# EDGAR Filing Document

**Accession Number:** 0000722885
**File Stem:** 0001999371-25-012242
**Filing Date:** 2025-8
**Character Count:** 6642
**Document Hash:** b6a6f5a6c021b12dae205e61dd3f8f19
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-012242.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001999371-25-012242

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 17

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**EFFECTIVENESS DATE**: 20250828

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pear Tree Funds
- **CENTRAL INDEX KEY:** 0000722885

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-102055
- **FILM NUMBER:** 251270719

**BUSINESS ADDRESS:**
- **STREET 1:** 55 OLD BEDFORD ROAD
- **STREET 2:** SUITE 202
- **CITY:** LINCOLN
- **STATE:** MA
- **ZIP:** 01773
- **BUSINESS PHONE:** 8003311244

**MAIL ADDRESS:**
- **STREET 1:** 55 OLD BEDFORD ROAD
- **STREET 2:** SUITE 202
- **CITY:** LINCOLN
- **STATE:** MA
- **ZIP:** 01773

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** QUANTITATIVE GROUP OF FUNDS
- **DATE OF NAME CHANGE:** 19940127

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** U S BOSTON INVESTMENT CO
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Pear Tree Polaris Small Cap Fund (Series ID: S000009493)

---

|  |  |  |
|:---|:---|:---|
| Class Name           | Ticker Symbol | Class ID   |
| Ordinary Shares      | USBNX         | C000025972 |
| Institutional Shares | QBNAX         | C000025973 |
| R6 Shares            | QBNRX         | C000177799 |

---

## Series and Classes Contracts Data

### Pear Tree Polaris Small Cap Fund (Series ID: S000009493)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000025972 | Ordinary Shares      | USBNX           |
| C000025973 | Institutional Shares | QBNAX           |
| C000177799 | R6 Shares            | QBNRX           |

?xml version='1.0' encoding='ASCII'?

Securities Act File No. 333-102055

1940 Act File No. 811-03790

Filed pursuant to Securities Act Rule 497(d) (Prospectus)

Filed pursuant to Securities Act Rule 497(k) (Summary Prospectus)

**PEAR TREE FUNDS**

**Supplement**

**to**

**Summary Prospectus of Pear Tree Polaris Small Cap Fund dated August 1, 2025**

**Prospectus of Pear Tree Funds dated August 1, 2025**

**PEAR TREE POLARIS SMALL CAP FUND**

Ordinary Shares (Ticker Symbol: USBNX)

Institutional Shares (Ticker Symbol: QBNAX)

R6 Shares (Ticker Symbol: QBNRX)

**August 28, 2025**

**This Supplement amends as of August 28, 2025 each of the current Summary Prospectus of Pear Tree Polaris Small Cap Fund ("<u>Small Cap Fund</u>") dated August 1, 2025, and the current Prospectus of Pear Tree Funds dated August 1, 2025 with respect to Small Cap Fund.**

\*&nbsp;&nbsp;&nbsp;&nbsp; \*&nbsp;&nbsp;&nbsp;&nbsp; \*

**1.&nbsp;&nbsp;&nbsp;&nbsp; The following information amends and restates as of August 1, 2025 the "Fee Table and Expenses of Small Cap Fund".**

**Fee Table and Expenses of Small Cap Fund**

**Annual Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment)

---

| | | | |
|:---|:---|:---|:---|
|  | **Ordinary <br> Shares** | **Institutional <br> Shares** | **R6 Shares** |
| Management Fees | 0.80% | 0.80% | 0.80% |
| Distribution (12b-1) Fees | 0.25% |  |  |
| Other Expenses | 0.28% | 0.31% | 0.18% |
| Acquired Fund Fees and Expenses | 0.09% | 0.09% | 0.09% |
| **Total Annual Fund Operating Expenses** | 1.42% | 1.20% | 1.07% |
| Fee Waiver and/or Expense Reimbursement |  | 0.12%<sup>(1)(2)</sup> | 0.02%<sup>(2)</sup> |
| **Total Annual Fund Operating Expenses after Fee Waiver and/or Expense Reimbursement** |  | **1.08**<br><sup>(1)(2)</sup> | **1.05%**<br><sup>(2)</sup> |

---

(1) The Manager, in its capacity as transfer agent to Pear Tree Funds, has contractually agreed until July 31, 2026 to waive such portion of the fees that it would otherwise receive for serving as transfer agent under its agreement with Pear Tree Funds such that the aggregate transfer agent fee with respect to Institutional Shares would be calculated using an annual rate of 0.04 percent of Small Cap Fund's net assets attributable to Institutional Shares. This fee waiver only may be terminated with the approval of the Trustees. This fee waiver does not apply to Ordinary Shares and R6 Shares. The Manager does not have a right to recoup from Small Cap Fund amounts that it has waived under that agreement.

(2) The Manager has contractually agreed until July 31, 2026 to reimburse such portion of the expenses of Small Cap Fund attributable to each of Institutional Shares and R6 Shares such that "Total Annual Fund Operating Expenses after Fee Waiver and/or Expense Reimbursement" with respect to each of Institutional Shares and R6 Shares, other than extraordinary expenses, is not greater than 0.99 percent of Small Cap Fund's net assets attributable to Institutional Shares, and 0.96 percent of Small Cap Fund's net assets attributable to R6 Shares, respectively. The aggregate expenses of Small Cap Fund with respect to Ordinary Shares remain unchanged. This fee waiver only may be terminated with the approval of the Trustees. The Manager does not have a right to recoup from Small Cap Fund amounts that it has waived or reimbursed under that agreement.

**Example**

This example is intended to help you compare the cost of investing in Small Cap Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in Small Cap Fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5 percent return each year and that Small Cap Fund's operating expenses remain the same as set forth in the table above. The example also assumes that the fee waiver agreement currently in effect expires July 31, 2026; therefore, amounts for 3-, 5- and 10-year periods do not include any adjustment to reflect any fee waivers or expense reimbursements. Only Institutional Shares are subject to fee waiver or expense reimbursement. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>1 year</u>** | **<u>3 years</u>** | **<u>5 years</u>** | **<u>10 years</u>** |
| Ordinary Shares | $145 | $449 | $776 | $1702 |
| Institutional Shares | $110 | $369 | $648 | $1444 |
| R6 Shares | $107 | $338 | $588 | $1304 |

---

\*&nbsp;&nbsp;&nbsp;&nbsp; \*&nbsp;&nbsp;&nbsp;&nbsp; \*

The rest of the Summary Prospectus and Prospectus remains unchanged.

\*&nbsp;&nbsp;&nbsp;&nbsp; \*&nbsp;&nbsp;&nbsp;&nbsp; \*

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE