We are one of just a few mutual fund companies that reports individual investment performance. You will receive a graph and table that illustrate your performance since you began investing in FAM Funds. Your quarterly statement also details the account balance and transaction history. Statements include:

• Previous Year-End Market Value and Previous Quarter Market Value.
• Total Cost Basis - the sum of your investments into the Fund, less withdrawals, including any reinvested distributions.
• Average Cost Per Share - your average purchase price of Fund shares, which includes any reinvested distributions.
• Average Annual Total Return Since Inception - your personal performance history with the Fund calculated from the day your account was opened with us.
• YTD Return - the performance of your account since the first business day of the current calendar year.
• Trailing 12 Month Return - your account's performance for the prior twelve months.
• Performance Graph - indicates the amount you have invested in the Fund (Net Investment line with Xs) along with the Market Value (line with boxes) which factors in the Fund's performance.
• Your Historical Investment Summary - details the equation used to calculate the Current Value of your account. It begins with your Initial Investment in the Fund, adds any Additions, subtracts any Withdrawals, and then adds the Fund's performance (Change in Account Value) to arrive at your account's Current Value.