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Morningstar Rankings

Morningstar Rankings - Class N    (For the Period ending 04/30/2008)
Fund's Ranking / # of Funds in Peer Group
Domestic Equity FundsPeer Group1 Yr.3 Yrs.5 Yrs.10 Yrs.
Growth Fund Large Growth 327 / 1738 132 / 1458 206 / 1205 197 / 566
 Percentile Ranking   23 11 21 43
Tax-Managed Growth Fund Large Growth 869 / 1738 409 / 1458 487 / 1205 --
 Percentile Ranking   60 34 49 --
Large Cap Growth Fund Large Growth 736 / 1738 988 / 1458 845 / 1205 --
 Percentile Ranking   50 81 84 --
Small Cap Growth Fund Small Growth 645 / 837 489 / 688 139 / 560 --
 Percentile Ranking   90 84 30 --
Mid Cap Growth Fund Mid-Cap Growth 377 / 967 -- -- --
 Percentile Ranking   47 -- -- --
Small-Mid Cap Growth Fund Mid-Cap Growth 586 / 967 429 / 828 -- --
 Percentile Ranking   72 63 -- --
Value Discovery Fund Small Value 83 / 448 39 / 338 151 / 267 31 / 102
 Percentile Ranking   22 13 65 35
International Equity FundsPeer Group1 Yr.3 Yrs.5 Yrs.10 Yrs.
International Growth Fund Foreign Large Growth 90 / 225 37 / 184 18 / 158 4 / 75
 Percentile Ranking   46 24 13 5
International Equity Fund Foreign Large Growth 66 / 225 102 / 184 -- --
 Percentile Ranking   34 65 -- --
International Small Cap Growth Fund Foreign Small/Mid Growth 35 / 118 -- -- --
 Percentile Ranking   34 -- -- --
Emerging Markets Growth Fund Diversified Emerging Mkts 196 / 285 -- -- --
 Percentile Ranking   80 -- -- --
Fixed Income FundsPeer Group1 Yr.3 Yrs.5 Yrs.10 Yrs.
Income Fund Short-Term Bond 318 / 457 262 / 388 165 / 290 66 / 165
 Percentile Ranking   76 75 62 42

Performance cited represents past performance. Past performance does not guarantee future results and current performance may be lower or higher than the data quoted. Returns shown are average annual total returns, which assume reinvestment of dividends and capital gains. Investment returns and principal will fluctuate with market and economic conditions and you may have a gain or loss when you sell shares.

International investing involves special risk considerations, including currency fluctuations, lower liquidity, economic and political risk. Investing in emerging markets can increase these risks.

Investments in initial public offerings (IPOs) during favorable market conditions have significantly contributed to the Emerging Markets Growth Fund's performance since its inception.  As the Fund grows in size or as market conditions for IPOs become less favorable, the impact of IPOs is likely to diminish.


Investing in smaller companies involves special risks, including higher volatility and lower liquidity.

Morningstar Ranking / # of Funds in Category displays the fund's actual rank within its Morningstar Category based on average annual total return and number of Funds in that Category.

The Morningstar Percentile Ranking compares a Fund's Morningstar risk and return scores with all the Funds in the same Category, where 1% = Best and 100% = Worst.