LIMCX: Profile for LATEEF FUND CLASS C

Lateef, (Senior Portfolio Manager) is the managing General Partner of Lateef Management Associates. He joined the Trust Investment Department of the Bank of America in 1959 as a securities analyst. In 1964, Lateef joined Glore Forgan, Wm. R. Staats, Inc., which later merged with F.I. Dupont. He joined Hambrecht & Quist, in 1970, as General Partner in charge of research. In 1974, he formed the investment advisory firm of Lateef Management Associates.

INVESTMENT INFORMATION

Min Initial Investment:	$5,000
Min Initial Investment, IRA:	NaN
Min Initial Investment, AIP:	$1,000
Min Subsequent Investment:	$250
Min Subsequent Investment, IRA:	N/A
Min Subsequent Investment, AIP:	$150

LIMCX can be purchased from brokerages.

FUND SUMMARY

The investment seeks to provide principal preservation and long-term capital appreciation is a secondary consideration. The fund normally invests in the common stocks of approximately 15 to 25 mid-and large-cap companies (market capitalizations greater than $1 billion) with a sustainable competitive advantage. It may from time to time purchase a common stock that does not meet these criteria if the stock represents a particularly attractive investment opportunity. The fund may invest 25% or more of net assets in one or more industries. It is nondiversified.

FUND OPERATIONS

Last Dividend	YFT_NOT_APPLICABLE_ABBREVIATION
Last Cap Gain (12-Dec-07):	0.00
Annual Holdings Turnover	51.89%
Average for Category:	112.30%

FEES & EXPENSES

Expense	LIMCX	Category Avg
Total Expense Ratio:	%	1.33%
Max 12b1 Fee:	%	N/A
Max Front End Sales Load:	%	5.43%
Max Deferred Sales Load:	%	2.62%
3 Yr Expense Projection*:	$ YFT_NOT_APPLICABLE_ABBREVIATION	$670
5 Yr Expense Projection*:	$ YFT_NOT_APPLICABLE_ABBREVIATION	$1,047
10 Yr Expense Projection*:	$ YFT_NOT_APPLICABLE_ABBREVIATION	$2,062

* Per $10,000 invested

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