U.S. SMID Cap Value The U.S. SMID Cap Value strategy typically consists of common stocks of companies whose market capitalizations primarily fall within that of the Russell 2500 index. U.S. SMID 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, 2010 YTD 1 Year 3 Years Since Inception Inception Date1 08/31/06 Epoch Gross Return -10.8% 19.0% -7.2% -0.9% Epoch Net Return -11.0% 17.8% -8.1% -1.9% Russell 2500 -10.0% 24.0% -8.0% -1.8% Russell 2500V -10.2% 26.5% -9.3% -3.5% Risk Statistics Since Inception (August 31, 2006 - June 30, 2010)2 Annual Standard Deviation Sharpe Ratio Information Ratio Alpha Beta R-Squared Epoch 21.2 -0.1 Epoch vs. Russell 2500 23.0 -0.2 Russell 2000 0.2 0.6 0.9 1.0 Russell 2500V 23.4 -0.2 Russell 2000V 0.4 2.0 0.9 0.9

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