Investment Objective

The Small Cap Portfolio seeks maximum capital appreciation, consistent with reasonable risk to principal by investing primarily in small market capitalization (small cap) companies.

Investment Strategy

The Small Cap Portfolio normally seeks to achieve its objective by investing at least 80% of its net assets in securities of companies with market capitalizations which, at the time of initial purchase, fall within the range of companies in the Russell 2000 Index at reconstitution each June. The advisor believes that there are greater pricing inefficiencies for small cap companies than larger capitalization securities.

Investment Team

Fund Profile Download

Complete Holdings Download

Ticker Symbol RHJMX CUSIP: 00758M196 Inception Date: November 1, 1996 Fund Assets (as of 1/31/12) $141 million Minimum Investment: $2,500 $500 IRA Min. Subsequent Inv: $100 Load: No Load Total Expense Ratio: 1.51% The Adviser has voluntarily agreed to reduce fees and reimburse expenses in order to keep total annual Fund operating expenses of the Fund (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses, and extraordinary expenses) from exceeding 1.50% of the Fund’s average daily net assets. Waivers may be discontinued at any time. In the absence of current fee waivers, total return and yield would be reduced. As of February 21, 2012 Share Price $13.66 Change -0.09 Year-to-Date Performance 9.98% As of December 31, 2011 1 Year 8.81% 3 Year 24.29% 5 Year 4.91% 10 Year 5.11% Since Inception 8.44% Inception Date November 1, 1996	As of 1/31/12 MENS WEARHOUSE 2.9% RUSH ENTERPRISES -CL A 2.8% PARAMETRIC TECHNOLOGY COR 2.7% ALLEGIANT TRAVEL CO 2.7% OSI SYSTEMS INC 2.6% FEI COMPANY 2.5% ALLSCRIPTS-MISYS HEALTH 2.5% CINEMARK HOLDINGS INC 2.4% HANGER ORTHOPEDIC 2.3% MIDDLEBY CORP 2.3% Holdings are subject to change. As of January 31, 2012 1 Year 14.64% 3 Year 29.83% 5 Year 5.69% 10 Year 5.86% Since Inception 8.73% Inception Date November 1, 1996
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. All returns for periods greater than one year are annualized.
Account value if you reinvested income and capital gains $35,835 Account value if you took income and capital gains in cash $13,030 Past performance is no guarantee of future results. The information used in this chart is hypothetical and is used for illustrative purposes only.