Simfund MF Database

Overview & Functionality

Table of Contents
Overview of Simfund MF Asset & Flow Data Morningstar Data Lipper Data Graphs Benchmark Index Returns Fee & Expense Data Prospectus Data Service Provider Data Views Links to Simfund Filing 3 4 5 6 9 14 15 17 21 22 23

Whats Included In Simfund MF?

Simfund MF Includes Data on All US Registered Mutual Funds, ETFs and Closed-End Funds Including: Total Assets & Net New Flows Morningstar Data
Classifications, Performance, Star Ratings, Rankings, Investment Statistics, and MPT Statistics

Lipper Data (150+ Data Items)

Classifications, Performance, Leader Scores, Survivorship-Bias Free Rankings, Statistics, and Link to Lippers Fund Fact Sheets

Fee & Expense Data

Key Expenses and Operating Expenses, both current and historical, Advisory Contract Details

Prospectus Data
Fees, Sub-Advisors, Benchmarks

Service Provider Data

Advisor, Administrator, Auditor, Custodian, Legal Counsel, Sub-Advisor, Transfer Agent

Pre-Stored Graphs & Reports

3

Asset & Flow Data (At Share Class Level)

Fund Assets
Historical Data monthly to Dec 1992, quarterly to Q1 1988, annually to 1985

Net New Flows

Monthly net flows collected directly from manager for many funds Proprietary calculation utilized to estimate net flows for funds not directly reported to Strategic Insight Historical Data monthly to Jan 1993, quarterly to Q1 1988, annually to 1988

Data Aggregation
Ability to aggregate data to various levels of micro or macro industry analysis Fund Share Class Portfolio (Combines All Share Classes) Manager Service Providers (Sub-Advisor, Custodian, Transfer Agent, etc.) Morningstar / Lipper Categories Various Fund Types / Asset Classes / Objectives Specialty Fund Structures (ETFs, Fund of Funds, Lifecycle, Index, SRI, etc.)

Morningstar Data
Morningstar Data Points
Categories (Current and Historical) Performance Monthly Total Return Data for 10 Years Category Rankings Morningstar Category Average and Index Total Returns Star Ratings (Current and Historical) Portfolio Composition Details on Fund Holdings Including Style, Market Cap, Country, Region, Equity Sectors, Fixed-Income Ratings, Valuations Metrics MPT Statistics Alpha, Beta, R-Squared, Sharpe, Treynor, etc. Top 10 Holdings Name of Security, % of Funds Assets, Ticker Symbol, CUSIP Portfolio Manager Information Up to 5 Managers: Start Date, Tenure, Biographical Info

Lipper Data
Lipper Data Points
Classifications (Current and Historical) Performance Rankings (Survivorship Bias-Free Rankings) Lipper Indices Lipper Leader Scores Asset Composition Lipper Flags MPT Statistics

Link to Lippers Fund Fact Sheets

Link directly from Simfund to pre-formatted PDF fund fact sheets from Lippers website

Early Update for Lipper Performance

Includes Performance and Rankings Released 5th business day of each month vs. 9th business day for full dataset
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Multi Source Data Integration

Strategic Insight Asset & Flow Data
6/07 Assets $MM 7,519 8,703 2,490 1,305 6,088 635 197 57 48 77 563 35 45 107 163 4,463 2 2 1 105 1 1 1 1 1,996 39 92 171 168 165 Net New Flows ($MM) 2005 2006 Ytd-6/07 -39 549 2,077 -27 1,694 1,264 50 246 522 -2 230 316 632 194 166 -64 -25 90 25 48 53 4 51 0 8 37 6 9 12 130 70 11 -1 0 10 0 22 10 15 25 6 36 44 3 -408 -1,028 3 2 0 0 2 1 -26 -16 0 1 0 0 0 0 0 1 0 1 0 0 -227 -234 -1 -13 -8 -1 -19 -18 -3 -65 -27 -5 -58 -43 -6 -101 -47 -13

