Vanguard Morgan Growth

Fund Overview as of 03/31/2010

Management Company

Vanguard

Vanguard Index Funds

PO Box 2600

Valley Forge, PA 19482

800-997-2798

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

VMRGX

Frontier Capital Management Company, LLC

$3,000.00

$16.05

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

3 Yr(s)

12/31/1968

US Equity

5,762.3 Million

334

87%

Expense Ratio 0.48%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

6.43 5.11 5.11 49.67 -2.79 3.27 -1.03 9.87Fund Total Return

5.78 4.65 4.65 49.75 -0.78 3.42 -4.21 n/aBenchmark

Vanguard Morgan Growth Russell 1000 Growth

Fund Performance Analysis as of 03/31/2010

-10%

0%

10%

20%

30%

40%

50%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-997-2798.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell 1000 Growth

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-1.65 1.06 0.99 23.99

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Vanguard Morgan Growth -24.467.06 4.08 -1.59 -11.11 2.65 -15.03 -4.42 15.56 14.74 7.39 5.11

Russell 1000 Growth -22.796.86 4.21 -0.77 -10.18 1.25 -12.33 -4.12 16.32 13.97 7.94 4.65

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

2K

4K

6K

8K

10K

12K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

Vanguard Morgan Growth

$9,012.42

Russell 1000 Growth

$6,504.14

Asset Allocation as of 12/31/2009

97.52%

2.36%

0.13%

Equity

Cash

Fixed

Sectors By Percent** as of 12/31/2009

Information Technology

Consumer Discretionary

Healthcare

Industrials

Energy

Financials

Consumer Staples

Materials

Telecommunications

Utilities

42.00%

13.44%

12.04%

10.22%

7.35%

6.03%

4.09%

3.62%

0.94%

0.27%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 07/31/2009

Holding Name Percent of TNA

Cisco Systems, Inc. 3.24%

Microsoft Corporation 3.07%

CMT Market Liquidity Rate 2.65%

Apple, Inc. 2.58%

International Business Machines Corp 2.38%

Oracle Corporation 2.18%

Google, Inc. 1.99%

Qualcomm, Inc. 1.89%

NetApp, Inc. 1.53%

Intel Corporation 1.39%

Percent of Assets in Top Holdings 22.90%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-997-2798. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Lord Abbett Bond-Debenture R3

Fund Overview as of 03/31/2010

Management Company

Lord Abbett

90 Hudson Street

Jersey City, NJ 07302

888-522-2388

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

LBNRX

None

$0.00

$7.50

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Towle

16 Yr(s)

09/28/2007

US Fixed Income

24.5 Million

538

42%

Expense Ratio 1.14%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

2.80 3.67 3.67 36.79 n/a n/a n/a 4.27Fund Total Return

3.13 4.62 4.62 56.18 6.65 7.78 7.45 n/aBenchmark

Lord Abbett Bond-Debenture R3 Barclays US Corporate High Yield

Fund Performance Analysis as of 03/31/2010

0%

10%

20%

30%

40%

50%

60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 888-522-2388.

Risk Analysis (3 Year) Statistics measured against the fund's broad based index: Barclays US Corporate High Yield

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Lord Abbett Bond-Debenture R3 -12.34-0.42 -2.96 1.52 -7.96 2.55 12.73 11.35 5.12 3.67

Barclays US Corporate High Yield -17.88-1.30 -3.02 1.76 -8.89 5.98 23.07 14.22 6.19 4.62

4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

3Q09

Growth of $10,000 Investment as of 03/31/2010

0K2K4K6K8K

10K12K14K

3Q07

3Q08

3Q09

Lord Abbett Bond-Debenture R3

$11,102.13

Barclays US Corporate High Yield

$12,064.39

Asset Allocation as of 12/31/2009

79.14%

13.27%

5.37%

2.21%

Fixed

Other

Equity

Cash

Top 10 Holdings as of 12/31/2009

Holding Name Percent of TNA

Cincinnati Bell 8.375% 0.69%

Ford Motor Credit 7.25% 0.68%

Texas Competitive Elec Hldgs 10.25% 0.67%

Albritton Comms 7.75% 0.67%

Gmac 144A 7.25% 0.62%

Teck Resources 10.75% 0.59%

Dow Chem 8.55% 0.58%

Crown Cork & Seal 7.375% 0.54%

Edison Mission Engy 7.75% 0.53%

Cc Hldgs Gs V Llc/ Crown Cast 144A 7.75% 0.52%

Percent of Assets in Top Holdings 6.09%

Quality Analysis as of 12/31/2009

AAA Bonds

AA Bonds

A Bonds

BBB Bonds

BB Bonds

B Bonds

Below B Bonds

Not Rated Bonds

0.84%

1.06%

4.17%

17.61%

28.63%

31.07%

9.28%

7.35%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 888-522-2388. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

T. Rowe Price Blue Chip Growth

Fund Overview as of 03/31/2010

Management Company

T. Rowe Price

100 East Pratt Street

Baltimore, MD 21202

800-638-5660

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

TRBCX

None

$2,500.00

$34.18

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Puglia

17 Yr(s)

06/30/1993

US Equity

9,210.3 Million

127

60%

Expense Ratio 0.80%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

6.95 4.30 4.30 49.94 -1.32 3.40 -0.57 8.66Fund Total Return

5.78 4.65 4.65 49.75 -0.78 3.42 -4.21 n/aBenchmark

T. Rowe Price Blue Chip Growth Russell 1000 Growth

Fund Performance Analysis as of 03/31/2010

-10%

0%

10%

20%

30%

40%

50%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-638-5660.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell 1000 Growth

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-0.05 1.08 0.99 24.50

Quarterly Performance Analysis (3 Year) as of 03/31/2010

T. Rowe Price Blue Chip Growth -24.918.48 5.55 -1.65 -12.28 1.64 -14.30 -0.83 17.44 13.66 7.70 4.30

Russell 1000 Growth -22.796.86 4.21 -0.77 -10.18 1.25 -12.33 -4.12 16.32 13.97 7.94 4.65

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

2K

4K

6K

8K

10K

12K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

T. Rowe Price Blue Chip Growth

$9,448.78

Russell 1000 Growth

$6,504.14

Asset Allocation as of 12/31/2009

99.18%

0.81%

Equity

Cash

Sectors By Percent** as of 12/31/2009

Information Technology

Consumer Discretionary

Financials

Healthcare

Industrials

Energy

Consumer Staples

Materials

Telecommunications

33.13%

17.37%

14.70%

13.81%

7.35%

6.96%

2.82%

2.03%

1.83%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

Apple, Inc. 5.14%

Amazon.com, Inc. 4.10%

Google, Inc. 3.79%

Microsoft Corporation 2.87%

Danaher Corporation 2.67%

Goldman Sachs Group, Inc. 2.52%

Qualcomm, Inc. 2.42%

State Street Corporation 2.20%

Gilead Sciences, Inc. 2.13%

Schlumberger, Ltd. 2.10%

Percent of Assets in Top Holdings 29.94%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-638-5660. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Vanguard 500 Index Investor

Fund Overview as of 03/31/2010

Management Company

Vanguard

Vanguard Index Funds

PO Box 2600

Valley Forge, PA 19482

800-997-2798

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

VFINX

None

$3,000.00

$107.73

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Buek

5 Yr(s)

08/31/1976

US Equity

50,594.1 Million

510

12%

Expense Ratio 0.18%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

6.01 5.35 5.35 49.73 -4.20 1.84 -0.73 10.58Fund Total Return

6.03 5.39 5.39 49.77 -4.17 1.92 -0.65 n/aBenchmark

Vanguard 500 Index Investor S&P 500

Fund Performance Analysis as of 03/31/2010

-10%

0%

10%

20%

30%

40%

50%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-997-2798.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: S&P 500

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-0.04 1.00 1.00 22.44

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Vanguard 500 Index Investor -21.946.24 2.03 -3.36 -9.47 -2.75 -8.36 -11.01 15.97 15.59 6.03 5.35

S&P 500 -21.946.28 2.03 -3.33 -9.45 -2.73 -8.37 -11.01 15.93 15.61 6.04 5.39

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

2K

4K

6K

8K

10K

12K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

Vanguard 500 Index Investor

$9,290.15

S&P 500

$9,365.28

Asset Allocation as of 12/31/2009

99.91%

0.05%

0.05%

Equity

Fixed

Cash

Sectors By Percent** as of 12/31/2009

Information Technology

Financials

Healthcare

Energy

Consumer Staples

Industrials

Consumer Discretionary

Utilities

Materials

Telecommunications

19.85%

14.38%

12.63%

11.48%

11.36%

10.24%

9.59%

3.70%

3.59%

3.16%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 07/31/2009

Holding Name Percent of TNA

ExxonMobil Corporation 3.92%

Microsoft Corporation 2.06%

Johnson & Johnson 1.92%

Procter & Gamble Company 1.85%

International Business Machines Corp 1.78%

AT&T, Inc. 1.77%

J.P. Morgan Chase & Co. 1.72%

Apple, Inc. 1.67%

General Electric Company 1.62%

Chevron Corporation 1.59%

Percent of Assets in Top Holdings 19.90%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-997-2798. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

American Funds Fundamental Invs R2

Fund Overview as of 03/31/2010

Management Company

American Funds

Bond Fund of America Inc

333 South Hope Street

Los Angeles, CA 90071-1406

800-421-0180

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RFNBX

None

$0.00

$33.89

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

13 Yr(s)

05/21/2002

US Equity

549.2 Million

253

30%

Expense Ratio 1.52%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

6.12 4.11 4.11 48.02 -3.21 4.13 n/a 5.14Fund Total Return

6.03 5.39 5.39 49.77 -4.17 1.92 -0.65 n/aBenchmark

American Funds Fundamental Invs R2 S&P 500

Fund Performance Analysis as of 03/31/2010

-10%

0%

10%

20%

30%

40%

50%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-421-0180.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: S&P 500

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 1.37 1.02 0.94 23.62

Quarterly Performance Analysis (3 Year) as of 03/31/2010

American Funds Fundamental Invs R2 -23.498.26 2.98 -1.21 -7.99 0.29 -15.28 -7.00 16.89 14.87 5.89 4.11

