International Small Cap This strategy draws almost all of its holdings from small cap companies outside the U.S., with "small cap" defined as companies with market capitalization in the bottom 20% of the publicly traded companies in each country where the strategy is applied. Our approach results in a weighted average market capitalization and a weighted median market capitalization in-line with the benchmark (S&P EPAC Small Cap Index). International Small Cap Performance Select Other Products U.S. All Cap Value U.S. Value U.S. Small Cap Value U.S. SMID Cap Value U.S. Choice International Small Cap Value Global Small Cap Global Choice Global Equity Shareholder Yield Global Absolute Return Epoch Mutual Funds As of June 30, 2010 YTD   1 Year 3 Years 5 Years Since Inception Inception Date1   01/31/05   Epoch Gross Return -9.3%   18.2% -10.3% 6.5% 6.8% Epoch Net Return -9.5%   17.1% -11.1% 5.5% 5.8% S&P EPAC SmallCap Index -11.0%   11.6% -12.9% 2.7% 2.8% MSCI World ex USA Small Cap (Net) -11.1%   15.7% -12.4% 1.7% 2.0%   Risk Statistics Since Inception (January 31, 2005 - June 30, 2010)2 Annual Standard Deviation Sharpe Ratio Information Ratio Alpha Beta R-Squared Epoch 21.9 0.2 Epoch vs. S&P EPAC SmallCap Index 22.0 0.0 S&P EPAC SmallCap Index 0.8 4.0 1.0 0.9 MSCI World ex USA Small Cap (Net) 22.5 0.0 MSCI World ex USA Small Cap (Net) 1.0 4.7 1.0 1.0

Click here for Schedule of Fees. 1See End Notes (Download Adobe Acrobat Here) for further information and composite performance disclosure. 2The risk statistics are shown as supplemental information only and complement the Composite presentation which is located within the Performance Disclosure section of the End Notes. Additional information regarding policies for calculating and reporting returns is available upon request. Past performance is no guarantee of future results. © 2010 Epoch Investment Partners, Inc.