Morningstar Data
Jun'07 Mstar Rating 5 5 5 5 3 3 Lipper Classification Multi-Cap Core Intl Multi-Cap Growth Large-Cap Growth Intl Multi-Cap Growth Mid-Cap Value High Current Yield Multi-Cap Growth Long/Short Equity Multi-Cap Core Large-Cap Core Multi-Cap Core Small-Cap Core Multi-Cap Core Mid-Cap Value Multi-Cap Growth Large-Cap Growth Mid-Cap Growth Loan Participation Mid-Cap Growth Intl Multi-Cap Growth Multi-Cap Value Small-Cap Growth High Current Yield Mid-Cap Growth Intmdt Inv Grade General Muni Debt Short Inv Grade Global Multi-Cap Value Large-Cap Growth Total Ret % 38.58 43.91 21.90 41.73 22.00 11.01 29.25 36.35 16.57 14.73 17.29 14.33 21.97 13.92 27.70 26.55 24.13 19.00 25.05 10.86 24.65 5.65 3.06 5.12 28.54 20.02

Lipper Data (Classifications, Returns, Ranks, Class Averages, etc.)

1 Year as of 6/07 (Lipper) Class Quintile Fund # Funds Total Avg % Rank Rank in Class Ret % 19.24 1 2 849 26.17 27.48 1 1 207 38.82 16.37 1 37 717 15.56 27.48 1 4 207 37.83 22.33 3 138 297 15.18 10.52 2 149 447 8.33 18.72 1 19 514 14.67 19.24 1 4 849 19.59 5 674 806 14.85 19.24 5 766 849 12.41 16.51 2 269 732 14.58 19.24 5 776 849 12.33 22.33 3 140 297 15.03 18.72 5 438 514 8.49 16.37 1 1 717 12.87 18.83 6.81 18.83 27.48 20.53 16.87 10.52 18.83 5.54 4.12 4.97 26.98 16.37 1 1 4 1 2 1 3 5 2 1 1 34 99 293 33 164 81 233 222 84 8 116 608 608 424 566 447 608 522 236 232 50 717 16.41 3 Years as of 6/07 (Lipper) Class Quintile Fund # Funds Avg % Rank Rank in Class 12.11 1 1 644 21.80 1 1 148 8.14 1 3 614 21.80 1 2 148 16.35 4 147 232 8.12 3 163 376 11.41 10.16 12.11 10.62 1 15 671 12.11 3 319 644 13.67 2 174 564 12.11 3 329 644 16.35 4 152 232 11.41 5 330 410 8.14 1 11 614 13.20 5.06 13.20 21.80 13.84 11.65 8.12 13.20 3.54 4.08 3.04 20.91 8.14

Fund Name Janus Contrarian Fund Janus Overseas Janus Adv Forty -S Janus Adv Intl Growth -S Janus Mid Cap Value -Inv Janus High Yield Bond Janus Global Research Janus Adv Long/Short -A Janus Adv Contrarian -A Janus Adv Fundamental Equity-S Janus INTECH RiskMgd Stock Janus Adv Small Company Val -S Janus Adv INTECH RiskMngd Cr-S Janus Adv Mid Cap Value -S Janus Adv INTECH RiskMngd Gr-S Janus Research Janus Adv INTECH RiskMgdIntl-A Janus Adv Orion -A Janus Adv Float Rate Hi Inc -A Janus Adv Mid Cap Growth -S Janus Adv Intl Equity -A Janus Adv INTECH RiskMngd Vl-A Janus Adv Small Mid Growth -A Janus Adv High Yield -A Janus Enterprise Janus Adv Flexible Bond -S Janus Federal TxEx Janus Short Term Bond Janus Glbl Opportunities Janus Adv Large Cap Growth -S

5 4 3 4 3 3 4

72

485

3 3 2 3 2 3

16.21 3.37 3.28 3.10 12.42 8.55

1 4 5 2 5 3

85 278 182 78 38 274

485 450 221 195 38 614

Early update for Lipper performance and rankings is available on the 5th business day of each month.
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Lipper Data Link to Fund Fact Sheets

Use Lippers Fund Fact Sheets for a quick fund overview.