S&P 500 -21.946.28 2.03 -3.33 -9.45 -2.73 -8.37 -11.01 15.93 15.61 6.04 5.39

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

2Q02

2Q03

2Q04

2Q05

2Q06

2Q07

2Q08

2Q09

American Funds Fundamental Invs R2

$15,779.64

S&P 500

$13,771.39

Asset Allocation as of 12/31/2009

95.22%

3.34%

1.44%

Equity

Cash

Fixed

Sectors By Percent** as of 12/31/2009

Information Technology

Energy

Healthcare

Industrials

Financials

Materials

Consumer Discretionary

Consumer Staples

Utilities

Telecommunications

18.57%

13.77%

13.27%

12.01%

10.48%

9.61%

8.52%

5.73%

4.86%

3.18%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 09/30/2009

Holding Name Percent of TNA

Suncor Energy, Inc. 3.74%

Microsoft Corporation 2.44%

Merck & Co., Inc. 2.29%

J.P. Morgan Chase & Co. 2.17%

Oracle Corporation 2.02%

McDonald's Corporation 1.67%

Roche Holding AG 1.56%

Coca-Cola Company 1.56%

Cisco Systems, Inc. 1.47%

Yahoo, Inc. 1.45%

Percent of Assets in Top Holdings 20.37%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-421-0180. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Davis NY Venture A

Fund Overview as of 03/31/2010

Management Company

Davis Selected Advisers LP

Davis Series Inc

2949 E. Elvira Road,Suite 101

Tucson, AZ 85756

800-279-0279

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

NYVTX

Davis Selected Advisers (New York) Inc.

$1,000.00

$32.19

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

13 Yr(s)

02/17/1969

US Equity

20,473.1 Million

99

15%

Expense Ratio 0.92%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

5.20 3.91 3.91 56.12 -5.06 1.93 1.86 12.05Fund Total Return

6.03 5.39 5.39 49.77 -4.17 1.92 -0.65 n/aBenchmark

Davis NY Venture A S&P 500

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-279-0279.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: S&P 500

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 0.13 1.12 0.98 25.24

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Davis NY Venture A -24.526.48 -0.31 -2.05 -9.20 -2.86 -9.92 -12.11 21.05 16.35 6.68 3.91

S&P 500 -21.946.28 2.03 -3.33 -9.45 -2.73 -8.37 -11.01 15.93 15.61 6.04 5.39

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K2K4K6K8K

10K12K14K16K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

Davis NY Venture A

$12,022.38

S&P 500

$9,365.28

Asset Allocation as of 01/31/2010

95.86%

2.49%

1.09%

0.55%

Equity

Cash

Fixed

Other

Sectors By Percent** as of 01/31/2010

Financials

Energy

Consumer Staples

Healthcare

Information Technology

Consumer Discretionary

Industrials

Materials

Utilities

30.76%

14.76%

13.55%

10.75%

8.59%

8.15%

6.88%

6.21%

0.35%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 07/31/2009

Holding Name Percent of TNA

Berkshire Hathaway Inc. A 3.96%

Wells Fargo Company 3.77%

Costco Wholesale Corporation 3.34%

Occidental Petroleum Corporation 3.19%

American Express Company 3.10%

J.P. Morgan Chase & Co. 2.94%

EOG Resources 2.81%

Devon Energy Corporation 2.77%

Bank of New York Mellon Corporation 2.49%

Canadian Natural Resources, Ltd. 2.29%

Percent of Assets in Top Holdings 30.66%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-279-0279. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

American Funds American Hi Inc Tr R2

Fund Overview as of 03/31/2010

Management Company

American Funds

Bond Fund of America Inc

333 South Hope Street

Los Angeles, CA 90071-1406

800-421-0180

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RITBX

None

$0.00

$10.95

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

16 Yr(s)

06/18/2002

US Fixed Income

186.3 Million

808

43%

Expense Ratio 1.79%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

3.15 4.63 4.63 50.82 2.96 5.38 n/a 8.30Fund Total Return

3.13 4.62 4.62 56.18 6.65 7.78 7.45 n/aBenchmark

American Funds American Hi Inc Tr R2 Barclays US Corporate High Yield

Fund Performance Analysis as of 03/31/2010

0%

10%

20%

30%

40%

50%

60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-421-0180.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Barclays US Corporate High Yield

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-3.35 0.96 0.98 20.19

Quarterly Performance Analysis (3 Year) as of 03/31/2010

American Funds American Hi Inc Tr R2 -19.220.77 -0.49 -1.80 -4.10 2.42 -9.37 2.19 19.85 14.42 5.12 4.63

Barclays US Corporate High Yield -17.880.22 0.33 -1.30 -3.02 1.76 -8.89 5.98 23.07 14.22 6.19 4.62

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

24K

2Q02

2Q03

2Q04

2Q05

2Q06

2Q07

2Q08

2Q09

American Funds American Hi Inc Tr R2

$18,552.22

Barclays US Corporate High Yield

$21,246.56

Asset Allocation as of 12/31/2009

84.75%

6.86%

6.47%

1.91%

Fixed

Other

Cash

Equity

Top 10 Holdings as of 12/31/2009

Holding Name Percent of TNA

Tenet Healthcare 144A 8.875% 1.04%

Cricket Comms 9.375% 0.92%

Univision/Umbrella Acquisitio 144A 9.75% 0.91%

Nextel Comms 5.95% 0.91%

Nielsen Fin Llc/ Nielsen Fin 0.90%

Cricket Comms 7.75% 0.85%

Vwr Fdg 10.25% 0.82%

Freescale Semicon 8.875% 0.75%

Virgin Media Fin 9.5% 0.71%

Univision Tl-B 1st Lien (L+225) 2.50063% 9-2 0.70%

Percent of Assets in Top Holdings 8.51%

Quality Analysis as of 12/31/2009

AAA Bonds

AA Bonds

A Bonds

BBB Bonds

BB Bonds

B Bonds

Below B Bonds

8.04%

0.06%

1.82%

11.29%

21.65%

37.31%

19.83%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-421-0180. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Dodge & Cox Income

Fund Overview as of 03/31/2010

Management Company

Dodge & Cox Funds

Dodge & Cox Funds

40 Th Floor

San Francisco, CA 94104

800-621-3979

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

DODIX

None

$2,500.00

$13.09

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

15 Yr(s)

01/03/1989

US Fixed Income

20,653.4 Million

519

20%

Expense Ratio 0.43%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

0.92 2.24 2.24 18.35 6.88 5.97 6.82 7.75Fund Total Return

-0.12 1.78 1.78 7.69 6.14 5.44 6.29 n/aBenchmark

Dodge & Cox Income Barclays Aggregate

Fund Performance Analysis as of 03/31/2010

-4%

0%

4%

8%

12%

16%

20%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-621-3979.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Barclays Aggregate

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 0.12 1.17 0.39 5.88

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Dodge & Cox Income -3.77-0.23 2.10 1.32 0.56 -0.32 3.37 0.26 7.48 5.84 1.76 2.24

Barclays Aggregate -1.02-0.52 2.84 3.00 2.17 -0.49 4.58 0.12 1.78 3.74 0.20 1.78

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

Dodge & Cox Income

$19,347.97

Barclays Aggregate

$18,400.18

Asset Allocation as of 12/31/2009

91.06%

6.96%

1.41%

0.58%

Fixed

Cash

Other

Equity

Top 10 Holdings as of 12/31/2009

Holding Name Percent of TNA

FNMA 7% 3.98%

Fannie Mae 3.10%

FNMA 5.5% 2.82%

Gmac 144A 6.875% 1.87%

Ford Motor Credit 7.375% 1.71%

FNMA 6% 1.69%

FHLMC 6.5% 1.46%

FHLMC 6% 1.38%

Aol Time Warner 7.625% 1.23%

Ford Motor Credit 7.25% 1.14%

Percent of Assets in Top Holdings 20.38%

Quality Analysis as of 12/31/2009

AAA Bonds

AA Bonds

A Bonds

BBB Bonds

BB Bonds

B Bonds

Below B Bonds

58.50%

1.40%

16.80%

12.30%

3.30%

3.70%

4.00%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-621-3979. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

American Funds EuroPacific Gr R2

Fund Overview as of 03/31/2010

Management Company

American Funds

Bond Fund of America Inc

333 South Hope Street

Los Angeles, CA 90071-1406

800-421-0180

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RERBX

None

$0.00

$37.56

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

11 Yr(s)

05/31/2002

International Equity

1,212.8 Million

394

41%

Expense Ratio 1.68%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

6.77 0.54 0.54 51.02 -2.07 7.02 n/a 8.19Fund Total Return

5.84 0.97 0.97 54.61 -7.02 3.85 1.51 n/aBenchmark

American Funds EuroPacific Gr R2 Russell Developed Large Cap Growth ex

N.A.

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-421-0180.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell Developed Large Cap Growth ex N.A.

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 4.33 0.93 0.98 25.67

Quarterly Performance Analysis (3 Year) as of 03/31/2010

American Funds EuroPacific Gr R2 -19.508.20 5.01 1.08 -8.14 -2.52 -18.21 -8.15 22.05 19.30 3.17 0.54

Russell Developed Large Cap Growth ex N.A. -20.786.58 2.01 -1.49 -8.60 -2.66 -20.34 -13.52 23.28 18.76 4.59 0.97

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

24K

2Q02

2Q03

2Q04

2Q05

2Q06

2Q07

2Q08

2Q09

American Funds EuroPacific Gr R2

$19,410.39

Russell Developed Large Cap Growth ex

N.A.

