(PUB) Investing 2016

30

Historical Performance

Historical Risk

Morningstar Rating vs.Category 5 ! Best

Total Return % 07-31-16

Total Return % Category Rank

12- Mo Yld %

Stand- ard Devia- tion (R²)

Risk Relative to Category

Morningstar Analyst Rating

1 ! Best, 100 ! Worst

A N N U A L I Z E D

Morningstar 500 Domestic Equity Mid-Cap Growth (cont’d) FAM Value Investor FAMVX Fidelity Mid-Cap Stock FMCSX Hennessy Focus Investor HFCSX

YTD 1 Yr

3 Yr

5 Yr

10 Yr YTD 1 Yr 3 Yr 5 Yr 10 Yr

—

4.6 -3.2

7.6 9.7 7.7

— — — — —

— 13.25 (74) 0.0 11.02 (84) 0.6 11.64 (78) 0.0 12.28 (81) 0.2 10.93 (80) 0.1 13.56 (80) 0.0 11.95 (77) 0.6 12.98 (79) 0.0 12.43 (88) — 12.35 (79) 0.9 14.96 (86) 0.6 16.19 (85) 0.3 15.44 (74) 1.2 13.54 (76) 0.0 12.85 (79) 0.0 11.69 (77) 0.3 12.94 (60) 0.1 12.21 (60) 0.5 10.92 (82) 1.3 16.04 (78) 0.0 15.7 (62)

—

QQQQ QQQQ

—

8.7 9.5 5.7

4.1 1.6

9.6 12.0 8.4 11.3

7.3 7.8

9

6

26 16 62 41 24 53

Low -Avg -Avg Low Avg High -Avg Avg -Avg High High High +Avg +Avg -Avg +Avg Avg -Avg High —

´ ´ ´ ´

6 16 37 20

QQQQQ QQQQQ

0.9 10.2 14.6 10.5 6.8 12.2 13.7 10.5

20

2 10

Janus Enterprise T JAENX

10.3

3

2

4

6

9

QQQ

Meridian Contrarian Legacy MVALX

7.7

1.9

7.1 11.3

7.4

15 15

60 24 59

Œ Œ

QQQQQ QQQQQ

3.2 13.7 17.8 13.0 3.7 12.9 13.9 11.1

PRIMECAP Odyssey Aggressive Growth POAGX

5.7 6.7

38 10

1 2

1 5

1 2

T. Rowe Price Mid-Cap Growth RPMGX Vanguard Mid Cap Growth Inv VMGRX

26

7

´

QQQQ

-0.1 -7.6 6.6 -1.5 7.1 -0.4 6.8 -2.6 3.9 -3.4

7.1 10.2

8.6 8.4

92 82 26 34

61 41 30 71 53 34

QQQ

Westport R WPFRX

—

6.3

9.5

Mid-Cap Blend

—

7.0 10.0 7.1

— — — — —

QQQ

Ariel Appreciation Investor CAAPX

—

7.3 11.0 8.3 11.4

8.6 7.1

60 74 79 78 43 48 48 59 93 91 29 48 96 94 79 84 84 87 48 57 46 35 58 50 44 47 28 58 10 34 17 73 50 29 97 96 94 85 48 76 87 91 1 28 79 78 3 5 78 82 8 4

59 41 21 40 32 56

´ „ „ ´ ˇ „ ˇ ˇ Œ

]QQQ

Ariel Fund Investor ARGFX

QQQ QQQ

5.5 11.5 10.2

ASTON/Fairpointe Mid Cap N CHTTX

8.7

1.0

73 31

1

Fidelity Extended Market Index Investor FSEMX

8.0 -0.3 -2.1 -9.7

7.9 11.2

8.5 8.1 9.1 5.0 9.5 6.2 6.0 8.4 8.5 7.6 6.2 6.7 9.9 8.2 6.4 9.0 6.2 8.3 6.7 4.4 — 7.4 7.4 9.1 8.0 9.1

48 39 26 73 68 37

QQQQ QQQQ

First Eagle Fund of America Y FEAFX

5.4

9.2

FMI Common Stock FMIMX Janus Contrarian T JSVAX

9.4

1.0

7.1 10.0

60 58

8

QQ

-4.0 -11.8

3.7

8.7

87 75 87

QQQQ

14.9

5.8 10.2 12.2

Longleaf Partners Small-Cap LLSCX

8 17

3

QQQ

Osterweis OSTFX

3.9 -5.4 3.3 -7.1

4.0 2.9

8.0 8.7

84 81 74 92 74 78 47 37 29 6 12 24

]QQ

Vanguard Capital Value Inv VCVLX

Œ Œ

QQQ

Vanguard Extended Market Idx Adm VEXAX Vanguard Mid Cap Index Adm VIMAX Vanguard Strategic Equity Inv VSEQX