Extensive Graphing Capability

A full range of pre-stored graphs in Simfund allows you to run analysis on assets and flows, risk/return characteristics, fees and expenses and portfolio composition.
American Funds - Equity Funds YTD Flows & 3Yr Risk/Return w/in Mstar Ctg as of Sep'07 100%
New Economy Growth Fund of America Fundamental Investors

Small Cap World Income Fund of America

Lower < 3 YR RELATIVE RETURN > Higher

80%
Europacific Growth

Capital World Growth & Income

60%

Investment Company of America

New Perspective Capital Income Builder

American Balanced

40%

AMCAP

Endowments Growth & Income Washington Mutual American Mutual

20%
New World

BLUE Bubble = Inflows RED Bubble = Outflows Bubble Size = Net Flow $

0% 100%

80%

60%

40%

20%

0%

Lower < 3 YR DOWNSIDE RISK > Higher

Morningstar Graphs
First Am Mid Cap Growth Opport
Portfolio Opportunity Profile by Morningstar Category as of Sept '07
Historical Assets and Flows
Net New Flows (SI) Total Assets (SI)

Monthly Cash Flows as a % of Assets

Portfolio (SI) Avg of Mstar Category (SI) Avg of SI Fund Type (SI)

Lower < 3 YR Relative RETURN > Higher

Lower < 3 YR Relative RETURN > Higher

Use the Portfolio Opportunity Profile to analyze a fund relative to its Morningstar Category, Lipper Class or SI Objective peer group.

2.50

600

1.50
1.88 450

1.00 Flows as % Assets 0.50 0.00 -0.50 -1.00 -1.50 Sep'06 Dec'06 Mar'07 Jun'07 Sep'07

Net New Flows - $MM

Total Assets - $B

1.25

300

0.63

150

0.00

-0.63

-150

-1.25 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Ytd9/07

-300

100%

12/03 12/02

Risk vs. Return Consistency 3-Year Periods Relative to Morningstar Category 12/04 12/06 12/05
80% 100%

Latest 3-Month Flows vs. Risk/Return Positioning Relative to Morningstar Category

80%

9/07

$ 29 MM

60%

60%

12/01
40%

40%

20%

20%

0% 100% 80% 60% 40% 20% 0%

0% 100%

80%

60%

40%

20%

0%

Lower < 3 YR Relative Downside RISK > Higher

Lower < 3 YR Relative Downside RISK > Higher

Annual Total Returns

Portfolio (SI) 70 60 50 40 % Return 30 20 10 0 -10 -20 -30 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Ytd9/07 Avg of Mstar Category (SI)

Facts as of 9/07
Morningstar Category Lipper Classification SI Objective Prospectus Benchmark - 1st SI Fund Type Total Assets Net New Flows - YTD Annualized Returns: 1 Yr 3 Yr 5 Yr 10 Yr Lipper Leader Consistent Return Morningstar Rating Sharpe Ratio 3Yr Beta (S&P 500) 3 Yr Mid Growth Mid-Cap Growth Midcap Equity Russell Mid Cap Growth Equity $ 1.96 B $ 27 MM

26.80% 19.93% 20.88% 10.07% 1 1.32 1.24

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Morningstar Investment Profile

Dodge & Cox Stock Morningstar Investment Profile
Fund Information Morningstar Rating Category NASDAQ Ticker Inception Date Closed to All Investors Closed to New Investors Composition% US Stocks Non-US Stocks US Bonds Non US Bonds Preferred Convertible Cash Other Stock % Large Mid Small Value 32% 5% Blend 29% 2% 77.6% 18.1% Net New Flows $MM Assets $MM Overall Star Rating Category Ann. Total Return % Category Average% +/- Difference 2002 6,051 14,036 2003 9,357 29,437 2004 7,360 43,266 2005 4,637 52,184 2006 4,161 66,186 Ytd-6/07 998 71,977

