Edgewood Growth Fund : Performance :: Edgewood Growth Fund

Edgewood Growth Fund Daily Performance As Of 05/23/13

Fund	Ticker	Price	Change
Institutional	EGFIX	15.72	-0.44%
Retail	EGFFX	15.42	-0.45%

Click here for standard and month-end performance. Performance quoted is past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more of less than their original cost and current performance may be lower or higher than the performance quoted.

Fund Facts as of 03/31/13

	Institutional	Retail
Ticker	EGFIX	EGFFX
CUSIP	0075W0759	0075W0742
Inception Date	02/28/06	02/28/06
Sales Charge	No Load	No Load
Net Expense Ratio	1.00%^*	1.39%^*
Gross Expense Ratio	1.13%^**	1.52%^**
Minimum Initial Investment	$100k	$3,000 ($2,000 for IRAs)
Subsequent Minimum Investments	None	None

^* The Adviser has contractually agreed to waive its fees and reimburse expenses to the extent necessary to limit the Fund's total annual fund operating expenses to an amount equal to the Management Fees until February 28, 2014.

^** As of the Prospectus Update on March 1, 2013

Edgewood Growth Fund : Performance

Month-End Performance as of 04/30/2013

Fund	Ticker	Incep / Start	1 Month	YTD	1 Year	3 Year^*	5 Year^*	Since Incep^*
Institutional	EGFIX	02/28/2006	0.5	10.0	12.9	14.6	3.9	6.3
Retail	EGFFX	02/28/2006	0.5	10.1	12.7	14.5	3.6	6.0
S&P 500 Growth	SGX	02/28/2006	2.1	11.6	14.0	13.6	6.7	6.5
S&P 500	SPX	02/28/2006	1.9	12.7	16.9	12.8	5.2	5.4

^* Returns shown are annualized.

All performance numbers are rounded to the nearest tenth.

Quarter-End Performance as of 03/31/2013

Fund	Ticker	Incep / Start	3 Month	YTD	1 Year	3 Year^*	5 Year^*	Since Incep^*
Institutional	EGFIX	02/28/2006	9.5	9.5	11.0	14.5	5.3	6.3
Retail	EGFFX	02/28/2006	9.6	9.6	10.7	14.4	5.1	5.9
S&P 500 Growth	SGX	02/28/2006	9.3	9.3	11.6	13.3	7.5	6.3
S&P 500	SPX	02/28/2006	10.6	10.6	14.0	12.7	5.8	5.1

^* Returns shown are annualized.

All performance numbers are rounded to the nearest tenth.

Performance Chart as of 03/31/2013

Returns (%)

^* Returns shown are annualized.

All performance numbers are rounded to the nearest tenth.

Hypothetical Growth of $10,000 For The Period Ending 10/31/2012

Growth of $10,000

The growth of a $10,000 investment in the fund is hypothetical and for illustration only. It does not represent any actual investment.

Calendar Year Performance

Year	EGFIX	EGFFX	S&P 500 Growth	S&P 500
2012	18.7	18.6	14.6	16.0
2011	2.1	4.7	3.5	3.7
2010	15.2	15.1	11.9	12.2
2009	26.5	31.6	30.9	30.7
2008	-37.0	-34.9	-39.9	-39.1
2007	5.6	9.1	21.1	21.5

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost and current performance may be higher or lower than the performance quoted. The Adviser has contractually agreed to waive its fees and reimburse expenses to the extent necessary to limit the Fund’s total annual fund operating expenses (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses and extraordinary expenses) to an amount equal to the Management Fees until February 29, 2013. In the absence of current fee waivers, total return and yield would be reduced.

For performance current to the most recent month end, please call 800-791-4226 or click here.

EPS Growth Rate is a expressed as a % and shows the relative growth of earnings per share over a period of time.

CIQ estimates provided by Capital IQ.

Debt/capital ratio is a measurement of a company’s financial leverage (company debt divided by total capital).