Post-effective Amendment (investment Company, Rule 485(b)) (485bpos)

Securities Act Registration No. 333 -20635

Investment Company Act Registration No. 811 -08037

FORM N-1A

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

Pre-Effective Amendment No.___

o

Post-Effective Amendment No. 73

x

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY

ACT OF 1940

Amendment No.    74

x

ADVISORONE FUNDS

17605 Wright Street

Omaha, NE 68130

[phone]

 Brian Nielsen, Secretary

Copies to:

James Ash, Esq.	JoAnn Strasser,Esq.
Senior Vice President	Thompson Hine LLP
Gemini Fund Services, LLC	41 South High Street, 17 th Floor
80 Arkay Drive	Columbus, Ohio 43215
Hauppauge, New York 11788-0132

It is proposed that this filing will become effective:

   

[X]	immediately upon filing pursuant to Rule 485, paragraph (b)
[ ]	on _______________ pursuant to Rule 485, paragraph (b)
[  ]	60 days after filing pursuant to Rule 485, paragraph (a) (i)
[   ]	on [date] pursuant to Rule 485, paragraph (a) (i)
[   ]	75 days after filing pursuant to Rule 485, paragraph (a) (ii)
[  ]	pursuant to Rule 485, paragraph (a) (ii)
[  ]	this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

  

If appropriate, check the following box:

o  This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

This filing relates solely to the Milestone Treasury Obligations Fund and Horizon Active Asset Allocation Fund, each a series of the AdvisorOne Funds

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statemnt under Rule 485(b) and has duly caused this Post-Effective Amendment No. 73 to the Registration Statement on Form N-1A to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Omaha, State of Nebraska, on the 5th day of April,  2013.

ADVISORONE FUNDS

(Registrant)

By: /s Ryan Beach

 

Ryan Beach,   President

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

By:

***

Todd  Clarke

Interested Trustee

April 5, 2013

              ***

-------------------------------

Eric Clarke

Interested Trustee

 April 5, 2013

*

--------------------------

Larry A. Carter

Trustee    

April 5, 2013

*

--------------------------

John W. Davidson

Trustee

April 5, 2013

*

--------------------------

 Edward D. Foy

Trustee

April 5, 2013

*

--------------------------

Gary Lanzen

Trustee

April 5, 2013

*

---------------------------

Anthony J. Hertl

Trustee

April 5, 2013

            **

----------------------------

Principal Financial Officer & Treasurer

April 5, 2013

Dawn Borelli

    

          ***                

 /s/ Ryan Beach

Ryan Beach

Pricipal Executive Officer                                                   April 5, 2013

By /s/ Brian Nielsen

Brian Nielsen

(*)(**)(***)Attorney-in-Fact

              April 5, 2013

* Pursuant to Powers of Attorney previously filed in Post-Effective Amendment No. 62 on March 15, 2012 are incorporated herein by reference.

** Pursuant to Powers of Attorney previously filed in Post-Effective Amendment No. 65 on August 28, 2012 are incorporated herein by reference

***Pursuant to Powers of Attorney previously filed in Post-Effective Amendment No. 68 on December 26, 2012  are incorporated herein by reference.

Index No.		Description of Exhibit
EX-101.INS		XBRL Instance Document
EX-101.SCH		XBRL Taxonomy Extension Schema Document
EX-101.DEF		XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB		XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE		XBRL Taxonomy Extension Presentation Linkbase