Company Press Release

Baie M. Netzer Joins HighMark Capital Management as Director of Manager Research

SAN FRANCISCO --HighMark Capital Management, Inc., today announced that Baie M. Netzer, CFA, CFP, has joined the company as Director of Manager Research. In her new role, Netzer will head HighMark's manager research team from her office in San Francisco.

"HighMark is pleased to have an industry veteran like Baie join our team," said HighMark Capital Management Vice President Christine Weiss. "Her experience in research and portfolio management, combined with her marketing and communication skills, will provide tremendous value for HighMark," Weiss added.

Netzer brings significant experience to her position, having previously worked with Litman/Gregory as a senior research analyst and portfolio manager, where her primary research responsibilities included equity and fixed-income mutual funds. She has been quoted extensively on topics of investing and personal finance. She previously also worked as a Quicken product manager for Intuit, preceded by a freelance journalist in Europe, and a staff reporter at Money magazine. Netzer began her career as a financial analyst at Goldman Sachs in New York.

Netzer earned a bachelor's degree in International Relations from Stanford University. She holds the Chartered Financial Analyst (CFA) designation, and is also a Certified Financial Planner (CFP).

About HighMark Capital Management, Inc.

San Francisco-based HighMark Capital Management, Inc. (HCM), is a registered investment adviser, with over $16 billion in assets for individual and institutional investors worldwide. HCM is a wholly-owned subsidiary of Union Bank, N.A. Union Bank, N.A. is wholly owned by UnionBanCal Corporation. UnionBanCal Corporation is wholly-owned by The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG, NYSE:MTU), one of the world’s largest financial organizations in market capitalization and deposit taking.

HCM is also the adviser to the HighMark Funds, a nationally recognized fund company offering a wide range of mutual funds including world class fixed income funds, domestic and international equity funds, conservatively managed money market funds and asset allocation portfolios. HighMark Funds Distributors, Inc., an affiliate of BNY Mellon Distributors Inc., is the principal underwriter of HighMark Funds. For more information on HighMark Fund’s family of mutual funds and services, please visit www.highmarkfunds.com. HighMark Capital Management can be found on the Web at www.highmarkcapital.com.

Mutual fund investing involves risk, including possible loss of principal. HighMark Funds Distributors, Inc., an affiliate of BNY Mellon Distributors Inc., is the principal underwriter of the HighMark Funds. HighMark Capital Management, Inc., a registered investment adviser, is a wholly owned subsidiary of Union Bank, N.A., and serves as an investment adviser for HighMark Funds. Union Bank, N.A., a subsidiary of UnionBanCal Corporation, provides certain services to the Funds and is compensated for these services. NO BANK GUARANTEE, NOT FDIC INSURED, MAY LOSE VALUE. There is no guarantee that the Funds will meet their stated objectives.

Carefully consider the Funds' investment objectives, risk, and charges and expenses. This and other information can be found in the Funds' prospectus, which may be obtained by calling 1.800.433.6884 or by visiting www.highmarkfunds.com. Read the prospectus carefully before investing.