Team Overview

The RS Floating Rate Fund Fund is sub-advised by Guardian Investor Services LLC and Co-Managed by Kevin Booth and Marc Gross. Both Co-Portfolio Managers are members of the RS Fixed-Income Team. The RS Fixed Income Team consists of 36 seasoned investment professionals, who on average have over 15 years of investment experience.

Portfolio Management Team

Kevin Booth, CFA

Co-portfolio manager of RS High Yield Bond Fund, RS Floating Rate Fund, and RS Strategic Income Fund

Managed RS High Yield Bond Fund since November 2009, and RS Floating Rate Fund and RS Strategic Income Fund since their inception
Managing director, Guardian Life
Prior Experience: managing director at BlackRock/Merrill Lynch Investment Managers
Education: B.A. in economics from Harpur College, SUNY Binghamton and an M.B.A. in finance from New York University
CFA Charterholder

Marc Gross

Co-portfolio manager of RS High Yield Bond Fund, RS Floating Rate Fund, and RS Strategic Income Fund

Managed RS High Yield Bond Fund since July 2008; co-managed RS Floating Rate Fund and RS Strategic Income Fund since their inception
Senior Director, Guardian Life
Prior to joining Guardian Life, Marc was a responsible for high yield and distressed credit analysis, idea generation, and trade execution at Clinton Group and a senior analyst at RBC Dain Rauscher
Education: B.A. from University of North Carolina at Chapel Hill and M.B.A. from New York University Stern School of Business

Characteristics

Other Investment Products

You should read the current RS Funds' Prospectus before investing. The RS Funds' Statement of Additional Information (SAI) provides information about the Funds that may not be contained in the Prospectus.

RS Funds are sold by Prospectus only. You should carefully consider the investment objectives, risks, charges, and expenses of the RS Funds before making an investment decision. The prospectus contains this and other important information. Please read it carefully before investing or sending money. To obtain a printed copy, please call 800-766-3863.

If you are an existing shareholder and would like a copy of the prospectus or need to contact RS Investments, call 800-766-3863. If you are interested in learning more about and how to invest with RS, please contact your financial professional.

The information on this web site is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer.

RS Funds are distributed by: Guardian Investor Services LLC, 7 Hanover Square, New York, NY 10004.

RS is an independent subsidiary of Guardian Investor Services LLC. Guardian Investor Services LLC (GIS), is a registered broker-dealer, registered investment advisor, and a wholly owned subsidiary of The Guardian Life Insurance Company of America.

Not A Deposit / Not FDIC or NCUA Insured / May Lose Value / No Bank or Credit Union Guarantee

GIS is a member: FINRA and SIPC.

© 2010 RS Investment Management Co. LLC
RS Investments is the marketing name for RS Investment Management Co. LLC and its affiliates.