Large Value DODGX 1/4/1965 No Yes

LV -10.5% -18.0% 7.4%

LV 32.3% 28.7% 3.6%

LV 19.2% 13.2% 6.0%

LV 9.4% 5.9% 3.5%

LV 18.5% 18.2% 0.3%

LV 7.2% 9.2% -2.0%

4.4%

Total Return % Percentile Rank Fund Rank # of Funds

1 Month -1.5% 39 461 1,454 3 Year

6 Months 7.2% 50 586 1,424 5 Year High Avg 4.20 0.93 87.3 1.01 12.81

1 Year 19.7% 68 765 1,346 10 Year High Avg 6.37 0.76 66.6 0.69 12.34

3 Years 16.0% 15 134 1,099 Overall High Avg

5 Years 14.8% 6 41 830

10 Years 13.1% 1 3 392

Growth 31% 1%

Morningstar Ratings Morningstar Return Morningstar Risk Alpha vs. (S&P 500) Beta (S&P 500) R2 (S&P 500) Sharpe Ratio Treynor Ratio

Above Avg Avg 4.30 0.94 86.0 1.52 12.81

Sectors % Hardware Software Media Telecom Consumer Services Healthcare Business Services Financial Services Industrial Materials Energy Consumer Goods Utilities 10.25% 3.29% 10.77% 2.77% 8.61% 15.13% 4.80% 13.80% 13.38% 9.96% 6.50% 0.74%
Information Services

Manufacturing

Price/Earning Price/Book Price/Cash Flow Price/Sales Avg Market Cap $MM

14.96 1.74 8.95 1.13 49,608

Statistics Asset in top 10 Holdings % Number of Stocks Number of Bonds Turnover Ratio

29.1% 81 14.00

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Morningstar Scorecard
Mixed Equity Funds
Mix-Asset Targ 2010
Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
Price Retirement 201 Price Retirement 200 5 5 726.4 122.8 3,836 801 16.62 14.73 11.13 9.93

Mix-Asset Targ 2020

Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
Price Retirement 2020 Price Retirement 201 5 4 1,297.1 646.1 5,654 2,830 19.65Sector Equity Funds 12.92 Price Retirement 203 18.19 12.03 Price Retirement 202

Mix-Asset Targ 2030

Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
5 5 876.1 599.5 3,779 2,564 21.66 20.77 14.36 13.63

Financial Services
Mstar Flows Assets Returns as of 6/07 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07
Price Financial Servic Mix-Asset Targ 2030+ 4 -4.6 465 17.49 13.05Mix-Asset Targ 2050+ 12.43 Price Health Sciences

Health/Biotech
Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
4 86.0 1,948

Natural Resources
Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
4 285.0 5,725 26.12 30.66 23.27

Core Domestic Equity Equity 20.30 12.11 Long/Short Portfolios 14.75 Price New Era

Mstar Flows Assets Returns as of 6/07 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07
Price Retirement 204 Price Retirement 203 Price Retirement 204 Price Retirement 205 Price Retirement 205 5 5 517.3 345.4 149.7 23.2 16.8 1,942 1,261 412 25 18 21.87 21.84 21.81 14.44 14.40
Price Instl Large Cap

Mstar Flows Assets Returns as of 6/07 RatingValue Ytd-6/07 6/07 1 Year 3 Year 5 Year
Returns as of 6/07 Mstar Flows Assets 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07
4 15.3 0.0 257 7 23.24 14.70 13.19 Price Capital Opportu

Mstar Flows Assets Returns as of 6/07 Rating Core Ytd-6/07 6/07 1 Year 3 Year 5 Year
Returns as of 6/07 Mstar Flows Assets Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
3 -0.6 244 21.43 11.70 11.08 Price Growth Stock

Growth
Returns as of 6/07 Mstar Flows Assets Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
24,559 11,237 66 32 22.89 20.87 15.07 20.96 12.38 10.34 6.09 9.02 11.90 10.34 7.11

Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year

Large-Cap

Price / Strategies Options Arbitrage Instl Concntrt L

Real Estate
Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
4 337.2 2,523 11.04 23.09 Mix Tgt Alloc Con 50 20.47 Price Equity Index

Price Blue S&P 500 Index Chip Grow

Mstar Rating Ytd-6/07

3

5 3,662.2 4 614.7 2 -1.0 Price Tax Efficient G as Flows Assets Returns3 of 6/07 Price Instl Large Cap -17.0

