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Colorado BondShares — A Tax-Exempt Fund (the “Fund”) is a diversified, open-end mutual fund whose primary goal is to maximize income that is exempt from both federal and Colorado state income taxes while simultaneously preserving capital. The Fund also seeks opportunities for capital appreciation.

Investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. Past performance is not indicative of future results. For more complete information, or to obtain a free copy of the Fund’s prospectus, which contains this and other information, please see the fund prospectus or please call (800) 572-0069. The prospectus should be read carefully before investing. The prospectus contains this information and other information about the Fund.

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Fund Documents:

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