(PUB) Morningstar FundInvestor

June 2 014

Morningstar FundInvestor

19

Tracking Gold-Rated Funds

% Gold in Top Quartile

% Gold in Top Quartile

% Gold in Top Quartile

Trailing 10 Years Batting Average

Trailing 5 Years Batting Average

Trailing 3 Years Batting Average

Asset Group

US Stock

70.12 79.56 83.88

56.82 78.05 49.21 77.78 65.67

68.87 66.71 72.69 57.05 91.05

50.45 64.79 38.89 31.82 56.45

75.7

45.65 65.08 32.00 27.27 60.00

Taxable Bond

73.21

International Stock

75.6

Municipal Bond

95.3

71.56 92.35

Balanced

92.15

Data through May 31, 2014. Batting Average and % picks in top quartiles are for Gold/Picks funds only. The results are compared with category average.

Foreign Large-Blend Medalists

Longleaf Partners International LLINX

Litman Gregory Masters Intl Instl MSILX

24000

26000

Fund Return %

Category Return %

Fund Return % 136.88

Category Return %

74.50

88.91

88.91

18000

19500

18,000

19,500

QQQ

QQQQ

´

12000

13000

12,000

13,000

∞ Positive ¶ Neutral ∞ Positive ∞ Positive § Negative

∞ Positive ∞ Positive ∞ Positive ∞ Positive § Negative

Process

Process

Performance

Performance

6000

6500

6,000

6,500

People Parent

People Parent

0

0

2005 2007 2009 2011 2013

2005 2007 2009 2011 2013

Price

Price

Causeway International Value Inv CIVVX

18000 Neuberger Berman International Eq Instl NBIIX

28000

Fund Return % 66.62

Category Return %

Fund Return % 141.54

Category Return %

64.41

108.55

21000

13500

13,500

21,000

QQQQ

QQQQ

´

Œ

14000

9000

9,000

14,000

∞ Positive ∞ Positive ∞ Positive ∞ Positive ¶ Neutral

Process

∞ Positive ∞ Positive ∞ Positive ∞ Positive § Negative

Process

Performance

Performance

7000

4500

4,500

7,000

People Parent

People Parent

0

0

Price

2006 2008 2010 2012

2004 2006 2008 2010 2012

Price

26000 Manning & Napier World Opportunities A EXWAX

Fund Return % 123.96

CategoryReturn %

122.27

19500

19,500

QQQ

Œ

13000

13,000

∞ Positive ∞ Positive ∞ Positive ∞ Positive ¶ Neutral

Process

Performance

6500

6,500

People Parent

0

2009 2010 2011 2012 2013 2014

Price

Return data through May 31, 2014.

Made with