6/07 1 Year 3 Year 5 Year

9,270 20.18 11.33 10.40

Mix Tgt All Gro

Price Real Estate Mix Tgt All Mod

953.5

Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
Price Persnl Strategy Price Balanced Price Persnl Strategy Price Persnl Strategy 5 4 5 4 49.2 146.7 65.2 33.9 684 3,210 1,230 1,500 13.53 17.22 20.51 17.15 9.20 11.16 13.61 11.47

Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year

Mstar Flows Assets Returns as of 6/07 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year

9.18 Price Retirement Inco 4 172.4 1,138 12.37 8.33 10.20 Price Tax Efficient B 3 -2.4 39 10.82 5.40 6.06 Returns as of 6/07 Returns as of 6/07 Returns as of 6/07 Mstar Flows Assets Mstar Flows Assets Mstar Flows Assets 12.81 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07 11.16 Price Value 4 1,061.2 8,176 24.68 15.36 Specialty & Misc 13.35 Price Instl Large Cap 4 557.6 1,180 18.53 9.62 11.78 Science & Tech Sector Equity Funds 5 25.5 3,866 23.23 15.44 14.20 Price New America G 3 -44.2 834 18.79 8.83 10.58 Price Spectrum Grow Returns as Mstar Flows Assets Returns as of 6/07 Mstar Flows AssetsEquity Mk 4 of 6/0719.9 Mstar 11.69 Flows Assets Returns as of 6/07 521 20.07 12.57 Price Total Price 6/07 1 Grow 4 -27.2 915 22.18 Rating Ytd-6/07 12.53 10.42 Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07 Dividend Year 3 Year 5 Year 6/07 1 Year 3 Year 5 Year -207.6 1,574 21.05 11.10 9.89 Price Growth & Incom 3 Price Global Technol 4 4.9 157 24.28 11.27 15.28 -3.5 51 22.69 9.11 12.59 Price Developing Tec 3 3 -336.3 3,193 26.19 7.45 10.70 Price Science & Tech

Multi-Cap

Specialty Dvsfd Eq
Mid-Cap

Returns as of 6/07 Mstar Flows Assets 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07 Telecommunication

Returns as of 6/07 Mstar Flows Assets Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year Utility
8,649 420 26.37 19.27

Returns as of 6/07 Mstar Flows Assets Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
107 40 453 17,426 18.85 16.96 21.90 21.46 12.40 9.60 16.22 15.77 10.91 15.86 15.25

Mstar Flows Assets Returns as of 6/07 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07
Price Media & Teleco

Mstar Rating Ytd-6/07

5

Price Mid Cap Value 5 382.1 Flows Assets Eqty M 4 of 6/0741.6 Price Extended Returns as

6/07 1 Year 3 Year 5 Year

1,995 39.61 26.67 29.63

272.9

16.89 16.57 Price Diversified Mid 3 7.6 as Mstar 15.92 PriceAssets Returns2 of 6/07-0.4 Flows Tax Efficient M 15.66 4 -39.5 Price 6/07 1 Cap E Rating Ytd-6/07 Instl Mid Year 3 Year 5 Year 4 -311.5 Price Mid-Cap Growt

Returns as of 6/07 Mstar Flows Assets 6/07 1 Year 3 Year 5 Year Rating Ytd-6/07

Returns as of 6/07 Mstar Flows Assets Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
Price Instl Small Cap Price Small Cap Valu Price Small Cap Stock 3 4 3 -29.7 -35.7 -289.4 441 6,601 7,951 14.41 14.30 14.42 13.56 15.94 13.29 13.30 Price Diversified Sm 15.86 Price New Horizons 12.75

Returns as of 6/07 Mstar Flows Assets Rating Ytd-6/07 6/07 1 Year 3 Year 5 Year
3 4 -6.8 -97.3 92 7,536 15.64 15.20 9.95 12.96 11.53 15.29

View a managers entire product line using Morningstar Categories or Lipper Classifications.

