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 8/31/10) $7 million Minimum Investment: $2,500 $500 IRA Min. Subsequent Inv: $100 Load: No Load Distribution Fee: 0.25% Expense Ratio (Net): 1.40% Expense Ratio (Gross): 1.87% As of September 3, 2010 Share Price $11.52 Change +0.16 Year-to-Date Performance -2.82% As of June 30, 2010 1 Year 18.04% 3 Year -8.77% 5 Year 1.66% 10 Year N/A Since Inception 3.91% Inception Date July 30, 2004	As of 8/31/10 REPUBLIC SERVICE 3.3% RALCORP HOLDINGS INC 3.2% MSCI INC 3.2% BARD C R 3.1% BORG-WARNER INC 3% NUANCE COMMUNICATIONS 2.9% AIR PRODUCTS & CHEMICALS 2.8% DREAMWORKS ANIMATION 2.5% MEDNAX INC 2.5% GENTEX CORP 2.4% Holdings are subject to change. As of August 31, 2010 1 Year 4.95% 3 Year -8.77% 5 Year -0.01% 10 Year N/A Since Inception 3.43% 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. The Advisor has contractually agreed to waive fees and reimburse expenses until February 28, 2011. In the absence of current fee waivers, total return and yield would be reduced. All returns for periods greater than one year are annualized. If the fund is less than 1 year old, cumulative return since inception is shown; if the fund is less than 10 years old, annualized return since inception is shown.
Account value if you reinvested income and capital gains $12,279 Account value if you took income and capital gains in cash $10,820 Past performance is no guarantee of future results. The information used in this chart is hypothetical and is used for illustrative purposes only.