| Portfolio Manager Changes |
| Fund |
Portfolio Manager Change |
| Advance Cap I Eqty Grth Ret (ADEGX) |
Kostiz/MacKenzie |
| Baron Fifth Ave Gr R (BFTHX) |
Umansky |
| Fidelity China Region (FHKCX) |
Bao |
| Fidelity Equity-Inc (FEQIX) |
Kramer/Morrow/Persaud |
| Fidelity Equity-Inc II (FEQTX) |
Offen |
| Fidelity Small Cap Grth (FCPGX) |
Venanzi |
| Fidelity Small Cap Stk (FSLCX) |
Harris |
| Northern Fixed Inc (NOFIX) |
Azar/Camden |
| Nubrgr Ber Part Inv (NPRTX) |
Salzmann |
| Nubrgr Ber Regncy Inv (NBRVX) |
Greene |
| ProFunds Short RealEs Inv (SRPIX) |
Najarian |
| T. Rowe Price Afr&Mid East (TRAMX) |
Bell |
| Vanguard FTSE Soc Idx Inv (VFTSX) |
Franquin |
| Winslow Green Grth Inv (WGGFX) |
Funk/Levy/Powell |
| Fund Closings/Reopenings |
| Fund |
Change |
| AmCent Equity Inc Inv (TWEIX) |
Closed to new investors |
| AMF Intermediate Mortgage (ASCPX) |
Reopened to new investors |
| AMF Ultra Short (AULTX) |
Reopened to new investors |
| AMF Ultra Short Mortgage (ASARX) |
Reopened to new investors |
| Berwyn Inc (BERIX) |
Reopened to new investors |
| Century SmCp Sel Inv (CSMVX) |
Reopened to new investors |
| Firsthand Tech Leaders (TLFQX) |
Closed to new investors |
| Vanguard Target Rtmt 2005 Inv (VTOVX) |
Closed to new investors |
| Fund No Longer Followed |
| Name |
Reason Eliminated |
| Dreyfus Emerging Leaders (DRELX) |
Merged into Dreyfus Opportunis-tic Small Cap Fund (DSCVX) |
| Hennessy Cornerstone Gr II (HENLX) |
Merged into Hennessy Corner-stone Growth Fund (HFCGX) |
| Marshall Intl Stk Y (MRISX) |
Merged into BMO Pyrford Inter-national Stock Fund (MISYX) |
| Value Line Convertible (VALCX) |
Merged into Value Line Income and Growth Fund (VALIX) |
| *Fund now covered online at AAII.com. |
| Name Changes |
| Fund |
Name Changed to |
| California Invmt CA Tx-Fr (CFNTX) |
Shelton CA Tx-Fr (CFNTX) |
| California Invmt S&P 500 Dir (SPFIX) |
Shelton S&P 500 Dir (SPFIX) |
| California Invmt S&P Md Dir (SPMIX) |
Shelton S&P Md Dir (SPMIX) |
| FBP Bal (FBPBX) |
FBP Apprec & Inc Opp (FBPBX) |
| FBP Value (FBPEX) |
FBP Equity & Div Plus (FBPEX) |
| Federated MdCp Idx Instl Svc (FMDCX) |
Federated MdCp Idx Svc (FMDCX) |
| Fidelity Spartan US Bd Idx Inv (FBIDX) |
Spartan US Bd Idx Inv (FBIDX) |
| Generation Wave Grth (GWGFX) |
Generation Wave Grth Inv (GWGFX) |
| INTECH Risk-Mgd Core T (JRMSX) |
INTECH U.S. Core T (JRMSX) |
| Jensen J (JENSX) |
Jensen Quality Grth J (JENSX) |
| Managers Micro-Cap (MMCFX) |
Managers Micro-Cap Svc (MMCFX) |
| Marshall Govt Inc Y (MRGIX) |
BMO Govt Inc Y (MRGIX) |
| Marshall Interm T/F Y (MITFX) |
BMO Interm T/F Y (MITFX) |
| Marshall Large-Cap Gr Y (MASTX) |
BMO Large-Cap Gr Y (MASTX) |
| Marshall Large-Cap Val Y (MREIX) |
BMO Large-Cap Val Y (MREIX) |
| Marshall Mid-Cap Gr Y (MRMSX) |
BMO Mid-Cap Gr Y (MRMSX) |
| Marshall Mid-Cap Val Y (MRVEX) |
BMO Mid-Cap Val Y (MRVEX) |
| Marshall Sht-Interm Bd Y (MAIBX) |
BMO Sht-Interm Bd Y (MAIBX) |
| Marshall Sht-Tm Inc Y (MSINX) |
BMO Sht-Tm Inc Y (MSINX) |
| Marshall Sm-Cp Gr Y (MRSCX) |
BMO Sm-Cp Gr Y (MRSCX) |
| Vanguard FL Lg T/E Inv (VFLTX) |
Vanguard FL Foc T/E Inv (VFLTX) |
| Vice Fund (VICEX) |
Vice Investor (VICEX) |
| Wintergreen (WGRNX) |
Wintergreen Inv (WGRNX) |
| Category Changes |
| Fund |
Old Category |
New Category |
| AmCent Zero Coupon 2015 Inv (BTFTX) |
Government Bond: Intermediate-Term |
Government Bond: Short-Term |
| FBP Apprec & Inc Opp (FBPBX) |
Balanced: Domestic |
Balanced: Global |
| Fidelity Asset Mgr 85% (FAMRX) |
Large-Cap Stock |
Balanced: Global |
| Fidelity Global Str (FDYSX) |
Balanced: Domestic |
Balanced: Global |
| Fidelity New Millennium (FMILX) |
Mid-Cap Stock |
Large-Cap Stock |
| Generation Wave Grth Inv (GWGFX) |
Balanced: Global |
Large-Cap Stock |
| ICON Bond I (IOBIX) |
General Bond: Long-Term |
General Bond: Intermediate-Term |
| Manning & Napier PB Max S (EXHAX) |
Balanced: Domestic |
Balanced: Global |
| Matthew 25 (MXXVX) |
Mid-Cap Stock |
Large-Cap Stock |
| New Century Alt Strat (NCHPX) |
Balanced: Domestic |
Long-Short |
| Nubrgr Ber Genesis Inv (NBGNX) |
Small-Cap Stock |
Mid-Cap Stock |
| Old Westbury Glb Opp (OWGOX) |
Global Stock |
Balanced: Global |
| Sit Tax-Free Inc (SNTIX) |
Intermediate-Term Bond |
High-Yield Bond |
| TCW Core Fixed-Inc N (TGFNX) |
General Bond: Long-Term |
General Bond: Intermediate-Term |
| USAA First Start Grth (UFSGX) |
Large-Cap Stock |
Balanced: Global |
Portfolio Manager Changes