Small-Cap

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Lipper Graphs
Alger Capital Appreciation - A vs. M ulti-Cap Growth Funds Trailing Returns as of 6/07 (Primary Class Only)
50.0 45.0 40.0
40.0 20.0 0.0 -20.0 -40.0 -60.0 -80.0

Alger Capital Appreciation - A vs. M ulti-Cap Growth Funds Rolling 3 Year Returns (Primary Class Only)

35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 YTD

1st Quintile 2nd Quintile

1 Year
3rd Quintile

3 Year
4th Quintile

5 Year
5th Quintile

10 Year

3 Year Total Return (LI) - %

Total Return (LI) - %

12/02
1st Quintile

12/03
3rd Quintile

12/04
4th Quintile

12/05
5th Quintile

12/06

6/07

Alger Capital Appreciation -A

2nd Quintile

Alger Capital Appreciation -A

Access additional graphs that use Lipper data. For example, floating bar charts compare the performance of an individual fund to the performance range of its Lipper peer group. You can also create your own peer groups in Simfund MF.

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Benchmark Index Returns

Performance Data on Over 900 Indices Ability To View Benchmark Returns Alongside Fund Returns Benchmark Providers
MSCI Barra Russell Standard & Poors Morningstar Lipper

14

Fee & Expense Data

Researched From Audited Annual Report Key Expenses (both as % of AUM and $ amount)
Advisory Fee Sub-Advisory Fee Administration Fee 12b-1 Fee Reimbursements Total Expense Ratio Auditor Fee Transfer Agent Fee Custodian Fee More Detailed Fee Breakout

Operating Expenses (both as % of AUM and $ amount)

Advisory / Administrator Fee Contract Data

Advisory / Administrator Fee Contract Breakpoint Schedules Hypothetical Breakpoint Fee Schedules

12b-1 Details
15

Fee & Expense Analysis

Morningstar Mid Cap Growth Category Hypothetical Advisory Fees by Portfolio with Benchmarks
1.100

1.000

Hypo Advisory Fee % (SI)

0.900

0.800

0.700

0.600

0.500 100 1,000

Asset Level $MM

10,000

100,000

80th Percentile

Median

Average

20th Percentile

First Am Mid Cap Growth Opport

Conduct a wide range of fee and expense analysis in Simfund. For example, you can compare a funds hypothetical advisory fee schedule to its peer funds.

16

Prospectus Data
Prospectus Fees
Management Fee expense data from the the audited Expense Waivers Annual Report. 12b-1 Fee Total Expense Ratio Underlying Funds Composite Expense Ratio (Fund of Funds)
Prospectus data complements fee and

Advisory / Sub-Advisory Fee Contract Data

Advisory / Sub-Advisory Fee Contract Breakpoint Schedules Hypothetical Breakpoint Fee Schedules

Stated Performance Benchmarks Breakout of Multiple Sub-Advisors Date of Latest Prospectus or Supplement Link to SEC Documents (i.e. Latest Prospectus)

17

Prospectus Data - Prospectus Fees

The prospectus fee data complements the fee data from the audited annual report. This allows users to view fee data for newer funds and obtain forward looking expense information. View the underlying funds composite expense ratio for Fund of Funds.

Fund Name Franklin Tmpl Founding All-A Franklin Tmpl Coreflio -A Franklin Tmpl Modrt Trgt -A Franklin Tmpl Growth Trgt -A Franklin Tmpl Perspct Aloc-A Franklin Tmpl Consrv Trgt -A FranklinTmpl 2025 RtrmTrgt-A FranklinTmpl 2015 RtrmTrgt-A FranklinTmpl 2035 RtrmTrgt-A FranklinTmpl 2045 RtrmTrgt-A Franklin Income Series -A Templeton Growth -A Mutual Shares -Z Franklin CA TxFr Income -A Templeton Foreign Series -A Templeton World -A TIFI Foreign Equity Series Franklin Federal TxFr Inc -A Franklin Small-Mid Cap Gro-A Franklin Hi Yield TxFr Inc-A

6/07 Total Assets $MM 9,810 509 443 367 223 217 4 3 2 2 34,589 29,531 13,671 12,920 12,371 9,638 8,428 6,547 5,583 5,252

