Investment Objective

The Mid Cap Portfolio seeks maximum capital appreciation, consistent with reasonable risk to principal by investing primarily in mid market capitalization companies.

Investment Strategy

The Mid Cap Portfolio normally seeks to achieve its objective by investing at least 80% of its net assets in equity securities of companies whose market capitalizations fall within the range of market capitalizations represented by the Russell Midcap Index.

Investment Team

Fund Profile Download

Complete Holdings Download

Ticker Symbol RHJVX CUSIP: 0075W0833 Inception Date: July 30, 2004 Fund Assets (as of 1/31/12) $10 million Minimum Investment: $2,500 $500 IRA Min. Subsequent Inv: $100 Load: No Load Distribution Fee: 0.25% Expense Ratio (Net): 1.41% Expense Ratio (Gross): 2.01% The Adviser has contractually agreed to reduce fees and reimburse expenses in order to keep Total Annual Fund Operating Expenses After Fee Reductions and/or Expense Reimbursements (excluding interest, taxes, brokerage commissions, Acquired Fund Fees and Expenses, and extraordinary expenses) from exceeding 1.40% of the Fund’s average daily net assets until February 29, 2012. In the absence of current fee waivers, total return and yield would be reduced. As of February 6, 2012 Share Price $14.62 Change -0.06 Year-to-Date Performance 8.94% As of December 31, 2011 1 Year -6.22% 3 Year 15.37% 5 Year 0.76% 10 Year N/A Since Inception 5.83% Inception Date July 30, 2004	As of 12/31/11 CINTAS CORP 3.8% ALLSCRIPTS-MISYS HEALTH 3.2% MEDNAX INC 3% COMPUWARE CORP 2.9% NUANCE COMMUNICATIONS 2.9% HOLOGIC INCORPORATED 2.9% HERTZ GLOBAL HOLDINGS 2.8% LIFE TIME FITNESS INC 2.8% BARD C R 2.7% VERIFONE HLDGS INC COM 2.6% Holdings are subject to change. As of January 31, 2012 1 Year -2.61% 3 Year 19.51% 5 Year 1.27% 10 Year N/A Since Inception 6.57% Inception Date July 30, 2004
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 an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. All returns for periods greater than one year are annualized.
Account value if you reinvested income and capital gains $16,115 Account value if you took income and capital gains in cash $14,200 Past performance is no guarantee of future results. The information used in this chart is hypothetical and is used for illustrative purposes only.