2009 Quaker Funds DISTRIBUTIONS

Year-end distribution information shown is for the Quaker Funds listed in the table that follows. The Status column indicates whether the information is an estimate or the Fund's Final Year-End figures. All estimates are subject to change due to adjustments to tax, revenue and expense estimates as well as Fund share purchase or redemption activity through each Fund's record date. Reinvestment of dividends will be executed at the net asset value on the ex-date.

For complete standardized performance, including most recent month-end performance, click here.

Performance data quoted represents past performance; past performance does not guarantee future results. Short term performance, in particular, is not a good indication of a fund's future performance. An Investment should not be made based solely on returns. 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. Current performance of the fund may be lower or higher than the performance quoted.

About Investment Risk: Investing in the Quaker Funds may involve special risks including, but not limited to, investments in smaller companies, non-diversification, short sales, derivatives, foreign securities, special situation companies, debt securities and value and growth investing. Please refer to your Fund's most current prospectus for more complete information.

This information is general in nature and, is not intended as tax advice and cannot be used to avoid tax payments or penalties. Consult your tax advisor for advice that pertains to your personal circumstances.