Management Fee %

Expense Waiver % 0.07 0.15

Other Fee % 0.22 0.30 0.22 0.26 0.37 0.24 3.53 6.33 8.41 8.62 0.09 0.23 0.27 0.04 0.32 0.21 0.14 0.07 0.26 0.06

12b-1 Fee% 0.35 0.35 0.25 0.25 0.35 0.25 0.35 0.35 0.35 0.35 0.15 0.25 0.09 0.25 0.24 0.09 0.25 0.10

Underlying Fund Exp % 0.70 0.75 0.75 0.82 0.77 0.68 0.85 0.82 0.89 0.89

Total Exp % 1.20 1.25 1.47 1.32 1.27 1.18 1.35 1.32 1.39 1.39 0.64 1.05 0.84 0.58 1.16 1.06 0.81 0.61 0.96 0.62

Prospectus Update Date 6/22/2007 4/27/2007 6/22/2007 6/22/2007 6/22/2007 6/22/2007 6/22/2007 6/22/2007 6/22/2007 6/22/2007 1/26/2007 12/28/2006 6/29/2007 12/14/2006 4/27/2007 12/15/2006 4/27/2006 12/14/2006 12/14/2006 6/27/2007

Fund of Funds

0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.40 0.57 0.57 0.45 0.59 0.61 0.68 0.45 0.46 0.46

0.26 0.22 0.24 3.63 6.43 8.51 8.72

Regular Funds

0.01 0.01

18

Prospectus Data Stated Benchmarks

Portfolio Name Baron Partners Meridian Growth Longleaf Partners Small Cap Baron Asset Fidelity Low Priced Stock Oppenheimer Small Mid Cp Value Royce Premier Shares DFA US Micro Cap DFA US Small Cap DWS Dreman Small Cap Val Fidelity Small Cap Stock Keeley Small Cap Value Lord Abbett Sml Cap Value Managers Special Equity Oppenheimer Main St Sm Cap Pennsylvania Mutual Royce Low Priced Stock Third Avenue Small Cap Value Wells Fgo Avtg Small Cap Value iShares Russell 2000 Index Fidelity Adv Small Cap Royce Value Plus Royce Total Return NB Genesis Baron Growth Baron Small Cap Fidelity Small Cap Independ SEI SIIT Small Cap Artisan Small Cap Value Royce Opportunity 6/07 Total Assets $MM 3,151 2,071 3,902 4,381 41,237 5,317 5,022 5,370 3,731 2,266 5,070 5,215 4,285 2,653 6,036 4,836 5,050 2,458 4,036 11,175 3,790 2,758 6,347 11,002 6,912 3,481 2,627 2,095 2,396 2,777 Prospectus Benchmark 1 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Russell 2000 Prospectus Benchmark 2 S&P 500 Lipper Classification Long/Short Equity Mid-Cap Core Mid-Cap Core Mid-Cap Growth Mid-Cap Value Mid-Cap Value Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Core Small-Cap Growth Small-Cap Growth Small-Cap Growth Small-Cap Growth Small-Cap Growth Small-Cap Value Small-Cap Value Russell 2500 Russell 2500 Morningstar Category Mid Growth Mid Growth Small Value Mid Growth Mid Blend Mid Blend Mid Blend Small Blend Small Blend Small Blend Small Blend Small Blend Small Blend Small Blend Small Blend Small Blend Small Blend Small Blend Small Blend Small Blend Small Growth Small Growth Small Value Small Blend Small Growth Small Growth Small Growth Small Value Small Value

Russell 2000 Value S&P 500 Russell 2000 Value Lipper Small Cap Core

Russell 2000 Value Russell 2000 Value

S&P 500 S&P 500

Compare funds that have the same performance benchmark as stated in the prospectus.
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Prospectus Data - Sub-Advisors

