WISCONSIN
CAPITAL FUNDS, INC.
Plumb
Balanced Fund • Plumb Equity Fund
Supplement
Dated May 2, 2008 to
Statement
of Additional Information Dated May 24, 2007, as Supplemented through
October
16, 2007
Resignation
of the Funds’ Vice President and One of Their Portfolio
Managers
Mr.
David B. Duchow, a member of the team of investment professionals that manages
the Funds and Vice President for the Funds, announced that effective May
2,
2008, he is resigning from his positions with the Funds and with Wisconsin
Capital Management, LLC. The Funds will continue to be managed by Mr. Thomas
G.
Plumb and Mr. Timothy R. O’Brien.
Resignation
of the Funds' Secretary and One of Their Portfolio Managers
Mr.
Clint A. Oppermann, a member of the team of investment professionals that
manages the Funds and Secretary for the Funds, announced that effective December
31, 2007, he is resigning from his positions with the Funds and with Wisconsin
Capital Management, LLC to pursue other interests.
Ms.
Donna
M. Baker, currently the Controller for Wisconsin Capital Management, LLC,
has
been appointed by the Funds' Board of Directors to become Secretary for the
Funds. Certain information about Ms. Baker is presented below
Name,
Address
and Age
|
Position(s)
Held with
Wisconsin
Capital
Funds,
Inc.
|
Term
of Office and Length of Time Served(1)
|
Principal
Occupation(s)
During
Past Five Years
|
Other
Directorships
Held
by Director
|
|
|
|
|
|
Donna
M. Baker
Birthdate:
03/16/64
|
Secretary
|
Since
2007
|
Controller,
Wisconsin Capital Management, LLC, since 8/2004; Business Manager,
Madison
Country Day School, Madison WI, from 1/2002 to 7/2004.
|
None
|
WCM,
Inc. Deregistration
WCM,
Inc., the manager of Wisconsin Capital Management, LLC, which is the advisor
to
the Funds, has decided that it will no longer be an investment advisor
registered with the United States Securities and Exchange Commission (“SEC”).
WCM, Inc. intends to file a withdrawal form with the SEC seeking deregistration
on or about January 2, 2008. This change to WCM, Inc. will not affect Wisconsin
Capital Management, LLC’s services to the Funds. Wisconsin Capital Management,
LLC will continue to act as investment advisor to the Funds and will maintain
its registration as an investment advisor with the SEC.
Amendments
to the Funds’ Portfolio Holdings Disclosure Policy
The
Funds amended their Policy Regarding Disclosure of Portfolio Holdings to
permit
the Funds to post a complete schedule of their respective portfolio holdings
as
of the end of a fiscal quarter on their website within 30 days after the
end of
such fiscal quarter. Previously, the Funds were required to post the schedule
on
their website on the 30th day after the end of a fiscal quarter.