$17,384.90

Asset Allocation as of 12/31/2009

92.65%

5.65%

1.64%

0.05%

Equity

Cash

Fixed

Other

Sectors By Percent** as of 12/31/2009

Financials

Healthcare

Telecommunications

Consumer Staples

Materials

Consumer Discretionary

Energy

Information Technology

Industrials

Utilities

21.92%

12.76%

10.25%

9.93%

9.50%

9.26%

8.52%

8.38%

6.12%

3.35%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

Bayer AG 2.58%

America Movil S.A.B. de C.V. ADR L 2.43%

Roche Holding AG 2.11%

Inbev 1.91%

Novartis 1.76%

Banco Santander SA 1.73%

Telefonica, S.A. 1.73%

Novo Nordisk A/S 1.70%

Gazprom OAO (EDR) 1.59%

Teva Pharmaceutical Industries, Ltd. ADR 1.54%

Percent of Assets in Top Holdings 19.08%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-421-0180. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Yacktman

Fund Overview as of 03/31/2010

Management Company

Yacktman

303 W Madison St

Chicago IL 60606

Chicago, IL 60606

800-525-8258

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

YACKX

None

$2,500.00

$16.12

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

8 Yr(s)

07/06/1992

US Equity

2,005.4 Million

54

14%

Expense Ratio 0.95%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

5.70 5.91 5.91 82.91 8.93 8.49 13.58 10.23Fund Total Return

6.51 6.78 6.78 53.56 -7.33 1.05 3.10 n/aBenchmark

Yacktman Russell 1000 Value

Fund Performance Analysis as of 03/31/2010

-20%

0%

20%

40%

60%

80%

100%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-525-8258.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell 1000 Value

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 17.87 1.03 0.81 27.56

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Yacktman -18.443.62 -0.06 0.03 -5.75 -7.84 4.39 -7.75 34.83 19.02 7.62 5.91

Russell 1000 Value -22.184.93 -0.24 -5.80 -8.72 -5.31 -6.11 -16.77 16.70 18.24 4.22 6.78

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K5K

10K15K20K25K30K35K40K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

Yacktman

$35,722.75

Russell 1000 Value

$13,566.27

Asset Allocation as of 12/31/2009

85.54%

11.48%

2.36%

0.63%

Equity

Cash

Other

Fixed

Sectors By Percent** as of 12/31/2009

Consumer Staples

Consumer Discretionary

Healthcare

Financials

Information Technology

Energy

Industrials

31.66%

28.58%

13.72%

10.03%

9.05%

5.99%

0.97%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

AmeriCredit Corporation 6.29%

Viacom, Inc. B 6.02%

Coca-Cola Company 6.02%

Pfizer Inc. 5.02%

Microsoft Corporation 5.02%

PepsiCo, Inc. 4.92%

News Cl A 4.88%

ConocoPhillips 4.86%

Procter & Gamble Company 4.03%

eBay, Inc. 3.40%

Percent of Assets in Top Holdings 50.46%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-525-8258. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

BlackRock Large Cap Value A

Fund Overview as of 03/31/2010

Management Company

BlackRock

Blackrock Variable Series Funds, Inc.

100 Bellevue Parkway Wilmington DE 19809

Wilmington, DE 19809

800-456-4587

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

MDLVX

BlackRock Investment Management, LLC

$1,000.00

$13.97

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Hanson/Doll Jr

6 Yr(s)

12/22/1999

US Equity

944.6 Million

107

151%

Expense Ratio 1.40%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

5.12 4.80 4.80 38.42 -7.71 0.89 4.76 5.11Fund Total Return

6.51 6.78 6.78 53.56 -7.33 1.05 3.10 n/aBenchmark

BlackRock Large Cap Value A Russell 1000 Value

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-456-4587.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell 1000 Value

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-2.43 0.81 0.93 20.54

Quarterly Performance Analysis (3 Year) as of 03/31/2010

BlackRock Large Cap Value A -18.596.45 -2.03 -2.01 -11.59 -0.37 -10.33 -13.58 11.10 14.24 4.07 4.80

Russell 1000 Value -22.184.93 -0.24 -5.80 -8.72 -5.31 -6.11 -16.77 16.70 18.24 4.22 6.78

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

24K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

BlackRock Large Cap Value A

$15,926.74

Russell 1000 Value

$13,566.27

Asset Allocation as of 12/31/2009

99.99%

0.01%

Equity

Cash

Sectors By Percent** as of 12/31/2009

Energy

Healthcare

Financials

Industrials

Materials

Utilities

Information Technology

Consumer Discretionary

Telecommunications

Consumer Staples

21.20%

18.09%

14.17%

10.21%

8.73%

6.36%

5.79%

5.31%

5.14%

4.99%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 07/31/2009

Holding Name Percent of TNA

ExxonMobil Corporation 3.50%

Verizon Communications Inc. 2.96%

Goldman Sachs Group, Inc. 2.40%

ConocoPhillips 2.34%

Chevron Corporation 2.28%

AT&T, Inc. 1.84%

UnitedHealth Group, Inc. 1.67%

Marathon Oil Corporation 1.56%

WellPoint, Inc. 1.55%

Anadarko Petroleum Corp. 1.55%

Percent of Assets in Top Holdings 21.65%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-456-4587. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Vanguard Mid Capitalization Index

Fund Overview as of 03/31/2010

Management Company

Vanguard

Vanguard Index Funds

PO Box 2600

Valley Forge, PA 19482

800-997-2798

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

VIMSX

None

$3,000.00

$17.77

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Butler

12 Yr(s)

05/21/1998

US Equity

7,542.6 Million

461

21%

Expense Ratio 0.27%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

7.06 8.63 8.63 66.43 -3.49 4.08 5.72 8.14Fund Total Return

7.07 8.67 8.67 67.71 -3.30 4.20 4.85 n/aBenchmark

Vanguard Mid Capitalization Index Russell Midcap

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%70%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-997-2798.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell Midcap

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-0.36 0.98 0.99 27.25

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Vanguard Mid Capitalization Index -25.636.05 -0.91 -3.47 -10.51 2.92 -15.06 -8.48 18.35 21.53 6.52 8.63

Russell Midcap -27.275.30 -0.39 -3.55 -9.98 2.67 -12.91 -8.98 20.80 20.62 5.92 8.67

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

24K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

Vanguard Mid Capitalization Index

$17,442.94

Russell Midcap

$16,050.78

Asset Allocation as of 12/31/2009

99.74%

0.25%

0.01%

Equity

Cash

Fixed

Sectors By Percent** as of 12/31/2009

Financials

Information Technology

Consumer Discretionary

Industrials

Healthcare

Energy

Materials

Utilities

Consumer Staples

Telecommunications

17.38%

16.92%

14.63%

12.43%

11.04%

8.08%

6.89%

6.67%

4.60%

1.35%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

Bunge, Ltd. 0.53%

Fiserv, Inc. 0.53%

Life Technologies Corp 0.52%

IntercontinentalExchange, Inc. 0.51%

Computer Sciences Corporation 0.49%

Rockwell Collins, Inc. 0.48%

Range Resources Corporation 0.47%

El Paso Corporation 0.47%

McAfee, Inc. 0.47%

Intuitive Surgical, Inc. 0.46%

Percent of Assets in Top Holdings 4.93%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-997-2798. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Munder Mid-Cap Core Growth Y

Fund Overview as of 03/31/2010

Management Company

Munder Funds

Munder Funds

480 Pierce Street

Birmingham, MI 48009

800-438-5789

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

MGOYX

None

$1,000,000.00

$24.26

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

4 Yr(s)

06/24/1998

US Equity

2,248.9 Million

97

65%

Expense Ratio 1.12%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

5.11 6.97 6.97 52.55 -2.62 4.29 6.44 9.24Fund Total Return

6.84 7.67 7.67 63.00 -2.04 4.27 -1.69 n/aBenchmark

Munder Mid-Cap Core Growth Y Russell Midcap Growth

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%70%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-438-5789.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell Midcap Growth

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-1.13 0.91 0.97 25.74

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Munder Mid-Cap Core Growth Y -25.2611.42 3.28 -0.10 -11.33 1.67 -16.08 -6.88 15.98 16.48 5.57 6.97

Russell Midcap Growth -27.366.74 2.15 -1.70 -10.95 4.65 -17.75 -3.36 20.67 17.58 6.69 7.67

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

24K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

Munder Mid-Cap Core Growth Y

$18,666.23

Russell Midcap Growth

$8,436.30

Asset Allocation as of 01/31/2010

100.40%

-0.40%

Equity

Cash

Sectors By Percent** as of 01/31/2010

Financials

Information Technology

Consumer Discretionary

Industrials

Healthcare

Energy

Utilities

Consumer Staples

Materials

Telecommunications

17.86%

15.85%

15.44%

13.42%

11.82%

7.19%

6.61%

4.72%

4.67%

2.42%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 08/31/2009

Holding Name Percent of TNA

Cognizant Technology Solutions Corporation 2.28%

Annaly Capital Management, Inc. 2.21%

TD Ameritrade Holding Corporation 2.11%

LKQ Corporation 1.95%

McAfee, Inc. 1.89%

Airgas, Inc. 1.74%

Cree, Inc. 1.74%

Axis Capital Holdings, Ltd. 1.64%

Ritchie Bros. Auctioneers, Inc. 1.64%

EQT Corp. 1.61%

Percent of Assets in Top Holdings 18.81%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-438-5789. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Goldman Sachs Mid Cap Value IR

Fund Overview as of 03/31/2010

Management Company

Goldman Sachs

Goldman Sachs Trust

New York, NY 100384925

800-621-2550

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

GCMTX

None

$0.00

$31.24

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

5 Yr(s)

11/30/2007

US Equity

1.3 Million

124

104%

Expense Ratio 0.94%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

7.24 8.66 8.66 59.29 n/a n/a n/a -3.21Fund Total Return

7.28 9.61 9.61 72.41 -5.23 3.71 8.46 n/aBenchmark

Goldman Sachs Mid Cap Value IR Russell Midcap Value

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%70%80%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-621-2550.

