SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE
SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by
Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to 240.14a-11(c) or 240.14a-12
WM TRUST II
- --------------------------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
(1) Title of each class of securities to which transaction applies:
---------------------------------------------------------------------
(2) Aggregate number of securities to which transaction applies:
---------------------------------------------------------------------
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
filing fee is calculated and state how it was determined):
---------------------------------------------------------------------
(4) Proposed maximum aggregate value of transaction:
---------------------------------------------------------------------
(5) Total fee paid:
---------------------------------------------------------------------
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number,
or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
---------------------------------------------------------------------
(2) Form, Schedule or Registration Statement No.:
---------------------------------------------------------------------
(3) Filing Party:
---------------------------------------------------------------------
(4) Date Filed:
---------------------------------------------------------------------
[WM GROUPOFFUNDS LOGO]
1100 Investment Boulevard, Suite 200
El Dorado Hills, California 95762
www.wmgroupoffunds.com
October 19, 2005
Dear WM California Money Fund Shareholder:
You should have recently received a proxy statement soliciting your vote for the
purpose of approving a proposed liquidation of the WM California Money Fund.
Assuming shareholders approve the proposal, the Fund will be closing on or about
November 8, 2005.
In advance of the Fund's scheduled liquidation, we wanted to highlight the
following important operational issues:
- NEW ORDERS FOR CHECKS ARE NO LONGER BEING ACCEPTED
- ALL SYSTEMATIC TRANSACTIONS WILL BE DISCONTINUED AFTER OCTOBER 24,
2005
- NEW ACCOUNTS AND NEW PURCHASES WILL NOT BE ACCEPTED AFTER OCTOBER 24,
2005
- CHECKS SUBMITTED TO THE FUND PRIOR TO NOVEMBER 8, 2005, WILL BE
HONORED
- CHECKS WRITTEN ON YOUR FUND ACCOUNT THAT ARE PRESENTED TO THE FUND FOR
PAYMENT ON OR AFTER NOVEMBER 8, 2005, WILL NOT BE HONORED
You are free to redeem or exchange your investment in the Fund prior to November
8th. Regardless of whether or not you choose to do so, you are entitled to vote
on the proposed liquidation. Please note that fund minimums do apply to
exchanges as outlined in the Fund's prospectus. If you take no action, you will
receive a check for the value of your Fund shares following the liquidation.
We appreciate your investment in the WM Group of Funds, and look forward to
serving your investment needs in the years to come. If you have questions,
please contact your Investment Representative or call 800-222-5852.
Sincerely,
/s/ WILLIAM G. PAPESH
William G. Papesh
President
YOUR VOTE IS IMPORTANT
IT IS IMPORTANT THAT YOU VOTE WHETHER OR NOT YOU PLAN TO ATTEND THE SHAREHOLDER
MEETING. TO CAST YOUR VOTE, PLEASE CALL 866-241-6192 OR FOLLOW THE INSTRUCTIONS
FOR THE OTHER VOTING OPTIONS OUTLINED ON YOUR PROXY CARD.
The WM Group of mutual funds is advised by WM Advisors, Inc., distributed by WM
Funds Distributor, Inc., and sold through WM Financial Services, Inc. (all
affiliates of Washington Mutual, Inc.) and independent broker/dealers.