U.S. Small Cap Value This product draws its holdings from U.S. companies with market values typically under $2 billion and generally considered to be compared to the Russell 2000. Case for Small Cap Investing View Video > U.S. Small Cap Value 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, 2008 YTD 1 Year 3 Years 5 Years Since Inception Inception Date1 12/31/02 Epoch Gross Return -7.6% -11.3% 5.4% 11.4% 12.7% Epoch Net Return -8.1% -12.1% 4.3% 10.3% 11.6% Russell 2000 -9.4% -16.2% 3.8% 10.3% 12.6% Russell 2000V -9.8% -21.6% 1.4% 10.0% 12.1% Risk Statistics Since Inception (December 31, 2002 - June 30, 2008)2 Annual Standard Deviation Sharpe Ratio Information Ratio Alpha Beta R-Squared Epoch 11.9 0.8 Epoch vs. Russell 2000 14.9 0.7 Russell 2000 0.0 3.5 0.7 0.8 Russell 2000V 14.2 0.7 Russell 2000V 0.1 3.7 0.7 0.8

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. © 2008 Epoch Investment Partners, Inc.