Risk Analysis (3 Year) Statistics measured against the fund's broad based index: Russell Midcap Value

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Goldman Sachs Mid Cap Value IR -23.77-7.87 4.60 -13.68 -9.31 15.95 19.52 5.78 8.66

Russell Midcap Value -27.19-8.64 0.07 -7.52 -14.68 20.94 23.62 5.21 9.61

1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

4Q09

Growth of $10,000 Investment as of 03/31/2010

0K

2K

4K

6K

8K

10K

4Q07

4Q08

4Q09

Goldman Sachs Mid Cap Value IR

$9,160.76

Russell Midcap Value

$9,055.33

Asset Allocation as of 12/31/2009

96.76%

3.21%

0.03%

Equity

Cash

Other

Sectors By Percent** as of 12/31/2009

Financials

Consumer Discretionary

Energy

Industrials

Materials

Utilities

Information Technology

Healthcare

Consumer Staples

Telecommunications

28.51%

13.56%

12.18%

9.32%

9.14%

8.83%

7.74%

5.21%

2.93%

2.58%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

PPL Corporation 2.44%

Invesco Ltd ADR 2.41%

Newfield Exploration Company 2.23%

Range Resources Corporation 2.09%

W.R. Berkley Corporation 2.04%

Entergy Corporation 2.01%

Activision Blizzard, Inc. 1.95%

Republic Services, Inc. A 1.89%

H & R Block, Inc. 1.83%

DISH Network Corporation Class A 1.65%

Percent of Assets in Top Holdings 20.54%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-621-2550. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

American Funds New World R2

Fund Overview as of 03/31/2010

Management Company

American Funds

Bond Fund of America Inc

333 South Hope Street

Los Angeles, CA 90071-1406

800-421-0180

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RNWBX

None

$0.00

$47.52

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

7 Yr(s)

06/07/2002

Emerging Markets Equity

299.2 Million

397

36%

Expense Ratio 2.03%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

6.88 3.15 3.15 61.04 1.95 11.68 n/a 13.98Fund Total Return

8.44 2.86 2.86 82.41 4.40 15.00 7.73 n/aBenchmark

American Funds New World R2 Russell Emerging Markets Large Cap

Fund Performance Analysis as of 03/31/2010

0%

20%

40%

60%

80%

100%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-421-0180.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell Emerging Markets Large Cap

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-2.87 0.79 0.98 30.21

Quarterly Performance Analysis (3 Year) as of 03/31/2010

American Funds New World R2 -26.7911.37 8.08 6.29 -8.13 0.71 -21.46 -3.32 26.94 16.95 5.17 3.15

Russell Emerging Markets Large Cap -29.7515.14 14.84 4.85 -11.72 -1.03 -27.16 0.65 35.61 21.14 7.95 2.86

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K5K

10K15K20K25K30K35K40K45K

2Q02

2Q03

2Q04

2Q05

2Q06

2Q07

2Q08

2Q09

American Funds New World R2

$27,565.25

Russell Emerging Markets Large Cap

$35,256.05

Asset Allocation as of 12/31/2009

79.09%

11.03%

9.77%

0.11%

Equity

Cash

Fixed

Other

Sectors By Percent** as of 12/31/2009

Financials

Consumer Staples

Telecommunications

Materials

Energy

Information Technology

Healthcare

Industrials

Consumer Discretionary

Utilities

21.84%

15.02%

12.12%

10.25%

9.35%

7.90%

7.61%

6.83%

5.95%

3.13%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

America Movil S.A.B. de C.V. ADR L 2.93%

Teva Pharmaceutical Industries, Ltd. ADR 1.67%

Nestle 1.45%

Gazprom OAO (EDR) 1.25%

Mtn Group Limited 1.25%

Inbev 1.08%

Banco Santander SA 1.07%

Itausa - Investimentos Itau 1.05%

OJSC Pharmstandard 1.01%

PT Bank Rakyat Indonesia (Persero) 0.99%

Percent of Assets in Top Holdings 13.75%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-421-0180. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Russell LifePoints 2040 Strategy R3

Fund Overview as of 03/31/2010

Management Company

Russell

Russell Investment CO

909 A St 11th Floor

Tacoma, WA 98402

800-787-7354

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RXLDX

None

$0.00

$9.52

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Johnson

3 Yr(s)

12/31/2004

Multi Strategy

51.3 Million

8

8%

Expense Ratio 1.34%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

5.90 4.50 4.50 52.68 -4.95 2.12 n/a 1.68Fund Total Return

5.79 4.77 4.77 47.49 -2.71 n/a n/a n/aBenchmark

Russell LifePoints 2040 Strategy R3 S&P Target Date 2040

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-787-7354.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: S&P Target Date 2040

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-1.22 1.14 0.99 24.32

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Russell LifePoints 2040 Strategy R3 -22.605.10 2.69 -2.84 -9.83 -0.95 -12.81 -11.02 19.04 16.97 4.93 4.50

S&P Target Date 2040 -19.125.79 2.33 -2.66 -8.04 -1.77 -9.44 -10.46 16.35 15.62 4.65 4.77

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K2K4K6K8K

10K12K14K

1Q06

1Q07

1Q08

1Q09

1Q10

Russell LifePoints 2040 Strategy R3

$9,678.98

S&P Target Date 2040

$10,411.84

Asset Allocation as of 12/31/2009

87.39%

8.17%

4.21%

0.23%

Equity

Fixed

Cash

Other

Sectors By Percent** as of 12/31/2009

Non ConvertibleFinancials

Information TechnologyOther

Consumer DiscretionaryHealthcareIndustrials

EnergyConsumer Staples

MaterialsTelecommunications

UtilitiesTax Free

Convertible

60.17%23.89%

16.47%15.67%

10.68%9.96%9.96%9.08%8.68%

5.47%3.29%2.52%

0.48%0.24%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 12/31/2009

Holding Name Percent of TNA

Russell US Core Equity Y 22.93%

Russell US Quantitative Equity Y 22.88%

Russell International Developed Mkts Y 19.97%

Russell Strategic Bond Y 9.95%

Russell US Small & Mid Cap Y 6.63%

Russell Real Estate Secs Y 6.59%

Russell Global Equity Y 6.48%

Russell Emerging Markets Y 4.55%

Percent of Assets in Top Holdings 99.98%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-787-7354. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Dodge & Cox International Stock

Fund Overview as of 03/31/2010

Management Company

Dodge & Cox Funds

Dodge & Cox Funds

40 Th Floor

San Francisco, CA 94104

800-621-3979

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

DODFX

None

$2,500.00

$33.03

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

7 Yr(s)

05/01/2001

International Equity

38,943.4 Million

98

21%

Expense Ratio 0.64%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

8.58 3.70 3.70 75.71 -4.64 5.98 n/a 9.14Fund Total Return

6.37 1.00 1.00 56.17 -6.70 4.06 1.61 n/aBenchmark

Dodge & Cox International Stock Russell Developed Large Cap ex N.A.

Fund Performance Analysis as of 03/31/2010

-20%

0%

20%

40%

60%

80%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-621-3979.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell Developed Large Cap ex N.A.

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 4.37 1.16 0.98 33.45

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Dodge & Cox International Stock -26.056.61 0.43 -0.65 -10.78 -0.85 -18.50 -12.97 33.37 24.39 2.13 3.70

Russell Developed Large Cap ex N.A. -20.786.58 2.01 -1.49 -8.60 -2.66 -20.34 -13.52 25.88 20.14 2.25 1.00

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K4K8K

12K16K20K24K28K

2Q01

2Q02

2Q03

2Q04

2Q05

2Q06

2Q07

2Q08

2Q09

Dodge & Cox International Stock

$22,385.71

Russell Developed Large Cap ex N.A.

$15,844.61

Asset Allocation as of 12/31/2009

98.14%

1.99%

-0.14%

Equity

Cash

Other

Sectors By Percent** as of 12/31/2009

Financials

Consumer Discretionary

Information Technology

Healthcare

Industrials

Materials

Energy

Telecommunications

Consumer Staples

Utilities

22.39%

17.35%

11.88%

11.79%

11.10%

9.42%

8.18%

5.85%

1.63%

0.40%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

Lafarge 3.33%

Naspers 3.32%

Novartis AG ADR 3.04%

Standard Chartered PLC 2.54%

Schneider Electric 2.52%

Schlumberger, Ltd. 2.47%

HSBC Holdings PLC 2.43%

Credit Suisse Grp 2.30%

Standard Bank Group Ltd 2.27%

Nokia Corporation 2.26%

Percent of Assets in Top Holdings 26.48%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-621-3979. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Ivy Small Cap Value I

Fund Overview as of 03/31/2010

Management Company

Ivy Funds

Ivy Funds

6300 Lamar Avenue, P.O. Box 29217

Overland Park, KS 66202

800-532-2783

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

IVVIX

None

$0.00

$15.49

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Miller

2 Yr(s)

04/02/2007

US Equity

1.7 Million

90

101%

Expense Ratio 1.18%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

6.98 9.78 9.78 52.91 n/a n/a n/a -0.54Fund Total Return

8.14 8.85 8.85 62.76 -3.99 3.36 3.68 n/aBenchmark

Ivy Small Cap Value I Russell 2000

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%70%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-532-2783.