8.0 -0.2

7.9 11.3

1.8 13.56 (76)

+Avg

]QQQQQ

8.3 7.0 8.5

2.4 10.4 12.4 0.7 10.7 13.7

1.9

11.9 (89)

Avg

´ ´

QQQQ

3

2 47

1.5 12.56 (83) 0.0 11.25 (72) 0.0 16.31 (67)

+Avg -Avg High

QQ QQ

Weitz Hickory WEHIX

1.2

3.8 5.8

8.6 6.3

87 77 75 71 93 64

Westport Select Cap R WPSRX

—

9.8 -0.3

QQQQ

Westwood SMidCap Institutional WHGMX

—

4.1 -4.4

5.4

8.6

73 77

7

0.1 12.87 (80)

+Avg

Mid-Cap Value

—

9.0 2.2

7.3 10.4 7.1

— — — — —

— 12.33 (82)

—

„ „

QQQQQ

13.7 10.9 12.0 14.3

American Century Mid Cap Value Inv ACMVX Artisan Mid Cap Value Investor ARTQX

3

1

5

1.1

10.4 (86)

Low Avg High -Avg High Low Avg +Avg Avg Avg Low -Avg Avg

QQQ

13.4

3.9

4.2

9.4 5.0

89 76 21 98 98 73 18 12 11 92 79 77 62 49 18 37 21 60 98 99 95 99 98 —

0.4 11.97 (77)

QQ

Delafield Fund DEFIX

—

11.8 -0.2

-1.0

0.0

17.3 (68)

Œ

QQQQ

Diamond Hill Small-Mid Cap A DHMAX Fidelity Leveraged Company Stock FLVCX

9.0

4.3

9.2 12.4

0.1 11.36 (75) 0.9 14.19 (78)

´

QQ

2.1 -7.3

3.8

9.2

„ ˇ ´ ˇ ´

[QQQ

Fidelity Low-Priced Stock FLPSX

3.8 -1.5 9.2 -0.4 5.4 -5.5

7.2 10.8 8.2 11.9

1.2

9.87 (86)

QQQ

Fidelity Value FDVLX FPA Capital FPPTX GoodHaven GOODX

1.0 12.56 (85) 0.4 13.48 (51) 0.0 12.89 (34) 1.0 12.48 (85) 1.2 10.29 (89) 1.1 11.38 (81) 1.7 12.58 (82) — 15.53 (59) 0.0 17.24 (38) 0.0 13.94 (74) 0.0 15.59 (55) 0.0 15.68 (62) 0.0 16.45 (59)

Q Q

1.6 4.3

-1.8 -3.3

17.8

4.4

[QQQ [QQQ

Harbor Mid Cap Value Investor HIMVX

6.6 -0.9

8.4 12.8

30

8 42

´

Perkins Mid Cap Value T JMCVX T. Rowe Price Mid-Cap Value TRMCX Vanguard Selected Value Inv VASVX

10.6 15.5

6.4

7.6

8.8

28 16

50 86 41 6 14 10 66 27 25

Œ Œ

QQQQQ

9.9 10.7 12.3

4

6

QQQQ

5.6

0.4

7.0 11.7

85 69

Small Growth

—

4.9 -5.1 7.5 -1.1 6.2 -3.6

6.1 9.3 7.7

— — — — —

—

„ ´

QQQ

Artisan Small Cap Investor ARTSX Baron Small Cap Retail BSCFX

7.6 11.4

7.8 7.8

23 26 33 41

26 16 46 63 68 48

+Avg -Avg

]QQQQ

5.5

8.6

Œ

QQQQQ

4.5 11.2 13.7 13.5

Brown Capital Mgmt Small Co Inv BCSIX

4.5

56

8

2

3

1

Avg Avg

ˇ

]QQQ

1.4 4.3

Buffalo Small Cap BUFSX

3.2 -7.2 -0.8 -12.1

8.6 6.7

6.9 5.7

72 62 92 86

97 67 71 76 90 90

[QQ

Century Small Cap Select Inv CSMVX

—

+Avg

Russell MidCap Growth Index

7.1 0.8 12.6 5.5

9.9 11.7 9.9 12.3

8.8 9.3 8.1 8.4

S&P MidCap 400 Index

Russell MidCap Value Index Russell 2000 Growth Index

13.3 7.5 10.4 13.2

5.0 -5.2

7.5 10.9

Legend

Red ! Lowest return in group Green ! Highest return in group Italic ! Extended performance

E ! New this month ][ ! Increase/decrease in rating NR ! No Morningstar Rating; fund less than three years old.