Fund Strategies

Front 1

Mutual Shares

Back 1

- seeks capital appreciation, with income

as a secondary goal.

- focused on undervalued mid- and large-cap stock with viable catalysts

- invest up to 35% in foreign assets

Front 2

Rising Dividends

Back 2

- high quality companies that have consistently paid increasing dividends

- increase dividend 8/10 previous years; no decrease

- doubled DIV over last 10 years

- reinvest at least 35% of earnings in future growth

- strong balance sheet; no more than 50% LT debt

- attractive price: lower P/E ratio

Front 3

Focused Core Equity

Back 3

- equity securities of 20-50 companies

- diversified across sectors & industries

- BLEND of value & growth

- growth potential, valuation, and risk

Front 4

Balanced Fund

Back 4

- HYBRID
- bottom up process

- high quality, blue chip, DIV paying stocks

- bonds at least 90% above investment

- investment grade alternative to 109

Front 5

Franklin Income

Back 5

- maximize income, secondary goal capital
appreciation

- freedom to invest across asset classes

- shift between equity and fixed income to where we are finding the best opportunities

Front 6

Global Balanced 325

Back 6

- HYBRID

- Invest in global DIV paying stocks and global bonds

- value on global scale

- companies at 60-80 cents on the dollar

Front 7

Adjustable US govt

Back 7

- invests at least 80% of its net assets in ARMS and other mortgage securities with interest rates that adjust periodically to reflect prevailing market interest rates

- securities issued or guaranteed by the U.S. govt & its agencies

- FNMA, Freddie Mac, some GNMA

Front 8

Floating rate Daily access

Back 8

- senior secured bank loans

- high level of income & preservation of capital

- positioned for rising interest rates

- monthly DIV

Front 9

High Income

Back 9

- generally invested in domestic and foreign high-yield, lower-rated corporate bonds (commonly called junk bonds).

- monthly DIV payer

Front 10

Low Duration Total Return

Back 10

- short duration, high quality securities across investment grade debt sectors

- govt & corporate debt

- mortgage backed securities

- targeting an average portfolio duration of three years or less

Front 11

Strategic Income

Back 11

- multi-sector fixed income approach that has the flexibility to invest inall 10 sectors of the fixed income market with the ability to go global ordomestic

- invests at least 65% of its assets in U.S. and foreign debt securities.

Front 12

Total Return

Back 12

- multi- sector approach - all 10 FI sectors

- high quality debt & diversification

- govt & corporate debt securities

- mortgage & asset backed securities

Front 13

Global Bond

Back 13

- strategy is income with focus on total return

- 75% above investment grade

- at least 80% of its net assets in bonds of governments and government agencies located anywhere in the world.

- long term risk adjusted returns in diverse market conditions

Front 14

Global Total Return

Back 14

- multi-sector global bond fund

- higher potential for total return bc it can invest in both sovereign & corp. debt

- up to 50% in sub investment grade

Front 15

Real Return

Back 15

- fund allocates its investments among:

- inflation-protected securities

- investment grade and high-yield fixed income securities

- mortgage-backed and asset-backed

- equity securities with high correlation to broad measures of inflation, including REITS

Front 16

HYBRID

Back 16

Equity + Fixed income

Front 17

BLEND

Back 17

Growth + Value

Front 18

US Govt Securities

Back 18

- 100% AAA

- Primarily in GNMA

- monthly DIV

Front 19

3 C's: Curve

Back 19

- Manage for interest rates & duration exposure

- short term duration positions for rising rates

- lower volatility

Front 20

Global Bond 3 C's

Back 20

Curve

Currency

Credit

Front 21

3 C's: Currency

Back 21

- typically invest in local currencies

- hedge currency exposure based on valuations

Front 22

Growth Opps

Back 22

- invest in industry leaders

- criteria of growth, quality, valuation
- Multi-cap strategy

- demonstrating accelerating growth,

- increasing profitability

- above average growth or growth potential

Front 23

Dyna Tech

Back 23

- seeks growth
- leaders in innovation

- sustainable earnings & cash flow growth

- competitive in active markets

- new technologies & superior mgmt

- tech, medicine, communications

Front 24

Tmp Growth

Back 24

- seeks LT capital growth

- invests in company equity anywhere in world

- includes EM

- value

Front 25

Utilities

Back 25

- capital appreciation & current income

- quarterly DIV

- securities of public utility companies

- low turnover, predictable earnings

Front 26

Convertible Securities

Back 26

- quality companies selling at discount to IV

- participate in upside potential of the underlying common stock

- potentially less downside risk due to fixed income characteristics

Front 27

Equity Income

Back 27

- maximize total return with reasonable risk

- 80% net assets in equity securities with consistent dividends that cushion against price declines & contribute to total return

- diversified across industries & asset classes: some convertibles