Global Opportunities Fund — A — Wells Fargo Advantage Funds Mobile

Fund Profile

Global Opportunities Fund – EKGAX

Share Price 06-18-13	$37.96
Daily Change	0.17
YTD Return	9.46%
Inception Date	03-16-1988
Net Fund Assets 05-31-2013	$274,170,367.45

PERFORMANCE

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

	1-year	3-year	5-year	10-year	Inception
NAV	12.99	8.93	3.56	13.68	10.11
POP	6.49	6.80	2.34	13.01	9.85

S&P Developed SmallCap Index

	1-year	3-year	5-year	10-year	Inception
	14.56	11.49	4.75	12.70	--

Important disclosure

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.
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. Returns for periods of less than one year are not annualized.
The S&P Developed SmallCap Index is an unmanaged index of small-capitalization stocks within 26 countries around the globe. You cannot invest directly in an index.

EXPENSES %

Net Expense Ratio effective since 03-01-13	1.56%
Gross Expense Ratio	1.56%

Important disclosure

The advisor has committed, through 02-28-14, 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 1.55%. Without this cap, the fund's returns would have been lower.

MORNINGSTAR RATINGS as of 05-31-2013

Category = World Stock

3-Year out of 752 funds
5-Year out of 595 funds
10-Year out of 304 funds
Overall out of 752 funds

Important disclosure

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.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

HOLDINGS

TOP HOLDINGS % of net assets as of 05-31-2013

Franklin Electric Incorporated	1.53%
Bovis Homes Group	1.48%
First Citizens BancShares?Cl A	1.46%
Kadant Incorporated	1.45%
The Mens Wearhouse Inc	1.45%
Macquarie Infrastucture Company LLC	1.38%
Treehouse Foods Incorporated	1.37%
ATMI Incorporated	1.37%
ACI Worldwide Incorporated	1.35%
Brown & Brown Incorporated	1.34%

TOP SECTORS % of net assets as of 05-31-2013

Industrials	22.88%
Financials	16.08%
Consumer Discretionary	16.01%
Information Technology	13.67%
Materials	8.42%
Consumer Staples	6.45%
Energy	6.32%
Health Care	5.98%
Cash	2.65%
Utilities	0.93%

Portfolio holdings and sectors are subject to change and may have changed since the date specified.

FUND STORY

PORTFOLIO MANAGERS

		James M. Tringas, CFA, CPA Years of investment experience: 23
		Oleg Makhorine Years of investment experience: 18

The Fund

The Wells Fargo Advantage Global Opportunities Fund seeks long-term capital appreciation by principally investing in equity securities of small- to medium-sized global companies.

Competitive Advantages

International and U.S. specialist: The team believes that the global small- and mid-capitalization markets are inefficient and that stocks frequently diverge from their intrinsic value. Using regional specialization can more effectively identify companies where price and value have diverged.
Macroeconomic analysis prioritizes research initiatives: The team incorporates top-down macroeconomic research to help guide and prioritize its fundamental analytical process to take advantage of changing economic conditions over a business cycle, to capture improving tailwinds, and to minimize the impact of cyclical headwinds.
Proprietary cash-flow valuation: The team's cash-flow analysis is designed to value a company's excess balance sheet capacity, recognizing that there may be hidden value in a company's financial flexibility.

Risks

Stock fund values fluctuate in response to the activities of individual companies and general market and economic conditions. Foreign investments are especially volatile and can rise or fall dramatically due to differences in the political and economic conditions of the host country. These risks are generally intensified in emerging markets. The use of derivatives may reduce returns and/or increase volatility. Certain investment strategies tend to increase the total risk of an investment (relative to the broader market). This fund is exposed to country concentration risk, regional risk and smaller-company securities risk. Consult the fund's prospectus for additional information on these and other risks.

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. Current month-end performance is available at the funds' website, wellsfargo.com/advantagefunds.

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Not FDIC Insured • No Bank Guarantee • May Lose Value