Risk Analysis (3 Year) Statistics measured against the fund's broad based index: Russell 2000

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Ivy Small Cap Value I -17.12-4.18 -5.08 -9.03 -0.23 -0.23 -6.98 12.93 16.00 6.33 9.78

Russell 2000 -26.12-3.09 -4.58 -9.90 0.58 -1.11 -14.95 20.69 19.28 3.87 8.85

3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

2Q09

Growth of $10,000 Investment as of 03/31/2010

0K

2K

4K

6K

8K

10K

2Q07

2Q08

2Q09

Ivy Small Cap Value I

$9,709.36

Russell 2000

$8,475.63

Asset Allocation as of 12/31/2009

92.84%

7.16%

Equity

Cash

Sectors By Percent** as of 12/31/2009

Financials

Information Technology

Consumer Discretionary

Industrials

Materials

Utilities

Healthcare

Consumer Staples

Energy

33.64%

21.04%

15.87%

12.57%

7.77%

3.72%

2.61%

2.24%

0.56%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

Toyota Motor Credit Corp 3.06%

Silgan Holdings, Inc. 2.18%

Monro Muffler/Brake, Inc. 1.96%

Regal Entertainment Group, Inc. 1.84%

Southwest Gas Corporation 1.70%

99 Cents Only Stores 1.67%

Corrections Corporation of America 1.66%

BJ's Wholesale Club, Inc. 1.65%

American Campus Communities, Inc. 1.65%

Ruddick Corporation 1.63%

Percent of Assets in Top Holdings 19.00%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-532-2783. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Royce Pennsylvania Mutual Invmt

Fund Overview as of 03/31/2010

Management Company

Royce

745 Fifth Avenue

New York, NY 10151

800-221-4268

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

PENNX

None

$2,000.00

$10.07

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

16 Yr(s)

12/12/1962

US Equity

3,964.3 Million

512

23%

Expense Ratio 0.91%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

6.22 6.56 6.56 64.95 -2.02 4.82 10.13 0.00Fund Total Return

7.64 9.21 9.21 65.71 -3.16 4.05 4.83 n/aBenchmark

Royce Pennsylvania Mutual Invmt Russell 2500

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%70%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-221-4268.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell 2500

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 1.27 1.01 0.99 26.99

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Royce Pennsylvania Mutual Invmt -26.116.35 -2.91 -3.81 -6.28 1.48 -7.19 -11.96 22.91 20.91 4.16 6.56

Russell 2500 -26.254.94 -2.50 -4.32 -9.37 1.39 -6.72 -11.43 20.27 20.06 5.08 9.21

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K4K8K

12K16K20K24K28K32K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

Royce Pennsylvania Mutual Invmt

$26,236.47

Russell 2500

$16,021.13

Asset Allocation as of 12/31/2009

90.55%

5.04%

4.41%

Equity

Other

Cash

Sectors By Percent** as of 12/31/2009

Industrials

Information Technology

Consumer Discretionary

Financials

Healthcare

Energy

Materials

Consumer Staples

Telecommunications

Utilities

20.92%

18.97%

16.65%

15.64%

9.14%

8.37%

7.62%

2.56%

0.10%

0.02%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

State Street Bank & Trust Company 3.94%

Miscellaneous 1.77%

Agnico-Eagle Mines 0.96%

Ensign Energy Services Inc. 0.92%

Federated Investors, Inc. B 0.89%

Oil States International, Inc. 0.82%

Ritchie Bros. Auctioneers, Inc. 0.82%

SEI Investments Company 0.80%

AllianceBernstein Holding L.P. 0.75%

Waddell & Reed Financial, Inc. 0.74%

Percent of Assets in Top Holdings 12.41%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-221-4268. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Vanguard Small Cap Index

Fund Overview as of 03/31/2010

Management Company

Vanguard

Vanguard Index Funds

PO Box 2600

Valley Forge, PA 19482

800-997-2798

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

NAESX

None

$3,000.00

$30.14

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Buek

18 Yr(s)

10/03/1960

US Equity

6,695.0 Million

1757

14%

Expense Ratio 0.28%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

8.08 9.65 9.65 72.54 -2.30 4.49 4.62 0.00Fund Total Return

8.14 8.85 8.85 62.76 -3.99 3.36 3.68 n/aBenchmark

Vanguard Small Cap Index Russell 2000

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%70%80%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-997-2798.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell 2000

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 2.33 1.06 0.99 28.48

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Vanguard Small Cap Index -26.665.48 -2.44 -5.03 -9.17 1.05 -5.02 -13.49 24.09 21.84 4.07 9.65

Russell 2000 -26.124.42 -3.09 -4.58 -9.90 0.58 -1.11 -14.95 20.69 19.28 3.87 8.85

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K2K4K6K8K

10K12K14K16K18K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

Vanguard Small Cap Index

$15,715.96

Russell 2000

$14,357.10

Asset Allocation as of 12/31/2009

99.61%

0.36%

0.02%

0.01%

Equity

Cash

Fixed

Other

Sectors By Percent** as of 12/31/2009

Financials

Information Technology

Industrials

Consumer Discretionary

Healthcare

Energy

Materials

Utilities

Consumer Staples

Telecommunications

19.98%

17.58%

16.06%

14.62%

11.97%

6.07%

5.39%

3.68%

3.62%

1.01%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 07/31/2009

Holding Name Percent of TNA

CMT Market Liquidity Rate 0.74%

Brocade Communications Systems, Inc. 0.28%

Genworth Financial, Inc. 0.27%

F5 Networks, Inc. 0.27%

ON Semiconductor Corporation 0.26%

MSCI, Inc. 0.25%

Dendreon Corporation 0.24%

Rovi Corp 0.24%

AGL Resources, Inc. 0.23%

Universal Health Services B 0.23%

Percent of Assets in Top Holdings 3.01%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-997-2798. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

First American Small Cap Select Y

Fund Overview as of 03/31/2010

Management Company

First American

First American Investment Funds Inc

800 Nicollet Mall Bc-mn-h04n

Minneapolis, MN 55402

800-677-3863

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

ARSTX

None

$0.00

$12.19

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Steinkopf/Traster

4 Yr(s)

05/01/1992

US Equity

385.6 Million

129

99%

Expense Ratio 1.02%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

6.65 4.73 4.73 56.76 -3.63 4.25 6.26 9.91Fund Total Return

8.14 8.85 8.85 62.76 -3.99 3.36 3.68 n/aBenchmark

First American Small Cap Select Y Russell 2000

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%70%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-677-3863.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell 2000

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-0.57 0.89 0.95 24.13

Quarterly Performance Analysis (3 Year) as of 03/31/2010

First American Small Cap Select Y -23.183.51 -2.86 -6.35 -12.08 1.24 -3.68 -7.93 20.82 17.02 5.87 4.73

Russell 2000 -26.124.42 -3.09 -4.58 -9.90 0.58 -1.11 -14.95 20.69 19.28 3.87 8.85

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

24K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

First American Small Cap Select Y

$18,351.79

Russell 2000

$14,357.10

Asset Allocation as of 12/31/2009

96.02%

3.98%

Equity

Cash

Sectors By Percent** as of 12/31/2009

Information Technology

Financials

Industrials

Consumer Discretionary

Healthcare

Energy

Materials

Consumer Staples

Telecommunications

Utilities

21.28%

18.29%

16.97%

15.21%

12.68%

6.73%

4.00%

2.69%

1.33%

0.83%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 09/30/2009

Holding Name Percent of TNA

First American Prime Obligation Z 2.10%

Coinstar, Inc. 1.92%

Platinum Underwriters Holdings, Ltd. 1.82%

Delphi Financial Group 1.71%

Progress Software 1.59%

BE Aerospace 1.52%

MFA Mortgage Investments, Inc. 1.45%

Panera Bread Company, Inc. A 1.41%

ADC Telecommunications, Inc. 1.38%

Whiting Petroleum Corporation 1.33%

Percent of Assets in Top Holdings 16.23%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-677-3863. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

American Funds Growth Fund of Amer R2

Fund Overview as of 03/31/2010

Management Company

American Funds

Bond Fund of America Inc

333 South Hope Street

Los Angeles, CA 90071-1406

800-421-0180

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RGABX

None

$0.00

$27.78

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

13 Yr(s)

05/21/2002

US Equity

2,546.7 Million

447

38%

Expense Ratio 1.48%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

5.75 4.01 4.01 44.92 -2.96 3.31 n/a 4.59Fund Total Return

5.78 4.65 4.65 49.75 -0.78 3.42 -4.21 n/aBenchmark

American Funds Growth Fund of Amer R2 Russell 1000 Growth

Fund Performance Analysis as of 03/31/2010

-10%

0%

10%

20%

30%

40%

50%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-421-0180.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell 1000 Growth

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-2.12 1.00 0.99 22.83

Quarterly Performance Analysis (3 Year) as of 03/31/2010

American Funds Growth Fund of Amer R2 -23.267.52 4.20 -2.88 -8.06 1.08 -15.19 -4.19 16.55 13.18 5.63 4.01

Russell 1000 Growth -22.796.86 4.21 -0.77 -10.18 1.25 -12.33 -4.12 16.32 13.97 7.94 4.65

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

2Q02

2Q03

2Q04

2Q05

2Q06

2Q07

2Q08

2Q09

American Funds Growth Fund of Amer

R2

$15,543.69

Russell 1000 Growth

$14,246.83

Asset Allocation as of 12/31/2009

89.69%

8.20%

2.09%

0.01%

Equity

Cash

Fixed

Other

Sectors By Percent** as of 12/31/2009

Information Technology

Healthcare

Energy

Financials

Consumer Discretionary

Materials

Industrials

Consumer Staples

Telecommunications

Utilities

27.81%

13.39%

11.89%

11.72%

9.88%

8.46%

7.75%

6.82%

1.46%

0.83%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 09/30/2009

Holding Name Percent of TNA

Microsoft Corporation 3.49%

Google, Inc. 3.06%

Oracle Corporation 2.53%

Apple, Inc. 2.04%

Cisco Systems, Inc. 1.80%

Bank of America Corporation 1.51%

Coca-Cola Company 1.43%

Philip Morris International Inc 1.32%

J.P. Morgan Chase & Co. 1.30%

Medtronic, Inc. 1.28%

Percent of Assets in Top Holdings 19.76%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-421-0180. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

T. Rowe Price Media & Telecommunications

Fund Overview as of 03/31/2010

Management Company

T. Rowe Price

100 East Pratt Street

Baltimore, MD 21202

800-638-5660

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

PRMTX

None

$2,500.00

$43.43

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

3 Yr(s)

10/13/1993

US Equity

1,490.1 Million

80

69%

Expense Ratio 0.90%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

8.12 5.85 5.85 78.52 3.85 13.05 4.70 13.68Fund Total Return

6.03 5.39 5.39 49.77 -4.17 1.92 -0.65 n/aBenchmark

T. Rowe Price Media & Telecommunications S&P 500

Fund Performance Analysis as of 03/31/2010

-20%

0%

20%

40%

60%

80%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-638-5660.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: S&P 500