Portfolio Name SubAdvisor Name Detailed PIF Ptnr Large Cap Value AllianceBernstein; BNY Asset Mgmt PIF Ptnr Mid Cap Value I Goldman Sachs; Los Angeles Cap PIF Ptnr Mid Cap Value Neuberger Berman; Jacobs Levy Eqty PIF Ptnr Small Cap Growth II Emerald Advisers; UBS Glbl Asset Mgt; Essex Invest Mgmt Russell Multistrategy Bond Bear Stearns; Morgan Stanley Inv Mgmt; Delaware; Goldman Sachs; Pacific Life Russell Quant Equity Aronson & Fogler; Goldman Sachs; Franklin Portfolio Assoc;Jacobs Levy Eqty Russell Diversified Equity AllianceBernstein;Institutional Cap;MFS;Montag & Caldwell;Turner Inv Prtnrs;Marsico Capital;Columbus Circle Inv Russell Real Estate Securities Cohen & Steers; Heitman Real Est; INVESCO Instl; RREEF Real Estate; AEW Mgmt & Adv RVS Small Cap Value Barrow Hanley; Metropolitan West; Franklin Portf Assoc; Donald Smith & Co RVS Intl Aggressive Growth Columbia Wanger ; Principal Glbl Inv RVS Select Value Systematic Finl Mg; WEDGE Cap Mgmt RVS Aggressive Growth American Century; Turner Inv Prtnrs SunAmerica Focus Lg Cap Growth Navellier Mgmt; Marsico Capital; BlackRock Inv Mgmt SunAmerica Focus Value Third Avenue; Northern Trust; JPMorgan Asset Mgmt SunAmerica Focus Lg Cap Value AIG Capital; BlackRock Finl; Dreman Value Mgmt SunAmerica Focused Alpha Gro Baron Asset; Marsico Capital SEI SIIT Lg Cap Discip Eqty Smith Breeden; Analytic Invest; Intech; Quant Mgmt Assoc; AlphaSimplex Group SEI SIIT Core Fixed Income Western Asset; Metropolitan West; ING Investments; Wells Cap Mgmt; WesternAsset/Londn SEI SIMT Core Fixed Income Smith Breeden; Western Asset; Metropolitan West; Wells Cap Mgmt; WesternAsset/Londn SEI SIT Intl Equity AllianceBernstein;AXA Rosenberg;Smith Breeden;McKinley;Fuller & Thaler;Capital Guardn Tr;Quantitative Mgmt Assoc UBS Pace Lg Co Value Equity Institutional Cap; State Street Glbl; Westwood UBS Pace International Eqty Martin Currie; Mondrian Invst Ptr; JPMorgan Asset Mgmt UBS Pace Lg Co Growth Equity Marsico Capital; State Street Glbl; GE Asset /London UBS Pace Sm/Med Co Val Eqty Ariel Capital; Metro West Capital; Opus Invest Mgmt

View a funds sub-advisors or search for funds that are sub-advised by a certain manager.

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Service Provider Data

Service Provider Location and Contact Information
Administrator Advisor Auditor Custodian Distributor Legal Counsel Transfer Agent Sub-Advisor

Manager, Sub-Advisor and Advisor Parent Company Data Service Provider Analysis Pre-Stored Reports

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Pre-Defined Views to Quickly Filter Universe

Five Views to Filter Universe for ETFs & Fund of Funds
Classic View (Includes Unaffiliated Fund of Funds & Open-End ETFs) Standard View (Excludes All Fund of Funds, Includes Open-End ETFs) Fund of Funds View (Only Includes Fund of Funds) ETF View (Only Includes ETFs All Structures) Unified View (All Inclusive Includes all Fund of Funds & ETFs)

Drop down box that gives users quick access to different Views. To the right of the drop down box, a brief description of the universe selected.

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Link From Simfund MF to Simfund Filing

Link from Simfund MF to Simfund Filing. (Simfund Filing subscription required). For one fund or a group of funds, users can quickly access the latest prospectus, latest prospectus changes filed by the fund, all SEC filings for that fund or manager, a fund profile page, and newly registered funds by the manager.
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Link to Simfund Filing Prospectus Profile

Link from Simfund MF to Simfund Filing. The profile page, a new feature of Simfund Filing, shows key data from the prospectus on one page.

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View Multiple Sub-Advisor Fees in Simfund Filing

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Contact Information

For Additional Information Please Contact

Simfund5@sionline.com (212) 944-4455

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