capital Management, Inc. ("SCM") since October 2000. Prior to joining SCM, Mr. Pence served as Senior Vice President and Chief Equity Investment Officer of Conseco Capital Management ("CCM"). While at CCM, he was responsible for managing all tax-exempt and taxable equity portfolios as well as various mutual funds within the Conseco Fund Group. Prior to joining CCM in 1991, Mr. Pence worked for the Forum Group, where he oversaw several transactions as part of the firm's development and acquisition team. Before joining the Forum Group, Mr. Pence was a financial consultant with Peterson & Company in Chicago. Mr. Pence earned a B.S. degree in Business from Indiana University and his M.B.A. degree in Finance with honors from the University of Notre Dame.
		Michael T. Smith, CFA Years of investment experience: 16 View biography Mr. Smith has served as a portfolio manager for the Fundamental Growth Equity Team at Wells Capital Management ("Wells Cap") since 2006. He also serves as a research analyst with primary responsibilities covering the health care sector. He came to Wells Cap from Strong Capital Management, having joined Strong in 2000. Prior to that, he was responsible for assisting in the research and portfolio management effort for Conseco Capital Management equity portfolios. Prior to joining Conseco, Mr. Smith attended DePauw University, where he graduated with a bachelor's degree in economics. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

THE FUND  |  The Wells Fargo Advantage Omega Growth Fund seeks long-termcapital appreciation by “surrounding the company” and principally investing in small-,mid-, and large-capitalization growth companies that consist of core holdings, developing situations, and valuation opportunities.

• Conducts a rigorous research process designed to "surround the company" and develop unique fundamental insights.
• Performs a thorough analysis of a company's current balance sheet to gain insight into its potential to execute its business model and achieve future growth objectives.
• Surrounds companies by analyzing competitors, suppliers, and customers up and down the market-capitalization spectrum.
• Maintains valuation targets as part of a strong sell discipline and risk management process.
• Constructs portfolios with a unique process that includes core holdings, developing situations, and valuation opportunities.

• "Surround the company" research approach: The team's in-depth fundamental research yields an informational advantage, providing multiple perspectives on each individual investment opportunity. This results in a unique level of insight and a clear, 360-degree view of a company's business model and its prospects for strong, sustainable growth.
• Three-pronged portfolio construction process: In building portfolios, the team seeks to diversify holdings among three distinct categories of growth opportunities in order to balance risk and return. Over the long term, this disciplined, three-pronged approach has consistently produced strong risk-adjusted returns and attractive up/down market capture characteristics.

RISKS  |   Stock fund values fluctuate in response to the activities of individual companies and general market and economic conditions. Certain investment strategies tend to increase the total risk of an investment (relative to the broader market). This fund is exposed to foreign investment risk and Smaller-company securities risk. Consult the fund's prospectus for additional information on these and other risks.

TOP HOLDINGS – % of net assets as of 04-30-2013 Apple Incorporated   4.94% Google Incorporated   3.73% Visa Incorporated   2.58% Amazon.com Incorporated   2.50% The Home Depot Incorporated   2.36% Gilead Sciences Incorporated   2.23% Monsanto Company   2.21% SBA Communications Corporation-Cl A   2.17% Alliance Data Systems Corporation   2.14% Kansas City Southern   2.13% Portfolio holdings are subject to change and may have changed since the date specified. Click here for more complete holdings.

TOP SECTORS – % of net assets as of 04-30-2013 Information Technology   28.76% Consumer Discretionary   23.27% Industrials   16.63% Health Care   13.03% Financials   4.53% Telecommunication Services   3.93% Materials   3.72% Energy   2.91% Consumer Staples   2.20% Cash   1.02% Portfolio sectors are subject to change and may have changed since the date specified.

PORTFOLIO STATISTICS – as of 03-31-2013 Number of Securities   70 Median Market Capitalization   $13.05 Billion Turnover Rate – as of 3-31-13   88.02% R²   0.94 Beta   1.19

ACCOUNT FEATURES Check Writing   No Dividends   Annually

ACCOUNT MINIMUMS Regular Account   $1,000 Traditional/Roth IRA Account   $250 UGMA/UTMA Account   $50 Subsequent Investments   $100

FEES
Redemption Fee		None
IRA Maintenance Fee  More information		$10 per account/$30 maximum