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 11.56 1.30 0.91 30.47

Quarterly Performance Analysis (3 Year) as of 03/31/2010

T. Rowe Price Media & Telecommunications -25.2212.51 6.32 -1.97 -15.27 -0.93 -14.72 -0.08 25.38 23.67 8.77 5.85

S&P 500 -21.946.28 2.03 -3.33 -9.45 -2.73 -8.37 -11.01 15.93 15.61 6.04 5.39

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K2K4K6K8K

10K12K14K16K18K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

T. Rowe Price Media &

Telecommunications

$15,823.13

S&P 500

$9,365.28

Asset Allocation as of 12/31/2009

92.17%

3.18%

2.92%

1.73%

Equity

Cash

Fixed

Other

Sectors By Percent** as of 12/31/2009

Consumer Discretionary

Telecommunications

Information Technology

Industrials

Energy

Financials

40.90%

33.32%

24.74%

0.84%

0.13%

0.08%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

Amazon.com, Inc. 6.16%

American Tower Corporation A 6.09%

Crown Castle International Corporation 4.90%

Vodafone Group PLC 3.39%

Cablevision Systems A 3.14%

America Movil S.A.B. de C.V. ADR L 2.85%

AT&T, Inc. 2.82%

Tencent Holdings Ltd. 2.79%

Expedia, Inc. 2.64%

SBA Communications Corporation 2.47%

Percent of Assets in Top Holdings 37.25%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-638-5660. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

T. Rowe Price New Era

Fund Overview as of 03/31/2010

Management Company

T. Rowe Price

100 East Pratt Street

Baltimore, MD 21202

800-638-5660

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

PRNEX

None

$2,500.00

$44.29

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Ober

13 Yr(s)

01/20/1969

Global Equity

4,938.8 Million

104

205%

Expense Ratio 0.66%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

4.16 1.51 1.51 58.59 0.21 8.46 11.40 10.70Fund Total Return

-1.24 -5.03 -5.03 20.53 -6.88 -1.36 5.73 n/aBenchmark

T. Rowe Price New Era Dow Jones UBS Commodity

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-638-5660.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Dow Jones UBS Commodity

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 11.76 1.18 0.81 38.37

Quarterly Performance Analysis (3 Year) as of 03/31/2010

T. Rowe Price New Era -34.5015.73 9.09 5.54 -4.68 20.70 -33.89 -4.39 23.13 18.32 7.24 1.51

Dow Jones UBS Commodity -30.04-0.13 6.24 4.73 9.60 16.08 -27.70 -6.31 11.67 4.25 9.03 -5.03

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K5K

10K15K20K25K30K35K40K45K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

T. Rowe Price New Era

$29,430.79

Dow Jones UBS Commodity

$17,460.44

Asset Allocation as of 12/31/2009

97.17%

2.81%

0.01%

Equity

Cash

Other

Sectors By Percent** as of 12/31/2009

Energy

Materials

Industrials

Utilities

Financials

67.34%

21.25%

7.55%

3.22%

0.64%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

T. Rowe Price Reserve 4.73%

Schlumberger, Ltd. 3.77%

Cameron International Corporation 3.46%

Diamond Offshore Drilling, Inc. 3.34%

Canadian Natural Resources, Ltd. 3.21%

ExxonMobil Corporation 2.65%

Potash Corporation of Saskatchewan, Inc. 2.63%

BHP Billiton Limited 2.39%

Royal Dutch Shell PLC ADR A 2.27%

Consol Energy, Inc. 2.23%

Percent of Assets in Top Holdings 30.68%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-638-5660. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

RS Global Natural Resources A

Fund Overview as of 03/31/2010

Management Company

RS Funds

RS Investment Trust

388 Market Street, Suite 1700

San Francisco, CA 94111

800-766-3863

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RSNRX

None

$2,500.00

$30.58

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

8 Yr(s)

11/15/1995

Global Equity

975.0 Million

36

34%

Expense Ratio 1.46%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

4.55 2.14 2.14 57.30 0.02 8.83 16.25 10.94Fund Total Return

6.03 5.39 5.39 49.77 -4.17 1.92 -0.65 n/aBenchmark

RS Global Natural Resources A S&P 500

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-766-3863.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: S&P 500

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 9.25 1.20 0.61 34.58

Quarterly Performance Analysis (3 Year) as of 03/31/2010

RS Global Natural Resources A -34.2310.77 4.92 6.04 -1.21 16.13 -29.45 -3.04 21.50 17.32 8.05 2.14

S&P 500 -21.946.28 2.03 -3.33 -9.45 -2.73 -8.37 -11.01 15.93 15.61 6.04 5.39

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K10K20K30K40K50K60K70K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

RS Global Natural Resources A

$45,057.37

S&P 500

$9,365.28

Asset Allocation as of 12/31/2009

86.06%

10.19%

3.74%

Equity

Cash

Other

Sectors By Percent** as of 12/31/2009

Energy

Materials

Utilities

Financials

Industrials

52.47%

37.04%

6.82%

1.97%

1.70%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

Talisman Energy 4.71%

Southwestern Energy Company 4.28%

BHP Billiton Limited ADR 4.13%

XTO Energy, Inc. 4.02%

Denbury Resources, Inc. 3.95%

Occidental Petroleum Corporation 3.70%

Goldman Sachs ([Wts/Rts]) 3.69%

Vale S.A. ADR 3.40%

Calpine Corporation 3.37%

Kinross Gold (Canada) 3.23%

Percent of Assets in Top Holdings 38.48%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-766-3863. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

American Century Real Estate Inv

Fund Overview as of 03/31/2010

Management Company

American Century Investments

American Century Strategic Asset Alloc

4500 Main Street

Kansas City, MO 64111

800-345-2021

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

REACX

J.P. Morgan Investment Management Inc.

$2,500.00

$15.79

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Brown

1 Yr(s)

09/21/1995

REITS

565.6 Million

46

109%

Expense Ratio 1.15%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

10.57 9.88 9.88 107.30 -13.68 2.00 10.68 10.25Fund Total Return

10.15 9.82 9.82 113.73 -11.96 3.40 11.40 n/aBenchmark

American Century Real Estate Inv Wilshire US REIT

Fund Performance Analysis as of 03/31/2010

-20%0%

20%40%60%80%

100%120%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-345-2021.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Wilshire US REIT

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-1.54 1.00 1.00 44.74

Quarterly Performance Analysis (3 Year) as of 03/31/2010

American Century Real Estate Inv -43.81-9.17 3.33 -13.23 2.41 -5.46 4.30 -32.85 30.28 33.22 8.71 9.88

Wilshire US REIT -39.95-9.36 1.41 -13.55 2.14 -5.39 4.78 -33.92 31.66 35.42 9.15 9.82

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K5K

10K15K20K25K30K35K40K45K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

American Century Real Estate Inv

$27,594.68

Wilshire US REIT

$29,435.28

Asset Allocation as of 12/31/2009

99.42%

0.58%

Equity

Cash

Sectors By Percent** as of 12/31/2009

Financials

Healthcare

Consumer Discretionary

98.39%

1.07%

0.54%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

Simon Property Group, Inc. 11.50%

Public Storage 5.41%

Vornado Realty Trust 5.27%

AMB Property Corporation 4.41%

ProLogis Trust 4.24%

Equity Residential 4.01%

AvalonBay Communities, Inc. 3.87%

Digital Realty Trust, Inc. 3.79%

HCP, Inc. 3.48%

Host Hotels & Resorts, Inc. 3.48%

Percent of Assets in Top Holdings 49.46%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-345-2021. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Ivy Asset Strategy R

Fund Overview as of 03/31/2010

Management Company

Ivy Funds

6300 Lamar Ave

Overland Park, KS 66202

800-777-6472

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

IASRX

None

$0.00

$22.35

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Caldwell/Avery

8 Yr(s)

07/31/2008

Multi Strategy

27.9 Million

264

279%

Expense Ratio 1.34%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

3.28 0.54 0.54 20.12 n/a n/a n/a -2.84Fund Total Return

3.68 2.77 2.77 33.65 -0.44 4.23 2.92 n/aBenchmark

Ivy Asset Strategy R 60% Russell Developed Large Cap/40%

BCI Int Gov Credit

Fund Performance Analysis as of 03/31/2010

-5%0%5%

10%15%20%25%30%35%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-777-6472.

Risk Analysis (3 Year) Statistics measured against the fund's broad based index: 60% Russell Developed Large Cap/40% BCI Int Gov Credit

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:

Quarterly Performance Analysis (3 Year) as of 03/31/2010

-8.89Ivy Asset Strategy R 3.32 2.63 12.70 3.30 0.54

-12.1560% Russell Developed Large Cap/40% BCI Int Gov Cr -6.95 13.20 11.95 2.62 2.77

4Q08 1Q09 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

Growth of $10,000 Investment as of 03/31/2010

0K

2K

4K

6K

8K

10K

12K

3Q08

3Q09

Ivy Asset Strategy R

$11,307.59

60% Russell Developed Large Cap/40% BCI

Int Gov Credit

$10,924.85

Asset Allocation as of 12/31/2009

78.26%

16.82%

3.74%

1.17%

Equity

Other

Cash

Fixed

Sectors By Percent** as of 12/31/2009

Tax Free

Financials

Information Technology

Consumer Discretionary

Energy

Materials

Industrials

Consumer Staples

Telecommunications

Healthcare

96.00%

27.08%

25.96%

16.36%

10.79%

9.04%

5.89%

3.11%

1.12%

0.63%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 12/31/2009

Holding Name Percent of TNA

Bellsouth 144A 4.973% 0.16%

Overseas Private Invt Corp U S Govt FRN 0.10%

Phoenix Ariz Indl Dev Auth 0.10%

Castle Rock Colo Ctfs Partn Var Rat 1.7% 0.07%

New York N Y Var Go Bd 0.06%

Overseas Private Invt Corp U S Govt Gtd 0.05%

Overseas Private Inv FRN 0.05%

Los Angeles Calif Wastewtr Sys Var 2.6% 0.05%

New Jersey Health Care Facs Fi Var Rate 0.05%

C E S P Mtn Be 144a 144A 9.75% 0.05%

Percent of Assets in Top Holdings 0.74%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-777-6472. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

BlackRock Global Allocation A

Fund Overview as of 03/31/2010

Management Company

BlackRock

Blackrock Variable Series Funds, Inc.

100 Bellevue Parkway Wilmington DE 19809

Wilmington, DE 19809

800-456-4587

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

MDLOX

BlackRock International, Ltd.

$1,000.00

$18.18

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

10 Yr(s)

10/21/1994

Global Balanced

14,189.2 Million

805

33%

Expense Ratio 1.19%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

3.06 1.62 1.62 30.50 3.95 7.81 8.64 10.40Fund Total Return

3.68 2.77 2.77 33.65 -0.44 4.23 2.92 n/aBenchmark

BlackRock Global Allocation A 60% Russell Developed Large Cap/40%

BCI Int Gov Credit

Fund Performance Analysis as of 03/31/2010

-5%0%5%

10%15%20%25%30%35%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-456-4587.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: 60% Russell Developed Large Cap/40% BCI Int Gov Credit

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 4.09 0.89 0.93 14.39

Quarterly Performance Analysis (3 Year) as of 03/31/2010

BlackRock Global Allocation A -12.185.72 5.55 2.50 -1.77 -0.26 -7.68 -5.28 12.06 10.95 3.29 1.62

60% Russell Developed Large Cap/40% BCI Int Gov Cr -12.153.91 2.52 -0.23 -4.26 -1.54 -9.84 -6.95 13.20 11.95 2.62 2.77

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

4K

8K

12K

16K

20K

24K

1Q00

1Q01

1Q02

1Q03

1Q04

1Q05

1Q06

1Q07

1Q08

1Q09

1Q10

BlackRock Global Allocation A

$22,896.24

60% Russell Developed Large Cap/40% BCI

Int Gov Credit

$13,341.01

Asset Allocation as of 01/31/2010

58.35%

18.18%

17.62%

5.85%

Equity

Fixed

Other

Cash

Sectors By Percent** as of 01/31/2010

Convertible

Financials

Healthcare

Information Technology

Energy

Industrials

Materials

Consumer Staples

Telecommunications

Consumer Discretionary

Utilities

46.63%

16.69%

13.16%

12.86%

12.55%

11.62%

9.79%

8.79%

8.34%

4.03%

2.16%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 01/31/2010

Holding Name Percent of TNA

United States Treas Nts 2.625% 1.20%

Brazil Ntn-F 10 01/01/2017 1.15%

Advcd Micro Devices Cv 6% 0.99%

Germany(Fed Rep) 4% 0.84%

United Kingdom Of Great Britain And Nort 0.80%

United States Treas Nts 4.875% 0.75%

Germany (Federal Republic Of) 4.25 07/04/20 0.70%

Transocean Cv 1.5% 0.60%

Dana Gas Sukuk Ltd 7.5 10/31/2012 0.59%

United States Treas Nts 2.75% 0.59%

Percent of Assets in Top Holdings 8.21%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-456-4587. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

American Funds Money Market R6

Fund Overview as of 03/31/2010

Management Company

American Funds

Bond Fund of America Inc

333 South Hope Street

Los Angeles, CA 90071-1406

800-421-0180

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RAFXX

None

$0.00

$1.00

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Management Team

1 Yr(s)

05/01/2009

Money Market

23.0 Million

47

Expense Ratio 0.36%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

0.00 0.00 0.00 n/a n/a n/a n/a 0.00Fund Total Return

0.00 0.01 0.01 0.17 1.99 2.91 2.85 n/aBenchmark

American Funds Money Market R6 T-Bills - 3 Month

Fund Performance Analysis as of 03/31/2010

0.0%0.4%0.8%1.2%1.6%2.0%2.4%2.8%3.2%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-421-0180.

Risk Analysis (3 Year) Statistics measured against the fund's broad based index: T-Bills - 3 Month

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:

Quarterly Performance Analysis (3 Year) as of 03/31/2010

American Funds Money Market R6 n/a n/a n/a

T-Bills - 3 Month 0.010.07 0.04

3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

Growth of $10,000 Investment as of 03/31/2010

0K

2K

4K

6K

8K

10K

12K

2Q09

American Funds Money Market R6

$10,000.00

T-Bills - 3 Month

$10,012.01

Asset Allocation as of 12/31/2009

65.90%

34.10%

Cash

Fixed

Sectors By Percent**

Data is currently not available

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings

Holding Name Percent of TNA

Data is currently not available

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-421-0180. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

American Funds Capital World G/I R2

Fund Overview as of 03/31/2010

Management Company

American Funds

Bond Fund of America Inc

333 South Hope Street

Los Angeles, CA 90071-1406

800-421-0180

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RWIBX

None

$0.00

$33.67

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

6 Yr(s)

06/07/2002

Global Equity

1,224.4 Million

493

44%

Expense Ratio 1.66%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

5.86 -0.03 -0.03 46.71 -2.97 5.23 n/a 9.07Fund Total Return

6.33 3.45 3.45 54.04 -5.43 2.92 0.33 n/aBenchmark

American Funds Capital World G/I R2 Russell Developed Large Cap

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-421-0180.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: Russell Developed Large Cap

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 1.85 0.93 0.98 24.29

Quarterly Performance Analysis (3 Year) as of 03/31/2010

American Funds Capital World G/I R2 -19.478.64 4.89 0.05 -7.89 -2.72 -15.34 -10.63 19.26 18.48 3.86 -0.03

Russell Developed Large Cap -22.776.64 2.22 -2.35 -9.01 -1.76 -15.40 -11.68 21.18 17.99 4.15 3.45

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K4K8K

12K16K20K24K28K

2Q02

2Q03

2Q04

2Q05

2Q06

2Q07

2Q08

2Q09

American Funds Capital World G/I R2

$19,597.30

Russell Developed Large Cap

$15,521.69

Asset Allocation as of 12/31/2009

93.34%

4.35%

1.94%

0.36%

Equity

Cash

Fixed

Other

Sectors By Percent** as of 12/31/2009

Financials

Information Technology

Telecommunications

Healthcare

Consumer Staples

Industrials

Consumer Discretionary

Energy

Utilities

Materials

19.15%

12.09%

10.55%

9.85%

9.81%

9.35%

8.69%

8.10%

7.56%

4.86%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 06/30/2009

Holding Name Percent of TNA

Banco Santander SA 2.31%

Microsoft Corporation 2.30%

Roche Holding AG 1.93%

Novartis 1.87%

Bayer AG 1.75%

GDF Suez 1.70%

RWE AG 1.60%

AT&T, Inc. 1.52%

Philip Morris International Inc 1.42%

France Telecom SA 1.27%

Percent of Assets in Top Holdings 17.67%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-421-0180. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Russell LifePoints 2010 Strategy R3

Fund Overview as of 03/31/2010

Management Company

Russell

Russell Investment CO

909 A St 11th Floor

Tacoma, WA 98402

800-787-7354

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RJLDX

None

$0.00

$10.18

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Johnson

3 Yr(s)

12/31/2004

Multi Strategy

32.6 Million

9

18%

Expense Ratio 1.15%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

2.41 3.88 3.88 33.46 1.39 4.26 n/a 3.77Fund Total Return

3.04 3.00 3.00 25.04 1.83 n/a n/a n/aBenchmark

Russell LifePoints 2010 Strategy R3 S&P Target Date 2010

Fund Performance Analysis as of 03/31/2010

0%5%

10%15%20%25%30%35%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-787-7354.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: S&P Target Date 2010

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-0.20 1.24 0.95 13.78

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Russell LifePoints 2010 Strategy R3 -11.371.72 2.67 0.19 -3.56 -0.99 -7.68 -4.46 11.73 11.46 3.17 3.88

S&P Target Date 2010 -8.302.86 2.53 -0.54 -3.41 1.46 -5.16 -5.53 7.82 9.70 2.63 3.00

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

2K

4K

6K

8K

10K

12K

1Q06

1Q07

1Q08

1Q09

1Q10

Russell LifePoints 2010 Strategy R3

$11,248.03

S&P Target Date 2010

$11,612.11

Asset Allocation as of 12/31/2009

52.71%

33.03%

14.40%

-0.13%

Fixed

Equity

Cash

Other

Sectors By Percent** as of 12/31/2009

Non ConvertibleFinancials

Information TechnologyOther

Consumer DiscretionaryHealthcareIndustrials

EnergyConsumer Staples

MaterialsTelecommunications

UtilitiesTax Free

Convertible

59.89%25.07%

16.12%15.70%

10.57%9.87%9.77%8.92%8.60%

5.36%3.21%2.51%

0.55%0.22%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 12/31/2009

Holding Name Percent of TNA

Russell Strategic Bond Y 60.01%

Russell US Core Equity Y 8.60%

Russell US Quantitative Equity Y 8.60%

Russell International Developed Mkts Y 7.57%

Russell Short Duration Bond Y 5.99%

Russell Real Estate Secs Y 2.99%

Russell Global Equity Y 2.71%

Russell US Small & Mid Cap Y 2.10%

Russell Emerging Markets Y 1.44%

Percent of Assets in Top Holdings 100.01%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-787-7354. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Russell LifePoints 2020 Strategy R3

Fund Overview as of 03/31/2010

Management Company

Russell

Russell Investment CO

909 A St 11th Floor

Tacoma, WA 98402

800-787-7354

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RLLDX

None

$0.00

$10.12

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Johnson

3 Yr(s)

12/31/2004

Multi Strategy

87.9 Million

8

15%

Expense Ratio 1.23%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

3.58 4.12 4.12 41.11 -0.90 3.66 n/a 3.18Fund Total Return

4.40 3.89 3.89 34.93 -0.44 n/a n/a n/aBenchmark

Russell LifePoints 2020 Strategy R3 S&P Target Date 2020

Fund Performance Analysis as of 03/31/2010

-5%0%5%

10%15%20%25%30%35%40%45%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-787-7354.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: S&P Target Date 2020

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev: 0.17 1.16 0.98 17.94

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Russell LifePoints 2020 Strategy R3 -15.952.95 2.73 -0.91 -5.73 -0.98 -9.79 -7.02 14.68 13.67 3.96 4.12

S&P Target Date 2020 -12.884.10 2.47 -1.61 -5.38 -1.61 -7.02 -7.59 11.14 12.74 3.66 3.89

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K

2K

4K

6K

8K

10K

12K

1Q06

1Q07

1Q08

1Q09

1Q10

Russell LifePoints 2020 Strategy R3

$10,732.45

S&P Target Date 2020

$11,005.66

Asset Allocation as of 12/31/2009

53.26%

37.04%

9.71%

-0.02%

Equity

Fixed

Cash

Other

Sectors By Percent** as of 12/31/2009

Non ConvertibleFinancials

Information TechnologyOther

Consumer DiscretionaryIndustrials

HealthcareEnergy

Consumer StaplesMaterials

TelecommunicationsUtilities

Tax FreeConvertible

59.98%24.72%

16.18%15.53%

10.55%9.84%9.82%8.99%8.60%

5.47%3.31%2.52%

0.56%0.21%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 12/31/2009

Holding Name Percent of TNA

Russell Strategic Bond Y 45.16%

Russell US Core Equity Y 13.66%

Russell US Quantitative Equity Y 13.65%

Russell International Developed Mkts Y 12.74%

Russell Real Estate Secs Y 4.51%

Russell US Small & Mid Cap Y 3.77%

Russell Global Equity Y 3.74%

Russell Emerging Markets Y 2.78%

Percent of Assets in Top Holdings 100.01%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-787-7354. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

American Funds American Balanced R2

Fund Overview as of 03/31/2010

Management Company

American Funds

American Funds

4 Embarcadero Center P.O. Box 7650

San Francisco, CA 94120

800-421-0180

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RLBBX

None

$0.00

$16.72

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Team

10 Yr(s)

05/21/2002

Multi Strategy

1,055.6 Million

718

46%

Expense Ratio 1.47%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

3.51 3.96 3.96 34.44 -1.08 2.32 n/a 3.70Fund Total Return

3.57 4.02 4.02 31.65 0.31 3.64 2.42 n/aBenchmark

American Funds American Balanced R2 60% S&P 500/ 40% BCI Aggregate

Fund Performance Analysis as of 03/31/2010

-5%0%5%

10%15%20%25%30%35%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-421-0180.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: 60% S&P 500/ 40% BCI Aggregate

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-1.01 1.14 0.99 15.50

Quarterly Performance Analysis (3 Year) as of 03/31/2010

American Funds American Balanced R2 -14.604.83 2.58 -2.18 -6.12 -2.89 -5.37 -7.10 11.49 10.89 4.61 3.96

60% S&P 500/ 40% BCI Aggregate -11.853.55 2.39 -0.80 -4.88 -1.92 -5.22 -6.46 10.18 10.77 3.71 4.02

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K2K4K6K8K

10K12K14K16K

2Q02

2Q03

2Q04

2Q05

2Q06

2Q07

2Q08

2Q09

American Funds American Balanced R2

$13,886.75

60% S&P 500/ 40% BCI Aggregate

$14,585.71

Asset Allocation as of 12/31/2009

63.36%

33.26%

3.38%

Equity

Fixed

Cash

Sectors By Percent** as of 12/31/2009

Information Technology

Financials

Industrials

Energy

Healthcare

Consumer Staples

Consumer Discretionary

Materials

Telecommunications

Utilities

Tax Free

19.18%

14.51%

12.74%

12.19%

11.82%

10.36%

6.09%

5.29%

4.24%

3.58%

0.20%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 12/31/2009

Holding Name Percent of TNA

US Treasury Note 3.5% 2.45%

US Treasury Note 4.625% 2.40%

UNITED STATES TREAS NTS 1.69%

US Treasury Bond 6.25% 1.36%

United States Treas Nts 3.5% 1.07%

US Treasury Note 4.25% 0.58%

US Treasury Note 1.875% 0.50%

US Treasury Note 4.25% 0.50%

United States Treas Bds 3.5% 0.49%

FHLMC 6% 0.42%

Percent of Assets in Top Holdings 11.46%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-421-0180. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Russell LifePoints 2030 Strategy R3

Fund Overview as of 03/31/2010

Management Company

Russell

Russell Investment CO

909 A St 11th Floor

Tacoma, WA 98402

800-787-7354

Ticker

Std Min Investment

Month End NAV (03/31/2010)

Sub-Advisor

RRLDX

None

$0.00

$9.47

Fund Manager

Fund Manager Tenure

Inception Date

Asset Type

Share Class Assets

# of Securities

Avg 12 Month Turnover

Johnson

3 Yr(s)

12/31/2004

Multi Strategy

68.5 Million

8

9%

Expense Ratio 1.33%

Cumulative (%) Annualized (%)

Since

Incept.

Quarter

to Date 10 Year5 Year3 Year1 Year

Year

to Date

1

Month

5.81 4.53 4.53 52.88 -4.70 1.97 n/a 1.57Fund Total Return

5.32 4.49 4.49 42.85 -1.83 n/a n/a n/aBenchmark

Russell LifePoints 2030 Strategy R3 S&P Target Date 2030

Fund Performance Analysis as of 03/31/2010

-10%0%

10%20%30%40%50%60%

The performance information contained herein represents past performance. Past performance does

not guarantee future results. The investment return and principal value of an investment will

fluctuate so that your investment, when redeemed, may be worth more or less than their

performance data quoted. Current performance may be higher or lower than the performance shown

here. The most recent month-end performance information for the Fund may be obtained by

contacting the mutual fund company at 800-787-7354.

Risk Analysis (3 Year) as of 03/31/2010

Statistics measured against the fund's broad based index: S&P Target Date 2030

Alpha measures a manager's

contribution to performance due to

security selection or market timing to

the relative broad based index.

Beta measures a porfol io's

sensitivity to market movements in

the broad based index.

R-squared is a measure that indicates

the extent to which fluctuations in

portfolio returns are correlated with

those of the broad based index.

Standard deviation is a measure of risk

that gauges the variability of actual returns

from their expected values and the

dispersion of these variations over time.

Alpha: Beta: R-Squared: Std Dev:-1.23 1.27 0.99 24.29

Quarterly Performance Analysis (3 Year) as of 03/31/2010

Russell LifePoints 2030 Strategy R3 -22.614.97 2.71 -2.54 -9.18 -0.93 -12.86 -11.20 19.19 16.93 4.95 4.53

S&P Target Date 2030 -16.715.01 2.39 -2.38 -6.99 -1.73 -8.45 -9.46 14.27 14.70 4.31 4.49

2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 2Q09 3Q09 4Q09 1Q10

Best 3 Month Performance over last 3 Years Worst 3 Month Performance over last 3 Years

1Q09

Growth of $10,000 Investment as of 03/31/2010

0K2K4K6K8K

10K12K14K

1Q06

1Q07

1Q08

1Q09

1Q10

Russell LifePoints 2030 Strategy R3

$9,728.32

S&P Target Date 2030

$10,669.91

Asset Allocation as of 12/31/2009

87.43%

8.14%

4.21%

0.23%

Equity

Fixed

Cash

Other

Sectors By Percent** as of 12/31/2009

Non ConvertibleFinancials

Information TechnologyOther

Consumer DiscretionaryHealthcareIndustrials

EnergyConsumer Staples

MaterialsTelecommunications

UtilitiesTax Free

Convertible

60.31%23.89%

16.48%15.73%

10.68%9.96%9.96%9.09%8.67%

5.47%3.29%2.52%

0.48%0.24%

** Sector weightings based on Industry Classification Benchmark Industries

Top 10 Holdings as of 12/31/2009

Holding Name Percent of TNA

Russell US Core Equity Y 22.95%

Russell US Quantitative Equity Y 22.91%

Russell International Developed Mkts Y 19.96%

Russell Strategic Bond Y 9.92%

Russell US Small & Mid Cap Y 6.61%

Russell Real Estate Secs Y 6.60%

Russell Global Equity Y 6.48%

Russell Emerging Markets Y 4.56%

Percent of Assets in Top Holdings 99.99%

You should consider the investment objectives, risks, charges and expenses of the Fund carefully

before investing. This and other information is contained in the Fund's Prospectus, which can be

obtained by contacting the mutual fund company at 800-787-7354. You should read the Prospectus

carefully before choosing a Fund.

SEE DISCLOSURE PAGE FOR ADDITIONAL INFORMATION.

Disclosure Page

This fund fact sheet has been compiled by Prima Capital Management, Inc. (Prima) and is provided by its affiliates, Matrix Settlement and Clearance Services,

LLC (MSCS) and MSCS Financial Services, LLC (MSCSFS), member FINRA. Securities services may be offered through MSCSFS, a wholly owned

subsidiary of MSCS. This fund fact sheet is for informational and research purposes only and we do not guarantee the accuracy, timeliness or completeness of

the information provided. Data is based on information collected from the investment company, it is updated as of the date shown in the section’s title, and

will vary over time.

The total return information does not reflect the deduction of the Sales Load that may apply if the Fund shares were purchased outside of the Plan and, if the

Sales Load were reflected, performance would be lower.

A market index is an unmanaged portfolio of securities such as stocks and bonds. An index is often used as a comparative benchmark for managed portfolios

such as mutual funds These indices are presented to help you evaluate the performance of the broad market which they represent, and provide you with an

understanding of that market’s historic long-term performance, and a broad indication of price movement. Individual investors cannot invest directly in an

index. Past performance is not indicative of future results.

Russell Investment Group is the source and owner of the Russell Index data contained or reflected in this material and all trademarks and copyrights related

thereto. The presentation may contain confidential information and unauthorized use, disclosure, copying, dissemination or redistribution is strictly prohibited.

This is a presentation of USER. Russell Investment Group is not responsible for the formatting or configuration of this material or for any inaccuracy in

USER’s presentation thereof.

The preceding Standards & Poor’s material is Copyright © 2008, Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. All Rights Reserved.”

The Dow Jones IndexesSM are calculated, distributed and marketed by Dow Jones & Company, Inc. pursuant to an agreement between Dow Jones and have

been licensed for use. All content of the Dow Jones IndexesSM, 2008 Dow Jones & Company, Inc. & Associates Incorporated.

The preceding Barclays Capital material is Copyright © 2008, Barclays Bank PLC.

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